Perenti Global Limited announced that AMAX, a joint venture between Perenti's surface mining business and MAXMASS Limited, has been awarded a new ~$470 million (100% share), five-year contract at AngloGold Ashanti's Iduapriem gold mine in the Western Region of Ghana. Perenti work in hand will increase by ~$280 million (Perenti share) over the term of the contract and is expected to commence immediately. The new contract is structured as a 60:40 joint venture agreement between AMS and MAXMASS and represents AMS's significant and ongoing commitment to developing and expanding the capacity and capability of local partners.