Staff Reporters

Iluka Resources Ltd's, wholly owned subsidiary Iluka (Eucla Basin) Pty Ltd and Mithril Resources have formed a joint venture to explore heavy mineral sands at Mithril's exploration license in the Eucla Basin, South Australia.

Perth-based telco CommodiTel Ltd reported its breakthrough maiden profit in what was a positive March quarter for the mobile telecommunications-focused group.

Australian Competition and Consumer Commission has launched a guide for the small business sector to assist it to understand the essential elements of trade practices law compliance.

Consolidated Minerals subsidiary Consolidated Nickel has launched a takeover bid for resources explorer Titan Resources Limited.

Clough Ltd has announced the appointment of Richard Harding as a non-executive director, effective from May 30.

Western Australian-based gold company Focus Minerals Ltd and its joint venture partner, Canada's Committee Bay Resources Ltd, today announced the commencement of resource estimation work at the Tindals mining centre, at the Coolgardie Gold project in WA.

The Housing Industry of Australia's Western Australian division believes that despite inflation being higher in the March quarter interest rates should not rise.

THE WEST AUSTRALIAN (BUSINESS NEWS SECTION):

Commonwealth Bank of Australia ceased to be a substantial shareholder

UBS Nominees Pty Ltd increased its relevant interest from 11,498,151 ordinary shares (10.26%) to 13,240,910 ordinary shares (11.81%)

MIR Investment Management Ltd decreased its relevant interest from 9,668,090 ordinary shares (8.73%) to 8,338,059 ordinary shares (7.51%)

Has reached agreement with Monarch Resources Limited to sell its Minjar gold and base metal assets in Western Australia’s Mid West region for a total consideration of $10 million

Annual General Meeting will be held at the Duxton Hotel, 1 St Georges Tce, Perth on Friday 26 May 2006 at 9.30am.

ONE of State Parliament’s most influential bureaucrats set up a bogus law firm using the real name of a secret anti-corruption operative known as T3 to steal more than $200,000 to feed his daily amphe

Staff and subcontractors are employed to do most technical aspects of the work, which includes design and supply.

Proposed code: BUR Issue price: $0.20 Principal activities: oil and gas exploration Corporate: John McAlwey (non-executive chairman), Andrew Kugler, Jr (non-executive director), Michael Sandy (executi

Suite 1201, 1 Queens Road, MELBOURNE, VIC 3004, Ph: (03) 9863 7822, Fax: (03) 9863 7823

This fact sheet provides information about proposed changes for businesses using alternative fuels for road transport under the energy grants credits scheme http://ato.gov.au/distributor.asp?doc=/cont

Ross Smyth-Kirk became a substantial shareholder with a relevant interest of 4,586,271 ordinary shares (5.3%)

UBS Nominees Pty Ltd increased its relevant interest from 8,457,554 ordinary shares (9.09%) to 12,074,144 ordinary shares (12.98%)

Antofagasta plc has reached a relevant interest in Tethyan Copper Company Ltd shares of 51.77%. Antofagasta’s recommended takeover offer for Tethyan has now been declared unconditional.

A General Meeting will be held at The Celtic Club, 48 Ord Street, West Perth, Western Australia on Wednesday, 15 May 2006 at 11am

Has raised $4.1 million through a share placement at $0.40 cents per share, comprising 10 million shares to several European institutions, and 0.25 million shares to a local sophisticated investor

THE Wine Education Centre has quit its long established presence in the Claremont Showgrounds to set up shop in West Perth.

Since 1998 this business has handled general freight in the Perth metropolitan and country areas. Trucks & trailers enable transport of most freight including steel & containers.

Knight Frank has appointed three managers to its investment property management team in Perth.

ASPEN Group believes its Aspen Parks Property Fund is on track to achieve the fund’s target of $150 million in assets by July 2009.

Remote community schools - relocation of transportable buildings, Stateway Pty Ltd - $599,181.00

Portfolio Partners Ltd ceased to be a substantial shareholder

Greenwich Resources plc increased its relevant interest from 69,036,174 ordinary shares (65.61%) to 70,938,904 ordinary shares (87.96%)

Barrick Gold Corporation Ltd increased its relevant interest from 60,369,142 ordinary shares (44.14%) to 68,165,561 ordinary shares (49.84%)

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