Business News

ASX-listed retail group Mosaic Brands has informed shareholders of plans to shut about a fifth of its stores, citing decreasing income from brick-and-mortar stores.

There have been 10 insolvency appointments to Western-Australian-incorporated companies in the last two weeks.

Prospective copper-cobalt miner Coda Minerals has successfully listed on the ASX after completing an $8.5 million IPO.

Corrs Chambers Westgarth and Estrin Saul Lawyers were the inaugural winners of the ‘commercial law firm' category in WA's annual community service law awards.

ASX-listed K2fly has boosted its position in the iron ore sector after announcing the acquisition of WA mining software company SATEVA.

Our board moves wrap includes Darren Yeates, Andrea Betti, Tony Walsh, Lindsay Northover, and Guy Perkins.

Megado Gold began trading on the ASX this morning after a successful $6 million IPO.

Crothers Construction has secured work on the state government's $12.3 million Greenough female prison project.

Our board moves wrap includes Sanjeev Kumar, Nicholas Ong, and Flemming Bjoernslev.

Riot! Art and Craft went into liquidation last week, reportedly dismissing staff via a text message as the business closed all 56 stores.

Goldminer Troy Resources has secured exploration funding for its South American project, with the Perth-based company targeting a maiden ore reserve this year.

Western Australians are being encouraged to back local businesses in the lead-up to Christmas, as part of a campaign that launches on Saturday.

Our board moves wrap includes Darryl Clark, Kent Balas, Jeremy Sinclair, Hian Siang Chan, Justin Mouchacca, Stephen Buckley, Hugh Warner, Harry Greaves, Anthony Cina, George Bauk, Gary Billingsley, Brian McMaster, and Nicholas Lindsay.

Major project status has been granted to the Asian Renewable Energy Hub, a 15 gigawatt green hydrogen project backed by Vestas.

Perth-based Encounter Resources, Predictive Discovery and Trek Metals have each launched capital raisings, with the proceeds to go towards gold projects in Australia and Guinea.

Decmil Group has secured an $8.7 million contract with Rio Tinto for work at the iron ore miner's Mesa A site in the Pilbara.

Hundreds more Australians stranded overseas will soon be able to fly home each week.

Iluka Resources spin-out Deterra Royalties has completed its first day of trading on the ASX with market capitalisation in excess of $2.4 billion.

Residents in WA's north will benefit from more ambulances and paramedics as part of the first phase of the state government's country ambulance strategy.

Austal will acquire Queensland-based BSE Maritime Solutions Group for $28 million in a bid to boost the shipbuilder's share of maintenance and support work.

Our weekly appointments wrap includes Kate Glancy, Moshe Hukaylo, Andrew Francis, Bhavesh Morar and David Sumich.

Our board moves wrap includes Russell Goodman, Adrian Smith, Tony Huston, Geoff Murray, David Breeze, and Robert Marusco.

Gavin Taylor has been appointed managing director of Ticketmaster, two months after departing as chief executive of WA Football Commission.

Our board moves wrap includes Dimitri Bacopanos, Anthony Pearson, Bardin Davis, Andrea Sutton, and Jason Greive.

Fortescue Metals Group has contracted Veris subsidiary Aqura Technologies to supply telecommunications at the Iron Bridge project in the Pilbara.

Our board moves wrap includes Sonu Cheema, Loren King, Greg Boulton, David Turvey, Craig Hart, and Tom Peregoodoff.

Biotech company PYC Therapeutics has sought funding for its lead drug development program that aims to treat childhood blindness.

Our board moves wrap includes Nicholas Ong, ZhaoYa Wang, Brian Leedman, David Cantor, Peter Griffiths, John Welborn, Stuart Gale, Phil Montgomery, Peter Thomas, Mark Pearce, Luca Giacovazzi, and Trevor Benson.

Resolute Mining has begun its search for a new leader after managing director and chief executive John Welborn stepped down from the role.

CBH Group will reduce its board size and introduce maximum terms for directors, in a bid to improve its governance structure.

Highway Construction has been named as the preferred contractor to complete upgrades to Coolgardie-Esperance Highway.

Our board moves wrap includes Anita Hollenberg, Brett Dickson, Alan Armstrong, Peter Bird, and Michael Clifford.