News Articles for Perenti

Perenti subsidiary Ausdrill has partnered with the University of Technology Sydney and the Innovative Manufacturing CRC to co-develop a system for safer rock scaling operations.

Perenti has launched a new technology-focused mining services business while reporting a 22 per cent jump in contracted work.

Ian Cochrane, one of Perth's most respected corporate lawyers and company directors, has passed away. Aged just 67 years, Mr Cochrane had been battling cancer for nearly two years.

Our board moves wrap includes Geoffrey Xue, Brian Miller, Nic Pollock, Timothy Longstaff, Boaz Wachtel, Adam Blumenthal, and Luca Giacovazzi.

Perenti's surface mining business has won a five-year contract for work on AngloGold Ashanti's Iduapriem mine in Ghana.

Perenti has started early works on the Savannah nickel mine in WA after finalising a four-year agreement with project owner Panoramic Resources.

WA's Sandfire Resources is making progress on the development of its $364 million Motheo copper project in Botswana, having now secured the mining licence.

Sandfire Resources has appointed Perenti's surface mining contractor to the $364 million Motheo copper-silver project in Botswana.

Strong revenue is masking rising costs in WA, and the associated inflationary pressure.

Perenti has revealed an employee working for its Ghanaian joint venture has been found deceased, following an underground collapse at AngloGold Ashanti's Obuasi mine earlier this month.

The search for a missing worker at AngloGold Ashanti's Obuasi mine in Ghana is ongoing, following an underground collapse last week.

Shares in Perenti have tumbled today as the mining services business informed shareholders that wage growth, high turnover and a strong Australian dollar were impacting the business' financial outlook.

Our board moves wrap includes Chris Hansen, Ian Cochrane, Robert Reynolds, Robert Cole, Dato Abdul Hamid Bin Sh Mohamed, and Ming-Li Tan.

Ian Cochrane will step down as chair of mining services business Perenti, with the company citing ill health as reason for the decision.

Perenti is expecting to grow its presence in North America, after being approached by Newcrest Mining to work on a Canadian project.

Industrial and logistics properties continue to top investors' wish lists, as vacancy within Perth's industrial property drops by almost a third within 12 months.

Perth-based mining contractor Perenti has secured further work through its African subsidiary under a two-year contract with AngloGold Ashanti.

Our board moves wrap includes Rajiv Ratneser, Pippa Leary, Brian Mangano, Ryan Sofoulis, and Geoffrey Greenberg.

Perenti's underlying profitability took a $16 million hit in the six months to December, as COVID-19 and the strong Australian dollar weighed on the mining services business.

The ranking of WA's largest private companies has changed dramatically over the past decade.

Perenti's underground mining division has secured a $200 million extension of works on Gold Fields' Agnew operations in WA.

Perenti has won a series of new contracts and extensions in WA, including at sites held by Gold Fields, Western Areas and Consolidated Minerals.

Today's board moves wrap includes Nicholas Ong, Sam Budiselik, John Ribbons, Melissa Chapman, Catherine Grant-Edwards, Michael Nossal, DongMei Ye, George Karageorge, Stuart Till, Terry Strapp, Chris Berkefeld, Eugene Nel, John Ciganek, and Bill Oliver.

Perth-based contractor MACA is in talks to buy Downer's mining services division, while IGO is reportedly considering a $2 billion deal with China's Tianqi Lithium Corporation.

Today's board moves wrap includes Justine Passaportis, Strati Gregoriadis, and Stephen Hewitt-Dutton.

Perenti subsidiary Barminco has secured $540 million in contracts this month, with its most recent award being an extension of works with Melbourne-based MMG.

Mining services provider Perenti has secured its second major contract for the month after receiving an extension of works for a goldminer operating in Burkina Faso.

Perenti subsidiary Barminco has secured a $200 million, five-year development and production contract at Western Areas' Odysseus nickel mine.

Mining contractor Perenti has reported record revenue of $2 billion and solid profit for the full year, with the news sending its shares up by as much as 15 per cent.

Mining contractor Perenti has released a lower full-year earnings guidance, sending its shares down 10 per cent at the ASX open, despite bringing back a $15 million interim payout.

Asymptomatic FIFO workers to be tested for COVID-19 as Western Australia records its seventh day in a row with 0 cases.

Perth's top corporate lawyers have been busy helping their clients navigate the fallout from COVID-19.

Perenti Global has put dividends on hold to boost its financial position in response to the COVID-19 pandemic, but says the virus has not yet affected the business.

Infrastructure group Downer EDI's possible sale of its mining business to Perenti Global has been suspended due to the market volatility caused by the coronavirus pandemic.

Perenti Global subsidiary Barminco has received a letter of intent from Canada-based Barrick Gold to provide underground mining services at the Hemlo mine in north western Ontario, under a proposed

Perenti Global said it was on track to meet its earnings guidance for the full financial year despite problems in its African business denting first-half results.

Mining services provider Perenti Global has secured $155.5 million in new and extended contracts for works in Australia and Africa through its surface mining operation.

Mining services provider Perenti Global says it is considering buying Downer EDI's mining servicing business, but dismissed a report of a $700 million offer.

Shares in Panoramic Resources have plunged by more than 33 per cent, falling to their lowest price since 2016, after the company downgraded production guidance for the underground Savannah mine in the Kimberley.

Ghana Manganese Company has terminated its equipment hire contract with Perenti Global subsidiary African Mining Services, following a temporary suspension of the contract earlier this month.