Tag Archives: Gabrielle Iwanow

Barminco secures A$157m underground contract extension with IGO at Nova

Perenti has announced that its underground mining business, Barminco, has signed a contract extension with IGO Ltd to continue mining at the Nova underground nickel mine in the Fraser Range of Western Australia.

Barminco’s involvement at the Nova mine commenced in early 2015 when it was a greenfield site. This contract extension is worth A$157 million ($106 million) and runs for 29 months.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti, said: “We are immensely proud that Barminco has been present since the beginning of the Nova operation. This contract extension is a testament to the strength of our relationship with IGO and underscores our commitment to collaborating with our clients to generate value together.”

Gabrielle Iwanow, President of Contract Mining at Perenti, added: “Barminco is excited to continue the delivery of the world-class critical minerals operation at Nova. The ongoing safe and reliable mine production showcases how a collaborative approach and willingness to explore innovative solutions can deliver positive outcomes, even amidst significant market challenges.”

In Independence Group’s 2024 financial year, Nova achieved total production of 20,806 t of nickel, 9,922 t of copper, and 735 t of cobalt at a cash cost of A$3.99/lb Ni (payable).

Barminco secures underground contract extension with Barrick at Hemlo, Canada

Perenti’s underground mining business, Barminco, has signed a three-year contract with Barrick Gold Corporation to continue contract mining at the Hemlo gold mine in Canada.

Hemlo is 350 km east of Thunder Bay in Ontario, Canada, and has been in production since 1989. In 2019, Barrick transitioned the operation to a contract mining model from owner operator, and Barminco has been the main underground contractor since. The contract is initially for 36 months, but also includes two 12-month options to extend. If these options are exercised, Barminco will be operating at Hemlo until 2029.

Under the terms of the existing contract, Barrick owns the current fleet of underground equipment and will procure any additional fleet required for the mine. This significantly reduces the capital intensity of the project for Barminco, it says. The total contract value is worth more than A$200 million ($132 million) and involves underground mine development, production and mining support services.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti, said: “The continuation of our relationship with Barrick at the Hemlo gold mine for at least the next three years is another great example of how our Contract Mining team extends contracts over the life of a mine operation. The long-term nature of these relationships is built on a foundation of creating enduring value and certainty for our clients. This aligns our operational success with the goals of our clients and creates a collaborative working environment.

“The low capital intensity of this project is one of several capital light contracts we operate across the organisation, with our first capital light contract secured in 2018.”

Gabrielle Iwanow, President of Contract Mining at Perenti, added: “We are pleased to continue working with Barrick and demonstrating our leading underground capability in the North American market. Barrick is an important client for Barminco and we look forward to continuing to partner with them to deliver safe production at Hemlo.”

In Barrick Gold’s most recent June quarter results, it stated that Hemlo produced 37,000 oz of gold in the three-month period.

Barminco to drive underground exploration plan at Spartan’s Dalgaranga gold project

Perenti Limited says its Barminco business has been awarded a new development contract with Spartan Resources Ltd and extensions to four existing projects.

The scope of the Spartan Resources contract includes the construction of an underground exploration drill drive at the Dalgaranga gold project in the Murchison region of Western Australia. The drive has been designed to run in parallel and adjacent to the mineralised gold zones of Never Never, Pepper, Four Pillars and West Winds, to facilitate underground exploration and subsequently support future production plans.

Construction of the drive is due to start in the current quarter and is expected to take 10 months to complete. It will use a combination of existing capital equipment and an additional A$5 million ($3.3 million) of new growth capital.

The Dalgaranga project includes a fully-developed gold mining operation (currently on care and maintenance) and an extensive exploration landholding with outstanding opportunities for new discoveries, Spartan says. The open-pit mine was initially commissioned in 2018 and comprises a fully established gold mine, circa-2.5 Mt/y carbon-in-leach processing facility, modern camp accommodation and air strip. Dalgaranga produced 71,153 oz of gold for the 2022 financial year before being placed on care and maintenance in November 2022 to facilitate the implementation of a new strategic operating plan and a financial restructure. It was previously mined by NRW Holdings under an arrangement with mine owner Gascoyne Resources.

In February 2022, Spartan announced the details of a new 18-month exploration and strategic plan, underpinned by the Never Never gold deposit, targeting:

  • A -plus-300,000 oz reserve at a grade exceeding 4 g/t at Never Never;
  • A plus-600,000 oz resource at a grade exceeding 5 g/t at Never Never; and
  • The development of a five-year mine plan aimed at delivering 130-150,000 oz/y.

In addition to the Dalgaranga project, Perenti says extensions to contracts have also been signed for the following project:

  •  Siou and Wona underground at the Mana gold mine for Endeavour Mining plc in Burkina Faso;
  • An existing copper and gold underground mining project in Canada;
  • Spotted Quoll nickel mine for IGO Ltd in Australia;
  • Mt Colin copper mine for Aeris Resources Ltd in Australia.

