Qube confirms commitment from Woolworths to new distribution centres at Moorebank Logistics Park

PERTH: Qube Holdings Limited has exchanged two agreements for lease and two development management agreements with the Woolworths Group to develop new major warehousing across 26 hectares at Moorebank Logistics Park, the largest intermodal logistics precinct in Australia. Both leases, comprising a 40,700 sqm national distribution center (NDC) and a 34,600 sqm regional distribution center…

Western Areas announces encouraging results from first diamond drill hole at Sahara prospect

SYDNEY: Western Areas Ltd announced highly encouraging results from the first diamond drill hole at the Sahara prospect within the Western Gawler Project in South Australia. Western Areas Managing Director, Dan Lougher, said, “This  is an excellent result from our  first drill hole  at  the Sahara prospect, intercepting broad widths of nickel and copper bearing…

Emerge Gaming and Mobile Telephone Networks MTN to launch MTN Arena

PERTH, AUSTRALIA: Emerge Gaming Limited, the operator of online eSports and casual gaming competition and tournament platform technology, has signed an agreement with Mobile Telephone Networks Proprietary Limited (MTN) to distribute, market and operate Emerge’s platform technology under the brand “MTN Arena”, in South Africa. MTN Arena is a competition and tournament platform with a…

Saunders International secures tank overhaul works for BP Bulwer Island

SYDNEY: Saunders International Ltd has been awarded the mechanical refurbishment and upgrade of two further tanks for BP at their Bulwer Island site, worth approximately $12 million. This award is a follow on to Saunders works for BP’s Bulwer Full Fuels Project which includes the refurbishment of three tanks and two separate piping projects. Saunders…

MyFiziq to expand technology into cancer care

PERTH: MyFiziq Limited has developed an extension to its scanning technology into body surface area (BSA) calculation, and other serial measurements, to assist with oncology therapy decisions and prevention measures. MyFiziq’s Chief Science Officer, Dr Amar El-Sallam, has been working on a number of new and innovative measurements to be included into the Company’s patented…

ASIC commences proceedings against CFS and Commonwealth Bank

SYDNEY: Commonwealth Bank of Australia (CBA) acknowledges that civil proceedings have been brought by the Australian Securities and Investments Commission (ASIC) against Colonial First State Investments Limited (CFSIL), a wholly owned subsidiary of CBA, and CBA. The claim alleges certain contraventions of conflicted remuneration provisions in the Corporations Act relating to the arrangement between CFSIL…

EOS appoints Glen Tindall as CEO for Communication Systems Sector

CANBERRA: Electro Optic Systems Holdings Limited (EOS) has appointed Glen Tindall to head its Communication Systems sector in the new role of Chief Executive Officer, Communication Systems. Tindall will assume this role from 1 July 2020. EOS announced the formation of its Communication Systems sector on 1 October 2019, coincident with the acquisition of EM…

Latitude Consolidated Limited signs binding agreement to acquire Skye Gold Project

SYDNEY: Latitude Consolidated Limited has signed a binding option agreement to acquire a 100% legal and beneficial interest in South Australian Exploration Licence Application ELA2019/128 (Tenement), known as the Skye Gold Project. The Skye Gold Project is located in the Gawler Craton, South Australia in a proven million-ounce terrain some 700km northwest of Adelaide. The…

Skykraft and XTEK awarded Australian Space Agency grant

PERTH: XTEK Limited and Skykraft Pty Ltd announced the award of an Australian Space Agency (ASA) Grant for the development of a SmallSats constellation launch stack. Skykraft, in conjunction with project partner XTEK, have been awarded the Australian Space Agency’s International Space Investment: Expand Capability grant that will fully fund the design and qualify a…

Primewest announces acquisition of manager of Vital Harvest Trust, strategic co-investment

PERTH: Primewest Group acquired a 100% interest in GoFARM Asset Management Pty Ltd for $10 million. GoFARM is the manager of ASX listed, Vitalharvest Freehold Trust (VTH). Primewest has separately acquired an 11.8% strategic interest in VTH. Primewest has also acquired a right of first refusal over a further 6.2% interest in VTH, subject to…

Li-S Energy makes $1.73mn investment in Zeta Energy

PERTH: PPK Group Limited announced that Li-S Energy has agreed to make an investment of USD $1.73 million into Zeta Energy LLC, a U.S. based battery technology company. Zeta holds leading technology focused on the commercialisation of energy packs using Graphene Carbon Nanotubes and Lithium Sulphur. This technology addresses some future battery market initiatives in…

Global expansion continues as Sienna enters Greek market with hTERT IVD

MELBOURNE: Sienna Cancer Diagnostics Ltd, a medical technology, announced the appointment of Aenorasis S.A as its exclusive distributor in Greece and Cyprus. The distribution agreement provides Aenorasis with the right to sell Sienna’s hTERT IVD to pathology laboratories where it will be used to assist in the diagnosis of bladder cancer. Aenorasis is a Greek…