 |
Company News
|
|
Company News
|
![[Visit The Gold Coast]](GoldCoastHeading.jpg)
![[plc Options]](PLCoptionsBanner.jpg)
|
Friday 23 May 2008 (Close of Business - New York)
|
||||||||||||
| All Ords | 5866.2 | -53.8 | Dow Jones | 12,479.63 | -145.99 | |||||||
| ASX100 | 4663.8 | -47.1 | S&P 500 | 1375.93 | -18.42 | |||||||
| ASX200 | 5768.0 | -58.9 | Nasdaq | 2444.67 | -19.91 | |||||||
| ASX300 | 5775.4 | -57.7 | NYSE Volume ('000) | 3,516,585 | ||||||||
| Materials (Sector) | 16,859.4 | -131.7 | US 10-Year Bond | 3.831% | -0.090 | |||||||
| All Ords Gold (Sub Industry) | 6024.7 | -125.6 | Gold - spot/oz | US$924.20 | +3.80 | |||||||
| Metals & Mining (Industry) | 5970.6 | -40.7 | Silver - spot/oz | US$18.19 | +0.23 | |||||||
| Energy (Sector) | 19,293.9 | -528.6 | Platinum - spot | US$2170.00 | +6.00 | |||||||
| Shanghai Composite | 3473.1 | -12.5 | Palladium - spot | US$455.00 | unch | |||||||
| Hang Seng | 24,714.1 | -329.1 | Uranium - spot US$/lb | US60.00 | unch | |||||||
| India BSE 30 | 16,649.6 | -257.5 | Reuters-CRB Index (CCI) | 550.91 | +2.06 | |||||||
| Jakarta Composite | 2466.0 | -38.0 | Light Crude (NYM - $US per bbl.) | US$132.19 | +1.38 | |||||||
| Nikkei | 14,012.2 | +33.7 | Natural Gas (NYM - $US/mmbtu) | US$11.98 | +0.15 | |||||||
| Taiwan Weighted | 8834.7 | -173.3 | Copper (LME - spot $US/tonne) | 8246 | -160 | |||||||
| FTSE 100 | 6087.3 | -94.3 | Lead (LME - spot $US/tonne) | 1995 | -77 | |||||||
| German DAX | 6944.1 | -126.3 | Zinc (LME - spot $US/tonne) | 2121 | -21 | |||||||
| A$ = US96.00 | +0.43 | Nickel (LME - spot $US/tonne) | 23,820 | -95 | ||||||||
| A$ = 99.17yen | -0.34 | Aluminium (LME - spot $US/tonne) | 2961 | -16 | ||||||||
| A$ = 0.609Euro | +0.001 | Tin (LME - spot $US/tonne) | 23,570 | -400 | ||||||||
| A$ = 0.485GBP | +0.002 | Sydney Futures Exchange - SPI | 5720 | -65 | ||||||||
| Click on Links to Access Charts | ||||||||||||
|
||||||||||||
|
||||||||||||
Phone: 07-55316191 or Email : sales@reflections.com.au
![[This space is available for Sponsorship]](../../SponsorshipBanner.jpg)
Wall Street ended a week of big losses with more selling Friday as rising oil prices again raised worries that strained consumers will cut back spending and hurt the overall economy. The Dow Jones industrials fell nearly 150 points in the final session before the three-day Memorial Day holiday weekend.
Declining issues outnumbered advancers by about 7 to 3 on the New York Stock Exchange, where consolidated volume came to 3.43 billion shares compared with 3.85 billion shares traded Thursday.
For the week, the Dow lost 3.91 percent, suffering its worst week since February, while the S&P 500 gave up 3.47 percent and the Nasdaq fell 3.33 percent.
Light, sweet crude rose $1.38 to settle at $132.19 per barrel on the New York Mercantile Exchange. Oil saw its third weekly gain after surging to a record $135.09 a barrel on Thursday. Some investors are buying on the belief that global demand from countries like China and India will outstrip supply.
On the LME copper prices eked out modest gains on Friday, underpinned by a stronger demand outlook and concerns over longer term supplies, while nickel recovered from a two-year low.
Aluminium held firm on the back of historically high energy prices, despite bearish near term fundamentals -- namely plentiful stocks of the metal used in packaging, transportation and power.
Gold rose, capping the third straight weekly gain, as surging energy costs boosted demand for a hedge against inflation. Silver also climbed.
FINAL TERMS OF THE RIGHTS OFFER AND WITHDRAWAL OF CAUTIONARY - Web Site
AII: Abra Earns 51% Interest in the Jillawarra Project - Web Site
Appendix 3B - Conversion of 300,000 listed Options - Web Site
230508 Boardroom Radio Interview John Heugh MD - Web Site
230508 Rolling Bond Issue-fifth - Web Site
Change in substantial holding - Web Site
Progress Report - Web Site
ASX Circular: Merger with HAW by Scheme of Arrangement - Web Site
HAW: SCHEME - ELLENDALE COURT APPROVAL - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Tennant Creek Drilling Update/Investor Presentation Update
Monthly Construction Report - April 2008 - Web Site
Ceasing to be a substantial holder from ANZ - Web Site
Extension of Offer Period - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3Z - Andrew Berry - Web Site
Appendix 3Z - Robert Bryan - Web Site
Purchase of Long Lead Equipment - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Investor Presentation - Web Site
Company Secretary Appointment/Resignation - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
Entitlement Issue Closed - Web Site
LIO Drilling Update Nief Utara - Web Site
Notice of General Meeting/Proxy Form - Web Site
Response to ASX Query - Web Site
Appendix 3B New Issue Announcement - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B Issue of Shares on Option Exercise - Web Site
Appendix 3B - Web Site
New £6 million research centre to create the mine of the future
Advanced mining and mineral processing techniques to extract minerals from deep within the Earth will be developed thanks to the establishment of a new
£6 million research centre, announced today.
The centre is a partnership between Rio Tinto and Imperial College London, aimed at developing the mine of the future. It will push forward the development of innovative mining technologies and techniques to improve the extraction of minerals, whilst minimising environmental impacts.
Minerals used to produce valuable metals such as copper, used in electrical wiring, or nickel, used to make stainless steel, are becoming increasingly hard to find and recover using traditional mining methods. Because of this extracting these minerals efficiently from deeper underground is becoming an important focus for mining research.
The Rio Tinto Centre for Advanced Mineral Recovery will develop a range of new mining technologies that use less energy to mine more minerals from hard to reach places deep underground.
Scientists will be developing more efficient techniques for block caving. This exploits the natural fractures in rocks so that they break under gravity rather than by using explosives, making the mining process cheaper and safer.
Research will be undertaken to develop a deeper understanding behind the fundamental science of rock fracturing so that mines can be developed and operated with increased confidence.
Researchers will also design new sensing technology for use in block caving to measure the underground area containing minerals and the size and shape of these deposits, which would increase the efficiency of this mining process.
New ways of mining minerals which use acids to dissolve metals in rocks below the Earth’s surface will also be explored. These dissolved metals could then be pumped above ground and extracted from the acids.
Researchers believe this method would use less energy and remove the need to disturb land in open cut mines. It would also allow for minerals to be extracted from harder to reach places making it safer for miners who would not need to venture deep below the surface to carry out the extraction process.
Scientists will also work on improvements to current froth flotation technology which is a process for separating the valuable minerals from waste rock. This process uses bubbles to pick up the fine mineral particles, which separates them from the rock and lifts them into a foaming froth on the tank’s surface for collection........ - Web Site
Appointment of Company Secretary - Web Site
Appointment of Company Secretary - Web Site
Audio Broadcast - Web Site
Appendix 3B - Web Site
Marley-2 Exploration Well
Location
The Marley-2 exploration well is located in permit TL/5, part of the Harriet Joint Venture, at a surface location of latitude 20°25'24.00"S and longitude 115°41'25.01"E within the Barrow sub-basin. It is approximately 3.5 kilometres west-southwest of the existing Campbell Platform and 143 metres north of Marley-1. Water depth is 43 metres.
Progress
Marley-2 was spudded at 06.30hrs on Tuesday 22nd April. Well is currently at 2,980 mTVD. The 13 3/8" casing has been landed at 2974 m and will be cemented as per programme. Drilling will continue to the programmed total well depth of approximately 4,100 mTVD.
Tap Comment
Marley-2 is a vertical exploration well designed to test the Jurassic sandstones that were not reached by the Marley-1 well, drilled December 2005 / January 2006. Drilling is estimated to take approximately 16 days to reach the expected total depth of 4,100 metres subsea.
Marley-2 is adjacent to existing joint venture infrastructure and is a high impact well, with the potential to more than double Tap's reserves.- Web Site
Appendix 3Y Change of Directors Interest Notice - Web Site
Results of Meeting - Web Site
Appendix 3Y Directors interest X 3 - Web Site
Appendix 3B - Web Site
Successful Completion of Wesfarmers` Entitlement Offer - Web Site
WGP Change of Company Secretary - Web Site
ENTITLEMENT ISSUE PROSPECTUS
For a pro rata non-renounceable entitlement issue of one (1) new Share for every one (1) Share held by Shareholders at an issue price of 8 cents per Share together with one (1) attaching Option for every one (1) Share issued exercisable at 20 cents each on or before 30 December 2009 to raise approximately $2,500,000 (before costs of the issue) (Entitlement Issue). - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder from MQG - Web Site
Change in substantial holding - Web Site
Results of Shareholder Meeting 23 May 2008 - Web Site
MAH: Takeover Offer for Ausdrill Analyst Present`n May 2008 - Web Site
Letter from Chairman re T/O by MAH - Web Site
Top 20 Option Holders - Web Site
Option Holders Distribution Schedule - Web Site
Split Rock Copper Deposit Amended - Web Site
Gravity Survey to Define Iron Ore Targets at Telyagel - Web Site
Gullewa Sale Update - Web Site
Exploration Update Dempster and Kanandah Projects - Web Site
Wisteria 1 - AC/P 32, Timor Sea - Web Site
Appendix 3B - Web Site
220508 Non-renounceable rights issue
On 6 May 2008, Central Petroleum Limited ("Company") announced a pro-rata a nonrenounceable rights issue to shareholders. The pro-rata is on the basis of one (1) Share for every five (5) Shares held at the Record Date of 16 May 2008 at a price of 15 cents each ("Rights Issue")....... - Web Site
Appendix 3X - Initial Director`s Interest Notice - Web Site
Weekly Drilling Report Cobra -1A 23rd May 2008
Oil Search, the operator for PPL190, reports as at 0600 on 22nd May 2008 that:
"The Cobra -1A well was at a depth of 2,126 metres and preparing to drill ahead in an 8½" hole. Progress for the week was 45m.
Cobra -1A is located in PPL 190 and lies 13 kilometres east of the SE Gobe oil field and 7 kilometres east of the Bilip oil discovery. The well is targeting the Iagifu Sandstone, which is the principal reservoir in the Gobe and SE Gobe fields, in a seismically-defined sub-thrust prospect. Cobra -1A is the first in PNG to target a sub-thrust play as the primary target.
The planned total depth of the well is 3,100 metres." - Web Site
Company Request for Trading Halt - Web Site
AMEC Congress Presentation - Web Site
Appendix 3B - Web Site
Research Report on Golden Gate Petroleum - Web Site
Corrected Company Presentation - amended - Web Site
Corrected Company Presentation - Web Site
Appendix 3B - Web Site
Company Update - Drilling Rig and Funding - Web Site
Change in substantial holding - Web Site
Presentation to AMEC National Mining Congress - Web Site
Change in substantial holding - Web Site
Target`s Statement - Web Site
Ceasing to be a substantial holder - Web Site
Midas Resources Closes Rights Issue - Web Site
Garfish 1 exploration well to commence drilling - Web Site
OceanaGold Canadian filing - Report of Voting Results - Web Site
Appendix 3B Options - Web Site
Change of Director`s Interest Notice - Web Site
Irvine Island - final approval received - Web Site
OFF-MARKET SHARE BUY-BACK
Portman today announced an off-market tender buy-back of up to 16.5 million shares, or 9.39% of its outstanding shares, to be completed in early July 2008. The ultimate size of the buy-back will be dependent on shareholder demand and prevailing market conditions, subject to a maximum of 9.39% of Portman's outstanding shares.
The buy-back is part of Portman's capital management strategy to return surplus cash reserves to its shareholders and is expected to enhance earnings per share. The Board considered various other ways to return surplus capital to Shareholders, including on-market buy-backs, special dividends and pro-rata capital reductions. After considering the alternatives, the Board concluded that an off-market buy-back conducted by way of tender (and that includes franking credits) offers advantages which are not available at this time from other methods of returning capital..... - Web Site
Cockatoo Island Phase 3 Feasibility Study Update
The Portman Board today reviewed an update of the Cockatoo Island Phase 3 Feasibility Study and concluded that it is advancing in a very positive fashion. Aspects include:
Change of Name to PanAust Limited - Web Site
Results of Meeting - Web Site
CTP: 230508 Hector Trend 2,000 MMbbls UOIIP Pedirka Basin - Web Site
Mr. Barry Adams Appointed as Chairman - Web Site
Issue of Share Options - Web Site
Sunshine Lead Zinc Silver Resource Estimate - Web Site
Board Re - Structure - Web Site
UOG: Purchases 19.77% of Terrain Minerals Ltd - Web Site
Greg Hall presentation to AMEC Mining Congress - Web Site
Additional Drilling Results Two Mile Hill Prospect - Web Site
May 23, 2008 Broadened Algerian Operations - Web Site
Response to ASX Query - Web Site
Placement - Web Site
Change of Director`s Interest Notice - Web Site
Aquila to Demerge Exploration Assets
Highlights:
Exploration Drilling Update - Web Site
Drilling commences at Kempfield - Web Site
Appendix 3B - Web Site
Split Rock Copper Prospect - Web Site
AWE Maritime New Zealand Prosecution - Web Site
HIGH RESOLUTION SURVEY PLANNED FOR WEST ROXBY PROJECT - Web Site
Appointment of New Managing Director from 1 July 2008 - Web Site
PROJECTS UPDATE
Project: Oyster Creek
Prospect: Harrison
Well: Harrison-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 75% Working Interest
The pipeline has been run, connected, tested and buried between Harrison-2 and Harrison-1. The bottom most gas sand in Harrison-2 was perforated over a five foot interval. After a few hours of initial cleanup the well was turned over to sales.
The current production rate is approximately 400 bbls of oil/day and 550 Mcf/d gas with only traces of water. The well is currently flowing through a very small choke (8/64") which has been plugging periodically during clean up. It will take several days for the production to stabilise.
