OPERATIONS

As Thiess turns 90, CIMIC takes 60

Engineering giant ups its stake in mining contractor

Staff Reporter
CIMIC has upped its stake in Thiess to 60%. Photo courtesy CIMIC

CIMIC has upped its stake in Thiess to 60%. Photo courtesy CIMIC

Global engineering house CIMIC has entered into an agreement with funds advised by Elliot Advisors to take an additional 10% equity interest in global mining services provider Thiess for $320 million....

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions