UNDERGROUND

Jacobs wins Cadia material handling contract

Jacobs has won contract to provide underground materials handling services for Newcrest Mining

Cadia Valley is one of Australia's largest gold mining operations

Cadia Valley is one of Australia's largest gold mining operations

Cadia Valley is one of Australia's largest gold mining operations, and this contract is part of the Cadia expansion feasibility study.

Jacobs stated that the contract award builds on its mining and minerals business and long history of working with Newcrest across the company's Cadia Valley operations.

Andrew Berryman, mining, minerals and technology senior vice president at Jacobs, said: "During the previous study phase, our mining and minerals experts helped identify a low capital intensity solution as part of an integrated team. By embracing an owners' mindset and applying our experience in underground mining, materials handling and expansion projects, our integrated approach has the potential to deliver an impressive return on capital for Newcrest."

Newcrest owns and operates a portfolio of predominantly low cost, long life mines and a strong pipeline of brownfield and greenfield exploration projects, including operating mines in Australia, Papua New Guinea (PNG) and Indonesia. Jacobs has been supporting brownfield and greenfield projects across Newcrest's mining sites for more than 20 years.

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