Latest Contract Management News

Macmahon Holdings has been appointed as the preferred underground mining contractor for Medallion Metals’ Ravensthorpe Gold Project, locking in a $240 million, three-year deal starting December 2026.

Parkway Corporate delivered a record $7.25 million quarterly revenue and $0.54 million EBITDA, powered by a major water infrastructure contract. The company progressed key approvals for its Queensland Brine Management Complex and struck a strategic collaboration with Hitachi to develop advanced brine concentration technology.

Anax Metals has kicked off Front-End Engineering Design for its Whim Creek Copper Project, setting the stage for a Final Investment Decision by the end of 2026. The project, boasting a robust DFS with a pre-tax NPV7 of A$501 million and a 98% IRR, moves closer to construction amid ongoing financing talks.

Condor Energy has completed a pivotal feasibility study for its Piedra Redonda gas discovery offshore Peru, confirming a conventional development approach and underpinning ongoing commercial and financing efforts.

Blue Star Helium has dispatched its first helium production tube trailer from its Pinon Canyon Plant, marking a key milestone as the facility ramps up output and secures a new fixed-price offtake deal.

Ventia Services Group has secured a $133 million, five-year extension to manage the Australian Marine Complex-Common User Facility in Henderson, reinforcing its strategic role in maritime and defence infrastructure.

Aerometrex expands its MetroMap Partner Program, adding new industry partners and unlocking uncapped revenue growth beyond its foundational Landchecker deal.

Maronan Metals secured Mineral Development Licence 2028, unlocking underground exploration, while metallurgical tests showed gold recoveries up to 88% and copper recoveries exceeding 96%. The company expanded its drilling program and bolstered leadership amid steady progress toward mine development.

Elsight’s Halo connectivity platform has gained critical approval on the U.S. Department of War’s DCMA Blue List, enabling rapid military procurement amid a historic US$75 billion drone budget surge.

Global Lithium Resources has sharpened its focus on the Manna Lithium Project following the spin-out of its Marble Bar gold assets. The company secured crucial permitting submissions and a significant funding and offtake deal, underpinning its path to a Final Investment Decision in 2026.

Austin Engineering has renegotiated its Chile OEM contract, ending losses and setting the stage for profitability and operational turnaround in South America.

DUG Technology has resolved a US$2.1 million legal dispute with a supplier by agreeing to a US$1.5 million settlement, avoiding further court action without admitting liability.