Tag Archives: David Macgeorge

Fortescue employs SRG Global for maintenance and shutdown services

SRG Global has been awarded a five-year term contract from Fortescue Metals Group to initially provide rope access and electrical maintenance requirements across the company’s mine, rail and port locations throughout Western Australia.

The A$150 million ($117 million) term contract, which has already commenced, is a Master Agreement for Maintenance and Shutdown Services, the company said.

Locations for SRG’s work include the Christmas Creek (pictured), Cloudbreak, Firetail, Kings Valley and Eliwana mine sites, along with its supporting rail and port infrastructure.

SRG Global Managing Director, David Macgeorge, said: “We are delighted to be selected as a key partner to FMG and to provide critical maintenance and shutdown services across their Pilbara operations for the next five years. This is another significant step forward in our strategy to build a portfolio of annuity earnings, with quality clients, to deliver long-term sustainable growth.”

SRG Global to help Red 5 blast off at Great Western gold mine

SRG Global has been awarded a term contract with Pit N Portal Mining Services to provide specialist production drill and blast services and explosives supply at Red 5 Ltd’s Great Western gold mine in Western Australia.

The term contract is expected to start immediately for an initial 12-month term.

Pit N Portal, a division of Emeco, was awarded the contract mining gig at Great Western back in October.

A satellite deposit located around 55 km from Red 5’s Darlot gold mine and processing facility, Great Western comes with a measured, indicated and inferred resource of 870,000 t grading 2.5 g/t Au for 70,300 oz of contained gold. The maiden proven and probable reserve totalled 437,500 t at 2.5g/t Au for 35,424 oz of contained gold.

Based on a proposed mining rate of between 30,000-40,000 t/mth of ore, the open pit is expected to be completed over a period of around 13 months, with plans to then access the underground orebody via a portal at the base of the pit, Red 5 said at the time.

In addition to the work on Great Western, SRG Global was also awarded a new three-year contract (with option for a further two years) with GFG Liberty OneSteel to provide engineered access solutions at the Liberty Steelworks site in Whyalla, South Australia.

David Macgeorge, Managing Director of SRG Global, said: “We are very pleased to have secured these two term contracts, adding to our recurring annuity earnings.

“The Pit N Portal contract was specifically targeted as it builds upon our mining services portfolio of high-quality growth commodities whilst diversifying SRG Global’s customer base.”

SRG Global bolsters South32 relationship with more Worsley Alumina work

SRG Global says it has secured a long-term circa-A$100 million ($72 million) contract with South32’s Worsley Alumina operations to provide specialist refractory services, including gunning and casting and installation of refractory products and anchors.

Works under the contract will commence in October 2020 with a duration of eight years.

South32 has also extended SRG Global’s existing engineered access services contract for a further two years, pocketing the ASX-listed engineering firm another circa-A$25 million. This will see SRG Global continue to provide access services at South32’s Worsley Alumina operations until mid-2027, it said.

David Macgeorge, Managing Director of SRG Global, said: “These contracts are a terrific achievement for SRG Global and we are excited to be expanding our partnership with South32 to continue to deliver long-term value for their Worsley operations.”

As part of the Worsley Alumina operations, bauxite is mined near the town of Boddington, 130 km southeast of Perth, Western Australia. It is then transported on the largest overland conveyor belt in the southern hemisphere, for more than 50 km, to a refinery near the town of Collie, where bauxite is turned into alumina.

SRG Global wins drill and blast contract from Saracen Mineral Holdings

SRG Global says it has been awarded a five-year, circa A$70 million ($43 million) contract from Saracen Mineral Holdings to carry out specialist drill and blast services, explosives management and grade control drilling at the Thunderbox and Carosue Dam gold operations in Western Australia.

Saracen has recently become a much bigger entity thanks to the acquisition of 50% of the Kalgoorlie ‘Super Pit’, where SRG Global has provided specialist geotechnical services for over 20 years.

It is also in the process of expanding the mineral processing plant at the Carosue Dam gold operations, which will see throughput increase to 3.2 Mt/y by the installation of secondary grinding equipment.

David Macgeorge, Managing Director, said: “We are extremely pleased to have secured this new, five-year term contract with Saracen who are a major player in the gold sector. We are excited to partner with Saracen to deliver innovative solutions to drive both safety and operational performance. This contract further diversifies SRG Global’s customer base and adds significantly to our long-term work in hand.”