Project: West Wharton
Prospect: Stewart
Well: Stewart-1
Wharton County, Texas, CICO Oil and Gas Operator, Antares 26.25% Working Interest
The Orion rig spudded the Stewart-1well on 9 May 2008. The current depth is 7,040 feet and 9 5/8" intermediate casing has been run and cemented to a depth of 7,030 feet. Drilling to the main objective will commence after a leak off test is conducted to verify the cement job and casing shoe integrity. Target depth for the well is 11,900 feet.
Strong gas shows were encountered in a shallow horizon during drilling which have been confirmed by the wireline logs to be a 10 foot gross gas sand. This sand was not expected and is not related to the main Cook Mt. target. Further work is needed to access the extent of this accumulation. - Web Site
Change of Director`s Interest Notice - Web Site
Initial Director`s Interest Notice - Web Site
Press release - Drilling extends Lode 4 Copper Mineralisatio - Web Site
Trading Halt - Web Site
Appendix 3B - Conversion of listed options - Web Site
Appendix 3B - Exercise of Options - Web Site
Drilling Report No. 14 East Wing-1 Well at 0600 hours - PEP 168 Otway Basin Victoria
Essential Petroleum Resources Limited (ASX: EPR) advises that the East Wing-1 sidetrack operation is drilling ahead at a depth of 1774 mKB.
The zone of elevated gas readings encountered in the original hole is expected to be intersected at a depth of approximately 2185 mKB. The estimated recoverable gas resource for East Wing-1 well is in the range 5 to 9 BCF.
Essential Petroleum is targeting the onshore extension of the highly productive Pecten High trend, which has offshore discoveries containing more than 400 bcf of gas recovered in the Waarre Formation in the Casino, Henry and Halladale gas fields.
Essential Petroleum owns 100% of the PEP 168 permit. - Web Site
Investor Briefing Update Confirmation of Iron Ore Target - Web Site
Appendix 3B - Web Site
Maiden JORC Resource - Tubal Cain - Web Site
Airborne Survey - McKeddies - Web Site
CAP Correction: Ann. should be for GPM not GPN - Web Site
Change in substantial holding - Web Site
Crocus South 1 Drilling Report 22 May 2008 - Web Site
Crocus South 1 Final Drilling Report 23 May 2008 - Web Site
Section 708A Notice Unlisted Options Exercised - Web Site
Eight new exploration licences in Turkey - Web Site
Mt Lucy Prospect Deposit Paid - Web Site
Change of Director`s Interest Notice - Web Site
San Anton Regional Exploration Update - Web Site
Trading Halt, Rights Issue and Extraordinary General Meeting - Web Site
Substantial Coal Seam Gas Potential Indicated - Web Site
Becoming and change of substantial holder notices - Web Site
Presentation to CSM-CMM Conference - Web Site
Change of Director`s Interest Notice - Web Site
Notice under Section 708A - Web Site
Change in substantial holding - Web Site
3.7 Kilometres of Copper Mineralisation
Detailed mapping and sampling has been continuing at Prairie Downs Metal's namesake project. Results indicate that copper mineralisation is continuous in a similar geological setting from Costean Seven to the Main Lode zinc resource. This is a total strike length of 3.7 kilometres of copper mineralisation which commences at surface and remains open to both the northwest and southeast.
Only 3.7 kilometres of the total 17 kilometre potential strike length has been mapped to date. Indications are that further mineralisation will be discovered as the exploratory mapping process continues. The next stage is to map a section of the rift four kilometres northwest of Costean Seven.
Rock chip samples taken from eight separate areas between Kerrs Find and the Main Lode were analysed using a Niton XL3T handheld XRF machine ("Niton") have returned grades of up to 20.5% copper. High lead results have also been discovered close to the rift as the Company's understanding of the geology would predict. All of the new discoveries are shown on the attached plan.
Laboratory assay results of rock chip samples from the previously announced Costean Seven discovery have now been received. Samples were assayed to confirm the Niton results. The laboratory assay results show that the Company's Niton sampling has been conservative, with both seven metre zones from Costean Seven being under called. - Web Site
Trading Halt - Web Site
Presentation by the Managing Director to the AGM 2008 - Web Site
First Phu Kham Concentrate Arrives at Port - Web Site
NZO: Tui Charges - Web Site
Spin Off Of Kyrgyz Assets - Web Site
The best new multi-million ounce gold stock
BGF Capital Group has released an independent research report on Perseus Mining describing the Perth-based Company as 'the best new multi-million ounce gold stock.'
The report, written by BGF Director Warwick Grigor, includes the following statements;
"The recent drill results and resource announcements have not only justified our belief in the Company, but they have far exceeded our expectations."
"This is the best looking stock we have seen since Bolnisi Gold was below 50 cents."
"PRU's Ayanfuri gold project in Ghana is rapidly emerging as the most significant gold discovery by an Australian company, over the past three years."
"You can be certain that there will be a number of companies lining PRU for a takeover."
"It appears that the cut-off grade employed is a function of economics rather than a geological limitation. This means that as the gold price rises mining can extend the boundaries of the ore body and the resource expands, keeping profit margins constant but expanding the potential cash flow." - Web Site
Change of Director`s Interest Notice - Web Site
SGY: Update on the Nesbitt 5 Well at Silverthread - Web Site
Appendix 3B - exercise of options - Web Site
Tasmania Coal Acquisition - Web Site
Exploration Update - Web Site
Becoming a substantial holder - Web Site
ADR Trading - Web Site
Appendix 3Y - Denis Waddell - Web Site
Company Request for Trading Halt - Web Site
Director Appointments / Resignations - Web Site
Appendix 3B - Web Site
New iron or projects in Pilbara - Web Site
Retail Entitlement Bookbuild Update - Web Site
Issue of Shares - Web Site
|
Thursday 22 May 2008 (Close of Business - New York)
|
||||||||
| All Ords | 5920.0 | +3.6 | Dow Jones | 12,625.62 | +24.43 | |||
| ASX100 | 4710.9 | +1.9 | S&P 500 | 1394.35 | +3.64 | |||
| ASX200 | 5826.9 | +3.5 | Nasdaq | 2464.58 | +16.31 | |||
| ASX300 | 5833.1 | +2.5 | NYSE Volume ('000) | 3,955,965 | ||||
| Materials (Sector) | 16,991.1 | +214.7 | US 10-Year Bond | 3.921% | +0.099 | |||
| All Ords Gold (Sub Industry) | 6150.3 | +78.6 | Gold - spot/oz | US$920.40 | -11.40 | |||
| Metals & Mining (Industry) | 6011.3 | +84.9 | Silver - spot/oz | US$17.96 | -0.02 | |||
| Energy (Sector) | 19,822.5 | +425.1 | Platinum - spot | US$2164.00 | -37.00 | |||
| Shanghai Composite | 3485.6 | -58.6 | Palladium - spot | US$455.00 | -5.00 | |||
| Hang Seng | 25,043.1 | -417.2 | Uranium - spot US$/lb | US60.00 | unch | |||
| India BSE 30 | 16,907.1 | -336.1 | Reuters-CRB Index (CCI) | 548.85 | -6.85 | |||
| Jakarta Composite | 2504.0 | +9.2 | Light Crude (NYM - $US per bbl.) | US$130.81 | -2.36 | |||
| Nikkei | 13,978.5 | +52.2 | Natural Gas (NYM - $US/mmbtu) | US$11.83 | +0.05 | |||
| Taiwan Weighted | 9008.0 | -7.5 | Copper (LME - spot $US/tonne) | 8406 | +45 | |||
| FTSE 100 | 6181.6 | -16.5 | Lead (LME - spot $US/tonne) | 2072 | -44 | |||
| German DAX | 7070.3 | +29.5 | Zinc (LME - spot $US/tonne) | 2142 | -49 | |||
| A$ = US95.57 | -0.66 | Nickel (LME - spot $US/tonne) | 23,915 | -1,565 | ||||
| A$ = 99.51yen | +0.35 | Aluminium (LME - spot $US/tonne) | 2977 | -1 | ||||
| A$ = 0.608Euro | -0.001 | Tin (LME - spot $US/tonne) | 23,970 | -505 | ||||
| A$ = 0.483GBP | -0.005 | Sydney Futures Exchange - SPI | 5849 | -12 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street steadied itself Thursday after two sessions of steep declines, rebounding moderately as the oil price eased back from its upward spiral.
Advancing issues outnumbered decliners by about 9 to 7 on the New York Stock Exchange. Consolidated volume amounted to 3.85 billion shares, down from 4.41 billion shares on Wednesday.
Crude oil fell more than $2 a barrel on signs that a 15 percent increase in prices this month isn't justified by stockpiles and demand. Consumption in the US averaged 20.3 million barrels a day in the past four weeks, down 1.3 percent from a year earlier, the Energy Department said yesterday.
Copper rose in early trade on the LME, erasing some of yesterday's losses, as buyers fretted over tightening stockpiles and as Chinese imports for April edged up from the previous month.
Gold fell from a one-month high as the US dollar rebounded against the euro and crude oil dropped from a record, eroding the appeal of the precious metal as a hedge against inflation. Silver also declined.
Appendix 3B - Web Site
Forfeiture of options - Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
Freshwater Point 1 Expl Well Weekly Drilling Report
Progress and status: Freshwater Point 1 commenced drilling on 11 May 2008 using the Ensign 48 drilling rig. 311 millimetre (12¼ inch) hole was drilled to 414 metres measured depth. 245 millimetre (9⅝ inch) surface casing was set at 412 metres measured depth. Surface casing operations were completed and drillling resumed on 21 May.
At 06:00 hours WST today, the activity was drilling ahead in 216 millimetre (8½ inch) hole at 1,158 metres measured depth in the Kockatea Shale.
Progress since the 15 May report has been 744 metres.- Web Site
Freshwater Point 1 Exploration Well Weekly Drilling Report - Web Site
NWE: Freshwater Point 1 Exploration Well Update - Web Site
Release of Securities from Escrow - Web Site
Commission of GRD Minproc for Bankable Feasibility Study - Web Site
Appendix 3B - Exercise of Options - Web Site
Drilling Results - May 2008 - Web Site
Weekly Drilling Report
Overview
May is proving to be a very successful month for Beach Petroleum, on several fronts. The Cooper/Eromanga oil program has been successful at both Bodalla South-19 and Bodalla South-20 (Beach 100% interest in both wells) and in Santos-operated wells Cook-14 (Beach 20%) and Bindah-2 (Beach 20.21%).
Earlier in the month, Basker-6 ST1 (offshore Gippsland Basin, Beach 30%) flowed three separate reservoir intervals at oil rates between 3980-4800 bopd. It is expected that Basker-6ST1 will be placed on production in July and add significantly to the field's overall oil production rate.
Beach Petroleum is also benefiting from growth of the Coal Seam Gas (CSG) sector in southern Queensland. Beach holds a 40 percent interest in the Tipton West CSG project in PL 198 (ATP 683P), which is currently producing at about 20 TJ/day. The current drilling program is expanding production by stepping outward and by appraising the deeper Taroom Coal interval. Results to date indicate that similar developments to that of Tipton West will be possible in other regions of ATP 683P.
Further afield, Beach is becoming increasingly active outside of the Company's traditional areas of interest. Earlier this month, Beach announced that it has been granted exclusive rights to negotiate with the Tanzanian Government to explore on the southern half of Lake Tanganyika, which forms part of the East African Rift System. This Block covers approximately 5,400 square kilometres of the lake and its margins in western Tanzania.
Encouragement is provided by recent drilling in the Ugandan portion of the East African Rift (Albertine Graben), where several significant discoveries have been proven within a similar geological setting.
Weekly Drilling Report
The weekly drilling report for the week ending 21 May 2008 is attached. A map showing the location of the wells referred to is also attached. Highlights of the week's activities include:
Cooper/Eromanga Oil
BEACH PETROLEUM ACQUIRES INTEREST IN GULF OF SUEZ CONCESSION
Beach Petroleum reports that it has entered into an agreement with Santos Egypt Pty Ltd under which, subject to waiver of pre-emptive rights by the Egyptian General Petroleum Corporation and the approval of the Government of the Arab Republic of Egypt, Beach will acquire, via a farmin arrangement, a 20% interest in the South East July concession, in the Gulf of Suez, offshore Egypt.
The South East July concession is currently held 100% by Santos and contains several attractive oil prospects, one of which will be evaluated by the July South-1 exploration well in the fourth quarter of 2008.
Beach has also agreed to acquire Santos Egypt's 25% interest in the onshore North Qarun concession, located close to Cairo in the Gindi Basin of the Western Desert. The agreement is subject to entry into formal documentation, waiver of pre-emptive rights by the Egyptian General Petroleum Corporation and other joint venture parties, and the approval of the Government of the Arab Republic of Egypt.
The acquisition of these concessions is a result of Beach's efforts to expand its exploration program internationally to give the company exposure to projects which have the potential to make material additions to its reserve base. This work has resulted in the identification of several opportunities in Egypt (in addition to South East July and North Qarun) which are currently under evaluation. - Web Site
Ceasing to be a substantial holder - Web Site
Change in substantial holding - Web Site
$2.5m Placement Fully Subscribed - Web Site
Appendix 3B - Web Site
220508 Rolling Bond Conversion 4 and Appendix 3B - Web Site
HAW: Appendix 3B - SCHEME SHARES - Web Site
Settlement with Oxus Gold Plc - Web Site
Resource Estimate for Mulle Field - Web Site
Appendix 3B - Web Site
Notices of Changes of Interests of Substantial Holders (4) - Web Site
Notices of Changes of Interests of Substantial Holders (5) - Web Site
Amended 3B - Web Site
Results of Meeting - Web Site
GRD Ltd AGM 2008 - CEO Presentation - Web Site
AMEC National Mining Congress Presentation - Web Site
Test-work confirms Beneficiation for Yerilla Project
Appendix 3Y - Web Site
WGR: Rights Issue - Allotment of Securities - Web Site
Freshwater Point 1 Exploration Well Update - Web Site
PNG LNG PROJECT PARTICIPANTS SIGN GAS AGREEMENT AND ENTER FRONT END ENGINEERING AND DESIGN
Oil Search is pleased to announce that, together with its joint venture partners in the PNG LNG Project, it has today signed and executed a Gas Agreement with the PNG Government (see attached release from Project Operator, Exxon Mobil). The Gas Agreement outlines the fiscal terms and legal obligations under which the PNG LNG Project will operate.
