Andrew and Nicola Forrest’s Minderoo Foundation has pledged up to $2 million to The Nature Conservancy to undertake a series of activities to improve the Swan-Canning Estuary’s health, including the restoration of lost shellfish reefs.
Scott Morrison says he has high expectations for his new ministry, with Western Australians Christian Porter, Linda Reynolds and Ken Wyatt among those to be promoted.
Mincor Resources has raised $18 million in a share placement and is seeking to secure an additional $5 million via a share purchase plan to facilitate the restart of its Kambalda nickel operations.
Crusader Resources is seeking to raise $4.1 million via a rights issue, while Amani Gold has raised $3 million through a share placement, as both juniors seek to advance their gold projects.
Mincor Resources is moving closer towards a revival of its nickel operations after it acquired the Long mine from Independence Group for up to $9.5 million and announced a capital raising.
The state government says it will fix a planning loophole that enabled small housing subdivisions in WA to be built without connection to telecommunications infrastructure.
Ausdrill’s earthmoving parts and equipment subsidiary, BTP, has been awarded a three-year contract extension worth $126 million with Peabody Australia.
Force Commodities has appointed London-based metals trading and marketing specialist, Simon Grant-Rennick, to assist in discussions with global commodity trading groups in London,
Advanced Share Registry has estimated its profit it will decrease by around $350,000 this financial year, which it said is partly due to a reduction in corporate activity.
NRW Holdings has denied media speculation it is in advanced discussions to acquire BGC Contracting, but it has not explicitly ruled out interest in the privately owned business.
Phillip Hartog has resigned as company secretary of Kalia. He will be replaced by Catherine Grant-Edwards and Melissa Chapman as joint company secretaries.
Myanmar Metals is seeking to raise $30 million for its flagship Bawdwin zinc-lead project in the South East Asian country, via a share placement and rights issue.
NRW Holdings’ subsidiary, RCR Mining Technologies, has secured $18 million worth of works at Rio Tinto’s Koodiaderi project, less than a week after NRW announced it won a $137 million contract at the $3.5 billion iron ore development.
Seven West Media has flagged a fall in full-year earnings of up to $25.6 million, which the Kerry Stokes-owned company blamed on a weak advertising market.
Our daily board moves wrap includes Michael Konnert, Vince Ippolito, Patrick Holywell, Anthony Mankarios, Keith Smith, Travis McKenzie, Tim Wilson, and XiaoHua Liu.
Norwood Systems has closed its partially underwritten one-for-four entitlement offer, raising $1 million. Valid applications were made for $289,786 of shares, at 0.3 cents a share.
Privately-owned Perth company Perron Group has added to its vast property portfolio by purchasing a 50 per cent stake in Sydney's Westfield Burwood shopping centre for $575 million.
Botanix Pharmaceuticals has appointed Vince Ippolito as its president in the US, and subject to shareholder approval, he will also assume the role of executive chairman for the company.
Our daily board moves wrap includes Michael Bourguignon, Malcolm Smartt, Justin Walawski, Danny Segman, David Phillips, Joseph Ohayon, Tim Kestell, and Simon Andrew.
Shares in NRW Holdings have closed trade up 10.65 per cent, after it secured an earthworks contract at Rio Tinto’s $3.5 billion Koodaideri iron ore project in the Pilbara.
Virgin Australia expects to report a full-year underlying earnings loss of at least $35.6 million and has warned that weaker domestic demand could push that out further.
Our weekly appointments wrap includes Maria Saraceni, Katrina Lane, Robert Cunningham, Wayne Crofts, Ellen Wang, Deirdre Pennock, Tony Le and Todd Richardson.
