Latest Energy And Mining Sectors News

Boom Logistics has upgraded its FY26 earnings guidance, anticipating a 31% rise in statutory EPS, backed by $7 million in new contracts across energy and mining sectors.

GR Production Services secures a five-year $57 million operations and maintenance contract at the Sturt Plateau Compression Facility in the Northern Territory's Beetaloo Basin, with potential extension for three more years.

Duratec Limited is set to acquire Newcastle-based Pacific Welding Australia for up to $12 million, boosting its Energy and Mining sector footprint in NSW. The deal enhances Duratec’s self-perform capabilities and access to key Hunter Region clients.

Verbrec Limited has announced a transformative acquisition of Alliance Automation, adding over $60 million in annual revenue and significantly boosting its digital and automation capabilities across Australia and New Zealand.

SRJ Technologies has landed a US$269,000 contract to supply its BoltEx flange integrity solution to a leading FPSO operator offshore Guyana, marking a strategic foothold in a key offshore energy market.

Emu NL has appointed Ian Davies, a seasoned energy sector leader, as a Non-Executive Director, signaling potential strategic momentum for the company.

Duratec Limited reported a record FY25 with revenue climbing to $573 million and EBITDA up 11.3%, driven by strong growth in Energy and Emerging sectors despite softer Defence and Mining results.

IMDEX has acquired an 80.5% stake in Norway’s Earth Science Analytics for A$26 million, integrating its AI-driven EarthNET platform to boost digital orebody knowledge across mining and energy sectors.

Viridis Mining promotes CEO Rafael Moreno to Managing Director as the Colossus Rare Earth Project advances toward production, marking a strategic leadership shift amid key development milestones.