Fraser Beattie

Subiaco-based SRG has won a $6.3 million contract to provide construction work on an irrigation dam in Queensland.

Sandalwood producer TFS Corporation has confirmed a $65 million capital raising to buy-out plantations owned by managed investment schemes.

About 54 local jobs will be axed when RCR Tomlinson shuts down 14 operations across the country, with the company seeking to significantly reduce its exposure to the depressed coal market.

The resignation of Talisman Mining's managing director and the appointment of a new chief executive at Tiger Resources are among the recent board changes at four local junior miners.

Local shipbuilder Austal has received an order from the US Navy for construction of an 11th littoral combat ship, with the deal worth up to $US564 million ($A735 million).

Metals X has acquired Kidman Resources’ Gunga gold project near Kalgoorlie in a deal worth up to $2.5 million.

Alcoa of Australia has agreed to sell its stake in DBP, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group for $205 million.

The chairman of Frankland River Olive Company looks set to wholly acquire and privatise the business, after Paul Letari increased his shareholding to over 90 per cent.

The hotel industry expects up to a quarter of Perth’s hotel rooms to be filled by delegates attending next month’s LNG18 conference, though the number of people attending and the flow-on economic benefits to the state remain unclear.