MLG Extends Tanami Operations Contract with Newmont in Five-Year Agreement

Key Highlights:

• Extension of MLG’s long-term services at the Tanami Operations in the Northern Territory.
• Transition to a new five-year term from May 2026, with two additional one-year extension options.
• Contract expected to deliver approximately $200 million in total revenue, with estimated annual revenues of around $40 million.
• Continued delivery of a comprehensive scope of integrated site services supporting the Tanami Operations.

MLG is pleased to advise that it has agreed new commercial terms with Newmont Corporation (ASX:NEM) for the continuation and expansion of its integrated site services at the Tanami Operations (Tanami) in the Northern Territory.

The agreement provides a new five-year term, with two further one-year extension options. This agreement reflects confidence in MLG’s operating model and reinforces its position as a trusted provider of critical services at Tanami.

Under the new agreement, MLG will continue to deliver a comprehensive suite of services supporting operations at Tanami, including haulage of ore and tailings fines, loading and unloading activities, rock breaking, tailings harvesting, stockpile management and crusher feed services. The breadth of this scope highlights the strength of MLG’s integrated service model and its ability to deliver efficient, end to-end solutions for its clients.

The contract is expected to generate approximately $200 million in revenue over its term, equating to estimated annual revenues of $40 million per annum. This provides strong medium-term revenue visibility and underpins a meaningful contribution to the Company’s earnings base, with MLG’s total group revenue for FY2025 being just under $550 million.

The Tanami Operations, located in the Western Tanami Desert Region, include the Granites Gold Mine, situated approximately 560km north-west of Alice Springs and 940km south-west of Darwin.

“We are very pleased to extend our long-standing partnership at the Tanami Operations for a further five-year term. This outcome reflects the consistent high-quality performance and commitment of our team at the Granites site and demonstrates the value of MLG’s integrated service model in supporting safe, efficient and reliable operations. We look forward to continuing to build on this strong foundation over the next phase of the contract.”

Mark Hatfield Chief Executive Officer