Andrew Hobbs

Aviva hires Chatfield while Qld enquiries continue

Just over a week after standing down as chief executive of major Queensland energy supplier CS Energy Ltd, Mark Chatfield has returned to Western Australia, taking on a role at South Perth-based energy company Aviva Corporation Ltd.

Midwest Corp's rail plans sidetracked until March 2008

West Perth-based Midwest Corporation Ltd's efforts to transfer its haulage operations from road to rail by the end of September has hit another snag, with an Environmental Protection Authority assessment due to delay the project by a further six months.

Vietnam Industrial urges adjournment on asset sale decision

Perth-based Vietnam Industrial Investments Ltd has recommended its shareholders adjourn a vote today on the sale of its stake in two subsidiaries, concrete-reinforcing steel bar producers Vinausteel Ltd and Ssesteel Ltd, after receiving a superior offer.

It's hard to talk with a dry throat in View from the Arch

It's not often that a government policy wins the approval of both the Greens (WA) and the Western Australian Farmers Federation, but the State Government's decision to construct a second desalination plant achieved it this week.

WASO names new principal conductor

The former music director of the English National Opera, Paul Daniel, has signed on to be Principal Conductor and Artistic Adviser for the West Australian Symphony Orchestra for three years from January 2009, the orchestra announced today.

Niagara defends disclosure after ASX query

Subiaco-based Niagara Mining Ltd has responded to an Australian Stock Exchange share price query, saying the announcement of positive drilling results on Monday did not compromise its confidentiality obligations, despite knowing about them a month before.

Urbis expands to WA with Tract merger

A merger with the Western Australian arm of urban and landscape design practice Tract (WA) has given urban planning advisory firm UrbisJHD, soon to be Urbis, a foot in the door for WA expansion.

Lucky Treasurers at top of the class in View from the Arch

There was more pressure than the TEE this week as governments prepared their budgets - Education was the topic du jour in Canberra, while WA business wants to teach Treasurer Eric Ripper a lesson, and kids say the darndest things to the Prime Minister.

BankWest ends contract with Unisys West JV

West Perth-based Information Technology services provider Unisys West Pty Ltd will no longer be able to name its UK-based parent among its customers, after HBOS Australia Pty Ltd annouced plans to end its IT contact with the company in December.

Uramet to raise $7m in IPO for uranium exploration

Subiaco-based uranium and base metals explorer Uramet Minerals Ltd will raise $7 million in its initial public offer to fund exploration of its Northern Territory and Queensland tenements.

Wesfarmers shares rise on reports of Tesco's Coles withdrawal

Shares in Wesfarmers Ltd are up almost two per cent on reports that UK supermarket chain Tesco had decided not to make a bid for Coles Group, after deciding it was not a sound move.

Trajan to raise $2.5m in IPO for nickel exploration

West Perth-based minerals explorer Trajan Minerals Ltd aims to raise $2.5 million in its initial public offer to fund nickel-focused exploration of Northern Territory tenements in which it has rights to a majority interest.

Mix wins race for ears of Perth in Neilsen radio ratings

Austereo's mix 94.5 has the ear of over 20 per cent of Perth's radio audience, according to Nielsen Media Research, and Southern Cross Broadcasting's 96FM has beaten DMG Radio's Nova 93.7 for second place, despite an 0.8 per cent jump in listeners this pe

ARC's $380m Wandoo acquisition plans stymied by Vermilion

West Perth-based petroleum explorer ARC Energy Ltd's plans to acquire the Wandoo Petroleum Pty Ltd Australian portfolio for $380 million have suffered a setback, with Canada-based Vermilion Oil & Gas exercising its pre-emptive rights to a major asset

Business and the Environment in WA Business News

This week's WA Business News looks at the global warming debate's impact on WA Business and the expansion plans of an internet entrepreneur and a Fast Food chain, plus Trade, Property, Not for Profit, Growing Business, Gusto and more

Kiernan takes Territory Iron executive chair as Stewart to retire

West Perth-based iron ore explorer Territory Iron Ltd chairman Michael Kiernan will commence work at the company in an executive capacity after managing director Doug Stewart advised he would retire from the company in late July.

FRL advises against former CEO's re-appointment to board

The board of Belmont-based diversified financial services provider Financial Resources Ltd has advised its shareholders to vote against the re-appointment to the board of former chief executive Barry Samuels, saying it would be detrimental to the company.

