OZ Minerals Announces Being Awarded the Contract for the Next Phase of Carrapateena Underground Mine

OZ Minerals has awarded the contract for the next phase of its Carrapateena underground mine development to Downer EDI Limited (Downer). The approximately six and a half year contract is valued at $660 million. Downer will mobilise to the Carrapateena site this week initiating a 10-week transition period prior to assuming responsibility for all site underground mining operations from 1 July 2018.

The underground mining contract review is aligned with the start of the next stage of Carrapateena’s mine development, which began in April following receipt of all primary approvals, including the Mining Lease, from the State and Federal Governments at the end of March 2018.

OZ Minerals thanks PYBAR Mining Services Pty Ltd (PYBAR) for the development work they have undertaken over the past two years and for their major contribution in reaching development schedule and budget milestones. Downer and PYBAR will work together during the transition period to facilitate development continuity and employee support and opportunities.

Scope of work

Comprises all underground mining activity for the duration of the contract including:

  • site setup and development to the top of the ore body and infrastructure excavation
  • production setup and ramp up, and
  • bedding in steady-state operations at nameplate site capacity.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s