Swick Mining Services’ underground division has renewed its contract with international miner Newmont for an additional three years.
The Perth-based drilling firm has provided services for Newmont at its Jundee gold mine in Western Australia and the Granites gold operation in the NT since 2007.
Managing director Kent Swick said the company was proud to have extended its contract with Newmont.
“Newmont have been a cornerstone client of Swick’s for many years and a raft of safety and productivity initiatives in our business have been borne by our close working relationship and mutal desire to be as efficient as possible,” Mr Swick said in a statement.
Commercial terms of the contract extension were not disclosed, but Swick said it had 12 underground rigs deployed on the two sites on a full-time basis.
At 11:10AM, WST, Swick shares were up 1.7 per cent, at 30 cents.
