Business News

Eon NRG is pleased to announce that the Company's rights issue, as detailed in the Prospectus dated 6 February 2019, has been well supported by Eon's shareholders and new investors and is now close

Decmil has been awarded a $46 million contract from Main Roads Western Australia to design and construct a dual carriageway and overpass in Perth.

Our daily board moves wrap includes Gang Xu, Malcolm Castle, Kenneth Charteris, Dan Hilerowitz, Marcel Hilmer, and Ron Chamberlain.

Wormall Civil has been awarded two contracts totaling $7.3 million for works at Peel Business Park.

A recommendation by Western Australia's environmental watchdog that new emissions-intensive projects should be carbon neutral has swiftly been rejected by the state government.

Our weekly appointments wrap includes Danicia Quinlan, Patima Tantiprasut, Brigitte Smith, Bevan Sturgess-Smith, Emma Leys and Hayley Cormann.

Peter Linford and Ray Betros have resigned as non-executive directors of IndiOre.

Austal is on a recruitment drive for an extra 260 Western Australian workers to fill vacancies at its Henderson facility.

Decmil Group has secured a $72 million contract for balance-of-plant works at the 180-megawatt Warradarge wind farm.

Our daily board moves wrap includes Warren Hallam, Jonathan Shellabear, Tim Kestell, Douglas Jendry, Debra Bakker, Geoff Rogers, Peter Benjamin, Chris Baker, Stephen Stroud, and Stuart Bodey

BGC Contracting has been awarded a $30 million contract to develop the Ramone Gold Project for Northern Star Resources, a week after BGC confirmed it would still seek to sell the contracting business.

The Perth-based Australian subsidiary of Phoenix International has secured a contract with the Royal Australian Navy.

The Reserve Bank of Australia's stance on rates may be getting a little less neutral after Australian economic growth fell well short of the central bank's own downgraded forecast.

Carnegie Clean Energy has reported a net loss of $45 million for the half year, largely due to a write-down to the value of its intellectual property.

Our daily board moves wrap includes Evan Cross, Craig Burton, Chris Bath, Charles Morgan, Stephen Keenihan, and Allan Boss.

Telstra is set close its approximately 78 business centres and open 28 business technology centres in their place.

The state government has continued its rollout of off-grid renewable systems, with Perth-based CPS National set to install micro power systems in the Esperance region.

Western Australian tourism businesses have won 16 medals at the 2018 Qantas Australian Tourism Awards, the largest medal haul for the state since the awards' inception in 1985.

Coles is offloading management of its 87 pubs, including four in Western Australia, in a $200 million deal with private equity controlled Australian Venue Co.

Brendan Borg has stepped down as managing director of Celsius Resources but remains on the board as non-executive director.

Capricorn Metals advises that the Share Purchase Plan described in the offer booklet dated 6 February 2019 closed on 21 February 2019.

Our daily board moves wrap includes Mariah Khoury, Nicki Farley, Mathew O'Hara, Oonagh Malone, Chris Banasik, Steve Parsons, Andrew Vickerman, Marcus Engelbrecht, Stephen Copulos, Andrew Richards, Greg Gaunt, Tony Chong, David McGowan, Rachel Kerr, Kate Sainty, Steven Wood, Jason Conroy, Robert Martin, Tim Wither, Ian McCubbing, Tony Lofthouse, Phil Bruce, Rick Crabb, and Philip Crabb.

RCR Tomlinson Administrators McGrathNicol has announced UGL has purchased the RCR Upgrades and Maintenance business.

Catalyst Metals has announced that Gold Exploration Victoria, a subsidiary of Hancock Prospecting, has agreed to subscribe for a $13.02 million placement of Catalyst shares.

The cash-strapped company that received Western Australian government funds despite not meeting milestones attached to a wave power project has been suspended from trading on the Australian stock exchange for failing to lodge its half-year financial report.

Our daily board moves wrap includes Rebecca Broughton, Kym Verheyen, Steven Zaninovich, Chris van Wijk, and Darren Townsend.

State government agency VenuesWest and contractor Perth Aluminum Scaffolds have each been fined $90,000 over the death of a worker who fell through a skylight in the roof of HBF Stadium in Mt Claremont.

Civmec has secured a fabrication and assembly contract at BHP's South Flank iron ore project in the Pilbara, taking its total at the project to $48 million.

Our weekly appointments wrap includes Scott Nugent, Michael Britton, Charmaine Reay, Paul Hindle, Jon Ricciardone, Deborah Terry, and Frank McLoughlin.

Shipbuilder Austal has increased its shareholder payout after announcing a two per cent lift in first-half profit on its expanding US Navy and commercial ferry work.

Jamie Armes has resigned as company secretary of Alta Zinc. Current finance director Stephen Hills will take over the role of company secretary.

Australia's biggest miner Rio Tinto says it will return billions to shareholders, after it recorded a 2 per cent rise in underlying earnings for 2018, to US$8.63 billion ($12.2 billion).