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Friday 16 March 2007 (Close of Business - New York)
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| All Ords | 5817.8 | -14.0 | Dow Jones | 12,110.41 | -49.27 | |||||||
| ASX100 | 4717.3 | -14.3 | S&P 500 | 1386.95 | -5.33 | |||||||
| ASX200 | 5836.3 | -16.7 | Nasdaq | 2372.66 | -6.04 | |||||||
| ASX300 | 5846.9 | -15.4 | NYSE Volume | 2,822,014,000 | ||||||||
| Materials (Sector) | 11,105.8 | +100.1 | US 10-Year Bond | 4.545% | +0.009 | |||||||
| All Ords Gold (Sub Industry) | 4416.4 | +49.5 | Gold - spot/oz | US$652.20 | +5.90 | |||||||
| Metals & Mining (Industry) | 3703.7 | +39.3 | Silver - spot/oz | US$13.10 | +0.15 | |||||||
| Energy (Sector) | 12,312.4 | -37.8 | Platinum - spot | US$1218.00 | +7.00 | |||||||
| AGC Macquarie Au | 4800 | +45.4 | Palladium - spot | US$348.00 | +2.00 | |||||||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US91.00 | unch | |||||||
| Shanghai Composite | 2951.7 | +45.4 | Bridge CRB Futures Index | 399.02 | +0.79 | |||||||
| Hang Seng | 18,953.5 | -15.9 | Light Crude (NYM - $US per bbl.) | US$57.11 | -0.44 | |||||||
| Nikkei | 16,744.2 | -116.2 | Natural Gas (NYM - $US/mmbtu) | US$7.05 | -0.05 | |||||||
| India BSE 30 | 12,430.4 | -113.5 | Copper (LME - spot $US/tonne) | 6600 | +25 | |||||||
| FTSE 100 | 6130.6 | -2.6 | Lead (LME - spot $US/tonne) | 1953 | +9 | |||||||
| German DAX | 6579.9 | -5.6 | Zinc (LME - spot $US/tonne) | 3274 | -76 | |||||||
| A$ = US79.48 | +0.55 | Nickel (LME - spot $US/tonne) | 50,600 | +50 | ||||||||
| A$ = 92.81yen | +0.11 | Aluminium (LME - spot $US/tonne) | 2823 | +8 | ||||||||
| A$ = 0.597Euro | +0.001 | Tin (LME - spot $US/tonne) | 13,950 | +60 | ||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
The major US share indexes ended lower overnight, on increased volume, after a stronger-than-expected snapshot on inflation renewed economic concerns days before the US Federal Reserve meets to consider US interest rates.
Crude oil prices edged lower overnight as traders digested the impact of a decision by the OPEC cartel to keep its crude production levels steady.
Crude oil in New York fell to a six- week low - also on reduced concern that Iranian supplies will be curtailed after Iran's President Mahmoud Ahmadinejad asked to address the United Nations Security Council. The U.S. and other countries say Iran is trying to develop nuclear arms. Iran denies this and says the nuclear program is for producing energy.
Nickel and tin hit unprecedented highs as LME stocks fell again on the day.
Nickel has since backed off slightly alongside falls in most other industrial metals as a volatile week in markets worldwide comes to an end. Most metals prices were higher for the week, the main exception being zinc, which ended the week just about where it began.
Copper prices climbed in New York, capping the biggest weekly gain in nine months, on signs of rising demand in China, the world's biggest buyer of the metal.
Gold prices in New York rose for a second session as the US dollar slid to the lowest level against the euro this year, boosting the metal's appeal as an alternative investment.
AUSTINDO COMPLETES FIRST TRANCHE OF PLACEMENT
On 9 March 2007 Austindo Resources Corporation NL (“ARX” or the “Company”) announced that Austock Corporate Finance Limited had undertaken a placement of 344 million ordinary fully paid shares in the Company at 1.5 cents per share to raise A$5.16 million (“Placement”) as interim funding for the continued development of the Cibaliung Gold Project in Indonesia.
The Company is pleased to announce that Tranche 1 of the Placement, raising A$2.9 million, has been completed. Tranche 1 was comprised of 193.1 million shares placed using the Company’s 15% placement capacity.
The placement was made to a range of institutional and sophisticated investors pursuant to Section 708 of the Corporations Act 2001. All of the shares issued under the placement will rank pari passu with existing ordinary shares.
In accordance with Section 708A (5)(e) of the Act, the Company gives notice that:
Tranche 2 - which comprises 150.9 million shares at 1.5 cents raising A$2.26 million is subject to shareholder approval at General Meeting which is to be held in April 2007. A Notice of Meeting will be despatched to shareholders at the earliest opportunity.
- Web Site
Ceasing to be a substantial holder for CGT - Web Site
Date of Annual General Meeting - 23 May 2007 - Web Site
Appendix 3B - Placement - Web Site
Gravity Diamonds - Merger with Mwana Africa plc
Supreme Court Issues Orders for Security Holder Meetings to be Held
On 17 November 2006, Gravity Diamonds Limited (Gravity) and Mwana Africa plc (Mwana) announced a proposal under which Mwana would acquire all of the issued shares in Gravity.
The proposed acquisition is to be implemented by way of scheme of arrangement between Gravity and all of its shareholders (apart from Mwana) (Gravity Shareholders) pursuant to which all Gravity shares will be transferred to Mwana for either:
at the record date (Share Scheme).
It should be noted that the previously advised threshold requirement of a holding of 20,000 Gravity shares before an election to accept the Share Consideration is no longer applicable.
In addition to the Share Scheme, a further scheme of arrangement is proposed between Gravity and the holders of its ASX-listed options (Gravity Optionholders) under which all outstanding ASX-listed options will be transferred to Mwana for cash consideration of $0.06 (Option Scheme). The Option Scheme is dependent upon the Share Scheme proceeding. However, the Share Scheme is not dependent upon the Option Scheme proceeding.
Further, Mwana has come to agreement with each holder of Gravity unlisted options to acquire their options for cash consideration between $0.01 and $0.09 per option, subject to the Share Scheme proceeding.
Gravity advises that the Supreme Court of Victoria has today made orders under section 411(1) of the Corporations Act 2001 (Cth) directing Gravity to convene meetings of the Gravity Shareholders and Gravity Optionholders to consider and vote on the proposed Share Scheme and Option Scheme.
These meetings, as convened by the orders made today by the Supreme Court of Victoria, will be held on Thursday, 26 April 2007 and constitute:............
- Web Site
Becoming & Change in substantial holding - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B: Conversion of Listed Options - Web Site
Half Year Financial Report December 2006 - Web Site
Notice of General Meeting - Web Site
Becoming a substantial holder for GRL - Web Site
Appendix 3B - Web Site
Annual Report to 31 December 2006 - Web Site
RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2006 - Key Points for the six months to 31 December 2006:
WPL ann: NWSV and Tohoku Electric sign LNG HoA - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE
Bass Metals Ltd is pleased to announce a pro rata renounceable rights issue (Rights Issue) to raise approximately $4.43 million before costs. The Rights Issue offers:
The Company will apply to have the new shares and new options quoted on the Australian Stock Exchange. The Rights Issue includes a Shortfall facility whereby eligible shareholders may apply for additional new shares and attaching new options in excess of their entitlement at the issue price. The Shortfall will only be available subject to other eligible shareholders not taking up their entitlements. Allocation of any Shortfall will be at the discretion of the Underwriter in consultation with Directors.
The Company is pleased to be working with Patersons Securities Limited which proposes to underwrite $4.0 million of the Rights Issue. Positive support to the Rights Issue has also been provided by Intec Ltd, Bass Metals’ major shareholder. Intec has agreed to sub-underwrite $1.5 million of the raising, inclusive of its full entitlement.
The funds raised will be used by the Company to provide working capital support to its proposed Que River mining project and to maintain the current vigorous level of exploration activity, particularly to follow-up on promising results from several regional targets.
The Prospectus relating to the Rights Issue will be lodged with ASIC and ASX on or about 16 March 2007 and will be available on the ASX website (www.asx.com.au ) and also on the Company’s website (www.bassmetals.com.au). The Prospectus and personalised Entitlement and Acceptance Form will be despatched to all eligible shareholders registered at the Record Date. The Record Date will be on or about 28 March 2007. Rights trading will commence on or about 22 March 2007.
Bass Metals is at an exciting transitional phase in its growth and the proposed raising has been structured to provide an opportunity for participation by all eligible shareholders. Shareholders are strongly encouraged to review the forthcoming notices and Prospectus carefully to ensure they fully understand the Rights Issue process and key dates. Any questions should be directed to the undersigned or the Company Secretary, Ms Susan Hunter, on the contact details below. - Web Site
Disclosure Document - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Managing Director Appointment - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B: Exercise of Options - Web Site
December 31 2006 Annual MD&A - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Interim Financial Report - Half Year ended 31 December 2006
Half Year Accounts - Web Site
Response to ASX Share Price Query - Web Site
Half Year Accounts - Web Site
Half Year Accounts December 2006 - Web Site
Half Year Report & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Yearly Accounts December 2006 - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Norseman Project Acquisition Update - Web Site
Half Year Accounts
Half Yearly Report & Half Year Accounts - Web Site
Appendix 3B: Exercise of Options - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Report & Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Prospectus - Web Site
Share Placement Completed - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Notice that defeating conditions to takeover bid fulfilled - Web Site
Completion of Dispatch of Bidder's Statements - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Amended Half Year Financial accounts - Web Site
Despatch of Buy Back Booklet (amendment) - Web Site
Half Year Financial Report - Web Site
Half Year Accounts.....
Review of operations
COMET VALE PROJECT
Sand Queen Gold Mine
Production Joint Venture
(Kingsrose Mining Pty Ltd earning 50%)
During the period, underground mining and development continued into the Sand George ore body on the 2 Level, with the establishment of 2 active mining blocks, and development of the 3 Level has continued south from the 3 Level plat towards the Sand George resource. Other developments during the quarter include:
Sand Duke prospect (M29/198)
The Sand Duke prospect, located about 800m west of the Sand Queen mine, consists of a 1000m x 130m gold-in-soil auger anomaly that is interpreted to overlie a paleo-drainage feature controlled by a north-northeast trending shear zone.
A total of 31 shallow holes (two RAB holes: WTR001-002; and 29 aircore drill holes: WTA001-029) were drilled to blade refusal to test the potential for gold mineralisation.
Drilling intercepted a sequence of lacustrine and alluvial sediments overlying granite and basalt basement. Gold mineralisation is present within a palaeochannel on the western edge of the drilled area, adjacent to an interpreted basalt/granite contact. The best assay result is 1 m @ 3.29 g/t Au from 50m in hole WTA001. The presence of intensely sheared porphyry and laminated vein quartz towards the bottom of some holes is considered to be encouraging despite the lack of significant assay results. A full interpretation of the data will be completed during the March quarter.
Sand Prince West and Princess Grace prospect (M29/52)
During the period, additional RC drilling was completed at the northern end of the Sand Prince West deposit (resource: 121,000 t @ 2.36 g/t Au for 9,300 oz gold). Three shallow holes were drilled to close-off the lode to the north, with the best intercept of 2m @ 1.52 g/t Au from 36.5m (hole SPWGC102).
Drilling was also undertaken at the Princess Grace prospect, which is located adjacent to the Sand Prince West deposit. This RC drilling was designed to follow-up previous shallow RC drill intercepts in pre-collars to deeper diamond holes that targeted the Sand George lodes.
Results from drilling of the Princess Grace lode include 5m @ 10.63 g/t Au from 16m (hole JVC010), 9m @ 6.9 g/t Au from 34m including 3m @ 19.0 g/t Au from 41m (JVC009), and 2m @ 4.03 g/t Au from 33m including 1m @ 7.1 g/t Au from 33m (JVC011). All intercepts are within fresh rock with minimal weathering within the profile.
The gold mineralization is apparently within stacked, north plunging quartz reefs alongside porphyry intrusives. Higher grades are found where the quartz vein(s) is at its widest and is similar to what is seen at Sand Prince West. The Princess Grace lode(s) has been intersected over about 250m of strike and is open to the north and down dip.
Lady Margaret area (M29/197)
Geological mapping (RF 1:250) and rock-chip sampling (11 samples) of the area around the Lady Margaret shaft, approximately 2km west-northwest of the Sand Queen mine, identified a number of mineralised quartz veins alongside porphyry and pegmatite contacts within a differentiated mafic sequence. The best rock-chip sample assayed at 1.32 g/t Au in vein quartz. Records of previous exploration indicate rock-chip sampling returned assay values up to 19 g/t Au and an old dill hole (LMP001) intersected 1m @ 6.0 g/t Au. Historical production is reputed to average 15-20 g/t Au.
Four RC drill holes were completed during the quarter, to test below the old workings to the northwest of the Lady Margaret shaft for a total of 427m of drilling. Two holes were drilled on each of two lines about 60m apart. All holes were drilled at -60 degrees towards 045 magnetic. Quartz veining was intercepted in the first two holes but did not return significant gold intercepts.
Other activities
Other exploration activities completed during the period included surveying in the Lady Margaret and Lake View-Long Tunnel areas to provide ground control for geological mapping and drilling; an environmental botanical survey of the western tenements; and continuation of regional mapping (RF 1:2000) on the western tenements.
MT FINNERTY PROJECT
Iron Ore Joint Venture
(Portman Iron Ore Ltd earning 80% Fe rights)
During the period, iron ore exploration focused on the area north of Mt Finnerty, in the vicinity of the FIN9 prospect and further north toward Mount Walton. This work, conducted by joint venture partner Portman Iron Ore Ltd (Portman), included helicopter reconnaissance of magnetic trends north from the FIN9 target but no additional surface enriched BIF was noted.
During the period, Portman completed reprocessing of geophysical data for the project area and evaluation of possible future target areas, including planned RC drilling of the FIN7 target Drilling of the FIN7 (and FIN3) target was initially delayed pending completion of a botanical survey. FIN7 is a zone of surface enrichment that extends for about 900 metres along strike and up to 50m wide.
BARRAMBIE PROJECT (100%)
During the period the Company entered into a Memorandum of Understanding (“MOU”) with one of the world’s leading commodity traders to market and sell the total annual vanadium output of the Barrambie Vanadium Project. The financial strength and market penetration of the counterparty supports this strategy and the project can now proceed confidently to the next stage of development of this project.
During the period, the Company completed a process optimisation study.
NEW PROJECTS (100%)
During the period, the Company applied for one exploration licence in the West Musgrave and two prospecting licences north-west of Kalgoorlie. The exploration licence application in the Musgrave province covers the northwest portion of the mafic-ultramafic Bell Rock Range intrusion which was previously held by Rio/Delta Gold. Rio concluded that the northeastern contact (~35 km) was highly prospective for nickel sulphide mineralization but surrendered the tenements following difficulty in obtaining land access.
CORPORATE
During the half year the Company issued 2,000,000 unlisted options exercisable at 75 cents each with an expiry date of 30 June 2011 to Directors following approval at the Annual General Meeting. A further 700,000 unlisted options exercisable at 75 cents each with an expiry date of 30 June 2011 were granted to employees under the company’s Employee Share Option Plan.- Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts...
Review and results of operations
During the half-year the Company mined 160,123 tonnes of high grade and 14,666 tonnes of low grade gold ore from the Wattle Dam Gold mine and toll treated 35,626 tonnes of high grade and 5,348 tonnes of low grade ore to produce approximately 11,000 ounces of gold. At the end of the half-year ore stockpiles totalled 124,497 tonnes. Gold sales to 31 December 2006 were $8,096,850.
In the three months prior to 31 December 2006, the Company made an extensive collection of gold nuggets from the Wattle Dam mine available for sale initially exclusive to shareholders and later to the public. Sale of gold nuggets to 31 December 2006 realised a total of $192,696.
In December 2006 an RC drilling program of 7,900 metres in 98 holes was commenced for resource delineation and evaluation of the greater underground potential at the Wattle Dam Gold Mine. This program involved drilling from within the pit to evaluate, in particular, the Western Zone and drilling from the surface to test from the south to the north of the pit on 20 metres centres to depths of 200 metres. This drilling is expected to provide sufficient data to assess the potential for a cut back of the pit and indicate the potential for a subsequent underground development.
In December 2006, the consolidated entity also acquired Burbanks Gold Processing Plant from Coolgardie Custom Milling Pty Ltd for a cash consideration of $2.8 million payable in a series of tranches. The acquired plant included a two stage crushing ball milling and a carbon in pulp circuit of nominal 180,000 tonnes per annum capacity. Included within the purchase price was the acquisition of three mining leases, four general purpose leases, two water licences, a tailings disposal facility, associated laboratory, offices and maintenance facilities. Payment for the acquisition is expected to be completed by the end of March 2007. As part of the agreement to purchase the gold processing plant, the consolidated entity granted a charge over the assets being acquired as security to the vendor until completion of settlement....... - Web Site
Half Year Accounts
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
December 2006 Interim Financial Report - Web Site
Paladin’s Malawi Project in doubt - The links below shows the Paladin Kayelekera uranium project in Malawi could be in doubt.
http://www.nyasatimes.com/Breaking-News/382.html
http://www.nyasatimes.com/Columnists/Rhodrick-Junaid/362.html- Web Site
Half Year Accounts
Half Year Accounts - Web Site
Half Year Accounts - Web Site
2006 Consolidated Interim Financial Report - Web Site
TGS Half Yearly Report 2006 - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
31 December 2006 Half Year Accounts - Web Site
Half-Yearly Financial Report 31 December 2006 - Web Site
Half Year Accounts - Web Site
Half Year Accounts
NORTH WEST SHELF VENTURE AND TOHOKU ELECTRIC SIGN LNG HEADS OF AGREEMENT
The North West Shelf Venture participant companies and Tohoku Electric of Japan have signed a heads of agreement for the ongoing supply of liquefied natural gas from Australia’s largest resources project.
In a multi-part deal commencing in April 2010, the North West Shelf Venture will:
The net effect of these elements is to increase the supply of LNG by about 0.5 million tonnes a year starting in 2010 for eight years. Total North West Shelf Venture LNG sales to Tohoku Electric will now be about 1 million tonnes a year from 2010.
The six equal participants in the NWS Venture are: Woodside Energy Ltd. (16.67% and operator); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67%); BP Developments Australia Pty Ltd (16.67%); Chevron Australia Pty Ltd (16.67%); Japan Australia LNG (MIMI) Pty Ltd (16.67%); and Shell Development (Australia) Proprietary Limited (16.67%).
CNOOC NWS Private Limited is also a member of the North West Shelf Venture but does not have an interest in North West Shelf Venture infrastructure. - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Retraction of Bulman Press Release JORC Compliance - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change in substantial holding from CBA
OXR Supplementary Bidder's Statement
Half Year Accounts - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Half Year Accounts....
