Ausdrill has uncovered fraudulent activities relating to an “unrelated invalid supplier” and is working with the police to do further investigations.
Leading miners, METS companies and universities discuss how Australia is solidifying a record year in 2018 by adding more talent into the field.
Ausdrill has reaped the benefits of last year’s Barminco acquisition, posting significant increased profit and revenue over the last half year.
Barminco has been awarded a $100 million underground mining services contract from Hindustan Zinc at the Rampura Agucha mine in India.
Ausdrill has won a series of mining services contracts in Western Australia worth $171 million, including underground work with Regis Resources via last year’s acquisition, Barminco.
Ausdrill has completed the acquisition of underground hard rock contractor Barminco, creating the second largest Australian mining services company by revenue.
African Underground Mining Services (AUMS) has been awarded a $US375 million ($529 million) underground mining services contract at AngloGold Ashanti’s historic Obuasi gold project in Ghana, West Africa.
Ausdrill’s shareholders voted in favour of the proposed acquisition of Barminco at its annual general meeting yesterday.
Barminco has been awarded a four-year contract extension worth $240 million with Independence Group (IGO).
Mining services major Barminco has been awarded two contract extensions worth $335 million in total at Gold Fields’ Agnew gold mine in Western Australia.
Ausdrill has completed the retail component of its $250 million entitlement offer on Barminco, thus finalising its equity raising that was first announced in August.
AngloGold Ashanti has awarded Barminco with a five-year $700 million contract extension at Sunrise Dam.
Ausdrill is set to acquire underground hard rock contractor and African joint venture partner, Barminco, in a deal worth $271.5 million.
Sandvik has introduced the LH517i intelligent loader with a design that aims to meet customer expectations by being safer, more reliable and efficient.
Barminco Holdings has been named by Round Oak Minerals as the preferred contractor for the Mt Colin underground copper mine in Queensland.
The African Underground Mining Services (AUMS) joint venture between Ausdrill and Barminco has secured a mining services contract with Canadian-based miner SEMAFO at the Siou gold operation in Burkina Faso, West Africa.
Underground mining contractor Barminco has been awarded a three-year extension to its long running contract at Western Areas’ Forrestania nickel operations in Western Australia.
Immersive Technologies has experienced investment growth for its underground solutions in Africa since the release of the IM360 simulator.
African Underground Mining Services (AUMS), a joint venture between Ausdrill and Barminco, has secured a $US280 million ($371.5 million) contract at the Ahafo gold complex in Ghana, West Africa with Newmont Mining.
Rio Tinto Iron Ore’s decision to use contractors for all external hires from now on will have impacts felt well beyond the pit.