Perenti (ASX:PRN)'s African business awarded $235m contract extension

Company News

by Michael Luu

Perenti Global-owned African Underground Mining Services (AUMS) has been awarded a 2-year contract extension for its business with AngloGold Ashanti (ASX:AGG). The deal worth $235 million will allow AUMS to continue and expand operations at the Geita Mine in Tanzania.

Shares in Perenti Global (ASX:PRN) are trading 0.9 per cent lower at $1.12