The quarterly rebalance of the Australian stockmarket Indices has pushed Perth companies Regis Resources, Ausdrill and Silver Lake Resources out of their S&P/ASX indices.
BGC Contracting has joined forces with Western Australian business FIFO Families to offer its 2,000 fly-in, fly-out workers and their families access to extra support.
Mining executive Chris Tuckwell plans to return to MACA as its managing director, two years after leaving the company to join rival contractor Ausdrill in Africa.
SPECIAL REPORT: As the junior resources sector slows, so do the earnings of companies most exposed to the sector – exploration drilling and mining services firms.
Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.
Mining services contractor Ausdrill says the award of $US300 million worth of new contracts to its African mining subsidiary bodes well for a better 2015 after a horror run in recent months.
Perth-based junior Mutiny Gold has launched plans to raise $4.1 million towards drilling at its Deflector copper-gold project in the Midwest, including a $1.5 million share placement to preferred mining contractor Ausdrill.
Ausdrill has struck up an alliance with gold explorer Azumah Resources, agreeing to invest $2 million in the company following the appointment of Ausdrill subsidiary African Mining Services as Azumah's preferred mining contractor.
The market capitalisation of Western Australia's top 100 listed companies has fallen on the back of lower commodity prices, marking an end to four months of consecutive gains.
Ausdrill managing director Ron Sayers says he no longer plans to step down from the role next year, despite the prospect he could face a retrial on tax fraud charges.
Mining services entrepreneurs Peter Bartlett and Ron Sayers face the prospect of a new trial next year after a jury was unable to reach a verdict on tax fraud charges.
The judge presiding over the trial of Barminco co-founder Peter Bartlett and Ausdrill managing director Ron Sayers today ordered the jury to keep deliberating in a bid to reach a verdict.
The jury in the trial of Barminco founder Peter Bartlett and Ausdrill managing director Ron Sayers was granted a request for extra information today as it weighs up the evidence ahead of its verdict.
Property executives were the big movers in this year's Wealth Creators list, while the resources slowdown put the hurt on mining services directors' fortunes.
More than $123 million has been wiped from the market value of mining services firm Ausdrill after the company forecast a more than 50 per cent fall in its annual earnings.
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.
Ausdrill has backed former Leighton Holdings chief executive Wal King to continue serving on its board despite allegations of bribery and corruption against Mr King and several other executives.
Mining services contractor Ausdrill is reviewing its cost structures and restricting its spending in the wake of a 20 per cent fall in net profit on the back of slowing conditions in Australia and
Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific to help deal with problems at its trouble-plagued Sino Iron project.
Three years after completing a management buy-out, JSW Australia directors Jeff Branson and John Silverthorne have struck an agreement to sell their debt-laden drilling business; but they won't be
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.
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.
Mining services groups Ausdrill and Emeco have joined peer Calibre Group in announcing the general slowdown in mining and exploration activity in Australia will take a big chunk out of their expect
PMI Gold Corporation has appointed Ausdrill co-founder Jim Askew as its new chairman, replacing Peter Buck who resigned in the fallout of the company's failed merger deal with Canada's Keegan Resou
Mining services and drilling group Ausdrill is confident of a stronger performance in the second half of the financial year, despite posting an 11.9 per cent drop in interim profit.
MINING services company Ausdrill and vocational training provider Site Group are looking to establish a training academy for mining workers at the old Muresk agricultural college.
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.
Mining services group Ausdrill's stock has dropped on the ASX today after it reduced its profit guidance for the 2013 financial year as a result of project delays and cutbacks, softening margins an
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.
