Latest Contract Finalisation News

Frontier Energy has executed all major fixed-price contracts for Stage One of its Waroona Renewable Energy Project, securing tier-one suppliers and unconditional grid connection to de-risk delivery of its 132MW solar and 81.5MW battery facility.

Tanami Gold’s Central Tanami Project Joint Venture has inked a $38 million contract with Macmahon to build a 3.5km underground decline, setting the stage for a major resource upgrade and development decision in 2027.

Electro Optic Systems (ASX:EOS) reported a record first half in 2026 with revenue soaring 283% to A$168.8 million, driven by the MARSS acquisition and expanding defence contracts. The order book jumped 84% to A$846 million, underpinning a bullish outlook amid a global defence spending surge.

KGL Resources has completed a A$300 million equity raise, fully funding the Jervois Copper Project through construction and into production, with key contracts signed and development activities underway.

GR Engineering Services has locked in a $275 million EPC contract for the Yitirrti Copper-Silver-Zinc Project, reinforcing its position as a leading Australian minerals processing contractor.

Invictus Energy has locked in a revised drilling contract with Exalo Drilling for the Musuma-1 exploration well, confirming a November 2026 spud date at Zimbabwe's Cabora Bassa Project. Preparations including rig maintenance, well services procurement, and wellpad construction are advancing steadily.

Evolution Energy Minerals (ASX:EV1) has received official clearance from Tanzania’s Mining Commission to finalise its maiden drilling contract at the Chikundo Copper Project, advancing its local content strategy with three fully Tanzanian-owned contractors shortlisted.

Taruga Minerals' preliminary metallurgical testwork at the Weioko Gold Deposit reveals free-milling gold with recoveries exceeding 90% across grades, and silver emerging as a significant co-product, setting a solid technical foundation for upcoming drilling.

KGL Resources has secured comprehensive funding for its Jervois Copper-Silver-Gold Project, combining a US$300 million streaming deal and a A$300 million equity raise, positioning the project for construction start in Q3 2026 and first copper output in 2028.

Evolution Energy Minerals (ASX:EV1) is poised to begin its maiden drilling campaign at the Chikundo Copper Project, while advancing a modular development plan for its Chilalo Graphite Project targeting first production in 2027.

Rox Resources has secured full permits and major contracts to push forward construction at Youanmi, with mining and processing plant works advancing towards a mid-2027 gold pour.

Norwood Systems lifted FY26 customer cash receipts to a record A$2.327 million, driven by multiple Tier-1 carrier contracts and successful AI pilot completions in Australia and the UK.