Downer has been awarded a $400 million contract to provide mining services at the Gruyere gold joint venture between Gold Fields and Gold Road Resources in Western Australia.
Adani has decided to manage its $16 billion Carmichael coal mine development in Queensland’s Galilee Basin as an owner-operator, scrapping the agreements it had with contractor, Downer.
Spotless has recommended its shareholders reject a $1.26 billion takeover made for the company by engineering group, Downer EDI.
Downer has secured five contracts worth more than $250 million for mining services at several operations sites.
Downer has secured a four year contract extension with Karara Mining until March 2022
Downer EDI has signed a two year extension for mining services at Stanwell’s Meandu coal mine and a technical services agreement with Adani.
Downer EDI has completed a partial extension of the company’s $400 million syndicated debt facility. The move reduces the company’s future refinancing risks. The facility previously had a maturity date of April 2019, however this has now been restructured into two tranches, with the first $200 million tranche continuing to mature in April 2019, whilst … Continue reading Downer completes debt extension
Downer’s contract at Fortescue Metals‘ Christmas Creek mine will not be renewed as the miner moves to a an owner-operator model.
Metals company TNG has signed a development, construction, and mining MoU with Downer for the Mount Peake vanadium mine.
Southern Cross will fill Downer’s boots, after the contractor walked away from an ammonia plant construction job.
Downer has pulled out of the Burrup Peninsula ammonium plant construction project over a pay dispute.
Hughes Drilling has been subcontracted by Downer to provide overburden and coal drilling services at the Blackwater mine.
Blackwater coal mine employees are up in arms over redundancies announced this week which will see full time staff replaced with contract workers from Downer EDI.
Downer has been awarded two contracts worth $225 million at BMA’s Blackwater coal mine.
Downer EDI has flagged a further fall in profit due to the downturn in the resources sector.
Downer EDI has won a $100 million contract for mining services at BHP Billiton’s Blackwater coal mine in Queensland.
Downer EDI has announced that all royalties from the sale of its Remote Grease Pressure Release System will be donated to A Miner’s Legacy, a not-for-profit foundation that provides support and assistance to families of mine workers involved in fatal mine accidents.
Downer EDI has come under fire for overstating the number of jobs which will be created by the Carmichael coal project.
Downer has been awarded the $70 million contract for mining at Glencore’s CSA mine.
Good news for 400 of the 700 strong workforce at Christmas Creek 2, who will be rehired by Downer EDI.