CIMIC Group’s Thiess secures an extension to its $1.3b contract with Coronado - Sequoia Direct Pty Ltd

12SepSeptember 12, 2019

CIMIC Group’s Thiess secures an extension to its $1.3b contract with Coronado

CIMIC Group’s (ASX:CIM) global mining services provider, Thiess, has been awarded a six-year $1.3 billion contract extension by Coronado Global Resources to provide mining services at the Curragh Mine in Queensland.

Under the extension, Thiess will continue to provide overburden removal and haulage, mining and run of mine rehandling services, equipment maintenance and pit dewatering.

Located in the metallurgical coal-rich Bowen Basin, Thiess has a long record of service at the Curragh Mine, having operated at the project since 2004.

CIMIC Group companies Sedgman and UGL provide various operations and maintenance contracts at the Curragh Mine.

Shares in CIMIC Group’s (ASX:CIM) closed 0.81 per cent lower at $32.04 yesterday.

Copyright 2019 – Finance News Network

Source: Finance News Network

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