14th Feb 2007 07:13
Dwyka Diamonds Limited14 February 2007 Dwyka Diamonds Limited ('Dwyka' or 'the Company') Dwyka Subsidiary Signs Concrete Supply Contract Dwyka is pleased to announce that its South African based subsidiary, SupermixMining (Pty) Ltd has been awarded a contract for the supply of concrete for theconstruction of a new prison facility in Kimberley (Northern Cape, Republic ofSouth Africa). Supply will be delivered through an on-site batching plant overan estimated period of 17 months, commencing immediately. It is anticipated thatover 40,000 cubic metres of concrete will be required to complete the project.It is estimated revenue generated from the supply will be approximately ZAR24,000,000 Announcement of the supply contract comes on the back of a number of otherrecently awarded contracts, and higher demand for low-cost bricks produced bythe Company. Demand for construction materials has risen as South Africaprepares for the 2010 soccer World Cup, which will see Kimberley as a regionalhost of the event. Dwyka's chairman, Melissa Sturgess said today "The increased demand for buildingproducts has necessitated utilization of an additional batching plant to fulfillour supply obligations to the prison project. Buoyancy within the region, andstrengthening demand for our products may result in expansion of our existingfacilities to satisfy local requirements." For further information please contact: In AustraliaAdrian Griffin, Melissa SturgessDwyka Diamonds Limited(+618) 324 2955 In United KingdomRichard BrownAmbrian Partners Limited(+44) 20 7776 6417 Laurence Read/Leesa PetersConduit PR(+44) 20 7429 6605/(+44) 20 7429 6600 Or visit: http://www.dwykadiamonds.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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