Mining contractor Macmahon Holdings has announced that Giles Everist is moving from a non-executive director role to become the company’s chief financial officer.
Sydney-based Spring Financial Group has announced it will acquire Perth-based financial planning firm Wealth Today, led by managing director Greg Pennells, for $1.67 million.
The Australian share market has closed in positive territory, with further takeover activity and a strong day for miners and banks driving the market to fresh post-GFC highs.
Volt Power Group has announced it will purchase a stake in two Western Australian mining services businesses for more than $6 million, while also raising $4.75 million through a share placement.
The number of workers on big projects in Western Australia is likely to stabilise at just one quarter of the peak level recorded during the mining construction boom, and that’s only if planned projects get approved, a new study has found.
Aspiring gold miner KIN Mining has tapped investors for $10 million as the company increases exploration work at its Leonora project in the Goldfields region.
MMA Offshore major shareholder Halom Investments has withdrawn its annual meeting resolution to remove the oil and gas company’s managing director Jeff Weber one day before the meeting.
Rio Tinto will increase the number of unmanned autonomous haul trucks it uses in the Pilbara by more than 50 per cent as part of a $500 million productivity drive in its iron ore business.
Australian shares have climbed higher in early trade as gains in commodities markets and a strong close on Wall Street on Friday boost local sentiment.
Quintis chairman Dalton Gooding has come under fire from company founder and former chief executive Frank Wilson and other shareholders at a heated annual meeting today.
Nova 937 chief Gary Roberts has been in radio all his life, with his many industry achievements including launching two successful radio stations in Perth – 22 years apart.
Shares in Global Energy Ventures have recommenced trading on the ASX today following a $4 million capital raising and the purchase of a Canadian marine transport technology business.
National Australia Bank says it will stop lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support for the sector.
The share market has lost ground as gains for materials and energy companies were offset by falls in the utilities and property trust sectors, and the Australian dollar has been boosted by strong jobs growth.
Western Australia's unemployment rate rose to 6.6 per cent in November despite 8,500 jobs being created, while the national unemployment rate has remained unchanged even though the economy added far more jobs than expected in November.
Listed real estate firm Agency Group Australia, formerly Ausnet Financial Services, has acquired three arms of struggling tech company Servtech Global Holdings for less than $1 million, while also announcing a $3 million capital raising.
Perth-based CITIC Pacific Mining has hit its 2017 production target of 15 million tonnes of magnetite concentrate at its Sino Iron project in the Pilbara, while also releasing a study that shows spending of $51 billion in Western Australia over the next 40 years.
The state’s political and business leaders need to make sensible decisions to ensure WA embraces the opportunities available to it as the economy recovers.
Western Australia’s adverse population trends have continued in the 12 months to June, with overall growth of just 0.8 per cent while less people are coming from interstate and overseas.
Former Metropolitan Cemeteries Board director Dominique Mecoy will take the helm at Leadership WA in the new year, replacing Robin McClellan who served in the role for two years.
Engineering and construction contractor Monadelphous has secured a series of contracts worth about $110 million, including a three-year deal for work at the Muja power station in Collie.
The consumer watchdog plans to oppose the proposed takeover of Woolworths service stations by BP Australia, saying the deal would substantially lessen competition.
