Gold Fields Awards Barminco Development and Production Contract at Agnew
Barminco is pleased to announce that it has been awarded the development and production mining contract at Gold Field Limited’s Agnew gold mine in Western Australia. Barminco has been conducting mine development on site since May 2010. Barminco’s contract has now been extended to 2016 and expanded to include production mining, paste and mobile maintenance.
Barminco CEO, Peter Stokes, said: “The expansion and extension of our contract at Agnew further strengthens our long term partnership with Gold Fields. “It is a result of our ability to consistently meet productivity targets and bring efficiencies to site, and our commitment to safety best practice.” Gold Fields Australasia Executive Vice President Richard Weston said: “Now that mining at Agnew is focused on one underground ore body – the high-grade Kim South Lode – it is no longer efficient to pursue owner-operator mining. “Agnew has a strong future. We are pleased with the operation’s recent improvements in safety, costs and production. “Our move to contractor mining will further assist us in our goal to generate sustainable cash returns from our operations.”