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Perenti first half FY23 results and business update

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 […]

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Ausdrill secures contract extension at Fimiston

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. […]

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Tragic outcome in search for missing miners at Dugald River

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 […]

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Further update to the incident at Dugald River

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 […]

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Perenti secures contract extension at the Mako Gold Mine in Senegal

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 […]

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Perenti announces FY23 guidance upgrade

For the second time this financial year, we are pleased to provide an operational update and deliver an upgrade to our FY23 guidance.

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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. […]

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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 […]

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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% […]

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