Edited announcement

Shares in South Perth-based electronic product developer and distributor Intellect Holdings Ltd have rose almost 14 per cent today after the company won $6.25 million in new orders in Austria.

Monarch Resources Ltd has reached agreement to acquire the Minjar Gold Project in Western Australia from Gindalbie Metals Ltd for a staged total of $10 million over 12 months.

Perth-based Namakwa Diamond Company LN and Tantalum Australia NL have raised $558,000 and $550,000 respectively to fund further exploration activities.

Construction has begun today on The Griffin Group's new coal-fired power station, Bluewaters 1, near Collie.

Arafura Resources Ltd today announced it had raised $5.6 million to pursue exploration and development programs of its rare earths, uranium and gold projects.

Shares in Malaga-based Advanced Engine Components Ltd rose almost 8 per cent after announcing its first commercial sales to First Auto Works in China with an order in excess of $400,000.

West Perth-based gold explorer Adamus Resources Ltd will raise approximately $13 million to fund it's current Feasibility Study and to accelerate exploration drilling at its Southern Ashanti Gold Project in Ghana.

Burswood-based Otraco International Pty Ltd has been acquired by engineering services group Downer EDI Ltd.

Perth-based Australian Healthcare Technology Ltd's RX Enterprise has been chosen by integrated occupational health and safety solutions provider Prime Health Group for its new enterprise software platform .

Perth-based gold explorer Alkane Exploration Ltd has received a $3.29 million AusIndustry Commercial Ready Grant to be allocated towards advancement of its Dubbo Zirconia project in New South Wales.

Western Australian engineering firm AGC has won an $11 million contract to fabricate a mobile biofuels plant for Natural Fuel Australia's $45million biodiesel facility in Darwin.

Fortescue Metals Group Ltd has announced mining experts Snowden Mining Industry Consultants has completed the mining feasibility study for the first stage of the Pilbara Iron Ore Project covering its Cloud Break and Christmas Creek deposits.

Shares in West Perth-based Liquefied Natural Gas Ltd rose almost 5 per cent today following the company signing an equity subscription agreement with owner of LNG transportation Golar LNG to raise $11.

The Vasse Small Business Centre (SBC) in Busselton - a key component in the Government's strategy to improve services in the region - was launched yesterday.

A joint water research group including the Department of Agriculture and Food Western Australia (DAFWA) and the University of Western Australia (UWA) through the institute Agriculture Research Western Australia (ARWA) was established yesterday.

West Perth-based Matrix Oil NL has issued a prospectus to raise $3.5 million pursuant to a public offer and up to $500,000 in a pro rata offer to existing shareholders.

Former directors of Australian Managed Funds Limited (AMF), Messrs Peter Cornelius Beekink, Gregory Phillip Gaunt and Hersch Solomon Majteles, have been fined a total of $45,000 in Perth's Federal Court after making misleading statements in a prospectus.

Western Australia's booming housing market has opened the door for the State Government to launch a new $500,000 pilot apprenticeship scheme.

Perth-based stockbrokers Euroz Ltd have posted an unaudited net profit after tax of $11.4 million for the period 1 July 2005 to 7 April 2006, representing a 24 per cent increase on 2005's audited annual NPAT of $9.2 million.

Shares in JV Global Ltd have shot up almost 27 per cent after its wholly owned subsidiary, JV Global (Australia) Pty Ltd, signed a formal joint venture agreement with India's Shapoorji Pallonji Group.

The state government has stated that community input will pay a vital role in its assessment of Alcoa's plans to expand the Wagerup alumina refinery in Western Australia's south west.

West Perth-based Emeco Ltd has advised it will proceed with an initial public offering in the second half of 2006 with Credit Suisse, Citigroup and UBS appointed as joint lead managers of the IPO.

The Princeton private estate at Stirling has sold its last remaining homesite two years ahead of schedule.

The majority of Australian employers are still failing to proactively seek to attract and retain mature aged workers, despite the nation's rapidly ageing workforce and growing skills shortage, according to a survey.

The Takeovers Panel has rejected The Australian Gas Light Company's request for interim orders restraining Alinta Group Holdings Ltd from dispatching its bidder's statement for AGL.

Swedish company Sandvik Mining has announced a $106 million takeover offer for equipment manufacturer SDS Corporation Ltd.

The federal government, from 1 July, will halve the incorporation fee for small businesses to $400 to encourage them to incorporate to take advantage of the Work Choices industrial relations changes.

Property developer and manager United Overseas Australia Ltd has announced the almost $8 million sale of an eight-story office block in Bangsar, Malaysia.

Prominent Western Australians are about to be showcased around the globe on a new BBC World television series.

Australian executives believe they are good at leading by example but are less confident in creating a clear vision and strategy for the future, according to a survey released today.

A 22-year-old businessman, who is passionate about ensuring disabled people can make the most of life, has been named Western Australia's Young Person of the Year for 2006.

A warchest of up to $45 million has been set aside by low cost Australian gold producer, Troy Resources NL, to expand its current worldwide exploration operations.