Landmark New Century Resources life of mine contract for Waanyi Downer JV

Downer EDI Ltd has announced that, along with its joint venture partner Waanyi, it had been awarded a life of mine contract by New Century Resources Ltd (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.

Waanyi PBC Chairman, Alec Doomadgee, commented on the signing of the agreements:

“This is an Australian first – an agreement which genuinely recognises the significant value of Indigenous Peoples. This could only happen with our trusted JV partner in Downer, where we have a genuine relationship built on enduring mutual respect. Our ability to engage in real economic development through the Waanyi Downer JV will contribute significantly to a model of self-determination for the Waanyi People.”

New Century Resources Managing Director, Patrick Walta, said: “New Century looks forward to continuing our collaboration and cooperation with the Waanyi People and working with the Waanyi Downer JV.”

The WDJV is Chaired by Warren Mundine, former Head of the Prime Minister’s Indigenous Advisory Council. Mr Mundine said: “The Waanyi people are central to this. The focus has always been, and must remain that the operation is on Waanyi country and must benefit the Waanyi People. This is why this arrangement has been so successful to date, and will continue to be, because of this focus. I’d like to think this partnership is unique and a case study for other operations around the country.”