Local entrepreneur Mark Lapins’ Quantify Technology has wrapped up its first day of trading on the ASX, after completing a reverse takeover of WHL Energy and raising $5 million from investors.
Junior explorer AVZ Minerals has become subject to Supreme Court action after a Mauritius-based private resources investment firm claimed ownership of a lithium deposit in the Democratic Republic of Congo, which AVZ said last month it would be acquiring a major stake in.
Listed communications and ICT services provider Inabox Group has grown its local presence with the acquisition of Perth-based Logic Communications for $1.5 million in cash.
One of the three prime contractors undertaking the state government’s GovNext ICT infrastructure project has recruited Perth-based IT services provider Empired as a subcontractor under a $15 million deal.
Subiaco-based Lucapa Diamond Company has sold $9.1 million of alluvial diamonds from its Lulo operation in Angola, bringing its total sales from that site to more than $100 million.
Drivers will be able to turn left on red lights at 10 intersections across Perth under a trial announced by Liberal Transport Minister Bill Marmion if the party is re-elected next Saturday.
Mining services business Ausdrill has won a $70 million extension to its contract for work at Peabody Energy Corporation’s coal mines on the east coast.
Spanish-controlled CIMIC Group has stood its ground over its Macmahon Holdings takeover play, telling the market today it would not lift its offer price despite the target entering into a counter-agreement with an Indonesian miner.
Swift Networks has won a contract to provide its services to Shell at the energy giant’s Prelude LNG project in the state’s north-west for an undisclosed sum.
Top-tier Australian female managers earn $93,000 less than their male counterparts, according to a report released today analysing graduate positions up to senior level management roles.
BC Iron is branching out of its iron ore focus by spending up to $10.5 million as part of a joint venture with freshly listed sulphate of potash explorer Kalium Lakes.
GR Engineering Services has been contracted for work on Eni Australia’s Blacktip Gasfield operations in the Timor Sea, with the value of the work undisclosed.
Force Commodities has appointed Mark Darras as independent non-executive chair and Alistair Stephens as executive director. Current non-executive chair Charles Thomas and managing director Rocco Tass
Kidman Resources has bought two lithium tenements from nickel miner Western Areas in a $6 million all-scrip deal, while Lithium Australia has signed a memorandum for a joint venture in Germany.
