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16 stories mentioning ASX:GNGUpdated 12h ago

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Asia

Barton Gold Holdings Identifies High-Grade Gold Mineralization in South Australia Gold Project

Barton Gold Holdings (ASX:BGD) identified high-grade gold mineralization during recent drilling at its Tunkillia gold project in South Australia, according to a Thursday Australian bourse filing.The results were up to 22 meters at 0.93 grams per tonne gold from 44 meters depth, including four meters at 2.82 grams per tonne gold from 44 meters depth.A pre-feasibility study (PFS) for Tunkillia is underway, led by GR Engineering (ASX:GNG), targeting completion in the first quarter of 2027 to accommodate expanded drilling and prospective mineral resource upside in the study, the filing added.

ASX:BGDASX:GNG
Asia

GR Engineering Services Secures Nearly AU$230 Million Deal With BHP Unit

GR Engineering Services (ASX:GNG) secured an engineering, procurement, and construction contract worth AU$229.5 million with BHP Iron Ore, a BHP Group (ASX:BHP) subsidiary, as agent for the participants in the Yandi joint venture, according to a Friday filing with the Australian bourse.The contract relates to works on the Yandi eastern front-end facility upgrade, part of the Ministers North project in Western Australia, the filing said.

ASX:BHPASX:GNG
Asia

Maritana Minerals Starts Early Works at Western Australia Project

Maritana Minerals (ASX:MRT) started the early works program at its Black Swan processing hub gold conversion project in Western Australia, according to a Monday filing with the Australian bourse.The company engaged GR Engineering Services (ASX:GNG) to deliver the program, which covers earthworks, demolition, detailed engineering, and long-lead equipment procurement, the filing said.Full construction is expected to begin in the third quarter of the year, and first gold is targeted in the second half of 2027, per the filing.

ASX:GNGASX:MRT
Asia

Update: GR Engineering Says Genesis Minerals Able to Avoid Western Australia Processing Plant Construction After Vault Minerals Deal

(Updates to add stock movement to the fourth paragraph)GR Engineering Services (ASX:GNG) was informed by Genesis Minerals (ASX:GMD) that under its proposed acquisition of Vault Minerals (ASX:VAU), it will have the ability to process ore through the King of the Hills process plant and avoid the construction of the Tower Hill process plant, according to a Tuesday Australian bourse filing.The firm added there would be no adverse impact to its results for the year ended June 30.GR Engineering was earlier awarded a AU$229 million EPC contract with Genesis for the Tower Hill gold project in Western Australia. It has begun engineering works and the procurement of long lead items.Shares of Vault Minerals and Genesis Minerals fell almost 2% each in recent Tuesday trade, while GR Engineering Services dropped past 1%.

ASX:GMDASX:GNGASX:VAU
Asia

GR Engineering Says Genesis Minerals Able to Avoid Western Australia Processing Plant Construction After Vault Minerals Deal

GR Engineering Services (ASX:GNG) was informed by Genesis Minerals (ASX:GMD) that under its proposed acquisition of Vault Minerals (ASX:VAU), it will have the ability to process ore through the King of the Hills process plant and avoid the construction of the Tower Hill process plant, according to a Tuesday Australian bourse filing.The firm added there would be no adverse impact to its results for the year ended June 30.GR Engineering was earlier awarded a AU$229 million EPC contract with Genesis for the Tower Hill gold project in Western Australia. It has begun engineering works and the procurement of long lead items.

ASX:GMDASX:GNGASX:VAU
Asia

Tesoro Gold Advances Definitive Feasibility Study Workstreams for Chile Project

Tesoro Gold (ASX:TSO) advanced definitive feasibility study workstreams for the Ternera deposit at its El Zorro project in Chile, according to a Wednesday filing with the Australian bourse.Activities in technical, engineering, permitting, financing, and execution readiness are also advancing concurrently, the filing said.The company formed a strategic alliance partnership with Stracon Chile to act as its preferred contractor to support project pre-construction activities, construction and operation.Additionally, GR Engineering Services (ASX:GNG) started process design and engineering work for a proposed gold processing plant and site infrastructure, per the filing.

