Perenti, Macmahon and Monadelphous have each seen record revenue increases in the 2023–24 financial year (FY24). Perenti A record underlying earnings before interest, taxes and amortisation (EBITA) of $314.2 million saw Perenti finish out FY24 strong. Free cash flow...
Chinese copper exports dropped last month from an all-time high, as domestic buyers took advantage of the metal’s rapid retreat in price. Exports of unwrought copper and products fell 40% from June to 140 940 tons, according to customs data on...
Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate over coming months and weigh on prices. A fund buying frenzy,...
De Grey Mining has awarded Weir a contract to supply an Enduron high-pressure grinding roll (HPGR) for its Hemi gold project in the Pilbara. The contract comes as Weir officially opens its Port Hedland Service Centre to further support its customers in the Pilbara. De...
A new engine has given the Cat 6020 hydraulic mining shovel a boost, delivering on high uptime and increased efficiency. The engine has been replaced with a new Cat C23B to offer more reliable and durable operations. No additional hardware is required for the...
