The liquidators of Brierty have been given the all-clear to pursue $8.7 million in alleged preferential payments made before the contractor's 2017 collapse.
Brierty has signed a new facility and debt restructure agreement with Bankwest that is conditional on the company's rectification plan at Rio Tinto's Western Turner Syncline project being approved by the iron ore miner.
Gruden Group has announced several changes to it board and management. Warren Barry will step down as executive director but remains in an executive sales position.
Shares in mining and civil contractor Brierty have tumbled 23 per cent today despite the company announcing a $3.8 million net profit for the six months to December, which the company said was above guidance.
Perth contractor Brierty has confirmed it expects to report a significant uplift in half-year profit after cutting back costs and adopting a ‘back to basics' strategy.
Peter McBain has stepped down as chief executive of mining and civil contractor Brierty after a series of financial and operational setbacks, and will be replaced by the company's chief operating officer.
Former state treasurer Troy Buswell has been promoted to chief financial officer at civil and construction contractor Brierty, which today annunced that 14 positions have been made redundant as it seeks to shave costs.
Western Plant Hire and Aboriginal-owned Nyiyaparla Engineering Mine & Maintenance Services have signed a joint venture agreement to provide plant hire and mining services in the Pilbara.
