Business News

FIRM Construction has been awarded a $7.9 million contract by the Public Transport Authority of WA for a refurbishment of the Nowergup railcar depot.

Around 38,000 homes in the western suburbs and Fremantle area have been left without power for hours, after a widespread outage hit much of the area this morning.

Rio Tinto has awarded contracts with a combined value of more than $250 million to BGC Contracting and Monadelphous for work on its West Angelas iron ore mine in the Pilbara.

Our daily board moves wrap includes Scott Reid, Brian Thomas, Alistair Cowden, Barry Bolitho, Robin Dean, Victoria Allinson, Dougal Ferguson, and Craig Nelmes.

Our weekly appointment wrap includes Eric Lumsden, John Langoulant, Michael Court, Nicole Lockwood, Terry Agnew, Kerryl Bradshaw, Andrea Sutton, Wayne Zekulich, Keith Hirschman, Tony Sheard, Alex Ogg, Nicholas Chapple, Paul Pryde, Shane Ogilvie, Saschelle Blake, Brett Heather, Richard Peterson, and Howie McKibbon.

The construction company overseeing the 2017 refurbishment of the GPO building in Forrest Place has been fined $38,000 after pleading guilty to charges over the death of a 17-year-old worker on the site.

Botanix Pharmaceuticals is set to raise $40 million via a share placement, less than two months after it released studies suggesting its cannabis compound could be used as an antimicrobial to mitigate superbugs.

Former foreign minister Julie Bishop will become the first female chancellor of the Australian National University.

Dynasty Resources has appointed William Hu as executive director and chief financial officer, and Peter Dillon as chief operations officer.

Alex Ogg has been appointed chief executive of the Western Australian Fishing Industry Council Inc, after serving in the role on an interim basis since May.

A Perth window company and its director have been fined a total of $66,000 for not complying with a building commissioner’s order to fix incorrect glass installed at a Mandurah home.

Greenland Minerals has secured $7 million via a share placement, with the funds raised to advance the development of its Kvanefjeld rare earths project.

Horizon Accountants and Advisory has had an application for an injunction against former employee Raj Rajakaruna denied, after having accused him of breaching contractual non-solicitation and confidentiality clauses.

Woodside Petroleum has awarded a contract to Netherlands-based Boskalis to undertake seabed intervention and shore crossing works for the proposed Scarborough export gas pipeline.

Stuart Carmichael has been appointed independent non-executive director of Swick Mining Services.

A summary of last week's smaller deals that did not get included in our normal coverage of the daily news.

Marketforce has extended its master media advertising contract for the Western Australian Local Government Association (WALGA), making it the agency responsible for WA local government advertising.

Our daily board moves wrap includes Alexander Grant, Trevor O'Connor, Scott Funston, Luke Reinehr, Paul Price, Ted van Heemst, Matthew Syme, Nico van der Hoven, Jurie Wessels, Jeremy King, and Luigi Matteucci.

Central Norseman Gold Corporation (CNGC) has been fined $150,000 in the Kalgoorlie Magistrates Court today over the death of a worker two years ago at the company’s processing plant at its Norseman gold mine.

Zenith Energy has raised $4.8 million via a shortfall placement, having raised just $220,000 in a share purchase plan last month.

Resources services provider Babylon Pump & Power has entered into a conditional agreement to acquire diesel engine specialist Primepower Queensland for up to $4.2 million.

Gernot Abl will be stepping down as non-executive director of Transaction Solutions International at the end of the month.

Our weekly appointment wrap-up includes Donna Carrington, Gary Smith, Chris Kopec, Meredith McClements, John Gardner, John Goodlad, David Flanagan, Erica Smyth, Carmen Lawrence, John Chand

New data from the Australian Institute of Company Directors shows that women make up only 29.7 per cent of directors on ASX 200 boards, with WA’s NRW Holdings and Emeco Holdings among four companies that have no women on their boards.

Investors have welcomed Valmec’s announcement that it expects to record a 64 per cent rise in net earnings for the 2019 fiscal year.

Our daily board moves wrap includes Anthony Mankarios, Mike Johnston, Jonathan Reynolds, Nicholas Anderson, Hansjoerg Plaggemars, Jeremy Kirkwood, Trevor Dixon, Michael Haywood, and Peter Benjamin.

The Agency Group has raised $5.6 million via a placement and rights issue, and struck a deal to convert $5.8 million of debt into equity.

Carnarvon Petroleum plans a $79 million share placement and a $5 million share purchase plan to fund ongoing appraisal activities and initial development phases of its Dorado oil and gas discovery.

A man has been charged after allegedly stealing small pieces of gold from several Western Australian mine sites and selling them for more than $81,000.

David Flanagan will be replaced by former KPMG partner Gary Smith as chancellor of Murdoch University, following the completion of his second term in the role.

Bellevue Gold is seeking to raise $18.5 million via an institutional share placement to fund ongoing exploration at its namesake project, and announced a director sell-down.

Our daily board moves wrap includes Eduard Eshuys, Bruce Parncutt, Steve Morris, Brett Lambert, Simon Grant-Rennick, Juan Wang, Nicholas Ong, and Denis Rakich.