Fraser Beattie

Shares in Brierty have tumbled on news the civil and construction contractor stands to lose $15 million on a deal with Main Roads Western Australia.

The gold sector has continued to be positive for investors and stockbrokers, with a $12.5 million capital raising announced today by West African Resources adding to more than $150 million worth of deals launched by Western Australian companies this year.

Innovative concrete manufacturer Eden Energy has received a $US25 million ($A32 million) incentive package to progress construction of a production facility in the US state of Georgia.

A medical research company linked to Curtin University is seeking an ASX listing through the reverse takeover of Minquest in a deal worth nearly $5 million.

Perth-based ASG Group has won a $10 million contract to provide IT services to the Australian Bureau of Statistics over a two-year term.

The state government has awarded building and construction contracts to a number of local businesses, including Perkins Builders, with the combined value of the contracts worth about $37.3 million.

Energy giant Woodside Petroleum has signed an agreement for the supply of liquefied natural gas to an Indonesian corporation for an undisclosed sum.

West Perth-based tech company TikForce has closed marginally lower on its first day of trading, following completion of a $4.5 million capital raising as part of a reverse takeover by Palace Resources.

The federal government's decision to inject an extra $260 million into the Perth Freight Link for construction of a road tunnel has drawn heated criticism, with the City of Fremantle saying an additional $1.4 billion was still required to address a core shortfall of the latest proposal.