Sedgman’s latest progress claim for Heron Resources has been met with another rejection due to a violation of a guaranteed maximum price (GMP) framework, according to the base metals developer.
Thiess has secured a nine-year, $1.7 billion contract for works on the Jwaneng diamond mine’s Cut-9 expansion in Botswana, southern Africa.
Woodside Energy has awarded a contract to CIMIC Group’s UGL as part of the latter’s joint venture (JV) with Cape at the Karratha gas plant in Western Australia.
Sedgman is persisting in its claim for additional costs related to works at the Woodlawn project despite rejection from the contract superintendent.
A claim from contractor Sedgman for $49.9 million in additional costs from contractor Heron has been rejected by the contract superintendent.
CIMIC Group has won a $90 million contract with Australia Pacific LNG to deliver over 300 coal seam gas wells in the Surat Basin, Queensland.
CIMIC Group has cited its mining contracts as a key factor in the company’s growth throughout 2018.
Thiess has secured a $150 million contract extension at BHP Billiton Mitsubishi Alliance’s (BMA) Caval Ridge coal mine in the Bowen Basin, Queensland.
CIMIC-owned Thiess has secured a $1.2 billion mining services contract at the Mt Arthur coal operation in the Hunter Valley.
BHP Nickel West has awarded a $190 million contract to Thiess for its mining services at the Leinster underground nickel mine in Western Australia.
Resource Generation subsidiary Ledjadja Coal has awarded Sedgman $US310 million ($418 million) of mineral processing contracts.
CIMIC Group released its latest quarterly (Q1) results today, announcing year-over-year growth of 10 per cent to its core businesses, 17 per cent to operating cash flows and a strong net cash position of $912 million, up $634 million from this time last year.
Mineral processing contractor Sedgman has won contracts at QCoal Group’s Byerwen coal mine in Queensland worth almost $100 million.
Mining and construction contractor CIMIC Group has selected Thiess managing director Michael Wright as the new deputy CEO.
Stanwell Corp has awarded Sedgman a $6 million engineering, procurement and construction (EPC) contract to provide a tailings dewatering facility at the Meandu mine coal handling and preparation plant in Queensland.
Major contractor CIMIC Group has sold its stake in Macmahon Holdings, six months after it launched a takeover attempt for the smaller services company.
Heron Resources has awarded a $107 million engineering, procurement and construction (EPC) contract at the Woodlawn zinc-copper project in New South Wales to Sedgman.
The Takeover Panel has decided not to become involved in Cimic’s proposed acquisition of Macmahon Holdings.
Macmahon Holdings, which is a takeover target of leading contractor Cimic, has signed an agreement for what it calls a “potentially transformational transaction” that raises doubt about its suitor’s acquisition plans.
Mining contractor Macmahon Holdings has labelled the takeover offer it received from Cimic Group as “inadequate” and “opportunistic”, while advising its shareholders to reject the bid.