Business News

Aspire Mining has appointed Achit-Erdene Darambazar and Boldbaatar Bat-Amgalan as non-executive and executive directors respectively.

The state government has reluctantly accepted an improved offer from the Commonwealth for remote housing funding.

Pindan has been awarded a $45 million contract to build a 780-room construction camp at Rio Tinto’s $3.5 billion Koodaideri project in the Pilbara.

Peter Bradford-led Independence Group has taken a $4 million stake in junior explorer Buxton Resources.

Westgold Resources has tapped investors for $23.4 million, while also announcing the sale of its lithium royalties at Mt Marion and Buldania for $15 million.

Shares in IOOF Holdings have lost more than a quarter of their value after the prudential regulator moved to disqualify the beleaguered wealth manager's top brass and impose new licence conditions.

Laurent Raskin has been appointed non-executive director of Celsius Resources.

Gold miner Tribune Resources has purchased Singapore-based explorer Prometheus Developments in a deal worth $30.3 million.

Gold Road Resources has increased the forecast annual output for its half-owned $621 million Gruyere gold project, while confirming first production remains on track for mid-2019.

Echo Resources has signed a letter of intent to award two mining contracts to MACA for its Yandal gold project near Leinster, while also announcing a $6.5 million capital raising backed by major shareholder Northern Star Resources.

Advanced Braking Technology has promoted current chief financial officer John Annand to chief executive. He succeeds Peter Hildebrandt who has stepped down from the role.

Admedus has appointed Kiran Bhirangi as chief medical officer, based in Minneapolis.

Explaurum has asked shareholders to accept an $8 million placement from Alkane Resources on the same day a report from independent expert BDO said a hostile takeover bid from Ramelius Resources undervalued the gold explorer.

Perth rich lister and Mineral Resources director Tim Roberts has bought a $29.6 million stake in the diversified mining company.

ASX-listed property investment fund Centuria has acquired two adjacent industrial properties in Perth’s eastern suburbs for $23.8 million.

Exporters have agreed to place a three-month moratorium on sheep exports to the Middle East, months after TV footage revealed poor conditions on board a live export vessel departing Fremantle.

Avenira has appointed Charles Graham as project director of the Baobab Expansion and Upgrade investment project at its Phosphate Project in the Republic of Senegal.

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Perth-based commercial cleaning company Delron Cleaning has agreed to ongoing scrutiny of its workplace arrangements by the Fair Work Ombudsman after it was found to have underpaid staff more than $447,000.

Shares in Resonance Health have doubled today after its FerriSmart technology, which uses machine learning to quantify liver iron concentration, received FDA approval.

Andrew Haslam and Martin Bryant have resigned as non-executive directors of BCI Minerals.

Decmil has been awarded a $65 million contract extension with BHP Group for expansion works at the Mulla Mulla village in the Pilbara.

Subiaco-based Cirrus Networks has won a $3 million cyber security contract with oil and gas giant Woodside Petroleum.

Adco Constructions has secured a contract to complete expansion works at Bunbury Regional Prison, while EMCO Building will construct a new performing arts centre at Melville Senior High School.

The editor of The West Australian, Brett McCarthy, has resigned with immediate effect, after nearly a decade at the helm of the state’s only major newspaper.

AnaeCo has ended its Administration and appointed a new board.

Jason Loveridge has retired as non-executive director of Actinogen Medical.

Scott Funston has been appointed chief financial officer and company secretary of Exore Resources.

Matthew McDonnell has been appointed interim chief financial officer of Admedus. Mr  McDonnell spent over 24 years at KPMG, including 10 years as a partner.

Global miner Rio Tinto says it will sell its entire stake in Rossing Uranium to China National Uranium Corp for up to $106.5 million.

Local construction company Jaxon has been awarded a $10 million contract to build a new student accommodation facility at St George’s College at the University of Western Australia.

Shares in Proteomics International Laboratories have jumped more than 8 per cent in early trading, after the Nedlands-based firm announced a collaboration agreement with a US pharmaceutical company.