exploration drilling

Perenti posts record $1.73B revenue but faces cash flow setbacks, Botswana project struggles, and mining services decline as it reaffirms FY25 guidance

ASX-listed mining services group Perenti Limited (ASX: PRN) has posted record half-year revenue with a 6 percent increase from 1H24, but flagged challenges in its Mining Services and idoba division, payment delays, and project underperformance in Botswana.

Ramelius digs deeper: Granodiorite reshapes gold exploration at Mount Magnet, unlocking new discoveries beyond traditional BIF-hosted deposits

A shift in geological thinking is reshaping exploration at Ramelius Resources’ Mount Magnet Gold Camp, where the company is moving beyond traditional banded iron formation (BIF) deposits to focus on granodiorite-hosted mineralisation.