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Company News
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Friday 27 June 2008 (Close of Business - New York)
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| All Ords | 5349.4 | -72.1 | Dow Jones | 11,346.51 | -106.91 | |||||||
| ASX100 | 4241.5 | -50.1 | S&P 500 | 1278.38 | -4.77 | |||||||
| ASX200 | 5237.0 | -70.0 | Nasdaq | 2315.63 | -5.74 | |||||||
| ASX300 | 5238.2 | -73.0 | NYSE Volume ('000) | 6,192,777 | ||||||||
| Materials (Sector) | 15,475.1 | -190.0 | US 10-Year Bond | 3.990% | -0.043 | |||||||
| All Ords Gold (Sub Industry) | 5310.9 | +279.9 | Gold - spot/oz | US$926.80 | +10.00 | |||||||
| Metals & Mining (Industry) | 5463.0 | -81.3 | Silver - spot/oz | US$17.48 | +0.34 | |||||||
| Energy (Sector) | 19,883.6 | +99.3 | Platinum - spot | US$2042.00 | -11.00 | |||||||
| Shanghai Composite | 2748.4 | -153.4 | Palladium - spot | US$466.00 | +1.00 | |||||||
| Hang Seng | 22,042.4 | -413.3 | Uranium - spot US$/lb | US57.00 | unch | |||||||
| India BSE 30 | 13,802.2 | -619.6 | Reuters-CRB Index (CCI) | 571.90 | na | |||||||
| Jakarta Composite | 2332.1 | -18.8 | Light Crude (NYM - $US per bbl.) | US$140.21 | +0.57 | |||||||
| Nikkei | 13,544.4 | -278.0 | Natural Gas (NYM - $US/mmbtu) | US$13.20 | -0.05 | |||||||
| Taiwan Weighted | 7548.8 | -263.0 | Copper (LME - spot $US/tonne) | 8727 | +113 | |||||||
| FTSE 100 | 5529.9 | +11.7 | Lead (LME - spot $US/tonne) | 1790 | -23 | |||||||
| German DAX | 6421.9 | -37.7 | Zinc (LME - spot $US/tonne) | 1923 | -30 | |||||||
| A$ = US96.04 | +0.46 | Nickel (LME - spot $US/tonne) | 21,645 | -425 | ||||||||
| A$ = 101.91yen | -0.23 | Aluminium (LME - spot $US/tonne) | 3075 | +23 | ||||||||
| A$ = 0.608Euro | +0.001 | Tin (LME - spot $US/tonne) | 23,370 | +50 | ||||||||
| A$ = 0.482GBP | +0.001 | Sydney Futures Exchange - SPI | 5258 | -4 | ||||||||
| Click on Links to Access Charts | ||||||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
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Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis.
Declining issues outnumbered advancers by about 3 to 2 Friday on the New York Stock Exchange, where volume came to 1.4 billion shares.
For the week, the Dow gave up 4.19 percent, the S&P shed 3 percent and the Nasdaq fell 3.76 percent.
Investors again contended Friday with a seemingly relentless stream of troubling news about the financial sector. Moody's Investors Service said it is reviewing investment bank Morgan Stanley for a possible downgrade. There were also more reports that Merrill Lynch & Co. might have to write off nearly $6 billion of risky mortgage-backed debt.
Crude oil rose above $142 a barrel for the first time as falling stock markets spurred investment in commodities.
The price of copper rose to a two-month high in New York futures trade on Friday as a weaker US dollar, falling warehouse stocks, and possible labor issues in Peru helped provide the underpinnings for the stronger price action.
Gold rose to the highest price in a month as record energy costs boost demand for the precious metal as a hedge against inflation. Silver also gained.
Notice of General Meeting - Web Site
Ceasing to be a substantial holder - Web Site
Section 708A(5)(e) Notice - Web Site
Directors Interest - Web Site
First Drilling Intersects Significant Gold at Kambalda West - Web Site
Secondary Trading Notice - Web Site
Notice of General Meeting/Proxy Form - Web Site
Ceasing to be a substantial holder - Web Site
Board Changes - Web Site
Close of Offer and Appendix 3B - Web Site
Appendix 3B - Web Site
Initial Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Notice under Section 708A(5) - Web Site
Shareholder Letter - Herald Directors Recommendation - Web Site
Becoming a substantial holder for SXG - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Issue of Shares on Exercise of Listed Options - Web Site
Non-Renounceable Issue - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B and s708A Notice - Web Site
OceanaGold Announces Release of Technical Report NI 43-101
....... Project Summary
At a 10% discount rate, the NPV of the Didipio Gold-Copper project is estimated at US$58 million. The payback period for the project is expected to be 7 years with an IRR of 13%...... - Web Site
Further re-release of Presentation to UBS Conference - Web Site
Change of Director`s Interest Notice
Appendix 3B
Despatch of Bidder`s Statement - Web Site
Change in substantial holding - Doughty - Web Site
Ceasing to be a substantial holder Adams - Web Site
ENTRY OF RESTRICTED SECURITIES INTO ESCROW REGISTER - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
MARLEY-2 EXPLORATION WELL UPDATE
Tap Oil Limited ("Tap") provides the following information for the 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 control and hole problems over the last several weeks have caused delays which ultimately led to running the 178 mm liner to ensure that the well objectives could be reached. Running the 178 mm liner not only added to schedule delays, the current 152.4mm (6 inch) drill bit also leads to slower drilling penetration rates.
Marley-2 is currently drilling at a depth of 3,851 mTVD. The well has drilled approximately 100 m into the main objective, with indications of gas and reservoir sands observed. However, the log suite is incomplete and a full evaluation will only be available when the well reaches its total well depth programmed at 4,100 mTVD. This is anticipated to take approximately 5 days.
Tap Comment
The results of Marely-2 are encouraging but preliminary at this stage. An assessment of the target section with wireline tools will be required in order to ascertain if a gas reservoir has in fact been encountered. - Web Site
Acquisition of EL 3523 Mount Miccollo South Aust - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appointment of Director - Web Site
OVERSUBSCRIPTION OF THE ADS RIGHTS OFFER - Web Site
Exception lodged in respect of case of Thembekile Mankayi upheld
The Johannesburg High Court ruled today that the exception lodged by AngloGold Ashanti in respect of Mr Thembekile Mankayi's claim for damages against the company has been upheld.
Mr Mankayi had lodged a R2.7m claim in respect of occupational lung disease allegedly sustained during his employment at AngloGold Ashanti's then Vaal Reefs mine in the 1990s.
First and foremost, we would like to express our sympathy to Mr Mankayi's in respect of his ill health, and wish him well.
The finding confirms that employees who qualify for benefits in respect of the Occupational Diseases in Mines and Works Act (ODMWA) may not, in addition, lodge civil claims against their employers in respect of their relevant conditions. - Web Site
Change of Director`s Interest Notice - Web Site
Park City Operations Report - Web Site
Change of Company Name and ASX Code
Final Director`s Interest Notice - Web Site
Letter to Shareholders - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Appendix 3Y Change of director interest notice - Web Site
Appendix 3Y change of director interest - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Kyrgyzstan Joint Venture Agreement - Web Site
TCM: Dynasty/Tiaro Coal Joint Venture - Web Site
Results of Meeting - Web Site
Disclosure Document
Progress Report - Web Site
Company Update - Web Site
Senior Project Co-ordinator Appointed
We are pleased to announce the appointment of Steven Chadwick as Gippsland's Senior Project Coordinator to oversee the detailed engineering, construction and commissioning phases of the Company's 40 million tonne Abu Dabbab tantalum tin project in Egypt.
Steven brings a wealth of knowledge to the Company as it moves towards being a dominant force in the global tantalum industry. His practical experience will be most valuable in ensuring that Abu Dabbab moves towards production quickly in the most cost effective manner. Steven will be joined by additional high-calibre personnel during the months ahead. - Web Site
PLACING OF SHARES
Gippsland Limited (ASX & AIM: "GIP") today announces that it has completed a placing of 12,655,553 million fully paid ordinary shares ("Placing Shares") to UK institutional investors at a price of 4.5 pence (approximately 9.35 Australian cents) per ordinary share to raise the sum of UK£569,500 (approximately A$1,172,515) before costs and expenses ("Placing"). The Placing was undertaken by the Company's joint UK brokers Seymour Pierce Limited and Fox-Davies Capital Limited.
The Placing Shares will rank pari passu with all existing fully paid ordinary shares in the Company. Application has been made for the Placing Shares to be admitted to trading on AIM and the Australian Stock Exchange with trading expected to commence on 1 July 2008. The total number of ordinary shares on issue following admission will be 306,354,325.
The funds raised under the Placing will be used for working capital purposes and for the further development of the Company's 40 million tonne Abu Dabbab tantalum-tin project. - Web Site
Golden Rim To Acquire Highly Prospective Mali Gold Project - Web Site
Geophysical Survey Reveals Gold Targets - Web Site
Appendix 3B - Staff Options Exercised - Web Site
Positioned for Growth - Web Site
Appendix 3B - Exercise of MOSO Options - Web Site
Appendix 3B - Web Site
Momoho Exploration Well Disclosure Notice
New Zealand Oil & Gas Ltd (NZOG) advises that as at 2.00pm on 25 June, the following operations have been completed on Momoho 1:
Over the coming week, the rig is expected to complete drilling the 17 inch hole section and run the 13 ⅜ inch casing.
Momoho is an exploration well 6 kms southeast of the Kupe central field, off the coast of South Taranaki. - Web Site
OceanaGold Technical Report NI 43-101 - Web Site
ATO Ruling on Zinifex/Oxiana Scheme of Arrangement - Web Site
Change in substantial holding - Web Site
Oriva Federal Farmout Agreement - Web Site
Portman Limited completes $143.3 Million off market Share Buy Back - Web Site
Portman Limited (PMM) Comments on Rio Tinto Price Settlement
Following the recent announcement by Rio Tinto Limited that Hamersley Iron had reached agreement with China's Baosteel on the price for Hamersley fine and lump ores for the contract year 1 April 2008, Portman Limited is notifying its existing Chinese customers that fine and lump ore prices will increase by 79.88% and 96.50% respectively from the 2007 price, commencing 1 January 2008 or 1 April 2008 depending on the relevant contract year. - Web Site
Quarterly Cashflow Report - Web Site
Section 708A notice - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
Results of Meeting - Web Site
NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Hunter Exploration Update
Corehole Drilling
Sydney Gas Ltd (SGL) is pleased to advise that its Hunter exploration activities continued during the current financial quarter as planned. Following the drilling of the corehole HC05 in PEL267, corehole HC06 was spudded on 26 March 2008 which is located in Petroleum Exploration Licence 4 (PEL 4), 3.4km south-west of the town of Howes Valley and 7.8km north-west of Noisey Point.
