Ausdrill wins mining contract from Perseus Mining

African Mining Services (AMS), a wholly owned subsidiary of Ausdrill Limited, has been awarded a mining services contract from Perseus Mining to provide open pit mining services at its Edikan gold mine’s Eastern Pits operations in Ghana, West Africa.

The three year contract, which has an option to extend for a further two years, will commence in the second quarter of 2015 and will generate close to $224 million in revenue over a five-year period.

Ausdrill managing director Ron Sayers said: "We are delighted to extend the relationship we have developed with Perseus in Africa.’

"The award of this contract clearly demonstrates the capability of AMS to deliver quality service on schedule."

Previously known as the Central Ashanti Gold project, the Edikan gold mine in Western Africa has 5.25 million ounces of measured and indicated gold resources. It includes reserves of 2.36 million ounces of gold and 2.17 million ounces of inferred gold resources.

AMS has provided mining services to Perseus since 2011.

Formed in 1987, Ausdrill provides services in contract mining, grade control, drill and blast, exploration, mineral analysis, procurement and logistics, and manufacturing. The diversified mining services company has operations across Australia, Africa and the United Kingdom.

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