Fraser Beattie

Henderson-based construction services company Civmec plans to purchase a 21-hectare waterfront site in Indonesia from engineering group Technip, as it seeks to lower its cost base by building up its overseas operations.

Mining contractor Maca has suffered another blow to its order book, with Sinosteel Midwest Corporation announcing plans to halt operations at its Blue Hills hematite project in the Mid West after failing to gain environmental approval for an expansion.

Perth-based gold producer Troy Resources has announced its intention to delist from the Toronto Stock Exchange due to a lack of demand for its shares in the Canadian market.

Phoenix Gold will wrap up mining at its Kintore West project this month and suspend upcoming small mining projects to save money, as it shifts focus to developing its Castle Hill project near Kalgoorlie with joint venture partner Norton Gold Fields.

Perth-based oil explorer Red Emperor Resources says delays at its Georgian project have been caused by joint venture partner Range Resources, which has failed to carry out a planned drilling program.

Cedar Woods Properties has sold the Masters Home Improvement store at its Williams Landing project in Victoria to an undisclosed buyer for $36 million.

Social media company migme has received firm commitments for a $7 million capital raising, which it says was oversubscribed by $2 million.

Former mining magnate Nathan Tinkler has secured a job as an adviser to nickel explorer Rumble Resources as he steps up his return to the resources sector.

Nedlands-based gold explorer Promesa has announced plans to shift its focus to technology by acquiring social media platform and app developer Thredit.

Contractors Maca, Mineral Resources and Qube Holdings have downplayed the impact of Atlas Iron's decision to halt iron ore production over the coming month, while transport contractor McAleese Group is still evaluating the likely impact.

Woodside Petroleum has closed its $US854 million ($A1.1 billion) purchase of Apache Corporation’s interests in the Kitimat LNG project in Canada, a week after finalising the WA component of the sale.

Oil and gas company Zeta Petroleum has launched a proposal to acquire full ownership of Sydney-based Pan Pacific Petroleum by buying all the shares it doesn’t already own in the company, in a deal worth $29.4 million.

Window blinds manufacturer and retailer Kresta Holdings has backed out of its proposed $10 million acquisition of Queensland-based Franklyn Blinds Awnings Security.

Pioneer Credit has taken a 14.1 per cent stake in Kalgoorlie-based financial institution Goldfields Money for $2.3 million as the two companies make plans for a joint working relationship.

Perth Airport was given an overall ‘satisfactory’ quality of service rating by the competition watchdog, while passengers rated the airport's service quality as ‘good’.

Perth-based gold miner Minera Gold has raised $US1.55 million ($A2 million) from existing shareholders and a new investor, while also announcing a number of board changes that includes the retirement of both its chairman and chief executive.

A six-kilometre extension to the Mitchell Freeway will begin in the coming months, with Leighton Holdings awarded a $160 million contract for the construction work in Perth’s north-west corridor.

Metals X has issued a stern warning to Tanami Gold claiming it would be financially unwise to accept Northern Star Resources' bid for the Central Tanami gold project over its own proposal.

Labor has thrown its weight behind an industry compromise on the renewable energy target, but the federal government isn't budging on its lower aim.

March was slow month for new vehicle sales in Western Australia, adding to a slow quarter for the majority of the top industry players, with Nissan being one of the few exceptions.

RNI shares lost more than a fifth of their value after the company announced its financing deal with a London-based fixed interest fund had fallen through.

Shares in gold explorer Rubianna Resources skyrocketed on news it plans to exit the resources industry by acquiring a young cloud-based retail finance business.

The takeover negotiations facing mining equipment supplier Emeco Holdings got more complex today after it received a merger proposal from Queensland-based competitor Orionstone, which has also pushed for Emeco to scrap its planned purchase of truck rental company Rentco.

Investors are welcoming news that Woodside Petroleum has made a gas discovery just north of its Pluto LNG project in the Carnarvon Basin.

Gold producer Beadell Resources says a number of delays at its Tucano project in Brazil are to blame for a shortfall in gold sales for the March quarter.

The Reserve Bank of Australia has held fire once again but economists say another interest rate cut is definitely on the way.

Osborne Park-based contractor Otoc is continuing its east coast expansion plans with a proposal to buy a Queensland surveying and planning firm for a cash and share package worth up to $4.4 million.

BHP Billiton has appointed four new non-executive directors to the board of its South32 spin-off company.

Atlas Iron has launched an extensive review of its operations, finances and possible asset sale opportunities in response to steep falls in the iron ore price.

The University of Western Australia has established a new policy research centre with the Copenhagen Consensus Centre, which is headed by international climate change contrarian Bjorn Lomborg.

Financial services provider Pioneer Credit has sold $3.1 million worth of bankruptcy-comprised customer accounts if felt could not generate any further value, but none of the proceeds will be contributing to the company’s full-year profit.

BC Iron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore price.