News Articles

Mining 29 Sep 2021

Mount Gibson mine in doubt

Mount Gibson Iron's Shine project in the Mid West could become the fourth iron ore mine to halt operations this month after the company called a trading halt.

Mining 12 Aug 2020

Indus fined over bee sting death

Indus has been fined $60,000 and ordered to pay $6,000 in costs after one of its contractors died from a severe reaction to a bee sting.

Infrastructure 11 Oct 2018

Bocol wins Kalbarri contract

Specialist civil engineering company Bocol Constructions has been awarded a state government contract to build two 100-metre-high skywalks in Kalbarri national park.

Mining 28 Mar 2018

Watpac ponders WA sale

Watpac is considering selling its Perth-based mining division after the company announced it had recently missed out on two major contracts.

Contracts 20 Mar 2018

Watpac secures $21m highway contract

The local arm of Watpac has been awarded a $21 million contract for the construction of a bypass on the Great Northern Highway at Miling in the state's Wheatbelt region.

Deals 26 Feb 2018

BESIX to lift stake in Watpac

The single largest shareholder in Watpac has struck a deal to acquire a majority stake in the contracting and construction company, which today reported an interim loss of $1.4 million.

Contracts 17 Nov 2016

Contractors share in $35m of work

Local companies have shared in $35.6 million worth of construction and building contracts for work around the state, including the Perth-based civil and mining division of Watpac Group, which has won a $7.1 million contract for road upgrades at Kalbarri National Park.

Mining 20 Sep 2016

Currency and cost factors favour gold stocks

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.

Contracts 01 Jul 2016

Watpac wins more Ramelius work

The local arm of Watpac has won a $45 million contract extension to continue providing mining services to Ramelius Resources' Mt Magnet gold mine.

Mining 24 Jun 2016

BC Iron, Watpac settle dispute

BC Iron has announced settlement of its dispute with former contractor Watpac, with the settlement including a final payment by BC Iron and its joint venture partner Fortescue Metals Group.

Contracts 24 Mar 2016

Watpac wins Silver Lake contract

The Perth-based subsidiary of Watpac has won a $38 million contract to provide its services to Silver Lake Resources' Imperial and Majestic gold deposits south of Kalgoorlie.

Mining 23 Feb 2016

Watpac seeks $53m from BC Iron

The legal battle between BC Iron and Watpac Civil & Mining has intensified with the mining services company serving a counterclaim to the iron ore miner and its joint venture partner, now seeking about $52.8 million.

Mining 18 Feb 2016

Watpac hit hard by iron ore fall

Watpac has revealed the financial impact of a dispute with BC Iron and declining work at Pluton Resources' Cockatoo Island project, including $41.7 million worth of write-downs.

Mining 15 Feb 2016

Battle on for mining contractors

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

Mining 22 Dec 2015

Watpac, BC Iron dispute goes to court

Watpac Civil & Mining and BC Iron have flagged legal action against each other, with Watpac seeking about $12.5 million from the iron ore miner.

Mining 23 Oct 2015

BC Iron replaces Nullagine contractor

Iron ore miner BC Iron has continued its run of cost saving initiatives at its Nullagine operation by awarding a $40 million road haulage contract to QUBE Holdings.

Infrastructure 27 Aug 2015

Watpac wins $89m in contracts

Watpac Civil & Mining has been awarded $89.3 million in contracts in the gold mining and road infrastructure sectors, with the largest being with Chinese-owned company Hanking Gold Mining.

Mining 23 Jul 2015

BC Iron cuts costs but flags impairment

BC Iron has released its quarterly activities report, announcing successes in cutting costs but has foreshadowed a future impairment.

Deals 27 May 2015

Ramelius gives nod for Vivien mine

The board of gold miner Ramelius Resources has given its approval to begin mining at the company's Vivien project near Leinster, while also announcing a $10 million facility secured with the Commonwealth Bank of Australia.

Mining 11 May 2015

Watpac wins $17m Ramelius contract

Watpac Civil & Mining has won a $17 million contract to provide mining services to Ramelius Resources' Kathleen Valley gold project near Leinster.

Mining 23 Apr 2015

Viento calls in administrators

Mining services company Viento Group has gone into administration, despite having won major new contracts in the past month with iron ore miners BC Iron and Rio Tinto.

Mining 07 Apr 2015

Atlas launches major review

Atlas Iron has launched an extensive review of its operations, finances and possible asset sale opportunities in response to steep falls in the iron ore price.

Government 02 Apr 2015

BC Iron ends Watpac contract early

BC Iron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore price.

Mining 24 Mar 2015

Pluton out of receivership

The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.

Mining 27 Jan 2015

Sirius lowers Nova costs by $30m

Sirius Resources has chopped $30 million off the cost of developing its Nova nickel project after getting final prices from contractors, including Barminco, which started work at the remote site east of Norseman this week.

Mining 14 Jan 2015

Kerman starts $23m Nova job

Kerman Contracting will begin building accommodation facilities at Sirius Resources' Nova nickel project near Norseman, two months after being named the preferred contractor for the $23 million job.

Mining 07 Jan 2015

Hanking Gold plans 100,000oz production

Western Australia's newest gold producer, Hanking Gold Mining, expects to lift production to 100,000 ounces in 2015 after approving development of a new underground mine in partnership with local company Pit N Portal Group.

Mining 19 Dec 2014

Big investors back new mines

There are not many mining projects on the cards for WA, but there are still opportunities in the sector for engineers and contractors.

Mining 02 Dec 2014

New hope in Pluton saga

Iron ore miner Pluton Resources has settled proceedings against junior secured creditor Rizhao Port Group Logistics, which includes the removal of receivers appointed by Rizhao in disputed circumstances last month.

Mining 27 Nov 2014

Sirius names tenderers for Nova

Sirius Resources has named the preferred contractors for various works at its $473 million Nova nickel project near Norseman, however contract values have not been disclosed as final terms are yet to be completed.

Mining 19 Nov 2014

Watpac flags $4m profit hit

An uncertain future for Pluton Resources' Cockatoo Island iron ore project has led Watpac Civil & Mining to flag a hit to its net profit of between $2 million and $4 million for the 2015 financial year.

Mining 11 Nov 2014

Pluton gets new funding

Troubled miner Pluton Resources says its major shareholder General Nice Resources has committed to provide extra funding to recommence operations at the Cockatoo Island iron ore project.

Mining 06 Nov 2014

Watpac to resume at Cockatoo

Watpac Civil & Mining says it will resume limited works at Pluton Resources' Cockatoo Island iron ore project following discussions with the troubled miner's receivers, KordaMentha.

Mining 04 Nov 2014

KordaMentha appointed as Pluton receiver

Pluton Resources says its major shareholder General Nice Resources has appointed KordaMentha as the company's receivers, after secured creditor Rizhao Port Group Logistics yesterday tried to appoint representatives from FTI Consulting to the same role.

Mining 03 Nov 2014

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