Following the signing of this agreement, the PNG LNG Project Participants have formally agreed to commence Front End Engineering and Design (FEED) for the Project..... - Web Site
Drilling Report (NW Paua 1, Cobra 1). 22 May 2008
WELL NAME: NW Paua 1 ST3, PNG
Oil Search reports that as at 0600 hrs on 22 May, the NW Paua 1 ST3 well was at a depth of 3,390 metres and preparing to pull out of hole for logging of the Toro and Digimu sandstones. Progress for the week was 164 metres.
During the week, the lower part of the Toro Formation (Toro C) and the deeper Digimu Sandstone were drilled. High gas readings and oil shows were recorded in Toro C sandstone. A full log evaluation will now be carried out to establish the importance of these shows.
The forward plan will be determined once the results of the logging operations are known.
NW Paua 1 is located in PDL 5, five kilometres northeast of the Moran oil field and six kilometres northwest of Paua 1x. The well is being drilled by the PPL 233 Joint Venture. Paua 1x was drilled on the steeply dipping and faulted forelimb of the Paua anticline in the mid 1990s and encountered oil shows in the Toro Sandstone and recovered oil from the Iagifu Sandstone. NW Paua 1 is targeting the Toro and Digimu sandstones in a more optimal location on the known hanging-wall structure. The planned total depth of the sidetrack is approximately 3,600 metres.
WELL NAME: Cobra 1A, PNG
Oil Search reports that as at 0600 hrs on 22 May, the Cobra 1A well was at a depth of 2,126 metres and preparing to drill ahead in an 8-1/2" hole. Progress for the week was 45 metres.
Cobra 1 is located in PPL 190 and lies 13 kilometres east of the SE Gobe oil field and 7 kilometres east of the Bilip oil discovery. The well is targeting the Iagifu Sandstone, which is the principal reservoir in the Gobe and SE Gobe fields, in a seismically-defined sub-thrust prospect. Cobra 1 is the first in PNG to target a sub-thrust play as the primary target.
The planned total depth of the well is 3,100 metres. - Web Site
Appendix 3B Issue of Shares on Option Exercise - Web Site
Cockatoo Island Project - Web Site
Form 604 Substantial Holder Notice - Web Site
Change of Director`s Interest Notices - Web Site
Appointment of Alternate Director Andrew Dimsey
The directors of Victoria Petroleum NL advise that Mr Andrew Dimsey has been appointed as alternate director to both Mr Alex Bajada and Mr Anthony Short.
Progress and status: Freshwater Point 1 commenced drilling on 11 May 2008 using the Ensign 48 drilling rig. 311 millimetre (12¼ inch) hole was drilled to 414 metres measured depth. 245 millimetre (9⅝ inch) surface casing was set at 412 metres measured depth. Surface casing operations were completed and drillling resumed on 21 May.
At 06:00 hours WST today, the activity was drilling ahead in 216 millimetre (8½ inch) hole at 1,158 metres measured depth in the Kockatea Shale.
Progress since the 15 May report has been 744 metres.
- Web Site
Freshwater Point 1 Exploration Well Weekly Drilling Report, Onshore Perth Basin, EP 413, Western Australia
Progress and status: Freshwater Point 1 commenced drilling on 11 May 2008 using the Ensign 48 drilling rig. 311 millimetre (12¼ inch) hole was drilled to 414 metres measured depth. 245 millimetre (9⅝ inch) surface casing was set at 412 metres measured depth. Surface casing operations were completed and drillling resumed on 21 May.
At 06:00 hours WST today, the activity was drilling ahead in 216 millimetre (8½ inch) hole at 1,158 metres measured depth in the Kockatea Shale.
Progress since the 15 May report has been 744 metres.
- Web Site
Initial Director`s Interest Notice - Web Site
PROJECT UPDATE: DRILLING AT MOUNT WELLINGTON, VICTORIA
Encouraging preliminary results from the first hole at Rhyolite Hill.
Goldsearch Limited (ASX: GSE) is pleased to provide an update on the progress of its drilling program at its 100%-owned Mount Wellington Project, located 20 kilometres south-east of Jamieson and 10 kilometres east of the Morning Star gold mine in the Woods Point / Walhalla region of eastern Victoria.
The first hole at Rhyolite Hill (EL4843) of an initial three hole diamond drilling program has now been successfully completed. The drill rig has now moved to the Mikes Bluff target (EL5046) (Figure One).
Hole RCD001 was drilled to final depth of 504 metres. The hole was positioned to test an aeromagnetic target at depth in an area of previously identified near surface gold, silver and minor base metal mineralisation.
To date assay results have been received for the top 238 metres of the hole. The original felsic to intermediate volcanic rocks intercepted by the drill core are variably hydrothermally altered over the entire depth of the hole.
The initial 100 metres of oxidised rock shows, in places, strong silica-pyrophyllite-pyrite alteration and a 7.2 metre intersection from 8.1 metres returned weakly anomalous assay results which average 0.18 g/t (grams per tonne) gold.
Fresh rock from 100 metres is variably sericite-silica altered with very fine disseminated pyrite up to 0.5%.
After 200 metres, the alteration changes to variable silica-pyrophyllite-sericite with stringers of fine pyrite in concentrations up to 20% with occasional zones of chalcopyrite in the more intensely altered zones. A 5.6 metre intersection from 220 metres returned an average gold grade (by fire assay) of 2.46 g/t with a peak one metre interval of 8.95 g/t gold. This interval also returned 1 metre intervals of up to 127 g/t silver, 14.7% zinc, 1.5% lead and 0.6% copper (Table One).... - Web Site
Drilling commences at a highly prospective uranium target at Oklo's Narnoo Project adjacent to Mulga Rock in Western Australia
Highlights:
Drilling Underway at Rover Copper Gold Project - Web Site
Change of Directors Interest Notice - Web Site
Appendix 3B - Web Site
EXPANSION OF OPERATIONS TO KANSAS etc - Web Site
MAH: Bidder`s Statement Takeover Offer for Ausdrill - Web Site
BMA Gold Limited Drilling Results - May 2008 - Web Site
Change in substantial holding - Web Site
Crusader Purchases Tungsten Project - Brazil - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Letter to optionholders - reminder option expiry 30/06/2008 - Web Site
Appendix 3B - Web Site
FAR Targeting +50BCFE Potential at NE Waller - Summary
Positive Heavy Mineral Results Boost Balline Garnet Project - Web Site
Test-work Confirms Beneficiation for Yerilla Project - Web Site
Horizon Oil obtains additional debt facilities - Web Site
INTREPID EXTINGUISHES WESTPAC PROJECT DEBT FACILITY SIX MONTHS AHEAD OF SCHEDULE
Intrepid Mines Limited (TSX: IAU, IXN & ASX: IAU), an international gold and silver production, development and exploration company, today made an A$3.95 million principal repayment to Westpac extinguishing all bank debt associated with the Paulsens Gold Mine.
The early repayment, by a full six months, was facilitated by a continuance of strong operating results at Paulsens in April and early May 2008, following the turnaround achieved and reported in the financial results for the six months to March 2008..... - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Indophil opens Institutional Acceptance Facility
Indophil announces that it has opened its Institutional Acceptance Facility (Acceptance Facility) as contemplated in Indophil's Bidder's Statement dated 28 April 2008.
Indophil encourages all Lion shareholders and optionholders to accept the offer now.
In order to enable certain shareholders and optionholders (those not willing or able to accept the Offer before it becomes unconditional) to indicate their intentions to accept the Offer, Indophil has established an Acceptance Facility open to professional investors (as defined by section 9 of the Corporations Act) who hold at least 300,000 Lion shares (Eligible Holders). Lion shareholders and optionholders who are not Eligible Holders cannot participate in the Acceptance Facility.
Indophil will contact Eligible Holders soon to provide instructions on how to use the Acceptance Facility. See Section 7.9 of the Indophil Bidder's Statement for further information. - Web Site
Lion shareholders encouraged to accept Indophil's superior offer
Indophil's offer for Lion is superior
Appendix 3B - New Issue Announcement - Web Site
Mungana Plant Commences Construction
Kagara Ltd wishes to advise shareholders that another important step in the growth of the Company occurred yesterday with the commencement of construction of the Mungana treatment plant near Chillagoe in far north Queensland. The first of the construction crew have arrived on site and numbers will quickly increase to a peak of 135 in September and October.
This treatment facility will more than double zinc production to 100,000 tonnes of contained zinc resulting in a significant reduction in cash costs per pound of zinc production and firmly establishing Kagara as one of the lowest cost zinc producers worldwide.
The plant remains on target to achieve full production by April 2009 and the initial feed will be sourced from the underground Mungana ore body which has been fully developed to below the first mining panel over the last two years. Crosscuts to the ore body are currently being developed on several levels and the first high grade development ore will be mined from the 2005RL level next month. The 2005RL level access has now advanced well into the gold halo that envelopes the basemetal ore body (see attached plan) and gold ore is currently being stockpiled for processing through a future dedicated gold plant at Mungana.
A sub horizontal diamond hole (MUD11), drilled in advance of development, encountered a impressive 69 metre interval grading 2.44 grams per tonne of gold (including 16 metres grading 4.54 grams per tonne gold) between the two base metal lenses. Another diamond drill hole drilled at a higher level in a similar structural position from underground encountered a 23.6 metre intersection grading 5.81 grams per tonne of gold. The drilled width of these intersections approximates the true width. - Web Site
Appendix 3B - Exercise of options - Web Site
MLM - MetroCoal Coal Project Update - Web Site
Press Release - Web Site
QGC: Weekly Drilling Report - Web Site
Key Historic Mineralisation Ground Acquired at Lance Project - Web Site
Release of Restricted Securities - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change in substantial holding - Web Site
Change in substantial holding from ANZ - Web Site
Ceasing to be a substantial holder from CBA - Web Site
A consolidation of capital (the "Consolidation") was approved by shareholders at the Company's Annual General Meeting held on 20 May 2008.
The Consolidation will take place on the basis of every fifty (50) fully paid ordinary shares in the capital of the Company being consolidated into one (1) fully paid ordinary share in the capital of the Company. As a result the Company will have approximately 150 million shares on issue rather than an unmanageable 7.5 billion. This process forms part of a re-launching of the Company, together with a change of name to Arc Exploration Limited, to reshape and reflect its future direction as an explorer.
Convertible Notes and Options will be adjusted on the same consolidation ratio of 50 to 1.
The timetable for the consolidation is as follows:.......
- Web Site
Appendix 3B / s708A Notice - Web Site
Change of Directors Interests - Web Site
UPDATED TERMS OF THE PROPOSED RIGHTS OFFER AND RENEWAL OF CA - Web Site
Presentation to CSM-CMM Conference - Web Site
Appendix 3B - option conversion - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
Progress Report - Web Site
Suspension from Official Quotation - Web Site
Key Messages - Roadshow, April - May 08 - Web Site
Investor Update - Web Site
Chairman`s Address to Shareholders AGM 22 May 2008 - Web Site
Board Changes / Additional Company Secretary - Web Site
Appendix 3B - Web Site
Change of Registered Office - Web Site
Exploration Update - Highlights:
Appendix 3B - Exercise of options - Web Site
Expansion of Wilga Park Power Station - Web Site
Appendix 3Y - Web Site
Cloncurry Copper Project Update and Initial PFS Results
Exco Resources is pleased to provide the attached summary and update on its Cloncurry Copper Project, which will de delivered to the 2008 AMEC National Mining Congress (22-23 May), and to a number of the Company's major stakeholders over the next few days.
The summary includes initial results from the current Pre-Feasibility Study (PFS) that demonstrate the credentials of the project, and which firmly support the Company's plans for the stand-alone development of a ~2Mtpa sulphide concentrator project at Exco's flagship E1 Camp.
Indicative valuations are robust and compare favourably with peer projects in Australia. There are also a number of opportunities for upside (e.g., resource upgrades, pit optimisations, mine planning and scheduling, cost optimisations and by-product potential), which will be further investigated as studies continue.
The PFS remains on track for completion during the current quarter and a more detailed summary will be provided in due course. The Company anticipates a relatively seamless transition to Definitive / Bankable Feasibility Studies, which are expected to commence in Q3/2008.
Following the recent option exercise by Ivanhoe Australia Limited, the Company remains well funded to achieve its immediate objectives with a current cash position of ~A$16M. A further 11,480,000 options remain outstanding ahead of their expiry on 1 June, 2008 and the Company will seek to maximise the conversion of these options to provide an additional A$4M in funding.
In summary Exco is currently in a strong position with;
Appendix 3Y - Web Site
Becoming a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
Change of Registered Office - Web Site
Appendix 3B - Web Site
Chairman`s Address to Shareholders - Web Site
Correction - Bankable Feasibility Update - Web Site
AGM 2008 - MD Presentation - Web Site
Drilling Results - Web Site
Crocus South 1 Drilling Report 21 May 2008 - Web Site
Appendix 3B - Web Site
LST: IRN current price not to be used to value bid for Lion - Web Site
Bulk Iron Ore Sample Sent for Metallurgical Testing - Web Site
Request for Trading Halt - Web Site
Change in substantial holding - Web Site
Chairman and Managing Director Addresses at AGM - Web Site
Initial Director`s Interest Notice - Web Site
AGREEMENT FOR THE SUPPLY OF MILLED SLAG & CALCIUM OXIDE
Blast furnace slag and Calcium Oxide are important ingredients in the manufacture of a broad range of cement products. In Australia, (as well as other markets), slags in particular have become a tight supply commodity.
Minerals Corporation is pleased to announce the signing of a 10 year Agreement for the supply of milled slags and Calcium Oxide for use by the Company and its subsidiary, AUSTRALIAN CHINA CLAYS LIMITED, in cement industry product applications.
This Agreement is with an established Chinese Calcium Oxide producer and owner of multi-mineral dry blending facilities. The Agreement also incorporates provisions for the construction of advanced slag milling facilities in China whereby the milling operations may be transferred in house, thus ensuring control over requisite quality parameters for the future. This Agreement represents an important strategic development for the Company and incorporates a two year Equity Purchase Option for CHINA CENTURY CAPITAL LIMITED (ASX Code: CCY), (an affiliate of Minerals Corporation which specializes in Chinese investments), to acquire an equity interest in this Chinese milling facility at independent valuation. - Web Site
Plumridge Confirmation of Gold Grades and Future Drilling - Web Site
Galoc Weekly Project Update - 14 to 21 May 2008 - Web Site
Encouraging Uranium Results from initial field reconnaisance - Web Site
Testing on Cobra Gas Discovery - Web Site
Tui FPSO charter extension
The Tui joint venture has negotiated an extension to the term of the charter for the Umuroa. This extension, in the assessment of the Tui operator, is expected to allow the recovery of at least five million barrels of additional oil. This takes the current proven and probable (2P) reserve to at least 47 million barrels. - Web Site
ORG: Kupe Development Wells Kupe South 6 7 and 8 Update - Web Site
Kupe Development Wells Disclosure Notice - Web Site
Oil Shows in Willaroo-1, PEL 6 - Web Site
PNG LNG signs Gas Agreement, enters FEED. 22 May 2008 - Web Site
Tui Joint Venture extends Tui FPSO charter The Tui joint venture has negotiated an extension of the term of the charter for the Floating Production Storage and Offloading (FPSO) vessel, "Umuroa" through to 31 December 2022.
