Waanyi Downer joint venture awarded Century Mine contract
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Media/ASX and NZX Release
29 May 2018
WAANYI DOWNER JOINT VENTURE AWARDED CENTURY MINE CONTRACT
Downer EDI Limited (Downer) announced today that, along with its joint venture partner Waanyi, it had been
awarded a life of mine contract by New Century Resources Limited (NCZ) to provide mining services for the
mining of East Fault Block and South Block Resources immediately adjacent to the Century Open Pit Mine in
Queensland.
The execution of the Mining Services Agreement with the Waanyi Downer Joint Venture (WDJV) forms part
of a unique compensation arrangement between New Century Resources and the Waanyi People. An
industry first, it provides a viable mechanism to properly recognise the significant value of Indigenous
Cultural Heritage, while also empowering Traditional Owner communities with mining developments
occurring within their traditional lands. The agreement allows for the potential development of the South
Block and East Fault Block Resources, should that proceed following the completion of the Expansion
Feasibility Study, due by the end of September 2018.
The scope of work to be carried out includes:
waste and ore removal and haulage;
equipment supply and maintenance;
drilling services; and
technical and mine management.
This mining services contract is in addition to the contract awarded in April 2018 to the Waanyi Downer joint
venture partners for the provision of training services to Aboriginal and Torres Strait Islander people and
communities to the Century Mine.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was pleased to be expanding its
relationship with New Century Resources at Century Mine.
“Today’s announcement is a demonstration of Downer’s extensive experience and mining services expertise.
Downer and Waanyi have already developed excellent working relationships with New Century Resources
and we look forward to working closely with them to achieve their long-term endeavours for economic
rehabilitation of the Century Mine.”
Waanyi PBC Chairman, Alec Doomadgee, commented on the signing of the agreements:
“This is an Australian first - an agreement which genuinely recognises the significant value of Indigenous
Peoples. This could only happen with our trusted JV partner in Downer, where we have a genuine
relationship built on enduring mutual respect. Our ability to engage in real economic development through
the Waanyi Downer JV will contribute significantly to a model of self-determination for the Waanyi People.”
New Century Resources Managing Director, Patrick Walta, said: “New Century looks forward to continuing
our collaboration and cooperation with the Waanyi People and working with the Waanyi Downer JV.”
The WDJV is Chaired by Mr Warren Mundine, former Head of the Prime Minister’s Indigenous Advisory
Council. Mr Mundine said: “The Waanyi people are central to this. The focus has always been, and must
remain that the operation is on Waanyi country and must benefit the Waanyi People. This is why this
arrangement has been so successful to date, and will continue to be, because of this focus. I’d like to think
this partnership is unique and a case study for other operations around the country.”
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
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About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. Downer employs approximately 56,000 people across more
than 300 sites, primarily in Australia and New Zealand, but also in the Asia-Pacific region, South America
and Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more information visit
downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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