Christopher Rowe

WHAT do meatworkers, corporate advisory firm Mainsheet Corporate and emerging technology company Smarttrack Pty Ltd have in common?

Far away from the carnage in the iron ore sector, directors at select Western Australian companies in the gold, oil and gas and engineering sectors are being handsomely rewarded through the exercise of share options and the vesting of performance rights.

Northern Star Resources shares have slumped sharply on the ASX today, after the gold miner announced that its major shareholder and members of its board of directors had agreed to sell a combined 10 per cent stake in the company to a group of institutional investors.

UNDERSTANDING the growing complexity of remuneration packages is a challenging exercise for investors seeking to determine the value, or otherwise, offered by a company’s management team.

Northern Star Resources has announced that director Michael Fotios has resigned from the company's board and will take up a position as a consultant to the gold miner.

A business led by Northern Star Resources chairman Chris Rowe has capitalised on cost cutting by oil and gas companies to position itself among the world’s elite commercial operators of underwater drones.

Heron Resources has appointed Peter Rozenauers and Ricardo De Armas as non-executive directors. Mr  Rozenauers is a portfolio manager with Orion Mine Finance and Mr  De Armas is an investment professional at Castlelake.

Mineral Resources founder Chris Ellison has raised $36.9 million from the sale of some of his shares in the mining services group, adding to a string of big share sales by WA company directors who have cashed in on strong market rallies.