Drilling and geotechnical contractor SRG Global has won A$220 million of new work with Australian gold major Northern Star Resources at three of its mines in Western Australia.
SRG will provide specialist drill and blast services, explosives management and grade control drilling at the Bronzewing gold operation over the next five years.
It has also won two-year extensions to long-term contracts at Northern Star’s Thunderbox and Carosue Dam mines, where it is providing drill and blast services, explosives management and grade control drilling.
SRG has a current market value around A$329.4m trading at 74c, up from 66.1c at the start of 2023.