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$US rebound pushes gold down off 1yr high

Gold prices have fallen more than one per cent from the previous session's 13-month high as relief that North Korea did not conduct a missile test over the weekend helped to lift global stocks, the US dollar and bond yields.

Construction contracts and tenders August 24 to September 6 2017

PACT Construction has been selected as the builder of the $32.3 million mixed-use 650 Albany Highway apartment project on the corner of Albany Highway and Miller Street in Victoria Park.

Contract Power to build, run, Pilgangoora power

Contract Power Group has won a contract to build, own and operate a power station at Pilbara Minerals’ Pilgangoora lithium project for at least seven years, while former Fortescue Metals Group delivery manager Dale Henderson has taken over as Pilbara’s project director.

MinRes, Zenith add board diversity

Perth companies Mineral Resources and Zenith Energy have added to the diversity of their boards, appointing Chinese businesswoman Xi Xi and local executive Stephanie Unwin to their respective boards.

Shares close 40pts higher

The Australian share market has closed higher as investors took some comfort from North Korea refraining from any more provocative missile launches over the weekend.

New Marketforce CEO stirs the pot

Advertising agencies are rapidly evolving as traditional creative agencies, digital specialists, media buyers and other players bump up against each other in unexpected ways.

Mineral Commodities in $4.6m graphite deal

Welshpool-based Mineral Commodities has signed an agreement with Gold Terrace to earn-in to the Munglinup graphite project West of Esperance in a part cash, part scrip deal worth about $4.6 million.

WellteQ chasing global opportunity

SPECIAL REPORT: A health software startup with key backers in Perth is targeting a $US1.2 billion market led by global player Virgin Pulse.

Juniors tap investors for $6m

Local explorers MacPhersons Resources and Venture Minerals have announced plans to raise a combined $6.3 million to fund ongoing work at their respective prospects in the state.

Wellness program targets Fifo isolation

SPECIAL REPORT: The effects of a Fifo lifestyle on the workforce have prompted changes in workplace practices among some of the major resources sector players.

Workplace wellness and culture a virtuous circle

SPECIAL REPORT: Businesses in WA are working towards workplace culture and leadership styles that drive employee wellbeing and productivity.

Navitas establishes Swansea JV

Perth-based education provider Navitas has entered into a 50:50 joint venture with Swansea University to replace its existing royalty-based pathway program with the Welsh university.

CEO lunch with Justin Miller

Tertiary education may not have sat comfortably with Justin Miller, but his connections to Curtin University have played an important role in the development of his Sensear and Nuheara businesses.

Diatreme moves forward with Cyclone zircon

Shares in Brisbane-based Diatreme Resources were up 20 per cent today as the company signed a memorandum of understanding with Chinese company ENFI Engineering Corporation to undertake a bankable feasibility study at the Cyclone mineral sands project.

Maca in $60m placement

Mining and civil contractor Maca has raised $60 million to expand its mining fleet, driven by what the company described as an exceptional pipeline of available work.

Triangle to float subsidiary on ASX

Gas explorer Triangle Energy Global has announced plans to spin-out one of its subsidiaries into a new entity and float it on the ASX.

Tabcorp expects Tatts merger in November

Tabcorp expects to complete its $11 billion mega merger with gaming rival Tatts on November 1.

Shares open 30pts higher

The Australian share market is higher in early trading as heavy falls from the mining giants are offset by strong gains by the heavyweight banks and healthcare sectors.

$A eases back against a weakened $US

The Australian dollar is almost half a cent lower against its US counterpart, falling back from its 81 US cents of Friday, despite the greenback itself weakening.

Morning Headlines

Insurers call for radical surgery

US oil slides 3% as Irma threatens demand

 US crude prices have tumbled down more than three per cent on worries that energy demand would be hit hard as Hurricane Irma, one of the most powerful storms in a century, headed toward Florida an

Gold steady as rate rise expectations ebb

Gold has held near its highest in more than a year as the US dollar dropped and weak economic data lowered expectations of a December interest rate rise in the United States.

Willmott to resign from CCI

The Chamber of Commerce and Industry of WA will be hunting for a new chief executive after Deidre Willmott signalled she would move on from the role early next year to pursue non executive director opportunities.

Shares close 17pts lower

The Australian share market has ended the day down, while the Aussie dollar gained sharply on strong housing data and a weaker greenback

Ray of hope for Freo homeless support

St Patrick’s Community Support Centre has been feeding Fremantle’s homeless for more than 40 years, but in tough economic times it’s hoping solar energy provider Solar Luna will cut utility costs in a bit to keep its doors open.

MGroup offerings build post-niche

A gap in the local maintenance and minor works market has provided a business opportunity for integrated property company MGroup.

Austal wins $15m US contract

Henderson-based shipbuilder Austal has received a $US12.3 million ($A15.1 million) contract to provide post-delivery services work to the US Navy, in relation to its provision of littoral combat ships.

Services suite drives seniors’ projects

Service providers and developers are pursuing opportunities in WA’s growing aged care and retirement sector, with a pipeline of property overhauls and new builds worth more than $500 million.

WA poll fears could drive feds’ largesse

OPINION: The federal government may be forced to play nice with WA’s Labor government, as fallout from within the Liberals over the GST gets ugly.

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