First Page of Text Here
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Mining in South Australia the AUSTLIAN MINING REVIEW
OCTOBER 2016 20 MINING IN SOUTH AUSTRALIA THE AUSTLIAN MINING REVIEW BHP Billiton’s world-class Olympic Dam project. Image: BHP Billiton. A bright future Home to 68 per cent of the nation’s copper and 25 per cent of the world’s known uranium, South Australia’s resources industry is an irrefutable force. Additional State Government support, which aims to kick-start investment and sector growth, reflects its importance. ELIZABETH FABRI SOUTH Australia, affectionately known as the ‘Copper Kingdom’, has been a key contributor to Australia’s mining industry as far back as the 1800s, and today boasts the world’s largest uranium deposit and the country’s largest underground mine, Olympic Dam. In 2014/15 the State’s minerals and petroleum sector had a gross value of product at $5.958 billion and regionally the industry contributed a gross regional product of $6.377bn. While established operations are peppered across the State, the region maintains more than 700 exploration licenses and more than 20 advanced projects in exploration, feasibility and resource definition phases, signifying great promise for the future. In addition to copper and uranium, commodities such as iron ore, gold, graphite, zinc and zircon are generating interest. However, the fate of the sector is resting on a rapid solution to the high energy prices experienced across the State in recent years. The Whyalla steelworks operation is a recipient of State budget funding. Image: Arrium. Photography Sean Kelly. “At this point in time electricity is the number one, two and three thing that needs dollars to be put into South Australia.” a globally competitive resources sector, the community of Whyalla. -
Genesee & Wyoming Inc. 2016 Annual Report
Genesee & Wyoming Inc. 2016 Annual Report Genesee & Wyoming Inc.*owns or leases 122 freight railroads worldwide that are organized into 10 operating regions with approximately 7,300 employees and 3,000 customers. * The terms “Genesee & Wyoming,” “G&W,” “the company,” “we,” “our,” and “us” refer collectively to Genesee & Wyoming Inc. and its subsidiaries and affiliated companies. Financial Highlights Years Ended December 31 (In thousands, except per share amounts) 2012 2013 2014 2015 2016 Statement of Operations Data Operating revenues $874,916 $1,568,643 $1,639,012 $2,000,401 $2,001,527 Operating income 190,322 380,188 421,571 384,261 289,612 Net income 52,433 271,296 261,006 225,037 141,096 Net income attributable to Genesee & Wyoming Inc. 48,058 269,157 260,755 225,037 141,137 Diluted earnings per common share attributable to Genesee & Wyoming Inc. common stockholders: Diluted earnings per common share (EPS) $1.02 $4.79 $4.58 $3.89 $2.42 Weighted average shares - Diluted 51,316 56,679 56,972 57,848 58,256 Balance Sheet Data as of Period End Total assets $5,226,115 $5,319,821 $5,595,753 $6,703,082 $7,634,958 Total debt 1,858,135 1,624,712 1,615,449 2,281,751 2,359,453 Total equity 1,500,462 2,149,070 2,357,980 2,519,461 3,187,121 Operating Revenues Operating Income Net Income Diluted Earnings ($ In Millions) ($ In Millions) ($ In Millions) 421.61,2 Per Common Share 2 2,001.5 401.6 1 $2,000 2,000.4 $400 394.12 $275 271.3 $5.00 1 2 4.79 1 374.3 1 380.21 384.3 261.0 4.581 1,800 250 4.50 350 1,639.0 225.01 225 2 1 1,600 233.5 4.00 2 3.89 1,568.6 4.10 2 300 2 200 213.9 213.3 2 3.78 2 1,400 1 3.50 3.69 289.6 183.32 3.142 250 175 1,200 3.00 211. -
Meeting Details Report
