Mineral Deposits Ltd (29 April 2000)

MARCH QUARTER - HIGHLIGHTS

• Mineral Deposits Limited ("MDL") signed two Heads of Agreement on 3 March 2000 to enable participation in a world-class, high grade mineral sand province in India. The deposits, located in the southern State of Tamil Nadu, contain some 100 million tonnes of heavy mineral.
  
  
• At the Annual General Meeting of New Hampton Goldfields Limited ("NHG") held on 20 December 1999, NHG shareholders passed a resolution to distribute the company's entire holding in MDL to existing NHG shareholders on a pro-rata basis. The distribution of MDL shares, constituting 71.5% of the issued share capital, was completed on 12 January 2000, as a result of which the company ceased to be a subsidiary of NHG.
  
  
• Output of processed material at the 100%-owned Hawks Nest operation was in line with plan after allowing for a planned holiday and maintenance closure. For the March quarter, the operation produced 892 tonnes of rutile and 331 tonnes of zircon.
  
  
• The Environmental Impact Statement covering the extension of the mineralised zone at the 100%-owned Fullerton site in New South Wales was submitted to the Port Stephens Council on 5 April 2000. The process of securing Development Approval is expected to commence in early May. If granted, the operating life of the Hawks Nest facility will be extended by at least 10 years.

For details, click here.

Mount Burgess Gold Mining Co (28 April 2000)

MARCH QUARTER:

Highlights

Brandrill (28 April 2000)

Brandrill announced that it has completed a trial of its PCF rock-breaking technology for AngloGold Limited, the world's largest gold mining company, at its Joel Gold Mine near Welkom in the Free State Province, South Africa. The results of the trial were encouraging and have led to preliminary discussions with AngloGold regarding the development of a PCF based continuous rock-breaking system for stope mining in their narrow vein gold mines.

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Buka Minerals (28 April 2000)

MARCH QUARTER - HIGHLIGHTS

1) An in fill diamond drilling program totalling 7,560 metres was completed at the Lady Loretta zinc project. Impressive results were obtained, including as follows:

LLOO-255 45.4 metres true width of 20.62% Zn, 13.69% Pb and 173.4ppm Ag

LLOO-258B 8.8 metres true width of 31.62% Zn, 19.3% Pb and 302ppm Ag

LLOO-262 30.6 metres true width of 27.73% Zn, 0.58% Pb and 65.5ppm Ag

LLOO-265 21.5 metres true width of 24.06% Zn, 1.67% Pb and 95ppm Ag

LLOO-269 26.0 metres true width of 25.83% Zn, 1.84% Plb and 101 ppm Ag

Note that the holes above relate primarily to in-fill drilling within zones of known mineralisation. While encouraging, in that they confirm the extent and quality of known resource, they are not likely to add significant tonnage. On the other hand, hole LLOO-262 is one of 10 holes that have identified a new zone to the north of the previously known resource. This zone should moderately increase the resource.

2) The new Lady Loretta ore resource estimation is being compiled, with an updated resource expected to be available for release in May 2000

3) Mining and civil engineering studies have accelerated, with visiting senior Noranda professionals and executives from Canada.

4) Noranda remains on track to decide whether to exercise its option by December 2000.

5) Lady Annie metallurgical and ore characterisation studies produced favorable results in the oxidised ore horizon.

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Centaur Mining / Australian Gold Resources (28 April 2000)

Centaur declares that the offer for all the issued capital of Australian Gold Resources Limited is now unconditional. Centaur has a total entitlement of 150,676,597 ordinary shares in Australian Gold Resources Limited (90.20% of all AGR shares on issue).

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Central West Gold (28 April 2000)

NEW SOUTH WALES
GILGUNNIA (E.L.5440)
The Company's field activities during the quarter were concentrated on the Mount McKellar gold prospect (within E.L. 5440 approximately 100km southeasterly from Cobar), where further mapping and sampling (including BLEG stream sediment geochemistry) were carried out.
The prospect occurs near the faulted eastern margin of the prospective Cobar Basin. No workings are recorded in the prospect area, but exploration to-date has outlined a large zone of anomalous gold within structurally disturbed and iron oxide/altered sediments analogous to those hosting the Mount Solitary and Mount Solar gold resources at Mount Hope to the south.
Twenty two RC holes drilled several years ago within a 1.8km x 200m anomalous (20 +ppb Au) soil zone intersected various lines of gold enriched with low grade aureoles, but drilling was clearly too widely spaced to fully test the nature and extent of gold mineralisation.
Future work will involve continuous outcrop sampling, further steam sediment and soil geochemistry and drilling as warranted

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Charters Towers Gold Mines (28 April 2000)

MARCH QUARTER - HIGHLIGHTS

• Gold resources at 800,000 ounces
• $4 per ounce drilling cost
• Technology subsidiary formed

The decision of Charters Towers Gold Mines NL ("CTGM") to refocus on exploration is proving to be sound judgement; gold resources have increased by 160 per cent since June 1999.
Over the next quarter we will be planning exploration and drilling programs that should lift resources to our short-term target of one million ounces of gold.
In addition, initial plans will be formulated for the recommencement of mining and gold production.

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Dalrymple Resources (28 April 2000)

MARCH QUARTER - HIGHLIGHTS

THUNDERBOX GOLD DISCOVERY

• Drilling has increased the size of the Thunderbox Gold Discovery which now extends 1500 metres along strike and has been intersected down to 350 metres depth. Horizontal widths commonly exceed 70 metres.
• The grade and continuity of the near surface supergene ores have improved with recent intercepts including: -
  44 metres @ 8.6grams/tonne gold
  72 metres @ 4.9grams/tonne gold
  67 metres @ 5.1grams/tonne gold
  9 metres @ 14.5grams/tonne gold
• Resource modelling has commenced and a resource statement is anticipated by mid year.

ULYSSES PROSPECT
The Ulysses prospect of the Melita Joint Venture continues to produce strong intercepts at depth.

CHAMELEON AND ST. PATRICKS PROSPECTS

• Drilling programs for gold and nickel have commenced.

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Defiance Mining (28 April 2000)

MARCH QUARTER - HIGHLIGHTS
MATHINNA JOINT VENTURE

• Defiance Mining have met the expenditure requirements to earn a 50% interest in the Mathinna joint venture.
• RC drilling at the northern end of the Sophie's Reef extended the quartz-sulphide-gold structure an additional 60m to the north.

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Delta Gold (28 April 2000)

MARCH QUARTER - HIGHLIGHTS
DELTA DELIVERS RECORD GOLD PRODUCTION AGAIN
Delta achieved record gold production for the sixth consecutive quarter, with 174,827 ounces at a total cash cost of $285 per ounce, despite interruption from heavy rains in Western Australia.

RECORD KANOWNA BELLE PRODUCTION
Increased head grade and toll treatment of oxide stockpiles resulted in record quarterly production from Kanowna Belle, 9% more than the previous record.

WALLABY MINING LEASES GRANTED
Following a favourable determination by the National Native Title Tribunal, the Wallaby mining leases have been granted, facilitating a development decision in the September quarter.

WALLABY DEEPENS
Deep drilling beneath the proposed Wallaby open pit has intersected encouraging mineralisation.

GOLD PRICE LEVERAGE
75% of Delta's expected mineable reserves are leveraged to increases in the price of gold, but only 56% of these reserves are exposed to a falling gold price.

STRONG NET CASHFLOW
Net debt declined by $27 million during the quarter.

ROSS MINING MERGER
Delta's successful merger with Ross Mining will form the fourth largest Australian gold mining company with three long-life, low-cost gold operations. Delta has declared its offer final and unconditional. Acceptances exceeded 70% of Ross Mining shares at 26 April.

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Dioro Exploration (28 April 2000)

The Directors of Dioro have previously advised their intention to sell the Company's interest in the East Mangari Gold project to a wholly owned subsidiary Mangari Gold Limited. The intention was to then float the subsidiary, with 25% of the new float to be owned by Dioro, and 75% to be offered to Dioro shareholders.
As a consequence of the float Dioro's relevant interest in the East Mangari Gold project would drop below 50%. Pursuant to the joint venture agreement with Mines and resources (Australia) Pty Ltd (part of the Cogema group), the consent for this reduction in interest was required from Mines and Resources prior to the float.
Dioro wishes to advise that Mines and Resources have indicated that at this stage they are unwilling to grant the consent required to enable the public listing of Mangari Gold Limited.
As a consequence of this the Directors wish to advise that the proposed transaction will not proceed unless the consent of Mines and Resources is obtained prior to the meeting to be held on 8th May 2000 to seek shareholder approval for the transaction.

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Dragon Mining (28 April 2000)

MARCH QUARTER - HIGHLIGHTS

SVARTLIDEN GOLD PROJECT
A 7,500m reverse circulation resource infill and extension drilling program has commenced on the Svartliden Gold Project in northern Sweden.

SHERLOCK BAY
An option has been granted to Westralian Nickel NL to purchase a 90% equity in Dragon's Sherlock Bay Nickel Project in the Pilbara of Western Australia.

EXPENDITURE AND WORKING CAPITAL
Project evaluation, development and exploration expenditure by Dragon for the three-month period ended 31st of March 2000 was $113,000.Working capital remaining at the end of this period was $3,508,000. Exploration and project evaluation expenditure during the June Quarter will be $800,000.

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East Coast Minerals (28 April 2000)

MARCH QUARTER - HIGHLIGHTS
ELIZABETH HILL SILVER DEPOSIT
Adverse seasonal conditions which produced cyclones, several storms and flooding hampered the production at Elizabeth Hill and interfered with transport.
It was the worst rainy season on record and lasted throughout the three months being reported on.
The total ore hoisted was 2,687 tonnes at the average sampled grade of 0.3419%. Treatment through the plant was 2,395 dry tonnes compared to 4,763 tonnes the previous quarter. This was primarily due to weather conditions and underground production problems which have now been remedied.
During the quarter the mine ventilation system was overhauled and upgraded resulting in the restriction of mining to certain areas.
Concentrates shipped to South Africa totalled 17,080 kg (average 25% of silver).
Dore bars delivered to AGR for smelting resulted in 15,500 oz of silver.
Payments received during the quarter were $1.5 million.

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Federation Resources (28 April 2000)

Federation Resources has reported that its North American subsidiary New Venoro Gold Corp. (name change pending to Vanteck (VRB) Technology Corp; CDNX code:VRB) has entered into a Heads of Agreement with Highveld Steel and Vanadium Corporation Limited of South Africa ("Highveld"). Highveld is a substantial steel and ferro-alloy producer and is the world's largest producer of vanadium.
Under the Heads of Agreement, Highveld, (subject to Board approval), and New Venoro Gold Corp. (VRB) ("New Venoro") will initially form a 50:50 strategic alliance within Africa for the purpose of, among other things to;

(i) Review the feasibility of establishing a vanadium electrolyte manufacturing plant in South Africa primarily for the supply of vanadium electrolyte for VRBs installed within Africa;

(ii) Conducting further research and development work on increasing electrolyte concentrations (higher molarity); and

(iii) Developing the commercialisation of the VRB within Africa.

A strategic alliance of this calibre can only assist in progressing the future of the VRB Technology and will assist greatly in New Venoro's growth throughout Africa.

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Goldfields Kalgoorlie / Gilt-Edged Mining (28 April 2000)

Goldfields Kalgoorlie Limited increased its relevant interest in Gilt-Edged Mining NL on 26/04/2000, from 23,108,996 ordinary shares (31.57%) to 33,160,790 ordinary shares (45.30%).

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Indian Mining Corp (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

The Company continued to progress the Costerfield Project, however, its Option over the Kolar Gold Fields Project in India lapsed with the passing of the Company's deadline for signing the Memorandum of Understanding with the Indian Government.
Planning for diamond drilling at Costerfield was completed and will commence in June/July this year. This drilling will test for very high-grade antimony and gold mineralisation following the Company's recent geological re-interpretation of the field.
Share placements raised $990,000, enabling the Company to repay debt and to strengthen its working capital.
The Company subscribed $US125,000 for a convertible debenture that gives it a right to acquire 12.5% of IP Services inc of Colorado, US, a telecommunications company presently operating an Internet protocol telephone network in Colorado and Marylands, US. Discussions on increased ownership of IP Services are continuing.

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Kalrez Energy (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• Oil production at the Bula Oil Field continues in accordance with forecast targets. Production of oil for the quarter was 56,081 barrels. Crude oil lifted and sold during the quarter amounted to 52,333 barrels at an average of US$22.67 per barrel resulting in gross revenue of US$1,186,389.
• At the end of the quarter the company held in storage inventory of 71,797 barrels of oil. Approximately 46,000 barrels of this inventory was shipped in the first week of April and the resultant revenue will be reported in the June quarter.
• The Bula Oil Field operated profitably during the quarter and continues to do so.
• Kalrez is proceeding on schedule with its plans to drill 13 new oil wells in the Bula oil field and to workover 20 existing oil wells. This work is scheduled to commence in July 2000. Mr Robert P Jones, a Canadian Drilling Engineer with over 30 years drilling and workover experience, commenced with Kalrez on the 31 March 2000 as Drilling and Workover Supervisor to supervise the drilling and workover programme.
• Kalrez is in the final stage of completing a major geophysical and petrophysical review of the Bula oil field. This is the most comprehensive and in depth study ever undertaken of the Bula Field and will be used to delineate the most prospective areas for development drilling and to site the 13 new wells to be drilled commencing in July 2000.
• Kufpec, a subsidiary of the Kuwait Foreign Petroleum Exploration Co., the operator of the Seram joint venture in which Kalrez holds a 2.5% interest is proceeding on schedule to Phase 1 production.
  The Oseil discovery within the Seram Joint Venture area, is anticipated to produce between 12,000 to 18,000 barrels of oil per day commencing last quarter 2001 increasing to 45,000 barrels of oil per day during Phase 2 production.
  Kufpec has budgeted expenditure of US$21.6 million during calendar year 2000 of which US$18.4 million is directed to be spent on the development of the Oseil discovery and the balance of US$3.2 million to the further exploration of the 7620 sq kilometre Seram Block outside of Oseil. In particular, exploration will be concentrated on the Lola Kecil prospect with a view to drilling this prospect in 2001.
• Kalrez is actively involved in reviewing other oil and gas opportunities in Indonesia and is conducting discussions in relation to potential acquisition of projects.

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Kidston Gold Mines (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• Net profit for the three months ended 31 March 2000 was $0.43 million (or 0.3 cents per share) compared with a profit of $3.7 million (or 3.0 cents) in the first quarter of 1999.
• Cash operating cost for the quarter was $390 per ounce, a substantial decrease from the average of $446 in 1999.
• Gold production was 60,558 ounces compared with 57,548 ounces produced in the corresponding period of 1999. This is the highest quarterly gold output achieved since the December quarter in 1990.
• Tonnes milled for the March quarter were 1.85 million compared with 1.82 million in the corresponding quarter of 1999.
• Tonnes mined totalled 4.6 million tonnes in the first quarter of 2000 compared with 6.9 million tonnes in the 1999 March quarter. The reduction reflects the progress made in uncovering the Eldridge ore body.
• Exploration in the area is intensifying and testing continued on priority targets. A drilling program will commence on the Wandoo prospect in April.

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Lake Resources NL (28 April 2000)

Lake Resources (Lake) has signed an Exploration Agreement with Zinkgruvan Mining AB (ZMAB), a member of the North Group, Australia, for exploration for zinc in the vicinity of the Zinkgruvan mine in Sweden.
Key points of the agreement include:

• ZMAB will make available large public domain and proprietary datasets to Lake.
• Lake will manage and fund exploration up to the stage of identification of drilling targets, at which stage, ZMAB will have the first right of refusal to enter a joint venture agreement with Lake for the purpose of drill testing the target.
• ZMAB can earn an 80% interest in the target by undertaking all further work to completion of a feasibility study. 
• At mine development stage, Lake can elect to retain a 20% contributing interest or take a 3% net smelter royalty.
• Assessment of the relevant data is now under way in Sweden and field work is scheduled to begin in June. For further details, see Lake Resources' web site at www.lakeresources.com.au

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Lynas Gold (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

CORPORATE

• Profit of $1.0 million reported for the year
• Cashflow from Operations increases working capital
• Change of name and status to Lynas Corporation Limited and change of status approved at General Meeting

PRODUCTION

• Second tonne of gold poured from Paraburdoo on 8 February 2000
• Gold Production increases by 8.5% on previous record
• Cash costs of $244 in lowest quartile of Australian Gold Producers
• Drilling to extend Paraburdoo mine life begins with early success

DEVELOPMENT PROJECTS

• Mt Weld Rare Earths benefication testwork achieves improved concentrate grades
• Major Rare Earths customers continue to provide active encouragement and technical support

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Macmin (28 April 2000)

MARCH QUARTER - SUMMARY AND COMMENTS

MIM Holdings (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• Strong Mount Isa copper smelter performance lifted anode production and refined copper output ahead of the March quarter last year.
• Newlands and Oaky No 1 longwall mine operations confirmed by the Joint Coal Board as the two highest producing underground coal mines in Australia for calendar 1999.
• Oaky North longwall resumed full production; no interruption to product coal output.
• Strong operating performance at Ernest Henry continued following the successful transition to owner operator mining. Improved recoveries lift copper and gold output.
• Continued improvement in metallurgical performance at McArthur River raised product value by increasing concentrate zinc grades with high zinc metal recovery maintained.
• Previously forecast mill maintenance and scheduled lower grades reduced contained metal output in concentrate at Alumbrera. Total material mined increased significantly.
• Reduced zinc and lead production at Avonmouth reflected low plant availability; upgrading of infrastructure at Avonmouth is in progress.
• Enterprise copper mine project approached completion. Progressive decommissioning of ramp haulage trucks under way and hoisting of ore via the new automated ore handling system commenced.
• George Fisher on target for commissioning during the December 2000 half; production increased as the mining of the initial stope continued.

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Pacmin Mining Corp (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• PRODUCTION OF 54,130 OUNCES FROM TARMOOLA DESPITE RECORD RAINFALL
• CASH OPERATING COSTS OF A$298 PER OUNCE (US$181 PER OUNCE)
• OWNER-MINING AT TARMOOLA
• TARMOOLA EXPLORATION
  PacMin's tenement holdings cover approximately 60 strike kilometres of the Keith-Kilkenny Tectonic Zone which is host to a series of gold deposits, including the very significant Tarmoola, Sons of Gwalia and the recently discovered Thunderbox deposits. In recognition of the quality of this regional mineralised structural corridor within the company's tenement holdings, PacMin has placed increased efforts in targeting prospective positions as part of a regional group initiative.
  At the Ursus Project a series of regolith anomalies up to 800 metres long by 300 metres wide have been delineated by RAB and aircore drilling over the total strike length of 7 kilometres tested to date. Targeted infill RAE and aircore drilling on a selection of these targets returned results including 18.0 metres @ 3.6g/t (USR0044), 6.0 metres @ 5.00g/t (USR0050), and 4.0 metres @ 7.7g/t (USA0159).
  Reverse circulation drilling beneath the existing Celtic resource has defined a parallel zone of mineralisation that has the potential to be included into a new optimised pit shell. Better results from this program include 18 metres @ 2.92g/t (CER015), 13 metres @ 4.51g/t (CER018) and 13 metres @ 4.02g/t.
• CAROSUE DAM PROJECT DEVELOPMENT

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Petroz (28 April 2000)

MARCH QUARTER - OVERVIEW

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Ranger Minerals (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• Gold production of 83,341 ounces from the Damang mine in Ghana was below budget for the quarter but the year-to-date total of 264,007 ounces is ahead of budget and the operation is forecast to exceed the budgeted 330,000 ounces production in the full year to 30 June, 2000. Cash costs for the quarter were US$208 per ounce, but the year-to-date average remains in line with the budget at US$189 per ounce.
• A new resource model for the Damang deposit estimated that 57.6 million tonnes averaging 2.0 grams/tonne above a cut-off-grade of lg/t remain below the mined surface to 31 December, 1999. Compared directly with the resource estimate a year earlier, total ounces are some 290,000 ounces lower but in the measured plus indicated categories there was little change. During the twelve months between estimates, a total of 303,695 ounces was produced.
• The new pit design for the 2000/01 budget was based around a shell which gave the optimum discounted cashflow, using a gold price of US $330/oz to estimate mining reserves. While this smaller pit contains some 200,000 ounces less than the pit design used for the 1999/00 budget, it shows an additional US$15 million in net cash flow if it was to be used for the remaining mine life. Assuming a realizable gold price of US$330 per ounce for the life-of-mine plan, a new in situ reserve derived from the measured and indicated resource categories was estimated to be 19.6 million tonnes with an average grade of 2.18g/t (1.38 million ounces).
• With approximately half of the total gold resource not contained in the new pit design, a study will commence during the June 2000 quarter to investigate the economics of a substantially larger operation. If unit operating costs can be significantly reduced, many currently marginal ounces may be drawn into the reserve base.
• Group cash reserves at quarter end were A$49 million.

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Resolute (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

PRODUCTION

• Record Attributable production was achieved during the quarter, with 103,079 (92,690) ounces of gold at an average cash cost of A$281 per ounce (A$348 /oz).
• Total gold production of 106,568 (95,454) ounces of gold was achieved during the quarter, at a cash cost of A$283 per ounce (A$352/oz).
• Golden Pride production increased by a further 14% to a record 65,847 ounces of gold (57,631) at a cash cost of US$144 per ounce (US$151).
• Production from Obotan increased 26% to 34,890 (27,642) ounces of gold at a cash cost of US$204 per ounce (US$296/oz). This significant improvement is attributable to the change in grade control methodology and mine plan.
• Resolute Amansie Ltd wins award from Ghanaian EPA as "Most Environmentally Committed Company in Mining Sector in calendar 1999".

EXPLORATION

YUMBARRA, GAWLER JV - 50%

• A detailed airborne geophysical survey mapped a concentrically ringed intrusive, whose geometry is a sub-vertical pipe, with a diameter of 4.4km. The signature is consistent with a carbonatite or a pulsed mafic-ultramafic intrusive which may host nickel-copper or platinum group mineralisation.

CRUSH CREEK - 100%

• Detailed low level aeromagnetic survey defines additional targets.

OBOTAN - 90%

• Drilling continued at Afraso. Better results include:-
  * 3 m @ 12.5g/t
  * 7m @ 4.9 g/t
  * 10m @ 4.0g/t
  * 25m @ 2.3 g/t and
  * 11m @ 4.5 g/t

CORPORATE

• Gross cash flow from operations for the quarter A$21 million.
• At the end of the quarter Resolute and its subsidiaries cash and bullion on hand increased by A$10 million to A$64 million (A$54 million). Debt was A$75 million (A$70 million).
• The disposal of non-core assets including the sale of the Company's interests in Taipan and Titan Resources.
• On April 13th Preston Resources announced that it has the requisite majority of bondholders to approve a Scheme of Arrangement to provide a comprehensive package of financial assistance to the Bulong Nickel Project.
• Fully franked dividend of 6.56 cents per share (A$3.4 million) paid to preference share holders.

