Business News

Capricorn Metals has made some changes to its board and senior management as it transitions from an explorer to developer-producer.

Perth-based Southern Cross Electrical Engineering has secured a series of contracts in NSW worth about $80 million.

Chris Ellison-led Mineral Resources has loaded the first train of iron ore from its recently acquired Koolyanobbing mine near Southern Cross.

CIMIC Group’s Thiess has been awarded a contract to install autonomous haulage system technology at Fortescue Metals Group’s Christmas Creek iron ore operations in the Pilbara.

Navitas founder Rod Jones has stepped down from the board to manage his conflict of interest in relation to the $2 billion indicative takeover proposal for the education services company.

Stephen Copulos has retired as non-executive chair of Black Rock Mining.

Treasurer Josh Frydenberg has rejected a Chinese consortium's proposed $13 billion purchase of APA Group, saying the deal would result in an undue concentration of foreign ownership of the country's gas transmission pipelines.

The Woodside-operated North West Shelf Venture has struck a preliminary deal to process LNG for the Browse project and Chevron’s Clio-Acme gas fields.

The board of Kin Mining says costs at its Leonora gold project could have blown out by up to 50 per cent, after the explorer today released an engineering report that was leaked online earlier this week.

Appy Wedding is a wedding planning platform that allows users to browse real weddings to identify the best local suppliers.

Gabriel Chiappini has been appointed joint company secretary of Adriatic Metals. Mr  Chiappini has acted as the Australian Local Agent since the company’s IPO in May 2018.

Strandline Resources has boosted its coffers with a $3 million capital raising to fund development its mineral sands projects in Tanzania and Western Australia.

The state government is set to receive nearly $190 million by selling its stake in online settlements company Property Exchange Australia.

Pindan has secured a state government contract as part of a project to build a new headquarters for the WA branch of the Returned and Services League on St Georges Terrace.

Lycopodium has secured an engineering contract with Scarborough-based West African Resources for its Sanbrado gold project in Burkina Faso, which has commenced early works.

Baraka Energy & Resources has appointed the MSA Group and Dr Frieder Reichhardt as independent technical vanadium consultants.

The downward trend in new vehicle sales in Western Australia has continued for a fifth straight month, according to the latest data from the Federal Chamber of Automotive Industries.

The National Broadband Network is significantly outperforming ADSL services, according to a new report released by the consumer watchdog.

Shark Bay shellfish producer Mareterram is set to report a fall in earnings for 2018 due to a significant reduction in prawn catch compared with last year.

Alan Campbell has been appointed non-executive chair of Manas Resources.

The federal government expects to raise $6 billion over the next decade from changes to the taxation of Australia's big oil and gas producers.

CIMIC Group’s Broad Construction has secured an $84.8 million state government contract to complete an expansion at the Casuarina Prison south of Perth.

King River Copper has put a $2 billion-plus price tag on its Speewah vanadium project near Kununurra, while TNG has appointed German group SMS to complete an engineering study for its vanadium project in the Northern Territory.

Property industry bodies have congratulated the McGowan government on passing the Strata Titles Amendment Bill 2018 through Parliament, which it says will bring a range of benefits for strata living arrangements through better regulation of strata managers and improved dispute resolution processes.

Keith Gordon has been appointed non-executive director of Ausdrill.

West Perth-based Emerald Resources has tapped investors for $27 million to fund exploration at the company’s Okvau gold project in Cambodia.

Shares in Ausdrill have slumped nearly 10 per cent today, after the mining services company said it had not secured a contract extension in Ghana.

The Village, Australind Shopping Centre, and the adjacent Mardo Commercial Centre have been acquired by Acure Asset Management for $39.43 million from private property company the Vukelic Group, representing a yield of 8.3 per cent

Andrew Forrest has upped his stake in Fortescue Metals Group after buying $15 million worth of shares in the iron ore miner last week.

Admedus has appointed Stephen Denaro as non-executive director and company secretary.

The federal government today launched a new wage subsidy trial targeting apprenticeships in rural and regional areas, which will invest $60 million across a range of trades

88 Energy has announced the sudden passing of non-executive director Brent Villemarette.