Resources logistics company Bis has appointed former Broadspectrum chief executive Graeme Hunt as its new chairman to replace the retiring Charles Lenegan, while non-executive director John Beevers is also retiring.
GR Engineering Services will receive an $8.3 million payout from Eastern Goldfields, more than a year after launching proceedings in the Supreme Court in relation to a contract dispute at the miner’s Davyhurst operation.
MOD Resources has increased the capacity of its planned processing plant at the T3 copper project in Botswana, while also appointing a lead engineer for the feasibility study, along with debt advisers for the project.
About 1,500 Alcoa of Australia workers are striking across the company’s Western Australian operations, with attempts to establish a new enterprise bargaining agreement with Australian Workers Union members so far failing.
WA-based Azark Projects is calling on the federal government to review its preference for a nuclear waste storage facility in South Australia, with the George Gear-led company proposing Leonora as a more suitable location.
Perth-based conglomerate Wesfarmers has sold its stake in the Bengalla coal mine in NSW, continuing a major reshaping of its portfolio after the sale last year of another coal mine and the planned spin-off of its Coles business.
Fortescue Metals Group has reduced its stake in Atlas Iron but crucially still holds more than 10 per cent, meaning Gina Rinehart's Hancock Prospecting will not be able to acquire full ownership of the takeover target.
UPDATED: Gina Rinehart’s Hancock Prospecting announced late Friday it has increased its stake in takeover target Atlas Iron to 56 per cent, giving it effective control, and extended its $390 million offer for two weeks.
Pilbara Minerals has a definitive feasibility study for the planned stage-two expansion at its Pilgangoora lithium-tantalum project, with chief executive Ken Brinsden confident the $231 million upgrade will go ahead.