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Ross Mining / Delta Gold (28 April 2000)

As at close of business 27/4/2000, Delta Gold Limited has a total entitlement of 186,997,072 ordinary shares in Ross Mining NL (84.27% of the voting shares in Ross Mining). For more information, click here.

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Tribune Resources (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

EXPLORATION

• A further 14 reverse circulation ("RC") holes totalling 2,046 metres of drilling were drilled at the Pegasus prospect (East Kundana).
  Intersection highlights include:
  4 metres @ 19.56 g/t (Inc. 2 metres @ 33.14 g/t)
  12 metres @ 7.99 g/t (Inc. 3 metres @ 27.70 g/t)
  3 metres @ 15.55 g/t (Inc. 2 metres @ 21.90 g/t)
  6 metres @ 6.62 g/t (Inc. 2 metres @ 12.57 g/t)

Based on drilling to the end of February 2000, Hornet/Rubicon/Pegasus resources total 938,000 contained ounces (5 million tonnes @ 5.8 g/t) using a 1 g/t lower grade cut;
Estimated Probable Reserves contained within the East Kundana resource total 2.3 million tonnes @ 7.6 g/t (543,000 recoverable ounces);

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West Australian Metals (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• Geological interpretation continued on the Ben Hur/King of Creation, Perseverance and Windsor Well/Kismet tenements
• Company invests in BMS Solutions Pty Ltd

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West Oil (28 April 2000)

MARCH QUARTER - SUMMARY OF ACTIVITIES

• Newfield to spud Wambenger-1 this week in WA-273-P adjacent to West Oil's WA-284-P permit.
• Puffin-5 to be spudded late May or early June after Wambenger-1.
• Interpretation of new 3D in AC/P28 has revealed 94 million barrel potential Galileo South prospect.
• Phillips has approval to go to rig tender for Coleraine-1 in ZOCA 96-16.
• Shareholders as at April 20 will participate directly in IPO of Fusion on London AIM market.
• New work on AC/RL1 and AC/P26 has been started to further define Talbot South, Anson Updip and Anson West on the Talbot Horst.

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Lakes Oil (27 April 2000)

Acclaim Exploration (27 April 2000)

Amity Oil (27 April 2000)

Ashton Mining / WA Diamond Trust (27 April 2000)

Audax Resources (27 April 2000)

Aurion Energy (27 April 2000)

Bendigo Mining (27 April 2000)

Eagle Bay Resources (27 April 2000)

MARCH QUARTER - SUMMARY

1. China's major Graphite producer the Harbin Liumao Carbon Technical Development Co. Ltd (H.L.C.) and EBR are working under a letter of intent, to complete feasibility work and re opening of the Uley Graphite Mine.
2. The company has been granted a 2364 sqkm shallow water, near coastal block in one of Australia's major producing petroleum basins - the Gippsland basin. The permit contains the oil structure "Northright" which has an areal extent of some 50 sqkm. The nearest oil and gas field is Sole, 15km to the south. The Sole field is full to spill point, immediately down dip from Northright.

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Eastern Aluminium / Alcoa (27 April 2000)

Alcoa has received notification from FIRB that there are no objections to Alcoa's proposed acquisition of Eastern shares under its takeover bid for Eastern Aluminium Limited, in terms of the Government's foreign investment policy.

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Empire Oil & Gas (27 April 2000)

MARCH QUARTER - HIGHLIGHTS

PLACEMENT
Empire Oil & Gas NL, placed 6,420,000 Ordinary Shares at an issue price of $0.10 per share to a professional investor client of D&D Tolhurst Ltd together with 1 free attaching Option to subscribe for a share exercisable at $0.20 on or before 31 December 2002 for every 2 New Shares subscribed for.
The Agreement was reached on 24 March 2000 and confirmed by letter on 28 March 2000 raising gross total working capital of $612,000. The funds will be used to assist the Company in meeting part of its planned year 2000 oil and gas exploration programe. The new shares and new options were listed on the ASX on 29 March 2000.

YEAR 2000 DRILLING
During the Quarter, the Company detailed the proposed wells to be drilled during 2000. These are:

EP 41 Part 3 Central Rough Range No.1, Rough Range 1B and South Rough Range No.1, Exmouth Sub-basin, Western Australia.
The site works for both the Central Rough Range No.1 and Rough Range 1B wells are near complete with the proposed spud of Rough Range No.1B commencing on 1 May 2000.

EP 389 PERTH BASIN, WESTERN AUSTRALIA
One well is proposed late in the 3rd to 4th quarter 2000 to drill either in the Eclipse Prospect or Eclipse West Prospect (formerly called Bullsbrook Downdip and Bullsbrook North respectively). The Eclipse Prospects are both unfaulted domal anticlines demonstrating 4 way dip closure. Objectives are the Jurassic, Cattamarra Coal Measures which contains a number of individual stacked sandstone reservoirs. The calculated potential Gas In Place for the Eclipse Prospect is 565 Billion Cubic Feet of gas and 266 Billion Cubic Feet of gas for Eclipse West.

EP 381 RUTILE NO.1 SOUTH PERTH BASIN
The Rutile No.1 well was drilled during the Quarter, and reached TD of 2516 metres on 25 February 2000 after intersecting oil shows between 2348m and 2477m.
The Rutile No.1 well was drilled during the Quarter spudding on 1 February 2000 and reached TD on 25 February 2000 after intersecting oil shows between 2348 and 2477m. Testing of the zones was not warranted and the well was plugged and abandoned.
Oil shows in the well are the first encountered in the Permian sediments south of Perth and highlight the prospectivity of both the EP 381 Permit and Empire's adjoining permits, in particular the EP 416 Permit where recent mapping has detailed large structures at the Permian level.

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Equinox Resources (27 April 2000)

Equinox Resources Limited and its subsidiary Equinox Ventures Pty Ltd (collectively "Equinox") announce that they have signed an agreement with Billiton Plc and its subsidiaries Billiton Sweden Resources B.V. and Billiton Development (Zambia) Limited (collectively "Billiton") to jointly explore for Iron Oxide Copper-Gold deposits. Billiton and Equinox will form Equinox OreSearch Limited ("Equinox OreSearch") and register it in the United Kingdom as the vehicle to carry this exploration alliance forward.

Equinox OreSearch will incorporate funding by Equinox, Billiton and new private investors; the transfer of interests in advanced projects in Zambia (from Billiton) and Sweden (from Equinox); a generative exploration program to develop new target areas and a proposed future stock exchange listing of the company.

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Goldfields (27 April 2000)

SUMMARY OF ACTIVITIES - THIRD QUARTER

• Gold production of 104,088 ounces (367,427 ounces for the 99/00 year to date).
• Cash costs of $315/oz ($270/oz year to date).
• Total costs of $448/oz ($407/oz year to date).
• Operationally, all sites performed well. Porgera delivered another quarter of +200,000 ounces production. Kundana maintained production at an annual rate greater than 100,000 oz with lower operating costs.
  Paddington production was limited to less than three week's treatment of Goldfields' ore with the remainder of the quarter dedicated to a Delta Gold treatment campaign. Henty achieved a record mill throughput although production was affected by lower then average head grades.

EXPLORATION

• Inferred Resource of 269,000 tonnes at 9.7g/t Au for 84,000 contained ounces defined at Paradigm.
• Additional high-grade shoots on the Phi mineralised trend at Aphrodite have been defined.
• Exciting intersections in the Tyndall Zone at Henty (0.76m at 43.7g/t Au and 1.65m at 11.4g/t Au) and in the upper northern quadrant of Zone 96, below the Whistler Fault, (1.70m at 273.8g/t Au and 0.28m at 19.6g/t Au).
• Visible gold found in a 0.65m wide intersection of the Strzelecki vein, 200 metres north of the Kandana mine.
• The first diamond hole is in progress following encouraging aircore drilling results at Temora.

FINANCE

• Year to date net profit is $19.9 million (unaudited). The forecast net profit for the year to June 2000 is currently expected to exceed the record profit of $21.5 million achieved in 1999.
• Gold price received of $592/oz for the quarter.
• The mark to market valuation of gold and currency hedging was positive $50.1 million and negative $43.5 million respectively (at 31st March 2000 using US$277/oz and an exchange rate of US$0.6132).
• Net debt of $72.7 million following revaluation of the US$ denominated debt.

CORPORATE

• On 27th January 2000, Goldfields, through its subsidiary Goldfields Kalgoorlie Limited, announced a takeover bid for Gift-Edged Mining NL. The initial offer has been varied and is now unconditional with a final price of 50 cents per share. The closing date is 1st May, 2000. As of 26th April 2000, Goldfields was entitled to 31.57% of Gilt-Edged.

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Lake Resources NL (27 April 2000)

Lake Resources N L, an unlisted Brisbane-based mineral explorer with 10.5 million shares on issue, has released a Prospectus dated 7 April, for the issue of 14 million new shares at a price of $0.12 per share to raise $1.68 million.
According to Chairman Ken Foots, the funds raised will be used primarily to advance exploration of current gold, platinum and base metal projects in Sweden and Pakistan, and for new projects in other countries as opportunities are identified over the next 2 years.
For further details, see Lake Resources' web site at www.lakeresources.com.au

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Legend Mining (27 April 2000)

SUMMARY OF ACTIVITIES - FIRST QUARTER
MUNNI MUNNI / ELIZABETH HILL SILVER PROJECT
Legend Mining NL 30% /East Coast Minerals NL 70%)

• Placement to shareholders fully subscribed.
• Silver sales of $1.503 million.
• Production of 148,869 ounces of silver from 2,395 tonnes treated.
• Headgrade improved to 0.37% AG as more stoping material is processed.

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Mineral Commodities (27 April 2000)

QUARTERLY REPORT FOR PERIOD ENDED 31ST MARCH, 2000.

Activities for the above quarterly period were as follows:

* WHITE FOIL
Our company is still awaiting confirmation for a Decision to Mine from our Joint venture partners, Mines & Resources Australia Pty Ltd, a member of the French Cogema Group.

* QSMELT
The large engineering construction group, Baulderstone Hornibrook, acquired a 10 per cent interest in the QSmelt technology package for acid production/metal matte smelting during the quarter.
Baulderstone Hornibrook has already established a presence in the Mount Isa region where QSmelt already has conditional environmental approvals for its package.

* TREKELANO
Pricing of suitable secondhand equipment commenced through the quarter and preliminary discussions were held with a third party for potential development of this copper/gold project pending a lift in commodity prices.

* I T SECTOR
Due diligence commenced on two opportunities in this broad industry sector. Our company's core business will remain in the mining sector, however, if we can identify a suitable way of benefiting our shareholders by becoming involved with either or both of these two opportunities then they will be progressed.

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Nido Petroleum (27 April 2000)

THIRD QUARTER - HIGHLIGHTS

CHINA
Progress during the first quarter exceeded expectations:

• The two year Pilot Test Program was submitted to Sinopec on 15 January and approved one month later, on schedule.
• Nido recruited an experienced petroleum engineer and operations manager to fill the role of General Manager in China and then proceeded to set up its core field operations team.
• An agreement was made with our partner, the Zhongyuan Petroleum Exploration Bureau (ZPEB) to start field operation earlier than planned, with ZPEB funding the drilling of the first three wells. ZPEB will be repaid from incremental production.
• Nido's first well, a sidetrack of the Hu12-14 well, commenced on 22 April and came onto production on April 18. Initial results have been disappointing, but Nido is now earning incremental oil revenue.
• The second well, a sidetrack of the Hu7-43 well is now underway and a third well and workovers are planned for May and beyond.
• Nido satisfied its funding obligations to earn a 40% interest in the project.
• An offer has been received from two parties who wish to take an interest in the project and fund the early development.

PHILIPPINES

• Discussions continued with a number of parties to farmin into SC 42 to drill the Coron North prospect. Work is also underway to identify a drilling rig for this purpose.
• A Farmout agreement to drill the GSEC 84 Fuga Island prospect was completed and the island access issue was resolved. Preparations are underway to spud the well in the first week of May.
• A number of parties are showing an interest in farming into the Galoc prospect in SC 14.

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Novus Petroleum (27 April 2000)

HIGHLIGHTS - FIRST QUARTER

FINANCIAL - Sales Revenue up 32% on previous quarter to $47.4 million - all-time record.

DEVELOPMENTS

• Indonesia-West Natuna Gas Project, Kakap PSC, (Novus 25%) proceeding ahead of schedule. 59.7% of the 28" subsea gas trunkline has been laid.

EXPLORATION/APPRAISAL

• Pakistan-Bolan Block, (Novus 47.5%) the Zarghun South-2 appraisal
  well was a success and flowed 14 MMscfd of gas.
• Egypt-Neith South-1X oil discovery in Khalda Offset concession (Novus 10%). Appraisal well planned in 2Q00.
• Egypt-Buchis West-1 exploration well currently drilling, (Novus
  10%).
• Australia-WA-273-P (Novus 30%), preparations are underway to drill Wambenger-1 in 2Q00.
• Australia-Cooper Basin (Novus 4.75%) Moomba-104 was an oil discovery.
  
  

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Pasminco (27 April 2000)

THIRD QUARTER

Pasminco registered another strong quarter's production, the highlight of which was the inclusion of production from the Century Mine for the first time. The mine in Queensland, which was officially opened on 4 April, was considered operational from the 1 March.

Total zinc and lead production from the Group's mines and smelters during the December quarter was 12% higher than the corresponding quarter in 1999 and 2% higher than the previous quarter. For the nine months ended 31 March 2000, total zinc and lead production was 17% higher than the corresponding period in 1999.

Mine production during the March quarter was assisted by the initial contribution from the Century mine, which was considered operational from 1 March, and higher zinc and lead ore grades at Elura and Rosebery, offset by lower grades at Broken Hill.

Zinc metal production from the Group's smelters was higher than the corresponding period, in 1999 with continuing strong performance from the Hobart and Budel smelters, and the inclusion of Clarksville's contribution for a full quarter, compared to only 2 months production last year.

Lead metal production was marginally higher than the corresponding quarter in 1999.

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Rimfire Pacific (27 April 2000)

HIGHLIGHTS OF THE MARCH QUARTER

EXPLORATION

• Initial results conclusively prove diamond indicator minerals shedding from previously unrecognised diatremes.

CORPORATE

• Neil Stuart resigns from board
• Greg Duncan appointed as new exploration manager

OVERVIEW:
Rimfire has over 1300 square kms of tenements that comprises the Peel Fault Project in the Bingara region in north western New South Wales. It is the most comprehensive and prospective diamond exploration holding in the district.
The company's Fifield tenements (nickel, cobalt, platinum) in central NSW is in joint venture with Black Range Minerals NL, the developers of the Syerston lateritic nickel cobalt platinum deposits on the adjoining tenement.

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Ross Mining / Delta Gold (27 April 2000)

Delta Gold Limited has a total entitlement of 146,622,312 ordinary shares in Ross Mining NL (66.07% of the voting shares in Ross Mining). For more information, click here.

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Santos (27 April 2000)

FIRST QUARTER HIGHLIGHTS

• Sales revenue increased by 64.0% to $298.1 million (quarterly record)
• Sales volume increased by 10.0% to 12.1 million boe (first quarter record)
• Production volume increased by 5.3% to 12.7 million boe (first quarter record)
• The average oil price received averaged US$26.25 (A$42.04) per barrel.

The above results do not incorporate the impact of the Carnarvon Basin interests acquired from Shell Development (Australia) Pty Ltd (effective 1 January 2000) pending settlement of the transaction which is expected in June 2000.

COMMENT BY MR ROSS ADLER, MANAGING DIRECTOR:
"The strong results achieved in the 2000 first quarter mean that the year is off to an excellent start and this will be enhanced by the acquisition of the Carnarvon Basin assets as indicated above.
These results continue the growth achieved in 1999.
Sales revenue of $298.1 million during the quarter was a record for the Company. This result reflects not only the strength in oil and liquids prices but also the Company's own efforts in increasing production and sales.
Oil production has grown strongly over the last six months. The record production from the Stag oil field was a good result and positively reflects work undertaken to increase production from this field. The improved production performance of the Elang/Kakatua oil fields and production from Moomba 104 were also positive and their full impact will be reflected in the second quarter.
Gas and ethane sales volumes for the quarter were up by 15% reflecting continuing growth in the gas business.
The Carnarvon Basin asset acquisition will add to the Company's underlying growth. Details are set out in the table on page 1.
Net operating profit after tax for the period is significantly above the comparable period for last year. Further details on the good start to Year 2000 will be provided at the Company's Annual General Meeting to be held on 5 May 2000."

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Sons of Gwalia (27 April 2000)

SONS OF GWALIA LTD ("GWALIA") RESPONDS TO INCREASED DEMAND WITH INCREASED TANTALUM RESERVES AND RESOURCES ANNOUNCEMENT AND CONTRACTUAL NEGOTIATIONS FOR INCREASED PRODUCTION AND SALES
Tantalum reserves at Gwalia's Greenbushes and Wodgina Mines now total 71 million lbs, an increase of 66 per cent on the 30 June 1999 figures.
A Consultant's Feasibility Study completed during the quarter has also indicated that an economic underground operation for the known tantalum resource below the current open pit mine at Greenbushes could be established. When combined with the expansion of existing processing facilities this would see Greenbushes production increase to in excess of 1.0 million lbs per annum from the current 650,000 lbs. per annum.
Gwalia is discussing substantial tantalum production and sales increases with its customer base. Dependent upon the results of these discussions, Gwalia said that the expansion of either one or both of its tantalum mines would be considered and that it hoped to conclude contracts and expansion options prior to the end of June 2000.

The Advanced Minerals Division achieved record tantalum sales of 313,135 lbs, for the quarter and solid production of 284,632 lbs.

GOLD PRODUCTION
Gwalia announced gold production for the quarter of 94,153 ounces at an average cash cost of production of $356 per ounce.
Gwalia said that all gold was sold during the quarter at $650 per ounce returning a cash margin of $294 per ounce.

PROMISING RESULTS FROM FIRST STAGE GWALIA DEEPS DRILLING PROGRAMME
The deep diamond drilling programme which commenced in the previous quarter continued to show promise. The programme is in progress to delineate resources in the 1,000-1,500 metre vertical depth interval, down-plunge from the historic workings.
Gwalia said that the first drill hole was completed at a depth of 1,468 metres with an intersection of 7.09 metres at 6.16 g/t gold from 1,362.2 metres (including 2.04 metres at 13.80 g/t gold). The intersection is 80 metres up-dip from a previously reported intersection of 12.64 metres at 19.35 g/t gold.

GOLD EXPLORATION
Gwalia said that off-minesite gold exploration during the quarter focused on the Company's large regional holdings although exploration activities were hampered by heavy unseasonal rain.
Drilling at the Redwing Prospect in the Southern Cross Region extended the mineralised zone to a strike length of 560 metres. Results included:

12 metres at 4.05 g/t gold from 106 metres
4 metres at 37.11 g/t gold from 124 metres

Work at the Melita Project, near Leonora, has defined three bodies of mineralisation within the east-west zone at the Ulysses Prospect. Drilling results included:

10 metres at 7.66 g/t gold from 41 metres
7 metres at 4.29 g/t gold from 113 metres
9 metres at 2.86 g/t gold from 139 metres

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Tanami Gold (27 April 2000)

HIGHLIGHTS - THIRD QUARTER

• Solitaire Project Joint Ventured to South African based Gold Fields Limited.
• Shareholding in Glengarry Resources NL increased to 9.35%.
• Technical input from Gutnick Resources personnel in accordance with the Strategic Corporate Alliance Agreement highlights new drill targets.
• Field crews have commenced the 2000 exploration programs following extended wet season.

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Tap Oil (27 April 2000)

HIGHLIGHTS - THIRD QUARTER

• Corvus-1 - Gas discovery
• New gas contract signed with AGL
• Josephine-1 and Baker-1 gas condensate discoveries
• 15 more wells planned for this year, commencing April 2000

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Tasmania Mines (27 April 2000)

HIGHLIGHTS - FIRST QUARTER

During the quarter production of Dense Medium Magnetite for use in Coal Washeries continued.

Mining from Kara No 1 continued during the period with 52,150 tonnes of ore being mined from the Kara No 1 pit and delivered to the concentrator plant stockpiles. In addition 13,002 tonnes of overburden was removed.
During the period the concentrator plant treated 40,824 tonnes of ore. A total production of 14,833 tonnes of magnetite Iron ore fines was achieved.

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THUNDERBOLT RESOURCES (27 April 2000)

HIGHLIGHTS - THIRD QUARTER

• Due Diligence completed on Argentina Diamonds Ltd acquisition
• Brown's Reef Base Metal project acquired

As of 31 March 2000 Thunderbolt had $843,000 in cash, deposits on call and share market investments.

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Victoria Petroleum (27 April 2000)

RE: KESTREL ENERGY ANNOUNCES SUCCESSFUL FRACTURING OF FRONTIER FORMATION IN GREENS CANYON-1 WELL, COMPLETION OF FLOW LINE FOR WELLS IN WYOMING'S GREEN RIVER BASIN AND PRIVATE PLACEMENT COMPLETED.
Victoria Petroleum NL advises that the company has a 18.5% indirect interest in the Greens Canyon Gas Project, in the major gas-producing Green River Basin in South-West Wyoming, USA, through its 18.5% holding in US-listed NASDAQ company Kestrel Energy Inc (Nasdaq SmallCap-KEST).
Kestrel Energy, Inc., the Operator and 100% interest holder before payout, issued a press release on April 25th, 2000 reporting successful fracturing of the Frontier Formation in the Greens Canyon-1 well, Greens Canyon Gas Project.

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Wedgetail Exploration (27 April 2000)

HIGHLIGHTS FOR THE QUARTER INCLUDE:

1. Acquisition of two Exploration Licences E46/446 and E46/449 (47 sqkm) located in the Nullagine area of Western Australia.
2. Pegging of one Exploration Licence (174 sqkm) and seven prospecting licences (1,164 Ha) in the Nullagine area of Western Australia.
3. Lodgement of prospectus with ASIC and ASX to raise capital for the company through a 1 for 4 non renounceable rights issue at 2.5 cents per share.

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Lakes Oil (26 April 2000)

Amadeus Petroleum (22 April 2000)

HIGHLIGHTS FOR THE QUARTER

US OPERATIONS
Gross revenue derived from oil and gas production was up US$80,671 to US$1,308,620 representing an increase of 6.6% from the last quarter.
The West Texas Intermediate posted oil price rose steadily during the period. Hedging contracts entered into during April and May 1999 with Norwest Bank Minnesota, NA in two tiers each based on 5,000 barrels per month were in effect. Total hedge costs for the quarter were US$287,755.

