Business News

Lianne Grove has been appointed to a newly-created role of chief commercial officer at Hexagon Resources.

Resource Development Group has announced plans to acquire a 30 per cent stake in a gold project from Bullseye Mining, which is currently the subject of a takeover offer and board spill.

Baraka Energy & Resources has appointed Jaime Zafra as an independent technical consultant to complete a due diligence review of the Philippines Iron Sands Vanadium-Magnetite Project, its explo

Junior explorer Peel Mining has raised $12.3 million, with gold miner St Barbara subscribing for $1.8 million as part of the placement.

Andrew Forrest-led GenerationOne, in partnership with the federal government, has today launched an Indigenous vocation training and employment centre at the Acacia Prison, with accommodation group Ebenezer Aboriginal Corporation (EAC) appointed as the program operator.

Barminco has secured a five-year extension to its mining services contract at AngloGold Ashanti’s Sunrise Dam gold mine, worth about $700 million.

Aerial imagery company Nearmap has boosted its coffers with a $70 million capital raising, with the proceeds set to be spent on sales and marketing.

Gold producer Pantoro has announced a capital raising for up to $15 million as the company aims to expand production at its Halls Creek operation to 80,000 ounces in 2019.

Newly-listed Coolgardie Minerals has signed an ore sale agreement with Northern Star Resources for production from its Geko gold mine, which is set to come online next month.

Pancontinental Oil & Gas has appointed company secretary and accountant, Vesna Petrovic, to its board as executive director.

Gary Lethridge has resigned as finance director of Echo Resources.

Local tech company K2fly has been awarded a series of consultancy contracts with existing clients Western Power and Arc Infrastructure worth about $1.1 million.

Goldfields Money has tapped investors for $20 million, with its planned merger with mortgage aggregator Finsure nearing completion.

POZ Minerals, which operates the Blina diamond project in the Kimberley, has announced it will bid in the state government’s tender to reopen the neighbouring Ellendale mine.

Decmil Group has secured an $86 million contract to design and build a bypass road in Victoria.

Jim McDowell has resigned as non-executive director of Austal. Mr  McDowell has accepted an appointment to become chief executive of the Premier and Cabinet in South Australia.

Education technology company Schrole Group has signed a sales agreement with US-based not for profit International School Service (ISS) for the next five years.

GWR Group has struck a deal to sell its Hatches Creek tungsten project in the Northern Territory to West Perth-based Tungsten Mining for $8.7 million cash.

Perth-based company director Peter Hepburn-Brown, who was on the board of three listed mining companies, has passed away following a period of ill-health.

Struggling gold producer Eastern Goldfields has suspended all mining operations, with the company confirming that nearly 40 employees have been made redundant.

Beacon Minerals has raised $18 million via a debenture issue, with the proceeds expected to bring the company’s Jaurdi gold project into production next year.

Jin Lan Quan has resigned as non-executive director of Kresta Holdings. Li Ding and current Kresta executive, MingMing Zhang, have been appointed non-executive directors.

Graphite aspirant Triton Minerals has tapped investors for $4 million, led by major shareholder Shandong Tianye Mining, as the company progresses its Ancuabe project in Mozambique.

Two people have been charged following an investigation by the Corruption and Crime Commission into state-owned utility Horizon Power.

A boost in resources contracts has driven engineering firm Primero Group to a $5.2 million profit for the 2018 financial year, with the company forecasting a further increase in revenue next year.

Georgiou Group has been awarded a $14.5 million state government contract for upgrades to the Great Eastern Highway near Glen Forrest.

Welshpool-based MACA has secured a $700 million mining services contract at Carabella Resources’ Bluff coal project in Queensland for the next 10 years.

Christopher Achurch, current chief financial officer of Kalium Lakes, will also take on the role of joint company secretary.

WA dwelling approvals are 9 per cent lower than 12 months ago, although they have improved moderately in the past three months.

Specialist glass company ClearVue Technologies has signed an agreement with Murdoch University to build a $1.6 million greenhouse at its campus.

Shares in Karl Simich-led Sandfire Resources have jumped more than 8 per cent today after the company reported a record $123 million profit.

A joint venture between CIMIC Group's Ventia and international outfit Tyco has been awarded a $230 million Main Roads contract for electrical infrastructure maintenance across the state for up to seven years.