Results and Review of Operations
The Company incurred an operating loss after income tax of $959,728 (31 December 2005: $1,314,236) for the half-year ended 31 December 2006.
The Company continued to expand its presence in Brazil and increased its Cuiaba Gold Project by lodging a further ten tenement applications in the Cuiaba area. The Company is targeting large disemminated sediment-hosted gold deposits in this region where it has identified and confirmed significant similarities to other sediment-hosted gold deposits elsewhere in the world as well as the large Paracatu gold deposit in Brazil.
Drilling of the Lavrinha prospect during the September quarter confirmed the high grades of a central shoot (eg, 2 m @ 21.00 g/t). The main shear was confirmed to extend beyond 400 m along strike, however, it persisted only as a zone of low grade mineralisation (eg, 34 m @ 0.27 g/t). These results downgraded the likelihood of Lavrinha hosting a substantial open-pittable gold resource.
Evaluation of artisinal gold tailings sands continued with a further three tailings dams drilled out at the Ourinhos area near Pocone. The amount of material within these three tanks was some 750,665 m3. Whole-dam average grades were low (being 0.14 g/t, 0.13 g/t and 0.16 g/t). Testing of additional tailings sands will continue with the evaluation of tailings deposits located within the tenements secured under the Cuiaba Gold Project.
The Company commenced regional exploration over the Cuiaba Gold Project in the December quarter with the initiation of regional RAB drilling traverses and orientation soil sampling. This work is expected to gear up at the end of the wet season in the second quarter of 2007. Exploration for large-tonnage gold deposits within the Cuiaba Gold Project in Brazil will be the Company’s primary focus in 2007.
The Company held its Annual General Meeting on 24 November 2006 with all resolutions being passed as put.
On 11 December 2006 the Company issued 1,500,000 unlisted employee options exercisable at 5.0 cents each on or before 11 December 2008 in accordance with the Company’s Share Option Plan, as approved at the Annual General Meeting. Also as approved at the Annual General Meeting, the Company issued 3,500,000 unlisted Director Options exercisable at 8.0 cents each on or before 1 October 2010. - Web Site
Aurox Raises $3.2 million to finalise titanomagnetite BFS
The Board of Aurox Resources Limited (ASX code: AXO) is pleased to announce that it has reached in-principle agreement with Hartleys Limited to raise $3.2 million through the issue of 4 million ordinary fully paid shares at an issue price of $0.80 per share.
The placement is being made to sophisticated investor clients of Hartleys and is within the company’s 15% placement capacity. Funds raised from this placement will be applied toward completion of the Bankable Feasibility Study for a 3 million tonne per annum titanomagnetite concentrate facility, continued exploration activities and general working capital.
As announced earlier this week, 100% of the concentrate product has been contracted under an off-take agreement with Chengde Iron & Steel Company. - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
FRS:JV Drilling Programme Commences at Silver Swan North - Web Site
Half Year Accounts - Web Site
Trading Halt - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Further Information on Short Form Prospectus - Web Site
Becoming a substantial holder - Web Site
Results of General Meeting - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Final Director's Interest Notice - Web Site
Director Resignation - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
AGM Proxy Form - Web Site
Annual Report - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change in substantial holding - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change in substantial holding for MRX - Web Site
Becoming a substantial holder from PPT - Web Site
Half Year Accounts - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Boardroomradio Interview - 16 March 2007 - Web Site
Half Year Accounts - Web Site
Half Yearly Report - Correction - Web Site
Half Year Accounts - Web Site
Yilgarn Avon Joint Venture WA - Web Site
CHINESE ALUMINA PRODUCER completes Purchase of 10% OF Cape Alumina from Metallica Minerals for $4.625M
A $4.125 million payment today by China’s largest independent alumina-aluminium producer - Chiping Xinfa Huayu Alumina Co Ltd (Xinfa) - has completed the total payment of $4.625M to Metallica Minerals Limited to acquire a 10% stake in Queensland bauxite company, Cape Alumina Pty Ltd. As advised on 7 February 2007, Metallica Minerals (ASX: MLM) will remain the largest shareholder in Cape Alumina with a 40% holding.
Cape Alumina recently published a maiden JORC-compliant bauxite ore resource for its Wenlock project, located approximately 60 kilometres north-east of Weipa in Cape York, Queensland. CEO, Dr Paul Messenger, said today that Xinfa’s investment in the Company followed phenomenal growth in imports of bauxite by Chinese refineries over the past two years, with average annual growth of over 300% to a record 10 million tones in 2006 and 1.6 million tones for the month of January 2007.
“Chinese imported bauxite demand forecasts have also been revised upwards to in excess of 20Mt in 2008,” he said.
Dr Messenger said off-take negotiations between Cape Alumina and Xinfa will commence next month, and be subject to delineation of sufficient resources to justify the development costs and an agreed off-take bauxite sale price formula.
“A scoping study into development of the Wenlock bauxite deposit is well advanced and due to be completed in April,” he said. “Traditional Landowner negotiations are also progressing well and it is envisaged that further drilling on new granted tenements aimed at substantially increasing the resources at Wenlock, which currently stand at 54 million tonnes of insitu bauxite (for details, see ASX release dated 22 January 2006), will be completed during the coming dry season.” .......- Web Site
Appendix 3B: Escrow Release - Web Site
2006 Annual Report - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Half Year Accounts
Half Year Accounts - Web Site
Interim Results - HIGHLIGHTS
Developments
Exploration
Corporate
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Section 708A Notice - Web Site
Appendix 3B - Web Site
Issue of Securities - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Report & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Feral Iron Ore Prospect - Further Surveys - Web Site
Half Year Accounts
Well Update - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Wonnich Deep-1 Exploration Well Update - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
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Thursday 15 March 2007 (Close of Business - New York)
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| All Ords | 5831.8 | +104.5 | Dow Jones | 12,159.68 | +26.28 | |||
| ASX100 | 4731.6 | +90.6 | S&P 500 | 1392.28 | +5.11 | |||
| ASX200 | 5853.0 | +111.1 | Nasdaq | 2378.70 | +6.96 | |||
| ASX300 | 5862.3 | +109.5 | NYSE Volume | 2,822,014,000 | ||||
| Materials (Sector) | 11,005.7 | +232.4 | US 10-Year Bond | 4.536% | +0.014 | |||
| All Ords Gold (Sub Industry) | 4366.8 | +79.8 | Gold - spot/oz | US$646.30 | +5.50 | |||
| Metals & Mining (Industry) | 3664.4 | +78.5 | Silver - spot/oz | US$12.95 | +0.23 | |||
| Energy (Sector) | 12,350.2 | +336.3 | Platinum - spot | US$1211.00 | +13.00 | |||
| AGC Macquarie Au | 4755 | +104.7 | Palladium - spot | US$346.00 | unch | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US91.00 | +1.00 | |||
| Shanghai Composite | 2951.7 | +45.4 | Bridge CRB Futures Index | 398.23 | +0.55 | |||
| Hang Seng | 18,969.4 | +132.5 | Light Crude (NYM - $US per bbl.) | US$57.55 | -0.61 | |||
| Nikkei | 16,860.4 | +183.5 | Natural Gas (NYM - $US/mmbtu) | US$7.09 | -0.10 | |||
| India BSE 30 | 12,543.9 | +14.2 | Copper (LME - spot $US/tonne) | 6575 | +235 | |||
| FTSE 100 | 6133.2 | +132.5 | Lead (LME - spot $US/tonne) | 1944 | +30 | |||
| German DAX | 6585.5 | +137.8 | Zinc (LME - spot $US/tonne) | 3350 | +104 | |||
| A$ = US78.93 | +0.30 | Nickel (LME - spot $US/tonne) | 50,550 | +2,650 | ||||
| A$ = 92.70yen | +0.65 | Aluminium (LME - spot $US/tonne) | 2815 | +46 | ||||
| A$ = 0.596Euro | +0.001 | Tin (LME - spot $US/tonne) | 13,890 | +110 | ||||
| Click on Links to Access Charts | ||||||||
Completes first tranche of placement - Web Site
Raises over $2.2 million in Share Purchase Plan & Placement - Web Site
Half Year Accounts - Web Site
Upgrade of magnetite & potential resource Mt Gibson - Web Site
Bulman granted four exploration licences - Web Site
Change in substantial holding from OXR
Change in substantial holding - Web Site
Becoming a substantial holder for CRB - Web Site
Change of Registered office - Web Site
Operations Update - 60 MCFD Field Production - Web Site
VPE:Wire Ling Logging Operations in Progress at Jingemia-11 - Web Site
NUP Listing Date Confirmed - Web Site
Appendix 3B - Web Site
Media Release: Artemis lists on ASX - Web Site
Half Year Accounts - Web Site
Cover Letter to Shareholders - Web Site
Notice to S/holders re Special Purpose Administrator - Web Site
POSITIVE DRILL RESULTS AT ST ANDREWS PROSPECT ENHANCE OPPORTUNITIES AT SCOTIA NICKEL PROJECT - KEY POINTS
HALF YEAR REPORT - REVIEW OF OPERATIONS
The consolidated entity recorded an after tax loss of $95,000 for the six months ended 31 December 2006.
Following the shareholders meeting on the 12th July 2006 the shareholders approved the acquisition of the LionOre assets and the other conditions precedent under the sale agreement. Those conditions were as follows:
On the 17th July 2006 the Company announced the completion of the capital raising whereby gross proceeds of $13.5 million were raised by the issue of 45,000,000 ordinary shares at 30 cents per share.
On the 21st August 2006 the Company announced the completion of the acquisitions of the LionOre assets. Following the completion of this transaction, LionOre converted all its existing convertible notes with a face value of $3.5 million which resulted in a further 15,555,555 ordinary shares issued to LionOre.
During the half year, 4 million employee options were issued to staff as per the Company’s “Employee Option Scheme”. Exercisable at 55 cents within 3 years from the date of issue but commencing not before the relevant vesting dates as follows:
During the half year, Breakaway received $4.44 million payment from its 30% net profit royalty interest (“NPI Royalty”) in the Eloise Copper Mine in Queensland. This represents 60% of the estimated provisional royalty earning of $1.76M for the September 2006 Quarter and 60% payment from the previously reported $5.70 million for the June 2006 Quarter, in accordance with a revised payment formula. Any outstanding royalty payments due after the determination of the final copper price would be paid to Breakaway in a second tranche.
On the 8th February 2007, the Company announced that it would not be receiving a NPI Royalty for the December 2006 quarter following a $12.0 million loss reported from the Eloise Copper Mine and it would be unlikely that any further royalty would be earned until the 2007/08 year. - Web Site
Stock Resource Report - Web Site
RE: FURTHER HIGH GRADE DRILL RESULTS FROM THE GUADALUPE PROJECT
The Directors are pleased to announce the latest results from the diamond drill program at the Guadalupe project in the Temoris District, Chihuahua, Mexico.
The Guadalupe project consists of a series of northeast dipping quartz veins that have been traced for more than 1,500 metres along strike. There are three main prospects located along the Guadalupe structure known from north to south as Guadalupe Norte, Guadalupe and Las Animas.
A total of 57 reverse circulation (RC) and 66 diamond core holes have been drilled for 12,055 metres and 19,223 metres respectively since drilling began at the Guadalupe project early in 2006.
Recent RC and diamond core drilling has focused on defining the depth and strike extents of the high grade clavos at the Guadalupe and Guadalupe Norte prospects. Some of the impressive assay results from this program are reported below and include the following intervals which are reported here as down hole intercepts. Where there is a difference between down hole and true width intercepts, these are noted in the table of full assay results below.
Half Year Accounts - Web Site
Results of Meeting - Web Site
Las Minerale delivers high grade copper intersections - Web Site
Appendix 5B for the month ended February 2007 - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Acquires 20% of Kyrgyzstan Uranium Projects - Web Site
Indonesian Joint Venture LPG Production - Web Site
Half Year Accounts.....
Review of operations
The consolidated entity’s share of revenue from oil sales for the half-year ended 31 December 2006 was $536,962 (2005: $647,570), a decrease of 17.1% from the previous corresponding period.
Oil sales during the half-year were 22,267 bbls (2005: 26,507bbls), the normal decline profile of the existing wells being partly offset by new production from Phase 1 wells towards the end of the half-year. The average sale price achieved marginally increased to US$46 per bbl from US$45.61 per bbl in the previous corresponding period.
The consolidated entity’s loss from continuing operations for the half-year ended 31 December 2006 was $862,199 (2005: loss of $322,111). The current period result reflects the overhead costs associated with drilling the eight Phase 1 wells in the half-year, from which production and sales were only achieved towards the end of that period.
The previous corresponding half-year result included a $488,182 profit from the sale of the consolidated entity’s Papua New Guinea licences. - Web Site
Final RC Drill Results for Wilgerup Hematite Deposit - Web Site
Koka returns further high-grade gold results - Web Site
Fiji Sale Discussions - Web Site
Change in substantial holding - Web Site
Notice of Annual General Meeting - Web Site
Half Year Accounts - Web Site
Half Year Accounts
RESULTS OF OPERATIONS
The principal activity of the Company during the period was the exploration and evaluation of mineral assets. The operating profit for the half-year ended 31 December 2006 was $1,011,366 (31 December 2005: $119,131).
REVIEW OF OPERATIONS - HIGHLIGHTS
CLONCURRY COPPER PROJECT, NW QUEENSLAND (EXCO 100%)
WHITE DAM GOLD PROJECT, SOUTH AUSTRALIA (EXCO 100%)
CORPORATE
Half Year Accounts - Web Site
Bulk Sample for Diamonds Collected - Web Site
Yalgoo Iron Project Update - Web Site
Appendix 3B - Exercise of Options - Web Site
Exploration License (EL3999) granted - Wilsons Hill Project - Web Site
Half Year Accounts
Half Year Accounts - Web Site
Results of EGM - Web Site
Change of Director's Interest Notice - Web Site
Ortahaza Project - Short Term Production Testing - Web Site
Audio Broadcast - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Becoming a substantial holder for WLF - Web Site
Details of Annual Meeting - Web Site
Change of Director's Interest Notice - Web Site
Becoming a substantial holder from PPT - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Approval of Permit Extension for WA-314-P & WA-315-P - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Response to ASX Query re: Share Price - Web Site
Half Year Accounts - Web Site
Change in substantial holding - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Mining Leases Granted Spinifex Ridge Molybdenum/Copper Proj - Web Site
Downlands South-1 PL 119 Weekly Report - Web Site
Completion of SPP and Appendix 3B - Web Site
Appendix 3B and Issue Disclosure Notice - Web Site
Drilling Commences on Silver Swan North Joint Venture - Web Site
Update of Mt Gee drilling Program - Web Site
Appendix 3B - Web Site
Notice of Annual General Meeting - Web Site
Half Year Accounts
Appointment of New Director - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
PROJECT UPDATE & CAPITAL RAISING
Cloncurry Uranium - Assays awaited
White Rock Tungsten - Drilling commenced
Frogmore - Base-metal anomalies
Corporate - Rights Issue
Appendix 3B Purchase of interest - Web Site
PETSEC ANNOUNCES GAS DISCOVERY AT VIOSCA KNOLL 26 LEASE, GULF OF MEXICO, USA
Petsec Energy Ltd today announced that the Viosca Knoll 26 #1well has reached target depth and discovered gas. The well is Petsec's fifth successive discovery in the Mobile Bay region within the last six months.
The Viosca Knoll 26 #1 well reached total depth on 15 March 2007 and encountered 6.1 metres (20 feet) of net gas pay which is consistent with pre-drill estimates. The well will be cased for production and within a week the rig will commence drilling of the Mobile Bay 994#1 well from the same location.
It is expected that this well can be brought into production in the third quarter of this year.
The two well programme is targeting 3-5 Bcfe of gas net to Petsec Energy (after payout). - Web Site
Appendix 3B - Web Site
Independent Research Report Notification - Web Site
EGM Notice - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
High Grade Results from Wattle Dam & Exploration Update
HIGHLIGHTS
Wattle Dam Gold Mine - Resource Extension Drilling
Mining/Milling of existing Ore
Spargoville Regional Belt
CAPITAL RAISING NOTICE
Range River Gold Ltd has today made a further placement to key investors of 134.6 million shares at a price of 6.5 cents (Placement). The Placement will raise gross funds of approximately $8.75 million and will be used to pay down construction and commissioning capital and operating debt associated with the Indee Gold Project in the Pilbara Region of WA and to fund exploration work on the Company’s tenements in WA and Victoria.
This Placement supplements the placement announced on 15 February 2007 that raised $2.7 million under ASX listing rule 7.1 and a further $2.15 million that has been committed to and will be raised following shareholder approval at a general meeting of the Company.
This general meeting of the Company will now be held on or about 26 April 2007 and will seek shareholder approval for the combined capital raisings totalling $13.6 million.
Share Purchase Plan
In conjunction with this Placement, the Company proposes to undertake a further offering of ordinary shares to all shareholders of the Company pursuant to a Share Purchase Plan (“SPP”). Shares will be offered under the SPP at 6.5 cents per share and each shareholder will be entitled to apply for shares to a maximum value of $5000. In accordance with ASX Listing Rule requirements, the number of shares that will be issued under the SPP will be limited to 30 percent of the total number of ordinary shares which the Company has on issue.
Indee Gold Mine
Mining and production operations have resumed at Indee following the passage of tropical cyclones George and Jacob over the period 8 March to 13 March inclusive.
As mentioned previously, the site suffered only minor damage to infrastructure causing minimal impact on production. There were no injuries to Range River employees or contractor personnel. - Web Site
RSNGB Interest Payment - Web Site
Horizontal Well Successfully Drilled/Completed for Prod-NSA - Web Site
Koka returns further high-grade gold results
Diamond drilling at Sub-Sahara Resources' (ASX:SBS) Zara Project, in Eritrea, has returned further high-grade gold intercepts. The results were achieved in the current known 450 metres of mineralisation at the Koka Prospect (refer Figure 1).
Drilling highlights included:
Half Year Accounts - Web Site
US Activities Update - Web Site
AGK: Grant of new gas production lease - Web Site
Hermatite Iron Project Farm In Agreement - Web Site
Updated Information on Final Dividend Payment - Web Site
SP $6 million Cooper basin production enhancement program - Web Site
Half Year Accounts - Web Site
Progress Report - Thoroughbred No 1 Update - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
SPP & Unmarketable Parcel Sale Documentation
Half Year Accounts - Web Site
Sustainable Development Report - Web Site
Response to ASX Query
Stocks managed a moderate advance Thursday, staying afloat as signs of strength in corporate takeover activity, jobs and overseas markets allowed investors to stomach a sharp rise in wholesale inflation. Wall Street still displayed nervousness, however, selling off briefly after former Federal Reserve Chairman Alan Greenspan rekindled investors' woes about subprime mortgages.