Voting report for the period 1 July 2015 to 31 December 2015 Meeting Date ASX Code Company Name Summary CareSuper Vote 7/07/15 INT INT Corporation Limited Approve the Consolidation of Shares and Options For 7/07/15 INT INT Corporation Limited Approve the Change in Nature and Scale of the Company's Activities For 7/07/15 INT INT Corporation Limited Approve the Acquisition of Relevant Interest For 7/07/15 INT INT Corporation Limited Approve the Issuance of Consideration Securities to Non-Related Party Investors For 7/07/15 INT INT Corporation Limited Approve the Issuance of Consideration Shares to Shauna Mei For 7/07/15 INT INT Corporation Limited Approve the Issuance of Consideration Securities to Sachin Devand For 7/07/15 INT INT Corporation Limited Approve the Executive and Employee Incetive Plan For 7/07/15 INT INT Corporation Limited Approve the Issuance of Incentive Securities to Shauna Mei, Director of the Company For 7/07/15 INT INT Corporation Limited Approve the Issuance of Incentive Securities to Sachin Devand, Director of the Company For 7/07/15 INT INT Corporation Limited Approve the Grant of 44.44 Million New Shares to Investors For 7/07/15 INT INT Corporation Limited Approve the Grant of 166,667 New Shares to Mike Hill, Director of the Company For 7/07/15 INT INT Corporation Limited Elect Shauna Mei as Director For 7/07/15 INT INT Corporation Limited Elect Sachin Devand as Director For 7/07/15 INT INT Corporation Limited Approve the Change of Company Name to AHAlife Holdings Limited For 14/07/15 CSR Csr Ltd. -
PGI Annual 2012
PRINCIPAL GLOBAL INVESTORS FUNDS An umbrella trust governed by the laws of Ireland Annual Report and Audited Financial Statements For the year ended 30 September 2012 PRINCIPAL GLOBAL INVESTORS FUNDS ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2012 CONTENTS General Information ............................................................................................................................................................. 3 Investment Adviser’s Report ........................................................................................................................................... 5 Independent Auditor’s Report ................................................................................................................................... 12 Trustee’s Report ..................................................................................................................................................................... 14 Statement of Manager’s and Trustee’s Responsibilities ........................................................................... 15 Portfolio of Investments Global Equity Fund ................................................................................................................................................... 16 Asian Equity Fund ...................................................................................................................................................... 18 European Equity Fund ........................................................................................................................................... -
Business Leadership: the Catalyst for Accelerating Change
BUSINESS LEADERSHIP: THE CATALYST FOR ACCELERATING CHANGE Follow us on twitter @30pctAustralia OUR OBJECTIVE is to achieve 30% of ASX 200 seats held by women by end 2018. Gender balance on boards does achieve better outcomes. GREATER DIVERSITY ON BOARDS IS VITAL TO THE GOOD GOVERNANCE OF AUSTRALIAN BUSINESSES. FROM THE PERSPECTIVE OF PERFORMANCE AS WELL AS EQUITY THE CASE IS CLEAR. AUSTRALIA HAS MORE THAN ENOUGH CAPABLE WOMEN TO EXCEED THE 30% TARGET. IF YOUR BOARD IS NOT INVESTING IN THE CAPABILITY THAT DIVERSITY BRINGS, IT’S NOW A MARKED DEPARTURE FROM THE WHAT THE INVESTOR AND BROADER COMMUNITY EXPECT. Angus Armour FAICD, Managing Director & Chief Executive Officer, Australian Institute of Company Directors BY BRINGING TOGETHER INFLUENTIAL COMPANY CHAIRS, DIRECTORS, INVESTORS, HEAD HUNTERS AND CEOs, WE WANT TO DRIVE A BUSINESS-LED APPROACH TO INCREASING GENDER BALANCE THAT CHANGES THE WAY “COMPANIES APPROACH DIVERSITY ISSUES. Patricia Cross, Australian Chair 30% Club WHO WE ARE LEADERS LEADING BY EXAMPLE We are a group of chairs, directors and business leaders taking action to increase gender diversity on Australian boards. The Australian chapter launched in May 2015 with a goal of achieving 30% women on ASX 200 boards by the end of 2018. AUSTRALIAN 30% CLUB MEMBERS Andrew Forrest Fortescue Metals Douglas McTaggart Spark Group Ltd Infrastructure Trust Samuel Weiss Altium Ltd Kenneth MacKenzie BHP Billiton Ltd John Mulcahy Mirvac Ltd Stephen Johns Brambles Ltd Mark Johnson G8 Education Ltd John Shine CSL Ltd Paul Brasher Incitec Pivot -
