Swift secures AngloGold, Atlas Iron contracts

The company signed agreements with Atlas Iron across two villages at the Miralga Creek and Sanjiv Ridge iron ore projects for on-demand communication, entertainment platforms and support.

This will start next month for a period of 36 months and include the supply of Wi-Fi internet, fibre works and data cabling.

AngloGold also extended its Swift contract for the supply of in-room entertainment and ongoing support across 1042 rooms.

The contract will take place for a period of 11 months starting this month.

The resources contracts are in addition to a contract extension with Inpex for communication, entertainment and support across two offshore vessels and 394 rooms.

The eight-month extension will start from June this year.

Though the location of the work is undisclosed, Australian Mining understands that Swift secured a three-year contract with Inpex at the Ichthys LNG project offshore Western Australia in 2017.

The new agreements amount to $2 million in value.

It comes as Swift reported a 143 per cent growth in its earnings before interest, tax, depreciation and amortisation (EBITDA) to $600,000 during the first half of the 2021 financial year.

The company experienced a negative $1.4 million in EBITDA in the prior corresponding period.