Engineering company WorleyParsons has announced plans of a restructure that will split the group into three divisions.
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Creditors vote to liquidate Forge Group
Forge Group will be placed into liquidation after a vote by creditors and former employees in Perth.
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Forge Group may have been trading while insolvent
An initial report into what led to the collapse of Forge Group has found the company may have been trading while insolvent as early as November 2013.
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Forge Group goes into administration as ANZ withdraws support
Embattled mining services company Forge Group has gone into administration after ANZ Bank withdrew financial support for the business.
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Sluggish post-boom WA not bound for economic bust
Western Australia will experience sluggish short term growth as the state transitions from its mining construction bonanza.
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The 10 things mining should expect in 2014 – New year, new approach
Successfully navigating the year ahead will require fresh thinking in the mining sector. Alex Heber reports.
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Commodity returns over the last decade: Chart
Nickel has been the most volatile commodity over the last ten years, according to US Global Investors data.
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Miners still earning the big bucks
A softening mining sector is weighing down on workers’ pay packets but mining still has some of the highest paid roles nationally, a new report has found.
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Peabody’s Australian mines drag down results
Coal mining major Peabody Energy says its revenue results are being dragged down by weak Australian operations.
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GE and Komatsu join forces, developing next wave of underground mining equipment
Komatsu is making its way underground as it joins forces with GE Transportation to develop a range of next generation mining equipment.
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Storm strikes Fortescue results
Wild weather is to blame for weaker iron ore production, Fortescue Metals Group today told investors.
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Little chance of reprieve for fading resources sector
Softer commodity prices and rising construction costs are driving down project investment levels in Australia’s resources sector.
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Top 10 mining trends for 2014 – 6. Local community demands heat up
Now more than ever before a miner’s social licence to operate is just as important as its mining licence.
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Forge braces for loss of up to $25m
After three trading halts, numerous writedown adjustments, and project cost blowouts engineering firm Forge Group has this morning announced it is bracing for a loss of up to $25 million for the 2013/14 financial year.
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Mining markets: December 2013 quarter
The commencement of Fed tapering was a key market driver during December, as was the bipartisan agreement on government spending levels for the next two years.
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Cat forecasts weaker mining future, signals share buyback
The iconic yellow machinery manufacturer Caterpillar says it doesn’t expect much of a turnaround as it heads into 2014. Alex Heber reports.
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Downer secures $100m worth of BHP contracts
Contractor Downer EDI Mining has today bagged $100 million worth of BHP Billiton contracts.
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Top 10 mining trends for 2014 – 5. Record impairments
Over the coming weeks Australian Mining will be showing you what to expect in the year ahead, in a 10 part series which will analyse the top ten trends for 2014.
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Third time lucky? Forge enters another trading halt
Mining services company Forge Group has today entered its third trading halt in as many months.
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Top 10 mining trends for 2014 – 4. Funding fault lines appear
Over the coming weeks Australian Mining will be showing you what to expect in the year ahead, in a 10 part series which will analyse the top ten trends for 2014.
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