• Develop awarded A$200m underground development contract with OceanaGold
• 5-year contract to establish access tunnels at OceanaGold's Waihi North Project in New Zealand
• Contract to commence in H1 2026, with Develop mobilizing a local workforce and in-house mining specialists

Develop Global Limited (ASX:DVP) has been awarded a A$200 million underground development contract to establish access tunnels at OceanaGold's Waihi North Project in the North Island of New Zealand. The five-year contract will start in the first half of 2026, with Develop using the intervening period to start mobilisation activities including establishing a local workforce which will be complemented by Develop's in-house team of highly experienced underground mining specialists. OceanaGold is a Toronto Stock Exchange-listed gold and copper producer with a market capitalisation of C$8.8 billion (A$9.6b). It has a portfolio of four operating mines around the world. Develop Managing Director Bill Beament said the contract reflects the strength and depth of Develop's Mining Services division, which includes some of the most experienced underground mining specialists, and that the company is delighted to be working with the highly regarded multi-national mining house OceanaGold.