Integrated mining services company MLG Oz (ASX:MLG) is executing a 30-month crushing and screening contract with New Murchison Gold (ASX:NMG) worth up to $15 million.
The deal is for the provision of crushing and screening services to New Murchison’s Crown Prince Project in Western Australia. Crown Prince sits within the company’s broader Garden Gully Project, 22km northwest of Meekatharra.
MLG, which has a market capitalisation of $116.2 million, says there is an option to extend the contract on a month-by-month basis for up to six months.
The contract encompasses a mobile crushing plant with an automated sampling system integrated into the circuit. MLG will operate and service the equipment throughout the entire contract period, which will begin in August 2025.
Managing Director Murray Leahy says over the next two to three years, the company is “delighted” to provide services in which New Murchison develops Crown Prince.
“We continue to actively expand our crushing and screening capabilities, broadening our reach and market presence across our suite of clients in the gold and iron ore mining sectors,” Leahy says.
MLG’s first contract with New Murchison will generate $500,000 per month in revenue. This deal follows a recent spate of new contract wins and extensions, including its maiden contract with mining giant Rio Tinto (ASX:RIO) and the provision of crushing and screening services to Fortescue (ASX:FMG).
New Murchison’s Garden Gully Project, covering 677km2, has multiple gold prospects along the Abbotts Greenstone Belt with the most advanced being Crown Prince.
MLG Oz is a Kalgoorlie-based mining services company that delivers tailored solutions to mining operations, primarily focused on supporting its clients’ ore processing facilities across gold, iron ore, and other base metals in Western Australia and the Northern Territory.
Write to Aaliyah Rogan at Mining.com.au
Images: New Murchison Gold