Corehole HC06 has been drilled to a total depth of 996m and intersected coal seams within the Upper Permian Newcastle Coal Measures with net coal of 35m. The well was plugged and abandoned on 11 June 2008, following the logging of geophysical data for lithology identification. The sample cores from HC06 are currently undergoing the full desorption process to determine the gas content, gas composition and gas saturation values. This will enable the Joint Venture to ascertain the coal seam methane production potential of the respective seams in the Newcastle Coal Measures...... - Web Site
Details of Company Address - Web Site
Notice of Extraordinary General Meeting and Proxy Form - Web Site
Appendix 3B - Web Site
Results of Meeting - Web Site
Prospectus - Web Site
Notice under s630(4) of the Corporations Act - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
PIO: Nickel Sulphide Target Update for Golden Ridge JV - Web Site
DRILLING EXTENDS MINERALISATION BEYOND CURRENT RESOURCE AT WILUNA AND WILSONS
Following its recent commitment to develop the Wiluna and Wilsons gold projects, Apex Minerals NL (ASX: AXM) is pleased to announce further encouraging drilling results which continue to expand the known zones of mineralisation. These results have not yet been incorporated into existing reserves or resources.
Wiluna
A resource statement for the Calais area of the Wiluna project was announced on 27th May and an initial Probable Reserve based on the Indicated portion of this resource was announced on 23rd June 2008. Both of these statements were based on drilling undertaken to the end of April 2008.
Since this time, drilling has continued to infill the Inferred part of the Calais area resource in order to convert it to Indicated status, and has commenced defining extensions to the known mineralisation (Table 1). Drilling results indicate that the Burgundy zone extends further up and down plunge than previously known, and that the Henry5 and Henry5 North ore bodies may be part of a more continuous zone of mineralisation than previously realised. These results will form the basis of a revised mineral resource estimate to be undertaken in the September quarter.
Henry5 and Henry5 North
Drilling between the currently defined resource and reserve limits of the Henry5 and Henry5 North zones has intersected thick, high grade mineralisation in a previously untested area, close to planned development designed to link the Calais and Woodley declines (Figure 1). The two zones may be continuous. The intersection comprises:
Other new drill intersections not yet included in mineral resources or ore reserves at Henry5 and Henry5 North include:
Burgundy
Drilling beyond the limits of the currently defined resource and reserve at the Burgundy zone has shown that this zone continues up plunge to the south (Figure 2). Better results are summarised below:
Other new infill drill intersections not yet included in mineral resources at Burgundy include:
Exploration clarification - Web Site
Change of Director`s Interest Notice - Web Site
HAO: Notification of Substantial Holding - Web Site
MD`s Speech and Presentations in Brisbane - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B Issue of shares and options - Web Site
ACQUISITION OF INTEREST IN NORTH SHADWAN (GULF OF SUEZ) CONCESSION
On 30 May 2008, Beach Petroleum announced that it had entered into an agreement with Tri- Ocean Energy Company under which Beach will acquire a 20% interest in the North Shadwan Concession, located in the Gulf of Suez at a cost of US$110 million.
Beach is pleased to report a waiver of pre-emptive rights has been received from BP. The transaction is still subject to the approval of the Government of the Arab Republic of Egypt and the waiver of pre-emptive rights by the Egyptian General Petroleum Corporation.
The concession contains three undeveloped oil discoveries with Proved and Probable recoverable reserves of approximately 40 million barrels. Several attractive oil exploration prospects are also identified.... - Web Site
Appendix 3B - Web Site
Appendix 3B - New Issue Announcement - Amended - Web Site
Resource Update - Web Site
US Private Equity Deal Closed - Web Site
Pricing of shares to be allocated under the DRP - Web Site
First Half 2008 Profit Outlook - Web Site
Trading Halt - Web Site
Drilling to Commence at Downs East - Web Site
Change in substantial holding - Web Site
Further High Grade Copper-Gold Intersections from Yuinmery - Web Site
Sea Lake 1 Daily Update - Web Site
Replacement App3y for Andrew Forrest - Web Site
Presentation to Commsec Utilities Conference Sydney - Web Site
Company Presentation - Web Site
Option Entitlement Issue - Web Site
Geopacific trenches high gold soil area, Vuda, Fiji - Web Site
Step-out Drilling at Banfora Project - 8m@3.27g/t Gold - Web Site
Change in substantial holding - Web Site
Annual Report to shareholders - Web Site
IronClad Commences Pre-feasibility Study - Web Site
Encouraging Drilling Results, Blythe Project, Tasmania
Iron Mountain Mining Ltd (ASX code: IRM) is pleased to announce that a Reverse Circulation Drilling (RC) program to test magnetite targets at its Blythe Project in Tasmania, has been successful in encountering significant drill intersections of magnetite iron ore mineralisation. To date 27 holes totalling 1229m have been drilled in two areas. From geological logging of drill chips the drill intersections are up to 40 metres long and include massive and semi-massive to heavily disseminated magnetite mineralisation. Most intersections start from within a few metres of the surface...... - Web Site
Substantial Holder Notice for LST - Web Site
Maiden Percyvale Gold Resource - Web Site
Trading Halt - Web Site
Initial Payment for Framework Agreement - Web Site
Change in substantial holding - Web Site
Ceasing to be a substantial holder - Web Site
Becoming a substantial holder - Web Site
Boardroom Radio Audio Link - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
ALLUVIAL GOLD PRODUCTION TO RESULT FROM EXERCISING SELLHEIM OPTION
HIGHLIGHTS
FMS Intends to Exercise MXRO Options - Web Site
MAXIMUS MOVES TOWARDS FIRST MINE PRODUCTION AND MAIDEN CASH FLOW
Maximus Resources Limited (ASX: "MXR") expects to commence its first mine production and generate the company's maiden cash flow in the second half of the current calendar year.
The initial production and cash flow are forecast to come from the Company's 100% owned Sellheim gold project in north Queensland, with full scale alluvial gold output due to start in this year's December quarter.
Maximus announced today that it had exercised an option for full ownership of the Sellheim tenements which are located in the Drummond Basin region and contain 16,000 ounces of alluvial gold.
The resource does not include significant numbers of gold nuggets metal detected from the weathered bedrock beneath the alluvial layer during Maximus' previous exploration of the main mining lease in the tenement package.
The amount paid for the tenements, which include three granted mining leases and two exploration permit minerals, was $1.5 million. - Web Site
Becoming a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
Nexus commits to rig and equipment packages for Crux - Web Site
PanAust Completes First Sale of Copper-Gold Concentrate - Web Site
Becoming a substantial holder for RPM - Web Site
Management Team Appointments - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
FORM 604 CHANGE OF INTERESTS OF SUB HOLDER - Web Site
Becoming a substantial holder
Appendix 3B Application for Quotation of 78059 shares - Web Site
Ceasing to be a substantial holder - Web Site
SAMSON OIL & GAS LIMITED SELLS KAYE TEAPOT UNIT FOR US$500,000
Samson Oil & Gas Limited ("Samson") has executed and settled a Purchase and Sale Agreement with Finley Resources, Inc. in relation to its properties located in the Kaye Teapot Oil Unit in Converse and Niobrara Counties, Wyoming, for US$500,000. Samson had a 1.8% working interest in the field which has 81 producing wells. Samson disposed of the field as it represented a small working interest to the company. Samson will use the money to help to fund future exploration and drilling for the Company. The transaction closed on June 20th, 2008.- Web Site
Subzero 1 Drilling Report
Subzero 1 is currently pulling out of the hole to change the bit.- Web Site
Subzero 1 Drilling Report
Subzero 1 is currently drilling ahead in the Hutton Sandstone at 1788m.- Web Site
Operations Update USA - Web Site
Placement - Web Site
New Issue Announcement - Web Site
Appointment of General Manager - Exploration - Web Site
Marenica hardrock uranium discovery - Web Site
Appendix 3B - Web Site
Letter to Shareholders: Operations Update
Shareholders are advised that despite the very difficult socio-economic environment prevailing in Zimbabwe, Zimplats operations and the expansion project at Ngezi are operating satisfactorily.
Zimplats has recently experienced limited political activities at its operations. These activities however, have not impacted on the safety of personnel nor have had a material effect on company operations. To date authorities have responded positively to management requests and concerns. The company continues to monitor the situation closely with particular emphasis on the safety and security of its employees.
In the short to medium term, the major challenges remain the retention of skills, reliable power supplies and the rebuilding of the local supplier network. This latter issue is a direct result of the shrinkage of the economy and has created a situation where Zimplats has no option but to import practically all of its goods and services.
Zimplats remains committed to developing its assets in Zimbabwe and playing its role in rebuilding the economy for the benefit of the people of Zimbabwe.
