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Orica earnings up by 36 per cent

A revamped strategy and improved market conditions have enabled underground mining solutions provider Orica to record a significant lift in profits. The company registered a Net Profit After Tax for the year ended September 30 of $60 million, and underlying earnings...

Thiess Caval Ridge contract worth $600 million

Thiess has extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge operations in Queensland. With a potential term of up to five years, the new contract starting on December 1 has revenue to Thiess valued up to $600 million. Thiess...