Nicholas Clarke

Heron Resources has announced an equity funding package with London-based private equity fund Greenstone Resources of up to $20 million.

iiNet shareholders have shown their continued interest in the business, with a large number choosing to take TPG’s share offer rather than cash.

BC Iron has released its quarterly activities report, announcing successes in cutting costs but has foreshadowed a future impairment.

Fleetwood Corporation shares jumped today after the company sold the Osprey key worker village in Port Hedland to the government for $62.2 million, which will be used to reduce its net debt to zero.

Southern Cross Electrical Engineering shares jumped nearly 13 per cent today to their highest price since March, after the company announced an annual loss but maintained its dividend and was cautiously positive about its outlook.

Pact Construction has begun work on Bethanie’s $58 million aged care facility in Gwelup.

Iluka Resources has agreed to new royalty terms with BHP Billiton.

Shares in online advertising business Tech Mpire have continued their steep ascent of the last two weeks, ending the day up 11 per cent after the company announced an 83 per cent increase in monthly revenue for June.

Kimberley Diamonds has announced that it is injecting $14.6 million into its Lerala diamond mine in Botswana, less than three weeks after it abruptly closed its Ellendale mine with its workers left out pocket.

Mining services company Austin Engineering has launched a $31.6 million entitlement offer through broking firms Argonaut and Bell Potter, with the proceeds to be used to reduce debt.

Energy utility owner Duet Group is set to become a bigger player in the WA market, after announcing an agreed $1.4 billion takeover of remote power producer Energy Developments.

Buru Energy has started commercial oil production at its onshore Ungani oilfield, and begun exploration drilling at a second site.

Automotive Holdings Group has announced an agreement to sell its Covs Parts business to GPC Asia Pacific for between $43 million and $45 million.

West Perth exploration company Leopard Resources has announced an agreement to acquire a Silicon Valley wireless technology business.

The state government has decided to maintain regulation of regional aviation at a higher level than had been recommended in a review last year.

Perth exploration company BMG Resources (formerly Brazilian Metals Group) has announced a non-binding heads of agreement for the possible acquisition of Brisbane-based online fitness training accreditation business FitLink.

A Deloitte Access Economics study indicates that Western Australia will have the highest growth in information and communications technology workers of any state over the second half of the decade, growing an average of 3.9 per cent per annum to a projected total of 60,605 ICT workers in 2020.

Atlas Iron has extended the closing date of its $180 million capital raising at the eleventh hour.

Talisman Mining has raised $8 million to fund ongoing work at its copper-gold and nickel projects.

Seventy-five per cent of local businesses and 56 per cent of consumers believe the economy will deteriorate over the course of the new financial year.

Potash mining company Elemental Minerals has announced the completion of a $4.98 million private placement.

Resolute Mining has outperformed its own expectations in both production costs and volume, which has more than doubled the company’s cash on hand in the final quarter of the financial year.

Northern Star Resources says a record June quarter brought its free cash flow for the 2015 financial year to an unaudited $183 million.

Drilling contractor Swick Mining Services has flagged an impairment of up to $25 million in its full-year result, on the back of troubled times in the mining services sector and the low use of its assets.

ATCO Australia has announced the appointment of Bobbi Lambright as its new managing director and chief operating officer, replacing Wayne Stensby in the Perth-based role overseeing a major energy utility and mobile accommodation builder.

Centaurus Metals has announced that it is selling its Candonga DSO iron ore project in Brazil to the Brazilian group Ecosinter for R$4 million (A$1.69 million).

Peter Prendiville and Howard Cearns will continue as Tourism WA chair and deputy chair respectively for another three year term, Tourism Minister Kim Hames announced today.

Royce McAuslane has resigned as managing director of gold miner RNI, having only served in the position since November last year.

Former Thiess executive Ric Buratto has been recruited by Decmil Group for a newly created role as chief executive, construction and engineering.

The chairman of Western Australia’s Environmental Protection Authority, Paul Vogel, has announced that he will not serve another term in the role.

International oil executive Michael Fischer has been named Nido Petroleum’s new managing director.

Digital agency Titan Digital has absorbed brand agency One Brand, bringing One Brand managing director Martin Purcell in as the director of its new Titan Brand product.