In view of the highly unstable environment prevailing in Zimbabwe, shareholders are advised to continue to exercise caution in their share dealings. - Web Site
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Thursday 26 June 2008 (Close of Business - New York)
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| All Ords | 5421.5 | +58.4 | Dow Jones | 11,453.42 | -358.41 | |||
| ASX100 | 4291.6 | +59.2 | S&P 500 | 1283.15 | -38.82 | |||
| ASX200 | 5307.0 | +69.2 | Nasdaq | 2321.37 | -79.89 | |||
| ASX300 | 5311.2 | +67.2 | NYSE Volume ('000) | 5,276,070 | ||||
| Materials (Sector) | 15,665.1 | -10.6 | US 10-Year Bond | 4.033% | -0.082 | |||
| All Ords Gold (Sub Industry) | 5031.0 | -12.9 | Gold - spot/oz | US$916.80 | +31.50 | |||
| Metals & Mining (Industry) | 5544.3 | +7.3 | Silver - spot/oz | US$17.14 | +0.40 | |||
| Energy (Sector) | 19,784.3 | -2.0 | Platinum - spot | US$2053.00 | +50.00 | |||
| Shanghai Composite | 2901.9 | -3.2 | Palladium - spot | US$465.00 | +3.00 | |||
| Hang Seng | 22,455.7 | -179.5 | Uranium - spot US$/lb | US57.00 | unch | |||
| India BSE 30 | 14,447.3 | +227.3 | Reuters-CRB Index (CCI) | 571.90 | na | |||
| Jakarta Composite | 2350.9 | +9.5 | Light Crude (NYM - $US per bbl.) | US$139.64 | +5.09 | |||
| Nikkei | 13,822.3 | -7.6 | Natural Gas (NYM - $US/mmbtu) | US$13.25 | +0.38 | |||
| Taiwan Weighted | 7811.8 | -43.3 | Copper (LME - spot $US/tonne) | 8614 | +158 | |||
| FTSE 100 | 5518.2 | -147.9 | Lead (LME - spot $US/tonne) | 1813 | +35 | |||
| German DAX | 6459.6 | -158.2 | Zinc (LME - spot $US/tonne) | 1953 | +106 | |||
| A$ = US95.58 | -0.41 | Nickel (LME - spot $US/tonne) | 22,070 | +530 | ||||
| A$ = 102.24yen | -1.24 | Aluminium (LME - spot $US/tonne) | 3052 | +31 | ||||
| A$ = 0.607Euro | -0.006 | Tin (LME - spot $US/tonne) | 23,320 | +500 | ||||
| A$ = 0.481GBP | -0.005 | Sydney Futures Exchange - SPI | 5190 | -123 | ||||
| Click on Links to Access Charts | ||||||||
A barrage of bad news including yet another record high for oil drove stocks sharply lower Thursday, hurtling the Dow Jones industrials down nearly 360 points to their lowest level in almost two years.
The market also worried about fresh signs of trouble in the financial, high-tech and automotive industries. Negative analyst comments sent shares of General Motors Corp. stock to their lowest point in more than three decades.
Declining issues outnumbered advancers by about 6 to 1 on the New York Stock Exchange, where consolidated volume amounted to 5.11 billion shares, up from 4.72 billion shares on Wednesday.
Oil futures shot past $140 after the head of OPEC predicted the price of a barrel of crude could rise well over $150 this year and Libya said it may cut oil production.
The Dow and the S&P, which is off 18 percent from its highs of last fall, are close to the prolonged 20 percent decline that traditionally indicates a bear market. Many analysts would argue Wall Street has had a bear market mentality for months.
Copper gained for the first time this week as the slumping US dollar boosted demand for commodities as a hedge against inflation.
Gold surged the most in two years on speculation the Federal Reserve won't rush to raise borrowing costs to curb inflation. Silver jumped the most in two weeks.
Alcoa Issues 2007 Corporate Sustainability Highlight Report
Alcoa (NYSE:AA) today announced the release of its 2007 Corporate Sustainability Highlights, which details the company's global environmental, social and economic performance and shows how sustainability is integrated into all aspects of our business. The report is available on line in the Sustainability section - Web Site
Aura's first drilling programme in the Gunbarrel Basin identifies anomalous uranium in prospective host carbonaceous sands
Radiometric anomalies 25 kilometres upstream of the Ponton uranium deposit
The Gunbarrel Joint Venture between Aura Energy Ltd (ASX code: AEE) and the Toronto listed Mega Uranium Inc (TSX code MGA) has obtained encouraging results in its Stage 1 reconnaissance drill testing for sandstone-hosted uranium within palaeochannels in the Gunbarrel Basin. Aura is the operator of the Joint Venture...... - Web Site
Annual General Meeting Release - Web Site
Extension of Takeover Bid Offer Period - Web Site
Close of Entitlements Issue - Undersubscribed - Web Site
Change of AIM Broker and Nominated Advisor - Web Site
Ruighoek Chrome Project Sale Process - Web Site
Muremera Nickel Project Proceeds to Phase 2 - Web Site
Appointment of Geologist and Exploration Update - Web Site
Boardroomradio Broadcast with Michael Anderson - Web Site
Results of EGM - Web Site
Change in substantial holding - Web Site
Final Director`s Interest Notice - Web Site
GBM board changes - Web Site
Change of Director`s Interest Notice - Web Site
Auction Lots - Web Site
REQUISITIONED GENERAL MEETING 24 JULY 2008 - Web Site
Full Year Statutory Accounts - Web Site
Appendix 3B - Issue of Debentures and Options - Web Site
Suspension from Official Quotation - Web Site
Change of Director`s Interest Notice - Web Site
New Canegrass Drilling Update - Web Site
ASIC Form 484 - Cancellation of Shares - Web Site
Notice of General Meeting/Proxy Form - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Ceasing to be a substantial holder from AMP - Web Site
Drilling Underway at Prairie Downs Project
Prairie Downs Metals Limited is pleased to announce that a diamond drill rig has arrived at its namesake project and is expected to commence drilling today. The initial drill target is the Costean Seven copper prospect. An RC drill rig is also expected on site next month.
A 20,000 metre drill program has been planned to test recent copper discoveries with the objective of defining an inaugural copper resource. It will also test strike and depth extensions to the existing zinc/lead resource and other exploration targets yet to be drilled, including Anomaly A.
The Company anticipates it will continue drilling at Prairie Downs with at least two drill rigs until the end of the year. Regular progress reports will be released as the program continues. - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change in Number of Securities Not Quoted on ASX - Web Site
Appendix 3B - Employee Option Plan - Web Site
Cancellation of Employee Options - Web Site
Change of Director`s Interest Notice - Web Site
CTP: 260608 Drilling Schedule Update - Web Site
Funding Package - Web Site
Change in substantial holding - Web Site
Appendix 3Y - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Amended Change of Director`s Interest Notice - Web Site
Amended Change of Director`s Interest Notice - Web Site
Despatch of Rights Issue Prospectus - Web Site
Form 604 - Change in substantial holding - Web Site
Annual Report to shareholders - Web Site
Panaegis moves to 100% of Nagambie Gold Project
Panaegis (ASX: PAU) is pleased to announce that an agreement has been entered into between the Company and Perseverance Mining Pty Ltd (PSV), a wholly owned subsidiary of Northgate Minerals Corporation, whereby Panaegis and PSV have agreed to terminate the existing Joint Venture over the Victorian tenements MIN 5412 (held by PSV) and ELs 4718 & 4887 (held by Panaegis). Following completion under the agreement Panaegis will hold a 100% interest in ELs 4718 & 4887 and MIN 5412. PSV has also agreed to transfer to Panaegis freehold property totalling 187.25 hectares (including all buildings and chattels) within MIN 5412 known as 726 Ballantynes Road, Nagambie. Completion is conditional on receipt of Ministerial consent to the transfer of MIN 5412.
In respect of MIN 5412, the terms of the agreement include Panaegis accepting, from completion full responsibility for compliance with the Mineral Resources (Sustainable Development) Act 1990 and with the terms and conditions under which MIN 5412 has been granted. Panaegis will assume full responsibility for the environmental rehabilitation bond.
MIN 5412 is a 763 hectare Mining Licence which includes the Nagambie Mine which was worked from 1990 to 1997 and produced 134,774 ozs of gold from the heap leaching of 7,311,123 tonnes of ore mined from two adjacent open pits.
Panaegis intends to drill out the near-surface oxide gold mineralisation between and along strike of the two open pits as soon as possible with a view to re-commencing mining and heap leaching operations given the current high gold price relative to the gold price in the 1990's.
The acquisition of 100% of MIN 5412 is also important in a regional ore treatment sense for Panaegis as the Company has other shallow oxide gold targets within economic trucking distance of Nagambie at Redcastle, Heathcote and Graytown.
Panaegis Chief Executive Officer, Colin Glazebrook said: "The move to 100% of the Nagambie Gold Project is an important step forward for the Company. It completes the rationalisation and exploration focus that we set out to put in place over the last six months."- Web Site
Azure Minerals Limited Broadcast - Web Site
BRW: Significant Gold Results from Kambalda West Gold JV - Web Site
Correction - Notice of General Meeting - Web Site
Results of Meeting - Web Site
Appendix 3B - Web Site
Appendix 3B - New Issue Announcement - Web Site
Update on Call of Partly Paid Shares - Web Site
OSH: 080626 Drilling Report (Cobra 1) - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Rising Sun Near-Surface High Grade Results
Replacement Results of General Meeting - Web Site
Shareholder information - Web Site
MEDIA ARTICLE: Mother of the Goldfields continues to produce, Paydirt June 2008 edition
" Although Focus Minerals Ltd is a dual commodity player - with both gold and nickel producing assets - it was all about gold last month when the company delivered its maiden gold production from its Perseverance deposit.Culminating in a gold pour at the third-party controlled Greenfields mill near Coolgardie, the historic occasion for Focus also signalled the revival of the historic Coolgardie goldfield, which is recognised as the "Mother of the Goldfields" - given that the discovery of gold in Coolgardie in 1892 eventually led to the development of Kalgoorlie and Western Australia's Eastern Goldfields. The Coolgardie goldfield has produced more than 2.6 moz of gold over the past 117 years of workings. Nickel could be the bigger end game for Focus as it works on the redevelopment of the historic Nepean nickel mine, 25km south of Coolgardie, but the current milestone for the company was clearly cash flow from the 2,000oz extracted from the first ore package produced from Perseverance. " - Web Site
Hodges Commences Drilling at Moliagul - Web Site
60% INCREASE IN SALT CREEK GOLD RESOURCE TO 400,000 OUNCES
ALDISS-RANDALLS RESOURCE BASE GROWS TO 1.8 MILLION OUNCES
Response to ASX Price Query - Web Site
Initial Resource of 3.44m Tonnes defined at Victoria
Kagara Ltd wishes to advise shareholders that an initial inferred resource of 3.44 million tonnes at 5.1% zinc, 1.0% copper, 22 grams per tonne silver and 0.14 grams per tonne gold has been calculated for the Victoria base metal deposit. This resource is located only four kilometres from the Mungana treatment facility which is currently under construction. The deposit remains open along strike to the south east while two other zones of mineralisation (Triantular and Morrisons), lying approximately 150 metres to the north east of the Victoria and Victoria South ore bodies, remain to be defined. As drilling continues, Triantular and Morrisons are expected to add significantly to the overall base metal resource in the Victoria project area..... - Web Site
Zheng Guang Awarded Environmental Approval - Web Site
Marengo Mining opens the Toronto Stock Exchange - Web Site
MMX: Clarification on Sinosteel FIRB Application - Web Site
Appointment of Managing Director and Company Secretary - Web Site
Appendix 3B - Web Site
Option Expiry Notice - Web Site
ORE ASX Price Query Response - Web Site
Appendix 3B Options - Web Site
SIM: Exploration Update - Web Site
Directors Voluntarily Relinquish Options - Web Site
Change of Director`s Interest Notice - Web Site
WCL: Promising Gas Shows Prompt Paranui Pilot Expansion - Web Site
Release of Securities from Escrow - Web Site
Wonmunna Iron Project - Drilling Update - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Drilling Commences at N147 Prospect, NT - Web Site
KYLYLAHTI PROJECT UNDERWAY - UPDATE ON MINE PROGRESS, ENGINEERS APPOINTED
Vulcan Resources Limited ("Vulcan") (ASX: VCN, FSE: VUA, WKN: A0HHEF, Norwegian OTC: VCNR) today provided an update on progress at its Kylylahti mine in Finland.
