NRW Holdings

NRW Holdings has taken little time to secure commitments for the funding it requires to complete a $116.4 million acquisition of BGC Contracting.

Stay on top of the most popular stories on Australian Mining over the past week, including a review of the fall in iron ore prices since July.

NRW Holdings has confirmed it has been selected as the preferred bidder for the sale of BGC Contracting, subject to final documentation and conditions.

Rio Tinto has awarded a $95 million mine pre-strip contract for its Koodaideri project in Western Australia to NRW Holdings.

NRW Holdings is confident in “strong activity levels” across the resources and infrastructure sectors moving ahead into the 2020 financial year.

Gascoyne Resources has delivered record monthly production at the Dalgaranga gold operation in Western Australia.

Baralaba North contractor Golding is producing at the Bowen Basin coal mine again after operations were suspended at the site due to the death of an employee last weekend.

Engineering contractor Civmec has recorded a 51 per cent increase to its order book in the March quarter on the back of major contract wins with BHP and Albemarle.

WorleyParsons has been awarded a major works contract at Rio Tinto’s Koodaideri iron ore project in the Pilbara region of Western Australia.

NRW Holdings has received about $72 million worth of work from Coronado Curragh, with the largest package being a $50 million addition to its existing contract at the Curragh coal mine in Queensland.

Gascoyne Resources has announced an equity raising worth $24.4 million in order to gain working capital and funds for its struggling Dalgaranga gold project in Murchison, Western Australia.

Gascoyne Resources incurred a net loss of $47.2 million in the six months ended December 31 last year, the company has announced.

Fortescue Metals Group has now officially awarded NRW Holdings an ambitious rail project contract first announced at the end of last year.

NRW Holdings head Jules Pemberton says the company has received “positive engagements” from clients following its acquisition of two RCR Tomlinson companies.

NRW Holdings will purchase RCR Tomlinson’s mining and heat treatment divisions in the next two weeks for $10 million.

NRW Holdings has scooped a $65 million contract to deliver bulk earthworks at Rio Tinto’s Koodaideri iron ore development in the Pilbara, Western Australia.

NRW has been selected by Fortescue Metals Group as its preferred contractor at the Eliwana rail project in the Pilbara in Western Australia. 

NRW Holdings’ leadership is confident of the company’s contract prospects as it heads into the 2019 financial year.

NRW Holdings subsidiary Golding Contractors has been awarded a five-year $500 million contract extension by Stanmore Coal.

NRW Holdings subsidiary Golding has inked a contract with Fitzroy Australia Resources for works at the Ironbark No.1 coal mine in Queensland.