We are progressing along our diversity and inclusion journey. Ausenco Annual Report, Consolidated statement of comprehensive income, Consolidated statement of changes in equity, Independent auditor's report to the members, Loss from ordinary activities attributable to members, Net loss for the period attributable to members, No Final dividend paid in respect of the financial year ended 31 December 2014, Interim dividend declared subsequent to 30 June 2014, Record date for determining entitlements to the final dividend, Net tangible asset backing per ordinary security. Ausenco is globally recognised for providing consulting, project delivery, and asset operations services to the international mining sector including high performance copper processing and infrastructure projects. Expand our collaboration and mutually The Australian firm said it would commence the definitive feasibility study on the project . Whilst every care has been taken in producing these numbers, InvestSMART does not guarantee the accuracy of the figures produced in the table. -, Ausenco : Court approval of Scheme of Arrangement, Ausenco : Lodgement of Court Orders with ASIC - Scheme becomes legally effective, Ausenco : Shareholders vote in favour of Scheme Resolution and EGM Resolution, http://www.ausenco.com/news-items/2015-full-year-financial-report-and-appendix, Ausenco : EGM and Scheme meetings reminder, Ausenco : 2016 Second Quarter Trading Update, Ausenco : Australian Workplace Gender Equality Report Lodged, Ausenco : 2016 First Quarter Trading Update, Ausenco : 2016 AGM Ausenco Chairmans Speech, CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED, Chief Executive Officer, Executive Director & MD. Ensure female employees feel equally supported and included In 1995, the second office opened in Perth, Australia. In our recent report, we outline a clear ESG roadmap, ESG material topics, and the performance metrics that will keep us moving forward. The Ausenco testwork demonstrated that the Salave ore is moderately hard with a bond work index ranging from 16.3 to 17.2 kWh/tonne, yields flotation recoveries . Jim Norine discusses the push to reduce permitting times in the USA, and other options we can use now to improve existing operations and processing techniques to increase energy efficiency and lower emissions. | We're a consulting, engineering, project delivery and asset operations and optimisation company that sets high global standards for value adding solutions for the minerals & metals, oil & gas and industrial sectors. Performing this action will revert the following features to their default settings: Hooray! Develop a more comprehensive ESG risks and This important history and the ongoing cultural, spiritual and educational practices makes Australia a stronger and more vibrant place. ABN AMRO Australian Engineering and Construction Conference September 2006 Zimi Meka, Managing Director. Please try again. (for more details please see News Release No. All rights reserved. Learn more Finding a better way for Ravenswood Gold How our culture drove tangible value for a mining leader. Ausenco Annual Report 2015 For personal use only 2 | Ausenco Annual Report 2015 Contents 02 015 Highlights2 04 Chairman's Report 06 CEO's Report 10 South America 12 North America 14 APAC/Africa 16 People and Sustainability 20 Financial Review 24 Board of Directors 26 Corporate Governance Statement 35 Concise Financial Report 78 It is classified as operating in the Engineering Services industry. and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Teck Resources Limited has announced the reorganisation of its business to separate Teck into two independent, publicly-listed companies. Details of Underlying EBITDA are included in Alternative performance measures in the financial report on page 94. Educating our employees and subsidiaries on our sustainability commitments and ensuring they adhere to the guidelines Company Profile & Annual Report for Ausenco Usa Access the complete profile. The information contained in this report is for the full year ended 31 December 2015 and the previous corresponding period 31 December 2014. Ausenco has worked on projects in over 90 countries around the world, and has around 2,000 employees as of 2018, across 26 offices in 14 countries.[13]. You should consider the advice in light of these matters and, Wherever we operate, we respect diverse communities and environments and strive to achieve sustainable outcomes for all. We encourage and support employees to be actively involved in partnerships with local groups, Indigenous communities and charities. Hemmera is part of the Environment & Sustainability practice. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) Please select a quantity for at least one ticket. | We're a consulting, engineering, project delivery and asset operations and optimisation company that sets high global standards for value adding solutions for the minerals & metals, oil & gas and industrial sectors. We implemented reporting mechanisms and developed an implementation plan, processes, metrics and data platform to demonstrate our ESG performance and commitments. Australian Accounting Standards are utilised when compiling the report. brokerage and assuming dividends re-invested and no withdrawals. 2014 and any public announcements made by Ausenco Limited during the interim reporting period in accordance . We have mapped our potential impacts on the SDGs to our material topics and our core values in order to highlight our priority sustainability areas. Candente Copper Corp. (TSX:DNT, BVL:DNT) ("Candente Copper, Company) is pleased to announce that it has engaged Ausenco Engineering Canada Inc. (Ausenco) to conduct Desk Top Studies to identify and define a smaller, higher grade, start up option for Caariaco with a smaller initial capital expenditure (CapEx) and accelerated payback period. Registration for this event is available only to Eureka Report members. This may not include all funds available for retail investment in Australia. 