Latest Mining Services News

Bowen Coking Coal Limited (BCB) has responded to ASX inquiries about its liquidity challenges, working capital needs from transitioning to an owner-operator model, and deteriorating operating margins, affirming compliance and financial viability despite market pressures.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

Capricorn Metals capped FY25 with a strong Q4 at Karlawinda, delivering gold production at the upper guidance range while pushing forward major development milestones.

NRW Holdings has secured a $167 million contract from Rio Tinto to deliver critical earthworks and infrastructure at the Brockman Syncline 1 mine in Western Australia’s Pilbara region.

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.

Aquirian Limited has secured $5 million in fresh capital to upgrade its Wubin emulsion facility and accelerate commercialization of its innovative Collar Keeper® technology, alongside a new $1.5 million tolling contract.

Perenti’s underground mining arm, Barminco, has won a significant three-year contract with Westgold Resources at the Great Fingall project, boosting its Australian mining portfolio and promising steady revenue growth.

New Murchison Gold Limited has secured all key approvals and mobilised equipment for mining at its Crown Prince Gold Project, with first ore delivery expected by September 2025. The company also announced a $15 million capital raise to support its transition from explorer to producer.

Develop Global Limited has launched a A$180 million equity placement to fast-track production and extend mine life at its Woodlawn and Sulphur Springs projects, positioning itself as a leading copper and base metals player on the ASX.

Develop Global Limited has raised $180 million through a well-supported institutional placement to accelerate development at its Sulphur Springs and Woodlawn projects, aiming to extend mine lives and capitalize on new partnership opportunities.

Capricorn Metals has extended its mining contract with MACA Ltd for Karlawinda and named MACA preferred contractor for Mt Gibson, locking in cost certainty and supporting production growth.

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.