Australia's SRG Global jumps on contract with Northern Star Resources

SRG Global

02/02/2023 02:25

** Shares of Australia's SRG Global Ltd   SRG.AX  rise as
much as 3.5% to A$0.740 
    ** Stock eyes best day since Jan. 18, if gains hold 
    ** The industrial services firm says it has secured a
five-year term contract with Northern Star Resources Ltd
 NST.AX  at its Bronzewing gold operations in Western Australia
for A$220 mln ($157.17 mln)
    ** Adds contract work includes provision of specialist drill
and blast services, explosives management, among others 
    ** About 367,984 shares change hands compared with the
30-day moving average of 316,922 shares 
    ** SRG has risen 3.6% this year, as of last close
($1 = 1.3998 Australian dollars)
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))