The operator of the Tui oil project, AWE Ltd, has assessed that this extension is expected to allow at least five million barrels of additional oil to be recovered from the known Tui field reservoirs, bringing the current proven and probable (2P) reserve to at least 47 million barrels.
Under the contract with Prosafe Production, the owner and operator of the Umuroa, the fixed term of the charter has been extended by 3.4 years to 31 December 2015.
After that date the Tui joint venture now has seven, one-year options to extend, giving a maximum term of 15.4 years from the date of first production.
Previously the charter fixed term was for five years, with five one-year options to extend.
The gross value of the contract for the period from 1 June 2008 to 2022 is approximately US$545 million. (Net Present cost US$265 million discounted at 10%). The full operating cost of the charter for the financial year ending 30 June 2009 is forecast to be approximately US$61million. This rate reduces annually, approximately in accordance with the expected Tui field production profile.
The charter extension will allow the Tui joint venture to produce substantial additional oil from the Tui field and will also maximise the value of any further oil discoveries in the area.... - Web Site
Trading Halt - Web Site
Key Historic Mineralisation Ground Acquired at Lance Project - Web Site
Results of Meeting - Web Site
Off market share buy back - Web Site
Subscription and Earn-In Agreement with Braemore Resources - Web Site
$15,000,000 Share Placement to Institutional Investors - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Successful testing of the Chim Sao North appraisal well
Santos today announced the successful completion of drilling and testing of the Chim Sao North appraisal well (12W-CS-2X) on Block 12W in Vietnam.
The target Middle Dua sand sequence was encountered as expected. Following successful coring of the reservoir and wireline logging operations, two reservoir zones were drill stem tested.
The first zone tested flowed oil at a sustained rate of 1650 barrels of oil per day ("bopd") plus 1.4 million standard cubic feet of gas per day ("MMscfd") on a 40/64 inch choke. The second zone tested flowed oil at a sustained rate of 2680 bopd plus 2.1 MMscfd on a 48/64 inch choke. No water was produced on either test.
The well will be suspended as a future producer. The rig will now move to carry out the exploration program in Block 12W with the drillilng of the Chim Ung and Chim Cong exploration prospects. .... - Web Site
PNG LNG Gas Agreement and FEED Entry
Santos today welcomed the signing by the PNG Government of a Gas Agreement with the PNG LNG joint venture and the project formally entering into Front End Engineering Design (FEED).
The Gas Agreement defines the terms under which the venture will build and operate the project including taxation, fiscal and banking stability, issue of development licences, state participation, landowner identification, training and local business development. The Joint Operating Agreement signed on 13 March 2008 and the Gas Agreement are the key commercial agreements that have enabled PNG LNG to formally enter into FEED.
The FEED work will be conducted over the next 16 months with a final investment decision expected in the fourth quarter of 2009. FEED activities will include detailed work on optimising facilities design, landowner, environmental and regulatory affairs, and the selection of an EPC contractor. In parallel, the venture will be marketing the product to potential buyers in Asia and elsewhere and will be implementing its financing plan.
The PNG LNG project has the potential to become the largest project ever undertaken in PNG. The project envisages an integrated development of the Hides, Angore and Juha Gas Fields as well as associated gas from the Kutubu, Agogo, Gobe and Moran oil fields. The gas will be transported to the LNG plant near Port Moresby through more than 700km of large diameter pipeline. The first LNG cargo is expected to be shipped in early 2014. - Web Site
Significant Gold Mineralisation Identified at Andromeda - Web Site
Outcropping High-Grade Uranium Mineralisation at Narraweena - Web Site
Western Metals Recommences Drilling in Tanzania - Web Site
Change in substantial holding from MQG - Web Site
|
Wednesday 21 May 2008 (Close of Business - New York)
|
||||||||
| All Ords | 5916.4 | -78.5 | Dow Jones | 12,601.19 | -227.49 | |||
| ASX100 | 4709.0 | -72.6 | S&P 500 | 1390.71 | -22.69 | |||
| ASX200 | 5823.4 | -84.7 | Nasdaq | 2448.27 | -43.99 | |||
| ASX300 | 5830.6 | -82.6 | NYSE Volume ('000) | 4,517,993 | ||||
| Materials (Sector) | 16,776.4 | -384.0 | US 10-Year Bond | 3.822% | +0.046 | |||
| All Ords Gold (Sub Industry) | 6071.7 | +104.9 | Gold - spot/oz | US$931.80 | +13.00 | |||
| Metals & Mining (Industry) | 5926.4 | -142.4 | Silver - spot/oz | US$17.98 | +0.32 | |||
| Energy (Sector) | 19,397.4 | +71.8 | Platinum - spot | US$2201.00 | +52.00 | |||
| Shanghai Composite | 3544.2 | +101.0 | Palladium - spot | US$460.00 | +13.00 | |||
| Hang Seng | 25,460.3 | +290.8 | Uranium - spot US$/lb | US60.00 | unch | |||
| India BSE 30 | 17,243.2 | +13.0 | Reuters-CRB Index (CCI) | 555.70 | +7.08 | |||
| Jakarta Composite | 2494.7 | -16.3 | Light Crude (NYM - $US per bbl.) | US$133.17 | +4.19 | |||
| Nikkei | 13,926.3 | -233.8 | Natural Gas (NYM - $US/mmbtu) | US$11.78 | +0.27 | |||
| Taiwan Weighted | 9015.6 | -53.3 | Copper (LME - spot $US/tonne) | 8361 | -96 | |||
| FTSE 100 | 6198.1 | +6.5 | Lead (LME - spot $US/tonne) | 2116 | -81 | |||
| German DAX | 7040.8 | -77.7 | Zinc (LME - spot $US/tonne) | 2191 | -62 | |||
| A$ = US96.23 | +0.35 | Nickel (LME - spot $US/tonne) | 25,480 | -370 | ||||
| A$ = 99.16yen | -0.21 | Aluminium (LME - spot $US/tonne) | 2978 | +24 | ||||
| A$ = 0.609Euro | -0.004 | Tin (LME - spot $US/tonne) | 24,475 | +655 | ||||
| A$ = 0.488GBP | +0.001 | Sydney Futures Exchange - SPI | 5850 | -5 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street fell for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry about rising costs and a shaky employment picture. The Dow Jones industrial average fell 227 points, logging its widest two-day loss since late February.
Declining issues outnumbered advancers by about 7 to 3 on the New York Stock Exchange, where consolidated volume amounted to 4.41 billion shares, up from 3.74 billion on Tuesday.
Crude oil soared $4.19 to settle at $133.17 a barrel on the New York Mercantile Exchange - strong demand out of China, supply disruptions in Nigeria, the US dollar's slump versus other world currencies, and political tension in the Middle East have been keeping oil on the incline. In addition U.S. stockpiles unexpectedly dropped and banks raised price forecasts because of supply constraints and demand growth.
Copper fell for the second time in three days as rising inventories of the metal signaled slowing demand in China and the U.S., the world's two biggest users.
Gold rose to the highest in a month as surging oil prices and a weakening US dollar boosted demand for the metal as a hedge against inflation. Silver also gained.
Addendum to Notice of Annual General Meeting - Web Site
MAH: Macmahon Announces Takeover Offer for Ausdrill - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Silver Zone Extended at Area 39
Appointment of Non-Executive Director - Web Site
Appendix 3Y Amended - Web Site
Correction to Appendix 3B - Web Site
Update on Bandanna Coal Projects - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding from ANZ - Web Site
Becoming a substantial holder - Web Site
Response to ASX Query re Change in Directors Interest Notice - Web Site
Results Iluka 2008 AGM - Web Site
Change in substantial holding - Web Site
Update on discussions with third party - Web Site
Media Speculation - Takeover Acceptance Facility - Web Site
Company Update
Becoming a substantial holder - Web Site
Section 708A Notice - Web Site
Section 708A Notice for 730,000 unlisted options exercised - Web Site
Appendix 3B for 730,000 unlisted options exercised - Web Site
Managing Director Remuneration and Appendix 3X - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change of Director`s Interest Notice (x2) - Web Site
Retail Entitlement Offer and Bookbuild - Web Site
Rights Issue Appendix 3B - Amended - Web Site
AURA ENERGY LTD HAS PLACED A STRATEGIC STAKE OF $1.6M TO GCM RESOURCES PLC.
Aura Energy Ltd (ASX code: AEE) wishes to announce that it has made a placement of 5,586,975 Fully Paid Ordinary Shares with the AIM listed company GCM Resources plc ("GCM") (AIM: GCM) at A$0.29 a share, to raise $1,620,220.75. The placement is pursuant to Section 708 of the Corporations Act.
Aura's Managing Director, Dr Bob Beeson, said "These funds will enable Aura to continue its aggressive exploration programmes at its 100% owned uranium projects. These include the shale-hosted uranium province in Sweden plus the calcrete uranium projects in Western Australia and high grade vein systems, also in Sweden. Aura has been particularly active in the past 12 months, with substantial activities on 3 continents". - Web Site
Development of decline commences at the Perkoa Zinc Project - Web Site
Appointment of CEO - Web Site
Becoming a substantial holder - Web Site
SULPHIDE MINERALISATION INTERSECTED IN EARLY DRILLING HAMMER HILL JV, NORTHERN TERRITORY
Mithril Resources had advised Arafura Resources that the first drill hole in the Hammer Hill Joint Venture drilling program has intersected sulphide mineralisation.
Drilling at Hammer Hill commenced in early-May 2008 (ARU: ASX 05/05/08) targeting priority airborne electromagnetic (VTEM) features considered to represent conductive nickel sulphide mineralisation. Mithril Resources and BHP Billiton can earn up to 70% interest in the Hammer Hill JV by spending $5 million over a 6 year period (Arafura to retain 30%).
Drill hole HHDD001 was designed to test VTEM target IVT016 (Figure 1) in the south central part of the Hammer Hill JV tenements. Visual inspection of drill core from HHDD001 by Mithril geologists indicates a significant sulphide zone has been intersected from 341.75 metres to 348 metres down hole (6.25 metres wide). This zone contains copper-bearing sulphide as well as other sulphide minerals. Thin veins of sulphide mineralisation are evident in the drill hole at depths beyond 150 metres.
Assays from drill hole HHDD001 are not expected for at least another four weeks.
Drilling continues at the IVT016 target zone, and will be augmented by down hole geophysical targeting methods. The second drill hole in the program (HHDD002) will test a separate electromagnetic target 490 metres south of HHDD001. - Web Site
Completion of Financing Facility
Avoca Resources Limited (Avoca or the Company) is pleased to announce that it has reached financial close and is now able to execute its first draw down of the $AUD71M senior debt facility announced to the market on 14 March 2008. Previously, the Company advised that the two banks contributing to the $71M facility were Société Générale Australia Branch (SocGen) and BOS International (Australia) (BOSI). BOSI subsequently advised the Company that it was unable to proceed with the finance on the terms required by Avoca, and the Company is pleased to advise that the Commonwealth Bank of Australia (CBA) has replaced BOSI in the co-financier role. The terms of the SocGen and CBA financing are no less favourable than those associated with the earlier credit approval obtained from SocGen and BOSI.
In addition the Company has completed the purchase of put options for 438,933 ounces at a strike price of AUD$830 per ounce. The put options will provide a guaranteed minimum gold price for all gold sold from Avoca's Trident Gold Project for a period of 34 months. The put options are being financed on a deferred premium basis over the 34 month period and have an average cost (including financing costs) of $30 per ounce. - Web Site
Trading Halt Request - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Issue of 10 million shares - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
ISSUE OF CONVERTIBLE BONDS
Central Petroleum Limited ("CTP" and "Company") is pleased to announce the drawdown of a subsequent $1,000,000 tranche of convertible bonds pursuant to the Bond Subscription Agreement approved by shareholders on 21 December 2007.... - Web Site
S708A Notice - Web Site
Seismic Acquisition Bonaparte Basin - Web Site
Investor Update Julius Deposit Overview - Web Site
Letter to Shareholders - Company update - Web Site
Request for Trading Halt - Web Site
Trading Halt - Web Site
Hill End Update May 2008 - Web Site
Major US acquisitions concluded - Web Site
Appendix 3B - Web Site
Indophil`s superior offer for Lion - Web Site
Appendix 3B - Web Site
Results of Meeting - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Revised Broker Presentation - Web Site
Results of General Meeting 21 May 2008 - Web Site
OPERATIONS REPORT - Web Site
Managing Director`s Presentation to Melbourne Mining Club - Web Site
Copper - Gold Drill Results - Cloncurry
New Copper Discovery at Surprise Project, Cloncurry
Minotaur Exploration Limited (ASX: MEP) is pleased to announce that drilling on the Surprise tenement, EPM 9053 (Gateway Mining Ltd, Minotaur earning 75%), 60 kilometres northwest of Cloncurry has resulted in a new copper discovery.
Four RC drillholes totalling 438 metres were drilled within a 5-kilometre long copper-anomalous geochemical corridor previously outlined by Gateway Mining (Table 1). Three regional electrical geophysical profiles across this corridor were processed and modelled by Minotaur, the drilling being designed to test isolated chargeable anomalies on these profiles.
Drillhole 08RCSU002 targeted the peak of an IP chargeability anomaly on Electrical Geophysical Line 14000N. The first 50 metres of the drillhole comprised unmineralised schist and gneiss. Between 50 and 80 metres downhole, variable quartz and calcite veining with associated sulphide (pyrite and chalcopyrite) was encountered, resulting in the following significant intercepts based on 1-metre assay intervals:
Appendix 3B and s708A Notice - Web Site
Appointment of Managing Director - Web Site
Appendix 3B - Exercise of Options - Web Site
Results of Meeting - Web Site
Second West Tulsa Well Intersects Hydrocarbons - Web Site
New Cardabia Phosphate Project Tenement - Web Site
Operations Update - Rayburn Project - Web Site
RAILWAY PROSPECT PHASE ONE DRILLING COMPLETED LOGGING SHOWS WIDESPREAD IRON ORE MINERALISATION
The company is pleased to announce that the Phase One drilling program on a 100m by 160m grid at the Railway Prospect has been completed. This has involved 110 holes of RC drilling for 10,015 metres.
