Perenti downgrades after Ghana contract loss

CONSOLIDATED Minerals’ 90%-owned Ghana Manganese Company has terminated its equipment hire contract with Perenti Global’s African Mining Services at its Nsuta manganese mine after the Ghanaian government directed GMC to cap its production.

Perenti downgrades after Ghana contract loss Perenti downgrades after Ghana contract loss Perenti downgrades after Ghana contract loss Perenti downgrades after Ghana contract loss Perenti downgrades after Ghana contract loss

Nsuta.

The contract was only extended for a further two years in February, and was expected to generate A$123 million in revenue.

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