BUZZ-Australia's MLG Oz eyes best day in 9 months on $28 mln contract wins

Reuters

2025/01/16

** MLG Oz MLG.AX jumps 11.4% to A$0.635, highest since Dec. 4, 2024

** Stock set for best intraday pct gain since April 2024

** Mining support services provider secures contracts worth A$45 mln (~$28 mln) from Northern Star Resources NST.AX

** Contracts to provide haulage and site services across four of NST's ops in Western Australia

** Northern Star declines 0.6%; among top 10 losers on ASX 200 index .AXJO

** MLG up ~11% YTD

($1 = A$1.6067)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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