Business News

Minerals Council of Australia chair Vanessa Guthrie has announced the resignation of chief executive Brendan Pearson after four years at the helm.

Mining contractor Barminco has announced the recruitment of Thiess executive general manager Paul Muller as its new chief executive, succeeding Peter Stokes who resigned last month.

Chris Evans has been appointed chief operating officer, a newly created position, at Altura Mining. He has been Altura's general manager of operations since July 2015.

Mining executive Darren Townsend has left the top job at Peak Resources to become the chief development officer at Neometals, though he will continue at Peak as a non-executive director.

Health technology company Avita Medical has signed a $US24.3 million ($A30.5 million) expansion to its contract with a US government research agency, for further funding of its ReCell device trials.

Gold junior Red 5 has flagged a further $30 million impairment charge against its Siana gold project in the Philippines, on top of a $70 million write-down on the asset in March.

Seven Group Holdings has raised $375 million to help it buy the remainder of equipment hire company Coates Hire, and plans to tap investors for a further $25 million.

Chris Adams has joined the board of Newzulu as non-executive director.

Mobile and e-health company, G Medical Innovations Holdings, has appointed Ashley Krongold as non-executive director.

The consumer watchdog says some car manufacturers could be breaching Australian consumer law by leaving dealers high and dry over customer complaints.

Jason Waller has been appointed chief executive of Spookfish. Mr Waller has extensive experience in defence, aviation, infrastructure, transportation and technology.

Recently listed tech company Servtech Global Holdings has won a contract to develop a new app for the Real Estate Institute of Western Australia.

Mineral sands miner MZI Resources will spend $5 million to significantly upgrade the output capacity of its Keysbrook operation near Serpentine, which has been underperforming since it came online in 2015.

Gang Xu has been appointed non-executive director of RMA Energy. Mr Xu has more than 20 years of senior management experience with companies in China, Australia and Korea.

Former police minister and Labor member for Balcatta, John Kobelke, has been appointed to head a review of the Swan Valley's planning framework, Planning Minister Rita Saffioti announced today.

Osborne Park-based software as a service provider Servtech Global has agreed to sell its rent roll business in two parcels totalling $1.5 million to Summit Development Corporation, part of the Summit Homes Group, and Housemart Real Estate.

Andi Zain has resigned as non-executive chair of migme.

Castillo Copper has raised $3.4 million as the company seeks to undertake drilling to reopen the Cangai copper mine in NSW.

Shares in West Perth-based energy hopeful Pancontinental Oil & Gas were up 33 per cent today after the company sold part of its stake in a Namibian offshore exploration licence to Africa Energy for $US7.7 million ($9.6 million).

Kula Gold has appointed current non-executive director Mark Bojanjac as non-executive chair.

Poseidon Nickel has secured its fourth memorandum of understanding to develop the Lake Johnston nickel project, with today's move to explore for lithium with Lithium Australia.

Curtin Law School director, consumer and small business law Eileen Webb has been appointed to the Law Reform Commission of WA.

Xi Xi is no longer a non-executive director of Galaxy Resources.

HearMeOut, an Israel-based social media app developer, has appointed Glenn Whiddon as non-executive chair and David Tasker as executive director.

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.

Dr Guy Anderson, experienced corporate finance and investment banking professional, has been appointed non-executive director of Prosperity Resources.

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.

Craig Bradshaw has been appointed non-executive director of Genesis Minerals.

Lead and silver explorer Galena Mining has made a positive debut on the ASX after completing a $6 million initial offering.

UPDATED: Lisa Scaffidi has stood down from her duties as Perth's lord mayor, pending an appeal against her 18-month disqualification from holding office for repeatedly failing to disclose gifts and travel, but plans to retain the title and her annual allowance.