$57 million drilling contracts
Western Australian company continues to build a presence in east coast coal.
Tuesday 24 October 2017
Action Drill & Blast (ADB) continues to build a presence in the coal sector picking up two new contracts, and a contract extension in Central Queensland this week.
In total, ADB says it’s secured $57 million worth of drill and blast work in the coal sector, including at the Broadlea mine for Golding contractors (sister company), for McMahon at the Byerwen greenfield project near Glenden, as well as a contract extension at Collinsville mine for Glencore.
In NSW their contract has been extended at the Idemitsu owned Boggabri and Muswellbrook coal mines.
ADB General Manager Warren Fair said they are continuing to build a presence in coal.
“With the integration of Hughes Drilling into ADB, we have an industry-leading drill and blast contract service for the coal sector, and will continue to build on this by demonstrating the efficiencies and productivities that can be realised by integrating drill and blast services.”
ADB is owned by Western Australian mining contractor NRW Holdings who purchased Golding Contractors for $85 million in August this year.
In 2011, NRW paid well-known Emerald earthmover, Joe Comiskey, $84 million for machines that were put to work at Middlemount mine on a contract understood to be worth more than $100 million.