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Ausdrill Ltd (ASL.AX)

ASL.AX on Australia Stock Exchange

29 May 2017
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Latest Key Developments (Source: Significant Developments)

African Underground Mining Services says has been awarded mining contract in Ghana
Wednesday, 26 Apr 2017 06:24pm EDT 

April 26 (Reuters) - African Underground Mining Services::Contract is a five year term to supply all underground mining services for Subika underground mine.Has been awarded Subika underground mining contract with Newmont Ghana gold at Ahafo complex in Ghana.Contract has an estimated value of USD$280 million.  Full Article

Ausdrill Ltd says unit wins contract to provide mining services at Yanfolila Gold Mine
Tuesday, 27 Dec 2016 04:08pm EST 

Ausdrill Ltd : African Mining Services (AMS), has been awarded a contract . Contract is for a term of three-years, with an option to extend by a further year. . Contract is expected to generate approximately us$112 million (aud$147 million) in revenue over three years . Contract to provide mining services at yanfolila gold mine for hummingbird resources. . AMS anticipates it will employ approximately 450 personnel to complete works, majority of whom will be local . Project will require capital expenditure of approximately us$38 million for acquisition of new equipment .AMS awarded yanfolila contract by hummingbird resources.  Full Article

Primary Gold and Ausdrill sign drilling for equity agreement
Sunday, 4 Sep 2016 08:13pm EDT 

Primary Gold Ltd : Primary and Ausdrill sign drilling for equity agreement . Executed a binding agreement with Ausdrill Limited for A$3.0M in drilling for equity programs . Agreement has also been expanded to include drilling over the newly acquired coolgardie gold project in Western Australia .  Full Article

Ausdrill awarded additional works with Perseus Mining
Thursday, 11 Aug 2016 03:15am EDT 

Ausdrill Ltd : Additional works will generate US$120 million (aud$157 million) in revenue over a 42 month period . Unit, African Mining Services , awarded a contract for additional works at the edikan gold mine in Ghana by Perseus Mining . Mining expected to commence in September 2016, works include drilling, blasting, load and haul operations at Perseus' Esuajah north pits .  Full Article

Robit to buy all shares in Drilling Tool Austrialia
Friday, 20 May 2016 01:38am EDT 

Robit Oyj : Said on Thursday it signed Sale and Purchase Agreement to buy 100 percent of shares of Drilling Tools Australia Ltd, a unit of Ausdrill Ltd . Effective date of purchase of shares will be June 30 .Will finance transaction partly from proceeds of its IPO in May 2015 and partly through new bank financing.  Full Article

Ausdrill says to sells DTA business to Robit
Thursday, 19 May 2016 06:24pm EDT 

Ausdrill Ltd : Ausdrill sells DTA business . Signed a sale and purchase agreement to sell its Drilling Tools Australia ("DTA") business to Robit Plc, for $66 million. . Sale will exclude the net assets of dta's oil and gas and spare parts business . All current dta employees will remain employees of DTA as part of the transaction .  Full Article

Ausdrill Limited appointed Theresa Mlikota to role of CFO
Sunday, 11 Oct 2015 02:30am EDT 

Ausdrill Limited:Says José Martins, Chief Financial Officer, has resigned from the Company.Appoints José Martins, Chief Financial Officer, has resigned from the Company.  Full Article

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