NRW’s Golding wins $93m contract extension with Stanmore Coal at Isaac Plains

Golding Contractors will start production at Stanmore Coal’s Isaac Plains East mine in the Bowen Basin next month as part of a $93 million contract extension.

The extension adds a year to the NRW Holdings subsidiary’s project term (to June 2019) at the Queensland metallurgical coal operation.

Golding will deliver scoping work, including top soil and overburden removal, drill and blast, dragline, coal mining, handling, prep and loadout, mine rehabilitation and several more.

The Isaac Plains coal project was on care and maintenance under previous ownership until Stanmore Coal recommenced mining in February 2016. Isaac Plains East, acquired by Stanmore in 2015, has a metallurgical coal focus and represents the company’s next large mining project.

Total JORC 2012 reserves within the mining lease area (including Isaac Plains East) stand at 79 million tonnes (Mt) of coal with 55.2Mt in the measured and indicated category.

NRW chief executive officer and managing director Jules Pemberton said, “I am extremely pleased that Golding will continue the productive partnership with Stanmore Coal at Isaac Plains East. Further, I look forward to working with Stanmore Coal to sustain this relationship longer term as they continue to grow their resource base.”

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