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July 28, 2015 5:54 AM ET

Metals and Mining

Company Overview of Thiess Pty Ltd.

Company Overview

Thiess Pty Ltd operates as a contract miner worldwide. It mines a range of commodities, such as thermal and metallurgical coal, copper, lignite, iron ore, nickel, gold, and diamonds. The company also provides mining services, such as mine planning, fixed and mobile plant operation and maintenance, and drill and blast services; and continuous mining, and in-pit crushing and conveying systems. It operates across 24 mines in 6 countries, including Australia, Indonesia, New Zealand, the Philippines, Mongolia, and Botswana. The company also undertakes a range of constriction projects, including transport infrastructure projects; structural, mechanical, electrical, and piping projects for the ener...

179 Grey Street

Level 5

South Bank, QLD 4101

Australia

Founded in 1934

10,903 Employees

Phone:

61 7 3002 9000

Key Executives for Thiess Pty Ltd.

Managing Director and Director
Age: 62
Chief Financial Officer and Director
Age: 37
President Director of Thiess Indonesia
Chief Executive of India
Age: 52
Managing Director
Compensation as of Fiscal Year 2015.

Thiess Pty Ltd. Key Developments

Thiess Wins $137 Million Contract from Encuentro Oxides Open Pit Copper Mine in Chile

CIMIC Group's global mining company, Thiess, has been awarded its first project in the Americas, signing a $137 million services agreement for the Encuentro Oxides open pit copper mine in Chile. Thiess will commence prestrip operations at the site, located in the Antofagasta Region of Chile, on 1 July 2015. The four year project will be delivered in partnership with Emeco. The copper mine and nearby processing facility is owned by Antofagasta Minerals. Encuentro Oxides will produce an estimated average of 50,000 tonnes of copper cathode per year.

Thiess Wins $250 Million Jellinbah Plains Contract

Leighton Holdings Ltd. announced that its global mining contractor, Thiess, has been awarded a new $250 million contract by Jellinbah Resources to operate the Jellinbah Plains open pit, part of the Jellinbah East coalmine near Blackwater in central Queensland. The 39-month contract, commencing January 1, 2015, follows the completion of the existing contract with Leighton Contractors.

Coalspur Mines Limited Selects Thiess Pty Ltd as Preferred Mining Contractor

Coalspur Mines Limited announced that it has selected Thiess Pty Ltd. as its preferred mining contractor for Vista and secured an additional USD 10 million funding through a further drawing under its existing senior secured debt facility with EIG Global Energy Partners. The USD 10 million working capital will be used to progress the Vista project and enable Coalspur to initiate a strategic review process whereby Coalspur will consider a range of alternatives available to the company, with a view to enhancing shareholder value.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 17, 2014
50% Stake in Thiess Services and 50% Stake in Leighton Contractors Services
 

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