PRN
Director Trades
| Date | Director | Value |
|---|---|---|
| Mark Alexander John Norwell | $7,675,409 |
Company News
Perenti expands West African footprint with new five-year Endeavour contract in Burkina Faso
Mining services provider Perenti (ASX: PRN) has landed another significant contract, with Endeavour Mining selecting its Burkina Faso subsidiary to provide approximately $1.1 billion worth of work at its Mana complex. Endeavour subsidiary SEMAFO Burkina Faso awarded the new five-year contract for delivery of underground mining operations to Underground Mining Services Burkina Faso (UMS). The […]
Perenti subsidiary Barminco lands $500m contract extension at Gold Fields’ Agnew mine
Perenti (ASX: PRN) subsidiary Barminco has landed a contract extension at global mining giant Gold Fields’ historical Agnew gold mine in Western Australia. Barminco has held the contract to supply underground mining services at Agnew since 2010, employing more than 300 people at the site. Worth approximately $500 million, the contract renewal for development and […]
Perenti boosts shareholder value with surging cash flow and new mining contracts
Diversified mining services group Perenti (ASX: PRN) has advised the market that its free cash flow for the 2024 financial year is expected to be “materially above guidance” at approximately $180 million. The cash flow will be generated from operations after interest, tax and all capital expenditure and after the company’s investment in the digital […]
Perenti subsidiary Barminco wins $393m mining services contract with Regis Resources
Perth-based mining services company Perenti (ASX: PRN) has announced that subsidiary Barminco has been awarded a $393 million contract at Regis Resources’ (ASX: RRL) Duketon operations in the goldfields region of Western Australia. The three-year contract will commence this month and is for the provision of underground development, production and support services to the Rosemont […]
Drilling services companies back in favour as mineral exploration booms
Pickaxe sellers, a legendary and largely extinct species, were once described as the major money-makers in mining, a title transferred in part to a new breed of hole diggers, companies selling drilling services. The modern way of punching through the earth’s surface is essentially the same as a man with a pickaxe and shovel, only […]
How to find winners in the mining services sector
At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP), most investors seeking a resources exposure would be happy to invest directly in the major producers. Of course, the history of resources is also about endless boom-and-bust cycles – and if history doesn’t […]
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