NRW Holdings Limited (ASX:NWH) is pleased to advise that its wholly owned subsidiary Golding Contractors Pty Ltd (Golding) has added new work to its portfolio.
Golding has signed a Letter of Direction (LOD) with Coronado Curragh Pty Ltd (“Curragh”), a wholly owned subsidiary of Coronado Global Resources Inc. (“Coronado”, ASX: CRN).
The LOD increases mining plant at the Curragh Main Mine through the introduction of a 7th fleet for a 12-month period, commencing February 1, 2022; which is in addition to the current mining operations provided by Golding under the Mining Services Contract (“MSC”). As notified to the ASX on August 16, 2021, negotiations in respect of a Proposed Amended Contract are underway to extend the MSC to 31 December 2026.
Golding has also signed a contract with a member of the Fitzroy Australia Resources group of companies to re-establish open cut mining in the Broadlea pit for a period of six months. Work will commence in early November 2021.
Combined this work is valued at approximately $60 million, employs 130 people and will be performed using existing Golding assets and hired fleets.
