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Company News
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The Most Comprehensive Coverage of Announcements
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Company News
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The Most Comprehensive Coverage of Announcements
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![[Visit The Gold Coast]](GoldCoastHeading.jpg)
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Friday 23 February 2007 (Close of Business - New York)
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| All Ords | 6009.3 | +18.2 | Dow Jones | 12,647.48 | -38.54 | |||||||
| ASX100 | 4882.5 | +17.1 | S&P 500 | 1451.19 | -5.19 | |||||||
| ASX200 | 6036.1 | +19.0 | Nasdaq | 2515.10 | -9.84 | |||||||
| ASX300 | 6044.8 | +18.8 | NYSE Volume | 2,557,202,000 | ||||||||
| Materials (Sector) | 11,506.5 | +68.7 | US 10-Year Bond | 4.678% | -0.052 | |||||||
| All Ords Gold (Sub Industry) | 4620.7 | +14.8 | Gold - spot/oz | US$682.90 | +3.70 | |||||||
| Metals & Mining (Industry) | 3842.4 | +23.9 | Silver - spot/oz | US$14.49 | +0.27 | |||||||
| Energy (Sector) | 12,715.4 | +25.9 | Platinum - spot | US$1231.00 | +7.00 | |||||||
| AGC Macquarie Au | 5044 | +27.4 | Palladium - spot | US$354.00 | +8.00 | |||||||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||||||
| Shanghai Composite | 2998.5 | closed | Bridge CRB Futures Index | 412.90 | +1.57 | |||||||
| Hang Seng | 20,711.7 | -97.6 | Light Crude (NYM - $US per bbl.) | US$61.14 | +0.19 | |||||||
| Nikkei | 18,188.4 | +79.6 | Natural Gas (NYM - $US/mmbtu) | US$7.81 | +0.01 | |||||||
| India BSE 30 | 13,579.0 | -609.5 | Copper (LME - spot $US/tonne) | 6280 | +200 | |||||||
| FTSE 100 | 6401.4 | +20.6 | Lead (LME - spot $US/tonne) | 1976 | +48 | |||||||
| German DAX | 6992.6 | +18.9 | Zinc (LME - spot $US/tonne) | 3640 | +136 | |||||||
| A$ = US79.17 | +0.30 | Nickel (LME - spot $US/tonne) | 43,950 | +1,500 | ||||||||
| A$ = 95.81yen | -0.11 | Aluminium (LME - spot $US/tonne) | 2908 | +77 | ||||||||
| A$ = 0.601Euro | unch | Tin (LME - spot $US/tonne) | 13,695 | -350 | ||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
Stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors' inflation concerns.
Bond prices rose Friday, rebounding from a sell-off a day earlier, as investors sought quality amid concerns that subprime lenders would be forced to book big write-downs for consumers who were unable to keep up with mortgage payments. The yield on the benchmark 10-year Treasury note fell to 4.68 percent from 4.73 percent late Thursday.
For the week, the Dow industrials lost 0.94 percent, the S&P 500 was off 0.35 percent and the Nasdaq composite index added 0.75 percent.
Declining issues outnumbered advancers by about 8 to 7, on increased volume, on the New York Stock Exchange.
Copper prices in New York had the biggest weekly gain since May on renewed demand by hedge funds for commodities, including industrial metals, grains and energy.
U.S. gold futures ended higher on Friday, climbing closer to the key $700 psychological mark, as investors poured money into the market before the weekend on heightened geopolitical concerns and firmer energy prices.
Silver rallied to hit a nine-month high, helped by robust investment interest, which can be seen by the growing demand for silver exchange-traded funds (ETFs).
Convertible Notes Offer Circular - Web Site
Reinstatement to Official Quotation - Web Site
Finalisation of Undewritten SPP and s708A Notice - Web Site
Kinsevere Resource - NI43-101 Technical Report - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Nickel Sulphide Exploration Update - Web Site
Half Year Accounts - Web Site
Porgera Reserve upgrade - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Prospectus - Web Site
Results of General Meeting - Web Site
Becoming a substantial holder from INL - Web Site
Change of Director's Interest Notice - Web Site
Investor Presentation February 2007 - Web Site
One for Five Non-Renounceable Rights Issue - Announced - Web Site
Change of Director's Interest Notice - Web Site
Interest payment notice - Web Site
Appendix 3B & Section 708A - Web Site
Reinstatement to Official Quotation - Web Site
Top 20 shareholders - Web Site
Boardroom Radio Interview - Web Site
Half Year Accounts - Web Site
Appendix 3B & Section 708A Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Constitution - Web Site
Auction of Forfeited Partly Paid Shares - Web Site
Share Placement
Change of Director's Interest Notice x 2 - Web Site
Appendix 3B: Exercise of Listed Options - Web Site
Preliminary Final Report
US Subsidiary in Ann. by Gov. Richardson re Biodiesel Plant - Web Site
Change of Director's Interest Notice - Web Site
Replacement Half Yearly Report/Half Yearly Accounts - Web Site
Investor Presentation February 2007 - Web Site
Results of General Meeting - Web Site
Appendix 3B - Web Site
Amended Gold Intersections at Igloo Quartz Circle - Web Site
Appendix 3B - Web Site
IAMGOLD Shareholders Information Pack Share Sale Facility - Web Site
Amended Appendix 3B - Option Issue Advice - Web Site
Interim Dividend Entitlement Date Revision - Web Site
Letter to S/holders re Shareholder Share Purchase Plan - Web Site
Extension of SPP Record Date - Web Site
Results of General Meeting - Web Site
Appendix 3B - Web Site
RD1500 Drill rig Now on Site at Akbel & Resignation Man. Director
RD1500 drill rig now on site at Akbel
Kentor Gold Ltd (ASX Code: KGL) is pleased to announce that the large RD1500 drill rig has now arrived on site at Akbel and is drilling ahead on hole AKB-DD10. A Longyear 38 drill rig is also on site and has commenced drilling in the Ishak Kechuu Prospect area (AKB-DD11).
To date a total of 1950m have been drilled since commencement of the Company's 2006 program at Akbel, with a minimum of 1050m remaining to meet government commitments for the Akbel Licence. The arrival of the RD1500 on site will accelerate the winter program, which is now expected to be completed by April. A review of results of drilling completed so far at Akbel will then be undertaken by specialist geologists in Kyrgyzstan before planning further drilling.
Resignation of Managing Director
The Board regrets to advise that Kentor Gold's Managing Director, David Royle, has resigned due to personal reasons and will be leaving the Company on 30 March. The Company's Chairman, John Barr, noted that "David has spent 4 years with Kentor Gold, the last 3 years as our Managing Director. During that time he has been instrumental in the Company's successful IPO and initial ASX listing, as well as establishing a strong springboard of exciting projects in the Kyrgyz Republic, particularly the Akbel Project".
The Board has determined that Executive Director, Hugh McKinnon, who is also Country Manager for the Kyrgyz Republic, should assume the role of Chief Executive Officer until the review of the results of the current drilling program at Akbel is completed and the requirements of the Company as it moves forward can be more closely defined. - Web Site
Exploration Update Letter to Shareholders - 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 30 March 2007. The Debentures and Notes will become ex-interest at start of trading on 26 March 2007. The interest due will be paid on 9 April 2007. - Web Site
CVRD INCO ELECTS TO CONTINUE JV AT SANTA RITA AND PALESTINA CVRD
Inco has given notice that it will continue its participation in exploration for massive nickel sulphides over the Santa Rita and Palestina areas. CVRD Inco must spend over US$300,000 on each of the Santa Rita and Palestina areas over the next year in order to keep the option agreement current.
Under the terms of the Farm-in Agreement, Inco may earn a 70% interest in any discovery of more than 100,000 tonnes of contained nickel by completing a bankable feasibility study. Thereafter, Mirabela may contribute at 30% equity or be loan carried into production at 15% equity.
Mirabela will retain 100% of the Santa Rita resource and all future open-cut disseminated discoveries (less than 1% Ni resource grade at a 0.4% Ni cut-off) are excluded from the CVRD Inco Farm-in Agreement. The Company's nickel laterite deposits are also excluded.
CVRD Inco holds a 9.3% interest in Mirabela and is entitled to participate in up to 10% of capital raisings under a standstill agreement. - Web Site
Half Yearly Report - Web Site
Company Secretary Appointment - Web Site
Appointment of Director - Web Site
Half Year Accounts - Web Site
High Grade Massive Sulphide Assay Results - Web Site
AGK ann: Disappointed with Origin s decision - Web Site
Change in substantial holding
BFS Positive and Development Go-ahead Approval - Web Site
Trading Halt - Web Site
Trading Halt - Web Site
UPDATE ON DRILLING COMMENCEMENTS
Petsec Energy Ltd (ASX, PSA; ADR??Ts, PSJEY.PK)
This announcement is to provide an update on expected dates for the commencement of previously announced drilling programmes, which have been subject to rig delays of 3 to 4 weeks from initial schedules. Two drilling rigs are expected to be operating in March and four rigs in April.
Mobile Bay 994 (Gulf of Mexico, USA)
Drilling of 1 to 2 wells at the Mobile Bay 994 lease is now expected to commence early in March.
This follows a successful four-well programme on adjacent Mobile Bay leases conducted between November 2006 and January this year. These blocks are located approximately 160 kilometres east of New Orleans.
Eugene Island 310 (Gulf of Mexico, USA)
A two-well drilling programme at the Eugene Island 310 lease is now expected to commence early in April.
This lease is located approximately 140 kilometres offshore Louisiana and 72 kilometres to the south east of the Company's Vermilion 258 gas production platform.
Moonshine Project (Onshore Louisiana, USA)
Two rigs have been secured for Moonshine drilling. The first rig is expected to commence drilling in the third week in March, with the second rig to commence in early April. - Web Site
Auction of Forfeited Partly Paid Shares.- Web Site
Response to ASX Query - Web Site
New Appointment - Web Site
Distribution Schedule/Top20 Shareholders/ESOP - Web Site
Pre-Quotation Disclosure re Appendix 1A - Web Site
Disclosure Document - Web Site
ASX Circular: Admission & Commencement of Official Quotation - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Hdr Corr: Straits Asia financial statements - December 2006 - Web Site
Santos' Managing Director remuneration arrangements - Web Site
Santos underlying net profit a record $683 million up 7% - Web Site
Change of Director's Interest Notice x 2 - Web Site
WONNICH DEEP-1 EXPLORATION WELL COMMENCED
Tap Oil Limited ("Tap") provides the following update for the Wonnich Deep-1 exploration well.
Location
The Wonnich Deep-1 well is located in Production Licence TL/8 and is being drilled from the existing Wonnich Platform at latitude 20° 30' 3.23" S and longitude 115° 25' 39.72" E. The Wonnich Deep-1 prospect lies underneath the producing Wonnich Flag gas reservoir and Wonnich Platform.
Progress
As of 0600 hours this morning the well was drilling ahead at 100m. The well is planned to drill to a total depth of around 5,200m Measured Depth.
Tap Comment
The primary objective of the well is to test the Upper Jurassic Dupuy sandstone which is a proven reservoir in the basin. The well will also gather additional appraisal information of the shallower Flag sandstone reservoir of the overlying Wonnich Field. The well is expected to reach total depth in 24 days. - Web Site
Gamma-1 Oil Exploration Well Drilling Report, Cooper-Eromanga Basin, ATP 752P, SW Queensland
Summary:
Victoria Petroleum N.L. has been advised by the operator Bow Energy Limited, the Operator for ATP 752P and the Gamma-1 oil exploration well, located in the Wompi Block of ATP 752P in the Cooper-Eromanga Basin, Queensland, that the current operation at 0600 hours EST today is testing the blow-out preventers prior to drilling ahead.- Web Site
Investor Presentation February 2007 - Web Site
ASIC Form 484 share cancellation - Web Site
$225 million proposed investment into Arrow CSG Acreage
The Directors of Arrow Energy NL ("Arrow") are pleased to announce the signing of a Letter of Intent ("LOI") with EIG Energy Infrastructure Group AB ("EIG") of Sweden for a farm-in to a portfolio of predominantly exploration coal seam gas assets in the Eastern coastal region of Queensland.
The assets to be subject to the 50:50 joint venture between Arrow and EIG include:
EIG will contribute $150 million to the joint venture for the rapid exploration, appraisal and, potentially, development of the portfolio of assets. EIG will sole fund joint venture costs until such time as the $150 million of funds is spent, including an upfront reimbursement to Arrow of all costs incurred by Arrow on the assets since March 2006. Subsequent expenditure beyond the $150m will revert to a 50:50 split.
EIG will also pay up to $75 million to Arrow by way of three milestone bonuses of $25 million each on achieving certification of 250 PJ, 500 PJ and 750 PJ (all cumulative) of gross 2P gas reserves on the portfolio of assets...... - Web Site
Half Year Accounts - Web Site
Eremia 7 Appraisal Well Update - Web Site
High Island Project - Acceleration of Development Plan
Aurora Oil & Gas Limited (ASX: AUT) (Aurora or Company) is pleased to advise that following the successful drilling of the High Island 1 well, located off-shore Texas, the joint venture partners are currently evaluating opportunities to fast track project development with a view to commencing production before the fourth quarter 2007.
Previous ASX releases have referred to the construction of new production facilities and drilling of wells two and three before calendar year end, with production forecast to commence in approximately February 2008. Plans currently under consideration would see the acquisition of an existing platform, drilling of the second development well and start of production near the end of the third quarter 2007.
The initial gas production rate is expected to be in excess of 20 million cubic feet per day from the first two wells. The third development well would be drilled and if successful, added to production in 2008. Levels of condensate and oil production are expected to increase to in excess of 1,500 barrels per day over time from the field.
As previously advised, the High Island -1 well has confirmed the presence of good quality gas and condensate in high quality reservoir sands in both the shallower zone, top at 6,823 feet Measured Depth ("MD") and the deeper zone, top at 9,704 feet MD. Reservoir thicknesses are broadly in line with pre–drill expectations. Both zones correlate with hydrocarbon bearing sands in the six earlier drilled penetrations of these sand units and are consistent with the pre-drill mapping of the 3D seismic data.
Pre-drill reserve potential based on the 3D and existing drilling data was 3.2 million barrels of oil and 38 billion cubic feet of natural gas, potentially recoverable from three new wells.
Federal and other royalties on production equate to 25% giving a Net Revenue Interest (NRI) to Gawler of 22.5% (75% of 30%). In addition, the 30% WI is subject to an arrangement allowing certain USA based private interests to "back-in" for 5.4% after the interest holder has recouped its initial investment..... - Web Site
Initial Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Half-year financial report to 31 December 2006
Bendigo Mining Limited (ASX: BDG) announced its change in strategy on 8 January 2007. Since that time the Company has moved quickly to focus exploration on drilling for gold mineralisation on the Garden Gully line and optimise the existing operations to improve performance.
The Company benefited from an improved gold grade of 6.5 g/t during January.
The change in strategy from production to exploration has also prompted a review of the carrying value of non-current assets. In complying with accounting standards under AIFRS (Australian Equivalents to International Financial Reporting Standards) the Company has completed an asset write-down of $207 million which was the major cause of the half-year loss of $224 million.
Exploration update
Three drill rigs were used to begin the first detailed test of the Garden Gully line in modern history. The initial deep holes were completed on three sections over a strike length of 1.1 km. These holes confirmed stratigraphy and provided information to aid the targeting of future drilling.
The 600 m to 700 m long holes intersected laminated quartz veins which are the primary leads to potential ore-forming reefs. Further drilling on each section is planned to target interpreted reef positions.
Operations update
As previously announced, the mining of current reserves will be completed in the first half of 2007.
Mining in January generated a positive operating cashflow. Ore treated was 25,011 t at 6.5 g/t gold to produce 4,865 oz at cash operating cost of A$574/oz (US$449/oz). Gold recovery was 93.5%. The mining and processing parameters were all within expected levels.
Financial impact of change in strategy
Following the Company's recent change in strategy from production to exploration, the carrying value of non-current assets has been reviewed. In order to comply with accounting guidelines under AIFRS the Company has undertaken a comprehensive write-down of assets.
The write-down is a non-cash item and does not affect the Company's cash balance or its ability to pursue the current exploration strategy. ......... - Web Site
Open Briefing - Update on Bendigo Strategy - Web Site
LHG's ann: Court Approves Ballarat Merger - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
WPL ann: NWSV & Kyushu Electric sign LNG Heads of Agreement - Web Site
Replacement of Form 603 submitted (20/02) from MBL - Web Site
Change of Company Secretary & Registered Office - Web Site
Clarification of Previous Release re Witbank Coal Projec - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
OPERATIONS UPDATE - BEAR RIVER PROJECT, ROUTT COUNTY, COLORADO, USA
MAIN POINTS
Appendix 3B - Web Site
West Laverton new results - 3m@10.5g/t, 3m@9.5g/t - Web Site
Letter to Shareholders - Web Site
Presentation re Transaction - Web Site
Pallinghurst & AMCI to create new resources company - Web Site
Half year profit & dividend - Web Site
Citigold Shares to Trade in Dubai
Citigold Corporation is pleased to announce that it has received approval to list its shares on the Dubai International Financial Exchange (DIFX).
