M Mining Inks Pact with Coal Augering Services
M Mining Pty Ltd has has executed an agreement with Coal Augering Services for the provision of coal auger mining services at the Mavis Downs and Millennium metallurgical coal mine, due to recommence operations in July 2021. CAS is a respected contractor with close to 20-years operational experience in providing turnkey high productivity contract auger mining services, enabling safe and economic access to coal reserves which are otherwise inaccessible. This will be the fourth time that CAS has augered at Mavis Downs and Millennium and this experience will help fast track M Mining’s production schedule.
The agreement with CAS will conclude once successful mining of all safe and economic mine areas has been completed.
Completion of the sale transaction is progressing, with settlement to occur in June 2021.