Calibre

Calibre Group has appointed Derek Brown as managing director of its resource and energy business Calibre Global.

FEATURE: Emergency management and response firm Executive Risk Solutions has been named the Business News Rising Stars top award winner for 2014.

If the many different winners of the Rising Stars award have anything in common it is that all won the ability to choose their future – whether that be a trade sale, an ASX float or organic growth.

FEATURE: The June quarter presented a broad range of transactions for corporate players, however a noticeable lack of direction remains.

Perth-based Ark Maintenance has been acquired by Calibre Group subsidiary G&S Engineering Services for $3.3 million.

Engineering firm Calibre Group has reported a net profit after tax of $24.4 million for the year ended June 30 2014.

Rail infrastructure company Aurizon is positive but cautious about the West Pilbara iron ore project, with chairman John Prescott saying today that, on balance, he expects the development to proceed.

Engineering firm Calibre Group has forecast a gloomier than expected outlook for its business due partly to depressed iron ore and coal prices.

Fortescue Metals Group has ended a tough week for the iron ore sector by halving its projected capital expenditure for the 2015 financial year to $US650 million, in response to the continued weakening of the iron ore price.

Fledging Perth technology company APE Mobile has struck deals with some of the largest civil engineering contractors and secured Perth business leader Giles Everist to join its board.

Engineering firm Calibre Group has flagged an $185 million to $190 million impairment as a result of a downturn in its business outlook and forecast trading conditions, as well as the cost of property leases.

Corporate and financial communication firms, Citadel PR and Magnus Investor Relations, have entered into an agreement to combine their businesses to form a significant independent national player.

Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.

Leonard Math has been re-appointed as a non-executive director as a casual vacancy at Kangaroo Resources Limited. Mr Math holds a Bachelor of Business majoring in Accounting and Information Systems.

GR Engineering has reported strong growth in revenue and earnings, eclipsing a clutch of engineering and construction contractors to report their annual results today.

The latest round of annual reports has revealed some highly unusual movements in chief executive remuneration, including at Monadelphous Group and Mineral Resources.

The last day of the profit reporting season delivered a few surprises for Western Australia-based mining services companies, with NRW Holdings incurring a bigger-than-expected loss, VDM Group shrinking at a rapid rate, Swick Mining Services showing some promise, and Resource Development Group staying in the black.

Engineering contractor Calibre Group has announced a radical restructuring that includes a partial buyout of minority shareholders, delisting from the ASX, and the purchase of Sydney-based company Diona for $45 million.

Whether or not the Wellard IPO is successful, it demonstrates there is more to WA than just resources.

The chairman of engineering contractor Calibre Group told shareholders that he would step down after the company completed its delisting from the ASX, despite being up for re-election at a general meeting today.

Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director. Joshua Wellisch has resigned as a non-executive director of Dakota Minerals.

Andrew Rowe has been appointed as the new chief executive officer of Perth Energy.

Past winners of the Business News Rising Stars growth companies awards have continued to make news, particularly those with private backing.

Business school headsThe University of Notre Dame Australia and Curtin University have appointed new heads of their respective business schools.