Australia's Perenti at one-month high on $127-million contract extension

Perenti

08/04/2026 04:27

** Shares of Australia's Perenti PRN.AX rise as much as 5.5% to A$2.11, their highest level since March 11

** The global miner says its unit Barminco extends existing contract with Regis Resources RRL.AX for underground mining services at Duketon Operations in Australia

** Extension sees Barminco deliver services at Duketon for about A$180 million ($126.88 million) until at least March 30, 2029

** Perenti stock down 24.7%, YTD

($1 = 1.4186 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))