Business News

Regional Express has been selected by the state government as the preferred airline for the Perth-Carnarvon-Monkey Mia air route while Skippers Aviation was nominated to remain in operation at the Perth-Northern Goldfields routes.

A new Perth-based cryptocurrency exchange is aiming to be in operation in the first quarter of 2018 after the company recently raised $750,000 in private funding.

Perth-based technology company DTI Group has won a $US7.2 million ($9.5 million) contract to install CCTV surveillance systems on light rail vehicles in the US over the next 18 months.

The City of Fremantle has shortlisted six companies for the building contract for the civic building and library as part of the $270 million Kings Square redevelopment, while also announcing the demolition contractor for the council’s old administration building.

Mining contractor Resource Development Group has been awarded a concrete and civil works contract worth more than $9 million at Mineral Resources’ Wodgina lithium project in the Pilbara.

Klaus Eckhof, long serving director of Amani Gold, will move to a part-time executive capacity as director for strategy & business development.

Perth housing prices are continuing to stabilise after three years of weakness, in marked contrast to substantial falls in Sydney and Darwin.

ResApp Health, a digital health company developing smartphone applications for the diagnosis and management of respiratory disease has appointed Nathan Buzza as non-executive director.

Dr Stephen Ward has retired as non-executive director of MZI Resources, having served on the board since March 2015.

Kelly Moore has resigned as joint company secretary of Valor Resources. Paula Cowan will become the sole company secretary, in addition to her role as non-executive director.

Danakali has appointed Danny Goeman as chief executive. Mr  Goeman is a highly experienced mining industry professional who joined Danakali in 2016 as head of marketing.

Perth-based TNG has commissioned Carnegie Clean Energy's subsidiary Energy Made Clean to evaluate renewable energy options to power its Mount Peake vanadium titanium project.

Southern Cross Electrical Engineering has been awarded a number of new commercial and public infrastructure contracts across Australia totalling more than $90 million, including $66 million of work at a new section of the Westmead Hospital in New South Wales.

Shares in Sky and Space Global have soared after announcing it had secured a $US30 million ($40 million) contract for a Nigerian company to use its nanosatellite technology for the next five years.

Korean car maker Kia Motors will increase its offering at DVG Automotive Group dealerships in Midland and Morley after recent showroom upgrades worth more than $1 million.

After announcing yesterday a significant contract with Cross Yarra Partnership in Melbourne, Osborne Park-based Veris has today secured further surveying works contracts in the eastern states worth

Kyla Garic has resigned as joint company secretary of Calidus Resources. James Carter, current chief financial officer, will become the sole company secretary.

Tech company Hazer Group has signed a binding agreement with Mineral Resources to develop a facility to produce synthetic graphite.

Kidman Resources has strengthened its board with the appointment of resources industry leader John Pizzey as chairman and Aaron Collernan as director.

Energy and infrastructure contracting group Valmec has secured $30 million in new construction contracts, including a 4 kilometre gas pipeline at Dacian Gold’s Mt Morgan project.

Atlas Iron has struck a deal with lithium developer Pilbara Minerals to purchase up to 1.4 million tonnes of direct shipping lithium ore over the next 15 months.

Sydney-based gas company AWE has upgraded its Waitsia 2P reserves by 80 per cent, now ranking it in the top five largest gas fields ever discovered onshore in Australia.

ASX-listed AnaeCo has gone into administration after Monadelphous Group terminated an $11.5 million contract with the waste technology company and a Chinese enterprise.

Darren Wasylucha has been appointed chief corporate officer of Australis Oil & Gas.

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.

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.

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.

Clarification

Harry Karelis has resigned as executive director of AusCann Holdings in order to concentrate on other business ventures.

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.