Australia's Perenti gains on underground mining contract in US

Perenti

04/02/2025 03:08

** Perenti  PRN.AX  rises 2.5% to A$1.4100, highest since
Jan. 15
    ** Diversified mining services co says its underground
mining business signed A$120 mln ($74.5 mln) contract with
U.S.-based Nevada Gold Mines, a joint venture between Barrick
Gold  ABX.TO  and Newmont Corporation  NEM.N  
    ** PRN's mining business will undertake development of
Nevada Gold Mines at its Goldrush Project
    ** Stock gains 0.9% YTD

($1 = A$1.6106)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))