SRG Global seals Alcoa Kwinana alumina refinery contract

SRG Global, having been awarded preferred tenderer status for a A$90 million ($61 million) asset services contract with Alcoa in December, has confirmed the contract has now been executed.

The services will be provided at Alcoa’s Kwinana alumina refinery in Western Australia with a contract duration of five years. In December, the company said it would provide heavy mechanical and electrical maintenance as well as access solutions including highly skilled rope access technicians and scaffold services.

Site mobilisation is well advanced with contract services to commence in February 2020, according to the company.

SRG Global Managing Director, David Macgeorge, said: “This a very significant contract award for SRG Global in our Asset Services division and showcases our ability to deliver multi-disciplinary integrated solutions for tier one customers.

“We look forward to building a long-term partnership with Alcoa to deliver value-engineered maintenance and access services that drives value for their operations.”

SRG Global wins contract at Alcoa’s Kwinana alumina refinery

Australia-listed SRG Global has been awarded preferred tenderer status for up to a five-year multi-disciplinary asset services contract with Alcoa.

As part of this A$90 million ($61.4 million) agreement, SRG will provide heavy mechanical and electrical maintenance as well as access solutions including highly skilled rope access technicians and scaffold services, it said.

The services will be provided at Alcoa’s Kwinana alumina refinery in Western Australia with site mobilisation forecast to commence in early 2020.

The Kwinana refinery has an annual nameplate production capacity of 2.2 Mt and produces non-metallurgical alumina (15% of production) and smelter-grade alumina (85% of production), according to Alcoa.

SRG Global Managing Director, David Macgeorge, said: “This is a very significant announcement for SRG Global in our Asset Services division and showcases our ability to deliver multi-disciplinary integrated solutions for Tier One customers.”

SRG Global wins Whyalla Steelworks refractory contract

SRG Global says it has finalised a long-term contract with GFG Liberty OneSteel to provide refractory services throughout the Whyalla Steelworks site in South Australia.

The services incorporate the pellet plant, ironmaking, steelmaking and steel products assets, according to SRG Global, with the contract for an initial four-year term with options for a further two-year extension.

The engineering-led specialist construction, maintenance and mining services group said works under this contract are expected to generate revenue of around A$45 million ($31 million) over the six-year term, or some $30 million over the initial four-year term.

“The contract is clear evidence of the benefits that are being delivered through the creation of SRG Global, an engineering-led specialist construction, maintenance and mining services group operating across the entire asset life cycle,” SRG said.

Last year, Global Construction Services and SRG carried out a merger to create SRG Global.

The award of this refractory services contract at Whyalla Steelworks will complement existing works being undertaken by SRG Global’s Mining Services division, which has been operating in the region since 2012, the company added.

SRG Global Managing Director, David Macgeorge, said the contract highlighted the company’s depth of experience in complex asset services and is “further evidence of the diverse capabilities we offer as a combined entity”.

He added: “The contract award is significant in that it aligns with SRG Global’s long-term strategy of securing a greater proportion of recurring revenue contracts in the asset services sector. It is also a considerable achievement in leveraging our refractory services expertise to significantly bolster work in hand.”

SRG Global wins service contract at South32’s Worsley alumina operation

Construction, maintenance and mining service group, SRG Global says it has secured a long-term contract with South32’s Worsley Alumina subsidiary in Australia.

The ASX-listed service provider will deliver a “complete suite” of engineered access solutions for the Worsley alumina operation, including scaffold services and highly skilled rope access technicians, it said.

The contract is for an initial three-year term with extension options for a further three years, SRG said, explaining that, if Worsley Alumina exercises the extension options, the total contract duration will be six years.

Works under this contract commence in June and are expected to generate revenues of circa-A$60 million ($41 million) over the six-year term or around $32 million over the initial three-year term, according to SRG.

“The contract requires minimal capital outlay and will increase SRG Global’s workforce by circa-100 full-time positions,” SRG said.

SRG Global Managing Director, David Macgeorge, said, “The opportunity to work with a world-renowned mining company like South32 at its long-established Worsley Alumina project in South West WA is a great achievement for SRG Global. The effort our team put in during the competitive tendering process is admirable and I commend them on a fantastic result.

“This contract also represents a significant advancement in the group’s long-term strategy to deliver recurring term revenue within the asset services sector.”

As part of the Worsley Alumina operations, bauxite is mined near the town of Boddington, 130 km southeast of Perth, Western Australia. It is then transported on the largest overland conveyor belt in the southern hemisphere, for more than 50 km, to a refinery near the town of Collie, where bauxite is turned into alumina.