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Perenti is pleased to announce our surface mining business in Africa, African Mining Services (AMS), has been awarded the contract for open pit mining services at the Sandfire Resources A4 open pit within the larger Motheo Copper Mine in Ghanzi, Botswana. The contract is valued at US$235 million (~A$360 million) over a term of 73 […]
Perenti has delivered record FY23 financial results, headlined by record revenue and record underlying earnings. The sustained improvement in financial and operational performance has placed Perenti in a strong financial position, which enabled the announcement in June 2023 of the value accretive acquisition of Australian-based drilling business DDH1, with final completion expected in October 2023. […]
Perenti has announced that it has entered into an agreement under which it will acquire 100% of the issued share capital of DDH1 Limited subject to satisfaction of conditions. DDH1 brings significant capability across a range of specialised surface and underground drilling services that complement Perenti’s existing service offering. Perenti will benefit from increased scale, […]
Perenti and ABB, in collaboration, have been awarded an inaugural contract by IGO Ltd to undertake a study for the full underground electrification of IGO’s Cosmos Nickel Project. The electrification study is a significant step in IGO’s commitment to continuously improving its sustainability performance by trialling new technologies and decarbonising its operations, helping to create […]
Perenti has provided an update on progress against our 2025 Strategy including a positive business update, the release of sustainability imperatives and priorities, an update to our 2025 targets and an updated Capital Management Policy. Positive Business Outlook As announced 21 February 2023, Perenti expected FY23 revenue of $2.8 billion to $2.9 billion, EBIT(A) of […]
Perenti is pleased to announce that through its UMA joint venture, its subsidiary African Underground Mining Services (AUMS) has been awarded a new, 60-month contract at the Newmont Subika underground gold mine in Ghana. The contract is effective from 1 January 2023. UMA is a joint venture between Perenti’s subsidiary, AUMS and Rocksure International, a […]
Perenti subsidiary Barminco has been awarded a 12-month contract extension at Newcrest Mining’s Red Chris mine in British Columbia, Canada. Since June 2021, Barminco has continued to progress the development of an underground exploration decline, an essential first stage of works that will provide a platform for future underground exploration activities, and which may also […]
Perenti is pleased to announce that our subsidiary Barminco, has been awarded a nine-month contract extension at the Flying Fox mine which is owned and operated by IGO Limited. The contract extension is effective from 1 January 2023 and has a value of approximately $30 million over the nine-month term. IGO’s 100% owned Forrestania Operation […]
In celebration of International Women’s Day 2023 and the focus on #embracingequity, we are pleased to announce Perenti has signed up to the 40:40 Vision, and in doing so, we have committed to achieve gender balance in our Board and executive leadership by 2030. Perenti’s commitment to 40:40 is a pledge to have Board and […]
Perenti has released its financial and operational results to the market for the first half of FY23. Mark Norwell, Managing Director & CEO of Perenti, said: “First and foremost, my thoughts are with the families, friends and workmates of Trevor Davis and Dylan Langridge, our colleagues who tragically lost their lives as a result […]
Perenti has announced that its subsidiary Ausdrill, has been awarded a new Australian surface contract at the Northern Star Resources owned Kalgoorlie Consolidated Gold Mines (‘KCGM’) Fimiston open pit gold mine in Kalgoorlie, Western Australia. The new circa $160 million, 60-month contract incorporates activities that commenced 1 March 2022 and will continue to March 2027. […]
Following a significant search and rescue operation at the Dugald River Underground Mine and further to recent announcements, it is with great sadness that Perenti advises of the tragic loss of our colleagues Trevor Davis and Dylan Langridge, the two previously missing Barminco employees. Managing Director & CEO of Perenti Mark Norwell said, “This is […]
Further to our announcement yesterday, Perenti provides an update in relation to the incident at the Dugald River underground mine in Cloncurry, Queensland. Rescue efforts continued overnight as Barminco worked closely with MMG and relevant authorities to undertake and progress the search and rescue operation. The rescue team have employed the use of drones, void […]
Perenti is pleased to announce that its surface mining business in Africa, African Mining Services (AMS) has been awarded a contract extension for surface mining activities, including load and haul, drill and blast, grade control and crusher feed, at Resolute Mining’s Mako Gold Mine in Senegal. The contract is valued at approximately US$185 million over […]
For the second time this financial year, we are pleased to provide an operational update and deliver an upgrade to our FY23 guidance.
