Matt Mckenzie

Matt Mckenzie joined Business News in June 2014 and reports on projects, energy, agribusiness, small business, employment relations, manufacturing and economics. He completed bachelor of arts and bachelor of economics degrees at the University of Western Australia, majoring in political science and international relations, economics, and money and banking. He was formerly president of the UWA Student Guild, where he introduced the first private catering outlets on campus, and has worked at a leading financial services company.

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If you need to get in touch with me anonymously or through an encrypted service, you can contact me on Wickr at mattmck0. I'd also like to declare that I'm a member of the Liberal Party.      

Watpac wins $29m contract

Construction and mining services company Watpac has won a contract to provide services to Hanking Gold Mining’s Cornishman pit at its Southern Cross operation.

Nido recommends takeover

Nido Petroleum directors have unanimously recommended off market takeover bid by BCP Energy International, subsidiary of Thai oil refinery Bangchak, for 5.5 cents per share.

Navitas grows further in US

Education provider Navitas has announced a ten year agreement with Florida Atlantic University to establish a pathway program for international students on its main Boca Raton campus.

Mutiny simplifies Deflector

The Deflector copper-gold mine in the Mid West will be simplified and optimised, after an internal review conducted by owner Mutiny Gold.

WA stocks up 19%

Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.

Ausdrill, Nido under halt, suspension

Shares in Ausdrill and Nido Petroleum have entered a trading halt and suspension respectively; with Ausdrill stating it will announce an impairment charge.

Apache plans to exit Wheatstone

US-based oil and gas company Apache Corporation has admitted it intends to completely exit liquefied natural gas projects, including its 13 per cent interest in Chevron’s Wheatstone project.

Swick to beat revised target

Drilling company Swick Mining Services has announced it should beat its downgraded guidance for the year in its quarterly update today.

Forrest backs "welfare card"

The Abbott government has published the long-awaited Forrest Review of Indigenous jobs and training, with wide ranging recommendations including a healthy welfare card.

Cape Lambert settles tax dispute

Cape Lambert has reached a settlement with the Australian Tax Office regarding its $96 million tax dispute, agreeing to make a final net payment of $2.4 million.

Reclaim completes placement

Rubber recycler and manufacturer Reclaim Industries has announced a new board appointment and the successful completion of a $1 million placement.

Benson leaves Troy Resources

After seven years at the helm of Troy Resources, managing director Paul Benson is leaving the company today following his announcement in late April.

St Barbara rethinks Gold Ridge

Gold miner St Barbara might sell its Gold Ridge operations in the Solomon Islands, where production has been suspended since 3 April due to Tropical Cyclone Ita’s torrential rain and flooding.

Thai BCP acquires interest in Nido

BCP Energy International has announced it will acquire over 400 million shares in oil and gas explorer Nido Petroleum from Abu Dhabi’s Petroleum International Investment Corporation (Ipic).

Economy to normalise: CCI

The Western Australian economy will return to average growth levels over the coming two financial years as the resources investment boom fades, according to Chamber of Commerce and Industry WA chief economist John Nicolau.

Rio exits Mozambique coal

Rio Tinto has sold its Rio Tinto Coal Mozambique subsidiary, including the major assets acquired in its $3.9 billion purchase of Riversdale Mining in 2011, for just $US50 million.

Cobham wins gold FIFO contract

Perth based junior airline Cobham Aviation Services has been awarded a contract to provide fly-in, fly-out services to two Gold Fields Australia mine sites in Western Australia.

Chevron deal for Coates

Chevron Australia has awarded a five-year contract for the supply of hire equipment services to Coates Hire West.

Work begins at Karratha Health Campus

Work has started on the $207 million Karratha Health Campus, with Downer EDI today beginning a $15.5 million earthworks program.

Valmec secures $10.5m contracts

Valmec Australia, formerly known as MCore Services and Marsh Civil, has secured contracts worth $10.5 million through its gas and multi-discipline divisions across a number of WA based industries including land infrastructure, engineering services and civil works.

