 |
Company News
|
![[Aerial View of Mine]](miningcompanies.jpg) |
|
|
Company News
|
|
|
![[Visit The Gold Coast]](GoldCoastHeading.jpg)
|
Friday 24 November 2006 (Close of Business - Wall Street)
|
||||||||||||
| All Ords | 5431.4 | -10.2 | Dow Jones | 12,280.17 | -46.78 | |||||||
| ASX100 | 4409.5 | -12.0 | S&P 500 | 1400.95 | -5.14 | |||||||
| ASX200 | 5453.6 | -13.3 | Nasdaq | 2460.26 | -5.72 | |||||||
| ASX300 | 5460.0 | -12.0 | NYSE Volume | 850,843,000 | ||||||||
| Materials (Sector) | 10,568.3 | -22.4 | Gold - spot/oz | US$637.90 | +9.30 | |||||||
| All Ords Gold (Sub Industry) | 4571.6 | +82.5 | Silver - spot/oz | US$13.40 | +0.39 | |||||||
| Metals & Mining (Industry) | 3518.9 | -3.6 | Platinum - spot | US$1192.00 | +47 | |||||||
| Energy (Sector) | 11,435.8 | -125.9 | Palladium - spot | US$331.00 | +9.00 | |||||||
| AGC Macquarie Au | 5102 | +96.3 | Uranium - spot US$/lb | US62.50 | unch | |||||||
| Hartleys Explorers Index | 12,913 | +113.2 | Bridge CRB Futures Index | 395.43 | +1.53 | |||||||
| Shanghai Composite | 2050.8 | -11.6 | Light Crude (NYM - $US per bbl.) | US$59.90 | +0.68 | |||||||
| FTSE 100 | 6122.1 | -17.9 | Natural Gas (NYM - $US/mmbtu) | US$7.96 | +0.24 | |||||||
| Nikkei | 15,734.6 | -179.6 | Copper (LME - spot $US/tonne) | 7130 | +165 | |||||||
| Hang Seng | 19,260.3 | -5.0 | Lead (LME - spot $US/tonne) | 1602 | +32 | |||||||
| A$ = US77.81 | +0.46 | Zinc (LME - spot $US/tonne) | 4615 | +70 | ||||||||
| A$ = 90.18yen | +0.23 | Nickel (LME - spot $US/tonne) | 34,325 | +825 | ||||||||
| A$ = 0.594Euro | -0.004 | Aluminium (LME - spot $US/tonne) | 2729 | +62 | ||||||||
| US 10-Year Bond | 4.548% | -0.020 | Tin (LME - spot $US/tonne) | 10,105 | +70 | |||||||
| Click on Links to Access Charts | ||||||||||||
|
||||||||||||
|
||||||||||||
| For The Latest Data Press Your Reload / Refresh Button |
Stocks fell Friday in thin trading, ending a shortened week quietly as the holiday shopping season began and attention turned to retailers and a steep decline in the dollar against other major currencies. The major stock indexes ended the week mixed, with only the Nasdaq composite index showing a gain.
Advancing issues outnumbered decliners, on very light volume, by about 8 to 7 on the New York Stock Exchange.
Crude-oil prices rose Friday after a deadly attack on an oil facility in Nigeria, and as the U.S. dollar weakened due to speculation of further interest rate hikes in Europe. The rise in dollar-denominated oil comes as the euro currency broke through the $1.30 barrier on Friday for the first time since April 2005.
Nickel soared to a 19-year high amid supply fears after a French court ordered Inco Ltd. to halt construction on part of its massive Goro nickel project in New Caledonia due to environmental concerns.
Copper prices in New York rose the most in a month, joining a rally in nickel and lead, after a declining dollar made the metal cheaper for buyers using other currencies.
Gold had a weekly gain in London as the dollar fell to a 19-month low against the euro, spurring demand for bullion as an alternative investment.
Appendix 3B: Convertible Note - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Extension of time for Las Lagunas Gold Tailings Project - Web Site
Dispatch of Prospectus - Web Site
Appendix 3B - Web Site
Share & Option Prospectus 24 November 2006 - Web Site
Meeting Results - Web Site
Appendix 3B - Web Site
Appendix 3B: Issue of Shares - Web Site
Appointment of Company Secretary - Web Site
Notice of Substantial Shareholding - Web Site
Results of 2006 AGM - Web Site
Appendix 3B - Web Site
Change of Registered office address - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Changes to the Board - Web Site
Supplementary and Original Prospectus - Web Site
Drilling commences at Kodadu in Eritrea - Web Site
Share Purchase Plan - Web Site
Change in substantial holding - Web Site
Trenching with Visible Gold at Andewa PNG - Web Site
KODU COPPER - GOLD - MOLYBDENUM DEPOSIT
RESOURCE DELINEATION DRILLING UPDATE
HOLE KFD001 COMPLETED AT 366.4M AND HOLE KFD002 NOW AT >130M
Frontier Resources have completed drilling the first hole and shipped the samples for analysis, from the initial 2,000m component of the planned approximately 10,000m Resource Delineation and Expansion Drilling Campaign at the Kodu copper-gold-molybdenum Deposit in Papua New Guinea.....
The first hole (KFD001) consists of strongly potassic altered monzonite porphyry from 1m to 113m downhole (with pyrite-chalcopyrite-magnetite mineralisation up to 5% locally), then moderately potassic altered monzonite porphyry from 113m to 223m (with pyrite-chalcopyrite-magnetite- molybdenite mineralisation up to 3% locally present as breccias, veins and fracture fill) then weakly potassic (pervasive and veined) altered monzonite porphyry with occasional pebble dyke stringers from 223m to 366.4m (with pyrite-magnetite-molybdenite mineralisation typically 2-3% present as veins, disseminations and breccia fill).
Hole KFD002 (presently at >130m), consists of strongly potassic altered porphyry from 1m to 130m, with pyrite-chalcopyrite-magnetite mineralisation present as disseminations, fracture fill and veining to 5% locally...... - Web Site
SHARE PLACEMENT
The Company is pleased to announce that it has reached agreements to place 14,985,000 shares with professional investors, at an issue price of $0.07 per share, to raise $1,048,950.
Funds from this placement will be applied to working capital, RC and diamond core drilling, metallurgical test work, down hole surveying, geochemical sampling, assaying and resource modelling and estimation on the Company's base metals project at Kihabe in Botswana and on adjoining ground in Namibia.
- Web Site
AGL confirms additional $55m cost savings AGL Energy Limited (AGL) has today announced it has largely completed its corporate restructuring program and is now able to confirm additional ongoing cost savings of $55 million per annum.
AGL Managing Director Paul Anthony said the restructuring program was now 75 per cent complete allowing AGL to quantify the full benefit of the resulting cost savings. These savings are in addition to the previously disclosed $60 million annual savings arising from Project Phoenix, AGL's retail process and systems restructuring and rationalisation program.
When combining both the previously announced Project Phoenix savings and today's corporate cost savings, the new AGL is looking to deliver ongoing, sustainable cost savings of approximately $115 million per annum..... - Web Site
Results of AGM - Web Site
Appendix 3B - Web Site
Results of AGM - Web Site
Chairmans Presentation to AGM - Web Site
Lyginia 1 Exploration Well Spuds
ARC Energy Limited advises that operations at the Lyginia 1 well, operated by ARC Energy and located in the onshore Perth Basin Production Licence L1, commenced at 0700 hours WST on Friday, November 24th, using the Century 18 drilling rig. At 0830hrs this morning, a 311 millimetre (12 1/4 inch) hole has been drilled to 76 metres.
Lyginia 1 is located approximately 13 kilometres southeast of the township of Dongara. The primary target is the Late Permian Dongara Sandstone, the main oil-producing reservoir in the Jingemia, Hovea and Eremia oil fields.
Lyginia 1 is designed to penetrate the highest point on an anticlinal structure at the Dongara Sandstone level. The well will be drilled directionally and is prognosed to intersect the top of the Dongara Sandstone at approximately 2,215 metres measured depth, approximately 146 metres southwest of the surface location.....- Web Site
Results of Meeting - Web Site
Outcome of AGM & Proxy Votes - Web Site
GOG: Status of Managing Director - Web Site
GOG's ann: Letter received from Beach Petroleum Limited - Web Site
Acquisition of Additional Interests in Texas Gas Field Devts - Web Site
Appendix 3B - Exercise of Options - Web Site
ASX Circular: Reorganisation of Capital - Web Site
AGM Result of Resolutions - Web Site
Results of AGM - Web Site
OPERATIONS UPDATE - COAL VIEW UNIT 31-4 - TOW CREEK PROJECT, ROUTT COUNTY, COLORADO, USA
The directors of Comet Ridge Limited (ASX Code COI) are pleased to provide the following update on the Coal View Unit 31-4 well being drilled on the Tow Creek prospect in Routt County, Colorado, USA.
As of 6 am (Perth or Western Standard time) the rig was drilling ahead at 1,050 feet (320 m). Surface casing was set at 288 feet (88 m).
A number of apparent fracture zones have been encountered since drilling out the surface casing, resulting in mud losses and in one instance the drilling string became stuck. Some time has been lost as a result.
The well will now be drilled to a vertical depth of 3,785 feet (1153 m) before starting to build angle to around 38 degrees. The next string of casing (7 inch) will be set at around 4,900 feet (1,444 m). The top of the first reservoir interval in the Niobrara is expected at around 5,200 feet (1,585 m) measured depth.
The well will test three fractured shale reservoir intervals totalling approximately 450 feet (137 metres) in thickness in the Niobrara Formation and is targeting potential reserves of 200,000 to 500,000 barrels of oil.
The well will be drilled to a measured depth of 6,600 feet (2,011 m) with the bottom hole location approximately 1,500 feet (460 m) due south of the surface location. The well will take approximately 30 days to drill and another 5 to 10 to complete... - Web Site
Results of AGM - Web Site
Drilling indicates strong depth potential - Wilgerup deposit - Web Site
Results of AGM - Web Site
Exploration Presentation AGM - Web Site
Alternate Director Appointment - Web Site
2006 AGM - Results - Web Site
Approval of Resolutions at AGM - Web Site
Significant Uranium Intercepts at Bigrlyi - Web Site
Results of AGM - Web Site
IDO: Sale of Bird-In-Hand Gold Mine SA - Web Site
Letter to Shareholders re:SPP - Web Site
Amended Constitution - Web Site
EM Conductance Anomaly at Quartz Circle - Web Site
Pro Rata Rights Issue
Chairman's Address AGM 2006 - Web Site
Appendix 3B & Change of Director's Interest Notice x 4 - Web Site
Chairman's Address AGM 23 November 2006 - Web Site
Results of Meeting - Web Site
Revised Chairman's Address to Shareholders - Web Site
Audio Broadcast - Web Site
Potential Royalty Cash Flow Estimated at A$33,000,000
Norwest has estimated that the potential cash flow that could result from its 1.25% royalty over the Puffin field currently stands at A$33,000,000. This estimate is based on the latest reserve upgrades in the Puffin Oilfield issued by the Operator, AED at its Annual General Meeting on 22nd November 2006.
AED certifies an estimated reserve range for the Puffin North East main area (NE1) based on Monte Carlo simulation as follows:
P90 22 million barrels
P50 40 million barrels
P10 67 million barrels.
An oil price of US$50 per barrel and the P50 case reserve were selected to arrive at the estimated potential cash flow of A$33million.
In addition AED believes that the NE2 area is likely to being a commercial pool, and they consider the NE3 area to be an exciting prospect....... - Web Site
Change in substantial holding from CBA - Web Site
AGM Presentation - 23 November 2006 - Web Site
LHU Mineral Resource Estimates Upgraded - Web Site
Placement Offer of Securities - Web Site
COMET VALE PROJECT UPDATE
The Board of Reed Resources Ltd (ASX:RDR) announces changes to the current mine plan by Joint Venture partners, Kingsrose Mining Pty Ltd ("Kingsrose").
Kingsrose will aggressively develop the 3 Level to provide access to the Sand George orebody as a priority (Figure 1). Level development and stoping of the Sand George on 2 Level will continue, with the first stope SG2A now defined over a level length of 52 metres. Stoping of the smaller Sand Queen South orebody will continue after mining of the Sand George lodes on each level. Under the Joint Venture, Kingsrose meets all mining costs and Reed meets transport and toll milling costs, splitting the gold 50:50.
The Board of Reed supports the decision by Kingsrose to accelerate the development of the high-grade Sand George lodes, albeit delaying the mine reaching full production (20,000 oz - RDR share 10,000 oz) until the June quarter 2007, not December 2006 as forecast. Consequently, production guidance of 10,000 oz attributable to Reed from the Kingsrose Joint Venture for the 2006/07 year has been revised down to 2,000 oz.
The next milling campaign scheduled to commence 20 January 2007 due to scheduling constraints at the Greenfields Mill.
The Company has commenced evaluation of mining via open-pit the shallow Sand Prince West resource (67,440 tonnes @ 3.15 g/t Au for 6,820 oz using 2 g/t Au cut- off)....... - Web Site
COMET VALE NICKEL LATERITE JOINT VENTURE COMMENCES
The Directors are pleased to announce the commencement of Comet Vale Nickel Laterite Joint Venture with Heron Resources Limited ("Heron")(ASX:HRR).
Background
The original agreement was between Golden State Resources NL ("Golden State") and Gilt-Edged Mining NL ("GEM") whereby Golden State may acquire an interest of up to 80% in the nickel/cobalt laterite potential over part of two mining leases at Comet Vale near Menzies in Western Australia. Heron assumed Golden State's interest and Reed acquired the GEM tenements in 2003. .......
Under the agreement, Heron is required to sole-fund exploration expenditure of at least $300,000 to earn 70% interest in the nickel/cobalt laterites within three years from the grant of M29/186. Heron is to sole-fund the next $100,000 of expenditure at which point Reed can elect to contribute or revert to a 20% interest free carried until a decision to mine. The interest of a diluting party converts to a 1.75% net smelter return royalty if its interest falls below 10%.
Reed retains a 100% interest in the gold/copper/tungsten rights in respect of the joint venture tenements. ..... - Web Site
Initial Director's Interest Notice - Web Site
Appendix 3B - Web Site
2006 ANNUAL GENERAL MEETING - CHAIRMAN'S ADDRESS
Ladies and Gentlemen, welcome to the 2006 Annual General Meeting of Ramelius Resources Limited.
It gives me much pleasure to report that during 2006, Ramelius successfully became a gold producer generating a revenue stream and fulfilled the following stated aim in the Company's Initial Public Offer Prospectus in November 2002.
"...to establish an early revenue stream from low risk/low cost advanced projects anticipating that early production will support the ongoing exploration and development of major projects"
It may have taken a little longer than was originally envisaged, but I believe that achieving our goal within 3 years of the Company's 31 March 2003 listing on ASX was nevertheless quite remarkable and I congratulate my fellow directors and all our staff and consultants for their tremendous efforts.
The revenue stream from Wattle Dam will now position your Company to pursue the wealth of mineral resources that your directors believe lie hidden within what is undoubtedly one of the most prospective gold and nickel belts in Australia, our Spargoville Belt.
Ramelius currently has Run of Mine stockpiles of approximately 100,000 tonnes of ore at a grade of 10.1g/t gold. In addition, an estimated 31,800 tonnes at a similar grade is on the ROM pad at the Greenfields Treatment plant which is due to be processed commencing 12 December 2006. This is expected to take 30 days to treat...... - Web Site
MANAGING DIRECTOR'S PRESENTATION - AGM 2006 - Web Site
Results of Meeting - Web Site
Results of Meeting - Web Site
DRILLING REPORT: RISING FAST 1 PEL 113, COOPER / EROMANGA BASIN, SA
Stuart Petroleum Limited advises that the Rising Fast 1 oil exploration well is currently running in the hole to run drill stem test 1 over the interval 1230m to 1233m in the McKinlay Member.
The status of Rising Fast 1 at 06:00 hrs (CSST) on 24 November was:
Location: PEL 113
Planned Total Depth: 1550 metres (TVD)
Current depth: 1550 metres
Operation: Running in the hole with test tools
Spud: 13 November 2006 at 21:00 hrs. - Web Site
Initial Director's Interest Notice - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
Results of AGM - Web Site
Presentation - Exploration Update - AGM 2006 - Web Site
Presentation to AGM - Web Site
Results of AGM - Web Site
Initial Director's Interest Notice
Feasibility Study & Project Finance Team/Appendix 3B
Capital Raising & Strategic Alliance - Web Site
Change of Director's Interest Notice - Web Site
Daily Share Buy-Back Notice - Web Site
Shareholder Update Letter
Change of Director's Interest Notice - Web Site
MD Presentation to AGM - Web Site
Managing Director's Presentation - Web Site
AGM Presentation - Web Site
MGX T/O Bid for AZR - Automatic extension of Offer Period - Web Site
Burbanks Update - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
AGM Presentation - Web Site
2006 AGM Presentation by MD - Web Site
Chewton Anticline High Grade Gold Intersected - Web Site
Presentation to Annual General Meeting - Web Site
Appointment of Chairman - Web Site
Jeruk Field Update
The Jeruk oil discovery is located in the Sampang PSC, offshore Indonesia, approximately 42Km south east of Surabaya.
