Business News

Kin appoints new CEO

Aspiring gold miner KIN Mining has appointed former Syndicated Metals managing director Andrew Munckton as its new chief executive after former leader Don Harper quit in February.

Board Moves April 26, 2018

Neville Bassett AM has been appointed non-executive chair of Auris Minerals. Mr  Bassett is a Chartered Accountant specialising in corporate, financial and management advisory services.

Deeks chosen to boost WA trade

The state government has appointed Civmec defence general manager Mike Deeks as its new London-based agent general for Western Australia.

Pacific to build 52MW MinRes power station

Perth-based Pacific Energy, through its newly acquired Contract Power Group, has secured a contract with Mineral Resources to build a 52-megawatt power station at the Wodgina lithium project.

Board Moves April 24, 2018

Lee Christensen has been appointed non-executive director of Empire Resources.

Mitsui move to compulsory acquisition

Japanese group Mitsui & Co has begun the compulsory acquisition process of Waitsia gas field operator AWE, after increasing its stake in the oil and gas company above the 90 per cent threshold last week.

Cost increases for FMG

Fortescue Metals Group has recorded higher production costs during the March quarter, while iron ore shipments were down slightly for the period.

Programmed signs on with Force

Employment provider Programmed has signed on as the Western Force’s first major sponsorship partner for 2018, ahead of the launch of the World Series Rugby competition next month.

Board Moves April 23, 2018

Noel McAuliffe has been appointed chief financial officer and company secretary of Birimian. He replaces Nick Longmire who has served in those roles on a part-time basis since November 2017.

Toro plans gold exploration

West Perth-based Toro Energy has announced a shift in strategy as the uranium-focused company begins a gold exploration program at its Lake Maitland project near Wiluna.

People Moves April 23, 2018

Herbert Smith Freehills has promoted Anna Creegan to partner in its Perth employment, industrial relations and safety team.

Board Moves April 20, 2018

Scott Mison has resigned as executive director, chief financial officer and company secretary of Jupiter Energy. He has been with the company since 2007.

Young steps down from Pilbara board

Pilbara Minerals founder John Young has stepped down from the company’s board, with Sally-Anne Layman set to become a non-executive director as the company closes in on first lithium production.

St John appoints new CEO

Former St John of God Healthcare executive Shane Kelly has been appointed as the organisation’s new chief executive, replacing the long-serving Michael Stanford, who stood down last month.

Paladin restructure the only option: Collins

King & Wood Mallesons Partner Nathan Collins, who was involved in the debt restructuring of troubled uranium miner Paladin Energy, says the deal, which left existing shareholders with a 2 per cent stake, was the only real option for the company.

Construction tenders April 20 2018

TendererProjectCloseSubmissionsAlliance BuildersDurham Road School - library refurbishmentApr ProjectsCaversham Primary School - under cover areaApr 24tenders@

Insolvency appointments Apr 9 to 18 2018

FirmAppointee/SolicitorRoleCompany NamePublished DateHLB Mann JuddKimberley Stuart WallmanliquidatorWolfe Civil Pty Ltd18/04/2018RSMGregory Bruce DudleyliquidatorValup Pty Ltd17/04/2018SM Solvenc

Board Moves April 19, 2018

Dr Matthew Greentree has become the managing director of Ausgold, having served as its chief executive since April 2017.

Veris locks in BHP contract

Osborne Park-based Veris has secured a three-year services contract for technology infrastructure upgrades at BHP Billiton’s accommodation villages.

Austal wins $30m contract

Henderson-based Austal has secured a $29.7 million contract to build two additional Pacific patrol boats on top of an existing $305 million federal government program, days after German shipbuilder Lurssen awarded Civmec a key contract for the Royal Australian Navy offshore patrol vessels.

Board Moves April 18, 2018

Apollo Consolidated has appointed Tony James as non-executive director. Mr  James is a mining engineer with considerable operational, new project development and corporate experience.

Woodside Wheatstone train above capacity

Woodside Petroleum’s first production train at the Wheatstone LNG project has surpassed its nameplate capacity, with the company announcing a revenue increase of nearly 20 per cent for the quarter.

Emerge Gaming lists after $5m IPO

Emerge Gaming (formerly Arrowhead Resources) started trading on the ASX today, after the former junior explorer completed a reverse takeover of private technology company Gaming Battle Ground for $3.7 million, and raised $5 million via an initial public offering.

Board Moves April 17, 2018

Kevin Hart has replaced Zoe Levendel as company secretary of Po Valley Energy.

Miss Maud Hotel sold to Stockholm Hotel Management

Miss Maud’s Swedish Hotel and Restaurant at the corner of Pier and Murray streets has been sold to private company Stockholm Hotel Management, with the price rumoured to be around $10 million.

ADRA Group appoints new CEO

Perth-based engineering company ADRA Group has announced former EWS chief executive Robert Osborn Jr as its new leader.

Titan agrees to buy $6.5m Peru plant

Gold-focused Titan Minerals has signed an agreement to purchase a processing plant in northern Peru in a cash and scrip deal for approximately $6.5 million.

Board Moves April 16, 2018

Liza Carpene has been appointed non-executive director of Mincor Resources.

Tungsten in $20m raising

West Perth-based Tungsten Mining has tapped investors for $20 million as the company seeks to progress its Mt Mulgine project in the Murchison region.

Board Moves April 13, 2018

Bruce McFadzean has resigned as non-executive director of Blackstone Minerals due to other business commitments and responsibilities.

Former Perth broker facing fraud charge

Former Perth finance broker Lachlan McDonald has pleaded guilty to giving false information and fraud charges following an investigation by the corporate watchdog.



$120m in new work for Monadelphous

Perth-based Monadelphous Group has received a number of contracts with multiple clients including Fortescue Metals Group, BHP Billiton and Chevron, with the work worth a combined $120 million.

FMG appoints Gaines as CEO

Fortescue Metals Group has announced major changes to its leadership, with a new chief executive taking the reins and its directors taking a hands-on role to support an updated strategy that focuses on producing more higher-grade iron ore.

Perth CBD office vacancy hits 25-year peak

Downsizing in the resources sector is outstripping emerging demand from technology, medical and education businesses for CBD office space according to a new report by independent property research firm Y Research.

Gow questions builder's financial status

The building commissioner has put out a public warning against a local building company, saying its financial status warrants questioning.

most commented

EPA rejects MinRes, Sinosteel iron ore mines

The environmental watchdog has recommended rejection of two proposals to mine iron ore in Western Australia because they would cause irreversible damage to the land.

Taxi plate buy-back part of transport shake-up

Perth taxi and Uber users may see a 10 per cent fare hike for the next four years to fund taxi plate buy-backs as the state government revamps on-demand transport.

Site found for WA's first open-range zoo

The state government has locked in a location for Western Australia’s first open-range zoo, which is expected to cost up to $100 million to develop.

Senate orders Roe 8 inquiry

UPDATE: A snap inquiry into alleged breaches of environmental conditions at the Roe Highway extension project will be held next week, after a motion introduced to Parliament by Greens Senator Scott Ludlam was today backed by the Senate.