A joint venture comprising of Al Habtoor Leighton (40%), Murray & Roberts (40%) and Takenaka (20%) has withdrawn from a $2 billion project in Dubai.
The Al Habtoor – Murray & Roberts – Takenaka Joint Venture (HMRT) and the Dubai Department of Civil Aviation (DCA) have mutually agreed that the Joint Venture will pull out of [...]

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Australian Infrastructure Fund is (AIX) planning a $60 million expansion of Darwin International Airport following strong growth over a number of years.
The redevelopment, which is designed to cater for forecast passenger growth to 2015, includes a 65% increase in terminal floor space with an improved retail precinct, two new aircraft parking bays, and additional car [...]

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Tasmanian Premier David Bartlett has re-confirmed his government’s stance on the Gunns controversial pulp mill, declaring no more public money will be spent on the Tamar Valley development.
“The pulp mill project will now stand or fall entirely on the basis of whether the company (Gunns Ltd), the proponent, and its financiers are able to bring [...]

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British-Australian mining giant BHP Billiton said on Tuesday it had agreed to buy mineral exploration and development company  Anglo Potash for $CAD284 million equivalent to $AUD300 million.
BHP Billiton is the world’s largest diversified natural resources company, with some 39,000 employees across 100 operations in over 20 countries.
Anglo’s president and CEO, Todd Montgomery said “We are [...]

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