Geological logging has shown widespread iron ore mineralisation as expected.
Receipt of full assay results from the Phase One drilling program should provide the Company with sufficient information to enable an inferred JORC compliant resource to be calculated by July 2008.
Phase Two - Drilling commences
Infill drilling on a 100m by 80m grid has now commenced. It is estimated that about 50 holes for 5000m of RC drilling will be required for this phase. - Web Site
Investor Update May 2008 - Web Site
STATUS REPORT FOR GROWLER OILFIELD DEVELOPMENT PROJECT
AND PEL 104, COOPER BASIN SOUTH AUSTRALIA
Victoria Petroleum N.L. ("Vicpet") as operator for the Growler Oilfield Development Project is pleased to advise the following progress on the Growler Oil Field;
1. Continuing load out of oil from the Growler Oil Field to Moomba by tanker and then on down the Moomba-Port Bonython oil pipeline for sale. The sale of this oil and continuing oil production, will take place against a background of satisfyingly high oil prices in excess of US$120/barrel. This continuing oil production is significant as this is the first oil produced from PEL 104 located on the north western margin of the Cooper-Eromanga Basin
2. Completion of the first phase of the Growler Oil Field production central facilities infrastructure, which involved the construction of a 22 kilometre production road, construction of central gathering facilities, plus the tie in of Growler-1 & 2 wells to the central facilities.
3. The installation of pumps on both Growler wells, with the pumps put into operation and the beginning of the Extended Production Test (ETP) to gain knowledge of the wells' output.
The EPT commenced on 13th March 2008 and will run for 180 days. The JV will gain reservoir data from the EPT to enable the JV to proceed to a full overall Growler Development Plan. Initial analysis of the Growler wells performance will be available after 100 days.
The benefit from the EPT is not only the knowledge gained about the reservoir extent and deliverability, but also the side benefit of cash flow.
Growler Extended Production Test (EPT)
The Growler Field is currently producing an average of 200 - 210 barrels of oil per day. The Growler Oil Field has produced over 11,000 barrels of oil since production commenced on the 13th of March 2008. - Web Site
Twin Hills Mine Update, Texas Silver Project
The Twin Hills Silver Mine continues to progress towards increased silver production.
A second crusher is now installed and operating. This contract crushing circuit is additional to the previously announced upgrade of Macmin's existing crushing circuit. At present this contract crusher is crushing 100,000t medium grade ore which is on stockpile, to a size grade of 100% minus 20mm. When the upgraded Macmin crushing circuit is completed this product will be fed into the upgraded circuit, with the minus 4mm material being directly screened out and placed on the heaps and the remaining product will be further crushed to 100% minus 4mm and then placed on the heaps.
The Macmin crusher upgrade is proceeding, but as previously announced this will not be completed until the end of June and it is unlikely that full capacity will be reached until late July or early August.
The Macmin crushing circuit is presently crushing in excess of 20,000t/month to the required minus 4mm. Planning is proceeding to move to extended crushing hours, probably two eight hour shifts, but is still restricted by difficulty in hiring suitable personnel.
The initial batch of silver powder has been upgraded by removing impurities and is presently being converted to silver dore bars. Further batches of silver powder will be upgraded on a regular/semi continuous basis.
Heap Leach Pad One is now effectively completed with approximately 220,000 tonnes of ore stacked to an average height of 8 metres. This pad is approximately 55% under cyanide irrigation and is expected to progress to 100% under irrigation over the next few weeks. This should result in a substantial increase in silver leaching and subsequent silver powder production. Although this pad has been under construction for more than 12 months and has been partially leached of silver, irrigation and leaching, for various reasons, has not been continuous. To achieve continuous and complete irrigation of Pad One is a significant milestone.
Heap Leach Pad Two is approximately four weeks behind schedule and is presently being covered with a protective layer of fine material and a coarse drainage layer. Stacking of crushed ore will commence in the near future. This pad has a capacity to an 8 metre height of approximately 440,000 tonnes of ore. Irrigation and leaching of this pad cannot commence until a significant part of the pad has been built to the 8 meter height which may take two months...... - Web Site
Response to ASX Query - Web Site
Change of Directors Interest Notice - Web Site
Notice of Change of Interests of Substantial Holder - Web Site
Correction to section 633(4)(a) notice - Web Site
Exploration Update - Florence Creek, Cloncurry District
Change of Director`s Interest Notice - Web Site
Weekly Drilling Report - Web Site
Appendix 3B
Acquisition Activities boosted by share placement - Web Site
PPP: Tui JV extends Tui FPSO charter - Web Site
NZO: Tui FPSO Charter Extension - Web Site
Appendix 3Y - Web Site
Change of Director`s Interest Notice - Web Site
GRD Minproc Awarded Contract by Bannerman Resources Limited - Web Site
Ceasing to be a substantial holder from ANZ - Web Site
Further Positive DTR Results - Web Site
Vanmag Project Binding Heads of Agreement
Change of Director`s Interest Notice - Web Site
Wilgerup draft mining lease proposal submitted to PIRSA - Web Site
BEYONDIE IRON ORE FARM-OUT TO EMERGENT RESOURCES
De Grey Mining Limited (ASX code: DEG) is pleased to advise that it has entered into a joint venture with Emergent Resources Limited (Emergent) to explore for iron ore and related minerals such as vanadium and manganese over a portion of De Grey's Beyondie Project. Emergent is an unlisted public company seeking to list on ASX in mid-2008.
The agreement covers one granted exploration licence and one exploration licence application, covering a total of 841 sq km and located approximately 175km south of Newman. Terms of the joint venture include:
Change in substantial holding - Web Site
Form 604 Change in Substantial Shareholding - Web Site
Change of Director`s Interest Notice App 3Y - Web Site
Drilling Report No. 13 East Wing-1 Well at 0600 hours - PEP 168 Otway Basin Victoria
Essential Petroleum Resources Limited (ASX: EPR) advises that the East Wing-1 sidetrack operation is drilling ahead at a depth of 1552 mKB. The directional drilling assembly has been removed and the conventional rotary bottom hole assembly has been reinstated.
The zone of elevated gas readings encountered in the original hole is expected to be intersected at a depth of approximately 2185 mKB. The estimated recoverable gas resource for East Wing-1 well is in the range 5 to 9 BCF.
Essential Petroleum is targeting the onshore extension of the highly productive Pecten High trend, which has offshore discoveries containing more than 400 bcf of gas recovered in the Waarre Formation in the Casino, Henry and Halladale gas fields. Refer to Figure 1.
Essential Petroleum owns 100% of the PEP 168 permit. - Web Site
Investor Briefing 1 Billion Tonne Pilbara Iron Ore Target - Web Site
Appendix 3B - Web Site
Company Update - Audio Broadcast May 2008 - Web Site
INVESTOR PRESENTATION - Web Site
Appendix 3B - Web Site
Mt Cattlin BFS Update - Web Site
Change in substantial holding - Web Site
MT Survey to Determine Drilling Location - Web Site
Iluka 2008 AGM - Presentation Slide Pack - Web Site
Iluka 2008 AGM - Chairman and Managing Director`s Addresses - Web Site
Open Briefing Interview with Iluka MD 21.05.2008 - Web Site
Crocus South 1 Drilling Report 20 May 2008 - Web Site
Change in substantial holding - Web Site
Maiden Drilling at Percyvale Gold Project - Web Site
Appendix 3B - Web Site
Results of Meeting - Web Site
LGL - AGM Presentation - Web Site
Managing Director`s Address to Shareholders - Web Site
Update - Initial Laboratory Work Encouraging - Web Site
Trading Halt - Web Site
Company Awarded New Petroleum Exploration Permit - Web Site
Broker Presentation - Web Site
Change of Director`s Interest Notice - Web Site
MEO Australia Appoints New CEO - Web Site
Share Placement of further $0.3 million - Web Site
Appendix 3B - Web Site
Newport Mining Ltd Shareholder Update - Web Site
Appendix 3B - Web Site
Commencement of Drilling at Narnoo - Web Site
Change in substantial holding - Web Site
Broadcast - Web Site
Change of Director`s Interest Notice - Web Site
Rule 2.10 of the City Code disclosure 20May08 - Web Site
Proposed Private Placement - Web Site
Application for Quotation of 13.051 Million Shares - Web Site
SAMSON OIL & GAS LIMITED ACQUIRES ACREAGE ADJACENT TO STATE GC OIL FIELD, NEW MEXICO, USA
Denver 1700 hours May 20th, Perth 0700 hours May 21st 2008
State GC East (Working Interest SSN 100%, Net Revenue Interest 75%)
An agreement has been signed between the existing lease owner and Samson Oil & Gas Limited ("Samson") which will give Samson a 100% working interest (75% revenue interest) in the 320 acre half section immediately west of the producing State GC Oil Field operated by Penroc Oil Company. The consideration paid was US$96,000 valued at US$300 per acre. As part of this transaction, Samson is required to drill an initial well within twelve months or forfeit the lease of the acreage.
Terry Barr, Chief Executive Officer and President commented "This acquisition is an attractive opportunity for prospective exploration within the next twelve months in an area where new wells are being tied in."
The acreage is considered prospective for oil production in the Bone Springs and Lower Leonard and for gas in the Morrow Formation. The non-proprietary 3D seismic data has previously been acquired and interpreted and at the Lower Leonard displays an amplitude response that may be indicative of porosity being developed within the Lower Leonard, as shown on the attached map.... - Web Site
Hartleys Brief Update Note - Web Site
COYOTE GOLD PROJECT VERY HIGH GRADES RETURNED FROM GONZALES LODE INTERSECTED AT 300M RL
The Directors are pleased to announce that the first cross cut from the decline to the Coyote underground orebody (300 metres RL) has exposed the high grade Gonzales stoping ore as modelled in the Coyote Reserve model with very high grades returned from vein sampling. ....
Although the start up of underground development has been delayed during recent months due to mining equipment availability, underground management of water inflow and shotcreting, the decline advance rate is steadily improving particularly as more headings are developed.
The decline development and ore development drives are continuing, with the stoping of high grade ore (+13g/t gold) planned to commence and to be ramped up from mid year onwards.
The assay results further demonstrate the potential of the Coyote underground lodes to deliver high grade ore to the mill once stoping commences. - Web Site
Ceasing to be a substantial holder - Web Site
Initial Drill Results - Wonmunna - Web Site
TMR Significant Magnetite Intersections at Santa Dominga - Web Site
Drilling of Lead, Zinc and Copper Gold Targets to Commence - 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
White Cliff Joint Venture - Web Site
Placement Update - Web Site
|
Tuesday 20 May 2008 (Close of Business - New York)
|
||||||||
| All Ords | 5994.9 | -40.1 | Dow Jones | 12,828.68 | -199.48 | |||
| ASX100 | 4781.6 | -36.5 | S&P 500 | 1413.40 | -13.23 | |||
| ASX200 | 5908.1 | -41.3 | Nasdaq | 2492.26 | -23.83 | |||
| ASX300 | 5913.2 | -39.8 | NYSE Volume ('000) | 3,854,324 | ||||
| Materials (Sector) | 17,160.4 | -174.4 | US 10-Year Bond | 3.776% | -0.063 | |||
| All Ords Gold (Sub Industry) | 5966.8 | +92.9 | Gold - spot/oz | US$918.80 | +14.20 | |||
| Metals & Mining (Industry) | 6068.8 | -67.0 | Silver - spot/oz | US$17.66 | +0.72 | |||
| Energy (Sector) | 19,325.6 | -271.9 | Platinum - spot | US$2149.00 | -3.00 | |||
| Shanghai Composite | 3443.2 | -161.6 | Palladium - spot | US$447.00 | -3.00 | |||
| Hang Seng | 25,169.5 | -572.8 | Uranium - spot US$/lb | US60.00 | unch | |||
| India BSE 30 | 17,230.2 | -204.8 | Reuters-CRB Index (CCI) | 548.62 | +3.78 | |||
| Jakarta Composite | 2511.0 | na | Light Crude (NYM - $US per bbl.) | US$129.07 | +2.02 | |||
| Nikkei | 14,160.1 | -109.5 | Natural Gas (NYM - $US/mmbtu) | US$11.51 | +0.40 | |||
| Taiwan Weighted | 9068.9 | -226.3 | Copper (LME - spot $US/tonne) | 8457 | -8 | |||
| FTSE 100 | 6191.6 | -184.9 | Lead (LME - spot $US/tonne) | 2197 | -57 | |||
| German DAX | 7118.5 | -107.4 | Zinc (LME - spot $US/tonne) | 2253 | -40 | |||
| A$ = US95.88 | +0.51 | Nickel (LME - spot $US/tonne) | 25,850 | -155 | ||||
| A$ = 99.37yen | -0.02 | Aluminium (LME - spot $US/tonne) | 2954 | -4 | ||||
| A$ = 0.613Euro | -0.002 | Tin (LME - spot $US/tonne) | 23,820 | -430 | ||||
| A$ = 0.487GBP | -0.002 | Sydney Futures Exchange - SPI | 5888 | -41 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street stumbled Tuesday after oil prices spiked to a new record above $129 a barrel and a government report raised investors' concerns about the impact of inflation on consumer spending. The Dow Jones industrials fell nearly 200 points.
Crude oil jumped after OPEC's president was quoted as saying his organization won't raise its output before its next meeting in September. In addition billionaire hedge-fund manager Boone Pickens said oil will reach US $150 a barrel this year because supply isn't keeping up with demand.
Declining issues led advancers by nearly 2 to 1 on the New York Stock Exchange. Consolidated volume came to 3.74 billion shares, up from 3.55 billion on Monday.
The mood on the Street was further depressed by sluggish retail reports and comments from Federal Reserve Vice Chairman Donald Kohn that policymakers are inclined to hold interest rates steady.
Overseas, Japan's central bank kept interest rates steady amid lingering worries about a global slowdown.
Lead fell to the lowest in almost a year in London as a 42 percent increase in stockpiles in 2008 suggests supply will move into surplus this quarter, from a deficit previously. Aluminum and zinc also dropped whilst copper was fairly steady.
