Leading national mining and civil contractor NRW Holdings (ASX: NWH) has announced that its subsidiary Golding Contractors has signed a mining services agreement (MSA) with Stanmore SMC Pty Ltd for works to be carried out at the South Walker Creek mine in Central Queensland.
The MSA has a total value of about $1.6 billion over a five-year term, commencing in January 2026.
The scope of the MSA includes operating and maintaining eight fleets of heavy mining equipment to remove overburden and mine steel-making coal consistent with current contractual arrangements.
The Golding-owned assets employed consist of those assets purchased as part of the HSE South Walker Creek contract acquisition that completed in August 2024.
The MSA provides employment to about 650 people, mostly residing within the region.
Commenting on the contract award, NRW chief executive Jules Pemberton said:
“I am delighted to announce that NRW has been awarded this contract with Stanmore, allowing us to build on the successful relationship we have had with Stanmore over a long period. NRW’s drilling and blasting subsidiary ADB is currently working with Stanmore at South Walker Creek and Golding now renews its prior association.
“With the addition of the South Walker Creek MSA, NRW’s order book climbs to a record $7 billion. I look forward to a successful partnership with Stanmore.”