Business News

Board Moves November 19, 2018

Catherine Costello has resigned as chief financial officer of Admedus. Ms  Costello was also company secretary and interim executive director until October.

HomeStay lists on ASX

Tech company HomeStay Care started trading on the ASX today after completing a reverse takeover of Antilles Oil and Gas and a $4 million capital raising.

Board Moves November 16, 2018

Anthony Italiano has been appointed chief financial officer and company secretary of Consolidated Zinc.

MACA JV wins $11m contract

A joint venture between MACA and Melbourne-based Coleman Rail has won an $11.1 million state government contract for road upgrades near Williams.

ACCC approves Quadrant takeover

The competition watchdog has cleared Santos’ planned $2.9 billion takeover of Quadrant Energy despite concerns from some businesses in the Goldfields region about reduced competition for gas supplies.

Mandurah Bridge demolition wins global award

Duncraig-based Mainline Demolition and Georgiou Group have claimed an international award for their demolition of the Old Mandurah Bridge last year.

Ichthys opens LNG plant

Japanese outfit Inpex today officially opened the onshore LNG processing facilities at its $46 billion Ichthys project in Darwin.

NRW wins $500m extension

Belmont-based NRW Holdings has secured a five-year contract extension for mining services at Stanmore Coal’s Isaac Plains East project in Queensland.

GR, Adaman to lead mining studies

GR Engineering Services has been appointed to lead a bankable feasibility study for FYI Resources, while Adaman Resources will complete a mining study for Neometals’ Barrambie vanadium project.

Board Moves November 15, 2018

Birimian has appointed Mark Hepburn as chief executive and Brendan Borg as non-executive director.

Monadelphous JV wins wind farm contract

Monadelphous joint venture Zenviron has been awarded a contract with a wind farm group in regional Victoria, while Primero has announced new contracts worth $30 million.

Global Rapid Rugby gets green light

Andrew Forrest’s planned Asia Pacific-focused rugby competition has been given the green light by the World Rugby council, with further details of the new series unveiled.

Board Moves November 14, 2018

Intiger Group has made some changes to its management structure.

Asic bans Perth adviser

A former Perth financial adviser has been permanently banned from providing financial services and credit activities, after he was convicted of stealing more than $100,000 from his clients.

Board Moves November 13, 2018

Birimian has announced the resignations of Greg Walker as chief executive and executive director, James McKay as chair, and Gillian Swaby as executive director.

Civcon wins Belmont Park contract

Subiaco-based Civcon Civil & Project Management has been awarded a $55 million contract as part of Golden Group’s $3.8 billion Belmont Park Racecourse development.

NEXTDC strikes subsea agreement

NEXTDC has struck a deal with ASX-listed Superloop, giving the Brisbane-based company connectivity to the new Indigo subsea cable system for its Perth operations, including an $80 million data centre currently under construction.

NRW wins coal contract

Belmont-based NRW Holdings has secured a contract with Fitzroy Australia Resources for work at the Ironbark No. 1 coal mine in Queensland.

Cycliq to raise up to $2m

Perth-based Cycliq has announced plans to raise up to $2 million as the cycling products developer ramps-up its business in the lead up to Christmas.

Board Moves November 12, 2018

Data Network Exchange has appointed Simon Forth as chief operating officer and Jitender Beniwal as Data Centre Operations Manager, as it prepares to go-live with its first two innovative co-location d

MinRes confirms train derailment

Mineral Resources has confirmed that about 30 empty iron ore wagons were derailed on a return train trip to the company’s Koolyanobbing mine near Southern Cross on Sunday.

Junior miners to raise $5m

Two local junior explorers have announced capital raisings, with Arafura Resources to launch a $3 million share purchase plan and Encounter Resources receiving a $1.8 million investment from Peter Bradford-led Independence Group.

Sheffield locks in engineering, debt deals

Sheffield Resources has confirmed GR Engineering Services will design and build the processing plant for the mineral sands-focused company’s Thunderbird project in the Kimberley.

Board Moves November 9, 2018

Claire Newey has resigned as chief financial officer of DroneShield, but will remain with the company until early 2019 to assist with the transition process.

Woolies sells fuel stations in $1.7bn deal

Woolworths has announced the sale of its 540 petrol stations to UK-based EG Group for $1.73 billion, months after BP pulled out of a deal to buy the fuel business.

BHP clears train wreckage

BHP Billiton says the wreckage from its derailed iron ore train has been cleared and the miner is confident of resuming rail operations early next week.

Salt Lake in $13m raising

Salt Lake Potash has tapped investors for $13 million to fund development of its Goldfields salt lakes project.

Altura up on offtake deal

Shares in Altura Mining have finished 36 per cent higher today after the lithium producer announced an offtake deal with Chinese company Ganfeng Lithium.

Board Moves November 8, 2018

Capricorn Metals has made some changes to its board and senior management as it transitions from an explorer to developer-producer.

Southern Cross wins $80m contracts

Perth-based Southern Cross Electrical Engineering has secured a series of contracts in NSW worth about $80 million.

MinRes loads first ore at Koolyanobbing

Chris Ellison-led Mineral Resources has loaded the first train of iron ore from its recently acquired Koolyanobbing mine near Southern Cross.



$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.

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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.

Robert Kennedy passes away

Company director Robert (Bob) Kennedy, who was a director or chairman of four ASX-listed companies, has passed away after a short illness.

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.