Edited announcement

Monarch Gold Mining Company is fast tracking the development of its high grade Kalgoorlie gold projects and ramping up production at its Davyhurst mill over the next four months, the company announced today.

An open door for further negotiations between local governments and the Federal Department of Transport and Roads on the cost of new security measures has pleased the WA Local Government Association.

Gold Corporation, the WA Government-owned operator of The Perth Mint and 40 per cent owner of the AGR Matthey gold refining joint venture, has announced an after tax profit of $7 million compared to the previous year's result of $4.8 million, it announced

West Perth-based oil and gas explorer Deltana Energy Ltd has opened its initial public offer to raise $16 million, funding a planned exploration program in northern Italy's Po Valley region.

South Perth-based agricultural investment company the ARK Fund Ltd has purchased a 41 hectare sugar cane farm west in Far North Queensland for $390,000, with plans to develop the property into a Teak plantation.

Private Chinese company Shandong Landbridge Group, which announced plans to take a $5.5 million placement in West Perth-based gold and base metals explorer Hannans Reward Ltd in June, has requested a second extension of time.

Perth-based gold explorer CGA Mining Ltd will issue shares worth around $67.4 million through a placement of shares and units to fund the construction of its Masbate gold mine in the Philippines, the company has announced.

CVRD-Inco has completed the second stage of evaluation of the Kalgoorlie Nickel Project, managed in a joint venture with Heron Resources Ltd, the West Perth-based company has announced.

Perth-based minerals explorer Northern Star Resources Ltd will pay $100,000 and issue shares and options to Fraka Investments Pty Ltd, resolving the company's competing claim for mineral rights over the Wilson River Project in the East Kimberley.

West Perth-based Mirabela Nickel Ltd has decided to proceed with its US$263 million (A$300 million) Santa Rita nickel project in Brazil, appointing GRD Minproc to provide engineering, procurement, commissioning and construction consulting services.

The State Government has committed $6.6 million to a plan to help children who suffer from potentially fatal allergic reactions, Premier Alan Carpenter has announced.

The Executive Director of the State Government's Drug and Alcohol Office, Terry Murphy, has been appointed Director General of the Department for Child Protection, Child Protection Minister Sue Ellery has announced.

Perth-based gold miner Resolute Ltd has announced a $51 million rights issue to fund development of its Syama gold project in Africa and its Mt Wright project in Queensland.

Nedlands-based ophthalmology product development company Advanced Ocular Systems Ltd has sold the intellectual property rights to its Corneal Inlays project to a US company for around $1.1 million, the company has announced.

Western Power has announced a net profit of $69.4 million for the year to June 2007, which it said was lower than expected as a result of rising materials costs and the tight labour market.

Sydney-based Tenix Pty Ltd has acquired Bibra Lake-based electricity construction and maintenance business Bremner Power Systems Pty Ltd, a subsidiary of Bremner Holdings, the company has announced.

Perth-based Integrated Legal Holdings Ltd has acquired the legal practice of Shayne Leslie - a former consultant to its subsidiary Talbot Olivier - in a cash and scrip issue.

Forestry Minister Kim Chance has announced he will submit recommendations from a statutory review of the Forest Products Act that would give the Forest Products Commission greater powers to Parliament "in due course".

West Perth-based resources group Territory Resources loaded its first shipment of 65,000 tonnes of high grade iron ore from the Port of Darwin to China today, the company has announced.

West Perth-based mineral explorer EnviroGold Ltd has signed a deal with the development arm of Shandong Gold Mining Company Group Ltd to process gold tailings sourced from its Chinese operations, the company has announced.

West Perth-based Nare Diamonds Ltd has settled a legal dispute between subsidiary New Diamond Corporation Ltd and SM Mining Contractors Ltd through the issue of shares and options, though with no admission of liability.

The state government's $8.8 billion superannuation fund GESB, previously the Government Employees Superannuation Board, has been unleashed on the market, after legislation was passed yesterday allowing the fund to compete for members outside the public se

West Perth-based iron ore and gold explorer Royal Resources Ltd and US-based Lynx2 LLC have extended the option period on establishment of a formal joint venture by one month to November 1, Royal has announced.

Perth-based CityView Corporation Ltd has raised $2.6 million in a placement to fast track a minerals drilling program and further develop projects in Cameroon and Angola, the company has announced.

Perth-based oil and gas explorer Odyssey Energy Ltd will raise $4 million through the placement of 10 million shares at 40 cents each to fund development of wells on its Jester-Bloomington field areas, the company has announced.

West Perth-based Imdex Ltd has signed an agreement with Sweden-based Sandvik Mining and Construction for the distribution of its down hole instrumentation and drilling fluids and chemicals, the company has announced.

Subiaco-based drug development company Phylogica Ltd will allow the Swiss Institute of Allergy & Asthma Research to screen its libraries of proteins for potential vaccine leads under a research collaboration agreement, the company has announced.

The State Government's Asbestos Steering Committee for WA Government Buildings, will ensure all Government agencies complete asbestos registers and management plans for their buildings within 12 months, Housing Minister Michelle Roberts has announced.

Lotterywest Chief Executive Jan Stewart has been added to the US-based Public Gaming Research Industry's Lottery Industry Hall of Fame, one of three industry leaders across the world appointed this year.

The State Government introduced legislation to Parliament yesterday to recognise indigenous interests in the Ruddall River National Park and the Gibson Desert Nature Reserve, located in Western Australia's Central Desert.

West Perth oil and gas exploration firm Otto Energy Ltd subsidiary NorAsian Energy Ltd has been ranked as preferred bidder for an exploration service contract covering 7,440 sqkm, covering the Visayan Basin in the Philippines, the company has announced.

The Government Employees Superannuation Board has won a WA Australian Marketing Institute Communications Award for its member communications, making it the second year in a row that GESB has won an award.