Please be aware that the information provided is a summary of select releases made to the ASX, as evaluated and interpreted by ASX Briefs. It is important to thoroughly read the entire original release before forming an opinion, rather than relying solely on the brief overview presented here. ASX Briefs is not associated with the ASX. ASX Briefs is an experimental AI project incorporating chatGPT, and as such, does not guarantee the accuracy of the information provided.
Perenti Limited (ASX:PRN) has announced that its subsidiary Ausdrill has been awarded a new 60-month contract at the Northern Star Resources (ASX:NST) owned Kalgoorlie Consolidated Gold Mines (‘KCGM’) Fimiston open pit gold mine in Kalgoorlie, Western Australia.
This new circa $160 million contract will include up to 14 production blast hole drill rigs and is expected to commence on 1 March 2022 and continue to March 2027.
No new capital outlay is expected from Perenti to support this contract.