A number of key engineering contracts have been awarded for the development of the project. The engineers appointed provide process engineering skills, plant design and layout skills, expertise in tailoring engineering for Finnish climatic and operating conditions and current mine project experience in Finland. This has resulted in a mix of Australian and Finnish engineering groups and Finnish procurement and construction management expertise.
Vulcan's Managing Director, Dr Alistair Cowden, said "We are putting in place all project management and implementation structures to permit the commencement of site works after the Finnish summer break. The project is underway." - Web Site
Appendix 3B - Web Site
Xstrata Copper's North Chile Division announces the appointment of a new Chief Operating Officer
Xstrata Copper's North Chile Division announces the appointment of Mr. Stefan Buys as the new Chief Operating Officer of North Chile Division to replace Mr. Jon Evans, effective 14th July 2008, who will be leaving the organization to become the new CEO of Compañía Minera Doña Inés de Collahuasi SCM.
Among his achievements, Jon Evans has been responsible for establishing Xstrata Copper's new North Chile division, and for providing leadership and management to the expansion and environmental improvement projects of the Altonorte metallurgical facility, which upon completion will increase its capacity by 30%, and turn Altonorte into one of the world's largest copper smelters. In addition, Mr. Evans and his team conducted the expansion project of Lomas Bayas Mine that will increase copper production capacity to 75,000 tonnes of copper cathodes, and will result in a significant extension of the mine operating life. - Web Site
Erayinia JV 1200 m RC Drilling Program Commenced at King - Web Site
Appendix 3Y - Prof. Harper - Web Site
Loan Conversion - Web Site
The Chirundu Uranium Deposits in Zambia June Investor Update
Directors Dealings - Web Site
Change in substantial holding - Web Site
Ceasing to be a substantial holder - Web Site
Further High Grade Manganese at Table Hill - Web Site
BROAD HIGH GRADE MOLYBDENUM INTERCEPTS
Key Points:
Application for Prospective Phosphate Exploration Licence - Web Site
Appendix 3B - Web Site
Letter to Optionholders - Web Site
Appendix 3B - Web Site
ANZ Mandated for Debt Funding - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
CONTRACT AWARDED FOR MARINE PHOSPHATE SAMPLING
High Grade Strikes Extend Silver Hill
250608 Rolling Convertible Bond Conversion Price Change - Web Site
DE GREY LOOKS OFFSHORE FOR PILBARA IRON PROSPECTS
De Grey Mining Limited (ASX: DEG) is pleased to advise that it is seeking to secure title over 1,292 square kilometres of tenements with geology prospective for iron mineralisation in shallow waters west of Cape Preston in the Pilbara region of Western Australia.
De Grey has entered into an option-to-purchase Heads of Agreement with Geotech International Pty Ltd over the 640 square kilometre Fortescue Island Exploration License Application (ELA) and has pegged an additional 652 square kilometres immediately adjacent to Geotech's ELA (Figure 1).
The target mineralisation in the application areas is accumulations of unconsolidated iron oxide minerals in the seabed sediments formed by erosion from the Brockman Iron Formation...... - Web Site
Change of Director`s Interest Notice - Web Site
Becoming a substantial holder - Web Site
Audio Broadcast - Merchant Pig Iron Prices - Web Site
MERCHANT PIG IRON PRICES
Trading Halt - Web Site
Notice of call - Unlisted Contributing Shares - Web Site
UTO: Exercise of options into shares - Web Site
Development of the Bukit Ibam Magnetite Mine
Following successful resource drilling, metallurgical test work and viability studies Grange Resources Limited (ASX code: GRR) is pleased to announce Joint Venture approval to develop the Bukit Ibam magnetite mine in Malaysia. The initial production rate will be 100,000 tonnes per year of magnetite concentrate and production will commence by the end of 2008. The concentrate will have a grade of ~60% Fe and will be sold on the spot market and shipped out of Kuantan Port.
All statutory approvals for the project are in place and work has commenced on procurement and construction. The pit has been prepared for mining which is scheduled to recommence in September and the concentrator is forecast to be commissioned by the end of 2008.
The Bukit Ibam Project is located at the former Bukit Ibam iron ore mine, in Pahang State, Malaysia. The mine operated from 1962 and produced approximately 22 million tonnes of haematite and magnetite ore before closure in 1970. Grange Minerals Sdn Bhd, a wholly owned Malaysian subsidiary, holds 51% project equity in a joint venture with a privately owned Malaysian mining company, Esperance Mining Sdn. Bhd.
A measured, indicated and inferred resource of 831,000 tonnes grading 36.7% Fe as previously reported will provide a mine life of approximately 3 years, with potential expansion and mine life extension opportunities available from existing low grade stockpiles and tailings dams nearby. These will be fully investigated as the initial mining takes place. Grange continues to look for other iron ore opportunities in the area.
Capital expenditure for Grange will be A$1m and operating costs per tonne of concentrate produced will be ~A$50/tonne......- Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
RE: BUMI GOES UNCONDITIONAL - HERALD DIRECTORS CALL FOR END TO BIDDING STALEMATE
The Board of Directors of Herald Resources Limited ("Herald") notes the announcement today by PT Bumi Resources Tbk ("Bumi") that it has declared its $2.80 cash Offer for Herald unconditional.
The Offer from Bumi subsidiary Calipso Investment Pte Ltd ("Calipso") was previously subject to a 50.1% minimum acceptance condition.
Calipso and rival bidder Tango Mining Pte Ltd ("Tango") now have identical offers in terms of price. Calipso's Offer is due to close on 3 July 2008, two days later than the close of the Tango Offer on 1 July 2008.
Herald Chairman Terrence Allen said Calipso's move effectively created a stalemate for Herald shareholders, with neither bidder offering a proposal that is superior in terms of price.
"We have now seen numerous counter bids in this process and, as a Board, we are unsure what the next step from either Tango or Calipso might be," said Mr Allen.
"However, we believe it is in the best interests of Herald shareholders for an offer to emerge that provides a clear financial advantage and allows this protracted process to end.......- Web Site
Clarification - Web Site
Icon`s Current Drill Programs - Web Site
Drilling Results Quinns Lake and Yarrabubba - Web Site
GROWLER FIELD EXTENDED PRODUCTION TEST UPDATE
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, putting the pumps into operation and beginning the Extended Production Test (ETP) to gain knowledge of the wells' output and the reservoir properties. Production commenced in mid March and the field has now been onstream for over three months.
The EPT which was originally planed for 100 days will 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 $US134.00 per barrel prices. - Web Site
New RC Drilling Program to Commence at Evelyn Prospect - Web Site
Ceasing to be a substantial holder - Web Site
Final Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
First Results Prospector Drilling Program
Mt Watson Stage 1 Ore Reserve and Operations Update
Matrix Metals Limited ("Matrix") is pleased to announce an initial JORC compliant Ore Reserve for Mt Watson Stage 1. The Mt Watson orebody is a two stage development - Stage 1 processing 2.2 million tonnes of ore and Stage 2 to process the remaining economically leachable ore from the total Mt Watson deposit. Matrix is currently mining Stage 1 ore and is treating the ore at its Leichhardt Copper Plant.....
Total Company Resources
Following the updates to the Mt Watson Reserve and Resource, Matrix has available resources totalling 25.2 million tonnes grading 1.0% Cu (for 252,000 of copper metal), split between the following resource categories:. - Web Site
ORG: Momoho 1 Exploration Well Update - Web Site
Open Briefing CEO on Didipio Financials Financing Timetable - Web Site
OceanaGold Announces Didipio Update
OceanaGold today announced that the Company has undertaken initiatives to control project expenditures until supplemental financing is completed for the Didipio project in the Philippines. A number of contracts will be delayed or temporarily suspended in order to affect this strategy. As a result, the project completion date is expected to extend beyond mid-year 2009.
OceanaGold continues to receive strong support from its partner, the national government of the Philippines and the Company will continue to have in excess of 200 employees dedicated to other project related activities, community relations, health and safety, and environmental programs. - Web Site
Release from Escrow and Appendix 3B - Web Site
Letter to Shareholders and Newsletter - Web Site
Appendix 3B and 708A Notice - 2nd Tranche of Capital Raising - Web Site
RMA Drilling Re-Commences on McCauley Ck Copper Project - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Appendix 3Y x 2 - Web Site
First stage drilling on Tanzanian joint venture - Web Site
Development Update - Web Site
Notices of Change of Directors` Interests - Web Site
Straits Asia Resources Ltd Announcement - Web Site
Subzero 1 Drilling Report
Subzero 1 is currently drilling ahead in the Namur Sandstone at 1542m. Minor fluorescence was noted in the Murta Formation and this will be further examined by wireline logs once the well has reached total depth. - Web Site
Subzero 1 Drilling Report
Subzero 1 is currently drilling ahead in the Bulldog Shale at 1140m. - Web Site
Trading Halt - Web Site
Becoming a substantial holder - Web Site
Target Energy Operations Update
VINCENT #1 (BANDITO PROSPECT)
Report Date: 7:00 pm 25/06/08 (Western Aust Standard Time) / 6:00 am 25/06/08 (USA Central Daylight Time)
Current Depth: 3,052.9 metres RT.
