WOR
Director Trades
| Date | Director | Value |
|---|---|---|
| J. Geagea | $26,020 | |
| J. Geagea | $53,380 | |
| M. Parkinson | $6,969 |
Company News
Lithium boom: is this time different?
“Stronger for longer” was a snappy slogan in past mining booms that never lived up to its promise because the boom always ended sooner than expected, and while that might be the case with the latest surge in lithium, there is a chance that this phase could be the real thing. One reason for believing […]
ANZ’s $4.9b bid for Suncorp Bank, Woolworths buys Shopper Media, and Worley wins services contracts with Saudi giant Aramco
Australia and New Zealand Banking Group (ASX: ANZ) has announced a $4.9 billion bid to acquire Suncorp Group’s (ASX: SUN) Suncorp Bank division, with the acquisition expected to accelerate growth of ANZ’s retail and commercial businesses, while expanding its presence across the east coast. The major bank entered a trading halt to raise $3.5 billion […]
Telstra acquires Digicel, Rio Tinto faces labour shortages and South32 sells base metal royalties to Anglo Pacific
Telstra (ASX: TLS) has announced it has completed a multibillion-dollar purchase of Digicel Pacific, a Pacific Islands telecommunications company. The reliable industry leader has been backed with funding from the Australian government, providing US$1.33 billion (A$1.98 million) through Export Finance Australia (EFA). Australia’s international development and the Pacific minister Pat Conroy said the telecommunications giant […]
Worley awarded Santos contract, severe weather impacts Costa Group harvest, and Beach Energy completes Otway program
Santos (ASX: STO) has awarded Worley (ASX: WOR) a professional services contract to help guide its Bayu-Undan carbon capture and storage (CCS) project. Worley will provide front-end engineering and design (FEED) services for the offshore Bayu-Undan CCS project, which is located in the Timor Sea. It is expected up to 10 million tonnes of carbon […]
BHP to shut down NSW’s largest coal mine, Worley strikes deal with Chevron and Fortescue teams up with Liebherr
BHP Group (ASX: BHP) has announced it will shut down its Mt Arthur coal mine in New South Wales after no buyers were sought for the state’s largest coal mine, which has been operating since 2002. The mine will continue to operate until at least 2026, with BHP expected to extend the operations until 2030 […]
How to find winners in the mining services sector
At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP), most investors seeking a resources exposure would be happy to invest directly in the major producers. Of course, the history of resources is also about endless boom-and-bust cycles – and if history doesn’t […]
Aurora Labs partners with WorleyParsons in 3D additive manufacturing joint venture
Australian 3D printing specialist Aurora Labs (ASX: A3D) has joined forces with engineering firm WorleyParsons (ASX: WOR) to create an additive manufacturing joint venture targeting mining, energy and infrastructure sectors. Known as AdditiveNow, the new entity will use rapid manufacturing metal 3D printing technology, along with engineering expertise from WorleyParsons’ subsidiary Advisian Digital, to design, […]
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