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Thiess wins Indonesian contract extension

Publishing Date
18 Feb 2009 4:01pm GMT
Author
Mining Magazine

Processing  Loading & Hauling  Drilling & Blasting  


Mining contractor Thiess Indonesia has been awarded a US$1.52 billion contract extension by PT Arutmin Indonesia, a subsidiary of Bumi resources, for the operation of the Senakin and Satui coal mines in South Kalimantan, Indonesia.
 
Thiess began operating at Senakin in 1989 and at Satui in 1998, with both operations being moved to a single contract in 2000. The new contract is an extension to the existing life of mine and covers an additional seven year period. Thiess will continue its existing scope of work which includes mine planning, overburden removal, coal mining and transportation, plus operation of the coal processing plants and barge loading ports. Both operations will be ramped up over the coming months to increase production to 12Mt of coal and 120 million cubic meters of overburden per annum.
 
Thiess managing director David Saxelby said, “The renewal of the contract is testament to Thiess’ performance and commitment to Indonesia. The additional work provides a tremendous boost to our base workload for the future. The contract also further strengthens our relationships with Bumi Resources and reaffirms our competitive position in Indonesia.”


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