Downer has completed the sale of Otraco to Bridgestone Mining Solutions for an enterprise value of $79 million.
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Downer puts sale of mining business on hold
Downer EDI has folded the sale process of its mining business due to the “extraordinary market volatility” caused by the coronavirus pandemic.
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OZ Minerals keeps Carrapateena on track
OZ Minerals’ development of the Carrapateena copper-gold project in South Australia is taking shape as planned.
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OZ Minerals awards $660m Carrapateena contract to Downer
Downer EDI will deliver underground mining services at OZ Minerals’ Carrapateena copper-gold project in South Australia after being awarded a $660 million contract at the operation.
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OZ Minerals awards $312m EPC contract at Carrapateena to Downer, Ausenco
Joint venture partners Downer EDI and Ausenco have been awarded a $312 million contract at OZ Minerals’ Carrapateena copper-gold project in South Australia.
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Downer unveils $1.3bn takeover bid for Spotless
Engineering company Downer EDI has launched a $1.26 billion takeover offer for catering and contracting group, Spotless.
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Downer EDI to cut jobs as profit slides
Downer EDI said it may be forced to cut jobs after posting a four per cent decline in profit.
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Drugs dismissal at Boggabri upheld by FWA
The dismissal of a haul-truck driver at the Boggabri coal mine after testing positive for methamphetamine was upheld in a decision by Fair Work Australia.
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BHP cancels Downer EDI Goonyella Riverside coal mining contract
BHP has cancelled its overburden removal contract with Downer EDI at the Goonyella Riverside coal mine.
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Downer wins Whitehaven Coal Maules Creek CHPP construction contract
Whitehaven Coal has awarded Downer EDI the contract to construct the Maules Creek mine coal handling and processing plant.
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Downer wins mining contract extension at Boggabri Coal
Downer EDI has won a one year mining contract extension for its operations at the Boggabri coal mine.
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Downer wins Commodore coal contract
Downer EDI has been awarded the contract to continue to provide mining services at the Commodore coal mine.
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Downer EDI flags revenue uncertainty
Downer EDI says a reduction in major capital works by miners will affect the company’s bottom line, with uncertainty surrounding revenue for the 2014 financial year.
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Downer donates $50k a year to the Smith Family
Downer EDI will donate $150,000 over three years to the Smith Family to help disadvantaged Australian kids access education and learning programs.
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800 applications received for 70 jobs at Boggabri mine
Just five months after cutting 100 jobs at Boggabri coal mine, Downer EDI have rehired 42 people, eight of which are previously retrenched workers.
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Rough road ahead for Downer EDI
Contractor Downer EDI indicated it will lose as much as $650 million in revenue in its mine services sector in the wake of the downturn in the mining industry.
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70 jobs on offer at Boggabri coal mine
Just three months after cutting 100 jobs at Boggabri coal mine, Downer EDI have announced plans to hire 70 new positions at the project, with an emphasis on recruiting locally.
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Downer wins $230m blasting contracts
Downer EDI has won $230 million in blasting contract extensions.
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Downer to cut 100 jobs at Fortescue’s Christmas Creek mine
Contractor Downer Mining will lay off staff at Fortescue Metals Groups’ Christmas Creek iron ore mine in the Pilbara.
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Union slams coal miner for keeping temporary visa workers
In the face of a coal sector downturn miners are shedding jobs.
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