Sentences with phrase «mining services companies»

We were buying mining and mining services companies at crazy prices at the same time.

A joint venture between mining services companies Ausdrill and Barminco has been named the preferred contractor for work at AngloGold Ashanti's Geita gold mine in Tanzania, with the deal worth about $ US70 million ($ A99.5 million).

Perth mining services company Viento Group has foreshadowed strong growth in revenue and underlying earnings in the current financial year following a series of acquisitions.

Accounting firm EY says debt levels and an ongoing focus on costs is placing more pressure mining services companies in Western Australia.

On Monday, Adani said it had cancelled a contract with mining services company Downer.

Faffing about at the smaller end of the market actually impeded our ability to buy larger mining services companies like Monadelphous (MND) and WorleyParsons (WOR) when they eventually got caught up in the pessimism.

Since the end of last year, we've purchased shares in what we'd consider good businesses with growth opportunities in the UK and Australia; additional shares in a couple of mining services companies as tax selling and a further decline in sentiment drove down prices; and a couple of Hong Kong - listed companies with decent businesses and real estate portfolios.

EMERGING mining services company Scanalyse is following the lead of established players like Ausdrill, Lycopodium and Forge by expanding to Africa.

UGL and Sedgeman have joined the growing list of engineering and mining services companies forced to slash costs in response to a slowdown in project work.

Mining services company MACA plans to broaden its gold portfolio through the purchase of local private business Alliance Contracting for $ 5 million.

The parent company of Perth - based mining services company JSW Australia has entered voluntary administration, with representatives of McGrathNicol appointed yesterday.

Former mining services company Viento Group is under new leadership after a board restructure replaced all directors, including John Silverthorne, who in July struck a deal to buy all of the company ’s

Local mining services companies Ausdrill, Emeco Holdings and Lycopodium have posted net losses for the financial year, with lower activity in the resources sector weighing on their pipelines of available work.

Diversified mining services company Mineral Resources has announced plans to acquire Atlas Iron in a scrip deal that values the iron ore miner at $ 280 million.

Mining services company Austin Engineering has launched a $ 31.6 million entitlement offer through broking firms Argonaut and Bell Potter, with the proceeds to be used to reduce debt.

By: Robyn Wilkinson 16th December 2016 Mining services company Murray & Roberts Cementation will complete its contract at diamond miner Petra Diamonds» Gauteng - based Cullinan mine this month, concluding the largest portion of the R4 - billion Phase 1 expansion project that will initially extend the diamond mine's life span by about 15 year →

One of the dominant retail banks in the U.K., was the top contributor to performance for the quarter and an Australian mining services company was the largest detractor.

Browning says many mining services companies face financial stress after spending cuts, so he expects consolidation.

SubZero Group chief executive Scott Farrell has stepped down from the role with immediate effect and fellow director Joe Clayton will in the interim take the reins at the Hunter Valley mining services company.

In - play mining services company Bradken is expected to usher suitors Pacific Equity Partners and Bain Capital into final stage due diligence, in an effort to secure an agreed $ 872 million takeover offer.

Mining services company Ausdrill has announced plans to sell its underperforming DT HiLoad truck tray manufacturing business, and is in discussions with several interested parties.

Also touching on the telco and mining services companies in Australia.

One of the state's largest mining services companies has received a boost, with BGC Contracting securing a five - year contract extension worth $ 520 million at Cliffs Natural Resources» Koolyanobbing iron ore mine.

Mining services company Viento Group has gone into administration, despite having won major new contracts in the past month with iron ore miners BC Iron and Rio Tinto.

Mining services company Ausdrill may be $ 8 million out - of - pocket after Western Desert Resources announced it had fallen into the hands of administrators on Friday.

The legal battle between BC Iron and Watpac Civil & Mining has intensified with the mining services company serving a counterclaim to the iron ore miner and its joint venture partner, now seeking about $ 52.8 million.

Welshpool - based Maca has posted a slight fall in profit for the financial year but increased revenue by 1 per cent, despite it being a tough time for contractors and mining services companies in the current market.

Mining services company Ausdrill has been named the preferred contractor for a $ US300 million ($ A415 million) contract at Kefi Minerals» Tulu Kapi gold project in Ethiopia.

Mining services company Ausdrill has suffered a 148.5 per cent fall in full - year profit to make a loss of $ 43.9 million, on the back of $ 77.9 million in write - downs and impairment charges as a result of the diminished outlook for mining services.

Mining services company Ausdrill has secured three contract extensions, highlighted by a two - year, $ US108 million ($ 142 million) deal at the Iduapriem gold mine in Ghana.

He has held senior managerial positions in South Africa and Australia with a number of mining and mining services companies, including Anglo American, Rio Tinto and Snowden.

And then there are the mining services companies.

Graeme Browning, an Ernst Young partner who leads transaction advisory services, says valuations have fallen to a point where deals are becoming attractive to mining and mining services companies.

Mr Clapham said the sectors that are doing it tough will probably include contractors and mining services companies, as well as airlines, certain retail categories and old media.

I guess it would be wise to stay clear of all mining services companies for the time being except perhaps WOR