Business News Kangaroo approves PT Bayan bid 2018-08-17T15:54:16.000000000+08:00 Directors of junior miner Kangaroo Resources has given a tick to a bid from Indonesian coal miner PT Bayan which values the company at $515 million. Mark my words podcast 2018-08-17T15:39:31.000000000+08:00 This week Mark My Words covers a broad range of topics including international students, health department corruption, liquor licenses, Ausdrill and Barminco merging, our exclusive report on retail property, and our special projects list. Ric New honoured with Robert Law Award 2018-08-17T15:32:15.000000000+08:00 Midland Brick founder, the late Ric New, has been honoured for his influence on Western Australia’s building industry, receiving the Master Builders Association’s Robert Law award. ASX ends week above 6,300 as tensions ease 2018-08-17T15:28:42.000000000+08:00 Australian shares have closed higher and the benchmark index has established a fresh 10-year high as an easing in US-China trade worries underpinned a week of solid company results. Poseidon attracts $66m takeover 2018-08-17T15:17:01.000000000+08:00 Privately-held US group Black Mountain Metals, which has recruited three experienced Perth mining executives to its leadership team, has flagged a takeover bid for Poseidon Nickel at six cents per share. Work starts on $55m SwanCare project 2018-08-17T15:07:55.000000000+08:00 Adco Constructions has broken ground on SwanCare’s $55 million retirement living and aged care project at Bentley Park, which will include a new residential care facility as well as a leisure precinct. Reef a research, fishing haven 2018-08-17T14:39:11.000000000+08:00 A new artificial reef sunk in the Exmouth Gulf this week is expected to add significant value to marine research and recreational fishing opportunities in the waterway. GEV to pursue stranded Malaysian gas 2018-08-17T14:37:18.000000000+08:00 Global Energy Ventures is developing a plan to develop stranded gas fields in Malaysia using its floating compressed natural gas technology, after signing a letter of intent with Kuala Lumpur-based Tamarind Resources. Obscure venues provide opera diversity 2018-08-17T14:09:13.000000000+08:00 From an asylum to a pool, Lost and Found Opera artistic director and co-founder Chris van Tuinen is bringing shows to unlikely Perth spaces. Cassini raises $4.2m 2018-08-17T13:22:53.000000000+08:00 West Perth-based Cassini Resources has completed a $4.2 million share placement, with backing from the chairman of Chinese company Tinci Materials.