SWK
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Company News
Swick Mining Services increases its order book to $353m
Mining contractor Swick Mining Services (ASX: SWK) has continued it recovery after announcing this morning its order book now totalled $353 million. The boosted order book is a result of contract extensions and Silver Lake Resources (ASX: SLR) selecting Swick as the preferred tenderer for underground core drilling services at Mount Monger in Western Australia. […]
Cost re-focus results in strong quarterly performance for Swick Mining Services
Western Australia-based contractor Swick Mining Services (ASX: SWK) has followed up its December performance with strong unaudited results for the first three months of 2019, driven by a strategy of re-setting market rates and targeting lower operating costs. The company’s drilling business posted a 58% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) […]
Swick Mining continues on road to recovery with strong quarterly performance
Perth-based contractor Swick Mining Services (ASX: SWK) has continued its recovery post-industry downturn with a spike in earnings for the three months to December 2018. The company posted an unaudited drilling business revenue this week of $37.7 million (up 8% on the previous corresponding period); earnings before interest, tax, depreciation and amortisation of $9.5 million […]
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