Mark Beyer

New growth opportunities will be few and far between for mining contractors, who are under pressure to trim their rates. The irony was inescapable.

Perth companies GR Engineering and Aspen Group have announced new leadership, with GR founder Joe Ricciardo moving into a new role and Aspen recruiting a former Valad Property Group executive.

Scotland-based energy technology company Proserv has acquired specialist subsea engineering business Velocious, which was established in Perth seven years ago.

The parent company of Perth business Arccon has been placed into administration, just six days after veteran engineer Robert Wilde was elected as chairman.

Engineering firms exposed to mining are going through a tough patch but prospects are much better for those like Technip and Clough in the oil & gas sector.

Twelve months ago precision engineering firm Pressure Dynamics was proudly showcasing its new premises and looking forward to growth. It’s now in receivership.

Perth company director Neil Hamilton intends to resign from the board of Miclyn Express Offshore, after a heated dispute with the company’s two major shareholders over their governance practices.

Bhagwan Marine has been named the 2013 Business News Rising Stars award winner, capping off more than a decade of strong growth for the Geraldton-based company.

The capital strike hitting the resources sector risks doing long-term damage to the industry’s growth prospects.