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 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 mattmckenzie. I'd also like to declare that I'm a member of the Liberal Party.      

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.

Abetz announces employment reforms

The federal government has today released draft reforms to its employment services model, including changes to work for the dole and $5.1 billion of spending over three years to deliver the programs.

Business sees beyond resource boom

Bankwest has released its Future of Business report for July, revealing an insight into the expectations of small and medium-sized enterprises Australia wide.

Sundance signs Congo convention

Sundance Resources has taken a step toward production at its Nabeba iron ore project after signing an agreement with the government of the Republic of Congo and Congo Iron.

Latin appoints Northcott as funding consultant

Latin Resources’ Guadalupito project has moved a step forward with the appointment of bespoke natural resource financial advisory Northcott capital as funding consultant for the project

Golden handshake for Rosair

Former Department of Regional Development director general Paul Rosair has received a $412,000 golden handshake after stepping down from the role on June 30, nine months earlier than stipulated in his contract.

India, Efic deal for exporters

The Australian Export Finance and Insurance Corporation has unveiled details of a new deal with India’s largest bank, The State Bank of India.

Strong quarter at Western Areas

Nickel producer Western Areas has performed strongly in the June quarter, finishing the year in a net cash position of $10.3 million.

Kin receives $3m funding for Leonora

Kin Mining has struck a $3 million funding deal with Geolord Resources to complete its acquisition of the Leonora gold project.

Uranium Equities to raise $1.5m

Uranium Equities has announced a one for three rights issue and placement to raise up to $1.5 million for its Alligator Rivers uranium field and general working capital.

Atma aims to break the poverty cycle in India

A recently established social enterprise is aiming to use the sale of bicycles in Western Australia to reduce poverty in India.

Elemental appoints new MD

Potash explorer Elemental Minerals has appointed John Sanders as managing director, replacing Iain Macpherson who will continue as a non-executive director.

Food vans offer gourmet grub

An iconic fixture at many sporting and cultural events, food vans are going gourmet, with pies and chips giving way to more sophisticated cuisine that, increasingly, is competing with the bricks and mortar hospitality sector.

Beef with Indian buffalo

Australian beef producers are facing competition in emerging exports markets from low-cost Indian buffalo production, according to the Australian Bureau of Agriculture Resource Economics and Sciences.

Coretrack, Latin raise capital

Two months after acquiring fraccing technology developer Ecopropp, energy company Coretrack has completed a successful raising of $2 million to advance the new business.

Bauxite lifts Athena forecast

Bauxite Resources has announced an increased forecast for its Athena deposit in Western Australia’s Darling Range.

Acquisition and placement for Aurora

Aurora Minerals has executed a three way deal with African Lion and Predictive Discovery, offering African Lion an $800,000 placement and in return receiving a 17.2 per cent slice in Predictive.

Nifty mining to resume

Copper producer Aditya Birla Minerals will resume mining activities at its Birla Nifty mine less than four months after it was closed due to a sinkhole.

Brogden MD at AICD

Former New South Wales opposition leader John Brogden has been appointed managing director of the Australian Institute of Company Directors, after serving as chief executive of the Financial Services Council.

Fortescue reaches record iron run rate

Iron ore exporter Fortescue Metals Group has notched up a record 160 million tonne annualised run rate in the last month of the financial year.

New dawn for Day at Kingsgate

Former Kagara managing director Geoff Day has been appointed chief executive of Kingsgate Consolidated.

Creative talents find new stages to strut

Recent investment in school theatre facilities is having a mutually beneficial effect.

Newera raises $1m

Minerals explorer Newera Resources has announced an entitlements issue to raise just over a $1 million.

Kingsrose ticks approval boxes

Final approval has been granted for gold production at Kingsrose Mining’s Talang Santo mine in South Sumatra, Indonesia.

Potash West completes placement

Phosphate and glauconite explorer Potash West has completed an $800,000 placement to fund development of its Dandaragan Trough project near Perth.

Investors give green light to Greenland

Greenland Minerals and Energy has closed its fully underwritten $8.9 million rights issue oversubscribed.



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.

$130bn of major projects in WA

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

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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.