Australia's Develop Global rises on $132 million contract win

Develop Global

19/12/2025 01:01

** Develop Global DVP.AX climbs as much as 6% to A$4.44, highest since October 14

** Stock set for its best week since December 4

** Base metals explorer wins A$200 million ($132.2 million) underground development contract to establish access tunnels at OceanaGold's Waihi North Project in New Zealand

** DVP gains 88.9% YTD

($1 = A$1.5124)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))