Latest Mining Contracts News

Perenti Limited has reported a substantial beat on its FY25 free cash flow, reaching approximately A$280 million, well above its prior guidance of A$150 million, driven by asset sales and operational efficiencies.

Robex Resources reports steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025. Key construction milestones and drilling results underpin confidence in the project’s near-term potential.

MLG Oz Limited has locked in a new two-year contract with Fortescue subsidiaries to provide crushing and screening services at multiple Western Australian mine sites, reinforcing its foothold in the mining services sector.

Rox Resources reports ahead-of-schedule dewatering and compelling high-grade drilling results at Youanmi, alongside strong interest in project debt financing, signaling a clear path toward production.

Capricorn Metals capped FY25 with a strong Q4 at Karlawinda, delivering gold production at the upper guidance range while pushing forward major development milestones.

Perenti’s underground mining arm, Barminco, has won a significant three-year contract with Westgold Resources at the Great Fingall project, boosting its Australian mining portfolio and promising steady revenue growth.

New Murchison Gold Limited has secured all key approvals and mobilised equipment for mining at its Crown Prince Gold Project, with first ore delivery expected by September 2025. The company also announced a $15 million capital raise to support its transition from explorer to producer.

Capricorn Metals has extended its mining contract with MACA Ltd for Karlawinda and named MACA preferred contractor for Mt Gibson, locking in cost certainty and supporting production growth.

Lunnon Metals has completed a detailed Scoping Study for its Lady Herial gold project, highlighting a high-grade open pit opportunity underpinned by predominantly measured resources. The company is advancing commercial negotiations and regulatory approvals, setting the stage for potential near-term development.

Toubani Resources has initiated a 5,000-metre diamond drilling campaign at its Kobada Gold Project in Mali, targeting deeper mineralisation to expand its 2.2 million ounce resource and extend mine life.

Perenti Limited has landed a significant five-year underground mining contract worth approximately AUD 1.1 billion with Endeavour Mining, expanding its footprint in Burkina Faso’s high-grade Mana gold complex.

Vault Minerals has expanded its King of the Hills open pit Ore Reserve by 33%, underpinning an 18-year mine life and announcing a $92 million Stage 2 plant upgrade to increase processing capacity to 7.5 million tonnes per annum.