BUZZ-Australia's Perenti gains on underground mining contract in US

Perenti PRN.AX rises 2.5% to A$1.4100, highest since Jan. 15

Diversified mining services co says its underground mining business signed A$120 mln ($74.5 mln) contract with U.S.-based Nevada Gold Mines, a joint venture between Barrick Gold ABX.TO and Newmont Corporation NEM.N

PRN's mining business will undertake development of Nevada Gold Mines at its Goldrush Project

Stock gains 0.9% YTD

($1 = A$1.6106)