Watpac has revealed the financial impact of a dispute with BC Iron and declining work at Pluton Resources' Cockatoo Island project, including $41.7 million worth of write-downs.
Watpac Civil & Mining has been awarded $89.3 million in contracts in the gold mining and road infrastructure sectors, with the largest being with Chinese-owned company Hanking Gold Mining.
The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.
Construction and mining services company Watpac has won a contract to provide services to Hanking Gold Mining's Cornishman pit at its Southern Cross operation.
