Latest Construction News

Fredon, NRW Holdings’ electrical and mechanical arm, has landed contracts worth around $160 million spanning major infrastructure, health, and electric vehicle projects across Australia, with work scheduled through to mid-2028.

SKS Technologies has boosted its Melbourne data centre contract to $210 million, reflecting a significant project scope increase and reinforcing its position in the Australian data centre infrastructure sector. The company is also advancing its NSW footprint with a new $3 million electrical upgrade contract.

Antilles Gold has secured $2 million through a share placement to a Chinese investor, strengthening funding for the Nueva Sabana mine construction in Cuba. The capital injection increases the joint venture loan and highlights ongoing financial manoeuvres ahead of mine commissioning.

Minbos Resources has secured a US$5.48 million debt facility from Banco de Fomento Angola, complementing a prior US$16 million loan from South Africa’s IDC, ensuring full funding to complete construction of its Cabinda Phosphate Fertilizer Plant.

Audalia Resources is set to raise $450,000 through a share placement aimed at funding critical mining design and permit work for its Medcalf Project, supporting its path toward development.

AIC Mines reported a strong March quarter with Eloise copper production exceeding guidance at lower costs amid steady progress on its processing plant expansion and Jericho underground development.

Genesis Minerals posted robust March quarter results with 67,497oz gold production and a cash pile nearing A$600 million, while accelerating development at Tower Hill and preparing to close a transformative A$639 million acquisition of Magnetic Resources.

Fletcher Building posted a mixed quarterly volume update for Q3 FY26, with gains in light building products and distribution offset by weakness in heavy materials. The recent Middle East conflict adds new supply chain and cost pressures, complicating the outlook.

Contact Energy’s March 2026 report reveals a solid rise in electricity and gas sales alongside a notable decline in generation costs, driven by increased renewable output and strong hydro storage levels.

Noronex completed maiden drilling programs at key uranium and copper projects while bolstering its cash position through strategic asset sales. The company also formalised a 51% stake in its Etango North uranium project and navigates a CEO transition.

Andromeda Metals has wrapped up the Early Works phase at its Great White Project, setting the stage for construction and trimming the equity funding needed for the next development stage to about $40 million.

Larvotto Resources is progressing the Hillgrove Antimony-Gold Project on time and budget, aiming for mid-2026 production amid rising strategic demand for antimony. The project benefits from grid power, ongoing drilling success, and government support for critical minerals.