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.
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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Golding 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.”