Growth in All the Right Places
Monday 18 May 2015 Growth in all the right places I want the negativity to stop now! There are some great things in this Budget for growth and if we all just get on with it, the economy might actually do better, which would be good for growth and good for stocks. Today I mention a few that are particularly set to do well. Also today, Tony Featherstone breaks down the BHP spinoff South32 and examines whether you should hold it and potentially buy more now, or later when all the institutional activity has died down. James Dunn has 5 remarkable REITs and Paul Rickard shares everything you need to know for a sector review. Buy, Sell, Hold – what the brokers say, has upgrades for ALS and Sirtex and our Super Stock Selectors single out Dulux and Hansen Technologies. Sincerely, Peter Switzer Inside this Issue 02 3 arguments for buying South32 by Tony Featherstone 05 Joe’s Viagra Budget will help these stocks by Peter Switzer 07 Everything you need to know for a sector update by Paul Rickard 10 5 remarkable REITs by James Dunn 13 Buy, Sell, Hold – what the brokers say 3 arguments for buying by Rudi Filapek-Vandyck South32 16 Shortlisted – Super Stock Selectors by Tony Featherstone by Penny Pryor 18 Steady as she goes for property 02 by Switzer Super Report Important information: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does Switzer Super Report is published by Switzer Financial Group Pty Ltd AFSL No. -
The ISA Discussion Paper (DP) Identifies The
The ISA Discussion Paper (DP) identifies the following four projects within the Eyre & Western Region as priorities ‐• 6‐Star $500m International Holiday Resort • Competitive Export Pathways for Primary Industries • Super School in Whyalla Education & Training Precinct • Energy Transmission and Generation on EP. This information is sourced (acknowledged) from the RDSA Infrastructure Priorities Report. The priorities require updating to reflect changes since the report was published and the report, within the context of this region and ISA’s objectives, requires a broader perspective. For instance RDAWEP has successfully supported and advocated for; the $100m Super School (due for completion in 2021) and has broadened the agenda to advocate for an integrated Education and Innovation Precinct (EIP) an $280m upgrade of the energy transmission network (Electranet due to commence construction in 2020) and is progressing various energy generation projects across the region – however the planned transmission upgrade will be at maximum capacity when completed and therefore requires greater capacity than is planned Competitive Export Pathways for Primary Industries which is a catch‐all for the ports of Thevenard, Port Lincoln, Lucky Bay, Whyalla, approved port at Cape Hardy together with bulk handling, storage and transport network efficiencies, including road & rail, for agriculture, mining and processing – this catch‐all represents many projects that drives efficiency, enhances global competitiveness and collectively exceeds $1bn, ranging from maintenance and enhancement of existing assets (i.e. dredging Thevenard) to building new Infrastructure (i.e. Cape Hardy Port and connection to national rail grid) Early high level master planning, identification of key stakeholders, location & land acquisition and potential partners for a multi experience International Resort. -
REST Industry Super - Proxy Voting Behaviours