There was also a short pullback in stocks ahead of the Philadelphia Fed's manufacturing index, which showed that the region's manufacturing growth slowed in March. Wall Street had expected activity to increase. Earlier, the New York Fed had also reported a steep deceleration in its March manufacturing growth.
Advancing issues outnumbered decliners by more than 2 to 1, on lower volume, on the New York Stock Exchange.
Oil prices fell 61 cents to settle at $57.55 a barrel on the New York Mercantile Exchange, after the OPEC decided to keep output steady, as expected.
Nickel rose to a record and copper jumped the most in three weeks in London after China, the world's largest consumer of the metals, expanded industrial production at a faster-than-expected rate - output increased 18.5 percent in January and February, the National Bureau of Statistics said today.
Most other metals rose on the LME.
Gold and silver firmed with oil prices and a rebound in U.S. equity indexes. Gold prices were boosted by the release of February's PPI, which showed prices up 1.3%, outpacing expectations for a 0.6% increase. Excluding food and energy prices, core PPI rose 0.4%, twice the 0.2% gain that was expected.
Half Year Accounts....
REVIEW OF OPERATIONS .........
Operations and Principal Activities
(a) The main business activity of the consolidated entity during the six months consisted of:
Funds applied to the various exploration activities were as follows:
| 31 Dec 2006 Half year |
2006 year |
2005 year |
2004 year |
2003 year |
|
| $ |
$ |
$ |
$ |
$ |
|
Exploration for gold and base metals in Western Australia |
36,672 |
403,5421 |
3,180,3182 |
476,8623 |
335,206 |
1Expenditure borne by Barrick Gold of Australia Limited as part of its joint venture commitment amounted to $321,000.
2Expenditure borne by Barrick Gold of Australia Limited as part of its joint venture commitment amounted to $3,100,000
3Expenditure borne by Barrick Gold of Australia Limited as part of its joint venture commitment amounted to $300,000.
| 31 Dec 2006 Half year |
2006 year |
2005 year |
2004 year |
2003 year |
|
| $ |
$ |
$ |
$ |
$ |
|
Exploration for diamonds in Namibia |
39,564 |
572,597 |
1,467,905 |
1,175,694 |
1,943,701 |
| 31 Dec 2006 Half year |
2006 year |
2005 year |
2004 year |
2003 year |
|
| $ |
$ |
$ |
$ |
$ |
|
Exploration for base metals in Namibia and Botswana |
1,295,547 |
760,991 |
118,565 |
396,720 |
140,314 |
| 31 Dec 2006 Half year |
2006 year |
2005 year |
2004 year |
2003 year |
|
| $ |
$ |
$ |
$ |
$ |
|
Exploration in other overseas projects |
- |
- |
- |
- |
7,694 |
........Financial Conditions
(a) Further resource exploration requirements beyond the consolidated entity's current cash resources can only be funded from further capital raisings, securing funding from incoming joint venture partners, or the sale of equity in the projects.
On November 24th 2006 the Company announced that it has raised $1,048,950 to be applied to working capital, RC and diamond core drilling, metallurgical test work, down hole surveying, assaying and resource modelling and estimation on the Company's base metals projects in Botswana and adjoining ground in Namibia.
As the Company intends to maintain its current pace of exploration particularly in regard to defining a resource at its Kihabe Base Metals project in Botswana, the Company must either raise further capital or introduce joint venture parties.
(b) At the end of the six month period, the consolidated entity had cash resources of $477,274. At the date of this report, relying on VAT refunds and committed placement funding, the consolidated entity has cash resources of $1,086,500 and an unused overdraft facility of $150,000..........
- Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B - Capital Structure - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Reinstatement to Official Quotation - Web Site
Underwritten Renounceable Rights Issue - Web Site
Half Year Accounts - Web Site
Completion of voluntary escrow period - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Release from Escrow - Web Site
Substantial Shareholder Notice - Web Site
Half Year Accounts - Web Site
Change in substantial holding - Web Site
Half Year Accounts - Web Site
Half Year Accounts
General Meeting Results - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Joint Venture with Aurium Resources - Web Site
Issue of Shares and Appendix 3B
The directors of Grange Resources Limited ("Grange") advise that a total of 14,000 fully paid ordinary shares ("Shares") have been issued to 3 freehold landowners ("Pipeline Landowners") as part of the pre-development activities for the Southdown Magnetite project pipeline alignment process.
As part of the Southdown Magnetite project, Grange proposes to transport the magnetite concentrate in slurry form 105 km by buried pipeline from the Southdown site into the Albany port area where it will be dewatered and filtered prior to stockpiling for shipping to Kemaman, Malaysia. The proposed pipeline alignment is to be secured via easements which presently affect a total of 47 freehold or leasehold landowners. 35 landowners have executed the relevant easement agreements to date. Easement negotiations with the remaining 12 landowners, which are mainly timber companies, are ongoing. - Web Site
Share Issue and Options Package Approved by GWR Shareholders - Web Site
Half Year Accounts - Web Site
Fourth Quarter and Record Year-End Results - HIGHLIGHTS:
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Admission to Official List - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Rights Issue and Placement Prospectus - Web Site
Takeover announcement of Luzon Minerals by Republic Gold - Web Site
Half Year Accounts - Web Site
Half Yearly Report & Accounts - Web Site
Cleansing Statement - Web Site
Appendix 5B - Monthly Report: February 2007 - Web Site
WONNICH DEEP-1 EXPLORATION WELL UPDATE
Tap Oil Limited ("Tap") provides the following update for the Wonnich Deep-1 exploration well.
Location
The Wonnich Deep-1 well is located in Production Licence TL/8 and is being drilled from the existing Wonnich Platform. The Wonnich Deep-1 prospect lies underneath the producing Wonnich Flag gas reservoir and Wonnich Platform.
Progress
Currently the rig is recommencing drilling after evacuating for Tropical Cyclones George and Jacob. Forward program includes recovering the suspended drill string and continue drilling from 4,100m measured depth to a total depth of around 5,200m measured depth.
Tap Comment
The primary objective of the well is to test the Upper Jurassic Dupuy sandstone which is a proven reservoir in the basin. It is anticipated that results from this level will be available in the next 7 days.
As previously reported, the shallower Flag reservoir target contained an un-swept gas zone in what is possibly a separate compartment of the Wonnich Field. The results from the deeper target will determine the way forward on development options; whether one or both levels will be completed for production.
The Wonnich Deep-1 well is being drilled from the Wonnich platform so further success at the deeper level will allow for relatively rapid development and tie-in to production facilities at Varanus Island. - Web Site
Tap Oil Limited ("Company") advises that 350,000 options to acquire shares in the capital of the Company have been granted to new start employees of the Company under the Tap Employee Incentive Option Plan ("Option Plan").
The options are exercisable two years from the grant date by paying an amount equivalent to the 5 day volume weighted average price for the Company's shares at the time of grant plus 10% and expire one year thereafter.
The Company administers the Option Plan as a means of attracting and keeping quality staff. - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Great Western Exploration Limited - Web Site
Appendix 3B & section 708a Notice - Web Site
Feasibility Study Update - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Dividend Investment Plan Allocation Price - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Update on forthcoming exploration activities
Following is an update on the scheduled exploration activities over key Goldsearch Limited project areas during the coming months.
Queensland - Mary Kathleen (uranium, rare earth elements, copper, gold)
Restricted access due to extremely wet weather in February associated with tropical cyclone Nelson has delayed exploration programs at the Mary Kathleen project. It is anticipated that field programs will now recommence in late March with a view to further defining drill targets.
Subject to relevant approvals, drilling programs are now currently scheduled to commence in May. A second program is also currently being scheduled for July. The forthcoming programs will include surface geophysical and scintillometer sampling and will focus on both the Elaine Dorothy and MacGregor target areas, as well as a number of new regional targets.
At Elaine Dorothy, work will follow up previously announced encouraging drill results of up to 0.047% uranium oxide (U3O8) and 1.07% rare earth oxides and will also extend to the Elaine 2 and Elaine 3 targets. At the Elaine 2 and Elaine 3 targets, minor occurrences of outcropping uranium mineralisation have previously been recognised with no previous drilling being undertaken. These targets are located approximately 500 metres and 1 kilometre from Elaine Dorothy and 7 kilometres from the Mary Kathleen Uranium mine (Figure Two).
At MacGregor, programs will follow up wide zones of elevated uranium mineralisation intercepted in previous drilling and an area of outcropping copper mineralisation not previously drill tested....
Victoria - Sandy Creek (gold)
A reverse circulation and diamond drilling program, consisting of 4 holes to between 100 to 150 metres, is planned to test the depth potential of high grade gold mineralisation previously mined from the Odell's Mine at Sandy Creek. The program is scheduled to commence in late March. The program was originally planned for the previous quarter but work was delayed over the summer months due to the extreme bush fire conditions in Victoria.......
Victoria - Mount Wellington (gold, silver, copper, lead, zinc)
Final work program approvals are being acquired for initial exploration programs at the Mount Wellington project. Once all the relevant approvals are in place, it is anticipated that an induced polarisation geophysical survey will commence over two target areas at Rhyolite Hill. The targets are based on mapped hydrothermal alteration systems, geochemical anomalies and encouraging drilling results from previous explorers, including best intercepts of 13.5 metres at 1.01 grams per tonne gold (from 5.1 metres) and 32.5 metres at 45 grams per tonne silver (from 69.5 metres). Peak assay values from previous drilling within the target area is 8.38 grams per tonne gold, 0.56% copper, 0.31% lead, 1.6% zinc and 147 grams per tonne silver.
Follow up drilling to test geophysical targets is currently scheduled to be completed in April.
South Australia - East Musgrave Joint Venture (nickel)
The joint venture partners currently have approval from the Anangu Pinjatjantjara Yankunytjatjara, Executive Council to negotiate with the relevant traditional owners in relation to four priority exploration licence applications. These negotiations are ongoing.....
- Web Site
EXPLORATION UPDATE
- Web Site
MMN ann: Exploration Update - Web Site
Half Year Accounts - Web Site
Options Lapsing under Employee Share Option Plan - Web Site
Appendix 3B & Compliance Notice Section 708A(5)(e) - Web Site
Appendix 3B - Conversion of Options - Web Site
Half Year Accounts - Web Site
Meeting Date Set for Burundi Delegation - Web Site
Half Year Accounts - Web Site
Half Year Accounts
Half Year Accounts
Aquila Resources Limited is pleased to announce the release of its Consolidated Interim Financial Report for the half-year ended 31 December 2006.
Significant developments for the Company during the period reported on include:
With cash reserves and liquid investments at 31 December 2006 totalling $63 million, the Company is in a sound financial position to capitalise on new and existing opportunities in coal and iron ore during the period ahead.- Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
TNG: Distribution of Shares - Web Site
Successful closing of $165m Convertible Note Issue/App3B - Web Site
Change in substantial holding for URL - Web Site
Tintaburra Weekly Drilling Update
Drillsearch Energy Limited ("Drillsearch") is pleased to provide an update of drilling operations at the Tintaburra block. Two new oil wells, Mulberry 30 and 42 have been cased and suspended. Mulberry 45 encountered no oil shows and poor reservoir; this well has been plugged and abandoned. Drilling operations continue with one rig at the Block, and are preparing to spud Huckleberry 2.
Rig PDI-735 spudded Mulberry 30, an oil development well, on 4 March 2007. Oil shows were encountered in the middle Birkhead reservoir interval and wire line logs indicated approximately 2 m of net oil pay. The well has been cased and suspended as a future oil production well. The rig was released on 8 March 2007 to the Mulberry 42 well location.
The Mulberry 42 oil delineation well, spudded on 9 March 2007, and fair oil shows were encountered while drilling in the middle Birkhead reservoir unit. Wire line logs indicated approximately 2.5 m of net oil pay and the well has been cased and suspended as a future oil production well. Operations are currently rigging down and preparing for the move to the Huckleberry 2 well location.
Rig PDI-724 spudded the Mulberry 45 oil delineation well on 1 March 2007. Two cores were cut and recovered over the Birkhead reservoir interval. There were no oil shows in the cores and an FMT over the Birkhead reservoir interval indicated that it is tight at this location. The well has been plugged and abandoned due to lack of oil shows and poor reservoir. PDI-724 has been released from drilling at the Tintaburra Block and will begin drilling at ATP25P Naccowlah Block, Drillsearch 2%. - Web Site
Appendix 3B - Web Site
New Bukuam Mineralised System Continues to Progress - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Bangemall Uranium & Gold Exploration Licence Granted - Web Site
Shareholders Circular - Amended Proxy
Half Year Accounts - Web Site
Appointment of Exploration Manager - Web Site
Indian Companies Farmin to UK Block 48/1b & 2c - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Correction re Final Dividend & FX Conversion - Web Site
Drilling Report (Juha 5/Kutubu 2/Ghard-1)
WELL NAME: Juha 5
Oil Search reports that as at 0600 on 15 March, the Juha 5 well was at a depth of 3,531 metres and pulling out of hole following coring in the Toro reservoir.
During the week, the 7-5/8" casing was drilled out and an additional 34 metres of section drilled to the top of the Toro reservoir. A 16.5 metre core was cut over the interval 3,506 metres to 3,522.5 metres and this has been retrieved. Some hydrocarbon shows were observed in core chips, the significance of which will be evaluated with a full wireline logging suite once the well has reached total depth. A second core was cut over the interval 3,522.5metres to 3,531 metres and is currently being retrieved.
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: Kutubu 2
Oil Search reports that the Kutubu 2 exploration well commenced drilling on 13 March 2007. As at 0600 on 15 March, the well was at a depth of 86 metres and drilling ahead in a 17-1/2" hole.
During the week, the 26" hole was drilled to 24 metres and 18-5/8" casing run and cemented.
Kutubu 2 is located in PPL 219, and is 18 kilometres east of the main Iagifu-Hedinia field, and 12 kilometres east of the Arakubi prospect. The primary objective is the Toro Sandstone with a secondary target in the Iagifu Sandstone. The planned total depth of the well is 2,300 metres MD.
WELL NAME: Ghard-1ST
Oil Search reports that as at 0600 hrs Egypt time (+3 hrs GMT) on 14 March, Ghard-1ST was at a depth of 3,207 metres and drilling ahead in an 8 1/2" hole. Progress for the week was 253 metres.
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 13 March, the Bina Bawi-1 well was waiting on material and testing equipment for the planned 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 14 March, the Kasad-1 well was at a depth of 1,891 metres and drilling ahead in a 6" hole in the Basement. Drilling progress for the week was 271 metres.
During the week, the well drilled through the secondary targets in the Madbi Formation and the Kuhlan Sandstone. A well test programme for the Qishn clastics section, the primary objective which, as previously reported, encountered hydrocarbon shows, was finalised and testing equipment has been mobilised.
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 Kuhlan Sandstone. The planned total depth of the well is 2,000 metres.
WELL NAME: Riyan-1
Oil Search reports that the Riyan-1 exploration well commenced drilling on 10 March 2007. As at 0600 hrs Yemen time (+4 hrs GMT) on 14 March, the well was at a depth of 932 metres and is preparing to drill ahead in a 17-1/2" hole.
The Riyan-1 well is located in Block 15, offshore Yemen, in 562 metres of water. The primary objective of the well is to test a structural closure containing clastic reservoirs of the Late Oligocene Upper Ghaydah Formation. The planned total depth of the well is 2,738 metres. This is the first well in a two well back-to-back programme in the block.- Web Site
Half Year Accounts - Web Site
First Supplementary Bidder's Statement - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Report & Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Significant gold intercepts at Tengrela Gold Project in Ivory Coast
OVERVIEW
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
First Drilling Program Results - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
DISTRIBUTION OF SHARES
The Board of Tennant Creek Gold has resolved to call a General Meeting of shareholders to consider a number of matters, including distribution to shareholders a majority of the 16.3 million shares held by TNG in Batavia Mining Ltd and the 15.1 million shares and 7.5 milion Warrants that TNG owns in Thor Mining PLC. - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Wire Line Logging Operations in Progress at Jingemia-11 Development Well, 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 after drilling to total depth of 2,606 metres was carrying out wire line logging operations.
A preliminary interpretation of the Logging While Drilling (LWD) resistivity logs run while drilling indicate that the entire Dongara Sandstone reservoir over the 31 metre from 2,489 metes to 2,520 metres is likely to be oil-saturated in this well.
The operator Origin Energy has also advised that the top of the oil sand in Jingemia-11 is 10 metres up dip of the previous highest producing well on the field. ....- Web Site
Half Year Accounts - Web Site
Marenica Uranium Proj Namibia - Web Site
Appendix 3B - Web Site
Western Areas Strengthens Nickel Position in Canada - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Company's Request for Trading Halt - Web Site
Trading Halt - Web Site
Market Update - Nifty Sulphide Project - Web Site
Four Mile Uranium Discovery Update - Web Site
Half Year Accounts - Web Site
Burbanks Mining Update - Web Site
Half Year Accounts - Web Site
Removal from Official List - Web Site
Notification of major interests in shares - Web Site
Bowen Energy Pegs Sabrina Uranium Project ELA 80/3898 - Web Site
C$140 Million Placing Completed - TSX Listing Underway
Centamin Egypt Limited (AIM:CEY, ASX:CNT) is pleased to announce that further to the filing of a preliminary prospectus in Canada on March 6, 2007, the Company has priced and allocated an offering of 163,622,198 ordinary shares (the "Ordinary Shares") at C$0.86 per Ordinary Share (the "Offer Price") for gross proceeds of approximately C$140,715,090 (the "Offering"). The Offering will be placed primarily with purchasers in Canada, the United States, and the United Kingdom. Based on the Bank of Canada noon exchange rate on the day of pricing, this implies pricing of approximately 38p or A$0.94, and gross proceeds of approximately GBP 62,382,599 or A$153,602,325.
Westwind Partners Inc acted as lead agent (the "Agent") for the Offering. The Agent has been granted an overallotment option for a period of 30 days following the closing of the Offering to sell additional Ordinary Shares at the Offering Price up to 7.5% of the Offering. Evolution Securities Limited acted as sub agent in the UK.
The Company will close the Offering in two tranches. It is expected that the closing of the first tranche of the Offering will take place on or about March 29, 2007 following the filing of the final prospectus and listing of the Company on the Toronto Stock Exchange ("TSX"). The subsequent tranche is expected to close on or about April 11, 2007 or as soon as practicable following a meeting of shareholders to be held on April 10, 2007 to approve the issuance of 100 million of the Ordinary Shares under the Offering.
