Australian mining services provider Perenti (ASX: PRN) said on Thursday its Surface Mining Industry Sector Group (ISG) has been awarded $155.5 million in new and extended contracts.
The new work, extensions, and expansion of scope is across ten projects, including a 3-year contract for drilling services with Boggabri Coal Operations at its Boggabri Mine in New South Wales, a 3 year contract extension with a major iron ore producer at Western Australian and an equipment hire agreement with E&P at Gold Fields’ Damang Mine in Ghana.
Perenti managing director Mark Norwell said the contracts reflected company’s ability to deliver value for its clients by performing quality work across the Group’s diverse Surface portfolio.
“We have been targeting a strong pipeline of surface and underground work and I am pleased we continue to convert these opportunities into secured contracts across a range of different projects in both Australia and Africa,” Norwell said.
“These latest awards add to $165 million in surface work we announced in December 2019 and the $200 million contract we recently announced for our Underground ISG.”
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