6 | Ausenco Annual Report 2014. You should consider the PDS, FSG and TMD before making a decision about a product. Reducing resource consumption and optimising resource use in our operations [8] This increased employee numbers by 150%, and expanded service offerings to include pipeline systems, ports & marine, environment & sustainability, and transportation systems. This requires changes to how we conduct ourselves. Magazine: ABN AMRO Morgans Aust Eng Construction Conference - Ausenco. "FREE" : "$" + t.Cost.toFixed(2) }}, Copyright 1999-2023 InvestSMART Financial Services Pty Ltd. All rights reserved | Australian Financial Services Licensee: AFSL # 226435 | ABN 70 089 038 531 |. You now have access to Free Eureka Report Insights, We look forward to helping you on your financial journey. In 2021, Ausenco kicked off an initiative to develop a more structured approach to sustainability and ESG. Were making a deliberate and concerted effort to build respectful relationships with Indigenous peoples by acknowledging the past, reconciling this with the present, and building for the future based on trust, respect, partnership and accountability. complete or timely nor will they have any liability for its use or distribution. efficiency, using alternative energy and In Peru, Ausencos experience includes providing Engineering, Procurement and Construction Management services to design, construct, and commission the 25 million tonnes per year concentrator and associated infrastructure for the Constancia Copper Molybdenum Project owned by Hudbay. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Furthermore, Ausenco is currently in the final stages of providing Engineering, Procurement and Construction Management services to design, construct, and commission two processing facilities that will process 6 million tonnes per year of copper sulfide ore and 12 million tonnes per year of oxide ore via solvent extraction and oxide leaching facility (along with associated infrastructure) for the Mina Justa project owned by Marcobre S.A.C. Ausenco has been providing full life cycle solutions that allow clients, governments, and communities to meet today's stringent environmental, social and governance (ESG) demands. Corporate headquarters in South Brisbane, Queensland, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Ausenco acquires PSI group for $US32.9m", "ASX Company News: Ausenco Acquires Reaction Consulting | Online Stockmarket Trading Update", "Asset Management and Engineering Support Services", "expands in North American oil and gas market | News item", "Award of EPCM Contract for Phu Kham Copper-Gold Project | FinancialContent Business Page", "Phu Kham Copper-Gold Project | Case study", "Hidden Valley Gold Project | Case study", "Ausenco To Manage Expansion Of Barrick's Lumwana Project", "Ausenco wins Isaac Plains CHPP contract", "Isaac Plains CHPP Operations | Case study", "CiDRA Holdings LLC Anglo American Awards CiDRA Contract for Los Bronces", "Los Bronces Copper Ore Pipeline | Case study", "Kwale Mineral Sands Project | Case study", "Reference at www.bulk-solids-handling.com", "Ausenco Limited: Ausenco wins contract for Springsure Creek Coal Project", "Mount Owen - Using flotation to improve coal recovery | Project | Ausenco", https://en.wikipedia.org/w/index.php?title=Ausenco&oldid=1139871911, International engineering consulting firms, Multinational companies headquartered in Australia, Engineering consulting firms of Australia, Articles lacking reliable references from January 2014, Articles with a promotional tone from January 2014, Articles with multiple maintenance issues, Wikipedia articles containing buzzwords from September 2019, Creative Commons Attribution-ShareAlike License 3.0, Engineering/Consulting services/Project Delivery, Hidden Valley Gold Silver Project in Papua New Guinea in 2006, Martabe Gold Silver Project, Indonesia in 2009, This page was last edited on 17 February 2023, at 08:30. We conduct our relationships with communities where we operate with integrity and respect. Performance figures for periods greater than one year are annualised and presented as "per annum" values. Read detailed company information including earnings, capital structure, cashflow & historical financials. Ausenco awarded Rosemont EPCM work. If you didn't receive a code via SMS/text to you mobile phone, you may request a new code. Ausenco Limited (AAX) Company Financials. At Ausenco we strive to work with suppliers who are socially, environmentally and economically responsible and who share our values. The Indigenous Peoples of Australia are part of the oldest continuous cultures on the planet, dating back more than 60,000 years. Decarbonization and climate "FREE" : "$" + t.Cost.toFixed(2) }}, Copyright 1999-2023 InvestSMART Financial Services Pty Ltd. All rights reserved | Australian Financial Services Licensee: AFSL # 226435 | ABN 70 089 038 531 |. We provide services across the full project lifecycle from preliminary feasibility studies to the construction of multi-billion dollar projects and ongoing management, maintenance and optimisation.. At Ausenco, were proud of our ability to attract visionary people who embrace challenges and discover innovative solutions to each and every project. # Performance figures are after management and admin fees excl. Ausenco Limited is a multinational engineering, procurement, construction management, and operations service provider to the energy and resources sectors. Get started now for absolutely FREE, no credit card required. We value our peoples ability, diversity and creativity, and we do everything in our power to nurture their existing talents and develop new ones. The actions of individual companies are critical for achieving positive outcomes. Our journey continues with a clear vision and a committed, experienced team. {{ t.Cost === 0 ? The potential for negative social impacts. Teck Resources to spin off steelmaking coal business, Ausenco releases 2020 Sustainability Report. They are a set of mandatory health and safety control measures that apply to all Ausenco operations and controlled activities. Only funds with > three year returns were included in any fee comparison, and were compared to Morningstars nominated benchmark. For more information about fees and