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MLG Oz Ltd ( (AU:MLG) ) has shared an announcement.
MLG Oz Limited has secured a $75 million contract with Westgold Resources for bulk haulage services, strengthening its position in the Goldfields region of Western Australia. The contract, which spans an initial three-year term starting in March 2025, will see MLG transferring Run of Mine ore and managing ore stockpiles for Westgold’s southern operations. This deal underscores MLG’s expansion and reinforces its reputation as a leading provider in the mining services sector, following recent contract wins with major companies such as Northern Star Resources and Evolution Mining.
More about MLG Oz Ltd
MLG Oz Limited, based in Kalgoorlie, is an integrated mining services and resource asset management company. Founded by Managing Director Murray Leahy, the company primarily supports ore processing facilities for gold, iron ore, and other base metals across Western Australia and the Northern Territory. MLG offers a wide range of services including civil and construction, crushing and screening, bulk haulage, site services, and supply of construction materials from its regional quarries.
YTD Price Performance: 21.82%
Average Trading Volume: 170,468
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$98.9M
For detailed information about MLG stock, go to TipRanks’ Stock Analysis page.
