Latest Mining Services News

MLG Oz Limited lifted net profit after tax by 19.2% to $14.5 million, supported by stronger crushing and screening services and renewed contracts with key mining clients.

Emeco Holdings posted a 5% rise in operating NPAT for FY26, strengthened its balance sheet with net debt down to $127 million, and launched a 10% on-market share buy-back while advancing its net zero emissions strategy.

Lycopodium Limited reported a solid FY26 with $377.5 million revenue, a slight profit dip, and a 69% dividend hike, while setting sights on accelerated growth in the Americas.

Critica Limited is reshaping its Mt Lindsay Tin-Tungsten Project with an innovative underground mining approach, aiming to reduce surface disturbance and integrate environmental and commercial factors amid strengthening commodity prices.

Lycopodium Limited has won a A$37 million EPCM contract to develop a new silver oxide processing plant at Bolivia’s San Cristóbal Mine, aiming to boost silver production alongside existing operations.

Andel Resources has exercised its option to enter a binding Right to Mine Agreement with Reach Resources, committing to fully fund mining and processing at the Murchison South Gold Project in Western Australia.

Macmahon Holdings delivered a tenth consecutive year of growth with revenue up 7.9% to $2.6 billion and net profit after tax soaring 36.8% to $101.1 million, underpinned by strong contract wins and operational discipline.

Forrestania Resources has awarded a significant A$27 million contract to MEGA Resources for the initial open pit mining phase at its Tycho Gold Project, marking a pivotal move from development to production.

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

Macmahon Holdings has been appointed as the preferred underground mining contractor for Medallion Metals’ Ravensthorpe Gold Project, locking in a $240 million, three-year deal starting December 2026.

Black Horse Mining Limited completed an $8 million IPO and acquired an 80% stake in the Mt Egerton Gold Project holder. The company reported a $5.87 million loss for FY26, driven by exploration costs and significant share-based payments.

Coronado Global Resources posted a strong operational rebound in Q2 2026, returning to positive EBITDA and advancing a strategic reset at its Curragh mine while completing Buchanan expansion.