Venus woos Rosendorff, issues $2m IPO

Perth-based diamond explorer Venus Resources Ltd, which boasts Perth jeweller Craig Rosendorff as a board member, has announced plans to raise $2 million through its initial public offer, to fund exploration of its East Kimberley diamond project.

RMA Energy launches $4.2m IPO as Ansett cases linger

Perth-based RMA Energy Ltd, previously Ansett Energy Ltd, has re-badged and re-invented itself as a resources company with a $4.2 million initial public offer, the company announced today.

Those certain shades of limelight shine in View from the Arch

Attention that starts as limelight can quickly turn to a sickly green, as state and federal politicians selling their Budgets, IR policies and themselves as electoral prospects to an observant public re-discovered this week.

Ian Campbell to quit Senate for private sector

After 17 years in Federal parliament, 13 years on the front bench and two months after leaving Cabinet, Western Australian Liberal Senator Ian Campbell today announced he would resign from the Senate to pursue a career in the private sector.

Vietnam Industrial forecasts subsidiary sales profit up $1.5m

Perth-based Vietnam Industrial Investments Ltd expects to receive around $14.6 million for the sale of its concrete-reinforcing steel bar producing subsidiaries Ssesteel Ltd and 70 per cent owned Vinausteel Ltd - up $1.5 million from its previous expectat

Brandrill anticipates 10% fall in end of year profits

Henderson-based drill and blast company Brandrill Ltd anticipates a 10 per cent fall in its before tax end-of-year profit, after activity levels for the first four months of the calendar year fell below original expectations.

Midland Brick fined $12,500 by Department of Environment

Midland Brick has been fined $12,500 by the Department of Environment and Conservation after allegedly contravening its licence under the Environment and Conservation Act.

Oropa raises $1.7m in rights offer for Indonesian gold exploration

South Perth-based gold explorer Oropa Ltd will raise around $1.7 million through a renounceable rights offer to raise funds for further exploration of its Pungkut project in Indonesia.

United Uranium in $5m IPO for NT exploration

Subiaco-based uranium exploration company United Uranium Ltd aims to raise $5 million through its initial public offer, using the funds for exploration of its various Northern Territory projects.

Red Centre Uranium to raise $2m in IPO

Subiaco-based Red Centre Uranium Ltd will raise $2 million in its initial public offer, using funds raised to investigate opportunities in mining or industry, with particular focus on uranium developments.

Stirling to raise $3.5m in IPO for gold exploration

West Perth-based gold and base metals explorer Stirling Minerals Ltd has announced plans to raise $3.5 million in its initial public offer to fund exploration of its Quidong project in south-eastern New South Wales.

Legal Review and Mid-West miners in WA Business News

This week's WA Business News looks at forces for change in the local legal scene and a Mid-Western push for more state government support, plus Trade, Property, Not for Profit, Growing Business, Gusto and more

Hood replaces Cormann at HBF as Federal Election looms

Perth-based health insurer HBF has replaced acting general manager Mathias Cormann with group strategy manager Sheila Hood, ahead of Mr Cormann's planned May resignation to contest a Senate seat.

Morning Star ends $11m International Mining Technologies deal

Sydney-based investment company Morning Star Holdings Ltd has withdrawn its proposed $11 million acquisition of Wembley- based International Mining Technologies Pty Ltd after deciding its product commercialisation risk was too great.


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Albidon raises $13.4m for Zambian nickel project

Nedlands-based nickel company Albidon Ltd has raised $13.4 million from UK and Australian instititional investors to fund development of its Munali project in Zambia.

Cannes-do attitude for Perth Art Director

Perth art director Scott Hitchcock has had huge success at the prestigious Cannes Lions Festival for advertising, winning Gold and Bronze Lions for campaigns he worked on while art director at Oglivy & Mather, Singapore.

Aspen Group in trading halt

Perth based property developer Aspen Group Ltd has announced a trading halt, pending an announcement from the company expected on Wednesday.

West Australian Metals finalises A1 deal

Perth-based resources and exploration company West Australian Metals Ltd today announced the finalisation of the sale of the group's Duketon Belt gold exploration properties in the Laverton and Leonora area to Osborne Park-based A1 Minerals Ltd.