News Articles for Lycopodium

Mineral Commodities will move to 90 per cent ownership of the Munglinup graphite project in Western Australia after striking a deal worth $9.8 million with joint venture partner Gold Terrace. It comes after completion of a definitive feasibility study that put a $US61 million cost on the project.

Another flurry of substantial share transactions from directors of Perth-based ASX-listed companies have occurred recently following the release of annual results, with David Singleton, Elizabeth Gaines and Rodney Leonard among those involved in the largest deals.

Our daily board moves wrap includes Geraint Harris, Alexander Burns, Kevin Tomlinson, Ray Shorrocks, Justine Campbell, Keith Bakker, David Rich, Peter Torre, Richard Hyde, Lyndon Hopkins, Rodney Leonard, Nigel Spicer, Mark Connelly, Ian Kerr, Luke Holden, Stuart Cruickshanks, and Todd Giltay.

Two local engineering services firms have reported contrasting full-year results today, with Valmec announcing record underlying earnings while profit at Lycopodium fell 9.8 per cent.

Pilbara Metals Group, Element 25 and Mineral Commodities are among WA businesses awarded millions in federal funding as part of a push to improve Australia's critical mineral potential.

WA-based GR Engineering Services and Lycopodium have been selected for definitive feasibility studies at a uranium project and lithium project, respectively.

Rodney Leonard and Bob Osmetti, founding directors of Lycopodium, will retire from their executive roles at the end of June and join the board as non-executive directors.

A big expansion of lithium production at the Greenbushes mine is a step closer after Talison Lithium was given environmental approval for its plans to lift output to 2.8 million tonnes per annum.

Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an engineering, procurement and construction contract at Talison Lithium's Greenbushes project.

Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an early start engineering contract at Mineral Commodities' (MRC) Munglinup graphite project.

Perseus Mining has awarded the engineering and supply contract at its Yaouré gold project, located in the West African country of Côte d'Ivoire, to fellow Perth-based company Lycopodium.

Lycopodium has secured an engineering contract with Scarborough-based West African Resources for its Sanbrado gold project in Burkina Faso, which has commenced early works.

Macmahon Holdings has posted strong profit growth for the year to June, adding to a string of good results for local mining services companies, including Lycopodium and NRW Holdings.

Vinnies CEO Sleepout is fast approaching and Perth's business leaders are calling for support to help them reach their goals.

Local engineering firm Lycopodium and Queensland-based Mineral Technologies have been appointed to deliver a pre-feasibility study for Base Resources' Toliara mineral sands project in Madagascar.

Perth-based company Lycopodium has been appointed as lead engineer and author for a pre-feasibility study at Jervois Mining's Nico Young cobalt-nickel project in NSW.

Local engineering company Lycopodium has been awarded a contract for design work at Nzuri Copper's Kalongwe operation in the Democratic Republic of Congo.

Monadelphous Group has continued to refine its business as it deals with tough conditions in its core Australian market, revealing today it has closed a US joint venture, opened a workshop in Houston, expanded its operations in Manila and acquired a fabrication business in Newcastle.

SPECIAL REPORT: OreCorp is the latest in a string of Perth-based gold companies to complete large capital raisings this year.

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.

Monadelphous Group and Lycopodium will leverage each others' strengths to target engineering, procurement and construction projects in the minerals processing sector under a new joint venture.

IT might not feel like it, but there are early signs of boom conditions forming in some parts of the state's mining industry, with two sectors in particular benefiting from events in the markets for commodities, labour, and capital equipment.

Subiaco-based Perseus Mining has awarded engineering company Lycopodium a $38.4 million contract to carry out work at its Sissingue gold project in Cote D'Ivoire, Africa.

Local engineering company Lycopodium has won a $68.5 million contract to build processing facilities at a gold mine in Senegal.

SPECIAL REPORT: How does a tech startup in Northbridge backed by a mining consultancy in West Perth manage to secure work on the world's largest privately funded infrastructure project, in Nicaragua? Business News profiles how CSA Global, Lycopodium, OTOC and PwC have chased diversification strategies.

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

Property developer Diploma Group has been selected to build the new Quest Hotel Midland and the Yanchep Surf Life Saving Club, with the two contracts worth a combined $22 million.

Rod Leonard has stepped down from his position as managing director of engineerig company Lycopodium, with existing board member Peter De Leo stepping into the role.

Local mining services companies Ausdrill, Emeco Holdings and Lycopodium have posted net losses for the financial year, with lower activity in the resources sector weighing on their pipelines of available work.

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

FEATURE: Mineral Resources has shown the lengths to which mining services companies are willing to go to secure new work in the current flat market.

Engineering contractor Lycopodium has slashed its full-year net profit forecast and announced a raft of redundancies as it battles to combat strong headwinds in the mining services sector.

Papillon Resources has commenced a definitive feasibility study for its Fekola gold project in Mali, appointing Perth-based contractor Lycopodium as lead engineer for the study.

Contractor Lycopodium has issued a dire outlook on the second half of the financial year as headwinds in the mining services sector place a strain on its margins.

Lycopodium announced today it has entered a non-binding agreement to acquire a majority stake in South African based engineering business ADP Holdings.

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.

The nation's mining equipment, technology and services (METS) sector generates more than $90 billion in revenue and contributes 6.4 per cent to the Australian economy each year, new research says.

EMERGING mining services company Scanalyse is following the lead of established players like Ausdrill, Lycopodium and Forge by expanding to Africa.

The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.

Far away from the carnage in the iron ore sector, directors at select Western Australian companies in the gold, oil and gas and engineering sectors are being handsomely rewarded through the exercis