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The Most Comprehensive Coverage of Announcements
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Friday 09 March 2007 (Close of Business - New York)
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| All Ords | 5810.2 | +10.6 | Dow Jones | 12,276.32 | +15.62 | |||||||
| ASX100 | 4710.8 | +5.5 | S&P 500 | 1402.85 | +0.96 | |||||||
| ASX200 | 5830.2 | +7.9 | Nasdaq | 2387.55 | -0.18 | |||||||
| ASX300 | 5839.6 | +8.5 | NYSE Volume | 2,623,046,000 | ||||||||
| Materials (Sector) | 11,012.1 | -12.7 | US 10-Year Bond | 4.589% | +0.080 | |||||||
| All Ords Gold (Sub Industry) | 4410.5 | -15.1 | Gold - spot/oz | US$650.20 | -3.30 | |||||||
| Metals & Mining (Industry) | 3665.9 | -5.9 | Silver - spot/oz | US$12.82 | -0.18 | |||||||
| Energy (Sector) | 12,184.7 | +64.9 | Platinum - spot | US$1204.00 | -4.00 | |||||||
| AGC Macquarie Au | 4779 | -33.0 | Palladium - spot | US$350.00 | +2.00 | |||||||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||||||
| Shanghai Composite | 2937.9 | +9.9 | Bridge CRB Futures Index | 403.26 | -3.00 | |||||||
| Hang Seng | 19,134.9 | -40.3 | Light Crude (NYM - $US per bbl.) | US$60.05 | -1.59 | |||||||
| Nikkei | 17,164.0 | +73.7 | Natural Gas (NYM - $US/mmbtu) | US$7.23 | -0.14 | |||||||
| India BSE 30 | 12,885.0 | -164.4 | Copper (LME - spot $US/tonne) | 6133 | -184 | |||||||
| FTSE 100 | 6245.2 | +17.5 | Lead (LME - spot $US/tonne) | 1825 | -50 | |||||||
| German DAX | 6716.5 | +3.3 | Zinc (LME - spot $US/tonne) | 3272 | -121 | |||||||
| A$ = US77.97 | +0.24 | Nickel (LME - spot $US/tonne) | 45,075 | -450 | ||||||||
| A$ = 92.23yen | +1.16 | Aluminium (LME - spot $US/tonne) | 2719 | -33 | ||||||||
| A$ = 0.594Euro | +0.002 | Tin (LME - spot $US/tonne) | 13,610 | -250 | ||||||||
| Click on Links to Access Charts | ||||||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
Wall Street closed out the week with a mixed performance Friday, showing more stability after its recent plunge but also revealing lingering signs of nervousness despite an upbeat report on employment.
The positive jobs data gave stocks a boost, but the gains were eroded by a jump in wholesale inventories and more evidence of subprime mortgage problems. Lending worries were a big factor in the market's drop.
The Labor Department said that in February, the unemployment rate fell to 4.5 percent from 4.6 percent, U.S. employers added 97,000 nonfarm workers, and wages rose. But the Commerce Department's report of a 0.7 percent increase in wholesale inventories in January pointed to a drop in demand and possible economic weakness.
Also supporting stocks Friday was a Commerce Department report that said the trade deficit narrowed slightly in January as U.S. exports rose to an all-time high while imports dropped.
Advancing issues held a 3 to 2 advantage over decliners, on lower volume, on the New York Stock Exchange.
Treasury bond prices fell sharply, as the jobs report made it more unlikely the Federal Reserve would lower rates.
Crude oil fell to its lowest close in more than two weeks as warm weather forecast to move into the U.S. Northeast next week will probably reduce heating-fuel consumption.
Copper snapped three days of gains in London on speculation that rising stockpiles in China may mean manufacturers in the world's biggest copper-consuming nation slow imports of the metal.
Gold closed lower on Friday as a jump in the US dollar and weakened crude oil prices after a U.S. jobs report encouraged profit-taking on gains early in the session.
Change in substantial holding - Web Site
Appendix 3B: Exercise of Options - Web Site
Appendix 3B & S 708A Notice - Web Site
Half Year Accounts - Web Site
Changes to Exercise Price of Cazaly Options - Web Site
End December 2006 Half Yearly Financial Results - Web Site
Annual Report 2006 - Web Site
CBM and GTL Potential - Web Site
Cyclone George Turner River Update - Web Site
Entitlements Issue Prospectus & Appendix 3B - Web Site
Letter to Preference Shareholders - Web Site
Letter to Optionholders - Web Site
Disclosure Document - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Half Yearly Report - Web Site
Results of General Meeting - Web Site
Appendix 3B
Appendix 3B - Web Site
Melbourne Procurement Expert Appointed Director of GWR - Web Site
Initial Director's Interest Notice - Web Site
Placement Completed - Web Site
Appendix 3B - Web Site
Half-year accounts
Highlights for the half-year ended 31 December 2006
Corporate
Production and Development
Exploration
Preliminary Final Report - Web Site
Response to ASX Share Price Query - Web Site
Change of Director's Interest Notice - Web Site
Appointment of Company Secretary - Web Site
Appendix 3B - Web Site
Response to ASX Share Price Query - Web Site
Despatch of Prospectus - Web Site
Appendix 3B: Exercise of Options - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice x6 - Web Site
Appointment of Company Secretary - Web Site
Section 708(A) Notice - Web Site
Extension of Takeover Offer Period - Web Site
Grants under long term incentive plan - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Drilling Update at Rina Prospect - Indonesia - Web Site
Half Year Accounts - Web Site
Amended Change of Director's Interest Notice - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Auction of Forfeited Partly Paid Shares - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change in substantial holding - Web Site
Revised Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Disclosure Document - Web Site
Half Year Accounts - Web Site
AUSTINDO COMPLETES PLACEMENT OF A$5.16 MILLION
AS INTERIM FUNDING FOR CONTINUED DEVELOPMENT OF THE CIBALIUNG GOLD PROJECT
Austindo Resources Corporation NL ("ARX" or the "Company") is pleased to announce that Austock Corporate Finance Limited has successfully undertaken a placement of 344.0 million ordinary fully paid shares in the Company at 1.5 cents per share to raise A$5.16 million ("Placement").
The funds will be used for ongoing working capital and costs, including holding costs, associated with the development of the Cibaliung Gold Project in which ARX has a 89.75% interest.
Placement
The placement has been made to institutional and sophisticated investors pursuant to Section 708 of the Corporations Act 2001.
All of the shares to be issued under this placement will rank pari passu with existing ordinary shares.
The placement has been structured as follows:
Tranche 2 includes shares allotted to interests associated with Mr. Bruce Watson, a related party participating in the Placement on the same basis as other parties. Mr. Watson's participation is subject to shareholder approval as he is the Chairman of the Board of Directors. It is anticipated that shareholder approval will be sought at a general meeting to be held in April 2007. The Notice of Meeting will be despatched to shareholders shortly........
Update - The Cibaliung Gold Project
Key development and production parameters for the Cibaliung Gold Project are:
Erection of the gold processing plant is approximately 80% complete. SAG Mill installation has commenced and bearing plates have been installed. Foundations for the crusher are also 80% complete. Substantive construction work will resume when funding via the Convertible Note Facility referred to above becomes available.
In the meantime all major works on site are on hold in order to conserve cash while an appropriate mining plan is being developed in order to achieve access to the ore bodies at the earliest opportunity and conditions precedent in respect of the Convertible Note Facility are being satisfied.
- Web Site
Half Year Accounts - Web Site
Investor Presentation - Web Site
Burundi Project - Web Site
Half Year Accounts
Prospectus Mailout & Letter to Shareholders
Enclosed with this letter is the Company's prospectus for a pro-rata renounceable rights issue to existing shareholders to raise approximately $2.26 million to be used in exploring the Company's projects in Brazil and in Western Australia and for general working capital.
The offer of New Shares and New Options is made in the prospectus dated 26 February 2007. If you wish to partake in the offer you must complete the "Entitlement and Acceptance Application Form" enclosed in the prospectus.
For the full details of the issue please refer to the information letter sent out to you on 28 February 2007. Some important facts of the issue include:
The Company is focusing its exploration efforts on the identification of large, quality deposits and has compiled several outstanding projects that have the potential to reward these efforts. Under this prospectus, current shareholders have a priority opportunity to invest in the Company and maintain their equity position at this exciting time. - Web Site
KIM's ann: Sale of Shares in Blina Diamonds & Form 604 - Web Site
Change of Director's Interest Notice - Web Site
Expands Uranium Prospects at Minnie Creek - Web Site
Corporate Update - Increased Oil Reserves
Drillsearch Energy Limited ("Drillsearch") announces:
Drillsearch‘s reserves will grow again in 2007 principally through its ongoing participation in approximately 70 Tintaburra Block oil wells to be drilled this year and a 24 well programme at the Naccowlah Block (DLS: 2%).
Drillsearch Energy Reserves - 31st December, 2006 (with comparatives)
Group proved plus probable reserves (2P) increased 113% to 2.54 million bbls. Group possible reserves: (3P) increased 101% to 6.33 million bbls. The increase in 2P reserves is substantially higher than predicted in 2006 and confirms the excellent results achieved through the 2006 COP.... - Web Site
Tintaburra - Weekly Drilling Report
Drillsearch Energy Limited ("Drillsearch") is pleased to provide an update of drilling operations at the Tintaburra block.
During the week Drillsearch cased and suspended one new oil production well, Mulberry 28. Drilling operations continue at the Mulberry Field with Mulberry 30 and Mulberry 45. The weekly drilling update is set out below.
Rig PDI-735 spudded Mulberry 28, an oil development well, on 27 February 2007. Good oil shows were encountered in the upper and middle Birkhead reservoir intervals. Wire line logs indicated approximately 9 m of combined net oil pay. The well has been cased and suspended as a future oil production well. The rig was released on 3 March 2007 to the Mulberry 30 well location.
Mulberry 30 an oil development well, spudded on 4 March 2007. The well has reached a TD of 1377 m. Weak oil shows were encountered while drilling. Current operations are preparing to run wireline logs.
Rig PDI-724 spudded the Mulberry 45 oil delineation well on 1 March 2007. Two cores are being cut and recovered over the Birkhead reservoir interval. The first core has been cut and retrieved. Current operations are preparing to cut the second core sample....... - Web Site
Becoming a substantial holder - Web Site
Non-Renounceable Pro Rata Issue Closed - Web Site
Half Year Accounts - Review and Results of Operations
Summary Review of Operations
During the December 2006 half year the Company continued its strategy of acquiring advanced hydrocarbon exploration or development opportunities in acceptable jurisdictions with the acquisition of a 20% farm-in interest in the Bismil prospect in south eastern Turkey. This project complements our 12.5% working interest in the large Sugarloaf prospect located onshore Texas, U.S. Exploration wells were drilled at both of these prospects during the December half.
The Sugarloaf 1 well was drilled between August and November reaching total depth of 20,896 feet (6,371 metres). The well encountered a number of encouraging gas shows in the deeper Hosston formation and in Cretaceous age carbonates at shallower depths. Wire line log results over one of the shallower targets indicates 92 feet of possible gas pay, the commercial significance of which can only be assessed by flow testing of the zone which will be considered at the conclusion of testing of gas shows within the deeper Hosston formation. As at 8 March 2007 the lower section of the Hosston formation had been perforated with no commercial gas flows evident and the operator has moved up the well and is perforating and fracture stimulating selected intervals of the upper section of the Hosston formation.
In October, Eureka acquired a 20% farm-in interest (together with an option to increase its interest to 45%) in the Bismil prospect incorporating two exploration licences in south eastern Turkey. The two licences encompass an area of 500 km2 and are located in the major oil producing region of the country.
The first of the two farm-in wells, "Koyunlu 1", was drilled in November and reached total depth of 4,108 feet (1,252 metres). The well planned to test cretaceous age carbonates of the Garzan formation and the Mardin Group (circa 1,380 metres). The Koyunlu 1 well encountered encouraging oil shows over a 41 metre interval in the fractured carbonates of the shallower Garzan formation and it was determined to suspend drilling at this level in order to test for oil flow. Whilst ultimately a non commercial quantity of heavy oil was recovered the results confirm that an active oil system is present. This provides encouragement to explore for potentially producible oil within the structure. The deeper Mardin Group remains untested with the Koyunlu 1 well suspended pending further analysis of the data collected.
In October 2006 the Company announced the placement of 6,200,000 ordinary shares at $0.22 share to institutional and sophisticated investors to raise $1,364,000. In conjunction with the placement the Company announced a Share Purchase Plan ("SPP") at the same price as the placement closing on 15 December 2006. The SPP resulted in the issue of an additional 4,780,000 ordinary shares raising an amount of $1,051,600....... - Web Site
Impact of Cyclone George on WKPP Karratha LNG Plant - Web Site
Appendix 3B - Web Site
Media Release: Cyclone George - Web Site
Notice of General Meeting - Web Site
Forestry Approval Update - Web Site
Exploration Update March 2007 Newsletter - Web Site
Announces Planned Board & Executive Changes
Bullabulling South Prospecting Licences - Web Site
Lafayette Appoints Director
The Company is very pleased to advise that Mr Steve Wood has accepted an invitation to join the Board of the Company as a non-executive director, with immediate effect.
Mr Wood is currently an executive director of CIMB-Standard Strategic Asset Advisors, advisors to the South East Asian Strategic Asset Fund who recently purchased US$15,000,000 of convertible notes in Lafayette.
Lafayette Mining's Chairman, Mr Reg Gillard, said that Steve Wood brings a wealth of technical and commercial experience to the Board of Lafayette. He has a very detailed and relevant knowledge of the resources industry in the South East Asian area which we expect will be very valuable to the Company in the years ahead. - Web Site
Resources Inventory Update for Skardon River and Swan River
Minerals Corporation Limited (MSC) advises that for purposes of compiling our Admission documentation for the planned IPO of Australian China Clays Limited, our consultant geologist has compileResources Inventory Update for Skardon River Kaolin, Queensland and Swan River Kaolin, WA....... - Web Site
Marathon Board Response to Buttermeres Intended Proposal - Web Site
Change of Director's Interest Notice - Web Site
Puffin South West Oil Resources
Norwest provides reference to the latest Oil Initially in Place (OIIP) estimates in the Puffin South West region as issued by AED Oil Limited in an ASX announcement dated 8th March 2007.
In the announcement, AED quotes an estimated range of Oil Initially in Place (OIIP) for the SW area of 38 to 97 million barrels, with a most likely volume of 65 million barrels. Further in the announcement, AED provides details relating to the reservoir and oil distribution in the SW area, and the critical factors that may affect the estimate of the OIIP volumes.
Norwest holds a 1.25% over-riding royalty interest which covers the entire AC/P22 permit. This includes recoverable and OIIP volumes for the NE1 and NE2 areas previously quoted by AED, the SW area, the Woodlea prospect which is undrilled, and other exploration opportunities.
As Norwest's interest in the permit is by way of a royalty rather than equity, Norwest converts the estimated hydrocarbon volumes quoted by AED to a potential dollar value for Norwest. In doing so certain assumptions must be made including an estimate of potential recoverable volumes. On parameters where lesser information is available, Norwest applies conservative assumptions. For example the recovery factor applied for the NE2 and SW areas is 44% compared to AED's range of 40 to 70%.
AED's announcement includes comments on the degree of uncertainty associated with the SW area estimates and states that the accuracy can only be improved through further drilling. We encourage the reader to study AED's announcements..........
The potential value of Norwest's royalty stream using the estimated recoverable volume is AU $65 million. (Assumptions: oil price of US$50 per barrel and exchange rate of $0.75)........ - Web Site
Half Yearly Report - Web Site
Appendix 3B - Web Site
Appendix 3B - Exercise of Options - Web Site
Awarded Permit Offshore Namibia - Web Site
Menzies Gold Project Update - High Grade Mineralisation - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Executive Director Appointment - Web Site
Appendix 3B - Web Site
Escrow Cancellation - Web Site
Possible Merger with Minerals Securities Limited Update - Web Site
MSX Update on possible merger with Scarborough Minerals plc - Web Site
Appendix 3B - Web Site
Jingemia-11 Oil Development Well Drilling Report, L14, Onshore North Perth Basin, Western Australia
Summary:
Victoria Petroleum NL has been advised by Origin Energy Limited, operator of the L14 Joint Venture and Jingemia-11 oil development well, that at 0600 hours Western Standard Time today, the current operation was changing the drill bit prior to drilling ahead at 1711 metres. - Web Site
Half Yearly Report - Web Site
Appendix 3B - Web Site
Wesfarmers Assistant Company Secretary Retires - Web Site
Change of Director's Interest Notice - Web Site
Chairmans Letter to Shareholders - Web Site
$3.75m placement to fund Erayinia Exploration - Web Site
Appointment of Chief Executive Officer - Web Site
Change in substantial holding from OXR
St Gabriel I Update - Web Site
Non-Executive Director Appointment - Web Site
Trading Halt - Web Site
Metallurgical Test Results
Mobile Phone Production Update - Web Site
Signs LOI to farm-in to two blocks in China - Web Site
VPE ann:Jingemia-11 Oil Development Well Drilling Report L14 - Web Site
Trading Halt - Web Site
ARX: Completes placement of $5.16 million - Web Site
Managing Directors Company Presentation - March 07 - Web Site
Becoming a substantial holder - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Additional Uranium Property acquired in the USA - Web Site
MGN: Weekly Drilling Rep-Muthero-5 & 6/Telowie-1 & Burrum-1 - Web Site
Half Year Accounts - Web Site
Company Presentation to Brokers - Web Site
Seismic Activity - Sumatra - Web Site
Announces the Grant of Application 4/04-5 as EP 454 - Web Site
Granted WA & QLD Uranium Project - Web Site
News Release: Eromanga Discovers Large Channel System - Web Site
Change of Director's Interest Notice - Web Site
Award of Offshore Gippsland Permit T 46P - Web Site
Commences Mining in Malaysia - Web Site
Half Year Accounts - Web Site
Excellent results from Reward & Red Hill - Web Site
Change of Director's Interest Notice - Web Site
Suspension from Official Quotation - Web Site
Audio Broadcast - Web Site
Acquisition Completion/Appendix 3B and Section 708A Notice - Web Site
Director Appointment - Web Site
Admission to Official List - Web Site
Half Year Accounts - Web Site
Drilling Update - Web Site
Indian Feedstock Deal to lock in margin for Mission Biofuels - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Formulates Joint Venture on Indiana Project Nthn Territory - Web Site
Buttermere announces increased bid price to $3.52 per share - Web Site
Evolves from Contract Manager to Operator
KEY POINTS
Sojitz Corporation Joins NEC in Yamala Coal JV - Web Site
Change of Director's Interest Notice x2 - Web Site
Acquires Uranium Option in Niger North Africa - Web Site
Letter to Shareholders: Update - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Update - Removal from ASX Official List - Web Site
Tragic Light Aircraft Accident in Malawi - Web Site
Daisy Milano Suspension of Extractive Operations - Web Site
Change of Director's Interest Notice - Web Site
Set to become a dedicated Iron Ore Company - Web Site
Change of Director's Interest Notice x 5 - Web Site
Hydrocarbons intersected in Redfork #1-17 - Web Site
Rio Tinto plc share transaction 7Mar07 - Web Site
Change in substantial holding - Web Site
Pricing of Global Offering - Web Site
Appendix 3B - Web Site
Chairman's Address to Shareholders - Web Site
Update on Acquisition of further interest in Peru Projects - Web Site
Sebuku coal mine expansion - Web Site
Weekly Operations Update - Web Site
Uranium Tenement Swap - Web Site
Trading Halt - Web Site
Zinifex and Wolfden agree to extend exclusivity agreement - Web Site
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Thursday 08 March 2007 (Close of Business - New York)
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| All Ords | 5799.6 | -3.7 | Dow Jones | 12,260.70 | +68.25 | |||
| ASX100 | 4705.3 | -2.6 | S&P 500 | 1401.89 | +9.92 | |||
| ASX200 | 5822.3 | -3.0 | Nasdaq | 2387.73 | +13.09 | |||
| ASX300 | 5831.1 | -3.5 | NYSE Volume | 2,991,170,000 | ||||
| Materials (Sector) | 11,024.8 | +13.3 | US 10-Year Bond | 4.509% | +0.012 | |||
| All Ords Gold (Sub Industry) | 4425.6 | +5.0 | Gold - spot/oz | US$653.50 | +4.30 | |||
| Metals & Mining (Industry) | 3671.8 | +2.3 | Silver - spot/oz | US$13.00 | +0.04 | |||
| Energy (Sector) | 12,119.8 | +17.1 | Platinum - spot | US$1208.00 | +19.00 | |||
| AGC Macquarie Au | 4812 | +0.1 | Palladium - spot | US$348.00 | +2.00 | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2928.0 | +31.4 | Bridge CRB Futures Index | 406.26 | +1.96 | |||
| Hang Seng | 19,175.2 | +256.5 | Light Crude (NYM - $US per bbl.) | US$61.64 | -0.18 | |||
| Nikkei | 17,090.3 | +325.7 | Natural Gas (NYM - $US/mmbtu) | US$7.37 | -0.12 | |||
| India BSE 30 | 13,049.4 | +469.6 | Copper (LME - spot $US/tonne) | 6317 | +185 | |||
| FTSE 100 | 6227.7 | +71.2 | Lead (LME - spot $US/tonne) | 1875 | -1 | |||
| German DAX | 6713.2 | +95.5 | Zinc (LME - spot $US/tonne) | 3393 | +40 | |||
| A$ = US77.73 | +0.03 | Nickel (LME - spot $US/tonne) | 45,525 | +625 | ||||
| A$ = 91.07yen | +0.86 | Aluminium (LME - spot $US/tonne) | 2752 | +19 | ||||
| A$ = 0.592Euro | +0.002 | Tin (LME - spot $US/tonne) | 13,860 | +55 | ||||
| Click on Links to Access Charts | ||||||||
Stocks rise on Wall Street as signs of stability cross global markets. Thursday's advance helped investors speed past lackluster retail sales figures and focus on more promising comments about March sales. Investors also grew more confident following gains in markets in Europe and Asia. The dollar was mixed against major currencies and fought its way higher against the yen, easing some concern about whether global liquidity would tighten.
The Dow Jones industrials were up more than 100 points in afternoon trading before pulling back amid rumors a subprime lender would declare bankruptcy.
Advancing issues outnumbered decliners by 3 to 1, on fractionally lower volume, on the New York Stock Exchange.
Crude oil eased, pulled lower by natural gas and heating oil, on speculation that U.S. supplies of heating fuels will be adequate to meet demand during the last weeks of winter.
London copper futures jumped 3.1 percent on Thursday as confidence returned to equity markets and investors concentrated again on supply and demand, analysts said.
Nickel advanced to a record for a second day, leading gains in London, on expectations dwindling stockpiles will create a second year of shortages.
Gold futures climbed for a third-straight session to end Thursday at their strongest level in a week.
Change of Director's Interest Notice x3 - Web Site
Arrow signs LOI to Farm-in to two blocks in China
Arrow Global CBM Pty Ltd ("AGCBM") and Orion Energy ("Orion") have signed a Letter of Intent for broad ranging co-operation in China.
Orion is a US based privately owned energy company specializing in Coal Bed Methane ("CBM") operations and services, operating solely in China. It is the largest provider of horizontal drilling services to the rapidly growing Chinese CBM industry and is also the owner of two CBM concessions.
Under the terms of the LOI :
It is anticipated that the study phase of the farm-in will be completed within 2 months.
Following successful completion of the farm-in, these assets will become part of the portfolio of AGCBM. AGCBM is also in the advanced stages of business development in Indonesia and Vietnam and is targeting adding these assets to the portfolio.
It is planned that the AGCBM portfolio together with the existing Arrow India assets will form part of the proposed partial IPO of Arrow International later this year.
Arrow Energy N.L. recently acquired 50% of the issued capital of Arrow Global CBM Pty Ltd, and has a 2 year option to acquire the remaining 50% shareholding. - Web Site
BONDS RANGE EL DRILLING UPDATE
Bass Metals Ltd is pleased to advise that the first diamond drill hole testing a lead-zinc soil anomaly at the Iris River Prospect on the Bonds Range Exploration Licence intersected shallow base metal sulphide mineralisation over a 4.3 metre downhole interval, possibly representing a new Pb-Zn-Ag-Cu discovery. All assays are pending.
BRD001 is the first drill hole in the area designed to follow-up on a coincident geochemical and geophysical anomaly over geology considered favourable for intrusive related lead-zinc-copper- silver mineralisation.
The drill hole targets the outcropping margin of a quartz-feldspar porphyry intrusive in association with a major Pb-Zn soil anomaly which, at a 500 ppm Pb contour, extends for approximately 750 metres by 450 metres. This anomaly contains several higher grade, north-east trending zones contoured at 1,000ppm Pb which are the target of this drilling campaign. Details of the soil geochemical trends and drill hole positions are presented in Figure 1....... - Web Site
BHP Billiton to Combine Coal Businesses
BHP Billiton today announced that, as part of the decision to manage the Energy Coal business alongside the Iron Ore, Manganese and Metallurgical Coal businesses, Energy Coal and Metallurgical Coal would now be brought together under a single Customer Sector Group President. - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Citigold Newsletter - Issue18
This issue covers the following topics:
Boardroom Radio Broadcast - Web Site
Managing Director's Presentation to Euroz Conference - Web Site
Change of Director's Interest Notice x 2 - Web Site
Change of Director's Interest Notice - Web Site
Half Yearly Financial Report - Web Site
Employee Option Plan Pricing - Web Site
Appendix 3B: Conversion of Options - Web Site
Change in substantial holding - Web Site
Drilling Report (Juha 5 Ghard-1 Bina Bawi-1) 8 March 2007
WELL NAME: Juha 5
Oil Search reports that as at 0600 on 8 March, the Juha 5 well was at a depth of 3,471 metres and pulling out of hole to inspect the drilling string. During the week, the drill pipe has been changed in preparation for drilling ahead in smaller hole size. The well is expected to recommence drilling within the next two days.
Juha 5 is located 40 kilometres north-west of the Hides gas field. Three wells were drilled on the Juha structure in the early 1980s, and proved the presence of a condensate-rich gas accumulation. No gas-water-contact was located in these wells and the Juha 5 well will drill deeper on the structure with the aim of constraining the vertical gas column height. The well is targeting the Toro reservoir at a depth of around 3,000 metres subsea, 3,550 metres MD. The planned total depth of the well is 3,700 metres MD.
The well will be followed by a second well which will drill a large, untested segment adjacent to the proven segment. The objective of the two wells is to increase considerably both the proven and probable reserves.
WELL NAME: Ghard-1ST
Oil Search reports that as at 0600 hrs Egypt time (+3 hrs GMT) on 7 March, Ghard-1ST was at a depth of 2,955 metres and drilling ahead in an 8 1/2" hole. Progress for the week was 213 metres.
During the week the well continued to drill ahead in the sidetrack hole.
Ghard-1 is located in the East Ras Qattara concession, Western Desert, Egypt, 12 kilometres north-east of the recently drilled Shahd-1 discovery. Ghard-1 is Oil Search's second well in an extended drilling programme of probably four wells in the East Ras Qattara block in 2007.
The objectives of the Ghard-1 well are reservoirs in the Cretaceous Abu Roash, Bahariya and Alam El Bueib Formations, with a prognosed total depth of 3,950 metres. Production storage facilities are located in nearby adjacent concessions.
WELL NAME: Bina Bawi-1
Oil Search reports that as at 0600 hrs Iraqi time (+4hrs GMT) on 6 March, the Bina Bawi-1 well was at a total depth of 3,355 metres, conditioning the hole and awaiting materials and supplies prior to commencing a testing programme
Bina Bawi-1 is located in the Bina Bawi Exploration and Production Sharing Agreement (EPSA) located in the Kurdistan region of northern Iraq. Oil Search has a 20% interest in the Bina Bawi EPSA operator, A & T Petroleum, and has the option to convert its 20% shareholding into a 10% direct interest in the Bina Bawi EPSA.
WELL NAME: Kasad-1
Oil Search reports that at 0600 hrs Yemen time (+4 hrs GMT) on 7 March, the Kasad-1 well was at a depth of 1,620 metres and preparing to drill ahead in an 8-1/2" hole in the Nayfa Formation. Drilling progress for the week was 123 metres.
During the week, the well drilled through the primary Qishn clastics reservoir section. An intermediate logging run was completed through the reservoir section and 51 side-wall cores were also acquired. Preliminary log analysis and core analysis suggests the presence of some hydrocarbons. However, further evaluation of these shows will be required.
The Kasad-1 well is testing a four-way dip closed structure updip of the recently drilled Ghobata structure. The primary objective of the well is the Qishn Clastics and fractured Basement, with secondary objectives in the Lam and Kohlan Sandstone. The planned total depth of the well is 2,000 metres.- Web Site
Interim financial & Director's Report to 31 December 2006 - Web Site
Change in substantial holding - Web Site
Initial Director's Interest Notice x3 - Web Site
AGK ann: AGL completes acquisition of QGC interest - Web Site
Appendix 3B: Unlisted Options - Web Site
Appendix 3B - Web Site
Section 708A Notice (Executive Options) - Web Site
Section 708A Notice (Executive Shares) - Web Site
Appendix 3B: Exective Options - Web Site
Full Year Financial Statements to December 2006 - Web Site
Appendix 3B: New Issue Announcement - Web Site
Half Yearly Report/Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Puffin South West Oil Resources - Web Site
Audio Broadcast - Web Site
Weekly Exploration Update - Web Site
LHG: Issue of ordinary shares to BGF option holders - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Signs farm out agreements on Galilee permits
The directors of Comet Ridge Limited (ASX Code: COI) are pleased to provide the following project update for its two 100% owned, oil and gas permit applications (ATP's 743 and 744P) located in the Galilee Basin, Queensland (Figure 1). The permits cover over 13,000 sq km and are located in the eastern part of the basin. Thick Permian aged coals, similar to those being developed for coal seam gas in the Bowen Basin to the east, underlay much of the area and oil and gas shows have been recorded in a number of oil and gas exploration wells drilled in the past.
Comet Ridge has entered into farm out arrangements with Clark Oil and Gas Pty Ltd (Clark Oil) that will see Comet Ridge carried through a multi-year seismic and drilling work program on both permits.
Under the terms of the agreements, which are subject to Clark Oil successfully listing on the Australian Stock Exchange later this year, Clark Oil can earn up to 40% in both permits via a staged work program and up to 75% in a 64 sq km block surrounding any well drilled.
Clark Oil will also lead negotiation of land access and cultural heritage management agreements with registered native title claimants over the permits. - Web Site
OPERATIONS UPDATE - BEAR RIVER PROJECT, ROUTT COUNTY, COLORADO, USA
MAIN POINTS
Full Year Accounts
Ceasing to be a substantial holder - Web Site
Shares Being Released from Escrow - Web Site
Replacement of Change of Registered office address - Web Site
Appendix 3B: Conversion of Listed Options - Web Site
Appendix 3B - Web Site
Harvesst Home JV with Fiddlers Creek Gold Mining Company - Web Site
Initial Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
10000 Metre RC Drilling Programme Commenced
Integra Mining Limited (Integra) is pleased to announce a major 10,000 metre RC drilling programme has commenced at the Company's Aldiss - Randalls Gold Project located approximately 100 kilometres east of Kalgoorlie in the Eastern Goldfields of Western Australia.
Earlier this week, two RC drill rigs arrived on-site and have commenced drilling of several targets in both the Aldiss and Randalls Projects (Figure 1). The drilling has two objectives - the primary objective is the identification of a further 100,000 ounces of gold resources sufficient to sustain a fifth year of gold production in addition to the four years of mine life previously demonstrated by a Pre- Feasibility Study completed by Integra.
The second objective is to test a number of ‘New Discovery' opportunities identified by recently completed targeting initiatives. - Web Site
North Marillana Extension Drilling Results - Web Site
Appendix 3B - Web Site
NAE: Bullabulling South Prospecting Licences WA - Web Site
Appendix 3B - Web Site
Constitution - Web Site
Corporate Governance Statement - Web Site
Appendix 1A - ASX Listing application & agreement - Web Site
Renewals or Grant of Exploration Tenements - Web Site
Distribution Schedule - Web Site
Terms & Conditions fo Options - Web Site
Restricted Securities - Web Site
Top 20 shareholders - Web Site
Pre-Quotation Disclosure - Web Site
ASX Circular: Commencement of Official Quotation - Web Site
CXY ann: Drilling results support 40MW power station
The Cougar UCG project is on a portion (deep coal area) of Metallica's Kingaroy Coal project in which CXY is earning a 70% interest.
COUGAR Energy (CXY) believes it has enough coal gas to support a 40 megawatt power plant near Kingaroy, Queensland. But the company said it was looking at underground coal gasification (UCG) which involves converting the coal to gas before the latter is bought to the surface.
It said proponents of UCG say this is cheaper than using above ground gasification because there is no mining operation needed. But it adds that UCG is argued to be more efficient in utilising the entire energy in the coal than coal seam gas (CSG) extraction.
Cougar managing director Len Walker says that CSG recovers about 5 per cent of the energy in a coal seam, but his company's technology could retrieve between 70 per cent and 80 per cent of that energy. The former just taps the gas attached to the coal seams, while UCG actually converts the hard coal to gas..... - Web Site
Open Briefing Monarch Gold Moving towards Production - Web Site
Notification of Change in Share Registry - Web Site
Acceptances reach 87.25% & Offer closes 15/03/07 - Web Site
Notice of status of defeating conditions re T/O - Web Site
Notice that defeating conditions to takeover bid freed - Web Site
Company Secretary Changes - Web Site
Appendix 3B - Exercise of May 2007 Options - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Final Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Section 708A Notice - Web Site
Notice of Completion - Web Site
Appendix 3B - Web Site
Change in substantial holding from NAB - Web Site
Market Update - March 2007 - Web Site
Review of Chile Projects
Share Purchase Plan - Extension of Closing Date - Web Site
Appendix 3B - Web Site
Commencement of New Drilling Program at Maibele - Web Site
Russian Copper smelter commissioned - Web Site
Perkoa Update - Web Site
SLV: Update on Everest North - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Investment Bank appointed as Debt Advisor - Web Site
Release from escrow - Web Site
Appendix 3B - Web Site
Completion of Seismic Acquisition - Web Site
Drilling & Assay Results - Wilgerup Iron Ore Deposit - Web Site
Change of Registered office address - Web Site
Board Change - Web Site
Option to purchase 100% of Yarlarweelor Uranium Prospect
3D SEISMIC TO COMMENCE IN CANADA
FAR, in partnership with a major Canadian company, is set to commence shooting a 3D seismic survey in the Alberta Deep Basin, located in Western Canada.
The survey is scheduled to start on or around 15 March 2007 and will be acquired over several existing leads defined by earlier 2D seismic supported by subsurface well control.
The objective is to evaluate the surface to basement potential of these leads including the Wabamun formation that is gas productive in the near vicinity. It is anticipated that at least one or more drillable locations will be finalised after receipt of the processed 3D seismic data, which is expected before the end of the second quarter.
Together with its Canadian partner, FAR now controls key acreage in the area and upon completion of the 3D program will seek industry partners to drill the prospects identified.
FAR's interest in the venture is determined on an expenditure equalisation formula that on present estimates will see FAR controlling a working interest of around 36%....... - Web Site
DRILLING UPDATE - USA Gulf Coast
Kicker Prospect, Vermillion Parish, South Louisiana (FAR 5%)
Marceaux #1 at interim casing point 4,015 feet
The Marceaux #1 well spudded on 28 February using Great Wall Drilling Rig 172 and has run 13 and 3/8 inch casing to 4,015 feet prior to drilling ahead. The well will evaluate the Kicker Prospect located on a 1,017 acre lease block in Vermillion Parish, South Louisiana. The prospect is supported by a combination of subsurface well control and 3D seismic and is located on the northwest flank of the Kaplan field that has produced 300 BCF gas.
The Kicker Prospect is a three-way dip fault closure that will be evaluated by a dry land straight hole test to a planned total depth of 13,200 feet. The well is expected to spud during the next few days and has a planned drilling duration of approximately 42 days.
The test well is prognosed to be approximately 200 feet structurally high to a well that encountered excellent oil and gas shows. There are two objective sands, the Alliance 2 and 3 Sands which are estimated by the operator to have potential in the order of 22.8 BCF gas and 2.2 million barrels of condensate if both sands are successful. The objective sands are productive in several adjacent fault blocks.
Existing infrastructure lies nearby providing for quick sales turnaround in the event of a successful well.
The Operator is Sandalwood Exploration LP of Houston, Texas. In the event of a successful well, FAR's working interest reduces to 3.75% after payout. All other participants are North American entities. - Web Site
Becoming a substantial holder - Web Site
Corporate Presentation - Web Site
s708 Notice & Appendix 3B - exercise of unlisted options - Web Site
Updated Investor Presentation - Web Site
Dismissal of Motion for Reconsideration on Co-O Mine MPSA - Web Site
Accepts Farmin Offer from Avery Resources - Web Site
Gloucester Basin Pilot Appraisal and Exploration Programme - Web Site
Acquisition of Uranium Exploration Project in Tanzania - Web Site
Appointment of Acting Company Secretary - Web Site
Form 14A as lodged with SEC (Notice of AGM) - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
BMO Conference Presentation - Web Site
Change in substantial holding - Web Site
AGK ann: AGL not to pursue merger of equals proposal - Web Site
Section 708A Notice
Issue of Shares to Saad Investments Company Ltd - Web Site
Removal from ASX Official List
Petra Diamonds Limited ('Petra' or 'the Company'), the AIM-quoted diamond group, refers to the announcements it made on 7 December 2006 and 5 February 2007 regarding the removal of the Company from the official list of the ASX. Petra confirms that with effect from 7 March 2007 ordinary shares in the Company were, following Petra's request, suspended from trading on the ASX. On 14 March 2007, the Company will be delisted from the ASX official list. - Web Site
Uranium & Tungsten Exploration Update
Uranium exploration update
Paradigm is pleased to report that the Company has commenced exploration at its wholly-owned Cloncurry uranium project in northwest Queensland. Initial reconnaissance exploration has confirmed elevated radioactivity over Toolebuc limestone outcrops in the order of 5-15 times background levels (i.e., 150-500 counts per second). These levels of radioactivity confirm the widespread anomalous uranium in the regional radiometric data.
Paradigm has collected reconnaissance rock chip samples from one of its granted permits. Several of the recent samples were found to contain trace to minor amounts of a bright yellow secondary uranium mineral, believed to be carnotite, from within microfractures in the limestone. Assays are awaited for these initial samples. The Company has previously reported that ERA samples from the 1970s assayed up to 280 ppm uranium and 200 ppm molybdenum from limestone in the general area
Systematic rock chip sampling and detailed geological mapping will be undertaken to locate the thicker and more reactive parts of the limestone, prior to drilling.
Tungsten exploration update
A drill rig has been contracted for a 2000m reverse circulation (RC) percussion drill programme at the White Rock tungsten project near Rye Park NSW beginning in March 2007.
Numerous high priority targets will be drill tested including targets adjacent to tungsten-bearing granite along strike and down-dip of the existing White Rock Mineral Resource envelope (Mineral Resource of 150,000 tonnes @ 0.9% WO3). The existing Mineral Resource is equivalent in gold terms to approximately 40,000 oz of gold at a grade of 9g/t using current metal prices. The White Rock Mineral Resource is shallow (<40m depth), potentially open pittable, and high-grade, while tungsten mineralisation is open.
Paradigm is targeting a tungsten resource of 1 million tonnes at a high tungsten grade, which the Company believes could generate strong future cash flow. - Web Site
DIAMOND DRILLING IDENTIFIES HIGH GRADE MINERALISATION AT MENZIES WA GOLD PROJECT - Highlights
Media Release: Menzies Project Update - Web Site
Presentation to Euroz Conference March 2007 - Web Site
Half Year Accounts - Web Site
Disclosure Document - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Rio Tinto plc share transaction 6 March 2007 - Web Site
Mozambique Exploration Results - Web Site
Nickel Mining Agreement Signed - Web Site
2007 Annual General Meeting - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
SABIC & QATAR Steel sign MOU for Iron Ore Project Mauritania - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice x 5 - Web Site
Jingemia-11 Oil Development Well Drilling Report, L14, Onshore North Perth Basin, Western Australia
Summary:
Victoria Petroleum NL has been advised by Origin Energy Limited, operator of the L14 Joint Venture and Jingemia-11 oil development well, that at 0600 hours Western Standard Time today, the current operation was drilling ahead at 1686 metres. - Web Site
Further excellent results from Peculiar Knob drilling prog - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice
Appendix 3B
|
Wednesday 07 March 2007 (Close of Business - New York)
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| All Ords | 5803.3 | +53.4 | Dow Jones | 12,192.45 | -15.14 | |||
| ASX100 | 4707.9 | +41.7 | S&P 500 | 1391.97 | -3.44 | |||
| ASX200 | 5825.3 | +53.5 | Nasdaq | 2374.64 | -10.50 | |||
| ASX300 | 5834.6 | +54.3 | NYSE Volume | 3,074,211,000 | ||||
| Materials (Sector) | 11,011.5 | +145.8 | US 10-Year Bond | 4.497% | -0.031 | |||
| All Ords Gold (Sub Industry) | 4420.6 | +86.2 | Gold - spot/oz | US$649.20 | +5.60 | |||
| Metals & Mining (Industry) | 3669.6 | +49.1 | Silver - spot/oz | US$12.96 | +0.12 | |||
| Energy (Sector) | 12,102.7 | +36.8 | Platinum - spot | US$1189.00 | -1.00 | |||
| AGC Macquarie Au | 4812 | +89.6 | Palladium - spot | US$346.00 | unch | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2896.6 | +56.4 | Bridge CRB Futures Index | 404.30 | +2.89 | |||
| Hang Seng | 18,918.6 | -139.9 | Light Crude (NYM - $US per bbl.) | US$61.82 | +1.13 | |||
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| India BSE 30 | 12,579.8 | -117.3 | Copper (LME - spot $US/tonne) | 6132 | +165 | |||
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| A$ = US77.70 | +0.20 | Nickel (LME - spot $US/tonne) | 44,900 | +1,850 | ||||
| A$ = 90.21yen | -0.28 | Aluminium (LME - spot $US/tonne) | 2733 | +9 | ||||
| A$ = 0.590Euro | unch | Tin (LME - spot $US/tonne) | 13,805 | +450 | ||||
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Stocks fell slightly (after an initial plunge followed by a partial recovery) but showed more signs of stability Wednesday as investors sifted through new economic data and found little reason to resume last week's heavy selling pace.
The stock market was unimpressed by data showing a weaker jobs picture and sluggishness in some areas of the country.
Advancing issues and decliners were virtually equal, on slightly lower volume, on the New York Stock Exchange.
Overseas markets, which have influenced U.S. trading over the past week, finished mixed and contributed to Wall Street's uncertainty.
Light, sweet crude rose $1.13 to settle at $61.82 a barrel on the New York Mercantile Exchange after weekly domestic inventory data showed a surprising drawdown on stocks.
Nickel gained in London for a second day as the first decline in inventories in a week stoked speculation that a shortage of the metal will persist.
High-grade copper futures on the Comex division of the New York Mercantile Exchange closed solidly higher Wednesday, boosted by short covering and higher gold and silver futures prices, an analyst said.
Gold futures closed higher Wednesday to score a two-session gain of nearly $14 an ounce, finding support in a rebound in global stock markets and a broader recovery in commodity prices.
South Africa's annual gold production (down 7.5 per cent in 2006 to 275.1 tonnes) has sunk to its lowest level since 1922, extending the decline from the world's biggest source of gold.
BSM's : Media Release - Bonds Range Drill Program - Web Site
Change of Director's Interest Notice - Web Site
Rights Issue Acceptances - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Weather Impacts ERA Operations - Web Site
Change of Director's Interest Notice x3
Final Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice x2 - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Section 708A Notice - Web Site
Appendix 3B: Placement B
Change in substantial holding - Web Site
Appendix 3B - Web Site
Final Director's Interest Notice - Web Site
Option Issue Prospectus - Web Site
Change of address - registered office & place of business - Web Site
Correction to Appendix 5B - Web Site
Appendix 3B: Exercise of Listed Options - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Status Report for Margarita Shallow Gas Exploration USA - Web Site
Release of restricted securities
New Officers - Web Site
Trading Halt - Web Site
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1 Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1well's testing programme in continuing. Full details will be released once the programme is completed.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2 Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 well spudded on 25 January 2007. The well reached a total depth of 12,800 feet and after wireline logs were run, the casing was run and cemented to a depth of 12,595 feet. The rig has now been released. A production testing program is currently being formulated.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1 Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares 25%
As at 6th March 2007 the Ilse -1 well was drilling ahead at a depth of 15,652 feet (4,816 metres) in a 6.5" hole inch hole.
During the week, elevated gas readings were encountered over a 70 feet interval at a depth which broadly coincides with the upper of the two primary targets. The significance of these elevated readings will not be known until wireline logs have been run and potentially production tested. Total planned depth for the well is 17,300 feet (5,274 metres
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1 Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The Garcitas Ranch C-1 well reached a final TD of 13,030 feet on 24 January 2007. The production testing program has been completed and is testing is scheduled to begin next week....... - Web Site
Ausmelt to Investigate First Pig Iron Project - Web Site
Change of Director's Interest Notice - Web Site
EGO: Empire commences the drilling of Parrot Hill-2
Gas-To-Liquids Pre-Feasibility Study Confirms Exciting Opportunity
Arrow Energy N.L. (Arrow) and Alcan (South Pacific) Pty Ltd (Alcan) have completed their joint study, initially announced in September 2006, investigating the feasibility of a potential Gas to Liquids (GTL) plant.
The results of the study, conducted by leading engineering company GHD Pty Ltd (GHD), supports Arrow's earlier work which showed that a plant, located on the Queensland central coast, is technically feasible and economically attractive. It is recognised that more thorough feasibility and engineering studies will ultimately be required to confirm these initial encouraging results.
The plant considered in the study would use 180 TJ/day or 66 PJ/year of Coal Seam Gas (CSG) to create 20,000 barrels per day of liquids comprising 70% ultra low sulphur diesel, 25% Naptha and 5% LPG.
GHD estimate that the capital requirement for such a plant would be around A$1 billion with cash operating costs of approximately A$10 per barrel (excluding the cost to deliver CSG).
Using reasonable assumptions for cost of delivered CSG and a mid range long term oil forecast, the project would deliver a very attractive rate of return with significant upside from higher oil prices..... - Web Site
BPT's ann: Weekly Drilling Report - Web Site
Seismic Completion
Central has completed a pre-drilling programme of additional seismic over 3 major prospects in the Amadeus Basin targeting 3.4 TCFG and 105 BCFG Helium. Two of the prospects, Ooraminna and Waterhouse show signs of hydrocarbon microseepage to surface and structural analysis has detailed several zones in each prospect of maximum fracture density which are thought to co-incide with maximum potential productivity if hydrocarbons are present in commercial quantities. - Web Site
Further High Grade Oxide Copper Intercepts - Web Site
Appendix 3B: Issue of Shares - Web Site
NORTHERN TERRITORY - UPDATE
Deep Yellow Limited (DYL) is pleased to announce that its application for two exploration licences (ELA's 25490 and 25491) covering 1,017 km2 has been accepted by the Department of Primary Industry, Fisheries and Mines (DPIFM). The tenement applications cover interpreted palaeochannels now represented by current day drainages. The extensive sheetwash plains underlying the tenements are sourced from the weathering of the uraniferous granite terrane of the Mt Doreen - Mt Hardy area to the northeast of the Bygrili uranium deposit. The primary target within the tenements is calcrete - hosted uranium mineralisation.
DYL's exposure to the highly prospective Tanami - Arunta uranium province totals 52,046 km2 comprising:
The target within the majority of the tenement areas is calcrete-hosted uranium mineralisation similar to the Napperby deposit....... - Web Site
Deep Yellow Limited Audio Broadcast - Web Site
Initial drilling results from coal exploration - Web Site
WEATHER IMPACTS ERA OPERATIONS
A tropical low pressure system which led to the formation of cyclone George resulted in nearly 850 millimetres of rain falling over Energy Resources of Australia Ltd's Ranger operation in the seven days to 4 March. In one 72-hour period alone, a total of 750 millimetres fell. The area has received 1,600 millimetres to date this year, which is above the total annual average rainfall.
ERA has declared force majeure on its sales contracts as a result of the effect of the rainfall on production at the Ranger mine and processing plant.
As advised to ASX on 1 March, mining operations ceased on 27 February as is normal practice during high rainfall and the plant was shut down in a planned manner on 28 February.
The mine has restarted operations today and the processing plant is expected to restart within the next week.
First quarter production is estimated to be between 20 and 30 per cent lower than in the corresponding period last year. The impact of the water level in the operating pit is still being assessed, however production will be impacted in the second half of 2007..... - Web Site
Financial Report Period Ended 31 December 2006 - Web Site
Amended Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Release of Shares from Escrow - Web Site
Amended Appendix 3B - date of enter & despatch - Web Site
Crux-2 ST1 Appraisal Well Progress Report No.12 - Web Site
Change in substantial holding - Web Site
VPE: Jingemia-11 Oil Development Well Drilling Report L14 - Web Site
Half Yearly Report & Half Year Accounts
Denies Bid Motivated by Litigation Concerns - Web Site
Ceasing to be a substantial holder - Web Site
Drilling to Restart: New Breccia Pipes to be Tested - Web Site
Appendix 3B - Web Site
2006 Annual Report - Web Site
Newman Iron Ore Claim Successful Ballot - Web Site
Further Successful Oil Appraisal Drilling at Nth San Ardo - Web Site
Corporate Presentation - Web Site
SUMMIT RESPONDS TO PALADIN'S ADVISERS
Paladin's Opportunistic and Inadequate Takeover Offer
Freehill's Letter
Dear Fellow Shareholder
Summit has received a letter from Freehills, the lawyers acting for Paladin. In its letter, Freehills raises three issues of concern in relation to the letter dated 2 March 2007 which we sent to you recommending that you REJECT THE PALADIN OFFER (the "Rejection of the Offer").
In its letter, Freehills makes a number of strong assertions that Summit has tried to mislead you - assertions which we deny. In its letter, Freehills also states that it reserves "the right to take immediate action (including by application to the Takeover Panel for interim relief), without further notice...".
Summit and its advisers have reviewed the letter from Freehills and we do not regard the issues that Freehills has raised as being material to your decision about whether or not to accept the offer.
We do believe, however, that if Summit does not respond publicly to Freehills assertions, it is almost certain that Freehills will make an application to the Takeovers Panel on behalf of Paladin in respect of the allegations raised in their letter. Whilst we have no concern about responding to such an application, we believe that it would be a waste of Summit's time and money and we have therefore decided to write this letter to you to directly respond to the issues that Freehills has raised.
NOTHING THAT FREEHILLS HAS ASSERTED CHANGES IN ANY WAY THE UNANIMOUS OPINION OF YOUR DIRECTORS THAT THE PALADIN OFFER IS OPPORTUNISTICALLY TIMED TO CAPTURE VALUE THAT WE EXPECT WILL FLOW TO YOU IN THE SHORT, MEDIUM AND LONG TERM.
YOUR DIRECTORS CONTINUE TO URGE YOU TO REJECT THE PALADIN OFFER.
We are currently preparing our formal response to the Paladin offer (our Target's Statement) which we will be dispatching to all Summit shareholders in due course.
In the meantime, the Freehills allegations and Summit's response to each of them are set out below......- Web Site
Wonnich Deep-1 - More Gas at the Secondary (Flag) Objective
Progress
As of 0600 hours this morning the well is evacuated for Tropical Cyclone George after drilling ahead to 4,100m measured depth. After re-manning, the well is planned to drill to a total depth of around 5,200m measured depth.
The secondary target Flag reservoir was intersected and logs indicate an un-swept 28.5m gas column overlying a 3.5m oil column.
Tap Comment
The un-swept gas zone at the Flag sandstone level in Wonnich Deep-1 is a positive result and is better than expectations inferred from production data. It is possible that the gas in this part of the field is in a separate compartment from the gas currently being accessed by the Wonnich-1 production well. The gas identified in the Wonnich Deep-1 well will have a positive effect on reserves estimates for the Wonnich producing field.
The primary objective of the well is to test the Upper Jurassic Dupuy sandstone which is a proven reservoir in the basin. With delays due to cyclones it is anticipated that results from this level will be available in 10-14 days. - Web Site
Gamma-1 Oil Exploration Well Drilling Report - Web Site
Status Report for Margarita Shallow Gas Exploration Project, Onshore Gulf Coast, Texas, USA
Summary:
Victoria Petroleum NL provides the following report on the drilling, completion and production testing activities for the first three wells drilled in the Margarita shallow gas exploration project, onshore Gulf Coast, Texas.
1. El Viejito #1 Well
The flow test on the El Viejito #1 has been successful, with the well currently on a 24 hour test flow period (due to finish at approx. 5:00 PM WST March 6, 2007). The well has flowed at a rate up to 210 thousand standard cubic feet per day (mscfd) and is currently flowing at a stabilized rate of 175 mscfd. Both flows were constrained at surface by the choke size while engineering data is obtained. Well flowing and bottom hole pressures are good and it is expected that the flow rate when in production can be increased from the current level.
Gas contracts and regulatory approvals for a gas sales line are currently being sought for the well.
2. Dos Dedos # 1 Well
The Dos Dedos well reached total depth on February 3, 2007 at approximately 9:30PM WST. Wire line logging operations have been conducted and the interpretation of this data indicates a total gas pay of 3.5 meters over 3 zones. This is within the range of expected pay predictions pre drill. The well has been completed with production casing in preparation for a flow test.
Dos Dedos is the third well in the Margarita Project shallow drilling program, all of which have encountered oil and or gas and all have been completed for flow testing. Drilling operations will take a break while the rig is contracted to another operator, a further release will be made when drilling operations on the remaining 3 wells in the shallow program recommence.
3. Milagro #1 well
Well flow testing is now anticipated to commence during the evening of Wednesday (WST) March 7, 2007. The three shallow wells that have been drilled are analogues of historic prolific Frio and Vicksburg sands production in the project area at less than 2,000 meters depth. This program is a precursor to commencement of a drilling program on more substantial individual deep 30 to 200 BCF gas potential prospects forecast to commence mid year 2007. - Web Site
Jingemia-11 Oil Development Well Drilling Report, L14, Onshore North Perth Basin, Western Australia
Summary:
Victoria Petroleum NL has been advised by Origin Energy Limited, operator of the L14 Joint Venture and Jingemia-11 oil development well, that at 0600 hours Western Standard Time today, the current operation was drilling ahead at 1149 metres.- Web Site
Change of Director's Interest Notice
Trading Halt - Web Site
Half Year Accounts - Web Site
Relodgement of ann. 22/02/07 re Competent Person Statement - Web Site
Murninnie Drilling Confirmed - Web Site
AUT: Sugarloaf-1 Well Testing Program - Web Site
Operations Update - Web Site
Change in substantial holding from OXR
Response to ASX Query re: Further Price Query - Web Site
Weekly Drilling Report - Exploration wells:
Butschek A #1
Type: Gas wildcat
Location: Lavaca County, Texas
Target Depth: 9,200 feet - Wilcox sands
Working Interest: 25%
Operator: Trio Consulting and Management LLC- Wichita Falls, Texas.
Status: The operator is waiting for the drill rig to be released from another well in which Amadeus is not involved with. This is expected within the next week.
Losey Trust # 3
Type: Oil development
Location: White Eagle
Project, Stafford County, Kansas
Target Depth: 4,700 feet - Mississippian
Working Interest: 68%
Operator: TNT Engineering Inc- Wichita Falls, Texas.
Status: The location of the Losey Trust #3 well is still too wet to allow access for the drill rig. The well will be postponed until dry weather. - Web Site
GTL Study Confirms Opportunity - Web Site
Change in substantial holding - Web Site
Company Update - Web Site
Presentation to Citigroup Investment Conference - London - Web Site
Presentation - Shareholder Update - Web Site
Notification of Significant Holding
Appointment of new Exploration Manager - Web Site
Enters Tin Exploration - Web Site
Chinese regulator approves Hunan's participation in base metal joint ventures
The Chairman of Compass Resources NL ("CMR"), Gordon Toll, is pleased to announce that the Hunan Non Ferrous Metals Corp ("HNC") have confirmed that the National Development and Reform Commission ("NDRC") has approved HNC's participation in the oxide, sulphide and exploration joint ventures as previously announced.
The approval allows HNC to participate in the various joint ventures by:
Notice of General Meeting - Web Site
Centamin Egypt Limited has recently released the Preliminary Prospectus with regard to the Toronto Stock Exchange listing - Web Site
Substantial Resource Upgrade at Mt Carlton - Web Site
Significant Adelaide Fold Belt Expansion - Web Site
First Drill Results from Tasmanian Programme
The drill hole hit a large new alteration zone with anomalous gold and lead - a result that definitely needs follow up with further geophysics and drilling. Copper Strike's land position in Tasmania is impressive with a dominating presence in the area of the large Mt Lyell Copper Mine.
Drilling is currently underway with two rigs on the Chloe prospect in the Einasleigh area of North Queensland. The objective of this programme is to extend the deposit to the east and at depth. The best hole to date, CH015, announced before Christmas, was the deepest, most easterly hole so we're keen to extend the deposit in these directions. In CH015 we intersected 26 metres containing 9% zinc / lead. New assay results should start flowing in by the end of April. - Web Site
Appendix 3B - Web Site
Exploration Update - Web Site
Placement To Botswana Institutions
Discovery Metals Limited is very pleased to announce that it has completed a $2M placement to two leading Botswana financial institutions being Investec Asset Management and Fleming Asset Management (Botswana). The funds raised will be used to continue the drilling and assessment of DML's Maun Copper Project and Dikoloti Nickel Project in Botswana. - Web Site
Gold Project in Swaziland - Web Site
Change of Director's Interest Notice - Web Site
Equinox Closes Equity Offering Deal / Raises Gross Proceeds of Cdn$211.25 million / (Aus$232.2 million)
Equinox Minerals Limited (TSX: EQN) (ASX: EQN) (the "Company") is pleased to announce today that it has closed its equity offering previously announced on February 16, 2007 and February 19, 2007, including the exercise of the over-allotment option, and issued a total of 105.625 million units ("Units") at a price of Cdn$2.00 per Unit for gross proceeds of Cdn$211.25 million (Aus$232.20 million) (the "Offering")..... - Web Site
Cancellation of Royalties Boosts Gunnedah Coal Seam Gas Proj - Web Site
News Release - Flinders Maintains Diamond Focus - Web Site
Becoming a substantial holder - Web Site
Kinanatu Project - Placement of Shares to RCF (IV) - Web Site
Trading Halt - Web Site
SUPER HIGH-GRADE STRAND EXTENDED AND ENHANCED BY LABORATORY RESULTS AT COOLJARLOO NORTH
The high-grade core of the shallow heavy mineral (HM) strand recently discovered at Cooljarloo North(Target 1, ASX release 7 February 2007)) has now been drilled and extended from 2km to at least 2.5km in length within a strand which is 4.2km long and 100m wide (see attached map). The high-grade core of this strand is on average 40-80m in width and often between 4-8m in thickness at shallow depths of 2-6m from surface with mineralised overburden (refer to attached sections). The laboratory grades as shown in the following highlights and attached table are exceptionally high and are between 5 to 10 times the average grades being mined at the nearby world-class Tiwest Cooljarloo Mine, where the dry mining operations average between 4 to 5% HM. The laboratory results have been compared to the previously reported visual estimates (ASX release 7 February 2007) and have proved to be even higher in tenor as shown in the following highlights:..... - Web Site
Appnedix 3B - Placement Shares and Options - Web Site
Open Briefing - Exploration Success & Project Update - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
MOU - Minemakers & Wolfram Bergbau - Web Site
Mission Strengthens its Operations in China - Web Site
Drilling Report - Web Site
Namibian Uranium Projects - Web Site
MD Presentation to Surat Basin Coal Conference - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
New Blue Spec East Drilling Programme to Commence
Northwest is pleased to announce that a new 4,000m RC drilling programme will shortly commence at the company's exciting Blue Spec East target, located less than 400m from Northwest's Blue Spec deposit (JORC resource 155,000 oz Au @ 46.3g/t).
A combined Blue Spec-Blue Spec East deposit area has a potential gold endowment of well over 500,000 oz and, if realised, will underpin Northwest's future as a substantial high-grade gold producer..... - Web Site
Origin Energy to sell Rockgas to Contact Energy - Web Site
Exercise of Share Options - Web Site
Suspension from Official Quotation - Web Site
SMM: Letter to Shareh's:Paladin's T/O Offer Freehill'sLetter - Web Site
Chairman Appointment - Web Site
ASX Circular: Off-Market Buyback - Web Site
Major New Leasing Campaign Commences - Web Site
Rio Tinto plc share transaction 5 March 2007 - Web Site
Change in substantial holding - Web Site
Lacerta Operational Update - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
CEO at 2007 Euroz Conference - Web Site
Agreement with Traditional Owners at Frances Creek - Web Site
Appendix 3B - Bonus Options Exercised - Web Site
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Tuesday 06 March 2007 (Close of Business - New York)
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| All Ords | 5749.9 | +107.5 | Dow Jones | 12,207.59 | +157.18 | |||
| ASX100 | 4666.2 | +96.6 | S&P 500 | 1395.41 | +21.29 | |||
| ASX200 | 5771.8 | +118.2 | Nasdaq | 2385.14 | +44.46 | |||
| ASX300 | 5780.3 | +117.0 | NYSE Volume | 3,294,112,000 | ||||
| Materials (Sector) | 10,865.7 | +233.5 | US 10-Year Bond | 4.528% | +0.010 | |||
| All Ords Gold (Sub Industry) | 4334.1 | +91.1 | Gold - spot/oz | US$643.60 | +6.00 | |||
| Metals & Mining (Industry) | 3620.5 | +90.9 | Silver - spot/oz | US$12.84 | +0.25 | |||
| Energy (Sector) | 12,065.9 | +303.8 | Platinum - spot | US$1190.00 | +22.00 | |||
| AGC Macquarie Au | 4722 | +117.1 | Palladium - spot | US$346.00 | +6.00 | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2840.2 | +54.9 | Bridge CRB Futures Index | 401.41 | +2.24 | |||
| Hang Seng | 19,058.6 | +393.7 | Light Crude (NYM - $US per bbl.) | US$60.69 | +0.62 | |||
| Nikkei | 16,844.5 | +202.3 | Natural Gas (NYM - $US/mmbtu) | US$7.47 | +0.22 | |||
| India BSE 30 | 12,697.1 | +282.1 | Copper (LME - spot $US/tonne) | 5967 | +58 | |||
| FTSE 100 | 6138.5 | +79.8 | Lead (LME - spot $US/tonne) | 1868 | +5 | |||
| German DAX | 6595.0 | +60.4 | Zinc (LME - spot $US/tonne) | 3296 | +7 | |||
| A$ = US77.50 | +0.44 | Nickel (LME - spot $US/tonne) | 43,050 | +500 | ||||
| A$ = 90.49yen | +1.47 | Aluminium (LME - spot $US/tonne) | 2724 | -3 | ||||
| A$ = 0.590Euro | +0.001 | Tin (LME - spot $US/tonne) | 13,355 | +145 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street rebounded Tuesday as investors were encouraged by a recovery on world markets and moved to recoup some of the big losses suffered in last week's sharp pullback. However, U.S. investors were still contending with fundamental economic issues, including a weaker than expected reading on fourth-quarter productivity and the dollar's vulnerability against the yen.
The Labor Department reported that worker productivity rose at a modest annual rate of 1.6 percent in the fourth quarter while wages and benefits soared. The Commerce Department said factory orders fell 5.6 percent in January after a 2.6 percent increase the previous month.
Advancing issues outnumbered decliners by about 5 to 3, on slightly lower volume, on the New York Stock Exchange.
Shares in Asia gained the most in more than three months and European stocks rose for the first time in six days.
Oil prices rose as strategists pointed to robust demand for gasoline and falling petroleum inventories.
Copper and nickel snapped two days of declines in London as global stock markets rebounded, raising expectations that industrial metals demand will keep growing.
Lead increased 2.5 percent after Xstrata said it's maintaining "force majeure'' at a U.K. plant that may exacerbate a shortage of the metal used in car batteries.
Gold futures closed higher Tuesday to register their first gain in six sessions as a rebound in Asian and European stocks as well as gains on Wall Street helped boost demand for the precious metal.
Appendix 3B - Web Site
Change in substantial holding - Web Site
Voluntary liquidation of non-operating subsidiary
Annual Financial Statements and December Quarter MD&A - Web Site
Appendix 3B - conversion of GC Partner Options - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Letter to Shareholders - Web Site
Entitlement and Acceptance Form - Web Site
Half Year Accounts - Web Site
Change in substantial holding - Web Site
Corporate Summary for RION March 2007 - Web Site
Appendix 3B - Web Site
Initial Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Overview
Integra Mining Limited (Integra) is a Western Australia based gold exploration company with near-term mine development aspirations. The Company has a high quality asset base with:
Dividend Investment Plan Introduced - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Appendix 3B - Web Site
Broker Presentation 2007 - Web Site
Becoming a substantial holder - Web Site
Change of Director's Interest Notice - Web Site
Company Secretary Appointment - Web Site
Latest Research Report - Web Site
Change in substantial holding & App 3Yx 2 - Web Site
ACOJE NICKEL PROJECT - PHILIPPINES
NICKEL MINING AGREEMENT SIGNED WITH MAJOR LISTED PHILIPPINE CONTRACTOR - DMCI HOLDINGS
Rusina Mining Limited (ASX code: RML; AIM "RMLA") is pleased to announce that the Company has signed an agreement with DMCI Holdings (DMCI), a well known Manila-based and listed Mining and Civil Contractor, for initial nickel mining of its Acoje Project in the Philippines.
The agreement will result in 5 million tonnes of Acoje's surface nickel laterites being mined over the next five years under a profit sharing, partnering contract signed with DMCI, one of Manila's most prominent and growth orientated contractors and developers.
The agreement has the effect of sharing with DMCI 50:50 all net profits from the sale of the mined laterites at Acoje, a multi-layered mineral deposit hosting Chromite, Nickel and Platinum Group Metals (PGM). There is no requirement for any capital injection by Rusina into this mining operation, the first at Acoje, nor does the agreement entail the sale of project equity nor shareholder dilution.
The contract commits DMCI to be responsible for all funding, mining, grade control, rehabilitation, road and port development work, as well as the marketing and sales obligations, for the agreed 5 Mt ore volume.... - Web Site
Half Year Accounts - Web Site
Final Director's Interest Notice - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
2006 Financial Report - Web Site
2007 Interim Report - Web Site
VPE: Jingemia-11 Oil Developement Well Drilling Report L14 - Web Site
Worldwide financial and commodity markets have been in the spotlight over the last week. This inevitably leads to strong opinions (both positive and negative) being expressed in the media about what lies ahead for such markets. Therefore, from an Auzex perspective, I'd like to present some factual information about the performance of our key commodities.
Kingsgate Molybdenum-Bismuth Project
Molybdenum price in A$ is up 10.3% since 1 Jan 2007 to A$77,500 tonne.
Bismuth price in A$ is up 29.5% since 1 Jan 2007 to A$28,600 tonne.
Seven Hills Gold Prospect
A$ Gold is up 2.4% since 1 Jan 2007 to A$827 oz.
The next few months are a very busy time for Auzex. We will keep the market informed as we receive results from drilling at Seven Hills and relevant information relating to the scoping study for development of Kingsgate. - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Appointment of Auditors - Web Site
Investor Update - Web Site
Appendix 3B - Web Site
Clarification - Restructure Plan - Web Site
Appendix 3B
Option Terms
Distribution schedule - options
Distribution Schedule
Top 20 optionholders
Top 20 shareholders
Capital Structure 2 March 2007
Proposed expenditure budget for next twelve months
Consolidated Balance Sheet
Reinstatement to Official Quotation
Change of Registered office address - Web Site
Research Report - 2 March 2007 - Web Site
Management Change/Final Director's Interest Notice - Web Site
Amended Change of Director's Interest Notice - Web Site
Entitlement issue prospectus despatched to s/holders - Web Site
Appendix 3B - Web Site
New Chairman Appointed - Web Site
Cleansing Statement - Web Site
Kainantu Project - Placement of Shares to RCF (IV)
Highlands Pacific is pleased to announce that 82,715,518 shares have been issued to Resource Capital Fund IV LP (RCF IV) raising USD19.2 million. These shares constitute the first tranche of a placement of shares and options to RCF IV previously announced to the market on the 12th, 22nd and 28th February 2007. At completion, the full placement of shares will raise a total of USD20 million.
RCF IV is a new investment fund managed by Resource Capital Funds (RCF), a private equity funds manager based in Denver, Colorado, USA. RCF's various funds have investments in mining projects around the world in a range of commodities, including gold, base metals, coal and industrial minerals.
Mr. Ian Burvill, one of RCF's Australian based Partners, has also joined Highlands Pacific's Board.
On completing the issue of the first tranche of shares Mr Bob Bryan, Chairman of Highlands Pacific Limited said "we regard this major investment by RCF IV as very much a vote of confidence in the prospects of Highlands Pacific". Referring to Mr Burvill's appointment to Highlands Pacific's Board he added that "Mr Burvill's experience in the mining sector will be of real value to the Company going forward".- Web Site
Change in substantial holding - Web Site
Activities Update - Web Site
General Meeting Results - Web Site
Change of Director's Interest Notice - Web Site
MGM Audio Broadcast - Web Site
Davyhurst Go Ahead - Web Site
First Two Kreyenhagen Wells Discover Oil and Gas
Nuenco NL (ASX Code NEO) ("NEO") is pleased to announce that the two wells that have been drilled to-date at Kreyenhagen have delivered better results than expected, while the third well in the multi well program spudded over the weekend. Nuenco has a 5% "free carried" interest in a multi well appraisal drilling program which will see at least six wells drilled "back to back" in the Kreyenhagen Oil Field.
The significant oil column discovered in each of these wells (which is now the subject of analysis by the partners) has been found in the prolific Temblor Sands which are the main producing sands in the Kettlemen Hills Oil Field (7 miles to the north east) and the giant Coalinga Oil Field (6 miles to the north west - see map below). The Temblor Sand production in these fields - discovered in the late 1800's - is recorded in the Californian Department of Energy records as follows: ....... - Web Site
Initial Director's Interest Notice - Web Site
Appointment of Bill Bloking as a Director
William (Bill) F. Bloking has been appointed as a non-executive director of Norwest Energy NL.
Bill (56) recently retired as President, Australia/Asia Gas, BHP Billiton Petroleum. He has more than 32 years of experience in the energy sector, with both ExxonMobil and the BHP Billiton Group, and he has held senior executive positions in Australia, Asia, North America, and South America for more than 20 years. - Web Site
Half Year Accounts - Web Site
Presentaion - Web Site
Rights Issue prospectus posted to shareholders - Web Site
Pan Pacific Petroleum N.L. ("PPP") reports that at 0600 hours today, preparations were being made to drill on from 3,063 metres. Progress for the week was 806 metres.
The Tui Area Development is located within PMP 38158, in the Taranaki basin, approximately 50 kilometres offshore of the west coast of the North Island of New Zealand. First oil is expected from the development by June 30, 2007, and when fully commissioned, a production rate peaking at 50,000 bopd is anticipated. - Web Site
Signs MOU with Metallurgical Company - Web Site
Sylvania Plant Construction Schedule Update - Web Site
Summary of Proxies Received for General Meeting - Web Site
Project Margarita Update - 6 March 2007 - Web Site
LACERTA OPERATIONAL UPDATE (ATP 795P)
Following up on information previously issued on the Lacerta CSG project, Mitchell Drilling Rig 101 is rigging up to spud the Lacerta 23 Pilot well which represents the first of 8 CSG Pilot Production wells. - Web Site
Securties coming out of escrow - Web Site
Update Algerian Zinc Project - Web Site
Appendix 3B - Web Site
Jingemia-11 Oil Development Well Drilling Report, L14, Onshore North Perth Basin, Western Australia
Summary:
Victoria Petroleum NL has been advised by Origin Energy Limited, operator of the L14 Joint Venture and Jingemia-11 oil development well, that at 0600 hours Western Standard Time today, the current operation was drilling ahead at 853 metres.
- Web Site
Telowie-1 Drilling Report, PEL 94, Cooper Basin South Australia
Summary:
Victoria Petroleum N.L. ("Victoria Petroleum") has been advised by Beach Petroleum Limited, the Operator for PEL 94, that the Telowie-1 exploration well has been plugged and abandoned at a depth of 1,384 metres following Drill Stem Test #1.
- Web Site
Gamma-1 Oil Exploration Well Drilling Report, Cooper-Eromanga Basin, ATP 752P, SW Queensland
Summary:
Victoria Petroleum N.L. has been advised by the operator Bow Energy Limited, the Operator for ATP 752P and the Gamma-1 oil exploration well, located in the Wompi Block of ATP 752P in the Cooper-Eromanga Basin, Queensland, has reached its total depth of 1,517 metres, and has penetrated the primary target reservoirs encountering only minor oil shows. The well has been plugged and abandoned. - Web Site
McARTHUR RIVER MINING EXPANDS CONCENTRATOR CAPACITY
Madrid and Darwin, 6 March 2007
Xstrata Zinc announces that the capacity of the concentrator at the McArthur River open pit zinc-lead mine ("MRM") in the Northern Territory will be increased within the mine's overall footprint and in an energy efficient manner.
MRM's concentrator capacity will be increased from an annual throughput of 1.8 million tonnes per annum of ore to 2.5 million tonnes per annum, at a low capital cost of US$37 million (AUD50 million).
The expansion will enable annual production capacity to increase from approximately 320,000 tonnes to around 430,000 tonnes of zinc-lead concentrate, including the potential to produce a bulk concentrate with lower lead content, which can be processed in conventional smelters.
Additional production will be achieved with no increase to the mine's overall footprint, through the installation of two newly-developed Xstrata Technology fine grinding M10,000 IsaMILLs, to be used in the primary grinding circuit. This will improve energy efficiency and enable additional production from existing power generation facilities. The expansion is expected to be commissioned in mid 2008 and will be fully operational by the end of the third quarter of 2008......- Web Site
XSTRATA COPPER ANNOUNCES SUBSTANTIAL MINERAL RESOURCE UPGRADES IN LAS BAMBAS AND TINTAYA DISTRICTS IN SOUTHERN PERU
Santiago, 6 March 2007
Xstrata Copper announces an important resource expansion in its Las Bambas copper district and confirms a substantial Mineral Resource at the Antapaccay copper deposit, both in southern Peru. Antapaccay is located 9 kilometres from Xstrata Copper's Tintaya copper mine.
Xstrata Copper Chief Executive Charlie Sartain said:
"The successful results of the 2006 exploration program at Las Bambas, together with the publication of a substantial Mineral Resource so close to existing infrastructure at Tintaya, has confirmed southern Peru as a significant strategic region for Xstrata. The identification of a billion tonnes of combined Mineral Resources in the region at attractive grades, with substantial further exploration potential and a strong existing operating and infrastructure base, places us in an ideal position to pursue rapid, profitable growth in southern Peru.".....- Web Site
Xstrata Preliminary Annual Results for the year ended 31 December 2006 and Production Report
Highlights
Resignation of Joint Company Secretary - Web Site
EPA REQUIRES EXTENSION OF TIME
Macmin has been advised today by the EPA that a further extension of time, until May 4, 2007, is required to complete documentation on the Non-Standard Environmental Authority (EA) for the Twin Hills Mining Lease.
EPA stated their reason as follows:
"Additional time is necessary to allow EPA to process the environmental authority".
Macmin has previously stated that the Company has not been made aware by the EPA of any further requirements for information or data to complete the EA document. We acknowledge that delays are a symptom of the high level of activity in the industry at present, which is straining the human resources of all industry participants.
Shareholders and investors are referred to the Company Update of March 2 to acquaint themselves with the current status of commissioning/production at Twin Hills.
A brochure is available on the website (www.macmin.com.au) describing the current status of the Company's activities.
- Web Site
Completion of Issue re Placement - Web Site
Major New Ore Position Discovered at Trident
The ore zone, named Apollo, will add to Avoca Resources' high grade 800,000 ounce Trident Gold Deposit and expand the existing overall 1.1 million ounce resource at Higginsville. It has been intersected in six wide spaced diamond drill holes over a distance of 350m and remains open to the north. A key attraction of the discovery is that it lies only 20m north of the planned Trident Decline at a vertical depth of 430m.
This is another significant result for Avoca and the Higginsville Project. It further underwrites our confidence that Higginsville will grow into a 10 year plus gold mine, and demonstrates again that we are well on the way to developing Trident into one of Australia's premier new generation gold mines. - Web Site
PPP ann: Tui-3H Drilling Update - Web Site
Tui Drilling Update - Web Site
3D seismic survey update - Web Site
BHP Billiton Plc - Transaction in Shares - Web Site
Director's Interests - Dr D C Brink - Web Site
Renewed Gympie Strategy - Web Site
Drilling Update - Heron 1 (Block 20) Prepares To Test
The land-drilling rig ZJ50LDB operated by drilling operator GWDC (Great Wall Drilling Company) is still on the site of the CNPCIM operated Heron-1 exploration well in coastal Block 20 on-shore Mauritania, West Africa.
As at 2:00 pm (AWST) on the 5 March 2007, the operation was displacing drill mud in preparation for well testing. The past week has been spent installing the test equipment and performing operational and safety checks.
Based on hydrocarbon shows observed in the well and preliminary wire-line log interpretation the Operator has identified two zones within the cased 12 1/4"inch hole which are considered worth testing. These test intervals are 2152 - 2159 metres (test #1) in Turionian limestone reservoir and 1856.5-1863.5 metres (test #2) in Lower Campanian sandstone reservoir. The main objective of these tests is to confirm the existence of movable hydrocarbons that, if present, may be produced at potentially economic flow rates.
Since the two tests involve the well being shut-in for pressure monitoring for several days in total, once the testing commences it will take over a week to complete.
The results of Heron-1 and its implication for the prospectivity of Block 20 will be assessed by the Joint Venture and a meeting will be held in early Quarter 2 2007 to agree the forward work programme in the permit.
CNPCIM is a wholly owned subsidiary of CNPC International Limited (CNPCI) and is Operator of Block 20 with 65% interest. Baraka Petroleum's interest in Block 20 is 35%. - Web Site
Change in substantial holding - Web Site
Major new project areas acquired in McArthur River Basin NT - Web Site
ATP 752P Exploration Drilling Operational Update - Web Site
Change of Director's Interest Notice - Web Site
Trading Halt - Web Site
Appendix 3B - Web Site
Peltier 11-12 Operational Update - Web Site
Uranium Exploration Initiative Expanded - Web Site
CAP Cancellation: Incorrect ASX Code
Change in substantial holding from CBA - Web Site
Update on Namibian Activities
Update Julius Deposit - Yandal Project - Web Site
Sale of Exploration Acreage - Web Site
Appendix 3B
Contained Copper Equivalent at Kodu up 19% to 604,000 tonnes - Web Site
Questar Baxter Gas Results - Full Press Release Extract - Web Site
Business Acquisition Report - Web Site
Change in substantial holding - Web Site
Intrepid Receives Feasibility Study on Casposo Gold - Silver Project, Argentina
Intrepid Mines Limited (TSX: IAU, IXN & ASX: IAU), an international gold and silver production, development and exploration company, is pleased to announce results of the recently completed feasibility study conducted by AMEC (Peru) SA on the Kamila zone at the Casposo Project in San Juan, Argentina.
