Not just two years of revenue from Anglo’s Golden Delicious but...

Not just two years of revenue from Anglo’s Golden Delicious but the work is via a preferred supplier alliance with indigenous company, Carey Mining, that could prove very useful elsewhere?

Spoiler : 12/10/20 Aboriginal contractor Carey Mining inks deal with Anglo Gold...

Aboriginal contractor Carey Mining inks deal with AngloGold Ashanti for Sunrise Dam project near Laverton
Jason MennellKalgoorlie Miner
Mon, 12 October 2020 7:03AMComments
Jason Mennell


AngloGold Ashanti Australia Senior Vice President Mike Erickson and Carey Mining founder and managing director Daniel Tucker. Credit: Picture: Tony McDonough

One of the world’s biggest gold producers is toasting a landmark deal that will see an Aboriginal-owned mining contractor taking charge at one of its satellite pits at its Sunrise Dam project near Laverton.
South African-headquartered AngloGold Ashanti on Friday revealed it had awarded its first standalone mining contract with Carey Mining at its Golden Delicious open pit.
The 21/2-year deal builds on a 25-year partnership between the companies and leverages off existing synergies at Sunrise Dam.
It comes after Carey Mining was last year awarded a five-year haulage contract at Sunrise Dam for surface rehandling of underground ore and stockpiles, crusher feed and the rehandling of crushed ore from the fine-ore bin.
The Golden Delicious contract will employ about 80, adding to the 57 people employed by Carey Mining on the Sunrise Dam haulage contract.
Stripping of the new pit will start this quarter and about 18.5 million tonnes of material will be mined over the term of the contract, containing about 3Mt of ore, with the first ore expected to be mined in the second quarter of 2021.
The pit will be mined in two stages, with the ultimate pit depth reaching 155m and a span of about 420m in diameter.
Ore will be hauled via triple road trains to the Sunrise Dam processing plant for treatment, with low-grade ore and waste to be stockpiled on site at Golden Delicious.
Carey Mining was formed in 1995 with the support of AngloGold Ashanti and has been in operation at Sunrise Dam since 1996 when it became a joint venture participant in the open pit mining contract.
Carey Mining founder and managing director Daniel Tucker said the company’s working relationship with AngloGold was the longest for an Aboriginal business in Australia.
“What we did with AngloGold Ashanti in the beginning at Sunrise Dam was the first agreement of its kind in this country between Aboriginal people and the mining sector,” he said.
“More broadly, it established a new path of including Aboriginal people in business.
“We are looking forward to continuing our strong working relationship with AGAA and I am very excited about this new contract.”
AngloGold senior vice-president Australia Michael Erickson said he was delighted Carey won the contract in its own right, which would enable the company to develop the next generation of Aboriginal business leaders in the Goldfields region.
“This contract builds on an enduring and positive business partnership that reinforces the benefits of AngloGold Ashanti’s strategy to work wherever possible with local businesses,” he said.

And only yesterday the Pick wrote Pilbara Resources Group ‘contracting industry young guns’ had secured a significant contract giving them a 30% profit share with GWR in exchange for “pit to port” services at the Wiluna West Iron Project;

Spoiler : the Pick report 18/11/20

https://the-pick.com.au/contracting-industry-young-guns-secure-lucrative-pit-to-port-contract/
Contracting industry young guns secure lucrative pit to port contract

NOVEMBER 18, 2020 By Staff Writer

Western Australian mining contractor Pilbara Resource Group Pty Ltd (PRG) has secured a significant works contract with GWR Group Limited (GWR) for Stage 1 of its Wiluna West Iron Ore Project.

The Alliance Mining Contract will see PRG carry out development, mining, and transport for the C4 Iron Ore Deposit. This direct shipping deposit will produce a high grade, low impurity iron ore.

Under the deal, GWR will retain a 70 per cent share of direct profit and the rights for ore sales, strategy, and timing.

PRG’s 30 per cent profit share is expected to see its turnover increase significantly next year.

The GWR contract caps off another stellar 12 months for PRG during which it secured several new projects and large-scale contracts that saw its workforce increase by 35 per cent.

It’s taken just four years for the unashamedly young and aggressive PRG, founded by Scott Dryland and Scott Thompson, to become a real contender in the contract mining space.

Holding its own against the industry’s established players, PRG has weathered fierce market competition and tighter project budgets during WA’s mining downturn.

It also survived the spate of construction and civil contracting firms that went into voluntary administration, leaving it out of pocket.

Scott Dryland said resilience, adaptability, and a can-do commitment have been the hallmarks of PRG since day one.

“We are nimble, and we are not afraid to do things differently,” he said.

“It’s no coincidence that we hunt out the jobs that others shy away from.”
Mr Dryland said production at Wiluna West on track to commence before Christmas, with the first iron ore shipment scheduled for early 2021.

Also interesting re future projects is the sentence ;

... “DDB continues discussions with various parties regarding further projects which are currently within the tender pipeline.
The status of these discussions are at various stages and DDB will keep the market informed in accordance with its continuous disclosure obligations.”

How many drill rigs do they have spare I wonder?

cheers