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Mining and Heavy Industries

Mining and Heavy Industries

Miners not happy with ‘retrograde’ NSW changes

NSW coal miners are up in arms over the state government’s recent moves to toughen up the approval process for major mining projects. The Baird Government on Tuesday released a draft amendment to NSW’s
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Oliver ProbertJuly 9, 2015, 8:50 pmJuly 9, 2015
Logistics, Ports & Terminals, Mining and Heavy Industries

Asciano deal triggers privatisation talks

The chairmen of Australia’s two biggest container ports have both gone on record this week, suggesting Brookfield’s $9bn bid for Asciano could trigger a bevy of infrastructure privatisation moves from
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Oliver ProbertJuly 9, 2015, 8:45 pmJuly 9, 2015
Engineering, Equipment & Technology, Mining and Heavy Industries

Spanish firm strikes deal with Ausenco

Brisbane-based engineer Ausenco has announced a strategic alliance with Spanish multinational construction firm Duro Felguera, with the two companies looking to work together towards global EPC opportunities. A
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Oliver ProbertJuly 9, 2015, 8:39 pmJuly 9, 2015
Mining and Heavy Industries

BHP’s erstwhile potash prey becomes predator

As BHP Billiton re-jigs management responsibility for its Jansen potash project in Canada, arch competitor Potash Corp of Canada is proposing to buy a German rival. Despite sinking US$3.6bn into its under-construction
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Charles MacdonaldJuly 1, 2015, 2:08 pmJuly 1, 2015
Mining and Heavy Industries

Builder of Xstrata eyes Rio’s Hunter coal assets

Mick Davis, who grew Xstrata from a $500m stripling in 2001 to a $46bn behemoth by 2013, is looking to buy Rio Tinto’s Hunter Valley thermal coal mines. Mick Davis formed private equity vehicle X2 two
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Charles MacdonaldJuly 1, 2015, 1:57 pmJuly 1, 2015
Mining and Heavy Industries

Port Hedland housing dead

Mortgage re-possessions are in full swing in Port Hedland as the mining boom moves from the construction to production phases. According to an article in the Australian Financial Review (AFR), distressed
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Charles MacdonaldJuly 1, 2015, 1:46 pmJuly 1, 2015
Mining and Heavy Industries

Peabody assets on the block in Australia

It’s been a rough old trot for Peabody Energy, the world’s largest private-sector coal company, with its share price falling from around US$72 at the peak of the mining boom to US$2.70 today. In
Read More
Charles MacdonaldJune 25, 2015, 12:05 pmJune 25, 2015
Engineering, Mining and Heavy Industries, Staffing, Recruitment & Training

Bradken boss to retire

Long time Bradken CEO and MD Brian Hodges will step down from the company in a difficult period as it fends off predators and struggles to cope with a moribund mining market. Hodges spent 18 years at Bradken,
Read More
Staff WriterJune 25, 2015, 11:58 amJune 25, 2015
Engineering, Mining and Heavy Industries

Monadelphous and WICET go head to head

It’s lawyers at nine paces as Wiggins Island Coal Export Terminal (WICET) and engineering group Monadelphous take to the courts in a bid to resolve disputes over construction contracts for parts of Queensland’s
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Charles MacdonaldJune 19, 2015, 2:48 pmJune 19, 2015
Mining and Heavy Industries

Is iron ore’s price upturn reversing?

It was a disappointing offshore session for iron ore with the commodity falling for the third straight session, down 3.7% to US$62.10. According to Business Spectator, iron ore for immediate delivery to
Read More
Charles MacdonaldJune 19, 2015, 2:46 pmJune 19, 2015

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