News Articles for Mark Norwell

Ausdrill subsidiary African Mining Services has been selected as preferred open-pit mining contractor for West African Resources' Sanbrado gold project in Burkina Faso.

Ausdrill's underground contractor subsidiary, Barminco, has been awarded a five-year underground mining services contract at a copper mine in Botswana worth around $800 million.

Ausdrill's earthmoving parts and equipment subsidiary, BTP, has been awarded a three-year contract extension worth $126 million with Peabody Australia.

Ausdrill has sacked an employee and reported them to police after discovering approximately $10 million of allegedly fraudulent payments over eight years.

Ausdrill has sold its waterwell drilling business to the Peter Hutchinson-chaired Vysarn for $16 million, and the ASX hopeful is seeking to raise $13 million.

Ausdrill has announced a strong first-half result, which the company attributed to its acquisition of Barminco.

Ausdrill subsidiary Barminco has secured a $100 million underground mining services contract from Hindustan Zinc at its Rampura Agucha mine in India.

Ausdrill has won contracts in Western Australia worth a combined $171 million, including for underground mining services at Regis Resources' Rosemont project.

Shares in Ausdrill have slumped nearly 10 per cent today, after the mining services company said it had not secured a contract extension in Ghana.

Hume to lead Variety

Mining services contractor Ausdrill has continued its board renewal, including the appointment of its first female director, just weeks after company founder Ron Sayers retired.

Grant Quasha has resigned as managing director and chief executive of Paringa Resources.

Former CIMIC group executive Mark Norwell is set to take the helm at mining services company Ausdrill, replacing founder and chief executive Ron Sayers after 30 years in charge.