Business
Here’s why the Perenti (ASX:PRN) share price lifted today
The Perenti Global Ltd (ASX: PRN) share price climbed today on news the company has secured a major underground mining contract extension.
From a negative start in early trading, the Perenti share price shot up to an intraday high of $1.35 after the company announced the deal this afternoon. However, at the closing bell, its shares had slightly dipped to $1.34, up 3%.
What did Perenti announce?
The engineering company advised that its subsidiary, hard-rock underground miner Barminco, has been awarded a contract extension worth more than $200 million.
The agreement will see Barminco continue operations at Gold Field’s Agnew Gold mine in Leinster, Western Australia. The company has performed underground mining operations at the…
-
Noosa News22 hours agoTributes for woman allegedly mowed down on footpath in Maroochydore; Guilherme Dal Bo charged
-
General15 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General19 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat
-
General13 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount