Ausenco

When nickel producer Minara Resources decided last year to pursue the development of a $25 million heap leach demonstration plant, it ran into an unexpected problem.

West Perth-based Anvil Mining Ltd has appointed Ausenco Ltd as preferred contractor to its Kinsevere Copper project in the Democratic Republic of Congo, with the project due to be commissioned in mid 2009.

A scoping study into Subiaco-based Wolf Minerals' Hemerdon tin and tungsten project in the United Kingdom has revealed a capital cost estimate of $160 million for a three million tonne per annum operation.

Subiaco-based Wolf Minerals Ltd has appointed Ausenco Services Pty Ltd to carry out the feasibility study on its Hemerdon Ball tin and tungsten project in the United Kingdom.

The state’s major engineering outfits have experienced significant staff changes in the last 12 months as the sector stepped out from the gloom of the global financial crisis.

Perth-based Beadell Resources has targeted March next year to begin producing gold from its Tucano project in Brazil, after signing a $75 million deal with Ausenco to manage the delivery of a processing plant at the mine.

Engineering and construction group Ausenco has forecast further growth in 2013 after reporting a full year net profit of $41.4 million, a 57 per cent jump on the previous year.

Major investments in Latin America by some of the world's biggest miners have provided a number of mining services companies with the opportunity to get a toehold in the region.

Ausenco has been awarded an engineering and project support services contract at the Karara iron ore operations in the Mid West.

Business News’ annual mining services review highlights the large and diverse number of companies exporting their skills and expertise.

Support from Perth’s corporate sector has helped provide a transport solution for Food Rescue, potentially doubling the amount of fresh food the organisation can collect from the central business district.

Mining-focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.

The worst might be over for many of the state’s mining services businesses, as they seek to bounce back from the effects of the slowdown in resources project development.

SPECIAL REPORT: Lithium stocks led by Pilbara Minerals and Galaxy Resources have seized the opportunities presented by the commodity’s surge.

Pilbara Minerals has shortlisted three engineering consortia for construction of the processing infrastructure at its Pilgangoora lithium development, while also appointing Engenium to assist in delivery of the project.

NRW Holdings is in line to receive a $111 million contract for work on OZ Minerals’ Carrapateena gold-copper project in South Australia, which today was given the green light for development.