Mineral sands miner MZI Resources has announced a new $US61 million ($80 million) debt funding package with major shareholder Resource Capital Fund to continue development at its Keysbrook operation near Serpentine and facilitate debt restructuring.
Based in the Wheatbelt town of Cunderdin, agricultural machinery manufacturer Trufab Global has been nominated as Australia’s only finalist in the 2018 Swedish Steel Prize.
Perth-based Global Construction Services has been awarded a new three-year scaffolding contract at CITIC Pacific Mining’s Sino Iron project south-west of Karratha.
Former Bunnings managing director John Gillam has been named as the incoming chairman of building products company CSR while Macmahon Holdings has bolstered its board by recruiting former Alcoa executive Kim Horne.
Marindi Metals has signed a memorandum of understanding entitling a government-owned Japanese group to earn a 70 per cent stake in the company’s Caranbirini zinc project in the Northern Territory.
Boss Resources has raised $8 million through a share placement and will use the proceeds to advance a definitive feasibility study at the company’s Honeymoon uranium project in South Australia.
Woodside chief operating officer Mike Utsler is resigning after four-and-a-half years with the company. Meg O'Neill will replace Mr Utsler in May this year. Ms O’Neill was most rece
Chalice Gold Mines has made some board and management changes aimed at unlocking the value of the company’s prospective gold and base metal projects and a strong balance sheet.
Australian shares have plunged to a six-week low after fears of a US-China trade war, with Bluescope Steel and a number of local resources stocks suffering the worst impact.
Australis Oil & Gas has tapped investors for $39.2 million, with the proceeds to allow for drilling to commence at the Tuscaloosa marine shale later this year.
Dotz Nano has appointed John Bullwinkel and Uzi Breier as non-executive directors, replacing Menashe Baruch and Antony Sormann who have both resigned from the board to focus on other business inter
The local arm of Watpac has been awarded a $21 million contract for the construction of a bypass on the Great Northern Highway at Miling in the state’s Wheatbelt region.
A private interstate investor has purchased the Coles complex in Riverton, which includes a supermarket, a First Choice Liquor, a TAB and a 300-bay carpark, for $32 million.
Perth-based contractor Tempo Australia has appointed former Bis managing director Ian Lynass as its chief executive, replacing Max Bergomi after two years in charge.
Graphite explorer Graphex Mining has raised $2.5 million to fund an updated feasibility study and complete finance and offtake arrangements at its Chilalo project in Tanzania.
TPG Telecom has lifted its full-year guidance after first-half underlying profit rose, but the internet provider’s two subsidiaries, iiNet and Internode, are being forced to compensate 11,000 customers following an investigation by the consumer watchdog.
Federal government agency National Energy Resources Australia has approved a $200,000 grant to Carnegie Clean Energy, to cover nearly half the cost of installing solar power at Eni Australia's Blacktip wellhead platform in the Timor Sea.
Doug Halley has been appointed non-executive director of MMJ Phytotech. Mr Halley is an experienced company director, having served on several Australian public company boards.
The Perth housing market has received a strong endorsement, with a survey from the Property Investment Professionals of Australia listing Perth highly as an investment prospect for 2018.
