Business News

Perth-based Pawsey Supercomputing Centre has appointed Mark Stickells as its new director, less than a month after the federal government said it would invest $70 million in the facility.

Perth-based Peet has confirmed its appointment by the state government as the developer for the Brabham housing project near the Swan Valley.

Tim Allison has resigned as joint company secretary of Tech Mpire.John Kenny has decided not to stand for re-election as a non-executive director of Winchester Energy.

De Grey Mining has raised $6 million, with ASX-listed DGO Gold investing $5 million in the placement, to expand exploration work at the company's Pilbara gold project.

Titan Minerals has announced an $11 million capital raising to fund the purchase of a processing plant and exploration work at its Torrecillas and San Santiago projects in Peru.

Michael Chan, a highly experience executive and metallurgical engineer, has joined Hexagon Resources as chief development officer.

Shares in the Ian Middlemas-led Paringa Resources fell sharply today after the company completed a $30.2 million capital raising at a heavily discounted price of 22 cents per share, with the proceeds to fund construction of its Poplar Grove coal mine located in the US.

WA Super has made two executive promotions.

West Perth-based Antipa Minerals has announced a capital raising of $3.3 million, and is planning an entitlement offer for an additional $4.3 million, with the funds to be spent on exploration work at the company's projects in the Paterson region of Western Australia.

AGL has knocked back Alinta Energy's $250 million offer to buy Liddell Power Station and reaffirmed its decision to close the plant in 2022.

Dotz Nano has appointed current non-executive director Uzi Breier as the new chief executive, following the resignation of Dr Moti Gross who has been at the helm since the company's inception.

Tempo Australia has been awarded a $6 million contract with CBH Group to upgrade its grain handling facilities across Western Australia.

Business News' index of 30 Western Australian stocks hit an all-time high this week, helped by solid gains by copper miner Sandfire Resources, oil and gas giant Woodside Petroleum and engineering and construction contractor Monadelphous Group.

Balcatta-based PS Structures has won a $15.6 million contract for an expansion project at Carine Senior High School.

Bryan Carr has decided to step down as non-executive director of SmartTrans Holdings to pursue other interests.

A cartage company has been fined $160,000 after pleading guilty to causing the death of two construction workers in East Perth in 2015 after tilt-up panels fell off a truck.

Struggling RV and accommodation business Fleetwood Corporation has made a pre-emptive move to avoid a board spill, after a major shareholder took steps to call a general meeting.

The federal government has endorsed changes to the livestock export industry designed to improve animal welfare but the WA government says it may still try to ban live sheep exports to the Middle East during the northern hemisphere summer.

David Flanagan-led Battery Minerals has boosted its coffers with a $20 million capital raising to fund construction of its Montepuez graphite project in Mozambique.

Tungsten Mining has announced a $47 million capital raising to progress studies at its Mt Mulgine project in the Murchison region in Western Australia.

Atlas Iron will record a non-cash impairment of up to $100 million in its full-year results after rising costs led to an operating loss in its third quarter.

Swiss-based Dr Samar Al-Behaisi has been appointed chief medical officer and vice president of medical affairs at Race Oncology.

PACT Construction has secured an $11.5 million state government contract for the second stage of construction at Aspiri Primary School in the south-east of Perth.

Melbourne-based P2P Transport has announced plans to acquire Black & White Cabs, which has operations in Western Australia, in a cash and scrip deal worth $8.1 million.

Sheffield Resources has signed a 20-year access agreement with the Port of Derby, allowing the company to export from its planned Thunderbird mineral sands project, located on the Dampier Peninsula.

The board of Tap Oil has recommended shareholders reject a $29.8 million takeover from major shareholder Risco Energy Investments, saying the proposal is opportunistic and undervalues the company.

Former iiNet executive Maryna Fewster has been appointed acting chief executive of Seven West Media's WA operations, following last Friday's surprise announcement that John Driscoll would be steppi

Admedus has appointed Michael Oswell to the newly created role of vice president, development. Based in the US, Mr Oswell has extensive experience in the medical technology industry.

Local engineering firm Lycopodium and Queensland-based Mineral Technologies have been appointed to deliver a pre-feasibility study for Base Resources' Toliara mineral sands project in Madagascar.

Shares in Auris Minerals have risen after the company's joint venture partner, Sandfire Resources, released promising drilling results from the Morck's Well East copper project in the Bryah Basin.