Osborne Park-based planning services company Veris has been awarded a contract with Cross Yarra Partnership for up to $100 million across 10 years to deliver early survey works for the Metro Tunnel Project in Victoria.
Perth-based Pindan Capital has acquired an office in North Sydney for an undisclosed sum through a joint venture with global investment firm Starwood Capital Group and Sydney company Arrow Property Investments.
BHP Billiton will remain a member of the Minerals Council of Australia for now but has decided to exit the World Coal Association over differences in climate and energy policy.
Australian shares are higher this morning, with all sectors in positive territory and oil and iron ore companies particularly firmer following strong overnight leads and strengthening commodity prices.
Gold has edged higher as uncertainty over US tax legislation weighed on the US dollar, while an analyst said bullion might face renewed headwinds early next year. Platinum rose 2 per cent as investors recovered short positions.
ASX-listed AnaeCo has gone into administration after Monadelphous Group terminated an $11.5 million contract with the waste technology company and a Chinese enterprise.
Catholic Education Western Australia has modified its delivery strategy for the ambitious ICT project it has created in collaboration with Microsoft, with local firm Empired wining work under a new fixed-price contracting model.
Mining contractor Macmahon Holdings has announced that Giles Everist is moving from a non-executive director role to become the company's chief financial officer.
Sydney-based Spring Financial Group has announced it will acquire Perth-based financial planning firm Wealth Today, led by managing director Greg Pennells, for $1.67 million.
The Australian share market has closed in positive territory, with further takeover activity and a strong day for miners and banks driving the market to fresh post-GFC highs.
Volt Power Group has announced it will purchase a stake in two Western Australian mining services businesses for more than $6 million, while also raising $4.75 million through a share placement.
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The number of workers on big projects in Western Australia is likely to stabilise at just one quarter of the peak level recorded during the mining construction boom, and that's only if planned projects get approved, a new study has found.
Aspiring gold miner KIN Mining has tapped investors for $10 million as the company increases exploration work at its Leonora project in the Goldfields region.
MMA Offshore major shareholder Halom Investments has withdrawn its annual meeting resolution to remove the oil and gas company's managing director Jeff Weber one day before the meeting.
Rio Tinto will increase the number of unmanned autonomous haul trucks it uses in the Pilbara by more than 50 per cent as part of a $500 million productivity drive in its iron ore business.
Australian shares have climbed higher in early trade as gains in commodities markets and a strong close on Wall Street on Friday boost local sentiment.
Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing US output and weak gasoline demand kept a lid on gains.
Gold prices clung to earlier gains and were poised for their first weekly gain in four weeks on Friday, withstanding pressure from strong equities markets on continued support from this week's interest rate rise by the Federal Reserve.
Quintis chairman Dalton Gooding has come under fire from company founder and former chief executive Frank Wilson and other shareholders at a heated annual meeting today.
Nova 937 chief Gary Roberts has been in radio all his life, with his many industry achievements including launching two successful radio stations in Perth – 22 years apart.
