Mining

Engineering and construction contractor Clough Ltd has confirmed that Woodside Ltd has approved the initial expenditure of up to $30 million for preliminary works for the LNG jetty berth of the Pluto LNG Project.

Almost 99% of Western Australian employers intend to maintain or increase their current staff number during the first three months of 2008 according to the latest Hudson Report Employment Expectations survey released today.

Perth-based Patersons Securities Ltd is set to launch a resources-focused fund, the second product for the fledgling asset management business launched late last year.

Already home to mining giants Rio Tinto, Xstrata and Anglo Gold Ashanti, Argentina is considered to be Latin America’s next worldclass mining region, after Chile and Brazil, with its relatively underexplored but highly prospective gold and silver resourc

With very little fanfare last month, Northern Iron Ltd managed to successfully conduct the year’s biggest mining float, raising $140 million to fund the development of an iron ore mine in Norway.

Rio Tinto Ltd has reported record annual output for key commodities in its fourth quarter 2007 operations review, including a 9 per cent increase in its attributable iron ore output to 145 million tonnes in the calendar year.

VDM Group Ltd subsidiary, Wylie & Skene Pty Ltd, has won new contracts with Rio Tinto Ltd and Fortescue Metals Group Ltd in the Pilbara totalling $14.5 million.

Inspectorate International Ltd, a division of UK-based Inspicio Group, has bought Kalassay Group for $25.6 million, continuing the growing acquisition activity of the major geochemical assaying laboratories in WA.

Henderson-based Nomad building Solutions Ltd has announced today the $40 million acquisition of the construction, property management and modular building business units of Rapley Wilkinson.