Tag Archives: Golding Contractors

NRW’s Golding to keep mining Wonbindi Coal’s Baralaba North operation

NRW Holdings Ltd says its wholly owned subsidiary, Golding Contractors Pty Ltd, has received a 12-month extension to its existing agreement with Wonbindi Coal Pty Ltd at the Baralaba North coal mine, in Queensland, Australia.

The award adds approximately A$120 million ($92 million) to the existing contract, which now extends to June 2022.

The extension cements the relationship between Golding and Wonbindi Coal where Golding has provided the contract mining services at the mine, maintaining and operating a wholly client owned fleet of equipment, producing an ultra-low volatile pulverised coal injection product since 2018. This original contract included overall mine planning; the removal of topsoil; drilling, blasting, loading and hauling overburden; loading and hauling of coal; and handling coal through the crushing and screening plant.

Golding and BMA strengthen ties with Blackwater civil works contract

Golding Contractors has been awarded a contract by BHP Mitsubishi Alliance (BMA) for civil works at the Blackwater coal mine in Queensland, Australia.

The NRW Holdings’ wholly-owned subsidiary’s scope of works to be undertaken included establishing alternate access for heavy vehicles outside of the mining footprint; providing civil infrastructure to enable the relocation of a communication mast; relocating critical mine infrastructure (HDPE pipeline, high voltage power lines, fibre optic cable); constructing the drainage structure, to remove water flows from the proposed mining area into an existing creek system; and providing flood protection (levees) for the new and existing mining pits.

As part of this project, around 1.2 Mm³ of earthworks, 4 km of HDPE pipelines, 22 km of fibreoptic cabling and 21 km of overhead cabling is expected to be installed.

The works have an approximate value of A$35 million ($23.7 million) and contract completion is anticipated to be in January 2021.

NRW’s CEO and Managing Director, Jules Pemberton, said it was pleasing to be awarded this contract following work secured in July for the same client at Goonyella, with a value of circa-A$34 million.

Those works, also being undertaken by Golding, include around 950,000 m³ of earthworks and 10 km of new pipework, with completion scheduled in August 2020.

NRW’s Golding to operate new trucks, excavators at Isaac Plains East coal mine

NRW Holdings’ wholly-owned subsidiary, Golding Contractors, has reached agreement with Stanmore Coal to increase overburden removal capacity at its Isaac Plains East mine in Queensland, Australia, with the addition of a third truck and excavator fleet.

During 2019, the mine has continued to increase production and the new contract mine plan is seeking to sustain current coal production volumes of around 3 Mt/y of run of mine (ROM) material.

The two companies, in November, agreed to extended the contract mining services contract for at least another five years.

The third fleet will commence operations in August, with Golding supplying an additional Hitachi EX3600 excavator, five EH3500 Hitachi trucks and the remainder of the ancillary fleet, the majority of which will be mobilised from NRW’s Middlemount project, NRW said, adding that the five EH3500 trucks will be replaced by 5 EH4000 Hitachi trucks as they become available from the Middlemount project.

Stanmore Coal has also entered into binding agreements to acquire a 600-t Caterpillar 6060 excavator for the Isaac Plains East mine from Cat dealer Hasting Deering. This will be commissioned later in the year, NRW said, with Golding operating and maintaining the machine. It will either move prime overburden in front of the dragline or overburden in dedicated excavator and truck pits uncovering coal, according to Stanmore Coal.

Stanmore said: “Once the environmental approvals are granted for the Isaac Downs project, it is planned that the excavator will transfer to Isaac Downs to commence the box-cut operation to establish the mine. Operations at Isaac Plains East will continue in parallel with the development of the Isaac Downs project.”

The total investment is expected to be A$13 million, which includes additional workshop facilities and associated equipment expenditure at Isaac Plains to support efficient maintenance practices, the company said.

The value of the increase in scope of the contract adds approximately A$450 million ($315 million) to the existing five-year contract Stanmore and Golding have in place, NRW said. The total contract sum is estimated to be around A$950 million at the current mine production levels.

