MLG Oz Secures $45M Contracts with Northern Star, Strengthening Industry Position

MLG Oz Ltd ( (AU:MLG) ) has provided an announcement.

MLG Oz Limited has secured $45 million worth of contracts with Northern Star Resources for haulage and site services across four operations in Western Australia’s Goldfields. These contracts, extending an over 10-year relationship, are expected to significantly boost MLG’s revenue and enhance its integrated service offerings. The agreements, alongside recent contracts with Evolution Mining and Norton Gold Fields, position MLG strongly within the industry, reinforcing its pivotal role in supporting major gold producers.

More about MLG Oz Ltd

MLG Oz Limited, based in Kalgoorlie, is an integrated mining services and resource asset management company. It offers tailored solutions to mining operations, focusing on ore processing facilities for gold, iron ore, and other base metals in Western Australia and the Northern Territory. The company’s services include civil and construction, crushing and screening, bulk haulage and site services, and supply of open pit mining and construction materials through its regional quarries.

YTD Price Performance: 2.73%

Average Trading Volume: 182,380

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$83.4M

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