Latest Mining Sector News

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Babylon Pump & Power has locked in a $21.15 million debt facility with NAB to refinance existing loans and support recent acquisitions, positioning the company for expanded operations.

Image Resources NL is broadening its project development focus beyond the newly commissioned Atlas mine, aiming to mitigate regulatory risks and ensure operational continuity through multiple potential mining projects.

Morella Corporation has publicly disputed Wildcat Resources’ recent Pre-Feasibility Study for the Tabba Tabba Project, highlighting unacknowledged overlaps with joint venture tenements and reserving legal rights.

Dragon Mountain Gold Limited has responded to an ASX price query following a sharp share price increase, denying any undisclosed information and confirming compliance with continuous disclosure rules.

Receivers and Managers have been appointed over Bowen Coking Coal and its subsidiaries following voluntary administration, as the company explores sale and recapitalisation options while maintaining operations.

Alpha HPA Limited has issued shares and options to the Port Curtis Coral Coast Aboriginal Peoples Charitable Trust, reinforcing its commitment to First Nations economic participation and satisfying key debt funding conditions.

Alara Resources Limited has addressed an ASX query regarding the late filing of a director's interest notice, attributing the delay to complexities in share ownership disclosure. The company confirms existing compliance arrangements remain robust.

Syrah Resources has successfully completed a A$42 million institutional placement and entitlement offer, with a fully underwritten retail offer set to raise a further A$28 million, bolstering its capital for key operations.

Duratec Limited has acquired EIG Australia for up to $9 million, significantly boosting its fuel infrastructure and electrical services capabilities across key Australian sectors including Defence and Mining.

FBR Limited has secured a significant $7.8 million memorandum of understanding for its Hadrian X® robotic bricklayer and launched a new DST®-enabled welding robot, Mantis, while advancing automation projects with Samsung Heavy Industries.

BPH Global has transitioned from development to early commercial sales in its Indonesian seaweed operations, securing key offtake agreements and advancing multiple R&D projects. The company also raised $609,000 in fresh capital, positioning itself for growth in sustainable biotech markets.