Fraser Beattie

Engineering and construction contractor Decmil Group has been awarded a $106 million extension on its work at the Manus Island offshore processing facility in Papua New Guinea.

Carnegie Wave Energy chief executive officer Michael Ottaviano and Northern Star Resources boss Bill Beament were among the winners of the EY Entrepreneur of the Year western region awards.

Iluka Resources says it will continue cutting production until conditions improve and blamed lower prices for a fall in first half net profit by two thirds.

Wealth management firm Yellow Brick Road Holdings said its business is booming in Western Australia, with six additional branches emerging since the opening of its first Perth office three years ago.

If key areas of reform were implemented in Western Australia then the state’s economy could double in size in the next 20 years, according to the Chamber of Commerce and Industry WA’s latest report.

Pilbara iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the site.

Emeco Holdings has reported a net loss of $21.6 million, down from a $28.5 million profit last year, following a series of downgrades and write-downs on the back of a slowdown in the mining sector.

An improving housing market has helped Mirvac Group to triple its full-year profit, with the property group expecting to grow its earnings further over the next 12 months.

Shipbuilder Austal has sold one of its ships, a 102 metre trimaran stock vessel, to Condor Ferries for $61.5 million.

Diversified industrial group Schaffer Corporation has posted an 18 per cent full-year profit reduction on the back of a goodwill write-down and proceeds of an insurance claim.

Perth civil engineering firm Macmahon Holdings is back in the black with $30.4 million full-year profit and $1 billion in revenue.

Wesfarmers will give an extra $1.1 billion back to shareholders after lifting its full year profit 19 per cent.

Woodside Petroleum has increased half-year net profit by 27 per cent and says it is confident about gas demand despite a large number of new projects coming online.

Belmont-based event production and management services provider Corporate Theatre Productions has been sold to Presentation Technology for an undisclosed amount.

Perth-headquartered international oil and gas services firm ASCO Group has officially opened a $110 million supply base facility at Darwin Port.

Copper explorer India Resources has signed a placement agreement with Resource Capital Funds for the issue of up to 200 million shares to raise up to $1.6 million.

Balcatta-based Sirius Resources has been granted a mining lease by the Department of Mines and Petroleum for its proposed Nova nickel project near Balladonia.

Engineering contractor Monadelphous Group has announced a 6.3 per cent fall in full-year profit to $146.5 million on softening activity in the mining and minerals sector.

Construction contractor Brierty has announced a full-year profit of $9.9 million, a 3 per cent fall from $10.2 million last year, after meeting revenue expectations of $251.1 million.

Virgin Australia today announced it would reduce its scheduled flights between Perth and Albany, and Perth and Esperance, from three to two each weekday.

Atlas Pearls and Perfumes has announced a collaboration with Australian and French music icon Tina Arena.

Perth-based mining equipment supplier Emeco Holdings has secured an agreement with Chilean mining contractor Fe Grande, which is expected to generate between $27 million and $32 million in revenue per year.

The Environmental Protection Authority has given conditional approval to Northern Minerals for its Browns Range project, located 160 kilometres south-east of Halls Creek.

West Perth explorer Azure Minerals has entered into a joint venture agreement with Kennecott Exploration, part of mining giant Rio Tinto, to explore for copper at its Promontorio project in Mexico.

Auminco Mines has signed a memorandum of understanding with Mongolian cement manufacturer Khutul Cement and Lime for the supply of coal from its Berkh Uul coal project.

Tourism Western Australia has announced a partnership with cummings&partners as its new strategic marketing and communications agency.

Building firm Watpac has won a contract for the construction of a velodrome in Brisbane for the 2018 Commonwealth Games.

UnionsWA has said that the latest figures released by the Australian Bureau of Statistics has shown that women in Western Australia continue to be paid a far less amount on average than men.

Mid-tier iron ore miner Mineral Resources has increased its full-year net profit by 28 per cent to $231 million, with the help of a 93 per cent increase in iron ore export volumes.

Stonehenge Metals has entered into an agreement to acquire a Protean Energy subsidiary for a cash and share package worth about $1.34 million, to gain access to Protean’s wave energy converter technology.

Former Kogi Iron and Galaxy Resources boss Iggy Tan has been appointed managing director of Australia Minerals and Mining Group, as the company moves to commercialise its High Purity Alumina project in the south-west.

Perth-based Handley Surveys has been given a $25 million two-year extension to its contract with Bechtel for surveying services to the Chevron-operated Wheatstone project.