News Articles for Resource Equipment

Boyd to lead Enerji

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The former head of power generation company Pacific Energy has emerged as the new chief executive of thermal energy company Enerji, replacing Andrew Vlahov, who stepped down last week.

Former REL boss to head Pacific Energy

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Power generation company Pacific Energy has appointed James Cullen as its new chief executive, following Adam Boyd's retirement from the role in March.

Naymola heads REL, among this week's moves

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Board changes

Pump takes control of REL

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Resource Equipment director Andrew Aitken has accepted Pump Services' $115.5 million takeover offer, giving the US-based firm majority control over the mining equipment provider.

REL up 86% on takeover tick

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Shares in Perth company Resource Equipment have climbed 85.7 per cent today after the board recommended a cash takeover offer valuing the company at $115.5 million.

Aitken MD at REL

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Andrew Aitken has been made managing director at manufacturer and supplier Resource Equipment.

Cullen leaves REL

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Resource Equipment chief executive James Cullen has resigned.Mr Cullen has been with the mining services provider since 2008.

Lean times for mining services contractors

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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.

Resource Equipment plans $9m raising

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Resource Equipment has announced plans to raise up to $8.8 million through a share placement to a consortium of investors with experience in the equipment rental and water management industries.

Resource Equipment profit slides on slowdown

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Resource Equipment has become the latest victim of cost-cutting in the resources sector, with the company's net profit falling $8.5 million over the 2013 financial year, despite a healthy rise in r

JV strategy puts major contracts in reach

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Indigenous business is thriving and growing in the north-west, but it was not an overnight success.

On the move

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Harding leads Rio iron ore

Resource Equipment in $12m raising

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Resource Equipment Ltd will undertake a $12 million capital raising to equip the company for strong demand for its goods.

Repcol in $20m mining services buy

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Balcatta-based Repcol has announced plans to invest nearly $20 million in mining services company Resource Equipment Rentals and sell its debt collection business for $350,000.