Worley profit up 53%, mulls solar plant
WorleyParsons, Australia's largest engineering company, says the Pilbara region of WA could be a location for a $1 billion thermal solar power station.
WorleyParsons makes Canadian acquisition
Engineering and mining services company WorleyParsons has made an acquisition in Canada, purchasing Westmar Consultants for $A48.68 million.
WorleyParsons profit up 61 per cent
Engineering company WorleyParsons has forecast higher earnings in the second half after posting a 61.6 per cent increase in half year profit.
Worley weighs up $1b Pilbara solar plant
WORLEYPARSONS, Australia's largest engineering company, says the Pilbara region of Western Australia could be a location for a $1 billion solar power station.
WorleyParsons first half profit up 62%
WorleyParsons, Australia's biggest engineering company, has posted a 61.6 per cent increase in half year profit.
Companies turn to bank loans as bonds...
Australian companies are looking elsewhere for cash as the corporate bond market dries up.
Worley Parson annual net profit up 53%
Worley Parsons Ltd expects to increase earnings again this financial year, after delivering a 53 per cent lift in annual profit.
Slump offers bargains for investors
Some unloved stocks are now a third of the price that they deserve to be and the sharemarket rout presents bargains for retail investors and corporate predators, analysts say.
Slump offers bargains for investors
Some unloved stocks are now a third of the price they deserve to be and the share market rout presents bargains for retail investors, analysts say.
Worley profit up 53%, mulls solar plant
August 12, 2008
WorleyParsons, Australia's largest engineering company, says the Pilbara region of WA could be a location for a $1 billion thermal solar power station.
WorleyParsons' billion-dollar solar plan
WorleyParsons is studying the construction of the world's biggest project producing power from the sun's heat, tapping incentives for renewable energy generation.
BHP Billiton abandons bid for Rio Tinto
BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging commodity prices.
Fortescue to double iron ore production
FORTESCUE METALS is forging ahead with plans to more than double its annual production capacity to 120 million tonnes of iron ore a year.
WorleyParsons awarded Fortescue contract
WorleyParsons Ltd has been awarded a lucrative contract for the second phase expansion of Fortescue Metals Group Ltd's iron ore development project.
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
EU widens antitrust probe into BHP...
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed...
Fortescue ship refloated in Port Hedland
BHP Billiton says the grounding of a ship at the Port Hedland harbour illustrates why third parties should not be given access to its Pilbara rail network.
Rio Tinto to invest 2.15 bln dlrs in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Rio Tinto to invest $2.15 bln in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Rio Tinto posts record half-year profit
Rio Tinto Ltd., the world's third-largest mining company, said Tuesday that half-year profit more than doubled to a record on strong demand from China for iron ore and other...
Rio Tinto rail access could 'cost $30b'
Rio Tinto says it could cost Australia $30 billion over 20 years if the company's Pilbara railways in Western Australia are open to third party access.
BHP Billiton and China's Baosteel...
BHP Billiton said Friday it has reached agreement with China's Baosteel on prices for iron ore deliveries, securing increases of up to 96.5 percent after protracted negotiations.