Australia's Saunders International rises on $17 million contract

Saunders International

19/05/2025 02:37

** Saunders International SND.AX rises as much as 1.9% to A$0.8; marks biggest intraday pct gain since April 14

** Engineering co secures contract to construct eight carbon-in-leach (CIL) tanks, interconnecting launders and seven process tanks for A$27 mln ($17.3 mln)

** Order from Primero at Kalgoorlie Consolidated Gold Mines

** SND down 22.3% this year, as of last close

($1 = A$1.5605)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))