Business News

CBH Group has announced a surprise selection as its new chief executive, recruiting former BHP iron ore boss Jimmy Wilson to succeed Andrew Crane.

Esports company eSports Mogul Asia Pacific has appointed Kris Robinson as chief operating officer.

Northbridge-based Matsa Resources has locked in a $4 million loan facility agreement to fund ongoing exploration work at its Lake Carey gold project near Laverton.

Travel time estimates on Perth’s freeways will be displayed on electronic signs in real-time from today, as the state government puts the wheels in motion for about $140 million of freeway upgrades.

Wayne Reid has resigned as non-executive deputy chair, and Tim Slate has resigned as non-executive director and company secretary of Premiere Eastern Energy.

Perth-based SRG has won a $26.5 million contract for work on an LNG project in Kuwait for Hyundai Engineering and Construction.

West Perth firm Peter Hunt Architect has won a $2.2 million contract to design the new Armadale Courthouse and Police Complex.

Perth businessman Craig Coleman has been chosen to lead the board of biotech company Universal Biosensors Inc, as part of a board and management shake-up.

Northern Minerals has received backing from the federal government for an $8.1 million Aboriginal training-to-work program at its Browns Range project in the Kimberley.

Amber Stanton has been appointed general counsel and company secretary of Resolute Mining.

Peter Stokes has tendered his resignation as chief executive of Barminco, with the mining contractor to begin searching for his successor.

Casinos operator Crown Resorts will not reveal its plans for lifting its ailing VIP high-roller business, after reporting a 15.5 per cent fall in normalised net profit for the 2017 financial year.

Decmil Group has been earmarked for a $NZ60 million ($A56 million) construction contract for work at two prison sites in New Zealand.

The state’s fire and emergency services department will receive a new computer-aided dispatch (CAD) system under a $7 million deal with Motorola, bringing it in line with technology used by WA Police.

David Wheeler has resigned as non-executive chair of Ausmex Mining Group. Joseph Goldberg has been appointed as his replacement.

Bunnings’ property arm, ASX-listed BWP Trust, will deliver a higher distribution payout to its stakeholders after achieving a solid full-year result.

A scholarship fund established in honour of late Western Australian corporate leader Geoff Rasmussen has named its inaugural prize recipient, a chemistry and psychology student at the University of Western Australia.

Precast concrete business WestStar Industrial has acquired a recently formed Perth concreting business in an all-scrip deal worth about $2.2 million.

Local tech company Family Zone Cyber Safety has raised $5.2 million from investors to fund growth opportunities in new markets and bolster its balance sheet.

Nicholas Clark has retired as executive director, strategy at Alexium International Group to focus on his young family in the US following the unexpected loss of his wife last year.

Telstra says its 4G coverage is now within reach of 99 per cent of the national population, following the recent completion of a mobile site in regional Western Australia and other upgrades around the country.

The chief executive of the Cairns Chamber of Commerce has been appointed to succeed Alan Brien as chief executive of Scitech.

Junior miner Millennium Minerals could spend up to $46 million upgrading the processing infrastructure at its Nullagine gold operation to achieve a higher quality of output.

Onshore oil company Buru Energy has tapped investors for $10.2 million to fund ongoing development of its Ungani operation in the Canning Basin.

Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer.

Business school headsThe University of Notre Dame Australia and Curtin University have appointed new heads of their respective business schools.

John Ribbons has resigned as chief financial officer and company secretary of Manhattan Corporation.

Security checking business Veritas has signed a deal to piggyback Australia Post’s bricks and mortar presence ahead of an anticipated surge in demand for identity checks driven by new federal security legislation.

Vicky Papachristos has resigned as non-executive director of Coventry Group.

Perth-based Decmil Group has cut its full-year revenue forecast for the second time in six months and foreshadowed a trading loss in the second-half of the 2017 financial year, along with further impairments.

The Australian Securities and Investments Commission has slapped a five-year ban on a Queensland-based former employee of stockbroking firm Patersons Securities, after he made unauthorised trades on a client account and created false records on two further accounts.

Grant Davey has been appointed executive director of Cradle Resources.