HIGHLIGHTS FOR THE QUARTER

US OPERATIONS

Gross revenue derived from oil and gas production was up US$80,671 to
US$1,308,620 representing an increase of 6.6% from the last quarter.

The West Texas Intermediate posted oil price rose steadily during the
period. Hedging contracts entered into during April and May 1999 with
Norwest Bank Minnesota, NA in two tiers each based on 5,000 barrels
per month were in effect. Total hedge costs for the quarter were
US$287,755.

ACQUISITIONS
During the quarter, the company acquired an 80% working interest in oil-producing assets from Remington Oil. The leases are located in Young County, Texas. The acquisition cost $US1.335 million, with an effective date of 1 January, 2000.

AUSTRALIAN OPERATIONS
On 28 February 2000, Amadeus Petroleum NL announced a placement of 6.25 million shares at a price of $0.16 under the provisions of the Australian Stock Exchange Listing Rule 7.1. The total raised was A$1,000,000.
The Directors of Amadeus Petroleum NL also announced an on-market share buy-back of up to 1% of the issued capital on 9 March, 2000. 170,095 shares have been purchased to the end of the quarter.

SYDNEY BASIN - NEW SOUTH WALES
Drilling on Glenmore No. 1 commenced in February, 2000. The well was subsequently plugged and abandoned. Drilling has recently commenced on the second target Fairlight No. 1.

EP380 - SAVORY BASIN, WESTERN AUSTRALIA
There was no exploration work undertaken during the quarter.

APPLICATION 10/97-8 - SAVORY BASIN, WESTERN AUSTRALIA
In April 1998 the Company applied for an exploration permit of the area which is located in the north-eastern part of the Savory Basin, onshore Western Australia and is yet to be notified of the outcome by the Department of Minerals and Energy due to Native Title uncertainty.

PRODUCTION AND SALES
Production for the quarter was derived from the Company's:

* 85.5% working interest in the Sunday Corporation leases located in Archer and Young Counties, Texas.

* 78.8% working interest in the Knox City unit.

* 85.5% working interest in the Clay County unit.

* 85.5% working interest in the Mobil-Arco Lease located in Gaines County, Texas.

* 76.25% working interest in the Wylie Lease located in Cottle County, Texas.

(The Remington Oil production has not been included in this quarter).

OIL
The Company's producing leases located in Archer Young County, Knox City, Clay County Unit, Gaines, Cottle County together with the LCS Production leases continue to be operated by Wichita Falls based TNT Engineering Inc.

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Argosy Minerals (22 April 2000)

Andover Resources NL ("Andover"), a wholly owned subsidiary of Argosy Minerals Inc, has advised the Ministry of Mines in Burundi of its declaration of force majeure pursuant to the Mining Convention between Andover and the Burundian government.
The ongoing instability in Central Africa and, specifically, the risk to personnel within Burundi which prevents the timely conduct of the feasibility study, has necessitated the declaration of force majeure. Andover will continue to monitor the situation with a view to withdrawing the force majeure declaration when circumstances permit.

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Australian Worldwide Exploration (22 April 2000)

AWE advises on behalf of its wholly-owned subsidiary AWE (Perth Basin) Limited ("AWEPB") that there was an incident involving a fire at AWEPB's 50% owned and operated Mt Horner oil field facility in the Perth Basin, Western Australia.
The Fire has been extinguished and fortunately no personal injury has been reported. A full investigation into the cause of the incident has been initiated.
Production operation will be suspended until the damage is assessed and repaired, and AWE's insurers have been notified.
Mt Horner was producing approximately 100 barrels of oil per day (50 bopd net to AWE) prior to the incident.

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Britannia Gold (22 April 2000)

EXPLORATION ACTIVITIES

JERVOIS PROJECT (MIM EARNING UP TO 70%)
During the Quarter, exploration at the Jervois base metals project continued via the farm in joint venture, reported previously, with MIM Exploration Pty Ltd (MIMEX). Under the terms of the joint venture MIMEX can earn a 70% interest in the joint venture tenements which includes the Britannia leases and two adjacent exploration licences, EL9518 and ELA10419 covering 117sqkm. MIMEX is required to expend $4 million over a five year period to earn 70% with a minimum expenditure of $500,000 before withdrawal. Should MIM earn its 70% equity, Britannia's retained interest will include 30% ownership of EL9518 and ELA10419.

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Caltex Australia (22 April 2000)

Caltex Australia Limited said today the company was very disappointed strike action will go ahead at its Kurnell refinery following a decision by the Australian Industrial Relations Commission to adjourn a hearing on the dispute between the company and the refinery plant operators. The refinery is now being progressively shut down in a series of steps that will be completed on Sunday morning.

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Central Kalgoorlie Gold Mines (22 April 2000)

FIRST QUARTER - HIGHLIGHTS

• Capital Raising of $720,535
• New Directors
• Due Diligence on Spool Media Pty Ltd
• Sale and Joint Venture on Kambalda West Project

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Cue Energy Resources (22 April 2000)

NEW INITIATIVES
The Company advises that the Directors of the Company, having considered the disappointing performance of the Company in the last 12 months, have now decided to take some new initiatives. It is advised that the Company's Board of Directors:

1. are planning to recommend to and seek its members approval for the issued capital of the Company to be re-constructed by way of a consolidation so as to substantially reduce the number of securities on issue; and
2. intend to enhance and further the Company's prospects by supplementing the Company's primary focus in the oil and gas business by seeking out and securing for the Company on the best achievable terms a project in the fast developing high technology related field. It is not being contemplated that it be a so called "dot.com" project.

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Duketon Goldfields (22 April 2000)

MARCH QUARTERLY REPORT - cick here for details.

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Goldfields (22 April 2000)

Porgera JV March Quarterly Production & Development Report
The high production rates achieved in 1999 continued into 2000 with Porgera producing 205,328 ounces of gold in the March quarter. This was 78% more than the corresponding quarter in 1999 and 3% below the previous quarter. The result was better than expected due to higher than projected ore grades in the Stage 3 pit.
Gold recovery was 73%, which was well below plan due to the treatment of marginal ore during repairs to an oxygen supply line in early January.

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Mosaic Oil (22 April 2000)

HIGHLIGHTS OF QUARTER

PURCHASE OF SANTOS AND PETROZ SURAT BASIN ASSETS
Mosaic took over Silver Springs Operations on February 24th 2000. The new Production Manager for Silver Springs is Tim Petersen - previously a Kinhill project engineer. He is based in Sydney and visits the site operations regularly. On site Mosaic has employed a number of previous Santos employees. Mosaic's Chief Geologist - Lan Nguyen is supervising the analysis of the 50 wells in the area in order to come up with methods to stimulate production. In March over 600 boxes of data arrived in Sydney. After sorting, technical material on the wells is being kept and catalogued.

MOSAIC FUND RAISING
Mosaic raised $1.3 million from the exercise of options expiring on December 31st 1999. A further $2.3 million was raised from a one for 10 pro rata issue of ordinary fully paid shares - each share with a free attached option to subscribe for an ordinary share at an exercise price of 25 cents per share up to the expiry date of 30th June 2002. Because acceptances closed after the Quarter, not all of these funds are reflected in the Quarterly Cashflow Report. The allotment and dispatch of certificates from the issue of 23,339,286 fully paid ordinary shares and 23,339,286 options occurred post Quarter on the day the Quarterly Report was released being 20th April 2000.
The funds raised from these issues and the issue of the converting notes in 1999 funded the Silver Springs acquisition of infrastructure and production assets for approximately $4.9 million dollars.

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Roc Oil (22 April 2000)

As of 06:00 am on 19 April, the Keddington 2 well had been drilled to a total depth of 578 metres. Well operation at that time was pulling out of hole in preparation to running to 10(3/4) inch casing, as per the well program. The well is to be drilled to a total depth of 2700 metres (2194 metres TVD) including a 400 metre horizontal section, and is targeting basal Westphalian Sandstones.

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Santos (22 April 2000)

Beckler 2 - has been cased and suspended pending completion as a Permian gas producer. The well reached a total depth of 2975m with 99m progress for the week. The rig was released on 19/4/2000 and is moving to Della 20, a unit gas development well in PPL 15.

Cuttapirrie 7 - Running abandonment programme. Cuttapirrie 7 reached a total depth of 2957m with no progress for the week. Subsequent testing of the Permian Epsilon. Formation failed to recover commercially producible hydrocarbons.

Challum 16DW - Changing out directional assembly prior to drilling ahead in Lateral 1. The current depth is 2750m MD with 90m progress for the week.
Challum 16DW is a high angle well with two sub- horizontal lateral well bores designed to drain separate reservoirs in the Permian Age Toolachee Formation.

Jabiru ST 2 - kicked off from 1354m in the Jabiru St1 wellbore and reached a total depth of 1830m with 476m progress for the week. Jabiru ST1 reached a total depth of 2161m MDRT. Jabiru ST1 has been abandoned and Jabiru ST2 has been plugged and suspended. The rig was released on 17/04/2000.
Jabiru ST2 was designed as a deviated oil development well in the Jurassic Plover Sandstone.

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Victoria Petroleum (22 April 2000)

Victoria Petroleum NL advises that, according to a press release issued on 14 April, 2000 by David Patterson Chairman of the EKHO Project consortium, the EKHO-1 well is reported to be coring ahead at a depth below 5,486 metres (18,000 feet).
The press release of 14th April 2000 is repeated as follows;

"David Patterson Chairman of the EKHO Project consortium is pleased to announce that the EKHO No.1 test well, spudded February 7, 2000, has drilled past 18,000 feet and has reached the Vedder Sands. The total target depth for the well is 19,500 feet. On the way to 18,000 feet the EKHO No.1 has passed through numerous zones of interest. These zones will be tested after the well has reached its target depth.

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Werrie Gold (22 April 2000)

MARCH QUARTER

CURNAMONA CRATON (South Australia)

BENAGERIE JOINT VENTURE
(Pasminco 70%, Werrie Gold option to acquire 30%)
Field activity was suspended during the quarter. An extensive review of the geochemical data collected by the Joint Venture from all previous programmes was carried out to identify new targets and determine optimal drill hole spacing for reconnaissance drilling. Key results from this review were as follows: -

• Additional discrete gold anomalies similar to the original Portia anomaly were identified.
• A number of copper - gold - molybdenum anomalies in both weathered and fresh basement rocks were outlined. One of these anomalies accurately outlines the North Portia mineralisation. The other anomalies represent potential targets.
• A zone of strong molybdenum anomalism is partially coincident with the most intensely magnetic part of the Benagerie Ridge complex. This is interpreted to reflect a deeper alteration system that has potential for Ernest Henry style iron oxide copper gold mineralisation.

A programme and budget for July to December 2000 has been proposed. The programme will develop the targets outlined above in addition to further drilling on existing prospects and target generation. Reconnaissance drilling of magnetic complexes other than the Benagerie Ridge Magnetic Complex will commence.

MT HOPE (South Australia)
(Werrie Gold 100%)
The Mt Hope Project comprises two granted exploration licences and one licence application for a total of 3,585 square kilometres in the southwestern Eyre Peninsula.
The belt of prospective Archaean volcanics and sediments identified at Mt Hope was extended in a reconnaissance stratigraphic drilling programme completed by the Department of Primary Industries South Australia (PIRSA). Geochronology has indicated the volcanics and sediments to be part of a previously unrecognised Archaean craton. The Company's tenements cover the prospective parts of the interpreted craton. Anomalous base metal and lesser gold values intersected by the PIRSA programme are encouraging given the gold and base metal anomalies identified in the Company's earlier drill programmes.
Potential targets in Archean rocks include volcanic hosted massive sulphide base metal / gold deposits and structurally controlled gold deposits.
A structural and geological interpretation of the Mt Hope project area based on recently completed airborne magnetics and past drilling information is in progress to select exploration targets. The company will be seeking a joint venture partner to fund further drilling.

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Western Metals (22 April 2000)

MARCH QUARTER - HIGHLIGHTS

• Underground drilling at Pillara intersected a previously unknown zone of mineralisation west of the F10 orebody. The intersection obtained was 22 metres assaying 6.6% zinc. Within this intersection is a zone of 9.7 metres at 9.4% zinc. Further drilling is underway to test continuity.
• The No 2 Lens chalcocite resource (Mammoth Mine) increased by 45% from 1.1 Mt at 5.8% Cu to 1.6 Mt at 5.7% Cu.
• Surface diamond drilling produced encouraging copper intersections at depth beneath the Esperanza pit, including 10.1m at 8.3% Cu. Further drilling is expected to extend the open pit limits.
• On 27 March 2000, the company announced that it had sold its holding of Pacmin Mining Corporation Limited, generating $5.4 million. The shares were acquired as part payment for the sale of Khartoum thus completing the sale for a total cash consideration of $14.4 million.

Acclaim Exploration (20 April 2000)

Acclaim has purchased a 60% controlling interest in two strategic tenements at Wingelinna (E69/1090 and 1091).
These tenements lie immediately west and surround the south of the Wingelinna Nickel Project. Acclaim Exploration NL is currently acquiring a 60% controlling interest in the Wingelinna Nickel Project.
A resource has been identified at Wingelinna by more than 110 kilometres of various types of drilling. The early resource estimates (which do not conform with the current Joint Ore Reserves Committee (JORC) requirements range from 54 million tonnes up to 130 million tonnes at grades of 1.2% nickel and 0.085% cobalt. The deposit commences at the surface and extends to a depth of approximately 46 metres.

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Astro Mining (20 April 2000)

THIRD QUARTER - OVERVIEW

INDIA
Laboratory processing and mineral observation of stream sediment samples continued during the March 2000 quarter. A total of 178 samples have been observed to date. A number of samples recovered chrome diopside, indicating a mantle source reflecting a rift related tectonic setting. Observation of the remaining samples is continuing and should be complete by mid May 2000. The Company continues to review other exploration opportunities in prospective areas of India.

AUSTRALIA
A Farm-in and Joint Venture proposal was entered into with Conquest Mining NL over tenements covering the current Bow River drainage and adjacent alluvial gravel terraces between the Argyle mine and the Company's tenements. A program of 52 exploration and 15 bulk sample pits is expected to Commence towards the end of the June 2000 quarter when ground conditions allow access for earthmoving equipment. Compilation of past exploration data over the Company's Northern Territory tenements confirmed that large areas remain relatively under-explored.

CHINA - QUANTUM-ASTRO JOINT VENTURE
No fieldwork was carried out during the March 2000 quarter due to the Northern Hemisphere winter period. In Shandong, probe results enhanced the prospectivity of the Mengshan area and follow up sampling has commenced. New areas were applied for, covering recently released, highly prospective but unexplored terrain surrounding the Pipe 701 diamond mine.

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Australian Gas Light Co (20 April 2000)

AGL has sold Industrial Pipe Systems Pty Ltd (IPS) its pipe manufacturing subsidiary, and related technologies to the Georg Fischer AG Group (Georg Fischer).
Mr Len Bleasel, Managing Director of AGL said that "The decision to sell IPS is consistent with our focus on investment, management and development of business activities in both the competitive and regulated sectors of the energy market place".
As part of the sale, AGL will enter into a strategic alliance with Georg Fischer to support the future development of the IPS gas distribution infrastructure technologies both in Australian and selected overseas markets.

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Australian Gold Resources (20 April 2000)

THIRD QUARTER - OVERVIEW

• Advancement of vanadium exploration
• Seven high priority gold targets detected at Gidgee
• Company moves into PGM exploration
• Nickel sulphide potential at Mt Thirsty

VANADIUM EXPLORATION
The market outlook for vanadium projects has improved recently in the light of higher vanadium pentoxide (V(2)O(5)) prices and the Company has a number of vanadium projects in its exploration portfolio.

YOUANMI PROJECT
At the Youanmi vanadium project (Inferred Mineral Resource 136 million tonnes @ 0.42% V(2)O(5)), scoping studies were progressed taking into account positive magnetic beneficiation results from transitional ore samples. Cost estimates for the project are being compiled to a (+/-)30% level of accuracy for both capital expenditure and operating parameters. The close similarities with the recently commissioned Windimurra project suggest comparable project economics to Youanmi. Investigation of the project economics of ferrovanadium (FeV) production will commence in the June 2000 quarter.

BUDDADOO PROJECT
At the Buddadoo vanadium project, preparations for resource drilling were advanced to assist compilation and validation of previous explorers' data. Geological mapping and open file searches revealed further significant V(2)O(5) mineralisation with drill hole results to 0.9% V(2)O(5). A detailed magnetic survey has been completed over the project area to provide detail on the vanadiferous magnetite horizons where outcrop is poor. Economic appraisal of the Buddadoo project will benefit from its proximity to the Dampier - Bunbury gas pipeline.

ROEBOURNE PROJECT
At Roebourne in the Pilbara, exploration commenced at the Andover layered intrusion. The Andover project displays strong geological similarities to Tanganyika Gold NL's Balla Balla vanadium project. Field studies to date have focused on surface mapping and locating previous explorer's drill sites.

NARNDEE PROJECT
At the Narndee intrusion (60 kilometres south of the Windimurra vanadium project), the Company has completed a detailed aeromagnetic survey over its new vanadium discovery at Watson's Well. Peak assays in rock sample regularly exceed 1% V(2)O(5).

GOLD EXPLORATION
GIDGEE PROJECT (WHOLLY OWNED)
At the Gidgee Gold Project, approximately 630 kilometres north-east of Perth, the Company commenced a review of targets considered highly prospective for gold mineralisation. Twenty two target areas have been identified based on a combined interpretation of aeromagnetic data, regolith mapping, historical drilling results and surface geochemistry. Seven of these targets have been ranked as high priority prospects requiring expedited follow-up.

PLATINUM - PALLADIUM EXPLORATION
The Company's focus on layered ultramafic - mafic intrusions for vanadium exploration yields the added benefit of a strong exploration portfolio for platinum - palladium group metals (PGM) which occur in similar geological environments.
The Company has commenced a review of the platinum potential of its Windimurra, Youanmi, Buddadoo and Andover properties in the light of a positive outlook for platinum and technological advances in PGM metallurgical recovery.

NICKEL - COBALT LATERITE EXPLORATION
MT THIRSTY PROJECT (WHOLLY OWNED)
The Mt Thirsty project, 15 kilometres north-west of Norseman, contains a modest nickel cobalt resource of 2.5 million tonnes with individual resource blocks up to 1.1% nickel and 0.3% cobalt. A small drilling program to extend the high-grade ore is planned. Reconnaissance during the March 2000 quarter focused on the along-strike potential of the prospective horizon for a further six kilometres north of the existing resource. Attention has also focused on the nickel sulphide potential of the area with interest expressed by a major nickel sulphide producer.

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Caledonian Pacific Minerals (20 April 2000)

The suspension of trading in the securities of Caledonianwill be lifted before the commencement of tradingon 20 April 2000, following release of a notice of meeting and explanatory memorandum providing details of the Company's proposed acquisition of Quadtel International Pty Ltd (formerly iServe Pty Ltd). The Company proposes to change its name from Caledonian Pacific Minerals NL to Quadtel NL.

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Central Pacific Minerals / Southern Pacific Petroleum (20 April 2000)

Mr Jim McFarland has been appointed Managing Director of Southern Pacific Petroleum NL and Central Pacific Minerals NL.
Mr McFarland brings a wealth of oil and gas experience to the Companies with more than 26 years international experience in the oil and gas industry spanning Canada, the United States, the United Kingdom and Western Europe. He has had long involvement in developing Canada's oil sands industry, a particularly relevant experience for SPP and CPM.

STUART STAGE 1 COMMISSIONING UPDATE
In the last month we have made significant progress in mapping out the path forward to resolve a number of issues that have delayed the commissioning schedule.
Following extensive review and additional input from emissions specialists, the Stuart project operator, Suncor Energy Management (Suncor), has developed a program to improve the management of air emissions from the Stage 1 plant and the performance of other key plant operations including shale preparation and fines management. This program is already underway and we are now targeting completion of plant commissioning by year-end 2000.

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Cluff Resources (20 April 2000)

Cluff announced that it had established a Share Purchase Scheme. The Share Purchase Scheme provides eligible shareholders, irrespective of the size of their share holding, with the opportunity to purchase listed shares in multiples of 10,000 shares from a minimum investment of $400.

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Contact Energy Limited (20 April 2000)

Contact announced today that it has been successful in acquiring Orion's gas trading business. The acquisition will make Contact New Zealand's largest gas wholesaler and retailer and is a further step towards Contact becoming the country's leading integrated energy company.
The Orion business supplies gas to some of New Zealand's largest gas users, who account for approximately 20% of reticulated gas sales in New Zealand. Annual revenues for the business exceed $40 million.
Under the purchase agreement with Orion, Contact will pay $5.79 million for the business, plus an amount to reflect unbilled sales and debtors.

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Consolidated Rutile (20 April 2000)

FIRST QUARTER - SUMMARY

The Gordon mine was closed on 24 February 1999 and the dredge and concentrator were relocated to the Yarraman deposit. The impact on Drymill production in the first half of 1999 was minimal with high concentrate stocks ensuring a smooth flow of products from the Pinkenba Drymill.

Rutile and zircon production for the 3 month period ending 31 March 2000 was lower than the corresponding period due to a lower contribution from Yarraman during the post commissioning increase to full capacity and minimal concentrate stocks at the beginning of January 2000.

Ilmenite production for the 3 months to 31 March 2000 is considerably lower than the previous corresponding period due to the completion of a major sales contract in the first quarter of 1999. New markets are being developed for sales in 2000.

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Croesus Mining (20 April 2000)

Croesus announced that it had reached agreement to acquire a 100% interest in the Davyhurst Gold project from NM Rothschild & Sons.
The 560sqkm project has gold resources of approximately 400,000 ounces and the acquisition includes a 1.3mtpa gold treatment plant and associated infrastructure.
Project tenements consist predominantly of granted mining leases providing maximum benefit for mining and exploration development.
Consideration for the project is

• Three million dollars cash - payable in 3 equal 6 monthly instalments of $1 million each.
• One million fully paid ordinary Croesus Mining NL shares.
• Two million 35 cent, five year options.

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Energy Resources Australia (20 April 2000)

THIRD QUARTER - SUMMARY

Profit after tax for the March quarter was $3.0 million (1999:$0.8 million) with year to date profit at $22.2 million (1999:$6.2 million)
Earnings before interest and tax for the March 2000 quarter was $9.4 million (1999:$2.3 million) and the current year's earnings to date was $26.4 million (1999:$15.4 million)
The increase in EBIT compared to the corresponding periods in the previous year reflects the higher sales tonnes during the quarter and year to date (timing difference and some additional tonnage). However this has been offset to some degree by lower sales prices as a result of a higher proportion of contract sales being related to the spot market.

