Valmec has secured $25 million worth of construction contracts, including at Mineral Resources’ Wodgina project, while fellow local contractor Weststar Industrial was awarded a $4 million contract at Rio Tinto’s West Angelas mine near Newman.
Subcontractors WA chair Louise Stewart has welcomed the state government’s decision to expand the use of project bank accounts (PBAs) to protect subcontractors, but is pushing for the introduction of legally binding statutory trusts.
Nuheara has tapped investors for $5 million to primarily fund an increase in inventory levels and marketing for its IQbuds Boost hearing bud, after winning a contract to supply the UK’s National Health Service with the product.
Oil prices jumped nearly four per cent after the United States and China agreed to a 90-day truce in a trade dispute and Canada's Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.
Gold gained one per cent overnight, hitting its highest in more than three weeks, boosted by a sell-off in the dollar after the United States and China called a truce on fresh trade tariffs for 90 days.
Perth-based commercial cleaning company Delron Cleaning has agreed to ongoing scrutiny of its workplace arrangements by the Fair Work Ombudsman after it was found to have underpaid staff more than $447,000.
Verdant Minerals has entered into a non-binding agreement for a $160 million debt facility from the Northern Australia Infrastructure Fund, adding to a string of mining projects in recent months to reach a funding agreement with the fund.
The developer behind a long-running bid to build a 24-hour Puma service station in Dunsborough faces an uphill battle to get the project approved, after Western Australia’s Court of Appeal overturned a Supreme Court ruling that gave it the go-ahead last year.