Matt Mckenzie

Construction and mining services company Watpac has won a contract to provide services to Hanking Gold Mining’s Cornishman pit at its Southern Cross operation.

Nido Petroleum directors have unanimously recommended off market takeover bid by BCP Energy International, subsidiary of Thai oil refinery Bangchak, for 5.5 cents per share.

Education provider Navitas has announced a ten year agreement with Florida Atlantic University to establish a pathway program for international students on its main Boca Raton campus.

The Deflector copper-gold mine in the Mid West will be simplified and optimised, after an internal review conducted by owner Mutiny Gold.

Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.

Shares in Ausdrill and Nido Petroleum have entered a trading halt and suspension respectively; with Ausdrill stating it will announce an impairment charge.

US-based oil and gas company Apache Corporation has admitted it intends to completely exit liquefied natural gas projects, including its 13 per cent interest in Chevron’s Wheatstone project.

Drilling company Swick Mining Services has announced it should beat its downgraded guidance for the year in its quarterly update today.

The Abbott government has published the long-awaited Forrest Review of Indigenous jobs and training, with wide ranging recommendations including a healthy welfare card.

Cape Lambert has reached a settlement with the Australian Tax Office regarding its $96 million tax dispute, agreeing to make a final net payment of $2.4 million.

Rubber recycler and manufacturer Reclaim Industries has announced a new board appointment and the successful completion of a $1 million placement.

After seven years at the helm of Troy Resources, managing director Paul Benson is leaving the company today following his announcement in late April.

Gold miner St Barbara might sell its Gold Ridge operations in the Solomon Islands, where production has been suspended since 3 April due to Tropical Cyclone Ita’s torrential rain and flooding.

BCP Energy International has announced it will acquire over 400 million shares in oil and gas explorer Nido Petroleum from Abu Dhabi’s Petroleum International Investment Corporation (Ipic).

The Western Australian economy will return to average growth levels over the coming two financial years as the resources investment boom fades, according to Chamber of Commerce and Industry WA chief economist John Nicolau.

Rio Tinto has sold its Rio Tinto Coal Mozambique subsidiary, including the major assets acquired in its $3.9 billion purchase of Riversdale Mining in 2011, for just $US50 million.

Perth based junior airline Cobham Aviation Services has been awarded a contract to provide fly-in, fly-out services to two Gold Fields Australia mine sites in Western Australia.

Chevron Australia has awarded a five-year contract for the supply of hire equipment services to Coates Hire West.

Work has started on the $207 million Karratha Health Campus, with Downer EDI today beginning a $15.5 million earthworks program.

Valmec Australia, formerly known as MCore Services and Marsh Civil, has secured contracts worth $10.5 million through its gas and multi-discipline divisions across a number of WA based industries including land infrastructure, engineering services and civil works.

Gold and mineral explorer Renaissance Minerals has completed a $6 million equity placement to fund acceleration of exploration and drilling activity at its fully owned Cambodian gold project.

Perth-based marine and coastal environmental specialist BMT Oceanica has been selected to provide ocean outlet monitoring services for the Water Corporation.

Poseidon Nickel has released its June quarter update, after acquiring the Black Swan project from Norilsk for $1.5 million.

A Perth tech start-up is launching a new web platform it hopes will simplify the process of delivering public presentations.

Owners of graphite stocks have enjoyed strong returns during the past year on the back of demand for the mineral’s use in lithium ion batteries, however it is the potential to tap new markets that has some in the sector even more excited.

Gold producers Resolute Mining and Troy Resources have released their quarterly activities reports for the June quarter, with Troy’s share price falling more than 22 per cent on the results.

Shares in former Perth-based company IMX Resources have more than doubled today, as the company has announced a significant graphite deposit at its Nachingwea property in Tanzania, with a graphitic unit up to 500 metres wide and more than 10 kilometres long.

Formerly Perth-based IMX Resources has announced a significant graphite deposit at its Nachingwea property in Tanzania, with a graphitic unit up to 500 metres wide and more than 10 kilometres long.

Alicanto Minerals has today announced it has received firm commitments for a placement of 10 million shares to raise $1.5 million, and will be offering an additional $300,000 share purchase plan to eligible shareholders.

Perth based copper explorer Avanco Resources has finalised a deal with global resources funds management giant BlackRock, which will provide $US12 million to fund development of the Antas North site in Brazil.

Gold and copper explorer Silver Lake Resources has reached agreement with Newcrest Mining for acquisition of its share of the Mount Monger joint venture for around $1.5 million.

The federal government has today released draft reforms to its employment services model, including changes to work for the dole and $5.1 billion of spending over three years to deliver the programs.