Ausdrill secures $171 million mining services contract

Company News

by Anna Napoli

Ausdrill (ASX:ASL) has won a number of mining services contracts in Western Australia worth $171 million.

The deal includes a three-year underground mining services contract from Regis Resources to Ausdrill subsidiary Barminco worth around $113 million.

Barminco will perform development and production work at Regis' Rosemount project, which is part of the Duketon operation.

Ausdrill Managing Director, Mark Norwell says the new projects demonstrate the diversity of the expanded Ausdrill group across different projects and resources .

Shares in Ausdrill (ASX:ASL) are trading 4.23 per cent higher a $1.35.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.