Fraser Beattie

IT firm ASG Group has secured a $22 million contract to provide its services to United Energy and Multinet Gas over a five-year term.

Perth-based vehicle retailer Automotive Holdings Group has sold three of its east coast properties to trusts managed by Charter Hall, for $50.5 million.

Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6 per cent slide in net profit for the 2015 financial year, to $105.8 million.

Sirius Resources has sold off all of the nickel and copper it plans to produce out of its Nova mine in the first three years, after signing an offtake agreement with Glencore today.

Naracoota Resources has announced plans to exit mining and enter the tech sphere through the reverse takeover of a health informatics company backed by Perth technology entrepreneur Nathan Buzza, in a deal worth $12.4 million.

A new iron ore mine proposed by BHP Billiton, and revisions to conditions placed on Rio Tinto’s Marandoo iron ore project near Tom Price, have been recommended for approval by the environmental watchdog.

Mining giant BHP Billiton has contributed about half a million dollars towards the construction of a walk trail on Rottnest Island, making it the largest contribution to the island by a corporate entity.

Satterley Property Group has increased its Victorian land bank, buying fellow Western Australia-based developer Peet's 1,350-lot Arena Estate in the Greenvale area for $93.1 million.

A planned backdoor listing by technology company Yatango, which was backed by top-shelf advisers and boasted iiNet founder Michael Malone as one of its directors, has fallen through after being hit by tough market conditions and a run-in with the corporate regulator.