MARKETS

Downer negotiates alliance with Solid

DOWNER EDI Mining could secure its first mining job in New Zealand if successful in negotiating a...

Staff Reporter
Downer negotiates alliance with Solid

Solid Energy announced yesterday it had chosen Downer to negotiate the arrangement following a request for proposals from a number of mining companies in early December last year.

Solid chief operating officer Barry Bragg said Downer EDI Mining had experience with a range of successful mining alliances.

“They have very strong skills and experience in the industry and, if we are able to reach an agreement, the alliance would allow us to continue the improvements we have begun at Stockton and ensure it can continue contributing to the local and national economy for many years,” he said.

According to Solid Energy, a single management approach would deliver improved performance in health and safety, coal quality management, cost reductions, productivity and the environmental impact of the mine.

Solid hopes to mobilise the plant and recruit staff in September and be operating the mine under the new arrangement from October.

Earlier this year Solid announced it would cut output at the mine by 20% from July 1. Yesterday the company announced a forecasted production of about 1.35 million tonnes in 2009-10, down from 1.8Mt in 2007-08.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production