ASX Announcements
Dividend Record Date, Dividend Pay Date, Dividend Rate
NRW Half Year Results - Conference Call details
Half Yearly Report, Web Casts
Market Sensitive
Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report, Dividend Record Date, Dividend Pay Date, Dividend Rate
February
Whyalla steelworks fallout trips up $1.5b mining contractor
NRW Holdings must hastily redo its half-year result because its Golding business is owed up to $120 million in the collapse of part of Sanjeev Gupta’s empire.
January
Gupta’s unpaid bills mount up despite Whyalla steel restart
Five suppliers to Sanjeev Gupta’s Whyalla steelworks and nearby mines have lodged fresh notices of defaults for a combined $650,000.
December 2024
Wine, coffee and shortbread biscuits: Inside this year’s AGM season
“Why can’t you pay dividends in gold instead of cash?” one investor asked the mining company’s board. “I want to hang a chunk from a necklace.”
October 2024
Sanjeev Gupta steps up cost-cutting at iron ore mines
A contracting business owned by the $1.7b ASX-listed NRW Holdings is squeezed as the UK industrialist scrambles to make savings to keep his empire afloat.
September 2024
GFG Alliance’s bills mount as the Whyalla Steelworks begins to strain
The South Australian government says it is important not to “create a panic” even as some suppliers to the Sanjeev Gupta-run business lodge default notices.
November 2022
How to invest in Australia’s ‘four speed’ economy
There are opportunities in looking beyond “averages” and exploring the different dynamics at play across the country.
August 2022
Thiess tightens grip on MACA
Contract miner Thiess is putting the pincer moves on target MACA in a bid to lock out rival NRW Holdings.
Thiess raises MACA bid, secures 16pc
The mining contractor has lifted its cash takeover offer and secured support from the West Australian company’s founding shareholders.
Profit at takeover target MACA triples to $43m
MACA’s CEO said the Western Australian mining services contractor was willing to consider more takeover bids after the company’s annual profit trebled to $43 million.
NRW’s well-travelled but difficult road to MACA
NRW Holdings is pushing the proverbial uphill at MACA Ltd.
Come back with better bid, MACA investors say
MACA investors have urged NRW Holdings to make a firm rival bid for the Perth-based construction group after its indicative takeover approach was knocked back.
February 2021
Fortescue’s Iron Bridge partner in $155m cash call
The Taiwanese company involved in Fortescue’s troubled magnetite project has pumped $155m into its local subsidiary amid expectations of a major cost blowout.
January 2021
ASX sinks 2.8pc in worst week since October
The sharemarket limped to a fourth month of gains despite a late slide on Friday afternoon. Volatility spiked over the week as retail traders took on Wall Street. Westpac lifted its $A forecast to US85¢ by mid-2022.
December 2020
How a $600,000 debt could have sunk a $292m gold mine
Mark Rowsthorn and Simon Raftery used a slice of debt to try to liquidate a West Australian mine which hoped to produce 400,000 ounces of gold in seven years.
November 2020
NRW gobbles up another rival in contracting acquisition spree
NRW Holdings is set to add to its growing list of acquisitions with a $100 million offer for experienced lithium plant contractor Primero Group.
July 2020
ASX slumps 2pc; Stocks notch up four month winning streak
Australian stocks notched up their fourth consecutive month of gains despite a 2 per cent sell-off on Friday. The S&P/ASX200 rose 0.5 per cent in July. Bank stocks tumbled as 10-year yields fell to the lowest since early April. AMP plunged 12 per cent on a profit warning. Super Retail soared 9 per cent on sales growth.
March 2020
NRW Holdings chief sold shares before dividend deferral
Six days before announcing the deferral, CEO Julian Pemberton sold 3.65 million shares to fund "personal tax liabilities".
November 2019
NRW Holdings in $120m cash call for BGC buy
Mining services company NRW Holdings is in front of investors seeking fresh funds to fuel its bid for BGC Contracting.
NRW Holdings 'preferred bidder' in BGC Contracting auction
NRW Holdings is poised to acquire Perth-based mining and construction contractor BGC Contracting.
October 2019
MacCap readies hammer in BGC Contracting auction
It's mining services companies at 10 paces as the auction for BGC Contracting goes down to the short strokes.