Barminco Lands AU$393 million Mining Deal at Duketon

Perenti Global's (ASX: PRN) subsidiary, Barminco, has secured a AU$393 million contract from Regis Resources for mining services at the Duketon Operations in Western Australia. The alliance-style agreement covers a three-year term with annual extensions, starting April 2024, and encompasses underground development, production, and support at the Rosemont and Garden Well mines.

This contract requires no new growth capital and underscores Barminco's continued partnership with Regis Resources, enhancing Perenti's Australian underground mining portfolio. Mark Norwell, Perenti's CEO, emphasized the strategic alignment and added value this partnership brings, while Gabrielle Iwanow highlighted the critical role of their team's dedication and innovation in securing the contract with one of Australia's leading gold producers.

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