Theiss wins $1 billion mining contract
Theiss has announced it has won a six-year mining contract to extend mining operations at OZ Mineral’s Promionent Hill Copper and Hold Mine in South Australia.
The Contract will see Theiss undertake the mining operations for OZ Minerals until 2018. Thiess is well underway in the planning, training and implementation of the ramp-up which requires a substantial expansion of Thiess’ existing operation, peaking at five fleets of large mining equipment
Theiss Managing Director Bruce Munro congratulated both companies on the deal that will see an additional 170 jobs generated at the site.
“This contract is recognition of Thiess’ strong partnership with OZ Minerals, a relationship built since 2006 when Thiess undertook the construction of infrastructure and then the mining for the greenfield operation at Prominent Hill,” Mr Munro said.
The contract signing ceremony and subsequent celebration at Prominent Hill Mine weren attended by OZ Minerals’ CEO and Managing Director Terry Burgess who spoke of the great prospects ahead for both OZ Minerals and Thiess.
“We are very pleased to have come to an agreement with Thiess where both parties are completely aligned for the next six years on what needs to be delivered. Thiess has similar values to us, a real commitment to their people and safety, and a strong production focus to ensure our mutual outcomes are achieved,” Mr Burgess said.