Latest Mining Services News

Macro Metals has received the final tranche of a $4 million strategic placement from Paramount Earthmoving, boosting its funding and expanding Paramount’s stake to over 9%. This capital injection positions Macro Metals to advance its mining services revenue ambitions.

Riversgold has partnered with MEGA Resources to fully fund and operate mining at its Northern Zone Gold Project near Kalgoorlie, sharing profits equally and aiming to commence mining in early 2026.

Aquirian Limited reports a 16.7% revenue increase alongside key operational advances at its Wubin facility and new leadership appointments, signaling strong momentum in mining services and technology.

Estrella Resources has secured all approvals to begin maiden drilling at its Werumata limestone project, targeting a substantial 500 million tonne resource near key infrastructure in Timor-Leste.

Mastermyne Group Limited has locked in contract extensions and new agreements worth up to $51 million, reinforcing its foothold in underground coal mining services.

Mineral Resources Limited has priced a US$700 million senior unsecured notes offering at 7.000%, aiming to refinance its existing higher-cost debt due in 2027. The move signals a strategic effort to optimise its capital structure amid evolving market conditions.

Premier1 Lithium has signed a non-binding Letter of Intent with Mineral Mining Services to advance the Wadgingarra project and accelerate exploration at Yalgoo, aiming to de-risk capital and speed up development.

SSH Group has kicked off site preparation at the Mt Fisher Gold Project, setting the stage for drilling and resource upgrades that could unlock significant value from historic stockpiles and tailings.

Rumble Resources has launched a $9 million capital raise to accelerate development at its Western Queen gold and tungsten projects, targeting near-term production by late 2026. The company also highlights significant resource upgrades and seeks partners for its Earaheedy base metals project.

Orica Limited reports robust earnings growth across all segments for FY2025, underpinned by successful gas supply deals, digital expansion, and progress in hydrogen funding despite ongoing litigation costs.

Austral Resources Australia Ltd is undertaking a $40 million capital raise to restructure its balance sheet, settle key debts, and accelerate its consolidation strategy in Queensland’s copper-rich Mount Isa and Cloncurry region.

West Coast Silver Limited has launched an intensified exploration campaign at its Elizabeth Hill Silver Project following impressive initial drilling results, aiming to expand and quantify near-surface and deeper silver mineralisation.