Peko-Wallsend was an Australian mining company.
| Industry | Mining |
|---|---|
| Founded | 1961 |
| Defunct | 1988 |
History
editPeko-Wallsend was founded in 1961 when Peko Mines merged with Wallsend Investments. In 1962 Peko-Wallsend purchased Toll Transport.[1] In January 1968, Peko-Wallsend acquired a majority shareholding in the Mount Morgan Mine.[2]
In May 1979, Sims Metal was acquired.[3] In December 1979, Peko-Wallsend acquired a 25% stake in the Ranger Uranium Mine.[4]
In 1986, Toll Transport was sold in a management buyout to Paul Little and Peter Rowsthorn.[5] In 1988 Peko Wallsend was taken over by North Limited.[6]
References
edit- ^ From Newcastle to the Moon Truck & Bus Transportation December 1965 pages 59-62
- ^ Peko-W 85% of Mt Morg Canberra Times 5 January 1968 page 11
- ^ History Sims Metal
- ^ Peko-Wallsend wins Ranger bidding Canberra Times 19 December 1979 page 1
- ^ History Toll Group
- ^ A Proud History North Limited