Barminco has officially been selected by Panoramic Resources as its preferred contractor for the Savannah project. The works will take place in the Kimberley region, Western Australia.
The agreement means Barminco will execute mine development, haulage and production over a period of three years. The contract is worth around $200 million and will see Barminco employ 170 people in the region, using predominantly new equipment to complete the works.
Paul Muller, underground chief executive officer, said Barminco and its parent company Perenti were thrilled to have been selected as the preferred contractor for Savannah.
“We look forward to working closely with Panoramic Resources in driving the development of the Savannah North orebody safely and efficiently as it ramps up to full production,” Muller said.
Perent managing director Mark Norwell added that the project demonstrates their “ability to capture organic growth opportunities whilst further embedding itself as a leader in underground mining,”
The Savannah is a nickel-copper-cobalt project 110 kilometres north of Halls Creek. Panoramic recommenced mining operations at Savannah in the late stages of 2018 after it was placed on care and maintenance two years prior.
The first shipment of concentrate from Savannah departed Wyndham Port in February last year.
Panoramic is developing a full production ramp-up in 2020 for the higher-grade Savannah North orebody.