Barminco se­cures Sun­rise Dam ex­ten­sion

The Australian Mining Review - - NEWS: THE CONTRACTORS - AMY BLOM

ANGLOGOLD Ashanti Aus­tralia has awarded Barminco a five-year Sun­rise Dam con­tract ex­ten­sion, worth $700 mil­lion.

Barminco has part­nered with An­glo Gold at the Sun­rise Dam gold mine, 55km south of Laver­ton in WA, since the com­mence­ment of un­der­ground op­er­a­tions in 2003 when the first por­tal was cut.

Plans were now in place to in­crease an­nual pro­duc­tion well beyond the cur­rent rate of about 3 mil­lion tonnes per an­num.

Barminco chief ex­ec­u­tive Paul Muller said Barminco had worked hard to fully op­ti­mise pro­duc­tiv­ity and ef­fi­ciency, and de­liver in­dus­try-lead­ing safety and op­er­a­tional per­for­mance at Sun­rise Dam.

“This con­tract ex­ten­sion speaks vol­umes about our com­mit­ment to An­glo Gold, the re­la­tion­ship we have built with them and the re­sults that have been de­liv­ered at Sun­rise Dam over the past 15 years,” Mr Muller said.

“We are very pleased to ex­tend our re­la­tion­ship and con­tinue work to achieve our shared vi­sion with An­glo Gold to fur­ther in­crease an­nual pro­duc­tion us­ing our lat­est equip­ment and cut­ting-edge tech­nolo­gies.”

An­glo Gold Ashanti Aus­tralia se­nior vice pres­i­dent Michael Erick­son said a cul­ture of op­er­a­tional ex­cel­lence had driven the min­ing strat­egy at Sun­rise Dam, where the com­pany had tar­geted world-lead­ing pro­duc­tiv­ity to de­liver a long-life op­er­a­tion with con­sis­tent cash re­turns.

“This con­tract ex­ten­sion demon­strates the com­mit­ment and strong work­ing re­la­tion­ship that An­glo Gold Ashanti and Barminco have built over many years of min­ing chal­lenges while con­tin­u­ing to sig­nif­i­cantly im­prove safety and pro­duc­tiv­ity.”

In Au­gust, Barminco ended un­cer­tain­ties about its own­er­ship fu­ture when it an­nounced a merger with Aus­drill, cre­at­ing Aus­tralia’s sec­ond largest min­ing services com­pany after CIMIC.

Aus­drill and Barminco are al­ready joint ven­ture part­ners in African Un­der­ground Min­ing Services.

As at 18 Septem­ber, shares in An­glo Ashanti were $2.35.

Im­age:TonyMcDonough,An­gloGoldAshan­tiAus­tralia.

Barminco has part­nered with AngloGold at the Sun­rise Dam gold mine since 2003.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.