The proceeds are to be used for partial funding of the development of the Sukari project, drilling to test for extensions to resources at the Sukari project, regional exploration programs, working capital, general corporate purposes, and expenses of the Offering. As a result of this raising, the Company has now secured the equity component of the project finance required to bring the Sukari project to production. The process of securing the debt component of the required project finance is underway......- Web Site
STX ann: Weekly Operations Update - Web Site
Operations Update - Web Site
Release of restricted securities subject to voluntary escrow - Web Site
Half Year Accounts...
Review of Operations and likely Developments
The net loss of the Company for the financial period after income tax expense was $629,485 (31 December 2005: $1,172,696).
The Company has been awarded onshore and offshore exploration tenements in the Otway Basin of South Eastern Australia. It will actively explore these exploration tenements and seek further exploration opportunities within Australia.
During the financial year the Company issued 120,467,104 shares at an issue price of 3 cents each in a non-renounceable rights issue to existing members on the basis of 2 new ordinary shares for every 3 ordinary shares held on close of business on 25 October 2006. The net proceeds of this share placement were $3,289,970.
Further information on likely developments in the operations of the Company and the expected results have not been included in this report because the directors believe it would be likely to result in unreasonable prejudice to the Company...... - Web Site
Lumwana SAG Mill Shells Arrive in Zambia
Lumwana Mining Company Limited ("LMC" or the "Company"), a wholly owned subsidiary of Equinox Minerals Limited (TSX and ASX symbol: "EQN") ("Equinox") is pleased to announce the arrival in country of the semi-autogenous grind ("SAG") mill shells for its Lumwana Copper Project presently under construction in the North Western province of Zambia.
Contracted to FFE Minerals, a USA company and manufactured by Gandara Censa (Spain) and Siempelkamp (Germany), the Lumwana SAG mill will be the largest mill in Africa with an installed cost of around US$30 million.
The basic design of the SAG mill is an adaptation of the operating mill at Escondida in Chile. At 38 feet in diameter and 20 feet in length with installed power of 18 megawatts, the Lumwana SAG mill is designed to process 2,450 tonnes of ore per hour with an annual rate of 20 million tonnes per annum. Grinding media will be 200 tonnes of 100mm and 125mm steel balls. To meet road transport regulations, the SAG mill shell has been split into three 120-degree sections whilst each head has been split into quarters. Each shell section weighs 64 tonnes and each head quarter weighs 40 tonnes. The total combined empty mill weight is 650 tonnes including trunnions. During operations the mill will contain 600 tonnes of liners with the heaviest individual liner weighing 2.2 tonnes. Mill re-lining will take about 4 days to complete at a cost of US$1.5 million.
LMC is pleased that the arrival of this critical plant completes yet another key milestone towards the development of Africa's largest new copper mine.
Lumwana is owned 100% by Equinox. It is anticipated that the Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37-year mine life and construction is on schedule for commissioning in Q2 2008......- Web Site
Progress Report
Half Year Accounts - Web Site
YALGOO IRON PROJECT UPDATE - Web Site
Half Year Accounts - Web Site
Excellent Progress at Radio Hill & Executive Appointment - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Letter to Optionholders - Amendment to Record Date - Web Site
Letter to Shareholders - Amendment to Record Date - Web Site
Letter to Option holders 1 for 3 pro rata renounceable issue - Web Site
Letter to Shareholders:1 for 3 pro rata renounceable issue
A 1 for 3 renounceable pro rata Entitlement Offer at $1.00 per share to raise approximately $39.7 million. The Company will also grant one attaching option exercisable at $1.50 and expiring 31 January 2008 for every two shares accepted under the Entitlement Offer. - Web Site
Padre Island Drilling Update - Web Site
ALTERNATE POWER LINE SOLUTIONS FOR SOUTHDOWN MAGNETITE PROJECT TO BE ASSESSED
Grange Resources Limited is pleased to announce the commencement of an assessment of alternate power transmission line solutions for its Southdown Magnetite project located 90km east of Albany in Western Australia.
Western Power has engaged consultants GHD Pty Ltd to undertake the community and stakeholder consultation part of the assessment which is scheduled to run until October 2007.
The assessment includes examining the viability of the project initially receiving power from Muja via Albany to Southdown, as opposed to the current proposed direct route, which requires construction of a new 220kv transmission line from the Muja area direct to Southdown.
Grange and Western Power have recently assessed the forecast availability of power from the grid at Albany in the period 2009 to 2012 with a view to Grange adopting a staged development of the Southdown Project which would require less power during that time.
Grange has commenced a study on the staged mine development, the results of which should be available by July 2007. Importantly, this option does not affect Grange's forecast mining start-up at the end of 2009. It would potentially also reduce initial power costs as well as initial capital requirements for the Southdown mining operation.
Grange Managing Director Geoff Wedlock said in revisiting Southdown's power solutions Grange had taken on board business, community and planning considerations in order to provide the best outcome for all stakeholders.... - Web Site
Financial report half year ended 31 December 2006 - Web Site
Change of Director's Interest Notice - Web Site
Becoming a substantial holder - Web Site
GSE: Exploration Update - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - 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
Drilling Report - Web Site
Weekly Drilling Report - Muthero-6 & Burrum-2 - Web Site
Iron Ore Seminar Presentation - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Chairman's response to revised offer - Web Site
Half Year Accounts - Web Site
Crux Project Review Revised Resource Estimates - Web Site
Appendix 3B/Section 708A Notice - Web Site
Drilling Program Update at South Belridge - Web Site
ANDREW ZINC DEPOSIT, CANADA - INAUGURAL JORC-COMPLIANT RESOURCE
Overland Resources Limited is pleased to announce that an independent consultant has calculated an inaugural JORC-compliant resource for the Andrew Zinc Deposit in Canada. The Company has an option to purchase a 90% interest in the project. The resource comprises:
5.92 million tonnes at 5.84% Zn, 2.03% Pb, 9.49g/t Ag & 14.86g/t Ge or
5.92 million tonnes at 7.59% Zn equivalent..... - Web Site
Interim Financial Report for 31 December 2006 - Web Site
Drilling Results from Tangrela Gold Proj - Web Site
Appendix 3B - Web Site
Update on Proposed Purchase of Facilitate Digital Pty Ltd - Web Site
Rio Tinto plc share transaction 13 March 2007 - Web Site
US$50m Canmex Joint Venture Completion - Web Site
Joint Venture with POSCO Commences
Resource Pacific Holdings Limited is pleased to announce that the final documentation has been signed and payment of $30 million received for the creation of the Newpac Coal Joint Venture with POSCO.
As previously announced, Resource Pacific Holdings Limited has formed a joint venture with POSCO to own and operate the company's Newpac mine in the Hunter Valley, NSW.
POSCO has also contracted to buy 400,000 tonnes of coal from the Newpac mine during the year starting on 1 April 2007 and 500,000 tonnes per annum for the following four years. The agreement will continue to operate thereafter unless 6 months notice of termination is given or POSCO ceases to be a joint venturer. It is expected that the agreement will continue for the life of the mine. The coal price will be agreed annually. - Web Site
Detailed Allotment Results - Global Offering/Appendix 3B - Web Site
Financial report half year ended 31 December 2006 - Web Site
Further Information on Final Dividend Payment - Web Site
Becoming a substantial holder - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
AFA ann: Acquires 2000km2 Tenements in Western Australia - Web Site
More good drilling results from Peculiar Knob - Web Site
|
Wednesday 14 March 2007 (Close of Business - New York)
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| All Ords | 5727.3 | -116.7 | Dow Jones | 12,133.40 | +57.44 | |||
| ASX100 | 4641.0 | -100.1 | S&P 500 | 1387.17 | +9.22 | |||
| ASX200 | 5741.9 | -123.1 | Nasdaq | 2371.74 | +21.17 | |||
| ASX300 | 5752.8 | -122.1 | NYSE Volume | 3,758,353,000 | ||||
| Materials (Sector) | 10,773.3 | -310.0 | US 10-Year Bond | 4.522% | +0.027 | |||
| All Ords Gold (Sub Industry) | 4287.0 | -79.8 | Gold - spot/oz | US$640.80 | -6.70 | |||
| Metals & Mining (Industry) | 3586.0 | -104.3 | Silver - spot/oz | US$12.72 | -0.09 | |||
| Energy (Sector) | 12,013.9 | -326.4 | Platinum - spot | US$1198.00 | -16.00 | |||
| AGC Macquarie Au | 4650 | -106.8 | Palladium - spot | US$346.00 | unch | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US90.00 | unch | |||
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Wall Street gyrated and then steadied itself Wednesday, closing with a respectable advance although the Dow Jones industrials fell as much as 136 points and briefly dropped below the 12,000 mark before recovering. Stocks bounced back and forth a day after concerns about faltering subprime mortgage lenders sparked a broad selloff. H&R Block Inc. had added to Wall Street's uneasiness by announcing after the closing bell Tuesday its fiscal third-quarter losses would rise because of a $29 million writedown at its mortgage arm.
Advancing issues outnumbered decliners by about 3 to 2, on increased volume, on the New York Stock Exchange.
Wall Street's turbulence came as stocks in Asia and Europe closed sharply lower.
Crude oil prices were higher after the Energy Department reported an unexpected decline in U.S. refinery operating rates.
Copper prices were little changed in New York, erasing gains late in the session amid investor concerns about sliding global-equity markets.
Gold prices in New York fell for the fourth session in a row as some investors sold the metal to cover another round of losses in equities.
Half yearly financial statements - Web Site
Form 484 - Cancellation of 248600 Shares - Web Site
Ceasing to be a substantial holder - Web Site
Suspension from Official Quotation - Web Site
Rig Update - Web Site
ASX Listing Rule 3.10.3 - New Placement - Web Site
Change of Director's Interest Notice - Web Site
Half Year Report/Half Year Accounts - Web Site
Half Year Accounts to 31 December 2006 - Web Site
Appendix 3B - Web Site
Letter to Shareholders: Non-renounceable Rights Issue - Web Site
Letter to S/holders-Pro rata non-renounceable rights issue - Web Site
Prospectus - renounceable pro rata issue - Web Site
Interim report 31 December 2006 - Web Site
Half yearly financial statements - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Final Director's Interest Notice - Web Site
Half Year Financial Statements - Web Site
Half Year Accounts - Web Site
Section 708A Notice - Web Site
Half Year Accounts
Financial report half year ended 31 December 2006 - Web Site
Constitution - Web Site
Interim Financial Report - Half Year Ended 31 December 2006 - Web Site
Notice of General Meeting - Web Site
Ceasing to be a substantial holder from ANZ - Web Site
Half Yearly Financial Statements - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Share Purchase Plan & Unmarketable Parcel Sale
Notice of 2007 Annual General Meeting - Web Site
Appendix 3B - Web Site
Half Year Accounts....
Review of operations
The following occurred during the half-year under review:
Subsequent events
During the month of January 2007 the Company issued a total of 4,533,400 ordinary fully paid shares at an issue price of 5 cents per share pursuant to the exercise of 4,533,400 existing quoted options.
On 16 February 2007 the Company announced finalisation and execution of the agreements between the Company, Independence Group NL and BHP Billiton Minerals Pty Limited for the joint venture over the East Musgrave project which was announced on 1 December 2006...... - Web Site
Acquisition of Central EU Biofuels & Share Purchase Plan - Web Site
Half Year Accounts - Web Site
Final Director's Interest Notice - Web Site
Operations Report
Ipanema & Longhorn Projects
Aurora Oil & Gas Limited (ASX: AUT, "Company" or "Aurora") has been advised by project Operator Texas Crude Energy Inc. ("TCEI") that the land acquisition programs for Longhorn and Ipanema are continuing and have progressed well since our last report.
At Longhorn almost 9,000 acres has been secured to date, a further approximately 5,000 acres is currently verbally committed to lease and 4,000 acres subject to negotiation. At Ipanema total leased net acres in the Prospect exceed 6,000 acres. Aurora considers that the land package secured to date represents an excellent strategic holding relative to our overall targeted areas.
The initial objective of these joint ventures is directed at securing additional onshore Texas leasehold acreage within specific regions identified by TCEI as prospective. The targeted areas of interest have been identified based on considerable analysis including 2D seismic and existing well data. TCEI has spent in excess of 12 years collating and analysing data to this end and from this work has discovered several oil and gas fields.
West Black Lake - Dolores Well Update
Aurora has been advised by the Operator that field preparations are underway ahead of the imminent arrival of a rig to undertake the proposed program which will involve the fracture- stimulation of the full reservoir section by first casing and perforating that section and then pumping the fracture treatment.
North Belridge 26-2H Well Update
Aurora has not yet been advised by the Operator of a rescheduled date for the reservoir stimulation operations at the North Belridge 26-2H well. This information will be advised as soon as available. - Web Site
Release from Escrow - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Wilgar Uranium Update - Web Site
Cluff Regains 100% Equity in Ruby Mine - Web Site
Half Year Accounts
Convertible Note Coupon payment and record date - Web Site
Half Year Accounts - Web Site
Small Share Parcel Sale Facility Completed - Web Site
Ceasing to be a substantial holder
Operations Update - Web Site
ASX Circular: Reorganisation of Capital - Web Site
Offer Information Booklet - Web Site
Becoming a substantial holder for WLF - Web Site
Half Year Accounts - Web Site
Full Year Accounts - Web Site
Half Year Accounts - Web Site
Share Placement to Thai Interests
Kingsgate Consolidated Limited is pleased to announce that on the 14 March 2007 it completed arrangements to place to Thai interests 2.25 million shares at a price of A$4.68 together with one attached option for every share issued (exercisable at A$4.68 on or before 12 months of the date of issue)... - Web Site
Listed 25 cent options - Expiry Date 31/03/07 - Web Site
Half Year Accounts - Web Site
Midas BoardroomRadio Link - Web Site
Investor Presentation - Web Site
Change of Address - Web Site
Half Year Accounts - Web Site
Half Yearly Accounts
THIRD KREYENHAGEN WELL DISCOVERS OIL AND GAS FOURTH KREYENHAGEN WELL SPUDS
Nuenco NL ("Nuenco") (ASX code NEO) is pleased to announce that casing has been set on the third well at Kreyenhagen and that the fourth well in this multi well program has now spudded. Nuenco has a 5% interest in this multi well appraisal drilling program in the Kreyenhagen Oil Field which will see it "free carried" for several more wells.
This third well, drilled approximately 2,400 feet to the south east of the first well, also penetrated the primary Temblor Sands objective that appears contiguous through this section and preliminary analysis of the logs from each of the wells indicates up to 200 feet of potential oil pay in this primary objective.
"We are pleased with the initial results from Kreyenhagen and the performance of the California Operator, the Nahabedian Exploration Group, LLC. These wells have exceeded our expectations and we look forward to continuing success with the program.
"These are the initial stages of a heavy oil project. We are currently acquiring critical information required to evaluate the project. In the coming weeks we anticipate the operator will perform tests to determine the reservoirs response to steam injection, a procedure in which the partners have expertise coupled with a successful track record. Once tests are completed we will have a better understanding of the scale of the project and how it can best be developed." Managing Director Anthony Kain noted - Web Site
Appendix 1A: ASX Listing application and agreement - Web Site
Horwath Independent Review Report - Web Site
Corporate Governance Statement - Web Site
Terms of Quoted & Non Quoted Options - Web Site
Restricted Securities - Web Site
Completion of Deed of Assignment - Web Site
Confirmation of Completion of Asset Sale - Web Site
Top 20 - Web Site
Confirmation of Issue of Securities - Web Site
Distribution Schedule - Web Site
Pre-Quotation Disclosure - Web Site
ASX Circular: Commencement of Official Quotation - Web Site
VPE:Oil Column in Target Sandstone Drilled in Jingemia-11 - Web Site
Indian Companies BPCL & Tata Petrodyne Farm-in to UK Block 48/1b&2c
Norwest Energy announces that a Farm-in Agreement has been signed between the Joint Venture parties in Block 48/1b&2c, and Indian companies Bharat Petroleum Corporation Limited (BPCL) and Tata Petrodyne Limited (TPL).
Under the terms of the agreement, BPCL and TPL will each fund a 40% share of the costs on an appraisal/development well to be drilled on a gas discovery originally drilled by Amoco in 1984. In exchange, BPCL and TPL will each earn a 25% interest in the block. The promoted costs of the well are capped at US$23 million. The license terms require the well to be drilled before December 2008, and the well is expected in 2008. The retained interest is subject to a royalty.
The original 1984 well proved the presence of a gas column in the structure and subsequent work by Norwest and its partners indicate gas volumes significantly larger than the minimum economic field size. A number of producing fields in the immediate vicinity provide a range of alternatives for gas production/delivery to onshore gas plants....... - Web Site
Results of EGM/Presentation - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
MD Presentation - Half Year Results - Web Site
Drilling Update - 3 Well Exploration Programme WA - Web Site
SYDNEY GAS JV GRANTED FOURTH PRODUCTION LEASE
Sydney Gas Ltd advises that the NSW Government has granted NSW's fifth Petroleum Production Lease ("PPL") under the Petroleum (Onshore) Act 1991 to the Camden Joint Venturers for a 21 year term. The newly granted area, PPL 5, which covers 102.7 km2, brings to four, the number of leases now held by Sydney Gas (Camden) Operations Pty Ltd and AGL Gas Production (Camden) Pty Ltd. The addition of PPL 5 increases the aggregate area under production leases to 206.9 km2, which will provide the Joint Venture with access to additional gas resources for consumers in New South Wales.
The most recent independently certified reserves for the Camden Gas Project are calculated to be 56.95 BCF (1P), 79.95 BCF (2P) and 104.98 BCF (3P) respectively. The above certified reserves cover approximately 82 square kilometres.
The Joint Venture is currently producing approximately 12.6 MMcf/day (approximately 13.0 TJ/day) from certain areas of PPLs 1, 2 and 4. The granting of PPL 5 will enable higher average production for the Camden Gas Project in view of the encouraging production results obtained from the recently drilled SIS well GL14 (approx. 920 Mcf/day), which is located adjacent to the boundary between PPL 4 and PPL 5.
AGL Energy Ltd is the operator of the Camden Gas Project in a 50-50 joint venture with Sydney Gas Ltd. - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Tala Hamza Assay Results - Web Site
Oil Column in Target Sandstone Drilled in Jingemia-11 Development Well, 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 after drilling to total depth of 2,606 metres was preparing the well bore for wire line logging operations.- Web Site
Becoming a substantial holder from IBC - Web Site
Initial Director's Interest Notice - Web Site
Gold Production from Mandilla Continues - Web Site
Ilse 1 Well - Operations Update - Web Site
Shipping commences April 2007 - 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. The Black Creek rig is expected to move onto location within the next 5 days. - Web Site
BPT: Weekly Drilling Report - Web Site
PREMIUM QUALITY, FERTILISER GRADE PHOSPHORIC ACID IS COMMERCIALLY & TECHNICALLY FEASIBLE FROM NOLANS
A PHOSPHATE HOSTED RARE EARTHS - URANIUM DEPOSIT
Test work on phosphate rich mineralisation from Arafura Resources' Nolans deposit conducted by Bateman Litwin in Israel has demonstrated that it is technically possible to produce commercial fertiliser grade and premium quality phosphoric acid.
