Business News

Engineering company Monadelphous has entered the Chilean market with the acquisition of two jointly-owned mining services providers, Buildtek and Maqrent.

Pawsey Supercomputing Centre has announced a tender as part of a $70 million new supercomputing system to replace its existing Magnus and Galaxy supercomputers.

There have been 32 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.

Dr John Clarke will join the board of AVZ Minerals as non-executive chair at the start of December.

A new land and house development is set to revitalise the former Kinlock Primary School site in Ferndale, with Yolk Property Group and Ventura Home Group appointed as project managers.

Junior gold explorer Breaker Resources has agreed to a non-brokered $8 million placement to a private equity fund managed by New York-based Electrum Group, with the proceeds to fund drilling activities at Breaker’s Lake Roe mine in Western Australia.

Comet Resources has appointed Matthew O'Kane as managing director, and Philippa Leggat will step down as chief executive.

Gold producer Pantoro announced it has completed a processing plant options review and scoping estimate at the Norseman processing facility in Western Australia.

Spectrum Metals announced it has filed and served its defence to a claim from Venus Metals Corporation in relation to Spectrum’s acquisition of DJ Carmichael’s Penny West gold project in Western Australia.

Panoramic Resources has advised shareholders not to take action in respect of the off-market takeover offer launched last week by Independence Group, while also criticising some of the conditions attached to the offer.

The Western Australian government is making it easier for people to access medicinal cannabis.

Our daily board moves wrap includes Sandra Bates, John Richards, Victor Turco, Yuri Nehushtan, Elizabeth Brennan, Hans Schut, Christian Brehm, Wing Kee Cheng, Hao Wen, and Bill Lee.

Busselton Jetty and Sandalford Wines made big showings at the 47th WA Tourism Awards, picking up several gold awards and distinctions between them.

updated: Pilbara Minerals temporarily suspended its operations today after Homicide Squad detectives were called to investigate a suspicious death at its Pilbara lithium mine.

Australian Gas Infrastructure Group has been awarded a contract by Woodside Petroleum to build a gas pipeline connecting the Pluto LNG plant with the North West Shelf venture's nearby Karratha gas plant.

Lithium explorer AVZ Minerals has announced it would raise $14.1 million to a new strategic investor based in China.

Jeremy Sinclair, managing director of Battery Minerals, will transition to the role of non-executive director on November 22.

Perth philanthropist Annie Fogarty has been announced this year’s WA Australian of the Year for her work in education advocacy.

The Minderoo Foundation will begin development of a new research centre near the Ningaloo Reef following the signing of a lease agreement with the Shire of Exmouth.

Our weekly appointments wrap includes Ian Campbell, Steven Finney, Simon Morten, Margrete Chaney, Jayson Miragliotta, David Michael, John Phillimore, Graham Sansom, Anne Wood, Henry Zelones, Duncan Ord, Felicity Horn, Adam Radford, James Clement, Aman Sandhu and Jane Betts.

West Perth-based APM has been forced to lift the value of its takeover offer for Konekt by 30 per cent after a competing bidder lodged a proposal for the ASX-listed health solutions provider.

The Australian Securities and Investment Commission announced today it has banned Element Finance Group director Tim Zheng from engaging in credit activities for at least three years.

New car sales across Australia have gone backwards for the 19th month in a row, the country's peak motor industry group says, with sales in Western Australia also down sharply.

Dr Jon Hronsky OAM and Peter Stuntz have been appointed non-executive directors of Azumah Resources.

Building surveying company Resolve Group and its two directors have been fined a total $35,000 for negligence after signing off on three buildings that failed to meet fire safety requirements.

GR Engineering Services has signed a $24.5 million contract with Saracen Mineral Holdings to upgrade the processing plant at the Carosue Dam gold mine in Western Australia.

Subiaco-based Pointerra has announced commitments to raise $2.5 million through a share placement, primarily to fund the recruitment of further employees and technical resources.

Our daily board moves wrap includes Chris Mews, Paul MacLeman, Kaitlin Smith, Peter Sullivan, Brian Phillips, Len Troncone, Kathrin Gerstmayr, Emma Waldon, Andrea Betti, Eryn Kestel, Peter Wade, and Peter McMorrow.

Fenix Resources expects its high-grade Iron Ridge project in Western Australia to deliver strong returns, helped by its low development cost.

Macmahon Holdings and Newcrest Mining have signed an agreement to increase the rates for Macmahon’s work at the Telfer gold project.

Our daily board moves wrap includes Chris Burton, Robert Ang, Ian Ricciardi, Mark Stowell, David Lenigas, Stephen Forman, William Rouse, Matthew Foy, and Dan Smith.

There have been 33 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.