The construction union and its militant leader Joe McDonald have been hit with their second hefty fine in one week, after being penalised for their role in unlawful industrial action at CITIC Pacific's Sino Iron project in the Pilbara.
Engineering and construction company VDM Group will look to strengthen its balance sheet through an $18.7 million capital raising, with the company's major shareholder H&H Holdings contributing $9 million to the finance boost.
Queensland-based pipeline construction company Murphy Pipe and Civil has expanded its operations into Western Australia, opening a new Perth office in the hopes of winning further work on the state's resources projects.
CITIC Pacific says it is working hard to bring its Sino Iron project up to full production, after completing the first shipment of magnetite concentrate from the trouble-plagued development.
Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific as a senior adviser to help deal with problems at its trouble-plagued Sino Iron project.
The $10 billion tragedy of Western Australia's failed magnetite iron ore processing experiment risks becoming something worse next year, as the price is pushed down by a flood of iron ore supply an
Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific to help deal with problems at its trouble-plagued Sino Iron project.
Struggling engineering contractor VDM Group has outlined plans to diversify into procurement and mining, after an independent expert ticked off a capital raising that will transfer day-to-day contr
A PARTNERSHIP between Woodside and national arts organisation Big hART, which delivered an arts program to youth in Roebourne, was among the winners at this year's Australia Business Arts Foundatio
At the very end of an extraordinary week, a late announcement from an unlikely source – Transport Minister Troy Buswell – gave one of the few clear signals about future growth in the mining sector.
DEMAND for microfinance and business support from Many Rivers Opportunities has grown to the point where it is gearing up to open five new offices across the state in the next year.
AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state
A high level meeting of the key players in the Chinese-owned Sino Iron project in Beijing has confirmed the delay-plagued Pilbara magnetite production plant would be commissioned this July.
CITIC Pacific Mining managing director Barry Fitzgerald has resigned from the Hong Kong-listed company to take up a position with Hancock Prospecting, a week after an $US835 million cost blowout was revealed at the Sino Iron project in the Pilbara.
Hong Kong-based CITIC Pacific has today revealed an $US835 million ($A933 million) cost blowout at its Sino Iron project in the Pilbara due to changes in the cost structure of the industry.
The board of Citic Pacific, which is developing a $6 billion iron ore project in the state, is reportedly under investigation by Hong Kong securities regulators over a trading scandal.
CITIC Pacific Mining has been given the green light to submit proposals for a 70 million tonne operation for its Sino iron ore project in the Pilbara following the passing of amendments to its state agreement act.
The development of Citic Pacific's $6 billion Sino Iron project in Western Australia is not expected to be impacted by the company's near $3 billion loss on the Australian currency, a spokesperson said.
To an outsider a $US1 billion blow-out in project costs seems horrific, but to Chinese-based conglomerate CITIC Pacific Ltd the rising expenses are far outweighed by the huge jump in commodity prices
South Perth-based iron ore company Aztec Resources Ltd has signed a sales contract with one of its shareholders, China-based CITIC Australia Commodity Trading Ltd.
