Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to contribute revenue of about A$185-million.
The ASX-listed company’s underground mining business Barminco has started mobilisation at Focus Minerals' Bonnie Vale gold project, in Western Australia.
In addition, Ranger Drilling, a business in the company’s Drilling Services division, has been awarded a five-year contract with Roy Hill Iron Ore, with an option to extend for a further three years.
Ranger Drilling has been on site since 2015. To complement the Ranger Drilling contract, DDH1 Drilling and Strike Drilling have each been awarded contracts for Rox Resources' to, respectively, conduct diamond drilling and reverse circulation drilling programmes.
These combined programmes have started and are expected to be completed by May 2025.
“I’m proud to see the ongoing effort from the team being rewarded with both new and extended contracts. These contracts reflect Perenti’s diverse range of services across the mining value chain. We pride ourselves on working with our clients to find solutions that deliver value and certainty over the long term,” says Perenti MD and CEO Mark Norwell. 