Progress: Drill ahead from 2,133.6m to 2,880.4m. Trip for new bit. Drill ahead to 3,052.9m. Trip for new bit.
Hydrocarbon Indications : Hydrocarbon shows will only be reported after wireline logs have been run and evaluated at the Total Depth of the well.
Primary and Secondary Targets : The Bandito prospect is targeting up to 42.4 Bcf (Billion cubic feet) of potential recoverable gas in Oligocene age "Bol mex" sands, and will be drilled to a depth of 3,932 metres (12,900 feet). Drilling is expected to take approximately five weeks.
Target Energy will earn a 15% Working Interest in the well (subject to completion of earning phase).
PINE PASTURE #2 (EAST CHALKLEY)
Report Date: 7:00 pm 25/06/08 (Western Aust Standard Time) / 6:00 am 25/06/08 (USA Central Daylight Time)
Current Depth: 2,836.5 metres RT.
Progress: Drill ahead in 251mm (9 7/8 inch) hole from 1,225.0m to 1,740.1m. Trip for new bit. Drill ahead to 2,836.5 m.
Hydrocarbon Indications : Hydrocarbon shows will only be reported after wireline logs have been run and evaluated at the Total Depth of the well.
Primary and Secondary Targets : The East Chalkley oil accumulation, a previously unidentified down-dip oil leg associated with the Chalkley gas field, is already producing oil from "Alliance" W-2 sands. The Pine Pasture #2 well is to be drilled slightly updip from the existing oil producer and it is planned to complete it as a gravel-packed, high volume, hydraulic pumped well. Work to date suggests that the ‘most likely' recoverable volume of oil from the field is approximately 2.4 mmBO.
The Pine Pasture #2 well is expected to take 2.5 weeks to drill to its programmed total depth of 2,975m (9,760 ft). - Web Site
Duranbah No 1 Production Test Result - Web Site
PILBARA IRON PROJECT 100% OUTSTANDING HIGH GRADE DRILL RESULTS OVER SIGNIFICANT WIDTHS AT RAILWAY PROSPECT
GRAVITY SURVEY DEFINES PROMISING DRILL TARGETS AT RAILWAY EAST AREA
OUTSTANDING HIGH GRADE DRILL RESULTS / RAILWAY PROSPECT
Assay results for two further drill holes have been received that are particularly noteworthy and material. Holes UI 274 and UI 273 set new standards for Marra Mamba mineralisation discovered at the Railway Prospect during the 110 hole Phase One drilling program. These holes are 100m east of previously announced drill holes UI 221 and UI 257 respectively and form a continuous mineralised zone between these holes.
Drill Hole UI 274: 100m grading 61.1% Fe (from 57 to 157m)
Drill Hole UI 273: 80m grading 64.4% Fe (from 70 to 150m) - Web Site
Change in substantial holding - Web Site
|
Wednesday 25 June 2008 (Close of Business - New York)
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| All Ords | 5363.1 | -55.7 | Dow Jones | 11,811.83 | +4.40 | |||
| ASX100 | 4232.4 | -45.3 | S&P 500 | 1321.97 | +7.68 | |||
| ASX200 | 5237.8 | -52.2 | Nasdaq | 2401.26 | +32.98 | |||
| ASX300 | 5244.0 | -50.9 | NYSE Volume ('000) | 4,861,130 | ||||
| Materials (Sector) | 15,675.7 | -560.5 | US 10-Year Bond | 4.115% | +0.010 | |||
| All Ords Gold (Sub Industry) | 5043.9 | -58.9 | Gold - spot/oz | US$885.30 | -4.10 | |||
| Metals & Mining (Industry) | 5537.0 | -200.5 | Silver - spot/oz | US$16.74 | +0.09 | |||
| Energy (Sector) | 19,786.3 | +9.3 | Platinum - spot | US$2003.00 | -9.00 | |||
| Shanghai Composite | 2905.0 | +102.0 | Palladium - spot | US$462.00 | -2.00 | |||
| Hang Seng | 22,635.2 | +179.1 | Uranium - spot US$/lb | US57.00 | unch | |||
| India BSE 30 | 14,220.1 | +113.5 | Reuters-CRB Index (CCI) | 571.90 | na | |||
| Jakarta Composite | 2341.4 | -24.0 | Light Crude (NYM - $US per bbl.) | US$134.55 | -2.45 | |||
| Nikkei | 13,829.9 | -19.6 | Natural Gas (NYM - $US/mmbtu) | US$12.87 | -0.26 | |||
| Taiwan Weighted | 7855.1 | +116.9 | Copper (LME - spot $US/tonne) | 8456 | -84 | |||
| FTSE 100 | 5666.1 | +31.4 | Lead (LME - spot $US/tonne) | 1778 | -45 | |||
| German DAX | 6617.8 | +81.8 | Zinc (LME - spot $US/tonne) | 1847 | -33 | |||
| A$ = US95.99 | +0.44 | Nickel (LME - spot $US/tonne) | 21,540 | -95 | ||||
| A$ = 103.45yen | +0.46 | Aluminium (LME - spot $US/tonne) | 3021 | -39 | ||||
| A$ = 0.613Euro | -0.001 | Tin (LME - spot $US/tonne) | 22,820 | -135 | ||||
| A$ = 0.486GBP | +0.001 | Sydney Futures Exchange - SPI | 5282 | +11 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street ended an erratic day with a modest gain after the Federal Reserve left interest rates unchanged and issued a mixed assessment of the economy.
The Fed pointed to a few positive signs in the economy, including "some firming in household spending." But it also said persistently rising energy prices are likely to limit growth -- and not just quicken inflation, which also remains a major concern for the central bank.
Advancing issues outnumbered decliners by more than 2 to 1. Consolidated volume came to 4.72 billion shares, up from 4.06 billion shares on Tuesday.
Crude oil fell more than $2 a barrel after record fuel prices cut consumption, causing U.S. inventories to rise for the first time in six weeks.
AWEs Pecten East-1 starts drilling - Web Site
SIGNIFICANT GOLD RESULTS FROM KAMBALDA WEST GOLD JOINT VENTURE
Breakaway Resources Limited (ASX: BRW) is pleased to advise that its joint venture partner, Barra Resources Limited (ASX: BAR), has reported significant results from the first drilling campaign on the recently formed joint venture at Breakaway's Kambalda West Project, located 20 kilometres west of Kambalda in Western Australia.
The programme returned a number of wide, high-grade intersections which are presented in the ASX announcement released by Barra Resources today (see attached).
Barra Resources recently entered into a farm-in arrangement with Breakaway to explore for gold mineralisation over Breakaway's Kambalda West Nickel Project last year. Under the agreement, Barra can earn up to 70% of the Gold Rights by spending a minimum exploration commitment of A$750,000 within the first 12 months and A$2.5 million on exploration over two and a half years. After this, Breakaway can either elect to contribute according to its interest or divest. - Web Site
Third Pompano Well to Commence - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
CSR working to restore mill operations - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Maturity extended on $280M bank facilities - Web Site
Appendix 3B
App 3Y - Change of Director`s Interest - Web Site
Bumi Goes Unconditional - Web Site
Supplementary Bidders Statement for InterMet Resources - Web Site
Laurence Curtis Steps Down as Intrepid President
Intrepid Mines Limited (TSX:IAU)(TSX:IXN)(ASX:IAU) ("Intrepid"), an international precious metals production, development and exploration company, advises that the Company, as part of succession planning following the merger with Emperor Mines Limited, has reached agreement with Laurence Curtis to step down from his position as President, effective 30 June 2008. Mr Curtis will remain as a non-executive Director on the Company's Board of Directors. - Web Site
Change in substantial holding from LST - Web Site
Update on takeover developments for Indophil
There have been significant developments in relation to Xstrata's takeover offer for your Indophil shares.
As you would be aware, Xstrata announced a takeover offer of $1.00 cash per share for your Indophil shares on 16 May 2008.
On 20 June, a Consortium comprising Crosby Capital Limited (a Hong Kong based investment banking group), the Alsons Group (a Philippines based company with a minority interest in the Tampakan project) and Mr Richard Laufmann (Indophil's CEO and Managing Director), announced that it intended to make a takeover offer of $1.28 cash for your Indophil shares. This offer has been unanimously recommended by your independent Directors in the absence of a superior offer. Indophil has also entered into a pre-bid agreement with the Consortium.
On 22 June, Xstrata increased its offer to $1.28 cash per Indophil share, the same price as the Consortium bid. This increase in Xstrata's offer vindicates the Board's initial view that Xstrata's $1.00 cash per share offer grossly undervalues your Company and that Xstrata's commentary around Philippine and Tampakan project risks were an exaggeration intended to scare you into accepting an inadequate offer.
On 23 June, Lion Selection Limited shareholders voted down a proposal from the Lion Board that would have seen Xstrata acquire a 17.7% interest in Indophil from Lion. Accordingly, Lion retains its 25.4% interest in Indophil.
On 24 June, the closing price of Indophil shares on the ASX was $1.385 per share.
