Fraser Beattie

Fraser Beattie joined Business News in May 2014 and covers all of the latest mergers and acquisitions, contracts and deals, state politics and resources news online. Fraser graduated from Edith Cowan University in 2012 with a bachelor of communications degree, and majored in Journalism and broadcasting. He had a stint at a local radio station in Park City, Utah, in 2013, where he covered the latest trends in music in the US. Fraser left Business News in 2017.

migme sale scrapped

Digital media company migme will be seeking alternative options to restructure after plans to sell its underlying business to US-based investment group Solaris Power Cells fell through.

Fotios to remain as Eastern chair

Michael Fotios has quashed speculation that he intends to step down as chairman of Eastern Goldfields, following an exchange of words with journalists at Diggers & Dealers earlier this week.

AVZ attracts Chinese investor for $15m raising

Africa-focused lithium explorer AVZ Minerals has attracted a Chinese miner for the bulk of a $15 million capital raising, which has been priced to take advantage of a recent doubling in its share price.

AusCann gets manufacturing licence

Shares in Perth-based AusCann Group Holdings surged on news it had secured a licence to manufacture and supply medical cannabis.

Residential builds to be blocked under Port Hedland dust plan

About a third of the town of Port Hedland should be blocked from any new residential developments, the state government's dust management taskforce has recommended.

Beament calls for $100m investment

Northern Star Resources boss Bill Beament has called on the state government to commit $100 million towards the development of a mining education hub in Kalgoorlie through Curtin University’s WA School of Mines (WASM).

Piccadilly Cinema set for $6m revamp

The historic Piccadilly Cinema is one of six sites that will benefit from an incentive scheme introduced by the City of Perth to revitalise underused heritage-listed buildings in the CBD.

WA submits GST change proposal

The state government has made a formal submission to the Commonwealth Grants Commission seeking a fairer share of the GST distribution, following lack of progress in talks on the issue last week in Perth.

New gold IPO as explorers relist

A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.

De Grey progresses Pilbara gold project

Local explorer De Grey Mining has progressed plans to develop its Pilbara gold project with the release of a scoping study today, which revealed a development cost of $96 million.

Red 5 buys two gold mines

Red 5 has struck agreements to buy Gold Fields' Darlot mine and Saracen Mineral Holdings' King of the Hills mine for a combined $34 million in cash and shares.

Protesters to take aim at Eastern Goldfields at Diggers

UPDATED: Eastern Goldfields is expected to be confronted at next week’s Diggers and Dealers conference by local contractors who claim they have not been paid by the Perth gold miner.

WA new car sales stall again

New car sales in Western Australia started the 2018 financial year in the slow lane, falling 8 per cent in July as national sales continued to rise.

Lindian to buy stake in Tanzanian bauxite project

Perth-based explorer Lindian Resources has announced plans to acquire a majority stake in a bauxite mine in Tanzania in a deal worth nearly $2 million, despite recently introduced legislation mandating increased government ownership of local projects and higher royalties on some minerals.

Saracen mulls Thunderbox underground mine

Saracen Mineral Holdings has flagged a $71 million investment in its Thunderbox operation near Leinster to develop an underground mine, after achieving record total ore reserves.

Azumah attracts $17m farm-in deal

A Perth-based investment group has lined up about $17 million to farm-in on Azumah Resources’ Wa gold project in Ghana.

Miro directors resurface

Six months after shutting down specialist oil and gas advisory firm Miro Advisers, Tim Woodall has joined the board of Melbourne-based explorer and producer FAR as a non-executive director.

Dawson named as WA's new police commissioner

The state’s former deputy police commissioner is returning to Western Australia to take on the top job when Karl O’Callaghan retires later this month.

Navitas down on profit drop

Shares in Navitas were lower this morning after the Perth-based education provider posted a 10.8 per cent slide in net profit for the 2017 financial year.