Arafura previously reported hydrochloric leaching of Nolans mineralisation to separate the insoluble rare earth rich stream from a soluble phosphate rich stream. This current test work extends the flow sheet for the recovery of phosphoric acid from this soluble stream.
Preliminary estimates from Bateman indicate phosphate recoveries of about 80% with capital costs of US$55 million and operating costs of US$131 per tonne of contained phosphate pentoxide (P2O5) and are ± 40% accuracy. Technical details are appended.
On the basis that Arafura target 10,000 tonnes of rare earths production, the volume of phosphoric acid as a co-product is about 60,000 tonnes per annum. The company is looking at the opportunity for increasing these output rates for these products given the positive results and the rapidly growing demand for rare earths.
At present the average price for merchant grade phosphoric acid is about US$400 per tonne of contained P2O5 free of transport charges.
Arafura has commenced further optimization of the testwork for the pilot plant planned for later this year. - Web Site
Martin County Activity Update - Web Site
Weekly Exploration Update
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1 Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1well is nearing completion of the testing program. To this point, the lower Anomalina "A" primary zone has been tested at a flow rate of approximately 2.5 MMcf/d and approximately 120 bbls of condensate per day on a very small 12/64" choke. This was a short "flow restricted" test to minimise the possibility of reservoir damage and to collect bottom hole pressure measurements. A retrievable bridge plug was then set to isolate this zone from the upper Anomalina "A".
The upper Anomalina "A" has now been perforated and on initial flowback was producing gas at greater than 2 MMcf/d.
Further information will be released at the end of the programme.
These results are in keeping with expectations at this point in the testing program. Productive zones of our choosing will be dual completed for final sales.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2 Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
Scott-2 will be production tested after the conclusion of the programme on Harrison-1.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1 Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares 25%
Ilse-1 has currently drilled to a provisional total depth of 17,000 feet and is preparing to run wireline logs to evaluate shows encountered during drilling.
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 is being readied for production testing. The testing crew is now on location.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2 Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Garcitas Ranch C-2 commenced drilling on 6 March 2007 (local time). Current depth is 5,023 feet. Surface casing was set and cemented to a depth of 2,897 feet. Next logging run is planned at a depth of 5,700 feet.- Web Site
Becoming a substantial holder - Web Site
Statement concerning recent trading in Boulder securities - Web Site
RDM: Encouraging Lead&Silver drill intercepts on McKinlay Pr - Web Site
Lodgement of Form 6K with US Securities & Exchange Comm - Web Site
Tenement Applications Scaddan Lignite Project - Web Site
Appointment of Corporate Advisor - Web Site
Northern Strike Extension of New Zone Confirmed - Web Site
Amendment to acquisition terms of the Masbate Gold Project - Web Site
Half Year Accounts - Web Site
Pedirka CBM-GTL Report 09/03/07
THE UNCONVENTIONAL PETROLEUM POTENTIAL OF EP 93 AND EPA's 130 & 131 AND PELA 77 PEDIRKA BASIN ONSHORE NORTHERN TERRITORY AND SOUTH AUSTRALIA
EXECUTIVE SUMMARY
Half Year Accounts - Web Site
Half Year Accounts - Web Site
NW Alice Prospect Spuds - Jim Wells County Texas - Web Site
Half Year Accounts
African Energy Investor Update March 2007 - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Open Briefing.Gindalbie Metals.Karara Proj Feasibility Updte - Web Site
Initial Director's Interest Notice - Web Site
Confirms Unique Cairn Hill Inferred Resource - Web Site
Fortnum Gold Mine - Operating Performance - Web Site
Half Year Accounts - Web Site
MZM: Correction to Map re Robinson Range JV - Web Site
Full Year Results - Presentation to Investors & Analysts - Web Site
Drilling at Emmie East Copper Prospect - Web Site
Encouraging Drilling Results at Genorah Farms - Web Site
Increased Stake in Gas Project - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Open Briefing - Nickel Expansion Strategy - Web Site
Exploration Update/Withdrawal from Uncle Sam Project Alaska - Web Site
Half Year Accounts - Web Site
March 2007 Investor Presentation - Web Site
Half Year Accounts - Web Site
Half Year Accounts - REVIEW OF OPERATIONS
(i) Goondicum Industrial Minerals Project
Site activities Construction activities commenced on the Goondicum processing plant in August 2006 and are ongoing. The concrete floor for the project's processing plant was completed in December and delivery of structural steel commenced in January 2007. Topsoil removal for the tailings dam and ore excavation is complete and ore excavation has commenced.
Earthworks at the Dakiel feldspar wash plant are nearing completion and concrete works commenced during February.
Commercial production of the Project's industrial minerals is scheduled to commence from mid 2007.
Power line
In December, Monto announced plans to finance and build its own power line extension to the Goondicum mine site rather than proceed with construction by the regulated electricity provider. This is expected to result in significant operating cost benefits over the life of the project. It also means that the power line can be completed earlier, reducing the need for expensive diesel fuelled power generation during the early stages of the project's production. Construction of the power line is expected to be completed in the quarter ending September, 2007 and will add approximately $6.5 million to the capital expenditure of the project.
Water pipeline
In October, Monto entered into a Water Transport Agreement with the Queensland Government's SunWater for the transport of water to the Goondicum Project, and the necessary water licence was approved. Under the agreement, SunWater will build, own and operate a 35km pipeline to transport water to the Goondicum project from Monto's bores in the Mulgildie Basin to the west of Monto.
Marketing Progress
Marketing is continuing on each of the product streams - feldspar for use in paint and powder coating, glass making and as an industrial abrasive; ilmenite for manufacturing white pigment used in paint, paper and plastics; and apatite as organic fertiliser, with a fourth mineral, titanomagnetite, being tested as a coal washing agent.
(ii) Funding
Monto issued shares and options to raise $177,297 in cash, extinguish debt of $481,432 and provide share based remuneration of $68,957. The total number of shares issued during this period was 2,897,337. Funds were applied to advancing the Goondicum Industrial Minerals Project and working capital.
Monto has previously announced a requirement for interim funding of $15.5 million to cover infrastructure guarantees until they can be secured against the project's cashflows, and funding of $6.5 million for the construction of the power line as a better value option to the regional government-owned power company building it. The interim funding of guarantees is to replace cash currently collateralising infrastructure and other guarantees required by parties providing water, transport and power supply to the Project.
Monto is currently finalising the details of a funding package, including the amounts noted above and further working capital requirements, including the costs of the fundraising. Monto will be contacting shareholders shortly regarding approval for the funding plan.
The projected capital cost for completion of the two processing plants, subject to a fixed price EPCM contract, remains within the original estimate of $39 million. The total forecast Project cost, excluding working capital requirements, is $48 million, including roads, tailings dam, and the power line which will now be owned and funded by the company...... - Web Site
China Century Capital Limited - Float Update
The float programme for China Century Capital, (CCC) is nearing completion and the attached has been mailed to its shareholders. MSC holds 24.5% equity interest in CCC and is also vending in its profitable Chinese construction minerals quarry. MSC anticipates receiving about A$3.65 million vendor consideration in cash upon a successful float outcome, (see: ASX Announcement 7 September 2006). A proposed minimum underwritten subscription of A$5 million has been agreed with the underwriters of CCC. - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Indonesian Update
Secures Equity Standby Facility - Web Site
Removal from Official List at close trading 14/03/2007 - Web Site
Update on the Polar Bear Project - Web Site
Appendix 3B - Web Site
Purchase of additional areas of interest - Web Site
Annual Report - Chairman's letter-
Dear Pryme Shareholder
Following a successful 2006 - including admission to the ASX in April - all of us at Pryme are focused on the months ahead as our projects are expected to transition to earnings. We are setting the stage for the planned, systematic approach to our oil and gas resource development that is described in our shareholder reports and ASX announcements.
While revenues from delineation and development drilling in LaSalle Parish continue as planned, with a bit of luck Pryme secured the "Raven" project located in a rich gas and condensate fairway. No 3-D seismic was required nor any equivalent time-consuming earth science preparation; just straightforward drilling and completions where each well unit penetrates hydrocarbons at virgin pressures. While a blind hog can find an acorn every now and then, we agree with someone who once said: "...luck is what happens when preparation meets opportunity..."!
Unlike companies working in resource plays such as "tight gas", "tight oil", "dead oil" and other reservoirs that abound in the Rocky Mountains, Pryme's focus is to develop conventional oil and natural gas resources from typically high-permeability, highly saturated, virgin- pressure reservoirs. Consequently, our oil and gas wells will usually tolerate quite low product prices before their economic limit is reached. Pryme's natural gas objectives will remain economic until approximately US$2.25/MMBtu. Our oil reservoirs can tolerate approximately US$15/Bbl prices at the field level.
In contrast to our Raven, Kestrel, Turner Bayou and Condor conventional reservoir projects, tight gas sandstones in the Rockies come to mind. One well drilled to a Pryme objective in Louisiana will typically drain a square mile or more of reservoir. By last reckoning, in some Rockies basins it is necessary to drill at least 20 wells to effectively drain an equivalent reservoir area. Studies show that such gas has an economic limit of approximately US$4/ MMBtu. Ultimate recoveries per square mile are generally competitive, except for the much lower capital cost to develop Louisiana resources and the decades longer it takes to produce Rockies low-flow natural gas, which brings in to question the time value of money. It is no coincidence that last October, when natural gas prices in the U.S. were inordinately below $4/MMBtu for that month, there was a derailment of many drilling decisions in the Rockies.
Beyond that, unlike many other Australian junior exploration and development companies, our focus is not divided between and among several U.S. states but instead is only on Louisiana. In addition, in that part of the U.S., our oil and gas development activities are absent the extreme winter weather conditions that further characterise the Rockies.
Without a doubt, the fundings received from our shareholders have enhanced Pryme's deal flow. Since timing is everything in this business, being able to leverage from Pryme's strengthening market capitalization has been a very pleasant surprise in an industry setting where there are more drilling dollars than there are good projects in which to put them. Justin Pettett's analysis on how this phenomenon impacts Pryme is set out in the Managing Director's Report.
I would like to acknowledge my fellow directors Mr Justin Pettett, Mr Ryan Messer, Mr Ananda Kathiravelu and Mr Philip Judge as well the Advisory Board Members Mr Donald Ellison, Mr James Stewart and Mr Craig Sceroler for their continued support and contribution to the operations of Pryme. It is a privilege to work with a team comprised of both talent and drive and I thank them for their commitment to Pryme's performance. Finally, I can confirm to you that Pryme and all its officers endorse best practice governance. In this connection, access to our newly establish corporate governance website is for the benefit of all Pryme shareholders.
Those of us at Pryme are somewhat obsessed with exponential growth and we are tenaciously working to attain it for our investors. On behalf of the Board, I would like to thank Pryme's shareholders for their continued support and I look forward to seeing as many of you as possible this year.
Yours sincerely
John Dickinson
Chairman Web Site
Notice of Annual General Meeting - Web Site
ASX Waiver from Listing Rule 14.7 - Web Site
Rio Tinto plc share transaction 12Mar07 - Web Site
Resource Estimate for Lake Disappointment - Web Site
Change of Registered office address - Web Site
Appendix 3B - Web Site
Memorandum Articles of Association - Web Site
Change of Director's Interest Notice - Web Site
Alan Birchmore - Web Site
Appendix 3B - Web Site
Open Briefing - Bronzewing Recommissioning and Carnilya Hill Strategy - Web Site
New Vice President - Technical Services - Web Site
Amended Change of Director's Interest Notice - Web Site
Appoints Operations Team Ahead of Drilling Program - Web Site
Resignation of Chief Executive Officer
Zimplats Holdings Limited advises shareholders that Mr. Greg Sebborn has tendered his resignation as Chief Executive Officer with effect from 31st August 2007 in order to pursue other interests.
His resignation has been accepted with regret and a successor will be announced in due course.
Greg has agreed to remain as a non-executive director of Zimplats Holdings Limited to provide continuity, and his long association with the company since 1998 will be of considerable value in this regard.
Greg has made a valuable contribution to the company over many years.
His fellow directors and management thank him and wish him well for the future.
- Web Site
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Tuesday 13 March 2007 (Close of Business - New York)
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Stocks plunged Tuesday, driving the Dow Jones industrials down more than 240 points in their second-biggest drop of the year, as troubles piled up for subprime lenders.
Investors, bracing for a wilting economy, fled the already deflated subprime mortgage sector on more news that lenders New Century Financial Corp., Accredited Home Lenders Holding Co. and General Motors Acceptance Corp.'s residential unit are facing financial problems. Bolstering the belief that the struggles are widespread, the Mortgage Bankers Association said new foreclosures surged to an all-time high in the last quarter of 2006.
The subprime lending worries, coupled with anxiety over the Commerce Department's report Tuesday that U.S. retailers eked out a meager 0.1 percent rise in sales last month (investors had expected an increase of 0.3 percent ), knocked down all three major stock indexes about 2 percent.
Volume on the New York Stock Exchange, where declining issues outnumbered advancers by 5 to 1, was significantly higher than the previous days trading.
Gold prices fell, and the US dollar was lower against most major currencies. A drop in the dollar versus the yen renewed anxiety about traders unwinding their yen "carry trades," or taking money out of high-yielding dollar assets bought with the low-yielding yen.
Crude oil fell to a one-month low in New York after U.S. stocks declined on concern delinquencies among borrowers will spread, slowing the economy.
Weakness in equities, coupled with a pullback from earlier highs in nickel and the inability to penetrate chart resistance, sent copper futures lower Tuesday, analysts said.
Gold prices fell in New York for the third session in a row as declines in global equity markets revived concern that investors will sell commodities to cover losses.
Change of Director's Interest Notice - Web Site
Drilling Progress Report No 3 - Puffin-8 - Web Site
DRILLING UPDATE: THREE WELL EXPLORATION DRILLING PROGRAMME OFFSHORE PERTH BASIN
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that a three well exploration drilling programme is scheduled to commence in the offshore Perth Basin, Western Australia, in early April 2007.
The three wells scheduled for drilling are Frankland-1 and Dunsborough-1 in WA-286-P, and Perseverance-1 in WA-325-P. The wells will be operated by ROC using the "Premium Wilcraft" jack up drilling rig. The entire drilling programme is expected to be completed during May 2007..... - Web Site
Jingemia 11 Oil Development Well Update - Web Site
Constitution - Web Site
Response to ASX Request dated 28/02/07 - Web Site
Pro Forma Balance Sheet - Web Site
Update on Status of Plaints - Web Site
Corporate Governance Statement - Web Site
Capital Structure & Securities subject to escrow - Web Site
Appendix 1A - ASX Listing application & agreement - Web Site
Distribution Schedule & Top 20 shareholders - Web Site
Pre-Quotation Disclosure - Web Site
ASX Circular: Commencement of Official Quotation - Web Site
Half Year Accounts - Web Site
Audio Broadcast on Boardroomradio - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder - Web Site
Half Year Accounts - Web Site
Change in substantial holding from HGO - Web Site
$15M Capital Raising - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
MZM: Enters into uranium JV with GPN - Web Site
Placement Offer & Introduction Offer closed - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice x2 - Web Site
Change of Director's Interest Notice x3 - Web Site
Share Purchase Plan Update - Web Site
Half Year Accounts - Web Site
Change of Address - Web Site
To call a Shareholder Meeting - Web Site
Becoming a substantial holder from MBL - Web Site
Exercise of Option concerning Ghana Mineral Properties - Web Site
To Raise $24Million Via Placement and Rights Issue - Web Site
Completion of Capital Raising/Appendix 3B - Web Site
Change in substantial holding from CAL - Web Site
Half Year Accounts - Web Site
PALADIN'S TAKEOVER OFFER
SUMMIT ASX NZX ANNOUNCEMENT TODAY
NO ACTION IS REQUIRED BY SUMMIT SHAREHOLDERS ON RECEIPT OF PALADIN'S OFFER DOCUMENTS
There is no need for Summit shareholders to take any action in relation to Paladin's offer before you receive Summit's Target's Statement.....- Web Site
Half-Yearly Financial Report ended 31 December 2006 - Highlights
Presentation to Institutions - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Change of Address - Web Site
Release of escrowed securities - Web Site
Half Year Accounts - Web Site
Exploration Update & Activity Report with Drilling Schedule - Web Site
Half Year Accounts - Web Site
Waiver from Listing Ruel 14.7 - Web Site
Initial Director's Interest Notice - Web Site
Initial Director's Interest Notice - Web Site
Extension of shareholder share purchase plan
Change of Director's Interest Notice x3 - Web Site
ORG's ann: Jingemia Oil Development Well Update
Progress and Status: The well commenced drilling on 28 February 2007 using the Century 18 drilling rig. 311 millimetre (12 1/4" inch) hole was drilled to 534 metres measured depth. 245 millimetre (9 5/8" inch) surface casing was set at 531 metres measured depth. 216 millimetre (8½ inch) hole is currently being drilled toward a planned total depth at 2,614 metres measured depth in the Carynginia Formation.
The top of the objective Dongara Sandstone was intersected at 2,489 metres measured depth (2,349 metres true vertical depth subsea). At the top Dongara Sandstone level, Jingemia 11 is approximately 10 metres updip of the previous highest well on the field. Hydrocarbon indications recorded during drilling and preliminary interpretation of Logging While Drilling (LWD) logs indicate that the entire Dongara Sandstone reservoir which is approximately 31 metres thick, is likely to be oil-saturated in this well..... - Web Site
Eremia 7 Flow Rate
ARC Energy Limited advises that the Eremia 7 well, operated by ARC Energy and located in the onshore Perth Basin Production License L1, has now been completed and initial flow testing has been undertaken.
Since the last report, the operations at the well have been to prepare for and undertake a cleanup flow and to connect the well to the Hovea Production Facility.
The well has now been perforated over a 5 metre interval (measured depth) at the top of the Dongara Sandstone reservoir and a clean up flow undertaken. This was followed by test production through the test separator at the Hovea Production Facility. The initial test flow was conducted using a choke size of 40/64 inch at which a flow rate of 1,553 barrels of oil per day was measured. The well head flowing pressure at this choke size was 175 psi. The well will now be tested on a range of different choke sizes to evaluate its long term flow potential. - Web Site
Antam & Partners form Joint Venture Company for Tayan CGA - Web Site
Monthly Net Tangible Asset Backing as at 28/02/07
We advise the unaudited net tangible asset backing of AuSelect Limited (AuSelect) as at 28 February 2007.