At this time, your independent Directors recommend that you do nothing in relation to any documents that you receive from Xstrata, including its Bidder's Statement and Offer Acceptance Forms which are in the process of being sent to you. You should await Indophil's Target's Statement containing the formal recommendation of your independent Directors, which you should receive in approximately two weeks time. - Web Site
Times of India article - Web Site
MLM - Boardroom Radio Broadcast MetroCoal and Cape Alumina - Web Site
Update on Merger of Monaro and Uranium King - Web Site
Prospector Drilling Update - Web Site
Galoc Project Update to 24 June 2008 - Web Site
Shareholder Correspondence - Web Site
Change in substantial holding
Appendix 3B - Web Site
080625 Appendix 3B: Exercise of Unlisted Options - Web Site
Clarification in relation to today's Ayanfuri update - Web Site
Ayanfuri Update. Ghana - West Africa
Highlights
Change in substantial holding from MQG - Web Site
Share Placement Completed
Perseus Mining Limited (ASX:PRU) is pleased to announce that the second tranche of shares outstanding from the May 21 placement to institutional investors to raise $15,000,000 has been completed after shareholder approval obtained last week.
Perseus has placed these shares at $1.40 each to institutional clients of BGF Capital Group Pty Ltd and Helmsec Global Capital Ltd. - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder from NAB - Web Site
Activity Update: Drilling
ROC is pleased to provide the following activity update.
1. Zhao Dong C and D Oil Fields and C4 Oil Field, Bohai Bay, Offshore China
Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, is pleased to report that the initial phase of the 2008 development drilling programme has been completed with four new wells drilled and completed and brought on production. In addition, two further workovers involving well recompletions have also been brought on production.
Together, the six wells are currently contributing approximately 7,500 bopd to total production of approximately 20,000 bopd from the C and D Oil Fields.
The 2008 drilling programme in the C and D Oil Fields, the C4 Oil Field and the Extended Reach Area is planned to include up to twenty-four wells comprising a mix of oil producers and water injectors. - Web Site
Change of Director`s Interest Notice - Web Site
Results of General Meeting - Web Site
Gas Supply Disruption at Nifty Operations - Web Site
Media Presentation - Web Site
Aconcagua Drilling Commences at Aguas Claras and Putu, Chile
BPT: Weekly Drilling Report - Web Site
Restricted Securities to be Released from Escrow - Web Site
Becoming a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
PROJECTS UPDATE
Project: West Wharton
Prospect: Stewart
Well: Stewart-1
Wharton County, Texas, CICO Oil and Gas Operator, Antares 26.25% Working Interest
Preparations continue to test the Jackson sand. A workover rig is on site, tubing and other required equipment has been delivered and perforating the Jackson sand is expected within the next week. - Web Site
Notice of General Meeting/Proxy Form - 4 August 2008 - Web Site
Notice under Section 798A of the Corporations Act - Web Site
DESPATCH OF SCHEME BOOKLET AND NOTICE OF MEETING - Web Site
Appendix 3B and Section 708A - Web Site
Sea Lake 1 Daily Update - Web Site
EL 1348 (KODU DEPOSIT) RENEWAL REFUSED BY MINISTER
LEGAL PROCEEDINGS TO COMMENCE POST HASTE
LANDOWNERS STILL TO CLOSE THE KOKODA TRACK
Frontier Resources is disappointed to announce that EL 1348 (containing the Kodu copper-goldmolybdenum Deposit) has been officially refused renewal by the Minister of Mining for Papua New Guinea. No reasons were given.
Security of licence tenure is fundamental to mining/exploration stability and this decision is a major blow to PNG's Sovereign Risk.
The Company has made every conceivable compromise to ensure the best outcome for all stakeholders, including offering to relinquish ‘all' the original Kokoda Track in the EL and 5% carried equity in the project to landowners, plus 2% to the ‘Kokoda Track Authority'. In addition, an independent Initial Environmental Assessment showed there is no danger at all to Port Moresby's current or future water or power supplies and general environmental concerns can be effectively ‘managed'.
The EL 1348 landowners last week threatened to again close the Kokoda Track until the El is renewed. Landowners indicated this morning that they are still likely to continue with their plan to close the Kokoda Track in protest of the decision. Frontier thanks the various landowner groups of EL 1348 for the positive working relationship that has existed over the last 4.5 years and their support, understanding and commitment to the project and management wish them all the best in their endeavours.
Frontier will now move post- haste to initiate legal proceedings in the courts of Papua New Guinea to recoup sunk expenditure of approximately K8.5 million (~A$3.2 million), plus lost potential future profit, likely of the order of approximately K8 billion (~A$3 billion). Frontier confirms that it will honour its original ‘equity commitment' to Kodu (and Elo) landowners and will give them 5% of any ‘lost potential future profit' that may be awarded. Legal options against the Commonwealth of Australia will also be evaluated, including the possibility of a class action lawsuit by shareholders.
An ‘Update' will be released in the immediate future, detailing Frontier's corporate and exploration objectives for the second half of 2008. - Web Site
Mr Pieter Britz appointed as a Non-Executive Director - Web Site
Award of Saint Griede Permit - Web Site
Distribution Schedule and 20 Largest Holders - Web Site
Section 650F(3)(a) and 630(3) - offer free from condition - Web Site
InterMet Resources Limited - Panel Decision - Web Site
Jigalong - Iron Update
Appoints Assistant Company Secretary - Web Site
Appendix 3B - Web Site
Final directors interest notice - Web Site
Jupiter completes acquisition of Block 31 - Web Site
Kalman Drilling Update
The Directors are pleased to announce further encouraging results of ongoing drilling within the Kalman deposit located within the Mt Isa project (Figure 1). The continuity of the copper-molybdenum continues to be confirmed, as shown by the significant assay results that have been received for drillholes K49, K-54, K-65, K-66, K-66A, K-69, K-71, K-75, K- 75A and K-79, including the following highlights.
Highlights
LIO Form 603 Init Substant S-holder Miningnut - Web Site
NEW CONCEPT OUTLINES IRON ORE POTENTIAL ON 400 SQ KM OF TENEMENTS
Magnetic Resources has applied for tenements covering major magnetic anomalies 20 km north of Newdegate and 35 km ESE of Narembeen in the southern wheatbelt region of WA; the anomalies were identified from a government regional aeromagnetic survey completed in 2005. Magnetic has identified several areas considered to have significant potential to host major iron ore occurrences situated close to railway infrastructure.
The Newdegate tenements total 220sq km and Narembeen tenement cover some 180sq km as shown in the attached map...... - Web Site
MINCOR EXTENDS DURKIN NORTH DEPOSIT
Latest Results Include 3.42 metres @ 7.86% nickel, 80 metres Beyond Resource Boundary
Australian nickel producer Mincor Resources NL (ASX: MCR) has achieved further exploration success, this time at its Durkin North (formerly Durkin Deeps) exploration project, where drilling has intersected high-grade massive and matrix nickel sulphides some 80 metres beyond the boundary of the current mineral resource.
The Durkin results continue Mincor's run of exploration success in the Kambalda region, with the confirmation of down-plunge extensions at its Otter Juan Mine and a potential new discovery at its Mariners Mine in the past two months alone.
Durkin North, which is part of Mincor's Northern Nickel Division (including Otter Juan, Coronet and Carnilya Hill), is the subject of a feasibility study based on an interim resource of 374,500 tonnes @ 5% nickel for 18,800 tonnes of contained nickel metal. The current program of exploration drilling, which is aimed at extending this resource to the east, has confirmed a significant extension with latest results including:
KDD009W1: 3.42 metres @ 7.86% nickel from 716.6 metres (true width 1.55 metres)
KDD009W3: 3.10 metres @ 2.98% nickel from 676.8 metres (true width 1.41 metres) - Web Site
Appendix 3B - Web Site
Confirmation of US Listing - ADR Program - Web Site
Trading Halt - Web Site
Appendix 3Y - Web Site
Appendix 3B - Web Site
NEW MAXIMUS DRILL RESULTS ENHANCE W.A. IRON ORE TARGET
Maximus Resources Limited today reported further intersections of "abundant magnetite" in early results from a new drilling program on a separate target at the Company's Canegrass iron ore-vanadium prospect near Windimurra in Western Australia.
Assays for one reverse circulation hole - MNRC38 - indicate 35 weight % total iron over a true width of 54 metres.
Maximus (ASX: "MXR") said it had already completed several drill holes as part of testing its second Canegrass gravity target at Block 3 which contains an exploration target of between 200 million tonnes and 300 million tonnes of magnetite-rich iron ore.
The Block 3 gravity target is separate and in addition to the 1.7 billion tonnes-to-3 billion tonnes target reported for Block 1 which earlier this month yielded significant results in drill hole MND1, as announced to the ASX on 10 June 2008.- Web Site
Secondary Trading Notice - Cleansing Statement - Web Site
Pelican Wins Ballot for Midwest Iron Ore Tenement - Web Site
Steps-Up Reserve Certification Campaign - Web Site
Appendix 3B - Web Site
Appendix 3Y - Change of Director`s interest - Cottee - Web Site
Appendix 3B - New issue announcement - Web Site
International Research Report - Web Site
QGC: Bidder`s Statement
Results of Roma General Meeting
Appendix 3B - Web Site
KMN: Kalman Drilling Update - Web Site
Offer Closed
Becoming a substantial holder
Becoming a substantial holder
Change of Director`s Interest Notice
Summary of Proxies Received for General Meeting - Web Site
POL: In Specie Distribution - Web Site
Coyote Gold Project - Operations Update
The Coyote Gold Project underground development has continued during the June 2008 quarter aimed at advancing the main decline and establishing sufficient ore drives to gain access to the high grade Gonzales Lode stoping ore during the September 2008 quarter.
As announced on 21 May 2008, the first cross cut from the decline to the Coyote underground orebody at the 300 metres RL - being approximately 100 metres below surface, exposed the high grade Gonzales ore with very high grades returned from vein sampling (up to 496g/t Au).
With the increasing exposure of the orebody as the underground workings are developed, it has become more evident that the very high grade mineralisation is predominantly located within visual narrow quartz veins.
Importantly, geological mapping to date has confirmed continuity of the lode laterally along strike and vertically up and down dip.
Given the continuous narrow high grade veins evidenced in both the bottom of the Coyote open pit and now in the underground workings, the Company has undertaken a review of the mining methods and mine design at Coyote to determine whether the high grade narrow veins can be mined in a more efficient and cost effective manner.
The outcome of the review, which was undertaken with the assistance of narrow vein mining specialists, is that the Company is currently implementing a more appropriate selective mining method. The changed method will significantly reduce waste mining through minimising the size of the development drives and stopes which are designed to achieve higher grade ore with minimal dilution and ore loss.
