Coventry Group announced today that it has downgraded its expected net profit by about 25 per cent, and plans to exit its furniture component business.
The Australian Agricultural Company has announced a $46.5 million loss for the three months to March 31 2013, after being hit by the continuing effect of government bans on live exports.
Troubled property developer Port Bouvard is continuing to shift its focus to the east coast, with the appointment of two Sydney-based executives to senior roles.
Perth-based construction company OTOC has won a $28.7 million contract to work on the federal government’s migrant processing centre on the Pacific island of Nauru.
Navitas CEO Rod Jones and Sandfire Resources director John Evans have sold large parcels of shares this week, with Mr Jones reaping $48.5 million from the sale of part of his Navitas stake.
Global gold mining giant AngloGold Ashanti has announced changes to its executive leadership team that will see Rob Largent responsible for the company’s Australian operations.
The new head of Rio Tinto’s global iron ore business has restructured his Perth based management team, with the former head of the Pilbara operations leaving his role.
Nedbank Capital has withdrawn from Perth-based Tiger Resources’ $US80million debt financing facility for its Kipoi copper project in the Democratic Republic of Congo.
Perth could miss out on a wave of investment in non-residential property, according to a national survey released by the Australian Property Institute today.
Share ownership among adult Australians declined from 43 per cent to 38 per cent during the past two years, a 2012 Australian Securities Exchange study shows.
The volume of drilling activity in the global gold industry has fallen by 55 per cent in the past 12 months, new data from research group IntierraRMG has found.
Iron Ore Holdings’ proposal for an innovative port development south-west of Dampier has received conditional approval from the Environmental Protection Authority.
Viento Group's new contracting business, established with a group of former NRW Holdings executives, has won its first major contract at Fortescue Metals Group’s Solomon project.
Perth-based Marengo Mining’s proposed Yandera project in Papua New Guinea is facing a delay due to a third-party power provider withdrawing from proposed power supply arrangements.