Our board moves wrap includes Rodd Boland, Ma Carillo, Andrew Spira, Matthew Waterhouse, Geoffrey Piggott, Tom Sonnen, Samuel Bowles, Jules Grove, Jose Martins, Gemma Cann, and Diana Kubicki.
Privately-owned contractor GenusPlus Group has completed its fifth acquisition in the space of two years, confirming today it has bought EC&M out of administration with plans to retain a small group of key staff to help rebuild the business.
Newcrest Mining will spend $93 million this quarter to expand its Telfer gold mine in Western Australia, after the state government was last week forced to abandon its planned gold royalty increase.
Mining services group Ausdrill has warned shareholders it is battling weaker than expected market conditions, entering a trading halt as it prepares to release an update on its outlook for the 2014 financial year.
SHRINKING profit margins and dwindling cash balances in the junior mining sector are not only putting pressure on miners, but also those who provide key services to the sector.
The establishment of Ron Sayers' newest business shows the Ausdrill founder has lost none of his entrepreneurial flair but he also accepts the need for change at the large and diversified company.