Downer EDI Limited announced today that, along with its joint venture partner Waanyi, it had been awarded a life of mine contract by New Century Resources Limited (NCZ) to provide mining services for the mining of East Fault Block and South Block Resources immediately adjacent to the Century Open Pit Mine in Queensland.
The execution of the Mining Services Agreement with the Waanyi Downer Joint Venture (WDJV) forms part of a unique compensation arrangement between New Century Resources and the Waanyi People. An industry first, it provides a viable mechanism to properly recognise the significant value of Indigenous Cultural Heritage, while also empowering Traditional Owner communities with mining developments occurring within their traditional lands. The agreement allows for the potential development of the South Block and East Fault Block Resources, should that proceed following the completion of the Expansion Feasibility Study, due by the end of September 2018.
The scope of work to be carried out includes:
- waste and ore removal and haulage;
- equipment supply and maintenance;
- drilling services; and
- technical and mine management.
This mining services contract is in addition to the contract awarded in April 2018 to the Waanyi Downer joint venture partners for the provision of training services to Aboriginal and Torres Strait Islander people and communities to the Century Mine.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was pleased to be expanding its relationship with New Century Resources at Century Mine.
“Today’s announcement is a demonstration of Downer’s extensive experience and mining services expertise. Downer and Waanyi have already developed excellent working relationships with New Century Resources and we look forward to working closely with them to achieve their long-term endeavours for economic rehabilitation of the Century Mine.”
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