Edited announcement

A submarine telecommunications cable off Perth's City Beach will be further protected from February 1 next year when a protection zone declared today by the Australian Communications and Media Authority comes into effect.

Bibra Lake-based rubber recycling and manufacturing company Reclaim Industries Ltd has been awarded a $567,500 grant by the Federal and South Australian governments for their increased investment in the state.

West Perth-based engineering services company Neptune Marine Services Ltd has secured a series of new diving and maintenance related projects in the United States and Australia.

Belmont-based gold and base metals explorer Great Australian Resources Ltd has completed an agreement with Perth-based metals explorer View Resources Ltd for the latter's purchase of a tenement within the Corboys gold project area.

Nedlands-based ophthalmology product development company Advanced Ocular Systems Ltd has sold intellectual property related to Mineralocorticoids, a steroid hormone, to Australian eye care development company Eye Co Pty Ltd for $100,000.

South Perth-based Australian Renewable Fuels Ltd will issue 25.8 million, 5 year options at a strike price of 19 cents to Macquarie Bank Ltd in return for its advice in relation to business development and financing and operational strategies.

The Master of Business Administration degree offered by Curtin University's Graduate School of Business has been ranked 80th in the world in a survey published by The Economist.

West Perth-based energy company Wasabi Energy Ltd has taken a 20 per cent stake in Melbourne-based evaporative water loss-prevention company Aqua Guardian Group Ltd for $500,000, ahead of its planned listing on the Australian Securities Exchange.

Perth-based metals explorer View Resources Ltd plans to raise $10 million through a rights issue, the company announced today, as well as securing a new debt facility under plans to move its Bronzewing gold project into positive cash flows by December.

Nedlands-based Hawk Resources Ltd will acquire 80 per cent of the Callie Soak tungsten prospect, currently owned by Richmond Resources Pty Ltd, for $60,000 in cash and scrip, the company has announced.

South Perth-based agricultural investment company the ARK Fund Ltd has increased the size of its debt facility with the National Australia Bank to $27 million, the company has announced.

West Perth-based explorer Silver Swan Group Ltd has earned a 51 per cent stake in the Cocata copper-gold project after meeting the exploration expenditure committments set out under its joint venture with Sydney-based Intermet Resources Ltd.

Cannington-based security technology group QRSciences Holdings Ltd associated company Spectrum San Diego Inc has been awarded a supply contract by the US Transportation Security Administration worth $42 million, the company has announced.

West Perth-based Monitor Energy Ltd has raised $500,000 in a placement to advance exploration of the company's oil and uranium projects in the Kyrgyz Republic and to supplement working capital, the company has announced.

West Perth-based uranium explorer U308 Ltd has signed a joint venture agreement with Canada-based uranium producer Cameco for a joint venture project over eight tenements in the Ashburton region of Western Australia.

Perth-based CityView Corporation Ltd has acquired the right to purchase 100 per cent of Petro Energy Africa Ltd, a move that would give it operational control of the North Matanda oil project in Cameroon.

Redcliffe-based construction services company Global Construction Services Ltd has acquired Landsdale-based accommodation provider Budget Portables for $10 million, the company has announced.

Monarch Gold Mining Company is fast tracking the development of its high grade Kalgoorlie gold projects and ramping up production at its Davyhurst mill over the next four months, the company announced today.

An open door for further negotiations between local governments and the Federal Department of Transport and Roads on the cost of new security measures has pleased the WA Local Government Association.

Gold Corporation, the WA Government-owned operator of The Perth Mint and 40 per cent owner of the AGR Matthey gold refining joint venture, has announced an after tax profit of $7 million compared to the previous year's result of $4.8 million, it announced

West Perth-based oil and gas explorer Deltana Energy Ltd has opened its initial public offer to raise $16 million, funding a planned exploration program in northern Italy's Po Valley region.

South Perth-based agricultural investment company the ARK Fund Ltd has purchased a 41 hectare sugar cane farm west in Far North Queensland for $390,000, with plans to develop the property into a Teak plantation.

Private Chinese company Shandong Landbridge Group, which announced plans to take a $5.5 million placement in West Perth-based gold and base metals explorer Hannans Reward Ltd in June, has requested a second extension of time.

Perth-based gold explorer CGA Mining Ltd will issue shares worth around $67.4 million through a placement of shares and units to fund the construction of its Masbate gold mine in the Philippines, the company has announced.

CVRD-Inco has completed the second stage of evaluation of the Kalgoorlie Nickel Project, managed in a joint venture with Heron Resources Ltd, the West Perth-based company has announced.

Perth-based minerals explorer Northern Star Resources Ltd will pay $100,000 and issue shares and options to Fraka Investments Pty Ltd, resolving the company's competing claim for mineral rights over the Wilson River Project in the East Kimberley.

West Perth-based Mirabela Nickel Ltd has decided to proceed with its US$263 million (A$300 million) Santa Rita nickel project in Brazil, appointing GRD Minproc to provide engineering, procurement, commissioning and construction consulting services.

The State Government has committed $6.6 million to a plan to help children who suffer from potentially fatal allergic reactions, Premier Alan Carpenter has announced.

The Executive Director of the State Government's Drug and Alcohol Office, Terry Murphy, has been appointed Director General of the Department for Child Protection, Child Protection Minister Sue Ellery has announced.

Perth-based gold miner Resolute Ltd has announced a $51 million rights issue to fund development of its Syama gold project in Africa and its Mt Wright project in Queensland.

Nedlands-based ophthalmology product development company Advanced Ocular Systems Ltd has sold the intellectual property rights to its Corneal Inlays project to a US company for around $1.1 million, the company has announced.

Western Power has announced a net profit of $69.4 million for the year to June 2007, which it said was lower than expected as a result of rising materials costs and the tight labour market.