Business News

Jason Waller has been appointed chief executive of Spookfish. Mr  Waller has extensive experience in defence, aviation, infrastructure, transportation and technology.

Recently listed tech company Servtech Global Holdings has won a contract to develop a new app for the Real Estate Institute of Western Australia.

Mineral sands miner MZI Resources will spend $5 million to significantly upgrade the output capacity of its Keysbrook operation near Serpentine, which has been underperforming since it came online in 2015.

Gang Xu has been appointed non-executive director of RMA Energy. Mr  Xu has more than 20 years of senior management experience with companies in China, Australia and Korea.

Former police minister and Labor member for Balcatta, John Kobelke, has been appointed to head a review of the Swan Valley’s planning framework, Planning Minister Rita Saffioti announced today.

Osborne Park-based software as a service provider Servtech Global has agreed to sell its rent roll business in two parcels totalling $1.5 million to Summit Development Corporation, part of the Summit Homes Group, and Housemart Real Estate.

Andi Zain has resigned as non-executive chair of migme.

Castillo Copper has raised $3.4 million as the company seeks to undertake drilling to reopen the Cangai copper mine in NSW.

Shares in West Perth-based energy hopeful Pancontinental Oil & Gas were up 33 per cent today after the company sold part of its stake in a Namibian offshore exploration licence to Africa Energy for $US7.7 million ($9.6 million).

Kula Gold has appointed current non-executive director Mark Bojanjac as non-executive chair.

Poseidon Nickel has secured its fourth memorandum of understanding to develop the Lake Johnston nickel project, with today’s move to explore for lithium with Lithium Australia.

Curtin Law School director, consumer and small business law Eileen Webb has been appointed to the Law Reform Commission of WA.

Xi Xi is no longer a non-executive director of Galaxy Resources.

HearMeOut, an Israel-based social media app developer, has appointed Glenn Whiddon as non-executive chair and David Tasker as executive director.

Welshpool-based Mineral Commodities has signed an agreement with Gold Terrace to earn-in to the Munglinup graphite project West of Esperance in a part cash, part scrip deal worth about $4.6 million.

Dr Guy Anderson, experienced corporate finance and investment banking professional, has been appointed non-executive director of Prosperity Resources.

Henderson-based shipbuilder Austal has received a $US12.3 million ($A15.1 million) contract to provide post-delivery services work to the US Navy, in relation to its provision of littoral combat ships.

Craig Bradshaw has been appointed non-executive director of Genesis Minerals.

Lead and silver explorer Galena Mining has made a positive debut on the ASX after completing a $6 million initial offering.

UPDATED: Lisa Scaffidi has stood down from her duties as Perth's lord mayor, pending an appeal against her 18-month disqualification from holding office for repeatedly failing to disclose gifts and travel, but plans to retain the title and her annual allowance.

Sheena Eckhof has been appointed non-executive director of Taruga Gold. Dan Smith has resigned as non-executive director but will remain as company secretary.

Gold junior Orinoco has tapped investors for a near-$5 million capital raising and a $3 million investment by AngloGold Ashanti, as it progresses development of its Cascavel operation in Brazil.

MEC Resources has advised that current non-executive director Darryl Moore has appointed Matthew Battrick as his alternate director.

NRW Holdings’ recently acquired east coast business, Golding Contractors, has been hired to provide its services to a coal mine in Queensland under a $25 million contract.

Henderson-based shipbuilder Austal has landed its first commercial deal in Taiwan after being hired to build two vessels, with the contract valued at $44 million.

Esports Mogul Asia Pacific has appointed Travis Howle as principal software engineer, Robert Connolly III as product director and Tobias Guse as senior front-end software engineer.

AUSTRAC’s civil penalty proceedings against Commonwealth Bank of Australia won’t appear in the Federal Court until April next year.

Perth lord mayor Lisa Scaffidi has been disqualified from holding any office for 18 months after failing to disclose gifts and travel, but her lawyer will seek to halt the penalty pending an appeal.

Paul Thomson has signed a new service agreement with A-CAP Resources and will transition from his current role of managing director to chief executive.

Former Horizon Power chair Brendan Hammond and MercyCare director Rebecca Tomkinson have been appointed to chair the Pilbara and Wheatbelt development commissions, respectively.

Metals X says the recent closure and subsequent reopening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target.