Business News

Kalia has appointed Peter Batten, a geologist with 35 years of experience, as technical director.

Perth-based Eden Innovations’ concrete admixture has been approved by the Oregon Department of Transportation, with EdenCrete now permitted for use in 11 US states.

Perth-based Volt Resources has raised $4.7 million through a strongly supported exercise of listed options, with the proceeds to be used to develop the company’s Tanzanian graphite project.

Engineering and construction group Valmec has tapped investors for $5.1 million through a strongly supported share placement that will strengthen the company’s balance sheet.

Kin Chan has resigned as non-executive director of Mount Gibson Iron due to increased business commitments. 

City of Perth Lord Mayor Lisa Scaffidi says she is focused on diversifying the city’s economy away from the mining industry as she returns to work after a four-month absence.

Troubled sandalwood producer Quintis says its board intends to advise shareholders to vote against a series of resolutions to spill the board, while also announcing a one week extension on its forbearance agreement.

Mustang Resources has secured a $19.9 million funding package from US institutional investor Arena Investors LP through a multi-tranche convertible note facility, while also announcing plans to raise up to $4 million via an entitlement offer.

The state government has announced six more local businesses that will operate at the new $75 million Yagan Square development, set to be opened next month.

International Goldfields has appointed Kenneth Keogh and Nicholas Sage as non-executive directors, following the resignations of Ray Shorrocks and Steve Brockhurst from the board.

Australia is in a commanding position after the second day of the final Ashes test, sitting at 2-193 with Steve Smith unbeaten on 44 and Usman Khawaja on 91.

The state government has approved an application from local business Old Salt to install a $2 million event barge on the Swan River near Elizabeth Quay.

Belmont-based Pindan has been awarded an $18 million state government building contract in Carnarvon, while Bunbury-based Perkins Builders has received an $8 million government contract.

Struggling gold producer Blackham Resources has released positive production results for December after being given a two-week reprieve on a $14 million debt repayment earlier this week.

Western Power has engaged digital marketing agency Bonfire to broaden the utility’s engagement with customers beyond the traditional means.

Andrew Steers, who joined Vector Resources on a short-term contract in September 2017, has been appointed chief financial officer on a permanent basis.  He will also assume the role of company

Western Australia’s automotive industry has finished the year down 2.5per cent in new vehicle sales relative to last year, after a drop in sales for December ended a two-month run of strong growth.

Simon Jessop has been appointed chief operating officer of Saracen Mineral Holdings.

Subiaco-based Blaze International has announced that it will acquire mining company Everest Minerals via the issue of 48,500,000 million shares to Everest shareholders.

Regional Express has been selected by the state government as the preferred airline for the Perth-Carnarvon-Monkey Mia air route while Skippers Aviation was nominated to remain in operation at the Perth-Northern Goldfields routes.

A new Perth-based cryptocurrency exchange is aiming to be in operation in the first quarter of 2018 after the company recently raised $750,000 in private funding.

Perth-based technology company DTI Group has won a $US7.2 million ($9.5 million) contract to install CCTV surveillance systems on light rail vehicles in the US over the next 18 months.

The City of Fremantle has shortlisted six companies for the building contract for the civic building and library as part of the $270 million Kings Square redevelopment, while also announcing the demolition contractor for the council’s old administration building.

Mining contractor Resource Development Group has been awarded a concrete and civil works contract worth more than $9 million at Mineral Resources’ Wodgina lithium project in the Pilbara.

Klaus Eckhof, long serving director of Amani Gold, will move to a part-time executive capacity as director for strategy & business development.

Perth housing prices are continuing to stabilise after three years of weakness, in marked contrast to substantial falls in Sydney and Darwin.

ResApp Health, a digital health company developing smartphone applications for the diagnosis and management of respiratory disease has appointed Nathan Buzza as non-executive director.

Dr Stephen Ward has retired as non-executive director of MZI Resources, having served on the board since March 2015.

Kelly Moore has resigned as joint company secretary of Valor Resources. Paula Cowan will become the sole company secretary, in addition to her role as non-executive director.

Danakali has appointed Danny Goeman as chief executive. Mr  Goeman is a highly experienced mining industry professional who joined Danakali in 2016 as head of marketing.

Perth-based TNG has commissioned Carnegie Clean Energy's subsidiary Energy Made Clean to evaluate renewable energy options to power its Mount Peake vanadium titanium project.

Southern Cross Electrical Engineering has been awarded a number of new commercial and public infrastructure contracts across Australia totalling more than $90 million, including $66 million of work at a new section of the Westmead Hospital in New South Wales.