News Articles for Orica

Companies including Epiroc, Weir Minerals, Komatsu and Sandvik have reshaped the local mining technology sector after nearly 20 acquisitions.

Outgoing Boral chief executive Vik Bansal will join the board of multinational mining infrastructure company Orica next month.

Canadian company North American Construction Group has appointed prominent director Vanessa Guthrie to its board, months after expanding into Western Australia and Queensland through a major acquisition.

Orica has acquired Canning Vale-based tech company Axis in a deal worth $260 million, the latest in a spate of strategic investments for the mining services business.

Some of Australia's biggest companies have opted into an emissions reduction reporting scheme that should show whether cuts match their public commitments.

Orica has made a $20 million-plus investment in mining technology by purchasing WA companies RIG Technologies, from Wallis Drilling, and Hopper Industrial Group.

Alberto Calderon has been appointed as the new chief executive of AngloGold Ashanti, taking the reins from acting chief Christine Ramon in September.

Mining services business Orica has replaced its managing director after revealing a larger than expected impact from COVID-19 on its global operations.

There are five major commodities mined in WA that have substantial downstream processing. Credit for most of the value adding can be attributed to investment decisions taken decades ago, as Mark Beyer reports.

Andrew Forrest has pounced on a potential play to supply WA gas to an east coast industrial market pounded by high prices.

ASX-listed explosives maker Orica said it expected a $191 million writedown in its first-half results, primarily due to equipment defects and obsolete assets at its half-owned Burrup ammonium nitrate plant near Dampier.

Explosives manufacturer Incitec Pivot has reported a 34.8 per cent fall in profit for the year to September, including a $7 million hit from lost business in Western Australia.

Explosives manufacturer Orica has revealed technical issues at its half-owned ammonium nitrate plant in the Pilbara will cause a production delay of more than 12 months.

The federal government has launched an inquiry into cheap imports of ammonium nitrate following an application by three local manufacturers, including Wesfarmers subsidiary CSBP and Orica.

Melbourne-based fertiliser and explosives manufacturers Incitec Pivot and Orica have continued their battle for iron ore contracts in the Pilbara, with Incitec winning a five-year supply deal with Fortescue Metals Group.

Melbourne-based explosives manufacturer Orica has secured supply contracts in the Pilbara with BHP Billiton and Roy Hill, but expects operational issues and write-downs to cut its first-half earnings by nearly $400 million.

Melbourne-based fertiliser and explosives manufacturer Incitec Pivot has lost its second major Western Australian supply contract in two months, with iron ore miner Roy Hill to allow its purchase agreement to expire in February.

Incitec Pivot has warned that its 2020 and 2021 full-year profits will be hit by the end of a contract to supply ammonium nitrate prill to mining giant BHP Billiton.

The Australian share market is trading solidly higher at lunchtime, with upbeat overnight sentiment lifting the local markets to near 10-year highs and the S&P/ASX200 to twice breach the key 6,

The Australian share market has finished the session in negative territory, with declines in the big banks and the materials sector offsetting a day of strong gains for local oil stocks.

Mining explosives and chemicals manufacturer Orica made the final investment for its ammonium nitrate plant in the Pilbara in September, with final state government approvals expected by the end of

Mining explosives maker Orica has held on to its cautious full-year outlook after spending cuts and business improvement initiatives helped it offset higher costs in the first half of the year.

Mining explosives maker Orica has flagged a cautious outlook for the 2017 financial year despite swinging to a full-year profit on the back of sharp spending cuts and improving commodities prices.

A chemical plant making an ingredient for explosives in the Pilbara is an example of Western Australia's economic diversity, according to Premier Colin Barnett, who predicted manufacturing would undergo growth in the state despite its years of lagging on the east coast.

Orica chief executive Alberto Calderon argued today that the gloom surrounding the mining industry was overdone, saying it would continue to grow.

Perth-based mining contractor Macmahon Holdings has confirmed this afternoon that one of its employees was shot dead and seven others abducted near its operations in Nigeria.

Shares in North Fremantle-based Kingston Resources have surged on news the company plans to raise $6.8 million to fund the purchase and exploration of several lithium tenements in Western Australia and the Northern Territory.

Prominent local business figure Gene Tilbrook has been appointed deputy chairman of the Australian Institute of Company Directors.

Gene Tilbrook has been appointed as deputy chairman of Australian Institute of Company Directors.

Explosives maker Orica has flagged improving earnings for this financial year after posting a $1.27 billion full-year loss due to a huge asset writedown.

Building age has emerged as the biggest factor in office vacancies in Perth's suburbs, with newer developments struggling to attract tenants as the market gets tougher.

Norwegian company Yara International has moved to full ownership of the giant ammonia plant built by Pankaj Oswal in the Pilbara, paying a price that reflects the expected impact of higher gas prices in future.

Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.

Explosives and chemicals manufacturer Orica has posted a 3 per cent dip in half-year profit to $211 million after being affected by reduced demand for its products in the mining sector.

Woodside Petroleum has appointed former Wesfarmers senior executive Gene Tilbrook to its board as a non-executive independent director.

Explosives and chemicals manufacturer Orica has appointed former Macmahon Holdings managing director Nick Bowen as executive global head, mining services.

Fertiliser producer Yara Pilbara has committed more than $50 million towards housing its growing workforce in Karratha as it works towards opening an $800 million ammonium nitrate plant.

Oil and gas producer Strike Energy has raised $9.2 million through the sale of new shares to fund the next phase of drilling at its gas project in the Cooper Basin and received its first pre-paymen

AUSTRALIA'S two major ammonium nitrate producers are punting $1.3 billion that the mining boom has enough legs to justify their investment in new production capacity.