North American Construction Group Ltd. reports developments in heavy civil construction and mining services for resource development and industrial construction customers in Canada, the United States, and Australia. Company news commonly covers operating and financial results, conference-call notices, contract awards and expansions, equipment fleet activity, and backlog tied to mining and earthworks work.
Updates also include Australian activity through MacKellar Group, governance matters such as annual and special meetings and director-nomination procedures, and corporate leadership or capital-structure disclosures when they affect the public company record.
North American Construction Group (TSX:NOA / NYSE:NOA) announced an amended and expanded five-year MacKellar contract in Queensland, Australia that adds approximately $125 million of incremental revenue and increases site scope ~50%.
The expanded scope starts May 1, 2026, reaches full run rate by August 2026, and maintains a contract expiry of September 30, 2029. Eight Komatsu 240-ton haul trucks were purchased in December 2025; five additional units are expected as growth capital in Q2–Q3 2026 at an estimated $25 million cost.
North American Construction Group (TSX:NOA) closed the acquisition of Iron Mine Contracting on April 7, 2026, economically effective Jan 1, 2026, for approximately $125 million consideration. The deal establishes a Tier 1 Australian platform with exposure to gold, iron ore, lithium and critical minerals.
Concurrent amendments to the senior secured credit facility provide $535 million direct lending plus permitted $500 million equipment financing capacity (total senior secured capacity > $1.0 billion); facility maturity extended to April 7, 2029. Upfront cash of $41.5 million was drawn on the facility; ~$45 million equipment financing was assumed and ~one‑third of consideration is earn‑out/deferred over four years.
North American Construction Group Ltd (TSX: NOA / NYSE: NOA) announced its 2026 Annual General and Special Meeting will be held on May 20, 2026 with a record date for voting set at April 13, 2026.
The Board adopted By-Law No.3 (Advance Notice By-Law) to set deadlines and disclosure requirements for shareholder director nominations; the by-law is effective immediately but will require shareholder approval at the May 20, 2026 meeting. The full text is available on the company profile on SEDAR+.
North American Construction Group (TSX: NOA / NYSE: NOA) reported combined Q4 revenue of $344.0M (down 7.7%) and adjusted EPS of $(0.14) versus $1.01 a year ago. Adjusted EBITDA was $77.6M, free cash flow was an inflow of $57.4M, and net debt fell to $878.5M.
The company closed an agreement to acquire Iron Mine Contracting on Dec 18, 2025, declared a quarterly dividend of $0.12 per share, and provided 2026 outlooks: $1.5–$1.7B revenue, $380–$420M adjusted EBITDA, and $110–$130M free cash flow.
North American Construction Group (TSX:NOA.TO / NYSE:NOA) will release fourth-quarter financial results for the period ended December 31, 2025 on Wednesday, March 11, 2026 after markets close. A conference call and webcast will follow on Thursday, March 12, 2026 at 7:00 a.m. MT (9:00 a.m. ET).
Investors can join via toll-free dial-in or webcast; a slide deck will be posted the evening prior and a replay will be available through April 10, 2026.
North American Construction Group (TSX/NYSE: NOA) announced that Joe Lambert resigned as President and CEO, effective immediately, and that Chief Operating Officer Barry Palmer has assumed the role of President and CEO. The company has begun assessing internal and external candidates for a permanent CEO.
The company confirmed that closing activities for its acquisition of Iron Mine Contracting remain on schedule with a targeted close this quarter, and said it will announce a date for the 2025 Annual Report in the coming weeks.
North American Construction Group (TSX: NOA / NYSE: NOA) agreed to acquire Western Australian mining services contractor Iron Mine Contracting for approximately $115 million (CAD) with an expected close in Q1 2026. The deal values IMC at ~2.5x expected 2026 EBITDA and is forecast to be ~20% accretive to incremental EPS in 2026. IMC brings a >$1.0 billion order book, a three-year lithium contract, and expands Western Australia exposure from 5% to 15% of earnings. Pro forma backlog rises to $4.3 billion. Funding: 65% senior bank financing, 35% vendor debt, $40M upfront from the revolver, $35M assumed equipment financing, and $40M deferred/earn-out over four years.
Eminent Gold Corp (TSXV: EMNT) reported results from a 1,002-station gravity survey at its Hot Springs Range Project (HSRP) in Nevada that identified five distinct exploration targets, including three along a northeast-trending HSR corridor totaling over 10 kilometers of cumulative strike. The survey provides the first geophysical confirmation of the Otis, Sitka, and Eden structures; prior drilling intersected gold in three holes across a 400-metre segment of the NE Otis fault (news release dated June 19, 2025). Targets include a high-density possible magmatic intrusion and a gravity low interpreted as a post-mineral basin. Detailed processing used CBA at 2.50 g/cc, kriging (50 m), terrain corrections to 167 km, and derivative grids to guide follow-up drilling, mapping and prospecting.
North American Construction Group (TSX:NOA / NYSE:NOA) reported Q3 2025 results for the quarter ended September 30, 2025. Combined revenue was $390.8M (up 6%) and reported revenue was $317.2M (up 11%). Combined gross profit was $57.1M (15.7%, down 23%) and reported gross profit was $49.7M (15.7%, down 25%). Adjusted EPS was $0.67 (down 44%) and adjusted EBITDA was $99.0M (down 12%).
Operational drivers included a 26% increase in Heavy Equipment - Australia revenue to $188.5M, a 5% decline in Heavy Equipment - Canada to $125.7M, free cash flow inflow of $45.7M, and net debt of $904.0M (up $7.1M). The Board declared a quarterly dividend of $0.12 per share payable Jan 9, 2026.
North American Construction Group (TSX: NOA / NYSE: NOA) closed an additional private placement of $125 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 on Oct 22, 2025.
Combined with the May 1, 2025 issuance, there is now $350 million aggregate principal amount of Notes outstanding. The new Notes have identical terms to the Initial Notes (except issuance date/price/interest accrual) and will be fungible with that series after the statutory hold period. Proceeds will be used to repay indebtedness under the company's Credit Agreement and for general corporate purposes. The Offering was underwritten by a syndicate of Canadian dealers and was offered in Canada by prospectus exemptions and in the U.S. only to qualified institutional buyers under Rule 144A.