Put more and better data to work for you

AS specialised vehicle company McLaren Hire celebrates continued strong growth, it has announced its name change to McLaren’s Raw Hire. The company began business 14 years ago with only one vehicle; it now has a fleet of 1000 vehicles and is a preferred supplier for short-term vehicle hire for resource giant Chevron. Raw Hire director Sean Clarke said the company had experienced sustained and rapid growth and there were no signs of slowing down. “Every year, McLaren’s Raw Hire has consistently doubled its fleet,” he said. “We’ve gone from renting a single vehicle from a caravan park in Karratha, to running two north-west branches, an airport facility and a corporate office in Perth. “This year will see us open additional...

Red 5 Limited’s (ASX: RED) project, King of the Hills (KOTH) is progressing on schedule for first gold in the June Quarter of 2022. It’s located in WA’s Goldfields-Esperance region with a 16-year life-of-mine. The geology of KOTH is unique in the distribution of ore within intrusive rock types throughout the mafic and ultramafic host rocks, and the relative softness of this ore. The confidence and understanding of both the geology and metallurgy at KOTH are exceptionally high. KOTH’s construction has remained within budget, with several key achievements in the construction progress during August 2021: All the SAG mill components have been delivered to site, sole plates are in place on the foundation, and assembly of the mill shell and...

FOR more than 100 years AJ Stock has manufactured high quality, custom-designed transport equipment. Best known as a tipper manufacturer, the company recently added water tankers to its build capabilities. Started in 1896 by Arthur James Stock, AJ Stock quickly earned a reputation for making steel products that were tough and reliable. Today, the company is owned and operated by Mark James, who continues to uphold the company’s proud tradition of building long-life, high quality equipment. “We have built over a thousand tipper bodies Australia-wide that are being used in a range of applications. We supply a variety of customers, including local councils, state government bodies, mining companies, water authorities and private contractors,” Mr James said. “We are lucky enough...

A heads of agreement (HOA) between failed base metals miner Kagara and Mungana Goldmines has collapsed after unfavourable ruling from the Australian Tax Office. An agreement was reached in December whereby Kagara would hand back its 95.6 million Mungana Gold Mines shares, in exchange for the return of the gold rights and cancellation of other debts between the companies. On 21 February, 2013, Mungana Goldmines announced it had received a private ruling from the ATO which “does not confirm the full availability of tax losses to offset any tax liability arising from the HOA transaction”. As a result of this failed key condition, the HOA it was terminated. The administrators of Kagara and Mungana have agreed to continue discussions with...