Edited announcement

Nomad Building Solutions Ltd has been awarded a $20 million contract to manufacture and install an additional 400 rooms and associated facilities at Robe River Mining Associates' Mesa A Iron Ore Project in the Pilbara.

Charter Hall Ltd and Perth-based Wyllie Group have paid $41 million for a portfolio of properties in inner city Melbourne owned by Fosters Group Ltd.

Western Australia is on the verge of a plant breeding revolution, following the signing of two historic agreements between WA and Zhejiang University in China.

The Federal Court today ordered 91 workers who took part in unlawful industrial action on the Perth to Mandurah railway project to pay fines of up to $10,000 each.

Investment group Babcock & Brown has paid $16.1 million for a major stake in Steve Robertson's boutique residential development outfit PRM Property Holdings Pty Ltd.

West Perth-based Greenland Minerals and Energy Ltd has raised more than $21 million through the issue of 17.5 million shares and one option to international and sophisticated investors.

Michael Kiernan's diversified mineral company India Resources Ltd has expanded its footprint in the Indian resources sector, paying $2.3 million for a 17 per cent stake in fellow Indian minerals developer Pebble Creek Mining Ltd

Natural gas consumption in India has the potential to rise significantly- from 32 billion cubic metres in 2005 to 82 billion cubic metres in 2025- according to a new Australian Bureau of Agricultural and Resource Economics report.

Nickel and base metal explorer Breakaway Resources Ltd has entered into a strategic farm-in joint venture worth $3.5 million with Barra Resources Ltd, over an ambitious gold exploration programme at Breakaway's Kambalda West project in Western Australia.

Solbec Pharmaceuticals Ltd's Anthony Kiernan has announced his retirement as chairman and director of the company.

PepinNini Minerals Ltd has paid $5.5 million for a 51 per cent stake in Eagle Gold Mines Ltd and entered into a farm-in agreement with the company to explore for iron ore in seven Eagle Gold tenements in the Robinson Range area of Western Australia.

More than 60 per cent of Australia's small to medium enterprises say their preferred way of interacting with their bank is through a relationship manager but very few currently have one, East & Partners' latest SME Banking Markets Report reveals.

International biopharmaceutical company Bone Medical Ltd has raised almost $1.25 million in a private placement to investors including Bone non-executive director Leif Helth Jensen and major shareholder Proxima Concepts Ltd.

The grains industry continues to achieve productivity improvements, with average annual growth of 2.7 per cent between 1977-78 and 2005-06 according to latest figures from the Australian Bureau of Agricultural and Resource Economics.

The state opposition has called on the government to expedite a decision on the location of a new 60,000 seat multi-purpose stadium, following yesterday's breakthrough agreement between the government, AFL and the West Australian Football Commission.

Perth-based coal exploration company East Energy Resources Ltd has made a successful start to public life, with its share price closing 60 per cent stronger at 40 cents, on an issue price of 25 cents.

Aspen Group Ltd has taken full ownership of the Monkey Mia Dolphin Resort, after taking up the remaining 50 per cent stake in the resort for $9.5 million.

Monadelphous Group Ltd has secured two new oil and gas contracts with a total value of approximately $140 million.

Swick Mining Services Ltd has been awarded new drilling contracts worth $55 million per annum with a number of leading mining houses including Consolidated Minerals, Oxiana, Jubilee, Territory Resources, Barrick and Newmont.

New home sales figures released by the Housing Industry Association of Western Australia today, show a 10.4 per cent rise in the sale of new homes among WA's largest builders in November.

Monarch Gold Ltd has remodelled its 12 month mine plan for 2008 to ensure monthly gold production targets can be met.

Global Construction Services Ltd has acquired two Western Australian concrete contracting businesses, Newave Contracting Pty Ltd and Blueline Contracting Pty Ltd, for a total of $7.9 million.

The Committee for Economic Development of Australia has appointed Perth media figure and Rugby WA spokesman Tom Baddeley, as its new WA state director.

Perth-based biodiesel producer Mission Biofuels Ltd has officially opened its first biodiesel and glycerine purification refinery in Kuantan, Malaysia, which is set to start commercial production next month.

West Perth-based diamond explorer Paramount Mining Corporation Ltd has appointed Solco Ltd chairman Steven Cole as its new non-execuitve chairman.

The state opposition has unveiled a major plan for the strategic relocation of heavy port operations and road freight traffic out of North Fremantle to a new port in Kwinana, which could link in with Len Buckeridge's James Point port proposal.

Canberra Investment Corporation Ltd has taken a 30 per cent stake in a 16-stage residential subdivision at Port Geographe, which is being developed by joint venture partners Macquarie Bank Ltd, Saracen Properties Pty Ltd and Axiom Properties Ltd.

Euroz Ltd announced today that its subsidiary Westoz Funds Management Ltd has successfully completed an $80 million capital raising for the initial public offering of Ozgrowth Ltd.

West Perth-based gold explorer Exco Resources Ltd has sold its Exco Operations (SA) subsidiary for $12 million to Syrah Resources Ltd and RMB Resources Ltd.

Emerging Australian gold company Emmerson Resources Ltd has made a steady debut on the Australian Securities Exchange, following the completion of its heavily oversubscribed $20 million Initial Public Offer.

Newly listed West Perth-based resources company Apollo Minerals Ltd has taken a significant step forward in the development of its recently acquired Western Australian iron ore project, following the signing of a Memorandum of Understanding with Chinese I

Indigenous affairs minister Michelle Roberts has welcomed a recent decision by the Magistrate's Court to fine the Westralia Airports Corporation $10,000 for damaging an Aboriginal heritage site.