Latest Engineering Services News

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.

Brightstar Resources (ASX:BTR) has fully funded its Goldfields Project development with a $193 million equity raise and a US$120 million senior secured bond, targeting 75,000oz gold production from mid-2027 while progressing Sandstone towards a Final Investment Decision.

Nelson Resources has expanded its footprint at the Gold Point Project with new high-grade gold-silver veins and prepared for maiden drilling, while unlocking significant development potential at Yarri through mining lease grants and a $10 million funding deal.

Medallion Metals is advancing plans to refurbish the Cosmic Boy Concentrator at Forrestania, aiming to accelerate gold production and generate near-term cashflow before its Ravensthorpe ore processing begins.

ikeGPS Group delivered a strong FY26 with platform subscription revenue up 33% to NZ$19.2 million and positive underlying EBITDA in March, supported by AI-driven pricing and expanding US utility adoption.

Tivan Limited has delivered a pivotal feasibility study for its Speewah Fluorite Project, secured tranche funding totalling $16.3 million, and gained recognition from Japan and US governments as a key fluorite supplier. Concurrently, it expanded its portfolio with acquisitions and high-grade discoveries across tungsten and copper-gold projects.

Sunrise Energy Metals has confirmed strong economics for its Syerston Scandium Project with a US$120 million feasibility study, targeting 60 tonnes per year of scandium oxide and potential expansion to 180 tonnes. The project benefits from US government financing interest and rising global demand amid Chinese export restrictions.

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.

SRJ Technologies’ subsidiary ACE has secured a multi-year contract with Divetech, part of AD Ports Group, to deliver robotic inspection services across the UAE maritime network, potentially generating up to US$1.3 million over 18 months.

Sprintex Limited has secured an exclusive three-year distribution agreement with Kingsley Engineering to supply energy-efficient G-Series Jet Blowers in Bangladesh's wastewater treatment sector, backed by escalating purchase commitments.

Kairos Minerals has boosted its Mt York Gold Project resource estimate to 2.08 million ounces, marking a 50% increase in contained gold and setting the stage for an aggressive 2026 drilling and feasibility campaign.

Monadelphous Group Limited has announced new and extended contracts worth approximately $145 million across key resource sector sites in Australia and Papua New Guinea, reinforcing its longstanding industry presence.