In combination, these projects are expected to contribute approximately A$160 million of revenue to FY25. The project extensions do not require new growth capital, Perenti says.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti said “The greenfield underground at Dalgaranga project is an exciting opportunity. The resource has the potential to grow into a high-grade gold mine
and we look forward to supporting Spartan Resources to achieve their targets during the months ahead.

“In addition, the four contract extensions are another example of the 90%+-plus success rate the Contract Mining division has in extending and renewing contracts. Maintaining client relationships is critical to our long-term success, so we always strive to find ways to deliver value to our clients when possible.”

Gabrielle Iwanow, President of Contract Mining at Perenti, said: “We are pleased to be working with Spartan Resources on the new underground Dalgaranga gold project in Western Australia. Barminco has a long history of working with Western Australian gold producers and we look forward to building an excellent relationship with their team as they advance towards production.

Barminco extends service stay at MMG’s Khoemacau copper mine

Perenti’s underground mining business, Barminco, has finalised discussions regarding the existing five-year mining services contract for the Khoemacau copper mine in Botswana with Khoemacau Copper Mining Proprietary Limited, a subsidiary of MMG Limited, it says.

Barminco has been operating at Khoemacau since the mine commenced in 2019, initially winning the services contract when the mine was owned by Cuprous Capital Ltd.

Barminco is working to deliver on the current mine plan while MMG explores potential expansion opportunities at Khoemacau, Perenti says.

The remaining contract value is circa-A$240 million ($162 million) with the existing contract set to continue, on revised terms, until June 30, 2025. Barminco will continue to provide underground development, production and mining support services at the mine.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti said “We are pleased to continue working at Khoemacau. The expansion under consideration has the potential to supply increasing global demand for copper and we are proud to be working with MMG as they assess various future opportunities.”

Gabrielle Iwanow, President of Contract Mining at Perenti, said: “The continuation of this contract enables the Barminco team to continue working at Khoemacau under revised terms. The region surrounding the operations includes multiple resources beyond the current scope. Cumulatively, these resources have potential to support much higher production and maintain many years of mine life. We look forward to working with MMG to continue high quality operations at Khoemacau.”

Barminco extends stay at Regis Resources’ Duketon operations

Perenti Limited’s underground mining business, Barminco, has been awarded a new contract for the provision of mining services at Regis Resources Limited’s Duketon Operations (including Rosemont and Garden Well underground mines) in the Goldfields region of Western Australia.

The alliance style agreement comes with a contract value of A$393 million ($255 million) and is based on initial three-year term, commencing April 1, 2024.

As part of the pact, Barminco is due to carry out underground development, production and support services at the operations.

Regis recently opened the Balkau Decline at its Garden Well South underground mine, which is an underground extension of the Garden Well open-pit mine: a key production source at Regis’ Duketon gold project.

Rosemont, meanwhile, includes the Rosemont open pit and underground mine, as well as Baneygo open pit. The Rosemont and associated surface deposits are mined using conventional open-pit mining truck and shovel methods. The Rosemont underground produces approximately 600,000 t/y and is mined using mechanised open stoping.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti, said: “We’re very pleased to continue our partnership with Regis Resources at the Duketon Operations where Barminco has been providing value to our
client through both development and production works since February 2019. This award adds Australian based underground earnings to our portfolio, which is aligned with the ongoing delivery of our strategy.”

Gabrielle Iwanow, President of Contract Mining, said, “Our people are at the heart of our success and their dedication, innovative thinking and highly skilled efforts have again resulted in the award of a significant contract with the third largest Australian gold producer on the ASX, at a great mine that is located right here in Western Australia. We are proud to continue partnering with Regis Resources as we embark on this alliance style contract to further deliver on our purpose of creating enduring value and certainty.”

Perenti banks ~A$420M of contract works with Gold Fields, AngloGold and Roxgold

Perenti Limited’s underground mining businesses have been awarded contract extensions valued at circa-A$420 million ($276 million), in three separate projects across Australia and Africa, the company says.

The contract extensions include:

  • A 12-month, circa A$125 million contract extension to continue underground development and production works at the Gold Fields Agnew underground gold mine in Autsralia;
  • A 12-month, circa-A$180 million contract extension at AngloGold Ashanti plc’s Obuasi underground gold mine in Ghana; and
  • A two-year, circa-A$115 million contract extension of existing underground development and production works at the Roxgold Inc Yaramoko underground gold mine in Burkina Faso.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti said: “We pride ourselves on our enduring relationships, so we are especially pleased to be continuing our relationship with these long-term clients. Our Contract Mining division is now led by Gabrielle Iwanow and will continue to focus on safely delivering for our clients and on our strategic objectives. I look forward to providing an update on the business, including the excellent progress we have made on the integration of DDH1, as part of our 1H23 results which will be released to the market in February.”

