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PIMS Group subsidiary PIMS Mining is pleased to announce that it has been awarded Preferred Contractor status and received a Letter of Intent from Malabar Resources subsidiary Maxwell Ventures (Management) Pty Ltd (”Maxwell”) to provide services for the Maxwell Underground Bord and Pillar Operation.

Malabar Resources award Preferred Contractor status and Letter of Intent to PIMS Mining for the Maxwell Underground Bord and Pillar Operation.

Construction of the mine entry portals for the Whynot Seam Bord and Pillar operation is underway with the current project timeline requiring labour onsite in January 2023 with a ramp up throughout the remainder of Q1 2023.

The scope of the contract includes underground mining, employing the Place Change system and targeting Run of Mine Production rates in the order of 0.9 – 1.0 million tonnes per annum. During operation, PIMS Mining will work closely with the Maxwell leadership team to manage all aspects of the operations in the Whynot Seam including planning, production of coal, maintenance and operation of all production equipment, conveyors, infrastructure, and general mine construction, as well as ancillary activities.

The scope of services requires up to 100 mine operating jobs and 130 direct, full-time employment opportunities and PIMS Mining are pleased to support Malabar Resources and the Maxwell team in delivering employment opportunities and economic activity to the Upper Hunter Region.

PIMS Group Managing Director Richard Mills said “PIMS Mining has extensive experience in underground coal mining, especially in safe, high productivity Bord and Pillar operations across Queensland and New South Wales and are excited to bring this experience to the Maxwell operation. We are particularly pleased to be playing a part in bringing employment opportunities to the Upper Hunter Region. We believe in the long term fundamentals of coal and are confident in the collaborative approach both PIMS Mining and Malabar Resources have taken in building a strong foundation for the success of the Maxwell Underground Bord and Pillar Operation.”

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