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.
Forge Group shares have risen on news it has secured a $40 million contract, helping to repair an 80 per cent single-day nose dive in late November when it announced a $127 million profit writedown on two power stations.
Forge Group's newly acquired US-based subsidiary Taggart Global has been named preferred contractor for a $US221 million engineering and construction contract at the Vista coal project in Alberta,
