CS Energy has extended its contract with Golding to operate the Kogan Creek Mine near Chinchilla in South West Queensland.
The Kogan Creek Mine employs 75 people and supplies approximately 2.5 million tonnes of coal per year to the neighbouring coal-fired Kogan Creek Power Station. CS Energy owns both the power station and mine.
CS Energy and Golding have agreed terms to extend the current contract to at least July 2019, with the potential for Golding to operate the mine until June 30, 2022.
CS Energy CEO Martin Moore said Golding has proven to be a reliable and efficient mine operator.
“Golding has been responsive to changes in both market and operating conditions to maintain a consistent supply of specified quality coal to Kogan Creek Power Station,” Mr Moore said.
Golding CEO Geoff Caton said the contract extension would enable Golding to continue its strong relationship with CS Energy.
“Kogan Creek Mine has been one of Golding’s pillar projects since 2006 when we first developed the Greenfield site on behalf of CS Energy,” Mr Caton said.