Ausdrill has won contracts in Western Australia worth a combined $171 million, including for underground mining services at Regis Resources' Rosemont project.
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.
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.
SPECIAL REPORT: WA's 30 gold miners achieved a small increase in aggregate output last year with the state's biggest producer, Newmont Mining, making up about a sixth of this at 1.1m ounces, research by Business News has found.
Ausdrill has announced its first major acquisition since the retirement of founder Ron Sayers last month, with the company set to purchase mining services contractor Barminco in a cash and scrip deal worth $271.5 million, while also announcing a $250 million capital raising.
A joint venture between Perth companies Ausdrill and Barminco has been awarded a $US160 million ($220 million) mining services contract for Roxgold in West Africa.
A joint venture between Ausdrill and Barminco has secured a mining services contract worth $US211 million ($280 million) for the Siou mine in Burkina Faso.
SPECIAL REPORT: Gina Rinehart's Hancock Prospecting and its subsidiary, Roy Hill Holdings, have moved to the top of the Business News annual ranking of private companies in Western Australia, as their surging revenue put them ahead of building company BGC Australia.
SPECIAL REPORT: Data from the annual BNiQ Search Engine biggest employers list suggests an economic recovery is under way as mining and civil contractors boost their workforce numbers.
Mining contractor Barminco has reported a $98.7 million net loss for the 12 months to June, with contract issues during the year partially offset by improved performance in its Africa-focused joint venture.
Mining contractor Barminco has announced the recruitment of Thiess executive general manager Paul Muller as its new chief executive, succeeding Peter Stokes who resigned last month.
Mining contractor Barminco will continue providing its services to Western Areas' Flying Fox and Spotted Quoll nickel mines under a $236 million contract extension.
Mining work at the Kundana gold operation will be done in-house from next month, after majority owner Northern Star Resources ended a $275 million contract with Barminco two years early.
Ausdrill-Barminco joint venture African Underground Mining Services has won a $US280 million ($A373 million) contract to provide its services to Newmont Mining's Subika underground gold operation in Ghana.
Gresham Investment House-owned mining contractor Barminco has secured a $100 million credit facility and closed a $US350 million bond issue to refinance its bond debt.
Hancock Prospecting is poised to become Western Australia's biggest private company after a investment and acquisition spree in iron ore and agribusiness which is expected some time this year to push its revenue past that of the incumbent number one for the past 12 years, home builder BGC. A 2018 reranking appears certain following research for the Business News Private Companies list published today in a special report.
Perth-based private mining contractor Barminco has posted a 30.7 per cent rise in operating profit for the 2016 financial year, with the company optimistic about prospects in the gold sector for the year ahead.
Local innovators and resources industry professionals, including Karara Mining, Barminco and Fortescue Metals Group, were recognised at two separate awards ceremonies held this week.
Mining contractor Barminco has won a $275 million contract to provide its services to the Northern Star Resources-majority owned Kundana gold mines in the Goldfields.
SPECIAL REPORT: A flurry of deals over the past fortnight, including four acquisitions by international companies expanding in Western Australia and the year's largest capital raising, has added life to a flat corporate finance market.
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).
Former Sirius Resources boss Mark Bennett and director Neil Warburton have joined the board of Independence Group, which acquired Sirius in a $1.8 billion takeover last month.
THE launch this month of independent oil and gas producer Quadrant Energy has underlined the big role private equity investors play in Western Australia, owning more than a dozen major businesses a
Returns to Western Australia mining, engineering and technical services players operating offshore have been blunted by the falling commodities prices and sovereign risk.
Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.
Mining contractor Barminco has posted a small increase in underlying earnings in the March quarter, as cost reductions and efficiency measures offset a dip in quarterly revenue to $123.9 million.
The news from the iron ore and petroleum sectors may be disheartening for producers and investors alike, but another of Western Australia's mineral exports is proving as resilient as stainless steel.
In a rare interview, Byrnecut executive chairman Steve Coughlan spoke to Business News about the growth of the low-profile mining contractor into one of WA's biggest private companies. Click through to see our comprehensive BNiQ list of private companies.
