Latest News - Perenti

Who we are
- WHO WE AREWe’re an ASX listed, diversified mining services group with more than 35 years’ experience and operations across four continents.
- Our company
- Our purpose and principles
- Our businesses
- Our journey
- Leadership
- Board of directors
What we do
- WHAT WE DOWe’re experts in hard rock surface and underground mining, drilling services, mining services and have a focus on future technology solutions.
- Our portfolio of complementary businesses
- Contract Mining
- Drilling Services
- Mining Services
- idoba
- Projects
Sustainability
- SUSTAINABILITYAt Perenti, we recognise the critical role we must play in helping the world transition to a more sustainable future.
- Safety
- Communities
- Diversity and Equality
- Environment
- Climate Change
- Human Rights
- Suppliers
Investors
- INVESTORSOur focus is to deliver shareholder returns by building a portfolio of complementary businesses that deliver consistent and quality cash backed profits.
- Shareholder services
- Debt Investors
- Corporate governance
  - Corporate governance
  - Sustainability
Working with us

Latest News

What we're working on

Perenti and ABB agree to jointly explore solutions to help mining customers decarbonise operations

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 […]

Excellence in Mining – Winner

Perenti congratulates idoba’s President, Sarah Coleman, on winning the ‘Excellence in Mining Award’ at the national Women in Industry Awards night […]

Perenti posts strong finish to FY22 and well positioned for further earnings growth in FY23

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 announces strategic investment in idoba by Sumitomo Corporation

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 secures additional ~$520 million of Australian revenue with new Cowal Underground contract

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 delivers solid results in-line with expectations

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 collaborates with Sumitomo Corporation under MOU

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 grows capability with Orelogy and Atomorphis aquisitions

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 divests MinAnalytical to ALS Limited

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 […]

Pedestrian Safety the Focus of Underground Mine Technology Partnership

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 delivers solid FY2021 Results: proactively managing headwinds and positioning for growth

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 launches idoba – our technology driven service offering

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 secures new surface mining contract at Iduapriem gold mine in Ghana

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 to partner with Sandfire Resources at the Motheo Project in Botswana

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’s expansion in North America continues with Letter of Intent for works at the Red Chris Project

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 secures new A$235 million contract at the Geita Complex

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 […]

Disciplined strategy execution and strong Underground performance underpin Perenti’s 1H21 financial results

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 secures A$200 million Agnew underground mining contract extension

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 secures A$307 million in new work and contract extensions

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 addresses delegates at ADU2020 and talks about the Group’s 30-year African journey

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 […]