As foreshadowed in the ASX release dated 2 August 2006, technical work has been ongoing to assist in determining the most likely resource range and forward plan.
Santos has reported that;
"This analysis is now largely complete and whilst there are substantial remaining reservoir uncertainties, the upside recoverable oil resource for Jeruk is most likely to be less than 50 million barrels.
Opportunities to commercialise Jeruk are being pursued, however plans for additional appraisal drilling have been placed on hold pending the review of development scenarios and the resolution of commercial and technical issues which may potentially impact the viability of any development."...... - Web Site
Initial Director's Interest Notice x 2 - Web Site
Tintaburra - Weekly Drilling Update - Web Site
Supplementary Disclosure Document - Web Site
Ceasing to be a substantial holder - Web Site
Results of AGM - Web Site
MXR: Secures 100% ownership of Bird-In-Hand Gold Resource - Web Site
Change of Director's Interest Notice x2 - Web Site
Appendix 3B - Web Site
Disclosure Document - Web Site
Chairman's Address to Shareholders - Web Site
Results of Annual General Meeting - Web Site
Change of Director's Interest Notice - Web Site
Letter to Shareholders re Epsilon Prospectus - Web Site
Request for Trading Halt - Web Site
Fulfillment of Thai Ownership Obligations - Funding of Chatree Growth
1. Summary
Kingsgate Consolidated Ltd ("Kingsgate") is pleased to announce a major strategic initiative in Thailand as the company continues the development of its gold mining interests held through Akara Mining Ltd ("Akara"). The key components of the initiative are as follows:
Both components of this strategic initiative demonstrate Kingsgate's ability to work with Thai investors and institutions to maximize the returns to all stakeholders from operating and growing the Chatree Mine.
These events represent the first part of a two step process aimed at ensuring Akara and its shareholders can continue to share in the long term benefits of operating Thailand's' largest gold mine. The second step in the process is the proposed initial public offering ("IPO") of Akara on the Stock Exchange of Thailand. It is expected that the IPO would be launched within the next 2-3 years...... - Web Site
Results of AGM - Web Site
Change of Director's Interest Notice - Web Site
Results of AGM - Web Site
Change in substantial holding from PSV - Web Site
Appendix 3B - Web Site
Drilling Boosts Resource by 26% - Web Site
Appendix 3B - Web Site
Chairman's Presentation - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Change of Director's Interest Notice - Web Site
Results of AGM & Chairman's Address - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Becoming a substantial holder - Web Site
Results of Meeting - Web Site
Chairman's Address and Presentation - Web Site
Becoming a substantial holder - Web Site
AGM 2006 - MD Presentation - Web Site
Ceasing to be a substantial holder - Web Site
Presentation to AGM - Web Site
Appendix 3B - Tranche 1 Placement - Web Site
$14.1m Placement as Sundance increases US oil-gas tempo - Web Site
US Activities Update - Web Site
$14M Capital Raising - Web Site
Results of Meeting - Web Site
Gold Fields & Sino Gold join forces to grow in China - Web Site
Ceasing to be a substantial holder - Web Site
Jeruk Reserves Update
The Jeruk oil discovery is located in the Sampang PSC, offshore Indonesia, approximately 42 kilometres from the city of Surabaya.
As foreshadowed in Santos' ASX releases following the Jeruk-3 appraisal well (dated 14 July 2006 and 2 August 2006), technical work has been ongoing to integrate all well and seismic data to better determine the most likely oil resource range.
This analysis is now largely complete and whilst there are substantial remaining reservoir uncertainties, the upside recoverable oil resource for Jeruk is most likely to be less than 50 million barrels.
Opportunities to commercialise Jeruk are being pursued, however plans for additional appraisal drilling have been placed on hold pending the review of development scenarios and the resolution of commercial and technical issues which may potentially impact the viability of any development. - Web Site
Constitution - Web Site
Appendix 3B & Top 20 Shareholders - Web Site
Uranium Joint Venture - Web Site
Chairman's Address to Shareholders
Proposed Annual General Meeting Date - Web Site
|
Thursday 23 November 2006 (Close of Business - New York)
|
||||||||
| All Ords | 5441.6 | +18.8 | Dow Jones | 12,326.95 | closed | |||
| ASX100 | 4421.5 | +17.1 | S&P 500 | 1406.09 | closed | |||
| ASX200 | 5466.9 | +21.2 | Nasdaq | 2465.98 | closed | |||
| ASX300 | 5472.0 | +20.5 | NYSE Volume | closed | ||||
| Materials (Sector) | 10,590.7 | +8.1 | Gold - spot/oz | US$628.60 | closed | |||
| All Ords Gold (Sub Industry) | 4489.1 | +29.8 | Silver - spot/oz | US$13.01 | closed | |||
| Metals & Mining (Industry) | 3522.5 | +1.7 | Platinum - spot | US$1145.00 | closed | |||
| Energy (Sector) | 11,561.7 | -63.8 | Palladium - spot | US$322.00 | closed | |||
| AGC Macquarie Au | 5005 | +43.0 | Uranium - spot US$/lb | US62.50 | unch | |||
| Hartleys Explorers Index | 12,800 | +74.2 | Bridge CRB Futures Index | 393.90 | closed | |||
| Shanghai Composite | 2062.4 | +21.0 | Light Crude (NYM - $US per bbl.) | US$59.18 | -0.06 | |||
| FTSE 100 | 6140.0 | -20.3 | Natural Gas (NYM - $US/mmbtu) | US$7.77 | na | |||
| Nikkei | 15,914.2 | na | Copper (LME - spot $US/tonne) | 6965 | +51 | |||
| Hang Seng | 19,265.3 | +14.5 | Lead (LME - spot $US/tonne) | 1571 | +7 | |||
| A$ = US77.35 | -0.20 | Zinc (LME - spot $US/tonne) | 4545 | +153 | ||||
| A$ = 89.95yen | -0.56 | Nickel (LME - spot $US/tonne) | 33,500 | +1,500 | ||||
| A$ = 0.598Euro | -0.001 | Aluminium (LME - spot $US/tonne) | 2667 | +7 | ||||
| US 10-Year Bond | 4.568% | closed | Tin (LME - spot $US/tonne) | 10,035 | +60 | |||
| Click on Links to Access Charts | ||||||||
CLOSED FOR THANKSGIVING DAY
In London the Footsie rallied late in the afternoon, but still closed well down on its starting level, on light trading.
Crude oil traded near $59 a barrel in New York because U.S. oil supplies advanced to a five-month high and the Trans-Alaska Pipeline System resumed pumping after the weather improved, enabling tankers to load. Inventories in the world's biggest oil consumer rose 5.16 million barrels to 341.1 million last week, the highest since June, the U.S. Energy Department said yesterday.
Nickel rose to its highest in at least 19 years in London after a report showed stockpiles may decline, reducing supply of the metal used in stainless steel. Zinc was among other metals that also advanced.
Gold gained in London as the euro climbed to the highest against the dollar since June, spurring buying of the metal as an alternative investment to U.S. stocks and bonds.
Non-Renounceable Entitlement Issue - Web Site
Ceasing to be a substantial holder - Web Site
Constitution - Web Site
Placement of new shares - Web Site
Results of AGM - Web Site
Beach Petroleum joins the big league - looks for more Beach Petroleum has joined the big league of Australian oil and gas producers.
Beach Petroleum chairman, Bob Kennedy, told shareholders at today's annual general meeting in Adelaide that, "Beach is now placed among the top Australian listed petroleum producers in terms of annual production and reserves."
"We have achieved this in just five years since I stood here in 2002 and said that Beach Petroleum's outstanding successes in our Cooper Basin drilling program has delivered what I believe will be a substantial basis for future profitability and growth."
"Beach is now capitalised at over one billion Australian dollars. That in itself puts it within the top group of Australian listed petroleum companies."
Mr Kennedy said that, "By reaching that level of market capitalisation and meeting other tests, it is no surprise that Beach was admitted to the Australian Stock Exchange's ASX 200 index in September this year."
"In the wider international sphere of investment, it has been included for the second year running in Forbes Asia's "Best Under a Billion" awards. I noted last year that we might not be eligible in future years if we continued to grow beyond "a billion" so perhaps we should ask Forbes Asia to consider some new categories."
Mr Kennedy said that Beach Petroleum has also delivered strong shareholder returns for investors in recent years, offering shareholders the opportunity to participate in the company's growth through the issue of bonus options, shares and through a ten year history of dividend payments....... - Web Site
AGM - Chairman's Address
Although the main purpose of my report today is to review the Company's activities throughout the financial year ending 30 June 2006, I cannot ignore a subsequentevent that changed its status on 1 July 2006, because that is the day that Beach's purchase of the Delhi Petroleum assets became effective.
What a difference a day makes! But it's been based on years of hard work by dedicated people and your support.
Beach is now placed among the top Australian listed petroleum producers in terms of annual production and reserves.
We have achieved this in just five years since I stood here in 2002 and said that "Beach Petroleum's outstanding successes in our Cooper Basin drilling program have delivered what I believe will be a substantial basis for future profitability and growth."
Of course, a tremendous amount of effort went into the precedingyears -from 1996 to 2002 -as we struggled to recover from fraud and litigation and rebuild the Company. The core team that achieved that -management and key non-executive directors -is still with us and that in itself is no mean success at a time when good skilled people are in such high demand. One of my great pleasures in recent times has been to participate in giving ten year awards to people from that original team in New Beach.
That original team's efforts set Beach on a track of growth and profitability, which we celebrated when instituting the payment of dividends to shareholders in 2002. So, 2002 is a good benchmark to measure your Company's growth over five years.
With your forbearance, I'll look back at some of the highlights of those five years as I review the Company's status and growth today......... - Web Site
MGN: Weekly Drilling Report - Talia-1 - Web Site
Notice of Expiry of Listed Options - Web Site
Despatch of Non-Renounceable Pro-Rata Offer of Options - Web Site
Appendix 3B - Web Site
Initial Director's Interest Notice - Web Site
Exploration Update and Appendix 3B - 23 November 2006 - Web Site
Results of Annual General Meeting - Web Site
Receives Awards Recognition in Philippines & London
Indophil Resources NL's Tampakan Copper-Gold Project in the southern Philippines has been recognised with several awards over the past week, including the prestigious Philippine Government Presidential Mining Industry Environmental Award.
Through its Philippine operating arm Sagittarius Mines Inc (SMI), Indophil (an Australian publicly- listed company) was cited by the Philippine Mine Safety and Environment Association for its dedication, initiative and innovation in the pursuit of excellence in environmental management in the Philippines.
Mr Michael Cabalda, chief of the mining environment and safety division of the Philippine Government's Mines and Geosciences Bureau, described the award as "the highest award to be given to a mining company in the Philippines."
The award gives recognition to programs and projects being implemented for the environmental protection and enhancement of mining areas, development of the host and neighbouring communities, land use improvement, exploration and mining site rehabilitation and final project decommissioning....... - Web Site
Chairman's & MD's Addresses to Shareholders - Web Site
Disclosure Document - Web Site
AGM Results - Web Site
Results of AGM - Web Site
Notice from ASIC - Web Site
Share Purchase Plan - Web Site
CHAIRMANS ADDRESS AND POWERPOINT PRESENTATION - Web Site
AGM Results - Web Site
Results of Annual General Meeting - Web Site
SPP Offer and Acceptance Form - Web Site
Final Director's Interest Notice - Web Site
Drilling Update for Borroloola and Yannarie - Web Site
East Java gas pipeline incident
Santos was advised late yesterday evening of a serious incident involving the East Java gas pipeline, operated by Pertamina, in the vicinity of the Banjar Panji 1 well site.
Initial reports indicate that there has been a pipeline failure resulting in a number of casualties including some fatalities.
Santos is seeking further information regarding the cause of the incident, its impact and the response measures being implemented by both government authorities and the pipeline operator. - Web Site
GOLD FIELDS AND SINO GOLD JOIN FORCES TO GROW IN CHINA
Sydney and Johannesburg, 22 November 2006: Sino Gold Limited (Sino Gold) (ASX: SGX) and Gold Fields Limited (Gold Fields) (NYSE, JSE, DIFX: GFI) are pleased to announce the formation of a major new strategic alliance, combining Sino Gold's proven and recognised operational, development and business capabilities in China with the technical, financial and human resources expertise of Gold Fields, the world's fourth largest gold company.
The strategic alliance will:
Trading of Shares Out of Escrow - Web Site
Sipa Woodline Gold & Basemetals Project
Sipa is pleased to announce that we have agreed on Farm-in and Joint Venture terms with Comet Resources Limited on four exploration licences that form their Utopia Project. The licences cover some 450 square kilometres contiguous with Sipa's existing Woodline Project, centred about 150 kilometres southeast of Kalgoorlie in Western Australia.
Sipa may earn a 70% interest in the Utopia Project from Comet by spending $1.25 million on exploration within five years, with a minimum commitment of $100,000 to be spent in the first year.
This new arrangement brings the Woodline Project to over 1,500 square kilometres, comprising Sipa's 100% held 900 square kilometres and the contiguous Sipa-Image Resources NL Joint Venture's 170 square kilometres.
Woodline covers a very large area of Archaean greenstone belt rocks considered by Sipa to be prospective for large gold and basemetals deposits. The greenstones are generally obscured by thin sand deposits and are virtually unexplored. The Project also straddles about 100 kilometres of strike of the northeast trending boundary between the Archaean greenstones of the Yilgarn Craton and the Proterozoic Albany-Fraser Orogen.
It may be significant that the recent greenfields gold discoveries of Beachcomer and Tropicana by AngloGold Ashanti Australia Limited and the Independence Group NL are located, about 70 and 300 kilometres respectively, northeast and close to the Yilgarn/Albany-Fraser boundary.
Geological mapping and regional and detailed soil sampling by Sipa over the last year has discovered significant outcropping gold mineralisation associated with previously unrecognised shear zones and basemetal-enriched gossans at several localities within the Sipa 100% ground. Assays as high as 5 g/t gold have been returned from this early stage work...... - Web Site
AGM results - Web Site
DRILLING REPORT: RISING FAST 1 PEL 113, COOPER / EROMANGA BASIN, SA
Stuart Petroleum Limited advises that the Rising Fast 1 oil exploration well is currently running wireline logs. Preliminary wireline log evaluation and mud log shows indicates the possible presence of oil in the Birkhead, McKinlay and Murta zones.
As at 10:00 hrs (CSST), the Operator is rigging up to conduct a drill stem test of the McKinlay formation and results will be reported when available. The Birkhead and Murta formations will be further evaluated by drill stem testing where appropriate.
The status of Rising Fast 1 at 06:00 hrs (CSST) on 23 November was:
Location: PEL 113
Planned Total Depth: 1550 metres (TVD)
Current depth: 1550 metres
Operation: Running wireline logs.
Spud: 13 November 2006 at 21:00 hrs. - Web Site
Results of AGM - Web Site
Manbarrum Lead-Zinc-Silver Project - Further Significant Drill Results - HIGHLIGHTS
Appendix 3B Exercise of Options - Web Site
AIM competent Persons Report and Cobalt price update
Snowden have assessed Vulcan's Kylylahti project as largely low risk. .......
Vulcan investors will be pleased to learn that the prices of recent sales of cobalt by BHP Billiton as reported on the BHP Billiton website have risen from US$19/lb to US$25/lb this week, a rise of over 30% in a few days. Vulcan assumed a price of US$16/lb in its pre feasibility study.- Web Site
Results of 2006 Annual General Meeting - Web Site
Completion of SPP Underwriting/Acq. of Southern Iron/App. 3B - Web Site
Cibaliung Gold Project Update.....
Site Development and Erection of Gold Processing Plant
The erection of the processing plant is proceeding according to plan and timetable (see photo next page). It is probable, at the current rate of progress, that it will be completed ahead of schedule. At the date of this report the status of the plant is as follows:
Capital Expenditure
On 25 August 2006 the Company reported that further investigation into the total project cost had been undertaken and independently reviewed by Behre Dolbear Australia. The process identified that additional expenditure of approximately US$15.2 million (inclusive of new contingency of US$2.0 million and some operating expenses during the construction period) would be necessary to complete the project.
These cost increases related primarily to an initial underestimate in the process plant re-erection cost, a re-rating of seismic factors throughout the region, poorer than expected ground conditions in the process plant area and additional costs associated with construction costs, engineering, earthworks, steelwork and process plant foundations.
On 31 October 2006 the Company reported that additional project delivery, dewatering, travel, geotechnical, site preparation, equipment, transport and camp costs had been identified amounting to approximately US$1.9 million and additional holding costs, finance costs, project delivery costs and decline development costs pre-production amounting to approximately US$1.4 million.
The project is continuing to experience significant cost pressure, primarily associated with the difficulties encountered in the development of the decline (previously reported in the Company's activity report released on 31 October 2006). As reported below decline development to date remains unsatisfactory.
As previously advised, the Company is currently working to finalise arrangements for additional debt and additional equity finance to complete the development of the Cibaliung Gold Project.
The ANZ Bank has indicated that it will provide an additional debt facility in the amount of US$5m. The Company is required to raise sufficient equity funds to complete the project development before the additional debt funds will become available.
