Aquirian wins $48m drill-and-blast deal at Brightstar’s Lord Byron mine

Brightstar Resources Limited ( (AU:BTR) ) has shared an update.

Aquirian’s subsidiary Drillforce WA has secured an initial three-year, approximately $48 million contract to provide all drilling and blasting and energetics services for Brightstar Resources’ Lord Byron open pit gold mine near Laverton, starting September 2026. The deal requires around $6 million in equipment, most of which Aquirian already owns, and will deploy its automated Collar Keeper technology and integrated energetics, logistics and technical support.

The Lord Byron supply agreement sits under a broader five-year Strategic Framework Agreement with Brightstar covering its Goldfields Hub assets, including Lord Byron, Cork Tree Well and Lady Shenton, with options for multi-year extensions. The partnership is positioned to enhance mine productivity, cost efficiency, safety and ore recovery for Brightstar, while giving Aquirian a second long-term, technology-led contract that strengthens its presence in Western Australia’s gold mining services market.

The most recent analyst rating on (AU:BTR) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.

More about Brightstar Resources Limited

Aquirian Limited is an Australian mining services and technology company focused on drilling, blasting and energetics solutions for open pit mining operations. Through its wholly owned subsidiary Drillforce WA, the company delivers vertically integrated, technology-led services, including patented automated systems, to gold and other resource projects across Western Australia’s Goldfields region.

Average Trading Volume: 9,679,728

Technical Sentiment Signal: Sell

Current Market Cap: A$428.1M

For detailed information about BTR stock, go to TipRanks’ Stock Analysis page.