Paul Muller

Ausdrill has announced its first major acquisition since the retirement of founder Ron Sayers last month, with the company set to purchase mining services contractor Barminco in a cash and scrip deal worth $271.5 million, while also announcing a $250 million capital raising.

Barminco has secured a five-year extension to its mining services contract at AngloGold Ashanti’s Sunrise Dam gold mine, worth about $700 million.

Barminco has been awarded a four-year extension to two mining services contracts at Gold Fields’ Agnew mine near Leinster, worth a combined $335 million.

Barminco has secured a four-year contract extension for underground mining services at Independence Group’s Nova operation in the Fraser Range.

Ausdrill has won contracts in Western Australia worth a combined $171 million, including for underground mining services at Regis Resources’ Rosemont project.

Ausdrill subsidiary Barminco has secured a $100 million underground mining services contract from Hindustan Zinc at its Rampura Agucha mine in India.

Ausdrill’s underground contractor subsidiary, Barminco, has been awarded a five-year underground mining services contract at a copper mine in Botswana worth around $800 million.

Perenti Global subsidiary Barminco has piloted its new remote operations centre with a Goldfields mine, following several successful trials earlier this year.

Perenti Global subsidiary Barminco has received a letter of intent from Canada-based Barrick Gold to provide underground mining services at the Hemlo mine in north western Ontario, under a proposed $200 million contract.

Perenti subsidiary Barminco has secured a $200 million, five-year development and production contract at Western Areas’ Odysseus nickel mine.

Perenti subsidiary Barminco has secured $540 million in contracts this month, with its most recent award being an extension of works with Melbourne-based MMG.

Perth-based mining contractor Perenti has secured further work through its African subsidiary under a two-year contract with AngloGold Ashanti.

Sandfire Resources has appointed Perenti's surface mining contractor to the $364 million Motheo copper-silver project in Botswana.

Perenti’s surface mining business has won a five-year contract for work on AngloGold Ashanti’s Iduapriem mine in Ghana.

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

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.