Perenti Limited’s joint venture subsidiary business, Underground Mining Services Burkina Faso SARL (UMS), has signed a new five-year contract for delivery of underground mining operations at the Siou and Wona areas of the Mana complex for SEMAFO Burkina
Faso S.A, a subsidiary of Endeavour Mining plc.
Mana is a high-grade gold mine complex containing the Siou and Wona underground operations and is in the prospective Houndé Greenstone Belt of Burkina Faso. African Underground Mining Services Burkina Faso SARL (AUMS) has been delivering underground mining and related support services at Mana since 2018.
The expanded operations will be conducted through UMS, a joint venture company with our Burkinabe partner, Dynamic Mining Supply SARL. UMS is owned 90% by Barminco Holdings Pty Ltd and 10% by Dynamic Mining Supply SARL
The contract comes with a value of circa-A$1.1 billion ($710 million), with the 60-month term starting on June 1, 2025.
The scope covers underground development, production and related mining services.
Mark Norwell, Managing Director & Chief Executive Officer of Perenti, said: “It is very pleasing and positive to announce the expansion of the Mana contract with Endeavour. This contract is consistent with our guidance for financial year 2025 and will contribute strongly in FY26 and beyond. Our team continually delivers exceptional value for our clients, and this is clearly demonstrated by this long-term contract for expanded operations at the Mana complex.”
Gabrielle Iwanow, President of Contract Mining at Perenti, added: “This contract, with expanded scope demonstrates the enduring nature of our relationship with Endeavour. We reiterate our commitment to delivering for our clients and creating enduring social and economic value in the communities in which we operate. We are proud to be working alongside our local JV partner Dynamic Mining Supply to take further steps to support development of local procurement, capability and employment in Burkina Faso. The success of these partnerships is built on trust, reliability and the outstanding capabilities of our team.”
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