Group chief executive Henry Laas, according to IoL Business Report, did not identify the underground contract locations.

In addition to its deals, Laas said progress was also being made with a US oil and gas acquisition. That transaction should be complete by the end of the company’s financial year in June. No financial information was provided, though the executive said the value was not material.

The engineering and construction company focuses on underground mining, oil and gas and the water and power sectors.