Ausdrill secures $300m in Africa contracts

MINING services firm Ausdrill says it has secured more than $300 million in gold contracts in Africa.

Ausdrill, which is one of Australia's largest drilling companies, has signed three separate contracts for varying periods.

The company's subsidiary African Mining Services (AMS) has locked in a $US135 million, 36 month contract with AngloGold Ashanti in Guinea, a $US147 million five year contract with Endeavour Mining in Ghana and an $US18 million 12 month deal with Anglogold Ashanti in Ghana.

The company has also been awarded oil and gas contracts in Australia in the Cooper Basin and the South Georgina Basin.

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