Latest Mining Services News

TerraCom Limited has extended the life of its Blair Athol Mine to 2033, supported by a robust 2025 JORC Code Resource and Reserve update. This reinforces the mine’s status as a low-cost, long-life asset underpinning stable cash flow and growth potential.

Austral Gold has resumed commercial production at its Casposo Mine in Argentina after completing a significant plant refurbishment, aiming to boost its output alongside operations in Chile.

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Mitchell Services Limited delivered a robust Q1 FY26 performance, marked by a 68% jump in EBITDA and a dramatic 93% reduction in net debt. The company’s strategic investment in a decarbonisation joint venture signals a forward-looking growth trajectory.

Western Gold Resources has secured key approvals, funding, and contracts to fast-track its Gold Duke Project in Western Australia towards near-term gold production.

Perenti Limited has announced a planned succession for its Managing Director & CEO, Mark Norwell, who will step down in 2026 after steering the company through a transformative growth phase. The board is actively searching for a successor to continue this momentum.

Bryah Resources has reported its highest-grade antimony rock chip samples to date from the Bond Road Prospect, alongside significant gold assays from the Vail Road Gold Deposit, paving the way for drilling programs starting November 2025.

Macro Metals Limited confirms key permitting milestones and advances offtake negotiations for its Extension Iron Ore Project, targeting construction readiness by late 2026.

Pacgold Limited has agreed to acquire the White Dam Gold Operation in South Australia, unlocking near-term gold production and cash flow with minimal upfront capital. The acquisition complements its Queensland projects and sets the stage for growth.

Capricorn Metals delivered a robust start to FY26 with record quarterly gold production at Karlawinda, while advancing major expansion projects on schedule and within budget.

Flynn Gold’s re-sampling of historical drill core at its Firetower Project in northwest Tasmania confirms significant polymetallic gold-cobalt-tungsten mineralisation, highlighting critical metals essential for the energy transition.

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.