Leighton Holdings has released the strategic blueprint which will form its new business model, and says that sell-offs or mergers are likely in its aim to streamline.
Santos GLNG, Thiess and Saipem Australia were awarded last week for the innovative Narrows Crossing tunnel between Gladstone and Curtis Island.
A former boilermaker has been awarded more than $800,000 after crushing his foot while working at Queensland mine site.
In his first shareholder address, new Leighton Holdings’ CEO Marcelino Fernandez Verdes said cutting costs and accelerating change at the company was a top priority.
The CEO of Thiess mining operations in India, has been released on bail following his arrest for charges of cheating and criminal breach of trust.
The chief of Thiess mining operations in India has been arrested on charges of cheating and criminal breach of trust.
A strong performance in infrastructure and oil and gas construction has seen Leighton Holdings post a 24 per cent increase in net profit to $152 million for the three months to December.
Leighton Holdings’ majority shareholder is considering whether to merge or ditch business arms John Holland and Thiess amid a major shake-up at the company.
Leighton Holdings CEO Hamish Tyrwhitt and CFO Peter Gregg have both been terminated, effective immediately, as majority shareholder Hochtief increased its stake in the company to 74 per cent.
Liebherr has released a video showing the construction of a massive excavator for the Lake Vermont coal mine.
The NSW Minerals Council and its mining company partners are inviting high school students to apply for the 2014 NSW Mining Scholarships program.
Western Desert Resources has awarded Thiess a three year, $135 million mining services contract.
Thiess has won a $230 million one-year contract extension at Glencore’s Mt Owen coal mine which will see the contractor continue full services at the site until 2016.
Thiess have won an additional $550 million contract at the Lake Vermont Coal mine,near Dysart in Central Queensland.
Looking to deliver low cost, high volume continuous mining solutions contractor Thiess and European power generators and lignite miners RWE Generation are joining forces, signing a joint venture agreement.
Mining contractor Thiess will cut 40 jobs when it shuts two regional offices in December.
GlencoreXstrata have told Collinsville community members that the coal mine will not reopen until early 2014 if new employee arrangements cannot be finalised.
Consultants are on the ground in Collinsville helping businesses stay afloat as the closure of the town’s coal mine continues to impact the community.
Boggabri Coal has awarded the Thiess Sedgman Joint Venture a $186 million contract to design and construct a Coal Handling and Preparation Plant (CHPP).
Over 100 people turned out to a community meeting held in Collinsville last night as locals are becoming increasingly concerned their town will go under as Glencore keep the coal mine closed.