RCR Tomlinson, which grew rapidly to be one of Australia's largest engineering contractors with annual revenue of $2 billion, 3,400 staff and multiple contracts in WA, has been placed into administration after failing to secure new funding.
Zenith Energy has amended its power purchase agreement with Northern Star Resources to add a further 6-megawatts to its power station at the Jundee gold mine.
RCR Tomlinson has been served with a shareholder class action, as the engineering contractor requested a one week extension to its suspension from the ASX while it seeks to clarify its earnings outlook and funding requirements.
Shares in NRW Holdings have jumped 7.14 per cent today, after the mining contractor said it expected a 45 per cent uptick in revenue for the six months to December compared with last year.
Engineering consultancy GHD has been awarded a $6.7 million contract to design upgrades to the rail network around Claremont train station as part of the state government’s Metronet project.
Monadelphous joint venture Zenviron has been awarded a contract with a wind farm group in regional Victoria, while Primero has announced new contracts worth $30 million.
Subiaco-based Civcon Civil & Project Management has been awarded a $55 million contract as part of Golden Group’s $3.8 billion Belmont Park Racecourse development.
NEXTDC has struck a deal with ASX-listed Superloop, giving the Brisbane-based company connectivity to the new Indigo subsea cable system for its Perth operations, including an $80 million data centre currently under construction.
Sheffield Resources has confirmed GR Engineering Services will design and build the processing plant for the mineral sands-focused company’s Thunderbird project in the Kimberley.
Shares in Altura Mining have finished 36 per cent higher today after the lithium producer announced an offtake deal with Chinese company Ganfeng Lithium.
CIMIC Group’s Thiess has been awarded a contract to install autonomous haulage system technology at Fortescue Metals Group’s Christmas Creek iron ore operations in the Pilbara.
Pindan has secured a state government contract as part of a project to build a new headquarters for the WA branch of the Returned and Services League on St Georges Terrace.
Lycopodium has secured an engineering contract with Scarborough-based West African Resources for its Sanbrado gold project in Burkina Faso, which has commenced early works.
Four of the largest construction contractors in WA - unlisted companies Pindan, Georgiou Group, Doric/Jaxon and Perkins Builders - have achieved strong earnings and anticipate better conditions ahead.
CIMIC Group’s Broad Construction has secured an $84.8 million state government contract to complete an expansion at the Casuarina Prison south of Perth.
Melbourne-based Delta Group has been awarded two contracts in Western Australia, with a $4.2 million demolition job for the state government and work for CBH Group.
Pacific Energy has won a power supply contract with Panoramic Resources for the restart of the nickel producer’s mothballed Savannah project in the east Kimberley.
Ausdrill-Barminco joint venture African Underground Mining Services has won a US$375 million underground mining services contract at AngloGold Ashanti’s Obuasi project in Ghana.
Indigenous contractor Gumala Enterprises has secured a series of new contracts, including with iron ore miners Rio Tinto and BHP Billiton, worth a combined $15 million.
WBHO Infrastructure has secured two contracts worth a combined $50 million for upgrade works to Geraldton Airport and road maintenance work north-east of Perth.
Cassini Resources and OZ Minerals have appointed GR Engineering Services to complete an engineering study for their joint venture West Musgrave copper-nickel project in Western Australia.
GR Engineering Services has secured a $US17.6 million contract ($25 million) to design and build a processing plant for Strandline Resources’ Fungoni mineral sands project in Tanzania.
Barminco has been awarded a four-year extension to two mining services contracts at Gold Fields’ Agnew mine near Leinster, worth a combined $335 million.