Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CORONADO GLOBAL RESOURCES INC. Capital/Financing Update 2019

Sep 12, 2019

64707_rns_2019-09-12_93e5c1c9-2d06-4cd8-b14c-d1878bbeb832.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

13 SEPTEMBER 2019 CIMIC’S THIESS SECURES $1.3 BILLION CURRAGH EXTENSION

CIMIC Group’s global mining services provider, Thiess, has been awarded a six-year A$1.3 billion contract extension by Coronado Global Resources Inc to provide mining services at the Curragh Mine in Queensland, Australia.

Under the extension, Thiess will continue to provide overburden removal and haulage, mining and run of mine rehandling services, equipment maintenance and pit dewatering.

Located in the metallurgical coal-rich Bowen Basin, Thiess has a long record of service at the Curragh Mine, having operated at the project since 2004.

CIMIC Group Chief Executive Officer Michael Wright said: “Thiess has a consistent record of exceeding our client’s expectations at the mine, through a focus on operational excellence and innovation, and an unrelenting commitment to safety culture and outcomes at Curragh. This contract extension reflects Thiess’ ongoing ability of creating lasting value for its clients.”

CIMIC Group Executive Mining and Mineral Processing and Thiess Managing Director Douglas Thompson said: “We are delighted to be continuing our partnership with Coronado Resources. Thiess has operated at Curragh for more than 15 years. Over that time, we’ve developed a deep understanding of the site and its operations, helping to deliver optimal efficiency, productivity and cost performance. We look forward to continuing this strong record of delivery with the Curragh team.”

In addition to this contract, Thiess will continue delivery of its existing scope of works, including the operation and maintenance of the client-owned 1400 tonne electric rope shovel and ultraclass trucking fleet.

CIMIC Group companies Sedgman and UGL provide various operations and maintenance contracts at the Curragh Mine.

ENDS

Issued by CIMIC Group Limited ABN 57 004 482 982 www.cimic.com.au

Contacts

Mr Justin Grogan, Investor Relations T+61 2 9925 6628 Ms Fiona Tyndall, General Manager Communications T+61 2 9925 6188

CIMIC Group (ASX:CIM) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises our construction business CPB Contractors, including Leighton Asia and Broad, our mining and mineral processing companies Thiess and Sedgman, our services specialist UGL and our public private partnerships arm Pacific Partnerships – all supported by our in-house engineering consultancy EIC Activities. Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and around 43,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 100 index, the Dow Jones Sustainability Australia Index and FTSE4Good.