Taking into account cost increases identified to date and the continuing cost pressure associated with the development of the decline, it is envisaged that the Company will need to raise additional equity in the order of US$20 million to complete the development of the Cibaliung Gold Project.
Further, as previously advised, the Company will be required to partially restructure its existing hedging arrangements with the ANZ Bank. Currently the Company has hedged 185,000 ounces of gold on a fixed flat (par) forward basis at a price US$651/oz. The restructuring of the hedge book may involve an upfront premium cost or alternatively a reduction in the overall hedge price. The Company's silver production from Cibaliung is totally unhedged.
Further details in relation to project costs and funding arrangements for the Cibaliung Gold Project will be provided as details are finalised.
Decline Development
The Company reported the status of the Decline Development on 31 October 2006. For ease of reference, key sections of that report are reproduced below.
Decline development commenced on 17 July 2006. Progress to date has been slower than anticipated and slower than required for the Company to meet its targeted first gold pour of May 2007.
The Company reported on 31 October 2006 that the decline progress to date has been slow due to a variety of reasons:-
Since reporting on 31 October 2006, progress has continued to be unsatisfactory for the following additional reasons:
While the full extent of the blockage is unknown, based on current knowledge of the ground conditions it is expected that the remedial work will be completed, in late December 2006.
Both the remedial work and the consequent delay in the development of the decline have a significant cost impact on the project. The Company is presently completing its analysis of the likely cost impact and further guidance will be released to the market at the earliest opportunity.
- Web Site
Annual General Meeting Presentation - Web Site
Results of Meeting - Web Site
Results of 2006 AGM - Web Site
Chairman's Address at AGM - Web Site
Becoming a substantial holder - Web Site
Change of Director's Interest Notice x2 - Web Site
Appendix 3B - Web Site
Results of Meeting - Web Site
Nolans Bore Project (100% ARU) - Additional high grade rare earths, phosphate and uranium mineralization
HIGHLIGHTS
AGM MD Presentation - Web Site
Upgrade of Iron Ore Resources at Frances Creek
Arafura Resources NL welcomes today's announcement by Territory Iron Ltd (ASX:TFE) of a further increase in mineral resources on titles subject to Arafura's royalty interest at Territory Iron's Frances Creek iron project. Frances Creek is located near Pine Creek approximately 200 kilometres south-east of Darwin in the Northern Territory.
Territory Iron has increased the total mineral resource at Frances Creek by 792,000 tonnes to 9.4 million tonnes at 60.9% Fe at a 55% Fe cut-off. Of this, Arafura's royalty right extends over 7,126,000 tonnes at 61.3% Fe.
Territory Iron has advised that they expect to issue an updated Ore Reserve statement within the next few weeks.
Mining is currently schedule to commence at Frances Creek in March-April, 2007, with the first export shipment from Darwin due in August 2007. Arafura will receive a royalty payment of $1.30 per tonne for lump ore and $1.00 per tonne for fines after the shipments offset the prepayments. Arafura has already received $750,000 in royalty pre-payments for this tonnage. - Web Site
Appendix 3B - Web Site
AGM - Chairman's Address
This is the tenth time I have had the privilege of sharing the Chairman's Address with shareholders at the Australian Worldwide Exploration Annual General Meeting. The first AGM was held in 1997 several months after the company was floated in July of that year.
Last year in the Annual report and at the AGM, we indicated that for us and for our shareholders, it was "Time to Deliver". I am proud to say that we have honoured that promise. Three of our four cornerstone projects have come on stream in 2006 and we are now a significantly profitable Australian-based E&P company, which is what Bruce Phillips challenged us to achieve when we set out on this journey in early 1997.
Since the last AGM, the AWE share price has appreciated 34% in absolute terms (from $2.13 to $2.85, having traded as high as $3.59 during the year) as well as 21% above the Energy Index of comparable Australian exploration and production companies. Over the past three years as we have been developing our cornerstone assets, the cumulative return to 30 June 2006 was 61% per annum. As a measure of broader interest in the sector and in AWE itself, the share register has increased dramatically with more than 5,000 new shareholders over the last twelve months, taking our total number of shareholders to approximately 15,000.
The Casino, Cliff Head and BassGas projects are all on production and the fourth project, the Tui Area Oil Development in New Zealand remains on track for first oil in mid year 2007. As part of the continuous nine-well drilling campaign in New Zealand, the Tui development wells will be completed over the coming months as well as several key exploration prospects in the Taranaki Basin. Once again this allows us to offer shareholders exposure to significant upside in our exploration and follow-up activities. In the last year, we have increased the size of our exploration team and the geographic scope of our opportunity identification efforts: for example, we now have an office in Indonesia, seeking and reviewing opportunities in that petroleum rich country. As always, any opportunities that we pursue must match our investment and risk vs. reward criteria.
As outlined in the Annual Report, AWE's key results for 2005-06 include:
While we still recorded a bottom line loss of $7 million in the full year under review, you will be aware that in the September quarter:
Final Director's Interest Notice x2 - Web Site
AGM Proxy votes - Web Site
Takeover Update
The Board of Aztec Resources Limited (ASX and AIM code: AZR) ("Aztec") notes Mount Gibson Iron Limited (ASX: MGX) ("Mt Gibson") this morning has announced a relevant interest in Aztec of 50.52% of Aztec shares.
As a result of Mount Gibson obtaining a relevant interest in Aztec of greater than 50%, the Mount Gibson Offer has been automatically extended by two weeks and is now scheduled to close at 5pm (Western Standard Time) on Wednesday 6 December 2006.
Aztec directors will be in contact with Mount Gibson at the earliest opportunity to discuss this development. Aztec will keep shareholders fully informed and will make a further announcement with advice to shareholders well in advance of the new scheduled close of the Mount Gibson Offer on Wednesday 6 December 2006...... - Web Site
2006 Annual General Meeting - Address to Shareholders - Chairman's Address
Ladies and Gentlemen, fellow shareholders, welcome to the 2006 Annual General Meeting of Bendigo Mining Limited. My name is Peter McCarthy and I was appointed Chairman of your Company in January of this year. Firstly, I would like to thank the contribution made by your former Chairman, Mr Bryan Davis, who retired earlier this year.
From the outset let me say that I can understand some shareholders will be very disappointed about the past year. Looking at the share price of your Company, you might conclude the year has been a failure. However, looking into the business, we made some significant achievements during the year. Yet these seem to have gone unnoticed. You may question why?
As I'm sure you all know full well, the stockmarket is very focussed on short- term performance and by that I mean gold production, earnings and cashflow, NOW, not tomorrow.
As you also know, we are building a long-term asset. This asset is difficult to judge on the basis of a month or two of performance and yet this is just what is currently happening. Great underground mines are not built quickly or easily.
At our planned full production rate, we plan for Bendigo to become the largest underground gold producer in Australia. As a Company we must not let the short-term noise divert our attention from building the mine and infrastructure so that we are able to deliver the real prize: that of a 600,000 oz/y gold mine delivering substantial cashflow and profit.
To get there we are doing a lot of preparatory work, big mines don't just appear overnight. The work undertaken this year and over the next few years is all about building our capability to deliver significant value. First and foremost we commissioned the underground mine and the process plant, and the infrastructure needed to support production, and we are now consistently pouring gold bars at Kangaroo Flat. A major achievement was the conversion of the mine from contractor to owner operation, which required the development of many systems and the training of our own workforce.
We are now focussed on three key areas to enable us to build our gold production: Underground development (the digging of the underground tunnels), exploration (drilling for new reefs), and exploration success (outlining new reef positions). Since mine development began in earnest we have had significant improvement in these areas.
These three elements are crucial in building our capacity to deliver into the future. Personally, I focus more on these rather than shorter term issues such as early gold grades, as grade volatility does not divert us from our path, but a lack of underground infrastructure or lack of exploration success certainly will. ..... - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
Grant of Employee Options - Web Site
CBA Loan Facility Agreement Finalised - Web Site
Trading Halt - Web Site
Approval of Fields Holders offer & issue of shares BPT AGM - Web Site
AZA's ann: Basker Manta Project Field Operations Update - Web Site
Amendment to Press Release: BPT joins the big league - Web Site
Results of Meeting - Web Site
Media Release: Beach Petroleum joins the big league - Web Site
EGO's:Enters into Farmin Agreement with Jurassica Oil & Gas - Web Site
Becoming a substantial holder - Web Site
Appendix 3B
Placement Completed - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Aegis Equities Research revalues Carrick - Undervalued gold resource
.........Carrick Gold's resources are being undervalued by the share market, which is placing an enterprise value (EV) of $27/oz on the resource. This is towards the bottom of the range of $10/oz–$245/oz ($115/oz average) for gold explorers and producers, most of which have JORC-compliant resources less than Carrick Gold's 2.25Moz....... - Web Site
SRI ann: Sipa Woodline Gold & Basemetals Project - Web Site
Drilling Update POE-7
On 21 November 2006, the POE-7 exploration well was drilled to a total depth of 1,125 metres. Log and RFT pressure data has indicated that all prospective reservoir zones were likely water bearing. As a result the well will now be plugged and abandoned as unsuccessful.
After the abandonment of POE-7 is complete, the Aztec #7 rig will be utilised for well testing and remedial operations while the drill pad construction for the next exploration well POE-9 is completed. POE-9 is anticipated to spud in early December 2006 and will be the last well of the Phase 1 programme of 8 wells. Meanwhile, testing operations are continuing on the previously drilled and successful 6 wells of Phase 1. - Web Site
AGM Results - Web Site
Proxy Voting at AGM - Web Site
Company Secretary Appointment/Resignation - Web Site
Results of Meeting & Presentation - Web Site
Top 20 shareholders - Web Site
Rights Issue - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
AGM Results - Web Site
AGM Results - Web Site
Maiden Final Dividend - 2005/06
The Company announced at its AGM this morning that a maiden dividend of 10 cents per share fully franked would be paid on Monday 22 January 2007.
The Record Date: Wednesday 20 December 2006
The Ex Date: Thursday 14 December 2006
Please note that listed Convertible Noteholders (ASX code KZLG) will need to lodge their Noteholder Conversion Notice with the Company by Thursday 30 November 2007 to ensure their resultant KZL Shares qualify for the dividend. - Web Site
CHAIRMAN'S AGM ADDRESS - 23 NOVEMBER 2006
Thank you all for your attendance.
Before commencing the formal section of the meeting, I would like to show you a short video of our operations in far north Queensland which will provide an insight into why we as executives enjoy doing what we do. That will be followed by the formal section of the meeting and after the meeting Joe Treacy will give a presentation on Kagara.
It has been an exhilarating year for our Company. We have brought two new orebodies into production, one of which is a very profitable underground operation, and commissioned a new copper treatment plant at Mt Garnet. We are now in the process of commissioning our third treatment plant at Thalanga which will treat copper ore now being mined from Balcooma. You can see from the flitch plan showing detailed results of the ore zone currently being mined at Balcooma and which contains 72,102 tonnes grading 4.18% copper that when Thalanga commences full production we are in for a good ride. Due to a few minor commissioning issues the time frame for full production has now drifted out to early December.
You will have followed with great interest our recent acquisition for $25 million of the nickel interests at Forrestania. This is part of a deliberate strategy to complete our diversification into zinc, copper and nickel. Our fourth leg, gold, encompassing the gold assets at Red Dome and Mungana, is more by accident than design, but we are more than happy to have it in our exploration portfolio. A near production opportunity such as the extensions to the T5 nickel deposit at Flying Fox gives us the opportunity to get into the nickel business very cheaply and quickly without having to purchase nickel production at elevated prices, and we can look forward to exploration commencing early in the new year. In the meantime we have the advanced Mungana project and the very large Admiral Bay zinc project in the development pipeline. Joe Treacy will have more about all of these talk the meeting.
The other pleasing aspect of the years performance has been the strong cash flows and profits that we are now producing. After tax profits have grown from $14.4 million for the year ending June 2005, to $35.6 million for the year ending June 2006, with a further substantial increase expected for the current year. Based on this positive outlook, the Board has decided to declare a fully franked 10 cents per share final dividend for the 2005/2006 financial year. The record date for this dividend is 20 December 2006 and payable on 22 January 2007. Curlers noteholders are reminded that should they wish to receive a dividend then they will need to convert their notes by Thursday 30 November 2006. Optionholders who wish to participate will need to exercise their options prior to the record date. Noteholders and optionholders are reminded that the time is short and they will need to act quickly if they wish to participate........ . - Web Site
Results of Meeting - Web Site
Response to ASX Query re Share Price - Web Site
Chairman's Address to Shareholders - Web Site
Results of Meeting - Web Site
Results of AGM - Web Site
Request for Trading Halt - Web Site
Appointment of Executive Board Member - Web Site
President of Philippines Receives Nido Board & Management - Web Site
Results of AGM - Web Site
Results - 2006 AGM
Amended Appendix 3B - Web Site
New Appointments to the Board - Web Site
Drilling Report - Bina Bawi-1
Oil Search reports that as at 0600 hrs Iraqi time (+4hrs GMT) on 21 November, the Bina Bawi-1 well was at a depth of 1,957 metres and drilling ahead in a 12-1/4" hole. Progress for the week was 247 metres.
Bina Bawi-1 is located in the Bina Bawi Exploration and Production Sharing Agreement (EPSA) located in the Kurdistan region of northern Iraq. Oil Search has a 20% interest in the Bina Bawi EPSA operator, A & T Petroleum, and has the option to convert its 20% shareholding into a 10% direct interest in the Bina Bawi EPSA.
The primary objective of the Bina Bawi-1 well is the Triassic reservoir with secondary reservoir potential in the Lower Cretaceous and Jurassic sections.
- Shahd-1
Oil Search reports that during the week, a drill stem test (DST) was conducted over the Upper Bahariya Formation. The test produced 39-41 degree API oil at initial rates of between 360 to 600 barrels per day using artificial lift. This DST confirms the deliverability of the Upper Bahariya pay zone and follows the previously reported DST over the oil pay zone of the Lower Bahariya Formation which produced at initial rates of between 700 to 1000 barrels per day.
Shahd-1 has been suspended as a future producer and the rig has been released.
Shahd-1 is located in the East Ras Qattara concession, Western Desert, Egypt, and is the first in a two well back-to-back programme in the block. The second well in the programme, Ghard-1, is expected to spud shortly. - Web Site
Results of AGM 2006 - Web Site
Outcomes of Annual General Meeting - Web Site
Significant new southern extension confirmed below Siana pit.
Siana exploration hole SMDD108 (23 metres at 8.6 g/t Au) confirms resource position directly below the pit which is now open to the north, south, and at depth.
The intersection is centred 305 metres below surface, within a broader zone of 44 metres at 5.4 g/t. Mineralisation is hosted within a new style of altered basalts and sediments east and adjacent to the Main Zone carbonate sequence. Multi-element and silver assays are awaited.
SMDD108 is the third follow up hole, located 200 metres south of discovery hole SMDD105 (144 metres at 5.8 g/t, including 12 metres at 25 g/t and 42 metres at 10 g/t). The previous hole, SMDD107 confirmed the extension of Main Zone mineralisation to 410 metres below surface.
Following completion of an engineering hole at the proposed mill site, hole SMDD110 with a target 50 metres north and 100 metres vertically deeper than the SMDD105 discovery intersection collars today.... - Web Site
Results of annual general meeting - Web Site
Chairman's AGM Address to Shareholders - Web Site
Preliminary Drilling Results - Fenix Chile - Web Site
Positive Interpretation of Conoco Data - Web Site
Changes to Tanzanian Mining Development Agreement
Resolute Mining Limited announces that it has, through it's subsidiary Resolute (Tanzania) Limited, agreed a number of matters with the Government of the Republic of Tanzania aimed at maintaining the strong relationship that exists between the Company and the Republic of Tanzania.
Specifically, Resolute has agreed to modifications to two tax concessions in its Mining Development Agreement:
This is a recognition that both of these concessions have served the purpose for which they were originally granted.
In addition, Resolute will establish community development programs whereby it will direct further funds for the improvement of communities outside the immediate vicinity of Golden Pride.
Resolute also confirmed its commitment to the continued training, employment and promotion of Tanzanian nationals in its activities and increasing and broadening the services supplied by Tanzanian industry to its operations.
The cost impact of this package is estimated to be in the order of US$10-15 per ounce of production. - Web Site
Change of Director's Interest Notice - Web Site
AGM Presentation - Web Site
Results of AGM - Web Site
UNX ann: Thatcher Soak Uranium Deposit - Deed of Agreement - Web Site
Results of 2006 Annual General Meeting - Web Site
Results of Meeting - Web Site
Thatcher Soak Uranium Deposit-Deed of Agreement Finalised - Web Site
C$20 Million Equity Financing in North America - Web Site
Significant Drilling Results at T Zero (South) Deposit - Web Site
Results of AGM including Proxies - Web Site
Suspension from Official Quotation - Web Site
Results of AGM - Web Site
Managing Director AGM Presentation - Web Site
Form 8-K Filed November 22: JV with Orkla ASA's SAPA Grp - Web Site
Updated Investor Presentation Document - Web Site
Atlas Iron Shareholder Priority Offer in Shaw River Resource - Web Site
Presentation at AGM by CEO - 23 Nov 2006 - Web Site
Development Update
The Directors of Allied Gold confirm that the development of the Simberi Oxide Gold Project remains on schedule for first gold production in the second half of calendar year 2007. Funding of the AUD$80 million of capital expenditure required to construct the project has been previously secured and the company remains well equipped to complete its transition from explorer to gold producer.
