Latest Resource Sector News

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.

Felix Group Holdings has reported a second consecutive quarter of positive operating cash flow alongside strong customer acquisition and contract expansions, notably within the mining and resources sector.

AMCIL Limited posted a half-year profit of $3.6 million, down 12.6%, yet its portfolio outperformed the S&P/ASX 200 with an 8.7% return. The company declared a steady interim dividend amid cautious market conditions.

Coventry Group reports a slight dip in H1 FY25 sales but manages a modest EBITDA increase, buoyed by a successful ERP upgrade and strategic growth initiatives.

Monadelphous Group Limited has landed new contracts worth approximately $150 million, including a major construction project at Rio Tinto's Brockman 4 mine and a multi-year water management panel in the Pilbara region.

Antipa Minerals reports robust progress at its Minyari Dome Gold-Copper Project, highlighted by a positive Scoping Study and promising Phase 2 drilling results, alongside a strengthened cash position of A$36.5 million following a strategic equity raise and asset sale.

Etherstack has landed its eighth contract deploying digital radio technology for the world's largest iron ore producer in Western Australia, reinforcing its foothold in a critical mining communications sector.

Indiana Resources has pinpointed promising titanium source rocks at its Carne Titanium Prospect in South Australia, setting the stage for a high-priority drilling campaign in 2025 alongside ongoing gold exploration.

BKI Investment Company Limited posted a decline in net profit and earnings per share for the half-year ending December 31, 2024, yet declared a higher fully franked interim dividend, signaling confidence amid economic headwinds.

Mirrabooka Investments Limited reported steady half-year profits with a portfolio return of 11.5%, comfortably outperforming its benchmark. The company raised its interim dividend by 12.5%, reflecting confidence in its small and mid-cap investment strategy despite cautious market conditions.