Renaissance raises $6m for Cambodian gold

Gold and mineral explorer Renaissance Minerals has completed a $6 million equity placement to fund acceleration of exploration and drilling activity at its fully owned Cambodian gold project.

BMT Oceanica wins Water Corp deal

Perth-based marine and coastal environmental specialist BMT Oceanica has been selected to provide ocean outlet monitoring services for the Water Corporation.

Poseidon releases June report

Poseidon Nickel has released its June quarter update, after acquiring the Black Swan project from Norilsk for $1.5 million.

Prezentt keeps audience in the smart loop

A Perth tech start-up is launching a new web platform it hopes will simplify the process of delivering public presentations.

Graphite producers power up

Owners of graphite stocks have enjoyed strong returns during the past year on the back of demand for the mineral’s use in lithium ion batteries, however it is the potential to tap new markets that has some in the sector even more excited.

Troy, Resolute issue quarterly reports

Gold producers Resolute Mining and Troy Resources have released their quarterly activities reports for the June quarter, with Troy’s share price falling more than 22 per cent on the results.

IMX joins list of graphite success

Shares in former Perth-based company IMX Resources have more than doubled today, as the company has announced a significant graphite deposit at its Nachingwea property in Tanzania, with a graphitic unit up to 500 metres wide and more than 10 kilometres long.

West African Resources study reveals low costs

Formerly Perth-based IMX Resources has announced a significant graphite deposit at its Nachingwea property in Tanzania, with a graphitic unit up to 500 metres wide and more than 10 kilometres long.

Alicanto to raise $1.5 million

Alicanto Minerals has today announced it has received firm commitments for a placement of 10 million shares to raise $1.5 million, and will be offering an additional $300,000 share purchase plan to eligible shareholders.

BlackRock to invest $US12m in Avanco

Perth based copper explorer Avanco Resources has finalised a deal with global resources funds management giant BlackRock, which will provide $US12 million to fund development of the Antas North site in Brazil.

Silver Lake in mine acquisition

Gold and copper explorer Silver Lake Resources has reached agreement with Newcrest Mining for acquisition of its share of the Mount Monger joint venture for around $1.5 million.



WA returns to growth as Australia avoids recession

GDP has bounced back from a poor showing in the September quarter with December quarter seasonally adjusted growth of 1.1 per cent, while Western Australia snapped a five quarter streak of shrinking state demand to grow 0.4 per cent.

Financial probe for student union

The University of Western Australia Student Guild has dismissed a staff member over financial irregularities after bringing in forensic accountants from BDO to undertake a special analysis of its 2013 accounts.

Warning to Uber moonlighters

Uber drivers using the service as a supplementary income should declare it to their primary employer, according to Minter Ellison partner Kathy Reid, after a driver who had worked during sick leave lost an unfair dismissal claim.

Property player tops 40u40

Blackburne managing director Paul Blackburne was last night named the 2016 Business News 40under40 First Amongst Equals, ahead of a talented and diverse field of candidates.

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McGowan to cancel Roe 8

The Roe 8 road project will be cancelled if the Labor Party wins the upcoming state election, opposition leader Mark McGowan said today, even though the government has already signed a contract for construction, with $236 million of funding to be re-allocated to three alternative roads.

Nalder makes fresh freight link pitch

Transport Minister Dean Nalder has highlighted the social benefits of Roe 8 and touted the minimal environmental impact of the project at a lunch today, adding that the link would need to be built regardless of any move to an outer harbour.

Green light for Kwinana lithium plant

A $400 million lithium processing plant to be built in Kwinana has got the green light, with West Perth company MSP Engineering to act as head contractor.

Feds back unconventional drilling

Resources Minister Josh Frydenberg said the federal government would be pushing states to remove moratoriums on unconventional gas extraction, including fracking, he told the LNG 18 conference today.