Perenti has signed an agreement with leading global technology company ABB to collaborate and explore approaches to support net zero emissions targets for underground and open-pit mines. Experts from the two companies will work together to address electrification in mine hauling operations, power distribution, energy efficiency and power management. Perenti’s significant mining expertise and technical […]
Perenti congratulates idoba’s President, Sarah Coleman, on winning the ‘Excellence in Mining Award’ at the national Women in Industry Awards night […]
Perenti has delivered strong FY22 financial and operational results, headlined by a significant step-up in 2H22 earnings, and continued improvement in leverage. Mark Norwell, Managing Director and CEO of Perenti, said: “Our strategic focus on maximising cashflow generation from our activities, effectively managing capital and driving operational performance, combined with the professionalism, dedication and resilience […]
Perenti is pleased to announce it has successfully executed a share sale agreement in relation to a strategic investment by Sumitomo Corporation (Sumitomo) in idoba, Perenti’s technology informed services business. The transaction further strengthens Sumitomo’s commitment to the idoba business, following the Memorandum of Understanding announced in February 2022. Under the Agreement, Sumitomo will acquire […]
Perenti is pleased to announce that its Barminco underground mining business has been awarded the contract for all underground development and production works for Evolution Mining’s Cowal Underground project in New South Wales. Barminco, a leading global underground mining services business, with operations in Australia, Africa and North America, is currently developing an exploration […]
Perenti has delivered solid financial and operational results for the six months ended 31 December 2021 that reflect significant revenue growth despite the continued COVID-19 challenges, while progressing the ramp-up of several growth projects and taking proactive portfolio and capital management measures to generate cash and support sustainable leverage reduction. Mark Norwell, Managing Director and […]
idoba is operating under an MOU with Sumitomo Corporation to jointly develop advanced, technology driven mining services for the advancement of sustainable mining practices […]
idoba’s strategic acquisitions of Orelogy and Atomorphis enhance Perenti’s digital, innovation and technology services that improve sustainability and performance outcomes for the mining industry […]
Perenti has announced the divestment of its MinAnalytical subsidiary to ALS Limited for $43.6 million. Mark Norwell, Managing Director and CEO of Perenti said, “The divestment is part of the ongoing strategic review of the Company’s portfolio, including our services, operating regions and businesses. As we continue to focus on optimising the performance of our […]
Perenti’s Barminco, Newtrax and Sandvik are partnering to develop a new technology-led solution that improves the safety of pedestrians working near heavy vehicles (HVs) underground. Between 2008 and 2018, there were 12 fatalities that involved HVs in the underground mining industry in Western Australia. Seven of those deaths were pedestrians. This statistic is a reminder […]
Perenti has delivered an FY21 result consistent with its revised expectations, achieving solid operational performance and growth from its Underground Mining business and an improved second half performance from its Surface Mining business. This solid result was delivered in a year where the Company’s financial performance was impacted by headwinds including the ongoing impacts of […]
Perenti has launched idoba, a new technology-driven service offering for the mining industry, that leverages in-house technology and data expertise to add value to our global mining services activities. […]
Perenti is pleased to announce that AMAX, a joint venture between Perenti’s surface mining business in Africa, African Mining Services and leading Ghanaian mining services company, MAXMASS has been awarded a new $470 million five-year contract at AngloGold Ashanti’s Iduapriem gold mine in the Western Region of Ghana. The new contract is structured as a […]
Perenti is pleased to announce its surface mining business in Africa, African Mining Services (AMS), has been awarded the contract for open pit mining services at the Sandfire Resources Motheo Copper Project (Motheo) in Ghanzi, Botswana. The contract, which is yet to be finalised, has an estimated value of US$496 million (A$648 million at 100% […]