As at 30 September 2006 Allied Gold had AUD$46.6 million in cash and an undrawn financing facility through RMB Resources of US$25 million (approximately AUD$33 million). The Directors are unaware of the reason behind Zijin Mining Group Co. Limited not proceeding with the Memorandum of Understanding to take a 10% stake in Allied Gold as previously announced to the market on 25 September 2006 despite attempts by the company to determine such reasons.
The company remains committed to developing the Simberi project and is continuing actively exploring near mine and regionally.- Web Site
Sale of Unmarketable Parcels - Web Site
Share Placement & Shareholder Update - Web Site
Nolans Bore Project - Web Site
Tieke-1 commences drilling - Web Site
Chairman's Address to Shareholders - Web Site
Change in substantial holding from MGX - Web Site
2006 AGM Address to Shareholders - Web Site
BHP Billiton Plc - Transaction in Shares - Web Site
Drilling to commence after Share Purchase Plan closed - Web Site
BPT: Rising Fast 1 Drilling Report - 22 November 2006 - Web Site
GOG's ann: Talia-1 Drilling Report - Web Site
STU's ann: Drilling Report: Rising Fast 1 PEL113 SA - Web Site
STU ann: Rising Fast 1 Drilling Report - Web Site
Trading Halt - Web Site
Results of Meeting - Web Site
Major milestone achieved - FIRB Approval
The Chairman of Compass Resources NL, Gordon Toll, is pleased to announce that the Foreign Investment Review Board has advised that it has no objection to the formation of the Oxide, Sulphide and Exploration joint ventures with Hunan Nonferrous Metals Corp ("HNC").
As previously announced, Compass and HNC signed the Cooperation Contract on 28 September 2006 in Changsha, Hunan Province. This followed months of intense negotiating since the signing of the initial Letter of Intent on 6 May 2006 in Hong Kong, and HNC's $30 million equity investment in CMR made on 1 August 2006.
Mr. Toll commented that the "Negotiations were conducted in a frank and open manner and the speed that both parties were able to agree on the major commercial terms demonstrates a sincere desire from both parties to advance these projects to an operational status".
The Cooperation Contract represented agreement on all of the major commercial terms of the joint ventures and were subject to several conditions precedent. Compass shareholders overwhelmingly approved the formation of the joint ventures in a general meeting on 30 October 2006 and the FIRB announcement removes a further condition precedent.
Final joint venture documentation is well advanced and HNC advise that the transaction is still subject to Chinese Government approval. - Web Site
Non-Executive Director Appointments - Web Site
Change of Reporting Period - Web Site
CAZ's ann: Issues Subpoenas - Web Site
Media Release: Hythane Award - Web Site
Final Director's Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Change in substantial holding - Web Site
Reminder of Option Expiry - Web Site
Change of Director's Interest Notice - Web Site
Tara Drilling Results - Web Site
New TEM Anomally Identified at Widgiemooltha - Web Site
Chairman's Address to Shareholders - Web Site
Trading Halt - Web Site
Conditional Agreement-Indonesia-Production Sharing Contract - Web Site
November Investor Presentation - Web Site
Results of Meeting - Web Site
Chairman's AGM Address to Shareholders - Web Site
Change in substantial holding from PSV - Web Site
UCG-India MOU Executed with Singareni Collieries - Web Site
NT/P68 3D Seismic Processing Update - Web Site
Appendix 3B - Web Site
To begin trading today - Web Site
Share Purchase Plan to Raise $3.2m - Web Site
Interest Payment Notice - Series 2 Debentures (MSCHA) and Convertible Notes (MSCG)
Minerals Corporation Limited (ASX code: MSC) announces that the record date for the next interest payment on the Series 2 Debentures (ASX code: MSCHA) and the Convertible Notes (ASX code: MSCG) will be on 29 December 2006. The Debentures and Notes will become ex-interest at start of trading on 21 December 2006.
The interest due will be paid on 8 January 2007. - Web Site
High grade assay results - Brookville Project - Web Site
Appointment of new Chairman - Web Site
700000 ounce resource - Web Site
Managing Directors Address to AGM - Web Site
Splinter Exploration Update - Web Site
Notice of AGM & Independent Experts Report - Web Site
Change in substantial holding - Web Site
SMC's ann: Deed of Variation Woolgar JV - Web Site
Proxy Voting at AGM - Web Site
Prairie Downs Zinc Project - Web Site
Results of AGM - Web Site
Issue of options to a director - Web Site
Significant New South Extension at Siana - Web Site
Rio Tinto plc - share transaction 22/11/06 - Web Site
Appendix 3B - Web Site
Conditional Agmt - Indonesia - Production Sharing Contract
Suspension from Official Quotation - Web Site
Results of Annual General Meeting - Web Site
Entitlement Issue Withdrawal - Web Site
AGM Presentation 2006 - Web Site
AGM Presentation - Web Site
Farms into Brazilian Acreage - Web Site
Trading Halt - Web Site
|
Wednesday 22 November 2006 (Close of Business - New York)
|
||||||||
| All Ords | 5422.8 | +83.5 | Dow Jones | 12,326.95 | +5.36 | |||
| ASX100 | 4404.4 | +69.1 | S&P 500 | 1406.09 | +3.28 | |||
| ASX200 | 5445.7 | +87.7 | Nasdaq | 2465.98 | +11.14 | |||
| ASX300 | 5451.5 | +87.2 | NYSE Volume | 2,284,711,000 | ||||
| Materials (Sector) | 10,582.6 | +241.7 | Gold - spot/oz | US$628.60 | +0.50 | |||
| All Ords Gold (Sub Industry) | 4459.3 | +84.9 | Silver - spot/oz | US$13.01 | -0.03 | |||
| Metals & Mining (Industry) | 3520.8 | +94.1 | Platinum - spot | US$1145.00 | -77.00 | |||
| Energy (Sector) | 11,625.5 | +236.6 | Palladium - spot | US$322.00 | -5.00 | |||
| AGC Macquarie Au | 4962 | +98.6 | Uranium - spot US$/lb | US62.50 | unch | |||
| Hartleys Explorers Index | 12,725 | +214.6 | Bridge CRB Futures Index | 393.90 | -1.78 | |||
| Shanghai Composite | 2041.4 | +3.8 | Light Crude (NYM - $US per bbl.) | US$59.24 | -0.93 | |||
| FTSE 100 | 6160.3 | -42.3 | Natural Gas (NYM - $US/mmbtu) | US$7.77 | -0.21 | |||
| Nikkei | 15,914.2 | +180.1 | Copper (LME - spot $US/tonne) | 6914 | -39 | |||
| Hang Seng | 19,250.8 | +242.5 | Lead (LME - spot $US/tonne) | 1564 | +11 | |||
| A$ = US77.55 | +0.42 | Zinc (LME - spot $US/tonne) | 4392 | +85 | ||||
| A$ = 90.51yen | -0.37 | Nickel (LME - spot $US/tonne) | 31,800 | -75 | ||||
| A$ = 0.599Euro | -0.002 | Aluminium (LME - spot $US/tonne) | 2660 | -7 | ||||
| US 10-Year Bond | 4.568% | -0.010 | Tin (LME - spot $US/tonne) | 9975 | -15 | |||
| Click on Links to Access Charts | ||||||||
Mixed signals about Americans' buying power ahead of the holiday shopping season left stocks little changed Wednesday, although strong earnings from Dell Inc. sent tech stocks climbing (the Standard & Poor's 500 Index rose to a six-year high). A dip in the University of Michigan's consumer sentiment survey made some on Wall Street wary that people might be more careful about spending as holiday shopping begins. The damage from the survey was muted, however, by falling oil prices.
Light sweet crude fell 93 cents to settle at $59.24 a barrel on the New York Mercantile Exchange, after the government said in its weekly petroleum inventory report that U.S. crude inventories rose by 5.1 million barrels. Gasoline inventories also rose, while distillate inventories, which include heating oil and diesel fuel, fell.
Advancing issues outnumbered decliners, on reduced volume, by about 5 to 3 on the New York Stock Exchange.
The US dollar fell to a five-month low versus the euro and tumbled against the yen as a report showing an increase in jobless claims suggested the economy is cooling.
Copper futures in Shanghai rose from a three-month low after inventories tracked by the London Metal Exchange fell and as domestic supply of the metal for immediate delivery remains tight. Aluminum also increased.
Gold rose for a second day as a slumping dollar boosted the appeal of the metal as an alternative investment.
Platinum slumped the most in more than six years in London, declining from a record, as some investors doubted the prospect of an exchange-traded fund being introduced for the precious metal.
Ceasing to be a substantial holder from CBA - Web Site
Results of 2006 AGM - Web Site
Release of Amended Constitution - Web Site
Appendix 3B: Option Issue - Web Site
Issue of Subpoenas - Web Site
Change in substantial holding - Web Site
Distribution Reinvestment Plan - Web Site
Appendix 3B: Conversion of Options - Web Site
Results of AGM - Web Site
Change in substantial holding - Web Site
MIC:Supplementary Disclosure Letter to Shareholders - Web Site
Change of Director's Interest Notice - Web Site
Results of AGM - Web Site
SGX: Sino Gold acquires shareholding in Golden Tiger Mining - Web Site
Response to ASX Share Price Query - Web Site
Results of AGM - Web Site
Change of Director's Interest Notice - Web Site
Presentation to shareholders at AGM - Web Site
Change in substantial holding - Web Site
Change of Director's Interest Notice - Web Site
Drilling Commences At Talga Peak - Web Site
Senior Exploration & Finance Appointments
Oilex is pleased to advise that Paul Senycia (as Exploration Manager) and Terry Rodda (as Finance Controller) have joined the company's management team based in the Head Office in Perth. Both Paul and Terry join us from Woodside Energy Ltd where they gained extensive experience in the international oil and gas exploration and production business, working in areas that have particular relevance to Oilex's international activities. - Web Site
Change in substantial holding - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Initial/Change & Final Director's Interest Notices
Appendix 3B & Top 20 Holders - Web Site
No of securities subject to escrow & escrow period - Web Site
Statement relating to Corporate Governance - Web Site
Top 20 holders - Web Site
Distribution Schedule - Web Site
Market Release: Pre-quotation Disclosure - Web Site
Discovery Minerals Pty Ltd - Extension Of Option - Web Site
Change of Director's Interest Notice - Web Site
Amended Change of Director's Interest Notice - Web Site
Change of Registered office address - Web Site
Results of AGM - Web Site
Change of Director's Interest Notice - Web Site
Results of Meeting - Web Site
Results of Meeting - Web Site
Appendix 3B
Results of Meeting - Web Site
Metallurgical Report
Results of Meeting - Web Site
Results of Meeting - Web Site
Shares and Options to be released from Escrow December 2006 - Web Site
Results of AGM - Web Site
Weekly Drilling Report - Web Site
GOG Daily Drilling Report for Talia 1 - Web Site
Change of Director's Interest Notice x 2 - Web Site
Appendix 3C & Results of AGM
Change of Director's Interest Notice x5 - Web Site
Chairman's Address to Shareholders - Web Site
CEO Presentation - Web Site
Results of Meeting - Web Site
SUGARLOAF-1 WEEKLY PROGRESS REPORT Eureka advises that at 6am Texas time on 21 November 2006, the Sugarloaf-1 exploration well located in the onshore Gulf Coast Basin was drilling ahead in 6-1/2 inch hole at 20,105 feet (6,130 metres).
Since the last report released on 17 November 2006, the well has continued to drill in the primary target of the Sugarloaf-1 well.
Drilling is continuing towards the proposed total depth of 21,000 feet (6,400 metres) expected to be reached in late November assuming trouble free drilling. - Web Site
Activity Update
UNITED STATES OF AMERICA
West Andrew Prospect, Vermillion Parish, South Louisiana (FAR 10%) Present depth 13,186 - Running well liner prior to drilling ahead to primary target
The Lucy B. Thomas et al #1 well is currently at a depth of 13,186 feet. A 7 and 5/8 inch well liner is being run prior to drilling ahead into the primary objective expected above 14,000 feet. The well is a dry land straight hole test of the West Andrew Prospect and is being drilled using the Great Wall Rig GWD #172.
Several shows have been recorded on mudlogs in the intermediate section of the well with present indications suggesting they are likely to be stray sands of limited commercial significance.
FAR has a 10 percent working interest in the West Andrew Prospect, a three-way dip fault closure, located on a 400 acre lease block in Vermillion Parish, South Louisiana. The prospect is supported by a combination of subsurface well control and 3D seismic and lies on a prolific "Camerina" trend where historical production exceeds 1.7 TCF of gas. - Web Site
Bellbird West-1 Update - Underbalanced Mining Commences - Web Site
Change of Director's Interest Notice - Web Site
Results of AGM - Web Site
2006 AGM - Minutes of the Meeting - Web Site
Change of Director's Interest Notice - Web Site
AGM Chairman's Address - Web Site
Additional Ground Acquired at Hercules Uranium Project - Web Site
Appointment of Technical Consultant & Placement - Web Site
Results of Meeting - Web Site
700,000 OUNCES AND GROWING
Navigator Resources Limited is pleased to announce the results of an interim update of JORC resource estimates at its 100% owned Leonora Gold Project.
The resource inventory has increased approximately 60% from 444,000 ounces to 700,000 ounces. The revised estimate does not include the Merton's Reward area, where drilling and resource modelling are in progress.
Measured and Indicated Resources have increased 150% from 189,000 ounces to 473,000 ounces. - Web Site
Chairman's Address to Shareholders - Web Site
Results of AGM - Web Site
Appendix 3B - Web Site
TIEKE-1 COMMENCES DRILLING
Pan Pacific Petroleum N.L.("PPP") reports that the Tieke-1 well commenced drilling at 02:30 hours (NZ time) on November 22, 2006. At 06:00 hours today the well was preparing to run and cement 30" conductor casing at a measured depth of 229 metres.
Tieke-1 is located in PMP 38158, 40 km off the west coast of New Zealand's North Island and approximately 8 km from the Tui oil field. The well will be drilled to a planned total depth of 3,600 metres, in a water depth of 122 metres and is expected to take 18 days on a 'trouble free' basis.
Following completion of operations at Tieke-1, the offshore drilling rig will commence the development drilling activities on the adjacent Tui Area Development......... - Web Site
BRICKLANDING-1 SPUDS
Pan Pacific Petroleum NL advises that drilling of the Bricklanding-1 well in TP/7 (Part 3) commenced at 03:30 hours WST on 22 November 2006 and drilled to 96m.
The two primary reservoir objectives at Bricklanding are Middle/Late Jurassic sandstones (Calypso/Lower Dingo) and Early Jurassic North Rankin Formation Sandstones.
Bricklanding-1 is expected to reach the proposed total depth of approximately 3000 metres on Monday, 11 December 2006.
Pan Pacific Petroleum NL has a 4.157% equity in TP/7 (Part 3)........ - Web Site
ASX Circular: Consolidation of Capital - Web Site
Suspension from Official Quotation - Web Site
Results of AGM - Web Site
Placement
Petratherm Ltd (ASX Code PTR) is pleased to announce a share placement of 6,500,000 fully paid ordinary shares at 32 cents per share to raise $2,080,000 before expenses. The placement price of 32 cents represents a discount of 8.6% on the 20 day volume weighted average price of 35 cents.
The placement was made to clients of Taylor Collison Ltd.
The funds raised will be applied to engineering and well design for the deep well, at the Paralana geothermal anomaly, plus procurement of associated long lead-time drilling resources and materials, and ongoing working capital......- Web Site
Appendix 3B - Web Site
Update on Indee Activities - Web Site
Ceasing to be a substantial holder - Web Site
General Meeting of Shareholders - Web Site
SINO GOLD ACQUIRES SHAREHOLDING IN GOLDEN TIGER MINING
Sino Gold Limited (ASX Code: SGX) has agreed to acquire a 19.9% shareholding in Golden Tiger Mining NL (ASX Code: GTX) for approximately A$1.5 million. This share placement, to be completed at 10 cents per share, is subject to approval by the shareholders of GTX.
GTX is focused on exploring for gold in Guangxi Province of China and its portfolio of exploration properties are complementary to Sino Gold's exploration portfolio in the Golden Triangle.
GTX's primary asset is a joint venture with the Guangxi Bureau of Geology and Mineral Resources ('BGMR'). Sino Gold is the only other foreign company to have a joint venture with the Guangxi BGMR Group.
The Yueli and Weilong properties of GTX are in geological settings similar to Jinfeng and are considered to have potential for 'Carlin-style' mineralisation. GTX also has the rights to 31 Exploration Licences within the Dayaoshan region in eastern Guangxi Province, which are considered to have potential for vein-style gold and base metal mineralisation.
The placement agreement with GTX provides for Sino Gold to have the right:
GTX' ann: Placement to Sino Gold - Web Site
DRILLING REPORT: RISING FAST 1 PEL 113, COOPER / EROMANGA BASIN, SA
Stuart Petroleum Limited advises that the Rising Fast 1 oil exploration well has drilled to a total depth of 1550m and is currently making a wiper trip prior to running wireline logs.
