Brief: Perenti Ltd Secures Contract Extension At IGO's Flying Fox Mine

Perenti

13/04/2023 02:17

April 13 (Reuters) - Perenti Ltd  PRN.AX :
    * SECURES CONTRACT EXTENSION AT IGO'S FLYING FOX MINE
    * CONTRACT EXTENSION IS EFFECTIVE 1 JANUARY AND HAS A VALUE
OF
A$30 MILLION OVER NINE-MONTH TERM
    * HAS BEEN AWARDED A NINE-MONTH CONTRACT EXTENSION AT FLYING
FOX
MINE WHICH IS OWNED AND OPERATED BY IGO
    * DOES NOT FORECAST THAT AWARD OF CONTRACT WILL IMPACT ITS
CURRENT
FY23 GUIDANCE RANGE
    * "IN AUSTRALIA, LABOUR MARKET IS STILL TIGHT, AND INFLATION
AND
COST ESCALATION REMAINS STUBBORNLY PERSISTENT"

Source text for Eikon:  ID:nASXbHXc9j 
Further company coverage:  PRN.AX 

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