Tuesday, 3 April, 2007 - 22:00
Finding value behind the millions
The mining and property booms have created unprecedented wealth in Western Australia. WA Business News looks at the individuals leading the charge.
Charlie Bass is an experienced entrepreneur and business executive. He is best known as a co-founder and major shareholder of Aquila Resources, while in 2016 he took a new direction as the founder and chairman of the Nedlands-based Centre for Entrepreneurial Research and Innovation.
Mr Bass came to Western Australia in 1978 with North American mining company Amax Inc to work on the Mt Newman iron ore project. He established exploration and mining software company Metech in Perth in 1980. Between 1993 and 1997, he was co-founder, major shareholder and managing director of Eagle Mining Corporation, which discovered the successful Nimary gold mine. Charlie co-founded Aquila Resources with Tony Poli in 2000 and helped transition it from a gold explorer to a successful iron ore, coal and manganese developer. It was taken over for $1.4 billion in 2014. Between 2010 and 2013 he was a director of Geopacific Resources.
His other ventures with unlisted companies have included Blazing Wireless, a wireless broadband company focused on the US market, and Toronto-based ESI Exploration Syndicate Inc.
He established the Bass Family Foundation in 2006 to provide education for disadvantaged children, predominantly from rural WA.
Mr Bass was named the 2024 WA Senior Australian of the Year.
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NEWS: Tagged in Healthtech banks on rising numbers | 07 Nov 2022 |
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NEWS: Tagged in Commercialisation hurdles stifle innovation | 14 Jun 2021 |
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REMUNERATION UPDATE: Managing Director, Eagle Mountain Mining | 24 Aug 2020 |
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NEW ROLE: Executive Chair, Geopacific Resources | 14 Aug 2020 |
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REMUNERATION UPDATE: Managing Director, Eagle Mountain Mining | 30 Jun 2020 |
The mining and property booms have created unprecedented wealth in Western Australia. WA Business News looks at the individuals leading the charge.
Aquila Resources non-executive director Charles Bass has donated more than $700,000 worth of shares to various charities.
The ranks of rich directors have swelled, as has the paper wealth of those already on the list.
The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.
Founding director and chairman of Aquila Resources Charles Bass has sold off almost $6.2 million worth of shares, as part of moves that reduced his beneficial interest in the company to 10.7 per cent from 12.1 per cent.
Geopacific Resources has announced a $6.6 million funding package it will use to ramp up its copper and gold exploration efforts in Cambodia and Fiji.
Perth companies Austal and Aquila Resources have bolstered their boards, with the recruitment of two prominent former executives.
Aspiring iron ore miner Aquila Resources has appointed former Gindalbie Metals managing director Tim Netscher to its board as an independent director, while long-serving Aquila non-executive director and major shareholder Charles Bass (pictured) has retired.
Baosteel and Aurizon are set to take control of Aquila Resources after another major shareholder threw their support behind the $1.4 billion takeover deal.
The combined wealth of WA’s richest public company directors fell by around $3 billion in the past year, but some individuals bucked the trend.
SPECIAL REPORT: Former mining boss Charlie Bass and surgeon Peter Santa Maria are among the growing number of people in Western Australia looking to make innovation a commercial reality.
It’s hoped a recent federal grant may go some way to highlighting the high-quality research undertaken in WA.
SPECIAL REPORT: Four years after exiting the iron ore sector near the top of the boom, Charlie Bass has teamed up with a pair of experienced company directors for a new mining float.
Three local junior explorers have raised more than $21 million, with Draig Resources and Triton Minerals boosting their coffers while the Charlie Bass-led Eagle Mountain Mining has commenced trading on the ASX after raising $8 million via an initial public offering.
The Centre for Entrepreneurial Research and Innovation in Nedlands recorded two notable achievements last week, winning a state government grant and graduating its second cohort of budding entrepreneurs.
Mining and technology entrepreneur Charlie Bass has flagged six industries, including medicine, agriculture and the arts, that offer Western Australia the opportunity to forge a more sustainable economy.
Special Report: Thousands of square metres of co-working space are set to open in Perth in the next 18 months, and it’s clear smaller businesses are looking for more than just a hot desk.
Following in the footsteps of Stan Perron, some key names in philanthropy have increased their funding distribution, but many charity recipients are struggling to measure the impact of these donations.
Mont Royal Resources has become just the second Western Australian exploration company to list on the ASX this year, with the help of high-profile directors and ‘family office’ investors.
Tim Mason will replace Charlie Bass as the chief executive of Eagle Mountain Mining in January, amid the copper-gold explorer’s share price nearly halving in the space of just over a year.
Our daily board moves wrap includes Tim Mason, Charlie Bass, Tim Staermose, Colin La Galia, Martine Keenan, Paul Goldfinch, Simon Mitchell, Ashley Hood, and Ian Macliver.
Eagle Mountain Mining has announced plans to add to its tenements in Arizona, with a proposal to acquire 80 per cent of the Oracle Ridge copper mine.
Giving increased last financial year, but the economic fallout from COVID-19 will affect the potential for generosity into the future.
Di Bain has challenged her opponents to disclose their conflicts after it was revealed her lord mayoral campaign had received more than $100,000 in contributions.
Our weekly appointments wrap includes Michael Lundberg, Clare Pope, Amanda Cox, Wieland Meyer, Catherine Milliner, Charlie Bass, Jennifer Halton and Michael Chan.
Barriers separating industry, teaching and academic clinical research are impeding development of medtech in WA.
Western Australia’s Eagle Mountain Mining and 92 Energy have each announced capital raisings and will use the proceeds to explore their North American projects.
Big business and trade union support helped fill Labor's coffers in the year to June, with the party's $12.7 million haul outstripping the combined earnings of the coalition parties.
Wesfarmers, Mineral Resources, and Woodside were among the most notable WA-based political donors in the most recent financial year, with contributions of about $680,000 between them.
Family offices are becoming more prominent in the investment space.
Perth startup Lixa is on the path to commercialising medical research from the University of Western Australia after gaining backing from tech hub CERI and raising $2.2 million.
A growing breed of educators wants to equip students with business-like skills.
The commercial side of life sciences may have reached a critical mass in WA.
As Perth emerges from the mining boom, TEDxPerth 2017 is proud to feature two innovators who are leading the way in business and industry. Join them at Perth Concert Hall on Saturday November 11 2017.
Australia’s research excellence is renowned, consistently ranking among the top in global innovation metrics (7th out of 36 to be exact).
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Charlie Bass is linked to 8 organisations which are included in 4 lists - Startup and SME Organisations and Programs, Philanthropic Foundations, Family offices and Public Companies - Resources WA.
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