Latest Mining Contracts News

Nelson Resources has confirmed it is in confidential negotiations for a Right to Mine contract, explaining recent unusual trading activity in its shares. The company maintains compliance with ASX disclosure rules while awaiting contract finalisation.

Toubani Resources has reported promising drill results extending gold mineralisation beyond the current Kobada resource estimate, highlighting potential for resource growth both near surface and at depth.

Mastermyne Group Limited has locked in contract extensions and new agreements worth up to $51 million, reinforcing its foothold in underground coal mining services.

Javelin Minerals has partnered with MEGA Resources to fully fund and operate the Eureka Gold Project, setting the stage for mining to begin in mid-2026. The deal includes a $4.5 million capital raise and a strategic leadership appointment to drive exploration and production growth.

Theta Gold Mines has officially begun construction at its flagship TGME Gold Mine in South Africa, securing key contracts and funding support that pave the way for production by early 2027.

Rox Resources has appointed Byrnecut Australia as the underground mining contractor for its Youanmi Gold Project, marking a key step toward production. The two-part contract will see initial exploration decline development followed by full-scale mining upon a positive investment decision.

SSH Mining Australia has entered a profit share mining agreement with High-Tech Metals to advance the Wagtail Gold Deposit, marking a pivotal step in the Mt Fisher Gold Project's development.

WestStar Industrial reports a 36% revenue decline and a $3.4 million net loss in FY25, driven by reduced activity at SIMPEC. New contract wins post-year-end signal a potential turnaround for FY26.

Mastermyne Group has received a Letter of Intent to extend its underground mining contracts with Anglo American Steelmaking Coal, potentially adding $31 million in revenue through April 2026.

Mastermyne Group Limited reported a tough FY2025 with significant revenue and profit declines due to external disruptions, yet strengthened its order book and cash position, positioning itself for future growth.

Alfabs Australia Limited reported a robust 76% rise in net profit for FY2025, driven by strong mining contract deliveries and engineering demand, while boosting dividends and expanding operational capacity.

NRW Holdings delivered a robust FY25 performance, posting a 12.2% revenue increase to $3.27 billion and securing a strong $6.1 billion order book. The company’s FY26 outlook remains positive with expected revenue growth and improved earnings.