African Mining Services
African Mining Services provides contract surface mining, exploration drilling, and mine development services to mining companies across West Africa and Botswana, operating one of the continent's largest fleets as a subsidiary of ASX-listed Perenti Global.
- Company typePrivate
- Founded1991
- HeadquartersAccra, Ghana
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
African Mining Services firmographics
Firmographics- Name
- African Mining Services
- Legal name
- African Mining Services Ghana Limited
- Website
- https://amsgh.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- African Mining Services provides contract surface mining, exploration drilling, and mine development services to mining companies across West Africa and Botswana, operating one of the continent's largest fleets as a subsidiary of ASX-listed Perenti Global.
- Ownership category
- akta.pro rank
African Mining Services industry classification
Industry- Product category
- Contract Surface Mining Services
- NAICS
- Support Activities for Metal Mining (213114)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)
- akta.pro secondary industries
- Mine Construction & Development Contracting (Shaft Sinking, Tunneling, Pre-Strip, Civil Works) (IMAKAKAG), Mine Maintenance & Asset Reliability Contracting (Mobile/Fixed Plant Maintenance, Shutdowns, Overhauls) (IMAKAKAF)
Keywords
Where African Mining Services is headquartered
LocationHeadquarters
- HQ city
- Accra
- HQ country
- Ghana
- HQ region
- Africa
Offices5 records
Markets served
African Mining Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Contract Mining Services: AMS generates revenue through contract mining services for open-cut mining operations across Africa. Revenue is generated from providing a full complement of services including drilling, blasting, loading, hauling, and mine development under contractual agreements with mining companies.
- Exploration Drilling Services: AMS provides exploration drilling services through its fleet of exploration rigs, generating revenue from exploration companies and mining operations requiring drilling services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Contract mining services priced based on project scope and requirements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
African Mining Services product offering
Product offeringCore offering
African Mining Services provides full contract surface mining and exploration drilling services for open-cut mining operations across West Africa. The company runs one of the largest and longest-operating surface mining contracting fleets on the continent, delivering services spanning drill and blast, load and haul, grade control, mobile crushing, pit dewatering, exploration drilling, sample preparation and mineral assaying, mine planning and scheduling, equipment hire, and asset management to major gold mining companies.
Product overview
African Mining Services (AMS) is a contract mining services company offering a comprehensive suite of surface mining services for open-cut operations throughout Africa. The company operates as part of Perenti Global Limited and runs one of the largest surface mining contracting fleets on the continent. The core offering includes Surface Mining Services as the primary product, supplemented by specialized service offerings across the mining lifecycle: Exploration Drilling, Sample Preparation & Mineral Assaying Services, Mine Planning & Scheduling, Construction of Mine-related Infrastructure, Drill and Blast, Asset Management, Grade Control, Load and Haul, Mobile Crushing, Pit Dewatering, and Equipment Hire. These services are delivered through large-scale mining fleets and specialized equipment, with support networks across Africa, Australia, and Europe.
Differentiator
Problem solved
Functional benefit
Products and services
- Surface Mining Services
Companies that use African Mining Services
Customer profileNamed customers2 records
Segments2 records
African Mining Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
African Mining Services partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered major, core, strategic and minor.
- AngloGold AshantimajorAMS, through the AMAX joint venture, has provided mining services at Iduapriem Gold Mine in Ghana since 2018. The company agreed to sell its mining fleet to AngloGold Ashanti as part of a transition plan, with proceeds of A$30m-A$40m against a contract value of approximately A$95m.
- BarmincocoreAMS is part of Perenti Group which includes Barminco (underground mining services), Mining Services, and idoba. Barminco operates across Australia, Africa, North America and Europe.
- SandvikstrategicPerenti and Sandvik collaborate in developing diesel-electric equipment for mining operations as part of decarbonization and equipment innovation initiatives.
- ABBstrategicPerenti and ABB agree to jointly explore solutions to help mining customers decarbonize operations. ABB was also awarded Cosmos electrification study at IGO's Cosmos Project.
- MinAnalyticalminorAMS subsidiary MinAnalytical provides exploration analysis, mine site production, grade control laboratories and sample preparation facilities for African mining companies through either manual or automated processes.
- Perenti Global LimitedcoreAMS is a subsidiary of Perenti Global Limited, an ASX-listed mining services group with leading capabilities in contract mining, drilling services, mining services and technology solutions. Perenti provides integrated health, safety and environment system 'One Safe, All Safe' and support functions including human resources, technology solutions (idoba), and group-wide policies.
