Latest Mining Services News

Macro Metals Limited has secured shareholder approval for a A$5.3 million budget to push the Extension Iron Ore Project in Western Australia towards mine construction readiness, marking a significant step in its development.

Ore Resources has identified a significant 2km gold-in-soils anomaly at its Miriam Project in Western Australia, highlighting multiple high-priority targets ahead of a major drilling campaign.

Arcadia Minerals has secured a binding term sheet with Hongkong Xinhai Mining Services, granting Xinhai an exclusive option to advance the Swanson Tantalum Project in Namibia towards production through a strategic partnership and investment.

Nyapiri Macro Mining, a majority Indigenous-owned mining services company, has locked in a multi-year framework agreement with BHP, promising streamlined operations and enhanced Indigenous participation at the Mt Goldsworthy site.

Riversgold has locked in a full funding and operational deal with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also advancing exploration in Canada and raising $2 million to fuel growth.

Ariana Resources has secured A$8 million in funding from Hongkong Xinhai Mining Services Ltd to accelerate its flagship Dokwe Gold Project in Zimbabwe, while progressing drilling and production milestones at its Tavşan Gold Mine in Türkiye.

BMG Resources is advancing its Abercromby and Bullabulling gold projects with a major drilling campaign planned for early 2026, supported by a recent $2.5 million capital raise. The company aims to grow its existing mineral resources and progress towards near-term production.

Macro Metals Limited has advanced its strategic position by securing export access at Utah Point and acquiring a 27.3% stake in the Extension Iron Ore project, setting the stage for growth in FY26.

Larvotto Resources is on track for mid-2026 production at its Hillgrove Antimony-Gold Project, backed by robust drilling results, plant refurbishment progress, and promising tungsten recovery. The company also expands its copper portfolio with a strategic option on the Blockade Mine in Mt Isa.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Element 25 Limited has made significant strides in advancing its Butcherbird Expansion Project in Western Australia, securing $60 million in funding and progressing key engineering and contract milestones. Simultaneously, the company moves closer to finalising financing for its US-based battery-grade manganese refinery.

SSH Group Ltd reported a robust December quarter with a 31% revenue increase, driven by strong mining and hire division performances. The company advanced its Wagtail Gold Deposit development and secured a $2.53 million strategic placement with Xinhai Mining Services, positioning itself for growth in 2026.