Edited announcement

iiNet buys Internode for $105m

iiNet has entered into an agreement to acquire Internode, Australia’s largest privately owned broadband services company, for $105 million.

Point Fraser development gets go-ahead

The Swan River Trust has granted final approval for the $18 million tourism and hospitality development on the Swan River at Point Fraser.

Black Range appoints new managing director

West-Perth based Black Range Minerals has appointed former-Peninsula Energy CEO Tony Simpson as its managing director.

Leighton subsidiaries win $300m in Wheatstone contracts

Leighton Holdings’ subsidiaries Thiess and John Holland Group have been awarded $300 million in contracts for the Chevron-operated Wheatstone gas project near Onslow.

Forge wins $90m Australia Pacific LNG contract

Forge Group’s wholly-owned subsidiary Cimeco has entered into a $90 million agreement with Chicago Bridge and Iron to provide civil and concrete services for the early stages of the Australian Pacific

Ausdrill to deliver $50m profit

Ausdrill Limited is on track to deliver a $48-$50 million half-year profit after tax, an increase of between 32 and 37 per cent on the previous corresponding period.

Quest raises $1.5m

Quest Minerals has completed a $1.5 million capital raising, with Singaporean investor Maxillion taking a 19.9 per cent interest in the company.

Shire council withdraws Dargues Reef challenge

The Euorbodalla Shire Council has withdrawn its appeal against approval of Cortona Resources’ Dargues Reef gold mine in south-coastal New South Wales.

Strategic wins Sydney Harbour upgrade contract

Strategic Marine has won a contract to build five pontoons and associated structures for the Sydney Harbour Wharf Upgrade Program.

WA appoints first small business commissioner

David Eaton has been appointed Western Australia’s first Small Business Commissioner to provide a low-cost alternative dispute resolution service.

Legacy acquires 60% interest in Hawthorn

Legacy Iron Ore will acquire a 60 per cent share in Hawthorn Resources for $5 million in a deal which will terminate the Mt Bevan iron ore project joint venture between the two companies.

Matrix wins $35m-$50m per annum five-year agreement

WA-based company Matrix Composites and Engineering has won an agreement with a European oil services company to supply riser buoyancy models for three years, with two one year options following.

Indo Mines receives $13m Indonesian investment

Perth-based Indo Mines has entered into an agreement with Indonesian investment company the Rajawali group which includes a $13.2 million share placement.

Peak appoints managing director

Perth-based mineral explorer Peak Resources has appointed Richard Beazley as its managing director, effective as of January 16.

Trent Bartlett joins CBH board

CBH Group has appointed Trent Bartlett to its board as an independent director, replacing retiring director Peter Knowles.

New era for WA waste recycling

More than one million tonnes of recycled construction and demolition (C&D) waste could be diverted from landfill and used to build roads under a landmark agreement between Main Roads WA and the Wa

Intierra acquires Raw Materials Group

Perth-based Intierra Resources Intelligence has acquired Sweden-based Raw Materials Group (RMG) to create one of the industry’s largest global database groups.

Convergent acquires AFL Resources

Perth-based gold and uranium explorer Convergent Minerals has acquired AFL Resources for the issue of 50 million shares and 25 million options exercisable at 6 cents to AFL shareholders.

Buru directors buy $6m in company shares

Buru Energy’s chairman Graham Riley, executive director Eric Streitberg and CEO Tom Streitberg have collectively purchased almost $6 million in company shares.

Mirabela completes board renewal

Perth-based Mirabela Nickel announced today the appointment of Geoff Handley as non-executive chairman and the resignation of Craig Burton and Bill Clough, completing its board renewal process.

Mondelphous wins $70m Wheatstone contract

Monadelphous Group has won a $70 million construction, operation support and services contract with lead engineering contractor Bechtel for the early phases of the Wheatstone gas project near Onslow.

Mundo seeks creditor protection over $8m debt

Perth-based Mundo Minerals’ wholly owned Brazilian subsidiary Mundo Mineração has filed for creditor protection from a Brazilian judge against a US$8.1 million debt.

Water Corporation appoints new chair

Eva Skira has been appointed chairperson for the Water Corporation, water minister Bill Marmion announced today.

Kumarina lists on ASX

Kumarina Resources made a steady entry to the ASX yesterday after raising $10.3 million through its initial public offering.

Mutiny completes Gullewa acquisition

Mutiny Gold has completed its full acquisition of the Gullewa Gold project, paying $4 million cash and 40 million shares to ATW Gold Corp Australia for the final 30 per cent interest of the project.

Atlas sells Balla Balla project for $40m

Atlas Iron has sold the Balla Balla magnetite, vanadium and titanium project to Forge Resources for $40 million plus a capped royalty from future production.

Downer Clough wins $200m contract

The Downer Clough joint venture has won a $200 million engineering, procurement and construction (EPC) contract with Wesfarmers subsidiary CSBP, which today announced the formal go-ahead for a $550 mi

Gindalbie completes $209m equity raising

Gindalbie Metals has completed the final stage of its $209 million equity raising, placing a $75 million in shares.

Sandfire signs ore sales contract with Chinese company

Sandfire Resources has signed a sales agreement with the Yunnan Copper Corporation for the remaining direct shipping ore (DSO) to be produced from its DeGrussa copper-gold project in WA.

WA mining employment passes 100,000

Total mining employment in Western Australia has surpassed 100,000 people for the first time, indicative of the growth of the state’s resources sector.

Phylogica raises $2.15m

Phylogica has completed a $2.15 million capital raising to fund its drug discovery infrastructure, invest in in-house programmes and support operational activities.



Unregistered builder to pay $42,500 for illegal work

Richard Jonathon Sheridan, the director of One Emperor Pty Ltd (deregistered – ASIC) trading as WOW Makeovers, has been successfully prosecuted by the Building Commissioner for registration and contractual offences he committed in relation to a $250,000 renovation of a Scarborough house between May and November 2011.

Hall & Prior proceeds with $67m development

Hall & Prior Health and Aged Care Group has today announced plans to proceed with a $67 million aged care facility in High Wycombe, due for completion in the second half of 2019.

WA venues top national awards

Two Western Australian businesses and a WA venue manager have won major titles at the Australian Hotels Association national awards for excellence, announced at the Royal Pines Resort on the Gold Coast last night. 

Alan Tough dies at 77

Local businessman Alan Tough has passed away at the age of 77.

most commented

Broadband network waste of money: iiNet

iiNet managing director Michael Malone has warned a Senate Committee that the federal government's national broadband network is doomed to be a huge monumental failure and a waste of $5 billion of taxpayers money.

Moore River project gets approval

The state government has given conditional approval for the Plunkett family's proposed residential development at Moore River, north of Perth, but has substantially scaled down the size of the project.

WA School of Mines under threat

The globally-respected Western Australian School of Mines campus in Kalgoorlie will inevitably be closed unless far reaching changes are made, some of the school's most prominent graduates have warned.

Port Bouvard lodges Gidgegannup plan

Port Bouvard has lodged its master plan for the Gidgegannup townsite with the City of Swan and the Western Australian Planning Commission following 18 months of planning and environmental investigations.