Business News

Pilgangoora sales limited on construction delays

17 Jun 2019

Shares in Pilbara Minerals have fallen up to 10 per cent today after June quarter sales from its Pilgangoora project are expected to be lower than originally anticipated, due to construction delays by its offtake partners.

Prospect Resources

Prospect raises $5.2m

Business News

17 Jun 2019

Prospect Resources has raised $5.2 million via a share placement and share options exercise, with the funds raised to be utilised for general working capital.

AusGroup

Contracts totalling $50m for two local firms

Business News

17 Jun 2019

AusGroup and Southern Cross Electrical Engineering have each announced several contract wins, each worth a combined figure of around $25 million.

Affinity Energy and Health

Board Moves June 14, 2019

Business News

14 Jun 2019

Our daily board moves wrap includes Sonu Cheema, Malcolm James, Craig Barnes, John Blower, Jude Turton, Jeffrey Williams, Ashok Parekh, Peter Hunt, Peter Bilbe, Jonathan Price, Peter Rozenauers, Bianca Taveira, Stephen Hewitt-Dutton, Shannon Green, and Steve Formica.

ASIC cancels Macro broker’s licence

Business News

14 Jun 2019

The Australian Securities and Investments Commission has cancelled the credit licence of mortgage broker Rochelle Anne Weinert, who was involved with the ill-fated Macro Group.

Fortescue Metals Group

Tasman shares surge on Fortescue deal

Business News

14 Jun 2019

Fortescue Metals Group has signed a conditional farm-in and joint venture agreement with Perth-based Tasman Resources for an exploration project in South Australia.

V&V Walsh

Regulatory changes to support WA sheep farmers

Business News

14 Jun 2019

The state government has announced new regulations to help boost lamb exports, which hit a record $306 million in 2018.

ASG Group

ASG awarded $9m in contracts

Business News

14 Jun 2019

The Department of Education has awarded two contracts worth $7.2 million and $1.9 million to Perth-based IT company ASG Group for the ongoing use of its Oracle technologies.

Board Moves June 13, 2019

Business News

13 Jun 2019

Our daily board moves wrap includes John Palermo, Mary Hackett, Nick Cernotta, John Ciganek, Anna Sudlow, Craig Barnes, Yves Ilunga, and Joas Kabete.

Appointments June 14, 2019

Business News

13 Jun 2019

Our weekly appointments wrap includes John Barrington, Timothy Marney, Fiona Harris, Lee-Ann Kirkham, Chris Blyth, Sabina Shugg, Mark Hewitt and Chris Slater.

New Energy Minerals

Board Moves June 12, 2019

Business News

12 Jun 2019

Our daily board moves wrap includes Andrew Tsang, Sue Murphy, Paul Ching, Jackie Lee, Bernard Olivier, Cobus van Wyk, Evan Kirby, Christiaan Jordaan, and Brad Mytton.

Macmahon Holdings

Macmahon to renegotiate Telfer contract

Business News

12 Jun 2019

Macmahon Holdings has flagged the possibility of a $25 million to $35 million provision against its contract at the Telfer gold project amid ongoing negotiations with the project’s owner Newcrest Mining.

Velrada

Velrada wins $3.2m contract

Business News

12 Jun 2019

Perth-based ICT company Velrada is on track to hit $40 million in annual revenue after winning a multi-year contract in Victoria with Club Assist, the world’s largest mobile automotive battery retailer.

Patersons Securities

Aust Mines to raise up to $10m

Business News

12 Jun 2019

Australian Mines has launched an underwritten share purchase plan, with the funds raised to advance its Sconi project.

RM Capital

ASIC takes on RM Capital

Business News

12 Jun 2019

The Australian Securities and Investment Commission has begun civil proceedings against Perth-based RM Capital, alleging that an authorised representative for the firm was engaged in conflicted remuneration.

Emeco Holdings

Emeco flags significant earnings rise

Business News

12 Jun 2019

Emeco Holdings expects its earnings for this financial year to rise by nearly 40 per cent compared with the prior corresponding period.

South Metropolitan TAFE

McGowan announces nation’s first automation courses

Business News

12 Jun 2019

Premier Mark McGowan announced this morning that South Metropolitan TAFE will begin offering automation courses from semester two, 2019, the first of such nationally recognised qualifications available in Australia.

Perth tax agent deregistered

Business News

12 Jun 2019

The Tax Practitioners Board (TFB) announced this morning that it had terminated the tax agent registration of Peter Moltoni, following an investigation into the Perth accountant’s ties to a shell company in the British Virgin Islands.

All Earth

Insolvency appointments May 29 to June 11 2019

Business News

12 Jun 2019

FirmAppointee/SolicitorRoleCompany NamePublished DateCor CordisClifford Stuart RockeliquidatorAll Earth Pty Ltd11/06/2019RSMNeil Raymond CribbliquidatorBurns & Baker Accountants Pty Ltd11/06/

Poseidon Nickel

Board Moves June 11, 2019

Business News

11 Jun 2019

Dr Chia-Tai Chiang has resigned as non-executive director of Black Star Petroleum. Frank Knezovic has been appointed an alternate director for Chris Zielinski at Global Vanadium.

BDO

Big lithium gains as financing improves for explorers

Business News

11 Jun 2019

Financing inflows for ASX-listed juniors and small cap explorers recovered in the March quarter, with lithium companies among the biggest beneficiaries, according to the latest research from BDO.

Woodside Petroleum

Woodside cuts production forecast

Business News

11 Jun 2019

Woodside Petroleum has forecast its 2019 output will be at the lower end of its guidance of 88 million to 94 million barrels of oil equivalent, as a result of maintenance issues at its Pluto liquefied natural gas plant.

Grain Industry Association of Western Australia

WA crop area to be lowest in years

Business News

10 Jun 2019

Heavy rainfall over the past few days will be good news for WA’s farmers; however, most have already cut back their expected cropping area due to dry weather conditions in recent months.

Rio Tinto

Rio, FMG support indigenous children initiatives

Business News

10 Jun 2019

Rio Tinto has backed a STEM initative in the Pilbara, while Fortescue Metals Group has thrown its support behind Ricky Grace's Girls Academy.

Fremantle Chamber of Commerce

WA Maritime Museum wins Freo award

Business News

10 Jun 2019

The WA Maritime Museum, The Raw Kitchen, and small bar Percy Flint were among the winners at the Fremantle Chamber of Commerce's annual awards night this past Friday, in a competition described by judges as one of the most tightly fought in years.

Illuminance Solutions

Perth business wins global tech award

Business News

10 Jun 2019

Perth-based Illuminance Solutions has claimed a global technology award, winning a Microsoft 2019 partner of the year award.

Data Exchange Network

Board Moves June 7, 2019

Business News

07 Jun 2019

Our daily board moves wrap includes Neil Meadows, Douglas Loh, Mark Chamberlain, Suraj Sanghani, Craig Smith, Campbell McKenzie, Catherine Grant-Edwards, Melissa Chapman, Daniel Noonan, and Geoffrey Laing.

FTI Consulting

Transit Clothing to close its doors

Business News

07 Jun 2019

The administrators of Perth-based Transit Clothing have announced that the business will close and cease trading at all remaining store locations within the coming week.