Resource Capital Funds has struck a deal to sell resources-focused engineering consultant Ausenco to a trio of US investment firms for around US$578 million ($900 million).
GR Engineering Services has been appointed to lead a bankable feasibility study for FYI Resources, while Adaman Resources will complete a mining study for Neometals' Barrambie vanadium project.
A joint venture between engineering groups Downer and Ausenco has secured an engineering, procurement and construction contract for OZ Minerals' Carrapateena copper gold project in South Australia.
NRW Holdings is in line to receive a $111 million contract for work on OZ Minerals' Carrapateena gold-copper project in South Australia, which today was given the green light for development.
Pilbara Minerals has shortlisted three engineering consortia for construction of the processing infrastructure at its Pilgangoora lithium development, while also appointing Engenium to assist in delivery of the project.
The worst might be over for many of the state's mining services businesses, as they seek to bounce back from the effects of the slowdown in resources project development.
Mining-focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.
Support from Perth's corporate sector has helped provide a transport solution for Food Rescue, potentially doubling the amount of fresh food the organisation can collect from the central business district.
Major investments in Latin America by some of the world's biggest miners have provided a number of mining services companies with the opportunity to get a toehold in the region.
Engineering and construction group Ausenco has forecast further growth in 2013 after reporting a full year net profit of $41.4 million, a 57 per cent jump on the previous year.
Perth-based Beadell Resources has targeted March next year to begin producing gold from its Tucano project in Brazil, after signing a $75 million deal with Ausenco to manage the delivery of a processing plant at the mine.
The state's major engineering outfits have experienced significant staff changes in the last 12 months as the sector stepped out from the gloom of the global financial crisis.
Subiaco-based Wolf Minerals Ltd has appointed Ausenco Services Pty Ltd to carry out the feasibility study on its Hemerdon Ball tin and tungsten project in the United Kingdom.
A scoping study into Subiaco-based Wolf Minerals' Hemerdon tin and tungsten project in the United Kingdom has revealed a capital cost estimate of $160 million for a three million tonne per annum operation.
West Perth-based Anvil Mining Ltd has appointed Ausenco Ltd as preferred contractor to its Kinsevere Copper project in the Democratic Republic of Congo, with the project due to be commissioned in mid 2009.
When nickel producer Minara Resources decided last year to pursue the development of a $25 million heap leach demonstration plant, it ran into an unexpected problem.
