Downer continues work on NSW copper mine with new $120m contract
Following the completion of a three-year mining services contract awarded in 2015, Downer EDI has been awarded a new three-year contract valued at approximately $120 million which will get the company to continue providing mining services at the CSA underground copper mine in Cobar, New South Wales.
The contract - awarded by Cobar Management Pty Ltd, a subsidiary of Glencore - also has an option to extend another 24 months to its term.
Source: CSA Mine
Downer’s scope of works under this contract will include mechanised decline and lateral development mining and haulage. The company will also be providing ground support services including bolting and shotcrete.
According to Downer’s Chief Executive Officer Grant Fenn, he is pleased to see the company continuing its relationship with Cobar Management.
“Downer has a strong track record of providing mining services to Cobar Management and Helping it to drive efficiencies across its operations. We look forward to extending our working relationship and continuing to deliver efficient solutions for the CSA mine,” Mr Fenn said.
The CSA mine has an annual production of more than 1.1 million tonnes of copper ore as well as over 185,000 tonnes of copper concentrate.
Watch this space for the latest industry news and project updates by subscribing to Felix Project News today.
Source: Downer Group; Finance News Network; IM International Mining
Related Articles
Downer secures $600m contract for works at Blackwater coal mine
Downer EDI has secured a $600 million three-year contract to provide mining and related services at the Blackwater coal mine in Central Queensland.
Downer signs $350m extension contract with Karara Mining
Downer EDI Limited has signed an extension contract with Karara Mining Ltd worth approximately $350 million. This agreement extents their current six-year contract – worth $570 million – on Karara’s iron ore mine to a further four years.
PYBAR secures new mining contract for the Thalanga zinc project in QLD
Red River Resources has awarded PYBAR Mining Services a contract develop and operate the Far West underground deposit at the Thalanga zinc project located approximately 65 kilometres south west of Charters Towers in Northern Queensland.