Gold rose to the highest in four weeks as a weaker US dollar and soaring energy costs boosted the precious metal's appeal as a hedge against inflation. Silver jumped more than 4 percent.
Platinum dropped in New York after a price forecast from Johnson Matthey Plc, the world's biggest maker of auto catalysts using the metal, fell short of analysts' expectations. Palladium also declined.
INFORMATION CIRCULAR OF NEW GUINEA GOLD CORPORATION FOR THE 2007 ANNUAL GENERAL MEETING OF SHAREHOLDERS
The 2008 Annual Meeting (the "Meeting") of the Members of New Guinea Gold Corporation (the "Company") will be held at the Terrace Room, 3rd Floor, Fairmont Waterfront Hotel, 900 Canada Place Way, Vancouver, B.C. V6C 3L5 on Wednesday, June 18, 2008, at the hour of 11:00 a.m. (Vancouver Time)...... - Web Site
Managing Directors AGM Presentation - Web Site
Change of Director`s Interest Notice - Web Site
Results of Meeting - Web Site
Change of Company Address - Web Site
NWH: New Contract - Web Site
Appendix 3B - Web Site
Placement of Options Shortfall - Web Site
Initial Director`s Interest Notice - Web Site
Executive Management Changes - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Disclosure Document - Web Site
Services Agreements - Web Site
Distribution Reinvestment Plan - pricing of new securities - Web Site
Performance Rights
Notice of Change of Interests of Substantial Holder - Web Site
App 3B - Exercise of Employee Options - Web Site
Results of General Meeting - Web Site
Amended Results of General Meeting - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Trading halt - Web Site
Placement and Share Purchase Plan - Web Site
Director Appointment/Resignation - Web Site
Appendix 3B - Web Site
Full Year Profit Guidance - Web Site
Allotment of Shares and Appendix 3B - Web Site
Issue of Shares on Exercise of Listed Options - Web Site
Presentation to Merrill Lynch Global Metals Conference - Web Site
Revised - Share Placement of further $0.3 million - Web Site
Appendix 3B - Issue of Debentures and Options - Web Site
Appendix 3Y - Change of Director`s Interest Notice - Web Site
Results of General Meeting of Shareholders - Web Site
Final Director`s Interest Notice - Web Site
Pan Palladium and Impala Agree Terms for New Joint Venture - Web Site
Change of Director`s Interest Notice - Web Site
Managing Director`s Presentation to Melbourne Mining Club - Web Site
Completion of Non-Renounceable Options Issue - Web Site
Takoradi Limited App 3B Filing
Amended - Drill Results Update - Web Site
Non Renounceable Rights Issue Notification of Shortfall - Web Site
Woodside Cleared of Mauritanian Allegations
On 18 May 2006 Woodside advised that Australian Greens Senator Christine Milne had asked the Australian Federal Police (AFP) to investigate Woodside in relation to allegations of bribery by the company of a Mauritanian foreign official.
The AFP have now provided Woodside with formal written advice that their investigation has not identified any evidence against any individual or entity for the offence of bribing Mauritanian officials, and that their inquiry is now complete. - Web Site
Director and Company Secretary Appointment - Web Site
ASX Circular - Consolidation of Capital - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
12 Successful Wells and First Stimulation Results - Web Site
Ceasing to be a substantial holder - Web Site
Change in substantial holding - Web Site
Change of Registered Office Address - Web Site
Change of Director`s Interest Notice - Web Site
Response to ASX Price Query - Web Site
Completion of Entitlement Offer - Web Site
Change in Substantial Shareholding - Web Site
NEW DISCOVERY AT KALGOORLIE WEST GOLD PROJECT
Bellamel Mining Limited is very pleased to announce the discovery of a high grade gold mineralised system beneath the Centurion Deposit at the Kalgoorlie West Gold Project. The Company has named this new prospect the Gladiator Prospect.
Results have been received from drill holes KWDD006 and KWDD007 with intersections including:
IOCG Mineralisation at Duchess - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
BSN: Shareholding in Eromanga Hydrocarbons NL
Appendix 3Y - Web Site
Ceasing to be a substantial holder - Web Site
Change of Director`s Interest Notice
Copper discovery at Gateway's Surprise project near Cloncurry
Gateway Mining Limited (GML) is pleased to announce a copper discovery by joint venture partner, Minotaur Exploration Limited, at its Surprise project (EPM 9053), 60 kilometres north west of Cloncurry in Queensland.
Grades of up to 0.86% copper and 44 ppm cobalt over four metres were intersected on one of three regional electrical geophysical profiles drilled within a 5km long copper anomalous geochemical corridor previously outlined by Gateway Mining.
A second RC drill hole also intersected minor mineralisation (3m @ 0.15% copper from 49 metres) in similar rock types.
The four RC holes at Surprise were designed to test IP anomalies on three regional geophysical profiles.......
Minotaur, which is earning a 75% stake in Surprise, reported that drill hole 08RCSU002 had targeted the peak of an IP chargeability anomaly on Electrical Geophysical Line 14000N.
The first 50 metres of the drill hole comprised unmineralised schist and gneiss. Between 50m and 80m down hole, variable quartz and calcite veining with associated sulphide (pyrite and chalcopyrite) was encountered.
This section yielded the following significant intercepts based on one-metre assay intervals:
Drill hole 08RCSU003, which was drilled 45m to the east of drill hole 08RCSU002, failed to intersect significant mineralisation.
The two others, 08RCSU001 and 08RCSU004, were drilled on regional geophysical lines 16000N and 15000N respectively with the latter intersecting minor mineralisation (3m @0.15% copper from 49m) in similar rock types.. - Web Site
Results of Meeting - Web Site
Chairman Elected - Web Site
AGM 2008 - Resolutions Adopted - Web Site
Appendix 3B - Web Site
Investor Presentation - Resources Rising Stars Luncheons - Web Site
Form 4 as filed with the SEC re Hinze - Web Site
Options issue closing date - Web Site
Request for Trading Halt - Web Site
Updated Corporate Presentation - Web Site
Bolaven Bauxite Project Progress - Web Site
Presentation Citi Sustainability Environmental Conference - Web Site
Change in substantial holding - Web Site
Pioneer puts the pedal to the metal - $1.1 Million placement and new drilling campaign
Pioneer will enter the second half of 2008 with funding to pursue some exciting new exploration campaigns. Highlights of Pioneers's recent activities include:
FACT SHEET - Web Site
IN SPECIE DISTRIBUTION OF POLARIS METALS NL SHAREHOLDING IN SOUTHERN CROSS GOLDFIELDS LIMITED
The Directors of Polaris Metals NL ("Polaris") and Southern Cross Goldfields Limited ("SXG") wish to advise that Polaris will distribute 22 million fully paid ordinary shares in SXG to Polaris shareholders with effect on 23 June 2008.
SXG was listed on the ASX on 20 March 2008, completing a successful spin-off from Polaris of its gold and nickel assets. Polaris obtained 22 million vendor shares and 15 million vendor options in SXG in consideration for the assets.
Polaris also purchased 11,650,000 shares in SXG from the initial public offering. These shares were placed in voluntary escrow for 12 months (unless the Board of SXG agrees to disposal).
Polaris shareholders approved a pro-rata in specie distribution of the 22 million vendor shares in SXG to Polaris' shareholders within six months of SXG listing.
Each Polaris shareholder will receive 1 SXG share for every 5.846 Polaris shares held on the record date of 4 March 2008. Polaris will retain the 15 million vendor options and the 11,650,000 shares purchased in the initial public offering.
Polaris has been granted a waiver from vendor restriction requirements imposed on the shares the subject of the in specie distribution (other than to related parties) which will allow the shares to trade freely.
Following completion of the in specie share distribution, it is intended that SXG will be offering shareholders with uneconomic parcels of shares the opportunity to sell their SXG shareholding without any brokerage deducted. Such shareholders will be notified in writing shortly by SXG. - Web Site
Despatch of Prospectus - Web Site
Becoming a substantial holder - Web Site
Copernicus Project - Final Approval Received
Sally Malay Mining Limited (ASX Code: SMY) is pleased to announce that following the lodgement of environmental bonds last Friday with the Western Australian Department of Industry and Resources (DoIR), final approval for the development of the Copernicus Nickel Project was granted yesterday.
This approval has enabled the contractors engaged to construct the haul road and to mine the open pit on behalf of the Copernicus Joint Venture participants, to finalise their mobilisation to the Copernicus mine site for an immediate start. Open pit mining is scheduled to commence in late June 2008 with processing of Copernicus ore at the Savannah process plant targeted for October 2008.
The Copernicus Nickel Project is a joint venture between Sally Malay (60%) and Thundelarra Exploration Limited (40%). Copernicus Nickel Mines Pty Ltd, a wholly owned subsidiary of Sally Malay, is the operator. - Web Site
Change in substantial holding - Web Site
Appendix 3B - Exercise of Options - Web Site
RIGHTS ISSUE
Windy Knob Resources Limited (‘Windy Knob' or ‘the Company') is pleased to announce a 1- for-1 pro-rata non-renounceable rights issue to shareholders, to raise a total of $2.5 million (the Rights Issue) before costs.
The monies raised will be used to fund an aggressive exploration work program during 2008, focusing on the Company's highly prospective Titiribi Project (WKR earning 65%), located in Antioquia, northern Colombia.
The Rights Issue will be offered to existing shareholders on the basis of one (1) new share for every one (1) share held at the record date at an issue price of $0.08 per share (Share) to raise approximately $2.5m (before costs).
For every Share issued there will be granted for no additional consideration one (1) quoted option (WKRO), exercisable at $0.20 each, with an expiry date of 30 December 2009 (Options). - Web Site
Details of Company Address - Web Site
Appendix 3B - Web Site
The last year has been a challenging one for our Company. We have faced many issues with our project at Cibaliung including delays, poor ground conditions, industry wide cost increases and difficulties in funding the mine through to completion.
Nevertheless, we have made real progress on site with, as I speak, only 65 meters to drive to the first ore panel and about three month's worth of work to complete the processing plant. Work on the tailings dam and other site infrastructure is also underway.
To complete the project and continue operations requires funding and material funding at that. During the year and up to date this year we raised A$39.2 million and around 50% of our debt was capitalized: however in the order of US$35m is still required to complete the project and become cash flow positive.
To procure the funding we needed, we approached various financial intermediaries and industry participants both in and out of Australia. This resulted in our announcement of last week whereby East Asia Minerals of Canada has agreed, subject to conditions being satisfied, to farm into Cibaliung providing US$35m and also to assume responsibility for the project's debt in exchange for a 72% interest. At the end of this process we expect to retain in the order of 23% of a completed Cibaliung Project.
Despite the difficulties encountered in bringing Cibaliung into production this is a relatively positive outcome for Austindo in the circumstances.
Today marks a new beginning for our Company. With the East Asia transaction we retain a significant share in a producing gold mine and are freed up to undertake what we do best, namely exploration in Indonesia. Our company has had some great successes in this area and going forward we are going to concentrate on these strengths.
We are now focusing on the future. In order to highlight the new direction for our company, a new name is proposed. Arc Exploration Limited reflects our focus on Indonesia - and in particular on exploration for high-grade gold-silver and bulk tonnage deposits along the highly prospective Indonesian magmatic arcs. In January this year we appointed John Carlile as Managing Director and Cahyono Halim as Chief Financial Officer. Both bring immense experience to our Company.
We are dropping the NL status and becoming a public limited company. Furthermore, we are consolidating our shares so that we will have approximately 150 million shares on issue rather than an unmanageable 7.5 billion. These steps are part of a re-launching of the Company to reshape and reflect our future direction.
We have valuable properties at Trenggalek and Pekalongan and long standing relations with companies like PT Aneka Tambang and Anglo American. As Arc Exploration we will focus on these assets and on securing new opportunities.
We are confident that in time Cibaliung will be seen as a valuable asset and we expect to participate in the further growth of that asset as exploration success is achieved.
I would also like to take this opportunity to thank all stakeholders in ARX for their patience. It has not been an easy road and particularly for employees it has been an uncertain time. I would also like to thank all of those, including interests associated with each board member and other members of the senior management team, who stepped up and supported the Company financially when asked to do so.
Finally, we look forward to your continued support of Arc Exploration Limited and its future as a focused exploration company.
- Web Site
Change of Directors Interests - Web Site
B2Gold`s Interest - Web Site
Close of Allegiance offer period - Web Site
Release from Escrow - Web Site
Outstanding Rockchip Results - Web Site
Appendix 3B - Web Site
Presentation to Japanese Buiness Seminar - Web Site
MTH: Hammer Hill Drilling Update - Web Site
Change in substantial holding - Web Site
Appendix 3B and 708A Notice - Option Conversion - Web Site
Presentation to Citi Sustainability Conference - Web Site
Trading Halt - Web Site
Resource Update - Web Site
Exercise of Options, Appendix 3B and Rights Issue Changes - Web Site
Progress Report - Web Site
Kennedy - 1 Operational Update - Web Site
Clarification Scheme Deferred Settlement Dates - Web Site
Results of Meeting - Web Site
Change of Director`s Interest Notice App 3Y - Web Site
WKPP and General Business Update - Web Site
Regulator issues "Further Final Decision" on Envestra's Victorian Access Arrangement
The Essential Services Commission of Victoria (ESCV) today issued its "Further Final Decision" on Envestra's Access Arrangement for that State.
The Access Arrangement sets out the terms and conditions under which Envestra will provide gas distribution services, and the tariffs that will apply, for the five year period ending December 2012. The Victorian business represents around 50% of Envestra's revenues and assets.
Envestra's Managing Director, Ian Little, said, "We are reviewing the Decision, but note that the ESCV has not altered its position on the key issues with which we have concerns. However, an additional $7 million in revenue over the five year period has been allowed due to the correction of a number of errors identified by Envestra in the ESCV's Final Decision".
"The rate of return the Company can earn on its investments in the renewal and extension of our gas networks does not reflect current conditions in capital markets. This includes required equity returns for shareholders and the cost of new debt".