ASX:GNGASX:TSO
Asia

Barton Gold Launches Pre-Feasibility Study for South Australia Gold Project

Barton Gold Holdings (ASX:BGD) said it appointed GR Engineering Services (ASX:GNG) to lead a pre-feasibility study for its Tunkillia gold project in South Australia, according to a Monday filing with the Australian bourse.The study is now underway and is targeted for completion in the first quarter of 2027, per the filing.The company said around 60,000 meters of reverse circulation drilling and roughly 3,000 meters of diamond drilling are scheduled for completion in September to support both the study and a mining lease application.At current gold and silver prices, Tunkillia is modelled to generate about AU$1.75 billion of operating profit during its first 27 months of operation, Barton Gold said.The company's shares fell 1% in recent Monday trade.

ASX:BGDASX:GNG
Asia

Australian Shares Rally; Vault Minerals on Track to Deliver Fiscal Year 2026 Gold Production Guidance

Australian shares continued their rally on Monday after the US and Iran said they had reached a deal to reopen the critical Strait of Hormuz.The S&P/ASX 200 Index jumped 1.25%, or 110 points, to close at 8,914.US President Donald Trump said that the US and Iran would sign the agreement on Friday, and the Strait of Hormuz would open. Brent crude oil fell over 4% to around $83 per barrel.On the domestic front, capital city housing prices in Australia are forecast to fall 2.1% this year and 3.3% in 2027, ANZ Research said. The bank had previously forecast 2.8% growth in 2026 and 2.1% in 2027. It attributed the reduction in forecasts to a combination of global uncertainty, three consecutive cash rate hikes, and recent housing policy changes, which have led to a sharper-than-expected slowdown in the housing market.In company news, Vault Minerals (ASX:VAU) is on track to deliver fiscal year 2026 gold production guidance of 332,000 to 360,000 ounces after achieving production of 306,542 ounces in the fiscal year to date through May.Woodside Energy Group (ASX:WDS) confirmed in a bourse filing that it is not engaged in talks on a potential transaction with Exxon Mobil after media reports said it was among several potential acquisition targets being evaluated by the US energy giant.Ora Banda Mining (ASX:OBM) entered into a AU$233 million engineering, procurement, and construction contract with GR Engineering Services (ASX:GNG) to deliver a 3 million tonnes per annum processing plant at Ora Banda Mining's Davyhurst Mill Expansion Project in Western Australia.

ASX 200ASX:GNGASX:OBMASX:VAUASX:WDS
Asia

Ora Banda Mining Enters AU$233 Million EPC Contract With GR Engineering for Western Australia Project; Shares Up 9%

Ora Banda Mining (ASX:OBM) entered into a AU$233 million engineering, procurement, and construction (EPC) contract with GR Engineering Services (ASX:GNG) to deliver a 3 million tonnes per annum processing plant at Ora Banda Mining's Davyhurst Mill Expansion Project in Western Australia, according to a Monday Australian bourse filing.The project began with earthworks in late May and is now advancing into the construction and delivery phase of the expanded processing facility, the filing added.Ora Banda Mining's shares rose past 9% in recent Monday trade, while GR Engineering Services gained 2%.

ASX:GNGASX:OBM
Asia

GR Engineering Services Named Preferred EPC Contractor for Western Australia Project

GR Engineering Services (ASX:GNG) was selected as the preferred contractor by Venturex Sulphur Springs, a subsidiary of Develop Global (ASX:DVP), to deliver engineering, procurement, and construction (EPC) works for the 1.5 million tonnes per annum Sulphur Springs copper-silver-zinc project in Western Australia, according to a Wednesday filing with the Australian bourse.The contract is estimated to be worth AU$295 million, per the filing.The contract includes design, procurement, construction, installation, and commissioning, with early works already in progress and long-lead items already ordered, the filing said.The EPC contract is expected to be formally executed soon, the filing added.