The increase in NPAT for the nine months to 31 March 2000 compared to the previous year reflects the underlying impacts discussed above together with the recognition in the December 1999 quarter of an abnormal income tax benefit of $12.3 million. This benefit arose from the restatement of ERA's deferred tax balances following the announcement of reductions in the corporate tax rates from July 2000 and July 2001.

MARKET
As at 31 March 2000 the spot market was US$9.20 per pound U(3)O(8) (1999:US$10.85). The spot price continued to soften due to low utility spot demand and the availability of secondary material entering the market from the disposal of highly enriched uranium and excess inventory disposal by the US Enrichment Corporation.
During the quarter ERA signed one long-term contract for the supply of uranium to a US customer. In addition ERA has commenced the repayment of uranium loaned to ERA by JAURD under an agreement signed by the parties in February 1997. ERA expects to fully repay the loan under the terms of this agreement by the end of the current financial year.

PRODUCTION
Production increased by 10.6 percent to 1,165 tonnes for the quarter (1999: 1,053 tonnes) in preparation for planned maintenance of the plant during the fourth quarter.
Total production for the nine months to 31 March 2000 was 3,233 tonnes (1999: 3,639 tonnes) with full year production expected to remain at approximately 4,000 tonnes in line with the Company's announcement in January 1999.

EXPLORATION & EVALUATION EXPENDITURE
The Company did not undertake any exploration expenditure during the quarter.
ERA capitalised $1.1 million of development expenditure with regard to the Jabiluka Project. This expenditure related primarily to evaluation work and environmental commitments.

DEVELOPMENTS
On 9 January 2000 the new Section 41 Authority for the Ranger Project Area came into effect allowing the continued operation of the Ranger project for a further 21 years. As advised previously, while the term of the lease is assured the NLC has reserved the right to renegotiate the environmental and financial terms of the lease. The NLC has advised it wishes to resume these negotiations in the fourth quarter.
ERA has continued to review the development plans for Jabiluka.

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Eromanga Hydrocarbons (20 April 2000)

THIRD QUARTER - SUMMARY

EL 4223 CASTERTON & EL 4275 CASTERTON EAST
Only two outstanding items remain to complete the transfer of Exploration Licences 4223 "Casterton" and 4275 "Casterton East" to Eromanga Hydrocarbons NL from Golden Triangle Resources NL. On completion of the transfers, exploration will then be able to recommence with the principal targets of gold and gold/copper mineralisation.

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Galilee Energy (20 April 2000)

Drilling has commenced at site and one well has been spudded with drilling continuing.

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General Gold Resources (20 April 2000)

There have been a number of developments recently, commented upon under the following headings: Placement, Smart Guide 2000 and Yimuyn Manjerr Gold Project.

PLACEMENT
Due to the uncertainty surrounding the current market conditions, the previously announced placement to clients of CIBC World Markets Securities Australia Limited has been deferred, and discussions will continue in the coming weeks.

SMART GUIDE 2000
As a consequence of the deferral of the placement, the Board advises that finalisation of the Smart Guide 2000 investment has been extended. Due diligence to date confirms the potential of this e-Commerce opportunity, and provided funding can be arranged then it is expected that this investment will proceed.

YIMUYN MANJERR GOLD PROJECT
The Board is pleased to advise that the Company and Multiplex Resources Pty Ltd ("Multiplex") have purchased from Pegusas Gold Australia Pty Ltd (Subject to Deed of Company Arrangement) ("PGA") their remaining 4.77% of the Yimuyn Manjerr Gold Project. The purchase price of $500,000 for the total interest has been shared equally between General Gold and Multiplex, increasing the respective interests in the project, in the case of General Gold to 4.3%, and for Multiplex to 95.7%. In addition the balance of the original purchase consideration payable to PGA (General Gold's share $294,737) has been deferred, and payments will now be staged with $10,526 payable immediately, $63,158 due on 18 June 2000, and the balance of $221,053 due on 18 September 2000.

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GME Resources (20 April 2000)

THIRD QUARTER - HIGHLIGHTS

• GME and Western Metals Ltd combine their lateritic nickel interests to create a new stand alone project in the Murrin Murrin area.
• GME granted an option to Aurora Gold to purchase the Bindah project for $95,000.
• A capital raising of $1.35 million by way of a share placement was completed.

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Golden Heritage Mining (20 April 2000)

GHM has entered into discussions for an exclusive (but non-binding) period of 30 days to negotiate the potential acquisition of the business of Address Express Pty Ltd (ACN 076 674 970) (Address Express). The directors of Address Express have identified a unique sales and marketing opportunity within the relocation market (valued over $50 million in sales per year Australia-wide). To satisfy and capitalise on the opportunities, the principal has incorporated and registered the name Address Express, developed a prototype software program to facilitate the notification service and devised a sales and marketing plan to capitalise on the potential opportunities.

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Great Central Mines (20 April 2000)

THIRD QUARTER - SUMMARY

Gold production declined 18 percent. Jundee open pit mining was hampered by heavy rainfall, although Barton Deeps underground operations performed to plan, Bronzewing production was affected by a Discovery stope crown pillar failure, with remedial work expected to be completed before June. This, associated with contractor change-over and restructuring of the underground mining contract, resulted in lower than planned production. Wiluna production, however, was 16 percent above forecast.
Average Production and Costs were : 156,278 ounces produced at a total cash cost of A$360/oz for a total production cost of 468/oz.

EXPLORATION
Expenditure on exploration was S2.14 million.
Drilling of the Hughes structure at Jundee returned best intercepts of 8.8m at 122g/t from 380m and 7m at 18.6g/t from 352m. The mineralisation is open down dip and along strike and is potentially accessible from the Barton Deeps decline. A new zone of mineralisation was intersected in the Nim-3-Lyons structure hanging wall (6.5m at 180g/t from 557m). Two high-grade zones were intersected on the Cardassian structure (12m at 22.2g/t from 76m, 4m at 39.6g/t from 92m), increasing the likelihood Of this mineralisation continuing northwards.

At McClure, a drillhole below the laterite pit intersected 4m at 15.8g/t from 240m in the Lotus structure. RAB drillng at Karra, south of McClure, defined a 1,500m long anomaly, and RC drilling is planned. At Dragon, I8km south, drilling beneath the pit intersected 17m at 4.2g/t and 15m at 3.0g/t.

At Wiluna, drilling in the north of East lode delineated two mineralised zones above old stopes, and defined mineralisation in an untested area at the southern end of West Lode (70m at 3.8g/t from 172m). Drilling in West Lode improved confidence in the existing model and indicated a potential resource increase. Modelling is in progress.

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Gutnick Resources (20 April 2000)

MARCH QUARTER - OVERVIEW

Gold Discoveries - Southern Laverton Tectonic Zone ("SLTZ")
High grade gold intercepts were returned at the Saxon Extended prospect within the Southern Laverton Tectonic Zone. Drill intersections include 16 metres @ 10.6 g/t gold from 48 metres depth, 16 metres @ 5.2 g/t gold from 40 metres depth, 8 metres @ 7.9 g/t gold from 100 metres depth and 12 metres @ 9.7 g/t gold from 228 metres depth.

High Grade Nickel and Cobalt - Four Corners
High grade nickel and cobalt results were returned from the Central Zone of the Four Corners project, west of Menzies. A best intersection of 12 metres @ 1.24% nickel from surface is supported by strong cobalt credits (4 metres @ 0.24% cobalt from surface).

Magnesium - Four Corners & White Eagle
High grade magnesia Intercepts exceeding 40% MgO were returned in proximity to the nickel laterites of the Four Corners project. Additional magnesite intercepts were encountered along a contact zone at the White Eagle prospect.

Gold - Rand Project
Follow up work planned to determine the source of significant gold anomalies.

Tanami Gold Strategic Alliance
A planning meeting between the Company and Tanami Gold NL ("Tanami Gold") has advanced the geological understanding of the area and expanded the exploration potential. A field review will investigate the potential synergies of the Tanami Gold areas with the Rand Project.

Corporate - the Company announced a 1 for 1 bonus issue of ordinary shares.

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Icon Oil (20 April 2000)

MARCH QUARTER

During the quarter Icon acquired a 100% working interest in ATP610P which is in the Surat Basin in Queensland. This area was assigned to Icon when the joint venture partners withdrew.

Icon has entered an agreement with Queensland Gas Co Pty Ltd to drill up to eight well bores to test the coal bed methane gas potential of the Walloon Coal Measures in four areas;
ATP610P, ATP620P, ATP632P and ATP648P.

Icon will be carried through this drilling programme and Icon’s interests in the shallow rights will be reduced to:

* after completion of farmin from Pangaea Oil & Gas Pty Ltd

The drilling programme is expected to commence as soon as Native Title issues can be dealt with. The permits contain significant areas which are covered by freehold or equivalent title.

The farmin by Queensland Gas Co Pty Ltd is subject to its proposed capital raising.

For additional information on Icon Oil, click here.

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Johnson's Well Mining (20 April 2000)

THIRD QUARTER - OVERVIEW

Central Victoria Gold Project - application was made for tenements covering 3,700 square kilometres in Central Victoria targeting large gold deposits.

Gold - Rand Project, Northern Territory - follow up work planned to determine the source of significant gold anomalies.

Gold - Duketon Areas - regional exploration targets have been identified and prioritised for drill testing.

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Jubilee Mines (20 April 2000)

Jubilee is continuing to explore the Cosmos Deeps massive nickel sulphide deposit with diamond core drilling. The Company is pleased to announce that a recent hole has intersected two zones of high grade nickel mineralisation which significantly expands the size of the mineralised zone. Details of the intercepts are:

JCD 108 (6944620mN/260980mE;-60 deg/270 deg)

10.5% Ni over 12.35 metres from a depth of 552.50m; and

4.1% Ni over 1.85 metres from a depth of 584.25m.

This hole has extended, by a further 40 metres, the known strike length of the Cosmos Deeps mineralised zone. It indicates that the large widths and high grades of mineralisation intersected in earlier holes continue along strike. The mineralisation remains open and exploration is continuing.
Drilling results received to date indicate that the Cosmos Deeps deposit is likely to be larger than and of a similar grade to Cosmos.

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Julia Mines (20 April 2000)

MARCH QUARTER - EXPLORATION SUMMARY

BRANDY HILL
(Molong Joint Venture, Julia 20%, Allco Finance 80%)
During the Quarter 2,765 metres RAB and 1,726 metres of aircore drilling were completed at Brandy Hill in the Yalgoo Mineral Field. This drilling targeted arsenic, antimony and gold associations in surface lag geochemistry results. Also, evaluation of an ultramafic-mafic sequence of rocks for nickel sulphides and Platinum Group Metals (PGM) continued.
Gold results from this drilling explained some of the lag geochemistry however overall the grades were low. Best numbers included 4m @ 0.92 g/t gold from 8 metres (BHRB209) and 8m @ 0.20 g/t gold from 44 metres (BHRB213). These values were associated with narrow quartz veins and above background arsenic and antimony assays. In hole BHAC296 a zone of intense quartz - arsenopyrite veining and alteration contained 0.1 g/t gold and 0.5% arsenic.
Of particular significance however, drilling across a broad ultramafic sequence produced encouraging nickel, platinum and palladium assays. Rock types included talc carbonate schists, komatiite, dunite and other intrusive ultramafic rocks in a possible layered intrusive complex. Assays included 4m @ 0.55% nickel, 224 ppb platinum and 98 ppb palladium. Further assaying of these samples will be completed to help evaluate their significance.

DINGO RANGE JOINT VENTURE
(Julia 50% Manager, Gawler Gold and Mineral Exploration NL 50%)
During the quarter a detailed airborne geophysical survey was completed on the new Carnegie tenement to the South of Dingo Range (E37/567). Radiometric, DTM and magnetic data were acquired over a total area of 185 sq km at 50 metre line spacing.
The final processed and imaged data sets have been received and show a number of exciting structural targets for gold and basemetal exploration. This area will be a major focus of field work in 2000 as the ground appears to contain up to 18km strike length of unexplored greenstonee on known mineralised trends.
Recently the Dingo Range Joint Venture approved to a 12 month budget of $1.0 million for the Project. Most of this will be spent on drilling at Carnegie and continued evaluation of more advanced gold and base metals prospects.

Currently, a 2500m RC and diamond drill program has commenced on the Boundary Resource to test for extensions of this deposit. A 16,000 metre RAB drill program is scheduled to also commence in the current quarter, weather permitting. Results of these programs will be reported in due course.

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Lakes Oil (20 April 2000)

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Monto Minerals (20 April 2000)

THIRD QUARTER - OVERVIEW

PROJECT FUNDING

• Heads of Agreement for the potential development of the Goondicum Crater Ilmenite and Synthetic Rutile projects signed.

GOONDICUM CRATER ILMENITE AND TITANO-MAGNETITE PROJECT

• January 2000 drilling program expands resource by approximately five million tonnes.
• Resource tonnages expected to increase by 8% as a result of higher density measurements.
• Alternative water supply identified. Water bore drilling and development to commence once authority granted.
• Mineral Separation Plant (Dry Plant) not required for ilmenite and titano-magnetite production.

BY PRODUCTS

• High grade apatite is expected to add to revenue stream without significant additional cost.

MARKETING

• Marketing efforts expanded to include apatite for fertiliser industry.
• Ilmenite prices continue to climb.

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Nexus Minerals (20 April 2000)

The securities of Nexuswere suspended from quotation from the commencement of trading on Wednesday 19 April 2000, at the request of the Company, pending the release of an announcement.

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Normandy Mining (20 April 2000)

THIRD QUARTER - OVERVIEW

FINANCE

* Net profit, $26.4 million (unaudited)
- nine months, $92.9 million (unaudited), up 20 percent
* Interim dividend distribution, $43.5 million paid 13 March 2000
* Hedging - no new or replacement commitments

GOLD

* ATTRIBUTABLE PRODUCTION

- 419,477 ounces (485,502oz)
- Total cash cost, $313 per ounce ($300/oz)
- Attributable gold sales, 420,083 ounces (491,928oz) at an average realised $567 per ounce ($558/oz)
- Margin, $254 per ounce ($258/oz)
- Protracted, heavy rainfall disrupts several operations
- Increased fuel prices adds to costs

* DEVELOPMENT

- Kalgoorlie, flotation circuit upgrade commissioning due June 2000
- Boddington Basement, flowsheet agreed, 22Mtpa throughput likely
- Martha (New Zealand), expansion optimisation continues
- Perama (Greece), site location environmental application approved
- Yamfo-Sefwi (Ghana), feasibility on schedule for August 2000

* EXPLORATION

- Heavy rainfall delays several exploration programmes
- Boddington Basement, resource increase indicated by northern drilling
- Jundee, high grades intersected in deeper drilling
- Callie, deep drilling continues to intersect strong mineralisation
- Yamfo-Sefwi (Ghana), Area E infill drilling confirmatory
- Kenbert (Ghana), strike extent of mineralisation increased to 1.5km.


NON-GOLD

* ZINC (Golden Grove)

- Zinc concentrate production - 51,016 tonnes (64,989t)
- Average realised price US47.2 cents per pound (US51.9c/lb)
- Substantial, high grade intersections at Amity and Catalpa

* COBALT (Kasese)

- Plant modifications on schedule for June 2000

* MAGNESIUM

- Feasibility study released - US64 cents per pound operating cost

* INDUSTRIAL MINERALS

- Australian and Malaysian revenues and earnings improve

CORPORATE

* Normandy NFM - interest increased to 84.86 percent
* Events after quarter end (5 April 2000)
- Great Central Mines, outstanding 42 percent interest acquired
- Australian Magnesium, equity to be sold to Queensland Metals Corp.
- Normandy Industrial Minerals, sale negotiations well advanced

Previous quarter figures in brackets.

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Norwest Energy (20 April 2000)

Norwest is poised for its most exciting period of growth since the company floated in 1997, with involvement in two highly prospective wells in the Timor Sea.

The first well, Puffin 5, is scheduled for June this year and will be drilled by the semi-submergible drill rig "Ocean General". Following the successful farmout to Alberta Energy of Canada, Norwest retains 20% free-carried interest through the drilling of Puffin 5. This prospect has the potential to contain recoverable reserves of 75 million barrels of oil.

The second well, Coleraine 1, will be drilled on a structure with the potential to contain 200 million barrels of oil, of which 150 million recoverable could be contained within ZOCA96-16. Norwest retains 14% equity in the ZOCA96-16 project, in which Phillips will fund approximately 94% of drilling and, if warranted, testing of the Coleraine 1 well. Norwest Energy will fund approximately 6% of such costs.

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Nugold Hill Mines (20 April 2000)

Nugold has now received confirmation that the long awaited exploration permit covering the Sunshine epithermal gold prospect in Mindanao, Philippines has been issued by the Department of Environment and Natural Resources and the Mines and Geosciences Bureau to Boston Mineral Mining Corporation (Boston). Boston is the applicant and the company incorporated by the small scale mining permittees.
The exploration permit will be transferred under the current arrangements with the holders to Sunlight Resources (Philippines) Inc, a company held 70% by Sunshine Gold Pty Ltd, a fully owned subsidiary of Nugold Hill Mines NL, 20% by Boston and 10% by Fil-Aus Mining Corporation.

The company believes that the Sunshine gold project is a significant high grade epithermal gold/silver deposit that has never been drill tested or subjected to modern exploration techniques. Preliminary geological investigations have shown that the gold mineralisation occurs in a low sulphidation quartz vein stockwork over an area of approximately 700m by 300m. The bonanza style quartz veins are worked by hand by small scale miners in shallow pits, adits and dog holes.

The company intends to move rapidly towards finalising this matter and progress activity on the tenement.

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Pancontinental Oil & Gas (20 April 2000)

THIRD QUARTER - HIGHLIGHTS

• Execution of Farmout Agreement with Philippines National Oil Company, for the drilling of Fuga Island.
• Execution of Access Agreement with the owners of Fuga Island.
• Expanded acreage position in southern onshore Carnarvon Basin, by unitising of EP369 with adjoining EP405 and EP410 permits.
• Appointment of Mr H D Kennedy as Chairman.

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Pilbara Mines (20 April 2000)

PILBARA subsidiary, Request DSL Pty Limited (Request DSL) has formally been accepted into the ULL trial by Telstra.

"This is a major milestone in the development of our services and provides positive proof to the market that the ACCC's declaration of the ULL is bearing fruit and that the associated exchange co-location issues can be surmounted" said Request's Managing Director, Mr Greg Pennefather. "Telstra is on record as saying they would make this happen and they are" he said.
Following discussions with Telstra Wholesale, Request DSL has been admitted to the trial of the unconditioned local loop (ULL) and granted co-location access to the exchanges earmarked for the trial.

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Platsearch (20 April 2000)

Preliminary Drilling Results-Centennial JV Broken Hill

Assay results from a programme of 22 RC percussion drillholes have now been received. The drillholes were completed by joint venturer Triako Resources Limited ("Triako") and were located on a series of prospects in the Centennial area EL 5479, shown on the accompanying map. Those prospects were selected on the basis of detailed RAB drilling, geological mapping and rock-chip sampling completed by Triako in late 1999.

All 22 drillholes intersected strongly anomalous zinc values ranging from wide intervals (5 to 36 metres) at low grades (0.5) to 2% zinc) to narrower higher grade intervals up to 3 metres at 8.9% zinc. Some high lead and silver values were also obtained (1 metre @ 125g/t silver, 6.46% lead). The more significant intersections are shown in the following table. A full tabulation and report on the results will be presented and announced following completion of check assaying, compilation of geological logging and plotting of drill sections.

The joint venture partners regard these results as highly encouraging, given that this is the first drilling programme completed by the joint venture in this area and the holes are relatively shallow. It is likely that follow up drilling to search for lode extensions along strike and at depth will be undertaken.

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Portman Mining (20 April 2000)

Shareholders in Portman Mining Limited today approved a change of name to Portman Limited as the Company unveiled plans to diversify into a more broadly-based investment group.
At the Company's annual meeting in Perth, shareholders approved a range of resolutions including the name change and the declaration of a full-year unfranked dividend of 5 cents a share. Portman's Chairman, Mr George Jones, said the name change marked a significant change for the Company as it moved to establish itself as a diversified investment management company with a portfolio of interests designed to enhance the value of the Company.

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Queensland Metals Corp (20 April 2000)

THIRD QUARTER - OVERVIEW

MAGNESIA OPERATIONS (QMAG)

• Strong world steel production maintained refractory magnesia demand.
• Sales volumes of electrofused magnesia - 6,549 tonnes (up almost 30 percent on March '99Q).
• KG2 development work commenced with mining activities forecast in June 2000.
• AMC feasibility incorporates a major magnesite supply arrangement with QMAG.

MAGNESIUM METAL PROJECT (AMC)

• Feasibility Study completed:
  - Confirmation of AMC's economic and technical attributes.
  - Project capital costs estimated at A$1.13 billion.
  - Confirmation of AMC's potential as a world, low cost producer.
  - Demonstration of significant underlying value in AMC
• Appointment of funding team.
• AMC ownership optimised under QMC.
• Funding finalisation and commercialisation decision targeted for 3Q 2000.
• Mr Rod Sharp appointed CEO of AMC.
• $4.3 million invested in AMC for the quarter.

OTHER ACTIVITIES

FLAMEMAG:

• Interim review positive, finalisation of Feasibility Study targeted for end 2000.

FINANCE AND CORPORATE,

• Cash balance of $16.4 million as at 31 March 2000, after repaying $1.0 million off the QMAG Debt facility.
• Allotment of 0.58 million QMC Shares for services rendered by CSIRO for Flamemag.
• Dr Darryl Smith resigns from the Board.

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Red Back Mining (20 April 2000)

THIRD QUARTER - HIGHLIGHTS

• Chirano resource upgrade to 13.46 million tonnes grading 2.4g/t for 1,036 million ounces
• New 5,000m drilling program in progress to test for high grade shoots
• Revised Chirano resource estimation to be completed by June 2000
• Chirano prefeasibility on track for completion by August 2000

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Rimfire Resources (20 April 2000)

HIGHLIGHTS

• Rimfire has discovered that in young geological terranes such as at Bingara, eclogitic minerals are the key indicators, while peridotitic indicator minerals are rare.
• This is important scientific research because the well-established exploration techniques, which found ancient diamonds in ancient terranes, do not apply in young geological terranes such as the Bingara-Copeton region of NSW.
• The Rimfire pilot study of 52 stream sediment samples from Bingara, NSW confirms the presence of abundant eclogitic and rate peridotitic indicator minerals, recovered from 4410 kgs of material.
• This abundance of diamond indicator minerals and angular grain shapes indicates they have derived from previously unknown diatremes and have not travelled far from the primary source(s).
• Garnets were recovered from 35 sites, and 464 garnet grains were analysed for major elements that concluded 128 grains were indicator minerals of interest.
• These garnets indicate that subducted basaltic crust has been sampled and the key indicators have sufficient sodium to place them beyond the range of normal eclogitic garnets and potentially within the subduction diamond stability field.
• Most garnets from the study area have distinctive angular and broken grain shapes that indicate explosive activity are most likely derived from previously unknown diatremes.

