Tayler Neale

Construction contractor York Civil has ceased operations, and while its joint venture partner is expected to finish work at the Matagarup Bridge, there is uncertainty around a recently won $30 million contract at Port Hedland.

The loss of iron ore haulage contracts with Cliffs Natural Resources and Mount Gibson Iron is expected to dent rail operator Aurizon’s earnings by about $50 million in the 2019 financial year.

Perth-based Velrada is set to partner with tech giant Microsoft and ASX-listed LiveTiles as part of a program to accelerate the uptake of artificial intelligence across industries such as mining, energy and financial services.

MOD Resources has increased the capacity of its planned processing plant at the T3 copper project in Botswana, while also appointing a lead engineer for the feasibility study, along with debt advisers for the project.

About 1,500 Alcoa of Australia workers are striking across the company’s Western Australian operations, with attempts to establish a new enterprise bargaining agreement with Australian Workers Union members so far failing.

Kewdale-based manufacturer Fero Group appears set to be acquired by global outifit DYWIDAG-Systems International (DSI) Group, after the competition watchdog said it would not oppose the deal.

Carnarvon Petroleum has announced another oil discovery at its Dorado-1 well in the Carnarvon Basin, with the company’s share price having more than quadrupled in the past month.

Perth-based conglomerate Wesfarmers has sold its stake in the Bengalla coal mine in NSW, continuing a major reshaping of its portfolio after the sale last year of another coal mine and the planned spin-off of its Coles business.

Property developer Tian An Australia (formerly PBD Developments) has won regulatory support to postpone the start of construction at its long-delayed Point Grey marina south of Mandurah.