Articles On Swick Mining Services (ASX:SWK)

DDH1 (ASX:DDH) will be removed from the official list on the Australian Securities Exchange (ASX) at the close of trade today (9 October 2023) following the implementation of the scheme of arrangement with Perenti (ASX:PRN). Perenti’s ac...

Mining services firm DDH1 (ASX:DDH) reports that the Federal Court of Australia has made orders approving the scheme of arrangement where Perenti (ASX:PRN) will acquire 100% of the shares in DDH1. The scheme will become legally effective...

Australia’s largest mineral drilling contractor DDH1 (ASX:DDH) reports it achieved a 44% increase in interim net profit to $28.5 million as revenue ballooned 69.5% to $298 million on the back of the expansion of its fleet of rigs and increa...

Cyprium and AIC Mines raise collective $65 million to boost Aussie copper production DDH1 posts strong first half figures ahead of results season Materials up 0.32% as Newcrest lifts on Newmont offer   All eyes are on Newcrest Mining (ASX...

Most companies that have joined the ASX so far this calendar year are now trading in negative territory. About 70 companies have joined the exchange to date, and only 21 have delivered gains for investors. Top gains for 2022 debutants...

Global drilling company DDH1 has generated record proforma revenue of $506.9 million, up 14 per cent on the previous year, with 86.7 per cent generated from production and resource definition projects, which are less impacted by the industr...

Mining services stocks have returned to the limelight amid the corporate rumblings between Maca, Thiess and NRW Contractors say rates will need to rise to secure increasingly thin skills to service a still growing mining industry We pick f...

Global specialist drilling company DDH1 has registered a performance to remember for the 2022 financial year. DDH1 managing director and CEO Sy van Dyk said the company delivered to expectation, and was continuing to perform strongly and wa...

MACA’s board recommends $350 million, $1.025 per share cash takeover by Thiess DDH1 Drilling shares surge on record financial year as mining services plays look to lock in higher prices with customers   MACA (ASX:MLD), mining services sup...

The ASX Emerging Companies (XEC) index was climbing at 4pm (Sydney time) up 1.8% and outpacing the S&P/ASX 200 index (XJO), weighed down as it is by a few of those unwieldy iron ore giants after China’s favourite rock fell 9% ‘cos Chine...

Mineral-scanning technology company Orexplore Technologies (OXT) recently debuted on the ASX under the ticker code “OXT” The company listed on the ASX on January 21 after a demerger from Swick Mining Services (SWK) and raising $2.44 millio...

Coal miners Yancoal (ASX:YAL) and Coronado Global Resources (ASX:CRN) were the big mining winners as prices for both thermal and coking coal continue to trade around record levels. $2.5 billion capped Coronado soared more than 7% on no news...

Swick Mining Services will merge with DDH1 on a positive note in February, after a strong finish to 2021 saw it improve rig utilisation while continuing to grow its fleet. The merger was announced in October 2021 to combine high quality exp...

A mining tech venture spun out of an ASX-listed mining services company has tanked on debut, falling 46%. Perth-based Orexplore Technologies (ASX:OXT) demerged from parent company Swick Mining Services (ASX:SWK) and made its debut today hav...

Mineral scanning technology company Orexplore Technologies (OXT) has commenced trading on the ASX today under the ticker code “OXT” The company raised $2.44 million through an IPO at 25 cents per share and was part of a demerger from Swick...

Wall Street loses early gains US stocks sailed in positive territory throughout the day before fading away in the last hour of trading. All three major benchmarks ended the day deep in the red – the S&P 500 by 1.1%, the Dow by 0.89%, an...

Swick Mining Services (SWK) completes the distribution of shares in Orexplore Technologies (OXT) and raises $2.43 million under its priority offer Orexplore is now in the process of meeting all outstanding prerequisites for admission to AS...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Eley Griffiths portfolio manager Nick Guidera picks 3 ASX shares that are ready to shoot up in 20...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

Recently listed drilling company DDH1 has struck a scrip deal to takeover Swick Mining Services in the latest example of M&A activity in the sector.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Drilling contractor Swick Mining Services will test the first prototype of its Gen3 E-Rig at a Western Australian client’s site in October this year. As part of the company’s Futures division, Swick is building the Gen3 E-Rig which is belie...

Many sectors will be watched this reporting season but it is unlikely few will have more uniform success than mining services stocks. The gain in certain commodity prices throughout the pandemic ranging from gold to copper, battery metals t...

Swick Mining Services has revisited its Orexplore Technologies demerger with a commitment to create the new entity by the end of the year. The company announced in February it would be delaying the demerger until the 2022 financial year due...

