Austin Engineering shares were sold off on Wednesday following the company's downward revision of two financial guidance metrics for the current fiscal year.
Austin Engineering has announced David Singleton’s successor, appointing non-executive director Sybrandt Van Dyk as managing director and chief executive from July 1 2025.
Established WA contractor Perenti Group plans to acquire smaller counterpart DDH1 in a deal that prices the growing Canning Vale-based business at more than $400 million.
Sybrandt Van Dyk has announced his resignation as chief executive of Macmahon Holdings, with general manager of surface mining Michael Finnegan to succeed him as head of the local contractor.
Western Australia's highest paid mining contractor is set to lose that title, after NRW Holdings joined most of its peers in cutting the salary of its chief executive by 40 per cent.
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.
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.
SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state's best chief executives are unexpectedly low down.
NRW Holdings chairman Ian Burston has announced plans to step down, while also announcing a remuneration review that will include chief executive Julian Pemberton, whose annual pay is substantially higher than his peers.
A joint venture that includes Perth-based Macmahon Holdings has won a $US170 million ($A238 million) contract for work at PT Agincourt Resources' Martabe gold project in Indonesia.
Macmahon Holdings has won a contract at Newcrest Mining's Telfer gold project in the Pilbara, which is expected to bring in $62 million in annual revenue.
Macmahon Holdings was hit with large protest vote at today's annual general meeting, after major shareholder CIMIC Group surprised the mining services firm with a large 'no' vote.
Macmahon Holdings has reported a net loss of $217.9 million for the financial year, on the back of impairments to its assets during what has been a tough time for contractors and mining services firms.
Macmahon Holdings chief financial officer Sybrandt van Dyk has been promoted to the role of chief executive, following Ross Carroll's resignation in January.
Macmahon Holdings has sold its Mongolian operations to a private company for $US65 million ($A84m), following a long-standing payment dispute with its client at the project.
Perth civil engineering contractor Macmahon Holdings has secured a $317.5 million three-year funding facility, upsized from $280 million after the book-build closed oversubscribed.
