Latest Mining Sector Growth News

SSH Group has finalised its acquisition of Elphinstone Mechanical Services, significantly boosting its industrial mining services and workforce capabilities across Western Australia and Queensland.

Sierra Nevada Gold (ASX: SNX) has received five exploration licences for its As Safra copper-gold project in Saudi Arabia, granted by Royal Decree, allowing immediate drilling with three rigs on site. The licences reflect top-level government support and align with Saudi Arabia’s Vision 2030 mining ambitions.

Patriot Resources has appointed Dominic Duggan as Managing Director and CEO, signalling a strategic push to advance its global mining projects. Duggan’s blend of technical and financial expertise is expected to steer the company through its critical development stage.

SSH Group Ltd has reported a remarkable turnaround in its half-year results, with revenue climbing 25% and net profit soaring over 3300%, driven by strong mining sector activity and operational efficiencies.

Fortuna Metals has confirmed it is exempt from Malawi’s 2025 raw mineral export ban, provided it processes rutile and graphite locally before export. This regulatory clarity positions the company to develop premium mineral products for high-value markets.

IPD Group has acquired Platinum Cables Pty Ltd for $37.5 million, enhancing its mining sector footprint and delivering an 11.5% EPS accretion in FY25 pro forma. The deal positions IPD for expanded cross-selling and deeper customer ties with Australia's largest miners.

Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.

SSH Group has completed a $2.53 million strategic placement with Xinhai Mining Services, welcoming the global EPC+M+O leader as a 15.5% cornerstone shareholder and setting the stage for accelerated growth.