![\"koolnob\"](\"http:\/\/www.bnmme.com.au\/wp-content\/uploads\/2016\/01\/koolnob.gif\")
BGC Contracting has won a five year contract extension with Cliffs Natural Resources.<\/p>\nBGC Contracting has won a five year contract extension with Cliffs Natural Resources.<\/p>\n
The $520 million contract will see BGC Contracting extend their operations at the Koolyanobbing iron ore project past the original end date of 2017 to 2022.<\/p>\n
It has been on site since 2004, initially providing off-road haulage, which was expanded to include mining operations in 2007.<\/p>\n
Under the contract BGC will continue to provide mining services, in including drilling, blasting, loading, haulage, dumping, crushing, screening, and train load-outs.<\/p>\n
Greg Heylen, BGC Contracting\u2019s CEO, explained the extension came on the back of the contractor\u2019s \u201cability to meet Cliffs\u2019 safety and production targets during a challenging period for iron ore producers\u201d.<\/p>\n
\u201cThis has been a tough period as the iron ore price has fallen, and I believe that by maintaining strong relationships with Cliffs at all levels of our organisation, we have helped them succeed at Koolyanobbing in what has been a difficult market for all iron ore miners,\u201d Heylen said.<\/p>\n
The project is located in WA\u2019s Yilgarn region, 400 kilometres north east of Perth.<\/p>\n","protected":false},"excerpt":{"rendered":"