Ausdrill secures more than $150m contract extensions in Western Australia

23 February 2017 (Last Updated February 23rd, 2017 18:30)

Mining services company Ausdrill has been awarded contract extensions worth more than A$200m ($153m) from its two clients operating in the Goldfields region of Western Australia.

Mining services company Ausdrill has been awarded contract extensions worth more than A$200m ($153m) from its two clients operating in the Goldfields region of Western Australia.

The company received an A$143m ($110m) contract extension from Kalgoorlie Consolidated Gold Mines (KCGM).

Under this contract extension, Ausdrill will provide drilling, blasting and grade control services for additional five years at KCGM’s Super Pit mine, one of the largest open-pit gold mines in the country.

Ausdrill has been providing its services at the Super Pit mine for nearly 30 years continuously. Currently, a team of 80 members is employed at the mine.

The contract renewal will become effective from 1 March 2017.

Ausdrill has also received a contract extension from Gold Fields.

Under this A$60m ($46.15m) contract extension, Ausdrill will provide exploration drilling services at Gold Fields’ St Ives and Granny Smith gold mines for further three years.

"The contract renewal will become effective from 1 March."

The extension is based on Ausdrill’s experience of working at these mines for more than two decades.

Ausdrill managing director Ron Sayers said: “Ausdrill’s relationship with KCGM and Gold Fields and our involvement at these three mines extends back to the very early days of our business.

“We are delighted to build on the relationships we have developed, which are based on our strong safety record, our deep understanding of our clients’ operations and our commitment to enhancing their productivity.”

With more than 4,000 employees, Ausdrill operates across Australia, Africa and the UK.

It provides manufacturing, drill and blast, exploration, mineral analysis, procurement and logistical services in the mining sector.