The highlights of the study are as follows (U.S. dollars are used, unless otherwise indicated):
Open Briefing: Independence. Record Profit & Growth Outlook - Web Site
Appendix 3B - Web Site
Top 20 shareholders - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice x 5 - Web Site
VPE ann: Telowie-1 Drilling Report PEL 94 Cooper Basin SA - Web Site
Ceasing to be a substantial holder - Web Site
Hurricane-2 Drilling Rig Secured - Web Site
Yandal Greenstone Belt - Drilling Underway to Upgrade - Web Site
Letter to Shareholders - Web Site
Company's Request for Voluntary Suspension - Web Site
Nexus and Shell Awarded AC/P41 Exploration Permit - Web Site
KUPE GAS PROJECT - UPDATE
Development of the Kupe Gas Project is progressing well and a number of important milestones have now been reached on time and on budget.
The Kupe Gas Project is a $NZ980 million dollar project which was approved to proceed in June 2006. Gas is expected to be on-line by mid-2009 and will provide New Zealand with approximately 254 petajoules of natural gas, 1.1 million tonnes of LPG and 14.7 million barrels of light oil.
Initial work on the Project has focused on:
Work is now underway to build a "rock mattress" along the seabed immediately before the HDD holes. This involves laying rocks along the seabed to smooth out the undulations caused by boulders in the area. The rocks are being taken from a quarry at Egmont Village and will be laid on the seabed floor using a special vessel, the ‘Pompeii'. The rock mattress will add stability to the pipeline and umbilical, particularly given Taranaki's strong weather and sea conditions.
The arrival date for the Ensco 107 drilling rig in Taranaki is now expected to be September 2007. The rig's current drilling commitments in Vietnam have been extended but this will not affect the Kupe Gas Project's critical milestones. - Web Site
New Zealand Oil & Gas Ltd ("NZOG") reports that at 0600 hours today, preparations were being made to drill on from 3,063 metres. Progress for the week was 806 metres.
The Tui Area Development is located within PMP 38158, in the Taranaki basin, approximately 50 kilometres offshore of the west coast of the North Island of New Zealand. First oil is expected from the development by June 30, 2007, and when fully commissioned, a production rate peaking at 50,000 bopd is anticipated. - Web Site
1:2 Non-Renounceable Issue/Issue of Unlisted Options & App3B - Web Site
Change in substantial holding - Web Site
CLO ann: Development on BassGas Arbitration - Web Site
Appendix 3B - Web Site
Grant of Share Options - Web Site
PEGASUS METALS SET TO TAKE WING: COMPANY LISTS ON ASX TOMORROW
Uranium focussed explorer, Pegasus Metals Limited, will list on the Australian Securities Exchange ahead of schedule at 10.30am (WDST) on Wednesday, 7 March 2007 after the Company's $3.5 million IPO recently closed early and substantially oversubscribed. Pegasus' ASX Code is PUN.
Executive Director, Peter Andrews, said the Pegasus Board and Management Team had been delighted by the level of investor support Pegasus had received for its IPO which reflected a combination of the quality of the Company's uranium, gold and base metals assets and the team's track record and expertise...... - Web Site
Allotment of Shares - Web Site
Accepts Bass Basin T06-2 Permit - Web Site
Rio Tinto plc share transaction 2Mar07 - Web Site
Appendix 3B - Exercise of Employee Options - Web Site
Appendix 3B: Macquarie Tranche B - 06/03/07 - Web Site
Notice of General Meeting - Web Site
Ceasing to be a substantial holder - Web Site
Deacon Resource Estimate - Web Site
Coyote Gold Project Update
Treatment Plant
Performance of the treatment plant has improved markedly and the Project is currently achieving +90% gold recovery from the treatment of low grade stockpiles. This improvement follows termination of the services of BeMeX Corporation Pty Ltd in late December 2006 and subsequent successful progress rectifying design and construction problems associated with the plant.
The plant has now been converted to a conventional carbon-in-pulp (CIP) plant, and the vat leach circuit removed. Performance of the Knelson concentrator (gravity circuit) has been optimised with only one concentrator required for operation. The Acacia reactor has been re-commissioned and operator training has been completed. The gravity circuit optimisation and closed circuit milling has resulted in a gravity gold recovery of around 75% since early February 2007. Consequently, only low grade feed is currently going into the leach adsorption circuit. Improvements have been made to the leach tanks and the current limited leach capacity of this circuit (which is planned to be increased with the installation of more tankage) has not caused problems with the lower grade ore being treated.....
Project Review
The detailed review of the Project undertaken by the Tanami Gold operations team and various expert consultants over recent months is nearing completion. As detailed above, the treatment plant modifications have progressed very well and the high recovery levels currently being experienced are expected to continue for the remaining open pit and underground ore..... - Web Site
Appendix 3B - Employee Options - Web Site
Change in substantial holding - Web Site
Change of Address - Web Site
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Monday 05 March 2007 (Close of Business - New York)
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| All Ords | 5642.4 | -132.8 | Dow Jones | 12,050.41 | -63.69 | |||
| ASX100 | 4569.6 | -105.4 | S&P 500 | 1374.12 | -13.05 | |||
| ASX200 | 5653.6 | -132.4 | Nasdaq | 2340.68 | -27.32 | |||
| ASX300 | 5663.3 | -133.9 | NYSE Volume | 3,414,567,000 | ||||
| Materials (Sector) | 10,632.2 | -324.6 | US 10-Year Bond | 4.518% | +0.003 | |||
| All Ords Gold (Sub Industry) | 4243.3 | -260.4 | Gold - spot/oz | US$637.60 | -3.20 | |||
| Metals & Mining (Industry) | 3529.6 | -125.1 | Silver - spot/oz | US$12.59 | -0.23 | |||
| Energy (Sector) | 11,762.1 | -572.7 | Platinum - spot | US$1168.00 | -32.00 | |||
| AGC Macquarie Au | 4605 | -304.3 | Palladium - spot | US$340.00 | -4.00 | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2785.3 | -46.2 | Bridge CRB Futures Index | 399.17 | -5.43 | |||
| Hang Seng | 18,664.9 | -777.1 | Light Crude (NYM - $US per bbl.) | US$60.07 | -1.57 | |||
| Nikkei | 16,642.3 | -575.7 | Natural Gas (NYM - $US/mmbtu) | US$7.25 | +0.01 | |||
| India BSE 30 | 12,415.0 | -471.1 | Copper (LME - spot $US/tonne) | 5909 | -144 | |||
| FTSE 100 | 6058.7 | -57.5 | Lead (LME - spot $US/tonne) | 1863 | -57 | |||
| German DAX | 6534.6 | -68.8 | Zinc (LME - spot $US/tonne) | 3289 | -53 | |||
| A$ = US77.06 | -1.14 | Nickel (LME - spot $US/tonne) | 42,550 | -1600 | ||||
| A$ = 89.02yen | -2.26 | Aluminium (LME - spot $US/tonne) | 2727 | -60 | ||||
| A$ = 0.589Euro | -0.004 | Tin (LME - spot $US/tonne) | 13,210 | -235 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street seesawed through an erratic session Monday, trying to stabilize but ultimately finishing near its lows of the day amid worries about mortgage defaults, a strengthening yen and tumbling stock markets abroad. The market remained jittery about losses over soured subprime loans, or loans to customers with poor credit ratings, as HSBC Holdings PLC, Europe's largest bank, said its 2006 earnings rose 5 percent but that it suffered $10.6 billion in losses on bad loans from its U.S. subprime mortgage operations.
Declining issues outnumbered advancers by about 5 to 1, on increased volume, on the New York Stock Exchange.
The Nikkei fell for the fifth straight session to close down 3.3 percent, Hong Kong's Hang Seng index fell 4 percent and the Shanghai Composite Index, which has been volatile in recent weeks, fell 1.6 percent.
In Europe, Britain's FTSE 100 dropped 0.94 percent, Germany's DAX index fell 1.04 percent, and France's CAC-40 declined 0.73 percent.
Also pushing stocks down, a rising yen added to concerns about an erosion of the yen carry trade, which is the process of borrowing the low-yielding yen to acquire assets in other currencies with greater yields.
Oil, copper, nickel and zinc led a global slump in commodities as tumbling share prices stoked concern that slowing U.S. and Chinese economic growth will curb demand for raw materials.
Oil dropped 2.5 percent in New York, nickel fell 4.4 percent, the most in a month and zinc shed 2.1 percent as commodities prices fell for a fifth successive day on speculation global economic growth will slow.
Gold tumbled to its lowest in six weeks on Monday as the carnage on equity markets infected sentiment for the precious metal and investors sold to cover their losses, analysts said. May silver fell 21 cents to close at a seven-week low.
Response to ASX Query re: Share Price - Web Site
Company Presentation - Web Site
Investors Presentation - Web Site
CENTRAL TO EXPAND ACREAGE HOLDINGS IN PROSPECTIVE AMADEUS AND PEDIRKA BASINS 5th March 2007
One of Australia's largest net onshore acreage holders, Central Petroleum Ltd (ASX symbol: "CTP"), today signed a conditional agreement with Traditional Oil Pty Ltd to acquire Exploration Permits EPAs 105, 106 and 107 in the prospective Amadeus and Pedirka basins in the Northern Territory. EPA 105 covers largely Amadeus Basin sediments while EPAs 106 and 107 cover a mix of Amadeus Basin and Pedirka Basin sediments. The EPAs are contiguous with and lie between Central's EP 82 to the west and EP 93 to the east.
The acquisition will add an additional 27,000 square kilometres or 6.5 million acres of ground to Central's portfolio, and is conditional upon the permits being granted to Traditional and their subsequent transfer to Central's wholly owned subsidiary, Merlin Energy Pty Ltd. With the Traditional acquisition, Central will control and operate over 230,000 square kilometres of ground in onshore Australia.
Under the conditional agreement, Traditional will be paid $100,000 in cash and $375,000 in Central stock in two stages. - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
AWE ann: Accelerates search for gas in southeast Australia - Web Site
QGC to proceed with EGM & reaffirms recommendations - Web Site
Notice re RSNG - Interest Payment and Note Redemption - Web Site
Summit Board REJECTS Paladin Takeover Offer - Web Site
TERM SHEET AGREED FOR US$ 20 MILLION CONVERTIBLE NOTE ISSUE
Austindo Resources Corporation NL ("Austindo") is pleased to announce that it has agreed non-binding indicative terms and conditions in respect of a Convertible Note Facility to raise US$20 million (with provision for oversubscriptions up to a further US$5 million). Funds raised pursuant to this Facility will primarily be applied to the completion of the Cibaliung Gold Project.
South East Asian Strategic Assets Fund ("SEASAF") and its advisor CIMB-Standard Strategic Advisors Pte Ltd of Singapore will arrange the Facility in co-operation with Austock Corporate Finance Limited ("Austock").
It is anticipated that SEASAF (subject to its final Investor Committee approval) will participate for US$10 million of the Convertible Note facility. It is further contemplated that participants in a US$5 million bridging facility arranged in December 2006 will roll into the Convertible Note facility. Austock will arrange the US$5 million balance of the facility. Oversubscriptions will be jointly managed by SEASAF Austock.
Draw down is subject to the successful finalisation of formal documentation and the satisfaction of a number of conditions precedent, including, but not limited to, shareholder approval and the preparation of a new engineering/mining plan covering for the decline development, steps to be taken to the start of ore extraction and methodology required to ramp-up to full production. It is anticipated that shareholder approval will be sought at the Company's Annual General Meeting which is presently scheduled to be held on 18 May 2007.
The Cibaliung Gold Project is located in Banten Province near the western tip of the island of Java, 150km south west of Jakarta. The funds raised will also be utilised to reinstate corporate funds applied to the development of the Cibaliung Gold Project.
Drawdown of this facility will enable substantive work to resume at Cibaliung and ensure that gold production is achieved at the earliest opportunity........
- Web Site
EPA REQUIRES EXTENSION OF TIME
Macmin has been advised today by the EPA that a further extension of time, until May 4, 2007, is required to complete documentation on the Non-Standard Environmental Authority (EA) for the Twin Hills Mining Lease.
EPA stated their reason as follows:
"Additional time is necessary to allow EPA to process the environmental authority".
Macmin has previously stated that the Company has not been made aware by the EPA of any further requirements for information or data to complete the EA document. We acknowledge that delays are a symptom of the high level of activity in the industry at present, which is straining the human resources of all industry participants.
Shareholders and investors are referred to the Company Update of March 2 to acquaint themselves with the current status of commissioning/production at Twin Hills.
A brochure is available on the website (www.macmin.com.au) describing the current status of the Company's activities.
- Web Site
Confirmation of Contact Details - Web Site
Response to ASX Price Query - Web Site
NuPower Listing - Web Site
AWE accelerates search for gas in southeast Australia
AWE Ltd has committed to a major new program of offshore petroleum exploration activity in a bid to substantially increase its capacity to supply more gas to the growing south east Australian energy market.
AWE and its co-venturers in the offshore Bass and Otway basins are already producing the equivalent of around 30 per cent of Victoria's daily gas needs but aim to be in position to expand production capacity even further.
