Peko-Wallsend

Last updated
Peko-Wallsend
Industry Mining
Founded1961
Defunct1988

Peko-Wallsend was an Australian mining company.

History

Peko-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]

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References

  1. From Newcastle to the Moon Truck & Bus Transportation December 1965 pages 59-62
  2. Peko-W 85% of Mt Morg Canberra Times 5 January 1968 page 11
  3. History Sims Metal
  4. Peko-Wallsend wins Ranger bidding Canberra Times 19 December 1979 page 1
  5. History Toll Group
  6. A Proud History North Limited