Dan Wilkie

Poseidon Nickel has signed an agreement with a Chinese construction and engineering group and Arccon Construction to design build a nickel sulphide concentrator for its Mt Windarra nickel project.

Consolidated Minerals has urged shareholders of OM Holdings to reject its proposed dual listing on the Hong Kong Stock Exchange, and has flagged major changes to the OM Holdings board.

A TWO-SPEED market has emerged in the industrial land sector, with demand spiking for land located in Perth’s traditional industrial strongholds around Kewdale and Welshpool.

Fortescue Metals Group executive director Russell Scrimshaw has announced he will relinquish his executive duties in June, adding to the overhaul of the company's senior management ranks over the past year.

Asia Iron has become the latest Mid West iron ore player to take a major step forward, with the appointment of WorleyParsons as its project management contractor for the first stage of the Extension Hill magnetite project.

Perth-based Xceed Capital has relisted on the Australian Securities Exchange as Xceed Coal, following the completion of a $9 million capital raising.

Drilling technology firm Coretrack says its $8 million capital raising was heavily oversubscribed, resulting in the company taking an extra $2 million in subscriptions.

Exploration firm Raisama has relisted on the Australian Securities Exchange after the successful completion of its acquisition of Peak Oil & Gas.

Perth-based underground mining contractor GBF Mining and Industry Services has signed an agreement with Cortona Resources to mine its Dargues Reef gold deposit in New South Wales.

Perth Airport has narrowed the field to five construction companies that will tender for the development of the airport's new terminal.

Perth-based iron ore explorer Western Desert Resources will raise up to $17 million through a share placement and rights issue for the development of its Roper Bar iron ore project in the Northern Territory.

Nickel miner Western Areas has awarded an initial three year underground mining contract for its Spotted Quoll project, near Kambalda, to Barminco Mining Contractors.

Base metals miner Azure Minerals' stocks have spiked after it announced the signing a $13 million farm-in and joint venture agreement with a state-owned Japanese corporation for its El Tocolote copper project in Mexico.

Malaga-based window furnishings firm Kresta Holdings has bounced back from Ian Trahar's failed takeover attempt by adding Kevin Eley and Jonathan Huston to its board as non-executive directors.

Former Leighton Holdings boss Wal King has joined mining services firm Ausdrill as deputy chairman and non-executive director.

The Foreign Investment Review Board has told the Australian and Singaporean stock exchanges that Treasurer Wayne Swan will reject the proposed merger of the two bourses because it is contrary to the national interest.

Bankwest has taken up one of the most prominent sponsorship positions in Western Australian sport, usurping Hungry Jack's as a major sponsor of the West Coast Eagles .

Extract Resources has put a $US1.48 billion ($A1.43 billion) price tag on its Husab uranium project in Namibia, which it says will be one of the world's three largest uranium mines.

Oil and gas giant Santos has announced a significant new gas discovery near Chevron's Gorgon project in the Carnarvon Basin.

Matrix Composites and Engineering has announced it will raise $36 million through an institutional placement and share purchase plan.

Perth-based Continental Coal has announced plans for a dual listing on London's Alternative Investment Market.

Three Western Australian businessmen have been charged with multiple counts of insider trading after an Australian Securities and Investments Commission investigation.

Residential developments in Western Australia have taken out three of nine categories at the Urban Development Institute of Australia's national awards, while WA real estate agents have scooped four national awards for excellence.

Perth-based lithium play Orocobre's stock has jumped, after the company reported a fourfold increase in resources at its Olaroz lithium-potash project in Argentina.

THE University of Western Australia will receive more than $9 million each year in state and federal incentives to build and provide affordable accommodation for up to 1,000 students.

Lynas Corporation says it has finalised financing agreements with Japanese rare earths trading house Sojitz Corporation, which will be used as the basis of a $US325 million capital raising.

Premier Colin Barnett has used Prime Minister Julia Gillard's announcement that the government would review the distribution of revenue from the goods and services tax to push his idea of a GST 'floor' of 75 cents.

Leighton Holdings subsidiary Thiess has won a $166 million contract to provide earthworks and infrastructure at BHP Billiton Iron Ore's Jimblebar mine near Newman.

Construction and contracting group DORIC has won a $92 million contract to build a workers camp at Rio Tinto and Hancock Prospecting's Hope Downs iron ore joint venture.

Prime Minister Julia Gillard has used her first day in Perth to highlight the benefits to Western Australian small businesses the National Broadband Network will bring.

Golden Rim Resources shares have risen after it announced an extensive new discovery at its Balogo gold project in Burkina Faso.

Murchison Metals says its decision to withhold from investors a capital cost estimate for its Oakajee port and rail project was justified, because any final costing of the project was "premature and should not be relied on by shareholders".