BUZZ-Australia's SciDev rises on chemistry contract with Newmont

Newmont Corporation

Newmont Corporation

NEM

0.00

** Shares of SciDev SDV.AX rise as much as 8% to A$0.135, their highest level since April 21

** Company secures a three-year chemistry contract with Newmont NEM.N in relation to their Boddington Gold Operations

** Contract expected to generate A$6 million ($4.19 million)sales over a three-year term

** Contract in relation to company's dose control technology, amongst others

** YTD, shares down 70.2%


($1 = 1.4306 Australian dollars)