Edited announcement

O'Connor-based toy developer Brainytoys Ltd has resolved a dispute with its major shareholder and secured convertible note holder, Noble Investments Pty Ltd, in relation inter alia to the proposed terms of conversion.

Engineering company WorleyParsons Ltd has been awarded a five-year maintenance contact at BP's Kwinana oil refinery, expected to generate revenue of $70 million.

Northbridge-based Impact Minerals Ltd is free to resume exploration of its Yarrabubba project, near Meekatharra, after plaints lodged against six tenements at the site in 2006 were dismissed by the Warden's Court.

Western Australia's Chamber of Commerce and Industry has taken a swipe at the state government over its dependence on gas from the North West shelf, as the government-owned Western Power moved to allay fears of rolling blackouts this afternoon.

Polaris Metals NL has revealed a new look management team with chief operating officer Jonathan Lea replacing Kevin Schultz as managing director, as the iron ore hopeful switches its focus from exploration to production.

Technology company Computronics Holdings Ltd has announced plans to pursue international growth opportunities in the agriculture and electronic signage sectors after completing a $1.5 million capital raising.

Woodside Petroleum Ltd, the operator of the North West Shelf Joint Venture (NWSJV), has shut down the Karratha gas plant following an electrical fault.

Clough Ltd has successfully completed a capital raising of more than $45 million, via the placement of 108 million shares to its shareholders and the underwriter of the rights issue, Murray & Roberts Ltd.

South Perth-based bamboo flooring manufacturer Style Ltd has embarked on a major board restructure following a strategic review.

Wavenet International Ltd has received a substantial order to the value of $1.6 million for the engineering development and production supply of modems for Chinese energy utility markets.

Engineering company RCR Tomlinson Ltd has announced three changes to its board of directors, including the appointment of Roderick Brown as its new chairman following the retirement of Raymond Lynch.

The state government has called for submissions on an issues paper released today as part of a review of electricity prices for all residential, community and business customers.

West Perth-based Regal Resources Ltd has sold its Eucalyptus Gold project in Western Australia's north eastern goldfields for $2 million in cash to a private syndicate.

Barra Resources Ltd says it has hit pay dirt after uncovering what it believes is one of the most spectacular gold discoveries in Australian resources history at its Burbanks underground mine near Coolgardie.

Rio Tinto Iron Ore has given the green light to construct a Remote Operations Centre on a two-hectare site at Perth's Domestic Airport, as foreshadowed in WA Business News this month.

The state government has announced a commitment of $119 million for the Natural Heritage Trust Phase Three, over five years.

The State Government has established a new committee to work on solutions to the skills shortage in the Information and Communications Technology industry in Western Australia.

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.