Barminco has extended its contract with Regis Resources by another 12 months, allowing the Perenti subsidiary to continue delivering underground mining services at the Duketon gold operation in Western Australia.
The underground mining contract, which has been extended to March 30 2028, is valued at approximately $180 million. It covers underground development, production, and support services at the Rosemont and Garden Well underground mines within Duketon.
Perenti managing director and chief executive officer Mark Norwell highlighted the strength of the company’s partnership with Regis.
“We strongly believe that collaborative and long-term client relationships create enduring value,” he said.
“The Barminco and Regis alliance agreement enables a framework for value creation and planning certainty for both parties.
“We are very pleased and appreciative to extend this agreement for another year and look forward to continuing to work with Regis.”
The initial $393 million contract was announced in April 2024 and had a three-year term with provisions for annual extensions on a rolling basis.
This latest extension reinforces the ongoing partnership between the companies and secures operational continuity for Regis at its key gold mines.
Perenti president of contract mining Gabrielle Iwanow discussed her recent visit to the Duketon sites and how the mines operate.
“Having recently visited both Garden Well and Rosemont to spend time with the team and see the quality of operations, I’m pleased that Regis and Barminco have agreed to extending the alliance for an additional year,” she said.
“Regis is one of Australia’s leading gold producers and we have developed a strong working relationship with them at their Duketon operations.
“Barminco was proudly founded in Western Australia, and we continue to work closely with our clients around the world and here at home to deliver certainty and value.”