The status of Rising Fast 1 at 06:00 hrs (CSST) on 22 November was:
Location: PEL 113
Planned Total Depth: 1550 metres (TVD)
Current depth: 1550 metres
Operation: Making a wiper trip
Spud: 13 November 2006 at 21:00 hrs. - Web Site
Letter to Shareholders
On September 28, 2006 Sunshine Gas executed Acquisition, Farm-in and Joint Operating Agreements over tenements ATP 769P (Paranui), ATP 688P (Tilbrook), ATP 811P (Foxleigh) and ATP 693P (Cullin), with WestSide Corporation Limited.
Through the agreements, WestSide has undertaken to spend $10 million over a 22 month period on an agreed program of work, appraising prospective areas in the tenements through the development of pilot production wells as well as a measure of exploratory activity. In exchange for this commitment, WestSide will earn a 50% ownership share in the tenements.
On November 17, WestSide lodged a Prospectus with ASIC as the first step to listing on the ASX.
In their Prospectus, WestSide has declared their key objectives for the next two years are to:
The successful achievement of these objectives should be a good result for WestSide shareholders and also for Sunshine Gas shareholders, who will have a residual right to 50% of the net revenue from any gas sales. As we have seen recently in the CSG sector, the market also places a healthy value on certified reserves alone. ....... - Web Site
Results of Meeting - Web Site
BRICKLANDING-1 EXPLORATION WELL COMMENCED
The Bricklanding-1 well is located in TP/7 ((Part 3). Bricklanding-1 is a vertical well to a Calypso Sandstone objective and then deviated to a North Rankin Sandstone objective. The proposed total depth of the well is approximately 3,000 metres.
Progress
At 08:00 hours today, the Bricklanding-1 well had drilled ahead to 96 metres measured depth.
Tap Comment
Bricklanding-1 will test a significant low side fault closure against the Flinders fault. Mapped on 3D seismic data, closure is identified at the Late Jurassic Calypso and the Early Jurassic North Rankin objectives.
Bricklanding-1 is expected to take approximately 25 days to drill. - Web Site
AGM Presentation - Web Site
Maskwa Nickel/Copper/PGE Project Update - Web Site
Appendix 3B - Web Site
AGM Presentation - Web Site
Investor Presentation - Web Site
Trading Halt - Web Site
Managing Directors AGM Presentation - Web Site
Trading Halt - Web Site
Weekly Drilling Report
Exploration wells:
Nail Ranch #32
Type: Oil development
Location: Shackelford County, Texas
Target Depth: 1,200 feet
Working Interest: 76.955%
Operator: TNT Engineering Inc- Wichita Falls, Texas.
Status: The well has progressed to target depth on 16 November 2006 (Texas time). The well had good shows of 8 feet of oil over 14 feet of water in the Lower Cook Sand.
Pipe was set on 14 November 2006.
Nail Ranch #20-33
Type: Oil wildcat
Location: Shackelford County, Texas
Target Depth: 1,200 feet - Lower Frye and Lower Cook sands
Working Interest: 76.955%
Operator: TNT Engineering Inc- Wichita Falls, Texas.
Status: The well is due to spud next week.
Husted # 13
Type: Oil development
Location: White Eagle Project, Stafford County, Kansas
Target Depth: 3,500 feet - Arbuckle and Lansing Kansas City zones
Working Interest: 85%
Operator: TNT Engineering Inc- Wichita Falls, Texas.
Status: The well progressed to target depth on 19 November 2006 (Kansas time). The Arbuckle, the field's deepest and primary productive interval was encountered at a depth of 1,504 feet, which is 15 feet low to the nearest up-dip producing well. Sample shows of comparable quality to the up-dip producer were observed, but water saturation calculations reflected a wetter zone. Given the down-dip structural position, water saturations and lack of good quality up-hole secondary pay zones, the well was plugged and abandoned.
The Husted #13 is the sixth well to be drilled on the White Eagle, Kansas property. Success rate to date has been 5 successful wells out of 6 drilled, or 83%.
Kollman # 13
Type: Oil development
Location: White Eagle Project, Stafford County, Kansas
Target Depth: 3,500 feet - Arbuckle and Lansing Kansas City zones
Working Interest: 85%
Operator: TNT Engineering Inc- Wichita Falls, Texas.
Status: The drilling rig is due to move onto location at the end of this week. - Web Site
Annual General Meeting Presentation - Web Site
Confirms drilling progress on Nam Hone prospect in Laos - Web Site
Sugarloaf-1 Weekly Progress Report
Aurora Oil and Gas Limited advises that at 6am Texas time on 21 November 2006, the Sugarloaf-1 exploration well located in the onshore Gulf Coast Basin was drilling ahead in 6-1/2 inch hole at 20,105 feet (6,130 metres).
Since the last report released on 17 November 2006, the well has continued to drill in the primary target of the Sugarloaf-1 well.
Drilling is continuing towards the proposed total depth of 21,000 feet (6,400 metres) expected to be reached in late November assuming trouble free drilling. - Web Site
Appendix 3B - Web Site
PPP's ann: Tieke-1 Commences Drilling - Web Site
NZO: Tieke-1 Exploration Well commences drilling - Web Site
Exploration Update
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County Texas, Slawson Exploration Operator, Antares 75%
The current status of the well is drilling ahead at a depth of 5,200 feet in a sidetrack hole to a target depth of 12,800 feet. The gas kicks were recorded in the first target zone at approximately 12,415 feet. Earlier in the week during fishing operations the drill pipe parted and could not be re-acquired by the fishing tools. The operator recommended ceasing efforts to recover more drill pipe and begin the sidetrack to save time. A cement plug was set and the sidetrack drilling began at approximately 5,100 feet.
Project: Shaeffer Ranch
Prospect: Lonesome Dove
Well: Lonesome Dove-1
Jim Wells County, Texas, SIDC Operator, Antares 50%
The drilling rig operator (Orion) experienced an equipment failure while disassembling the rig that caused some minor structural damage to the derrick. This will unfortunately cause a delay to the spudding of the Lonesome Dove-1 well. The operator (SIDC) is currently negotiating with the drilling company to secure another drilling rig in the short term. A spud date is expected no later than the end of calendar year 2006....- Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
Appendix 3B - Web Site
STU ann: Rising Fast 1 Drilling Report - Web Site
Rocklands Group Copper Project
Boardroom Radio Broadcast - Web Site
Drilling Results Boost Maun Copper Project
Extensive copper mineralisation has been located, grading up to 1.6% Cu over mineable widths and from the surface. The mineralisation currently extends over 1.8km of strike and is open to the SW and NE. Due to the shallow depth of the mineralisation and its moderate dip it is expected that a significant proportion of the mineralisation intersected to date will be able to be extracted in an open pit.
Drilling is currently continuing at the Zeta Prospect where DNL has defined a 20Mt Inferred Copper Resource grading 1.2%. Further results are expected within the next 2-3 weeks..... - Web Site
Initial Director's Interest Notice - Web Site
Appendix 3B: Employee Options - Web Site
GINDALBIE SIGNS TWO MOU'S WITH GERALDTON PORT AUTHORITY FOR KARARA IRON ORE PROJECT
The Board of Gindalbie Metals Ltd (ASX Code: GBG) is pleased to announce that it has signed two Memoranda of Understanding (MOU) with the Geraldton Port Authority ("GPA") on behalf of the Karara Iron Ore joint venture participants for access to suitable storage and loading facilities at Berth 5 and Berth 7 at the Geraldton Port for the export of iron products from its Karara Iron Ore Project in Western Australia.
The MOU's were signed in the presence of representatives of Gindalbie's Joint Venture Partner, Anshan Iron & Steel Group Corporation (Ansteel), China's second largest steel producer.
Under the MOU's, Gindalbie and the GPA have agreed to work together to complete formal documentation for the lease of space at Berth 5 for the storage and shipment of up to 4mtpa of hematite ore and at Berth 7 for the storage and shipment of up to 8mpta of magnetite ore. The parties will also complete documentation in respect to provision of Port Services by the GPA.
The MOU in respect to Berth 5 also envisages Gindalbie providing a throughput guarantee of 1.5 million tonnes per year for a period of 10 years commencing from the time first delivery of hematite to the Port occurs. Any shortfall on the throughput guarantee will require a payment of $2 per tonne of ore by Gindalbie to the GPA. No throughput guarantees are required in relation to Berth 7.
- Web Site
Appendix 3B: Exercise of Employee Options - Web Site
Presentation to the AGM - Web Site
Change of Director's Interest Notice
Results of Annual General Meeting - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
AGM - Chairman Address & CEO Presentation - Web Site
Change of Address Notification - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
2006 AGM - Chairman's Address - Web Site
2006 AGM Presentation - Web Site
Change of Director's Interest Notice - Web Site
Market Update - Iron Ore - Web Site
AGM - Corporate Presentation - 20 November 2006 - Web Site
Trading Halt - Web Site
Activox Presentation November 21 2006 - Web Site
Change in substantial holding from PSV - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Further Strong Growth Potential at Manindi Zinc Proj - Web Site
Annual Report 2006 - Web Site
Appendix 3B - Web Site
MOU with Japanese Major for Emerald Project Development - Web Site
Appointment of Company Secretary & CFO - Web Site
Appendix 3B/Section 708A Notice - Web Site
Exploration Activities Commence - Web Site
AGM Presentation to Shareholders - Web Site
Laucnh of Company Website - Web Site
Bricklanding-1 Spuds - Web Site
Trading Halt - Web Site
Bellbird West 1 Stage 2 Commences - Web Site
Appendix 3B - Web Site
Acquisition of Burbanks Processing Plant - Coolgardie WA - Web Site
85% Notice to Securityholders - Web Site
Change of Director's Interest Notice - Web Site
Trading Halt - Web Site
Queensland Gas Company Limited - Panel Receives Application - Web Site
THOR SECURES TUNGSTEN RECOVERY CIRCUIT FOR MOLYHIL DEVELOPMENT - HIGHLIGHTS
As part of the current Definitive Feasibility Study on the Molyhil Project, Thor has finalised an option agreement with Interquip Pty Ltd, a supplier of mineral and process equipment, for the purchase of a spirals plant and tables, both suitable for the Molyhil Project.
The Molyhil Definitive Feasibility Study (DFS) is progressing well with the final results due to be announced later this month. At this stage, the processing plant in the DFS has been based on the purchase of new equipment. However, there are significant opportunities to reduce the anticipated capital cost of the development through the use of second-hand equipment.
The processing equipment subject to the option agreement is located in Western Australia and is in good condition. The gravity circuit is a 35tph plant used to recover a wet concentrate of tantalum which was commissioned in 2001 but has been on care and maintenance since 2004. The spirals bank comprises 16 triple start units. - Web Site
Trading Halt - Web Site
Two Rigs for December Drilling - Web Site
Notice of General Meeting - Web Site
Reinstatement to Official Quotation - Web Site
VIEW ANNOUNCES SUCCESSFUL FUND RAISING FOR BRONZEWING RESTART - Highlights:
View Resources Ltd (ASX:VRE) today announced a A$20 million capital raising to complete the A$36.5 million funding for the company's flagship Bronzewing gold project has been secured and the project is on track to commence operations from Q2 2007. The Company has already secured a debt facility through Investec Bank for A$16.5 million.
The capital raising comprises of a placement of A$18 million at 18 cents per share to a range of institutional and sophisticated investors in Australia and the UK, none of whom are related parties. Existing shareholders will also be offered the opportunity to participate in the new equity via a Share Purchase Plan (SPP) of up to $5,000 worth of shares per shareholder priced at 18 cents per share. This SPP will be fully underwritten. The record date for participation in the SPP is Wed 15P th P Nov 2006. Details outlining the SPP will be forwarded to eligible shareholders very shortly....... - Web Site
WILDHORSE TO ACQUIRE DEVELOPMENT PROJECT
WildHorse Energy Limited (ASX:WHE) is pleased to advise that it has entered into an arrangement for the evaluation and purchase of the core areas of the Bison Basin, Wyoming, that hosted an ISL mine in the early 1980s. The proposed acquisition will be staged and allow WildHorse exclusive access to the extensive drilling, engineering, environmental, mine plans and operational information covering the entire Bison Basin.
In 1985 Ogle Petroleum Inc, the former operator, reported that the Bison Basin contained the following mineralised material........
Commenting on the proposed transaction, Managing Director, Richard Pearce said "The opportunity to control 8,600 acres in a proven uranium mineralised basin that previously hosted an ISL operation, together with controlling all historical data for the entire basin, will fast track our objective of having projects at decision to mine within four years of being listed. Over the next 12 months we will be ensuring the mineralisation at the Bison Basin Project is JORC compliant and completing a Scoping Study. Minimal additional drilling should be required to achieve this".......... - Web Site
WOODSIDE FARMS INTO BRAZILIAN ACREAGE
Woodside Energy Ltd., a wholly owned subsidiary of Woodside Petroleum Ltd., has agreed to acquire from Repsol-YPF a 25% interest in nine exploration blocks in the Santos Basin off south - eastern Brazil.
Assignment of the interest is subject to the prior approval of Brazilian authorities.
The blocks, awarded to Repsol-YPF in Brazil's 2005 licensing round, are about 180km south-east of Sao Paulo in water depths of 150 metres to nearly 1000 metres and cover 2060sqkm.
Under the agreement, Repsol-YPF will operate the blocks - S-M-506, S-M-616, S-M-617, S-M- 670, S-M-673, S-M-674, S-M-675, S-M-728 and S-M-789.
Woodside's commitment in the first exploration term of four years covers its share of three- dimensional seismic acquisition and one exploration well. A one-year extension of the exploration term is possible.
The agreement is consistent with Woodside's strategy to have several exploration opportunities cycling through the business with significant potential upside, attractive fiscal terms and competitive entry cost...... - Web Site
ROC Exploration Drilling Update - Offshore Mauritania - Web Site
KZL: Diversifies into Nickel Production Opportunity - Web Site
Directors Fees - Web Site
|
Tuesday 21 November 2006 (Close of Business - New York)
|
||||||||
| All Ords | 5339.3 | +35.9 | Dow Jones | 12,321.59 | +5.05 | |||
| ASX100 | 4335.3 | +25.0 | S&P 500 | 1402.81 | +2.31 | |||
| ASX200 | 5358.0 | +35.6 | Nasdaq | 2454.84 | +2.12 | |||
| ASX300 | 5364.3 | +36.1 | NYSE Volume | 2,613,254,000 | ||||
| Materials (Sector) | 10,340.9 | -23.3 | Gold - spot/oz | US$628.10 | +6.90 | |||
| All Ords Gold (Sub Industry) | 4374.4 | +32.6 | Silver - spot/oz | US$13.04 | +0.34 | |||
| Metals & Mining (Industry) | 3426.7 | -6.0 | Platinum - spot | US$1222.00 | -32.00 | |||
| Energy (Sector) | 11,388.9 | +204.7 | Palladium - spot | US$327.00 | +9.00 | |||
| AGC Macquarie Au | 4864 | +43.8 | Uranium - spot US$/lb | US62.50 | unch | |||
| Hartleys Explorers Index | 12,511 | +23.3 | Bridge CRB Futures Index | 395.68 | +3.79 | |||
| Shanghai Composite | 2037.6 | +20.3 | Light Crude (NYM - $US per bbl.) | US$60.17 | +1.37 | |||
| FTSE 100 | 6202.6 | -1.9 | Natural Gas (NYM - $US/mmbtu) | US$7.98 | -0.06 | |||
| Nikkei | 15,734.1 | +8.2 | Copper (LME - spot $US/tonne) | 6953 | +110 | |||
| Hang Seng | 19,008.3 | +53.7 | Lead (LME - spot $US/tonne) | 1553 | +21 | |||
| A$ = US77.13 | +0.12 | Zinc (LME - spot $US/tonne) | 4307 | +90 | ||||
| A$ = 90.88yen | -0.04 | Nickel (LME - spot $US/tonne) | 31,875 | +875 | ||||
| A$ = 0.601Euro | unch | Aluminium (LME - spot $US/tonne) | 2667 | +26 | ||||
| US 10-Year Bond | 4.578% | -0.017 | Tin (LME - spot $US/tonne) | 9990 | +125 | |||
| Click on Links to Access Charts | ||||||||
Wall Street drifted to a slightly higher finish Tuesday as investors shied away from taking new positions in a holiday-shortened week. Despite the market's languid tone, Google Inc. surpassed $500 for the first time.
Advancers led declining issues, on slightly increased volume, by about 3 to 2.
Alcoa Inc. plans to cut 6,700 jobs worldwide over the next year as part of a plan to help boost profits, the aluminum maker said Tuesday.
Crude oil rose the most in almost a month in New York after the Trans-Alaska Pipeline System limited the amount of oil it will carry and a North Sea platform was shut because of a gas leak.
Copper rose the most in five weeks, and nickel gained, after inventories of the metals declined and Swiss mining company Xstrata Plc forecast another decade of strong demand for commodities.
Gold prices in New York rose the most in more than a week as a rally in the cost of crude oil boosted the appeal of the precious metal as a hedge against inflation.