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Roc Oil (20 April 2000)

Petrobras UK Limited (Petrobras), as operator for and on behalf of the Blane Joint Venture, in which ROC has a 15.24% interest, has formally advised industry contractors that it is currently evaluating and wishes to progress, the development of the Blane Oil Field in the UK North Sea.

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Ross Mining (20 April 2000)

MARCH QUARTERLY REPORT - HIGHLIGHTS :

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Straits Resources (20 April 2000)

SUMMARY

• Revenue of $26.3 million for the quarter.
• Total mine production of copper cathode up 4% to 8219t.
• Attributable copper cathode production of 6,158 tonnes for the quarter maintained the better performance trend evident in the previous quarters.
• Girilambone copper cathode production up 17% to 4178t at a cash cost of US$0.47/lb.
• Nifty cash operating cost averaged US$0.57/lb, down from US$0.63/lb previously.
• Coal production of 333,000 tonnes for the quarter in line with budget.
• Work continues on expansion of production capacity at Nifty to 25,000 tonnes per annum.
• Further copper intersections at Tottenham Project.

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Shield Equities (20 April 2000)

INVESTMENT IN NEW ASIA PACIFIC UNDERSEA CABLE SYSTEM

Layer 2 Communications Group Limited (Layer 2), in which Shield Equities is acquiring up to an 80% interest, has entered into an agreement to participate in a US $1 Billion project to build the largest and most advanced cable system in the Asia Pacific Region.

The system known as the Asia Pacific Cable Network 2 (APCN 2) will be spearheaded by 25 telecommunications companies such as Cable & Wireless Global Network, Cable & Wireless HKT, China Telecom, Global One, Layer 2, MCI WorldCom, Telstra and Williams Communications.

"The involvement of Layer 2 in APCN 2 is seen as a major step forward in its plans to develop a global network infrastructure servicing telecommunications carriers and multinational corporations", said Director of Shield Equities, Colin Carson. For details, click here.

Amadeus Petroleum (19 April 2000)

The revised target depth of Fairlight No.1 is now 940 metres, which is 220 metres deeper than originally planned.
The well is presently at 717 metres and coring will continue through to the new target depth. Slight oil shows were encountered between 706 metres and 717 metres.

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Beach Petroleum (19 April 2000)

HIGHLIGHTS - THIRD QUARTER
As compared to previous corresponding period:

• Beach's oil production was boosted by approximately 31%
• an average sales price of AUD43.88 per barrel was realised, compared to AUD19.00 during 1999 March quarter

As a result, Beach recorded a 132% increase in Oil Sales Revenue for the quarter compared to the previous corresponding period.
The unaudited management accounts to the end of February 2000 indicate a profit of approximately $1.4 million before Abnormal Items and Taxation.
Beach presently holds cash reserves of approximately $4 million (not taking into account net proceeds from the present Rights Issue).

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Coal & Allied Industries (19 April 2000)

Excerpts - Chairman`s Address to Shareholders

At last year's Meeting, I forecast that trading conditions would be difficult in the coming year because the oversupply of coal in the marketplace would adversely affect prices, and consequently squeeze margins.
While my forecast did eventuate, I am pleased to report that Coal & Allied had a year of good performance in the face of these increasingly difficult trading conditions.
Sales revenues were $528.1 million compared with $588.3 million in 1999. Our average coal price received in US dollars was down 14.3% and when combined with the stronger Australian dollar the average price in local currency terms was down 16.2%, compared with 1998.

We reported a consolidated profit after tax of $67.6 million compared with $88.5 million in 1998. Reduced US dollar coal prices and the stronger Australian dollar accounted for a reduction of $56 million in operating earnings. The full impact of lower coal prices was partly offset by higher sales volumes, following the purchase of the Howick mine, and a reduction in costs. This had a positive impact on operating earnings of $32.4 million.

We achieved this result by remaining focused an productivity improvements and reducing costs. The continuing fall in coal prices demonstrates the need to further lift productivity and reduce costs at all of our operations.

The Directors declared a final dividend of 45 cents per ordinary share and 1.75 cents per preference share. Both dividends were paid on 21 March and were fully franked. Those final dividends made a total dividend for the year of 80 cents per ordinary share and 3.5 cents per preference share.

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Diamond Rose (19 April 2000)

HIGHLIGHTS - QUARTERLY REPORT - THIRD QUARTER MARCH 2000

• Substantial Kimberlite Cluster indicated at Upper Beta Creek
• Negotiations with respect to the Gemstone Agreement concluded
• US Marketing report indicates significant US market potential for gemstones

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Golden Triangle Resources (19 April 2000)

HIGHLIGHTS - QUARTERLY REPORT - THIRD QUARTER MARCH 2000

MURRAY BASIN PROJECT - EL3540 Nine Mile
Application has been made to reduce the area of the original tenement to the minimum required to contain the substantial 876 million tonnes mineral sands resource.

GOLD & COPPER/GOLD
Havilah Resources NL completed a second drilling program on the northward extension of the Fones Reef line of lode from the Burkes Flat mine site.
Transfer requirements for Exploration Licences 4223 and 4275 to Eromanga Hydrocarbons NL were expected to be completed during the next quarter.

NEXT QUARTER PROPOSALS
Determination of the Woodsteel Project refinery site location and the process flow sheet is expected to be achieved during the quarter, allowing the go-ahead for the Definitive Feasibility study.

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Henry Walker Eltin Group (19 April 2000)

Leading Australian contractor Henry Walker Eltin has expanded its business and capabilities further through the acquisition of Simon Engineering Australia from Simon Group plc for consideration of $6.7 million. The purchase is subject to the satisfaction of conditions precedent.
Simon Engineering Australia is a mechanical, process and electrical engineering contractor with annual revenue of approximately $80 million from the minerals, petroleum, power generation, civil construction, paper and food and beverage industries. The business has been sold by Simon Group plc as part of the UK-based company's divestment of its Australian assets.

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Kagara Zinc (19 April 2000)

Kagara reported that exploration drill hole GTD 068 at Mt Garnet has significantly extended the mineralized envelope of the Mt Garnet deposit.
GTD 068, located 4475 N, 11776 E, on an azimuth of 090 and dipping at - 55 deg encountered three zones of base metal and silver mineralization - including 21m @ 2.73%Zn, 0.54% Cu, 0.36% Pb and 53g/t Ag. The hole is unusual in that all three zones contain higher lead and silver values than normal with the interval from 211-216 metres in particular reporting very high silver values of almost 13 ounces per tonne. Drilling is continuing.

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Lachlan Resources (19 April 2000)

Lachlan Resources NL (Lachlan) is 81.2% owned by Homestake Mining Company. Homestake Gold of Australia Limited manage all Lachlan's exploration and development activities. This report describes Lachlan's activities during the quarter ended 31 March 2000.

FINANCIAL
As at March 31 2000 cash on hand and at deposit was $4.2 million. Exploration and evaluation expenditure for the quarter was $279,472.

CORPORATE
EXPLORATION
KANOWNA SOUTH JV
(Lachlan 60%)
During February, 15 RAB holes for 1,113m were drilled to test three areas of existing RAB anomalism or prospective stratigraphy
The three areas of interest were RAB drilled:

• Extensions of prospective rhyolitic unit and controlling faults from Nimbus.
  The 5 holes intersected sediments and felsic volcanics with no anomalous mineralisation.
• Anomalous RAB mineralisation near 10 mile Dam South.
  
  The 2 RAB holes reported a maximum of 66ppb Au and weakly elevated base metals in the transition zone between completely oxidised and fresh rock. Lithologies intersected included silicified sediments, granitoids and felsic volcanics. No further work is envisaged at this stage.
• The As-Sb anomaly to the northwest of Perkolilli.
  
  The 8 holes in this area intersected sediments and rhyolite with no significant mineralisation encountered. All holes had elevated As and Sb values in the surface composite sample.
  
  In addition to the drilling, a total of 134 composite samples were collected from historical RAB drill spoils in the area of the As-Sb anomaly. These samples were assayed for Cd Cu Pb & Sb. There were elevated Sb values in top of hole composite samples, indicating a likely transported origin for the As-Sb anomaly.
  
  No further work is envisaged in the Kanowna South JV in the next quarter.

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Lakes Oil (19 April 2000)

The Board of Directors of Lakes Oil NL ("Lakes Oil") wishes to announce that the rig which has been commissioned to drill the Porthos-1 exploration well in PEL 62 (onshore Otway Basin) has arrived on site. It is envisaged that the well will spud (commence) tomorrow, Wednesday April 19th. For details, click here.

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Lihir Gold (19 April 2000)

Lihir Gold is pleased to confirm that as of 17th April 2000 it has taken direct responsibility for all mining activities at its site on Lihir Island.
The terms of the handover from the contractor, The Thiess-Roche Lihir Joint Venture, were agreed on 17 March 2000.

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Macmin NL (19 April 2000)

EMOS (Environmental Management Overview Strategy) AND OTHER STUDIES LEADING TO GRANT OF MINING LEASE ARE ON SCHEDULE WITH SILVER PRODUCTION STILL ANTICIPATED BY YEAR END. ADDITIONAL EXPLORATION LICENCE APPLICATION COMPLETED TO COVER FURTHER RECENTLY DEFINED PROSPECTIVE ZONES

The present drilling program in and around the conceptual pit at the Twin Hills development, Texas Project is approximately 70% complete. Results to date continue to be encouraging with likely increases in Indicated Resource and Reserves, although this cannot be confirmed until June 2000.

All results have not yet been collated and evaluated but hole 215 is particularly exciting. This hole was drilled in a westerly direction from 4212N, 2522E, at a 70 degree angle and passed below hole 145 (previously announced).

The hole intersected 38m from surface averaging 430g/t Ag or 52m from surface averaging 364g/t Ag. This is an excellent result and confirms that high grade silver mineralisation is still open to the south west and extends to greater depth than previously known.

For additional information, click here.

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New Zealand Oil & Gas (19 April 2000)

Corvus-1 is in permit WA-246-P which is located in the Carnarvon Basin about 100km northwest of Dampier and 50km north east of the Harriet joint venture's Campbell gas field.

DRILL STEM TEST #3
New Zealand Oil & Gas Ltd advises that results from drill stem test #3 (DST#3) are as follows:

- The interval 3,460-3,508m was perforated under overbalance.

The test valve was opened for a period totalling 7 hours, but no significant flow was observed.

Preparations are currently underway to plug the well as a gas discovery.

It is likely that the lack of flow from the DST#3 Zone is due to formation damage as the well was open for 26 days before testing. In contrast, the open hole DST#2 was open for only 2 days before testing and has estimated flow capacity of 26-30 million cubic feet per day.
Over the next several weeks the Joint Venture will analyse the data collected during drilling and testing in order to assess reserves.

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Reefton Mining (19 April 2000)

Reefton advises that its Board has resolved to offer a pro-rata non-renounceable issue of shares on the basis of one share for every two shares held together with one free attaching option for every four shares held at a subscription price of 5 cents per share. Shareholders will be advised of the Record Date in due course. The issue, if fully subscribed, will raise $1,728,600 before allowing for associated costs. The options will be exercisable at 20 cents on or before 30 November 2003.
The Company also proposes, subject to shareholder approval, a placement of 30 million contributing shares of 20 cents issued at a discount of 13 cents and paid to 1 cent. If fully subscribed the placement would raise $300,000 before allowing for costs.
The purpose of the issues will be to provide funds for exploration and development of the Company's mining projects, fund potential new acquisitions, supplement working capital and meet the costs of the issue.

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SMC Resources (19 April 2000)

SMC Resources Limited (SMC) is pleased to announce that it has been approached by and has entered into an Agreement with another Company (‘the entity’) which, if ratified by SMC shareholders, will see them benefiting from a re-structuring of the company.

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WMC (18 April 2000)

WMC on target for production records

WMC's first quarter production confirms that we are on track to achieve new annual highs in copper, uranium
and alumina; deliver the first year of fertilizer production; and meet 2000 targets in our other businesses.
Olympic Dam achieved record production of 46,151 tonnes of copper during the quarter. Copper sales for the
month of March were a record 19,455 tonnes and exceeded total copper sales for the entire first quarter of
1999. We are also on track to achieve the target of 200,000 tonnes of refined copper production for the full
year.
Alcoa World Alumina and Chemicals (AWAC) also achieved record alumina production for the quarter, with all but
one operation exceeding last year's average quarterly performance. The higher production rates and reduced
costs contributed to a very solid financial performance for the business.
Nickel production for metal, matte and concentrate exceeded plan in the first quarter, while improvement
initiatives have further reduced costs. Development of the Harmony ore body is under way and on schedule to
replace Rocky's Reward.
Development began of the low capital cost heap leach project at St Ives, which will add 50,000 ounces of gold
capacity. Mine site exploration at St Ives has produced significant intersections which promise to substantially
increase reserves.
Fertilizer production for March exceeded 41,000 tonnes as Queensland Fertilizer Operations progressed its
revised commissioning plan. This rate of production is 52 per cent of nameplate capacity, an excellent
achievement in only the third month following completion of construction. In June we will replace an undersized
unit in the ammonia plant, and expect the plant to move rapidly to full production in the second half. Shipments
to both the domestic and export market have been very well received.
These operational achievements have been translated into a very good financial performance in the first quarter.
The stronger business performance and favourable economic outlook in conjunction with the current low share
price have also provided an opportunity to initiate a share buy back.

Ashton Mining (17 April 2000)

SUMMARY - FIRST QUARTER

• First half operating profit is expected to match or exceed the 1999 full Year operating profit.
• Argyle diamond production for the quarter of 6.7 million carats.
• Higher average prices achieved from sale of Argyle diamonds.
• Diamond production from Merlin for the quarter was above plan and totalled 56,037 carats.
• Merlin diamonds sold in the quarter realised average values of US$123 per carat
• In Angola, Cuango Project production of 35,836 carats from processing of 73,100 cubic metres of alluvial ore.
• Largest diamond recovered so far by SDM from Cuango River - 70.43 carats.
• At Cempaka, in Indonesia, dredge commissioning continues.
• Three kimberlites discovered in Alberta, Canada.
• A new kimberlite found in Canada's Northwest Territories.
• Buy-back facility provides concessions for small shareholders.

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Aurora Gold (17 April 2000)

SUMMARY - FIRST QUARTER

MT MURO - KALIMANTAN

• Production of 60,298 gold equivalent ounces, a 31% increase over the previous quarter.
• Cash operating cost of $271 per gold equivalent ounce.
• Normal mining activities resume at Serujan East and are re-instated at Kerikil. An integrated community, police and government team is working on re-establishing company access to the PBH and BBT mining areas.
• Silver recovery improved 26% to 76% for the quarter.

TOKA TINDUNG DEVELOPMENT PROJECT - NORTH SULAWESI

• Ore reserves updated to 950,000 gold equivalent ounces, following earlier resource update, an increase of 7.6%.

MOROBE GOLD PROJECT - PAPUA NEW GUINEA

• Bankable feasibility study commenced.
• Drilling confirms the presence of high grade gold-silver mineralisation in the Kaveroi Creek zone.

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Austral Coal (17 April 2000)

SUMMARY - FIRST QUARTER

• Negotiations for year 2000 coal contracts are nearing completion and Austral has fully sold its production for the next year.
• Year 2000 contract prices for Austral have fallen by an average of 5% in line with the fall in benchmark coal prices.
• Despite encountering difficult mining conditions in the first part of the March quarter, these problems were overcome and production is proceeding at the planned rate.
• mine development is being maintained at improved rates following the previously advised employment of fixed term development crews.
  The development lead is now 8 weeks ahead of the longwall.
• Development of the next longwall panel (18) containing approximately 2 million tonnes ROM has been completed and is awaiting changeover in mid May.

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Battle Mountain Gold / Lihir Gold (17 April 2000)

Battle Mountain Canada Ltd decreased its relevant interest in Lihir Gold Limited on 14/02/2000, from 454,066,710 voting shares (48.21%) to 111,317,231 voting shares (9.74%).

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Bolnisi Gold (17 April 2000)

QUARTERLY HIGHLIGHTS

• Monthly gold production at new record of 7,814 ounces in March.
• Quarterly gold production of 17,065 ounces.
• Cash operating costs of US$143 per ounce in the March quarter.
• Heap leach quarterly stacked tonnage was 526,000 tonnes at 2.49 g/t Au head grade.

OVERVIEW
Bolnisi has been active in the Bolnisi Region of Georgia since 1993 through its subsidiaries Quartzite Ltd ("Quartzite") which has been producing gold since early 1997, and Trans Georgian Resources Ltd ("TGR") which holds an exploration licence over 1,000sqkm containing significant occurrences of volcanically hosted gold and massive sulphide ("VHMS") mineralisation. TGR also holds an exploitation licence over five deposits that have been taken to a more advanced stage of evaluation.
The March quarter gold production of 17,065 ounces was slightly down on the December quarter due to the effects of the Georgian winter which included an extended period of subzero temperatures in January and February 2000. The winter was the most severe in the Company's experience in Georgia and the coldest recorded for many years.
Gold production of 7,814 ounces in the month of March was a record monthly production reflecting the benefits of the plant expansion in the second half of 1999 and the improvement in the Georgian weather with the onset of the northern hemisphere spring.
Cash operating costs per ounce of gold produced have been maintained steady at US$143 per ounce for the March quarter, despite the extreme winter, and US$163 for the project to date.

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Conquest Mining (17 April 2000)

REVIEW OF EXPLORATION ACTIVITIES - MARCH 2000 QUARTER

KIMBERLEY DIAMOND EXPLORATION WESTERN AUSTRALIA
JOINT VENTURE: BOW RIVER
During the quarter the Company entered into a farmin and joint venture agreement with Astro Mining N.L. ("Astro") covering tenements owned by the Company within a 250 kilometre radius of Astro's Bow River Diamond Mine in the East Kimberley Area of Western Australia.
The Company's tenements are situated to the southeast of the Argyle Diamond Mine and adjoin Astro's Bow River tenements and 3 million tonnes per annum alluvial diamond plant. On signing the formal agreement, Astro will issue 4 million ordinary shares to Conquest and will be committed to a minimum expenditure of $600,000 on an exploration program on the tenements within 2 years. Astro can earn a 51% interest by funding further exploration of at least $5,000,000 or completing or funding a bankable feasibility study within a further 3-year period.

OPTION AGREEMENT-LOWER SMOKE CREEK, EAST KIMBERLEY
The company is pleased to announce that during the quarter the due diligence on the Lower Smoke Creek exploration ground was completed. As a consequence the company has exercised the option agreement and the Company and the vendors have entered into a formal share sale agreement in respect of the acquisition.
Smoke Creek is an important north to north-easterly watercourse that drains the Argyle AK1 pipe through the Ragged Range Gorge and ends at Lake Argyle. Argyle Diamond Mine have mined the Upper Smoke Creek for alluvial diamonds for over ten years and the operation currently produces approximately 2 million carats per year. The Lower Smoke Creek tenement area occupies the low-lying broad plain adjacent to the present position of Lower Smoke Creek which itself is covered by mining leases of Argyle Diamond Mine.
The new area covers 210 sq.km and includes a 25 sq.km series of older prospecting licences that contain palaeo-gravels that were trenched and bulk sampled in the mid 1980's and found to be diamondiferous. This work, between 1983 and 1986 recovered over 2000 diamonds with a mean stone size and gem quality percentage greater then that found at the Argyle Mine. During the bulk sampling the recovered diamond grade varied, with up to 16 carats/100 tonnes determined from a basal sample, this in particular, is considered significant by the company and indicates more work is warranted on these gravels. In one area alone within the exploration ground, the north-western side of Lower Smoke Creek a minimum gravel resource of between 11 and 22 million tonnes is a considered a physical and geological possibility"

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Dome Resources / Durban Roodepoort Deep (17 April 2000)

Durban Roodepoort Deep Limited increased its relevant interest in Dome Resources NL on 14/04/2000, from 99,422,332 ordinary shares (69.03%) to 101,119,832 ordinary shares (70.21%).

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Emperor Mines (17 April 2000)

Third Quarter - SUMMARY

• Emperor's production on target for full year despite difficult mining conditions in the quarter.
• Gold production for the nine months to date of this financial year at 115,841 ounces is 27.5% higher than that of the corresponding period last financial year, and remains on target for the full year forecast of a record 150,000 ounces. The year to date cash cost is 16.2% lower than for the same period last year.
• Cash costs of US$236/oz for the quarter - a record low US$241/oz for the nine months to date - although up on the previous quarter, are still in line to achieve the low US$200's expectation for one year.
• Lower production due to extensive localised falls of ground at Smith and Philip Shafts together with high ambient temperatures in Philip Shaft resulted in an operating loss of $0.143 million in the third quarter (year to date $4,086 million operating profit).
• The company remains in a sound financial position with cash balances of $5.248 million. Debt remained unchanged at only $4,550 million.
• The Tuvatu project development still remained on track during the quarter, with a revised resource calculation expected in the 4th quarter.

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Goldfields / Gilt-Edged Mining (17 April 2000)

The Directors are pleased to announce the signing of a formal Sale and Purchase Agreement between SteriCorp Limited ("SteriCorp") and Gilt Edged Mining NL ("Gilt Edged") in respect of the Cutters Ridge Joint Venture, West Kalgoorlie Joint Venture and Gentle Annie projects in the Kundana area of Western Australia.
The terms of the agreement are as follows:

1. Payment of $50,000 plus the issue of 3.5 million fully paid Gilt Edged shares on settlement. The $50,000 has been received by SteriCorp and the shares issued.
2. Payment of a further $100,000 within 6 months of settlement.
3. A further payment of $150,000 on the commencement of commercial mining operations following a decision to mine in respect of an ore reserve of at least 100,000 ounces.

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Helix Resources (17 April 2000)

HIGHLIGHTS DURING THE QUARTER

• Commencement of reverse circulation drilling at the Moola prospect, Middleback Ranges, South Australia. Low level copper gold mineralisation identified.
• Diamond drill targets defined in the Monarch region of the Middleback Range prioritised for immediate drilling.
• Exploration funds increased by $0.62 million through the sale of investments during the quarter.

