Perenti, through its joint venture subsidiary Underground Mining Services Burkina Faso SARL, has secured a new five-year underground mining contract valued at A$1.1 billion (approx. US$730mn)
The contract covers expanded operations at the Siou and Wona deposits within the Mana gold mining complex, operated by SEMAFO Burkina Faso S.A., a subsidiary of Endeavour Mining plc.
Located in Burkina Faso’s highly prospective Houndé Greenstone Belt, the Mana complex includes high-grade underground operations that have been supported by African Underground Mining Services Burkina Faso SARL (AUMS) since 2018. The latest contract marks a significant expansion of Perenti’s existing scope and will be executed through Underground Mining Services (UMS), a joint venture between Perenti and local partner Dynamic Mining Supply SARL.
Under the new agreement, Perenti will provide a full suite of underground development, production, and mining support services. Operations are scheduled to commence on 1 June 2025, with capital requirements for FY25 already factored into Perenti’s guidance.
Commenting on the development, Perenti managing director and CEO, Mark Norwell, highlighted, “We are pleased to extend our long-standing relationship with Endeavour through this contract. It aligns with our strategic goals for FY25 and sets a solid foundation for growth into FY26 and beyond.”
Gabrielle Iwanow, president of contract mining at Perenti, added, “This contract underscores the strength of our partnership with Endeavour and reflects the value we continue to deliver. Working alongside our Burkinabe JV partner, Dynamic Mining Supply, we are committed to supporting local procurement, skills development, and job creation in Burkina Faso.”
Perenti wins Mana gold mining contract
Perenti and JV partner secure five-year underground mining deal with Endeavour Mining in Burkina Faso
