ASX:PRNMetals and Mining
Why Perenti (ASX:PRN) Is Up 6.9% After Landing A$850m Bellevue Underground Contract
In recent weeks, Perenti’s underground mining subsidiary Barminco secured an approximately A$850 million, four‑year underground mining services contract at the Bellevue Gold Project in Western Australia, commencing in August 2026 with an option for a further 12 months.
This long‑dated contract enhances Perenti’s medium‑term revenue visibility and will be an early execution test for incoming CEO and Managing Director Dr. Vanessa Torres.
We’ll now examine how this large Bellevue contract, and...