Perenti secures A$200 million Agnew underground mining contract extension

Perenti is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has been awarded a contract extension at Gold Fields’ Agnew Gold Mine in Leinster, Western Australia. The extension is valued at over A$200 million and is for full underground mining services, driven by an increase in development and production physicals at the mine. Barminco has been successfully operating at Agnew since 2010.

Perenti Managing Director and Chief Executive Officer Mark Norwell said: “We are delighted to be extending our relationship with our long-standing client, Gold Fields.

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