CIMIC Group Limited
(ASX:CIM) says its mining subsidiary Thiess has been awarded a $250 million contract to operate the QCoal Northern Hub mines in Queensland’s Bowen basin.
The three year contract is for mining services to operate the Sonoma and Drake Mines from the 1st January 2016 with the option to extend for an additional year.
The deal follows a $760 million contract for Thiess to continue operations at Glencore’s Mt Owen mine in the Hunter Valley earlier this month.
CIMIC Group reported a net profit of $258.2 million for the 2015 financial year.