REST Industry Super - Proxy Voting Behaviours 1 July 2014 to 30 June 2015 This document provides a consolidated summary of voting decisions by REST's Investment Managers on resolutions proposed by Australian listed companies The voting decisions pertain to companies that REST's Investment Managers have made an investment on behalf of the Fund over the stated period: 1 July 2014 to 30 June 2015. Selected Groups QRXPHARMA LTD, SYDNEY NSW Security: Q7908S108 Meeting Type: Ordinary General Meeting Ticker: Meeting Date: 09-Jul-2014 ISIN AU000000QRX5 Vote Deadline Date: 03-Jul-2014 Item Proposal For Against Abstain Take No Action 1 PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: REMOVAL OF DIRECTOR - DR PETER FARRELL 100% 0% 0% 0% 2 PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: REMOVAL OF DIRECTOR - DR GARY PACE 100% 0% 0% 0% 3 PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: APPOINTMENT OF DIRECTOR - DR RICHARD TREAGUS 100% 0% 0% 0% 4 PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: APPOINTMENT OF DIRECTOR - MR BRUCE HANCOX 100% 0% 0% 0% CSR LTD Security: Q30297115 Meeting Type: Annual General Meeting Ticker: Meeting Date: 10-Jul-2014 ISIN AU000000CSR5 Vote Deadline Date: 04-Jul-2014 Item Proposal For Against Abstain Take No Action 2 RE-ELECT KATHLEEN CONLON AS A DIRECTOR 100% 0% 0% 0% 3 ELECT MATTHEW QUINN AS A DIRECTOR 100% 0% 0% 0% 4 TO ADOPT THE REMUNERATION REPORT 100% 0% 0% 0% 5 TO APPROVE THE ISSUES OF 345,485 PERFORMANCE RIGHTS TO ROB SINDEL 100% 0% 0% 0% ROC OIL COMPANY LIMITED Security: -
Whyalla Investor Site Tour Presentation
21 October 2008 WHYALLA INVESTOR SITE TOUR PRESENTATION Please find attached a presentation being delivered today by Geoff Plummer, OneSteel’s Managing Director and CEO, and Mr Mark Parry, Executive General Manager of OneSteel Whyalla in South Australia. - End - OneSteel Limited ABN 63 004 410 833 OneSteel Head Office: Level 40, 259 George St, Sydney NSW 2000, GPO Box 536, Sydney NSW 2001, Australia Phone: +612 9239 6666 Fax: +612 9251 3042 OneSteel - Whyalla Analyst Site Tour 21 October 2008 Page 1 Analyst Visit to OneSteel Whyalla 21 October 2008 Itinerary 8.00 am - 9.30 am Welcome and Company Overview (Geoff Plummer) Whyalla Overview, Priorities & Outline itinerary (Mark Parry) 9.30 am - 1.00 pm Travel and Mine Tour 1.00 pm - 1.40 pm Lunch 1.40 pm - 2.20 pm Hummock Hill Lookout to view tip pocket, export shed, shiploader (may see a barge loading) 2.20 pm Coaster departs for airport (for those on 3pm flight) 2.30 pm - 4.20 pm Tour Filter Flux Plant and Balling Line at Pellet Plant 4.20 pm Coach travels to Whyalla airport Page 2 1 Presentations OneSteel Overview Geoff Plummer, Managing Director & CEO 4 Whyalla Operations Overview Mark Parry, Executive GM OneSteel Whyalla 13 Whyalla Mining Update Mark Parry, Executive GM OneSteel Whyalla 18 Whyalla Manufacturing Update Mark Parry, Executive GM OneSteel Whyalla 39 Page 3 OneSteel Overview Geoff Plummer, Managing Director and CEO Page 4 2 Company overview OneSteel is a fully integrated global manufacturer and distributor of steel and finished steel product. We are self sufficient in iron ore and partially sufficient in scrap metal. -
Case Study: Whyalla, South Australia Industrial Decline and Rejuvenation
Globalization, Planning and Local Economic Development www.gpaled.com Case study: Whyalla, South Australia Industrial decline and rejuvenation Whyalla is a small city in South Australia located on the Eyre Peninsula near the head of Spencer Gulf, 237 kilometres from Adelaide by air and 396 kilometres by road. At the 2016 Census the city had 20,114 persons, with the population falling since the mid-1970s when 33,000 persons lived there. At the 1996 Census, for example, the city had a population of 23,644 and the slow, and apparently irreversible, decline in population over four decades has been a constant feature of the city and its economy. At the 2016 Census the Aboriginal and Torres Strait Islander population numbered just over 1,000 persons or five per cent of the population, and this group had doubled in number over the past two decades. Whyalla was born as an industrial town. It was established in 1901 (as Hummock Hill) as a shipping port for iron ore from the mine at nearby Iron Knob. Broken Hill Pty Ltd (BHP) opened a blast furnace for the production of iron and steel in 1941, and also began building naval ships. In 1944 a new water pipeline was completed, removing a major constraint on industrial and population growth. By 1968, BHP had opened an integrated steel works and the population was growing at 3,000 persons per year, many of them migrants from Europe. BHP’s workforce in steel production and shipbuilding reached nearly 7,000 in 1970. However, the shipyards closed in 1978, bringing several decades of remarkable growth to an end. -
