Latest Construction News

Sarytogan Graphite Limited has received over $2 million from key investor Dias Sarsenov, advancing its share placement strategy and preparing for a pivotal board appointment. Meanwhile, a significant top-up investment from the EBRD awaits shareholder approval.

Worley has received the Full Notice to Proceed from Venture Global for Phase 2 of the CP2 LNG export project in Louisiana, marking a significant milestone following Venture Global’s Final Investment Decision.

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.

Hazer Group has inked a non-binding graphite offtake agreement with Green Steel of WA, marking a significant step in supplying low-emission steel production with up to 85,000 tonnes over 10 years.

Austal Limited has addressed ASX concerns over its half-year financial report, confirming compliance with accounting standards despite a qualified audit opinion linked to US Department of Defense contractual relief revenue.

Western Gold Resources has formalised critical road access agreements enabling ore haulage from its Gold Duke Project to nearby processing facilities, marking a significant step forward in project development.

Viridis Mining and Minerals has raised AU$25 million through a heavily oversubscribed placement, bolstering its cash position to approximately AU$76 million as it advances the Colossus Rare Earth Project towards a Final Investment Decision in Q3 2026.

Hillgrove Resources has reported significant new copper-gold mineralisation at its Kanmantoo Copper Mine, with drilling confirming extensions at Nugent and Nugent East. Development progress and positive cash flow underpin ambitious production targets.

Broken Hill Mines reveals a large, continuous zone of exceptionally high-grade silver-lead-zinc mineralisation at its Pinnacles Mine, with grades soaring up to 1,556g/t AgEq. The discovery bolsters plans for accelerated underground development alongside near-term open pit operations.

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.

BCI Minerals confirms the Mardie Salt and Potash Project remains on track for first salt shipment in the second half of 2026, supported by binding offtake agreements and a positive salt price outlook driven by supply shortfalls in Asia.

Redcastle Resources has reported promising high-grade gold intercepts from a broad spaced drilling program, revealing a potential westward extension of the Redcastle Reef mineralisation beyond its current footprint. This discovery opens new avenues for resource growth and mine planning flexibility.