Platinum futures closed with a loss of more than $15 an ounce Tuesday, suffering a reversal from their highest level in two months as doubts emerged over recent speculation about the launch of a platinum-based exchange-traded fund.
Appendix 3B - Web Site
Becoming a substantial holder for NAV - Web Site
Appointment of Independent Chairman
Diversified base metal company Breakaway Resources Limited (ASX: BRW) is pleased to announce the appointment of senior Perth-based commercial lawyer, Mr John Atkins, as the Company's non-executive Chairman. Mr Atkins will take up the position with effect from completion of Breakaway's Annual General Meeting on 24 November, with the current Chairman, Mr Jon Young, remaining on the Board as a non-executive Director.
The appointment of Mr Atkins completes a board restructure overseen by Mr Young, designed to expand the Board's skill base and provide a greater level of independence in line with current corporate governance guidelines and ASX Best Practice Recommendations.
Mr Atkins is one of Perth's most experienced corporate lawyers, with a career spanning more than 25 years and encompassing experience with numerous sophisticated financing and corporate transactions. - Web Site
Appendix 3B - Web Site
Non-Renounceable Entitlement Issue Prospectus Dispatched - Web Site
Agreement signed with Beacon Minerals Limited
Glengarry Resources Limited (Glengarry) is pleased to announce that a Heads of Agreement with Beacon Minerals Limited (Beacon) has been signed covering some 195 km2 of Glengarry's Greenvale Project tenements in North Queensland. The portion of Glengarry's tenements which are the subject of this agreement comprise only 10% of the Company's existing tenure in the Greenvale area, with the balance retained 100 percent by Glengarry (Figure 1).
Under the terms of the Heads of Agreement, which is a precursor to a joint venture (JV) document, Beacon must spend $850,000 over three years to earn 80% equity in the "Lucky Creek" JV, with Glengarry free carried until the completion of a positive feasibility study. Beacon must spend $125,000 in the first six months after signing the joint venture document before it can elect to withdraw.
Glengarry considers that technical input from the highly experienced exploration professionals from within Beacon will ensure the effective exploration of these tenements. The increased expenditure rate will expedite the chances of making significant discoveries within the JV area during the term of the agreement.
As was reported on 13 November 2006, the results for the recently completed infill soil sampling of the T3 and Mt Remarkable prospects confirm the potential of Glengarry's wholly owned tenure at Greenvale to host significant base metal and gold mineralisation, respectively. Elsewhere within the wholly owned Greenvale Project area, a JORC compliant inferred resource containing approximately 21,000 tonnes of copper metal has been estimated at the Maitland prospect and there is significant potential to enhance the economic value of this deposit. At the Oasis prospect, significant uranium mineralisation has been intersected and there is good potential to define additonal zones of open pittable uranium mineralisation.
This agreement now allows Glengarry to focus its exploration funding and expertise on its key prospects at Greenvale including the Maitland copper prospect, the Oasis uranium prospect, the T3 base metal prospect and the Mt Remarkable gold prospect. - Web Site
Encouraging Early Drill Results from Paron Gold Project - Peru
Latin Gold Limited ("Latin Gold") is pleased to advise that the exploration drilling programme over the Paron gold project, located in the Department of Ancash, 470 kilometres north of Lima in Peru is around 50% completed with 12 holes completed to date. - Web Site
Media Release: First Day of Dealings on AIM - Web Site
Initial Director's Interest Notice x3 - Web Site
Appendix 3B - Web Site
Company Update - Web Site
Update on Bootu Creek & Other Group Operations - Web Site
Expiry of Listed Options - Web Site
AGM Presentation - Web Site
Weekly Drilling Report - Web Site
Presentation to Cutting Edge Forum - Web Site
RUSINA RAISES A$3.6M THROUGH PLACEMENT
Rusina Mining today announces that the Company's broker in the United Kingdom, Mirabaud Securities Limited has, subject to admission on the ASX and AIM, placed 20,925,000 new ordinary shares ("Placing Shares") at a placing price of 7p (approx. A$0.17) per Placing Share (the "Placing") to raise approximately £1.46 million ($3.66 million), before costs of the issue. The proceeds will be utilised for additional working capital to update the Company's Nickel resource to a JORC compliant standard and to complete the Feasibility Study for the mining of the Chromite resource.
In connection with the Placing, the Company will issue to Mirabaud options to subscribe for 837,000 ordinary shares at a price 25% greater than the issue price, exercisable for a period of 18 months after their date of issue.
These Placing Shares will on issue rank pari passu with the existing ordinary shares in issue and application will be made for these shares to be admitted to trading on the ASX and AIM, following which Rusina will have a total issued share capital of 166,013,494 ordinary shares admitted to trading on ASX. It is anticipated that admission and allotment will occur on 24 November 2006. - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B Exercise of Unlisted Options - Web Site
Results of Meeting - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Results of Meeting - Web Site
Kodu Drilling Update - Web Site
Change in substantial holding - Web Site
2006 AGM Presentation - Web Site
Results of Meeting - Web Site
AGM Presentation November 2006
Letter Sent to AIH Securityholders - Web Site
Notice of Substantial Shareholding in Alinta Infrastructure Holdings (AIH) - Web Site
Change in substantial holding - Web Site
Notice of General Meeting - Web Site
Heron-1 Drilling Update - Web Site
Que River Mining Study Update - Web Site
Ceasing to be a substantial holder - Web Site
Final Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Removal from Official List - Web Site
Kyrgyzstan Opportunity Update - Web Site
Appendix 3B
Outcome of Annual General Meeting - Web Site
Appendix 3B - Web Site
Initial Director's Interest Notice - Web Site
Appendix 3B - Web Site
Status of Managing Director - Web Site
Change of Director's Interest Notice - Web Site
MAURITANIA DRILLING UPDATE - Block 7 Aigrette-1 Exploration Well
Further to our last drilling report, the Aigrette-1 exploration well in Block 7 has been drilled in the 8 1⁄2 inch hole section to a depth of 4,803 metres. As at midnight 20 November, the current operation was running wireline logs and taking fluid samples as part of the ongoing formation evaluation programme.
Aigrette-1 is located in a water depth of 1,380 metres approximately 43 km north, northwest of the 2003 Pelican-1 gas discovery. - Web Site
GUYANE FARM-OUT AGREEMENT SIGNED WITH GAZ DE FRANCE
Hardman Resources Limited ("Hardman"), through its wholly owned subsidiaries, Planet Oil Limited and Hardman Petroleum France S.A.S., is pleased to announce that it has concluded a Farm-Out Agreement with Gaz de France SA for a 20% participating interest share of the Guyane Maritime Exclusive Exploration Licence (EEL) in South America.
Under the terms of the Agreement, Gaz de France will conduct and fund geophysical studies in the acreage to further reduce risks of selected exploration prospects and subsequently carry costs attributable to part of Hardman's remaining participating interest through the first exploration well. The Agreement also provides two further options to Gaz de France: first, to exit the joint venture after completing the further geophysical studies; and second, the option for Gaz de France to increase its participating interest to 30%, shortly after completion of the first exploration well...... - Web Site
Lichkvaz Gold Project - Plant Commissioning Commenced
The Company is very pleased to announce that commissioning of the Stage I gravity circuit at the Lichkvaz Gold Project has commenced. The commissioning is anticipated to take three months with initial gold poured over the coming weeks. Existing ROM stockpiles of approximately 10,000t at 10g/t gold and high grade gravity gold concentrates have started to be treated through the plant.
Considerable progress has been made towards the planning and installation of a CIL circuit. The transition from gravity only to an expanded CIL circuit is a key component in the Stage II expansion strategy. A suitable site has been selected and land acquisition and licensing has commenced. Geotechnical and hydrological drilling and trenching associated with the hydrological study has also commenced.
In conjunction with the plant commissioning the Company is assessing the installation of additional milling capacity to increase plant throughput.
A decision has been made to commence mining of Level 16 at the Lichkvaz-Tey Underground Mine in conjunction with the current study into progressing towards mechanised long hole mining. Mechanised mining will significantly increase mined tonnages and is a key component of the Stage II expansion strategy.
Iberian Resources is in a strong financial position, has a resource base of more than 1.7 million ounces and is approaching first gold production. The Company is exceptionally well positioned to grow rapidly. The Company is also considering a number of potential corporate strategies to fast track development and growth.- Web Site
Results of AGM - Web Site
Capital Consolidation
On 20 November 2006, Lion Energy Limited shareholders approved a capital consolidation on a 1 for 100 basis.
Consequently, trading in Lion Energy shares on the ASX is now on a post- consolidation basis with deferred settlement, under the ASX code "LIODC". - Web Site
Final Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
Michelago & Golden China Receive Mining Environmental Protection Award at CHINA MINING 2006 Conference
Michelago is pleased to announce that Michelago and Golden China Resources Corporation have been awarded the Mining Environmental Protection Award together at the inaugural CHINA MINING 2006 awards ceremony. The award was given to Michelago and Golden China for the demonstration of outstanding initiative, leadership, innovation and accomplishment in the interest of sustainable development at the BioGold production facility in China's Shandong Province.
"I am thrilled to accept this honour on behalf of everyone who helped make the BioGold facility what it is today," said Peter Secker, Michelago's Technical Director and key developer of the facility. "Needless to say, environmental sustainability is a key world issue and we are very proud of our efforts to this end, as responsible corporate citizens."
Michelago and Golden China are in the process of a business combination. Although the combination is not yet complete, Golden China has provided funding for Michelago and the BioGold facility. As a result, the award was presented to both companies at the 2006 China Mining Conference in Beijing...... - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
Address to Shareholders 2006 AGM - Web Site
More positive drill results from Wolfram Camp - Web Site
Amended Results AGM 2006 - Web Site
Appendix 3B - Web Site
News Release: Buys own WA Mill to accelerate gold production
ACQUISITION OF BURBANKS PROCESSING PLANT - COOLGARDIE WA - HIGHLIGHTS
Exploration Drilling Update - Offshore Mauritania
Further to its Stock Exchange Release on 14 November 2006 regarding the Dana-operated Aigrette-1 exploration well in Block 7, ROC advises that the well has been drilled in 8 1/2"inch hole to a depth of 4,803 metres.
The current operation as at 0600 hours (local time) on 20 November, was continuing to acquire wireline logging data as part of the ongoing formation evaluation programme.
Aigrette-1 is located in a water depth of 1,358 metres approximately 43 km north- northwest of the 2003 Pelican-1 gas discovery and 193 km north-northwest of the Chinguetti Oil Field. The planned Total Depth is 4,925 metres. - Web Site
Appendix 3B - Web Site
Appendix 3B & Section 708A Notice - Web Site
Results of Meeting - Web Site
Watershed Presentation - Web Site
Response to ASX Price & Volume Query
Airborne Radiometric Survey - Marenica Project - Web Site
Tanzanian Uranium Field Work Results - Web Site
Notice of General Meeting Mailout - Web Site
Intial Progress Report on Drilling Program at Mokobaesi - Web Site
Chairman's AGM Address to Shareholders - Web Site
Uranium Joint Venture Media Release - Web Site
Results of Annual General Meeting - Web Site
Constitution - Web Site
Presentation - Mines & Money - London - Web Site
Appendix 3B - Exercise of Unlisted Options - Web Site
Memorandum Of Understanding - Zijin Mining Group Co. Ltd
Allied Gold Limited (Allied) advises that Zijin Mining Group Co. Ltd has completed its due diligence as part of the Memorandum of Understanding with Allied Gold Limited and has advised Allied that it does not wish to proceed with the proposed share placement..... - Web Site
Appendix 3B - Web Site
Palo Pinto PK1 - Completion of Acquisition - Web Site
Kinsevere Project Stage 1 Construction Photographs - Web Site
Becoming a substantial holder - Web Site
Media Release - Greenvale Project - Web Site
Beacon Triples Land Holding at Greenvale Project - Web Site
Share Purchase Plan documents......
Terms of the Offer Subject to Bendigo Mining's discretion to reject certain applications as described below and on the attached Application Form, the SPP is open to all shareholders with a registered address in Australia or New Zealand who are the registered holders of Shares as at 7.00 pm Melbourne time on 10 November 2006 (Record Date). Participation in the SPP is entirely at your option. However, the offer is non-renounceable, which means that you cannot transfer your right to apply for Shares under the offer to anyone else. Details of how to apply for Shares under the SPP are set out in the Application Form.
Applications must be made for a minimum of A$1,000 worth of Shares, with multiples thereafter of A$1,000, up to a maximum of A$5,000 worth of Shares. The Shares to be issued under the SPP will be issued at A$0.80 being the same price paid by institutional shareholders under the global institutional placement.
The offer under the SPP has been structured to comply with ASIC Class Order 02/831. As such, the maximum investment of A$5,000 worth of Shares offered under the SPP applies to all eligible shareholders even if they receive more than one offer from Bendigo Mining (for example, because they are a joint holder of Shares or because they hold more than one shareholding under separate Share accounts). Bendigo Mining reserves the right to reject any application for Shares where it believes this requirement has not been complied with........ - Web Site
BHP Billiton Plc - Transaction in Shares - Web Site
Becoming a substantial holder from PPT - Web Site
STU ann: Rising Fast 1 Drilling Report - Web Site
COE: Callawonga-1 commences production - Web Site
CALLAWONGA-1 COMMENCES OIL PRODUCTION
Beach Petroleum reports that Callawonga-1 commenced oil production on Saturday 18 November.
Callawonga-1 is located in PEL 92 (Beach 75% interest), in the South Australian portion of the Eromanga Basin, approximately 90 km northwest of Moomba and 7 km north of the Christies oil field. It was drilled in July 2006, encountered 8 metres of net oil pay in the Namur Sandstone and flowed oil on drill stem test at a rate of approximately 2,400 barrels of oil per day.
On 20 November the well was producing on free-flow at a rate of approximately 2,100 barrels of oil per day. Oil is being primarily transported by truck to Tantanna (a distance of approximately 40km) and by pipeline from there to Moomba.
Beach assesses P50 recoverable oil reserves in the Callawonga Field to be 1.5 million barrels (Beach Share 1.1 million barrels).
Callawonga-1 is the most westerly oil production achieved to date in the Cooper/Eromanga region and demonstrates the high oil prospectivity of PEL 92, particularly in the area west and north of the Christies Field. The PEL 92 Joint Venture has recently acquired a 3D seismic survey in this region, the results of which will be used to better delineate Callawonga and identify prospects for drilling in 2007. - Web Site
GOG ann: Talia-1 Drilling Report - Web Site
Results of Annual General Meeting - Web Site
Weekly Operations - Wichian Buri Thailand - Highlights
Further High Grade Hematite Intercepts at Wilgerup - Web Site
Acquisition of Uranium Tenements in Yeelirrie Area - Web Site
Koyunlu-1 Weekly Progress Report - Web Site
Resignation of Director - Mr. Clyde Moore - Web Site
New Alternate Director - Appendix 3X & 3Z - Web Site
Fox to Fast-track Second Nickel Operation - Web Site
Change of Director's Interest Notice
Eureka Drilling and Bulk Sample Project Update - Web Site
Managing Director's Presentation - Web Site
Resignation & Appointment of Director - Web Site
Mauritania Drilling Update - Web Site
Change of Director's Interest Notice - Web Site
Exploration Update Encouraging Drill Results Phil's Creek - Web Site
Appendix 3B - New Issue SPP - Web Site
Appendix 3B - Web Site
2006 World Diamond Conference Presentation - Web Site
Project Update - Web Site
AGM Environment Presentation-2 - Web Site
AGM Environment Presentation-1 - Web Site
Appendix 3B (Sespp) - 20 November 2006 - Web Site
Chairman's Address to Shareholders - Web Site
Change in substantial holding from PSV - Web Site
Amended Change in substantial holding from PSV - Web Site
New Santa Rita Infill Drilling Results Meet Expectations
.......The holes continue to meet resource expectations with many holes containing particularly thick intersections. Hole MBS 209 (73m @ 0.94% Ni) in particular demonstrates excellent continuity of thick and relatively highgrade mineralization at depth in the Northern zone. Surrounding intersections are also strong, so this intersection will allow deepening of open pit limits in this area. See the attached schematic long section.
Additional holes within the Central zone are consistent with expectations for this part of the resource with MBS 197 (86m @ 0.71% Ni) exceeding expectations.
Drilling in the Southern zone is also consistent with expectations. Hole MBS 204 at the southern limit of the current open pit model will enable the resource within open pit limits to be extended further southwards.
