Latest Mining Services News

Duratec Limited has delivered its strongest half-year performance to date, reporting record revenue and gross profit across its diversified engineering and construction services. The company’s investor briefing highlighted robust order books, strategic growth in Defence and Energy sectors, and expansion into new regional markets.

Duratec Limited’s subsidiary has secured a significant multi-million dollar contract to provide plug and abandonment services in Papua New Guinea, marking a strategic expansion in the energy services sector.

Resources & Energy Group Limited (ASX: REZ) has announced a significant upgrade to the Goodenough Gold Deposit resource at its East Menzies Gold Project, increasing contained gold by over 15,000 ounces to 61,200 ounces. The majority of the resource is now classified as Indicated and remains open for expansion.

Tolu Minerals has locked in a significant A$23.75 million investment from Indonesian heavyweights Petrindo and Petrosea, setting the stage for a major infrastructure push at the Tolukuma Gold Mine ahead of planned production in early 2027.

Arcadia Minerals reports the expiry of its exclusivity period with Hongkong Xinhai Mining Services for the Swanson Tantalum Project, as Xinhai continues its review focusing on mining cost clarifications before advancing negotiations.

MLG Oz Limited has locked in a 24-month contract extension at Northern Star’s Jundee Gold Mine, promising steady revenue and continued operational support.

Neometals Ltd has released a positive scoping study for its Ironclad gold deposit at the Barrambie Gold Project, outlining a rapid production pathway with potential output of up to 11,000 ounces of gold within a year.

Reward Minerals has executed a binding agreement to acquire the Mountain Pond Gold Project in Newfoundland, featuring high-grade gold and copper assays and no prior drilling. The company plans to commence drill testing in the 2026 field season.

Aquirian Limited has bolstered its growth trajectory with a $20 million Mt Ida contract and significant advancements in its patented Collar Keeper® system, alongside commissioning its Wubin facility.

MLG Oz Limited has extended its integrated site services contract with Westgold Resources for another year, expected to deliver around $75 million in revenue. The extension covers key mining hubs in Western Australia’s Murchison region.

Aquirian Limited advances its Drillforce subsidiary with new technology and equipment while mutually ending a planned joint venture with Topgroup, who remains a strategic shareholder.

GoldArc Resources has kicked off two major drilling campaigns at its Leonora South Gold Project, aiming to expand and de-risk its existing gold resource base through a strategic partnership and innovative funding model.