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Thiess

Oct 19, 2020
CIMIC sells off 50 per cent of mining business Thiess

CIMIC sells off 50 per cent of mining business Thiess

CIMIC Group has reached a deal to sell a 50 per cent stake in mining services arm Thiess to hedge fund Elliott Management. The deal will put up to $1.9 billion into CIMIC’s coffers and is based on an enterprise value of $4.3 billion for Thiess. Thiess delivers open cut and underground mining in Australia,… ...

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Oct 14, 2020
Thiess secures $110m Caval Ridge contract extension

Thiess secures $110m Caval Ridge contract extension

Thiess has won a $110 million contract extension to provide mining services at BMA’s Caval Ridge mine in the Bowen Basin.The 12-month extension will see Thiess continue to operate and maintain three 600-tonne excavator fleets to move additional overburden for the Caval Ridge Mine operation. “We’re proud to continue our work at Caval Ridge where… ...

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Jul 10, 2020
Thiess wins $2.5b Lake Vermont extension

Thiess wins $2.5b Lake Vermont extension

Jellinbah Group has awarded mining services provider Thiess a $2.5 billion contract extension at its Lake Vermont coal mine,  30km north-east of Dysart. The five-year contract continues Thiess’ full-service mining operations including mine planning, coal mining, topsoil and overburden removal, drill and blast, water management and rehabilitation of final landforms. This includes providing all...

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Sep 25, 2017
Thiess wins Jellinbah Plains mining contract extension

Thiess wins Jellinbah Plains mining contract extension

Thiess has been awarded a $189 million contract extension to continue to operate the Jellinbah Plains pit at the Jellinbah East Mine near Blackwater in central Queensland. The 30-month extension will result in Thiess, a CIMIC Group business, continuing to deliver mining services at the mine until September 2020. CIMIC Group chief executive officer Adolfo… ...

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