Sedgman

The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.

Engineering company Sedgman has expanded its scope of work at Riversdale Mining's Benga coal project in Mozambique, signing design and further supply contract worth $50 million.

Engineering company Sedgman has signed a $90 million contract to design and build a new gold processing plant near Kalgoorlie for La Mancha Resources.

UGL and Sedgeman have joined the growing list of engineering and mining services companies forced to slash costs in response to a slowdown in project work.

Engineering contractor Calibre Group announced late today the resignation of managing director Rod Baxter, following a series of damaging profit downgrades that have shattered its stock price.

Engineering firms exposed to mining are going through a tough patch but prospects are much better for those like Technip and Clough in the oil & gas sector.

GR Engineering Services has promoted chief operating officer Geoff Jones to managing director, to succeed Joe Ricciardo who moves to an executive chairman position.Current non-executive chairman Barry Patterson remains on the board as a non-executive director.

Electrical contracting firm GCo Electrical has won a $6.8 million contract at La Mancha Resources’ Mungari gold project near Kalgoorlie-Boulder.The contract was awarded by global firm Sedgman, and will require 50 personnel to complete.

Perth-based concrete construction group Whittens has been awarded a $15.5 million contract for civil concrete construction works at the Boggabri coal handling and processing plant in New South Wales.

Coalspur Mines has dumped Forge Group's still-active North American business as its preferred engineering, procurement and construction contractor, as the fallout from the failed engineering company's collapse continues.

Mining executive Chris Tuckwell plans to return to MACA as its managing director, two years after leaving the company to join rival contractor Ausdrill in Africa.

Engineering contractor Sedgman says it expects to post a full-year net loss because it is unlikely to complete the sale of surplus assets in time to bolster its results.

Canada-focused explorer Coalspur Mines says it stands little chance of developing its flagship Vista thermal coal project in the near-term as tough equity market conditions threaten the company's ongoing viability.

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

Sedgman's joint venture operation with Thiess has won a $64 million contract for the design and construction of a modular iron processing plant at Fortescue Metal Group’s Solomon iron ore mine in Western Australia.

Engineering contractor Sedgman has won a bid to build a filtration plant at Alcoa of Australia’s Kwinana alumina refinery, under a deal worth $59.8 million.

Sedgman has awarded Perth-based concrete construction group Whittens a multi-million dollar subcontract to provide civil work at Groote Eylandt Mining Company’s Manganese mine in the Northern Territory.

Henderson-based engineering and construction firm Civmec has been awarded a number of contract wins and extensions, including more work on the new Perth Stadium, with a combined value of $68 million.

A joint venture between Civmec and Sedgman has won a $145 million engineering, procurement, construction and commissioning contract at BHP Billiton’s Jimblebar iron ore mine in the Pilbara.

Perth-based contractor Civmec has won a number of new contracts and additional work, worth a combined value of $65 million.

Mining services contractor Sedgman has revealed that its major shareholder, CIMIC Group, is seeking greater influence over its operations, following its shock vote against the re-election of three independent directors, raising more questions about Cimic’s plans for Perth contractor Macmahon Holdings.

Mining services contractor Sedgman has told its shareholders to take no action towards CIMIC Group’s $153.1 million offer for all the shares it doesn’t already own in the business.

Mining services company Sedgman expects to sharply boost first-half profit and has pledged a special dividend for shareholders, as it seeks to fend off a takeover bid from construction giant CIMIC Group.

Mining services company Sedgman has asked the Takeovers Panel to stop construction giant CIMIC Group from buying any more of its shares.

The Takeovers Panel has refused to intervene in construction giant CIMIC Group's $243 million takeover bid for mining services company Sedgman.

Construction and contract mining firm CIMIC Group is set for a solid 2016 after lifting its underlying annual profit by 20 per cent.

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

Southern Cross Electrical Engineering says it has won $20 million in new contracts and extensions since the start of the year, including a contract for work at BHP Billiton’s Jimblebar iron ore mine in the Pilbara.

Former Sedgman manager Luke Graham has been appointed as chief executive and managing director of mineral sands miner Strandline Resources.

Construction giant CIMIC Group has proposed to acquire all the shares it doesn’t own in Perth-based Macmahon Holdings, with the deal valuing the target at about $174 million.

SPECIAL REPORT - MINING SERVICES: Higher commodity prices and investment to maintain iron ore volumes could help lift mining contractors out of the doldrums after several tough years. Click through to see this and links to four other feature stories.

Heron Resources has awarded CIMIC Group subsidiary Sedgman a $107 million engineering, procurement and construction contract for a processing facility at its Woodlawn zinc-copper project south of Sydney.