Downer expects to report a full-year statutory net loss of $150 million-$160 million after recognising charges worth $386 million on account of goodwill impairment, restructuring and portfolio review costs.
Construction and engineering company SRG Global has signed its third $25 million contract in recent weeks, this time with ammonia plant operator Yara Pilbara.
Four builders including Multiplex and Lendlease have been shortlisted to complete major works under the $257 million expansion of Joondalup Health Campus, which will include new beds and operating theatres.
The state government will invest $11.6 million into critical infrastructure upgrades at Geraldton Port, as part of Western Australia’s wider post-COVID economic recovery.
Engineering contractor Downer has been awarded contracts worth $420 million to maintain roads in South Australia's Metropolitan Zone and Regional North Zone.
ADCO Constructions has secured further work with the state government, this time to complete the $61.4 million redevelopment of the Newman Health Services centre.
Mining contractor Dynamic Drill and Blast says it will use funds raised from a $5 million initial public offering to tackle a strong tendering pipeline and potentially grow the business in Western Australia’s civil sector.
Infrastructure WA chairman John Langoulant has identified the needs of the state’s regions and opportunities for private finance as two of the biggest challenges facing the advisory group.
The widening of parts of Bussell Higway will proceed this year after the project secured funding from the federal and state governments, which also announced new funding agreements and contracts for regional roads and Metronet projects over the weekend.
GR Engineering Services has received a letter of intent from Silver Lake Resources to complete $23 million in upgrade works at the Deflector gold-copper operation in Western Australia.
The state government has outlined details for removing six level crossings between Victoria Park and Beckenham, as part of a multi-million dollar project to improve safety and ease traffic congestion along the Armadale Line.
The state government is poised to reveal its $4 billion plan for a new port at Kwinana as it seeks to ramp-up infrastructure projects to help kickstart the state’s economic recovery from COVID-19.
Plans to build a $32.5 million soccer centre in Queens Park are under way, with the project jointly funded by the state and federal governments, while Western Australian sports associations will benefit from a revised infrastructure funding model.
A report backed by the Pilbara’s big miners has found that iron ore exports are expected to grow modestly over the coming decade, well below the extra port capacity the miners themselves are seekin
Primero Group will complete further work on Rio Tinto’s Koodaideri iron ore project in the Pilbara under a new $20 million contract to build an airport terminal and associated infrastructure.
Network operator Western Power has been handed down a $75,000 penalty after being found guilty of causing dangerous electricity levels to three homes in Yokine.
Contractor Georgiou Group will build a $25 million pipeline for the long-term supply of water into Denmark, while ADCO Constructions has secured an $8.8 million contract for early redevelopment works at the Geraldton Health Campus.
Broadspectrum has secured a $117 million contract for work on maritime facilities along the Western Australian coast, as part of a wider state government initiative to support small businesses.
Upgrades to the emergency department at Peel Health Campus will resume later this month, with the works awarded to Canning Vale-based contractor Devlyn Construction.
Shares in Decmil dropped by more than 50 per cent today after the engineering and construction company completed a heavily discounted rights issue, which is part of a broader $50 million capital raising plan.
Henderson-based shipbuilder Austal has raised its full-year revenue guidance by $100 million, saying the coronavirus pandemic has had minimal impact on its operations over the past two months.
Veris’s technology and communications business has secured new work with BHP and Oz Minerals, as well as a contract with Cubic Defence Australia, totalling $4.3 million.
A joint venture between Carey Mining and Central Earthmoving has secured sealing works on Great Central Road under a $20 million contract, with the project jointly funded by the state and federal governments.
Architecture firm Hassell has secured design works on new arts facilities at Bob Hawke College, which are set to double student capacity, while Devlyn Constructions has started work on new facilities at Belmont City College.
Shares in NRW Holdings rose by more than 30 per cent today after the Perth-based contractor foreshadowed strong full-year earnings and brought forward its $10.7 million interim payout to next month
Local company EMCO Building has been awarded the build contract at South Regional TAFE’s new $18.34 million Esperance campus, under a deal with the state government.
