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AUSTRALIA : OZ Minerals awards Thiess $1 billion mining contract
Publish Date : 09-Feb-2012
Thiess Pty Ltd has been awarded a six-year mining contract to extend mining operations at OZ Minerals\' Prominent Hill Copper and Gold Mine in South Australia.
With an expected cumulative value of $1 billion, the contract award ensures that Thiess will 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.
Thiess\' Managing Director Bruce Munro is very pleased with the outcome for both OZ Minerals and Thiess. \"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.
Executive General Manager of Thiess\' Australian Mining Michael Wright says the expansion requires Thiess to employ an additional 170 people over coming months with the total open pit mining workforce expected to peak at 550 people.
\"We have been very successful with our operations at Prominent Hill, with a strong focus placed on employing and training local people, and on ensuring we have a diverse workforce with a strong culture,\" Mr Wright said.
\"Of our people currently on site, some 90 per cent are based in South Australia, with 15 per cent from regional aboriginal communities.\" Mr Wright added that more than 15 per cent of Thiess\' Prominent Hill workforce are women, many of whom operate mining equipment.
The contract signing ceremony and subsequent celebration at Prominent Hill Mine were 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.