Citigold will be the first company from the East Asia/Pacific region to list on this international standard stock exchange. The listing date and commencement of trading will be Monday 19 March 2007 and will effectively extend the trading day for CTO shares.
With the recent commencement of gold production Citigold now considers this an appropriate time to increase investor access to Citigold shares. This listing is planned to increase trading in Citigold's CTO shares and is expected to add shareholder value over time. - Web Site
Half Year Accounts - Web Site
Pandura Update - Web Site
Resignation of Non-Executive Director/Final Dir's Interest - Web Site
Glengarry appoints new Company Secretary - Web Site
Drilling To Commence On Frome Project - Web Site
Becoming a substantial holder x 3 - Web Site
Intrepid Announces Update to Resource and Reserve at Paulsens
Intrepid Mines Limited (TSX: IAU, IXN & ASX: IAU), an international gold and silver production, development and exploration company, announced an update to the resource/reserve estimates for the Paulsens Mine in Australia as at December 31, 2006.
At Paulsens, from inception through to December 31, 2006, gold production totaled 117,266 ounces from 488,260 tonnes processed, at an average grade of 7.94 grams per tonne gold and mill recovery of 94.1%. The mine is expected to produce an average of 75,000-80,000 ounces of gold per year for the first five years of operation.
Resources and reserves have been updated for the Paulsens Mine (as of December 31, 2006) resulting in an increase in both categories. The previous estimates were carried out in August 2006 (see press release dated October 2, 2006). Since that time a program of surface drilling comprising 20 holes for 7,591 metres was completed with results included in the current model (see press release dated January 3, 2007). In addition, a detailed review was undertaken by independent consultant ResEval to examine the mine model and review grade control data as well as reconciliation of mill production data.
The new resource (Measured plus Indicated) is 1,105,000 tonnes grading 10.7 grams per tonne for 379,700 ounces of gold. In addition, the Inferred resource is 122,000 tonnes at 9.3 grams per tonne for 36,300 ounces of gold (see Table 1). The main change has been the increase in Indicated Mineral Resource in the deeper portion of the deposit after incorporation of the results from the 2006 drilling program. The increase to Measured and Indicated resources since the last estimate (see press release dated October 2, 2006) net of mining depletion was 77,100 ounces gold.
The new reserve (Proven and Probable) at Paulsens is 821,000 tonnes grading 9.22 grams per tonne for 243,000 ounces of gold (see Table 2). The increase to reserve since the last estimate (see press release dated October 2, 2006) net of mining depletion was 66,150 ounces gold.
The new reserve was calculated at a cut-off of 4.8 grams per tonne gold versus the August reclassification of 4.0 grams per tonne gold in conformance with revised stope design parameters
Based on these updated reserves the Paulsens mine has a defined three year mine plan at current production targets. In addition, deeper exploration below the 300 metre historical reserve limit continues to provide further opportunity to expand the mine resource.
Further diamond drilling will be conducted from underground during 2007-2008 in order to convert these deeper resources into reserves. The deepest intersection of the Paulsens vein structure to date is 490 metres vertically below surface (approx 150 metres below the current mine reserve). The structure remains open at depth...... - Web Site
Half Yearly Report/Half Year Accounts - Web Site
Half Year Results Brokers Presentation - Web Site
Half Year Results Announcement - Web Site
Notice of General Meeting - Web Site
InterMet Recommences Drilling and Secures $50,000 in PACE Funding for Lake Gilles
InterMet (ASX:ITT) is pleased to announce that drilling has recommenced at its flagship Lake Gilles Project. During 2006 InterMet undertook a detailed gravity survey over EL 3466. The survey delineated three prominent gravity targets; Red Dam, Salt Creek and Lakes Edge. InterMet plans to drill 6 holes to test these gravity targets in the search for iron-oxide, copper, gold and uranium (IOCG) mineralisation (Table 1).........
Hillgrove Resources Limited (ASX:HGO) is a 31% shareholder in ITT. - Web Site
THK ann: Tomahawk to Merge with K2 Energy Limited - Web Site
Merger K2 Energy Limited with Tomahawk Energy Limited - Web Site
Investment Opportunity - Torrens Energy Limited - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Exploration Update - Gold and Uranium - 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
Form 4 as lodged with SEC - Web Site
Becoming a substantial holder - Web Site
Appointment of New Company Secretary - Web Site
Release of Securities from Escrow - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Half Yearly Report - Web Site
Prospecting Permit Granted Over Riwaka Intrusive Complex & Drilling Commences at Peel Nickel-Copper Project
RIWAKA NICKEL-COPPER-PGE PROJECT, NEW ZEALAND
Overland Resources Limited is pleased to announce that its Prospecting Permit covering the Riwaka Nickel-Copper-PGE Project has been granted. The Prospecting Permit covers 740km2 encompassing the majority of the Riwaka Intrusive Complex in the northern part of the South Island of New Zealand.
The Riwaka Intrusive Complex is a mafic-ultramafic layered sequence with widespread nickel and copper occurrences throughout the complex. Similar intrusive complexes host world class nickel deposits such as Voiseys Bay in Canada and Noril'sk in Russia.
Previous exploration has been sporadic targeted only small areas within the complex. Historical shallow, poorly sited drill holes confirm the considerable potential of the Riwaka Intrusive Complex to host economic Ni-Cu-PGE mineralisation with significant Ni-Cu mineralisation intersected in numerous holes. Better results from previous drilling include:
No exploration has been conducted at the Riwaka Intrusive Complex since the 1980's, and modern geochemical and geophysical techniques have never been systematically applied. Overland Resources will now commence a systematic exploration and evaluation program aimed at defining a sizeable high-grade Ni-Cu-PGE deposit.
PEEL NICKEL-COPPER PROJECT, NSW
Overland Resources is pleased to announce that drilling has commenced at its Peel Nickel-Copper Project in northern NSW. Significant copper mineralisation from shallow (less than 34m) reconnaissance drilling beneath the Harrisons Cu-Ni Mine has been detailed in historical reports, with results including:
The mineralisation at the Harrisons Cu-Ni Mine is interpreted to remain open along strike and at depth.
The drill program consists of nine holes for approximately 1000m and is designed to validate historical results, test for depth and strike extensions to the mineralisation and test for the presence of mineralisation beneath anomalous copper in soil results obtained from recent field work. It is expected this drill program will be completed within a fortnight......- Web Site
Kayelekera Development Agreement Approval - Web Site
Response to ASX Query - Web Site
Rio Tinto plc share transaction 21Feb07 - Web Site
ACOJE NICKEL PROJECT - PHILIPPINES
SAPROLITE PIT DEEPENING RESULTS
Rusina Mining NL (ASX: RML, AIM: RMLA) is pleased to announce the results of the recent test pit deepening program. The Acoje nickel laterite contains two layers. An upper red iron rich soil or limonite horizon and an underlying nickel rich rock saprolite horizon. Rusina has recently delineated a JORC compliant resource estimate of 33.15 million tons at 0.95 % Ni and 0.07% Co within the upper limonite at Acoje.
The limonite resource was estimated using manually excavated test pits. Many of the test pits terminated in the harder saprolite mineralisation. A deepening program of the test pits was initiated during January, however the majority of pits were unable to reach the bottom of the saprolite horizon such that a resource estimate could be undertaken. Final results from the saprolite test pit deepening have now been received with significant nickel grades being returned including.
Table 1 below highlights the difference in Nickel mineralisation between the Limonite and Saprolite at Acoje. There is a distinct difference in the iron and nickel grades between the two horizons. There is current high demand for high iron (>40% Fe), low nickel (>0.9% Ni) ferronickel "pig iron" ore feed of which Acoje limonite is suitable. Rusina is currently in discussions with a reputable Philippine mining and civil contractor to fast track the development of a direct shipping operation in the second half of this year........ - Web Site
SARL media release on full year results - Web Site
Preliminary Final Report & Full Year Accounts - Web Site
Initial Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Trading Halt - Web Site
NWSV and Kyushu Electric sign LNG Heads of Agreement
The North West Shelf Venture participant companies and Kyushu Electric Power Company, Incorporated of Japan have signed a heads of agreement for the ongoing supply of liquefied natural gas from Australia's largest resources project.
All eight of the North West Shelf Venture's original Japanese LNG customers have now renewed their long-term LNG purchase commitments.
The North West Shelf Venture will supply 0.73 million tonnes a year to Kyushu Electric in an eight- year deal commencing in April 2009.
Kyushu Electric is Japan's fourth largest power utility. Kyushu Electric's service area, centred on the island of Kyushu, is home to about 15 million people and accounts for around 9.5 per cent of Japan's GDP.
Kyushu Electric is a long standing customer of the NWSV, having signed an original contract in 1985 that ends in March 2009 and a further contract in 2002.
The six equal participants in the NWS Venture are: Woodside Energy Ltd. (16.67% and operator); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67%); BP Developments Australia Pty Ltd (16.67%); Chevron Australia Pty Ltd (16.67%); Japan Australia LNG (MIMI) Pty Ltd (16.67%); and Shell Development (Australia) Proprietary Limited (16.67%).
CNOOC NWS Private Limited is also a member of the North West Shelf Venture but does not have an interest in North West Shelf Venture infrastructure. - Web Site
Link to 2006 Annual Results Briefing Webcast - Web Site
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Thursday 22 February 2007 (Close of Business - New York)
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| All Ords | 5991.1 | +57.8 | Dow Jones | 12,686.50 | -51.91 | |||
| ASX100 | 4865.4 | +55.0 | S&P 500 | 1456.38 | -1.25 | |||
| ASX200 | 6017.1 | +65.3 | Nasdaq | 2524.94 | +6.52 | |||
| ASX300 | 6026.0 | +64.7 | NYSE Volume | 1,950,774,000 | ||||
| Materials (Sector) | 11,437.8 | +41.8 | US 10-Year Bond | 4.730% | +0.038 | |||
| All Ords Gold (Sub Industry) | 4605.9 | +160.8 | Gold - spot/oz | US$679.20 | -0.30 | |||
| Metals & Mining (Industry) | 3818.5 | +8.1 | Silver - spot/oz | US$14.22 | -0.04 | |||
| Energy (Sector) | 12,689.5 | +10.1 | Platinum - spot | US$1224.00 | -2.00 | |||
| AGC Macquarie Au | 5017 | +165.6 | Palladium - spot | US$346.00 | +4.00 | |||
| Hartleys Explorers Index | 15,887 | +53.6 | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2998.5 | closed | Bridge CRB Futures Index | 411.33 | +5.21 | |||
| Hang Seng | 20,809.2 | +157.8 | Light Crude (NYM - $US per bbl.) | US$60.95 | +0.88 | |||
| Nikkei | 18,108.8 | +195.6 | Natural Gas (NYM - $US/mmbtu) | US$7.80 | +0.09 | |||
| India BSE 30 | 14,188.5 | na | Copper (LME - spot $US/tonne) | 6080 | +360 | |||
| FTSE 100 | 6380.9 | +23.8 | Lead (LME - spot $US/tonne) | 1928 | +58 | |||
| German DAX | 6973.7 | +32.0 | Zinc (LME - spot $US/tonne) | 3504 | +204 | |||
| A$ = US78.87 | -0.31 | Nickel (LME - spot $US/tonne) | 42,450 | -475 | ||||
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Wall Street turned in a mixed performance Thursday as Iran's refusal to suspend uranium enrichment ( U.N. official said Iran did not agree to Security Council demands to suspend its nuclear ambitions) rattled investors and tempered a tech rally spurred by a strong outlook from chip maker Analog Devices Inc.
The aftermath of Wednesday's stronger-than-expected consumer inflation figures from the government sent bond yields higher for the second day. The yield on the benchmark 10-year Treasury note rose to 4.73 percent from 4.70 percent late Wednesday. The dollar was mixed against other major currencies, while gold prices eased.
Advancing issues outpaced decliners by a 3 to 2 basis, on lower volume, on the New York Stock Exchange.
Crude oil surged to the highest close this year after an Energy Department report showed that U.S. heating oil, gasoline and diesel inventories plunged as refineries shut units.
High-grade copper futures rallied to their strongest levels since the first week of the year on Thursday, with traders and analysts linking much of the strength to chart-based factors and speculation that demand from Chinese buyers will keep growing.
Half Yearly Report - Web Site
Suspension from Official Quotation - Web Site
Research Note by State One Stock Broking - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Final Director's Interest Notice - Web Site
Diamonds & Specialty Products - CSG Briefing - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
MSX ann:Increases Interest in Tianshan & CopperCo - Web Site
Appendix 3B - Web Site
Trading Halt - Web Site
Restricted securities release from escrow - Web Site
Port Application to the Western Australian Government - Web Site
Change in substantial holding for UNX - Web Site
Change in substantial holding for RHI - Web Site
Yellow Rock Resources Ltd Update re Acquisition - Web Site
Change of Director's Interest Notice - Web Site
Resignation of Joint Company Secretary - Web Site
Open Briefing.Iluka Resources.New MD & Company Priorities - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Half Year Presentation - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
Completion of escrow period & App 3B - Web Site
New Company Secretary and Registered Office - Web Site
Change in substantial holding - Web Site
Change of Director's Interest Notice - Web Site
Top 20 shareholders - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B - Web Site
NEW SENIOR EXECUTIVE TO JOIN WILDHORSE ENERGY
WildHorse Energy Limited (ASX:WHE) is pleased to advise that a further experienced executive will be joining the Company to provide geological leadership across the Company's projects in North America and Europe.
This appointment, combined with the two new Vice Presidents announced on 13th February, is a demonstration of the Company's ability to attract highly experienced executives to work on the development of its projects globally, as the Company focuses on developing its uranium projects with the potential for operations by 2010.
Dr Laurence P. James (Vice President Geological Services) brings skills and international experience to manage the ongoing exploration and development of WildHorse Energy's portfolio of projects to reach JORC compliant standards, their further potential expansion, and the evaluation of other potential projects for the Company....... - Web Site
Change of Director's Interest Notice - Web Site
Amended Initial Director's Interest Notice - Web Site
New Guinea Gold - 3m at 180g/t GOLD (6 ozs) within 24m at 33.7g/t GOLD in TRENCH at MT PENCK
Vancouver, February 21st 2007. Recent trenching at the Mt Penck Project in Papua New Guinea has confirmed two significant new gold mineralised zones at Upper Peni Creek and Kavola South. Upper Peni Creek is 300m west of Kavola East, where most of the 2006 drilling was concentrated, and Kavola South is 100m south of Kavola East. The trenches are hand dug trenches and were dug to gain some idea of the lateral extent of gold grades along strike. The trenches were dug approximately parallel to the strike of the high grade "core" of both zones.
The Mt Penck Property is beneficially owned 60% New Guinea Gold and 40% Vangold Resources.
Upper Peni Creek Zone
Separate trench intersections above 0.5g/t gold cutoff include:
24m at 33.7g/t gold, including 12m at 62.93g/t gold, including 3m at 180g/t gold
12m at 4.07g/t gold
33m at 1.73g/t gold
18m at 1.82g/t gold
12m at 0.88g/t gold
Check assays of some sample pulps have been carried out that confirm gold values. Additional checks of the sample preparation rejects are now in progress.
The above results indicate an average grade for all samples above 0.5g/t gold cutoff of 9.68g/t gold. The average grade for all samples is 8.66g/t gold.
Upper Peni Creek was initially discovered in 2005 by surface channel sampling of outcropping siliceous vein/breccia that returned historical assay results of 1m at 38.2g/t gold (see press release dated 18 November 2006). However, the result was not followed up at the time and the zone was not recognized as a new target until late 2006.
Two initial scout holes, MPD 036 and MPD 037, were drilled in late 2006, before the trench results were available. MPD036 intersected 4m at 5.71g/t gold from 22m to 26m downhole, including 1m at 13.3g/t gold, 120g/t silver and 0.17% copper. This hole was drilled below the historic chip sample of 1m at 38.2g/t gold. Hole MPD037 intersected four 1m to 2m intervals grading up to 2.85g/t gold and 24.3g/t silver to a depth of 68m downhole. All results above a 0.5g/t gold cut off are listed in the table below.
Kavola South Zone
Separate trench intersections above 0.5g/t gold cutoff include:
30m at 4.42g/t gold
48m at 4.01g/t gold
24m at 2.82g/t gold
12m at 1.49g/t gold
The nearest drill hole to the Kavola South Zone is MPD 038 located 160m to the east. This hole intersected 4m at 1.13g/t gold from 44m to 48m downhole.
