News Articles for Resource Development Group

MinRes chair insists RDG deal conflict-free

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Mineral Resources chair Malcolm Bundey has moved to reassure investors that Chris Ellison was "not involved" in deliberations to acquire his brother's collapsed Resource Development Group.

MinRes takes control of RDG

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Mineral Resources has been cleared to take control of Chris Ellison's brother's collapsed Resource Development Group, acquiring its subsidiaries in exchange for forgiving $160 million in debt.

MinRes willing to forgive $160m debt to acquire RDG

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Mineral Resources is prepared to forgive $160 million of debt as part of a deal to acquire the companies and assets of Chris Ellison's brother's collapsed Resource Development Group.

MinRes fronts $14.5m to fund RDG's administration

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Mineral Resources will front up to $14.5 million to fund the administration of Chris Ellison's brother's collapsed Resource Development Group, after putting brakes on funding last month.

MinRes-backed business in administration

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Resource Development Group, steered by Chris Ellison's brother and majority owned by Mineral Resources, has hit the wall and called in administrators.

Ellison company lifts MinRes debt

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Mineral Resources has agreed to defer repayments on an interest-free $135 million loan to an ASX company led by chief executive Chris Ellison's brother.

MinRes awards $140m contract

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Chris Ellison's Mineral Resources has awarded a $140 million contract to Resources Development Group, led by his brother Andrew Ellison.

Board Moves October 26, 2022

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Our board moves wrap includes Dan Lougher, Geoff Jones, Tony Patrizi, Romolo Santoro, Harry Spindler, Ric Dawson, Paul Brown, Ian Finch, and Patrick Burke.

Fortescue contracts RDG for $58m

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Resource Development Group has secured work at Fortescue Metals Group's Solomon Hub, while a contract with Chinese-owned Minjar Gold has been terminated.

RDG awarded $26m in work

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Perth-based Resource Development Group has won contracts for work on Fortescue Metals Group's Cloudbreak mine and Tianye SXO Gold Mining's Minjar Gold mine worth $26 million.

MinRes in $30m asset sale

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Mineral Resources boss Chris Ellison has struck a deal with his brother Andrew Ellison's company to sell two of its non-core manganese assets while also providing project funding and mining services assistance.

Vysarn wins $13m FMG contract

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West Perth-based Vysarn announced it has entered a two-year drilling and construction agreement with Fortescue Metals Group for works across its mine sites in the Pilbara.

Board Moves August 12, 2019

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Gracjan Lambert has resigned as chief executive of Red Emperor Resources.

Board Moves March 12, 2019

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Our daily board moves wrap includes Paul Brennan, Davide Bosio, Blaise Thomas, Shri Amitava Mukherjee, Narendra Nanda, Quinton Hennigh, Andrew Haslam, Andrew Ellison, and Richard Eden.

RDG plans $15m gold buy

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Resource Development Group has announced plans to acquire a 30 per cent stake in a gold project from Bullseye Mining, which is currently the subject of a takeover offer and board spill.

RDG makes $2.8m purchase

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Resource Development Group has made its first major purchase since the sale of three subsidiaries in 2015, buying a majority stake in mining services business Mineral Solutions Australia for $2.8 million.

RDG wins $9m Wodgina contract

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Mining contractor Resource Development Group has been awarded a concrete and civil works contract worth more than $9 million at Mineral Resources' Wodgina lithium project in the Pilbara.

Stalled South Beach apartments site to be revived

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Resource Development Group is continuing its push into residential construction, winning a $27 million contract to build a 24-townhouse project just south of Fremantle's South Beach, on an apartments site abandoned by Stockland following the GFC.

Revenue rising for ASX stars

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A cluster of Western Australia-listed companies has been highlighted in BNiQ research as exhibiting strong revenue growth, appearing to have bucked the economic slowdown with strong gains in operational income.

Big NRW loss caps tough reporting season

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The last day of the profit reporting season delivered a few surprises for Western Australia-based mining services companies, with NRW Holdings incurring a bigger-than-expected loss, VDM Group shrinking at a rapid rate, Swick Mining Services showing some promise, and Resource Development Group staying in the black.

Centrals picks up failed builder's work

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Contractor Central Systems, which is best known for its civil construction works, has taken on the work in progress of collapsed builder Capital Works Constructions.

RDG sells subsidiaries

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Less than a year after its takeover of construction contractor Central Systems, Resource Development Group is selling subsidiaries Ecologia Environment and Intellect Systems.

Dix chief at Newera, among this week's moves

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Board changes

Tough times seen in CEO salary cuts

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Salaries for newly-appointed chief executives at WA-listed companies were down by 20 per cent from the levels prevailing last year, research by Business News has found. Click through to see salary packages for 77 WA chief executives.

RDG managing director steps down

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Resource Development Group managing director Jeff Brill has stepped down from his executive role as the mining services group looks to cut costs.

Resource Development combines operations

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Perth-based Resource Development Group says it has combined its business operations into two independent divisions, following its acquisition of Central Systems in October last year.

RDG secures Killarnee contracts

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Resource Development Group has been assigned two construction contracts for Chevron's Gorgon LNG project, following the demise of Killarnee Civil & Concrete Contractors.

Resource Development appoints directors

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Resource Development Group has appointed Andrew Ellison and Richard Eden to its board of directors, following the acquisition of Central Systems Pty Ltd last month.

RDG completes Centrals acquisition

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Perth-based Resource Development Group has completed its acquisition of Central Systems today, as the new group looks towards growth and diversification.

Viento JV wins $9.8m FMG contract

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A joint venture between Viento Group and indigenous-owned Kimberley Pipelines has been awarded a $9.8 million pipeline construction works contract for the first stage of Fortescue Metals Group's North Star magnetite project in the Pilbara..

Intellect wins Fortescue contract

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Fortescue Metals Group has awarded Perth-based Intellect Systems, a subsidiary of Resource Development Group, a control and engineering services contract for the first stage of its North Star magnetite project in the Pilbara.

RDG acquires Central Systems

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Infrastructure, energy and resources service provider Resource Development Group has jumped 275 per cent today on news it will acquire Perth-based Central Systems.

Firms look to greener fields

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Mergers and land development opportunities have brightened the outlook for environmental services operators.

Silver Lake, Pacer settle cost dispute

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Gold miner Silver Lake Resources has settled a dispute with engineering contractor Pacer Corporation for works on the Tuckabianna gold project in the Murchison.

RDG's Engenium wins gold project

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Resource Development Group has won an engineering and project management contract at Norton Gold Fields' $40 million Enterprise project.

RDG pays $6.25m for Ecologia

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Resource Development Group has added a fourth arm to its engineering and contracting business after exercising an option to acquire Ecologia Environmental Consultants.

RDG wins $35 million gold mill deal

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Perth-based Resource Development Group has won a $35 million contract to design and construct a processing plant for Silver Lake Resources' Murchison gold project in Western Australia.