SUMMARY

The Company has previously reported on its exploration progress on activities at the Middleback Range Project in South Australia. The project, which is held under the terms of an Alliance Agreement with BHP Minerals Pty Ltd, has two main regions, the 15 kilometre long Moola Grid and the Iron Monarch region to the north.
During the Quarter, the first reverse circulation drilling program of 2,600 metres was carried out in the southern part of the Moola Grid. Broad intercepts such as 52 metres grading 0.57% copper, 48 metres at 0.21% copper and 16 metres at 0.15g/t gold were encountered. Whilst these intercepts are considered encouraging, no further work will be carried out in the southern section of the Moola Grid during the next quarter of operations. Instead, an initial 2,000 metres of percussion and diamond drilling will commence immediately in the Monarch region of the Middleback Range, where recent gravity and magnetic interpretations have been carried out. The first diamond drillhole will be positioned to evaluate the Iron Princess geochemical and geophysical feature reported on previously.
Elsewhere, the Company continued to increase its portfolio of exploration ground in South Australia and Western Australia. Currently, Helix controls exploration title (either wholly or in joint venture) to an area of approximately 15,000 square kilometres.
On a corporate note, the Company sold its 7 percent shareholding in Golden State Resources (which Helix acquired through its Menzies gold and lateritic nickel joint venture) for $0.62 million. This has increased the Company's cash balance to $4.4 million as at 31 March 2000.

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Minerals Corp Ltd (17 April 2000)

Minerals Corp is pleased to announce the following developments in its diversification strategy and investments in Kaolin projects:-

SKARDON RIVER PROJECT
1. MSC has exercised the option to purchase the assets of the Skardon River Kaolin Project, Queensland.
The key assets of the project are primarily the Kaolin processing plant installed by the previous owners in 1998/99 at a capital cost in excess of $70 million and the Kaolin resource at Skardon River which are being acquired at substantially lower than the previous owners book costs.
The acquisition of these assets is made on behalf of Queensland Kaolin Limited ("QKL") a recently purposely formed company in which MSC will have a 25% equity interest. The funds for the exercise of the option have been provided by private investors in QKL.

KAOLIN SALES AGREEMENT
2. MSC has also signed a ten year Sales Agreement with BALPA INVESTMENTS NV for Kaolin sales to the Baltic pulp and paper mills (mainly Finland/Sweden/Norway).
Independent product trials will commence immediately in Helsinki and subject to successful trial results, regular Kaolin product offtake is expected to commence early next year with quantity reaching approximately 100,000 tonnes per annum.
BALPA have previously sourced their Australian Kaolin from COMALCO and under the terms of this Agreement BALPA shall source all future Australian Kaolin products exclusively through MSC.

ACQUISITION OF NEW KAOLIN DEPOSITS
3. MSC has entered into a one year option agreement to acquire interests in a substantial Kaolin deposit in Western Australia. In consideration of acquiring the option MSC has agreed to grant to the holders of the exploration licences 250,000 options over unissued ordinary shares of MSC exercisable at 20 cents per share on or before 1 December 2001.
Successful development of these projects will place MSC as a major participant in the global Kaolin industry. Kaolin is widely used for paper coating.

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Newcrest Mining (17 April 2000)

NEWCREST QUARTERLY REPORT - For the three months ending 31 March 2000

The March Quarter saw advances in development, exploration and some refinement of the $438M debt financing.

OVERVIEW

PRODUCTION

• Group production was 247,304 oz at a total cash cost of A$295/oz*.
• Cadia - improved Operating Strategy commenced.

DEVELOPMENT

• Trial Mining at Ridgeway commenced.

EXPLORATION

• Positive driling results continue from Cracow (70% equity interest).
• Cadia Far East shows encouragement.
• Mt Marion yields new drill results.

HEDGING & FINANCE

• Unaudited profit after tax and outside equity interest for the quarter was $14.6M taking profit for the year to date to $51.2M.
• Half of the A$438M debt was converted back into a gold loan with fixed lease rates for the term of the facility.

CORPORATE

Mr Gordon Galt resigned as Chief Executive Officer and Managing Director effective 31 March 2000. He has been replaced in the interim by Non-executive Director R Bryan Davis.

*Gold Institute Standard production and cost data.

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Normandy NFM (17 April 2000)

OVERVIEW - THIRD QUARTER

• Profit after tax - $7.2 million (unaudited) nine months $26.4 million, up 73 percent
• Mine production - 73,189 ounces (86,574 ounces)
  - Production restricted by limited fuel and consumables stocks, withextended wet weather curtailing road transport
• Gold sales - 74,524 ounces (86,131 ounces)
• Cash margin - $260 per ounce ($241 per ounce)
  - net average realised gold price $587 per ounce ($555 per ounce)
  - total cash cost $327 per ounce ($314 per ounce)
• Net debt position at 31 March 2000 $16.5 million (unaudited), down $10.0 million
• Hedge book - mark-to-market value $73.6 million (unrealised)
  - positions decline by 76,925 ounces (no new or replacement contracts established)
• Callie, deep exploration of Wilson Shoot continues with positive results
• Ground Rush, extension drilling delayed by wet weather
• Dr Ian Gould, Executive Chairman for more than two years, retired effective 14 April 2000
  
  Note: Previous quarter figures in brackets. Australian dollars, unless specified otherwise.

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Normandy Mt Leyshon (17 April 2000)

OVERVIEW - THIRD QUARTER

• Consolidated profit after tax - $8.4 million (unaudited)
  - nine months $28.7 million, down 17 percent, as forecast
• Mine production - 65,944 ounces (70,651 ounces)
  - nine months 212,602 ounces, down 11 percent, as forecast
• Gold sales - 66,728 ounces (68,832 ounces)
• Cash margin - $246 per ounce ($252 per ounce)
  - net average realised gold price $545 per ounce ($542 per ounce)
  - total cash cost $299 per ounce ($290 per ounce)
• No debt, cash and bullion at 31 March 2000
  - $76.6 million (unaudited)
• Interim dividend 25 cents per share, paid 6 March 2000
  - distribution to shareholders $19.7 million
• Hedge book
  -mark-to-market value $7.1 million (unrealised)
  -positions decline by 69,810 ounces (no new or replacement contracts established)
• Dr Ian Gould, Executive Chairman for more than two years, retired effective 14 April 2000
  
  Note: Previous quarter figures in brackets. Australian dollars, unless specified otherwise.
  
  

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Oxiana Resources / Rio Tinto (17 April 2000)

Oxiana Resources has completed Due Diligence and independent technical reviews on the Sepon copper and gold project in south-eastern Laos and now plans to finalise the acquisition of 80% of the project from Rio Tinto.

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Woodside Petroleum (17 April 2000)

CHAIRMAN'S ADDRESS - SUMMARY
"In summary, the results of our efforts in 1999 are as follows:

• Sales revenue for 1999 increased by A$42.2 million or 4.4% to A$988.8 million;
• Net profit for 1999 was A$327.3 million (before abnormals), a 9% increase over the 1998 result and the seventh consecutive year of increasing profits. An abnormal net gain of A$4.0 million after tax was also recorded;
• Debt at the end of 1999 was US$1200 million, an increase of US$245 million compared to 1998. Gearing at the end of the year was 50%, an increase of 1% compared to 1998;
• Earnings per share in 1999 (before abnormals) increased to 49.1 cents compared to 45.0 cents in 1998; and
• A final dividend of 16 cents per share (fully franked) has been paid. The final dividend together with the interim dividend of 10 cents per share (fully franked) makes a 1999 total dividend of 26 cents per share (fully franked) compared to the 1998 total dividend of 23 cents per share (fully franked).

While on the subject of Woodside's financial performance, I would like to take this opportunity to comment on the Company's approach to financial risk management and in particular our oil hedging position.
Woodside is a company with a long-term growth focus and enters into hedging transactions for the purposes of managing its exposure to oil prices. This approach has been accepted to ensure that:

• The financial stability of Company is maintained in times of sustained low prices;
• The Company is able to meet its financial commitments including payment of dividends, and
• The Company is able to make commitments on major investments in pursuit of its longer-term business objectives with a greater level of confidence."

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Acclaim Uranium (15 April 2000)

QUARTERLY REPORT TO 31 MARCH 2000 - HIGHLIGHTS

LANGER HEINRICH URANIUM PROJECT

• Operations commence on the Definitive Feasibility Study.
• Finance: Stage 1 - Resource & Reserve drilling
  • The Mineral Development Fund of the Republic of Namibia has approved an application for financial assistance. The agreement is to on-lend N$1.6 million (approximately A$400,000) to cover 50% of third party costs of the Resource & Reserve Drilling.
  • Investment Development Corporation of the Republic of South Africa enters negotiations to take an equity interest in the Langer Heinrich Project.

EQUITY RAISING BY ACCLAIM URANIUM NL
A meeting of shareholders is scheduled for the 14th April to approve a proposal to raise A$2.8 million.
Equity raised will provide funds to

• strengthen the financial position of the company, allowing it to take advantage of investment opportunities as they arise, including investment in non-mining activities, and
• provide working capital for the conduct of the company's current and future activities. This will include funding the Definitive Feasibility Study for the Langer Heinrich Uranium Project and the Australian expenditure commitments.

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Alliance Gold (15 April 2000)

QUARTERLY REPORT TO 31 MARCH 2000

CORPORATE
Since the end of the Quarter, there were a number of Board changes. The Directors are John Dunlop (Chairman), Peter Andrews (Executive Director) and Peter Stedwell.

ALLMED TECHNOLOGIES LIMITED
In early March 2000, Alliance announced that it had joined a group to develop a new Healthcare IT company, Allmed Technologies Limited.
Since the end of the Quarter, the Allmed arrangement has been renegotiated so that Alliance now holds a 5% interest in Allmed that will be free carried to Allmed's IPO or other exit strategy. This new arrangement alleviates Alliance's original obligations to provide the considerable funding required for Allmed and to issue 4.0 million shares to the independent consultants to Allmed.
Allmed will use advanced information technology and communications systems, coupled with thin-client architecture and easy to use interfaces, to improve HealthCare standards within Australia and internationally.
Allmed will assist management in improving care planning and delivery by using computer based automation and scheduling. Particular emphasis has been placed on staff and regulatory body acceptance. The system will also include medical, hotel and pharmacy components and is applicable Worldwide.

MALDON GOLD PROJECT
Two parties have made joint venture offers on the Maldon Gold Project in Victoria. Although these offers were considered inadequate, discussions are continuing with several parties who have expressed interest, including two offerors.
The Porcupine Flat treatment plant remains on care and maintenance.

CRESWICK GOLD PROJECT
Alliance has no expenditure commitments until 31 July 2000 by which time, it has to be put forward an exploration project and/or surrender ground from its large tenement holding. A joint venture is being sought to drill at least the Tourello anomaly for gold under the basalt cover, south of Clunes in Victoria.

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Australian Worldwide Exploration (15 April 2000)

QUARTERLY REPORT TO 31 MARCH 2000 - HIGHLIGHTS

• Acquisition of Premier Oil plc's Australian oil and gas assets.
• Beharra Springs gas field (AWE 33%) doubles production since AWE acquires its interest.
• Ladbroke Grove gas field (AWE net 23.22%) commences production.
• Yolla gas field (AWE 30.5%) declared commercially viable to develop if gas markets can be secured in Tasmania.
• Substantial progress made on rationalisation of expanded exploration portfolio.

STATUS OF OMEGA OIL NL TAKEOVER
At the end of the quarter AWE, through its wholly-owned subsidiary AWE Australia Pty Limited ("AWEA"), held a 95.62% shareholding in Omega Oil NL through the takeover offer outlined in our last quarterly report to shareholders.
Subsequent to the end of the quarter, AWEA had reached agreement with Omega optionholders pursuant to Section 703 of the Corporations Law to acquire 32,940,401 Omega Oil NL options. The agreement will result in the issue of approximately 3,838,202 AWE options (under the same terms and conditions as the existing listed AWE options).

PREMIER OIL TRANSACTION
On 11 January, 2000 AWE completed its Sale and Purchase Agreement and acquired the Australian oil and gas interests of the UK based company, Premier Oil plc.
As a consequence of the transaction Premier has become a 19.8% shareholder of AWE. It is envisaged that Premier will increase this shareholding through the conversion of Convertible Notes it holds in AWE up to a maximum of 23.4%.

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Central Norseman Gold (15 April 2000)

EXTENSIONAL EXPLORATION
At the Bullen mine, three underground holes were drilled to test the extent and potential for gold mineralisation of the Esperanto structure. Each of the holes intersected a laminated quartz vein that was 0.2 metres true width interpreted as the Valhalla structure. Assays are pending.
At the Harlequin mine, underground drilling commenced around HV6 to test the extent of the mineralisation. The drilling has extended the ore outlines and has provided more information on the direction and size of ore shoots. Drilling into the HV5A structure has delineated a zone of narrow, high grade mineralisation with approximately 150 metres of strike length. The mineralisation is open along the strike. Drilling down plunge of reserves at HV1 continues to prove up mom extensions.
ADDITIONAL EXPLORATION
Programs were completed at Sontaran, Davros, and at Fram Island on Lake Cowan. At Sontaran, a single diamond drill hole successfully intersected a siliceous sulfide breccia, returning 6.1 metres @ 3.2 grams per tonne. The structure has a long strike potential and has only been tested near the surface. Further drilling is planned. At Davros, an infill aircore program was completed, resulting in further refining of the target anomaly. The best intersection returned was 2 metres @ 3.9 grams per tonne in weathered basalt above a 6 metre interval of veining. Drilling beneath a gold anomalous quartz vein at Fram Island, failed to intersect the target structure.

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Duketon Goldfields (15 April 2000)

The Company is pleased to announce that it has entered into an option arrangement to acquire an initial stake of 10% in GeneType.
GeneType comprises a group of biotechnology companies with headquarters in Switzerland, which have made significant discoveries over the last 10 years in the field of advanced DNA genetics. This work was conducted in USA and Australia and has led to several broad gene-based patents now held by GeneType. For more information, click here.

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Envirostar Energy (15 April 2000)

The Board of EnviroStar Energy has this week, entered a Heads of Agreement with Power Facilities Pty Ltd, in a joint venture for the development of the company's Renewable and Sustainable Green Energy Facility in Stapylton, Queensland.

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Normandy Mining (15 April 2000)

Dr Ian Gould has retired as Group Managing Director of Normandy Mining Limited with effect from 14 April 2000.

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Omega Oil (15 April 2000)

QUARTERLY REPORT FOR THE PERIOD ENDED 31 MARCH, 2000 - HIGHLIGHTS

• Ladbroke Grove gas field commences production
• Australian Worldwide Exploration Limited gains 95.62% interest in Omega

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Otter Gold Mines (15 April 2000)

QUARTERLY REPORT FOR THE PERIOD ENDED 31 MARCH, 2000 - HIGHLIGHTS

• Otter's gold sales averaged NZ$676/oz (A$541), while the average cash cost of production was NZ$481/oz (A$391)
• Otter's net equity gold production of 27,039 oz reduced due to wet conditions in Northern Australia
• Otter appointed GPG nominees Mike Jefferies and Tony Gibbs to the board of directors
• Tony Frankham was appointed as Chairman

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Pancontinental Oil & Gas (15 April 2000)

The Directors wish to advise that the Board has resolved to make a bonus issue of options to all existing shareholders. The issue will be on the basis of one option for every four shares held on the record date.
The options will entitle the holder to one share upon payment of 20 cents each on or before 31 March 2002.

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Petsec Energy (15 April 2000)

The Company's wholly owned US subsidiary, Petsec Energy Inc ("PEI") has filed a voluntary petition in the Federal Court in Opelousas, Louisiana under Chapter 11 of the US Bankruptcy Code.
The filing will allow PEI to continue its operations under the protection of the bankruptcy court while it continues discussions with its senior unsecured noteholders regarding possible solutions to its financial situation. It will also afford PEI the opportunity to evaluate all other options.

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Precious Metals Australia / Westgold Resources (15 April 2000)

The Directors of Westgold are pleased to announce that the Company has today taken a $3 million placement in Precious Metals Australia Limited.
Precious Metals Australia Limited will issue 9,630,818 fully paid ordinary shares at a price of 31.15 cents per share and also pay a 5% placement fee to the Company resulting in an effective entry price of 29.59 per cents per share. As part of the placement the Company has the right to appoint a non-executive director to the board of Precious Metals Australia Limited. For additional information on PMA, click here.

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Rimfire Pacific Mining (15 April 2000)

Abudant Diamond Indicator Minerals Located:

• The samples were found to "contain abundant minerals of prime interest for diamond exploration",
• The results from over 2000 individual microprobe samples have now been assessed by Dr Jane Baron, in eastern Australia diamond expert,
• Garnet shedding from Rimfire's main Nareena pipe has been confirmed as Group I (Diamond Eclogite). Worldwide diamonds are only found with in association with group 1 eclogites,
• Abundant eclogite garnet in the Bingara samples is "unusual and fortuitous",
• Very abundant angular chips of eclogitic garnet indicates a "proximal diatreme source",
• Rimfire's Directors are extremely excited by these very positive results as they significantly upgrade the diamond carrying potential of these previously unrecognised diatremes in the Bingara region.

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Rio Tinto (15 April 2000)

Hamersley Iron has relinquished six Temporary Reserves in the Karijini National Park to the State Government.
The Reserves were granted to Hamersley in 1973, prior to the establishment of the Karijini National Park.
The relinquishment of the Reserves removes mining tenure held by Hamersley.
Hamersley Iron Managing Director Sam Walsh said the relinquishment recognised the important conservation values of the Park and was part of Hamersley's tenement rationalisation program. At the same time that the Karijini Reserves were relinquished, Hamersley converted two Temporary Reserves at its Homestead project to Mining Leases.

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Roc Oil (15 April 2000)

1. DRILLING OPERATIONS
1.1 Onshore UK (ROC 100%)
The Keddington-2 well started drilling at 9.00am on Wednesday 12 April 2000. The well, which is the first appraisal/development well in the Keddington Field, is scheduled to reach a total depth of 2,700m (2,194 mTVD), including a 400 metre horizontal section, within 55 days.

2. PRODUCTION
2.1 Onshore UK (ROC 100%)
The Saltfleetby Gas Field continues to produce at approximately 50 MMSCFD with an estimated condensate production in the order of 1,000 barrels per day. So far the field has out-performed Prospectus forecast and its peak plateau production has continued longer than anticipated through the high gas price period represented by the British winter and an unseasonable cold snap in early April. The field is now expected to come off plateau production during April/May coincident with the onset of lower UK gas prices during the spring-summer period.
As of last week, ROC's UK oil production approximated 2,470 BOPD. The company's onshore production, representing approximately 94% of ROC's total UK production, benefited from a successful fracture stimulation of the Brindsley Abdy in the A29 well in the Welton Oil Field which caused oil production from that well to increase from 13 BOPD to 147 BOPD. In the context of the Welton Field this type of reservoir management is particularly profitable because of the low capital expenditure required, the still strong oil prices and the excellent fiscal regime onshore UK.

2.2 Mongolia (ROC 100%)
ROC's production from its three wells in the East Gobi Basin continues to range between 130 and 150 BOPD. There are now about 28,000 barrels of oil in storage at ROC's field facility in the Gobi Desert awaiting export sale to China during mid-2000.

3. SIGNIFICANT EXPANSION TO ROC'S WEST AFRICAN EXPLORATION PORTFOLIO
In a separate notice released to ASX earlier today, ROC detailed two transactions which it completed earlier this week which have greatly expanded the company's presence in the deep water areas offshore West Africa; specifically, offshore Equatorial Guinea and offshore Mauritania. Shareholders are referred to the earlier release for further details.

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Ross Mining / Delta Gold (15 April 2000)

DELTA’S BID FOR ROSS NOW UNCONDITIONAL

Ross Mining is pleased to announce that Delta’s takeover offer for Ross Mining is now unconditional. Delta has now become entitled to a controlling interest of 52.32% of the issued shares of Ross Mining. For more information, click here.

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Summit Resources (15 April 2000)

QUARTERLY REPORT FOR THE PERIOD ENDED 31 MARCH, 2000 - HIGHLIGHTS

During the quarter Summit actively pursued opportunities to advance both the Isa North base metals project and the Jubuk kaolin project. Discussions are well advanced with major base metal miners and consulting groups to commit capital and expertise on both projects.
Meanwhile, Summit remains committed to restoring value to and progressing the development of the world class Valhalla uranium vanadium project in northwest Queensland.
Significant developments and highlights in the March Quarter as further detailed in the following Exploration Report, include:

• Two proposals are currently being assessed on Isa North to explore for base metals. One of the proposals is with an international mining house involving deep drill testing of a number of Isa style base metal targets.
• Jubuk kaolin samples have been collected and submitted to European paper manufacturers who are currently testing a range of filler grade kaolins for the paper manufacturing market.
• The opportunity to market bulk tonnages (>100,000tpa) of low cost high brightness filler kaolin from Jubuk is being pursued.
• The Company continues to evaluate mineral resource projects or business acquisitions which will provide an early positive cash flow for the group.

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WMC (15 April 2000)

First Quarter Activities Report

COPPER & URANIUM
The first quarter production is in line with our plan to achieve 200,000 of refined copper tonnes for the full year.
Production was affected by a fire in the solvent extraction plant in late December 1999. The reconstruction of the plant is progressing to plan with commissioning scheduled to commence in late May.
Production of uranium was 969 tonnes.
Commissioning of the gold and silver recovery plant is scheduled for completion in the second quarter. Gold and silver being accumulated in-process pending the completion of the plant, will be produced during the second half of the year.

ALUMINA (AWAC)
During the first quarter, alumina production increased by three per cent to 3.3 million tonnes compared to the last quarter of 1999. Production was up at San Ciprian after the planned shutdown in November, and production also recovered at St Croix from the temporary closures in the last quarter due to Hurricane Jose and Hurricane Lenny. Jamalco recorded an 11.5 per cent increase in production in this quarter as a result of the completion of projects in the last quarter of 1999 which increased capacity from 0.75 to 1 million tonnes per year.
Aluminium production was in line with the previous quarter. On 19 January, Alcoa announced that it would restart approximately 0.2 million tonnes of its currently idled aluminium smelting capacity. It is planned to bring this capacity into production over the course of the year. The capacity to be restarted includes AWAC's Pt Henry and Portland smelters. This increased metal production will commence in the next quarter.