Mr McNeil CEO of NGG commented: "These are exciting trench results and the 3m at 180g/t gold represents the highest grades ever encountered at Mt Penck. The Peni Creek and Kavola South Zones appear to be separate mineralised zones from Kavola East, and the grades in trench make these highly attractive drill targets. At this stage the lateral and strike extent of both zones are unknown but surface observations suggest the very high grade zones have restricted widths of approximately one metre"......
- Web Site
Acquires Rights to 25% in Uranium Prospects - Web Site
Half Year Financial Report for the period ended 31 Dec 2006 - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Placement of Shares
1:3 Non-Renounceable Issue - Web Site
Underwriting Agreement - Web Site
Tintaburra Weekly Drilling Update
Drillsearch Energy Limited ("Drillsearch") is pleased to announce the casing of two new oil production wells Mulberry 26 and Mulberry 35. Drilling operations continue with Mulberry 27 and Mulberry 41, the weekly drilling update is set out below.
Rig PDI-735 spudded Mulberry 26, a development well, on 15 February 2007. Trace oil shows were encountered in the Murta Zone and fair oil shows were encountered in the Birkhead reservoir. Wire line logs indicated approximately 6 m of net oil pay in the Birkhead and the well has been cased and suspended as a future oil producer. The rig was released on 20 February 2007 to the Mulberry 27 well location.
Mulberry 27, an oil delineation well, spudded on 21 February 2007. Current operations are drilling the surface hole.
Rig PDI-724 spudded the Mulberry 35 delineation well on 7 February 2007. Two cores were cut and recovered in the mid Birkhead reservoir. The core samples indicated good reservoir quality and oil presence. Oil shows and reservoir sand development was also encountered in the upper Birkhead Zone; however a DST failed to recover oil from this interval. The well has been cased and suspended as a mid Birkhead oil production well, with approximately 5 m of net oil pay interpreted from wire line logs.
PDI-724 was released from Mulberry 35 on 17 February 2007 and spudded Mulberry 41, an oil delineation well, on 19 February 2007. Current operations are drilling ahead at 603 m. - Web Site
Change of Share Registry address - Web Site
Half Yearly Report/Half Year Accounts - Web Site
Appendix 3B - Web Site
Update on EnviroGold Activities - Web Site
Change of Director's Interest Notice - Web Site
Lodgement of January 2007 Construction Report - Web Site
Lodgement of Prospectus: Non-renounceable Issue - Web Site
Geodynamics completes $12 million equity placement - Web Site
Change of Director's Interest Notice - Web Site
New EM Base Metal Targets - Copper Gorge - Web Site
Kainantu Project Refinancing Update
Highlands Pacific is pleased to announce that all necessary regulatory approvals have been secured and all conditions precedent met with respect to the restructuring of the Kainantu Gold forward sales program and the injection of USD20 million equity into the Company by Resource Capital Fund IV LP (RCF IV).
These transactions had been foreshadowed in Highlands Pacific's announcements of 12th and 14th February. All agreements have now been executed and the transactions are moving to completion........- Web Site
Results of AGM - Web Site
Half Year Accounts - Web Site
Change of Registered office & Principal Place of Business - Web Site
Preliminary Final Report - Web Site
Nickel Leaching Testwork Results - Web Site
Extension of Takeover Offer - Web Site
Letter to Shareholders: SPP Closing 02/03/07 - Web Site
Drilling Report (Juha 5 Ghard-1 Yusr Nubia-1) 22 Feb 2007
WELL NAME: Juha 5
Oil Search reports that as at 0600 on 22 February, the Juha 5 well was at a depth of 3471 metres and running 7 5/8" casing. During the week operations have involved preparing the hole for casing.
Juha 5 is located 40 kilometres north-west of the Hides gas field. Three wells were drilled on the Juha structure in the early 1980s, and proved the presence of a condensate-rich gas accumulation. No gas-water-contact was located in these wells and the Juha 5 well will drill deeper on the structure with the aim of constraining the vertical gas column height. The well is targeting the Toro reservoir at a depth of around 3,000 metres subsea, 3,550 metres MD.
The planned total depth of the well is 3,700 metres MD. The well will be followed by a second well which will drill a large, untested segment adjacent to the proven segment. The objective of the two wells is to increase considerably both the proven and probable reserves.
WELL NAME: Ghard-1
Oil Search reports that as at 0600 hrs Egypt time (+3 hrs GMT) on 21 February, Ghard-1 was at a depth of 2,865 metres and preparing to sidetrack the well.
During the week the results from the wireline logging program were evaluated. Preliminary results indicate net oil pay of between 25 to 30 metres in the Bahariya and a potential oil pay zone in the Abu Roash. The extent of the pay zone in the Abu Roash was not delineated due to poor hole conditions. Attempts to run the 7 inch liner failed, The well has been plugged back and side tracking operations commecnced.
Ghard-1 is located in the East Ras Qattara concession, Western Desert, Egypt, 12 kilometres north-east of the recently drilled Shahd-1 discovery. Ghard-1 is Oil Search's second well in an extended drilling programme of probably four wells in the East Ras Qattara block in 2007.
The objectives of the Ghard-1 well are reservoirs in the Cretaceous Abu Roash, Bahariya and Alam El Bueib Formations, with a prognosed total depth of 3,950 metres. Production storage facilities are located in nearby adjacent concessions.
WELL NAME: Yusr Nubia-1
Oil Search reports that as at 0600 hrs Egypt time (+3 hrs GMT) on 21 February, the Yusr Nubia-1 well was being completed as a future producer from the Yusr Sandstone.
The primary objective of the well, the Nubia Sandstone interval, was water bearing.
Yusr Nubia-1 is located in Area ‘A', adjacent to the Gulf of Suez in the Eastern Desert, Egypt, and is the second well in a programme to drill up to fifteen exploration and development wells in the Oil Search-operated concession.
WELL NAME: Bina Bawi-1
Oil Search reports that as at 0600 hrs Iraqi time (+4hrs GMT) on 20 February, the Bina Bawi-1 well was at a depth of 3,355 metres and was preparing to commence a testing program.
During the week, the total depth wireline logging program was completed. The Joint Venture is preparing to commence a testing programme to determine the productive and commercial potential of at least three zones intersected by the well.
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.
WELL NAME: Kasad-1
Oil Search reports that at 0600 hrs Yemen time (+4 hrs GMT) on 21 February, the Kasad-1 well was at a depth of 1,497 metres in 8-1/2 inch hole into the Qishn Clasitcs. Currently a cement plug is being set to cure loses into the formation. Drilling progress for the week was 37 metres.
The Al Kasad-1 well will test a four-way dip closed structure updip of the recently drilled Ghobata structure. The primary objective of the well is the Qishn Clastics and fractured Basement, with secondary objectives in the Lam and Kohlan Sandstone. The planned total depth of the well is 2,000 metres.- Web Site
Response to ASX Price Query - Web Site
Issue Closes fully subscribed - Web Site
Expiry of Options - Web Site
Appendix 3B: New Issue of Securities for Tenement Purchase - Web Site
SEA: Sundance - Santos Farmin Agreement - Web Site
Santos 2006 Full Year Results Announcement
Santos today reported a 7% increase in underlying net profit to a record $683 million for the year ended 31 December 2006.
Earnings before interest, tax, depreciation, amortisation and exploration (EBITDAX) was also a record, increasing 17% to $2.14 billion.
After adjusting for significant items, reported net profit after tax was $643 million.
The record underlying profit was driven by a 9% increase in production to 61.0 million barrels of oil equivalent (mmboe), and a 12% increase in sales revenue to $2,769 million....... - Web Site
Sundance-Santos Agree to Queensland Farm In
Sundance Energy Australia Ltd. is pleased to announce that it has entered into a Farmin Agreement with Santos QNT Pty Ltd., relevant to the Queensland tenements in the Cooper Basin in which the Company has rights to acquire an interest.
The tenements (which are still in the application phase and are yet to be granted) are:
RESERVES UPLIFT DRIVES INCREASE IN HALF YEAR PROFIT OF 132% FOR STUART
Stuart Petroleum Limited today announced a net profit after tax of $6.2 million for the half year ended 31 December 2006, a 132% increase over the previous corresponding period. Product sales revenues for the period were $20.4 million from production of 287,000 barrels of Cooper Basin light sweet crude oil.
The result comes after the Company increased reserves by a net 623,000 barrels to 2.780 million barrels at 31 December, a 28% increase after production, since 30 June 2006.
Reserve additions were recorded at the Padulla oilfield following fracture stimulation, installation of jet pumps and improved production during the half year. Over 300,000 barrels of oil reserves were added compared to a total of 44,000 barrels of reserves recorded at 30 June 2006. As a result, $5.28 million (before tax) previously expensed, was written back to profit during the period.
Commenting on the result, the Managing Director of Stuart, Mr. Tino Guglielmo said, "The increase in reserves is a most pleasing outcome, with reserves at 31 December being the Company's second highest on record"....... - Web Site
VPE: Milagro #1 Reached Total Depth and Potential Oil Pay Encountered - Shallow Program Project Margarita, Onshore Gulf Coast, Texas USA
Summary:
Victoria Petroleum N.L. advises that the Milagro #1 well, the second in the shallow onshore Texas gulf coast drilling program, has reached TD and wireline logging operations commenced at approx. 9:00 PM WST February 20, 2007.- Web Site
Milagro #1 Reached Total Depth and Potential Oil Pay Encountered - Shallow Program Project Margarita, Onshore Gulf Coast, Texas USA
Summary:
Victoria Petroleum N.L. advises that the Milagro #1 well, the second in the shallow onshore Texas gulf coast drilling program, has reached TD and wireline logging operations commenced at approx. 9:00 PM WST February 20, 2007.- Web Site
Gamma-1 Oil Exploration Well Drilling Report, Cooper-Eromanga Basin, ATP 752P, SW Queensland
Summary:
Victoria Petroleum N.L. has been advised by the operator Bow Energy Limited, the Operator for ATP 752P and the Gamma-1 oil exploration well, located in the Wompi Block of ATP 752P in the Cooper-Eromanga Basin, Queensland, that the current operation at 0600 hours EST today is preparing to run surface casing shoe at 186 metres. - Web Site
Concise Annual Report 2006
Excellent profit performance
Woodside is in a sustained growth phase and in 2006, we achieved records for production, reserves replacement, revenues, cash flow and earnings. However, there was some disappointment that our record production was lower than we had anticipated.
Strong LNG sales
In January 2006, Woodside, as operator of the North West Shelf Venture, delivered its 2,000th LNG cargo and 1,000th condensate cargo. In May, the first cargo of LNG was successfully delivered to the Guangdong terminal in southern China.
Seven new Head of Agreements were also signed this year for more than 40 million tonnes to be delivered over 6-12 years after current North West Shelf contracts expire in 2009.
Head of Agreements were signed with Tokyo Gas and Kansai Electric to supply a total of between 3.25 and 3.75 million tonnes of LNG per year from Pluto from late 2010.
Exploration success
Woodside had a successful year with 50% of our exploration wells finding hydrocarbons with discoveries in Libya, the United States and Australia. More than half of these discoveries have clear commercial potential, and further work is underway to mature and assess the commerciality of the rest.
New gas projects
We made significant progress with our major LNG projects. The North West Shelf Phase 5 project remains on schedule for 2008. In December, the Board approved $1.4 billion for Pluto site preparation and procurement of long-lead items ahead of a planned final investment decision mid 2007. However, schedule slippage on the Otway project was disappointing.
First oil - Chinguetti and Enfield
We delivered Mauritania's first oil production in February 2006 when the Chinguetti field was brought on stream. Later in the year, we delivered another first, with the start- up of Enfield in Western Australia in July. Both fields have since provided production challenges and during 2007 work will focus on improving production.
Safety performance
During 2006, too many people were injured while working either directly or indirectly for Woodside. Four of these incidents had the potential to cause death. At Woodside, we believe that all accidents are preventable, and we remain focussed on ensuring that we do much better in 2007.
Dividend
The Directors declared a fully-franked final dividend of 77 cents per share (58 cents per share in 2005). The dividend will be paid on 28 March 2007 and will lift the full- year dividend to 126 cents per share (compared to 93 cents per share in 2005).
Board changes
In February, Mr Russell Caplan succeeded Mr Tim Warren as a Shell-nominated non-executive director, following Mr Warren's retirement. In April, Mr Rory Argyle retired. In June, Mr Jakob Stausholm was appointed as a Shell- nominated non-executive director, following the resignation of Mr Peter van Rossum in February. ...... - Web Site
Adelaide Brighton 2006 results presentation to analysts - Web Site
A-Cap to raise A$15 576000 - Web Site
Uranium Drilling Underway - Web Site
Port Preparation & Production Progressing Well - Web Site
Appendix 3B - Web Site
AET Audio Broadcast - Web Site
Half Yearly Report & Accounts
Weekly Drilling Report - Web Site
Results of General Meeting - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
Entitlement Issue of Options - Web Site
Appendix 3B: Exercise of Employee Options - Web Site
Audio Broadcast - Web Site
Release from Escrow - Web Site
2007 Annual General Meeting - Web Site
Diebling ST1 Well Progress Report - Web Site
Commences Uranium Survey in Gascoyne and Yilgarn - Web Site
Uranium & Base Metal Results - Bali Hi Project
Highlights
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Southdown Public Review Period Underway
Grange Resources Limited (ASX: GRR) is pleased to announce that the Company's proposed development plans for its 100%-owned Southdown Magnetite Project near Albany, Western Australia have progressed to the public environmental review period.
The EPA released Grange's Public Environmental Review (PER) for Southdown for public comment on Monday 19 February 2007. The public comment phase will run for a fixed eight-week period with members of the community invited to make submissions by 16 April 2007...... - Web Site
Initial Director's Interest Notice x3 - Web Site
Amended letter to option holders - Web Site
Chairman & MD's Address to Company AGM - Web Site
Share Placement - Web Site
IAMGOLD 2006 Operating Results and 2007 Guidance
IAMGOLD Corporation ("IAMGOLD" or "the Company") (TSX:IMG)(NYSE:IAG)(ASX:IGD)(BSE:IAMGOLD) announced today that the Company produced 642,000 ounces of gold in 2006 at a weighted average cash cost of US$321 / ounce. This represents a 44% increase in production from 2005 and a 16% increase in costs over the same period.
Joseph Conway, President and CEO of IAMGOLD commented on the Company's 2006 production results, stating: "We exceeded our forecast of production and costs at our four joint venture operations for 2006. In fact, the Sadiola and Yatela operations in Mali had a great year with a combined increase in production of close to 25%. The remainder of IAMGOLD's increase in overall production is attributed to the contributions made from the new assets acquired through our acquisitions in 2006 of Gallery Gold and Cambior. Our production in 2007 is expected to increase by about 55% over 2006. Our challenge remains costs as 2007 costs will be higher. We are evaluating a number of opportunities to reduce costs to ensure we have improved operating performance relative to the noted guidance."
Table 1 summarizes production and Gold Institute cash costs and the production attributable to IAMGOLD in 2006 for all operations:.......... - Web Site
2006 Full Year Results Presentation - Web Site
Preliminary Final Report - Web Site
Boardroom Radio Audio Broadcast re Magnetic Resources NL - Web Site
SIGNIFICANT DOWN PLUNGE EXTENSION IDENTIFIED AT SINCLAIR DEPOSIT
Jubilee Mines NL (ASX: JBM) is pleased to announce significant drilling results from testing the down-plunge extensions to the Sinclair Deposit at the Company's wholly owned Bannockburn Nickel Project, near Leonora in the Eastern Goldfields, W.A. (figure 1).
The Sinclair resource currently stands at 1,214,670 tonnes @ 2.77%Ni for 33,697 nickel metal tonnes.
Surface diamond drilling to test for down-plunge extensions of the mineralisation has intersected significant massive, matrix and disseminated nickel sulphide mineralisation up to 125 metres north of the current northern limit of the current resource limits (figure 2). Significant results include (see table 1 for details):
These results confirm the continued strong presence of the mineralised trend at Sinclair and indicate that with confirmatory infill drilling the resource is likely to increase...... - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Becoming a substantial holder - Web Site
Comment re: Newspaper Article - Web Site
LionOre to Delist from Australian Stock Exchange
LionOre Mining International Ltd (TSX/ASX: LIM, LSE: LOR, BSE: LIONORE) ("LionOre") today announced its intention to delist from the Australian Stock Exchange ("ASX") with effect from June 5, 2007.
