MLG Oz Wins Two-Year Extension for $25m-a-Year Jundee Mine Services

MLG Oz Ltd ( (AU:MLG) ) has issued an update.

MLG Oz Limited has secured a new 24‑month contract, with a 12‑month extension option, to continue providing integrated site services at Northern Star Resources’ Jundee gold mine. The deal is expected to contribute about $25 million in annual revenue and underscores the company’s role in supporting major gold operations in Western Australia.

Under the agreement, MLG will maintain a broad scope of work including in‑pit surface haulage of ore and waste, run‑of‑mine material handling, stockpile and waste dump management, landfill and bioremediation cell construction, and road maintenance and dust suppression. The renewal reflects MLG’s strong operational performance and highlights the value of its integrated services model for sustaining clients’ production activities and operational reliability.

The most recent analyst rating on (AU:MLG) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on MLG Oz Ltd stock, see the AU:MLG Stock Forecast page.

More about MLG Oz Ltd

MLG Oz Limited is a Kalgoorlie-based integrated mining services and resource asset management company that delivers tailored solutions to mining operations in Western Australia and the Northern Territory. The company focuses on supporting clients’ ore processing facilities across gold, iron ore and other base metals through an integrated model spanning civil and construction, crushing and screening, bulk haulage and site services, as well as supply of open pit mining and construction materials from regional quarries.

Average Trading Volume: 279,068

Technical Sentiment Signal: Buy

Current Market Cap: A$153.4M

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