Barminco at Dawn Dam. Picture: Perenti.
Mining companies firm Perenti Restricted (ASX:PRN) introduced Monday that its underground mining enterprise, Barminco, has been awarded a three-year extension of its contract at AngloGold Ashanti plc’s (NYSE: AU) Dawn Dam underground gold mine within the Goldfields of Western Australia.
The underground growth and mining companies contract extension is valued at A$450 million ($299.5m) for a 3 12 months time period ranging from October 1 2024. No new progress capital expenditure is required, the corporate stated.