{"id":1327,"date":"2012-04-20T17:36:01","date_gmt":"2012-04-20T07:36:01","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=1327"},"modified":"2012-09-02T12:47:56","modified_gmt":"2012-09-02T02:47:56","slug":"meandu-operator-to-be-confirmed-in-june","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2012\/04\/20\/meandu-operator-to-be-confirmed-in-june\/","title":{"rendered":"Meandu Operator To Be Confirmed In June"},"content":{"rendered":"<p><strong>April 20, 2012<\/strong><\/p>\n<p>Stanwell is in the process negotiating a new long-term mining contract for Meandu Mine and expects to confirm the successful contractor in June.<\/p>\n<p>The current contract, with Thiess, expires in December this year.  <\/p>\n<p>The mine, which has been operated by Thiess since 2008, supplies up to 7 million tonnes of coal per year to Tarong and Tarong North power stations, with sufficient coal to fuel the stations until at least 2031. <\/p>\n<p>The original Thiess contract began in 2008 and was extended for another 12 months in December 2011. <\/p>\n<p>The new contract has a potential value of between $130 million and $160 million a year and could run for 10 years or more.<\/p>\n<p>Stanwell General Manager of Mining Operations Bob Rutten said a long-term mining operations agreement would give further certainty to the contractors, workforce and the community.<\/p>\n<p>&#8220;Stanwell&#8217;s three-year agreement with the current operator Thiess is nearing an end,&#8221; Mr Rutten said.<\/p>\n<p>&#8220;We are engaging with a number of companies who have a demonstrated capacity and capability to deliver on our requirements.<\/p>\n<p>&#8220;We are working through a short-listing process, with the aim of confirming the mining contractor by June 2012.<\/p>\n<p>&#8220;The expected life of the power stations and the mine lends itself to a longer-term mining operations agreement.<\/p>\n<p>&#8220;A longer-term agreement will also deliver significant benefits for the community, by having a secure and stable business operation and workforce which has flow on effects in terms of local employment and spending.&#8221;<\/p>\n<p>The new mining agreement would come into effect in January 2013.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stanwell is in the process negotiating a new long-term mining contract for Meandu Mine and expects to confirm the successful contractor in June.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[106,34,105],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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