LionOre's primary listing is on the Toronto Stock Exchange ("TSX"), and there are a number of material differences between the requirements of the TSX Listing Rules and the ASX Listing Rules. To the extent that LionOre is not granted a specific waiver to meet ASX Listing Rule requirements, LionOre is required to fully comply with the ASX Listing Rules. With a limited volume of trading on the ASX, and a limited number of LionOre shares held in Australia, the Company has determined that the financial, administrative, and compliance obligations of maintaining the listing are no longer justified....... - Web Site
Notice of General Meeting - Web Site
Linc Energy releases Interim Drilling Results - Web Site
Incident at Jack Hills Mine with Transport Company - Web Site
Appendix 3B x2 - Escrow Shares & Options - Web Site
Form S-8 as lodged with SEC - Web Site
Change of Director's Interest Notice - Web Site
Presentation - Web Site
Pike River Coal Appoints Independent Directors
New Zealand Oil & Gas Limited announces that subsidiary Pike River Coal Limited (PRCL) has appointed Messrs John Dow and Stuart Nattrass as independent directors to the PRCL board.
PRCL is the owner of the premium coking coal deposit now being developed in the Paparoa Ranges north east of Greymouth on the West Coast of the South Island....... - Web Site
Change in substantial holding - Web Site
Full Year Financial Results Presentation - Web Site
Finanical Report to 31 December 2006 - Highlights
Oxiana has today announced earnings before interest, tax, depreciation and amortisation of $810.4 million for the full year. The net profit after tax, interest, depreciation and other charges was $553.2 million.
The record earnings are a result of sound performance at Oxiana's operations and strong prices for the Company's main metals - copper, zinc and gold.
Directors have declared a dividend of 5 cents per share franked to 46% bringing the total dividend for 2006 to 8 cents per share.
Presenting the results Oxiana's Managing Director, Owen Hegarty, commented, "We had a stand-out year in 2006 - operationally and financially. We have delivered record earnings of $553 million and have a healthy balance sheet with more than $670 million in cash and no net debt.
The strength of our balance sheet enables Oxiana to continue to grow through a pipeline of organic developments. We are looking to expand copper and gold output at Sepon and zinc and by-products at Golden Grove. The Prominent Hill copper and gold development inThe in South Australia remains on track for first production in the third quarter of 2008. This will be a further strong source of earnings and cash-flow for Oxiana.
We will also continue to look to grow through corporate activity - a successful bid for Agincourt Resources Limited will enable a significant expansion of our gold and silver resource and production base.
The outlook for 2007 and beyond is excellent - we continue to see strong demand and buoyant prices for our metals - copper, gold and zinc."
- Web Site
Preliminary Final Report - Web Site
Appendix 3B - Exercise of Options - Web Site
Quarterly and Annual Earnings Report as at December 2006
PORTMAN LIMITED REPORTS FOURTH-QUARTER EARNINGS
Perth, WA - February 22, 2007 - Portman Limited (ASX: PMM) today reported a fourth-quarter 2006 unaudited net income of $32.8 million or 18.66 cents per share. (All per-share amounts are "diluted."). This compares with net income of $17.0 million or 9.69 cents per share in the fourth quarter of 2005. Net profit before transaction costs was $115.4 million or 65.66 cents per share for the year ending 31 December 2006 versus net profit of $88.1 million or 50.14 cents per share in 2005.....
Outlook
Portman's estimate of 2007 production is 8.5 million tonnes, including 0.4 million from Cockatoo Island. Feasibility studies have concluded that mining and shipments from the current operations at Cockatoo Island can be continued until late 2007. Portman's estimate of 2007 sales is 8.5 million tonnes, compared with 7.4 million tonnes in 2006.
In December 2006, settlements between a number of the major seaborne iron ore producers and the Chinese steel industry resulted in a 9.5 percent increase in lump and fine ore prices for 2007. Sales of lump and fine ore from Portman will reflect the negotiated increase. Unit production costs at Portman are expected to be approximately 10 percent higher in 2007.
We are studying the use of existing technologies to beneficiate lower grade ores, which if successful could increase the ore reserve base......- Web Site
Appendix 3B - Web Site
Project Summary and Progress Update
LaSalle Parish Project
This project continues to be a very consistent and solid producer for Pryme with the drilling of four development/step-out oil wells in 2006. This takes the total number of producing wells in this project to 25 at the time of writing this report.........
Turner Bayou 3D Seismic Project
Weems Geophysical of Houston, Texas has been busy during the Christmas period in surveying and drilling shot holes in the most difficult areas of this seismic project. The recording of data began on 6 February 2007, whilst the Australian directors were in the United States........
Kestrel Project
Kestrel has been fully leased and is currently being marketed to third parties for project funding.......
Raven Project
Pryme elected to retain a 40% working interest in this project for its own account, which includes a carried working interest, because of the favorable risk-to-reward ratio that characterizes the region. The remaining 60% is held by the highly experienced local operator, Nelson Energy of Shreveport, Louisiana. Leasing and drill site locations are currently being finalized with the initial size of the project being five 640 acre sections (3,200 acres in the aggregate) with the capability to expand to eleven 640 acre sections (potential of up to 7,040 acres).......
Condor Project
The Condor project area includes multiple Tuscaloosa targets that have historically produced combined production of 100BCF of gas. The project consists of the leasing of two 640 acre tracts of land in the Tuscaloosa fairway. Under a portion of these lease blocks, a written engineering report is available that points to approximately 20 BCF to 40 BCF of proved, but undeveloped, natural gas reserves that remain....... .
The Future - High Impact Deep Exploration Projects
The future for Pryme is certainly one of exploration through the mitigation of risk by adopting and using cutting-edge 2D and 3D seismic technology and analogue well mapping by some of the most successful geologists and geophysicists in our core area. The Directors are steering the company to be a deal maker not a deal taker in the short term and to achieve this are currently working on:
Trading Halt - Web Site
Rio Tinto plc share transaction 20Feb07 - Web Site
Company presentaing-BMO Nesbitt Burns Resources Conference - Web Site
Audio Broadcast - Web Site
Preliminary Final Report/Full Year Accounts - Web Site
2006 Full Year Results Presentation - Web Site
Update on Project Margarita - Milagro Well - Web Site
Harriet Joint Venture Production Update - Web Site
Appendix 3B
Change in substantial holding - Web Site
Trillbar project - Exploration Update - Web Site
Drilling results upgrade resources at Cinabrio - Chile - Web Site
Appendix 3B - Cancellation of Employee Options - Web Site
Appendix 3B: Exercise of Options - Web Site
Drilling on second hole commences at Churchill Dam - Web Site
BOW:Gamma-1 Oil Exploration Well-Cooper-Eromanga Basin Spuds - Web Site
MGN Weekly Drilling Report Muthero-4 & Tunkalilla-1 - Web Site
Appendix 3B - Web Site
2006 Annual Results Release - Web Site
Initial Director's Interest Notice x 4 - Web Site
Record Date Clarification - Web Site
Half Year Results Presentation - Web Site
Zamia Initial Gold Drilling Programme Completed - Web Site
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Wednesday 21 February 2007 (Close of Business - New York)
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| ASX200 | 5951.8 | -37.9 | Nasdaq | 2518.42 | +5.38 | |||
| ASX300 | 5961.3 | -38.0 | NYSE Volume | 2,604,326,000 | ||||
| Materials (Sector) | 11,396.0 | -183.5 | US 10-Year Bond | 4.692% | +0.012 | |||
| All Ords Gold (Sub Industry) | 4445.1 | -92.0 | Gold - spot/oz | US$679.50 | +22.00 | |||
| Metals & Mining (Industry) | 3810.4 | -63.8 | Silver - spot/oz | US$14.26 | +0.45 | |||
| Energy (Sector) | 12,679.4 | -27.1 | Platinum - spot | US$1226.00 | +16.00 | |||
| AGC Macquarie Au | 4851 | -119.6 | Palladium - spot | US$342.00 | +6.00 | |||
| Hartleys Explorers Index | 15,833 | +346.9 | Uranium - spot US$/lb | US85.00 | +10.00 | |||
| Shanghai Composite | 2998.5 | closed | Bridge CRB Futures Index | 406.12 | +6.45 | |||
| Hang Seng | 20,651.4 | +83.5 | Light Crude (NYM - $US per bbl.) | US$60.07 | +1.22 | |||
| Nikkei | 17,913.2 | -25.9 | Natural Gas (NYM - $US/mmbtu) | US$7.72 | +0.10 | |||
| India BSE 30 | 14,188.5 | -64.9 | Copper (LME - spot $US/tonne) | 5720 | -60 | |||
| FTSE 100 | 6357.1 | -55.2 | Lead (LME - spot $US/tonne) | 1870 | +32 | |||
| German DAX | 6941.7 | -41.3 | Zinc (LME - spot $US/tonne) | 3300 | +13 | |||
| A$ = US79.18 | +0.55 | Nickel (LME - spot $US/tonne) | 42,925 | -25 | ||||
| A$ = 95.72yen | +1.38 | Aluminium (LME - spot $US/tonne) | 2771 | -10 | ||||
| A$ = 0.603Euro | +0.005 | Tin (LME - spot $US/tonne) | 14,010 | +495 | ||||
| Click on Links to Access Charts | ||||||||
Stocks finished mixed Wednesday after consumer prices showed a larger-than-expected increase in January and minutes from the Federal Reserve's last meeting showed the central bank considered but decided against taking a more dovish tone on the threat of inflation.
While the Dow Jones industrials fell, the Nasdaq composite index closed at a new high for the year.
Declining issues outnumbered advancers about 6-to-5, on increased volume, on the New York Stock Exchange.
Light, sweet crude settled up $1.22 at $60.07 per barrel on the New York Mercantile Exchange after a number of refinery shutdowns raised concerns about supply and as tensions increased over Iran's uranium enrichment plans.
Copper in New York jumped 2.5 percent as renewed demand by hedge funds for metals, energy and grains drove commodity prices up to the highest since late December.
Nickel fell in London, erasing an earlier gain that took the metal to a record, on speculation growth in global demand for stainless steel will slow. Lead rose to its highest ever.
Tin continued to rise - supplies will fall short of demand by about 30,000 tons in 2007 because of reduced output in Indonesia, the world's second-largest producer after China, U.K. consulting companies ITRI Ltd. and CRU said on Feb. 19.
Gold surged to a nine-month high in New York after the U.S. said inflation accelerated more than forecast in January and commodity prices jumped.
Appendix 3B - Web Site
Eremia 7 Appraisal Well Update
ARC Energy Limited advises that the Eremia 7 well, operated by ARC Energy and located in the onshore Perth Basin, was drilled to a total depth of 2,291 metres and has now been completed as an oil production well. Work is underway to conduct a clean-up flow of Eremia 7 before it is tied back to the Hovea - Eremia production facilities.
Analysis of the logging information indicates that the well has intersected the Dongara Sandstone reservoir at 2,050.5 metres true vertical depth (TVD) sub-sea, approximately 12.5 metres high to prognosis and 2.5 metres above the previous highest intersection in the field (at Eremia 6). From the full logging suite, Eremia 7 is interpreted to have intersected a total original oil column of 24.5 metres, of which the lower approximately 10 metres appears to be partially swept by previous production from the field.
The rig is presently being moved from the Eremia 7 site to the next well, Jingemia 11...... - Web Site
Conference Presentation - Web Site
Article by Mining News - Web Site
Board of Director Changes - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Amendment to record date re Convertible Notes Offer - Web Site
Appendix 3B - Web Site
Prospectus - Convertible Notes Offer - Web Site
Non-Renounceable Convertible Notes - Web Site
2006 Full Year Results Review - Web Site
Preliminary Final Report/Full Year Accounts - Web Site
Appendix 3B - Web Site
Share Purchase Plan - Web Site
Change of Director's Interest Notice - Web Site
Commencement of Drilling
Sugarloaf-1 Well Testing Program - Lower Hosston Interval Perforated
The first part of the testing program over the lower Hosston interval has been completed by perforating several zones. As per the program design, these zones were not fracture stimulated and no flow of gas was recorded.
As envisaged in the original testing program, the next stage will involve the perforation and fracture stimulation of selected intervals of the upper Hosston sands which are interpreted to have better potential reservoir development as compared to the lower Hosston intervals. The fraccing program is currently scheduled to commence in early March.
Further ASX releases in relation to the Sugarloaf-1 testing program will be made upon any material developments and results from these tests. - Web Site
Half Yearly Report/Half Year Accounts & Dividend
1. NET PROFIT UPGRADE AND HALF YEAR REPORT
Following receipt of the average January LME nickel price and resulting adjustment to sales and receivables, Independence Group NL is pleased to advise the final net profit after tax for the December 2006 half year has increased to $39.9 million, an upgrade of $3.7 million*.
The December 2006 Half Year Report is attached.
2. DIVIDENDS
IGO will pay an interim dividend of 3 cents per share to shareholders. Due to the high nickel prices prevailing during the period, IGO will also pay a one-off special dividend of 3 cents per share.
The total 6 cent dividend payment will be made on 14 March 2007 with a record date of 2 March 2007. - Web Site
Ceasing to be a substantial holder x 3
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Suspension from Official Quotation - Web Site
Change of Director's Interest Notice - Web Site
OceanaGold 2006 Year End Release Presentation ($US) - Web Site
Notice of status of defeating conditions - Web Site
Half Year Accounts - Web Site
Correspondence to shareholders re Rights Issue - Web Site
Half Yearly Report/Half Year Accounts
Appendix 3B: Options - Web Site
Pro rata options prospectus - Web Site
Chairman Letter re ACCC Announcement on Santos Offer - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Santos Offer for QGC
As a result of the ACCC's decision announced to the ASX yesterday, Santos notes that the first condition of Santos' offer to Queensland Gas Company Limited dated 15 February 2007 ("QGC Offer") (announced to the ASX on that day), will not be satisfied by the acceptance deadline of 5 March 2007.
Santos therefore confirms that it does not intend to proceed with the QGC Offer. - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Notice under Section 708A(6) of the Corporations Act - Web Site
Half Year Accounts - Web Site
MINOTAUR - PLATSEARCH JOINT VENTURE
KLONGOBANGEE PROJECT, THOMSON FOLD BELT, NSW
Minotaur is pleased to announce the signing of a joint venture agreement with PlatSearch Ltd (ASX Code: PTS) on PlatSearch's Klongobangee Project ELs 6630, 6631 and 6664. These tenements are held 100% by PlatSearch and are located in the Thomson Fold Belt, a largely unexplored region in north-western NSW, now recognised as a new exploration "frontier" with significant potential for large sediment-hosted base and precious metal deposits, such as exist in the Cobar Basin some 200 kilometres to the south-east.
The principal terms of the joint venture are as follows:
RIU Explorers Conference 2007 Presentation - Web Site
Erayinia Update - RC Drilling Progress Report at Calliope E1 - Web Site
Conference Presentations - Web Site
BPT: Weekly Drilling Report - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
VPE: Gamma-1 Oil Exploration Well Starts Drilling - Web Site
RIU Explorers Conference - Web Site
Change in substantial holding - Web Site
Ruby Project: Modification of Consent Not Approved - Web Site
Commissioning Commenced/Reserve Upgrade/Conv. Notes - Web Site
Entitlement Issue - Web Site
Reinstatement to Official Quotation - Web Site
Small Share Parcel Sale Facility Update - Web Site
Presentation re Placement - Web Site
Reinstatement to Official Quotation - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Appendix 3B - Web Site
Notice of Extraordinary General Meeting - Web Site
Drilling Update
USA Gulf Coast
Kicker Prospect, Vermillion Parish, South Louisiana (FAR 5%)
Great Wall Drilling Rig 172 has arrived on location and is being rigged up prior to spudding the Kicker Prospect located on a 1,017 acre lease block in Vermillion Parish, South Louisiana. The prospect is supported by a combination of subsurface well control and 3D seismic and is located on the northwest flank of the Kaplan field that has produced 300 BCF gas.....
Alberta Canada
Clear Prairie 3-8-90-12 (FAR 15%)
The Clear Prairie 3-8-90-12 well commenced drilling on 19 February using Technicoil Rig #2114 and is currently at surface casing depth of 176 metres. The well is being drilled pursuant to an agreement with Suncor Energy Inc., of Calgary, Alberta ("Suncor") and others, to confirm and develop gas on Suncor acreage. This project is located in the Clear Hills Area in Canada's Western Gas Basin adjacent to British Columbia..- Web Site
RIU Explorer Conference 2007 - Gleneagle Presentation - Web Site
Erayinia Update - RC Drilling Progress Report at Calliope E1 - Web Site
Appointment of Company Secretary - Web Site
RIU Explorers Conference 2007 - Web Site
Placement - Web Site
Admission to Official List - Web Site
December 2006 Half Year Financial Statements - Web Site
Appendix 3B - Web Site
Updated Presentation for February and March Roadshows - Web Site
RECORD $107.6M FIRST HALF NET PROFIT
Jubilee Mines NL (ASX: JBM) today announced a record $107.6 million net profit after tax for the six months to 31 December 2006, representing an all-time record financial performance driven by record nickel prices and strong production. The result - which included an $11.8 million write-off of exploration and evaluation expenditure - exceeds the Company's previous record $103.4 million net annual profit for 2005/06.