People Report
Welcome This report is for BlueScope’s people, wherever you are across our 17,000-strong global workforce in more than 100 manufacturing plants in 17 countries. It acknowledges your valuable contribution to the Company’s performance, and to building a profitable future. At BlueScope, we value people who are practical and forward- looking; people who put safety first, and who care about the communities in which they work. In short, BlueScope business people with an interest in the long-term strength of the Company. Contents Safety 04 Living our Bond 10 Our shareholders are our foundations 12 Our customers are our partners 16 Our people are our strength 22 Our communities are our homes 34 This report is for our people Yes. You. The world's changing. So are we. Our transformation The transformation of our business through significant • acquisition of Orrcon, a pipe and tube manufacturer and restructuring, cost-reduction programs, prudent capital distributor, and the Fielders building products business management and strategic investments has positioned in February 2014; us for future growth. • acquisition of Arrium's OneSteel sheet and coil processing Our investment in growth and strength for the future includes: and distribution assets in April 2014; and • the ASEAN Coated Products joint venture with Nippon • acquisition of Pacific Steel Group downstream long Steel & Sumitomo Metal Corporation giving access to new products business in New Zealand in June, and the markets and technology in March 2013; construction of a billet caster and associated plant at the Glenbrook steelworks. • opening of the new $70 million Xi’an facility in Shaanxi Province central China in October 2013; The transformation journey continues, with different parts of the business launching their own programs, such as Triple A, • expansion of New Zealand iron sands exports, with further BAMBOO and Bridgespan, in line with a more customer and expansion targeted for FY2015; market-focused mindset. -
1H FY2017 Results Presentation
1H FY2017 Financial Results Presentation Paul O’Malley, Managing Director and Chief Executive Officer Charlie Elias, Chief Financial Officer 20 February 2017 BlueScope Steel Limited. ASX Code: BSL Important Notice THIS PRESENTATION IS NOT AND DOES NOT FORM PART OF ANY OFFER, INVITATION OR RECOMMENDATION IN RESPECT OF SECURITIES. ANY DECISION TO BUY OR SELL BLUESCOPE STEEL LIMITED SECURITIES OR OTHER PRODUCTS SHOULD BE MADE ONLY AFTER SEEKING APPROPRIATE FINANCIAL ADVICE. RELIANCE SHOULD NOT BE PLACED ON INFORMATION OR OPINIONS CONTAINED IN THIS PRESENTATION AND, SUBJECT ONLY TO ANY LEGAL OBLIGATION TO DO SO, BLUESCOPE STEEL DOES NOT ACCEPT ANY OBLIGATION TO CORRECT OR UPDATE THEM. THIS PRESENTATION DOES NOT TAKE INTO CONSIDERATION THE INVESTMENT OBJECTIVES, FINANCIAL SITUATION OR PARTICULAR NEEDS OF ANY PARTICULAR INVESTOR. THIS PRESENTATION CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS, WHICH CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY SUCH AS “MAY”, “WILL”, “SHOULD”, “EXPECT”, “INTEND”, “ANTICIPATE”, “ESTIMATE”, “CONTINUE”, “ASSUME” OR “FORECAST” OR THE NEGATIVE THEREOF OR COMPARABLE TERMINOLOGY. THESE FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE OUR ACTUAL RESULTS, PERFORMANCE AND ACHIEVEMENTS, OR INDUSTRY RESULTS, TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCES OR ACHIEVEMENTS, OR INDUSTRY RESULTS, EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. TO THE FULLEST EXTENT PERMITTED BY LAW, BLUESCOPE STEEL AND ITS AFFILIATES AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS, ACCEPT NO RESPONSIBILITY FOR ANY INFORMATION PROVIDED IN THIS PRESENTATION, INCLUDING ANY FORWARD LOOKING INFORMATION, AND DISCLAIM ANY LIABILITY WHATSOEVER (INCLUDING FOR NEGLIGENCE) FOR ANY LOSS HOWSOEVER ARISING FROM ANY USE OF THIS PRESENTATION OR RELIANCE ON ANYTHING CONTAINED IN OR OMITTED FROM IT OR OTHERWISE ARISING IN CONNECTION WITH THIS.