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Handling - 14 January 2016

CIMIC targets Sedgman in takeover bid

CIMIC, the owner of mining contractor, Thiess, is attempting to expand its mining footprint with the acquisition of Australian engineering company, Sedgman.

 

Port of Newcastle coal exports fall in 2015

Coal exports through the Port of Newcastle in New South Wales, Australia, fell 0.6% in 2015 amid difficult market conditions for seaborne coal.