Latest MLG Oz (ASX:MLG) News

MLG Oz Limited lifted net profit after tax by 19.2% to $14.5 million, supported by stronger crushing and screening services and renewed contracts with key mining clients.

MLG Oz Limited has partnered with the Marlinyu Ghoorlie Aboriginal Corporation to create a joint venture delivering mining and civil services on traditional lands in Western Australia, aiming to blend operational expertise with Indigenous authority.

Speculation ran hottest in junior resources, where drilling hits, study results and funding deals drove some extreme weekly moves. Rare earths, gold and dealmaking set the pace, while several capital raisings and acquisitions produced mixed reactions.

MLG Oz Limited has landed a significant A$70 million contract with Develop Global at the Pioneer Dome Lithium Project, marking its entry into Western Australia's emerging lithium sector with a comprehensive mining and crushing services package starting in mid-2026.

MLG Oz Limited has locked in a five-year extension with Newmont’s Tanami Operations, promising $200 million in revenue and reinforcing its role as a key integrated mining services provider.

Critical minerals and gold explorers drove the biggest moves, with OD6 Metals, Jindalee Lithium and Resolution Minerals leading the weekly board. Investors chased drill hits, fresh funding and deal news, while stocks that reopened after trading halts split between sustained buying and quick give-backs.

MLG Oz Ltd has announced three new and extended contracts with major mining companies, collectively expected to generate around $20 million in annual revenue. These include a five-year extension at Gruyere, a multi-site mobile crushing contract with Northern Star, and a civil construction project with Endurance Mining.

MLG Oz Limited has locked in a 24-month contract extension at Northern Star’s Jundee Gold Mine, promising steady revenue and continued operational support.

MLG Oz Limited has extended its integrated site services contract with Westgold Resources for another year, expected to deliver around $75 million in revenue. The extension covers key mining hubs in Western Australia’s Murchison region.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

MLG Oz Limited reported a robust HY2026 with statutory net profit after tax soaring 73.2% to $7.1 million, driven by strong demand in the gold sector and operational resilience despite early weather setbacks and a safety fine.

MLG Oz Limited has delivered a robust half-year performance with revenue climbing 6% and EBITDA soaring 24.5%, underpinned by strong gold sector demand and operational efficiencies.