Barminco secures $192m contract for Barrick’s Fourmile Project

Srivani Venna

Mon, June 22, 2026 astatine 3:28 AM CDT 2 min read

Barminco, the underground mining part of Perenti, has secured a declaration valued astatine A$275m ($192m) to present mining services astatine Barrick Mining's Fourmile Project successful Nevada, US.

The statement spans 45 months, with operations acceptable to commence successful July 2026.

The Fourmile site, owned wholly by Barrick, is situated adjacent to the Goldrush Project, wherever Barminco is already engaged with Nevada Gold Mines, a associated task betwixt Barrick, which holds a 61.5% stake, and Newmont, owning 38.5%.

Perenti managing manager and CEO Vanessa Torres said: "Securing the underground mining declaration astatine Fourmile is an breathtaking improvement for our North America team. We look guardant to expanding our narration with Barrick done this project.

"This supports our strategy to grow operations successful tier-one mining jurisdictions and continues our disciplined maturation into the North American marketplace with some Barminco and Swick."

Under the recently signed contract, Barminco volition initiate improvement of the duplicate Bullion Hill portals astatine the site. This volition beryllium portion of an extended 16km underground development, alongside crushed support, aboveground facilities and different mining services.

Perenti Contract Mining president Gabrielle Iwanow said: "The North American marketplace is the largest hard‑rock underground mining marketplace globally, and Fourmile represents different important measurement successful our maturation strategy.

"We look guardant to bringing Barminco's absorption connected safety, prime and productivity to Fourmile, and to supporting Barrick arsenic they beforehand this important project."

In May 2026, Barminco secured a four-year declaration from Bellevue Gold valued astatine A$850m to supply underground mining services for its task successful Western Australia. There is besides an enactment to widen the declaration for an other year.