Staff Reporters

Major works begin on Perth City Link

Planning Minister John Day has announced a $10 million works program which will deliver the Perth City Link’s first development sites and public spaces.

Galaxy signs US battery deal

Galaxy Resources has announced a technology licensing deal with US-based lithium ion battery producer K2 energy Solutions.

Chevron in talks to sell stake in Wheatstone

Japan's Tokyo Electric Power Company is in discussions with Chevron to buy into the Wheatstone liquefied natural gas project, after entering binding gas sales agreements with the international energy

Golden Group's $100m acquisitions

Perth based development company Golden Group has picked up 1,492 hectares at Whitby and Nambeelup for almost $100 million.

Alkane signs key MOU for Dubbo project

Alkane Resources has passed significant milestone in the development of its Dubbo zirconium project, after announcing a joint venture to produce zirconium oxychloride at its plant in Kwinana.

Dourado to acquire Anuman

Minerals explorer Dourado Resources has announced that its subsidiary, Abbotts Exploration, will acquire a 100 per cent interest in Anuman Holdings, which holds tenements in the same regions as Duorad

Norfolk announces contract wins

Engineering services firm Norfolk Group has announced two new resources contracts in Western Australia and Queensland worth a combined $56 million.

Abigroup to maintain Goldfields roads

The state government has awarded a $95 million road maintenance deal for the Goldfields-Esperance region to Abigroup Contractors.

Panoramic buys into Hot Chili

South America-focused explorer Hot Chili has announced an $8 million share placement to fund economic studies of its Productora copper project in Chile.

Zambezi to raise $15m for Kangaluwi

 West Perth-based explorer Zambezi Resources has announced a new finance package worth up to $15 million to finalise exploration and feasibility studies for its Kangaluwi copper project in Zambia

MacPhersons finalises Nimbus acquisition

 Aspiring Kalgoorlie-based gold miner MacPhersons Reward has confirmed it will purchase the Nimbus Silver project and its processing plant from Reed Resources in a cash and scrip deal worth appro

Downer JV finalises $285m PTA rail deal

The state government has awarded a Downer EDI-led joint venture a $285 million public transport rail maintenance services contract.

REIWA figures show extended price falls

Preliminary Real Estate Institute of Western Australia data shows Perth median home values have declined for 15 consecutive months.REIWA said median house prices fell by around 2 per cent in the June

Hunnu annouces massive resource increase

Perth based junior explorer Hunnu Coal has announced an 85 per cent increase in its resource estimate for its Tsant Uul coal project in Mongolia.

ADG surpasses own expectations

ADG Global Supply has announced a 45 per cent increase in revenue, surpassing its own internal forecasts by 21 per cent.

EC&M acquires Press Construction Group

Contracting group EC&M has announced the acquisition of Kwinana-based Press Construction Group for an undisclosed sum.

Proteus snapped up by Tetra Tech

Perth-based privately-owned engineering services company Proteus EPCM Engineers has been acquired by US-based engineering firm Tetra Tech.

Fortescue orders GE gas turbines

International energy and electronics giant GE has signed a deal with Fortescue Metals Group to provide two dual fuel gas turbines for its new 120 megawatt power facility at the Solomon iron ore mine.

African Energy to fast-track Sese

African Energy Resources has raised $15 million through a 50 cents per share placement to accelerate development of its Sese coal project in Botswana.

CCI tips growth despite low confidence

Despite ongoing uncertainty shaking confidence in the global economy, the state's Chamber of Commerce and Industry has tipped the local economy to grow by 6.25 per cent over the next year.

Feds holding workers back: Collier

Training and Workforce Development Minister Peter Collier says the federal government's visa process is holding back the ability of skilled workers to enter Western Australia.

Cost, schedule blow-out for Galaxy

Galaxy Resources shares dipped today after it revealed a $27 million cost and schedule blowout for its lithium carbonate processing plant in Jiangsu, China.

Neptune continues asset sell-off

Marine services group Neptune Marine has announced the sale of a remotely operated vessel for $US2.4 million.

Macmahon to mine Tropicana for $900m

Mining contractor Macmahon Holdings has won a ten-year, $900 million mining contract for the Tropicana gold joint venture between AngloGold Ashanti and Independence Group.

Kentz/CB&I JV wins $2.3bn Gorgon deal

Chevron has announced it has allocated a $US2.3 billion deal to a joint venture between the Australian division of international engineering group Kentz Corporation and New York-based CB&I.

Algae.Tec welcomes carbon plan

Perth-based biofuels company Algae.Tec says the introduction of a carbon price will accelerate uptake of its technology by carbon dioxide emitting industries.

Ansaldo extends Rio relationship

Rio Tinto has awarded $45 million in new railway signalling and communications contracts to international rail infrastructure group Ansaldo STS.

NRW wins $70m FMG rail works contract

NRW Holdings has announced it has won a $70 million contract for Fortescue Metals Group's main line rail duplication project in the Pilbara.

Syndicated joins Deep Yellow in JV

Syndicated Metals has announced a farm-in and joint venture agreement with Deep Yellow over four tenements adjacent to its Mount Remarkable base metals and gold project in Queensland.

Matsa secures $8.4m debt facility

Matsa Resources has announced it has reached agreement with US-based institutional investment fund SpringTree Special Opportunities Fund for an $8.6 million, 18 month finance facility.

John Holland wins detention centre deal

John Holland has won a $125 million contract to construct the Yongah Hill immigration detention centre at Northam.



Nalder stripped of finance portfolio

Dean Nalder has been stripped of his finance portfolio as part of a cabinet reshuffle after conflict of interest controversies.

Wenco wins Beenyup recycling contract

O'Connor-based engineering services company Wenco has been awarded a structural, mechanical and piping contract by the KEP Recharge Alliance for the Beenyup advanced water recycling plant in Craigie.

CEO Survey Results - the year ahead

More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.See more responses he

Pacific Energy MD resigns

Pacific Energy managing director Adam Boyd has announced plans to leave the role at the end of March next year, after more than eight years at the company.

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Gillard clings to power

Julia Gillard will remain Prime Minister after securing the support of two of the three rural Independent MPs to form government.

First farmer loses crop to GM

A WA oat and wheat grower has become the first farmer to lose his organic certification after his crop was contaminated by a neighbour's genetically modified canola crop.

Labor to oppose retail trading change

The push for extended retail trading hours in Perth is doomed to fail after the Labor opposition decided to oppose the move, joining the Nationals who also oppose change.

Kleenmaid appoints administrators

Around 150 employees of national kitchen and laundry appliance retailer Kleenmaid Group face an uncertain future as administrators are appointed to the company after the global financial crisis hits sales and margins.