On the strength of the excellent result, Jubilee's Board has declared a record interim fully franked dividend of 30 cents per share (2005: 13 cents), representing the Company's highest ever dividend payment. This dividend will be paid on 20 March 2007 to shareholders registered on 7 March 2007.
The outstanding financial performance reinforces Jubilee's position as Australia's premier mid-tier nickel producer. At the same time, the strong cash generation of the Company's 100%-owned Cosmos Nickel Operations continues to underpin Jubilee's organic growth strategy, with several new mine developments either currently underway or anticipated and a major $20 million exploration budget for the first half of calendar 2007.
The result for the 6 months to 31 December 2006 was achieved on a 186% increase in sales revenue to $244.9 million (2005: $85.5 million), which was principally due to higher realised nickel prices. Pre-tax earnings increased by 360% to $154.5 million (2005: $33.6 million), while gross profit increased by 409% to $177.8 million (2005: $34.9 million). The net profit translated into record earnings per share (basic) of 83.2 cents (2005: 18.2 cents).
The bottom line result included an $11.8 million write-off of exploration and evaluation expenditure, reflecting a continued prudent approach to the Company's financial management.
At the 31 December 2006 balance date, Jubilee had cash and cash equivalents of $226.1 million (2005: $47.4 million) and trade and other receivables of $72.3 million (2005: $57.3 million), equating to a record cash and receivables position of $298.4 million....... - Web Site
Appendix 3B - Web Site
Amendments to previous announcement re Acreage Update - Web Site
Lafayette Convertible Notes
This release provides detail of the Financial Close of the Convertible Notes issued to South East Asian Strategic Assets Fund (SEASAF). Issue of the notes and receipt of the subscription moneys will be completed within the week.
The release also provides further information on the restoration of Rapu Rapu mine-site facilities after Supertyphoon Reming. Work is progressing on schedule and within initial budget estimates since commencement in early January. Additionally, insurance claims processes are proceeding and payment for stockpiled concentrate sales is expected to be received shortly. - Web Site
Appendix 3B - 21 February 2007 - Web Site
Appendix 3B - 21 February 2007 - Web Site
Appendix 3B - 21 February 2007 - Web Site
Appendix 3B - 21 February 2007 - Web Site
Appendix 3B - 21 February 2007 - Web Site
Appendix 3B - 21 February 2007 - Web Site
Appendix 3B - 21 February 2007 - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Shareholder Share Purchase Plan Offer
The Board of Matilda Minerals Limited ("Matilda") is pleased to announce an offer to shareholders pursuant to a Shareholder Share Purchase Plan ("Plan") under which shareholders may apply for shares in Matilda up to a maximum of $5,000 per shareholder. The Plan will provide for eligible shareholders to take up amounts of either $1,000, $3,000 or the maximum sum $5,000.
The offer of Shares under the Plan will be made at 57 cents per share being a discount of approximately 7% to the average market price for the previous 5 days. The Plan will operate in accordance with the stated exception under ASX Listing Rule 7.1; namely that the number of securities to be issued under the Plan will not be greater than 30% of the number of fully paid ordinary securities on issue. There are approximately 61 million ordinary securities currently on issue.
The Record Date for this offer has been set at 5.00pm (WST) on 20 February 2007 and offer documents will be forwarded to eligible shareholders on or about Wednesday 28 February 2007. The Plan is scheduled to close on Wednesday, 21 March 2007.- Web Site
Increases Foothold in Upstream Feedstock Business - Web Site
MACARTHUR COAL DISMISSES LINK
Keith De Lacy, Chairman of Macarthur Coal Limited (ASX:MCC), today issued a statement dismissing any suggestion of a link between loan instalments by Ken Talbot to Gordon Nuttall and an arrangement with the Government to relocate the Transport Infrastructure Corridor at Coppabella Mine.
He said a Commercial Terms Sheet with respect to the arrangement had been issued by the Department of State Development (DSD) approximately 12 months before the first of the loan installments.
Mr De Lacy said the arrangement, which facilitated the relocation of the government infrastructure (road and rail) at the mine, was a commercial one and was backed by a bank guarantee from the Macarthur Coal group's financiers.
"The arrangement was negotiated between officials from Macarthur Coal and officers from the Treasury Department and DSD. It wasn't even a cabinet decision," Mr De Lacy said.
He said the big winner from the deal was the government.
"The liberated coal will lead to royalty payments to the government of up to $150 million as well as increased revenue for government owned corporations such as Queensland Rail.
"Mr Talbot remains a Director of Macarthur Coal and we retain confidence in him.
"It is business as usual at Macarthur Coal." - Web Site
Drilling Report - Web Site
Drilling Intersects Nickel-Copper Sulphides at Roe - Web Site
AOG Exhibition & Conference Presentation in Perth - Web Site
Pro Rata Option issue revised timetable - Web Site
Expiry of Unlisted Employee Options - Web Site
Placement - Web Site
Kylylahti Deposit Still Going Strong at Depth
Vulcan Resources Limited ("Vulcan") (ASX: VCN) today announced drill results at the Company's copper-cobalt project, Kylylahti, in Finland that indicate potential to add to the mine life and extend the years of higher grade production.
The results were excellent with high grades persisting to depth. Drillhole 927B gave 98.5m at 1.15% Cu, 0.21% Co, 0.20% Ni, 0.79% Zn and 1.25 g/t Au (5.2% copper equivalent)....... - Web Site
Gamma-1 Oil Exploration Well Starts Drilling in the Cooper-Eromanga Basin, ATP 752P, SW Queensland
Summary:
Victoria Petroleum N.L. has been advised by the operator Bow Energy Limited that the Gamma-1 oil exploration well located in the Wompi Block of ATP 752P in the Cooper-Eromanga Basin in southwest Queensland commenced drilling at 11:00 am today. - Web Site
Presents to RIU Explorers Conference - Web Site
Results of General Meeting - Web Site
Full Year Accounts - Web Site
Response to ASX Price & Volume Query - Web Site
Initial Director's Interest Notice x 3 - Web Site
Appointed of Barney Berold on the board of Lakes Oil - Web Site
2007 Drilling Ptogtam to commence at BrightStar - Web Site
Trading Halt - Web Site
Sugarloaf-1 Well Tsting Program - Web Site
Operations Update - Web Site
Despatch of Holding Statements - Web Site
Half Yearly Report & Half Year Accounts - Web Site
WEEKLY DRILLING REPORT
The Directors of Amadeus Energy Limited wish to announce the weekly drilling update report as follows:
Exploration wells:
Gerdes A #2
Type: Gas development
Location: Lavaca County, Texas
Target Depth: 9,600 feet - Wilcox sands
Working Interest: 25%
Operator: Trio Consulting and Management LLC- Wichita Falls, Texas.
Status: The Gerdes A-2 was spudded on 15 February 2007 (Texas time) and has progressed to a depth of 6,415 feet as at 20 February 2007.
The Gerdes A-2 will be followed back-to-back by the Butschek A-1, Miller #1, Erhard #1 and Goode #1 wells.
Butschek A #1
Type: Gas development
Location: Lavaca County, Texas
Target Depth: 9,200 feet - Wilcox sands
Working Interest: 25%
Operator: Trio Consulting and Management LLC- Wichita Falls, Texas.
Status: The Butschek A-1 is due to be spudded back-to-back upon completion of the Gerdes A#2 well.
Losey Trust # 3
Type: Oil development
Location: White Eagle Project, Stafford County, Kansas
Target Depth: 4,700 feet - Mississippian
Working Interest: 68%
Operator: TNT Engineering Inc- Wichita Falls, Texas.
Status: The Losey Trust #3 has not yet spudded due to snow and ice melting, preventing the rig from moving onto location. - Web Site
Change in substantial holding for RHI - Web Site
MDs presentation at RIU Conference - Web Site
Chairman's Comment Results of Meeting - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Conference Call for year-end 2006 results - Web Site
Weekly Exploration Update
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1 Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1well has now commenced the production testing programme. As a number of zones will be tested the duration of the program is likely to take up to two weeks. A full description of the test results will be made available upon completion of the programme.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2 Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5% The Scott-2 well spudded on 25 January 2007.
The well is currently drilling through the upper part of the primary objective at a depth of 12,305 feet. Good quality gas and oil shows have been recorded in the upper sand and the main sands are anticipated to be drilled within 24 hours.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1 Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares 25%
The Ilse-1 well has run and cementing a 7 5/8 inch liner to a depth of 13,230 feet (3,962 metres) prior to drilling the remaining section of this well which contains the two primary targets of the New Taiton Prospect.
Wireline logs have been run over the 8 1/2" inch hole section to 13,230 feet and hydrocarbon indications in the Upper Wilcox and Wilcox Meek intervals have been identified based on these logs which correspond to gas shows encountered during drilling. The Upper Wilcox and Meek are produced locally in this area. Whilst interesting, with possible producible gas, these intervals were not designated as primary targets. Any decision to test these zones will be made at a later date following the conclusion of drilling and a review of the overall well results. Total planned depth for the well is 17,300 feet (5,274 metres).
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1 Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The Garcitas Ranch C-1 well reached a final TD of 13,030 feet on 24 January 2007. A production testing program is currently being prepared.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2 Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The operator has proposed a second well approximately 1,500 feet from the discovery well and secured the same drilling rig to drill the hole. Spudding of the new well is anticipated to happen in early March 2007. - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
PTR: $5 Million Federal Grant Offer forParalana Proj. in SA - Web Site
Becoming a substantial holder - Web Site
Encouraging Drilling Results from Costerfield Gold/Antimony
Appendix 3B: Allotment of SPP - Web Site
Acquisition of Witbank Coal Project - Web Site
Interim Offtake Update - Web Site
South Madura Farm Out - Web Site
Trading Halt - Web Site
Ore Haulage Heads of Agreement for Wilgerup Hematite Deposit - Web Site
RIU Explorers Conference Presentation - Web Site
Issue of Consideration Shares #2 - Web Site
Increases Bought Deal Financing - Web Site
Monks Hill Kimberlite Pipe/Flinders Ranges Explor.Update - Web Site
Company Presentation at RIU Explorers Conference - Web Site
Letter to Shareholders - Interim Dividend and DRP - Web Site
Corporate Presentation - Web Site
Geodynamics acquires Lightning Rig to power hot rocks drilling
Hot rock energy developer Geodynamics Limited said today it is on track to spud Australia's first commercial-scale hot rock well mid-year after securing its own state-of-the-art drilling rig from Texas, together with an experienced Australian operator.
Amid intense debate on addressing climate change, the move places the company in pole position in the race to develop emission-free, renewable energy sources in Australia...... - Web Site
Geodynamics completes $12 million equity placement
Geodynamics is pleased to announce that it has completed a $12 million fund raising, comprising equity placements to existing major shareholders and sophisticated investors.
Following completion of the successful placement, Geodynamics has requested the ASX to lift the trading halt on its shares. A total of 12 million shares were placed at $1.00 per share. In addition, one attaching unquoted placement option exercisable at $1.00 per share and expiring 31 August 2007 for each placement share was issued. The issue price for the placement shares represents a 8% discount to the weighted average share price for the previous 20 trading days.
The placement represents 10.8% of the existing issued capital. Following the issue, Geodynamics will have fully paid issued capital of 123.4 million shares.
The funds raised will be used to secure a new drilling rig which is scheduled to leave the USA in early May and arrive in Australia in early June 2007. This new generation drilling rig will be the largest and most modern rig in Australia when it lands. The cost of the rig is A$32m and the Company therefore intends to proceed immediately towards a rights issue to raise funds to be applied to the purchase of the rig, the drilling of Habanero 3 and the completion of its production testing programme. The latter is designed to demonstrate the economic feasibility of heat extraction for the generation of zero emission power. Full details of the terms of the rights issue will be provided in due course..... - Web Site
Yellow Rock Resources Listing - Web Site
Letter to shareholders - option entitlement issue - Web Site
$5.5 million Nickel JV - Minara Resources - Web Site
LSG ann: Lion makes further investment in Havilah - Web Site
Company Request for Trading Halt - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Completion of 2006 Drill Program - Web Site
Becoming a substantial holder - Web Site
Uranium Joint Venture and Exploration Update - Web Site
Placement - Web Site
RIU Explorers Conference Presentation - Web Site
Acreage Update - Web Site
Resignation of Chief Executive Officer - Web Site
Full Year Audit Review - Web Site
Linc Energy and local Aboriginal parties enter into a CHMP - Web Site
Lion Makes Further Investment in Havilah Resources
Lion is pleased to announce that it has today taken up its full entitlement of $1.8 million in Havilah Resources NL (Havilah) non-renounceable rights issue.
Havilah announced a 1:10 non-renounceable rights issue on 22 January 2007 to raise $9.44 million. Havilah will direct the majority of these funds to the development of a trial mining open pit gold mine at its Portia gold project and the initiation of a feasibility study at the Kalkaroo copper-gold project. - Web Site
Santa Rita Update - Excellent Deeps Results Extend South - Web Site
Investor Presentation 20 February 2007 - Web Site
Audio Broadcast - NORNICO Drilling starts - Web Site
Appendix 3B - Web Site
Lodgement of Mining Right Application - Web Site
Northern Star Signs Agreement Uranium Agreement with U3O8 - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
WTN ann: JV Agreement For Jillary Uranium Project - Web Site
Pro rata options issue - Web Site
Marketing Update - Web Site
Audio Broadcast - Web Site
RIU Explorers Conference Presentation - Web Site
Rio Tinto plc share transaction 19Feb07 - Web Site
Media Release - Half Year Results - Web Site
Half Year Accounts - Web Site
Southern Uranium Cornerstone Agreement and Prospectus - Web Site
Appendix 3B - Web Site
Preliminary Final Report - Web Site
Extension of Closing Date under Cleansing Prospectus - Web Site
Preliminary Final Results Investor Briefing 23 Feb 2007 - Web Site
HARRIET JOINT VENTURE PRODUCTION UPDATE
West Cycad Oil Field
The West Cycad-2 well has now been completed and hooked up to existing production facilities. Initial production has been excellent with instantaneous flow rates achieved of over 15,000 bopd. The West Cycad Oil Field is a further example of using existing infrastructure to rapidly develop successful exploration efforts.
The West Cycad field was discovered in November 2006 and is now on production at minimal additional cost.
Initial productivity results from this well are very encouraging and well above prognosis. Currently the well is constrained to 6,000 bopd for reservoir maintenance purposes and is producing water free.
Bambra Oil and Gas Field
The Bambra field, developed in 2005, is now in full oil production phase after having depleted the gas cap. Oil rates from the single Bambra-7H well have continued to increase and are now around 4,000 bopd. The HJV is also considering an additional Bambra well to accelerate depletion of this field.
Lee-3 and Doric-2
Recently developed gas wells Lee-3 and Doric-2 are both on-line and performing to expectations.
The increased oil production from the West Cycad and Bambra fields and associated condensates from the recently developed gas fields has reversed the recent decline in the HJV liquids production, with current total rates now in excess of 15,000 bopd (1,850 bopd net to Tap).- Web Site
Notice in terms of Section 708A of the Corporations Act - Web Site
Change of Director's Interest Notice - Web Site
$8.5 Million Lead/Zinc/Silver Agreement with Zinifex - Web Site
Rozna Uranium Mine Press Conference - Web Site
Appendix 3B: Bonus Options Exercised - Web Site
Kylylahti Deposit Still Going Strong at Depth - Web Site
Company Secretary Appointment - Web Site
Exploration Update Rover Project
Concise Financial Report - Web Site
2006 Annual Results Briefing - Web Site
Woodside reports record net profit of A$1427.0 million - Web Site
Woodside Reserves Statement - 31 December 2006 - Web Site
Preliminary Final Report - Web Site
16 Uranium Anomalies Identified at Woggaginna - Web Site
|
Tuesday 20 February 2007 (Close of Business - New York)
|
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| All Ords | 5969.4 | +0.1 | Dow Jones | 12,786.64 | +19.07 | |||
| ASX100 | 4843.3 | +0.1 | S&P 500 | 1459.68 | +4.14 | |||
| ASX200 | 5989.7 | -0.4 | Nasdaq | 2513.04 | +16.73 | |||
| ASX300 | 5999.3 | -0.2 | NYSE Volume | 2,336,201,000 | ||||
| Materials (Sector) | 11,579.5 | +109.8 | US 10-Year Bond | 4.680% | -0.010 | |||
| All Ords Gold (Sub Industry) | 4537.1 | +6.6 | Gold - spot/oz | US$657.50 | -11.00 | |||
| Metals & Mining (Industry) | 3874.2 | +36.3 | Silver - spot/oz | US$13.81 | -0.14 | |||
| Energy (Sector) | 12,706.5 | -31.2 | Platinum - spot | US$1210.00 | +8.00 | |||
| AGC Macquarie Au | 4971 | -5.2 | Palladium - spot | US$336.00 | -1.00 | |||
| Hartleys Explorers Index | 15,486 | na | Uranium - spot US$/lb | US75.00 | unch | |||
| Shanghai Composite | 2998.5 | closed | Bridge CRB Futures Index | 399.67 | -2.71 | |||
| Hang Seng | 20,567.9 | closed | Light Crude (NYM - $US per bbl.) | US$58.07 | -0.43 | |||
| Nikkei | 17,939.1 | -1.0 | Natural Gas (NYM - $US/mmbtu) | US$7.62 | +0.08 | |||
| India BSE 30 | 14,253.4 | -149.5 | Copper (LME - spot $US/tonne) | 5780 | -130 | |||
| FTSE 100 | 6412.3 | -32.1 | Lead (LME - spot $US/tonne) | 1838 | -8 | |||
| German DAX | 6982.9 | -4.2 | Zinc (LME - spot $US/tonne) | 3287 | -91 | |||
| A$ = US78.63 | -0.02 | Nickel (LME - spot $US/tonne) | 42,950 | +1,300 | ||||
| A$ = 94.34yen | +0.26 | Aluminium (LME - spot $US/tonne) | 2781 | -57 | ||||
| A$ = 0.598Euro | unch | Tin (LME - spot $US/tonne) | 13,515 | +240 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street managed a moderate advance in an uneven session Tuesday after a drop in oil prices (on forecasts of warmer weather in the US) and encouraging comments from a Federal Reserve official allowed investors to shrug off disappointment over Home Depot Inc.'s declining sales. The Dow Jones industrials set another closing high.
