Brief: Perenti Ltd Secures 5-Year Contract With Newmont At Subika

Perenti

01/05/2023 02:12

May 1 (Reuters) - Perenti Ltd  PRN.AX :
    * SECURES 5-YEAR CONTRACT WITH NEWMONT AT SUBIKA
    * UNIT AFRICAN UNDERGROUND MINING SERVICES AWARDED A$630
MILLION
CONTRACT AT GOLD MINE IN GHANA
    * UNDER TERMS OF NEW CONTRACT NEWMONT WILL ACQUIRE CURRENT
FLEET
OF UNDERGROUND EQUIPMENT ASSOCIATED WITH PROJECT
    * EXPECTS CAPITAL STRATEGY WILL HAVE SIGNIFICANT BENEFITS,
BUT
PRIMARILY WILL REDUCE CAPITAL INTENSITY OF PROJECT

Source text for Eikon:  ID:nASX42mDjD 
Further company coverage:  PRN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))