By Digifin Pty Ltd · About this coverage
Key Points
- Drilling awards across five businesses to contribute circa A$185M revenue in FY27
- Projects span Australia, the USA and Canada; awards in recent weeks
- AUMS Sabodala first phase about A$20m for exploration decline and infrastructure
- Second phase full underground production subject to Endeavour notice to proceed
- AUMS contracting entity is 100% Perenti-owned African Underground Mining Services SUARL
About Perenti (ASX:PRN)
Perenti Limited is an ASX-listed diversified mining services group headquartered in Perth. It provides contract mining, drilling services, mining services and technology solutions across Australia, Africa and the Americas.
Perenti (ASX:PRN) announced multiple new drilling awards and an AUMS underground contract at Sabodala, adding contracted work across its drilling businesses and African underground mining.
Contracts awarded in recent weeks to Ausdrill, DDH1 Drilling, Ranger Drilling, Swick Mining Services and Strike Drilling for projects in Australia, the USA and Canada will contribute revenue of circa A$185M in FY27. African Underground Mining Services SUARL, which is 100% Perenti owned, has been awarded a contract with Endeavour Mining plc at the Sabodala-Massawa Mining Complex in Senegal. The initial phase is valued at approximately A$20m and covers development of the exploration decline and supporting underground infrastructure. The second phase would include full underground production but remains subject to AUMS receiving notice to proceed at Endeavour's discretion. Perenti says that, following an election to proceed by Endeavour, it will communicate the full value to the market.
The release does not state the full value of the Sabodala second phase or individual drilling contract values.
Source: Perenti Limited (ASX:PRN), 29 September 2026. Summary content supplied by Digifin Pty Ltd.
News summary only, not financial advice. It does not consider your objectives, financial situation or needs.