Latest Mining Services Sector News

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Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration, prompting MinRes to prepare for a significant non-cash impairment in its FY25 results. The unfolding administration process raises questions about the future of RDG and its impact on MinRes shareholders.
Maxwell Dee
Maxwell Dee
28 July 2025
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.
Victor Sage
Victor Sage
17 July 2025
Macmahon Holdings has locked in a new $550 million syndicated debt facility, extending maturity to 2029 with improved terms and robust bank backing. This refinancing positions the company for strategic growth while maintaining a conservative liquidity stance.
Maxwell Dee
Maxwell Dee
20 June 2025
SSH Group has raised $2.75 million in a placement anchored by mining sector heavyweight Ross Stewart Norgard, aiming to accelerate its mining services expansion in Western Australia.
Maxwell Dee
Maxwell Dee
12 June 2025
GR Engineering has won a $79 million contract variation to advance the King of the Hills processing plant upgrade, pushing total project value to $155 million and increasing throughput capacity significantly.
Maxwell Dee
Maxwell Dee
5 June 2025
Perenti’s African Underground Mining Services has locked in a five-year, A$1 billion contract to provide underground mining services at Ghana’s Obuasi Gold Mine, reinforcing its strategic partnership with AngloGold Ashanti.
Victor Sage
Victor Sage
22 May 2025
Perenti’s underground mining arm, Barminco, has locked in a $500 million contract extension at the Agnew Gold Mine, reinforcing a decade-long partnership with Gold Fields and promising steady earnings.
Maxwell Dee
Maxwell Dee
19 May 2025
SSH Group has signed a binding agreement to acquire Total Contract Mining, enhancing its mining services capabilities and appointing key industry leaders to drive growth.
Maxwell Dee
Maxwell Dee
8 May 2025
MLG Oz Limited reported a robust 20.5% increase in revenue for the first half of FY2025, reaching $272.9 million, even as net profit after tax declined to $4.1 million. The company anticipates stronger growth in the second half, supported by new contracts and fleet expansion.
Victor Sage
Victor Sage
18 Feb 2025
MLG Oz Limited has delivered a robust half-year performance with a 20.3% increase in statutory revenue and stable workforce numbers, setting the stage for anticipated growth in the second half of FY2025.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Australian Food Super (AFS) has initiated a compulsory buy-out of the last remaining convertible securities in Dynamic Group Holdings Limited (DDB) following its near-total takeover. The buy-out offer aligns with an independent expert valuation, signaling the final phase of AFS's consolidation.
Claire Turing
Claire Turing
6 Feb 2025
Macro Metals Limited accelerates its transformation into a diversified mining services company through a $4 million strategic placement, a majority Indigenous-owned joint venture, and key asset acquisitions in Western Australia.
Maxwell Dee
Maxwell Dee
31 Jan 2025