Thiess, through our 60 per cent share in the Majwe Mining Joint Venture, has secured a new two-year contract with Debswana Diamond Company’s Jwaneng mine in Botswana.

The new contract, with revenue of approximately A$370 million, will result in partners Thiess Botswana, Basil Read Mining Botswana and Bothakga Burrow Botswana continuing mining operations at Jwaneng until the end of 2018.

CIMIC Group Chief Executive Officer Adolfo Valderas said: “This contract reflects Thiess’ ability to successfully partner with leading local contractors to deliver flexible and sustainable solutions for our clients.”

Thiess Managing Director Michael Wright said: “Our operational and technical teams have a strong track record at Jwaneng, which we’re pleased to continue through this contract. We’re proud to continue being part of the Jwaneng expansion operations, bringing a continued focus on mine engineering and asset management, and developing the skills and experience of our people in Botswana.”

The Majwe Mining JV has performed mining operations at Jwaneng since 2011, including mine planning, drill and blast, load and haul operations, and asset maintenance and management of client owned rope shovels, ultraclass trucks and associated ancillary fleet.

Jwaneng is the richest diamond mine in the world by value. Debswana Diamond Company is a partnership between the Government of the Republic of Botswana and the De Beers Group of Companies.