NICKEL
WMC's production of nickel-in-concentrate was 26,048 tonnes, with performance in line with the previous quarter. This was despite heavy rainfall which caused some operational disruptions at Leinster and Mount Keith. Highlights during the period included site preparation for the new Harmony ore body at Leinster Nickel Operations, and commencement of production from the new Skinner ore body at Kambalda Nickel Operations.
Production of nickel-in-matte at the Kalgoorlie Nickel Smelter was affected by rain, which temporarily disrupted deliveries of concentrate, resulting in lower output of 24,237 tonnes.
At Kwinana Nickel Refinery, production of nickel metal was slightly lower at 15,018 tonnes due to a planned shutdown.

GOLD
Total production of gold was 171,194 ounces during the march quarter, which was lower than the previous period.

Production at St Ives Gold was lower at 92,269 ounces. Mill throughput was reduced due to a planned major refurbishment shutdown which was extended due to heavy rain. Open cut production was also affected by significant rainfall. However, lower open cut production was offset by higher grades at the Junction mine, an outcome of improved dilution control.
Production at Agnew Gold Operation was up slightly at 48,605 ounces for the quarter.
Central Norseman Gold Corporation (CNGC) produced 22,671 ounces for the quarter, down from 29,260 ounces in the fourth quarter 1999.

GOLD EXPLORATION
At St Ives, diamond drilling of the Mars Extension prospect intersected a zone of intensely sheared and altered ultramafic and felsic porphyry rocks grading 1.30 grams per tonne over 170.9 metres.
More intensely mineralised zones within this hole included 38 metres at 3.17 grams per tonne (from 192.5 metres) and 8 metres at 5.15 grams per tonne (from 286 metres). Drilling to extend this mineralisation has commenced, with the first hole, drilled 80 metres to the east, recording 43 metres at 2.56 grams per tonne within a broad shear grading 1.41 grams per tonne over 96.7 metres.
Excellent results were achieved from drilling of the previously defined mineralisation at the Lut prospect. Drill hole LD41160 returned three major intersections: 21 metres at 14.41 grams per tonne from 15 metres (including 1 metre at 205 grams per tonne); 13 metres at 6.85 grams per tonne from 64 metres, and 1 metre at 7.8 grams per tonne from 85 metres. A second hole recorded an intersection of 12 metres at 2.2 grams per tonne from 47 metres.
Drilling of the hanging wall lode at Argo underground mine returned 14.1 metres at 4.37 grams per tonne confirming grades in the resource model. Significant gold mineralisation was also returned from a previously identified narrow linking structure between the hanging wall and main Argo lodes. Frequent visible gold was evident in a 1 metre quartz structure, which recorded a grade of 138 grams per tonne.
Gold re-assaying of historic nickel holes on the flanks of the Kambalda Dome has returned excellent results, including 10 metres at 100 grams per tonne (from 14 metres), 3 metres at 12.5 grams per tonne (from 44 metres) and 2 metres at 2.7 grams per tonne (from 30 metres).
These results, in conjunction with recent drill results from the adjacent Pistol Club prospect, include 4 metres at 26.7 grams per tonne (from 27 metres) highlight the high grade potential of the main gold bearing structures as they pass through areas previously mined for nickel.

At Agnew, surface diamond drilling to infill the existing Emu underground resource continued, with further encouraging results received. Drilling to date has intersected 2.7 metres at 32.8 grams per tonne (reported in the previous quarter), 2.8 metres at 12.2 grams per tonne, 2.6 metres at 13.6 grams per tonne, 1.9 metres at 12.7 grams per tonne and 3.8 metres at 7.1 grams per tonne. Underground drilling of deep targets to the north of the Redeemer mine continues to show promise with intersections including 7.8 metres at 10 grams per tonne. In addition, sludge and diamond drilling has defined a new satellite lode close to current mining areas. Better results include 10.8 metres at 15.9 grams per tonne, 10.8 metres at 11.2 grams per tonne, 10.8 metres at 18.18 grams per tonne and 17.1 metres at 9.4 grams per tonne.
At CNGC, exploration has focused on the Harlequin area intersections including 3.1 metres at 64.5 grams per tonne from HV1 and 0.2 metres at 80.4 grams per tonne from HV5A. The new Sontaran prospect was tested with one three-hole traverse. All holes intersected significant mineralisation including 6.1 metres at 2.7 grams per tonne, 5 metres at 4.9 grams per tonne and 3 metres at 12.5 grams per tonne, indicating the potential for a new, mineralised structure.

Amadeus Petroleum (14 April 2000)

Amadeus announced that drilling on Fairlight No. 1 has reached a depth of 567.1 metres. Coring has commenced and will continue through to the target depth of 720 metres.

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Anglogold (14 April 2000)

AngloGold (NYSE: AU), J P Morgan (NYSE: JPM) and PAMP (Produits Artistiques de Metaux Precieux), three of the world's leaders in gold mining, refining, trading, manufacturing and vaulting, announced the creation of GoldAvenue, an independent company that will be the first to offer a comprehensive range of products and services for businesses, investors and consumers in the gold market primarily through the use of the Internet.
Earlier today, the partners signed an agreement to form GoldAvenue. In addition to committing market knowledge, technology and people, the three partners have committed $20 million in seed capital to fund GoldAvenue's first year of operation. The company will begin to roll out its products and services via the launch of a comprehensive gold Web site at www.goldavenue.com in the second half of 2000.

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Ashanti Goldfields (14 April 2000)

REVIEW OF FOURTH QUARTER 1999

Fourth quarter earnings before exceptional items of US$3.3 million (US$0.03 per share) were down on last year's earnings of US$12.2 million (US$0.18 per share) due primarily to the lower average gold price realised of US$351 per ounce compared to US$385 per ounce in 1998.
Exceptional items have been identified separately in the profit and loss account to show the impact of the exceptional items on the underlying results of the business. The charge in the fourth quarter totalled US$233.1 million.

The Fourth Quarter exceptional items include a US$171.1 million write-down of fixed assets at Obuasi resulting from the re-engineering of the mine to maximise future cash flows. This mainly arises from the plan to close surface mining, and certain shafts at the north end of the mine and to consolidate processing operations around the Sulphide Treatment Plant, leading to the closure of the Pompora Treatment Plant. A further provision of US$30 million has been made for the carrying value of assets compared to future cash flows based on proved and probable reserves. A provision of US$22.0 million has been made for redundancies and obsolete stock.

Following the hedge crisis in 1999, Ashanti in conjunction with its financial advisers and lawyers sought several long term solutions for the Group. The professional costs which have been incurred totalled US$9.0 million and have been written off as exceptional costs.

After exceptional items the Group incurred a loss of US$229.8 million in the fourth quarter.

Gold production for the fourth quarter was 437,222 ounces, up 4% front the comparable period last year. Cash operating costs of US$183 per ounce were 12% lower than the fourth quarter of 1998.

Gold revenue for the fourth quarter, including hedging income of US$26.1 million, totalled US$153.6 million, equivalent to US$351 per ounce.

Exploration costs written off in the quarter were US$4.8 million and corporate administration costs were US$9.3 million. Depreciation in the quarter was US$40.7 million up from US$31.8 million in 1998 due to higher charges at Obuasi and the commissioning of the Siguiri expansion project.

Earnings before interest, tax and depreciation and amortisation (EBITDA) for the three months ended 31 December 1999 were US$6.0 million. EBITDA before exceptional charges for the full year was US$211.2 million, up from US$208.1 million in 1998. New cash inflow from operating activities for the fourth quarter was US$29.1 million, lower than EBITDA for the quarter due to the release of deferred hedging income.

In late September, as gold prices rose sharply, the Group was faced with margin calls from hedge counterparties which the Group could not meet and which caused a short term liquidity crisis. In February 2000, after discussions with all stakeholders, Ashanti secured an agreement for a new US$100 million loan facility. The facility is repayable on the earlier of September 2000 and the date of completion of a sale of assets to raise a net amount of at least US$200 million. The facility carries a margin over LIBOR at an average of 350 basis points.

The Group in February 2000, agreed amendments to its existing Revolving Credit Facility (RCF) which has been increased to US$326 million from US$270 million following the consolidation of various bilateral facilities which were fully drawn. US$151 million of the facility is due for repayment by 31 December 2000 and the balance of US$175 million is repayable in January 2003.

At 31 December 1999, the Group's cash balance including gold in transit and cash collateral totalled US$89.7 million (1998: US$112.9 million) with total borrowings of US$582.6 million (1998: US$377.4 million). Net gearing after writing back goodwill written off in previous years was 55 per cent.

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Austindo Resources (14 April 2000)

FIRST QUARTER - OVERVIEW

CIBALIUNG JOINT VENTURE - WEST JAVA, INDONESIA

• The Company commenced drilling at the Cibaliung Project in the latter part of the quarter where an Inferred Resource of 993,000 tonnes @ 9.78 g/t Au and 57.4 g/t Ag containing 312,230 ounces of gold and 1.83 million ounces of silver has previously been announced.

SARAN PROJECT - WEST KALIMANTAN, INDONESIA

• ARX has appointed Investor Resources Ltd, to seek third party interest in the Saran Project.

CORPORATE

• The Company completed a capital raising of A$3.7 million by way of a placement of 49.5 million shares at 7.5 cents.

EXPENDITURE

• Total exploration expenditure for the quarter was A$217,000.

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Cairn Energy (14 April 2000)

Cairn Energy PLC announces that its wholly-owned subsidiary, Cairn Energy India Pty Limited ("CEI") has today signed a PSC with the Government of India for Block KG-DWN-98/2 ("the Block") offshore Eastern India in the Krishna-Godavari Basin ("K-G Basin").
The Block lies to the south of the producing Ravva oil and gas field and adjacent to Block KG-OS/6, both of which are operated by Cairn, thereby consolidating and complementing the Group's existing interests offshore Eastern India.

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Cityview Energy Corp (14 April 2000)

To enhance, the value of its energy portfolio, CityView has acquired from ASAB Resources Limited its 2.5% interest in the oil and gas area known as Block SC41 offshore Philippines. The block contains the Rhino prospect for which Robertson Blackwatch, a leading international petroleum consultancy firm have calculated a range of possible STOIIP* of 1,260-2,730 MMstb of oil with a mid-case of 1,987 MMstb and a possible range of between 0.9-1.96 TCF of gas with a possible mid-case of 1.38 TCF.

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Dome Resources / Durban Roodepoort Deep (14 April 2000)

DRD announced that on 11 April 2000 it gained control of Dome and is now entitled to 69% of the company. In light of this, DRD has decided to extend the offer period for 1 month in order to allow the remaining Dome shareholders to accept. The offer is now scheduled to close at midnight (Perth, Western Australia time) on 15 May 2000.

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Dragon Mining (14 April 2000)

Dragon has commenced a 7,500m resource infill and extension drilling program at its Svartliden Gold Project in Sweden. A total of 100 RC drill holes will be completed within and near the known lode systems. The program is scheduled for completion by the end of May.
The current resource totals 2.5 million tonnes @ 5.4 g/t Au.

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Empire Oil & Gas (14 April 2000)

The Directors of Empire Oil & Gas NL, are pleased to offer the opportunity to subscribe for New Shares in the Company through the placement offer contained in this Prospectus. The offer is for up to 10,000,000 New Shares at an issue price of $0.15 per New Share together with 1 attaching Option to subscribe for a Share exercisable at $0.20 on or before 31 December 2002 for every 2 New Shares subscribed for.
The Issue will raise up to $1,500,000 which will be used for the working capital requirements of the Company.

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Goldfields Kalgoorlie / Gilt-Edged Mining (14 April 2000)

The Board of Directors of Goldfields Kalgoorlie Limited (ASX: GKL) today announced that GKL will vary its Offer for Gilt-Edged Mining NL (ASX: GLT) by increasing the offer price to 50 cents cash per share. The Board of Directors of GLT has unanimously recommended that GLT shareholders accept the revised GKL Offer, in the absence of a better offer. The majority of Directors of GLT intend accepting the revised Offer in respect of their own shares.

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Gold Mines of Sardinia / Homestake Mining (14 April 2000)

Homestake announced that it had agreed to exchange its 6,500,000 shares of Navan Resources plc for newly issued shares of Gold Mines of Sardinia Limited ("GMS"). The exact number of new shares will be determined by reference to the market price of the shares of GMS and Navan prior to the closing, which is contemplated to take place during the second quarter. The agreement between Homestake and GMS provides Homestake with a three-year option to select up to 20% of the GMS' gold-prospective ground on the Island of Sardinia for inclusion in a joint venture with Homestake holding a 75% interest and GMS a 25% interest. Homestake would he responsible for carrying 100% of all joint venture costs through completion of the first of any final feasibility studies prepared by the venture. Homestake and GMS expect to collaborate with respect to exploration efforts on the Island.

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Hardman Resources (14 April 2000)

THIRD QUARTER ACTIVITY - HIGHLIGHTS

• The large 3D seismic survey being conducted by Woodside over the PSC areas in offshore Mauritania was completed on 27 March 2000. A total of 3,466 square kilometers of 3D data was acquired over the deep water portions of Blocks 3, 4 and 5 (Joint Venture Areas A and B). In addition to the original programme, 114 square kilometers of 3D data was also acquired in Block 6 (Joint Venture Area C), which will possibly provide a drilling location for the third farmin well.
• In December 1999, Woodside and British-Borneo committed to drilling the first farmin well, which will be drilled in the deep water part of either PSC Area A or PSC Area B. Recently, Woodside have advised that they are considering the possibility of drilling at least two offshore wells, most likely to be in the first quarter 2001.
• Drilling of Colombo #1 gas exploration well near Rome commenced on 10 April 2000, following the completion of site construction work on 4 April 2000.
• Hardman has signed a Farmin Agreement whereby the Philippine National Oil Company (PNOC) will fund 100% of the cost to drill the Fuga #1 well. PNOC has also signed a long term access agreement with the owners of Fuga Island and the well is now expected to spud in early May 2000.
• Seismic reprocessing work has upgraded prospects in Hardman's offshore Malta licence.

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MENZIES Gold (14 April 2000)

Pursuant to an agreement between Menzies Gold Ltd (the "Company") and its largest shareholder, Cameco Gold Inc ("Cameco"), Cameco has lodged a notice as a result of which the Company has been appointed Cameco's agent to dispose of 19,632,650 shares out of Cameco's total holding of 22,886,850 shares.
Under the terms of the notice, the Company has until June 30, 2000 to dispose the 19,632,650 shares at a price no less than 24 cents per share. If the Company is unable to sell the shares by that date, Cameco may dispose the shares on such terms to such party as it thinks fit without further notice to the Company.

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Michelago Ltd (14 April 2000)

Michelago is pleased to announce that the E4fax unified messaging software is now operational and a beta test-site has been successfully established with a major Australian insurance group based in Melbourne.
Two other beta test-sites are being negotiated with major companies in the IT and transport sectors and are expected to be installed shortly.

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Petsec Energy (14 April 2000)

WEEKLY DRILLING REPORT - 13 APRIL 2000 -

MUSTANG ISLAND 883S #1 ST
Production facilities and flowline are being installed and the well was placed on production 9 April 2000.

GRAND ISLE 45 A-2
The well has been drilled to a total depth of 4,456 metres (14,615 feet). Open hole log results and sidewall core indicate a net 14 metres (45 feet) true vertical thickness of hydrocarbon pay within two sand intervals. The well is being cased and will be completed for production.

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Ross Mining / Delta Gold (14 April 2000)

Delta Gold Limited increased its relevant interest in Ross Mining NL on 13/04/2000 to 116,100,354 ordinary shares (52.32%). For more information, click here.

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Santos (14 April 2000)

Weekly Drilling Summary :

Beckler 2 - Drilling ahead. The current depth is 2876m with 931m progress of the week.

Moomba 111 - Moomba 111 has been cased and suspended pending completion as a Permian gas producer. The well reached a total depth of 2611m with 75m progress for the week. The rig was released on 10/04/00 and is moving to Moomba 112.

Cuttapirrie 7 - Running in hole with test tools for Drill Stem Test 1 Cuttapirrie 7 reached a total depth of 2957m with 543m progress for the week.

West Mereenie 17 - Preparing to ream out conductor hole with mineral rig. The current depth and progress for the week is 36m.
West Mereenie 17 developed circulation problems while attempting to set the surface conductor. The rig has been rigged down while a conductor hole is detailed out and set 20m south of the original location.

Jabiru 14 ST2 - Drilling ahead at 1477m with 123m progress in sidetrack 2. Jabiru ST2 has been kicked off from 1354m in the Jabiru ST1 wellbore. Jabiru ST1 reached a total depth of 2161m MDRT with 712mprogress for the week. Jabiru ST1 has been abandoned.
Jabiru ST2 is designed as a deviated oil development well in the Jurassic Plover Sandstone.

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St Francis Mining (14 April 2000)

Bluefire Gas Limited, St Francis's wholly owned subsidiary has entered into a Memorandum of Understanding with the Indonesian, Texmaco Group.
Texmaco manufactures trucks and buses in Indonesia under the Perkasa brand.
Texmaco has an annual turnover in excess of US$1 billion and is involved in engineering, chemicals, textiles and financial services.

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Strategic Minerals Corp (14 April 2000)

REPORT ON COMPANY ACTIVITIES
FOR THE THREE MONTH PERIOD ENDING 31st MARCH 2000

GOLD

WOOLGAR PROJECT, QUEENSLAND
SALE AND PURCHASE AGREEMENT
During the quarter, shareholders at a general meeting approved of the sale and purchase agreement between company and Pacific Energy Ltd, whereby Strategic acquired Pacific's 45.6% equity in the Woolgar gold project in Queensland in exchange for the issue to Pacific of 36,644,978 ordinary fully paid shares in the issued capital of Strategic. The sale and purchase agreement has now been settled and the shares issued to Pacific represent 22.5% of the issued capital of Strategic. As a result of the transaction Strategic is now the owner of 100% of the Woolgar project.

RESOURCE EXTENSION DRILLING
Drilling at the Lost World resource has confirmed that the mineralised zone exhibits strong continuity and the quartz textures and associated mineral assemblages encountered suggest that the holes drilled remain within the upper zones of the epithermal system. Untested bonanza style targets are defined within what constitutes a dialational jog within the fault zone at the centre of the known Lost World orebody. Potential exists for enrichment to result where the primary structures intersect reactive or brittle host rocks (psammitic/graphitic schists), or where boiling zones occurred in the epithermal system. A deeper drilling program has now been planned to target the potentially high-grade mineralisation with the objective of enhancing the profitability of the project and allowing for project development schedules to be decoupled from the gold price cycle.

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Shield Equities (14 April 2000)

Following the successful relisting of Shield after its acquisition of an interest in Layer 2 Communications Group Limited ("Layer 2") Shield plans to change its name to Shield Telecommunications Limited and to seek quotation on the industrial board of the Australian Stock Exchange. For more information, click here.

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Sun Resources (14 April 2000)

THIRD QUARTER - HIGHLIGHTS

• The pioneering, Cadart 1 well in New Caledonia, was completed on 17 February 2000, at 1,930 metres with a non-commercial gas flow from the Cretaceous target sequence below 1,620 metres. New permit application is being made for further exploration.
• Boyd 1, EP 395, Carnarvon Basin completed 4 January 2000. Encouraging results from Mardie reservoir for possible updip accumulation.
• White Opal 1 completed post quarter (4 April 2000) at 2,579 metres in target Mungaroo Formation. Significant fluorescence and gas levels reported in two sand intervals in target, but sand units appeared to have been flushed of their hydrocarbons.
• Porthos 1, PEL 62, now scheduled to spud 19 April 2000, targeting up to 38 million barrels of oil recoverable. Target adjacent to Killanoola oil discovery.

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Titan Resources (14 April 2000)

THIRD QUARTER - HIGHLIGHTS

• 10,417 tonnes of nickel concentrates produced.
• Cash costs of US$1.37 per pound of nickel after by-product credits.
• Bacterial heap leaching progress commenced.
• Buy back of $3.5 million debt for $2.3 million.

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Victoria Petroleum (14 April 2000)

Victoria Petroleum NL advises according to the press release issued on 10 April, 2000 by Tri-Valley Oil & Gas Co. (TRIL.OTC) the operator for the drilling of EKHO-1 well, it is reported to be drilling ahead at a depth 5,395 metres (17,500 feet).
The drilling results of EKHO-1 will be of great significance to the San Joaquin Basin Joint Venture, in which Victoria Petroleum NL currently has a 50% interest increasing to 100% with shareholder approval, as Victoria Petroleum NL's Pipeline Prospect is contained within the much larger EKHO Prospect with Victoria Petroleum holding leases within one kilometre of the EKHO-1 drillsite.

Allstate Exploration (13 April 2000)

ACTIVITIES REPORT - for quarter ended 31 March 2000

HIGHLIGHTS

• 14,076 ounces of gold produced during March quarter.
• 51,103 tonnes @ 12.9 g/t milled during quarter.
• Macquarie Bank debt reduced to A$20.75 million

BEACONSFIELD MINE JOINT VENTURE Allstate 5l.51% and Manager (Beaconsfield Gold NL 48.499%)

OVERVIEW
Gold production for the quarter was 14,076 ounces, an improvement from the previous quarter's 8,547 ounces, but still only 60% of expected production levels. Difficulties with the bacterial leach section of the treatment plant continue to be the primary reason for lower than planned gold production. In particular, the mechanical failure of the agitation systems in the primary bio-oxidation reactors resulted in this section of the plant operating at only 30% to 50% of design capacity. Lower performance from this section of the plant resulted in restricted gold output. The gravity recovery section of the plant is working at close to design levels.
Underground operations continue to progress, with the mine producing 37,754 tonnes @ 15.8 g/t during the quarter. Lower grades than expected were recovered from stoping of the eastern section of the ore body.

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Auiron Energy (13 April 2000)

SASE remains on schedule with the design and construction of the demonstration plant.
During March:

• We commenced construction of the SASE Demonstration Plant on 2 March with a groundbreaking ceremony at Whyalla officiated at by The Hon Senator Nick Minchin, Federal Minister for Industry Sciences and Resources.
• We commenced the iron ore in-fill drilling programme designed to bring the resources to Measured and Indicated status by June 2000. This is the largest current drilling programme in South Australia.
• Aulron directors held the first meeting of the Board in Adelaide and held an evening reception attended by the Premier, Deputy Premier, Minister for Resources and Energy and local community representatives.

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Dome Resources / Durban Roodepoort Deep (13 April 2000)

Durban Roodepoort Deep Limited increased its relevant interest in Dome Resources NL on 12/04/2000, from 62,428,130 ordinary shares (43.35%) to 99,422,332 ordinary shares (69.03%).

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Eastern Aluminium / Alcoa (13 April 2000)

Alcoa of Australia Limited increased its relevant interest in Eastern Aluminium Limited on 12/04/2000, from 15,804,411 ordinary shares (14.38%) to 15,872,411 ordinary shares (14.44%).