The NTA was $1.51 per share prior to estimated tax on gains from a theoretical disposal of AuSelect's investment portfolio at market prices, and $1.50 per share after estimated tax on gains from such disposal.
Note that AuSelect's post-tax NTA has increased relative to its pre-tax NTA this month compared with prior months as AuSelect is no longer required to provide for taxation on its AFL and AFL2 investments following changes in tax treatment. - Web Site
Exploration Program Update - Web Site
New Greenvale Drill Targets Identified - Web Site
Operations Update - Peltier 11-12 - Web Site
Appendix 3B - Web Site
Drilling Update
USA Gulf Coast
Kicker Prospect, Vermillion Parish, South Louisiana (FAR 5%)
Marceaux #1 drilling ahead at 7,654 feet
The Marceaux #1 well spudded on 28 February using Great Wall Drilling Rig 172 and is drilling ahead at 7,654 feet after running 13 and 3/8 inch casing to 4,015 feet.
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 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. - Web Site
Company Presentation - UBS Resources Iron Ore Conference - Web Site
Half Year Accounts - Web Site
Mt Cattlin Drilling Update - Web Site
GOLDSTREAM CONFIRMS UNIQUE CAIRN HILL INFERRED RESOURCE
Diversified mining company, Goldstream Mining NL (ASX:GDM) is pleased to announce an Inferred Resource of 11.3mt at 50.3% Fe, 0.4% Cu and 0.1g/t Au at its Cairn Hill Project located 55 km south of Coober Pedy in South Australia.
The Inferred Resource was calculated by Snowden Mining Industry Consultants based on drilling completed to the end of 2006.
Goldstream Managing Director Duncan McBain said "achieving an Inferred Mineral Resource was an important milestone for shareholders and customers.
"The Inferred Mineral Resource enables our potential Chinese customers to better understand the mining grade and tonnage characteristics of the magnetite resource, which in turn assists them to plan their plants for processing the Cairn Hill ore," Mr McBain said.
"The Cairn Hill deposit is unique in its structure hosting iron, copper and gold, with test work and feedback from potential customers highlighting the relative ease of processing and value in use benefits."
The current Inferred Resource covers the proposed Initial Pit area (Figure 1), the extents of which are based on possible open pit mining parameters. - Web Site
Eastern Star Gas Annoucement
Hillgrove Resources Limited (ASX:HGO) advises that Eastern Star Gas Limited has announced the execution of a MOU with Macquarie Generation to investigate potential long term supply of gas that could reach as much as 500PJs in total.
Hillgrove is a 19.9% shareholder in Eastern Star Gas Limited (ASX:ESG) with 106.3 million shares. Hillgrove also owns 29.5 million converting notes and 25 million options exercisable at 15 cents on or before 30 October 2009.- Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Cerro del Gallo Mineral Resource Upgrade
Shareholder Purchase Plan
The Board of Directors of Lafayette Mining Limited is pleased to invite its eligible shareholders to participate in the Company's Share Purchase Plan (SPP).
Accordingly, please find attached a copy of the terms and conditions of the SPP, as lodged with the Australian Stock Exchange (ASX) today. The SPP will be open to all persons registered as holders of shares in the Company as at the close of business on Monday, 12 March 2007 (the Record Date) who have an address (as recorded in the Company's register of members) in Australia or New Zealand (Eligible Members). The Offer will not be extended to shareholders in jurisdictions outside Australia or New Zealand.
An Eligible Member is permitted to acquire up to A$5,000 worth of shares and the Offer will close at 5.00pm (EST) on Thursday, 12 April 2007.
The pricing for shares under the SPP has been set at a level that is approximately a 15% discount to the volume weighted average closing price of the Company's shares for the five trading days prior to and including 12 March 2007. This translates to an Offer Price of 7.0 cents per share.
Full terms and conditions and a personalised application form will be mailed this week to all Eligible Members. Completed applications will need to be received by the Company by the closing date of 12 April 2007. - Web Site
Amended - Initial Director's Interest Notice - Web Site
Half Year Accounts - Web Site
40th Minesite Mining Forum - London UK Presentation - Web Site
Change of Director's Interest Notice - Web Site
First Supplementary Bidder's Statement - Web Site
NZOG'S TUI PROJECT UPDATE
New Zealand Oil & Gas Ltd ("NZOG") provides the following update on progress of Tui Area oil development activities.
The project risks continue to be reduced and the project remains on schedule for first oil by June 30, 2007. The joint venture has approved a 9% budget increase to account for slower drilling rates than anticipated, but also because of the lengthening of the Tui-2H production well which intersected a more extensive oil column than predicted.
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. When fully commissioned, a production rate peaking at 50,000 barrels of oil per day is anticipated.
Progress on Construction of Facilities
Significant progress has been made on the construction activities, commensurately reducing the project risks.
All of the development's major construction components are now manufactured, and most have been delivered to New Zealand. This equipment includes the tubulars and other well related equipment, subsea trees, FPSO anchors and associated mooring components, flowlines, gas lift lines, umbilicals, risers and mid-water arches.
Installation of the facilities is now well underway: The anchors and chains for the FPSO have been successfully pre-installed. Two of the four mid-water arches, the most weather-sensitive installation activity, were installed in a favourable weather window last week.
The FPSO, which is to be leased from the Norwegian company Prosafe, is also in the final stages of construction in Singapore and is scheduled to arrive in New Zealand in mid-April......- Web Site
Audio Broadcast - Web Site
Ceasing to be a substantial holder - Web Site
Report In Media on Bougainville - Web Site
SMM: Letter to Shareholders re Paladin's Takeover Offer - Web Site
TUI PROJECT UPDATE
Pan Pacific Petroleum N.L. ("PPP") as joint venture partner in the Tui Area Oil Development, provides the following update on progress of Tui Area oil development activities.
The project risks continue to be reduced and the project remains on schedule for first oil by June 30, 2007. The joint venture has approved a 9% budget increase to account for slower drilling rates than anticipated, but also because of the lengthening of the Tui-2H production well which intersected a more extensive oil column than predicted.
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. When fully commissioned, a production rate peaking at 50,000 barrels of oil per day is anticipated.
Progress on Construction of Facilities
Significant progress has been made on the construction activities, commensurately reducing the project risks.
All of the development's major construction components are now manufactured, and most have been delivered to New Zealand. This equipment includes the tubulars and other well related equipment, subsea trees, FPSO anchors and associated mooring components, flowlines, gas lift lines, umbilicals, risers and mid-water arches.
Installation of the facilities is now well underway: The anchors and chains for the FPSO have been successfully pre-installed. Two of the four mid-water arches, the most weather-sensitive installation activity, were installed in a favourable weather window last week.
The FPSO, which is to be leased from the Norwegian company Prosafe, is also in the final stages of construction in Singapore and is scheduled to arrive in New Zealand in mid-April.....
- Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B: Proposed Share Issue - Web Site
VPE: Oil Shows in Target Sandstone Drilled in Jingemia-11 - Web Site
Drilling Update: Three Well Exploration Drilling Programme, Offshore Perth Basin
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that a three well exploration drilling programme is scheduled to commence in the offshore Perth Basin, Western Australia, in early April 2007.
The three wells scheduled for drilling are Frankland-1 and Dunsborough-1 in WA-286-P, and Perseverance-1 in WA-325-P. The wells will be operated by ROC using the "Premium Wilcraft" jack up drilling rig. The entire drilling programme is expected to be completed during May 2007.
Commenting on the drilling programme, ROC's Chief Executive Officer, John Doran, stated that:
"Since the 2001 discovery of the Cliff Head Oil Field with the first moden exploration well in the offshore Perth Basin, 8 exploration wells have been drilled in an attempt to find another Cliff Head or, preferably, something significantly bigger in this region, but all have been dry. From ROC's point of view, the imminent drilling programme is probably the last roll of the dice involving, as it does, two wells which are government commitment wells. If this programme does not yield commercial encouragement, ROC will probably consolidate its Perth Basin interest to Cliff Head and the immediately surrounding area and redirect its exploration dollars to other parts of its portfolio. If the programme provides a commercial discovery, ROC will be 100% focussed on working with its co-venturers to appraise and, if warranted, develop it as soon as possible." - Web Site
Half Year Accounts - Web Site
$11.52M CAPITAL RAISING TO UNDERPIN ACCELERATED DRILLING PROGRAMS AT AUSTRALIAN ZINC PROJECT
HIGHLIGHTS -
Research Note by Hartleys - "Tanami Starts to Turn the Corner" - Web Site
Molyhil - Memorandum of Understanding completed
Thor Mining is pleased to announce that it has completed a Memorandum of Understanding with China's Hunan Nonferrous Metals Holdings Group Co Ltd (HNG) in regard to its flagship Molyhil Project. The Memorandum of Understanding allows for HNG to complete due diligence by 15 April 2007 with best endeavours to conclude commercial finance terms and suitable off-take agreements by 30 April 2007. - Web Site
EXPLORATION UPDATE AND ACTIVITY REPORT WITH PLANNED 2007 DRILLING SCHEDULE
As per the attached Victoria Petroleum NL Planned 2007 Drilling Schedule, eighteen exploration and development wells are planned to be drilled over the next six months.
Over the next two months, exploration and development drilling activity will be centred on the Cooper/Eromanga Basin South Australia, Perth Basin Western Australia and the Onshore Gulf Coast Texas USA.
Within the Cooper Basin, exploration activity will focus on Wirraway-1 to be drilled in late March 2007 and the follow on development well, Growler-2, on the late 2006 Growler-1 oil discovery.
Exploration success at Wirraway-1, will further confirm the significance of the Growler oil discovery and the discovery of a new oil production province in the northwest Cooper/Eromanga Basin.
Of the four wells that have been drilled in the Cooper Basin of South Australia and southwest Queensland over the last 2 months, oil was recovered on drill stem test from two wells, Wilpinnie-4 and Telowie-1.
The Wilpinnie-4 oil recovery has enhanced the oil bearing potential of the Tomcat Prospect in PEL 115, with Wilpinnie-4 to be production tested in June 2007 and drilling of Tomcat-1 planned for July 2007.
The recovery of oil from the Murta formation in Telowie-1 provides further encouragement for the potential presence of commercial oil discoveries, targets for drilling in mid 2007, in the northern part of PEL 94 on trend with the adjacent Harpoono oil fields.
In the North Perth Basin, the Jingemia-11 development well has been successfully drilled and it is anticipated will increase gross oil production from the Jingemia Oil Field from 3,200 to 5,000 barrels oil per day. The exploration well Freshwater Point-1 will be now drilled by Origin Energy to explore the oil production potential of the southern part of this North Perth Basin permit.
Within the Texas onshore Gulf Coast basin Margarita Gas Exploration Project, all three shallow gas wells drilled have encountered gas and have been completed for production. Following on from the initial three well program, a further three shallow wells are planned to be drilled in late April 2007 as a precursor to a deeper exploration program planned to commence early second half 2007.
Further exploration and development success in the forthcoming Cooper/Perth/Onshore Gulf Coast Basin drilling programs will add to Victoria Petroleum NL's current net production of 280 barrels oil per day, to achieve the near term target of approximately 500 barrels of oil per day with associated increase in net recoverable oil reserves. - Web Site
Oil Shows in Target Sandstone Drilled in Jingemia-11 Development Well, 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 2,528 metres measured depth. Good oil shows were observed in the drill cuttings of the target Dongara Sandstone over the 31 metre interval from 2,489 metes to 2,520 metres. - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts
Field Activities Commence
TENEMENT GRANTED
The directors of Windy Knob Resources Limited ("Windy" or the "Company") are pleased to announce the granting of a second tenement (E53\1241) at the Company's wholly owned Honeymoon Well project in Western Australia. The tenement covers approximately 5.6 square kilometres and compliments the existing granted tenement (E53\976) which covers a total of 112 square kilometres. This tenement covers an area that has previously been identified as containing ultramafic rocks suitable for nickel mineralization. The tenement boundary is located only 5 kilometres from the Honeymoon Well Nickel deposit. Please refer to the website www.windyknobresources.com.au for location maps.
DESKTOP REVIEW - URANIUM POTENTIAL AT HONEYMOON WELL The Company has completed a desktop study of all historical information relating to the Company's four wholly owned projects; Honeymoon Well, Windy Knob Bore, Tuckanarra and Black Tank Well (application only). The study has revealed potential for nickel and gold occurrences on all projects, as well as zinc-copper-silver potential at Windy Knob Bore.
In addition, the study has revealed the potential for calcrete-hosted uranium mineralization within a paleochannel in the Honeymoon Well project area 55 kilometres SE of Wiluna. The paleochannel runs from near Mount Keith to the shores of Lake Way and approximately 4 kilometres through the Honeymoon Well project area.
FIELD ACTIVITIES
A field trip to all project areas commenced on Saturday, 10 March 2007. Exploration activities will include the acquisition of gamma spectrometer data, mapping gold and nickel trends, and the collection of rock chip and soil samples. Results of these activities are expected within four weeks.- Web Site
PROVINCE-SCALE KIMBERLEY PROGRAM UNCOVERS STRONG RADIOMETRIC ANOMALIES FOR URANIUM
Change in substantial holding from OXR
RESOURCE ESTIMATES AT EAST AVEBURY - SAXON
Emerging Australian nickel miner, Allegiance Mining NL has estimated resources for a portion of the East Avebury and Saxon deposits which were recently discovered one kilometre east of the Avebury Nickel Mine located near Zeehan, West Coast Tasmania. The deposit styles are the same as the main Avebury Deposit and are open to the east, west and down-dip (see Figure 1).
A 200 metre strike length of the East Avebury and Saxon deposits has been drilled on a 50 metre by 100 metre pattern. Preliminary Inferred Resource estimates for the three lenses of mineralisation delineated so far, East Avebury North, East Avebury South and Saxon contain up to 17,000 tonnes of nickel, depending on the minimum cut-off grade applied to the estimates (see Table 1).
Drilling is ongoing and significant additions are anticipated. The East Avebury and Saxon deposits are accessible to existing infrastructure and the significant widths of nickel sulphide mineralisation suggest the deposits are amenable to the bulk mining methods employed in the Avebury Mine....... - Web Site
End of Drilling at the PEL 73 Prospect - Web Site
Appendix 3B - Web Site
To Fully Participate in ARFuels Rights Issue - Web Site
Discovers High-Grade Gold & Silver at Eureka
Half Year Accounts - Web Site
Exploration Report for the month of February 2007 - Web Site
PPP ann: Tui Project Update - Web Site
Tui Project Update - Web Site
NZO ann: Tui Project Update - Web Site
Perth basin drilling update
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that a three well exploration drilling programme is scheduled to commence in the offshore Perth Basin, Western Australia, in early April 2007. The three wells scheduled for drilling are Frankland-1 and Dunsborough-1 in WA-286-P, and Perseverance-1 in WA-325-P. The wells will be operated by ROC using the "Premium Wilcraft" jack up drilling rig. The entire drilling programme is expected to be completed during May 2007. - Web Site
Aurox Nails Down 15 Year Iron Ore Off-take
The Board of Aurox Resources Limited is pleased to announce the signing of a long term Sales Agreement to supply Chengde Iron and Steel Group Company Ltd with 3 million tonnes per annum of titanomagnetite iron ore concentrate from its Balla Balla project commencing 2009.
The agreement links the concentrate sales price directly to the ‘Hamersley Premium Fines price' negotiated annually between the world's major steel producers and Australian iron ore suppliers.
Chengde Iron and Steel Group Co. ("Chengde") is one of the world's largest low-cost vanadium producers, making vanadium slag as a by-product of steel production using a feedstock of vanadium-rich titanomagnetite concentrate. First production from Balla Balla will coincide with the expansion of Chengde's steel plant, located in the Hebei province, from a reported 4.4 million tonnes per annum ("tpa") to 8 million tpa steel by 2009. Chengde is part of the Tangshan Iron and Steel Group Ltd, one of the top three steel producers in China...... - Web Site
Heron-1 Well Testing Update - Web Site
Change of Director's Interest Notice x 3 - Web Site
SALE OF FIRST PRODUCTION FROM DIAMOND MINING OPERATIONS, OFFSHORE NAMIBIA
Bonaparte is pleased to advise of the first sale of 1,343 carats via Dimaond Fields International Ltd's existing sales agreement with Diamond Tenders (Belgium) NV in Antwerp.
Key points of the announcement attached for your information are:
CBH becomes substantial shareholder in TNG - Web Site
Ducie Licence Granted - Web Site
FDL: News Release - Flinders Maintains Diamond Focus - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B: Allocation of 335000 options - Web Site
Executes MOU with Macquarie Generation - Web Site
Appendix 3B - Web Site
Cyclone George Impact - Web Site
FML Redemption JV update 13 March 2007 - Web Site
Tracked Vehicle Access Open to Kodu Deposit - Web Site
Kenya L5 Extended
Audio Broadcast - Web Site
Half Year Report 31 December 2006 - Web Site
Embarks upon uranium exploration initiative in the NT
Change in substantial holding - Web Site
Reinstatement to Official Quotation - Web Site
HIGH-GRADE RC INTERCEPTS TO 95 G/T GOLD - COCK-EYED BOB AND MAXWELLS
The Board of Integra Mining Limited (Integra) is pleased to announce high- grade gold drill intercepts from RC drilling at the Cock-eyed Bob and Maxwells gold deposits in the Aldiss-Randalls Gold Project including:
OEL ann: Otto Farms Out Turkish Licences - Web Site
Top 20 shareholders - Web Site
Change of Director's Interest Notice - Web Site
Change of Director's Interest Notice - Web Site
Initial Director's Interest Notice x 4 - Web Site
Net Tangible Asset as at 28 February 2007
The NTA was $1.90 per share prior to estimated tax on gains from a theoretical disposal of Lion's investment portfolio at market prices, and $1.79 per share after estimated tax on gains from such disposal. The NTA is after providing for the cash dividend paid on 23 February 2007. - Web Site
Change in substantial holding (Amended) - Web Site
Results of General Meeting - Web Site
Company Presentation by Executive Directors - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Reinstatement to Official Quotation - Web Site
Placement to Swiss Institutions - Web Site
Defeating Condition Fulfilled - section 630(4) notice - Web Site
Initial Director's Interest Notice - Web Site
Joint Venture with Chesser Resources in SA - Web Site
Weekly Drilling Report - Web Site
Becoming a substantial holder - Web Site
Company Secretary Appointment - Web Site
Rio Tinto plc share transaction 9 March 2007 - Web Site
Lacerta Operational Update (ATP 795P)
Production testing operations on Lacerta 7 are continuing with water flow rates of 850 barrels per day being recorded along with sufficient free gas production from that well to independently power the water pump.
Civil engineering work to commission the Lacerta 5, 6 and 8 pilot wells is continuing.
