Perenti wins $200m contract extension from Gold Fields

758

Underground mining contractor Barminco, a subsidiary of Perenti Global Limited, has been awarded a contract extension at Gold Fields’ Agnew Gold Mine in Leinster, Western Australia.

Situated in the Eastern Goldfields region, Agnew Gold Mine produces over 250,000 ounces of gold per annum.

Barminco, which has been operating at Agnew since 2010, said the contract is valued at over $200 million and is for full underground mining services, driven by an increase in development and production physicals at the mine.

Perenti Managing Director and Chief Executive Officer Mark Norwell said the company was delighted to have extended its relationship with long-standing client, Gold Fields.

Adertisement

“Part of our 2025 group strategy is to organically grow this part of our business,” Mr Norwell said.

“The recent achievements of Barminco in this regard are a result of the strong relationships we share with our clients and the value we create for them through our world class underground mining capabilities.”

Perenti Mining Chief Executive Officer Paul Muller added: “We have been providing safe and efficient underground mining services at Agnew for more than 10 years and we are very pleased to be supporting Gold Fields with their increased development and production requirements.

“This extension will take our current term out to December 2023.”

Image credit: https://careers.goldfields.com.au/