Business News

Goldminer Regis Resources has reported a 9 per cent drop in first-half net profit despite recording higher revenue, while halving its interim dividend.

NEXION Networks has signed a contract with multinational technology business IBM to deploy a series of its cloud services products in WA.

Our board moves wrap includes Peter Williams, Simon Bolster, Antony Beckmand, James Searle, Bill Beament, John Fitzgerald, Mick McMullen, and Darren Stralow.

Energy and infrastructure services contractor Valmec has confirmed a 13 per cent annual rise in earnings, attributing the growth to strong performance across the water and resources sectors.

There were seven insolvency appointments to Western-Australian-incorporated companies over the past fortnight.

Our board moves wrap includes Joanne Kendrick, Malcolm King, Samantha Tough, Eve Howell, Michael Gray, Joel Nicholls, and HuaDong Guo.

ASX-listed Macmahon Holdings has reported higher annual earnings, attributing the growth to contracted work in its underground mining division.

Perenti’s underlying profitability took a $16 million hit in the six months to December, as COVID-19 and the strong Australian dollar weighed on the mining services business.

Monadelphous has reported a rise in both its first-half revenue and profit but has expressed concern about skilled labour shortages.

Our board moves wrap includes Stephen McIntosh, Manuel Ramos, Karen Smith, Tom Wilcox, and Oonagh Malone.

Hastings Technology Metals is seeking another $44 million to advance its Yangibana project, just days after receiving $57 million for the same purpose.

Mining contractor MACA has reported revenue of $467.2 million in the first half of the financial year, most of which can be attributed to work in the gold sector.

DUG Technology has reported first-half revenue of $24.2 million as the company continues to recover its earnings to pre-COVID-19 levels.

Our board moves wrap includes Wayne Bramwell, Annie Guo, Garret Dixon, and Warwick Davies.

Oil and gas major Woodside Petroleum has secured another long-term sale for its Scarborough LNG project with a German customer.

Our weekly appointments wrap includes Rouchelle Macdonald, Denise Cheir and Oliver Mortensen.

Our board moves wrap includes Dougal Ferguson, Kate Stoney, Carol New, Charles Schaus, Anastasios Arima, Patrick Glovac, and Mark Connelly.

Perth-based Deep Yellow has secured $40.8 million from investors to progress the development of a uranium project in Namibia.

Rare earth company Hastings Technology Metals has secured funds from a share placement to progress the construction of its Yangibana joint venture in Western Australia.

Our board moves wrap includes Neil Inwood, John Welborn, Mark Pearce, Pascal Blampain, and Gary Foster.

The latest job vacancy figures released by the National Skills Commission have highlighted the tight labour market in Western Australia, with demand for labourers now at an eight-year high.

Our board moves wrap includes Tim Davidson, Paul Adams, Jeff McGlinn, Oludare Odumosu, and Richard Hopkins.

Northern Minerals has completed an oversubscribed share placement, with the funds going towards exploration at the company’s rare earths projects in WA and the Northern Territory.

Shares in BARD1 Life Sciences have more than doubled, after the diagnostics business revealed its SubB2M technology can be used to detect all stages of breast cancer.

Our board moves wrap includes Brenda Berlin, Sam Randazzo, John Richards, Martin Reed, Roric Smith, Sally Langer, Samantha Tough, Anthony Kiernan, Raleigh Finlayson, Rochelle Macdonald, and Lino Bruno.

Perth-based 88 Energy has announced the resignation of its managing director while completing an oversubscribed share placement of $12 million.

National construction company Georgiou Group has secured the non-process infrastructure contract for the second phase of Rio Tinto’s Western Turner Syncline mine expansion.

Our weekly appointments wrap includes Patima Tantiprasut, Gary Wainwright, Jonathan Fisher and Ian Goldberg.

Our board moves wrap includes Tracey Arlaud, Tony Ottaviano, and David Richards.

ASX-listed GR Engineering Services has secured work on Pantoro's gold project in Western Australia under a $57.2 million contract.

Listed contractor Civmec has almost doubled its first-half net profit and earnings while declaring its first interim dividend.

Our board moves wrap includes Trevor Eton, Rebecca Moylan, Stewart Howe, Andy Tran, and Tony Thomas.