Staff Reporters

Mineral Commodities to buy out Simto

Mineral Commodities announced it will acquire mineral sands explorer Simto Resources in a deal worth $37.5 million. The share sale agreement follows Mineral Commodities' $96 million acquisition of Cable Sands in July.

Fleetwood signs 5-year BHP contract

Transportable housing manufacturer Fleetwood Corporation has announced a five-year supply deal for BHP Billiton Iron Ore's various expansion projects throughout the Pilbara.

Desal plant wins top engineering award

The state government's seawater desalination plant near Binningup has won the top prize at the 2011 Western Australian Engineering Excellence Awards at the weekend.

Indian giant buys Hancock coal for $US1.26bn

Indian infrastructure giant GVK Group will pay Gina Rinehart's Hancock Prospecting $1.26 billion for most of the company's coal and infrastructure projects in Queensland's Galilee Basin.

Court dismisses Imdex appeal

The Federal Court has dismissed an appeal by Perth-based drilling fluids firm Imdex, regarding alleged patent infringements by Coretell Pty Ltd and Mincrest Holdings, trading as Camteq.

Diploma to build $17.6m youth housing project

Diploma Group has won a $17.6 million contract to build a mixed-use residential, retail and office project in Oxford Street, Leederville, for a joint venture between Foundation Housing, Anglicare WA and Central Institute of Technology.

NBL scores with ThinkSmart

Perth-based financial services firm ThinkSmart has signed on as a major partner of the National Basketball League. NBL chief executive Larry Sengstock said the two companies were a "natural fit".

Retailers win fight over after-school shifts

The Australian Retailers Association has applauded a Fair Work Australia decision that will allow businesses to employ school students on shifts as short as 1.5 hours. Fair Work Australia dismissed anappeal by unions, which had wanted the minimum to be three hours.

Gregson appointed new FESA chief

Western Australian Police assistant commissioner Wayne Gregson has been appointed as chief executive of the Fire and Emergency Services Authority for the next 12 months.

Rain to deliver fourth biggest winter crop

Consistent rain, especially in arid Western Australia, has buoyed hopes of a bumper winter crop for 2011/12, the federal government's commodity forecaster says.

Westpoint's Rundle receives suspended sentence

Former Westpoint chief financial officer Graeme Rundle has received a suspended 18-month jail sentence after being found guilty of making false or misleading statements with intent to obtain a financial advantage.

Peel Mining reports increase in gold reserves

Peel Mining has reported a 48 per cent increase in the resource estimate for its Apollo Hill gold project near Leonora.


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