Advancing issues outnumbered decliners by about 5 to 3, on marginally lower volume, on the New York Stock Exchange.
Copper prices in New York fell the most in two weeks on speculation that global mine output will exceed demand for the metal used in pipes and wires.
Aluminum fell for a fourth straight trading session in London after inventories increased and a producer of bauxite, the raw material used to make the light metal, resumed output in Guinea.
Nickel rose to a record in London on speculation that supply may lag behind demand after stockpiles fell for the first day in 10. Tin gained to a 17-year high and lead traded at its highest ever for a second day.
Gold fell the most in six weeks in New York due mainly to a rising US dollar and falling oil prices.
Cibaliung Gold Project update
Site Development and Erection of Gold Processing Plant
The Board has resolved to put all major works on site on hold for the time being in order to conserve cash while both funding arrangements and the approach to the development of the decline are finalised.
Erection of the gold processing plant to date had been undertaken by PT Petrosea. This work is approximately 80% complete. PT Petrosea have now demobilised from site as requested. SAG Mill installation has commenced and bearing plates have been installed. Foundations for the crusher are also 80% complete. Work will resume once appropriate funding has been resolved.
Decline Development
The Decline Development Contract has been terminated. The decline contractor is in the process of extracting its roadheader from the decline and will demobilise from site at its own cost. It is anticipated that the roadheader may be completely removed by the end of February, following which the Company will be able to resume development from this face if this is considered to be the most appropriate manner to continue mine development.
The Company's primary technical objective is to develop an appropriate mining plan which will achieve access to the ore bodies at the earliest opportunity. Discussions are well advanced with an alternate contractor who has been on site and completed drill and blast testing.
Funding
The project has experienced significant cost pressure, primarily associated capital costs increases and with the difficulties encountered in the development of the decline.
As previously advised, the Company has fully drawn the original ANZ primary debt facility of US$26 million and ANZ has provided an offer for an additional debt facility in the amount of US$5 million. The Company must restructure the existing hedging arrangements with ANZ and contribute equity funds before this additional US$5 million will become available to complete the project development.
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, as previously advised, will need to raise additional equity potentially in excess of US$20 million to complete the development of the project. In this regard, the Company has appointed Austock Corporate Finance Limited which is advancing discussions with a cornerstone investor. These discussions have progressed but not to the point that definitive details, including timing of their resolution can be released to the market. The financing needs to be completed before substantive work on the project can recommence.
Furthermore the Board believes that it is in the interests of the Company and its shareholders to also explore a range of corporate alternatives in order to ensure the timely completion of the project. These alternatives include discussions with other parties at a corporate and project level. These discussions are ongoing. The Company has appointed Gryphon Partners to assist it in this respect.
- Web Site
Trading Halt - Web Site
Proposed Issue of Performance Based Options - Web Site
Company's Request for Trading Halt - Web Site
Change in substantial holding - Web Site
Becoming a substantial holder from MBL - Web Site
Appendix 3B - Web Site
Suspension from Official Quotation - Web Site
Response to ASX Query re: Share Price
Change in substantial holding - Web Site
Change of Director's Interest Notice - Web Site
Escrow Period - Web Site
Statement on Commitments based on Actual Funds Raised - Web Site
Statement- Financial Statement based on Actual Funds Raised - Web Site
Top 20 shareholders - Web Site
Pre-Quotation Disclosure - Web Site
Distribution Schedule - Web Site
Pre-Quotation Disclosure - Web Site
Appendix 1A - Application for admission to official list - Web Site
ASX Circular: Commencement of Official Quotation - Web Site
Constitution - Web Site
Phil's Creek Project - Update - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder - Web Site
Uranium Rights Transferred to Uranium Australia - Web Site
Appendix 3B & Issue Disclosure Notice - Web Site
SANTA RITA UPDATE- EXCELLENT DEEPS RESULTS EXTEND SOUTH - Highlights
Tui-2H Drilling Update
New Zealand Oil & Gas Ltd ("NZOG") reports as at 0600 hours today, the rig was finalising work on Tui-2H and preparing to relocate to the Tui-3H well. During the course of the week the Tui-2H well was successfully completed for future production.
The Tui Area Development is located within PMP 38158, in the Taranaki basin, approximately 50 kilometres offshore of the west coast of the North Island of New Zealand. First oil is expected from the development by June 30, 2007, and when fully commissioned, a production rate peaking at 50,000 bopd is anticipated. - Web Site
Change of Director's Interest Notice x4 - Web Site
Appendix 3B - Exercise of Options - Web Site
Tui-2H Drilling Update
Pan Pacific Petroleum N.L. ("PPP") reports as at 0600 hours today, the rig was finalising work on Tui-2H and preparing to relocate to the Tui-3H well. During the course of the week the Tui-2H well was successfully completed for future production.
The Tui Area Development is located within PMP 38158, in the Taranaki basin, approximately 50 kilometres offshore of the west coast of the North Island of New Zealand. First oil is expected from the development by June 30, 2007, and when fully commissioned, a production rate peaking at 50,000 bopd is anticipated. - Web Site
Weekly Drilling Report - Web Site
ACCC to Oppose Santos Proposed Acquisition of QGC - Web Site
REPORT TO SHAREHOLDERS DECEMBER 2006 QUARTER - HIGHLIGHTS
SOUTHERN URANIUM SECURES CORNERSTONE AGREEMENT AND LODGES PROSPECTUS
The Directors of Southern Gold Limited (ASX Code : SAU) and Southern Uranium Limited (Proposed ASX Code : SNU) are pleased to announce Southern Uranium has secured a $4 million Cornerstone Investment Agreement to support the Initial Public Offering (IPO) for which a prospectus was lodged with ASIC yesterday, 19 February 2007..... - Web Site
Disclosure Document - Web Site
Appendix 3B - Web Site
Audio Broadcast - Web Site
Section 708A(5)(e) - Web Site
Audio Broadcast - Web Site
Presentation - RIU Explorers Conference Freemantle - Web Site
Non-Renounceable Entitlement of Options - Web Site
RIU Explorers Conference Presentation - Web Site
Appendix 3B & Section 708A(5) - Web Site
Appendix 3B - Web Site
Notice to Shareholders - Web Site
Company Enters Agreement for Geological Consulting Services - Web Site
First Hole at Kunyit Intercepts Massive Hematite - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
TTR ann: Resource Upgrade At NOA2 Gold Mine - Web Site
Ceasing to be a substantial holder - Web Site
Ortahaza Project - Short term production testing - Web Site
Appendix 3B - Web Site
Share Placement to Raise 2.5 million GBP
We are pleased to advise that the Company has agreed to make a further placement of 8,333,333 shares at 30p to raise 2.5m GBP.
The placement will be made to certain sophisticated and professional London based investors and the funds raised will be applied towards the acquisition of 50% of the Baobab JV, as announced 20 December 2006.
The placement falls outside the Company's capacity under Listing Rule 7.1 and therefore is subject to shareholder approval. Accordingly, the Company will shortly lodge a Notice of Meeting seeking shareholder approval for the above mentioned placement.- Web Site
Gold Intersections at Igloo - Quartz Circle - Web Site
Letter to Option holders advising Options expiry 31 March 07 - Web Site
$15m Capital Raising Program - Web Site
Quinns Lake Uranium Deposit Soil Sample Results - Web Site
RIU 2007 Explorers Conference Presentation - Web Site
Appendix 3B - Web Site
Appendix 3B - exercise of options - Web Site
Clarification of Puffin Reserves Announcement 15 February
Norwest Energy has revised its calculations contained in its previous ASX announcement dated 15th February 2007, with respect to the Puffin Oilfield Reserves update and also clarifies its assumptions. Norwest's release quoted Oil Initially In Place (OIIP) for the NE1 area at 90 million barrels. The actual figure as confirmed by the Operator, AED Oil Limited, for P50 OIIP is 67 million barrels.
Norwest's release quoted an expected ultimate recovery (P50) of 40 million barrels for NE1. (Refer to AED's presentations issued 22nd November 2006 for further details.)
More recently, the Operator issued a range for the OIIP in the NE2 area of 11 to 30 million barrels. In order to establish an estimate of recoverable oil in the area, Norwest used the average of that range of 20.5 million barrels. Norwest has used a conservative recovery factor of 44% to derive potential recoverable reserves of 9 million barrels (range 5 to 13 million barrels) for the NE2.
The table of oil volumes provided in the previous announcement is repeated below in its corrected form and is based on reasonable assumptions which are yet to be confirmed. ......- Web Site
2006 Full Year Results Presentation - 20 February 2007 - Web Site
Chairman's Letter re update on Santos and AGL - Web Site
Appendix 3B - Web Site
Shareholder Share Purchase Plan documents - Web Site
Appendix 3B - Employee Share Option Scheme - Web Site
Appendix 3B: Options Exercised - Web Site
Aquires next major calcrete channel west of Wondinong
Aura Energy Ltd (ASX Code: AEE) has purchased a 100% interest in the Curbaweeda Project, which covers the next calcrete-bearing channel into Lake Austin west of its Wondinong Project near Mt Magnet in Western Australia.
Aura recently completed drilling 335 air core holes at its Wondinong uranium project in December. This initial Wondinong programme has completed testing approximately 15 square kilometres of the main prospective area...... - Web Site
Half Yearly Report & Half Year Accounts - Web Site
AMADEUS ENERGY RESULTS FOR THE HALF YEAR ENDED 31 DECEMBER 2006
PERFORMANCE HIGHLIGHTS
Open Briefing - Amadeus profit and growth outlook - Web Site
Change in substantial holding - Web Site
Sugarloaf-1 Well Testing Program - Lower Hosston Interval Perforated
The first part of the testing program over the lower Hosston interval has been completed by perforating several zones. As per the program design, these zones were not fracture stimulated and no flow of gas was recorded.
As envisaged in the original testing program, the next stage will involve the perforation and fracture stimulation of selected intervals of the upper Hosston sands which are interpreted to have better potential reservoir development as compared to the lower Hosston intervals. The fraccing program is currently scheduled to commence in early March.
Further ASX releases in relation to the Sugarloaf-1 testing program will be made upon any material developments and results from these tests. - Web Site
Change of Director's Interest Notice - Web Site
Tui-2H drilling update
AWE Ltd ("AWE") reports as at 0600 hours today, the rig was finalising work on Tui-2H and preparing to relocate to the Tui-3H well. During the course of the week theTui-2H well was successfully completed for future production.
The Tui Area Development is located within PMP 38158, in the Taranaki basin, approximately 50 kilometres offshore of the west coast of the North Island of New Zealand. First oil is expected from the development by June 30, 2007, and when fully commissioned, a production rate peaking at 50,000 bopd is anticipated. - Web Site
NZO ann: Tui 2-H Drilling Update - Web Site
Becoming a substantial holder - Web Site
BHP Billiton Prices Euro Bonds - Web Site
Off-market Buy-Back booklet & Tender Forms - Web Site
Heron-1 (Block 20) - Drilling Update
The land-drilling rig ZJ50LDB operated by drilling operator GWDC (Great Wall Drilling Company) has continued drilling the CNPCIM operated Heron-1 exploration well in coastal Block 20 onshore Mauritania, West Africa.
As at 2:00 pm (AWST) on the 19 February 2007, the operation was conducting wire-line operations including side wall cores (SWC) from 2655 m to 3900 m having reached Total Depth (TD) of 3900m in the Aptian formation.
The results of the current wire-line logging should be available within the week. A preliminary review of the logs, RFT (pressure data) and SWC data indicates a possible small hydrocarbon zone of a approximately three metres of net pay at around 3650m in very low porosity limestone.
This corresponds to a show on the mud logs.
Following completion of wire-line operations the operator has decided to not run a 5 1/2" inch liner to TD but instead will set a cement bridge at approximately 2300m in preparation for the abandonment of the well below that interval.
The results of Heron-1 and its implication for the prospectivity of Block 20 will be assessed by the Joint Venture and a meeting will be held in early Quarter 2 2007 to agree the forward work programme in the permit.
CNPCIM is a wholly owned subsidiary of CNPC International Limited (CNPCI) and is Operator of Block 20 with 65% interest. Baraka Petroleum's interest in Block 20 is 35%. - Web Site
ORMAL MINING AGREEMENT SIGNED AND FURTHER STRONG RESULTS FROM MARINE MINING
Bonaparte is pleased to advise that we have signed the formal agreement and operations to date have delivered further strong results from our current JO Operations mining off Namibia.
Key points of the announcement attached for your information are:
VPE: Tunkalilla-1 Drilling Report in PEL94 Cooper Basin - Web Site
Drilling Rig Secured for Glen Isla Project - Web Site
Change of Director's Interest Notice x2 - Web Site
Appendix 3B - Web Site
Record half year pre-tax profit of $31.1 million - Web Site
Appendix 3B - Web Site
Half Year Presentation 31 Dec 06 - Web Site
Preliminary Half Year Announcement 31 Dec 06 - Summary
Completion of Sukari Gold Project DFS
BOARD APPROVES DEVELOPMENT OF WORLD CLASS SUKARI GOLD PROJECT
Media Release - South Madura Farm Out. - Web Site
OPERATIONS UPDATE - BEAR RIVER PROJECT, ROUTT COUNTY, COLORADO, USA
MAIN POINTS
Change of Director's Interest Notice - Web Site
Preliminary Final Report - Web Site
Change in substantial holding - Web Site
High Gold Grades Continue at Warrior
Citigold is pleased to announce that diamond-core drill hole CT 693 has returned the best intersection ever, in terms of width and grade, drilled at Warrior. The intersection was 2.97m true width @ 46.1 g/t gold commencing at 165.05m down-hole........ - Web Site
Exciting New Uranium Targets at Minnie Creek - Web Site
Change of Director's Interest Notice - Web Site
Investor Briefing Presentation - Web Site
Equinox Announces Cdn$175M (Aus$192M) Bought Deal Financing - Web Site
Suspension from Official Quotation - Web Site
Farmout of Block 211/18b Leopard Prospect - Web Site
Substantial Copper & Gold Grades Drilled at Kodu Deposit - Web Site
Project Manager Appointed for NiWest Nickel Project - Web Site
Trading Halt - Web Site
Appointment of General Manager Finance - Web Site
Presentation to RIU Explorers Conference - Web Site
Open Briefing - Web Site
IAMGOLD Provides Update on Rosebel Mine
IAMGOLD Corporation ("IAMGOLD" or "the Company") (TSX:IMG)(NYSE:IAG)(ASX:IGD)(BSE:IAMGOLD) is pleased to announce a substantial increase in gold reserves and resources at the Rosebel Gold Mine in Suriname. As of December 31, 2006, proven and probable reserves, net of production increased by 19% from 3.2 to 3.8 million ounces. Measured and indicated resources (including reserves) increased by 24% from 5.1 to 6.3 million ounces. Inferred resources increased by 98% from 2.2 to 4.3 million ounces....... - Web Site
Acquisition of Flexit AB and Flexit Navigation AB - Web Site
Half Yearly Report & Half Year Accounts
REVIEW OF OPERATIONS
Operational Performance
Gold production during the half year was 46,225 ounces, a decrease of 37.6% on the half year to 31 December 2005. This was largely due to lower gold grade of 1.5 g/t gold compared to 2.8 g/t gold in the previous half year. The low gold grade was the result of only two pits operating with flexibility reduced to blend different grade ores. This will persist until the new mining leases are granted.
