Labyrinth Resources told the market on Monday it had elected to sell its two Canadian projects - Labyrinth and Denain - for $US3.5million ($A4.82 million) to Gold Projects WA.
Our weekly appointments wrap includes Dean Nalder, Mark Couzens, Andrew Woodley-Page, Them Lam, Chris Slater, Andrew Young, Terry Enright, Mike Erickson, Ross Love, David Lock, Karl Paganin and Derek Parkin.
One of WA's most senior mining executives, former AngloGold Ashanti boss Mike Erickson, has taken on a senior corporate advisory role at Indigenous contractor Carey Group.
One of Western Australia's largest indigenous contractors and a major privately-owned engineering firm have established a joint venture targeting work with tier-one miners.
The state government has selected Indigenous business CareyMC to complete upgrades at Two Rocks Marina, while BMD Constructions has been appointed to a project in the Wheatbelt.
UK-based contractor Laing O'Rourke has won two infrastructure projects collectively worth more than $600 million – a major upgrade to Great Eastern Highway and replacement of the Fremantle traffic bridge.
Six preferred bidders have been announced for three Metronet projects, including consortiums led by Downer EDI and Laing O'Rourke for the $481 million Byford rail extension.
ASX-listed Dynamic Drill and Blast has secured work on gold and iron ore projects in Western Australia under two subcontracts, with Pilbara Resource Group and Carey Mining.
More than 200 contracts were awarded by the state government to Aboriginal-owned businesses this past financial year, with four entities earning more than half the value.
Prominent Aboriginal mining executive Daniel Tucker has resigned from the company he founded after it scrapped a deal with Fortescue Metals Group in favour of working with Mineral Resources.
Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.
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.
Spanish engineering giant ACCIONA is continuing to challenge CPB Contractors' dominance of the Western Australian infrastructure market, with the two groups heading competing consortia for the Bunbury Outer Ring Road.
Western Australian indigenous business Carey Training has been awarded a $2.5 million training contract with the Malaysian Institute of Technology Academy based in Kuala Lumpur for the next three years.
Australia is a step closer to its first Aboriginal-owned and operated iron ore mine, after a deal sealed today between Fortescue Metals Group and Australian Aboriginal Mining Corporation.
Daniel Tucker's Carey Mining has emerged as a key backer of a proposed new Pilbara iron ore mine, which has been given the green light by the Environmental Protection Authority.
Facing a slowdown in mining-related construction work, indigenous contractors are diversifying into new fields, establishing joint ventures and highlighting their Aboriginal credentials. Click through to also see our BNiQ list of 25 major indigenous contractors in WA.
Indigenous businesses are building capacity through joint ventures and are growing on the back of multi-billion dollar contracts from big mining companies.
INDIGENOUS contractor Carey Mining has taken another step towards diversifying its business by establishing a new jointly owned company focused on solar power installations in regional areas.
The rapid expansion of the WA mining industry over the past decade has mostly been good news for mining contractors, but the benefits have not always come as expected.
PERTH-based Carey Mining, an indigenous owned and managed mining and civil contractor, was a finalist in two categories of the 2004 Corporate Leaders for Indigenous Employment Awards.
