Expanding Western Australia’s Gold Processing Capacity
The Australian resources sector has gained fresh momentum as Saunders International Limited (ASX:SND) announced a significant contract win. The $27 million agreement, awarded by Primero, marks Saunders’ continued involvement in enhancing operations at Kalgoorlie Consolidated Gold Mines (KCGM), one of Western Australia’s iconic mining sites.
This contract will see Saunders construct eight carbon-in-leach (CIL) tanks, interconnecting launders, and seven process tanks to increase throughput at Northern Star Resources’ Fimiston Processing Plant. The expansion aligns with the ongoing growth strategy in the region, addressing the rising demand for efficient gold processing.
CEO Highlights Strategic Growth
Mark Benson, Managing Director and Chief Executive Officer of Saunders International, sees this contract as more than just a financial gain.
“This latest project win further strengthens our footprint in Western Australia and the Resources and Industrial sector,” said Benson. “It reinforces our reputation for delivering integrated solutions across our diverse capabilities, underpinned by our proven ability to execute safely and collaboratively in complex mining environments.”
Benson emphasised that the contract highlights Saunders’ ability to build on past successes while maintaining strong partnerships in the mining sector. He noted that securing repeat business at the same site underlines the company’s consistent performance and reliability.
Building on Previous Success
This project follows Saunders’ $31.5 million contract secured in May 2024 with Northern Star Resources, also at KCGM. That earlier project is currently underway and is slated for completion by mid-2026. Securing this new contract further consolidates Saunders’ presence at Kalgoorlie, reinforcing its role in modernising critical mining infrastructure.
Positive Financial Outlook
The new project is scheduled to commence immediately and is expected to be completed by November 2025. With this timeline, Saunders anticipates the project will contribute to revenue and earnings in both FY25 and FY26, aligning with the company’s growth and profitability targets.
Strengthening Market Position
Saunders International continues to establish itself as a key player in the engineering and construction sector, specialising in industrial asset services. With expertise spanning bulk liquid storage, structural and mechanical piping, industrial automation, and civil infrastructure, the company is well-positioned to support major resource projects nationwide.
As Western Australia’s mining industry pushes forward with expansion projects, securing large contracts like this one reflects Saunders’ strategic vision to support industrial growth while maintaining a commitment to safety and quality in execution.
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