Australian Market Report of February 10, 2011 includes: Calzada (ASX:CZD) announced positive results in human stem cell study for bone growth; PharmAust Limited (ASX:PAA) is to acquire a European high grade precious and base metal project; Northern Star Resources (ASX:NST) announced strong gold production results in Western Australia; Latin Resources Limited (ASX:LRS) is to acquire 14,068 hectares of world class Iron and Heavy Mineral Sands tenements in Peru.