Metals and Mining
Company Overview of Downer EDI Mining Pty Ltd.
Downer EDI Mining Pty Ltd. provides contract mining services. The company also provides civil engineering, blasting, resource estimation, mine management consulting, and tyre and rim management solution services. It operates in Australia, Canada, Chile, Bostwana, Brazil, Namibia, Papua New Guinea, and South Africa. The company is based in South Brisbane, Australia. Downer EDI Mining Pty Ltd. is a subsidiary of Downer EDI Ltd.
104 Melbourne Street
South Brisbane, QLD 4101
Key Executives for Downer EDI Mining Pty Ltd.
Co-Chief Executive Officer
Director and Chief Executive Officer of Downer EDI Mining
Compensation as of Fiscal Year 2014.
Downer EDI Mining Pty Ltd. Key Developments
Crocodile Gold Corp. Executes Three Contracts for Its Northern Territory Operations
Feb 3 14
Crocodile Gold Corp. announced that it has entered into three key contracts to support the Company's mining operations in the Northern Territory, Australia. Underground Mining Contract: Crocodile Goldhas awarded its underground mining services contract for the Cosmo Gold Mine to Downer EDI for a period of two years, with the option to extend for a third year. A thorough tender process was utilized to ensure a fair and transparent approach. Interested parties were evaluated on various non-price dependant variables such as personnel, capabilities and fleet management. Preferred parties were subsequently invited to site to gain a better understanding of the operation. Based on the fully priced tenders and the review of non-price variables the Company selected Downer EDI as the preferred contractor. Crocodile Gold expects a reduction in the cost of underground mining with this new contract, in addition to increased flexibility and scalability. Downer EDI will mobilize on site in March to take over mining operations and will work closely with management to ensure minimal impact to production levels. Diamond Drilling Contract: Crocodile Goldhas awarded its diamond drilling contract for the Cosmo Gold Mine to Boart Longyear for a two year term to support the underground drilling necessary for mine planning and resource definition. A similar tender process to the underground mining contract was used to identify a qualified list of interested parties who were then invited to provide fully priced tenders. By selecting Boart Longyear, the Company is pleased to have a leading provider of drilling services as a partner to achieve Crocodile Gold's drilling needs. With the improved productivity and contract rates, Crocodile Gold expects a reduction in drilling costs. Power Supply Contract: Crocodile Gold has also negotiated a new electrical power supply contract with the government controlled Power and Water Corporation. The new contract will cover a term of one year that will allow Crocodile Gold to benefit from lower rates compared to its existing contract. Crocodile Gold also continues to look at alternate power options as a way to reduce operational costs.
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