Business News

Aurecon has been awarded $8.5 million of detailed design works by the Public Transport Authority of WA for the proposed Bellevue railcar deport, as part of the $165 million Midland line extension project.

Artemis Resources has appointed executive director Edward Mead as interim chief executive.

Our weekly appointments wrap includes Jen Ehlers, Peter Bradford, Karen O'Neill, John Nguyen, Chloe Lam, Harrison Moore, Jimmy Trpcevski and Luke Sizer.

ConocoPhillips has awarded the first engineering contract for its Barossa offshore project to Technip Oceania for the supply of the subsea production system and associated installation support.

The state government announced it would spend $11.6 million on the installation of solar farms and energy storage in remote Aboriginal communities as part of this years’ State Budget.

Ian Clyne has been appointed non-executive chair of Geopacific Resources, following the retirement of Milan Jerkovic after 5 years in the role.

TPG Telecom shares have crashed along with those of Vodafone's local joint venture partner after the competition watchdog blocked the communications giants' $15 billion merger.

Our daily board moves wrap includes Peter Munachen, Daniel Kennedy, Benjamin Rattigan, Cyril Daoud, Chris Singleton, Eamon Hannon, Karen O'Neill, John Nguyen, Chloe Lam, Stuart Bodey, David Turvey, Peter Huljich, Michael Tilley, Dan Lougher, and Malcolm James.

Canadian contractor SNC Lavalin has announced it picked up work at two gas operations in Western Australia, including design work for a new power station at the Devil Creek gas plant.

Fenix Resources has formed a strategic alliance with trucking and logistics company Mineheaul, to be led by Craig Mitchell, which the mining company said is a significant step towards the development of its Iron Ridge project.

Troy Resources announced it received commitments to raise $7.57 via a share placement, with the funds to accelerate exploration at its South American gold project.

Our daily board moves wrap includes Scott Nicholas, Stephen Kelemen, Scott Patrizi, Gordon Galt, Michael Anderson, and Karen Gadsby.

Echo Resources has completed a $15 million share placement to fund its exploration strategy at the Yandal gold project.

FBR, formerly known as Fastbrick Robotics, has commenced a 50/50 joint venture with Brickworks, called Fastbrick Australia, to provide a ‘Wall as a Service' offering to the Australian market.

Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an engineering, procurement and construction contract at Talison Lithium’s Greenbushes project.

Dan Travers has replaced Anthony Rechichi as company secretary of Blackham Resources. Mr  Rechichi remains as the company’s chief financial officer.

Shares in WhiteHawk soared from 6.4 cents to 12 cents, in three days of trading, after the Perth-based cyber security announced it had secured two contracts in the United States.

ASX listed investment firm Keybridge Capital has cancelled its proposed $20 million takeover of Yowie, citing the Perth-based confectionery company’s worsening financial results.

Peter Huljich has been appointed non-executive director of AVZ Minerals. Mr  Huljich has extensive African mining, oil & gas, and infrastructure experience.

Western Australian students will have a third study option, apart from ATAR or VET, in their final years of schooling with the introduction of a new pathway next year.

Zenith Energy is seeking to raise $25 million via a share placement to fund equity requirements for ongoing construction of power generation and infrastructure projects.

Govermment funds earmarked for a biomass energy plant and solar farm at Collie have been transferred to a new $60 million job creation fund that aims to create a long-term future for the town as coal mining winds down in coming years.

Shares in Swick have jumped 10 per cent, after the drilling business revealed its earnings before interest, tax, depreciation and amortisation (EBITDA) rose 58 per cent compared to the prior corresponding period.

Our weekly appointments wrap includes Michelle Andrews, Rikki Kersten, Caroline Lindsey, Julia Sutherland, Edgar Basto, Ivan Vella, Michael Erickson and Helen Shield.

Our daily board moves wrap includes Gary Powell, Allan Kelly, Bryan Dixon, Milan Jerkovic, Richard Boffey, Guy Simpson, Flemming Bjoernslev, Toby Chandler, Philippa Leggat, Anthony Cooper, David Deak, Craig Hall, Michael Fotios, Michael Spreadborough, Greg Foulis, Alan Still, Alex Passmore, John Richards, and Paul Dalgleish.

There have been 37 insolvencies announced of WA-registered companies in the past 21 days.

ORIX Australia has won a tender to become the outsourced fleet management and leasing provider for agribusiness giant CBH Group.

Hazer Group has appointed current chief executive Geoff Ward as managing director.

A joint venture between Perth-based Clough and Madrid-based Acciona has secured rail construction works at Rio Tinto’s $3.5 billion Koodaideri iron ore project.

BGC Contracting has been awarded a $24 million contract to deliver bulk earthworks and roads at the Fortescue Metals Group’ $1.7 billion Eliwana iron ore project.

Our daily board moves wrap includes Richard Cottee, Ray Barnes, Michael Montgomery, Leonard Math, Albert Cheok, Ian Lynass, and Guido Belgiorno-Nettis.

Pioneer Credit’s shares have surged 27.4 per cent to close at $2.51 each, after the company confirmed it has received a takeover proposal at a “material premium” to its current share price.