Gabrielle Iwanow, President Contract Mining, said: “In my first few weeks at Perenti, I have been very impressed with the team’s technical capability and the operational performance that they deliver to our clients. I believe that it is these factors that underpin the strength and depth of our relationships.

“With these contract awards combined with those previously announced, namely circa-A$360 million related to the Sandfire Resources A4 project in Botswana and a further A$111 million related to three Australian surface and underground contract awards, the team has secured nearly A$900 million of revenue for the business. I am very proud to be leading and supporting the Contract Mining team as we collectively work towards delivering our 2025 strategic objectives.”

Gabrielle Iwanow to head up Perenti’s Contract Mining Division

Gabrielle Iwanow has been appointed President of Perenti’s Contract Mining Division, replacing Paul Muller, who will be taking up a new role within the Perenti Group Executive Committee, following a short period of study leave between January and May 2024.

Iwanow is, Perenti says, one of Australia’s leading mining executives with extensive experience working at senior operational and executive levels within the resources sector.

She was also named as one of the Top-100 Global Inspirational Women in Mining in 2020. Her career includes time in senior management positions at ASX 100 listed mining companies OZ Minerals and Rio Tinto, and most recently she was the Managing Director & Chief Executive Officer of Mincor Resources.

Mark Norwell, Perenti Managing Director & Chief Executive Officer, said: “A key strategic focus for the group is managing and developing our senior talent across the organisation, ensuring we have robust succession plans in place and continue building capability and capacity within our senior leader cohort, including within the Group Executive Committee.

“Gabrielle’s addition to our Group Executive Committee provides the business with additional depth in talent as we continue to build on our record finanicial year 2023 financial results, transformative acquisition of DDH1, ongoing execution of our 2025 strategy and development of our 2030 strategy.

“I would like to welcome Gabrielle to Perenti and thank Paul for his ongoing contribution to Perenti. This is an exciting time for the business as we continue to deliver on our purpose of creating enduring value and certainty for our clients, investors, our people and the communities in which we operate.”

Byrnecut, OZ Minerals and Sandvik achieve teleremote drilling first

Contract miner Byrnecut Australia has become the first underground operator in the world to successfully use a new automation and teleremote package for Sandvik development drills.

Byrnecut introduced a Sandvik DD422i development drill featuring the package to OZ Minerals’ Prominent Hill gold-copper mine, southeast of Coober Pedy, South Australia, in March.

With COVID-19 travel restrictions preventing Sandvik staff from attending site, Byrnecut, OZ Minerals and Sandvik experts collaborated via phone, teleconference and email to complete remote commissioning of the rig.

The two-boom rig, which can be monitored and controlled from the surface and features a sophisticated boom-collision-avoidance system, has now been in operation for three weeks, according to the companies.

Byrnecut Australia Managing Director, Pat Boniwell, says the new automation features allow for enhanced drill operation across shift changes – a period when, historically, development drilling has stopped or been significantly reduced.

“We’re conservatively looking at a 10% increase in productivity with this machine through being able to drill extra holes and the machine being used more consistently,” he said. “It picks up on the deadtime, and if it does stop for any reason we’re able to remotely reset it.”

The new boom collision avoidance system means both of the rig’s drill booms can be left in operation during shift change – something that was previously not possible. In the first few weeks of operation, the drill has been able to drill 60-70 holes while being operated autonomously and remotely from surface, the companies said.

General Manager of OZ Minerals Prominent Hill operations, Gabrielle Iwanow, says when Byrnecut approached her about trialling the upgraded development drill, she was immediately interested.

“OZ Minerals is a modern mining company,” she said. “We’re interested in innovation and looking for safer, faster, and more efficient ways of doing our work.”

Iwanow said the commissioning of the drill in such trying times is a true credit to all those involved and the positive working relationship between OZ Minerals, Byrnecut and Sandvik.

Byrnecut Drill Master, Noah Wilkinson, says a solid working relationship with Sandvik and good communication contributed to the success of the commissioning.

“People from the Sandvik factory in Finland were able to remote into the machine over the internet and adjust settings that were stopping some of the functions from working,” he explained.

Sandvik’s Global Account Manager for Byrnecut, Andrew Atkinson, paid credit to Byrnecut’s openness to adopting autonomous technologies in areas including development drilling, loader operation, production drilling and ore trucks, which are all engineered for compatibility with Sandvik’s AutoMine® and OptiMine® products.

In addition to the collision avoidance and teleremote capabilities of the DD422i, the new automation package allows for semi-autonomous bit changing.

Another handy feature of the setup during the current period of social distancing has been the virtual network computing capability that allows the control panel of the drill to be viewed remotely on a tablet. This means that during operator training, the instructor need not be in the cabin with the operator.