Kerry Stokes-backed Beach Energy has agreed to buy Origin Energy's conventional oil and gas business Lattice Energy, which has a major stake in two operations in the Perth Basin, for nearly $1.6 billion.
Perth-based Monadelphous Group has won a suite of new contracts and extensions for maintenance and construction work around Australia and internationally, to the tune of $220 million.
Northbridge-based Matsa Resources has signed an agreement to acquire Saracen Mineral Holdings’ Red October gold mine near Laverton for about $2 million in cash and shares.
Copper-focused Tiger Resources has secured a $US18.2 million ($A22.9 million) facility agreement with two of its existing lenders, to fund ongoing work it its Kipoi operation in Africa whilst it pursues recapitalisation plans.
Mining contractor Barminco has announced the recruitment of Thiess executive general manager Paul Muller as its new chief executive, succeeding Peter Stokes who resigned last month.
Chris Evans has been appointed chief operating officer, a newly created position, at Altura Mining. He has been Altura’s general manager of operations since July 2015.
Mining executive Darren Townsend has left the top job at Peak Resources to become the chief development officer at Neometals, though he will continue at Peak as a non-executive director.
Health technology company Avita Medical has signed a $US24.3 million ($A30.5 million) expansion to its contract with a US government research agency, for further funding of its ReCell device trials.
Gold junior Red 5 has flagged a further $30 million impairment charge against its Siana gold project in the Philippines, on top of a $70 million write-down on the asset in March.
Seven Group Holdings has raised $375 million to help it buy the remainder of equipment hire company Coates Hire, and plans to tap investors for a further $25 million.
Jason Waller has been appointed chief executive of Spookfish. Mr Waller has extensive experience in defence, aviation, infrastructure, transportation and technology.
Mineral sands miner MZI Resources will spend $5 million to significantly upgrade the output capacity of its Keysbrook operation near Serpentine, which has been underperforming since it came online in 2015.
Gang Xu has been appointed non-executive director of RMA Energy. Mr Xu has more than 20 years of senior management experience with companies in China, Australia and Korea.
Former police minister and Labor member for Balcatta, John Kobelke, has been appointed to head a review of the Swan Valley’s planning framework, Planning Minister Rita Saffioti announced today.
Osborne Park-based software as a service provider Servtech Global has agreed to sell its rent roll business in two parcels totalling $1.5 million to Summit Development Corporation, part of the Summit Homes Group, and Housemart Real Estate.
Shares in West Perth-based energy hopeful Pancontinental Oil & Gas were up 33 per cent today after the company sold part of its stake in a Namibian offshore exploration licence to Africa Energy for $US7.7 million ($9.6 million).
Poseidon Nickel has secured its fourth memorandum of understanding to develop the Lake Johnston nickel project, with today’s move to explore for lithium with Lithium Australia.
