Mineral Resources chair Malcolm Bundey has moved to reassure investors that Chris Ellison was "not involved" in deliberations to acquire his brother's collapsed Resource Development Group.
Mineral Resources has been cleared to take control of Chris Ellison's brother's collapsed Resource Development Group, acquiring its subsidiaries in exchange for forgiving $160 million in debt.
Mineral Resources is prepared to forgive $160 million of debt as part of a deal to acquire the companies and assets of Chris Ellison's brother's collapsed Resource Development Group.
Mineral Resources will front up to $14.5 million to fund the administration of Chris Ellison's brother's collapsed Resource Development Group, after putting brakes on funding last month.
Mineral Resources has agreed to defer repayments on an interest-free $135 million loan to an ASX company led by chief executive Chris Ellison's brother.
Our board moves wrap includes Dan Lougher, Geoff Jones, Tony Patrizi, Romolo Santoro, Harry Spindler, Ric Dawson, Paul Brown, Ian Finch, and Patrick Burke.
Resource Development Group has secured work at Fortescue Metals Group's Solomon Hub, while a contract with Chinese-owned Minjar Gold has been terminated.
Perth-based Resource Development Group has won contracts for work on Fortescue Metals Group's Cloudbreak mine and Tianye SXO Gold Mining's Minjar Gold mine worth $26 million.
Mineral Resources boss Chris Ellison has struck a deal with his brother Andrew Ellison's company to sell two of its non-core manganese assets while also providing project funding and mining services assistance.
West Perth-based Vysarn announced it has entered a two-year drilling and construction agreement with Fortescue Metals Group for works across its mine sites in the Pilbara.
Our daily board moves wrap includes Paul Brennan, Davide Bosio, Blaise Thomas, Shri Amitava Mukherjee, Narendra Nanda, Quinton Hennigh, Andrew Haslam, Andrew Ellison, and Richard Eden.
Resource Development Group has announced plans to acquire a 30 per cent stake in a gold project from Bullseye Mining, which is currently the subject of a takeover offer and board spill.
Resource Development Group has made its first major purchase since the sale of three subsidiaries in 2015, buying a majority stake in mining services business Mineral Solutions Australia for $2.8 million.
Mining contractor Resource Development Group has been awarded a concrete and civil works contract worth more than $9 million at Mineral Resources' Wodgina lithium project in the Pilbara.
Resource Development Group is continuing its push into residential construction, winning a $27 million contract to build a 24-townhouse project just south of Fremantle's South Beach, on an apartments site abandoned by Stockland following the GFC.
A cluster of Western Australia-listed companies has been highlighted in BNiQ research as exhibiting strong revenue growth, appearing to have bucked the economic slowdown with strong gains in operational income.
The last day of the profit reporting season delivered a few surprises for Western Australia-based mining services companies, with NRW Holdings incurring a bigger-than-expected loss, VDM Group shrinking at a rapid rate, Swick Mining Services showing some promise, and Resource Development Group staying in the black.
Contractor Central Systems, which is best known for its civil construction works, has taken on the work in progress of collapsed builder Capital Works Constructions.
Less than a year after its takeover of construction contractor Central Systems, Resource Development Group is selling subsidiaries Ecologia Environment and Intellect Systems.
Salaries for newly-appointed chief executives at WA-listed companies were down by 20 per cent from the levels prevailing last year, research by Business News has found. Click through to see salary packages for 77 WA chief executives.
Perth-based Resource Development Group says it has combined its business operations into two independent divisions, following its acquisition of Central Systems in October last year.
Resource Development Group has been assigned two construction contracts for Chevron's Gorgon LNG project, following the demise of Killarnee Civil & Concrete Contractors.
Resource Development Group has appointed Andrew Ellison and Richard Eden to its board of directors, following the acquisition of Central Systems Pty Ltd last month.
Perth-based Resource Development Group has completed its acquisition of Central Systems today, as the new group looks towards growth and diversification.
A joint venture between Viento Group and indigenous-owned Kimberley Pipelines has been awarded a $9.8 million pipeline construction works contract for the first stage of Fortescue Metals Group's North Star magnetite project in the Pilbara..
Fortescue Metals Group has awarded Perth-based Intellect Systems, a subsidiary of Resource Development Group, a control and engineering services contract for the first stage of its North Star magnetite project in the Pilbara.
Infrastructure, energy and resources service provider Resource Development Group has jumped 275 per cent today on news it will acquire Perth-based Central Systems.
Gold miner Silver Lake Resources has settled a dispute with engineering contractor Pacer Corporation for works on the Tuckabianna gold project in the Murchison.
Resource Development Group has added a fourth arm to its engineering and contracting business after exercising an option to acquire Ecologia Environmental Consultants.
Perth-based Resource Development Group has won a $35 million contract to design and construct a processing plant for Silver Lake Resources' Murchison gold project in Western Australia.
