Tim Fettis

iiNet sells fibre network to NBN

iiNet has reached an agreement to sell its TransACT fibre-to-the-premises (FTTP) network to NBN Co for $9 million.

Adcorp retains WA govt account

Media agency Adcorp Australia has been reappointed to the Western Australian government’s non-campaign media contract.

Hallam joins Sandfire

Copper-gold producer Sandfire Resources has appointed former Fortescue Metals Group operations director Paul Hallam as a non-executive director.

Mutiny stock soars

Shares in Perth-based Mutiny Gold have lifted after a new study doubled the strike length of its Deflector site in the Murchison region.

Facebook, Linkedin ahead of Twitter

Australian’s are increasing their social media presence and reach, according to a study on the nation’s social media habits.

Herdsman office-space to complete early

The completion date for Herdsman office development 20 Walters Drive has been brought forward to January 2014.

Norton opens $40m base-load mine

Chinese-backed miner Norton Gold Fields has opened its $40 million Enterprise base-load mine on the outskirts of Kalgoorlie.

Second half-year down for Fleetwood

Mobile accommodation provider Fleetwood Corporation has announced its second half year profits will be below expectations.

Galaxy slashes price for $47m capital raising

Embattled lithium producer Galaxy Resources has announced a deeply discounted $47 million rights issue to give the company a much needed cash injection.

Geraldton contractor expands

Geraldton-based earthmoving and mining contractor Central Earthmoving has expanded its operational capacity through the take-over of a local mulching company and the acquisition of new machinery.

$300m Karratha algae project gets EPA approval

Biofuels producer Aurora Algae’s proposal for a new commercial algae farm near Karratha has been conditionally approved by the Environmental Protection Authority (EPA).

Indigenous art back from the US

MORE than 100 pieces of indigenous art will return to Western Australia after Curtin University and New York's Colgate University signed a memorandum of agreement to return the works from the US.

UGL, Sedgeman cut earnings outlook

UGL and Sedgeman have joined the growing list of engineering and mining services companies forced to slash costs in response to a slowdown in project work.

Crusader slashes costs

Western Australian iron ore junior Crusader has announced a cost-cutting program aimed at reducing overheads in the wake of tougher market conditions.

BHP Billiton announces capital spending cuts

Mining giant BHP Billiton has said that its exploration and capital expenditure for the 2014 financial year will decline significantly to approximately $18 billion as the company looks to reduce costs

Barminco completes US$485m debt refinancing

Perth-based mining contractor Barminco has refinanced its existing debts through an issue of high-yield notes in the United States.

Bauxite in share buy-back

Perth-based explorer Bauxite Resources has announced it is buying back up to 10 per cent of its issued stock over a 12 month period.

Red 5 suspends Siana milling

Junior miner Red 5 has suspended milling operations at its Siana gold mine in the Philippines after its damaged tailings dam was deemed unrecoverable.

Noble halts Bibiani operations

West African gold miner Noble Mineral Resources has halted surface mining operations at its Bibiani project in Ghana, as it evaluates funding options for an underground development.

Monax signs agreement with FMG

South Australian junior Monax Mining has signed an agreement with Fortescue Metals Group to evaluate the potential joint venture development of a copper-gold project.

Project delays batter Coffey earnings

Shares in engineering and environmental consulting group Coffey plunged today after the company revised down its full year earnings in response to delays and cancellations of mining and infrastructure

Orinoco and Peak raise $6.1m

Junior mining stocks Orinoco Gold and Peak Resources have bolstered their coffers with capital raising that will raise a total of $6.1 million.

Charity balls light up philanthropic calendar

THE booming Western Australian economy of the past decade has fuelled a rise in philanthropic activity of all kinds in Perth.

$8m plan for healthy workplaces

The Heart Foundation has launched a government-funded scheme designed to help Western Australian businesses promote healthy lifestyles among their employees.

$8m plan for healthy workplaces

The Heart Foundation has launched a government-funded scheme designed to help Western Australian businesses promote healthy lifestyles among their employees.

388 towers for Mid West power upgrade

Progress on Western Power’s $443 million Mid West energy project is continuing after infrastructure group Downer was awarded a $175 million contract to construct a new transmission line to upgrade the

Door’s open at Stables Bar

Set back from the hustle and bustle of Hay Street, behind a gated entrance and laneway that would look at home in Melbourne, The Stables Bar is the latest addition to the CBD bar scene.

Challenge starts before Pilbara event

EVENTS industry veteran Peter Kay is little more than a month away from launching his latest venture – the 2013 Red Dog Festival, in the Pilbara – amid a host of challenges posed by a changing sponsor

Alcyone, Golden West to boost coffers

Junior explorers Alcyone Resources and Golden West Resources are looking to raise capital through discounted rights issues worth a combined $21 million.

Orbital announces Indian JV

Engine and fuel systems supplier, Orbital has signed a cooperation agreement with Indian-based UCAL Fuel Systems to develop a joint venture in Chennai, India.

Thiess wins major energy contract

Engineering services company Thiess has been awarded a $125 million contract with Western Power to upgrade and maintain its electrical distribution network in parts of Western Australia.


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Industry slams Fair Work’s new 457 role

Business groups have criticised the federal government’s latest crackdown on the 457 visa program, following today’s announcement that the Fair Work Ombudsman would be given new powers to monitor and

Coretrack and Strange in licensing dispute

Coretrack is planning to wind down its Globe Drill business after disclosing a legal dispute over its license agreement and poor performance of its GT3000 drill rig.

Barnett moves to lift Sunday trading ban

Perth shoppers may finally have the freedom of those in other capital cities, with a Sunday trading bill introduced to state parliament today.