A priority for the Company is to convert the entire current resource within open pit limits (52mt @ 0.60% Ni) to JORC Indicated status. Most of this drilling is required along the base of open pit limits. An additional 6000m is planned to complete this task and already about half of this is drilled, with the remainder to be completed within the next month....... - Web Site
Results of AGM - Web Site
Presentation to ABN Amro Conference - Web Site
Change in substantial holding for AZR - Web Site
Biogold Award - Web Site
Confirms Initial Investments - Web Site
Distribution Schedule - Web Site
Top 20 shareholders - Web Site
Confirm. of completion of Zulu Gold Mining Shr Sale Agree. - Web Site
Proposed Exploration Commitments - Web Site
Pre-Quotation Disclosure - Web Site
Admission to Official List - Web Site
Constitution - Web Site
Appendix 1A - ASX Listing application & agreement - Web Site
Annual Report 2004 - Web Site
Annual Report 30 June 2005 - Web Site
Leichardt Operation Development Update-Audio Broadcast - Web Site
Investor Presentation - Web Site
Investor Presentation - November 2006 - Web Site
Change in substantial holding - Web Site
Update on South Belridge Drilling Program - Web Site
Competent Person Statement - Web Site
Appendix 3B Options - Web Site
Results of Annual General Meeting
Appendix 3B - Web Site
Appendix 3B - Web Site
PETSEC ENERGY SPUDS THIRD WELL AT MOBILE BAY GULF OF MEXICO, USA
Petsec Energy Ltd (ASX, PSA; ADR's, PSJEY.PK)
Petsec Energy Ltd today announced that the Mobile Bay 873 #1 well, the third well in the drilling programme at the Company's Mobile Bay leases in the Gulf of Mexico, USA, was spud on November 20, 2006. The well is currently drilling ahead at a depth of 395 metres (1,300 ft) and is expected to reach target depth in 7-9 days.
The drilling programme is being conducted on the Mobile Bay 950, 951 and 873 leases which are located approximately 160 kilometres east of New Orleans and will target a total of 6-10 bcfe of gas net to Petsec after payout.
The two previous wells at Mobile Bay 951 and 950 both discovered gas as announced on 24 October and 6 November respectively. Both wells are expected to be brought into production during the first quarter of 2007..... - Web Site
Change of Director's Interest Notice - Web Site
STO Updated Supp. Bidder's Statement & Offer Extension - Web Site
Change of Director's Interest Notice x 4 - Web Site
Ceasing to be a substantial holder
Appendix 3B and Section 708 Notice - Exercise of Options - Web Site
Appendix 3B - Web Site
Bonus Option Issue
Sundance Energy Australia Limited is pleased to advise that it intends to issue bonus options to all of its record shareholders as of 14 February 2007.
The bonus options will be issued on a pro rata, one for seven basis with a strike price of $AU0.38 per option; it is intended that these options will be listed on the ASX and will be freely tradable. Each bonus option will entitle its record holder to purchase one ordinary share in the Company on or before 3 December 2007.
Relevant documentation, including the Prospectus, will follow in due course...... - Web Site
Camden Gas Project Surface to In-Seam (SIS) Drilling Program
Sydney Gas Ltd is pleased to advise that the Camden Joint Venture has commenced drilling of the second SIS well Glenlee 15 (GL15) on 13 November 2006. Rig 16 is currently completing the directional build-up to the top of the Bulli seam in preparation for drilling the horizontal section. As of 18 November 2006, the well is at a depth of 693 metres (MD).
GL15 will be drilled to test the horizontal production performance of the Bulli seam; nearby vertical wells have already demonstrated good production potential. Total well length of the well is prognosed to be approximately 2,200 (MD) metres with 1,100 metres in the coal seam section. Average coal thickness is expected to be 4 metres at a true vertical depth of approximately 690 metres (TVD). The duration of drilling this well is estimated to be 15 days.
A higher flow rate and hence higher ultimate recovery is expected from GL15 compared to a vertical well due to a larger drainage area to be swept by a SIS well. Reservoir simulation studies indicate well performance of 2-6 times that of a vertical well depending on reservoir heterogeneity.
It is anticipated that further application of this drilling technique will allow commercial exploitation of gas reserves that would otherwise be difficult to access because of land use constraints. The Joint Venture is planning to drill up to a further five SIS wells during this financial year. - Web Site
Lacerta 8 CSG Pilot Well Completed
Sunshine Gas Limited advises that the Lacerta 8 Coal Seam Pilot well (CSG) spudded on 17 November and has been drilled to a total depth of 430 metres. Mitchell Drilling Rig 1 will now move to Lacerta 7, the fourth and final well in the initial Lacerta pilot well program.
In similar fashion to Lacerta 6, the Lacerta 8 well also recorded a good free gas flow during drilling, again indicating good gas content and permeability ahead of the coal seam dewatering process.
A flow rate of approximately 0.25 million standard cubic feet/day was estimated through a 1⁄2" choke prior to running wire-line logs and under-reaming of the target seams. Production casing has been run and gravel packing of the casing is now under way prior to suspending the well for later completion and production testing....... - Web Site
Update Investor Relations - Web Site
Appendix 3B: Varomet acquisition - Web Site
Presentation at coal seam gas conference
On Tuesday 21 November 2006, Santos' Vice President, Gas Marketing and Commercialisation, Rick Wilkinson, delivered the following presentation "Coal Seam Gas & Santos" at The 6th Annual Coal Seam Gas & Coal Mine Methane Conference in Brisbane..... - Web Site
Appendix 3B (Sespp) - 20 November 20 - Web Site
Santos presentation at coal seam gas conference - Web Site
DRILLING REPORT: RISING FAST 1 PEL 113, COOPER / EROMANGA BASIN, SA
Stuart Petroleum Limited advises that the Rising Fast 1 oil exploration well is currently drilling 8 1/2" hole at 1371m. Oil shows were recorded from both the Murta and McKinlay formations and these will be further evaluated by wireline logs and drill stem tests (if required) after the well has reached total depth.
The status of Rising Fast 1 at 06:00 hrs (CSST) on 21 November was:
Location: PEL 113
Planned Total Depth: 1550 metres (TVD)
Current depth: 1371 metres
Operation: Drilling 8 1/2" hole
Spud: 13 November 2006 at 21:00 hrs. - Web Site
Call on Contributing Shares/Auction of Forfeited Shares - Web Site
Undersubscriptions for entitlement offer - Web Site
Chairman's Address - Web Site
Trading Halt - Web Site
|
Monday 20 November 2006 (Close of Business - New York)
|
||||||||
| All Ords | 5303.4 | -88.1 | Dow Jones | 12,316.54 | -26.02 | |||
| ASX100 | 4310.3 | -78.7 | S&P 500 | 1400.50 | -0.70 | |||
| ASX200 | 5322.4 | -97.3 | Nasdaq | 2452.72 | +6.86 | |||
| ASX300 | 5328.2 | -95.9 | NYSE Volume | 2,506,000,000 | ||||
| Materials (Sector) | 10,364.2 | -187.1 | Gold - spot/oz | US$621.20 | -0.60 | |||
| All Ords Gold (Sub Industry) | 4341.8 | -35.5 | Silver - spot/oz | US$12.70 | -0.03 | |||
| Metals & Mining (Industry) | 3432.7 | -60.4 | Platinum - spot | US$1254.00 | +66.00 | |||
| Energy (Sector) | 11,184.2 | -222.8 | Palladium - spot | US$318.00 | +1.00 | |||
| AGC Macquarie Au | 4820 | -31.0 | Uranium - spot US$/lb | US62.50 | unch | |||
| Hartleys Explorers Index | 12,488 | +12.4 | Bridge CRB Futures Index | 391.89 | +1.49 | |||
| Shanghai Composite | 2017.3 | +45.5 | Light Crude (NYM - $US per bbl.) | US$58.80 | -0.17 | |||
| FTSE 100 | 6204.5 | +12.5 | Natural Gas (NYM - $US/mmbtu) | US$8.04 | -0.10 | |||
| Nikkei | 15,725.9 | -365.8 | Copper (LME - spot $US/tonne) | 6843 | +98 | |||
| Hang Seng | 18,954.6 | -228.1 | Lead (LME - spot $US/tonne) | 1532 | +10 | |||
| A$ = US77.01 | +0.13 | Zinc (LME - spot $US/tonne) | 4217 | +69 | ||||
| A$ = 90.92yen | +0.43 | Nickel (LME - spot $US/tonne) | 31,000 | +750 | ||||
| A$ = 0.601Euro | +0.002 | Aluminium (LME - spot $US/tonne) | 2641 | +38 | ||||
| US 10-Year Bond | 4.595% | -0.012 | Tin (LME - spot $US/tonne) | 9865 | +55 | |||
| Click on Links to Access Charts | ||||||||
Wall Street was mixed in an erratic session Monday after a flurry of merger news failed to erase investors' concerns that a recent run-up has left stocks overbought.
Monday's merger agreements, including a deal by Freeport-McMoRan Copper & Gold Inc. to acquire Phelps Dodge Corp. for $26 billion, totaled more than $50 billion in activity. While the deals indicate companies are optimistic about the future, investors appear unconvinced about the health of the economy and were more cautious than usual given the spate of merger announcements. The buyout news battled with a sense that stocks were due for a pullback after the major indexes rose more than 1 percent last week.
The feeble U.S. housing market showed more frailty in October when home sales plummeted in 38 states, hitting Nevada, Arizona, Florida and California particularly hard, government data showed on Monday. Home prices also dropped: The realtors' survey showed that the midpoint price for an existing home sold during the summer dipped 1.2 percent year over year to US$224,900.
Declining issues just outnumbered advancers, on reduced volume, on the New York Stock Exchange.
Overseas, Japan's Nikkei stock average closed down 2.27 percent, Britain's FTSE 100 closed up 0.20 percent, Germany's DAX index rose 0.62 percent, and France's CAC-40 was up 0.28 percent.
Crude oil and natural gas fell as warmer-than-normal weather in the Northeast U.S., the region responsible for 80 percent of the country's heating-oil use, will curb consumption.
Copper fell in New York as rising inventories signaled production from the world's mines may be exceeding demand. Stockpiles monitored by the London Metal Exchange gained 1.3 percent to 158,025 metric tons today, the highest since April 2004 after increasing 71 percent this year. Prices have fallen 24 percent since reaching a record high in May as economic growth slowed and supply concerns eased.
Copper traders kept an eye on the equities market. Freeport-McMoRan Copper & Gold Inc. said it's buying rival copper producer Phelps Dodge Corp. in a US$25.9 billion cash-and-stock deal to create the world's biggest publicly-traded copper producer.
Platinum gained the most in more than six years in London on concern demand for the metal used in car catalysts and jewelry may outstrip supply. It was the second-biggest move of any commodity worldwide.
Gold eased late in Monday's regular trading session to close lower as strength in the U.S. dollar dulled the precious metal's attraction as a safe-haven investment.
The dollar rose against the euro and yen, after a report showed leading economic indicators for September were revised sharply higher.
Change of Director's Interest Notice - Web Site
Notice of Substantial Shareholding in Alinta Infrastructure Holdings (AIH) - Web Site
Appendix 3B - Web Site
Securities Subject to Escrow - Web Site
Listing Application - Web Site
Distribution Schedule & Top 20 shareholders - Web Site
Pre-Quotation Disclosure - Web Site
Annual Report - 30 June 2006 - Web Site
Appendix 1A - ASX Listing application & agreement - Web Site
ASX Circular: Commencement of Official Quotation - Web Site
Commencement of Drilling - Web Site
Change of Director's Interest Notice - Web Site
Results of AGM - Web Site
Resolutions put to Annual General Meeting of Shareholders - Web Site
Appendix 3B Issue of securities - Exercise of options - Web Site
Response to ASX Query - Web Site
GOG: Talia-1 Well to spud today - Web Site
Media Release: Que River - Web Site
Change of Director's Interest Notice
Change of Director's Interest Notice
Change of Director's Interest Notice
Response to Indian Media Article - Web Site
An abstract of a paper by MF Middleton et al prsented at the recent AAPG conference in Perth 2006 is presented.
Source Rock Studies of the Pedirka Basin, Australia
Mike F. Middleton, School of Engineering Science, Murdoch University, South Street, Murdoch, WA, 6150, Australia, phone: +61 8 9295 3836, communicating@iinet.net.au, Charles E. Barker, U.S. Geological Survey, Box 25046, MS 977 DFC, Denver, CO 80225, and John Heugh, Central Petroleum, 9 Meadow Close, Kardynia ,WA ,6163.
The Pedirka Basin is an under-explored Permian-aged basin, located in central Australia. After deposition of the Permian succession, the basin was covered by a thickness of between one to two kilometers of Mesozoic sediments of the Eromanga Basin. During its burial history, the basin has undergone several periods of relatively intense tectonic deformation along specific structural trends. Petroleum is known to occur in the basin from shows, and subsequent analyses, in many of the 14 exploration wells drilled in the basin from 1965 to 1990. The source-rock analysis of 24 samples obtained from exploration wells are consistent with a previous source-rock maceral study, and support the strong possibility of a good liquid hydrocarbon generative potential. This study shows the HI-OI and S1+S2 plots of the data are supportive of a higher than normal (for central Australia) type I kerogen content in the basin's Permian and Triassic source rocks.
Vitrinite reflectance data for the basin indicates that the deepest drilled sediments to date have a maturity in the middle of the Oil Window (0.85-0.90% maximum vitrinite reflectance). Burial history modeling of potential new well locations support maturity levels in this order. Calculations of possible volumes of hydrocarbons that could be generated indicate that volumes of the order of 108 m3 (c. 600 MMbbls)of oil equivalent could potentially be generated in the deepest trough of the basin, which is the Madigan Trough. It is concluded that a good petroleum discovery potential remains within the deeper parts of the basin. - Web Site
Results of Annual General Meeting - Web Site
Change in substantial holding - Web Site
Results of Annual General Meeting - Web Site
2006 Rights Issue Closes - Web Site
High Microdiamond Count in Kimberlite Pipe from Monks Hill - Web Site
World Diamond Conference Presentation - Web Site
Change of Registered and Head Office - Web Site
Results of AGM - Web Site
AGM Presentation
Presentation to Investor Briefing Sessions - Web Site
Drilling Status Report - Web Site
Request for Trading Halt - Web Site
Hungary Geothermal Project - Web Site
MLM's ann: Strengthens Alliance with Kagara Zinc - Web Site
Results of Meeting - Web Site
LIO Meeting Results 20-Nov-06 - Web Site
Results of Annual General Meeting - Web Site
Sale of Investment Property at Bankstown
Change of Director's Interest Notice - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
1 metre gold re-splits at Riccaboni Prospect - Web Site
DRILLING REPORT: RISING FAST 1 PEL 113, COOPER / EROMANGA BASIN, SA
Stuart Petroleum Limited advises that the Rising Fast 1 oil exploration well is currently running in the hole with a new bit.
The status of Rising Fast 1 at 06:00 hrs (CSST) on 20 November was:
Location: PEL 113
Planned Total Depth: 1550 metres (TVD)
Current depth: 1117 metres
Operation: Running back in the hole.
Spud: 13 November 2006 at 21:00 hrs. - Web Site
Open Briefing. Reserves Upgrade - Web Site
AGM Results - Web Site
Change of Office Address - Web Site
Change of Director's Interest Notice - Web Site
Change in substantial holding for MRU - Web Site
Further Beverley 4 Mile Uranium Intersections - Web Site
AWE foreshadows executive changes in 2007
AWE advises that its founder and managing director, Bruce Phillips will not be renewing his employment contract beyond November 2007.
Mr Phillips has agreed to stay in his current role with the company until the second half of 2007 to oversee the start of commercial oil production in the company's fourth cornerstone asset area, the Tui Area oil project in New Zealand.
AWE also advises that Mr Bruce Wood has agreed to join the company in April 2007, initially as executive director, Business Development and subsequently succeeding Mr Phillips as managing director in the second half of 2007.
Under the guidance of Mr Phillips AWE has grown from a junior exploration company into Australia's sixth largest petroleum producing company with a market capitalisation of more than $A1.2 billion and producing assets in Western Australia and in both the offshore Otway and Bass basins off the Victorian coast....... - Web Site
AGM Resolutions - Web Site
Results of Meeting - Web Site
Road show presentation - Exploration Update - Web Site
Private Placing/To commence Brule Mine
Appendix 3B
Change in substantial holding - Web Site
Guluguba Project Drilling Update - Web Site
FURTHER HIGH GRADE DRILL RESULTS
DRILLING EXTENDS RESOURCE NORTH OF PARROT FEATHERS
Further impressive drill results have been received including 6 metres at 34.4 grams per tonne gold (which includes 4 metres at 50.22 grams per tonne gold) as shown in Table 1.
Drilling targeting this high grade vein set is continuing with results from four holes still outstanding. The geology from inspection of R.C. chips indicates very similar mineralisation and thickness.
Hole PFRC303 was drilled 40 metres past the previous northernmost hole and intersected good values of gold at the targeted depth in a sediment. The structure is still open to the north and several more holes are planned to hit the mineralised structure a further 80 metres to the north.
Recent results are expected to significantly enhance Carrick's gold resource....... - Web Site
Trading Halt - Web Site
Managing Director's Presentation Post AGM - Web Site
FOX TO FAST-TRACK B2 OPEN PIT NICKEL OPERATION
Fox Resources Limited (ASX: FXR) now intends to fast-track a feasibility study into the development of an open pit nickel operation at its Sholl B2 (B2) project following recent successful metallurgical studies.
Independent mining consultant, RSG Global, is currently finalising an Indicated Mineral Resource estimation for B2, which is located just 10km north-west of the Radio Hill treatment plant (Figure 3). Historical drilling at B2 has intersected a 2.5 km continuous nickel sulphide system hosting a series of shallow, potential high grade massive sulphide zones
The B2 feasibility study will target an overall probable mining reserve of 950,000t @ 0.7% nickel and 0.8% copper at the Anita Lode (Figure 1 and 2) where massive nickel sulphides were intersected only 45m below surface. Nickel ore will be accessed through a two-staged pit development. Further mining opportunities at Sholl are anticipated as Inferred Mineral Resources are converted to the indicated category with infill drilling.
