August 2020
- Opinion
- Sharemarket
How to cash in on mining technology
Companies that combine the booming worlds of IT and mining into a new class of “pick-tech” stock stand to benefit from growing demand.
- Elio D'Amato
September 2019
Swick Mining Services, Rox Resources launch placements
Swick Mining Services has tapped Perth broker Euroz Securities to oversee a placement to institutions of 65.2 million shares.
- Sarah Thompson and Anthony Macdonald
November 2014
Mining services: dive in exploration drives creativity
The steady decline in exploration spending has prompted more mining service operators to look more creatively at doing deals as they seek to maintain revenues.
- Brian Robins
August 2014
Swick Mining Services profit dives 86pc
Swick Mining Services said net profit for the year dived 86 per cent to $1.54 million on the back of a 20 per cent fall in revenue to $117.6 million but the company will pay a dividend for the period.
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- Tess Ingram
Results Wrap | Reporting season blog
Live blog | Welcome to the Financial Review reporting season blog. Companies that have reported today include: ■ Bluescope Steel ■ Caltex Australia ■ Spark Infrastructure ■ UGL ■ NIB ■ Patties Food.
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May 2014
Swick Mining Services (SWK)
Hartleys has revised lower its estimates for Swick Mining after the company cut its fiscal 2014 earnings forecast.
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- Sineva Toevai
September 2011
June 2011
P/E ratio too rich for Barminco float
Barminco seemed to have everything right – solid management, contented customers and a full order book. That wasn’t enough to get its IPO off the ground.
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- Anthony Macdonald
May 2011
Swick Mining Services (SWK)
Increasing demand for Swick Mining Services’ rigs, higher drilling rates and robust commodity prices have prompted Deutsche Bank revise earnings forecasts and reinstate the company with a “hold” recommendation.
- Claire Stewart
April 2011
Fund managers have a field day
Fund managers have been busy uncovering value in the market over the past fortnight, and some stocks have found multiple buyers.
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- Gillian Tan
March 2011
Drilling services offer greatest leverage to global pick-up
Investors feeling upbeat about the strength of the global economy on the belief that the headwinds from regional natural disasters and UN military intervention in Libya are only short-term bumps on the road to recovery should be looking at mineral and energy drilling contractors.
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- Brendon Lau
November 2010
Swick Mining Services (SWK)
Shares in the drilling company edged up 1.4 per cent to 37.5¢ following the company’s upbeat comments on its outlook at Friday’s AGM.
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- Brendon Lau
Contractors benefit from mining resurgence
The construction and engineering sector has outperformed the broader market this year thanks to optimism surrounding the re-emergence of the mining boom.
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- Brendon Lau
Business briefs
Iron ore heiress Gina Rinehart will become a director of Ten Network Holdings after the television broadcaster’s annual meeting on December 9.
Swick bullish on 2011 revenue
Swick Mining Services told the annual meeting revenue is expected to grow strongly in financial year 2011.
August 2010
Minnows outperform larger peers
Fears about the health of the global economy may have overshadowed the August reporting season, but small cap stocks have largely proven themselves by outpacing their larger peers.
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- Brendon Lau
August 2010
Swick Mining makes a loss; revenue up
Swick Mining Services lost $10.06 million in the year to June 30, 2010, compared with a profit of $2.1million in the 2009 financial year.
July 2010
Rally under threat from global uncertainty
A rebound in profit may not be enough to keep investors onside when August rolls around as questions about the strength of the economic recovery will weigh on investors.
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- Brendon Lau
Buy cheap now, be cheerful later
Price weakness is affecting a number of companies whose shares are sitting below $1 – although analysts say they won’t remain there for long.
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- Brendon Lau
June 2010
Contract adds lustre to Swick
Swick Mining Services has announced a new underground diamond drilling contract from Newmont Mining.
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- Trevor Hoey