NRW

Stay on top of the most popular stories on Australian Mining over the past week, including Metals X’s operation suspension at the Nifty mine in Western Australia.

NRW Holdings has confirmed it will buy BGC Contracting in a transformational deal that gives the target an enterprise value of $310 million.

Emeco has surfaced as one of the Australian-listed companies that is showing interest in acquiring up-for-sale BGC Contracting.

Rio Tinto has awarded more than $60 million of contracts to Aboriginal businesses to develop the Koodaideri iron ore project in the Pilbara, Western Australia.

Stanmore Coal and NRW Holdings are set to maintain run-of-mine (ROM) coal volumes from the Isaac Plains East mine in Moranbah, Queensland with the addition of a third truck and excavator fleet.

NRW Holdings will continue its capacity as a mining contractor to Gascoyne Resources at the Dalgaranga gold project in Western Australia irrespective of the latter’s voluntary administration.

NRW Holdings has denied media speculation that it has been in advanced talks to acquire BGC Contracting.

NRW Holdings subsidiary RCR Mining Technologies has received a significant original equipment manufacturer equipment package for Rio Tinto Iron Ore’s Koodaideri project in the Pilbara, Western Australia.

NRW Holdings has been awarded a $137 million contract by Rio Tinto for the Koodaideri iron ore project’s rail formation south earthworks.

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.

Fortescue has posted a large boost to profits and a surge in iron ore prices for the six months ending December 31, 2018.

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

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

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

Stanmore Coal has achieved sales and revenue growth for FY2018 on the back of strong operational performance and improved coal sector prices.

Mining contractor NRW Holdings will release its first dividend to shareholders since October 2014 as the result of a positive financial year.

Golding Contractors will start production at Stanmore Coal’s Isaac Plains East mine in the Bowen Basin next month as part of a $93 million contract extension.

The $420 million deal between Golding and Wonbindi over Baralaba North coal mine in Queensland has now been finalised.

NRW Holdings has been awarded a major earthworks and civil works contract worth $37 million at Rio Tinto’s Marandoo iron mine in the Pilbara, Western Australia.

How did 2017 fare for services companies operating in the Australian mining industry.