Staff Reporters

THE proliferation of coffee shops and purveyors springing up around the Terrace can lead one to think these are highly profitable enterprises.

Patrick Corbett (pictured) has joined management consulting and technology firm Change Corporation as a senior manager, having previously consulted to international financial services organisations in

NICKEL explorer Albidon has agreed to raise $13 million through a placement pitched at 62 cents per share.The funds will be used to complete a feasibility study at the Munali nickel project in Zambia

Gemstar Diamonds Proposed code: GEM Issue price: $0.20 Principal activities: diamond exploration.

Eqitx Ltd 20-Sep-05 Paul Gabriel Sharbanee increased its relevant interest from 3,435,00 ordinary shares (8.68%) to 3,999,000 ordinary shares (10.11%).

Citrofresh Ltd 29-Sep-05 Lodged response to ASX query.

Reed Resources Ltd Annual General Meeting to be held at The Western Australia Club, 101 St George’s Terrace, Perth Thursday, 10 November 2005 at 3.00pm.

A team of MBA students from The University of Western Australia’s Graduate School of Management (GSM) has won a national business competition in Sydney.

WESTERN Australia’s first pure lead mine was officially opened last week.

Gavin Argyle has resigned as a director for Biron Capital Limited.

October 19 Eldore Mining Proposed code: EDM Issue price: $0.25 Principal activities: gold exploration.

Contact Resources 4-Aug-04 Mandevilla Pty Ltd became a substantial shareholder with a relevant interest of 2,320,002 ordinary shares (5.49%).

Black Range Minerals Ltd 26-Sep-06 Has lodged a prospectus with the ASIC to issue up to 54 million new shares at an issue price of 2.2 cents per share to raise up to $1.188million.

Avoca Resources NL Annual General Meeting to be held at The Celtic Club 48 Ord Street, Perth at 10.00am, Friday October 28, 2005.

Alliance Resources Ltd 29-Sep-05 Has received irrevocable commitments from "professional and sophisticated investors" for the placement of 18,181,818 new fully paid ordinary shares at $0.11 per share,

Café – Southwest Price $435,000 Outstanding cafe seating 31 inside and 61 in alfresco area. Prominent position on main street in major southwest tourist town.

DEVELOPMENT of the Perth Basin’s oil and gas fields has proceeded in fits and starts over the past 30 years.

ALL the way from London comes Wagamama, a Japanese noodle restaurant chain that will open shortly on Roberts Road, Subiaco.

Robert Butchart has been appointed as a director for Sherlock Bay Nickel Corporation Limited.

September 21 Elemental Minerals Code: ELM Issue price: $0.20 First day’s close: $0.24 Principal activities: gold and base metal exploration.

Kagara Zinc Ltd 20-Sep-05 AMP Ltd ceased to be a substantial shareholder.

Queste Communications Ltd 14-Sep-05 Bell IXL Investments Ltd increased its relevant interest from 5,550,314 ordinary shares (18.88%) to 5,865,727 ordinary shares (19.95%).

Macmahon Holdings Ltd 23-Sep-05 Announced a placement to institutional investors of 57.2 million shares at $0.47 per share to raise $26.9m.

Namakwa Diamond Company NL 19-Sep-05 Has secured a 6-month option to evaluate and potentially acquire a group of large-scale diamond deposits located in the heart of one of Brazil’s most prolific diam

Mount Burgess Mining NL Annual General Meeting to be held at Sandalwood/Sheoak Conference Room, Ground Floor, Hol-iday Inn City Centre, Hay Street, Perth, Western Australia at 10.30 a.m.

GST and the arbitration process for long-term non-reviewable contracts – questions and answers.

Coffee Muffins. Price $195,000 Urgent sale! Very busy location. Would nett couple working 5 days per week minimum $110,000pa. Full training.

THE adoption of international accounting standards by Australian companies has wiped about $17 billion off balance sheets.

Cell Aquaculture has appointed Quenton Leach as an alternate director for Perryman Leach.

A NUMBER of Western Aust-ralian-based listed companies have taken advantage of buoyant times on the Australian Stock Exchange by raising additional capital.

October 25 Uranex Proposed code: UNX Issue price: $0.20 Principal activities: uranium exploration.

Impress Ventures Ltd 12-Aug-05 Zappia Nominees P.L. & Others became a substantial shareholder with a relevant interest of 35,000,010 ordinary shares (15.74%).