The change in mining method is a positive development in reducing mining costs, as smaller equipment and stoping methods will result in a significant reduction of waste removal and ground support requirements. The reduced ore drive dimensions, smaller equipment and resultant reduced ventilation requirements, will also see a reduction in power and fuel consumption which is important given the increasing price of diesel..... - Web Site
Appendix 3B - Web Site
Correction of Initial Directors` Interest Notices - Web Site
Results of the General Meeting Held on 25 June 2008 - Web Site
Status Report for Growler Oilfield Development Project and PEL 104, Cooper Basin South Australia
Summary:
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;
PEL 88 Renewed and Additional Interests Acquired, Cooper Basin, South Australia
Summary:
Victoria Petroleum N.L. (VPE) wishes to advise that Victoria Oil Exploration (1977) Pty Ltd (a wholly owned subsidiary of Victoria Petroleum N.L.) has been notified by Primary Industries and Resources SA (PIRSA) that it has renewed PEL 88 for a period of 5 years as of 17 May 2008, and approved the assignment of permit interests. - Web Site
Open Briefing Wesfarmers - Impact of Varanus Gas Disruption - Web Site
Westonia Initiates Update on Feasibility Study - Web Site
General Meeting of Members - Web Site
Alcoa Announces Cooperation Agreement with Vietnam on Development of Bauxite Mining and Alumina Refineries
Alcoa (NYSE:AA) today announced the signing of a Cooperation Agreement with Vietnam's premier minerals development company, Vietnam National Coal-Mineral Industries Group (Vinacomin), for cooperation in development of the aluminum industry in Vietnam.
Under the agreement, Alcoa World Alumina and Chemicals (AWAC) - a global alliance between Alcoa and Alumina Ltd, with Alcoa holding 60 percent -- will conduct due diligence, on the acquisition of a 40 percent interest in the 600,000 metric tons per year Nhan Co alumina refinery that is to be constructed in Dak Nong Province in Vietnam's Central Highlands, based on access to extensive reserves of high quality bauxite. If the transaction proceeds, the shareholding in the Joint Stock Company that owns the Nhan Co bauxite mine and alumina refinery will be Vinacomin 51%, AWAC 40% and other investors 9%. - Web Site
Details of Company Address - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Weekly drilling report - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Progress Report - Palo Pinto Workovers - Web Site
Drilling Completed at Horse Well Gold Project - Web Site
Weekly Project Update - Web Site
Brazil Significant Drilling Results - Web Site
Rights Issue and Strategic Review - Web Site
Resource Drilling Finalised at Anomaly A Exploration Commences for Additional Production Capacity
Bannerman Resources Ltd (ASX: BMN, TSX: BAN) ("Bannerman" or the "Company"), a uranium exploration and mine development company focused on projects in Namibia, is pleased to report that resource drilling has now been completed at Goanikontes' Anomaly A and that senior geological staff have mobilised to the Perth Company office to begin final resource estimation work.
Drill rigs have now been mobilised to explore prospects which have been identified beyond the principle uranium deposit at Goanikontes' Anomaly A. In all, fifteen prospects have been identified to date with targets prioritised based on historic drill results (where available), ground and airborne radiometric surveys and geological mapping. This marks the commencement of an exciting new exploration phase for the Company. It is the Company's intention to define additional significant uranium resources with proximity to the Anomaly A deposit. .... - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
Drilling Update Azure Area ATP817P - Web Site
Ceasing to be a substantial holder from HHL - Web Site
Pathway to Production Link to Boardroom Radio Broadcast - Web Site
Deep Drilling Commences at Charters Towers
Citigold Corporation Limited (Citigold) (ASX:CTO, DIFX:CTO, FSE:CHP) is pleased to announce drilling has commenced on the Deep Hole project at Charters Towers.
Highlights of the announcement include
240608 BRR Broadcast - Web Site
BOARD ROOM RADIO INTERVIEW - Web Site
Second Drilling Rig for Coal Junior East Energy - Web Site
Drilling Report Brearley 1H-11 - Web Site
Sea Lake 1 Daily Update - Web Site
Trading Halt - Web Site
GRD Minproc awarded contract for Phu Kham Expansion - Web Site
Becoming a substantial holder - Web Site
Expansion of Drilling Services - Web Site
Change in substantial holding - Web Site
Director resignation - Web Site
TOV:Lion Selection 02 -Panel Declines to Conduct Proceedings - Web Site
Appendix 3B - Web Site
Notice of Annual General Meeting/Proxy Form - Web Site
RED DOME DRILLING INTERSECTS 63.45 METRES @ 3.14 g/t GOLD
Kagara Zinc Limited is pleased to report that the first diamond drill hole of the 2008 drilling program, testing the extensions to the Red Dome gold – copper molybdenum deposit has intersected 63.45 metres at 3.14 grams per tonne gold from 1,002 metres in hole 937W4.
This impressive intersection is the highest grade achieved during Kagara's drilling program over the last 2 years and opens up exciting possibilities for the Red Dome system at depth. (see longitudinal section attached). The assays are preliminary and copper assays, which are not yet available, will be reported on as soon as they come to hand.- Web Site
Further Nickel Intersections at Lounge Lizard
Kagara Ltd is pleased to announce that assay results have been received from a further two diamond drill holes at Lounge Lizard, Forrestania. Hole LLDKN001W4 intersected disseminated and massive nickel sulphides over 55.16 metres grading 1.38% nickel and included a basal massive sulphide accumulation of 3.16 metres grading 7.60% nickel. Hole LLDKN001W4W3W1 intersected a wide lower grade zone of disseminated nickel sulphides of 57.75 metres at a grade of 0.74% nickel including 17.0 metres grading 1.35% nickel.
With the receipt of these assay results, an interim resource can now be calculated for the Lounge Lizard deposit. It is expected that the resource should be complete by late July.
Diamond drilling at Lounge Lizard has extended the disseminated nickel sulphide mineralisation for a further 150 metres south of the holes for which assays have been received. The drill rig has been moved to test the extension of the T7 mineralisation intersected by Western Areas (9.3 metres at 5.19% nickel) which is located 30 metres north of Kagara's tenement boundary....- Web Site
Private Placement Announcement and Chinchilla Update - Web Site
Senior Executive Appointment
Appointment of Neville Bergin as General Manager - Projects Development. - Web Site
Resignation of Director and Appendix 3Z - Web Site
Update on Discussions with ArcelorMittal - Web Site
Sinosteel 9th Supplementary Bidders Statement - Web Site
MLM - Cape Alumina Resource Upgrade - Web Site
Offtake Agreement for Spinifex Ridge - Web Site
New Website Reflects New Focus - Web Site
Murchison Secures Strategic Alliance With Areva - Web Site
Newmont Announces Second Quarter Earnings Call - Web Site
Company Presentation - June 2008 - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
Section 708A(5)(e) Notice - Web Site
Drilling Now Underway at Attunga Tungsten-Gold Project - Web Site
Ayanfuri Update, Ghana, West Africa - Web Site
Company Secretary Appointment/Resignation - Web Site
Change in substantial holding from HAW - Web Site
Rule 2.10 of the City Code disclosure 24Jun08 - Web Site
Robust and Trafford Acquisition - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Sabretooth 1 Spuds
Samson Oil & Gas Limited ("Samson") advises that the Sabretooth #1 well spudded on the evening of June 21, 2008 and was drilling ahead at approximately 1,400 feet as of the morning of June 24.
The Sabretooth #1 well is located in Brazoria County, Texas in the onshore Gulf Coast Basin. The prospect was delineated by a comprehensive 3D seismic grid, which resulted in a significant offsetting gas/condensate discovery with an amplitude response identical to that observed at Sabretooth. The proposed well is a 14,000 foot test of the Vicksburg Formation and has an estimated contingent recoverable volume of 25 Bcfe. Samson has a 12.5% working interest in the well. - Web Site
John Brookes Production Interruption Update
Santos provides the attached Media Release issued yesterday by Apache Energy Limited (the Operator of the East Spar, John Brookes and Harriet Joint Ventures) in relation to the Varanus Island incident.
The incident occurred on 3 June and has resulted in a total cessation of production from both the East Spar Joint Venture (processing and exporting gas from the John Brookes field) and the Harriet Joint Venture (processing and exporting gas from various Harriet fields). The processing and export facilities for both of these Joint Ventures are located on Varanus Island. Santos has a 45% interest in the John Brookes gas field and the East Spar Joint Venture gas processing facilities and no interest in the Harriet Joint Venture.
The Operator has advised that the resumption of production from Varanus Island is planned to commence with gas from the John Brookes field. The Operator's recent advice is that the East Spar Joint Venture (processing John Brookes field gas) will achieve partial processing and export capacity of approximately 200 TJ/d gross (Santos share 45%) in mid August.
Assuming the Operator's schedule to complete repairs and commence gas processing is achieved, the net production loss to Santos in 2008 is estimated at 1.2 mmboe.