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Australian Gold Council / Explorers Index (13 April 2000)

The AGC announced the start-up of the "Explorers Index" from next Monday. The index comprises 200 companies with shares traded on the ASX - and currently has a market cap of about $4 billion. Standard & Poors will calculate their performance daily.
The Explorers Index is designed to heighten awareness and promote the exploration sector.

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Gold Mines of Sardinia / Homestake (13 April 2000)

Gold Mines of Sardinia Limited ("GMS") has conditionally agreed to buy 6,500,000 ordinary shares (10.53%) in Navan Resources plc ("Navan") from Homestake Mining Company of California ("Homestake") in exchange for the issue to Homestake of new ordinary shares in GMS.

Gold Mines of Sardinia has also agreed that, subject to the acquisition taking place, and subject to Homestake retaining at least 50% of the shares it acquires, Homestake may have:

• For a period of up to 3 years, the right to nominate up to 20% of GMS's licence area, excluding Furtei and Osilo, as a joint venture area. In any such joint venture GMS would have a 25% interest and Homestake would have a 75% interest and would be obligated to pay 100% of all of the costs of the joint venture through to the completion of the final feasibility study.
• the right to match within 30 days any offer GMS may receive from a third party to acquire any part of GMS's Licence Area or any other interest in GMS's Sardinian subsidiary.

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Gold And Resource Developments (13 April 2000)

First Quarter Activities Report - HIGHLIGHTS

• One millionth ounce produced at Macraes Gold Project.
• Record quarterly cash costs of $277 per ounce.
• Quarterly gold sales of 42,782 ounces.
• Unaudited quarterly profit of $6.7 million
• Cash operating margin of $273 per ounce sold, generating $11.7 million of cash operating margin for the quarter.
• Minproc merger successfully completed.
• Commitment to optimise Reefton Gold Project, for "project go" decision by July 2001.
• $0.03 per share (51% franked) interim ordinary dividend declared.

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Gympie Gold (13 April 2000)

First Quarter Activities Report

CURRENT EXPANSION ACTIVITIES FOR 2000/2001

• Revised Southland Coal Mine Plan to increase coal production to 1.4 million tonnes.
• Revised Monkland Mine plan to increase gold production to 50,000 oz.
• Launched Gympie Gold-In-Quartz Gemstone joint venture with major North American jeweller Kabana Inc.
• Aim to commence developing Lewis Decline Mine to further increase gold production and to explore nearby encouraging prospects.

GOLD EXPLORATION

• Significant drill intercepts in Monkland Mine include a new stockwork orebody comprising 10 metres at 20.3 g/t, Inglewood Lode comprising 2.9 metres at 30.3 g/t and in the Lewis Mine Project area comprising 2.4 metres 10.3 g/t.
• Near-surface of drilling of newly discovered Sovereign System include 1.2 metres at 206 g/t and 2 metres at 11.2 g/t.
• Discovered several potentially bulk mineable stockwork zones in Monkland Mine and Lewis Project areas.

PRODUCTION

• Gold production of 7,914 ounces at cash operating costs $368 (US$220) per ounce.
• Coal production of 127,025 tonnes all of which sold as semi-hard coking product.

FINANCIAL

• Cash and bullion now $4.9 million after expansion activities. Unused credit lines being expanded.
• Currently delivering gold sales into hedge contracts at $A500/oz and coal sales into spot. Hedge contracts for gold are all capable of conversion into forward sales at minimum $A500 per ounce within our six year facility and forward currency contracts are at average exchange rate US 63.83 cents to A 100 cents.

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Hampton Hill Mining (13 April 2000)

THIRD QUARTER HIGHLIGHTS

NORTHLANDER JOINT VENTURE

• RAYJAX
  • 4 diamond drill holes completed. The northern hole intersected anomalous gold over 23 metres down hole and thus indicated the possibility of extending the Rayjax resource to the north
  • A 53 hole infill reverse circulation and diamond drill program totalling 3,980 metres is planned to commence early in April.
• SYLVESTER
  • First round rotary airblast drilling of a gold in soil anomaly at Sylvester returned 4 metres averaging 2.33 g/t gold within a 20 metre wide zone of anomalous gold mineralisation.

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Herald Resources (13 April 2000)

In the interests of an informed market, the Directors wish to advise that they have recently investigated a number of opportunities and business proposals of a non-mining nature. These proposals have either not been proceeded with, or are at a point where negotiations are incomplete, may fail, or positions change, and hence further announcement by the Company is not appropriate at this stage.
This move coincides with a down-grading of the Company's exploration efforts in Australia, due to the difficulties of Native Title that act as a large disincentive to investment in the minerals sector at this time,
The Herald Group remains committed to its significant mineral projects in Indonesia, Thailand, and Australia. It also wishes to record its continuing interest in projects in Australia, which are not subject to the above impediments, that may be offered to it by other parties.

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New Zealand Oil & Gas (13 April 2000)

New Zealand Oil & Gas Ltd advises that results from drill stem test #2 (DST#2) [Corvus-l exploration well] to date are as follows:

• A sidetrack 6 inch hole was drilled from 3557-3709 metres but with minimum deviation of approximately 2 degrees, which places the bottom of the sidetrack within a few metres of the original wellbore.
• DST#2 was conducted after setting a packer at 3535 metres within 7" liner above the sidetrack hole.

Over a flow period of 12.5 hours, the well flowed at a stabilised rate of 15 million cubic feet of gas per day and 20 barrels of condensate, with the choke set at 7/16" and a wellhead flowing pressure of 3100 psi. The well was then shut in to record pressure build-up. Analysis of recorded data indicates that the zone would have flowed at 26 to 30 million standard cubic feet per day with a larger choke size to reduce wellhead pressure.

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North Star Resources (13 April 2000)

North Star Resources Limited has changed its name to Wet Dreams Limited effective immediately.

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Pacrim Energy (13 April 2000)

Pursuant to ASX release of 27 March 2000 (enclosed) and to earlier correspondence, directors of Pacrim Energy Limited (PRE) are pleased to advise that a memorandum of understanding (MOU) has been executed with Currumbin Sand and Gravel Pty Ltd (CSG), a member of the Neumann Group of companies, as to a joint venture (JV) between PRE and CSG in regard to certain technology and patents (The Technology) to which CSG is entitled.
The patented technologies have been developed over a number of years, in conjunction with CSG, by the University of Queensland in a project directed by Mr Ray Gannon. They relate to core principles which when applied to industry may have very significant commercial potential in a number of environmentally beneficial and cost-effective processes.

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Ross Mining / Delta Gold (13 April 2000)

Delta Gold Limited increased its relevant interest in Ross Mining NL on 12/04/2000 to 111,396,138 ordinary shares (50.20%). For more information, click here.

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St Barbara Mines (13 April 2000)

Speech presented at the Australian Gold Conference - SUMMARY

In summary, around 12 months ago we identified a value play in St Barbara. Since then the Company has undergone a complete metamorphosis under the direction of its new board.
We have put in place the people and systems to capture the value and bring it to account.
We have sold non-core and underperforming assets and restructured the balance sheet. We now have a strong balance sheet, undrawn lines of credit and strong cashflow.
Furthermore, we have put in place mine planning to profitably produce 150,000 ounces per annum. There is now a provisional five year mine plan based on a through-put rate of 3 million tonnes per annum.
With the significant exploration potential we've got from our tenements and various corporate activities - some of which are in play at the moment, we expect to add significantly to our gold reserves.
As a result of this we expect to increase production to 300,000 ounces per annum in the medium term.
Finally we believe that the building blocks are now in place for the company to progress forward and become a significant producer in the Australian gold industry.

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Strategic Minerals Corp (13 April 2000)

Strategic wishes to announce that the Directors have resolved to make a placement of up to 15,000,000 ordinary fully paid shares in the, capital of Strategic at an issue price per share not less than 80% of the market price of fully paid ordinary shares in the capital of Strategic on Australian Stock Exchange Limited in the last 5 days on which sales of such shares are recorded before the day on which the shares under the placement are issued.
The purpose of the placement is to provide capital to fund a deep drilling program in relation to Strategic's Woolgar Gold project and additional working capital.

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Triako Resources (13 April 2000)

A new gold discovery has been made 1000 metres to the northwest of the Mineral Hill plant. High grade intersections have been drilled in two reverse circulation holes on the Pearse Prospect. The target was a strong soil geochemical anomaly with outcropping sulphides in sheared volcanics located at the northern extremity of a 2.5 kilometre long zone of buried strong sulphide mineralisation.
Hole TMH 356 intersected 5 metres at 6.0 g/t gold and 126 g/t silver from 126 metres and hole TMH 358, located updip about 20 metres to the east, intersected 8 metres at 5.4 g/t gold and 73 g/t silver from 96 metres, including 3 metres at 11.2 g/t gold and 108 g/t silver. The new zone is interpreted to be steeply dipping to the west and plunging to the south. Drilling is continuing to outline the extent of this zone and to provide metallurgical and mining data.
To date eleven shallow reverse circulation holes have been completed on the broad arsenic, gold soil anomaly with encouraging wide lower grade gold intersections and sulphide intersections indicating that the area may host a large gold deposit.
Based on the geochemical, geophysical and structural interpretation of the area, the Pearse Prospect is underlain by a deeply buried intrusive at the north end of a strongly sulphidic zone, which is associated with structures on the margins of a rhyolite dome. Modelling of the induced polaisation anomalies and recent drilling indicates that the sulphide mineralisation becomes stronger with depth.

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Troy Resources (13 April 2000)

Gold Production - March Quarter/Profit Forecast

Gold Production for the quarter was 15,135 ounces compared to 14,578 ounces in the previous quarter, bringing the project total to 31,664 ounces. Head grade was substantially above budget at 6.6 g/t for the current quarter.
The Cash Cost of production for the March quarter was A$140.11 per ounce versus A$162.72 in the previous quarter and A$157.80 year to date. This Confirms Troy as one of the lowest cost producers in Australia for the second successive quarter.
Tonnes milled were less than the previous quarter, due to it being a shorter quarter in terms of days, plus production was partially restricted by bad weather and interruptions caused during the installation of the new Ball Mill at the plant. The Ball Mill was successfully commissioned shortly before the end of the quarter and this will increase the throughput rates.
At 31 March 2000, Troy had available cash funds of $7.7 million, and gold hedging of 20,600 ounces at an average price of A$480.00 per ounce, which is earmarked for Cornishman Stage 3.
Production performance to date and budgeted production for the balance of the year, indicate that the Company should post a pre-tax profit of $10 million for the 1999/2000 financial year.

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Xenolith Gold (13 April 2000)

We advise that the following update on activities was issued, in North America, with respect to the East Lost Hills Oil/Gas Project - California USA - in which Xenolith has an indirect interest via its equity in Kookaburra Resources Ltd and KOB Energy Inc;

"Berkley Petroleum provides the following activity update at East Lost Hills;

• Berkley East Lost Hills #1 has reached av depth of 19,724 feet and a production liner will be run to total depth. The current status for Berkley #1 is a potential gas well.
• The current open hole section, extending from 18,280 feet to total depth, has been wireline logged. A total of 2,474 feet of the Temblor Formation was penetrated by Berkley #1, with a net sand interval of 1,410 feet. Net hydrocarbon pay within this interval will be determined via production testing.
• Natural gas and condensate has been flared from the current open hole section on four separate occasions while drilling with mud weights in excess of 17 pounds per gallon.
• Mechanical preparation of the wellbore for the production test will commence immediately. Production testing is expected to commence in May and operations will extend for approximately four weeks.
• Two step out wells, Berkley East Lost Hills #2 sec 36-25S-20E, and Berkley East Lost Hills #3 sec 20-26S-21E will spud in the next two months."

Alkane Exploration (12 April 2000)

PROSPECTUS - For a renounceable rights issue of approximately 18,401,688 New Shares at an issue price of 14 cents each, together with 9,200,844 Attaching Options on the basis of 2 New Shares and 1 Attaching Option for every 10 Shares held as at 20 April 2000.

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Alliance Gold (12 April 2000)

Gail Owen has resigned as a director of Alliance Gold Limited.

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Amadeus Petroleum (12 April 2000)

Amadeus advised that drilling on Fairlight No. 1 has reached 550 metres at the base of the Upper Bulgo Sandstone. The well flowed gags at approximately 100,000 cubic feet per day while tripping out of the hole to change over from drilling to coring. The gas was not combustible and is believed to be carbon dioxide. The well has stabilised and the proposed program is to continue tripping out of the hole to change over to coring.
While the gas flow is not commercially significant, it is encouraging as it strongly infers the presence of a structural trap at Fairlight.

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Anzoil (12 April 2000)

Anzoil is pleased to announce that it has recently entered into an agreement with Success Oil Company (SOC) to apply on innovative Enhanced Oil Recovery (EOR) technology that will increase and extend profitable oil production from most declining oil fields. Anzoil and its co-venturer and major shareholder Maurel & Prom have each taker a 40% interest in this venture with SOC having the remaining 20%. This venture requires a relatively low capital investment upfront and has the potential to provide early cashflow and a quick "pay-out".

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Ashton Mining (12 April 2000)

Ashton Mining of Canada Inc. (AMCI) reports the discovery of one now kimberlite on the Roundrock property in the Northwest Territories as winter drilling continues. In April of this year, two exploratory core holes were drilled into a nearby magnetic anomaly and each intersected 20 metres of kimberlite in an apparently flat-lying body. The kimberlite, named Cygnus, is capped by approximately 35 metres of granite breccia containing veinlets of kimberlite, which in turn is overlain by 11 metres of glacial overburden. Microdiamond testing of core samples from Cygnus will be carried out at AMCI's laboratory in North Vancouver during the second quarter.

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Beach Petroleum (12 April 2000)

Beach will next month embark on one of the largest drilling programs in the Company's near 40-year history with the spudding of two wells in southwest Queensland.
The exploration wells, Taipan-1 and Canterbury-1 in ATP 548P in the Cooper/Eromanga Basin, will spearhead a 13-well drilling program by Beach Petroleum over the next 15 months.

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BHP (12 April 2000)

Ok Tedi Mining Limited (OTML) today said it was concerned that litigation over the settlement agreement for the Ok Tedi mine in PNG would have an adverse impact on consultation with PNG communities affected by the mine.
OTML Managing Director, Dr Roger Higgins, said that OTML rejected claims that it was in breach of the 1996 settlement which related to environmental mitigation options at the PNG copper mine.
He said that OTML had met all of its obligations under the settlement agreement.

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Goldsearch Ltd (12 April 2000)

Goldsearch Limited has negotiated an extension of the date for exercising its option to earn an equity in 13 Mining Leases and 1 Exploration Permit Area at the Mt Kelly copper/gold prospect located 120kms by road north of Mt Isa. Reefway Pty Limited, the current holder of the Mining Leases and Exploration Permit Area, has agreed to extend the date to 30 September, 2000.
The Company intends to undertake a drilling program of at least 1,600 metres in 8 boreholes to more accurately define and increase the potential resource of high grade copper/gold mineralisation previously identified around borehole MK 475. A recently completed assessment of the results to date from the project by an independent consultant has confirmed approximately 240,000 tonnes of potential mineralisation grading in the order of 2.5gms/tonne gold and 3% copper within a strike length of 120 metres. It is our intention to continue exploration in the immediate vicinity of borehole MK 475 in order to extend the strike length of the potential resource to 230 metres which could result in defining an additional 300,000 tonnes.
The proposed drilling program will also investigate other prospective targets located within the project area which have similar mineral potential to that already identified.

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Hampton Hill Mining (12 April 2000)

DUCHESS OF YORK PROJECT (Hampton 100%) - AUGER SOIL PROGRAM IN PROGRESS
The Duchess of York Project is located 60 kilometres southeast of Kalgoorlie in the Mt Monger district. Results received to date include an interesting soil anomaly of greater than 50 parts per billion gold. It is 500 metres long and is north northwest trending, located 1.5 kilometres south of the Duchess of York prospect.

NORTHLANDER PROJECT
The Northlander Project is located 30 kilometres west of Kalgoorlie, in an area which has seen recent gold discoveries such as White Foil and Hornet-Rubicon.
Exploration on the Northlander joint venture focused on completing the diamond drilling program commenced in the December quarter at Rayjax, rotary airblast drilling of gold in soil auger anomalies at the Sylvester and Granite margin prospects and completion of auger soil coverage of the tenements.
DIAMOND DRILL HOLE RESULTS FROM RAYJAX
Four diamond drill holes totalling 478 metres were completed during the quarter at the Rayjax prospect. This program was designed to follow up previous encouraging results from the December drill program including 11 metres averaging 3.25 g/t gold.

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Hardman Resources (12 April 2000)

The Colombo #1 gas exploration well near Rome Italy was spudded on 10 April 2000 and has been drilled to 53 metres depth.

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Heron Resources / Centaur Nickel (12 April 2000)

Centaur Nickel is extending the offer period for Heron for one (1) month so that the offer period will remain open until the close of trading on 25 May 2000.

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Oil Search (12 April 2000)

Mr Trevor Kennedy, Chairman of Oil Search Limited, today announced the lodgement of the prospectus for the issue of up to $130 million of new Converting Preference Shares (CPS 2000). As released on 5 April 2000, the issue incorporates an offer to buy back a significant proportion of the 1998 Converting Preference shares (CPS 1998) and also allows for the issue of $30m through a Fundraising Offer. Merrill Lynch International (Australia) Limited is underwriting the Fundraising Offer.

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Tap Oil (12 April 2000)

Update on the drilling of the Corvus-1 exploration well. DST2 was carried out as an open hole test of the side track interval of 152 metres, between 3,557 metres and 3,709 metres depth.
The test recorded a stabilised flow of 15 MMcf per day of gas and 20 barrels of condensate on a (7/16)th inch choke over a 12(1/2) hour period at a wellhead flowing pressure of 3,100 p.s.i. This flow rate meets expectations and modelling indicates that flow rates of 26 to 30 MMcf per day can be achieved over this interval with a larger choke size to reduce wellhead pressure.

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Tectonic Resources (12 April 2000)

The production profile associated with the at the RAV8 nickel deposit at Ravensthorpe in WA is expected to be as follows:

MINING RESERVES TONNES % Ni
Open Cut 118,990 5.62
Underground 45,943 6.40
Total Reserves 164,933 5.83

ANTICIPATED CONCENTRATE PRODUCTION
47,800 tonnes at 16-20% Ni producing approximately 19.19 million pounds of nickel metal.

CASH OPERATING COSTS - A$1.33/lb
(Operating costs are gross costs and do not include copper or cobalt credits. Tectonic receives income for copper and cobalt produced under the terms of the offtake agreement).

CAPITAL EXPENDITURE
Prestrip A$3.62 million
Plant & Infrastructure A$5.97 million
Underground Development A$4.76 million

Tectonic Resources also advises that it has sold forward in excess of 70% of anticipated nickel production in recent weeks taking advantage of the nickel price spikes that were experienced.

Gawler Gold (10 April 2000)

HEADS OF AGREEMENT

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Lakes Oil (10 April 2000)

Lakes Oil N.L. will begin its Y2000 field exploration program next week with two wells scheduled onshore in South Australia and Victoria.

Executive chairman, Robert Annells, said the million dollar drilling program would start in South Australia’s Otway Basin and be immediately followed in Victoria.

The South Australian well, Porthos-1, will be located in PEL 62, about 4.5 kilometres from Oil Company of Australia’s Killanoola-1 well, which flowed over 100 barrels a day in 1998.

Mr Annells said Killanoola-1 well demonstrated the potential for the migration of oil to the northern edge of the Otway Basin.

Porthos-1, in which Lakes Oil currently holds a 50 per cent interest, will be the first significant well since Killanoola-1 and will further evaluate this exploration play.

In Victoria, the North Seaspray-3 gas wildcat will be drilled onshore near Sale in Gippsland and is now expected to spud, depending on rig availability, in May. A delay of several weeks has been brought about by the need to make alterations to the drilling rig.

North Seaspray1 is about 100 metres from the oil and gas pipeline connecting the Bass Strait fields of Dolphin and Perch with the Longford processing plant. The recently built pipeline to Sydney also crosses PEP 137.

The well is close to the massive offshore fields in Bass Strait and will test the same producing sands as in the BHP-Esso permits.

Lakes Oil controls exploration permits totalling approximately 4 million acres in south-east Victoria.For more information, click here.

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Icn Oil (10 April 2000)

Icon Oil NL announces that the company has acquired an interest in ATP 610P, in the Surat Basin in Queensland, by way of assignment from the previous permit holders by accepting responsibility for the deposits and bonds lodged with the Department of Mines and Energy and providing certain reporting requirements in regards to the permit. Icon will hold a 100% working interest in the permit.

Icon Oil NL announces that it has entered a Farmout Agreement with Queensland Gas Company Ltd (QGC) to drill up to eight coal seam methane drainage wells in ATP 610P, ATP 620P, ATP 648P and ATP 632P. The agreement is subject to QGC’s successful listing on the Australian Stock Exchange and the raising of sufficient funds by QGC to conduct the programme.

QGC will earn a 50% interest in the shallow rights of the areas by drilling testing and conducting work necessary to prove the coal seam methane drainage potential in each well. The shallow rights are defined as that stratigraphic section above the Hutton Sandstone. The primary objective is the Jurassic Walloon Coal Measures.

Icon will retain its current interests in the areas below the shallow rights.For more information, click here.

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BHP (8 April 2000)

BHP welcomed the Federal Court dismissal of two of three grounds on which an interim injunction was granted preventing the Company from continuing to offer individual contracts to employees at BHP Iron Ore (BHPIO). These issues related to claims that BHPIO discriminated against union members or that it was in breach of its existing contractual obligations.
However the Company expressed disappointment in the court ruling not to lift the interim injunction.
BHP WA Iron Ore President Graeme Hunt said the Company was also pleased that the court had ordered the main proceedings must be brought on expeditiously by the unions with the trial expected to be heard by the court within two months.
The Company would mount a vigorous defence during the court proceedings and remains confident that its actions will be found to have been lawful at that time, he said.

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Delta Gold / Ross Mining (8 April 2000)

Delta has extended its Offer for Ross Mining shares to 28 April 2000.

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Gutnick Resources (8 April 2000)

The Directors advise of a bonus issue of ordinary shares on the basis of 1 new fully paid ordinary share for each fully paid ordinary share held by shareholders. The record date for determining entitlements to the bonus shares will be 28 April 2000.

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Mt Lyell Mining Co (8 April 2000)

Mt Lyell hereby requests that ASX grants an immediate trading halt for its securities.
The reasons for the request for the trading halt are that the Company:

• has commenced negotiations for the acquisition of a significant asset;
• anticipates that the trading halt will last no longer than Monday 10 April 2000; and
• expects to execute a heads of agreement with respect to the acquisition of the significant asset.