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.
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.
Heron Resources has received a claim from CIMIC Group subsidiary Sedgman for $49.9 million in additional costs for works at the Woodlawn zinc-copper project in New South Wales.
UGL has secured the latest contracts in the resources industry for parent company CIMIC Group with $200 million of extensions to supply maintenance and turnaround services for oil and gas sector clients.
CIMIC Group company Sedgman has been awarded a $155 million minerals processing contract at QCoal’s Byerwen coal mine in Central Queensland.
CIMIC has moved into 2019 with a strengthened order book of work in the coal mining industry.
Sedgman has been awarded $100 million of contracts with Mach Energy and QCoal to operate and maintain the Mount Pleasant and Byerwen coal handling and preparation plants (CHPP).
New Century Resources managing director Patrick Walta jokes that he struggled to get a gig presenting at any of Australia’s mining events a year ago.
Resource Generation subsidiary Ledjadja Coal has awarded Sedgman $US310 million ($418 million) of mineral processing contracts.
New Century Resources has strengthened a mining services relationship with Sedgman at the Century zinc operation in Queensland.
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.
CIMIC executive chairman Marcelino Fernándo Verdes has cited the company’s strong position moving into 2018 following strong returns in 2017.
CIMIC Group is the first of several mining and related services companies that have been named in LinkedIn’s Top Companies list for Australia.
New Century Resources has awarded a $40 million engineering, procurement and construction (EPC) contract to Sedgman for the Century zinc mine restart in Queensland.
Global contractor CIMIC has used improving market conditions in mining and minerals processing to help increase its 2017 profits by 21 per cent.
Mineral processing contractor Sedgman has won contracts at QCoal Group’s Byerwen coal mine in Queensland worth almost $100 million.
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.