Perenti is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has received a Letter of Intent from Newcrest Mining Limited for the development of an underground exploration decline at the Red Chris Project in British Columbia, Canada. The Red Chris Project is a 70:30 joint venture partnership between Newcrest and Imperial Metals Corporation […]
Perenti is pleased to announce that its subsidiary, leading African hard-rock underground miner, African Underground Mining Services, has secured a new two year contract to continue operations at AngloGold Ashanti’s Geita Mine in Tanzania. The two-year contract will take effect immediately and increases Perenti’s current work in hand by circa A$235 million (Perenti’s sharei). Mark […]
Perenti has delivered robust operating and financial results for the first half of financial year 2021 (FY21) and continues to deliver value and certainty for our clients through disciplined strategy execution, despite the challenging global environment. Mark Norwell, Managing Director and CEO of Perenti, said: “The financial and operational performance of the Group in the […]
Perenti is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has been awarded a contract extension at Gold Fields’ Agnew Gold Mine in Leinster, Western Australia. The extension is valued at over A$200 million and is for full underground mining services, driven by an increase in development and production physicals at the mine. […]
Perenti is pleased to announce the award of more than A$307 million in new work and contract extensions at Australian mining projects through leading hard rock underground mining business, Barminco and Australia’s premier drilling services provider, Ausdrill. The new work and contract extensions are across four underground and two surface mining projects in New South […]
Perenti Managing Director and CEO Mark Norwell presented on day one of the African Down Under 2020 conference at the Pan Pacific Hotel in Perth. Mr Norwell talked about Perenti’s 30-year journey in Africa through […]
Perenti has delivered strong operating and financial results in FY20, demonstrating the strength of its global mining services business to withstand challenges and provide certainty. Perenti is set to deliver similarrevenue and operating margins in FY21, subject to COVID-19 impacts, with solid growth expected in FY22. In FY20 Perenti delivered record revenue – exceeding $2 […]
Yesterday morning Perenti Group Managing Director & CEO Mark Norwell spoke to investors regarding the situation facing the Group and how it is responding to the current COVID-19 pandemic. He stressed that to date there has been minimal impact on the company’s operations but Perenti remains mindful of the considerable impact COVID-19 is having globally. […]
Perenti is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has received a letter of intent from […]
Perenti has delivered a strong result in HY20, with the Company on track to meet its most recent FY20 earnings guidance […]
Perenti is pleased to announce its Surface Mining Industry Sector Group has been awarded $155.5 million in new and extended contracts […]
Perenti is pleased to announce its subsidiary Barminco has been awarded a contract by Panoramic Resources at the Savannah Project […]
We’re pleased to announce that we’ve recently been awarded $79m in new contracts for a range of exploration and production drill & blast […]
Leading underground mining services provider Barminco, a subsidiary of Perenti, has successfully piloted a new operations centre that allows […]
Perenti company Barminco was named ‘Australia’s Large Employer of the Year 2019’ at the National Australian Training Awards in Brisbane […]
The partnership between Ausdrill and the world number two ranked Hockeyroos has been further strengthened with a new two year […]
Diversified mining services company Perenti Global Limited (Perenti) (ASX: PRN) has delivered a strong result, outperforming earnings […]
Ausdrill Limited is pleased to announce that the Ausdrill Group is adopting a new brand and identity, “Perenti”. “Perenti Global […]
Perenti Global was the only mining services company to be presenting at Diggers & Dealers 2019. The message from our Group Managing […]
The Group is pleased to announce that its wholly owned subsidiary, African Mining Services (AMS), has been selected as the preferred […]
Perenti Global Limited (ASX: PRN) is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has been awarded […]
Perenti Global Limited (ASX: PRN) is pleased to announce its earthmoving parts and equipment subsidiary, BTP, has been awarded […]
