News Articles

Contracts 15 May 2024

CIMIC Group wins $757m contract

CIMIC Group subsidiaries Sedgman and CPB Contractors have won a $757 million contract from BHP.

Property 18 May 2021

Pindan placed in administration

Administrators from EY have been appointed to various Pindan Group companies from 5pm this afternoon.

Contracts 13 Jul 2020

CIMIC gets $2.5bn extension

CIMIC Group's mining services business has received a $2.5 billion contract extension with Jellinbah Group for work at the Lake Vermont coal mine in Queensland.

News 11 Dec 2019

Paladin undergoes board restructure

Uranium miner Paladin Energy has appointed experienced mining directors Peter Watson and Peter Main to the board, while three non-executive directors have stepped down from their roles.

Mining 04 Feb 2019

Sedgman claims extra $50m on Heron project

ASX-listed Heron Resources has received a claim from CIMIC Group subsidiary, Sedgman, for $49.9 million in extra costs for works at its flagship Woodlawn zinc-copper project in New South Wales.

Mining 10 Aug 2018

Mod upgrades plant, appoints Sedgman, Azure

MOD Resources has increased the capacity of its planned processing plant at the T3 copper project in Botswana, while also appointing a lead engineer for the feasibility study, along with debt advisers for the project.

Mining 29 May 2018

New Century hails landmark indigenous agreement

New Century Resources has awarded a mining services contract to an indigenous joint venture as part of what the company claims to be an Australian-first agreement with traditional owners.

Deals 30 Jun 2017

Heron in $240m funding deals for Woodlawn

Aspiring miner Heron Resources has tapped investors for about $240 million and says it is now fully funded to develop its Woodlawn zinc-copper project in NSW.

Contracts 04 May 2017

Cimic wins $107m Heron contract

Heron Resources has awarded CIMIC Group subsidiary Sedgman a $107 million engineering, procurement and construction contract for a processing facility at its Woodlawn zinc-copper project south of Sydney.

Contracts 27 Feb 2017

Contractors ready for turnaround

SPECIAL REPORT - MINING SERVICES: Higher commodity prices and investment to maintain iron ore volumes could help lift mining contractors out of the doldrums after several tough years. Click through to see this and links to four other feature stories.

Deals 24 Jan 2017

Cimic makes bid for Macmahon

Construction giant CIMIC Group has proposed to acquire all the shares it doesn't own in Perth-based Macmahon Holdings, with the deal valuing the target at about $174 million.

Mining 19 Sep 2016

Graham to lead Strandline as new boss

Former Sedgman manager Luke Graham has been appointed as chief executive and managing director of mineral sands miner Strandline Resources.

Infrastructure 17 Feb 2016

SCEE wins BHP work

Southern Cross Electrical Engineering says it has won $20 million in new contracts and extensions since the start of the year, including a contract for work at BHP Billiton's Jimblebar iron ore mine in the Pilbara.

Mining 15 Feb 2016

Battle on for mining contractors

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

Mining 10 Feb 2016

Cimic set for solid year

Construction and contract mining firm CIMIC Group is set for a solid 2016 after lifting its underlying annual profit by 20 per cent.

Infrastructure 03 Feb 2016

Sedgman gets no respite on Cimic bid

The Takeovers Panel has refused to intervene in construction giant CIMIC Group's $243 million takeover bid for mining services company Sedgman.

Deals 20 Jan 2016

Sedgman moves to stop share buyout

Mining services company Sedgman has asked the Takeovers Panel to stop construction giant CIMIC Group from buying any more of its shares.

Mining 19 Jan 2016

Sedgman pledges profit lift

Mining services company Sedgman expects to sharply boost first-half profit and has pledged a special dividend for shareholders, as it seeks to fend off a takeover bid from construction giant CIMIC Group.

Deals 13 Jan 2016

Cimic offers $153m for Sedgman

Mining services contractor Sedgman has told its shareholders to take no action towards CIMIC Group's $153.1 million offer for all the shares it doesn't already own in the business.

Mining 24 Nov 2015

Cimic seeking control of contractor

Mining services contractor Sedgman has revealed that its major shareholder, CIMIC Group, is seeking greater influence over its operations, following its shock vote against the re-election of three independent directors, raising more questions about Cimic's plans for Perth contractor Macmahon Holdings.

