Business News

There are vacant CEO positions at two ASX-listed healthcare businesses, with Peter Gregg resigning from his role at Primary Health Care and Gilman Wong sacked from Sirtex Medical following an investigation into his share trading with the business.

Doray Minerals chairman Peter Lester has told the company he will retire on Monday to focus on his other business interests, less than two months after founding managing director Allan Kelly resigned.

Shares in BC Iron closed 20 per cent higher today after the Perth-based iron ore junior announced record quarterly earnings from its Iron Valley mine.

Aspiring miner Dacian Gold has started construction of its Mt Morgans project near Laverton, after finalising regulatory approvals and locking in a $150 million funding deal over the Christmas break.

The Rio Tinto Naturescape Kings Park facility will close next month to allow a $3 million expansion, which has been funded by the mining giant.

BGC Construction received a $16.7 million contract for new primary school at Rapids Landing in Margaret River.

Recently listed marine technology company VEEM has flagged gross profit in line with expectations, but expects to report a smaller net result than what was forecast in its prospectus, on the back of a one-off cost.

Perth-based tech firm BrainChip Holdings has poured cold water on speculation it is seeking to privatise operations, but did confirm it was considering floating on another market.

December throughput was higher at the state’s major north-west ports, with the Pilbara Ports Authority reporting nearly 60.5 million tonnes of cargo passing over its docks in the month, up 12 per cent on the same time in 2015.