Summary The ASX 200 closed sharply lower by 133.60 points or 1.81% at 7,235.30. The market witnessed a sharp, heavy sell-off on persistent concerns over hawkish outlook by the US Federal Reserve. All four big four lenders - Westpac, C...

It was an ugly day on Australia’s bourse following the plunge on Wall Street on Friday. The ASX 200 lost 1.81 per cent, closing at 7,235 points while the ASX Emerging Companies Index shed 2.56 per cent, closing at 2,093. The selling was spa...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

The Swick Mining Services Ltd (ASX: SWK) share price is rising high today. At the time of writing, shares in the mining services company are trading for 20 cents each – up 17.65%. Today’s positive price movement comes after Swick announces...

Summary The PNX share price has increased 12.5% to AU$0.009, clocking a healthy volume of over 2.06 million shares. SWK expects the revenue of between AU$153 million to AU$156 million for FY21. The 4DS share price has shot up by 10.3%...

• Barnaby’s back to frighten the lights out of the emissions reduction industry • Swick Mining Services announces plans to green up the drilling industry • Green hydrogen and vanadium in the mix for TNG   Barnaby’s back baby He’s the saltie...

The S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a sizeable decline. In late morning trade, the benchmark index is down 1.6% to 7,248.1 points. Four ASX shares that have not let that hold them back today are listed...

A subsidiary of sharemarket-listed drilling contractor Swick Mining Services has been legally cleared over its repeated failure to file annual reports with the Federal corporate watchdog.

Swick Mining Services has deferred the demerger of Orexplore Technologies until the 2022 financial year. Orexplore Technologies is comprised of Swick’s drilling business and mineral technology businesses, with the new entity to separate fro...

As 2020 winds up, Stockhead has reached out to its pool of contributing experts for their view on what they hope 2021 will bring. Today’s question is: What stocks are likely to benefit from a COVID-19 vaccine in 2021 and why? See if you can...

Swick Mining Services has stated that the separation of its drilling and mineral technology will provide the “greatest value” to the company’s shareholders, after adding a number of contracts to its order book in the past two months. The co...

Swick Mining Services investors won't get a look at a demerger plan for the company's core drilling business, and promising technology arm, until later ...

BHP has awarded Swick Mining Services with a five-year underground drilling contract for the Olympic Dam poly-metallic mine in South Australia. This will be Swick’s second largest project and see the company mobilise eight rights in the fir...

A quick wrap of the ASX’s key winners and losers on Friday, August 14. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 902 stocks rose, 501 declined and 6...

Dynamic Drill & Blast (ASX:DDB) has been the latest IPO success story of 2020, surging on its first day as a listed company. The Western Australian mining services company entered the ASX this morning having raised $5 million. It commen...

Swick Mining Services has won two drilling contract extensions with Northern Star Resources and Perilya, which have helped bolster the company’s order book to $244 million. The company was granted a two-year extension at Northern Star’s Jun...

LEADING underground drilling contractor Swick Mining Services' preliminary FY20 drilling business EBITDA of about A$25 million, including “a ...

The gold boom and multi-million-dollar cash injections by government into infrastructure projects is leading to some pretty strong quarterly earnings for the ASX small cap industrial plays. Emeco Holdings (ASX:EHL) told shareholders this we...

COVID-19 may have forced many listed companies globally to keep hold of their cash rather than return it to shareholders in the form of dividends, but there are a bunch of small caps bucking that trend. Household chemical and cleaning produ...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

While the newspaper headlines and television news cameras have focused on the thousands of workers in retail and services industries losing their jobs, the effects of the COVID-19 crisis have been creeping largely unnoticed through the rank...

AFTER five years, and despite its half-year loss deepening to A$3 million, Swick Mining Services has started paying dividends again. Dividends back ...

Energy sector player, Sun Resources NL (ASX:SUR) is focused on identifying oil & gas development asset opportunities that could deliver oil production in the near term. The company, which is based in West Perth, Australia, has a convent...

Swick Mining Services will raise $15 million to support the company’s growth opportunities. Managing director Kent Swick said the additional funding gave the company flexibility to pursue future organic and inorganic growth opportunities fo...

On Stockhead today, the gold M&A just keeps rolling with Azumah the latest takeover target, SRJ reveals why it thinks Oz is a good place for it to list and the industry that billionaire investor Stephen Schwarzman sees as having ‘Amazon...

Swick Mining Services has tapped Perth broker Euroz Securities to oversee a placement to institutions of 65.2 million shares.