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CORONADO GLOBAL RESOURCES INC. — Capital/Financing Update 2019
Sep 12, 2019
64707_rns_2019-09-12_19362a06-83df-478d-bb9e-83f16485c313.pdf
Capital/Financing Update
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ASX Announcement
13 September 2019
CORONADO ANNOUNCES NEW CONTRACT WITH THIESS AT CURRAGH MINE
Coronado Global Resources Inc. (Coronado) announced today that following a competitive tender process it has awarded a six-year, A$1.3 billion contract to CIMIC Group's global mining services provider Thiess Pty Limited to provide mining services at Curragh’s northern operations.
The scope of work to be carried out by Thiess under this contract includes overburden removal and haulage, coal mining and run of mine rehandling services, equipment maintenance and pit dewatering.
This new contract is in addition to Thiess’s existing scope of work for provisioning and maintenance of Coronado’s electric shovel and supply of an ultra-class truck fleet.
Managing Director and Chief Executive Officer, Gerry Spindler said: “Today’s announcement extends our long-standing relationship with Thiess at Curragh North. This is the sixth successive contract Thiess has been awarded in a competitive process and is a testament to their focus on safety and ability to achieve production objectives through operational excellence. It also provides continuity and stability to Curragh’s northern operations while we deliver on our expansion plans.”
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For further information please contact:
Investors Aidan Meka P: +61 428 082 954 E: [email protected]
Media Marie Festa Cato & Clegg P: +61 405 494 705
About Coronado
Coronado Global Resources is one of the world’s largest producers of high-quality metallurgical coal. Through our market-leading expertise, we operate some of the safest, cleanest and lowest cost mines in the industry. Coronado employs over 1700 people and out head office is located in Brisbane, Australia. Our operations are situated in two of the largest and most productive metallurgical coal basins in the world, the Bowen Basin in Queensland, Australia and the Central Appalachian region of the US, servicing customers throughout the Asia-Pacific, Americas and Europe. In total, we have eleven operating mines that are located close to transportation infrastructure. With a diversified production base and significant Reserves and Resource, Coronado is well placed to grow over many years to come. As a reliable supplier to the steel industry, we are dedicated to making a positive contribution to the global economy; and through our sustainable business practices, to the local economies and communities where we operate.
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