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MLG Oz: Secures contract to service Westgold Resources (ASX:WGX) WA operations

MLG Oz Secures contract to service Westgold Resources (ASX:WGX) WA operations

  • Mine site services provider, MLG Oz (MLG) secures a five-year contract to service Westgold Resources’ (WGX) operations in Western Australia’s Mid-West region
  • MLG will provide in pit, off and on-road haulage, road maintenance and run of mine management services activities across WGX’s operations
  • The contract is anticipated to bring in $30 million in revenue for MLG for the 2023 financial year
  • Initial ramp up and mobilisation activities are due to commence next month
  • MLG shares are up 8.25 per cent, trading at 52.5 cents, while WGX shares dropped 1.7 per cent to trade at 86.5 cents at 2:01 pm AEST

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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