Tag Archives: Kogan Creek

Golding Contractors extends stay at CS Energy-owned Kogan Creek mine

Coal technology, Mine operation news, Mining services, , , , ,

NRW Holdings wholly owned subsidiary, Golding Contractors Pty Ltd, has signed a four-year extension to the existing Contract Mining Agreement (CMA) it has in place with Aberdare Collieries Pty Ltd, a subsidiary of CS Energy Pty Ltd.

Under the terms of the CMA the term is extended until June 30, 2030, with an option for CS Energy to extend the contract up to a further two years.

The value of the four-year extension including mine plan scope changes is approximately A$245 million ($162 million).

Golding will supply all major equipment under the CMA with the extension requiring new capital spend of approximately A$10M in its 2025 financial year. It will also continue to employ up to 100 people at the project, most of which live in the local Chinchilla or broader southeast Queensland regions.

Aberdare Collieries owns the Kogan Creek open-cut mine in the Surat Basin of southern Queensland. The mine supplies their adjacent Kogan Creek Power Station with approximately 2.5 Mt/y of coal.

Golding undertook civil works for the initial construction of the mine before becoming the mine operator in 2006.

Golding wins four-year extension at Kogan Creek coal mine

Coal technology, Mine operation news, Mining equipment, Mining services, , , , , , ,

Golding Contractors Pty Ltd has signed a contract with Aberdare Collieries Pty Ltd, a subsidiary of CS Energy Pty Ltd (CS Energy), to extend the current Contract Mining Agreement (CMA) at the Kogan Creek Mine in Queensland, Australia, to beyond June 30, 2022.

Under the terms of the CMA, the term is extended four years until 30 June 2026, with an option for CS Energy to extend the contract for up to another four years, the NRW Holdings subsidiary said. The contract value for the initial four-year extension is around A$150 million ($110 million).

The contract extension represents the third mining contract term and life-of-mine to date for Golding and CS Energy at Kogan Creek, with Golding performing the civil works in 2006 before mining commenced in 2007.

Kogan Creek is an open-cut mine located in the Surat Basin of southern Queensland. The mine supplies the adjacent Kogan Creek Power Station with approximately 2.5 Mt/y of coal. Golding undertook civil works for the initial construction of the mine before becoming the mine operator in 2006.

Under this new arrangement all major plant and equipment will be supplied by Golding requiring a total new capital spend of circa-A$11 million in the first year. All the remaining fleet required is currently operating on site and is Golding owned.

Golding will continue to employ some 70 people at the mine, most of which live in the local Chinchilla or broader southeast Queensland regions. The scope of work includes: mine design and planning, drilling and blasting, overburden and parting removal as well as selective coal mining from over 30 different plies to ensure coal meets strict specifications.

NRW CEO & Managing Director, Jules Pemberton, said: “This extended agreement is the longest continuous contract in Golding’s proud history. Golding has now successfully negotiated four contract extensions with four different clients in the last six months demonstrating the business’ goal to work with our clients to deliver sustained value.”