Fraser Beattie

CBH Group has withdrawn its proposal to the Australian Competition and Consumer Commission to offer long-term agreements with exporters on port capacity.

Building company Pindan Contracting has begun work on redeveloping both the Carnarvon Health Campus and Exmouth Health Service, under contracts worth a combined $34.9 million.

Engineering and maintenance firm WorleyParsons has acquired US-based hydrocarbons management consultancy MTG for an undisclosed sum.

Mining services company Ausdrill may be $8 million out-of-pocket after Western Desert Resources announced it had fallen into the hands of administrators on Friday.

Fremantle-based Mermaid Marine Australia has been awarded a contract from an undisclosed party for the operation and management of the accommodation vessel Silja Europa for an undisclosed amount.

Transport Minister Dean Nalder and Regional Development Minister Terry Redman have unveiled plans to replace Denham’s century-old town jetty with a new $2.2 million structure.

Graphite explorer Uranex has signed a memorandum of understanding for an off-take agreement with the China-based Sinosteel Liaoning and Dalian InterContinental New Materials Corporation joint venture.

Engineering and project services firm Clough says its AMEC joint venture has been awarded a $70 million contract for Arrow Energy’s Bowen gas project in Queensland.

Ausdrill managing director Ron Sayers has been discharged from the Supreme Court today after the jury failed to reach a unanimous verdict on tax evasion charges against himself and former Barminco boss Peter Bartlett – for the second time.

Perth-based coal miner Ascot Resources has received commitments from global commodity trader Gunvor Group for a $5 million equity capital investment in its $11.2 million raising.

Toronto-based design and engineering services provider WSP Global has bought Balfour Beatty’s New York-based professional services subsidiary, Parsons Brinkerhoff, for $1.45 billion.

Perth Internet provider iiNet has acquired a 60 per cent stake in New South Wales-based technology firm Tech2 Group for an undisclosed amount.

Engineering and project services firm Clough has acquired Scotland-based engineering company Booth Welsh for $16 million.

Leading mining lawyer Michael Blakiston has criticised Premier Colin Barnett's comments urging African mining leaders not to be intimidated by global mining companies and to ensure their citizens received a fair return for their resource exploitation.

Paladin Energy has backed its decision to place its Kayelekera uranium plant on care and maintenance in February and says the market fundamentals needed to restore it to economic production are now heading in the right direction.

Perth-based boutique investment firm NWQ Capital Management has reached the top of the ranks in risk-adjusted performance for its hedge fund, which invests in hedge-fund products in the Asia-Pacific.

Bankwest today launched its new charity, which will raise funds for community initiatives, as well as a scholarship program that aims to better the lives of Western Australians, and has pledged $1 million per year to the charity for five years.

Consumer confidence among Western Australian shoppers has only marginally improved in the last quarter, a Curtin Business School Chamber of Commerce and Industry WA survey of consumer confidence says.

Perth-based Marine safety equipment developer Mobilarm has signed a $1.8 million rental contract for the supply of the new sMRT V100 beacon and sMRT life jacket to the international fleet of geoscience organisation Polarcus DMCC.

Energia Minerals’ shares have jumped by nearly 30 per cent on the news that Euroz Securities and new investors had completed due diligence on its Gorno zinc project and confirmed that they would proceed with the $8.15 million funding package, which was announced last week.

Perth explorer Buxton Resources has made plans to raise $2.6 million to fund drilling at its Yalbra graphite project in Western Australia, along Oaktree North and Zanthus Ni-Cu projects in the Fraser Range.

Shares in Poseidon Nickel have surged after it announced it had agreed to buy Norilsk Nickel’s Lake Johnston nickel project, located west of Norseman, for an undisclosed amount.

Iron ore explorer Sundance Resources says it has raised $40 million through a subscription for its convertible notes and options by resources investor Gennadiy Bogolyubov.

Roger Hussey has been appointed as inaugural chair of the board for the soon-to-be established Southern Ports Authority, along with Neema Premji who will serve as deputy chair.

Shares in oil and gas explorer AWE have bounced by more than 3 per cent on news it has made a significant gas discovery in the Perth basin.

West Africa-focused explorer Minbos Resources has appointed former Aviva Corporation head Lindsay Reed as its new chief executive officer.

Engineering firm Downer EDI has won a construction contract worth up to $170 million at the Chevron-operated Gorgon gas project on Barrow Island off the north-west coast of Western Australia.

Shares in Kresta Holdings slumped today after its major shareholder, China-based Aplus, announced that it had fallen short of its required 90 per cent threshold for compulsory acquisition.

Gold Miner Troy Resources has appointed former Singapore-based Sakari Resources head Martin Purvis as its new chief executive officer, after managing director Paul Benson left the company in July.

Subiaco-based Mission NewEnergy has sold its Kuantan Port biodiesel refinery for $24 million to a newly formed joint venture company in which it will retain a 20 per cent stake.

Welshpool contractor MACA says it will raise up to $58.5 million through the placement of 30 million shares.

Shares in Perth explorer Empire Oil & Gas have surged after the company said it would buy ERM Power’s Western Australian gas assets for $16.3 million.