Staff Reporters

Western Australian-based oil and gas player Nexus Energy Ltd and Anzon Australia Ltd are engaged in a takeover tussle, as Anzon attempts to take control of Nexus.

StateWest Credit Society members have voted for demutualisation for the second time as part of a rerun of its proposed merger with Home Building Society Ltd.

Insurance broking major The OAMPS Group has purchased specialist Western Australian maritime industry insurance broker, Gault Armstrong Kemble Pty Ltd.

Mineral sands producer Iluka has achieved increases in production and sales revenues for its main mineral sands products over the the corresponding quarter in 2005.

Tap Oil Ltd and its joint venture partners has advised that after interruptions caused by recent cyclone activity, its Woollybutt Field oil operations in the Carnarvon Basin has recommenced production.

Western Australia has 23 nominees in the field of 108 competing for the Ernst & Young Australian Entrepreneur of the Year 2006.

Entek Energy Ltd ceased to be a substantial shareholder

Anthony Barton & Associates Pty Ltd increased its relevant interest from 14,000,000 ordinary shares (8.4%) to 16,400,000 ordinary shares (9.9%)

Atacama Copper Pty Ltd increased its relevant interest from 55,557,991 ordinary shares (40.63%) to 60,369,142 ordinary shares (44.14%)

Sandvik AB, through its wholly owned subsidiary, Sanvik Mining & Construction Australia Pty Ltd announce their intention to make a takeover offer for SDS Corporation

General Meeting will be held at 11.00am on at Level 31, Allendale Square, 77 St Georges Terrace, Perth on 12 May 2006

GRD Ltd has appointed former premier Richard Court (left) as non-executive chairman, to replace Brettney Fogarty, who has announced he will step down as chairman.

Well established business with a long and profitable history. Located in a growing South West location. Multiple product lines & repeat clientele. Justin Virgin: 9443 7171 Schultz Partners

Proposed code: CDT, Issue price: $0.20, Principal activities: gold exploration, Corporate: Michael Ivey (executive chairman & managing director), Campbell Ansell (non-executive director), Michael Ashf

AMPOLEX, the target of a $1.5 billion takeover by Mobil, may face legal action if it tries to sell its stake in the Gorgon gas field off the Western Australian coast.

The continuing popularity of equity release products – including reverse mortgages and home reversion schemes – has prompted ASIC to release new information to help consumers understand the products a

LR Global Fund became a substantial shareholder with a relevant interest of 13,000,000 ordinary shares (5.34%)

Dundee Corpoartion increased its relevant interest from 20,292,266 ordinary shares (5.98%) to 26,297,365 ordinary shares (7.55%)

Barrick Gold Corporation increased its relevant interest from 51,627,639 ordinary shares (37.75%) to 55,557,991 ordinary shares (40.63%)

Has signed has signed an offtake agreement for the Gambian project 's entire zircon & rutile production a world market prices. The offtake party is 50% project partner Astron Ltd.

Announced a placement of 650,000 fully paid ordinary shares in the Company at a price of $2.00 per share, raising $1,300,000.00.

ENGINEERING services group Calibre has opened a Queensland office as part of its expansion program, appointing Paul Bartlett to run the new operation.

Highly profitable niche supplier and manufacturer of essential products to the building industry and private business. The company has developed a very loyal client base in WA over the past 30 years.

Proposed code: GEM, Issue price: $0.20, Principal activities: diamond exploration, Corporate: Monty House (chairman); Les Field (technical director); Anthony Short (non-executive director); Peter Hwan

ARAFURA Resources chief financial officer George Bauk made the decision to establish a charity after he was given overwhelming support by the Telethon Speech and Hearing Centre to help his son, Bodi,

R.C. Doak ceased to be a substantial shareholder

Equity Trustees Ltd as RE for SGH Prof Investor Smaller Companies Trust became a substantial shareholder with a relevant interest of 5,486,624 ordinary shares (5.896%)

Rockfield Investments Ltd changed its relevant interest from 63,890,128 ordinary shares (25.22%) to 81,555,158 ordinary shares (20.2%)

Shareholder Share Purchase Plan that was recently offered to all Arafura shareholders has raised A$5.58 million dollars

Is to divest NSW gold assets via a trade sale or separate IPO.

HOT on the heels from the superannuation scandal surrounding his former pharmacy employees, Police and Justice Minister John Dorazio's financial dealings are in the spotlight again.

MARK Ashley (above) will join Perth-headquartered resources explorer Apex Minerals NL as chief executive officer and managing director to steer it through a $7 million expansion phase.