Keep Your Wheels Turning

AFTER launching a $193m takeover bid late in August, Northern Star Resources  (ASX: NST) has closed the deal to acquire the controlling interest of explorer Echo Resources (ASX: EAR). As Echo Resource’s major shareholder, Northern Star offered shareholders $0.33c per share in August (a 39.4pc premium on Echo’s volume weighted average at 19 August) to secure a controlling 59.3pc of Echo’s shares. Echo Resources said the offer implies a fully diluted equity value of about $242.6m, with up to $193m payable by Northern Star for shares it does not already own, or the offer amount. Echo’s Yandal gold project, located 400km north of Kalgoorlie and in close proximity to Northern Star’s Jundee operation, was at the centre of the takeover…

Chris Prior, the co-founder and director of Pilbara Rail Maintenance (PRM), has recently been honoured with the WA Business News 40Under40 Award for 2023. This award recognises exceptional business leadership and innovation for professionals under the age of 40 who have demonstrated remarkable success in their respective fields. The award was presented to Mr. Prior during a gala event held at Crown Perth on Friday night, where he was unveiled as one of the 40 winners. Pilbara Rail Maintenance, a 100% Australian-owned and operated company, provides secure and economical solutions for rail construction, maintenance, and civil services to mining and civil contractors and companies in Australia. As one of the most prominent privately-owned rail businesses in the country, the company’s…

AS a global provider of environmental, engineering, construction and strategic consulting services, MWH is proud to have provided hydrogeology, hydrology and engineering services to Atlas Iron since 2006. The company has supported many Atlas projects by providing high-quality groundwater and surface water related services and expertise. Through its robust WA water resource and engineering group, MWH has partnered with numerous mining firms over the years to deliver the best in international practice with a local touch. Drawing upon the expertise of more than 7000 employees across 38 countries, the local team of hydrogeologists, hydrologists, and water and transportation engineers provides smart solutions to its clients’ projects.

The winning Digi-MIN team consisting of three Gekko representatives (graduate process engineer Eliza Craig, graduate metallurgist Barry Tuncks and mechanical designer Matt Kurtze) and Monash University student Daniel Bechaz. By Elizabeth Fabri GEKKO Systems has partnered with Rockwell Automation to develop a metallurgical software program that will account for metal content at various stages of ore processing and provide miners with analytic capabilities to audit and improve performance. In late February the two companies signed a Memorandum of Understanding (MoU), and had now progressed to the development and pilot stage of the project. Gekko global mining and processing services manager Renaldo Maras said the company was pleased to be collaborating with Rockwell Automation; a company it had worked with at…