Boddington to go driverless
Newmont has announced a $150m investment in an autonomous haulage system at its Boddington gold asset. Following in the footsteps of the IO majors, autonomous fleet is increasingly attractive for...
Category: Noteworthy News
How Green is Green Energy?
Here at Construction Advisor we’re great supporters of renewable energy generation and the transition to a low-emissions economy so a recent article from Bloomberg surprised us. The article states that, in America,...
UGL adds $180m to the pipeline
CIMIC Group company UGL has added approx. $180m in maintenance, shutdown and projects services contracts across QLD and WA. The contracts include a 3 year service contract to Alcoa at...
Has the construction industry already caught the virus?
As measures to contain the outbreak of the coronavirus in China (and abroad) remain fluid and changing, the full impact on Australia’s imports and exports remain to be fully realized....
Is AEMO pulling the plug on solar in VIC?
In a sector that has seen its development pipeline slashed on the back of the RCR collapse and uncertainty on policy and commercial terms, news that AEMO has been intervening...
What is reverse factoring and why you should care
Cash may be king but cash-flow is the lifeblood of business – particularly small business. Payment terms have long been a concern for suppliers as different customers offer settlement on...
Westgate Tunnel Project Sinking…
Project owner Transurban has this morning advised the ASX that JV contractors CPB and John Holland are seeking to terminate their contract to build the Westgate Tunnel Project. The project...
CIMIC Starts 2020 with a win
CIMIC has started the new decade in much the same way it ended the last winning $180m in mining services contracts. Subsidiary UGL has been named as the successful party...
150 to be retrenched as borer sits idle
Five months on from the discovery of PFAS contaminated soil on the Westgate Tunnel project, the two main tunnel boring machines (TBMs) remain idle with no certain plan for how...
Verve Constructions Joins List of Struggling Builders
Following the collapse of apartment builders Ralan Group and Stellar in 2019 another scalp has been taken in Melbourne based developer Verve Constructions. Verve was currently in various stages of...