Perenti launches idoba – our technology driven service offering Posted on July 28, 2021July 28, 2021 by admin Perenti has launched idoba, a new technology-driven service offering for the mining industry, that leverages in-house technology and data expertise to add value to our global mining services activities. Mark Norwell, Managing Director and CEO of Perenti, said: “When looking to the future of the mining industry, it is evident that innovation and technology will play a much greater role in the way we do business and ultimately how we continue to generate value for all our stakeholders. “With this in mind, it is with great pleasure that we launch idoba, our new technology driven service offering which will enable tomorrow by allowing us to respond to our clients’ evolving needs both today and into the future. “I am also pleased to announce the appointment of Sarah Coleman as Chief Executive Officer, idoba. Sarah has significant mining experience and a passion for driving improvements through innovation to create value.” idoba is a name that was co-created using human and artificial intelligence input, which connected the Greek word eidos meaning “essence” and the Japanese term “ba”, meaning knowledge mobilising space. The idoba team was formed by combining businesses that Perenti acquired over the last 12 months, Sandpit Innovation, ImpRes and Optika. The founders of these businesses, Sarah Coleman, Aaron Carter and Matt Schneider and their teams are passionate, talented and diverse – with a high proportion of female, multicultural and neurodiverse individuals. Their collective experience comes from global mining companies, digital product commercialisation, data analytics and sustainability. idoba is the culmination of Perenti’s strategic technological growth which, in addition to supporting the Perenti business, will provide digital product and technology service offerings to mining and mining service clients with revenue and earnings generated from these services. Apart from contributing to Perenti’s revenue and earnings growth in the medium term, we expect to leverage the innovation and technological skill sets of the idoba team to unlock productivity improvements across our current suite of service offerings. Ultimately and in time, these efforts will reduce risk, increase productivity, and drive performance for Perenti as well as creating new capabilities for idoba to offer to the broader resources sector. This is an exciting time for our business as we welcome idoba to Perenti.
Perenti secures new surface mining contract at Iduapriem gold mine in Ghana Posted on July 19, 2021July 19, 2021 by admin Perenti is pleased to announce that AMAX, a joint venture between Perenti’s surface mining business in Africa, African Mining Services and leading Ghanaian mining services company, MAXMASS has been awarded a new $470 million five-year contract at AngloGold Ashanti’s Iduapriem gold mine in the Western Region of Ghana. The new contract is structured as a 60:40 joint venture agreement between AMS and MAXMASS and represents AMS’s significant and ongoing commitment to developing and expanding the capacity and capability of our local partners. Mark Norwell, Managing Director and CEO of Perenti, said the continued transformation of AMS, including the winning of quality projects underpinned by robust financial and commercial disciplines remains a key strategic initiative in Perenti’s 2025 Group Strategy. “We’re delighted to be extending our relationship with our long-standing client, AngloGold Ashanti. AMS has a reputation for delivering excellence while generating enduring value and certainty for stakeholders and the award of this new contract at a site where AMS has previously operated for AngloGold Ashanti provides further support for that reputation. We look forward to continuing to partner with AngloGold Ashanti.” Perenti Mining Chief Executive Officer, Paul Muller, said AMS had a long history of delivering operational excellence and value to clients, having provided mining services in Ghana for 30 years. “We have provided surface mining services at the Iduapriem gold mine since 2012, establishing a successful partnership with AngloGold Ashanti. We look forward to continuing to strengthen this partnership and also welcome the opportunity to work with our newest joint venture partner, MAXMASS. “We have a strong commitment to support and build local capability to generate social and economic value for the regions in which we operate. Under this contract, and through the AMAX joint venture, we expect to continue to support the many local businesses that have become important suppliers and contractors to our operations under previous contracts. The joint venture also expects to employ more than 475 Ghanaians with approximately 40% of the workforce employed from the surrounding local communities and the remaining 60% from other regions within Ghana.”
