The Group is an ASX200 diversified global mining services group headquartered in Australia.
From our meagre beginning as a one-drill operation in Kalgoorlie, the Group has become one of the largest diversified global mining services companies.
The Group has built a portfolio of companies designed to provide a complete mining value chain throughout Australia, Africa and around the world.
Diversified mining services company Perenti Global Limited (ASX: PRN) is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has been awarded a 5-year underground mining services contract at the Zone 5 Mine in Botswana from Khoemacau Copper Mining (Pty) Limited (Khoemacau) worth approximately A$800 million.
Perenti Managing Director Mark Norwell said: “We are very pleased to have been awarded this significant contract in Botswana, a highly desirable country to do business in Africa. This contract award is further endorsement of our acquisition of Barminco and its strong contribution to our international growth strategy.”
Khoemacau’s Zone 5 operation is a new,
large and long-life mine development project located in the highly-prospective
Kalahari copper belt in Botswana. Barminco’s scope of services includes mine
development, establishment of underground mine infrastructure, diamond drilling
and mine production at an initial rate of 3.6 million tonnes per annum of
copper ore with multiple expansion opportunities.
Barminco will commence mining services in
December 2019. In awarding the contract, Cupric Canyon Capital and Khoemacau
Chief Executive Officer Johan Ferreira said: “We are delighted to partner with
Barminco at Zone 5 to create a safe, largescale, highly productive and fully
mechanised mine, delivering high quality employment and sustainable skills
development and employment outcomes for Botswana citizens.”
Barminco Chief Executive Officer Paul
Muller said: “In addition to excellent safety, quality and productivity
outcomes at Zone 5, success will also be measured by the creation of a highly
skilled local workforce through effective training, skills transfer and leading
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