Mitchell Drilling Rig 101 has drilled the Lacerta 23 pilot well to total depth. This well has now been logged, under-reamed and cased pending completion as a future gas producer. The rig is now moving to Lacerta 22, the second pilot production well in the current series of 8 new pilot wells on Lacerta.
Mitchell Rig 123 has completed coring operations on the Lacerta 11 core-hole and has moved to the previously drilled Lacerta 2 core-hole to conduct the deferred permeability testing of the intersected coals in that well. The rig will then move to the Lacerta 10 core-hole. Lacerta 11 intersected the Juandah and Taroom coal seams as prognosed, and permeability tests conducted on the well are currently being analysed.
Sunshine Gas will issue weekly operational updates to the market each Tuesday.
Pilot 1 Production Testing (4 wells):
Production testing of the Lacerta 7 well continues to give encouragement with consistent water flow rates of 850 barrels per day, and sufficient free gas to independently fuel the running of the down-hole pump. It is expected that pump speed (and hence water rate) will be slowly increased to reduce the fluid level in the well-bore, and thus accelerate the dewatering process....... - Web Site
2006 Annual Report - Web Site
Drilling Commences at Thoroughbred No.1 - Web Site
Appendix 3B - Exercise of Options - Web Site
Half Year Accounts - Web Site
Xstrata Copper Announces the Sale of the End-of-Life Recycling Assets Operated by Noranda Recycling
Toronto, 12 March 2007 - Xstrata Copper Canada, one of the world's largest recyclers of precious metals and copper, announces the sale of its end-of-life recycling facilities to Sims Recycling Solutions a wholly owned subsidiary of Sims Group Ltd. The three end-of-life recycling facilities are currently operated by Noranda Recycling, a wholly-owned subsidiary of Xstrata, and are based in Roseville, California, La Vergne, Tennessee and Brampton, Ontario.
Xstrata Copper will continue to receive and process the copper and precious metal bearing product stream from the formerly owned facilities. Xstrata Copper Canada continues to operate precious metal recovery and sampling facilities located at East Providence, Rhode Island and San Jose, California under the banner of Noranda Recycling. Commercial offices in Toronto, Ontario, San Jose, California, East Providence, Rhode Island, Penang, Malaysia and Zug, Switzerland will be maintained with the goal of expanding Xstrata Copper Canada's acquisition of recyclable materials. - Web Site
|
Monday 12 March 2007 (Close of Business - New York)
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| All Ords | 5868.1 | +57.9 | Dow Jones | 12,318.62 | +42.30 | |||
| ASX100 | 4761.2 | +50.4 | S&P 500 | 1406.60 | +3.75 | |||
| ASX200 | 5891.0 | +60.8 | Nasdaq | 2402.29 | +14.74 | |||
| ASX300 | 5899.9 | +60.3 | NYSE Volume | 2,723,232,000 | ||||
| Materials (Sector) | 11,127.7 | +115.6 | US 10-Year Bond | 4.553% | -0.036 | |||
| All Ords Gold (Sub Industry) | 4409.0 | -1.5 | Gold - spot/oz | US$649.00 | -1.20 | |||
| Metals & Mining (Industry) | 3702.3 | +36.4 | Silver - spot/oz | US$12.95 | +0.13 | |||
| Energy (Sector) | 12,305.3 | +120.6 | Platinum - spot | US$1204.00 | unch | |||
| AGC Macquarie Au | 4785 | +6.2 | Palladium - spot | US$350.00 | unch | |||
| Hartleys Explorers Index | 15,887 | na | Uranium - spot US$/lb | US85.00 | unch | |||
| Shanghai Composite | 2954.9 | +17.0 | Bridge CRB Futures Index | 401.57 | -1.67 | |||
| Hang Seng | 19,442.4 | +307.5 | Light Crude (NYM - $US per bbl.) | US$58.91 | -1.14 | |||
| Nikkei | 17,292.4 | +128.4 | Natural Gas (NYM - $US/mmbtu) | US$7.06 | -0.18 | |||
| India BSE 30 | 12,902.6 | +17.6 | Copper (LME - spot $US/tonne) | 6237 | +104 | |||
| FTSE 100 | 6233.3 | -11.9 | Lead (LME - spot $US/tonne) | 1919 | +94 | |||
| German DAX | 6715.5 | -1.0 | Zinc (LME - spot $US/tonne) | 3263 | -9 | |||
| A$ = US78.62 | +0.65 | Nickel (LME - spot $US/tonne) | 46,500 | +1425 | ||||
| A$ = 92.51yen | +0.28 | Aluminium (LME - spot $US/tonne) | 2763 | +44 | ||||
| A$ = 0.596Euro | +0.002 | Tin (LME - spot $US/tonne) | 13,800 | +190 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street's recovery from last month's plunge gained momentum Monday, with stocks rising as investors looked past widening cracks in the subprime lending sector and bought in response to another parade of acquisition deals. New Century Financial Corp. warned Monday in a filing with the Securities and Exchange Commission that all its lenders had cut off short-term funding or announced plans to do so after the subprime mortgage lender wasn't able to make payments. Other subprime lenders fell sharply.
Homebuilders also fell in part amid concerns that tightening credit standards would make it harder for consumers with lower incomes or spotty credit to purchase homes.
Advancing issues outnumbered decliners, on marginally higher volume, by about 2 to 1 on the NYSE.
Crude oil was little changed in New York after falling a third day yesterday as mild weather cut U.S. fuel demand and on signs OPEC member states won't vote for further output cuts when they meet this week.
Nickel rose to a record on the LME on speculation that an increase in stockpiles will be insufficient to satisfy growing demand for the metal used in stainless steel.
A rise in Chinese copper imports and yet another decline in LME warehouse stocks enabled copper futures to rally Monday, traders and analysts said.
Most other metals advanced; zinc was the only metal to ease.
Gold futures ended a volatile session Monday with a modest loss, pressured by uncertainty over global precious-metals demand and falling oil prices.
Initial Director's Interest Notice - Web Site
Final Director's Interest Notice - Web Site
Lapse of Unlisted Options - Web Site
EGO's ann:Parrot Hill-2 Progress Report Exmouth Sub Basin WA
Board of Directors
Aquarius Platinum Limited (Aquarius or the Company) advise that Mr Patrick Quirk has resigned as a director of the Company. Patrick has informed the company that he wishes to concentrate on his private business interests going forward.
Mr Quirk who has had a long and successful career in the metals and mining sectors, operating in Zimbabwe, South Africa, the United Kingdom, Switzerland and Monaco joined the board on 17th July 2002 following the acquisition by Aquarius of a 50% interest in the Mimosa platinum mine in Zimbabwe. - Web Site
Achievement of Production Volumes & Quality for Grant - Web Site
Disclosure Document - Web Site
Trading Halt - Web Site
Appendix 1A - Application for admission to official list - Web Site
Escrowed Shares - Web Site
Distribution Schedule & Top 20 shareholders - Web Site
Pre-Quotation Disclosure - Web Site
Pre-Quotation Disclosure - Web Site
Commencement of Official Quotation - Web Site
Constitution - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Half Year Accounts....
Production Activities
Czech Republic
Janovice Gas Field (60% interest) - net profit ahead of expectations
Oil Revenue from Janovice enabled the consolidated entity to operate on a cashflow positive basis for the halfyear ended 31 December 2006.
Krásná Oil Field (75% reducing to 50% after payout)
Since the production was restarted in April 2003 the output of the wells has not lived up to expectation, which was based on the production rates recorded before the wells were shut in a decade earlier. Continual problems with waxing, water-cut and down hole equipment failure has interrupted production since 2003. Carpathian's view is that there is a limited possibility that production will recommence in the Spring 2007.
However, the final decision will be made after the completion of studies incorporating production data from KS4 and KS7 in 2006 and then only if a more efficient production method for these old wells can be devised.
Exploration Activities
Czech Republic Mosnov (90% interest - contributing 100%)
The Mo-1 Skotnice well was spudded on 28 November 2006 at a location close to the NP 222 well from which a gas flow of 80,000 cubic metres (approximately 2.8 million cubic feet per day) was recorded in 1961, some two years after it had been drilled.
The well reached the final total depth of 430m on 8 December 2006. Analysis of the wireline logs and minor shows of gas recorded while drilling indicated the presence of a 3.2m gas column in a good quality Miocene sandstone reservoir with up to 17% porosity.
Although porosity measurements of plugs from the core in the Miocene Karpat reservoir are in the range 12- 25% and permeabilities of 600 - 2,300 millidarcies, no flow was measured when the section was tested.
It is not clear why such a reservoir failed to produce a flow. This may be due to the formation damage while drilling, damage caused while cementing the production string or inadequate perforating, although the wells in the nearby depleted Kremlin and Priobor-Klokocov gas fields were drilled and completed using essentially the same techniques, according to the operator.
It is reported that the depleted field produced 23 billion cubic feet but as pre-drill economic analysis indicated that a gas reserve much more modest would be economic. The operator has prepared a program of remedial steps to resolve the problems in the well and is negotiating with a contractor to carry out the work, probably early in the second quarter of 2007.
Raskovice - Morávka (60% interest)
Integration of the geophysical and geological interpretations of the permit was completed. A variety of exploration tools and methods are under consideration for the next stage, which is to build on the initial seismic reconnaissance grid. It is anticipated that a choice of exploration strategy will be defined in the early part of 2007.
Roznov (90% interest - contributing 100%)
The permits cover an area of prospective sediments in a variety of potential traps on a faulted margin. The most exciting are a series of features on the basin slope however Carpathian has been restricted in moving forward on these features because of differences between local and regional planning requirements that were highlighted by a feasibility study in early 2006. These differences were not resolved by the target date of late 2006. Carpathian is reluctant to progress further on the larger prospects until such time as the operator develops an effective strategy to deal with the planning problems.
In the meantime Carpathian is reviewing a smaller prospects on the permit and if found positive and the location is not limited by local and regional planning requirements a decision to drill a target could be made mid 2007.
Morava (90% interest - contributing 100%)
The project is located near Hodonin in the northern part of the Vienna Basin, an area of prolific oil and gas production. Hodonin is the regional centre for the industry.
Two hydrocarbon prospects have been identified. The first prospect is a closure in the Neogene in the northeasterly extension of the Vienna Basin from which oil and gas is produced; it is principally an oil target (5 million barrel potential). Oil shows have been recorded in wells nearby but gas is also a possibility.
The second prospect has mapped closure at two levels in the flysch sequence of the Magura Nappe. It is deeper, larger in size, higher in risk and is more likely to contain gas. Potential reserves are in the range 28-55 bcf.
Both prospects are the subject of an independent review, which should be completed early in the first quarter 2007. A feasibility study is being run in parallel with the review and it appears likely that one or more targets will be selected.
Operating Results
The interim financial report to 31 December 2006 show an operating loss of A$1,020,546 (£408,218) compared with a loss of A$94,812 (£37,924) for the half-year ended 31 December 2005. - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Results of General Meeting - Web Site
Plans Spin-Off of Uranium & Base Metals Prospects - Web Site
Half Year Accounts - Web Site
Half Year Accounts - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Production Increases from Workovers at Selmo - Web Site
Change of Director's Interest Notice - Web Site
Half Year Accounts - Web Site
Response to ASX Price Query - Web Site
Half Year Accounts - Web Site
San Joaquin Joint Venture Update - Web Site
PEAK RESOURCES LIMITED - NON RENOUNCEABLE RIGHTS ISSUE OF OPTIONS
On 9 March 2007, Peak Resources Limited (Peak) lodged a prospectus with the Australian Securities and Investments Commission (ASIC) and Australian Stock Exchange Limited (ASX) for a pro-rata non-renounceable rights issue of one (1) option exercisable at 25 cents on or before 30 September 2009 (Option) for every two (2) shares held by Shareholders registered at 7.00pm (EST) on 28th March 2007 (Record Date). Options will have an issue price of 1 cent per Option and will raise up to approximately $219,750 (Rights Issue).
Factional entitlements will be rounded down to the nearest whole Option. Shareholder approval is not required in relation to the Rights Issue.
A full copy of the Prospectus will be mailed to all Shareholders who held shares in the Record Date on, or about, 2nd April 2007. However, the Prospectus will not constitute an offer in any place in which, or to any person to whom, it would be unlawful to make such an offer. Accordingly, it is the responsibility of nonresident applicants to obtain all necessary approvals for the allotment and issue to them of Options pursuant to the Prospectus.
The Prospectus will be available for viewing on Peak's website at www.peakresources.com.au.
It is intended that the proceeds of the issue will be applied toward general working capital expenses of the Company and to meet estimates expenses of the offer..... - Web Site
Becoming a substantial holder from AGK - Web Site
Appendix 3B/Results of Auction of Partly Paid Shares - Web Site
Company's Request for Trading Halt - Web Site
Share Issue - Web Site
ALAN BIRCHMORE - CLARIFICATION
The board of United Minerals Corporation NL is pleased to advise that Mr Alan Birchmore is continuing to serve as the Chairman of Bauxite Australia Pty Ltd, a 100% owned subsidiary of United Minerals Corporation NL. Although having recently resigned from his public duties as a Director of UMC, the board believes that Alan can make a significant contribution to the Kimberley Bauxite Project through his Chairmanship of the unlisted subsidiary.- Web Site
Ceasing to be a substantial holder - Web Site
Initial Director's Interest Notice - Web Site
Appendix 3X x 2 & Appendix 3Z
Half Year Accounts......
REVIEW OF OPERATIONS
During the half-year the consolidated entity;
(i) funded ongoing exploration, evaluation and development work on its exploration areas, particularly the Texas Silver project located near the Queensland/New South Wales border. The Consolidated Entity also continued development work on the Twin Hills Mine at the Texas Silver Project, including commissioning and initial production activities;
(ii) raised $8,928,104 before costs by the issue of 31,272,629 ordinary shares in Macmin Silver Ltd; and
(iii) acquired the Tally Ho exploration project by the issue of 937,500 ordinary shares in Macmin Silver Ltd in lieu of $300,000 cash consideration..........
- Web Site
Sugarloaf Hosston Well Testing Program - Web Site
EKA ann: Sugarloaf-1 Well Testing Program - Web Site
Corporate Presentation - Web Site
Appendix 3B - Web Site
VPE: Jingemia-11 Oil Development Well Drilling Report - Web Site
Secures Uranium Fluorite Project Agreement - Web Site
Convertible Notes Offering Circular - Web Site
On-Market Buy-Back - Web Site
Change of Director's Interest Notice x2 - Web Site
Appendix 3B - Web Site
Audio Broadcast - Web Site
Cancellation of Employee Options - Web Site
Resignation of Joint Company Secretary - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Drills SA Uranium Targets
Diversified mining company, Goldstream Mining NL (ASX:GDM), is pleased to announce the company has recommenced a drilling program targeting uranium in palaeochannels at its Mt Woods tenements south of Coober Pedy.
A rotary mud rig commenced drilling the remaining four palaeochannel uranium holes in the Mt Woods regional tenements this morning. The four holes are outstanding from Goldstream's 2006 uranium drilling program.
On completion of these holes, the rig will drill test waterbores for the hydrological studies that form part of the Cairn Hill feasibility.
Goldstream Managing Director Duncan McBain said the drilling program was initially part of a South Australian Government PACE funded program targeting uranium in palaeochannels, and is now being continued, funded by Goldstream.
"The paleochannel uranium targets have been defined by detailed gravity surveys conducted over the Mt Wood tenements," Mr McBain said.
"This drilling program provides an exciting opportunity for Goldstream shareholders to gain exposure to uranium in a known uranium province."
The current round of drilling will advance the testing of the uranium palaeochannel concept and assist with refining the model for future exploration. - Web Site
Drilling Status Report - Web Site
JV Agreement with Montezuma Mining Company Ltd - Web Site
Half Year Accounts
Results
The results of the Consolidated Entity for the half-year ended 31 Dec 06, after income tax, was profit A$ 912,368. Profit before interest and tax for Group's main operating entity, Nimag (Pty) Ltd was A$3,534,000.
Post period highlights -
Heads of Agreement reached to acquire Kelso Mining Ltd for GBP 10.0 million which allows GVM to acquire 70% of Coal of Africa Ltd (CoAL) which owns the Mooiplaats coal project. Subject to shareholder approval
Further placement of 8,333,333 GVM shares to raise GBP 2.5 million (AU$ 6.25 million). - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Change of Director's Interest Notice - Web Site
Acquires Uranium Option in Niger North Africa - Web Site
Entitlements Issue - Web Site
Half Year Accounts
Trading Halt - Web Site
Half Year Report - Web Site
SUMMIT'S 100% MOUNT ISA URANIUM PROJECT
HIGH GRADE ANDERSONS DRILL RESULTS
Summit Resources Limited's ("Summit") Mount Isa Uranium Project expands with further drill results reported from the 100% owned Andersons deposit near Mount Isa.
Wide zones of high grade uranium mineralisation encountered in drill holes at Andersons include 51 metres at 3.83lb/t (0.16%) uranium oxide ("U3O8") and 7.59lb/t (0.34%) vanadium pentoxide ("V2O5").
Grades up to 9.18lb/t (0.42%) U3O8 and 15.47lb/t (0.70%) V2O5 over metre intervals are reported in Summit's latest drill holes......
High grade uranium vanadium mineralisation outcrops at Andersons and now consistent widths and high grades down to 300 metres depth have been encountered in Summit's drill holes into the mineralised system. The deposit remains open along strike and at depth....- Web Site
The Directors of Tennant Creek Gold would like to draw your attention to the latest media release in the London based Mining Journal, released last week to mark the launch of the Australia's Rising Stars European Roadshow 12 - 15 March 2007. To view the article, visit the Latest News Section of our website. - Web Site
The Directors of Thor Mining would like to draw your attention to the latest media article in the London based Mining Journal, released last week to mark the launch of the Australia's Rising Stars Europe Roadshow (12-15 March). To view the article, visit the Latest News Page of our website. - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Entitlement Issue Closed - Fully Subscribed - Web Site
Conditional Non-Renounceable Rights Issue - Web Site
Arrow signs LOU with leading Indonesian Energy Company MedcoEnergi
Arrow Global CBM Pty Ltd ("AGCBM") and PT Medco E&P Indonesia ("Medco") have signed a Letter of Understanding ("LOU") for broad ranging cooperation in Coal Bed Methane ("CBM") in South Sumatra, Indonesia.
