Edited announcement

Perth-based Eden Energy Ltd's US-based subsidiary Eden Cryogenics LLC will expand its US cryogenic operations through the acquisition of Cryogenic Technical Services for around $246,000, the company has announced.

The Western Australian Department of Indigenous Affairs will be restructured into two specific areas, with the Office of Native Title being transferred there in March 2009, Premier Alan Carpenter has annouced.

The Department of Industry and Resources released new data showing that Western Australia's resources industry continues to set new records with the State's annual sales up 25 per cent in 2006-07 to reach an astonishing $53.4 billion.

Engineering and construction group has reported a strong rise in net profit following a spate of acquisitions, but large share issues during the year meant there was little growth in earnings per share.

Nedlands-based Dioro Exploration NL has announced plans to list on the Toronto Stock Exchange, appointing broking firm Cormark Securities to managed a proposed $70 million capital raising.

Western Australia's horse industries will be back to business as usual from 4pm today, after WA Agriculture and Food Minister Kim Chance announced no strains of equine influenza had been detected in the state.

West Perth-based intellectual property consultancy ipernica Ltd, formerly QSPX Ltd, has reversed its financial fortunes after recording a net profit of $4.4 million in 2006-07, up from a $4.6 million loss in the previous year.

Engineering and rail services company Coote Industrial Ltd and construction services company Global Construction Services Ltd have acquired smaller companies today.

Perth-based IT services provider ASG Group Ltd will provide application systems support services to the WA Department of Corrective Services in a two-year contract for $6 million, the company has announced.

The State Government will subsidise electricity headworks charges for new connections in remote, edge-of-grid locations, including Ravensthorpe, Bremer Bay and Walpole, under a $4 million, four-year subsidy plan, Energy Minister Francis Logan has announce

The State Government will launch a $9.3 drought assistance package for Wheatbelt farmers, with grants of up to $8,000 each, to help them cover costs incurred in managing drought effects, Premier Alan Carpenter has announced.

Moves towards the construction of a 60,000-seat multi-purpose stadium have progressed further with the commencement of discussions between State Government officials and the Western Australian Football Commission, according to Sport Minister John Kobelke.

West Perth-based gold mining company Dominion Mining Ltd has increased its net profit by 475 per cent to $51.7 million in the 2006-07 financial year, up from its $8.9 million net profit in the previous reporting period.

The State Government has commenced a 15 week consultation process on its renewable energy strategy, after economic modelling revealed the costs of reaching its target of 15 per cent renewable energy by 2020 would exceed $1 billion.

Online survey by Australian online investment resource Direct Access finds that more than two thirds of respondents predict continued returns of 10 per cent or more over the next couple of years.

A company owned by former Justice Department head Alan Piper has been placed in charge of building the Fiona Stanley Hospital, the Department of Housing and Works has announced.

Fortescue Metals Group has signed a joint venture agreement with a subsidiary of China-based Shanghai Baosteel Group Corporation, to explore and potentially develop a one billion tonne magnetite deposit in the Pilbara.

The RAC added to concerns about fuel prices today, stating that prices are too high because of a lack of competition in some regional areas.

Energy and resources sector asset services contractor PearlStreet Ltd has announced a $1.6 million net profit for the year ended 30 June 2007, it maiden profit as a listed entity.

Perth-based boutique wealth management firm Plan B Group Holdings Ltd has announced a $4.3 million net profit, over the $4.2 million forecast in the company's recent initial public offer.

South Guildford-based Swick Mining Services Ltd has recorded a net profit of $5.4 million in its first year of trade on the Australian Stock Exchange, which it says was a result of strong demand for underground diamond drilling.

Perth-based Amcom Telecommunications Ltd has announced a 26 per cent increase in net profit to $4.1 million, increasing its dividend to 0.5 cents fully franked for the 2006-07 financial year.

Perth-based base metals miner Perilya Ltd has announced a net profit after tax of $82.5 million, up 23 per cent on the previous year's results, despite a difficult second half.

West Perth-based minerals explorer Bass Metals Ltd is moving towards first ore production at its Que River base metal project after signing a sales agreement with Zinifex Ltd, the company has announced.

Perth-based Coretrack Ltd has been offered an AusIndustry Commercial Ready Grant of $1.3 million over a period of 2 years to help it commercialise its Core Level Indicator System, the company has announced.

Perth-based biodiesel producer Mission Biofuels Ltd has completed construction of its 100,000 tonnes per annum Biodiesel Plant at Kuantan Port, Malaysia, with commissioning to be completed by mid-September, the company has announced.

Three giants of Western Australia's resources sector - Woodside Petroleum Ltd, Rio Tinto Ltd and BHP Billiton Ltd - have had projects funded by them recognised in the recent Prime Minister's Awards for Excellence in Community Business Partnerships.

A survey taken in June and July showed Australian rural confidence had rebounded dramatically as promising early winter rainfall and record commodity prices fuelled farmer optimism, though the Western Australian increase was only marginal.

Fremantle-based marine services company Mermaid Marine Australia Ltd has secured a net profit of $12.5 million, up 36 per cent on the previous year's results, the company has announced.

Nickel miner Minara Resources Ltd reported a 145 per cent increase in interim profit today, capping off a week that has seen a raft of mining and mining services companies deliver record profits on the back of high commodity prices and surging activity.

Canning Vale-based drilling, blasting and exploration contractor Ausdrill Ltd has secured a 44 per cent increase in net profit to $27.5 million for the 2006-2007 financial year.

East Perth-based engineering consulting company Lycopodium Ltd has reported a net profit of $8.9 million, up 17 per cent from the previous period, the company has announced.