Sharon Olalia

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Leighton's Thiess secures $1.3bn mining contract

Construction giant Leighton Holdings Ltd (ASX: LEI) says its subsidiary Thiess Pty Ltd has been awarded a six-year $1.3 billion contract to extend mining operations at Peabody Energy Australia’s Burton Coal Mine in Queensland’s resource rich Bowen Basin.

Equinox completes $1.25B takeover of Citadel

Equinox Minerals Ltd (ASX:EQN) says it has successfully completed its $1.25 billion friendly takeover of Citadel Resource Group Ltd (ASX:CGG), which owns a copper mine in Saudi Arabia.

Fortescue's iron ore production up 9pct

Fortescue Metals (ASX: FMG), Australia's third-biggest iron ore miner, says ore shipments jumped 9 percent in the December quarter from a year earlier as it continues with its expansion plans in Australia.

Rafa Nadal on quest to hold four grand slam titles

Rafa Nadal begins his quest on Tuesday to equal a 42-year-old record and holding all four Slams at the same time. Nadal is currently world number one and holds the Wimbledon, Roland Garros and US Open titles.

Queensland floods fuel Australian inflation

The Australian TD Securities - Melbourne Institute monthly inflation gauge lifted 0.2 per cent in December, with price increases for fuel, fruit and vegetables, holiday travel and accommodation contributing the most to the rise, according to data released on Monday.

Nufarm to fight legal actions on guidance

Agrichemicals company Nufarm Ltd (ASX:NUF) says it will fight legal proceedings vigorously after law firm Slater & Gordon Ltd (ASX:SGH) filed class action proceedings against it.

Woolworths grappling to replenish supermarkets

Australia's largest supermarket chain Woolworths Ltd (ASX:WOW) says delivery of food into Queensland supermarkets continues to be challenging and it could take weeks before stock levels return to normal in many stores.

Coles working to restock Queensland stores

Wesfarmers’ (ASX: WES) Coles supermarket says it is working to get food back on the shelves of its 150 Queensland branches affected by the devastating floods, especially the 50 stores isolated by flood waters.

CFS Queensland malls safe from floods

Colonial First State Property Retail Pty Ltd, manager of CFS Retail Property Trust said none of its Queensland shopping centres has experienced material damage and each is fully insured for loss of rental income and flood damage.

Sigma expects drug pricing changes to impact revenue

Sigma Pharmaceuticals Ltd (ASX:SIP), which is selling its generic drugs unit to South Africa's Aspen Pharmacare, says revenues will be negatively affected by changes in government pricing of generic medicines.

Westpac bank sets up branch at Brisbane flood evacuation centre

Westpac Banking Corp. (ASX: WBC) has set up a mobile banking centre at Brisbane's primary flood evacuation precinct to allow displaced victims of the devastating Queensland floods to perform basic banking transactions and cash emergency relief cheques.

Queensland floods hamper Macmahon's operations

Mining and construction contractor Macmahon Holdings Ltd (ASX: MAH) says a number of its mining and construction projects in Queensland have been impacted by the ongoing severe weather conditions.

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