Mitchell Services Olympic Dam Contract extended

Company News

by David Murdoch

Mitchell Services Limited (ASX:MSV) has announced the material contract extension and scope increase of its underground drilling contract with BHP Billiton Limited (ASX:BHP) at its Olympic Dam mine in South Australia.

The company will supply up to 7 underground rigs and will play a big part in BHP’s (ASX:BHP) plans to expand into the high-grade southern area of the mine.

The company says the extension of the contract demonstrates its ability to execute a safe and efficient mobilisation process.

Further extension options remain available for the company.

Shares in Mitchell Services Limited (ASX:MSV) are trading flat at 3.9 cents.