Gumala takes ex-CEO to court

Gumala Aboriginal Corporation is taking legal action against its former chief executive, Steve Mav, for allegedly breaching his duties while he was at the helm of the indigenous group.

Byrnecut preferred for $440m Saracen contract

Saracen Mineral Holdings has named private company Byrnecut as its preferred contractor for a contract, valued at $440 million, for underground mining services at its Carosue Dam gold operation north of Kalgoorlie.

App/tech business of the week ~ Jugglr

Jugglr allows mothers to provide services to other mothers so they can help each other and keep their job skills fresh – from playdates to sharing house chores, kids tutoring to time out, personal training or career coaching and small business support. Where fee-for-service is involved, Jugglr takes a fee.

PPR recruits new Perth head

Experienced public relations executive Fiona McRobert is returning to Perth to lead the local office of PPR, as the one-time market leader seeks to rebuild its WA practice after a long period of downsizing.

Mineral wealth excluded from compo claim: Power

Fortescue Metals Group chief executive Nev Power says the value of minerals would be excluded from its looming compensation battle against the Yindjibarndi people, but that claim has been disputed by the native title group's legal team.

Marindi backs away from Kidman, settles with Rox

Marindi Metals has conceded defeat in its Supreme Court fight against Kidman Resources over rights to the Mt Holland lithium operation, and has accepted a small settlement payout from Rox Resources over a separate matter.

Wyatt cautious on bank tax

Treasurer Ben Wyatt has all but ruled out the introduction of a bank tax in the September budget but has kept the option open for a future decision, while the industry has called on the state government to protect Western Australia’s economic growth by not bringing in the levy.

Tough leaves Aurora Labs for CEFC

Samantha Tough has become the third director to step down this year from the board of 3D printing company Aurora Labs, which has experienced a wild ride since listing on the ASX last August, initially enjoying a spectacular share price rally before losing most of the gains.

BGC wins more east coast work

Osborne Park-based BGC Contracting has been chosen to deliver the main civil construction work on part of a $4.4 billion highway upgrade project in NSW.

More IPOs, less raised

About a quarter of ASX floats in the six months to June were undertaken by Western Australian companies, but the total amount raised is falling according to a new report.

Eastern pours gold at Davyhurst

Eastern Goldfields has poured first gold at its Davyhurst operation near Kalgoorlie, amid a looming court battle against the project’s refurbishment contractor, GR Engineering Services.

Echo to raise $5m for gold project

Gold explorer Echo Resources has tapped investors for $5 million to fund ongoing development of its Yandal project near Wiluna.



New study reveals Perth suburbs selling faster than in boom

The Real Estate Institute of Western Australia has revealed 10 Perth suburbs where properties are selling faster now than during the mining boom, with four of the top 10 in the western suburbs.

No turnaround in sight for Perth house prices

Perth house prices have fallen 7.4 per cent over the past 18 months, making it the worst-performing housing market in the country.

$1.8bn World Trade Centre proposal for Perth

The state government has received a proposal for a $1.85 billion World Trade Centre in the Perth CBD from a Middle Eastern-backed private group that includes former Perth Airport manager Neil Kidd.

NBN contractor enters administration

An infrastructure delivery company that had carried out work on the NBN rollout in Perth has collapsed.

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Leighton consortium favoured for Roe 8

The state government has named a consortium led by Leighton Contractors as the preferred proponent for construction of the $500 million Roe 8 highway project, which is the first leg of the contentious Perth Freight Link.

Protestors take Roe 8 fight to High Court

Opponents of the state government’s controversial Roe 8 highway extension project have taken their fight to the High Court following a recent decision that validated the project’s environmental approval.

Site for western suburbs high school secured

The state government has locked down a site for a new public secondary school in Perth’s western suburbs that will open its doors in 2020.

TFS rejects Ponzi claims

Indian sandalwood producer TFS Corporation has blasted US-based short-seller Glaucus Research Group for a scathing report which accused the Perth company of operating a Ponzi-like business structure.