Barminco secures new contracts at Rosemont and Odysseus
Barminco has been awarded a three-year underground mining services contract at the Rosemont Gold Project from Regis Resources Limited (ASX: RRL) worth approximately $113 million.
Rosemont has been a fully operational open pit gold mine since March 2013 and is one of three Regis projects in the Duketon deposit area, located 130 kilometres north of Laverton in the Goldfields region of Western Australia.
Regis recently approved expansion of the mine to an underground operation located directly below the current Rosemont open pit, with Barminco toperform development and production work at the underground deposit.
Barminco will commence mobilisation immediately and expects to employ approximately 100 staff at the project. Onsite works will commence in the first quarter of CY2019, including commencing portal development at the southern end of the Rosemont Main open pit.
Barminco Chief Executive Officer Paul Muller said: “We are delighted to have been selected at this new project and look forward to working with the Regis team as Rosemont expands into underground production.
“This project adds to Barminco’s extensive experience in the WA Goldfields, with current mining projects at Sunrise Dam and Agnew. We will draw on our deep capability across Barminco’speople, equipment, systems, processes, and expertise in underground mining to ensure we provide a safe and reliable service at Rosemont and look to build a strong, long-termrelationship with Regis.
”Regis Resources Managing Director, Jim Beyer, said: “The Company is very pleased to partner with a highly experienced and well regarded underground mining contractor in Barminco.”
“This is the next step in delivering the underground strategy that Regis has been pursuing at Duketon. We believe the development of the initial underground position at Rosemontprovides an excellent platform to grow the operation through exploration from an established underground footprint. Rosemont underground is a key component of our exciting strategy toincrease annual production and mine life at Duketon.”
Barminco has also recently been awarded a contract from Western Areas to perform decline rehabilitation and development works at the nickel miner’s new Odysseus mine.
Mobilisation on the 14-month contract has commenced.The contract builds on Barminco’s 14-years of continuous service for Western Areas at Forrestania, which incorporates the Spotted Quoll and Flying Fox mines where Barminco isthe mining services provider.