Infrastructure 13 Nov 2015

Civmec brings in $65m of work

Perth-based contractor Civmec has won a number of new contracts and additional work, worth a combined value of $65 million.

Infrastructure 24 Sep 2015

Civmec Sedgman JV’s $145m BHP win

A joint venture between Civmec and Sedgman has won a $145 million engineering, procurement, construction and commissioning contract at BHP Billiton's Jimblebar iron ore mine in the Pilbara.

Mining 03 Jun 2015

Civmec secures $68m in contracts

Henderson-based engineering and construction firm Civmec has been awarded a number of contract wins and extensions, including more work on the new Perth Stadium, with a combined value of $68 million.

06 Mar 2015

Whittens wins Sedgman contract

Sedgman has awarded Perth-based concrete construction group Whittens a multi-million dollar subcontract to provide civil work at Groote Eylandt Mining Company's Manganese mine in the Northern Territory.

28 Nov 2014

Sedgman wins $60m job at Kwinana refinery

Engineering contractor Sedgman has won a bid to build a filtration plant at Alcoa of Australia's Kwinana alumina refinery, under a deal worth $59.8 million.

Mining 18 Jul 2014

Thiess Sedgman JV wins $64m FMG contract

Sedgman's joint venture operation with Thiess has won a $64 million contract for the design and construction of a modular iron processing plant at Fortescue Metal Group's Solomon iron ore mine in Western Australia.

Opinion 16 Jun 2014

METS locals a global force

Business News' annual mining services review highlights the large and diverse number of companies exporting their skills and expertise.

Mining 30 May 2014

Coalspur seeks critical funds injection

Canada-focused explorer Coalspur Mines says it stands little chance of developing its flagship Vista thermal coal project in the near-term as tough equity market conditions threaten the company's ongoing viability.

Mining 26 May 2014

Sedgman downgrades profit forecast

Engineering contractor Sedgman says it expects to post a full-year net loss because it is unlikely to complete the sale of surplus assets in time to bolster its results.

Appointments 05 May 2014

Tuckwell returns to MACA

Mining executive Chris Tuckwell plans to return to MACA as its managing director, two years after leaving the company to join rival contractor Ausdrill in Africa.

Mining 14 Apr 2014

Coalspur spurns Forge US business

Coalspur Mines has dumped Forge Group's still-active North American business as its preferred engineering, procurement and construction contractor, as the fallout from the failed engineering company's collapse continues.

Mining 26 Nov 2013

Whittens wins $15m NSW coal contract

Perth-based concrete construction group Whittens has been awarded a $15.5 million contract for civil concrete construction works at the Boggabri coal handling and processing plant in New South Wales.

Mining 09 Sep 2013

GCo Electrical secures $6.8m gold plant deal

Electrical contracting firm GCo Electrical has won a $6.8 million contract at La Mancha Resources' Mungari gold project near Kalgoorlie-Boulder.

Appointments 03 Jul 2013

GR Engineering gets new boss

GR Engineering Services has promoted chief operating officer Geoff Jones to managing director, to succeed Joe Ricciardo who moves to an executive chairman position.

Mining 20 Jun 2013

Technip finds the sweet spot

Engineering firms exposed to mining are going through a tough patch but prospects are much better for those like Technip and Clough in the oil & gas sector.

Mining 17 Jun 2013

Calibre's Rod Baxter resigns

Engineering contractor Calibre Group announced late today the resignation of managing director Rod Baxter, following a series of damaging profit downgrades that have shattered its stock price.

Mining 15 May 2013

UGL, Sedgeman cut earnings outlook

UGL and Sedgeman have joined the growing list of engineering and mining services companies forced to slash costs in response to a slowdown in project work.

Mining 28 Feb 2013

Sedgman signs $90m gold deal

Engineering company Sedgman has signed a $90 million contract to design and build a new gold processing plant near Kalgoorlie for La Mancha Resources.

04 May 2010

Sedgman wins extra $50m Riversdale work

Engineering company Sedgman has expanded its scope of work at Riversdale Mining's Benga coal project in Mozambique, signing design and further supply contract worth $50 million.

Government 10 Feb 2009

Sedgman writes down Intermet by $20m

The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.

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