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