The decision to fast-track the B2 study follows successful metallurgical testwork at the Radio Hill laboratory, which was able to achieve an outstanding 52% upgrade on nickel concentrate from 4.6% to 7% nickel. Previous test work conducted on the B2 nickel ore by Jinchuan Group Limited (announced by Fox in August, 2006), produced a 4.9% nickel in concentrate.
The recent upgrade was achieved by utilising a magnetic separation technique, which was not utilised in previous testwork done by the Jinchuan Group. Production of a flotation concentrate remains the preferred method of recovery for the low grade nickel ore.
The concentrate results will be independently validated in Perth and additional samples taken to Jinchuan in Shanghai, China for flotation and magnetic separation testwork as part of the Feasibility Study........ - Web Site
Two MOU's signed with the Geraldton Port Authority - Web Site
Drilling Status Report - Web Site
Exploration Update at Padre Island - Web Site
Change in substantial holding - Web Site
100% Option to Acquire Beasley River Iron Ore & App 3B - Web Site
Kentor identifies new geochemical targets in highly prospective trend
Results of recent soil sampling of extensions to and infill of the extensive grid at the Akbel Project in Kyrgyzstan have highlighted numerous new MMI gold anomalies along the highly prospective Kumtor Gold Trend.
The geochemical anomalies, defined by MMI gold values in the range of 20 to 250ppb, form a series of semi continuous, sub-parallel, lens-shaped zones extending over 20km of the mineralized trend. Of particular note are anomalies that coincide with the interpreted Jetymtau black shale host rocks to the Kumtor multi-million ounce gold mine (see figure below). We are encouraged that these new results have opened up new areas with scope for further drill testing.
Kentor is also pleased to announce the recommencement of drilling at Akbel with the arrival of the RD850 rig on site. As previously announced, the larger RD1500 rig is currently being mobilized from Mongolia..... - Web Site
Kagara Diversifies into Nickel Production Opportunity
Kagara Zinc Ltd is pleased to announce that it has today reached agreement to purchase the nickel rights to granted mining lease M77/545, which covers the down plunge projection of the various Flying Fox ore bodies currently being developed by Western Areas NL.
These rights have been acquired from LionOre Mining International Ltd for a total consideration of A$25 million and the purchase includes a number of other highly prospective tenements throughout the Forrestania Greenstone belt south of Southern Cross in Western Australia. The acquisition represents a logical diversification into potentially low cost, low risk and high grade nickel sulphide production, which is expected to complement Kagara's very profitable north Queensland zinc and copper operations.
Drilling the potential extensions to the T5 ore body, which Western Areas has drilled to within 30 metres of the tenement boundary, with intersections of up to 21.8 metres at 5.7% nickel and 14.7 metres at 8.1% nickel (see attached longitudinal projection), will commence as soon as a diamond drilling rig is located. Several holes drilled on M77/545 have confirmed the potential of the tenement with a best intersection to date of 4.73 metres grading 7.66% nickel with significant cobalt and platinoid credits. LionOre holes drilled higher up between the down plunge projection of the T1 and T5 ore bodies encountered wide zones of disseminated sulphides assaying up to 0.82% Nickel over a width of 21.05 metres within ultramafic, which further enhances the prospectivity of this area.
With more than 1 million tonnes at 6.8% nickel already outlined on Western Areas ground, the T5 deposit is a very significant orebody, which remains open at depth and is believed to continue down plunge into Kagara's new tenement. An initial program of 10 diamond drill holes is planned by Kagara to test this potential, and shareholders can look forward to resources being rapidly defined by Kagara as drilling proceeds.
On the operational front, both treatment facilities at Mt Garnet continue to perform strongly and an important milestone will be reached this week with copper concentrate production commencing from the Thalanga treatment plant. Thalanga will ramp up over the next two weeks and produce more than 20,000 tonnes of copper metal per year.
With regard to other developments, the Mungana exploration decline has progressed to 100 metres vertically beneath the portal and is now nearly half way to the top of the Mungana base metal deposit and on 12 November a third decline was collared in the wall of the Balcooma open pit. The Balcooma decline will be providing supplemental lead-zinc ore for the Mt Garnet plant towards the end of next year and will also provide a drilling platform to test for extensions to the various deeper ore bodies at Balcooma.
With the strong cash flows and profits being projected, and with operational capital requirements comfortably covered by cash flow, your directors are currently looking at implementing a dividend policy. Shareholders should expect an announcement in this regard in the near future. - Web Site
LionOre Sells Non-Strategic Australian Nickel Exploration Assets for A$25 million
Toronto, Ontario: November 19, 2006 - LionOre Mining International Ltd. ("LionOre"), (TSX/ASX: LIM, LSE: LOR, BSE: LIONORE) announces the sale of certain non-strategic Australian nickel exploration assets to Kagara Zinc Ltd (ASX: KZL) for the cash consideration of A$25 million (US$19 million).
The assets being sold consist of ‘greenfield' nickel exploration tenement interests located in the Forrestania region of Western Australia. The divestment of these assets is in line with LionOre's corporate direction, announced during the fourth quarter 2005, which is focused on becoming a vertically integrated nickel producer. The sale of the assets is the result of a review undertaken to maximize value from these non-strategic nickel tenements.
The sale transaction is conditional on due receipt of normal regulatory consents and the consent of LionOre's Australian financiers.
In addition to the cash consideration, LionOre will be granted a right to toll treat, process and purchase on commercial terms nickel bearing material derived from the assets being sold and a marketing fee of 1% of any nickel or nickel product derived from the assets being sold. - Web Site
Presentation - Mines & Money Show 20-22 Nov 2006 - Web Site
STRONG POTENTIAL FOR LARGER RESOURCE AT THE MANINDI ZINC PROJECT - HIGHLIGHTS
Leichhardt Operation Development Update
MATRIX METALS LIMITED (MRX) advises that following the ASX announcement made earlier today, an Audio Broadcast in relation to the Leichhardt Operation Development Update" is available. Conveniently, you don't have to leave your home or office to attend.
The presentation details are as follows;
Engenho Gold Project Resource Upgrade - Web Site
NADL Emerging Diamond Producer World Diamond Conf. Pres. - Web Site
Project Update
Results of Annual General Meeting of Members - Web Site
Chairman's Address at AGM - Web Site
Republic signs definitive combination agreement - Web Site
Change of Registered Office & Place of Business - Web Site
Rio Tinto plc share transaction 17/11/06 - Web Site
Trading Halt - Web Site
Change of Director's Interest Notice
Santos oil discovery offshore Vietnam - Web Site
Dawson Hinkler Well - Further significant intercepts - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
ATS tender offer for Energy Partners Ltd expires - Web Site
Trading Halt - Web Site
The jump of nearly 2 percent in Altria's stock (after a federal appeals court decided to review a lower court ruling that let a $200 billion lawsuit filed by "light" cigarette smokers proceed as a class action) propelled the blue-chip Dow Jones industrial average to its 18th record close since the start of October and helped underpin the S&P 500's finish above the 1,400 mark for the first time in six years. Even so, concerns about signs of further weakness in the housing market restrained a broader market advance and overshadowed the boost from a second straight day of declines in crude oil prices. New housing starts dropped 14.6 percent in October to their lowest in more than six years while building permits fell 6.3 percent, the U.S. Commerce Department said.
Oil prices fell to 17-month lows, driven by fund selling across commodity markets on concern of a U.S. economic slowdown. The market was also weighed down by high U.S. oil inventories ahead of the expiry of the front-month NYMEX crude contract at the close of trade on Friday.
OPEC prepared the ground for a further ouptut cut when the group next meets in December, citing concern about potentially large rises in inventories next spring if it continues to pump at present levels.
Base metals also slid on concern that global demand for raw materials would suffer if the world's largest economy slows. London copper prices fell to their lowest levels since June.
Gold futures closed higher Friday for the first time in six sessions, but posted a loss for the week with pressure from easing inflation fears and a steep decline in oil prices partially offset by support from modest weakness in the U.S. dollar.
Proposed Merger with Mwana Africa Plc - Web Site
Alcoa Form 8-K Filed November 16 (Controller Announcement) - Web Site
Notice of Annual General Meeting - Web Site
Company Secretary - Web Site
Change in substantial holding - Web Site
Rover Drilling Results - Web Site
Hydrological Pumping Results - Web Site
To establish Metallurgical Laboratory - Web Site
Change in substantial holding from LRF - Web Site
Becoming a substantial holder - Web Site
Results of General Meeting - Web Site
Exploration Update - Web Site
Becoming a substantial holder - Web Site
Appendix 3B & Section 708(A)(5)(e) - Web Site
Appendix 3B - Web Site
Results of AGM - Web Site
Chairman's Address to Shareholders - Web Site
ADI ann: Sugarloaf 1 Gas Show - Web Site
Sugarloaf-1 Gas Show - Web Site
Disclosure Document - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
Appointment of Spanish Director/Appendix 3X/3Y & 3Z - Web Site
Company Update November 2006 - Web Site
STU ann: 17 Nov 2006 Rising Fast 1 Drilling Report - Web Site
Drill Results from the La Patria Project - Web Site
Appendix 3B - Exercise of Options - Web Site
Completion of Compulsory Acquisition of Triako Shares/App 3B - Web Site
Appendix 3B - Exercise of Listed Options - Web Site
Sale of Shares in Simmer & Jack Mines Limited
CONVERSION OF UNLISTED OPTIONS - Appendix 3B - Web Site
OPERATIONS UPDATE - COAL VIEW UNIT 31-4
TOW CREEK PROJECT, ROUTT COUNTY, COLORADO, USA
The directors of Comet Ridge Limited (ASX Code COI) are pleased to advise that drilling operations commenced on the Coal View Unit 31-4 on the Tow Creek prospect in Routt County, Colorado at 3:30 pm on 16 November, 2006.
The well is being drilled with Cyclone Drilling Inc.'s Rig 16 (see photos).
A strong winter storm that passed through the area on Monday and Tuesday of this week has caused delays in getting under way.
As announced previously, the well will be drilled to a measured depth of 6,600 feet
(2,011metres) with the lower half of the well being drilled at a 38 degree angle. The bottom hole location will be approximately 1,500 feet (460 metres) due south of the
surface location.
The well will test three fractured shale reservoir intervals totalling approximately 450 feet (137 metres) in thickness in the Niobrara Formation and is targeting potential reserves of 200,000 to 500,000 barrels of oil.
The well will take approximately 30 days to drill and another five to ten days to complete. - Web Site
Expiry of Options - Web Site
Results of AGM - Web Site
Non Renounceable Entitlement Issue Closing Date Extended - Web Site
Notice of nomination of auditors - Web Site
Partly Paid Shares cancellation notice - Web Site
Disclosure Document
Results of AGM - Web Site
Results of Annual General Meeting of Members - Web Site
2006 AGM Results = - Web Site
Appendix 3B - Web Site
Results of AGM
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Notice of General Meeting - Web Site
Results of 2006 annual general meeting - Web Site
Change of Director's Interest Notice - Web Site
2006 Annual Review - Web Site
2006 Annual Review - Web Site
Small Shareholder Sale - Web Site
Appendix 3B - Web Site
PEN's ann: Rakiraki Proj Fiji Update - Latest Assay Results - Web Site
Results of AGM - Web Site
AGM 2006 Presentation - Web Site
Security holder details - Web Site
Change of Director's Interest Notice - Web Site
Operations Update - Web Site
Progress Report - Mid-Earth Minerals Ltd
Drilling Commences at Lake Gilles Gravity Targets - Web Site
Change of Director's Interest Notice - Web Site
Ellendale 7 Exploration Update - Web Site
Joint Company Secretary Resignation - Web Site
Ceasing to be a substantial holder for LVR - Web Site
S708 Notice & Appendix 3B - exercise of 150000 options - Web Site
AGM - Chairman's and Managing Director's Address - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appointment of Chairman - Web Site
Pilot Plant Testwork Update - Web Site
PRU's ann: Significant Profit on Sale on Non-Core Asset - Web Site
Appendix 3B - Web Site
Partial Restructure of Gold Hedgebook - Web Site
Disclosure Document - Web Site
Adjourned AGM - Web Site
First Quarter Activities Report - Web Site
Amended: Monthly Consolidated Cashflow - October 2006
Change of Director's Interest Notice - Web Site
Results of Annual General Meeting - Web Site
Amended Appendix 3B - Web Site
AGM Presentation - Web Site
Becoming a substantial holder - Web Site
Initial Director's Interest Notices x 4 - Web Site
Results of AGM - Web Site
Appendix 3B - Web Site
Trading Halt - Web Site
Becoming a substantial holder - Web Site
Results of AGM - Web Site
Response to ASX Query - Web Site
Presentation at AGM - Web Site
PES: Granted Queensland Permit ATP806P - Web Site
Results of AGM - Web Site
Rakiraki Project Fiji Update - Latest Assay Results - Web Site
Change of Director's Interest Notice - Web Site
Change in substantial holding for LVR - Web Site
Supplementary Bidder's Statement & Extension of Offer - Web Site
Results of 2006 annual general meeting - Web Site
Appendix 3B - Web Site
Chairman's Address to Shareholders
S708A Notice - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Final Director's Interest Notice - Web Site
Lacerta 6 CSG Pilot Well Completed
Sunshine Gas Limited advises that the Lacerta 6 Coal Seam Pilot well (CSG) spudded on 14 November and has been drilled to a depth of 434 metres.
A good gas flow from the target coal section was encountered prior to reaching total depth. An accurate gas flow rate was not able to be obtained, however, this is a very encouraging sign and demonstrates the presence of free gas in the coals. Wire-line logs have been acquired, the target coal seams have been under-reamed and production casing run to total depth.
The well will be completed in the near future prior to commencement of a production testing program to assess the economic viability of the Lacerta CSG Project. Mitchell Drilling Rig 1 will now move to Lacerta 8, the third in sequence of a four-well pilot program. ....... - Web Site
Initial Director's Interest Notice - Web Site
Successful Stimulation of Hightower 3-23 Amber Field - Web Site
South Gibson Exploration Well Update - Web Site
Response to ASX Query - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appointment of CFO - Web Site
Results of Meeting - Web Site
Open Briefing.Wesfarmers.Briefing Day Discussion - Web Site
|
Friday 17 November 2006 (Close of Business - New York)
|
||||||||
| All Ords | 5391.5 | +27.6 | Dow Jones | 12,342.56 | +36.74 | |||
| ASX100 | 4389.0 | +21.3 | S&P 500 | 1401.20 | +1.44 | |||
| ASX200 | 5419.7 | +27.1 | Nasdaq | 2445.86 | -3.20 | |||
| ASX300 | 5424.1 | +27.0 | NYSE Volume | 2,633,924,000 | ||||
| Materials (Sector) | 10,551.3 | +30.5 | Gold - spot/oz | US$621.80 | +0.90 | |||
| All Ords Gold (Sub Industry) | 4377.3 | +24.2 | Silver - spot/oz | US$12.73 | -0.19 | |||
| Metals & Mining (Industry) | 3493.1 | +8.8 | Platinum - spot | US$1188.00 | +6.00 | |||
| Energy (Sector) | 11,407.0 | +57.2 | Palladium - spot | US$317.00 | -1.oo | |||
| AGC Macquarie Au | 4851 | +27.8 | Uranium - spot US$/lb | US62.50 | +2.50 | |||
| Hartleys Explorers Index | 12,475 | -29.3 | Bridge CRB Futures Index | 390.40 | +0.23 | |||
| Shanghai Composite | 1971.8 | +30.2 | Light Crude (NYM - $US per bbl.) | US$55.81 | -0.45 | |||
| FTSE 100 | 6192.0 | -62.9 | Natural Gas (NYM - $US/mmbtu) | US$8.14 | +0.35 | |||
| Nikkei | 16,091.7 | -72.1 | Copper (LME - spot $US/tonne) | 6745 | -60 | |||
| Hang Seng | 19,182.7 | +28.6 | Lead (LME - spot $US/tonne) | 1522 | -32 | |||
| A$ = US76.88 | +0.24 | Zinc (LME - spot $US/tonne) | 4148 | -137 | ||||
| A$ = 90.49yen | -0.13 | Nickel (LME - spot $US/tonne) | 30,250 | -400 | ||||
| A$ = 0.599Euro | unch | Aluminium (LME - spot $US/tonne) | 2603 | -53 | ||||
| US 10-Year Bond | 4.607% | -0.048 | Tin (LME - spot $US/tonne) | 9810 | -10 | |||
| Click on Links to Access Charts | ||||||||
![[ Back To Australian Mining and Exploration Site ]](../AustMiningBackto.gif)
Disclaimer:
The information contained in these pages serves as a guide only. Digital Reflections shall not be liable for any accidents, injury, irregularity, loss or damage caused by or arising as a result of information contained within this World Wide Web site.
![[Digital Reflections]](../../Mining-Promo-Video/anim.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_auoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_auoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-copper-30d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-lead-30d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-zinc-30d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-nickel-30d.gif)