Shares in West Perth-based Raiden Resources (previously SubZero Group) enjoyed strong gains today after they started trading on the ASX, following a two-year restructuring of the company and acquisition of a copper-gold project in Serbia.
The corporate watchdog has banned Perth-based financial adviser Philip Leake from providing financial services for the next five years after he was found to have given poor advice to a number of clients.
A local landscaping company has suspended trading and operations due to financial viability problems a fortnight after one of the state's biggest builders, Cooper & Oxley, went into administration.
Gold miner Doray Minerals has raised $25 million to reduce debt and increase exploration at its Deflector project, which is located 160 kilometres east of Geraldton.
Nev Power has resigned as chief executive of Fortescue Metals Group. The company has appointed current chief financial officer and executive director Elizabeth Gaines as its new chief executive.
WA Super has finalised its merger with fellow local superannuation fund Concept One, with the pair combining to form a $3.4 billion fund with more than 60,000 members.
Shares in mining equipment supplier Imdex have jumped 8.3 per cent today after the company announced a half-year profit of $10.6 million, with revenue up 28 per cent on the corresponding period last year.
Cash Converters International has recorded an 18 per cent decline in net profit for the half year to December as the company transitions its business under chief executive Mark Reid.
Limestone Building Blocks Company has been handed a $65,000 fine after a worker at its Nowergup manufacturing plant was seriously injured when he became trapped in a block-making machine last year.
City of Perth chief executive Martin Mileham has taken indefinite leave, with Lord Mayor Lisa Scaffidi explaining today that his move comes after a private investigation by law firm Herbert Smith Freehills late last year.
Helix Resources has appointed Tim Kennedy as non-executive director. Mr Kennedy is an experienced exploration executive with a 30-year career in the mining industry.
Balcatta-based Orbital Corporation recorded an unaudited $1.5 million after-tax loss for the first half of the financial year, but expects a profit in its full-year result, as it shifts focus to building engine parts for unmanned aerial vehicles.
Legal proceedings started by two eSense-Lab directors, including Otsana Capital director Brendan de Kauwe, against the life sciences company in Israel have been dismissed.
Lithium hopeful Prospect Resources has repriced its recently announced $10 million capital raising, with last week’s slump in the stock market forcing the company to drop the proposed share price.
The state government has endorsed findings by the Environmental Protection Authority that will allow for urban development on a portion of land near an Alcoa waste dump in Perth’s southern suburbs.
Wesfarmers, Woodside Petroleum and South32 were among Australian shares that closed lower in the wake of another overnight collapse on Wall Street but local losses were relatively contained as many Asian markets tumbled steeply.
Decmil Group has been awarded two contracts totalling $37 million for road construction work in Victoria, which includes $29 million worth of work for VicRoads