"The ESCV's Decision will constrain Envestra from undertaking all of the capital expenditure program approved by the Regulator, which ultimately will be to the detriment of gas consumers and for the growth of gas infrastructure in the State"...... - Web Site
PEP 168 East Wing-1 Drilling Report No. 12 - Web Site
Update - Block 430
Monthly Drilling Report - Web Site
Appendix 3B amendment - Web Site
Option Expiry - Web Site
App 3Y - Change of Directors Interest - Web Site
H.C. Starck Increases Niobium and Tantalum Prices - Web Site
Updated Presentation May 2008 - Web Site
AGM 2008 Chairman`s Address - Web Site
Section 708A Notice - Web Site
Section 708A Notice for exercise of Unlisted Options - Web Site
Appendix 3B Unlisted Options Exercised - Web Site
LST: Major Cash Return Proposed - Web Site
Clarification - Sale of Mt Lucy Prospect Announcement - Web Site
Drilling for Uranium Commences at Watson Project. - Web Site
Change in substantial holding - Web Site
ASX Media Release - Blackwood 3D Seismic Update - Web Site
Weekly Drilling Update 20 May 2008 - Web Site
Trading Halt - Web Site
Galoc Project Update to 14 May 2008 - Web Site
Appendix 3B - Web Site
Non Renounceable Rights Issue
Nuenco NL (ASX:NEO) (Company) confirms that it will be offering all eligible shareholders the opportunity to acquire additional fully paid ordinary shares in the capital of the Company (Shares) via a non‐renounceable rights issue (Rights Issue) on the basis of one (1) Share for every one (1) Shares held at the record date of 28 May 2008.
Shares under the Rights Issue will be offered at 2.5 cents each. The maximum number of Shares which may be issued under the Rights Issue is 239,334,640 to raise $5,983,366.
The Company is undertaking this issue to augment its working capital in order to fund its current and proposed oil and gas drilling programs, and additional exploration activities. - Web Site
Letter to Shareholders -Withdrawal of AGM Resolutions 4 -10 - Web Site
Quarterly Activities Report - Web Site
Acquisition Georgina Basin Project Appendix 3B 708A notice
Change of Director`s Interest Notice - Web Site
Excellent gold-silver results at Hunter - Web Site
Trading Halt - Web Site
OPERATIONS REPORT - INDIA AND OMAN - Web Site
Exploration Progress Report - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
High Grade Diamond Drill Intercept - Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
Investor Presentation with Audio - Web Site
Response to ASX Query - Web Site
Presentation - Placement and AREO - Web Site
Appendix 3B - Web Site
Press release - AREO and Gold Fields to increase to 19.9% - Web Site
THX: Copernicus Mine Development Approved - Web Site
Company update - Web Site
Santos Ltd - Appendix 3B - 20.05.08 - Web Site
Drilling commences at Daneros Uranium Deposit, Blanding,Utah - Web Site
New Bauxite Projects / Withdrawal From Fongo Tongo - Web Site
Copper Gold Projects Update - Web Site
|
Monday 19 May 2008 (Close of Business - New York)
|
||||||||
| All Ords | 6035.0 | +28.9 | Dow Jones | 13,028.16 | +41.36 | |||
| ASX100 | 4818.1 | +16.7 | S&P 500 | 1426.63 | +1.28 | |||
| ASX200 | 5949.4 | +18.4 | Nasdaq | 2516.09 | -12.76 | |||
| ASX300 | 5953.0 | +20.0 | NYSE Volume ('000) | 3,644,385 | ||||
| Materials (Sector) | 17,334.8 | +251.3 | US 10-Year Bond | 3.839% | -0.011 | |||
| All Ords Gold (Sub Industry) | 5873.9 | +175.4 | Gold - spot/oz | US$904.60 | +3.00 | |||
| Metals & Mining (Industry) | 6135.8 | +99.0 | Silver - spot/oz | US$16.94 | unch | |||
| Energy (Sector) | 19,597.5 | +986.0 | Platinum - spot | US$2152.00 | +24.00 | |||
| Shanghai Composite | 3604.8 | -19.5 | Palladium - spot | US$450.00 | +3.00 | |||
| Hang Seng | 25,742.2 | +123.4 | Uranium - spot US$/lb | US60.00 | unch | |||
| India BSE 30 | 17,434.9 | na | Reuters-CRB Index (CCI) | 544.84 | -3.22 | |||
| Jakarta Composite | 2511.0 | +42.1 | Light Crude (NYM - $US per bbl.) | US$127.05 | +0.76 | |||
| Nikkei | 14,269.6 | +50.1 | Natural Gas (NYM - $US/mmbtu) | US$11.11 | -0.15 | |||
| Taiwan Weighted | 9295.2 | +97.8 | Copper (LME - spot $US/tonne) | 8465 | -119 | |||
| FTSE 100 | 6376.5 | +124.7 | Lead (LME - spot $US/tonne) | 2254 | -95 | |||
| German DAX | 7225.9 | +69.4 | Zinc (LME - spot $US/tonne) | 2293 | -37 | |||
| A$ = US95.37 | -0.21 | Nickel (LME - spot $US/tonne) | 26,005 | -445 | ||||
| A$ = 99.39yen | -0.14 | Aluminium (LME - spot $US/tonne) | 2958 | -46 | ||||
| A$ = 0.615Euro | +0.001 | Tin (LME - spot $US/tonne) | 24,250 | -360 | ||||
| A$ = 0.489GBP | unch | Sydney Futures Exchange - SPI | 5964 | -7 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street ended mixed Monday after weakness in the technology sector punctured some of the market's enthusiasm over a report that suggested the economy could still be growing. The Conference Board's leading economic indicators report showed a 0.1 percent rise for April, following a similar uptick in March.
But technology shares tugged at the market after SanDisk issued cautious comments at a JPMorgan technology conference.
Declining issues narrowly outpaced advancers on the New York Stock Exchange, where volume came to 1.15 billion shares compared with 1.31 billion traded Friday.
Crude oil rose to a record close on skepticism that Saudi Arabia's decision to increase output by 300,000 barrels a day will be sufficient to reduce prices.
Copper fell for the first time in three sessions as inventories monitored by the London Metal Exchange climbed to the highest in two months.
Zinc dropped for a first session in three on the London Metal Exchange on expectations losses in output from the worst earthquake in decades in China are unlikely to create a supply shortage.
Gold futures climbed almost $6 an ounce Monday as concerns about inflation and overall strength in oil prices helped boost investment demand for the precious metal.
Appendix 3B and Section 708(S)5 - Web Site
Amended Appendix 3B - Web Site
Appendix 3B - Web Site
Section 633(4)(a) Notice by Hunan Nonferrous re T/O - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Response to ASX Query - Web Site
Announcement by Lion Selection Limited - Web Site
Amendment to Proxy Form to the EGM
Ceasing to be a substantial holder - Web Site
Newsletter Volume 1 Issue 2 - Web Site
Change in substantial holding from ANZ - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - 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
Director Appointment/Resignation - Web Site
Appendix 3B - Web Site
KATE-1 Onshore Canterbury Basin NZ - Web Site
Dispatch of Prospectus - Web Site
Supplementary Bidder`s Statement - Web Site
RE: EXCELLENT INTERSECTION AT LAE JEHE
Herald Resources Limited is pleased to announce that a highly significant drillhole intersection has just been achieved at the Lae Jehe deposit at the Dairi zinc/lead project in North Sumatra, Indonesia.
Drillhole SOP290D, by making the deepest and one of the most important intersections to date, will further extend the known resources at Lae Jehe. An almost continuous mineralised intersection of 35.6m was made from 763.3m downhole (see Figure 1). The lower 13.2m of predominantly massive sulphides, from 788.6m downhole, is interpreted to be the down dip continuation of the M2 horizon; whereas the upper 22.4m zone is interpreted as veined, remobilised sulphides with 2 bands, each 1m wide, of massive sulphides within a shear/fault zone, from 763.3m downhole. The estimated true width of the 13.2m massive sulphide zone is approximately 9m. Assay results for this main massive sulphide intersection should be available in about 10 days time.
The intersection is approximately 200m downdip from SOP282D (17.9m @14.5% Zn, 7.6% Pb) and is 75m vertically beneath the base of the present resources boundary (see Figure 2). The inferred fault zone previously shown on the long section as possibly interrupting the down dip continuation of the resources has been removed from the long section as it is now not known where, or even if, this sub-vertical fault zone will actually intersect the mineralised horizon.
The SOP290D intersection will have a very significant positive impact on resources in the vicinity of the intersection, having thrown wide open the overall potential of this area at Lae Jehe. It is anticipated that a revised resources estimate will be announced immediately following receipt of the awaited assay results... - Web Site
Ceasing to be a substantial holder from ANZ - Web Site
GROWLER FIELD EXTENDED PRODUCTION TEST UPDATE: 14
THE GROWLER OILFIELD DEVELOPMENT PEL 104 JV, COOPER BASIN, SOUTH AUSTRALIA
The Growler Oilfield Development Plan consists of many phases.
The first phase, which involved the construction of a 22 kilometre production road, construction of central gathering facilities, plus the tie in of Growler-1 & 2 wells to the central facilities was completed in March.
The final step involved the installation of pumps on both wells, put the pumps into operation and begin the Extended Production Test (ETP) to gain knowledge of the wells' output and the reservoir properties and production commenced in mid March and the field has now been onstream for over two months.
The EPT which was originally planed for 100 days may be extended to 150 days, from which we will gain sufficient data to proceed to a full Growler Development.
The benefit from the EPT is not only the knowledge gained about the reservoir extent and deliverability, but also the side benefit of cashflow, especially at current $US126.00 per barrel prices.
Growler Extended Production Test (EPT)
Growler 1 & 2 both came on to natural flow production on 13 March 2008.
Growler-2 was placed on pump production on 26 March 2008. Growler-1 was placed on pump production on 4 April 2008.
The combined pumps are currently producing on average 200 barrels of oil per day as shown on the chart and to date the Growler Oilfield has produced over 11,000 barrels of oil. As advised by the Operator, Victoria Petroleum NL, production is primarily constrained by the pump configuration.... - Web Site
NACHINGWEA NICKEL JV TO UNDERTAKE EXPANDED 2008 EXPLORATION PROGRAM
IMX Resources NL (ASX : IXR) is pleased to advise that the Nachingwea Joint Venture will undertake an expanded Cdn$7 million 2008 exploration program to follow-up the exciting 2007 exploration results at the Tanzanian nickel - copper project.
Joint Venture partner Continental Nickel Limited (TSXV:CNI), in which IMX Resources has a substantial shareholding of 47.6%, is the operator of the joint venture and is funding the exploration.
The expanded exploration program will commence next month. It will include diamond drilling (12,500 to 15,000 metres), a regional airborne magnetic and EM survey (5,000 line kilometres), ground EM surveys, geological mapping and geochemical sampling. The work program will focus on detailed drill testing in the Ntaka intrusion area to evaluate the recently discovered mineralized zones for potential resources, and allow for continued target testing aimed at identifying additional zones of mineralization. Exploration activities will also be initiated to evaluate and prioritise new target areas identified by the 2007 airborne VTEM survey for drill testing in 2008.
Diamond drilling will commence towards the end of June with first drill assay results are expected by September. Approvals for the airborne survey are in progress with the survey scheduled to begin in June. - Web Site
JPR completes $7.6 million capital raising - Web Site
Completion of Escrow Period - Web Site
Appendix 3B - Exercise of Options - Web Site
Stockbrokers Research Report - Web Site
Results of Meeting - Web Site
SHAREHOLDER UPDATE - Web Site
EDS: EDMS signs new drilling contracts in QLD and SA - Web Site
Investor Series Brochure - Web Site
Appendix 3B - Web Site
High Grade Diamond Drill Intercept. Tengrela Gold Project, Ivory Coast
Highlights
Appendix 3B - Exercise of Options - Web Site
Appendix 3B - Web Site
Trading Halt - Web Site
Release of Escrowed Securities - Web Site
Change of Director`s Interest Notice - Web Site
Ceasing to be a substantial holder from ANZ - Web Site
Correction to 16 May 2008 Announcement - Web Site
Change of Director`s Interest Notice - Web Site
Form 603 - Notice of Initial Substantial Holder - Web Site
Non Renounceable Issue Appendix 3B - Web Site
ABG preferred technical supplier for offshore plant - Web Site
Change in substantial holding from ARQ - Web Site
Change of Directors Interest Notice - Web Site
Bidder`s Statement - Web Site
Notice of Extraordinary General Meeting/Proxy Form
Results of Meeting - Web Site
Change of Director`s Interest Notice - Web Site
HER: Excellent Intersection at Lae Jehe - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Advances in Tasmanian Joint Venture Exploration - Web Site
Bond conversion 3A, rights issue and Appendix 3B update - Web Site
Results of AGM - Web Site
Appendix 3B - Web Site
Response to ASX Share Price Query - Web Site
Final Director`s Interest Notice - Web Site
Completes 100% Acquisition of Yuinmery Project - Web Site
ETE ASX App 3Y - Sandover - Change of Int - Web Site
Notice of General Meeting/Proxy Form - Web Site
Drilling Report No. 12 East Wing-1 Well at 0600 hours - PEP 168 Otway Basin Victoria
Essential Petroleum Resources Limited (ASX: EPR) advises that the sidetracking of the East Wing-1 operation was initiated on Sunday 18 May 2008 from a plugged-back depth of 1363m. At 0600 this morning the well was at 1434m and drilling ahead in the Paaratte Formation. The planned well trajectory is to maintain an angle of 3 to 6 degrees from vertical.
Essential Petroleum owns 100% of the PEP 168 permit. - Web Site
Billion Barrel Prospect Offshore West Africa
Senegal Exploration Summary
HEM: EM Survey Identifies Strong Anomaly - Web Site
Change of Director`s Interest Notice - Web Site
Director Appointment/Resignation - Web Site
Notice of General Meeting/Proxy Form - Web Site
Appendix 3B - Web Site
Drilling Commences at Tonghe - Web Site
Change to New Standard Energy Board - Web Site
Salt Creek Extended to One Kilometre of Strike - Web Site
UEQ:Progress Report - Drilling to Commence on Watson Project - Web Site
Appendix 3B - Web Site
Initial Director`s Interest Notice - Web Site
Mt Forrest Iron Exploration Update - Web Site
Release of Securities from Escrow - Web Site
Chairman`s Letter to SPP Allottees - Web Site
Section 708A Notice - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Detailed Sampling Results From Geochemical Sampling Programs in Malawi
These two sampling programs comprised the collection of 26 rock chip samples, 68 stream sediment samples and 14 pan concentrates from river channels in the Emoneni target area of the Mzimba NorthWest Exclusive Prospecting License ("EPL"). The Chitunde EPLcomprised the collection of 58 rock chip samples from the 196km2 project area.- Web Site
PDM Broadcast - Frogmore Copper and Cloncurry Project update - Web Site
Becoming a substantial holder - Web Site
Pike River Tunnel Advances - Web Site
Ceasing to be a substantial holder - Web Site
Record daily gas production - Web Site
Rule 2.10 of the City Code disclosure 16May08 - Web Site
ITC: Growler Oilfield Development Update
Updated corporate presentation - Web Site
JOGMEC formally commits to Adelaide explorer's US$4.5 million Joint Venture in Cambodia
The large Japanese government organisation, JOGMEC, has formally committed to a US$4.5 million Joint Venture with Adelaide's Southern Gold Limited (ASX:SAU) to accelerate exploration on three Cambodian gold and base metal projects…. - Web Site
Change of Director`s Interest Notice - Web Site
Results of Meeting - Web Site
Iron Ore Update - Web Site
Change in substantial holding for TMX - Web Site
Notice of Substantial Shareholding - Web Site
West Wits Mining Ltd - Investor Presentation - May 2008 - Web Site
Bob McNeil Appointed Chief Executive Officer
Mr Garry Edwards has resigned as Chief Executive Officer (CEO) for Macmin Silver Ltd. Mr Edwards feels that the ongoing development of the Twin Hills Mine requires a CEO with broader mining and technical experience.
