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3 September 2010
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MINE SUPPLY TODAY STORIES
[ 2483 Results - Showing Results 1 to 30 ]
Ammtec hits out at Campbell Bros’ takeover tactics
(Wednesday, 1 September 2010)
AMMTEC managing director Rod Smith has lashed out at the takeover tactics of Campbell Brothers, saying the lab testing and chemical group will “strangle” his company and do neither side of the hostile bid any good.
Full Story...
Money where his mouth is
Exclusively for Premium Subscribers
(Wednesday, 1 September 2010)
AFTER more than two decades of telling miners where to go and what to do when they get there, Rick Yeates has decided to take his own advice.
Supply Side
by Noel Dyson
.
Full Story...
Fuel on
(Wednesday, 1 September 2010)
CALTEX is about to start expanding its Port Hedland terminal ten-fold, adding 40 million litres of diesel capacity to the region’s fuel supplies.
Full Story...
Impairment losses drag down Swick results
(Tuesday, 31 August 2010)
DESPITE higher revenues of $A99.5 million, impairment losses and taxes have caused drilling outfit Swick Mining Services to post a loss after tax of $10.1 million for 2009-2010.
Full Story...
ALS ups Ammtec bid
(Monday, 30 August 2010)
AUSTRALIAN Laboratory Services has upped its offer for metallurgical and mineral testing consultancy Ammtec by A45c a share, lifting its cash offer to shareholders to $3.80 this afternoon.
Full Story...
Debt down, profit up for NRW
(Monday, 30 August 2010)
DESPITE market uncertainty causing delays in projects, civil and mining contractor NRW Holdings has posted a 20% increase in full-year revenue to a record $A609.7 million.
Full Story...
MRRT clouds Macmahon’s short-term outlook
(Monday, 30 August 2010)
MINING and construction contractor Macmahon has more than doubled its 2010 financial year net profit year-on-year to $A37.9 million but has warned that the proposed MRRT made the short-term outlook uncertain.
Full Story...
Mining tax drama hits Runge result
(Monday, 30 August 2010)
UNCERTAINTY caused by the super profits tax has hurt mining technology services company Runge, which posted a net profit after tax of $A2.3 million for the recent financial year, 71% down from the previous 12 months.
Full Story...
Ausdrill expects improved 2011
(Thursday, 26 August 2010)
AUSDRILL has announced a 16% hike in net profit after tax to $A48.2 million, with the company expecting a significantly improved result in the 2011 financial year.
Full Story...
Transfield enters coal project market
(Thursday, 26 August 2010)
TRANSFIELD Services has won a $A38 million construction contract from BHP Billiton under the West Cliff Mine Raw Coal and Reliability Improvement Project in New South Wales.
Full Story...
Watpac wins $38 million in new business
(Wednesday, 25 August 2010)
CIVIL Engineering and mining contractor Watpac has topped off a solid month with the announcement that it has won another $A38 million in mining contracts.
Full Story...
WorleyParsons delivers on guidance
(Wednesday, 25 August 2010)
WORLEYPARSONS will no doubt be glad to put the past 12 months behind it as it looks to rebound from the industry downturn and reverse a 25.5% drop in its net profit after tax for 2009-10 of $A291.1 million.
Full Story...
Ausenco looks to growth
(Wednesday, 25 August 2010)
GLOBAL diversified engineering services and project management group Ausenco is looking to growth in 2011 after posting a $A6.6 million loss in underlying earnings before interest, tax, depreciation and amortisation for the first half of the year.
Full Story...
Market remains unsettled: Lycopodium
(Tuesday, 24 August 2010)
ENGINEERING and project management company Lycopodium has reported an increased full-year profit, despite an 18% drop in revenue.
Full Story...
RCR beats profit forecast
(Monday, 23 August 2010)
ENGINEERING company RCR Tomlinson has beat its forecast profit guidance for the year, reporting a 25% year-on-year jump in net profit after tax for 2010 and an increase in dividends.
Full Story...
Boart sees recovery
(Monday, 23 August 2010)
DRILLING giant Boart Longyear has seen a recovery in global operations, prompting the company to boost its workforce and raise its 2010 full-year guidance.
Full Story...
