FMG cutbacks to lead to significant job losses

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A mining services company says a decision by Fortescue Metals Group (FMG) to terminate its contract at the Cloudbreak iron ore mine in the Pilbara will result in signficant job losses.

Brierty Limited, which is based in the Perth suburb of Maddington, says it was given the termination notice by FMG late yesterday, even though the earth works contract was not due to expire until August.

It estimates the termination of the contract will cost the company $12 million in lost revenue, but it is still budgeting for a profitable second half of the financial year.

FMG Chief Executive Andrew Forrest says the company's decision to terminate the contract was a business decision and did not reflect the quality of the services.

"They're a fantastic contractor and we had trucks and equipment which could do their job so we acted in the interests of Fortescue," he said.
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School director facing fraud and stealing charges

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The director of a Muslim school, which was closed down by the State Government last year, has been charged with fraud and stealing.

Police allege the 50 year-old falsified grant applications between 2005 and 2007, to secure more than a million dollars in funding for the Muslim Ladies College in Kenwick.

It is alleged he also stole more than $350,000 while he was the director of the school.

He has been charged with a number of offences under State and Commonwealth law, including stealing as a director of a company and making false statements in an application.

He due in court next month.
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