Business News

Decmil Group has been earmarked for a $NZ60 million ($A56 million) construction contract for work at two prison sites in New Zealand.

The state’s fire and emergency services department will receive a new computer-aided dispatch (CAD) system under a $7 million deal with Motorola, bringing it in line with technology used by WA Police.

David Wheeler has resigned as non-executive chair of Ausmex Mining Group. Joseph Goldberg has been appointed as his replacement.

Bunnings’ property arm, ASX-listed BWP Trust, will deliver a higher distribution payout to its stakeholders after achieving a solid full-year result.

A scholarship fund established in honour of late Western Australian corporate leader Geoff Rasmussen has named its inaugural prize recipient, a chemistry and psychology student at the University of Western Australia.

Precast concrete business WestStar Industrial has acquired a recently formed Perth concreting business in an all-scrip deal worth about $2.2 million.

Local tech company Family Zone Cyber Safety has raised $5.2 million from investors to fund growth opportunities in new markets and bolster its balance sheet.

Nicholas Clark has retired as executive director, strategy at Alexium International Group to focus on his young family in the US following the unexpected loss of his wife last year.

Telstra says its 4G coverage is now within reach of 99 per cent of the national population, following the recent completion of a mobile site in regional Western Australia and other upgrades around the country.

The chief executive of the Cairns Chamber of Commerce has been appointed to succeed Alan Brien as chief executive of Scitech.

Junior miner Millennium Minerals could spend up to $46 million upgrading the processing infrastructure at its Nullagine gold operation to achieve a higher quality of output.

Onshore oil company Buru Energy has tapped investors for $10.2 million to fund ongoing development of its Ungani operation in the Canning Basin.

Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer.

Business school headsThe University of Notre Dame Australia and Curtin University have appointed new heads of their respective business schools.

John Ribbons has resigned as chief financial officer and company secretary of Manhattan Corporation.

Security checking business Veritas has signed a deal to piggyback Australia Post’s bricks and mortar presence ahead of an anticipated surge in demand for identity checks driven by new federal security legislation.

Vicky Papachristos has resigned as non-executive director of Coventry Group.

Perth-based Decmil Group has cut its full-year revenue forecast for the second time in six months and foreshadowed a trading loss in the second-half of the 2017 financial year, along with further impairments.

The Australian Securities and Investments Commission has slapped a five-year ban on a Queensland-based former employee of stockbroking firm Patersons Securities, after he made unauthorised trades on a client account and created false records on two further accounts.

Grant Davey has been appointed executive director of Cradle Resources.

Recently listed tech company G Medical Innovations Holdings has attracted a $US67.5 million ($A83.9 million) deal for the sale of its smartphone jackets to a Chinese company.

Paul Sadleir has announced plans to retire as managing director of Cedar Woods Properties, with chief operating officer Nathan Blackburne to step into the role.

Black Mountain Resources has appointed highly experienced mining professional Bronwyn Barnes as interim chief executive for a 3-month period.

Perth businesswoman Bronwyn Barnes has joined minerals explorer Black Mountain Resources as its interim chief executive, following the departure of Julian Ford earlier this month.

Tim Parker, inaugural chief executive of Gruden Group, has resigned.

Fleetwood Corporation has adopted a new constitution that will make it easier for it to pay dividends, after pressure was applied by an activist shareholder group earlier this year.

London-based Philip Haydn-Slater has been appointed non-executive director of ADX Energy.

Graphex Mining has tapped investors for $2.6 million as it moves ahead with development of its Chilalo graphite project in Tanzania, amid legislative changes to how the country’s government receives mining royalties.

Tempo Australia has announced the acquisition of NSW-based electrical engineering company KP Electric for up to $10.1 million.

Tech Mpire has awarded a business consultancy contract to Mathew Ratty, who was appointed non-executive director of the company in February.

Paladin Energy says it is entitled to receive about $US416 million for its majority stake in the Langer Heinrich uranium mine in Namibia, following an independent evaluation of the asset.

New Century Resources has enjoyed fruitful gains on its first day of trading on the ASX after completing a reverse takeover of Perth-based Attila Resources.