- Sandfire ResourcesmajorAMS provides mining services at Sandfire Resources' Motheo project in Ghanzi, North-West, Botswana.
- AusdrillcoreAMS is part of the Perenti Group which includes Ausdrill. AMS accesses high-quality grade control rigs built by parent company Ausdrill. The group also operates under Ausdrill Group's Management System Framework (MSF) which is consistent with AS/NZS ISO 9001 (Quality), ISO14001 (Environmental) and AS/NZS4801 (Safety) standards.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
African Mining Services competitors and assessment
Company assessmentDirect peers
- Moolmans: South African open-pit contract mining specialist with deep West and Southern Africa presence; directly comparable in offering drill, blast, load, and haul services to gold and base-metal miners across Africa.
- Foraco International: TSX-listed global drilling services company with operations in Africa; comparable in providing exploration and resource definition drilling to mining clients across multiple African jurisdictions.
- Capital Drilling: TSX-listed exploration and production drilling contractor with operations across Africa; comparable in providing exploration drilling services to mining clients in challenging jurisdictions, including West Africa.
- Geodrill: TSX-listed West Africa-focused exploration drilling contractor; highly comparable business model focused on RC and diamond core drilling for gold and base-metal exploration in the same West African jurisdictions where AMS operates.
- Byrnecut Australia: Underground contract mining services provider with operations across Africa (including West Africa); comparable in providing mechanised mining services to gold and base-metal majors with multi-year contracts.
- Macmahon Holdings: ASX-listed surface and underground contract miner with extensive African operations; comparable in offering full-lifecycle contract mining services (drill/blast, load/haul) to major mining clients across gold and other commodities.
Broad incumbents
- Thiess: CIMIC Group subsidiary and one of the world's largest contract miners; offers surface and underground mining services globally including Africa, with comparable full-service mining solutions and large equipment fleets.
- Major Drilling Group International: TSX-listed global drilling services company offering surface and underground exploration drilling to mining clients worldwide; comparable drilling services, technology stack, and tier-one mining customer base.
- Boart Longyear: Global drilling services and products company with significant drilling services operations in Africa; comparable in providing exploration and production drilling services to mining majors, including in West Africa.
Emerging players
- DDH1 Drilling: ASX-listed drilling services contractor; comparable in providing exploration and grade control drilling services to mining clients, though smaller in scale and with less West African footprint than AMS.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
African Mining Services social profiles
Digital presenceAfrican Mining Services compliance and trust
Trust signalCompliance2 records
African Mining Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
African Mining Services leadership team
Management profileNumber of profiles
African Mining Services subsidiaries and ownership
Company hierarchySubsidiaries2 records
African Mining Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
African Mining Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about African Mining Services
What does African Mining Services do?
African Mining Services provides full contract surface mining and exploration drilling services for open-cut mining operations across West Africa. The company runs one of the largest and longest-operating surface mining contracting fleets on the continent, delivering services spanning drill and blast, load and haul, grade control, mobile crushing, pit dewatering, exploration drilling, sample preparation and mineral assaying, mine planning and scheduling, equipment hire, and asset management to major gold mining companies.
Is African Mining Services a public or private company?
African Mining Services is a private company. It is classified as corporate owned and is currently operating.
When was African Mining Services founded?
African Mining Services was founded in 1991. It employs 1,001 to 5,000 people.
Where is African Mining Services based?
African Mining Services is headquartered in Accra, Ghana, in the Africa region.
How does African Mining Services make money?
Two revenue lines are on record. Contract Mining Services are the primary driver. The others are exploration Drilling Services.
Who are African Mining Services's main competitors?
Direct peers on record are Moolmans, Foraco International, Capital Drilling, Geodrill, Byrnecut Australia and Macmahon Holdings. Broad incumbents are Thiess, Major Drilling Group International and Boart Longyear. DDH1 Drilling is listed as an emerging player.
Does African Mining Services have an API?
No public API is recorded for African Mining Services.
What industry is African Mining Services in?
African Mining Services's product category is Contract Surface Mining Services. Its primary akta.pro industry code is IMAKAKAD, Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul), with a secondary code of IMAKAKAG, Mine Construction & Development Contracting (Shaft Sinking, Tunneling, Pre-Strip, Civil Works). Its NAICS code is 213114 and its SIC code is 1000.