Edited announcement

Quickstep raises $17.3 million

Manufacturing technology company Quickstep Holdings has struck a $17.3 million funding deal, primarily through the issue of convertible notes to US based financier La Jolla Cove Investments.

AHG confirms acquisition rumour

Automotive Holdings Group has responded to rumours that it is looking to acquire an automotive group in New South Wales by saying negotiations are underway.

Sundance Resources in $60m placement

Sundance Resources has entered into a placement agreement to raise $60m from international investors.

Sherwin Iron undertakes $8.5m placement

Sherwin Iron Limited has undertaken an $8.5 million share placement at 16 cents a share to accelerate the drilling and development of its Roper River Iron Ore Project in the Northern Territory.

WorleyParsons wins $250m Fortescue deal

WorleyParsons has won a $250 million contract with Fortescue Metals Group to provide engineering services to expand port facilities in Port Hedland.

Lowrie wins LNG construction contract

Perth-based switch room manufacturing specialist Lowrie Constructions has won its second contract on the US$15 billion PNG liquefied natural gas (LNG) project in Papua New Guinea.

Decmil recruits Sputore as new MD

Civil engineering and construction firm Decmil Australia has appointed former Leighton Holdings general manager Ray Sputore as managing director.

MACA to sign $450m Regis deal

Mining services provider MACA says it is about to sign a $450 million, eight-year deal with Regis Resources for its proposed Garden Well gold mine.

Aspen syndicate secures finance facility

Property developer Aspen Group has announced its unlisted syndicate, Aspen Parks Property Fund, has received credit approval for a $130 million debt facility with St George Bank.

Transfield/Worley JV wins NW shelf deal

Woodside Petroleum has awarded a $65 million contract at the North West Shelf to a joint venture between Transfield Services and WorleyParsons.

Mirvac launches Highland Reserve

Development giant Mirvac has unveiled its latest Western Australian residential community, the $75 million Highland Reserve at Jane Brook.

Largest wind farm now connected

The state's largest renewable energy project, located near Merredin, has passed a major milestone with Western Power completing a $20 million project to connect the wind farm to the grid.

Ramelius proceeds with 2nd gold mine

Ramelius Resources has agreed to spend $28 million to bring the Mount Magnet operation back into production, making it the company's second producing gold mine in WA.

van Onselen chief of UWA journo course

Author and political commentator Peter van Onselen will head up the University of Western Australia's new masters of international journalism course.

Logicamms appoints new board members

Engineering services company LogiCamms has appointed Peter Watson as non executive chairman and Giles Everist as a non executive director.

Nolan to head new finance department

The state government has announced Anne Nolan will head the newly established Department of Finance, a move that follows the cabinet reshuffle of last year.

New hospital contractors shortlisted

The Liberal-National Government today announced the three private sector organisations that have been shortlisted to design and build the state's $1.17billion new children's hospital, to be located at the QEII Medical Centre.

Boost for Aboriginal construction jobs

The state government has established a set of guidelines to promote and encourage Aboriginal participation in civil construction and landscaping.

Labour shortages challenge WA businesses

New research shows that more than half of WA employers believe that labour shortages and associated wage pressures are the biggest challenges to their businesses this year.

State's resources reach $91 billion

The state's resources industry has surged almost 50 per cent in value of production since 2009 reaching a record $91.6billion in 2010.

Doray tips production by late 2012

The gold explorer behind the highest grade virgin gold discovery in Australia says it expects to have the deposit in production by late in 2012.

Mining tax under attack from gold sector

The Federal Government's mining resource rent tax has come under fire from the country's gold quarter as it gathered in Perth this morning for a two day conference.

West Africa Mines lucrative for Perseus

Perth-based gold producer, Perseus Mining, has forecast a pre-tax gold earnings to around US$180 million within 12 months and rising much higher again in the following two years.

Tenders open for rural networks upgrade

The state government is calling for tenders for a $39.2 million upgrade of regional mobile telecommunications and radio networks.

CCI calls for small pay rise

The Chamber of Commerce & Industry has called for a pay rise for low paid workers of $10 to $12 per week, about one-third the claim lodged by the union movement.

Marine park draft almost ready: Burke

The federal government says it's close to releasing draft maps of where it intends to establish future marine parks in Western Australia's south west.

Bauxite finalises JV with China partner

Bauxite Resources has finalised its joint venture with China-based Yankuang Corporation, which will now proceed with planning to construct an alumina refinery in the South West.

Move to drop age limits for workers comp

The State Government has moved to abolish age-based limits on workers' compensation entitlements.

Strategic delivers 12th boat to Malaysia

Strategic Marine has announced the delivery of its twelfth vessel to Malaysia from its Singapore shipyard.

Austal appoints Bellamy as CEO

Henderson ship builder Austal has named Andrew Bellamy as its new CEO, moving him up the ranks from chief operating officer of the Australian business to the fill the void left by Bob Browning.

Power restored in CBD

Power has been restored to the parts of the CBD that experienced an outage at 9am this morning.



Unregistered builder to pay $42,500 for illegal work

Richard Jonathon Sheridan, the director of One Emperor Pty Ltd (deregistered – ASIC) trading as WOW Makeovers, has been successfully prosecuted by the Building Commissioner for registration and contractual offences he committed in relation to a $250,000 renovation of a Scarborough house between May and November 2011.

Hall & Prior proceeds with $67m development

Hall & Prior Health and Aged Care Group has today announced plans to proceed with a $67 million aged care facility in High Wycombe, due for completion in the second half of 2019.

WA venues top national awards

Two Western Australian businesses and a WA venue manager have won major titles at the Australian Hotels Association national awards for excellence, announced at the Royal Pines Resort on the Gold Coast last night. 

Alan Tough dies at 77

Local businessman Alan Tough has passed away at the age of 77.

most commented

Broadband network waste of money: iiNet

iiNet managing director Michael Malone has warned a Senate Committee that the federal government's national broadband network is doomed to be a huge monumental failure and a waste of $5 billion of taxpayers money.

Moore River project gets approval

The state government has given conditional approval for the Plunkett family's proposed residential development at Moore River, north of Perth, but has substantially scaled down the size of the project.

WA School of Mines under threat

The globally-respected Western Australian School of Mines campus in Kalgoorlie will inevitably be closed unless far reaching changes are made, some of the school's most prominent graduates have warned.

Port Bouvard lodges Gidgegannup plan

Port Bouvard has lodged its master plan for the Gidgegannup townsite with the City of Swan and the Western Australian Planning Commission following 18 months of planning and environmental investigations.