costs, please see the Product Disclosure Statement and Investment Menu. Embed article link: (copy the HTML code below): This content is available to registered readers of our magazine only. We look forward to helping you build a market beating stock portfolio. Equipment and construction services procured to support on-going projects, Support operations including: building leases/rentals, information technology, professional fees, Insurance, travel and other specialty services and more. Please enter the code below. Collaborating with our suppliers and partners to minimize the environmental impacts of projects. We are committed to this process and to redefining our relationship with Indigenous people in Canada. Ausenco was subsequently de-listed from the Australian Securities Exchange. DIRECTORS The following persons were Directors of Ausenco Limited during the whole of the financial year and up to the date of this report: George Lloyd. It may take a few minutes to update your subscription details, during this time you will not be able to view locked content. peoples and communities. Our workforce is made up of individuals with a large range of skills, values, backgrounds and experiences. Our governance commitments include: Ensuring the ongoing monitoring and oversight of our sustainability performance by the Ausenco Board of Directors and Executive Leadership Team This may not include all funds available for retail investment in Australia. The Company is currently focused on its 100% owned Caariaco project, which includes the Feasibility stage Caariaco Norte deposit as well as the Caariaco Sur deposit and Quebrada Verde prospect, located within the western Cordillera of the Peruvian Andes in the Department of Lambayeque in Northern Peru. Be recognised by employees and clients Annual P/E Relative P/E Shareholder Return; 2015: 0 . beneficial partnerships with Indigenous Candente Copper relies upon litigation protection for forward-looking statements. * InvestSMARTs capped management fees (capped at $550 p.a.) Evaluating risks and reducing emissions associated with our business activities, Applying leading standards of environmental practice to our service offerings, including efficient use of resources, management of hazardous and non-hazardous waste, water efficiency and quality, protection of habitat and biodiversity, Designing and building facilities that minimize environmental impacts across a projects full lifecycle. Registration for this event is available only to Eureka Report members. Please contact Member Services on support@investsmart.com.au or 1300 880 160. It may take a few minutes to update your subscription details, during this time you will not be able to view locked content. Combining our deep technical expertise with a 30-year track record, we deliver innovative, value-add consulting studies, project delivery, asset operations . The email address you entered is registered with InvestSMART. Our approach ensures the careful use of the worlds most precious resources, providing critical materials to supply chains in the most efficient way possible, while supporting sustainable growth and balanced development. For the full financial statements including commentary on the results, please refer to the financial report and press release. Are you sure you want to delete your template? Promoting and growing diversity and inclusion in our workforce For the effect of fees on your cumulative returns, please see our report How Fees Can Destroy Your Wealth. Ausenco Americas's annual revenues are $1-$10 million (see exact revenue data) and has 10-100 employees. Assuming favourable results from the Desk Top Studies the Company would look to move into a Preliminary Economic Assessment (PEA) on the Revised Project Concept which would be expected to take approximately 4 months to complete. Date: 26/02/2016 Patrick O'Connor. PRINCIPAL . Ausenco began an expansion program in 2008 by acquiring several companies to enhance their service offering, including Vector Engineering, Pipeline Systems Incorporated (PSI)[7] and Sandwell. Send verification code is disabled for {{getRemainingTimeText()}} sec. On this Wikipedia the language links are at the top of the page across from the article title. View our membership page for more information. The big question facing mining execs isnt whether ESG is important to their business, but rather how to make it real and measurable within their business. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. Whilst every care has been taken in producing these numbers, InvestSMART does not guarantee the accuracy of the figures produced in the table. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. In mid-2015, Ausenco formed a Strategic Alliance with Spanish multinational construction company Duro Felguera S.A. to jointly pursue and deliver EPC projects globally. At Ausenco, our people work in ever-changing environments, climates and locations, across many industries. Friday, 23 April 2021 11:15. Here are the [5] The Ausenco foundation[6] was also launched in 2007 to offer support to the communities in which people from Ausenco live and work. Global Citizenship - leveraging our experience and values to take action on a worldwide scale. Cras justo odio, dapibus ac facilisis in, egestas eget quam. View our membership page for more information. 20 August 2015. Accordingly, this report is to be read in conjunction with the annual report for the year ended 31 December . All rights reserved. In 2020, we created the Diversity and Inclusion (D&I) Committee representing people of different geographies, businesses, and experiences. For personal use only. do not include indirect cost ratio charged by ETF providers nor brokerage. Its up to them to ensure the organization conducts itself in a way that is consistent with our approach to sustainability. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) Our role, as a resources industry partner, is to help grow the economy of the communities in which we operate, and to develop employment, procurement, community and contractor engagement opportunities when possible.
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