Perenti scores millions in Oz, Africa deal extensions

Contractor Perenti has secured extensions for a trio of contracts in Australia, Ghana and Burkina Faso worth a total of A$420 million.

The contract extensions include a 12-month, $125 million contract extension to continue underground development and production works at the Gold Fields Agnew underground gold mine as well as a 12-month, $180 million contract extension at the AngloGold Ashanti’s Obuasi underground gold mine in Ghana.

Also newly secured a two-year, $115 million contract extension of existing underground development and production works at the Roxgold Yaramoko underground gold mine in Burkina Faso.

Mark Norwell, managing director and chief executive officer, noted that the company’s contract mining division is now led by Gabrielle Iwanow and will continue to focus on safely delivering for clients and on its strategic objectives.

“In my first few weeks at Perenti, I have been very impressed with the team’s technical capability and the operational performance that they deliver to our clients. I believe that it is these factors that underpin the strength and depth of our relationships,” Iwanow added.

“With these contract awards combined with those previously announced, namely $360 million related to the Sandfire Resources A4 project in Botswana and a further $111 million related to three Australian surface and underground contract awards, the team has secured nearly A$900 million of revenue for the business.”Source:

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