The sales of Perenti Global (ASX:PRN)’s mining assets in Mali and Burkina Faso have generated $80 million in cash for the mining company.
The receipt for the sales of Yanfolila and Boungou’s in-country plants, property and equipment (PPE) will enable the business to redeploy capital into its “most value-accretive opportunities”.
Shares in Perenti Global (ASX:PRN) are trading 2.25 per cent higher at $1.14.
Copyright 2021 – Finance News Network
18 Sep 2019 - Smart building materials company ClearVue Technologies (ASX:CPV) is pleased to announce that it is now able to almost double the size of the panels produced.
15 Nov 2019 - IT solutions provider Cirrus Networks Holdings (ASX:CNW) has entered into a new IT contract with global mining giant, Rio Tinto (ASX:RIO).
18 Dec 2019 - Oil Search (ASX:OSH) will move into the Front-End Engineering and Design phase on its oil development on Alaska’s North Slope after an independent assessment identified greater potential.
05 Aug 2020 - Centuria Office REIT (ASX:COF) recorded a drop in profit to $23.1 million for FY2020 compared to the prior corresponding period of $53.6 million in FY2019, which is in line with guidance.
18 Mar 2020 - Aristocrat Leisure (ASX:ALL) today announced that given continuing uncertainty as to the extent and duration of the impacts of COVID-19, it is appropriate to withdraw the Group’s Outlook Statement.
08 Sep 2023 - A snapshot of the stocks on the move, featuring Advanced Share Registry (ASX:ASW), Magnum Mining & Exploration (ASX:MGU) and Ava Risk Group (ASX:AVA).
24 May 2022 - Snap’s share price dived over 28% after an earnings miss, warning investors of a hiring slowdown with the Nasdaq futures falling 1.3% as investors fret about tech giant’s reliance on internet advertising. The news pulled Facebook-owner Meta Platforms and Google-owner Alphabet down 7 and almost 4% respectively.
