04:01 AM EST, 11/03/2026 (MT Newswires) -- EPC Groupe's (EXPL.PA) Blastcon Australia signed two five-year deals with Ravenswood Gold to provide services for one of the largest gold mines in Queensland, Australia, according to a Tuesday release. In line with the first agreement, the explosives manufacturer will acquire 16 drill rigs, associated transport equipment, and personnel from Roc-Drill to use exclusively for Ravenswood's gold mine. The second contract is a binding letter of intent covering the continuation of all drilling services at the site, expected to generate an annual revenue of over 20 million euros. The asset transfer and the agreement will take effect simultaneously on Wednesday.

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