The following media release is issued today by Thiess; our 50 per cent owned joint venture.
MACA is pleased to announce the extension of its open pit mining contract at the Gruyere gold mine, a joint venture (JV) between Gold Fields and Gold Road Resources. The project is located approximately 1,200 kilometres north-east of Perth in Western Australia’s north-eastern goldfields region.
Under the terms of the contract extension, MACA will continue to provide a comprehensive range of mining services, including load and haul, drill and blast, crushing and screening, as well as LV/HV maintenance. The extension is expected to generate approximately $850 million in revenue over the five-year term, utilising MACA’s existing fleet on site.
Thiess Group Executive Australia West and MACA CEO David Greig said, “We are excited to embark on this extended partnership with Gruyere JV, which is a testament to the hard work and dedication of our team, who have consistently delivered high-quality services to date. This contract extension further solidifies our long-standing partnership with Gruyere JV.”
Mr Greig also emphasised the importance of Gruyere JV’s sustainability journey and was proud to support their client in their efforts towards decarbonisation.
“MACA remains committed to providing innovative mining solutions that aligns with our clients evolving needs. We are excited to continue our collaboration with Gruyere JV in their ongoing sustainability initiatives,” he said.
As part of the contract extension, MACA will continue to work closely with the traditional owners of the land, Yilka, to ensure a collaborative approach to mining operations.
“We remain dedicated to fostering strong relationships with Indigenous communities and respecting cultural heritage. MACA looks forward to delivering outstanding results throughout the project’s lifespan and continue to be a trusted partner in the mining industry,” said Mr Greig.
Stuart Mathews, Executive Vice President for Gold Fields Australia and Duncan Gibbs, Managing Director & Chief Executive Officer Gold Road Resources extended their congratulations to the MACA team.
“Gold Fields Australia is pleased that a tier one business partner like MACA will continue supporting our Gruyere JV gold mine ensuring a continuity of service and the relationships we have built through all aspects of our businesses – not just at an operational level,” said Mr Mathews.
Mr Gibbs praised the MACA team for their active engagement in the contract tendering process with both of the Gruyere JV partners.
“Gold Road is pleased to continue the strong ongoing relationship with MACA, and welcomes the increased capabilities Thiess, as the new owner of MACA, can bring to Gruyere. This contract extension provides even greater confidence in the ongoing sustainability of production at Gruyere to the benefit of all stakeholders,” said Mr Gibbs.
Thiess Group Executive Chair and CEO Michael Wright said: “We’re very pleased to see MACA’s ongoing commitment to Gruyere JV being recognised through this contract extension. It highlights the continued trust and confidence placed in MACA’s mining expertise, and the demonstrated commitment to sustainability in mining and to working with traditional owners.”