Tag Archives: Yaramoko

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

18th January 2024Mine operation news, Mining services, Precious metalsAgnew, AngloGold Ashanti, AUMS, Barminco, Gabrielle Iwanow, Gold Fields, Mark Norwell, Obuasi, Perenti, Roxgold, YaramokoDaniel Gleeson

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.”

Howden delivers mine cooling plant at Roxgold’s Yaramoko mine

3rd June 2021Environmental, Mine operation news, Mine ventilation, Mining services, Precious metalsBurkina Faso, cooling, cooling plant, cooling tower, gold, Howden, Mine ventilation, Roxgold, YaramokoDaniel Gleeson

Howden says it has successfully delivered the first phase of an 8 MW surface bulk air cooling plant for Roxgold’s Yaramoko gold mine in Burkina Faso.

The Yaramoko Mine Complex is in a remote region of Burkina Faso, 200 km southwest of Ouagadougou.

The cooling plant is designed to deliver a maximum of 190 cu.m/s of chilled downcast ventilation air, with the air cooled from a design ambient temperature of 25.8°C, down to 15°C.

The plant comprises an open-spray vertical bulk air cooler located on top of the shaft collar, centrifugal chillers and conventional cooling towers, Howden explained.

Plant design and construction were started at the beginning of 2020 during the early onset of the COVID-19 pandemic, and, despite a challenging environment, Howden successfully delivered the project’s first phase in May.

Howden said: “This latest project continues to positioning Howden as a process and system specialist to design, supply and install mine cooling systems. Howden has a technology-neutral approach whereby technology options are offered which best suits customer’s technical and commercial requirements.”

The Yaramoko Mine Complex, which consists of two underground operations, delivered production of 35,308 oz of gold in the March quarter, Roxgold reported in May.

Perenti’s AUMS wins two-year extension at Roxgold’s Yaramoko mine

10th September 2020Mine operation news, Mining services, Precious metalsAfrican Underground Mining Services, AUMS, Bagassi South, Barminco, Burkina Faso, gold, Mark Norwell, Paul Muller, Perenti, Roxgold, Yaramoko, Zone 55 PortalDaniel Gleeson

Perenti subsidiary, African Underground Mining Services (AUMS), has been awarded a contract extension at Roxgold’s Yaramoko mine in Burkina Faso.

The contract extension is valued at around A$200 million ($146 million) over two years, from December 2021 to December 2023. It follows on from the existing development and production scope currently being executed, taking the total contracted work-in-hand at Yaramoko to some A$350 million as at the end of August 2020, Perenti said.

AUMS is an operating business unit of Barminco and has been successfully operating at the mine since the development of the Zone 55 portal in 2015. The project, 200 km southwest of Ouagadougou, has now grown to include the Bagassi South mine.

In the June quarter, Yaramoko produced 32,812 oz of gold, according to Roxgold.

Barminco’s Chief Executive Officer, Paul Muller, said: “The high-grade Yaramoko complex is an important project for Roxgold, Barminco and the people of the Yaramoko community. We are very pleased to extend our contract with Roxgold to December 2023 and look forward to continuing to create enduring value and certainty for our client, employees, shareholders and the people of Yaramoko and Burkina Faso alike.”

Perenti Managing Director and Chief Executive Officer, Mark Norwell, said Barminco and AUMS, combined, are a global leader in hard rock underground mining, with this contract extension reinforcing this sector leading position.