Latest Mining Services News

Barminco, Perenti's underground mining arm, has landed a significant A$850 million contract at Bellevue Gold Project, expanding its Australian footprint and requiring A$75 million growth capital in FY27.

Australian Mines has reaffirmed strong economics for its Flemington Scandium Project, highlighting a robust 28-year mine life and significant leverage to scandium price scenarios.

Aquirian Limited has secured $8 million through a strongly supported placement to accelerate growth of its Drillforce business and support a major $48 million contract at the Lord Byron mine.

Neometals is pivoting towards gold production with a funded JV at its Barrambie Ironclad deposit, while simultaneously progressing a substantial lithium-potash brine project in Utah.

Reward Minerals has identified new untested gold and copper anomalies at its Mountain Pond Project in Newfoundland, gearing up for maiden drilling in 2026 with local contractor support and strategic acquisitions underway.

Ariana Resources has sealed a $1 million metallurgical drilling contract with Hongkong Xinhai to push forward its Dokwe Gold Project feasibility study in Zimbabwe, alongside multiple technical programs including geotechnical drilling and water management studies.

NRW Holdings has reaffirmed its FY26 guidance with revenue expected between $4.1 billion and $4.2 billion and underlying EBITA of $275 million to $285 million, supported by a robust $7.5 billion order book and strategic acquisitions in energy transition and digital innovation.

Southern Cross Gold has awarded PYBAR Mining Services the contract to build an underground exploration decline at its Sunday Creek project, enabling a near doubling of drilling rigs and positioning the project as a global pre-development drill-out leader.

Arcadia Minerals (ASX: AM7) has denied possessing any undisclosed information following a sharp rise in its share price and volume. The company retracted parts of a recent market update related to its negotiations with Xinhai Mining Services and confirmed compliance with ASX disclosure rules.

SSH Group Ltd is set to acquire Elphinstone Mechanical Services, boosting its revenue scale and geographic reach into Queensland and New South Wales with an immediately accretive deal.

MLG Oz Limited has locked in a five-year extension with Newmont’s Tanami Operations, promising $200 million in revenue and reinforcing its role as a key integrated mining services provider.

Nexus Minerals has formalised a partnership with Macro Gold Mining Services to develop the Crusader-Templar gold deposit, marking a key step towards production backed by recent permitting and a profit-share funding model.