Golding Contractors, a wholly owned subsidiary of NRW Holdings, has received a letter of direction from Coronado Curragh to increase the capacity of the Curragh Main Mine in Australia by introducing a fourth fleet to its existing mining operations.
Golding will supply all major equipment that will be used for the expanded mining operations.
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The additional fleet to be introduced by Golding will include a new Caterpillar 6060 excavator and 4 hired Komatsu 830E trucks along with an ancillary plant.
NRW Holdings CEO and managing director Jules Pemberton said: “The additional fleet represents an expansion of scope in a contract with Coronado Curragh that commenced in 2014 and reflects our continued ability to provide solutions to expand client operations.”
Total capital expenditure of $12m is scheduled for the 2020 financial year.
The latest award adds around $50m to the existing contract which has an indicative value of $230m over the remaining term to completion in September 2021.
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By GlobalDataGolding Contractors executive general manager Geoff Caton said: “We have worked closely with Coronado’s management team in recent months to examine a range of options to maximise value from the Curragh Mine resource.
“The fleet will commence the mobilisation process during April for commissioning early in FY20.”
In a separate development, NRW’s other wholly-owned subsidiary RCR Mining Technologies secured contracts to supply process equipment and support activities to multiple clients in Western Australia.
The awards to date are valued at around $22m in total.
Pemberton further added: “Since acquiring the business in February integration activities have progressed well and winning this work is particularly welcome news to our workforce in Bunbury and Welshpool.”
