News Articles for Mark Norwell

This week's appointments include Michael Allan, Penny Fielding, Michael Veletta, Perenti leadership changes, new director appointments at Mineral Resources, and others.

Global mining services group Perenti has started the search for a new chief executive after Mark Norwell announced he would be stepping down next year.

Listed contractor Perenti's underground mining division Barminco has secured a $300 million contract from Ramelius Resources at its newly acquired Dalgaranga gold asset.

Perenti boss Mark Norwell says the mining services group's reduction of gross debt in recent years has resulted in the company being primed for future growth opportunities.

Listed contractor Perenti told the market it expected to soar past its free cash flow guidance by almost 87 per cent for the financial year.

Perenti's underground mining services contractor Barminco has secured a three-year $200 million contract with Westgold at its Great Fingall project near Cue.

Perenti has secured a five-year underground mining contract valued at around $1.1 billion with Endeavour Mining Corporation in Burkina Faso.

Perth-based Perenti will continue to manage underground mining at AngloGold's Obuasi gold mine.

Perenti's subsidiary will continue underground mining operations at Gold Fields' Agnew mine.

Mining services contractor Perenti has put a 13 per cent profit slide down to late debtors and a flat half for contract mining services.

Perenti's underground mining services contractor Barminco has secured its inaugural US-based contract, valued at approximately $120 million.

Underground mining services contractor Barminco has secured a contract extension with Regis Resources, valued at approximately $180 million.

Listed contractor Perenti has won $185 million worth of work from Roy Hill, Focus Minerals and Rox Resources through its underground mining and drilling divisions.

Our weekly appointments wrap includes Mark Norwell, Bill O'Keeffe, Derek Hays, Brook McGowan, Michael Barnes, Tim Ungar, Charlie Gunningham, and Nathan Drudi.

Underground mining services contractor Barminco has won a $157 million contract extension at IGO's Nova nickel mine, which is entering its final years.

The board of mining services firm Perenti has avoided a second shareholder strike against its executive remuneration report, after tightening its payment policies relating to safety.

BHP will test a new energy system designed by Caterpillar which can power up haul trucks on the move at its Jimblebar mine in the Pilbara.

Mining contractor Perenti has elected to undergo a significant remuneration restructure, on the back of February’s fatality at the Mana gold mine in Burkina Faso.

Perenti's underground mining business arm Barminco has won a three-year mining services contract extension worth $450 million with AngloGold Ashanti, effective from October 1.

Project closures and scale backs in early 2024 presented a stark contrast to the recent era of project delivery in WA.

Perenti's underground mining business Barminco has won a three-year $393 million contract with Regis Resources.

Western Australian contractors and mining services providers have detailed the impact of the nickel industry woes in half year results reported to the market.

Experienced mining boss Gabrielle Iwanow will head Perenti's contract mining division after exiting her role as managing director of Mincor Resources.

Perenti has launched an on-market share buyback program following the acquisition of drilling specialist DDH1.

Mining services group Perenti is set to pocket $150 million worth of work after securing contracts from Regis Resources, BHP and Catalyst Metals.

Mining services group Perenti has secured a $360 million contract extension with its major client Sandfire Resources for work on the Motheo copper mine in Botswana.

Persistent inflationary and labour pressures have not waned Macmahon and Perenti's positive outlook as the two mining contractors record earnings growth for the 2023 financial year.

Established WA contractor Perenti Group plans to acquire smaller counterpart DDH1 in a deal that prices the growing Canning Vale-based business at more than $400 million.

Mining services group Perenti has marginally increased its 2023 financial year revenue expectations and has shaved $40 million off its capital expenditure targets.

Perenti's new contract extends the mining services company's tenure in Ghana.

Mining services group Perenti has secured a $90 million contract extension for underground exploration at Newcrest Mining's gold and copper project in Canada.

A subsidiary of mining services company Perenti has secured a $30 million contract extension for underground mining activities at one of IGO Limited's nickel mines.

Mining services companies Mader Group and Perenti have increased their guidances after recording bolstered revenue in their first half results.

Perenti has confirmed that two of its employees, previously missing Barminco miners, have been killed after an incident at the Dugald River Underground mine in Queensland.

Recovery crews have been working through the night to access the location where two miners are believed trapped after a collapse at a north Queensland mine.

Perth-headquartered mining companies Perenti and NRW Holdings have locked in contracts valued at more than $500 million.

Australian mining services group Perenti has partnered up with global technology company ABB to push for more decarbonisation options for the industry.

Mining services group Perenti is anticipating higher revenue for the current financial year, pointing to improved operating conditions.

Perenti Global will pocket $5.4 million after selling a stake in its technology business idoba to Japan's Sumitomo Corporation.

Shares in Perth mining services business Perenti rose after announcing an on-market share buyback and one of the largest contracts in its history.