Perenti, a diversified global mining services group, has announced that its surface mining business in Africa, Africa Mining Services (AMS), has been awarded a contract extension for surface mining activities at Resolute Mining’s Mako Gold Mine in Senegal
The contract includes load and haul, drill and blast, grade control and crusher feeding activities at the mine and is valued at approximately US$185mn over a period of four years.
Perenti, through AMS, has provided surface mining activities at the Mako Mine since 2017 and the contract extension includes updated commercial conditions. In addition, Perenti will optimise the management of existing fleet and equipment at the project, which is forecast to have a low capital expenditure requirement and generate sustainable returns.
Mark Norwell, managing director & CEO of Perenti, said, “The Mako project has been a part of the AMS portfolio for several years and we are pleased that our strong operational performance and relationship with Resolute Mining, has allowed us to execute this contract extension, which supports our 2025 strategy.
“We are confident that our dedicated, predominantly local workforce will continue to deliver value for our client. We look forward to continuing our relationship with Resolute Mining at the Mako project as we seek to deliver enduring value and certainty for all our stakeholders.”