Perenti Secures AU$185 Million in Drilling Contracts
MT Newswires Live
Sep 29
Perenti (ASX:PRN) has secured multiple drilling contracts across Australia, the US and Canada for its Ausdrill, DDH1 Drilling, Ranger Drilling, Swick Mining Services and Strike Drilling businesses, with the contracts expected to contribute about AU$185 million in revenue in fiscal 2027, according to a Tuesday filing with the Australian bourse.
The company's African Underground Mining Services has secured an initial AU$20 million contract from Endeavour Mining for exploration decline development and supporting infrastructure at the Sabodala-Massawa complex in Senegal, with a second phase subject to approval, the filing said.
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