ASX:DVPASX:GNG
Asia

Medallion Metals Advances Cosmic Boy Concentrator Refurbishment, Commissioning on Track for Q2, 2027

Medallion Metals (ASX:MM8) completed front-end engineering and design for the refurbishment and modification of the Cosmic Boy concentrator, with early works underway and long-lead equipment fabrication well advanced ahead of planned treatment of ore from its Ravensthorpe gold project, according to a Monday Australian bourse filing.The company executed an AU$7.6 million early works agreement with GR Engineering Services (ASX:GNG), with the engineering, procurement, and construction contract expected to be finalized in July and secondary ball mill delivery expected in August.Commissioning of the Cosmic Boy concentrator on the Ravensthorpe gold project ore remains on track for the second quarter of calendar 2027, it added.

ASX:GNGASX:MM8
Asia

Austral Resources' Queensland Copper Project Restart on Track, Secures SAG Mill, Shares Down 4%

Austral Resources (ASX:AR1) said all major workstreams for the refurbishment and restart of its Rocklands Copper Project in Queensland are progressing in accordance with its planned schedule and budget, according to a Thursday Australian bourse filing.The company said an unused 4.75-megawatt SAG mill was secured and purchased, with delivery to the site planned by late July, while existing ball milling, flotation, and concentrate handling infrastructure were confirmed suitable for the planned 3 million tonne per year processing capacity.GR Engineering Services (ASX:GNG) was appointed to complete engineering design and construction of front-end modifications, with front-end engineering design on track for completion in July, the filing added.A metallurgical test work program is advancing using confirmatory drill core from Rocklands, while a western operations mining campaign is underway at Flying Horse and Mt Clarke, initially providing oxide feed to Mt Kelly while exposing future sulphide feed for Rocklands, it added.The company's shares fell 4% in recent Thursday trade.

ASX:AR1ASX:GNG
Asia

GR Engineering Services Signs AU$110 Million Contract with Brightstar Resources

GR Engineering Services (ASX:GNG) signed an engineering, procurement, and construction contract worth AU$110 million with Brightstar Resources (ASX:BTR) for the Laverton processing plant in Western Australia, according to a Tuesday filing with the Australian bourse.

ASX:BTRASX:GNG
Asia

GR Engineering Services Signs AU$229 Million EPC Contract With Genesis Minerals

GR Engineering Services (ASX:GNG) has executed an engineering, procurement and construction (EPC) contract with Genesis Minerals (ASX:GMD) for the Tower Hill Gold Project in Western Australia, with a contract sum of AU$229 million, according to a Thursday Australian bourse filing.The company said it had previously been appointed as the preferred contractor for the project in February 2026.The company's shares rose almost 2% in recent Thursday trade.

ASX:GMDASX:GNG
Asia

GR Engineering Services Named Preferred Contractor by Ora Banda Mining for Western Australia Expansion Project

GR Engineering Services (ASX:GNG) was appointed as the preferred contractor by Ora Banda Mining (ASX:OBM) for the engineering, procurement, and construction works for a 3-million-tonnes-per-annum process plant as part of the Davyhurst expansion project in Western Australia, according to a Monday Australian bourse filing.The estimated contract value is AU$233 million, and an early works agreement has been executed, the filing said.The company's shares were down nearly 1% in recent Monday trade, while Ora Banda Mining's shares were up about 2%.

ASX:GNGASX:OBM
Asia

GR Engineering Services Unit Secures Five-Year Contract for Northern Territory Facility

GR Engineering Services' (ASX:GNG) GR Production Services subsidiary won a five-year contract with Sturt Plateau Compression Facility Sub as trustee for the Sturt Plateau Compression Facility Sub Trust, for the provision of operations and maintenance services to the Sturt Plateau Compression Facility in the Northern Territory, according to a Monday filing with the Australian bourse.The contract has an estimated value of AU$57 million over five years and includes an option to extend the agreement by a further three years, the filing said.The Sturt Plateau Compression Facility Sub is an entity indirectly owned 50% by Tamboran Resources (ASX:TBN) and 50% by Daly Waters Infrastructure, per the filing.GR Engineering Services shares rose 1% in morning trade on Monday, while Tamboran Resources shares were down 2%.

ASX:GNGASX:TBN

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