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Develop Global Limited (ASX:DVP)

ALERT: Price-sensitive ASX Announcement for DVP
Current share price for DVP : $5.830 1.64 (39.14%)+
Announcement
Release
19 Dec 2025 9:06AM
Price at Release
$4.190
Full Release
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Summary
Develop Global Limited has secured a five-year A$200 million contract with OceanaGold for the development of underground access tunnels at the Waihi North Project in New Zealand, starting in the first half of 2026. This contract signifies the strength of Develop's Mining Services division and is expected to leverage both their experienced in-house team and a local workforce. The project is significant for OceanaGold, a major global gold and copper producer, and represents a key collaboration with Develop Global.
Key Points
  • Develop Global Limited awarded a A$200m contract by OceanaGold.
  • The project involves developing underground access tunnels at Waihi North Project.
  • The contract is for five years starting first half of 2026.
  • Develop will mobilize a local workforce complemented by its team of specialists.
  • OceanaGold is a Toronto Stock Exchange-listed company.
  • The project reflects the strength of Develop's Mining Services division.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.