Padbury Mining Limited - Appointment of Mott MacDonald

Perth, Australia (ABN Newswire) - Padbury Mining Limited (ASX:PDY) is pleased to announce that Mott MacDonald (Mott's) has been commissioned to refine work previously completed by Padbury. This is a further step in assisting Padbury to identify the strategic and commercial needs of developing its Peak Hill project.

Specifically, Mott's was asked to undertake:

1. An independent review of a draft concept study previously undertaken with the overall aim of undertaking a gap analysis to identify improvements and new areas of work; and,

2. Review Midwest Infrastructure's port and rail solution for Oakajee.

Exploitation of Padbury's Peak Hill project is inextricably linked with the development of a port and rail solution at Oakajee. Padbury took the strategic initiative to acquire the intellectual property rights to Yilgarn Infrastructure's development proposal and is now pushing hard with the only solution to this development.

Realisation of project development outcomes requires a disciplined and consistent application of project management principles throughout the six (6) phase life cycle of a project: initiation, concept, pre-feasibility, feasibility, execution and operation.

In that context, Padbury is utilising an integrated stage gate project management process in all of its capital project investments, including the execution of its planned development for Oakajee.

As a consequence, Padbury engaged one of the world's largest employee-owned engineering, development and management consultancies, Mott MacDonald, which has been contributing to projects in Australia and New Zealand for more than 50 years. It is providing leading-edge solutions to public and private sector clients for an extensive range of developments in transport, buildings, water, energy, environment, education, health, and more recently in mining, oil and gas.

Mott's project management portfolio has increased and has successfully delivered projects for clients including infrastructure solutions at Adelaide Airport Limited and Flinders Ports.


About Padbury Mining Limited:

Padbury Mining Limited (ASX:PDY) is a Perth-based, ASX-listed mineral exploration company focused on the development of its significant iron ore assets in Western Australia's Mid West region.

The company's flagship Peak Hill Iron Joint Venture is a highly prospective magnetite and hematite iron ore project located at Robison Range, about 450km north east of Geraldton.

The Company has a solid program of work planned to develop the Peak Hill project over the next three years, with production targeted for 2015-2016.



Contact:

Padbury Mining Limited
Gary Stokes, Managing Director
T: +61-8-6460-0250

Terry Quinn, Executive Chairman
T: +61-8-6460-0250