Swick wins Newmont rig contract

UP TO nine underground diamond drill rigs will be provided by Swick Mining Services to Newmont Mining as part of a three-year tender, the biggest contract yet awarded to the Perth-based contractor.

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The market responded favourably to the news, boosting the company’s share price to an all-time high of $1.05 in mid-morning trading before it settled at $1.00, up 23c from yesterday’s close.

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