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Perenti Global ( (AU:PRN) ) just unveiled an update.
Perenti Limited announced the extension of Barminco’s underground mining contract with Regis Resources at the Duketon Operations in Western Australia. The contract extension, valued at approximately A$180 million, adds an additional 12 months to the agreement, continuing until March 2028, and includes underground development, production, and support services without the need for new growth capital. This alliance agreement provides long-term planning certainty and reinforces the strong relationship between Perenti and Regis Resources, one of Australia’s leading gold producers.
More about Perenti Global
Perenti is an ASX-listed diversified mining services group involved in contract mining, drilling services, and technology solutions. With its headquarters in Perth, Australia, the company operates across four continents and focuses on creating value and certainty for investors, clients, employees, and communities.
YTD Price Performance: -2.67%
Average Trading Volume: 3,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $777.4M
Learn more about PRN stock on TipRanks’ Stock Analysis page.