Macmahon picks up Karara rail contract
(Friday, 20 August 2010)
MACMAHON Holdings has been awarded an $A86 million contract to construct the rail line for Gindalbie Metals’ Karara iron ore project in Western Australia.
Full Story...
No surprises in Swick’s results
(Friday, 20 August 2010)
PRELIMINARY unaudited results for drilling contractor Swick Mining Services confirm its previous lower profit guidance for 2009-10 with $A97.8 million generated from services.
Full Story...
Nullagine contract boosts Watpac
(Friday, 20 August 2010)
A STRONG performance by Watpac’s civil and mining contracting divisions has helped the listed contractor and property developer achieve an after-tax profit of $A26.8 million for the 2010 financial year – 138% up on the previous year.
Full Story...
Big write-downs but strong underlying results: Downer
(Thursday, 19 August 2010)
THE Australian market has taken a relaxed attitude to a well-flagged $A190 million write-down by engineering and infrastructure group Downer EDI that led to a 98% profit drop for the year.
Full Story...
Strong annual results from Sedgman
(Thursday, 19 August 2010)
COAL preparation plant specialist Sedgman performed strongly in the recent financial year, lifting its net profit after tax by 252% from the previous year to $A25 million.
Full Story...
NRW secures contract extension
(Wednesday, 18 August 2010)
SPECIALIST mining and civil contractor NRW Holdings has been awarded a 12-month extension to an existing contract with Fortescue Metals Group valued at $A112 million.
Full Story...
Brierty secures another Mid West contract
(Wednesday, 18 August 2010)
CIVIL contractor Brierty has secured a $A10.8 million contract for the upgrade of the access road to the Karara iron ore project in Western Australia’s Mid West region.
Full Story...
Coffey profit takes a plunge
(Wednesday, 18 August 2010)
COFFEY International is cautious about the year ahead after reporting a 16% year-on-year dip in net profit for 2010 on the back of a disappointing second half.
Full Story...
Nomad flags $61M loss
(Wednesday, 18 August 2010)
MINING camp builder Nomad Building Solutions expects to report a $A61 million loss for the 2010 financial year on the back of writedowns of goodwill and fixed assets.
Full Story...
It’s back ...
Exclusively for Premium Subscribers
(Wednesday, 18 August 2010)
JUST when it seemed safe to forget about tyres, the shortage that could make the hardest of mine managers crumble has returned.
Supply Side
by Noel Dyson.
Full Story...
The MAC sets sights on expansion
(Tuesday, 17 August 2010)
MINING accommodation provider The MAC Services Group has delivered a 16% increase in net profits for the 2010 financial year and is well placed to continue the expansion of its portfolio.
Full Story...
Mining Briefs: Venturex, Richmond, OZ and more
(Tuesday, 17 August 2010)
REVISED resource estimates for Venturex Resources, positive metallurgy for Richmond Mining, financial adjustments for OZ Minerals, exploration updates for Greater Bendigo Gold Mines and Avanco Resources, contract appointments by Moly Mines and new acreage for Drake Resources in Mauritania, were the main headlines in
Mining Briefs
today.
Full Story...
Monadelphous continues to deliver
(Tuesday, 17 August 2010)
ENGINEERING company Monadelphous Group has delivered its ninth consecutive year of earnings growth after announcing a 12% year-on-year profit increase in 2010.
Full Story...
Macmahon’s order book reaches $2.2B
(Tuesday, 17 August 2010)
DELIVERING a 20% rise in full year profits after tax of $A37.9 million and showing off an order book of $2.2 billion was the good part. However, mining contractor Macmahon Holdings has warned a repeat of such good times is less assured if the proposed Minerals Resources Rent Tax gets through.
Full Story...
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TODAY'S NEWS
FMG shareholder files for damages
Mining gains, though Labor looks likely
Another quick boost for Bathurst
Stanmore unveils maiden Mackenzie resource
Mining Briefs: Dragon, Tasman, Legacy and more
Two plaintiffs pull out of Ramu tailings injunction
Paulsens purchase paying off
Deal on patent technology reshapes Wonarah economics
Executive Outcomes: Carrick, Condor, Ironbark and more
A green challenge
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