CIMIC Group subsidiary UGL has secured services contracts for its clients in the mining sector, including work at two of Alcoa of Australia's WA sites.
The Australian share market has smashed through the 7,100 mark, resuming its record-breaking trajectory as some traders were apparently caught in a short squeeze.
Shares in St Barbara eased today after the company downgraded production forecasts at two of its goldmines, while fellow miner Regis Resources reported a strong quarterly result.
Perth company Georgiou Group has started upgrade works on High Street in Fremantle, as part of a $118 million state and federal government project designed to improve safety and reduce congestion.
Perth's office market is continuing its recovery, with vacancies falling for the fifth consecutive quarter and the city recording the second-highest office takeup of any Australian city in 2019.
Indian state-owned corporation NMDC recently lifted its stake in local mining hopeful Legacy Iron Ore to more than 90 per cent in a deal that minor shareholders say dramatically diluted their equity, with regulators powerless to take action.
Water Corporation chairman Mike Hollett has tendered his resignation, citing business and family interests, just two months after being reappointed to the role. Deputy chair David Lock will act in the role until a permanent chair is appointed.
Civil and mining contractor MACA has secured another contract with First Quantum Minerals, worth $20 million, and further contracts with VicRoads totalling $19.5 million, while also announcing the closure of its Brazil operations.
Western Australia faces a major challenge because of the declining influence of the traditional news media, according to one of the state's top advertising executives.
Australian shares have shrugged off a pullback to open higher again despite global markets reacting negatively overnight to news of a potential epidemic.
Oil prices fell overnight on expectations a well-supplied global market, including supplies from growing record US production, would be able to absorb disruptions that have cut Libya's crude production to a trickle.
Gold shed 1 per cent in volatile overnight trade as investors booked profits after prices hit a two-week high early in the session, although losses were limited by a slide in equities due to worries about a virus outbreak in China.
Resolute Mining has agreed to repay all amounts outstanding under a $US130 million loan agreement with Taurus Funds Management, which it said would be funded by an equity raising.
A private business has lodged documents with the environmental regulator for a new bauxite mine in the Kimberley, a project estimated to be worth around $35 million.
A series of large-scale residential and commercial projects are expected to get under way in Perth this year with a development pipeline nearing $2 billion in value.
First Quantum Minerals has reached a new milestone as it moves closer to re-opening its Ravensthorpe nickel project, while fellow nickel miner Western Areas has signed new offtake contracts with BHP and Jinchuan.
Technology company Track'em has secured a 12-month contract with Downer, which will use its cloud-based software for operations on an LNG asset in Western Australia.
The state government has awarded Bocol Constructions and MACA a contract to raise the height of the Hay Street traffic bridge, a project that will require the closure of Mitchell Freeway for two weekends.
The state and federal governments today announced the first details of several planned infrastructure projects on Rottnest Island, on the back of $33 million in investments for the island over the next three years.
Osborne Park-based Badge Constructions has secured a $2.9 million contract with the state government to build a new STEM building at Mount Lawley Senior High School.
BHP has detailed the rapid expansion of its recently established Operations Services subsidiary, which it says is delivering better results than the maintenance contractors it has displaced from its iron ore and coal operations.
Burch Family Wines chief executive and 40under40 winner Anthony Wilkes is making a move into beef with his appointment to Yeeda Pastoral Company, which takes effect next month.
Oil prices rose to their highest in more than a week overnight after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC member to a trickle.
Gold hit a more than one-week high overnight as buyers hedged against persistent tensions in the Middle East and impeachment proceedings against US President Donald Trump, while deficit-hit palladium's record run showed no signs of abating.
