https://www.miningweekly.com

Yancoal takes over Middlemount mining

21st February 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) - ASX-listed Yancoal would take over operations at the Middlemount coal joint venture (JV), after reaching an agreement with mining services provider NRW Holdings.

Yancoal said in a statement on Thursday that it would restructure the current mining services contract with NRW into a dry hire contract.

The company said that as both Yancoal and its JV partner Peabody Energy were coal mine operators, it was a logical step for the Middlemount JV to be owner-operated.

The transition would start on February 23 and was expected to be completed by mid-2013.

NRW said that all current waged personnel employed to work at the Middlemount mine would be transferred to the JV vehicle, while NRW staff would be invited to apply for roles with the JV.

The Middlemount operation had the capacity to produce some 3.8-million tons a year of saleable production from a reserve of 96-million tons and a resource base of 123-million tons.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.966s - 128pq - 2rq
Subscribe Now