Mining services provider Macmahon Holdings Limited (ASX: MAH) is gearing up to acquire Western Australia-based construction company Decmil Group (ASX: DCG). The acquisition involves Macmahon purchasing 100% of Decmil’s issued share capital. This acquisition aligns with Macmahon’s strategic focus on achieving continued earnings growth while diversifying into the less capital-intensive civil infrastructure business. The transaction
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Precious metal products manufacturer XRF Scientific (ASX: XRF) has unveiled its financial results for FY23, revealing substantial growth in several key financial indicators. The Company’s strategic positioning to meet the growing demand for precious metals, particularly within the mining and industrial sectors, has been central to its performance. XRF’s Managing Director, Vance Stazzonelli, commented, “FY23
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Addressing the FIFO lifestyle characteristic of the mining industry, Swift (ASX: SW1) plans on employing its Swift Access solution to make sure employees are not starved for entertainment when away from home, when working at one of the nine mine sites operated by Mineral Resources (ASX: MIN). The contract is worth $3.4 million in subscription
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At a time when the Australian resources industry is booming thanks to strong commodity markets, mining services provider SSH Group (ASX: SSH) has expanded its service offering in the Pilbara region with the savvy acquisition of Karratha Machinery Hire under attractive terms to shareholders. Established in 1989 and a 100% locally grown business, Karratha Machinery
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Mining services company, DDH1 Limited (proposed ASX: DDH), are set to debut on the ASX next month, with demand for the stock seeing the offer fully subscribed well before it’s expected offer close date of February 26. The company, which have raised $150M in capital at an offer price of $1.10 per share, are expected
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Strong gold prices and a bevy of projects coming online has mining services company Macmahon Holdings (ASX: MAH) in hot demand, today confirming they have been appointed as the preferred mining contractor for the Warrawoona Gold Project, a contract worth $220 million. Located in the WA’s lucrative Pilbara region, Warrawoona will be a new open
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