Latest Mining Services News

Orica Limited reported a 6% increase in revenue to AUD 8.14 billion and a 23% rise in EBIT to AUD 992.2 million for FY2025, alongside record safety performance and significant strides in decarbonisation.

MLG Oz Limited has extended its contract with Rio Tinto at the Western Turner Syncline Mine by three months, adding approximately $5 million in revenue through March 2026.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

SSH Group has completed a $2.53 million strategic placement with Xinhai Mining Services, welcoming the global EPC+M+O leader as a 15.5% cornerstone shareholder and setting the stage for accelerated growth.

NRW Holdings showcased strong FY25 proforma results and ambitious FY26 guidance at the UBS Conference, underpinned by strategic acquisitions and a diversified portfolio. The company’s growth strategy focuses on expanding capabilities in energy transition and infrastructure markets across Australia, New Zealand, and North America.

Monadelphous Group Limited has landed a suite of new contracts worth approximately $140 million, extending its foothold in the Pilbara and beyond with BHP and Rio Tinto.

Lunnon Metals has secured shareholder approval for its Ore Purchase Agreement and chosen Hampton Mining as the preferred contractor for its Lady Herial gold open pit, moving closer to operational commencement pending regulatory permits.

Larvotto Resources has appointed PYBAR Mining Services to undertake extensive underground development at its Hillgrove Antimony-Gold Project, paving the way for production to commence in 2026.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

De.mem Limited has completed its $3 million acquisition of Core Chemicals, a specialty chemical supplier to Western Australia's gold mining sector, significantly expanding its market footprint and boosting pro-forma EBITDA to $1.6 million.

Aquirian Limited has completed a strategic review of its Wubin Energetics Precinct and entered a framework agreement with Hongda Civil Blasting Group to establish a joint venture for an automated electronic detonator facility in Western Australia.

Babylon Pump & Power reports a robust start to FY26 with strong rental segment growth and successful integration of two acquisitions, driving a $1.6 million net operating cash inflow.