Expansion in Asia regions
Thiess, through its 60 per cent share in the Majwe Mining Joint Venture, secures a new, two-year contract with Debswana Diamond Company’s Jwaneng mine in Botswana with revenue of approximately $370 million.
Mining services continue at the Teguh Sinar Abadi and Firman Ketaun Perkasa concessions, securing a contract extension Melak Coal Mine in East Kalimantan, Indonesia with additional revenue of $530 million.
In a joint venture with local contractor Khishig Arvin, Thiess secures the first underground decline project at the Rio Tinto-operated Oyu Tolgoi copper and gold project in Mongolia's southern Gobi desert. Work will include the construction of a box cut and development of twin declines.