Latest Australian Mining Industry News

SSH Group Ltd is set to acquire Elphinstone Mechanical Services, boosting its revenue scale and geographic reach into Queensland and New South Wales with an immediately accretive deal.

Perenti Limited has secured a 12-month extension of its underground mining services contract with Regis Resources at the Duketon Operations, increasing contract value by approximately A$180 million and extending the term to at least March 2029 without additional capital requirements.

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.

Alcoa of Australia has partnered with the federal government to overhaul the environmental approvals process for its Western Australian mining operations, committing $55 million to conservation efforts and securing operational certainty through 2045.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares in Venus Metals Corporation Limited at a 21% premium, aiming to consolidate control and potentially delist the explorer.

Altair Minerals has formally opposed BHP’s plans to use its Olympic Domain Project area for infrastructure, leading to a court-ordered mediation ahead of a December hearing.

Aquirian Limited has completed a strategic review of its Wubin Energetics Precinct and entered a framework agreement with Hongda Civil Blasting Group to establish a joint venture for an automated electronic detonator facility in Western Australia.

Greatland Resources reported robust production in the September 2025 quarter, delivering nearly 81,000 ounces of gold and over 3,300 tonnes of copper, while boosting its cash reserves by $175 million.

Victory Metals has won a $250,000 MRIWA grant to advance its North Stanmore scandium project, positioning itself amid rising global supply risks due to export controls by China and Russia.

Iluka Resources has secured a long-term supply of rare earth concentrate from Lindian Resources’ Kangankunde mine, underpinning its Eneabba refinery’s capacity and advancing Australia’s rare earth ambitions.

Boss Energy has successfully met its FY25 production guidance at the Honeymoon Uranium Operation, marking a key milestone in its ramp-up phase and positioning the company for increased output and cashflow in FY26.

Everest Metals Corporation has completed a breakthrough engineering study demonstrating 97% rubidium recovery at its Mt Edon project, advancing Australia’s entry into the global rubidium market with a patented extraction process.