Medco is Indonesia's leading independent Oil and Gas Company with daily production of more than 80,000 barrels of oil equivalent and a market capitalization of more than US$1.2 billion. Medco is also the owner of a number of oil and gas tenements in the South Sumatra Basin in an area that is also highly prospective for CBM. Medco, in conjunction with the government research organization Lemigas, is already conducting a CBM pilot in this area
Under the terms of the LOU:
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B - release from escrow - Web Site
Investor Update - Web Site
Change in substantial holding - Web Site
Completion of Guinea Well - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Half Yearly Financial Report December 2006 - Web Site
RC Drill Program confirms gold mineralisation at Klondyke - Web Site
Grant of additional exploration licences in South Australia - Web Site
Downlands South-1 (PL 119) Spudded - Web Site
STRONG INTERSECTIONS FROM DIAMOND DRILLING
Aerial Survey for Pells Range - Web Site
Exploration Update
INCO
Drilling for Nickel at Roe Hills Oroya Mining Limited's joint venture partner Inco (Australia) Limited Partnership, the Australian exploration arm of CVRD INCO, commenced drilling during February at Oroya's Roe Hills Nickel Project 85 kilometres east of the nickel mining centre of Kambalda.
The current program may involve up to 600 aircore drill holes to varying depths and is expected to be completed by May 2007.
The komatiitic ultramafics being explored at Roe Hills extend over a strike length of 36 kilometres. Previous drilling by Oroya and others intersected nickel sulphides similar to those being mined at Kambalda.
Club Terrace Gold Project
Oroya has completed the first phase of its regional gold exploration fieldwork on the contiguous Club Terrace and Combienbar tenements (E4908 and E4934) in eastern Victoria (now jointly referred to as the Club Terrace Gold Project)......
Dump Leach Gold Project
Trial re-leaching of one of nine cells of the Dump Leach at the Mt Gibson Gold Project in Western Australia has been completed. Oroya has decided not to proceed with the full-scale re-leaching of the Dump.
Mt Piper Gold Project
Oroya has commenced field work on its Mt Piper tenements E4947 and E4948, 75 kilometres due north of Melbourne, Victoria.
Sofala Gold Project
Oroya holds a major tenement position covering about 1600 square kilometres in the historically productive Hill End Trough gold province, between Gulgong and Sofala New South Wales.
An extensive review of past exploration by Oroya's consultants confirms that the region has been under-explored by modern stream sediment or soil sampling exploration techniques for sediment-hosted, fine grained disseminated gold deposits.
Stream sediment sampling will commence following completion of the program at Mt Piper. - Web Site
Dividend Reinvestment Plan - Pricing for Interim Dividend - Web Site
Core Sample Results Update - Web Site
PETSEC ENERGY SPUDS VIOSCA KNOLL 26 # 1 WELL, GULF OF MEXICO, USA
Petsec Energy Ltd (ASX, PSA; ADR's, PSJEY.PK)
Petsec Energy announced today that the Viosca Knoll 26 #1 well was spud late on 9th March 2007, in the Gulf of Mexico, USA.
The well is being drilled from the Mobile Bay 994 lease to test a prospect in the south adjoining Viosca Knoll 26 lease.
Should this well be successful, another well will be drilled from the same location to test a prospect in the Mobile Bay 994 lease, which is located approximately 160 kilometres east of New Orleans and is adjacent and to the south of the three gas discoveries made late last year on the Mobile Bay 950, 951 and 993 leases.
The two well programme will target a total of 3 - 5 Bcfe of gas net to Petsec Energy (after payout). - Web Site
Appendix 3B - Web Site
MAIN PASS 18 GAS FIELD, GULF OF MEXICO
TO COMMENCE PRODUCTION
Petsec Energy Ltd (ASX, PSA; ADR's, PSJEY.PK)
Petsec Energy is pleased to advise that gas production will commence earlier than expected from the Company's Main Pass 18 field in the Gulf of Mexico, USA.
This follows an agreement with Petsec Energy's joint venture partner in the adjacent Main Pass 19 lease, to use the Main Pass 19 gas field platform and facilities to produce the Main Pass 18 G-6 well.
"This agreement provides a timely boost to our 2007 production as we expect to bring the Main Pass 18 field into production within the next few weeks, "Petsec's Chairman, Terry Fern, said today.
Petsec Energy's Main Pass 18 G-6 discovery well was drilled in March 2006 from a caisson next to the Main Pass 19 platform. The well discovered some 7 Bcf of gas net to Petsec Energy. - Web Site
2006 Financial Statements - Web Site
Trading Halt - Web Site
Rio Tinto plc share transaction 8Mar07 - Web Site
2006 Annual report and 2007 AGMs - Web Site
2006 Annual Report & Financial Statements - Web Site
2006 Sustainable development review - Web Site
2006 Annual review - Web Site
Proxy Form - Web Site
Notice of Annual General Meeting - Web Site
Southern Uranium Offer Closes Heavily Oversubscribed - Web Site
Open Briefing - 2006 Results & Operational Update - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
US Operations Update - Web Site
Drilling commences Marenica Uranium Project - Web Site
Change of Director's Interest Notice - Web Site
Change in substantial holding - Web Site
Half Year Accounts - Web Site
Chairmans Letter to Shareholders
This year is shaping up as another very busy one for Stellar Resources, as we continue to drill promising targets on a number of our priority projects. Currently, we are drilling at the Goldfinger zinc project, near Broken Hill, NSW and have two rigs active in Tasmania at the Alpine copper project.
We are also preparing a number of other projects for drill testing, including in the "South Australian copper belt", where we see potential for large new discoveries. Initial drill testing of IOCGU targets on the Cowell JV area is expected to be underway this month.
It is important to remember that our Company has a very significant interest in uranium exploration through our "free carried" position with our two JV partners.
Uranium, Warrior Project
In 2005, Stellar's focus on uranium was increased with the acquisition of the Warrior uranium project. We were especially pleased with this purchase as it complemented our existing uranium ground around Tarcoola, in South Australia - regarded as the uranium friendly state.
In mid 2006, we entered into a JV deal with Toro Energy to assist us, whilst reducing risk, in assessing this known uranium deposit. Toro has been busy collating data - including the EM data that we acquired - and is now preparing to commence drilling. This exploration program is especially beneficial to Stellar as Toro Energy needs to spend in excess of $3m over 4 years to earn its 70% interest.
Uranium, Tarcoola Region
Stellar's participation in the creation of UraniumSA ("USA") was also very advantageous for our Company and we are the largest USA shareholder (holding over 10m shares). Stellar shareholders who bought shares in the float have enjoyed excellent price appreciation. USA is soon to start its field exploration programs, including work on our joint venture properties.
The outlook for the energy sector - particularly uranium, continues to be excellent and we look forward to positive outcomes which can generate real value for our shareholders.
Goldfinger Zinc Project, Broken Hill district
Goldfinger continues to represent a priority project for Stellar. Three drillholes have intersected highly anomalous zinc in the eastern gravity zone and, while ore grades have yet to be encountered, the Goldfinger "discovery" demonstrates the technical importance and value of the FALCON® airborne gravity system in generating high quality targets, far quicker than by conventional means.
In November 2006, a deep penetrating "MIMDAS" IP survey revealed a likely strong development of sulphides at the previously untested western end of the Goldfinger gravity target. Work to date has focused on a relatively small portion of the target near its eastern limit. The IP anomaly, coincident with the western part of the gravity target, now presents as a high priority for drilling, which is currently in progress.
Past drilling, which was mostly to shallow depths, tested only a relatively short length of the overall system. The western portion of the Goldfinger gravity anomaly is virtually untested by deeper holes. The eastern portion also holds targets which require further assessment.
Copper-Gold (IOCG), South Australia
In SA, Stellar holds ground in the highly prospective eastern Gawler Craton area in which the Olympic Dam, Prominent Hill and Carrapateena ("IOCGU") deposits are situated.
Reflecting Stellar's ongoing aim of accessing good exploration acreage, in late 2006 we entered into a JV over IOCGU prospective ground at Cowell on the Eyre Peninsula. We look forward to some interesting exploration results.
Tasmania
The Alpine copper project continues to be a high priority for us; with an active drilling program in this very exciting project on the west coast of Tasmania. Six drill holes in 2006 intersected copper and the last two holes demonstrated that the copper mineralisation is not just confined to the magnetic anomaly. A second rig is on site to expedite drilling around the existing copper hits - including those outside the magnetic anomaly.
Regionally, we are pursuing some interesting tin and nickel exploration targets, with promising drilling programs planned, including on our newly acquired Dundas licence.
The recent resurgence of interest in tin has led Stellar to reassess a number of Tasmanian tin targets for early drill assessment.
Conclusion
Stellar is a dynamic company and we are continually active in the search for prospective ground in which to explore and discover. The Pernatty, Cowell and Dundas acquisitions are all showing promising targets. Pernatty, for example, is favorably located near the 2005 Carapateena copper discovery - and we are working to bring this to drill ready status.
Stellar shareholders are promised much activity, with drilling scheduled for many of our projects, despite continuing tightness in the availability of drill rigs. Our goal of enhancing shareholder wealth through mineral discovery has not changed.
As the market does not seem to be reflecting the value of some of Stellar's assets, the Board is evaluating means of rectifying this situation. For example, the value of Stellar's tin assets seems to be virtually unrecognised by the market, especially when viewed relative to recent successful tin company floats. We will examine scenarios to better realise value of the tin assets for Stellar shareholders.
- Web Site
$3.75m placement to fund Erayinia Exploration - Web Site
Half Year Accounts - Web Site
Appointment of Chief Executive Officer - Web Site
Appendix 3B: Exercise of Options - Web Site
Change in substantial holding from OXR
Appendix 3B & S 708A Notice - Web Site
Burundi Project - Web Site
Trading Halt - Web Site
Non-Executive Director Appointment - Web Site
AMADEUS ENERGY TO FULLY PARTICIPATE IN ARFUELS RIGHTS ISSUE
Amadeus Energy Limited ("Amadeus", "Company" - ASX: AMU) has today announced that it will fully support the $14.8 million rights issue and placement by its 27% associate company Australian Renewable Fuels Limited ("Arfuels" - ASX: ARW).
Arfuels, an Australian biodiesel group with production facilities in Largs Bay SA and Picton WA, announced today the capital raising of $14.8 million, by way of a placement and subsequent rights issue. The funds will be used for infrastructure development associated with the Company's two production facilities, for general working capital and to retire debt.
Arfuels also today announced that it had achieved the production and sales targets necessary for it to qualify for the remaining $5.4 million of a Federal Government Biofuels Capital Grant. Amadeus believes this is a key achievement for the group.
Amadeus will take up its full entitlement in the rights issue. Participation in the rights issue will be by conversion of existing debt to equity. Amadeus was the founding investor in Arfuels prior to the initial IPO and now holds 27.6% of the ordinary shares of Arfuels as well as debt which will now be converted....... - Web Site
Trading Halt - Web Site
Half Year Accounts
Mobile Phone Production Update - Web Site
VPE ann:Jingemia-11 Oil Development Well Drilling Report L14 - Web Site
Half Year Accounts - Web Site
Trading Halt - Web Site
ARX: Completes placement of $5.16 million - Web Site
Prospectus Mailout & Letter to Shareholders - Web Site
Change of Director's Interest Notice x 3 - Web Site
Managing Directors Company Presentation - March 07 - Web Site
KIM's ann: Sale of Shares in Blina Diamonds & Form 604 - Web Site
MTH: Formulates JV on Indiana Project Nthn Territory - Web Site
Additional Uranium Property acquired in the USA - Web Site
Change of Director's Interest Notice - Web Site
Changes to Exercise Price of Cazaly Options - Web Site
Half Year Accounts - Web Site
End December 2006 Half Yearly Financial Results - Web Site
STX ann: Weekly Operations Update - Web Site
Company Presentation to Brokers - Web Site
Annual Report 2006 - Web Site
CENTRAL'S LONG TERM GAS-TO-LIQUIDS STRATEGY AFFIRMED BY PRE-FEASIBILITY STUDY ON COAL BED METHANE GAS IN CENTRAL AUSTRALIA
Central Petroleum Limited (Central), Australia's largest net onshore acreage holder with interests in oil, gas, helium and coal bed methane (CBM) prospects, has completed a comprehensive pre-feasibility study and an independent geological report on the use of CBM as a feedstock for the company's proposed Gas-to-Liquids (GTL) plant at Alice Springs in the Northern Territory.
The two reports, recently completed by Holt Campbell and Payton Pty Ltd and Mulready Consulting Services, including contributions by Jake DeBoer who prepared Arrow Energy's latest GTL feasibility study, affirm Central's proposal to build a GTL plant to produce zero Sulphur diesel, jet fuel and naphtha in Alice Springs.
The reports found that the possible original gas in place (OGIP) from CBM resources in Central's wholly-owned Pedirka basin permits, EPA 130, 131, EP 93 and PELA 77, ranges up to 67 TCFG Ttrillions of Cubic Feet). Recoverable Prospective Resources lie between a low estimate of 25 TCFG of CBM gas and a high case of up to 50 TCFG, based on a "cutoff" depth of 1250 metres.
These Prospective Resource estimates compare favourably with world-scale gas fields. For example, the major producing gas fields in Australia's North West Shelf - North Rankin, Goodwyn, Perseus and Angel - have an estimated OGIP of 30 TCFG..........
Based on a high case of 50 TCFG of CBM OGIP, Central's planned GTL plant could potentially produce close to 6 billion barrels of ultra-clean premium petroleum products, according to Holt Campbell and Payton.....- Web Site
Expands Uranium Prospects at Minnie Creek - Web Site
Cyclone George Turner River Update - Web Site
Entitlements Issue Prospectus & Appendix 3B - Web Site
Tintaburra - Weekly Drilling Report - Web Site
Becoming a substantial holder - Web Site
Non-Renounceable Pro Rata Issue Closed - Web Site
Notification of Share Purchase Plan closing date - Web Site
Half Year Accounts - Web Site
Appendix 3B - Web Site
Letter to Preference Shareholders - Web Site
Letter to Optionholders - Web Site
Disclosure Document - Web Site
Appendix 3B - Web Site
Impact of Cyclone George on WKPP Karratha LNG Plant - Web Site
Appendix 3B - Web Site
News Release: Eromanga Discovers Large Channel System - Web Site
Appendix 3B - Web Site
Half Yearly Report - Web Site
Results of General Meeting - Web Site
Appendix 3B
Media Release: Cyclone George - Web Site
Change of Director's Interest Notice - Web Site
Appendix 3B - Web Site
Award of Offshore Gippsland Permit T 46P - Web Site
Commences Mining in Malaysia - Web Site
Notice of General Meeting - Web Site
Interim Financial Report - Half Year Ended 31December 2006 - Web Site
Initial Director's Interest Notice - Web Site
Placement Completed - Web Site
Appendix 3B - Web Site
Excellent results from Reward & Red Hill - Web Site
Forestry Approval Update - Web Site
Exploration Update March 2007 Newsletter - Web Site
Announces Planned Board & Executive Changes
Suspension from Official Quotation - Web Site
Preliminary Final Report - Web Site
Half Yearly Report - Web Site
INL's ann: Discussions Between JRV & INL, and Form 604 - Web Site
Acquisition Completion/Appendix 3B and Section 708A Notice - Web Site
Response to ASX Share Price Query - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice - Web Site
Media Release - Web Site
Half Year Accounts - Web Site
Appointment of Company Secretary - Web Site
Indian Feedstock Deal to lock in margin for Mission Biofuels - Web Site
Appendix 3B - Web Site
Half Year Accounts - Web Site
Response to ASX Share Price Query - Web Site
Investor Presentation March 2007 - Web Site
Despatch of Prospectus - Web Site
Appendix 3B: Exercise of Options - Web Site
Resources Inventory Update - Web Site
Marathon Board Response to Buttermeres Intended Proposal - Web Site
Appendix 3B - Web Site
Change of Director's Interest Notice x6 - Web Site
Evolves from Contract Manager to Operator - Web Site
Sojitz Corporation Joins NEC in Yamala Coal JV - Web Site
Change of Director's Interest Notice - Web Site
Puffin South West Oil Resources - Web Site
Half Yearly Report - Web Site
Appointment of Company Secretary - Web Site
Section 708(A) Notice - Web Site
Appendix 3B - Web Site
Extension of Takeover Offer Period - Web Site
Directors Encourage Shareholders to Accept Eskdale's Offer - Web Site
Appendix 3B - Web Site
Appendix 3B - Exercise of Options - Web Site
Grants under long term incentive plan - Web Site
Awarded Permit Offshore Namibia - Web Site
Tragic Light Aircraft Accident in Malawi - Web Site
Options Rights Issue Short Form Prospectus
For a non-renounceable entitlements issue of approximately 21,975,001 Options on the basis of 1 Option for every 2 Shares held by Shareholders as at 7.00pm (EST) 28th of March 2007 at an issue price of 1 cent per Option to raise up to $219,750.....- Web Site
Half Year Accounts - 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 - Web Site
Change of Director's Interest Notice - Web Site
Executive Director Appointment - Web Site
Appendix 3B - Web Site
Initial Director's Interest Notice - Web Site
Half Year Accounts
Review of Operations - SUMMARY
During the six months to 31 December 2006, the Company made substantial progress in the development of its flagship Paralana Geothermal Energy Project. This included the successful Phase-2 drilling of 1807 metres and confirmation of expectation of commercial temperatures of around 200oC at a target depth of 3600 metres.
Concurrently the Company critically examined the economics of the project, identifying a clear and comprehensive path to commercialization from small to very large scale generation development. A key component of that commercialization path was achieved with the Memorandum of Understanding for the supply of electricity to Heathgate Resources' Beverley Uranium Mine.
Joint Venture discussions and negotiations for the Paralana Project were undertaken during the period and a $30 million deal was struck with Beach Petroleum Limited at the end of January 2007.
The Company continued to examine new opportunities to expand its portfolio of projects through the judicious application of its exploration model both in Australia and overseas. This resulted in the Federal Government endorsed project in China to assess several geothermal energy prospects and the securing of tenements in Spain announced after the reporting period.
Post the reporting period, the Company also announced a $5 million Federal Government grant to commercialize its HEWI model at the Paralana Project...... - Web Site
Becoming a substantial holder - Web Site
Notice of General Meeting & Explanatory Memorandum - Web Site
Amended Change of Director's Interest Notice - Web Site
Half Yearly Report & Half Year Accounts - Web Site
Escrow Cancellation - Web Site
Rio Tinto plc share transaction 7Mar07 - Web Site
Indee Operations - Update - Web Site
Auction of Forfeited Partly Paid Shares - Web Site
Pricing of Global Offering - 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
Chairman's Address to Shareholders - 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
Sebuku coal mine expansion - 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
Appendix 3B - Web Site
Disclosure Document - Web Site
Trading Halt - Web Site
Share Purchase Plan - Changes to Indicative Timetable - Web Site
Half Yearly Report - Web Site
Half Year Accounts - 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 2396 metres. - Web Site
Appendix 3B - Web Site
Wesfarmers Assistant Company Secretary Retires - Web Site
Zinifex and Wolfden agree to extend exclusivity agreement - Web Site
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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 | |||
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