News Articles for DRA Global

DRA seeks ASX exit

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Engineering contractor DRA Global has announced it intends to exit the Australian and Johannesburg stock exchanges, citing costs and low levels of trading.

Surefire nabs engineering guru to develop WA iron-vanadium

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Surefire Resources has inked an agreement with DRA Global for a full-service engineering package to develop its 100 per cent-owned Victory Bore vanadium-iron project in Western Australia's Mid West region. The signed heads of agreement charges DRA with taking the Victory Bore project from feasibility to construction and finally, into planned dual-country operations in Australia and the Kingdom of Saudi Arabia.

Board Moves March 7, 2024

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Our board moves wrap includes Val Coetzee and Sean Hu.

DRA, former CEO in legal dispute

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Mediation is off the table for former DRA Global chief executive Andrew Naude, who is suing the company over allegations of fair work breaches.

Board Moves October 25, 2023

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Our board moves wrap includes Lindiwe Mthimunye, Val Coetzee, Jonathan Velloza, John Welborn, Craig Mitchell, Andrew Tyrrell, Fiona Wood, Qi Xiao Zhou, Stewart Washer, Peter Harold, and Peter Venn.

Board Moves September 25 to October 6, 2023

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Our board moves wrap includes Casta Tungaraza, Serge Ngandu, Nicolle Fleming, Mark Ashby, Darren Naylor, Oliver Kreuzer, Mohammad Ali Shah, Lawrence Teo, Nick Selby, Greg Jones, Amy Stefonick, Hugh Warner, Chris Hilbrands, Phil Thick, Matthew Gauci, Matthew Worner, Andrew Muir, and Pip Darvall.

Appointments October 6, 2023

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Our weekly appointments wrap includes Wes Smith, Basil Lenzo, Nathan Harman, Chiara Pacifici, Joe Totaro, Kristie Young, Steven Lawrence, Neale Fong, Peter Mansell, Lee Guthrie, Paul Lombard and Sandra Bell.

Sudden exits from DRA boardroom

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Dual-listed contractor DRA Global has announced the surprise departure of four directors, including chairman Peter Mansell, following 'engagement' with the company's biggest shareholder.

DRA Global in earnings turnaround

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ASX-listed engineering business DRA Global has booked an upswing in earnings and moved to a net profit for the first half of 2023, despite a decline in revenue.

Board Moves July 28, 2023

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Our board moves wrap includes Ramon Soares, Benjamin Donovan, Ziggy Lubieniecki, James Smith, Sandra Bell, Arron Canicais, Andrew Nesbitt, Asimwe Kabunga, and Lily Zhao.

Board Moves July 1-3, 2023

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Our board moves wrap includes Steve Bodon, Andrea Betti, Peter Schwann, Paul Weston, Jeff Swingler, Vincent Algar, Susan Park, Stephanie Majteles, Lip Sin Tee, Lip Jen Tee, Charles Pettit, Krista Bates, Nik Senapati, Jacqueline Murray, Nitin Tyagi, Trevor Benson, Jennifer Neild, Matthew Nixon, Mel Ashton, Robert Mosig, Stuart McKenzie, Joanna Kiernan, Peter Ruttledge, Peter Torre, Andrew Strelein, Dan Lougher, Sara Prendergast, Lucas Welsh, Shannon Coates, Joan Dabon, Jo-Ann Long, Cris Moreno, Francis Wedin, Gavin Rezos, and John Kenny.

Hastings drops DRA, awards $210m contract to GR Engineering

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Hastings Technology Metals has adopted a new construction strategy after dumping DRA Global in favour of GR Engineering for works at the Yangibana rare earths project.

Board Moves March 3, 2023

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Our board moves wrap includes Deborah Ho, YaXi Zhan, Harry Miller, David Archer, Andrew Bickley, Ben Secrett, and Frank Sibbel.

DRA Global sued by ex-chief executive

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ASX-listed contractor DRA Global has been hit with a $9 million lawsuit from former chief executive officer Andrew Naude over alleged breaches of his employment contract.

Board Moves October 13, 2022

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Our board moves wrap includes Alison Terry, David Boshoff, Kerryl Bradsaw, James Champion de Crespigny, James Smith, Bob Adam, Simon Wandke, Phil Hoskins, Michael Davis, Robert Rigo, and Peter Brecht.

Board Moves September 9, 2022

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Our board moves wrap includes Kathleen Bozanic, Rachel Rees, Matthew Liddelow, and Philip Bruce.

Appointments September 2, 2022

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Our weekly appointments wrap includes Tanya Moran, Tim Judd, Stephen Brown, Rob Gordon, Dermot Woods, Alan Rule, Steven Wood, Chloe Mason, Craig Carter, Michael Sucher, Gareth Reynolds, Mark Calderwood and Brock Neeling.

DRA rescinds guidance, sells subsidiary

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Perth engineer DRA Global could cop a write-down of up to $20 million on the sale of an underperforming subsidiary, prompting a decision to withdraw its earnings guidance.

DRA hit amid delays, contract issues

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Contractor DRA Global says its revenue may drop by as much as 25 per cent this year after contract losses and project delays.

DRA in management ousting

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A plan hatched by a consortium of senior managers at DRA Global to remove the engineering company's chair and chief executive last month has been elevated to the takeovers panel.

Board Moves March 11, 2022

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Our board moves wrap includes Mark Mitchell, Joshua Letcher, Sonu Cheema, Andrew Naude, James Smith, Cris Buningh, Raj Ray, Kathryn Giudes, Bernard Pryor, and Khomotso Mosehla.

DRA Global boss resigns

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Engineering services company DRA Global has emerged out of a week-long break from trading advising its chief executive of three years will step down.

Board Moves December 17, 2021

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Our board moves wrap includes Jonathan Velloza, Andy Viner, Peter Duerden, and David Richardson.

Appointments December 3, 2021

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Our weekly appointments wrap includes Catherine Henwood, Courtney Barron, Michelle Malley, Lynne Harwood, George Hajigabriel, Greg Rowe, Bronwyn Baker and Joe Terribile.

Appointments September 17, 2021

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Our weekly appointments wrap includes Sue Wilson, John McGuire, Angela Newland, Hazel Brewer, Diana Forsyth, Jane den Hollander, Jonathan van Hazel, Wendy Pryer, Isaac Stewart, Rhiannon Barrett, Glenn Langridge, Renee Wilkinson and Siqi Liu.

DRA Global joins the ASX

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Engineering group DRA Global has had a quiet start to its first day of trading while predicting a strong first half for the calendar year.

Perth funds progress projects world

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Investment flows from Perth to fund international projects and companies.

DRA Global to list on ASX

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International engineering company DRA Global has pressed the button on its long-anticipated ASX float, after a major ownership restructure earlier this year.

G&S wins $20m contract

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G&S Engineering Services has been awarded a $20m contract by Kalium Lakes, the latest beneficiary from a string of contracts the potash player has handed out recently.

Kalium awards $60m of Beyondie contracts

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Kalium Lakes has awarded four contracts related to purification plant facilities for its Beyondie sulphate of potash project, with DRA and FIRM Construction among the winners.

DRA expands with G&S buy

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South African firm DRA has expanded its Australian presence with the purchase of G&S Engineering Services from diversified infrastructure company Calibre Group.

DRA, BGC in tie-up

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In a move to expand its presence in the mining services market, BGC Contracting will be forming a joint venture with South African firm DRA, the two companies announced today.

DRA, Orelogy partner up after Forge buy

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South African engineering firm DRA has partnered with Perth mine planning consultancy Orelogy, one week after buying collapsed Forge Group's North American asset, Taggart Global.