August 20, 2014 11:36 PM ET

Energy Equipment and Services

Company Overview of Downer EDI Mining Pty Ltd.

Company Overview

Downer EDI Mining Pty Ltd. provides mining and mine development services for coal and metalliferous mining clients in the Asia Pacific and internationally. It offers civil earthmoving and contract mining, open-cut and underground mine planning, operation and rehabilitation, exploration drilling, crushing, tyre management, and blasting services. The company also manufactures and supplies explosives, as well as designs and supplies electrostatic, gravity, and magnetic separation equipment. In addition, it offers engineering, construction, and resource services; and mine closure and rehabilitation, maintenance, consulting, on-site management, and training services. Further, it manufactures and ...

104 Melbourne Street

South Brisbane, QLD 4102

Australia

Founded in 1921

Phone:

61 7 3026 6666

Fax:

61 7 3026 6060

Key Executives for Downer EDI Mining Pty Ltd.

Co-Chief Executive Officer
Age: 60
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

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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