MLG Oz Limited Secures $15M Crushing & Screening Contract with New Murchison Gold, Promising $500K Monthly Revenue Boost
Thursday, July 24, 2025
at
8:23 am
MLG Oz Limited secures a lucrative 30-month crushing and screening contract with New Murchison Gold Limited, powering its high-grade gold project. Expected to generate approximately $500,000 per month, this deal significantly bolsters its expanding market presence in the mining services sector.
MLG Oz Limited has secured a 30‐month crushing and screening contract with New Murchison Gold Limited valued at up to $15 million. The agreement will see MLG supplying mobile crushing and screening services, featuring an automated sampling system integrated within the processing circuit, for New Murchison Gold’s Crown Prince project. This project, centered on a high‐grade gold deposit within the Garden Gully Project near Meekatharra, Western Australia, is set to commence in August 2025. The initial contract period of 30 months includes the possibility of extending services on a month-by-month basis for up to six additional months, and it is forecast to generate approximately $500,000 in monthly revenue. This win comes on the back of a series of new contracts and service extensions, including engagements with major industry players like Rio Tinto and Fortescue Limited.
The news carries a bullish tone as it highlights the company’s expanding market presence and diversified revenue base, which could support sustained growth in the gold and mining sectors. The added revenue stream from an established customer in a proven mining area in Western Australia contributes positively to the company’s financial outlook, indicating confidence from industry leaders. However, beginner traders should be mindful of potential bearish perspectives, including execution risks inherent in new operational setups and the reliance on large, long-term contracts that might test the company’s operational capacity and market conditions. Overall, the contract strengthens MLG Oz Limited’s competitive position in the mining services market, providing a notable boost to its growth prospects.