Now AWE and its co-venturers will add to their exploration commitment by conducting a major new 3D seismic survey in permit Vic/P 44 in the offshore Otway basin. The survey, costing $A19 million, will start in May this year and is expected to lead to the development of a number of prospects and leads which could add substantially to the natural gas inventory of the region.
AWE and its co-venturers currently produce more than 200 Terajoules ("TJ") of gas per day from the Yolla (AWE 30%) and Casino (AWE 25%) gas fields which contain over 550 Petajoules ("PJ") of gas and 28 million barrels of associated LPG and condensate.
In the last three years AWE and its co-venturers have made three new gas discoveries at the Henry and Martha fields in the Otway basin and the Trefoil field in the Bass basin, and conducted major 3D and 2D seismic surveys.
This new 3D seismic survey adds to the $A1.1 billion AWE and its co-venturers have spent on petroleum exploration and development in the Bass and Otway basin regions over the last five years and adds to the A$40 million already committed to drill the Netherby-1 and Pecten East-1 exploration wells in the Vic P44 area at the end of 2007.
The 700 square kilometre, Otway 3D seismic survey will adjoin an earlier 3D survey area over the Pecten High trend that incorporates the Casino, Henry and Martha gas fields. The new survey will cover the Champion High trend which includes the large Champion South prospect and several adjacent prospects and leads (see attached map). ....... - Web Site
Bass Metals has been invited to present at the Melbourne Mining Club's "Cutting Edge" series of talks. - Web Site
TRIAL MINING STARTS AT QUE RIVER
The Company, in association with its alliance partner Mancala Mining Pty Ltd plans to excavate, crush and haul a bulk sample of approximately 2,000 tonnes grading 16.5% zinc, 7% lead and 2 oz./t silver 4km to the Hellyer Mill for a test processing trial. The Hellyer Zinc Concentrate Project joint venture between Intec Ltd, Bass Metal's major shareholder and private miner, Polymetals Group have signed an Ore Sales Letter of Intent with Bass Metals. The technical results of the trial, if successful, will be incorporated into a final binding Ore Sales Agreement.
Full scale open pit mining at Que River will then commence as soon as practical subject to the successful completion of the trial mining programme and receipt of Tasmanian Government approvals....... - Web Site
BASS METALS LAUNCHES HELLYER MINE PROJECT INITIATIVE FOLLOWING QUE RIVER
DRP - Web Site
Change of Registered office address - Web Site
Brazil RC Drilling Confirms High Grade Gold - Web Site
Questars Baxter Well Produces Significant Gas Flow - Web Site
ALFORD PROJECT - EXPLORATION UPDATE
Highlights
Hillgrove Resources PDAC Presenation - Web Site
Appendix 3B - Exercise & Issue of Options - Web Site
Change in substantial holding - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Exercise of Options - Web Site
Correction - Appendix 3B Share Purchase Plan lodged 27/02 - Web Site
Change in substantial holding from AGC
Drilling update - Web Site
Cerro Negro Drilling Update
HGO: Alford Project Exploration Update - Web Site
Appendix 3C Announcement of Buy-Back - Web Site
BHP Billiton Plc - Transaction In Shares - Web Site
BHP Billiton Plc - Transaction in Shares - Web Site
Change in substantial holding - Web Site
Appendix 3B: End of Escrow - Web Site
Re-affirms Commitment to Drilling - Web Site
Investor Roadshow Presentation - Web Site
2007 Work Programme Phase 2 Expansion - Web Site
Robertson Range - Stage 3 Final RC Results (Amended)
Highlights of the announcement include:
Dr John Armstrong stepping down
LLC: BLL reaches fin close on GBP320m Lancashire Waste PFI - Web Site
GRD & Bovis Lend Lease forge Lancashire partnership - Web Site
Initial Director's Interest Notice - Web Site
Top 20 shareholders - Web Site
Mission Biofuels to enter Chinese Biodiesel Market - Web Site
Punt Hill Presentation - Web Site
Ceasing to be a substantial holder from AMP - Web Site
Change in substantial holding from WRL - Web Site
Trading Halt - Web Site
Becoming a substantial holder for AGC - Web Site
NEW POWDER RIVER BASIN, WYOMING, USA TENEMENTS INCREASE HOLDINGS BY 36%
The Directors are pleased to advise that the Company has increased its Powder River Basin, Wyoming, tenement holdings by approximately 36%. Ten Federal mineral leases totalling 3,153 net hectares (7,791 net acres) have been conveyed from Lance Oil and Gas, a subsidiary of Western Gas Resources-Anadarko to the Company. Completion of transfer of ownership is subject to a procedural registration process.
The new leases, shown as Federal Leases in the map below, are situated either adjoining or within a kilometre of the Company's West Esponda tenements in Townships 48 and 49 North, Ranges 79 and 80 West, Johnson County.
These leases are not restricted to coal bed methane (CBM), but, like the Company's Oriva Federal project which is currently developing a conventional oil and gas project, convey all oil and gas rights to the Company. While the primary CBM target is the Big George Seam at depths of approximately 600 metres, conventional oil and gas prospects to depths greater than 2,500 meters are being evaluated.- Web Site
Change in substantial holding for NTU - Web Site
Operations Update & General Manager Operations Indee - Web Site
Secondary Listing on Hong Kong Stock Exchange - Web Site
LACERTA ACHIEVES GAS FLOW MILESTONE (ATP 795P)
The Lacerta 7 well has been successfully brought on production as the first of 4 initial pilot production wells on the Lacerta Field to undergo testing.
At start up the well recorded an un-stabilised water rate of 850 barrels a day. The pumps have been started at a low RPM, which when increased will see a rise in water production.
The water was accompanied by a free gas flow which is also expected to increase as dewatering progresses.
Managing Director Tony Gilby said completion of Lacerta 7 and the resulting gas/water flows represented a "milestone achievement" for the company in relation to development of the field.
"We are very encouraged by this initial production rate and expect the gas flow rate to gradually increase as the coal is progressively dewatered," Mr Gilby said.
The commencement of production testing coincides with the previously announced activity program on the field.
This program includes 16 core holes to delineate and quantify the Lacerta resource and a further 8 Pilot wells to assist in the certification of 2P reserves. - Web Site
Change of Director's Interest Notice - Web Site
Merger Between Gravity & Mwana Africa Plc Progressing - Web Site
Appendix 3B - Web Site
Twin Hills Silver Mine Update - Web Site
Change of Director's Interest Notice x 2 - Web Site
Appendix 3B - Conversion of Options - Web Site
Alcoa Form 8-K Filed March 1 - Web Site
Half Year Accounts - Web Site
S&P/ASX 300 - Web Site
Standard and Poors Announces March Quarterly Rebalance - Web Site
Response to ASX Query re :Share Price - Web Site
BUY's ann Drilling of Parrot Hill-2 in EP435
Appendix 3B - Web Site
Appendix 3B - Conversion of Options - Web Site
Response to ASX Query - Web Site
VPE: Jingemia-11 Oil Development Well Commences in L14 - Web Site
Standstill Agreement Update - Web Site
Letter to Shareholders and Investor Fact Sheet - Web Site
Half Year Accounts - Web Site
Dispatch of Option Issue Prospectus - Web Site
Change of Director's Interest Notice - Web Site
Australian Seamless Tube Project wins Federal Govt. Support - Web Site
BHP Billiton Plc - Notification of Major Interests In Shares - Web Site
VPE's ann Gamma-1 Oil Exploration Well Drilling Report - Web Site
VPE: Telowie-1 Drilling Report PEL 94 Cooper Basin SA - Web Site
INL February 2007 Progress at Hellyer - Web Site
Change of Director's Interest Notice - Web Site
Completion of Escrow Period - Web Site
Audio Broadcast - Web Site
Rion Energy Acquisition Media Release - Web Site
STX' ann: Weekly Oeprations Update - Web Site
Trading Halt - Web Site
Investor Presentation - Web Site
Tintaburra - Weekly Drilling Report - Web Site
Appendix 3B: New Issue & Option Exercise - Web Site
Drilling of Parrot Hill-2 commences 4 March - Web Site
Half Year Accounts - Web Site
Presentation to North American investors - Web Site
Appointment of director/retirement of director - Web Site
African Energy IPO and Priority Offer - Web Site
Amended Indicative Timetable - Web Site
Half Year Accounts - Web Site
Padre Island Activity & Exploration Update - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Entitlements Issue Closed Oversubscribed - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Exchangeable Share Disclosure - Web Site
Company Presentation - Web Site
Media Release Ironbark Acquires Major Zinc Project - Web Site
ASX Waiver Granted (LR 4.3B) - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder - Web Site
Tampa Update Presentation - Web Site
Expiry of Unlisted Options - Web Site
Results of EGM - Web Site
Change of Director's Interest Notice - Web Site
Ceasing to be a substantial holder - Web Site
Notice of General Meeting
Results of Resolutions put to General Meeting - Web Site
Appendix 3B - Web Site
Appointment of Non-Executive Director & Appendix 3x - Web Site
Change of Director's Interest Notice - Web Site
Trading Halt - Web Site
Issue of Shares to Cogema & Appendix 3B - Web Site
Analysts Presentation - Blue Spec Shear Gold Project - Web Site
Change in substantial holding - Web Site
Request for Trading Halt - Web Site
Change in substantial holding - Web Site
Report In Media on Bougainville - Web Site
Change of Director's Interest Notice x 5 - Web Site
Change of Director's Interest Notice x 3
EME: Significant Resource Upgrade at Bigrlyi Uranium Deposit - Web Site
SMM Media Release: Summit REJECTS Paladin Takover Offer - Web Site
Company Secretary Appointment/Resignation - Web Site
Appendix 3B & Section 708A Notice - Web Site
Change of Registrar - Web Site
Appendix 1A - Application for admission to official list - Web Site
Constitution - Web Site
Lionel Project - Status of E46/495 - Web Site
Corporate Governance Disclosure - Web Site
Restricted Securities - Web Site
Top 20 shareholders - Web Site
Distribution of Shareholdings - Web Site
Pre-Quotation Disclosure - Web Site
ASX Circular: Commencement of Official Quotation - Web Site
Results of EGM - Web Site
AGK: QGC shareholders approve AGL cornerstone shareholding - Web Site
Chairman's Address to Shareholders at EGM - Web Site
AGK ann: Increases its offer for QGC Shares - Web Site
Recommends improved AGL proposal - Web Site
Trading Halt - Web Site
Outstanding Drill Results - Barrambie Vanadium Project - Web Site
Final Director's Interest Notice - Web Site
Rio Tinto plc share transaction 1Mar07 - Web Site
Becoming a substantial holder x 3 - Web Site
Notice of Substantial Shareholder - Web Site
Chaneg of Registered office address - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Toms Gully Mine Operations Suspended Due to Rains - Web Site
US Activities Update - Web Site
Appendix 3B - Conversion of Options - Web Site
Change in substantial holding - Web Site
Option Issue Notice - Web Site
Change of Director's Interest Notice x 2
Retention form unmarketable parcels - Web Site
Appendix 3B - Web Site
Non-Renounceable Issue of Options - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Uranium Exploration Success - Web Site
Further Drill Results from Watershed - Web Site
New York & London Investor Presentation - Web Site
New York & London Investor Discussion Pack - Web Site
Appendix 3B Issue of Options - Web Site
Half Year Accounts
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Friday 02 March 2007 (Close of Business - New York)
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| All Ords | 5775.2 | -23.1 | Dow Jones | 12,114.1 | -120.24 | |||
| ASX100 | 4675.0 | -20.0 | S&P 500 | 1387.17 | -16.00 | |||
| ASX200 | 5786.0 | -24.2 | Nasdaq | 2368.00 | -36.21 | |||
| ASX300 | 5797.2 | -24.5 | NYSE Volume | 3,313,037,000 | ||||
| Materials (Sector) | 10,956.8 | -67.6 | US 10-Year Bond | 4.515% | -0.041 | |||
| All Ords Gold (Sub Industry) | 4503.7 | -78.7 | Gold - spot/oz | US$640.80 | -22.40 | |||
| Metals & Mining (Industry) | 3654.7 | -23.9 | Silver - spot/oz | US$12.82 | -0.76 | |||
| Energy (Sector) | 12,334.8 | -33.5 | Platinum - spot | US$1200.00 | -33.00 | |||
| AGC Macquarie Au | 4909 | -88.0 | Palladium - spot | US$344.00 | -2.00 | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2831.5 | +34.3 | Bridge CRB Futures Index | 404.60 | 3.66 | |||
| Hang Seng | 19,442.0 | +95.4 | Light Crude (NYM - $US per bbl.) | US$61.64 | -0.36 | |||
| Nikkei | 17,217.9 | -235.6 | Natural Gas (NYM - $US/mmbtu) | US$7.24 | -0.05 | |||
| India BSE 30 | 12,886.1 | -273.4 | Copper (LME - spot $US/tonne) | 6053 | +3 | |||
| FTSE 100 | 6116.2 | +0.2 | Lead (LME - spot $US/tonne) | 1920 | -3 | |||
| German DAX | 6603.3 | -36.9 | Zinc (LME - spot $US/tonne) | 3342 | -140 | |||
| A$ = US78.20 | -0.26 | Nickel (LME - spot $US/tonne) | 44,150 | -800 | ||||
| A$ = 91.28yen | -0.98 | Aluminium (LME - spot $US/tonne) | 2787 | -68 | ||||
| A$ = 0.593Euro | -0.002 | Tin (LME - spot $US/tonne) | 13,445 | +185 | ||||
| Click on Links to Access Charts | ||||||||
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