CIMIC Group‘s contract mining company Thiess has secured a contract valued at A$1.7bn ($1.2bn) for the Debswana Diamond Company’s Jwaneng Mine Cut 9 project located in Botswana.
Thiess secured the contract through Majwe Mining, a joint venture between Thiess (70%) and long-term local partner Bothakga Burrow Botswana (30%).
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Under the terms of the volume-based contract, Majwe will be responsible for providing full scope mining services over a period of nine years.
CIMIC Group CEO Michael Wright said: “This new contract strengthens Thiess’ presence in Botswana and builds on our operational and technical teams’ solid performance at Jwaneng since 2011.
“The relationship developed between Majwe and client Debswana Diamond Company, owned by the Botswana Government and De Beers, is a testament to all involved with the project.”
Works to be carried out as part of the contract will include drill and on-bench services, mine planning, equipment maintenance, load and haul, and mining operations.
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By GlobalDataThe latest contract follows Majwe’s completion of the Cut 8 project at the Jwaneng diamond mine in November last year.
CIMIC Group mining and minerals executive Douglas Thompson said: “I am pleased to be extending our long-term relationship with Debswana Diamond Company and Majwe, delivering scalable and innovative solutions that are tailored to our client’s production and expansion needs.
“This contract extends our compliance with Botswana’s Citizen Economic Empowerment Policy and to delivering sustainable mining.”
Discovered in Southern Botswana in 1972, the Jwaneng mine comprises three separate volcanic pipes with production varying from about 12.5 to 15 million carats annually.
