Perenti’s underground mining business, Barminco has been awarded a multi-million dollar development contract for Westgold Resources’ Great Fingall mine in Western Australia.
As part of the $200 million agreement, Barminco will provide mine development, production, and associated underground mining service at the project for the next three years.
Located in Cue, the Great Fingall is a high grade operation, which given its smaller size makes it ideal for contract mining according to Westgold managing director and chief executive officer Wayne Bramwell.
“After a competitive tender process, Barminco was selected as our partner for Great Fingall due to its stand-out safety processes, mining efficiency, and track record of delivery,” Bramwell said.
The partnership was also welcomed by Perenti managing director and chief executive officer Mark Norwell.
“We are excited to be partnering with Westgold on the Great Fingall project,” he said.
“This award highlights the depth and scale of Barminco’s mining and technical capability and supports the ongoing focus of growing our underground mining business in Australia and select regions internationally.
Norwell said the project would further increase Australian earnings for Perenti and support its ongoing focus on year-on-year sustainable cash generation.
“We look forward to delivering value for Westgold through our collaborative approach and focus on operational excellence.”
Perenti contract mining president Gabrielle Iwanow said the company proudly marked the beginning of a new relationship between Westgold and Barminco.
“Westgold’s decision is an endorsementof the strength of our technical capability and our commitment to safe and efficient operations,” Iwanow said.
Project mobilisation is expected to commence this month.