NRW CEO and Managing Director, Jules Pemberton, said: “This amendment is built on the back of a productive relationship and a positive transition for both Stanmore and Golding to the Isaac Plains East operations. We expect our capital commitment to be very low at around A$10 million as we are able to utilise fleet secured through an agreed early release from the Middlemount Coal contract.

“The Middlemount contract is not formally due for completion until the end of the 2020 financial year, however we will be able to release certain fleet prior to that date and some fleet will also likely remain on site beyond the formal contract end date. As the Middlemount project is a maintained dry hire contract, the release of our fleet will enable us to re commit these assets to existing and new full-service contract mining opportunities in line with our mining divisions delivery model.”

Consultant Measured Group updated the Isaac Plains reserve in August 2018 with current estimates supporting over 10 years of open-pit mining at planned mining rates of 1.2-1.8 Mt/y of product coal. Total open-pit reserves as at August 2018 were 14.9 Mt (run of mine).

The contract amendment is tied to Stanmore Coal’s decision to defer the Isaac Plains Underground project and prioritise its Isaac Downs project, which has higher margin ROM coal to feed the coal handling preparation plant, Stanmore Coal says.

Stanmore Coal said the Isaac Plains Underground bankable feasibility study had been completed and confirmed a positive business case for the new underground mine with potential production ramping up to an average of 1.2 Mt/y of saleable coal from year two of the production plan.

“The quantum of product tonnes forecast for the underground combined with the open-cut sources exceeds the current CHPP and contracted port capacity. Stanmore Coal is prioritising its highest margin ROM coal at Isaac Plains East and Isaac Downs project, to maximise returns to shareholders. Accordingly, the Isaac Plains Underground project will be deferred until additional port and CHPP capacity are secured or until mining at the Isaac Downs project is largely complete, subject to prevailing business conditions.”

Stanmore Coal and Golding agree on flexible extension to Isaac Plains East contract

Stanmore Coal has extended its contract with NRW Holdings subsidiary Golding Contractors at the Isaac Plaints East mine in Queensland, Australia.

Golding will carry out contract mining services for at least another five years as part of the circa-A$500 million ($364 million) contract. This will see the project term extended to June 2024.

NRW CEO and Managing Director Jules Pemberton said of the contract award: “The relationship, which commenced in 2015, has been a productive and successful partnership and we look forward to supporting Stanmore’s growth ambitions as they further develop their extensive resource base over the coming years.”

Golding will deploy new equipment with a capital cost of circa A$40 million to support the contract extension, it said.

Stanmore said the contract had a flexible structure that allowed the company to vary production to meet market conditions within certain parameters. Within the agreement, is an option to owner/operate the coal handling preparation plant at the site as the future production profile changes.

Consultant Measured Group updated the Isaac Plains reserve in August 2018 with current estimates supporting over 10 years of open-pit mining at planned mining rates of 1.2-1.8 Mt/y of product coal. Total open-pit reserves as at August 2018 were 14.9 Mt (run of mine).

Golding secures more Queensland coal work with Fitzroy

NRW Holdings subsidiary Golding Contractors has been awarded an early contractor involvement (ECI) contract by Fitzroy Australia Resources for the provision of project development services for the Ironbark No 1 coal mine in the Bowen Basin of Queensland.

The ECI scope is to provide detailed design, costing and project scheduling for the civil and mining services required to develop the mine.

The infrastructure associated with the ECI includes the bulk excavation and stabilisation of the box cut, installation of portals, haul roads, site access roads, dams and associated civil infrastructure.

It is anticipated construction will start in the June quarter of 2019 should Fitzroy proceed with Golding.

Ironbark No 1 (formerly known as the Ellensfield coal asset) is an advanced project situated around 30 km northeast of Moranbah and 125 km southwest of Mackay.

Fitzroy is currently finalising the feasibility and approval processes to enable the construction of an underground longwall coking coal mine. The company, earlier this month, received the mining lease for the project.

Golding’s contract award follows the successful completion of the 12-month Broadlea mining project for Fitzroy, which was awarded to the contractor in September 2017 and completed in October 2018.