BGC wins $114m Queensland contracts
BGC Contracting has won two Queensland mining contracts worth $114 million.
The company have been awarded a $97m contract at Incitec Pivot Limited’s Phosphate Hill site and a $17m contract with Resolute Mining’s Carpentaria Gold.
The five-year Phosphate Hill Mining contract, from October 2016, will see BGC Contracting providing mining services at the site to feed the onsite ammonium phosphate fertiliser manufacturing plant. The site is located 150km south of Mt Isa.
BGC Contracting CEO Greg Heylen said it was pleasing to re-engage and build upon a strong existing relationship with Incitec Pivot, having been a member of the Alliance (together with United Group Limited and Lend Lease Infrastructure Services Pty Ltd) to construct an ammonium nitrate plant in Moranbah, completed in 2012.
“In addition to a strong balance sheet to provide the required mining fleet, I believe our proven industry benchmark safety culture, performance and commitment to innovation proved to be an attractive formula for our client,” Mr Heylen said.
“We plan to introduce a number of innovations to the Phosphate Hill mining operations, including satellite guided excavations and new mining methodologies.”
The 15-month $17 million contract with Carpentaria Gold will support the restarting of open pit mining at Nolans East, kicking off next month an running until November next year.