News Articles for South32

Swick Mining Services has won two new contracts for work with Independence Group, while the local subsidiary of Queensland firm Hughes Drilling has also picked up more work.

Mining group South32 plans to cut 390 jobs at its Worlsey Alumina operation in Western Australia's South West, as part of a global cost-cutting drive following its $US1.7 billion ($A2.4 billion) loss for the half year to December.

Engineering company Monadelphous Group has posted sharp falls in profit and revenue for the six months to December, but says there is a growing pipeline of work in its maintenance services division.

BHP Billiton spin-off South32 will slash 620 jobs in Africa and has warned of widespread job losses in Australia after revising down its commodity price forecasts.

BHP Billiton spin-off South32 has slashed its debt and sharply cut costs as it races to stay ahead of weaker earnings amid a slump in commodities prices.

Frank Cooper has been selected as the new president of the West Australian Division of the Australian Institute of Company Directors (AICD), effective February 1, 2016.

SPECIAL REPORT: Newly appointed chief executives in Western Australia are mostly receiving lower salaries than their predecessors, but retaining plenty of upside through incentive schemes, a survey of nearly 40 new CEO pay packages has found.

South 32 chief executive Graham Kerr said the company expected to achieve its targeted operations savings this year, while it announced it would keep South African production at its jointly owned Samancor venture in suspension pending a strategic review.

BHP Billiton spin-off South32 aims to cut group costs by 25 per cent this financial year, as part of a broader target to strip costs amid a slump in commodities prices.

When BHP Billiton was in the process of establishing its coal and base metals offshoot, South32, a key factor for many who decided to join the new business was their desire to work with its chief executive, Graham Kerr.

Conditions are ripe for the final piece of Bunbury's harbour relocation.

SPECIAL REPORT: Earnings for the state from the powerhouse minerals and energy industries have softened, but agriculture, among other sectors, will create opportunities. Business News also takes an in depth look at Bunbury port, where a big expansion plan needs community backing and solid regional demand growth.

The winner of a new innovation program has combined gaming technology with its traditional focus on process control data to create a product that has attracted keen interest from some of the state's biggest companies.

Top Western Australian publicly listed companies with fewer women on boards than the national average may get the boost they need following the launch of a new club.

Woodside Petroleum's ambitious play for Oil Search is a rare example of a Perth-based company being the bidder in a big takeover. Click through to see Business News' listing and analysis of $1 billion-plus M&A deals in WA over the past 20 years.

Western Australia's top 10 largest private sector employers employ more than 103,200 people between them, about 2,000 fewer than last year, according to BNiQ research.

SPECIAL REPORT: It has been a tough year for job seekers in WA, but some new sectors have emerged to keep the state's employment levels at record highs.

Diversified miner South32 is looking to cut its operating costs by 7.5 per cent over the next three years, with a particular focus on payments to contractors.

To merge or to demerge is a question that goes beyond the mining industry; it's one that is also dividing opinions in the media world, with Australian and American publishers heading in opposite directions in what looks like a classic schism of ideas.

Perth-based engineering and construction company Monadelphous today announced new contracts worth $130 million.

BHP Billiton's annual profit statement to be released next month could contain a pleasant surprise for shareholders, and a nasty surprise for Australia.

Upwards of 130 corporate finance transactions worth more than $11 billion were announced in WA in the June quarter, but most notable was a handful of landmark M&A deals.

Entrepreneur became a dirty word in WA. Thankfully that was just a phase.

Mining giant BHP Billiton's spin-off, South32, has announced it will delay plans to restart operations at its Samancor Manganese joint venture in response to a slide in the price of alloy.

BHP Billiton spin-off South32 has closed its first day of trade on the ASX valued at $10.91 billion, ranking it as Western Australia's third largest company and a top 30 stock nationally.

Mathematically it's impossible, but in about 11 days Australian investors will discover whether one plus one can add up to more than two – because that's the day the son of BHP Billiton, South32, lists on the ASX.

South32 chief executive Graham Kerr says he is confident the diversified mining company will be ready to operate as an independent entity later this month, after BHP Billiton shareholders strongly endorsed the demerger.

Andrew Forrest and Gina Rinehart will need to wait a while for their dairy investments to deliver a return, according to a recent analysis of the sector.

BHP Billiton spin-off South32 is set to take up 8,300 square metres at 108 St Georges Terrace, in a conditional lease deal announced by the building's 50 per cent owner Brookfield Properties Austra

The mining giant says it's about heritage, but the new moniker for its less-loved assets shows the management team has plenty of latitude.