It is reported that WA mining contractor NRW Holdings last night followed Macmahon Holdings into a share trading halt pending an announcement about its own significant contract.

The move came amid growing speculation about major potential work linked to BHP Billiton’s RGP5 iron ore expansion in the Pilbara.

Mr Kim Hyman secretary of NRW said that the hectic trading in shares prompted the company to seek a trading halt while it finalized an unidentified contract. He said that NRW expected to make an announcement by Thursday but declined to comment further.

(Sourced from The West Australian)