Latest Mining Services News

GoldArc Resources has kicked off two major drilling campaigns at its Leonora South Gold Project, aiming to expand and de-risk its existing gold resource base through a strategic partnership and innovative funding model.

Orica reports solid first-half earnings growth led by digital and specialty chemicals, while launching a $100 million cost reduction program to navigate supply disruptions and litigation headwinds.

Albright Metals has completed the sale of part of its Bryah Basin tenements to Catalyst Metals, securing $1 million in cash and shares to advance its Golden Pike gold and antimony project in Canada.

RBR Group Limited narrowed its half-year loss to $588,746 as Mozambique LNG project activities resumed, underpinning cautious optimism amid ongoing funding challenges.

GoldArc Resources has locked in a strategic drilling services agreement with MMS for its Leonora South Gold Project, enabling up to A$750,000 of drilling fees to be paid in shares. This innovative deal preserves cash and aligns contractor incentives with the project’s long-term success.

SSH Group Ltd has reported a remarkable turnaround in its half-year results, with revenue climbing 25% and net profit soaring over 3300%, driven by strong mining sector activity and operational efficiencies.

GR Engineering Services has been named preferred contractor for the $225 million Tower Hill Gold Project near Leonora, marking a significant milestone in its mining sector portfolio.

Perenti Limited reported steady half-year revenue of $1.73 billion with a 10.9% increase in net profit, underpinned by a $300 million Dalgaranga contract and growing drilling services in the US. The company also announced an unfranked interim dividend and a CEO transition underway.

Flynn Gold has initiated its first diamond drilling program in nearly 80 years at the Silver King prospect in Western Tasmania, aiming to test high-grade silver-lead-zinc mineralisation along a historically rich trend. This staged program seeks to validate and extend historical findings with modern exploration techniques.

Aquirian Limited has reported a strong rebound to profitability in the half year ending December 2025, driven by robust revenue growth and strategic partnerships that position it for expansion in mining services.

Mineral Resources Limited reports a dramatic turnaround with a $573 million half-year profit, driven by Onslow Iron’s ramp-up and stronger lithium markets. The company reaffirms FY26 guidance amid strategic joint ventures and balance sheet strengthening.

NGE Capital Limited reported a remarkable 148% increase in profit after tax for the year ended 31 December 2025, driven by strong gains in uranium and mining investments. The company’s net tangible asset backing per share rose 25.7%, reflecting robust portfolio performance amid a volatile macroeconomic backdrop.