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
14 Nov 2019 - Gold exploration and development company, Vango Mining (ASX:VAN), has appointed Andrew Stocks as the Company’s new Managing Director effective from 20 January 2020.
30 Aug 2019 - BlueScope Steel (ASX:BSL) informed the ASX today that the Australian Competition and Consumer Commission (ACCC) has started civil proceedings against them and their former employee Jason Ellis alleging contraventions of the Australian competition law cartel provisions.
07 Oct 2019 - Shares in Clinuvel Pharmaceuticals (ASX:CUV) rose today after it reported that its CEO Philippe Wolgen will stay with the company for three more years.
23 Mar 2021 - Genex Power (ASX:GNX) has finalised its negotiations with Powerlink Queensland in relation to the connection arrangements for the 250MW Kidston Pumped Storage Hydro Project.
27 Dec 2019 - Dragontail Systems (ASX:DTS) is pleased to announce that Pizza Pan Group, the Australian master franchisee for Pizza Hut, owned by YUM! Brands, has decided to expedite the nationwide rollout of the Algo Platform.
25 Feb 2021 - Mineral sands miner Iluka Resources (ASX:ILU) report a net profit after tax of $2.4 billion for full year 2020, compared to a loss of $300 million in 2019.
13 Feb 2020 - Pro Medicus (ASX:PME) released their results for the six months ending December 31, showing after tax profit of $12.051 million, an increase of $2.969 million up 32.7 per cent compared to the same period last year.
