Ausdrill

Ausdrill Ltd's Barminco unit won a five-year underground mining services contract from Khoemacau Copper Mining at the Zone 5 mine in Botswana, worth about A$800 million ($554.56 million). Services will start in December 2019.

Ausdrill's subsidiary BTP has been awarded a three-year contract extension worth A$126 million to continue renting mining equipment to Peabody's coal mines in the Hunter Valley and Bowen Basin, effective from April 2019.

Diversified mining services company Ausdrill has closed the $197.2 million transaction to acquire underground hard-rock mining contractor Barminco, representing an enterprise value of $697 million.

African Underground Mining Services (AUMS), a joint venture of Ausdrill and Barminco, together with Rocksure International, won a $375 million (US$530 million) five-year underground mining services contract at AngloGold Ashanti's Obuasi project in Ghana. The contract is expected to start in early 2019 and employ about 550 workers.

Australian mining services firm Ausdrill has signed an agreement to acquire all equity in underground hard-rock mining contractor Barminco Holdings for approximately A$271.5m ($197.2m). The deal includes assumption of Barminco's debt and is subject to shareholder approval.

The African Underground Mining Services (AUMS) joint venture between Ausdrill and Barminco secured a $211 million mining services contract with SEMAFO at the Siou gold operation in Burkina Faso. The 70-month contract starts in Q3 2018.

Ausdrill signed a letter of intent for a $180 million three-year contract with Process Minerals International to provide drill and blast services at the Wodgina lithium mine in Western Australia.

Newmont Mining awarded a $280 million contract to African Underground Mining Services (AUMS), a joint venture of Ausdrill and Barminco, for underground mining services at the Subika mine in Ghana.