Paul Kopejtka

After months of takeover speculation and feuding between Mid West iron ore miners Murchison Metals and Midwest Corporation, the two companies are once again independently pursuing their expansion plans.

The stock price of Murchison Metals climbed this morning after announcing an upgrade for its 50 per cent-owned Jack Hills project to three billion tonnes with work underway exploring further potential at the site.

Shares in Indo Mines have soared after the company announced it had acquired unlisted company Fireside Resources and its various Indonesian resource assets including a coal project scheduled to begin production in April.

THE Australian Institute of Company Directors has enlisted the help of some of Western Australia’s heavyweight directors in a new push to increase the number of women in the boardrooms of the nation’s top listed companies.

West Perth-based Murchison Metals has recorded a $21.5 million comprehensive loss for the 2010 financial year, compared to $18.3 million for the previous corresponding period.

Tougher economic times and increased scrutiny have put a cap on the growth of executive remuneration.

Former Murchison Metals chairman Paul Kopejtka has joined the board of metals explorer Ascot Resources.Ascot announced today that Mr Kopejtka would join the company as executive chairman, while incumbent chairman Faldi Ismail will step down to the role of non-executive director.

Colombian-focused coal explorer Ascot Resources has appointed managing director Andrew Caruso as executive chairman, following the resignation of Paul Kopejtka.Mr Kopejtka will remain on the board as a non-executive director. 

Colombian-focused coal explorer Ascot Resources has appointed managing director Andrew Caruso as executive chairman, following the resignation of Paul Kopejtka.Mr Kopejtka will remain on the board as a non-executive director.

Ascot Resources has agreed to acquire the Wonmunna iron ore project from Ochre Group, which, in return, will receive a majority stake in the previously coal-focused company.

Board movements

SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state’s best chief executives are unexpectedly low down.

Our board moves wrap includes James Moses, Brett Smith, Mark Elliott, Paul Boyatzis, Mike Young, Grant Davey, Paul Kopejtka, James Sullivan, Michael Fischer, David McEntaggart, Jonathan Lea, Annie Guo, and Michael Higginson.