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Swick Mining Services Ltd (SWK.AX)

SWK.AX on Australia Stock Exchange

0.29AUD
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Swick Mining Services announces contract awards
Tuesday, 29 Mar 2016 06:28am EDT 

Swick Mining Services:Awarded two new underground diamond drilling contracts by Independence group nl at their jaguar and nova mine sites.Total order book stands at approximately $130M of contracted work in hand.Upon commencement co's global rig utilisation will stand at approximately 76%.Expects to initially deploy four rigs across these properties commencing April, 2016.Contract tenure is for one year with an option to extend for another year based on mutual agreement.  Full Article

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