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
17 Jan 2020 - Australian agri chemical company, Nufarm (ASX:NUF) has given an update on market conditions experienced during its first half-year ending 31 January 2020, ahead of its results.
14 Jun 2023 - A snapshot of the stocks on the move featuring Golden Mile Resources (ASX:G88), NickelSearch (ASX:NIS) and Encounter Resources (ASX:ENR).
09 Jun 2020 - CSL (ASX:CSL) has agreed to exercise its right to acquire Vitaeris Inc in an acquisition cost described as modest, with additional R&D expenses in financial 2021 between $30 million to $50 million.
31 Aug 2020 - AGL Energy (ASX:AGL) has entered into a binding agreement for the acquisition of Click Energy Group, a wholly owned subsidiary of amaysim Australia, for $115 million.
19 Feb 2020 - Crown Resorts (ASX:CWN) has reported its normalised net profit has dipped 11 per cent to $172.7 million for the first half of 2020 when compared to the same time last year.
10 Dec 2020 - A class action proceeding has been launched against Freedom Foods Group (ASX:FNP) and its auditors Deloitte Touche Tohmatsu, in the Victorian Supreme Court.
02 Dec 2019 - Mincor Resources (ASX:MCR) is in the process of strengthening its board with the appointment of experienced mining executive and geologist, Peter Bewick as an Independent NonExecutive Director.