However, a new mineralised zone immediately west of the H pit within the Chatree mine lease has been identified and this is likely to add to ore production. The gold grade at the recently developed A pit will increase in a few months time and can be explored once the Chatree North mining leases are granted and higher grade sections are reached.
The Company has an excellent safety and environmental record with the milestone 8.5 million manhours worked at Chatree with only one Lost Time Injury (LTI). Chatree remains the safest gold mine in the world, based on Kingsgate's assessment of publicly available data. The world-class safety and environmental record continued with no LTIs at the Chatree mine (or in exploration) during the half year and there were no reportable environmental incidents. The company remains in compliance with its environmental requirements.
Financial Results
Net profit after tax was $3.5 million for the half year compared with $6.5 million in the previous corresponding period, a decrease of 46%. During the period the Company's entire shareholding in Goldstar Resources NL was disposed of and a gain of $9.4 million was realised.
Unit cash costs per ounce increased to US$404 from US$175 per ounce as a result of the lower gold grade mined. Total production costs increased to US$ 479/oz from US$ 279/oz, a reduction of 72%. While spot gold prices increased to an average of US$617/oz during the half year, the cash realized price was US$488/oz, up from US$348/oz, as a result of lower strike prices from hedge commitments. Exploration expenditure in South America of $1.6 million was expensed during the half year.
Cash outflow from operating activities during the half year was $6.5 million with $14.8 million invested in plant, exploration activities and land access. Net cash on hand at 31 December 2006 was $8.6 million.
The Company has fully drawn $23.3 million under its revolving credit facility. The Company has gold hedge commitments outstanding at 31 December 2006 of 38,663 ounces, with a negative mark to market valuation of A$15.7 million.
Selldown/Divestment
Kingsgate successfully fulfilled its Thai ownership obligations on 23 November 2006 for its Thai subsidiary, Akara Mining Limited, as required by the Thai Board of Investment ("BOI") through the issue of new shares in Akara to Thai interests, namely Empire Asia Co. Ltd ("Thai Interest"). This represents the first part of a two step process to ensure Akara and its shareholders 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 the Company's Thai operating interests on the Stock - Web Site
Uranium ground acquired at Melrose - Web Site
Half Year Accounts - Web Site
Change in substantial holding - Web Site
Mincor Delivers Record Half Year Profit - Record $37.2M - Web Site
Appendix 3B x2 - Escrow Shares & Options - Web Site
Notice of General Meeting - Web Site
NORTHERN STAR SIGNS AGREEMENT WITH U3O8 TO ACCELERATE URANIUM EXPLORATION ON ITS EAST KIMBERLEY PROJECTS
Northern Star Resources is pleased to announce that they have signed an agreement with dedicated Uranium explorer U3O8 covering the uranium rights on its Wilson River Group tenements.
Northern Star believes the combination of uranium expertise, accelerated expenditure, and synergies with the U3O8 existing portfolio will provide a positive platform to realise the potential of the tenements...... - Web Site
Ceasing to be a substantial holder - Web Site
Preliminary Final Report - Web Site
Open Briefing: Pan Australian Project & Exploration Progress - Web Site
Encouraging Results from Recent Drilling at Poondano - Web Site
Appendix 3B - Web Site
Federal Government Media Release
$5M GEOTHERMAL ENERGY PROJECT IN SA
The Australian Government will provide a $5 million grant to an innovative new geothermal energy project in the Flinders Ranges in South Australia. Resources Minister, Ian Macfarlane, and Environment and Water Resources Minister, Malcolm Turnbull, today announced the grant to Petratherm Ltd through the Howard Government's Renewable Energy Development Initiative.
The grant will enable the energy exploration company, Petratherm, to further develop its ground-breaking approach of using geothermal energy at its Paralana site in the Flinders Ranges. The project will create more than 200 jobs in its initial stage.
Mr Macfarlane said the new technique, known as ‘Heat Exchanger Within Insulator', is a creative departure from existing approaches. Heat is collected from hot sedimentary rock layers at shallower depths of 3-4 kms, rather than harder granites at much greater depths...... - Web Site
$5 million Federal grant offer for Petratherm's Paralana Project in SA
Petratherm Ltd is delighted to announce that it has been offered a $5 million Renewable Energy Development Initiative (REDI) Grant by the Commonwealth Government. The $5 million REDI grant offer was made to Petratherm in a joint announcement by the Hon Ian Macfarlane, Minister for Industry, Tourism and Resources and the Hon Malcolm Turnbull, Minister for the Environment and Water Resources....... - Web Site
New Copper Pipe Discovery at Punchbowl - Web Site
Notice pursuant to Section 708A of Corporations Act - Web Site
Rio Tinto plc Share Transaction 16/02/07 - Web Site
Appointment of CFO
The Company is pleased to announce the appointment of Mr Kevin Grice as the Company's Chief Financial Officer, commencing 1 March 2007.
Mr Grice is an executive with over 20 years experience in senior financial roles with mining and manufacturing companies and is experienced in strategic planning, analysis and negotiation of mergers and acquisitions, management accounting, and public company accounting and reporting. He has also held senior general management roles and has led a number of profitability turnarounds.
He is currently General Manager Finance and Chief Financial Officer for gold miner Highlands Pacific Limited where he recently managed the successful restructuring of Highlands' gold hedging facilities. Prior to this he was CFO for coal miner, Ensham Resources and has held other senior positions with Australian Hardboards, Boral and BHP.- Web Site
Resource Drilling at Lake Disappointment - Web Site
Sylvania Signs Contract - Web Site
Notice of Annual General Meeting - Web Site
Shaw River Completes First Drilling Program - Web Site
Becoming a substantial holder - Web Site
Change in & Ceasing to be a substantial holder - Web Site
Sulphide Mineralisation at Wonmunna - Web Site
Submission of proposal to Czech Republic/Placement - Web Site
Watershed Drilling Hits Major High Grade Western Extension - Web Site
Change in substantial holding - Web Site
Woss Settlement
Drilling Program - Marenica Uranium Project - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Drilling shows potential high grade Nickel at Diggers South - Web Site
Wolfden Announcement - Web Site
|
Monday 19 February 2007 (Close of Business - New York)
|
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| All Ords | 5969.3 | +33.8 | Dow Jones | 12,767.57 | closed | |||
| ASX100 | 4843.2 | +29.1 | S&P 500 | 1455.54 | closed | |||
| ASX200 | 5990.1 | +36.4 | Nasdaq | 2496.31 | closed | |||
| ASX300 | 5999.5 | +36.1 | NYSE Volume | 2,353,461,000 | ||||
| Materials (Sector) | 11,469.7 | +59.9 | US 10-Year Bond | 4.690% | closed | |||
| All Ords Gold (Sub Industry) | 4530.5 | +32.3 | Gold - spot/oz | US$669.90 | +1.40 | |||
| Metals & Mining (Industry) | 3837.9 | +19.1 | Silver - spot/oz | US$13.95 | unch | |||
| Energy (Sector) | 12,737.7 | +166.5 | Platinum - spot | US$1214.00 | +12.00 | |||
| AGC Macquarie Au | 4976 | +34.5 | Palladium - spot | US$338.00 | +1.00 | |||
| Hartleys Explorers Index | 15,486 | na | Uranium - spot US$/lb | US75.00 | unch | |||
| Shanghai Composite | 2998.5 | closed | Bridge CRB Futures Index | 402.38 | closed | |||
| Hang Seng | 20,567.9 | closed | Light Crude (NYM - $US per bbl.) | US$58.50 | -0.89 | |||
| Nikkei | 17,940.1 | +64.4 | Natural Gas (NYM - $US/mmbtu) | US$7.53 | closed | |||
| India BSE 30 | 14,402.9 | +47.4 | Copper (LME - spot $US/tonne) | 5780 | -27 | |||
| FTSE 100 | 6444.4 | +24.9 | Lead (LME - spot $US/tonne) | 1846 | +9 | |||
| German DAX | 6987.1 | +30.0 | Zinc (LME - spot $US/tonne) | 3378 | +8 | |||
| A$ = US78.65 | -0.05 | Nickel (LME - spot $US/tonne) | 41,650 | unch | ||||
| A$ = 94.08yen | +0.11 | Aluminium (LME - spot $US/tonne) | 2838 | -24 | ||||
| A$ = 0.598Euro | -0.001 | Tin (LME - spot $US/tonne) | 13,275 | +85 | ||||
| Click on Links to Access Charts | ||||||||
The markets was closed Monday for Presidents Day.
The Chinese New Year started Sunday - the Year of the Golden Pig. China and Taiwan are closed for the entire week while Hong Kong and Singapore will be closed Monday & Tuesday.
In the UK the leading share index (FTSE 100) scored a six-year closing high on Monday as European markets gained from mergers and acquisition talk and as miners jumped on a bullish outlook for copper (expectations that copper prices would rise as China replenishes its stocks next week after the Chinese New Year holidays).
Trading volumes were low on Monday, with U.S. markets closed for a holiday and many Asian markets also closed.
Crude oil fell on speculation U.S. fuel inventories are sufficient to meet heating demand in the world's largest energy consumer as the end of winter approaches.
Russia, the world's largest oil producer after Saudi Arabia, cut its forecast for crude prices this year and next, Deputy Finance Minister Tatiana Golikova told parliament today, according to local news services. The ministry cut its forecast for 2007 to $55 a barrel from $61 a barrel and the 2008 estimate to $53 a barrel from $56, RIA Novosti and Interfax cited Golikova as saying.
Lead eased in London, reversing earlier gains that took the metal to a record.
Gold rose to a seven-month high in London on speculation that the US dollar will weaken.
In Australia, the cost of producing coking coal, a key raw material for steelmaking, may drop for the first time in five years because of falling royalty payments and increased operating efficiency, according to AME Mineral Economics. According to the analyst costs will decline by about 2 percent in Australia, the world's biggest exporter, pushing it ahead of Russia as the cheapest producer of coking coal into the European market.
Update Corporate Profile - Web Site
Spudding of Puffin-8 - Web Site
Becoming a substantial holder for RHI - Web Site
Change in substantial holding - Web Site
To Proceed with Detailed Evaluation of Itogon Mineral Prop. - Web Site
Change of Director's Interest Notice x 6 - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Int. Noticex2 &Final Director's Int. Not. - Web Site
2006 Financial Statements
Preliminary Final Report & Full Year Accounts
Change of Director's Interest Notice - Web Site
Short Form Disclosure Document - Web Site
Trading Halt - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder - Web Site
Company's Request for Trading Halt - Web Site
Trading Halt - Web Site
Roadshow Presentation - Web Site
Multi Well Drilling Campaign starts - Web Site
Monthly Consolidated Statement of Cash Flows-Jan 07
Appendix 3B - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Release from Escrow - Web Site
Appendix 3B - Web Site
Open Briefing.Wesfarmers.MD on Profit & Outlook - Web Site
Initial Director's Interest Notice x 5 - Web Site
Kihabe Zinc Project, Botswana
(Mount Burgess Mining N.L. 100%)
Diamond Core Drilling Update
Four diamond drill holes totaling 615m, out of an estimated total of 2,000m, have now been completed at the Company's Kihabe zinc project in Botswana. All four holes have intersected significant zones of zinc (sphalerite) and lead (galena) sulphide mineralization.
The core from these drill holes is currently being logged for the purpose of structural interpretation and the confirmation of resource modelling and will shortly be submitted for assaying and metallurgical test work.
Resource Estimation Update
Results from some 600 recheck assays which have been submitted to the laboratory are still pending. Upon receipt of these results an initial resource estimate covering some 2.1 km of strike of the Kihabe zone of zinc, lead, silver, copper and vanadium mineralisation will be able to be compiled.
Further RC drilling is planned to test the potential to increase the strike length of the mineralised zone by an additional 300m and to conduct infill drilling where required.
- Web Site
Appendix 3B: Share Purchase Plan - Web Site
Drilling update - St Gabriel 1 & Yorketown prospect - Web Site
Appendix 3B - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Initial Director's Interest Notice - Web Site
Appendix 3B - Web Site
Change of Company Name - Web Site
Extension of Prospectus Closing Date/Cooper Basin Update - Web Site
High Island Well Spuds in Gulf of Mexico - Web Site
Completion of Seed Placement and Restructure - Web Site
Exploration Update - Web Site
Appointment of MD & Mincor Golden Rim JV Exploration Update - Web Site
Appendix 3B - Web Site
Reinstatement to Official Quotation - Web Site
InterMet Resources Limited (ASX:ITT) has announced that it has been awarded a 1,000km2 Exploration License which secures the major part of the Wanilla Palaeochannel in which anomalous uranium has been recorded.
Hillgrove Resources Limited (ASX:HGO) is a 31% shareholder in ITT. - Web Site
Letter to Shareholders re Magnetic Resources NL
Image's wholly owned subsidiary, Magnetic Resources NL, lodged its initial public offering prospectus on 16 February. Given the expressions of interest Image has received in relation to the offer, it anticipated it will be heavily over subscribed.......
Image will retain a significant shareholding in Magnetic post listing and Image shareholders as at 26 February 2007 will receive bonus fully paid and partly paid shares in Magnetic........ - Web Site
Investor Update - Wilson River Drill Programme (Tasmania) - Web Site
Zinc/Lead sulphides logged at Wilson River-Tasmania
The Board of Jaguar Minerals Limited (ASX code: JAG) is pleased to announce that the current drill programme at Wilson River is continuing to generate encouraging sulphide intersections interpreted to be associated with zinc, lead and possibly copper mineralisation.
Results from the initial drilling campaign at Jaguar's 100% owned Wilson River project in March 2006 demonstrated several intersections of significant zinc/lead occurrences. Follow up drilling in progress, continues to be encouraging, with recent holes intersecting disseminated sulphides over true widths of up to 19m.
In the December quarterly Jaguar reported encouraging core logging results demonstrating sulphide mineralisation in holes WRD05 and WRD06 which were drilled 1,000m north of Jaguar's discovery hole WRD03 (Figure 1). Recent holes WRD07 and WRD08 have been drilled to test the down-dip extension of the mineralisation hit by WRD03.
First pass drill core inspection of WRD07 and WRD08 suggests an extensive zone of zinc and lead sulphides and possibly copper sulphide at percentages ranging predominantly between 0.5% to 10% with one zone in particular of WRD08 visually estimated at 24% sulphides over 3.5m (Figure 1). It also appears from the drill logs of WRD04, WRD07, and WRD08 that within this section the zone of mineralisation increases in width with depth (Figure 2).
At this stage the economic significance of these holes can not yet be determined until assay results are returned (note sulphide percentages do not directly relate to base metal content and should not be interpreted as indicative of final assay grades), but in relation to the geological model, these 2 holes add considerable weight to the style and extent of the potential mineralisation in this area...... - Web Site
Disclosure Document - Web Site
Notice of General Meeting - Web Site
Drilling & Operations/Project Update - Web Site
Start NORNICO Drilling Programmes - Web Site
Thunder Bay North - Drilling Update - Web Site
Exploration Update - Web Site
Appendix 3B - Exercise of Options & Section 708A Notice - Web Site
New Portman Executive Announced
Portman Limited today announced the appointment of Mr Duncan Price in the role of Chief Operating Officer.
Mr Price formerly held the position of Managing Director at Rio Tinto's Hismelt Corporation for a period of ten years. He will report to Richard Mehan (formerly MD of Portman), who was recently appointed President & CEO of Cleveland-Cliffs's new business development unit - Cleveland-Cliffs Asia Pacific Pty Limited.
Richard Mehan said "Portman were delighted that someone of Duncan's ability, drive and experience was joining the group". Duncan will have full operational responsibility for Portman's iron ore business. - Web Site
Appendix 3B - Exercised Options - Web Site
High - Grade Gold and Base Metals Encountered on Cambodian Tenements - HIGHLIGHTS
Drilling Update for Doolgunna WA - Web Site
OEQ: OEQ and SRK Uranium Assets Spin-Off into Alara Uranium - Web Site
Notice to Optionholders re Uranium Assets Spin-Off Terms - Web Site
TAP LED CONSORTIUM AWARDED NEW BASS BASIN BLOCK
Tap Oil Limited ("Tap") advises that it has been awarded T06-3 in the Bass Basin, in conjunction with Joint Venture Partners; Jubilant Energy Ltd ("Jubilant") and Singapore Petroleum Company Ltd, ("SPC").
Location:
T06-3 is located in the northern part of Bass Basin between the Tasmanian and Victorian mainland and covers an area of 2,890km2. T06-3 contains the existing Cormorant oil and condensate discovery and lies approximately 20km north of the Yolla gas-condensate discovery.
The work programme comprises initial seismic acquisition followed by two wells.
Tap Comment:
We are delighted with the successful acquisition of T06-3 which we see as having significant hydrocarbon potential. Whilst investigating the Cormorant field, the joint venture will also progress the acquisition of new seismic to identify additional structures, with a view to drilling in the subsequent year.
