Perenti Limited’s underground mining business, Barminco, has been awarded a new contract for the provision of mining services at Regis Resources Limited’s Duketon Operations (including Rosemont and Garden Well underground mines) in the Goldfields region of Western Australia.
The alliance style agreement comes with a contract value of A$393 million ($255 million) and is based on initial three-year term, commencing April 1, 2024.
As part of the pact, Barminco is due to carry out underground development, production and support services at the operations.
Regis recently opened the Balkau Decline at its Garden Well South underground mine, which is an underground extension of the Garden Well open-pit mine: a key production source at Regis’ Duketon gold project.
Rosemont, meanwhile, includes the Rosemont open pit and underground mine, as well as Baneygo open pit. The Rosemont and associated surface deposits are mined using conventional open-pit mining truck and shovel methods. The Rosemont underground produces approximately 600,000 t/y and is mined using mechanised open stoping.
Mark Norwell, Managing Director & Chief Executive Officer of Perenti, said: “We’re very pleased to continue our partnership with Regis Resources at the Duketon Operations where Barminco has been providing value to our
client through both development and production works since February 2019. This award adds Australian based underground earnings to our portfolio, which is aligned with the ongoing delivery of our strategy.”
Gabrielle Iwanow, President of Contract Mining, said, “Our people are at the heart of our success and their dedication, innovative thinking and highly skilled efforts have again resulted in the award of a significant contract with the third largest Australian gold producer on the ASX, at a great mine that is located right here in Western Australia. We are proud to continue partnering with Regis Resources as we embark on this alliance style contract to further deliver on our purpose of creating enduring value and certainty.”
