Latest Project Awards News

Invictus Energy is preparing to drill the high-impact Musuma-1 exploration well outside its Mukuyu discovery area, while securing National Project Status for its Cabora Bassa Project in Zimbabwe.

Symal Group is poised to exceed its FY2025 EBITDA forecast, driven by strong project execution and a robust pipeline of contracts and acquisitions.

Southern Cross Electrical Engineering’s Heyday subsidiary has landed over $70 million in new project awards, including critical infrastructure works at Western Sydney Airport and a major Sydney data centre.

Saunders International announces the planned resignation of CEO Mark Benson by year-end alongside a notable downgrade in FY25 revenue and earnings guidance due to project delays and weather disruptions.

Evion Group’s Maniry Graphite Project in Madagascar has been officially recognised as a strategic supplier under the EU’s Critical Raw Materials Act, opening doors to accelerated permits, funding, and partnerships.

Duratec Limited has lowered its FY25 revenue and EBITDA guidance due to project delays and weather disruptions but remains optimistic about a robust pipeline and growth prospects in FY26.

SKS Technologies has been awarded a $100 million contract to fit out electrical infrastructure for a new data centre building in Melbourne, marking a significant boost to its project pipeline and work on hand.

Verbrec Limited has landed over $11 million in new engineering and construction contracts, boosting its outlook for a solid profit in H2 FY2025 amid easing project deferrals.

Civmec Limited reported a steady Q3 FY25 with revenue of A$158.5 million and a strengthened order book now exceeding A$760 million, positioning the company for future growth despite near-term project delays.

DUG Technology reported a 23% surge in software revenue and a 15% rise in EBITDA for FY25-Q3, underpinned by strong services order growth and strategic expansion into Brazil.

Rubix Resources Limited has advanced its exploration agenda with a $275,000 grant awarded to test the chargeability anomaly at its Grunter prospect, part of the Paperbark project. The company reported a solid cash position of $1.46 million at the end of March 2025, underpinning ongoing activities across multiple projects.

Tivan Limited reported significant progress in Q1 2025, including advancing a binding joint venture with Sumitomo Corporation for its Speewah Fluorite Project and securing seven exploration licenses for its Turiscai copper-gold project in Timor-Leste.