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
07 Jun 2023 - A snapshot of the stocks on the move featuring NOVONIX (ASX:NVX), Latin Resources (ASX:LRS), Andromeda Metals (ASX:ADN) and Jindalee Resources (ASX:JRL).
04 Aug 2020 - The Baby Bunting Group (ASX:BBN) will keep it’s metropolitan Melbourne stores open to support new and expectant parents during stage 4 restrictions in Victoria.
22 Mar 2021 - Automotive parts and accessories provider Bapcor (ASX:BAP) has today announced the acquisition of 25 per cent of total shares in Tye Soon (SGX:BFU) for $12 million.
05 Mar 2021 - Fruit and vegetable grower, Costa Group (ASX:CGC) has inked conditional agreements to buy both the farming operations of KW Orchards citrus farm, as well as the EJT citrus packing facility.
09 Apr 2020 - oOh!media (ASX:OML) has become aware that HT&E has acquired at least 11 million oOh!media shares as at the latest share register obtained by the Company for 6 April 2020, representing at least 1.8 per cent of the Company’s issued capital.
01 Mar 2024 - A snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), Hexagon Energy Materials (ASX:HXG) and European Lithium (ASX:EUR, FRA:PF8, OTC:EULIF).
