Under the contract, Macmahon will undertake all mining activities for stage 1 of the project, including planning, mine development, waste stripping, coal mining, coal preparation and train loading. Cameby Downs is located 17km north east of Miles, which is approximately 360km west of Brisbane.
Nick Bowen, CEO of Macmahon, said: “This award not only builds on our expertise in coal mining, it is also the first contract where we will operate and maintain the coal handling and preparation plant. This contract win allows us to further develop our expertise in this area and provide customers with a full suite of services.”
Darian Hielscher, CEO of Syntech Resources, said: “Syntech Resources is excited that a major milestone in the development of Cameby Downs has now been reached and that we have a world class contractor in Macmahon to develop and operate this site.”
Production is expected to commence in July 2010 with the first coal train load expected in October 2010. At full production in stage 1, the mine will produce approximately 1.4 million tonnes each year of high quality thermal coal for export via port of Brisbane. Stage 2 production is targeted at shipping in excess of 10 million tonnes via port of Gladstone.
