Western Australian firm Forge Group has been awarded a contract to design and construct a zinc-lead-silver concentrator and associated plant facilities at MMG's Dugald River project in Queensland.
Engineering and construction contractor Clough says it is on the lookout for fresh acquisitions after selling its stake in Forge Group, less than three years after it purchased it.
Engineering, mining services and construction outfit Forge Group has exceeded its own expectations by delivering a 60 per cent increase in half-year net profit.
Nedlands-based Forge Group has won a $125 million contract to deliver a new peak-load power station in South Hedland for government utility Horizon Power.
Forge Group has bucked the trend of mining services providers downgrading expectations, forecasting a profit improvement in FY2013 of between 28 and 43 per cent.
In what must rate as one of the more embarrassing oversights in WA business, engineering contractor Forge Group has admitted that it forgot about one of its directors when it prepared this year's n
A JOINT venture between NRW and two east Pilbara indigenous groups has dominated the indigenous contracting space during the past 18 months, winning contracts with Fortescue Metals Group and Rio Ti
Engineering and construction company Forge Group is expecting a jump in earnings, releasing a forecast today for a full-year profit of around $70 million, up nearly 25 per cent on the previous year
IF only all company directors could go out on such a high.Five years after establishing Forge Group, Peter Hutchinson and Andrew Ellison are leaving the business.
Forge Group has continued its management shake-up, with the second of its three founding directors, Andrew Ellison, set to step down, and a new chief operationg officer recruited.
Engineering and construction groups Forge and Clough have added to their close ties by establishing a joint venture to bid for contracts on major resource and infrastructure projects.
Engineering and construction firm Forge Group is searching for a new managing director, after its current boss, Peter Hutchinson, stepped down in a move he says will drive the company's next phase of growth.
The independent directors of Forge Group have recommended shareholders to not accept a proportional takeover offer by Clough, although the executive directors will stick to their previous commitment and accept the offer.
Clough's major shareholding in the Peter Hutchinson-led Forge Group appears to have deterred a potential takeover bid by an unidentified party, which today dropped its proposed offer.
Forge Group shareholders have today approved a placement to fellow engineering and construction company Clough despite the late emergence of a competing proposal that was pitched at a higher share price.
Shares in Forge Group surged higher today after the company upgraded its earnings forecast and secured a second contract at the Sino iron ore project, valued at more than $40 million.
Clough's push to become a major player in the oil and gas services sector has ramped up after it announced today it was set to take a controlling stake in Forge Group for up to $98 million.
Engineering and construction services company Forge Group says it has started the year with a strong order book as it upgrades its interim earnings forecast by 21 per cent against its previous projections.
Shares in Forge Group have surged as much as 21 per cent after it reported record revenue of $60 million for the first quarter and forecast a 135 per cent increase in its first-half net profit.
Construction company Forge Group has upgraded its full-year earnings guidance by 54 per cent following revised forecasts to its projects and the inclusion of a tax credit.
Project delays in Ghana have prompted Como-based construction company Forge Group Ltd to revise its earnings guidance to between $10.5 million and $12.5 million.
Como-based construction company Forge Group Ltd has acquired engineering, procurement, and construction company Abesque Engineering & Construction Ltd in a cash and scrip deal worth up to $26 million.
a.i. Limited subsidiary aiConstruciton is planning to diversify into the booming iron ore sector and pursue acquisitions after listing on the Australian Securities Exchange under the name of Forge Group Ltd.
