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29 February 2012
AMS Awarded Contract Extension

African Mining Services has, for the sixth consecutive year, successfully renegotiated the exploration drilling contract at the Ahafo Gold Mine in Ghana, owned and operated by Newmont. The contract will generate revenue of approximately USD$8 million over a period of 12 months. This extends African Mining Services’ relationship with Newmont at the Ahafo Gold Mine where African Underground Mining Services (a 50/50 joint venture between Ausdrill Limited and Barminco Limited) is also carrying out work at the Subika underground project.

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African Mining Services (AMS) is an operational company owned by Ausdrill Limited that offers competitive contract surface mining services to the mining industry throughout Africa.

With a strong client focus AMS offers safe and cost effective load and haul, drill and blast, grade control drilling, pit dewatering, crusher feed, stock pile re-handle, associated civil earthworks and wet and dry plant/equipment hire to the African mining industry. In addition AMS provides an exploration drilling service through a modern and well maintained fleet of reverse-circulation, diamond and rotary air blast/core drilling rigs.

In order to respond to all client requirements AMS apply dedicated personnel management, including a culture committed to the training and progression of African Nationals for industry development, core industry skills with the right experience and a well maintained fleet of equipment with specific equipment capabilities. All of which add significant value.

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