This is the first venture for Tap with SPC and Jubilant and we are looking to forward to working with our new partners on this and future opportunities. - Web Site
Indicated Resource Estimate at Jugan Gold Deposit - Web Site
Drilling resumes at Goldfinger Zinc Prospect - Web Site
Alcoa Form 8-K Filed February 16 - Web Site
Agreement on Uranium Joint Venture - Web Site
Updated Presentation - Web Site
Change in substantial holding - Web Site
Change of Director's Interest Notice x3 - Web Site
Key Infrastructure & Equipment secured for Munali Project - Web Site
Amended Daily Share Buy-Back Notice - Web Site
Large International Manufacturer chooses AM-lite - Web Site
Update on Sylvania Uranium Survey - Web Site
Market Update
Australasian Resources Ltd is pleased to announce a resource upgrade at the Susan Palmer deposit within its Balmoral South project to 1.11 billion tonnes.
The upgrade of the resource estimate is a key milestone for Australasian. No further extensional drilling is required and, based on current indications, the 1 billion tonne mineable reserve target will most likely be achieved from this already defined resource.
An increase to the ore reserve estimate is being completed and this will further underwrite the technical and financial viability of the project.
The resource estimate has been updated on the back of the results of geological interpretation based on geological logging of 31 drill holes, modelling of the Banded Iron Formation (BIF), geophysical surveys (gamma and magnetic susceptibility), chemical assay and Davis Tube Recovery test results. - Web Site
Results of General Meeting - Web Site
TRIDENT UNDERGROUND DEVELOPMENT COMMENCES
Avoca Resources Limited (Avoca) is pleased to announce that it has commenced development toward its high grade 800,000 ounce Trident Gold Deposit (Trident) following receipt of relevant statutory approvals from the Department of Industry and Resources (DoIR) and the Department of Consumer and Employment Protection (DoCEP). Trident forms the dominant ore source to Avoca's 1.1million ounce Higginsville Gold Project located south of Kalgoorlie, in Western Australia.
The commencement of underground development coincides with the completion of a four month rehabilitation of the existing Poseidon South decline, which included dewatering and bolting and meshing the underground decline down to the fourth level. Several ore drives have also been rehabilitated providing Avoca's geologists with access to the historic workings to investigate potential new stoping opportunities as well as establishing new underground drilling platforms.
The development work is initially being carried out by mining contractor Australian Contract Mining Pty Ltd (ACM) who also carried out the rehabilitation work. The Company currently has the Life of Mine development work out to tender to eight mining contractor companies. It is anticipated Avoca will announce the successful tender in late April.
Initial key development milestones will be the establishment of a 4m diameter ventilation shaft, scheduled for the March quarter followed by the first development ore, anticipated to be mined mid-year. - Web Site
Appendix 3B - Web Site
BHP Billiton Prices Euro Bonds
BHP Billiton announced today that it has priced EUR600 million of 4.375% Euro Bonds due February 2014 and EUR600 million of 18 month Floating Rate Notes due August 2008. - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
End of Escrow Period - Web Site
Carrick Gold to bid for Shannon Resources
Carrick Gold Limited (CRK) has determined to make an off-market bid for all shares and options in Shannon Resources Limited (SHA).
Shareholders of Shannon Resources will be offered 10 cents for each fully paid share and 1 fully paid Carrick Gold share for every 2 shares held in Shannon Resources. In addition, holders of 20 cent options in Shannon Resources will be offered 1 fully paid Carrick Gold share for every 2 options.
The offer to shareholders of Shannon Resources reflects a premium of approximately 20 per cent to the volume weighted average price for shares in Shannon Resources in the 30 trading days prior to 16 February 2006 and the volume weighted average price for Carrick Gold shares in the same period.
The proposed offers are subject to a number of conditions. Full details of the offer conditions are set out in Annexure A to this letter.
Mr Frank Carr, the Executive Chairman of Carrick Gold and also the Chairman and largest shareholder of Shannon Resources, holding approximately 40 per cent of the issued capital of Shannon Resources, has indicated that he will accept the offer from Carrick Gold in the absence of a higher bid from any other party.
Carrick Gold is in the process of preparing a formal bidder's statement and will lodge that document with the Australian Securities Exchange and Australian Securities and Investments Commission shortly.
RATIONALE FOR THE OFFER
The extremely promising assay results received from drill programmes conducted since July 2006 on the Shannon Resources tenements and their proximity to the Carrick Gold tenements and resource (Figure 1) have convinced the Directors that the enormous potential of each set of tenements and consequent return for shareholders can best be maximised by the joint development of both. Such a strategy will provide economies in drill programme planning, administration, and, ultimately, extraction. The respective locations of the two Companys' tenements also lend themselves to the establishment of a joint and centrally-located processing facility in due course....... - Web Site
LNG Update - Web Site
Signs Nickel Offtake Agreement & Installs Second Ball Mill - Web Site
Appendix 3B - issue and application for listing of shares - Web Site
Tubal Cain Geological Model Upgrade - Web Site
Trading Halt - Web Site
Glengarry to commence work on uranium targets
Glengarry Resources Limited is pleased to announce that exploration will shortly commence on uranium targets on the Company's wholly owned projects in Queensland, Northern Territory and Western Australia. The initial focus will be on the Snake Creek and Cannington Projects located in the Mt Isa region of western Queensland where recently acquired regional, radiometric data has defined strong uranium anomalies. Both Projects are located in the Eastern Fold Belt of the Mt Isa Province which is the same geological sequence that hosts the Mary Kathleen uranium mine (Figure 1). There has been no systematic exploration for uranium on the Projects and Glengarry has prepared aprogram of follow up prospecting, ground scintillometer surveys and soil sampling which should commence in March 2007.
Glengarry is committed to building up its uranium portfolio which also includes the Citadel Project in northwest Western Australia and the Rum Jungle Project in the Northern Territory. The projects, all of which are located in regions that host major uranium deposits, are highly prospective and the Company is targeting stand alone deposits.
The recent divestment of the Company's Greenvale uranium assets in North Queensland resulted after areview indicated lesser potential for stand alone uranium deposits and that more value could be obtained by a sale to TSX-listed Mega Uranium. Mega controls most of the uranium rights in this region of North Queensland including ownership of the Ben Lomond and Maureen uranium deposits. Glengarry's ownership of a significant number of shares in Mega ensures that it will benefit from the future development of uranium deposits in North Queensland while allowing the Company to focus on exploration for stand alone deposits elsewhere in Australia...... - Web Site
Response to ASX Share Price Query - Web Site
Change of Director's Interest Notice - Web Site
Company Request for Trading Halt - Web Site
Change in substantial holding - Web Site
Joint Venture Update - Production Hedging Program - Web Site
New Uranium Tenement Granted to InterMet Resources
InterMet Resources Limited (InterMet) (ASX:ITT) is pleased to announce the granting of EL 3702 (Wanilla) on Wednesday 14 February 2007. The EL comprises 1,000 km2 and contains the Wanilla Palaeochannel, a major Tertiary palaeochannel with excellent potential for uranium potential as it drains uraniferous granites on the eastern Eyre Peninsula. This tenement is also prospective for Proterozoic base metals associated with the Hutchinson Group metasediments and BIF hosted gold mineralisation......- Web Site
Trading Halt - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B: Application for Quotation of 10 million shares - Web Site
CSIRO Epenarra Gas Quality Study Results - Web Site
Senior Management Appointment - Web Site
Company's request for Trading Halt - Web Site
Trading Halt - Web Site
High Grade Drill Results - Leonora
Weekly Operations Update - Cambay Field Testing - Web Site
NOD: Contract Awards - Web Site
Underwritten rights issue to raise $1.65m
aradigm announced today that it is raising approximately $1.65 million by way of a fully underwritten, non-renounceable rights issue. Shareholders will be able to acquire, for 15 cents, 1 new share for every 4 existing shares held. For each share subscribed for, investors will receive 1 free option exercisable at 25 cents on or before 18 May 2008. These options will have identical terms to the current options on issue (PDMO) and ASX quotation will be sought for all these shares and options.
The issue is fully underwritten by Far East Capital Ltd which, within 2 weeks after the closing date of the issue and in consultation with the Company, has the discretion to place up to a further 5.5 million shares and 5.5 million options on the same terms as the issue.
The Record Date, the date to identify shareholders entitled to participate in the offer, is 27 February 2007. Current shareholders and optionholders will receive in writing a copy of the attached notice over the next few days. A Prospectus will be posted out to shareholders on or about 5 March 2007.
The bulk of the funds will be used to advance the Company's uranium and tungsten exploration prospects. Web Site
Rights Issue Prospectus - Web Site
Oxiana Drilling Commences - Web Site
Placement Offer Closed Substantially Oversubscribed - Web Site
Change of Director's Interest Notice - Web Site
Further Strong Drill Results for Rox in Laos - Web Site
Appendix 3B - Web Site
Notice of General Meeting - Web Site
Appendix 3B - Web Site
Harstad #1-15H Completes Operations - Web Site
Company Secretary Resignation - Web Site
Appointment of director - Web Site
US$14.1m Facility - Web Site
Change in substantial holding - Web Site
Drilling Golden Gate Uranium Prospect At Wilcherry Hill - Web Site
Tunkalilla-1 Drilling Report in PEL 94, Cooper Basin South Australia
Summary:
Victoria Petroleum N.L. has been advised by Beach Petroleum Limited, the Operator for PEL 94 and the Tunkalilla-1 exploration well, that the well has reached its total depth of 1422 metres and the current operation is preparing to plug and abandon. - Web Site
East Musgrave Project - Completion of JV Agreement - Web Site
Letter to LKO shareholders: SPP Correction - Web Site
Half Year Accounts - Web Site
Section 708A Notice - Web Site
Outcome of Meeting - Web Site
ORG: Eremia 7 Oil Appraisal Well Update - Web Site
ASX Circular: Arafura Resources - Reorganisation of Capital - Web Site
Recommended merger with LSG - Court Approval - Web Site
Blair Development Programme Update - Web Site
Change of Director's Interest Notice x5 - Web Site
Securities to be released from Escrow - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B: Exercise of Listed Options - Web Site
Prospectus Despatch - Web Site
VPE: Tunkalilla-1 Progress Report in PEL 94 Cooper Basin - Web Site
INL: Hellyer Zinc ConcentrateProj.: Bass Metals Announcement - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Change in substantial holding for PRU - Web Site
Appendix 3B: Exercise of Employee Options - Web Site
STX: Weekly Operations Update - Web Site
Becoming a substantial holder for ELL - Web Site
Appendix 3B - Web Site
CAP Cancellation: CRL ann. should be under COI - Web Site
Half Year Accounts - Web Site
Final Director's Interest Notice - Web Site
New Staff Appointment - Web Site
Drilling and Assay Results for Wilgerup Hematite Deposit - Web Site
Release from Escrow - Web Site
STRONG DEMAND FOR CAPITAL RAISING
De Grey is pleased to announce the completion of a placement of 26.8 million new shares at an issue price of 12.5 cents to sophisticated and professional investors adding $3.35 million (less costs) to the Company's working capital position.
The issue will allow De Grey to enter the next phase of activity at the company's 1,200 square kilometre Turner River Project where De Grey has recently been successful with the discovery of a new Volcanogenic Massive Sulphide (VMS) belt. De Grey has access to over 75 kilometres of rocks prospective for VMS mineralisation and has already identified a number of prospects containing Zinc, Silver, Lead and Gold mineralisation.... - Web Site
RIU Explorers 2007 Presentation - Web Site
Information sheets released on DAguilar projects - Web Site
Trading Halt - Web Site
Audio Broadcast - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Bonikro Royalty Termination Agreement - Web Site
Signs 5-Year Off-Take with New Chambishi Smelter - Web Site
Initial Director's Interest Notice - Web Site
Trading Halt - Web Site
Issue of Shares to underwriters/Rights Issue
Changes to Company Secretary - Web Site
Change of Director's Interest Notice - Web Site
Addendum to Information for Annual & Special Meeting - Web Site
Management Discussion & Analysis 30th September 2006 - Web Site
Consolidated Financial Statements 30th September 2006 - Web Site
Appendix 3B: Exercise of Options - Web Site
Half Year Results Presentation - Web Site
Change of Director's Interest Notice - Web Site
Kenya Project Update - Web Site
Final Director's Interest Notice - Web Site
Second Quarter Activities & Cashflow Reports - Web Site
Appointment of General Manager Finance
The Board of Highlands Pacific Limited advises that Mr Craig Lennon, currently Company Secretary and Financial Controller, has been appointed General Manager Finance and Chief Financial Controller for the Highlands Pacific Group, effective from 1 March 2007.
Mr Lennon's appointment follows the retirement of Mr Kevin Grice from the position after the successful rescheduling of the Kainantu gold forward sales contracts. - Web Site
Change in substantial holding - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Change to Record Date re Magnetic Resources NL - Web Site
Becoming a substantial holder - Web Site
Secondary Trading Notice - Web Site
Akbel Targets within reach - Interview with MD David Royle - Web Site
Ellendale Diamonds Direct Sale - Web Site
Drilling Start-Up Advice Fraser Iron Ore Project - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Entitlement Issue of Options - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appt of Non-Executive Director/Appendix 3X - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
Response to ASX Query re: Share Price - Web Site
Change in substantial holding from CBA - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Kenya Project Update - Web Site
Section 708A Notice - Web Site
Trading Halt - Web Site
Share Issue/Pre-Feasibility Progress/Drilling Results - Web Site
Rio Tinto plc share transaction 15/02/07 - Web Site
Appendix 3B - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
US Activities Update - Web Site
Sale of Australian Tenements - Web Site
Change of Director's Interest Notice - Web Site
Half Yearly Report/Half Year Accounts - Web Site
Uranium Assets Spin-Off Terms - Web Site
Change of Director's Interest Notice - Web Site
Weekly Operations Update - Web Site
Appendix 3B - Web Site
Appendix 3B - Issue of 20m Shares by Placement - Web Site
SUBMISSION OF PROPOSAL TO CZECH REPUBLIC REGARDING ROZNA URANIUM MINE
PLACEMENT RAISES $2,025,000
Following its recent announcement regarding discussions to acquire an interest in the Rozna underground uranium mine in the Czech Republic, Uran Limited (ASX: URA - "Uran") advises that it has submitted a proposal to DIAMO, the state enterprise responsible for mining at Rozna. Uran was requested by DIAMO in January to submit the proposal by 20 February 2007.
DIAMO is expected to make a submission in February to Government recommending either continued operation or closure of the mine. The Government is required to make a decision on the future of the mine by 30 June 2007, however the decision may be made before this date.
The mine was previously scheduled to close in 2008 following a decision made in 2005 due to low uranium prices at the time and limited reserves because of a lack of funds for exploration and reserve definition.
The Prime Minister of the Czech Republic, Mr Topolanek, stated recently in Parliament: "We are considering extending the mining of uranium in the Czech Republic, the basis for this extension will be given by the Ministries, they have until 30 June 2007. The Government will decide on the extension."
In response to a question from the CSSD [the major Opposition party] regarding preservation of employment should the Australians enter into mining, Mr Topolanek said: "That may be one of the conditions of privatisation." He stated that, at that stage, they had not received a concrete proposal.
The Czech Republic is the world's 12th largest producer of uranium, with all production coming from the Rozna underground mine.
Rozna is the only operating uranium mine in Europe, and has operated continuously since 1957. Uran considers that there is significant potential to extend the current mine-life through drilling. In addition, while mining and processing operations at Rozna are very well managed and maintained, the Company also considers that there is potential to increase production and profitability through the introduction of new technology and the implementation of a plant upgrade.
As a result of its discussions with DIAMO in November 2006, Uran carried out an inspection and preliminary review of the mine and processing plant. In January 2007 the Company advised the Ministry and DIAMO that, following this review, it wished to proceed with discussions to participate in mining at Rozna.
Uran advises that there is no certainty that it will be successful in acquiring an interest in Rozna.
Placement Raises $2,025,000
Uran is pleased to advise that it has successfully raised $2,025,000 through the placement of 2,250,000 shares at $0.90 per share to Australian and overseas institutional and sophisticated investor clients of Foster Stockbroking Pty Ltd pursuant to Section 708 of the Corporations Act.
The company now has $3,000,000 in cash, which will be used to carry out feasibility studies of advanced uranium assets in the Ukraine, where it has reached agreement with two State agencies to jointly carry out feasibility studies of two sedimentary-hosted uranium deposits, and possibly the Czech Republic. Uran shareholders will have an opportunity to participate in the Share Purchase Plan announced on 2 February 2007. - Web Site
Appendix 3B - Web Site
Financial Report Period Ended 31 December 2006 - Web Site
Notice of Extraordinary General Meeting - Web Site
Trading Halt
Independent Research Paper - Web Site
2007 Annual General Meeting - Web Site
|
Friday 16 February 2007 (Close of Business - New York)
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