Thiess Secures Encuentro Copper Contract Extension

CIMIC (ASX:CIM)-owned Thiess has been awarded a A$420 million contract extension by Antofagasta’s (LSE:ANTO) Antofagasta Minerals to continue operations at the Encuentro open pit located in northern Chile.

According to the release, under the four-year contract extension, Thiess will continue to provide mining services with a scope of works comprising of drilling, load and haul, mobile equipment maintenance and mine services.

CIMIC group CEO, Michael Wright said:

“It’s great to see Thiess continuing their work at the Encuentro project and building on the strong relationship they’ve established with AMSA over the past three years. This contract reinforces the team’s engagement with and understanding of the client to ensure they are delivering the best solutions possible.”

Click here to read the full Thiess press release.