Mr Edwards served as Chief Financial Officer (CFO) from 1995 to 2007 and the Board would like to thank Garry for his considerable efforts and dedication over the past twelve years on behalf of Macmin including his time as CEO.
Bob McNeil, currently Chairman, has assumed the role of Executive Chairman and CEO until a permanent appointment is completed. He will be assisted by Denis O'Neill and Garry Edwards over the coming few months to fulfil this role.
Ian Gibson, currently General Manager, Twin Hills Silver Mine Project, has been promoted to Chief Operating Officer with full authority over the Twin Hills Silver Mine Project. Mr Gibson will report directly to Bob McNeil, or in his absence to Denis O'Neill. - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Kennedy-1H Operational Update - Web Site
Iron Road Limited Further Update - Web Site
South Autralian Premier puts weight behind Four Mile Project
Highlights
...Quasar is an affiliate of Heathgate Resources Pty Ltd, which owns and operates the Beverley Uranium Mine, located immediately east of the Four Mile Project. ..... - Web Site
Chairman`s Address to Shareholders - Web Site
Kennedy No 1 - Operational Update - Web Site
Operations Update - Web Site
Appendix 3B - Web Site
Kimberley Metals -Despatch of Holding Statements - Web Site
Appendix 3B - Conversion of listed options - Web Site
Profit Downgrade - Web Site
Resignation of director - Web Site
Capital Raising Completed - Web Site
Yellow Rock Resources - Gabanintha Vanadium - Web Site
Becoming a substantial holder - Web Site
Crocus South 1 Drilling Report 16 May 2008 - Web Site
Crocus South 1 Drilling Report 19 May 2008 - Web Site
Request for trading halt - Web Site
Joint Venture Fund Exploration on Wanilla Iron Ore Project - Web Site
News release re rights issue - Web Site
Rights Issue Prospectus - Web Site
Rights Issue letter to security holders - Web Site
Appendix 3B - Web Site
Suspension from Official Quotation - Web Site
Reinstatement to Official Quotation - Web Site
Reinstatement to Official Quotation - Web Site
Further Gold intersections at Plumridge - Web Site
Appendix 3B - Web Site
New USA High-Grade Uranium-Molybdenum Project
KEY POINTS
Kennecott Utah Copper Site Visit_Andrew Harding 16May08 - Web Site
Kennecott Utah Copper Site Visit_Tom Albanese 16May08 - Web Site
Rox Commences Drilling at Reward Project, NT - Web Site
First Mineral Resource Statement for Mbalam Project - Web Site
Sino Gold not impacted by Earthquake: supports relief effort - Web Site
Tamaya Share Purchase Plan Closing Date 26 May 2008 - Web Site
Zedex Bau Gold Project - New JORC Estimate - Sirenggok - Web Site
Joint venture over mineral tenements in Sweden - Web Site
Certification of Interim Filings CFO - TSX - Web Site
Certification of Interim Filings CEO - TSX - Web Site
Management`s Discussion and Analysis @ 31/03/08 - TSX - Web Site
Notice of Change of Substantial Holder from EVE - Web Site
Purchase of shares - Web Site
Change in substantial holding from ZFX - Web Site
Atlas welcomes successful commissioning of FMG port - Web Site
Jarra Resources Ltd Takeover App3B - Web Site
Quarterly Cashflow Report - Web Site
Ceasing to be a substantial holder - Web Site
Director Appointment/Resignation
RELEASE OF SHARES FROM ESCROW - Web Site
Notice of ceasing to be a substantial shareholder for CTS - Web Site
Change of Director`s Interest Notice x 3 - Web Site
Appendix 3B - Web Site
Significant Progress at West Roxby - Web Site
Balla Balla Phosphate Potential - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Exercise of Options - Web Site
Pompano Reserves and Increased Production - Web Site
Supplementary Notice of General Meeting - Web Site
Notice of General Meeting and Explanatory Statement - Web Site
Change in substantial holding - Web Site
Positive CSG Results from ATP854P - Web Site
Shares and Options Released from Escrow - Web Site
CRB:Significant Intersections Advance West Kal Project - Web Site
Update on Sale of Ruighoek Chrome Project - Web Site
Change of Director`s Interest Notice - Web Site
Drilling Activity Report
Drilling
COG Mailisu III #5 spudded on May 14 at 16.30hrs (Location Map - Figure 1). The well is located to test the limestone Beds V & VII at depths of approximately 650-670m GL.
Completions
COG Mailisu III # 3. Perforations have been run over Bed Vb, which flowed water to surface at a rate of about 25m3 per day. The presence of water and strength of flow could be related to the proximity of a fault which was intersected during the drilling. The oil which was seen flowing during drilling is likely to come from Bed Va, which will be tested once the lower zone is shut-off.
COG Mailisu III #4. Bed VIIa has been perforated in this well and swabbing has recovered oil. Beds Va & Vb, which recorded good oil shows while drilling, will now be perforated. Following this operation, the well will be acidized and put into a production test.- Web Site
Ceasing to be a substantial holder - Web Site
Unquoted Options Lapsed - Web Site
Drilling Update Dargues Reef Gold Deposit - Web Site
Change of Address - Web Site
160508 Award of SPA 7/04-5 - Web Site
Weekly Drilling Report Cobra -1A 16th May 2008 - Web Site
MXX: CopperCo`s Shareholders Approve Merger - Web Site
Results of General Meeting - Web Site
US$1.1 billion Project Funding - Web Site
Appendix 3B - Second Placement of Rights Issue Shortfall - Web Site
Results of Meeting - Web Site
Further Drill Success at Svartliden Gold Mine, Sweden - Web Site
Multiple Base Metal and Uranium Targets at Minnie Creek - Web Site
Broker Presentation - Web Site
Notice of General Meeting/Proxy Form - Web Site
Scheme of Arrangement Confirmation of Key Dates - Web Site
Chairman`s Address to Shareholders - Web Site
Appendix 3B - Exercise of options - Web Site
PEP 168 East Wing-1 Drilling Report No. 11 - Web Site
Change of Director`s Interest Notice - Web Site
Exoma increases revenue 90% adds additional acreage - Web Site
AGM presentation - Web Site
Results of Annual General Meeting - Web Site
Glory Road 1 Final Report - Web Site
Operations Update - Web Site
SHARE PURCHASE PLAN OFFER CLOSURE AND SHORTFALL NOTIFICATION
Frontier Resources Limited (ASX Code FNT) advises that the recent Share Purchase Plan Offer closed on 16 May 2008. The results of the SPP Offer are as follows:
Total number of Shares on offer: 40,074,565
Total number of options validly applied for: 11,667,399
Number of applications received : 258
Funds raised under SPP : $991,728
Pro-rata shortfall: 1,727,271
The issue is not underwritten and the Shortfall may be distributed according to the Share Purchase Plan. - Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
Drilling update at Bullseye Prospect - Web Site
Shares Released from Escrow - Web Site
Appendix 3B - Release from Escrow - Web Site
Becoming a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
Response to ASX Query - Web Site
First Quarter 2008 Management`s Discussion and Analysis - Web Site
Change in substantial holding - Web Site
Rights Issue Closes - Web Site
Becoming a substantial holder - Web Site
Appendix 3Y - Web Site
Sale of Mt Lucy Ore Prospect - Web Site
Appendix 3B - New Issue Announcement - Web Site
Change of Director`s Interest Notice - Barry Bolitho - Web Site
Appendix 3B - Web Site
Withdrawal Notice of Meeting - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - J. William Phillips - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Request for Voluntary Suspension - Web Site
Suspension from Official Quotation - Web Site
Riflebird-E14 Third Zone Tested - Web Site
Appendix 3Y Releases - Web Site
Planning Approval for UK Drilling - Web Site
Investor Presentation - 16 May 2008 - Web Site
Expiry of Escrow Period - Web Site
Release of Securities from Escrow - Web Site
Audio Broadcast with Mr Lan Nguyen - Web Site
Drilling Commences on Musgrave Tenements - Web Site
Appendix 3Y - Change of Director`s Interest Notice (x4) - Web Site
Appendix 3B Unlisted Options Exercised - Web Site
Market Update - Projects Drilling and Opes Prime - Web Site
Section 708A Notice - Web Site
Clarification Crude oil excise condensate exemption - Web Site
Ceasing to be a substantial holder from ANZ - Web Site
Appendix 3B - Web Site
Open Briefing OceanaGold CEO Explains Upside from Didipio - Web Site
Appendix 3B - Web Site
New Chinese Corrosion Engineering Contract
Investor Series Presentation - Web Site
Change of Director`s Interest Notice - Web Site
Correction of timing for the Third Quarter Conference Call - Web Site
Appendix 3B Issue of Shares on Option Exercise - Web Site
Appendix 3Y - Web Site
Notice of General Meeting/Proxy Form - Web Site
Drilling begins on third Raven Well - Web Site
First Ore Fed Into Treatment Plant - Web Site
EP97 Farmin by Great Southern Gas - Web Site
Investor Presentation - Competent Persons Statement - Web Site
Appendix 3B Options Listing - Web Site
Rule 2.10 of the City Code disclosure 15May08 - Web Site
Change of Director`s Interest Notice - Web Site
Release of Securities Subject to Escrow - Web Site
Company update on Tenements - Web Site
Excellent oil shows in horizontal well at North San Ardo - Web Site
FORM 604 CHANGE OF INTERESTS OF SUB-HOLDER - Web Site
Placement - Web Site
Appendix 3Y - Web Site
JMS: Formal Agreement to Acquire Iron Ore Rights at Pardoo - Web Site
High Grade Silver Intersected, Scoping Study to Begin. - Web Site
Marley-2 Exploration Well - Web Site
AGM Voting Results - Web Site
Boardroom Radio AGM Broadcast - Web Site
Drilling Commences at Gold Mountain - Web Site
Requisition for a General Meeting - Web Site
Final Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
March 2008 Financials and MDA - TSX - Web Site
Appendix 3B - Web Site
Universal Resources Limited Broadcast - Web Site
Tempest survey identifies major coincident uranium anomalies - Web Site
Initial Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3Y x3 - Web Site
Curragh Coal Prices - Web Site
Appointment of Managing Director - Web Site
DRILLING COMMENCES AT TITIRIBI PROJECT IN COLUMBIA - Web Site
ROBUST SCOPING STUDY SUPPORTS OPEN PIT MINE AT SPOTTED QUOLL - Web Site
Change of Share Registrar - Web Site
Trading Halt - Web Site
Trading Halt - Web Site
Change of Director`s Interest Notice - Web Site
Zinifex makes new discovery on Tasmania`s West Coast - Web Site
Change of Address - Web Site
|
Friday 16 May 2008 (Close of Business - New York)
|
||||||||
| All Ords | 6006.1 | +41.2 | Dow Jones | 12,986.80 | -5.86 | |||
| ASX100 | 4801.4 | +32.6 | S&P 500 | 1425.35 | +1.78 | |||
| ASX200 | 5931.0 | +40.3 | Nasdaq | 2528.85 | -4.88 | |||
| ASX300 | 5933.0 | +40.1 | NYSE Volume ('000) | 3,842,578 | ||||
| Materials (Sector) | 17,083.5 | +249.0 | US 10-Year Bond | 3.850% | +0.007 | |||
| All Ords Gold (Sub Industry) | 5698.5 | +111.4 | Gold - spot/oz | US$901.60 | +20.60 | |||
| Metals & Mining (Industry) | 6036.8 | +90.0 | Silver - spot/oz | US$16.94 | +0.29 | |||
| Energy (Sector) | 18,611.5 | +160.4 | Platinum - spot | US$2128.00 | +47.00 | |||
| Shanghai Composite | 3624.2 | -13.1 | Palladium - spot | US$447.00 | +9.00 | |||
| Hang Seng | 25,618.9 | +105.2 | Uranium - spot US$/lb | US60.00 | unch | |||
| India BSE 30 | 17,434.9 | +81.4 | Reuters-CRB Index (CCI) | 548.06 | +4.91 | |||
| Jakarta Composite | 2468.8 | +19.0 | Light Crude (NYM - $US per bbl.) | US$126.29 | +2.17 | |||
| Nikkei | 14,219.5 | -32.3 | Natural Gas (NYM - $US/mmbtu) | US$11.26 | -0.30 | |||
| Taiwan Weighted | 9197.4 | +40.2 | Copper (LME - spot $US/tonne) | 8584 | +157 | |||
| FTSE 100 | 6304.3 | +52.5 | Lead (LME - spot $US/tonne) | 2349 | +84 | |||
| German DAX | 7156.6 | +75.5 | Zinc (LME - spot $US/tonne) | 2330 | +35 | |||
| A$ = US95.58 | +1.52 | Nickel (LME - spot $US/tonne) | 26,450 | +100 | ||||
| A$ = 99.63yen | +1.09 | Aluminium (LME - spot $US/tonne) | 3004 | +31 | ||||
| A$ = 0.614Euro | +0.005 | Tin (LME - spot $US/tonne) | 24,610 | -840 | ||||
| A$ = 0.489GBP | +0.006 | Sydney Futures Exchange - SPI | 5983 | +30 | ||||
| Click on Links to Access Charts | ||||||||
![[ Back To Australian Mining and Exploration Site ]](../AustMiningBackto.gif)
Disclaimer:
The information contained in these pages serves as a guide only. Digital Reflections shall not be liable for any accidents, injury, irregularity, loss or damage caused by or arising as a result of information contained within this World Wide Web site.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_auoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_auoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-copper-30d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-lead-30d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-zinc-30d.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-nickel-30d.gif)