Gold Fields awards A$500m Agnew contract extension to Perenti
Mining services group Perenti has announced a contract extension worth about A$500-million to continue providing underground services at JSE- and NYSE-listed Gold Fields’ Agnew gold mine in Western Australia.
The three-year agreement, awarded to Perenti’s Barminco unit, includes an option to extend for an additional 12 months, the Perth-based contractor said Monday.
The scope of work covers underground development, production and related mining services across multiple operations at the site near Leinster.
Barminco has been operating at Agnew since 2010 and currently employs more than 300 people at the site.
“We are very pleased to be extending our relationship with Gold Fields at the Agnew gold mine,” Perenti MD and CEO Mark Norwell said in a statement.
“Gold Fields is one of our most longstanding and valued clients, with history of more than 30 years working alongside the various Perenti businesses.”
Norwell added that long-term contracts with “high-calibre clients” supported “reliable earnings” and provided value to shareholders.
The contract value has been included in Perenti’s 2025 financial year capital guidance.
“Barminco has successfully ramped up development and production at Agnew in recent years,” said Gabrielle Iwanow, president of contract mining at Perenti. “We very much value the relationship with Gold Fields and we look forward to continuing to deliver safe and productive underground services through our highly capable team in Australia.”
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