Fraser Beattie joined Business News in May 2014 and covers all of the latest mergers and acquisitions, contracts and deals, state politics and resources news online. Fraser graduated from Edith Cowan University in 2012 with a bachelor of communications degree, and majored in Journalism and broadcasting. He had a stint at a local radio station in Park City, Utah, in 2013, where he covered the latest trends in music in the US. Fraser left Business News in 2017.
Local company Bhagwan Marine has won a contract to provide its services to Quadrant Energy’s operations in the North West Shelf for an undisclosed sum.
Indigenous contractor Yurra has formed a joint venture with BGC Contracting to provide services to Rio Tinto’s rail work in Cape Lambert and Dampier, with the value of the deal undisclosed.
Northern Iron has entered into voluntary administration after its subsidiary, which operates the Sydvaranger iron project in Norway, filed for bankruptcy.
Programmed Maintenance Services has announced the retirement of one of its founders and the addition of a new director, while also outlining the new structure of the business following its acquisition of Skilled Group earlier this year.
Arafura Resources has reduced the cost of developing its Nolans rare earths project in the Northern Territory by a further $299 million, with the value of the project now standing at about $1.19 billion.
Perth tech companies Norwood Systems and rent.com.au have completed capital raisings worth a combined $9.3 million, with Norwood planning to raise a further $1.5 million to fund further marketing of its products.
Western Australia’s oldest family-owned business has won a contract to provide local inbound freight transport services for German supermarket chain Aldi, which is planning to open its first Perth stores next year.
Henderson-based engineering firm Civmec has moved to gain a foothold in the east coast defence shipbuilding industry by striking an agreement to purchase the projects division of private company Forgacs Engineering.
Wesfarmers will make about 300 national roles redundant, 45 of which are in Western Australia, as part of a restructuring of its industrial and safety division.
Investors have welcomed news that former Doric and John Holland manager Adam Harry has been named Diploma Group’s new chief operating officer and head of construction.
Perth-based Programmed Maintenance Services has flagged a $28 million impairment in its first-half result, on the back of a depressed marine services market.
A joint venture that includes Perth-based Macmahon Holdings has won a $US170 million ($A238 million) contract for work at PT Agincourt Resources’ Martabe gold project in Indonesia.
An optimisation study on Bannerman Resources’ Etango uranium project has found a 9 per cent reduction in pre-production capital costs to $US793 million ($A1.1 billion).
A joint venture between Nextgen Group and Vocus Communications is considering plans to construct a submarine telecommunications cable between Perth and Singapore.
Macmahon Holdings has won a contract at Newcrest Mining’s Telfer gold project in the Pilbara, which is expected to bring in $62 million in annual revenue.
Shares in recently listed companies Norwood Systems and ResApp Health have surged in recent weeks as investors warm to the wave of tech companies completing reverse takeovers.
Marine services company MMA Offshore has won a $50 million contract to provide services to Woodside Petroleum, but says low oil prices are placing significant pressure on market demand, with conditions unlikely to improve during the financial year.
NRW Holdings has accepted a payment of $30 million to settle its dispute with Samsung C&T over work on the Roy Hill iron ore project, despite having been awarded $35 million through adjudications under the Construction Contracts Act.
Doray Minerals has finalised a $51 million contract with GR Engineering Services for work at its Deflector gold project in the Murchison region, which is now fully funded and on-track for production by mid-2016.