Rio Tinto Iron Ore has awarded a contract to manage the expansion of its Nammuldi iron ore mine in the Pilbara, to a joint venture between Lycopodium and URS Australia.
Engineering and project management group Lycopodium has predicted further profit growth in 2012 after posting a modest rise in financial year 2010-11, despite its concerns regarding economic uncert
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.
Engineering company Lycopodium says its full-year profit guidance remains unchanged after it today booked a 48 per cent slump in its first-half net profit.
THE major engineering companies in Western Australia cut employment by 15 per cent during the past 12 months, defining the impact of the global financial crisis on the sector.
Engineering services firm, Lycopodium has posted a profit of $14.1 million, up almost 14 per cent on the previous year, which included an after tax capital profit of $2.1 million arising from the sale of the company's previous office facilities.
Cazaly Resources has secured engineering firm, Lycopodium to complete the pre-feasability study at the Parker Range Iron Ore Project, located in the Yilgarn district of Western Australia.
Engineering firm Lycopodium says it has been awarded part of an optimisation contract by Fortescue Metals Group for work on the Cloudbreak iron ore mine in the Pilbara.
Engineering firm Lycopodium has revised down its full year net profit to $12.4 million as continuing delays and cancellation of studies impact its bottom line.
A strong six months for the project services division has helped to lift engineering firm Lycopodium's half year net profit up 66 per cent to $8 million.
East Perth-based engineering company Lycopodium Ltd believes the buoyant minerals sector outlook will offset challenging conditions in the biodiesel and manufacturing sectors, as it today announced a 40 per cent increase in full-year net profit.
East Perth-based engineering company Lycopodium Ltd has upgraded its fiscal 2008 revenue and after tax profit forecasts, increasing it by 9 per cent and 13 per cent respectively.
Lycopodium Ltd managing director Laurie Marshall has decreased his indirect interest in the company, held through Accede Pty Ltd, through the on market sale of one million shares realising $3.8 million.
East Perth-based engineering consulting company Lycopodium Ltd has reported a net profit of $8.9 million, up 17 per cent from the previous period, the company has announced.
East Perth-based engineering consulting company Lycopodium Ltd has exceeded its mid-year forecast with a $7.6 million net profit for the year ending 2006 - up 41 per cent on the previous corresponding period. Also see our website for other profit announce
