Business News

Board Moves January 21, 2020

Peter O'Connor will join the board of Boss Resources as non-executive chair, replacing Mark Hohnen who is stepping down from the role having helped transition the company to be a viable restart operat

Board Moves January 20, 2020

Our board moves wrap includes Jonathan Taylor, Timothy Spencer, David Crook, Paul Payne, Dennison Hambling, Peter Kennan, Aleksandra Spaseska, and Vicki Robinson.

Automic acquires share registry

Perth-founded Automic Group has become Australia’s third-largest share registry after acquiring its competitor, Security Transfer Australia (STA).

Emerald seeks $75m for Okvau

Emerald Resources has announced plans to raise $75 million to fund its Cambodia-based Okvau gold project, via two placements of 1.9 billion new shares.

Corporate finance deals Jan 13 to 19 2020

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Board Moves January 17, 2020

Perry Mitchell has been appointed non-executive director of AustSino Resources Group. Mr  Mitchell has over 40 years of financial and banking experience in Australia and internationally.

Insolvency appointments December 12 2019 to January 10 2020

There have been 38 insolvency appointments to Western-Australian-incorporated companies since December 12.

Papalia, Hall tout tourism figures

Findings released today by Tourism Research Australia show 2.9 million visitors spent a total of $10.9 billion in Western Australia in the year to September 2019, a substantial increase on previous periods.

Appointments January 17, 2019

Our weekly appointments wrap includes Miriam Stanborough, Ashleigh Woodley, Colin Carson, Mark Norwell, Joe Taboni, Natalie Kam, Mona Gill, Jeffrey Malone, Craig Foster, Mark Liddelow, Noel Hart, Peter Creek and Kate Watson.

Board Moves January 15, 2020

Centaurus Metals’ chief financial officer, John Westdorp, has taken over the role of company secretary from Paul Bridson.

CV Check up on strong results

Osborne Park-based CV Check has reported a breakeven cash flow quarter and continued growth in its B2B customer segment, which contributed 73 per cent in total sales.

Board Moves January 14, 2020

Our board moves wrap includes Jeremy Kirkwood, David Ross, Bruce Goulds, Terry Bowen, and Lindsay Maxsted.

Panoramic completes $32m capital raising

Nickel miner Panoramic Resources has reported a 72 per cent take-up by shareholders for the retail component of its underwritten $32.7 million entitlement offer, helped by support from major shareholder Zeta Resources.

Board Moves January 13, 2020

Metals X has announced the resignation of YiMin Zhang as non-executive director and a representative of Jinchuan.

Corporate finance deals Jan 1 to 10 2020

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Board Moves January 10, 2020

Peter Marks has been appointed non-executive director of Elsight.

Woodside to begin Sangomar development

Woodside Petroleum is set to begin drilling for oil off the coast of Senegal, executing key contracts to begin the first phase of its $US4.2 billion ($6 billion) Sangomar project.

Appointments January 10, 2019

Our weekly appointments wrap includes Nicola Watts, David MacLean, Charlotte Wallace, Robert Kaplan, Geoff Eyre, Phillip Fox, Dave Kelly, Peter Tinley and Chris Tallentire.

Board Moves January 8, 2020

ADX Energy has appointed London-based Edouard Etienvre as non-executive director, following the resignation of Rob Brown due to increased overseas work commitments that will require extensive internat

Monadelphous wins $110m in contracts

Engineering group Monadelphous has secured several new construction and maintenance contracts, including three with BHP, worth a combined value of around $110 million.

Board Moves January 7, 2020

Terry Gardiner, current non-executive director of Affinity Energy & Health, has taken over from Jessica Rodrigues as company secretary.

Jenkins, Weatherill and Dixon to new roles

Minderoo Foundation, the Chamber of Commerce and Industry WA and Fenix Resources made senior appointments over the holiday break.

Board Moves January 6, 2020

Rick Higgins will be retiring as non-executive director of BWP Trust in early February, having served on the board since 2007.

Australia becomes world’s largest LNG exporter

Australia has edged out Qatar to become the world’s largest exporter of liquefied natural gas (LNG) on an annualised basis, according to national consultancy Energy Quest.

Board Moves January 2, 2020

Bannerman Resources has appointed Robert Orr as chief financial officer and company secretary, replacing Robert Dalton who has been financial controller and company secretary for over 5 years.

Board Moves December 31, 2019

Clive Brown has retired as non-executive director of CI Resources. He has served on the board since 2007 and was chair of the company’s wholly-owned subsidiary, Phosphate Resources, since 1992.

Board Moves December 30, 2019

Garret Dixon has been appointed non-executive chair of Fenix Resources from January.

Board Moves December 27, 2019

Our board moves wrap includes Leigh Warnick, Marc Ducler, John Jones, Peter Stern, David Varcoe, Graeme Smith, Andrew Barclay, Matt Hardisty, Matthew Banks, Alexander Hewlett, Zane Lewis, Simon Jenkins, Brad Underwood, Mathew Whyte, and Mark Strizek.

Board Moves December 23, 2019

David Sanders has been appointed an alternate director for Matt Hardisty at Anglo Australian Resources.

Board Moves December 20, 2019

Our board moves wrap includes Max Johnston, Krista Bates, Cheryl Edwardes, Andrew Richards, Stephen Copulos, John Cathcart, Beau Nicholls, Matthew Bull, Peter Smith, Alan Armstrong, Leigh Junk, Rohan Williams, Ian Cochrane, Amanda Burgess, Kevin Hart, John Kolenda, Andrew Jensen, Arjan van Ameyde, and Horst Kreuter.

Back from January 6

A note to our readers that Business News will take a break over the holiday season, with our daily emails and regular coverage resuming on January 6.



COVID-19 daily wrap: WA to ban regional travel

Mark McGowan says regional WA travel restrictions will soon be announced, foreshadows beach closures. Optus Stadium converted to emergency headquarters for WA police. WA's confirmed COVID-19 cases grew by 35 to 175.

COVID-19 daily wrap: WA closer to lockdown

WA's confirmed COVID-19 cases jumped by 20 overnight to 140. Premier Mark McGowan warned not enough people were adhering to social distancing rules. WA will go into border lockdown tomorrow while cafes, restaurants and bars were restricted to takeaway services only at 12pm today.

COVID-19 daily wrap: First community transmission in WA

Roger Cook confirms community transmission in WA. Prime Minister Scott Morrison has imposed a travel ban on all non-residents. Confirmed COVID-19 cases in Australia has reached 514.

$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.

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Austal wins more maintenance work with US Navy

Henderson-based shipbuilder Austal has won a $US12 million ($A15.6 million) contract to provide maintenance work on a littoral combat ship it is currently building for the US Navy.

Carnarvon surges on gas test results

Shares in local oil and gas company Carnarvon Petroleum have surged on better than expected results at its Roc-2 well test offshore Port Hedland.

World's second-best hotel in Perth's CBD

Perth’s COMO the Treasury Hotel has been named the second best hotel in the world by travel publisher Conde Nast.

Gold Road project to cost $507m

Gold Road Resources has released its feasibility study on the Gruyere gold project near Laverton, which has detailed a $52 million increase in capital costs and a longer mine life.