
-
Perenti has announced that our underground mining business, Barminco, has signed a contract extension with IGO Ltd to continue mining at the Nova underground nickel mine in the Fraser Range, Western Australia.
Barminco’s involvement at the Nova mine commenced in early 2015 when it was a greenfield site. This contract extension is worth $157 million and runs for 29 months.
Mark Norwell, Managing Director & Chief Executive Officer of Perenti said “We are immensely proud that Barminco has been present since the beginning of the Nova operation. This contract extension is a testament to the strength of our relationship with IGO and underscores our commitment to collaborating with our clients to generate value together.”
Gabrielle Iwanow, President of Contract Mining at Perenti said “Barminco is excited to continue the delivery of the world-class critical minerals operation at Nova. The ongoing safe and reliable mine production showcases how a collaborative approach and willingness to explore innovative solutions can deliver positive outcomes, even amidst significant market challenges.”
Latest News
Diane Smith-Gander AO receives AICD WA Gold Medal Award
Perenti Chair Diane Smith-Gander AO has been recognised with the Australian Institute of Company Directors' (AICD) WA Gold Medal Award, the highest individual honour awarded by the AICD in Western Australia.
Margin growth and a balance sheet positioned to drive future growth
Perenti has announced its FY26 Annual Results delivering guidance for the fifth consecutive year. Consistent with prior years, the second half of the financial year delivered a strong full year result. Disciplined capital allocation remains central to our portfolio management strategy.
Perenti agrees to divest BTP Group for A$100m
Perenti is pleased to announce that it has entered into an agreement to divest its equipment rental and parts sales business, BTP, to Beetle Industries Pty Ltd an investment vehicle established by a private consortium led by Cratus Group.
