The dotted line: August’s biggest contracts

contract

Keep up with the latest and largest contracts from across the mining sector, including NRW Holdings, Thiess, Macmahon and Monadelphous. 

NRW Holdings has signed a letter of intent with Coronado Global Resources to extend its mining services deal at the Curragh coal mine in Queensland.

The extension added around $1 billion to the contract value while keeping around 500 people employed at the mine

Under the letter of intent, more than five years will be added to the the six-fleet contract, pushing the relationship between NRW subsidiary Golding Contractors and Coronado out to 2026.

NRW chief executive officer and managing director Jules Pemberton said the company looked forward to its continued success with Coronado.

“This agreement maintains the relationship Golding has established at Curragh mine since 2014 and reflects our continued ability to support our client’s mine plans,” Pemberton said.

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Thiess was awarded a four-and-a-half-year contract extension by MACH Energy at the Mount Pleasant coal mine in New South Wales which will keep the mining services contractor at the site until 2026.

The $920 million contract will see Thiess continue to provide full-scope mining services including drill and blast, overburden removal, coal mining services and rehabilitation.

Thiess executive general manager of Australia and Pacific Shaun Newberry said the extension was a great opportunity to strengthen relations with MACH and the surrounding region.

“We’re proud to continue our work at Mount Pleasant where we have a proven track record of delivering industry-leading environmental practices,” Newberry said.

“We also look forward to continuing our strong relationship with the Muswellbrook community to ensure we deliver mutually beneficial outcomes.”

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Macmahon will undertake $600m in cutbacks thanks to mega contracts at the Tropicana gold mine joint venture, and Newcrest’s Telfer mine, both in Western Australia.

Macmahon has provided open cut mining services since mid-2012 at the Tropicana mine and can now add $470 million to its books, with cutback works to take place from 2023 to 2027.

At Newcrest’s wholly owned Telfer gold mine, the Tier 1 miner announced a cutback to its West Dome stage five ore body in mid-August.

This scope of work should generate around $138 million in revenue for Macmahon as it  undertakes the job until September 2024.

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A bulk of contracts for Monadelphous equated to $200 million from major miners such as BHP and Rio Tinto.

The BHP contracts involved a haul road extension at its 58 million tonne Jimblebar mine, plus a refurbishment at the Nelson Point car dumper one.

Rio Tinto also commissioned construction works at its Marandoo dewatering sump project in the Pilbara region.

Both companies expect works to be complete across the course of 2022.

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Primero secured a range of contracts of late from the likes of Atlas Iron, covalent Lithium and Mount Gibson Iron amounting to around $155 million.

From Atlas Iron, Primero was awarded a contract for a four-year crushing services contract at the upcoming Miralga Creek iron ore operation in Western Australia.

Other minerals contracts included two from Mt Gibson Iron for the upgrade of the Koolan Island crushing circuit, and a two-year crushing contract at the Shine development project.

Covalent Lithium awarded the NRW Holdings subsidiary with a non-process infrastructure contract  for the Mt Holland water supply pipeline construction contract which is scheduled for completion by early 2022.

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