Santos will continue to work with the Operator to resume production in a safe and environmentally responsible manner as soon as possible.- Web Site
Subzero 1 Drilling Report - Web Site
Coal-To-Liquids Focus for FuturGas Project - Web Site
Results of EM Geophysical Programmes - Web Site
Private Placement Announcement and Chinchilla Update - Web Site
Initial Director`s Interest Notice - Web Site
Cancellation of Options - Web Site
Broker Presentation - June 2008 - Web Site
New Director Appointment - Mr Travers Duncan - Web Site
|
Tuesday 24 June 2008 (Close of Business - New York)
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| All Ords | 5418.8 | +9.9 | Dow Jones | 11,807.43 | -34.93 | |||
| ASX100 | 4277.7 | +8.3 | S&P 500 | 1314.29 | -3.71 | |||
| ASX200 | 5290.0 | +6.3 | Nasdaq | 2368.28 | -17.46 | |||
| ASX300 | 5294.9 | +4.9 | NYSE Volume ('000) | 4,705,052 | ||||
| Materials (Sector) | 16,236.2 | +362.7 | US 10-Year Bond | 4.105% | -0.063 | |||
| All Ords Gold (Sub Industry) | 5102.8 | -66.7 | Gold - spot/oz | US$889.40 | +5.70 | |||
| Metals & Mining (Industry) | 5737.5 | +137.9 | Silver - spot/oz | US$16.65 | -0.13 | |||
| Energy (Sector) | 19,777.0 | +467.9 | Platinum - spot | US$2012.00 | -23.00 | |||
| Shanghai Composite | 2803.0 | +42.6 | Palladium - spot | US$464.00 | -1.00 | |||
| Hang Seng | 22,456.0 | -258.9 | Uranium - spot US$/lb | US57.00 | unch | |||
| India BSE 30 | 14,106.6 | -186.7 | Reuters-CRB Index (CCI) | 571.90 | na | |||
| Jakarta Composite | 2365.4 | +2.6 | Light Crude (NYM - $US per bbl.) | US$137.00 | +0.26 | |||
| Nikkei | 13,849.6 | -7.9 | Natural Gas (NYM - $US/mmbtu) | US$13.13 | -0.20 | |||
| Taiwan Weighted | 7738.1 | -138.4 | Copper (LME - spot $US/tonne) | 8540 | +30 | |||
| FTSE 100 | 5634.7 | -32.5 | Lead (LME - spot $US/tonne) | 1823 | unch | |||
| German DAX | 6536.1 | -53.4 | Zinc (LME - spot $US/tonne) | 1880 | -19 | |||
| A$ = US95.55 | +0.31 | Nickel (LME - spot $US/tonne) | 21,635 | -165 | ||||
| A$ = 102.99yen | +0.28 | Aluminium (LME - spot $US/tonne) | 3060 | -35 | ||||
| A$ = 0.614Euro | unch | Tin (LME - spot $US/tonne) | 22,955 | -325 | ||||
| A$ = 0.485GBP | unch | Sydney Futures Exchange - SPI | 5266 | -54 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street ended an erratic session moderately lower Tuesday as concerns grew about the impact of high fuel costs on consumers and corporate profits. Treasury prices rose on the economic uncertainty.
The Conference Board said its June consumer confidence index came in at 50.4, far below economists' expectation of 56.5 and May's reading of 58.1. The disappointing news arrived after shipper UPS Inc. warned late Monday that high oil prices are dampening its profits, and after a dismal reading on U.S. home prices (the S&P/Case Shiller composite index of 20 metro areas fell 1.4 percent in April from March and slumped by a record 15.3 percent over the year).
Declining issues outnumbered advancers by about 2 to 1 on the New York Stock Exchange, where consolidated volume amounted to 4.06 billion shares, compared with 4.09 billion Monday.
Crude oil was little changed in New York after Royal Dutch Shell Plc said that it resumed production at its Nigerian Bonga field that was attacked last week.
Copper fell for a second day on concern slowing global growth will reduce demand for the metal used in pipes and wires.
Gold rebounded on speculation the Federal Reserve is unlikely to raise U.S. borrowing costs anytime soon, weakening the US dollar and boosting the appeal of the metal as an alternative investment.
Change of Director`s Interest Notice - Web Site
Adelaide Brighton advises refinancing facilities - Web Site
Resignation of Company Secretary - Web Site
Hunan notice re ASX Listing Rule 3.2 - Web Site
Extension of T/O Offer by Hunan - Web Site
Ceasing to be a substantial holder - Web Site
MAH: Response to Ausdrill Target`s Statement - Web Site
MAH: Letter to Ausdrill Shareholders - Web Site
BHP Billiton Steelmaking Materials Briefing - Web Site
BHP Billiton Announces Increase In Iron Ore And Manganese Resources And Reserves
BHP Billiton announced a 46 per cent increase in the Mineral Resource and a 23 per cent increase in the Ore Reserve at Western Australia Iron Ore, an 11 per cent increase in the Mineral Resource and a 30 per cent increase in the Ore Reserve at Samarco Mineracao and an 82 per cent increase in the Mineral Resource at Samancor Manganese. - Web Site
Prospectus Timetable - Web Site
IMP: Bemax Takeover Offer - Web Site
PEM:Correction to paragraph 9 - Perilya Rejects CBH Proposal - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Agam Iron Sand Primary Report - Web Site
Appointment of Corporate Adviser and Capital Raising 240608 - Web Site
Non-Renounceable Rights Issue and Share Consolidation - Web Site
Waite Kauri Nickel/Cobalt Project Joint Venture Negotiations - Web Site
Change of Director`s Interest Notice - Web Site
Registration of Exploration License title in subsidiary name - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
Xstrata Copper: Intention to Match Competing Offer by Crosby - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Xstrata Copper intention to Match Competing Offer by Crosby - Web Site
Appendix 3B - Web Site
Trading Halt - Web Site
Iron Ore Price Settlement
Following the recent announcement by Rio Tinto Limited that Hamersley Iron had reached agreement with China's Baosteel on the price for Hamersley lump and fine ores for the contract year commencing 1 April 2008, Mount Gibson Iron Limited ("MGI") will be notifying existing long term iron ore contract customers that lump and fine ore prices will increase to 201.69 US cents per dry metric tonne unit and 144.66 US cents per dry metric tonne unit respectively, effective 1 April 2008.
Existing MGI long term iron ore supply contract prices are based on annually negotiated Hamersley lump and fine ore prices. - Web Site
UKL: MRO Confirmation of US Listing - ADR Program - Web Site
Notice of General Meeting/Proxy Form - Web Site
Ceasing to be a substantial holder - Web Site
OceanaGold Announces Didipio Update - Web Site
DRILLING REPORT - 26 June 2008
WELL NAME: Cobra 1A, PNG
Oil Search reports that at 0600 on 26 June, the Cobra 1A well was at a depth of 2,670 metres and cementing 7-5/8" liner.
During the week, the 8-½" hole was enlarged and cleaned from 2,458 to 2,670 metres and the 7-5/8" liner run.
The forward plan is to drill ahead in a 6" hole to below the Iagifu sandstone and complete logging over the Hedinia and Iagifu reservoir intervals.
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. - Web Site
Change in substantial holding - Web Site
Boardroom Radio - Operations and Development Update - Web Site
Update on operating and development activities
Perilya rejects CBH reverse takeover proposal
Perilya (ASX: PEM) today announced that the Board has unanimously rejected as inadequate an alternative (but incomplete) proposal from CBH Resources Limited to acquire 100% of Perilya's shares.
Since the original proposed merger was announced on 26 March 2008, there have been a number of material changes to the parties' respective operations and to market conditions, including:
Appendix 3B - Exercise of Options - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change of Director`s Interest Notice - Web Site
Becoming a substantial holder - Web Site
Top 20 RER shareholders - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice
Change of Director`s Interest Notice
Change of Director`s Interest Notice
Appendix 3B - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notices x 2 - Web Site
Exploration Update - Web Site
EXR:Pompano Project - Rig Secured for Third Well - Web Site
Clarification on convertible note interest - Web Site
Convertible Notes June 08 quarter interest payment - Web Site
Brockman Welcomes NCC Recommendation on Pilbara Railways - Web Site
Appendix 3B - Web Site
2 x Form 604 (1 is a correction to earlier lodgement) - Web Site
Drilling assay results, Julius Gold Deposit - Web Site
New Director and Joint Company Secretary - Web Site
Appendix 3B - Issue of shares - Web Site
Greenbush Project Update - Web Site
Results of Meeting - Web Site
Placement - Web Site
Drilling at E1 Camp Continues to Deliver
Drilling commenced at Sea Lake PEP 165 - Web Site
Merchant Pig Iron Prices - Web Site
Appendix 3B - Web Site
Pilbara Iron Project - Review of Regional Magnetics - Web Site
Growler Oilfield Development Update - Web Site
STRONG RESULTS EXPECTED TO DEEPEN OPEN PIT AND CONFIRM UNDERGROUND POTENTIAL
Mirabela Nickel Limited (TSX: MNB, ASX: MBN) is pleased to announce further drilling results that are expected to deepen and extend its Santa Rita open‐pit mine in Brazil and open up the possibility of developing an underground mine.
"The results of drilling near and below the base of the currently designed open‐pit have far exceeded our expectations. The new intersections are about three times wider, 15% higher grade, and more consistent than previous typical intersections used in the reserve estimate," said Managing Director Nick Poll. "The current open‐ pit reserve is about 400m deep without the benefit of results as strong as these, so we can be confident that these new results will push the open‐pit design deeper and increase the mining reserve," he said.
"A second drill hole designed to test the underground mining potential at about 700m below surface, and 300m deeper than previous drilling, has returned a composite intersection of 62m at 0.95% Ni. Our first such hole intersected 119m at 0.93% Ni. We believe that these grades and widths are amenable to underground mining," said Mr Poll. "These holes indicate that the strong mineralization encountered near the base of the current open‐ pit continues for at least another 300m and remains open at depth. If so, an underground mining operation is a real possibility for Santa Rita. We are currently using 4 rigs to drill up this underground potential." he said.
Santa Rita is slated to be the third largest open‐pit nickel mine in the world containing over 500,000t of contained Ni in reserves. Mine construction is about 30% complete and production is expected to commence mid 2009. The Company is on track to complete a debt financing facility by end of July. - Web Site
TOV: Midwest 02 - Declaration and Orders - Web Site
MetroCoal seed raising completed - Web Site
Mt Watson Stage 1 Reserve and Proj Update - Web Site
Longtom 4 development well Progress report no 1 - Web Site
QGC: Weekly Drilling Report - Web Site
BG Group Takeover Announcement - Web Site
Appendix 3B Options - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Callabonna Uranium Limited IPO - Web Site
Reduction in Exercise Price of Outstanding Options - Web Site
Appendix 3Y - Change of Director`s interest - Crommelin - Web Site
Quarterly Activities Report - Web Site
Appendix 3Y (KW) - Web Site
Success at Osage with Redfork 1-20 Well - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
ASX Statement Form 604 from AGK - Web Site
PEL 88 Renewed and Additional Interests Acquired SA - Web Site
Carnarvon-1 Coal Seam Gas single well pilot well flows gas, Don Juan CSG Project, ATP 771P, Surat Basin, Queensland
Summary:
Victoria Petroleum N.L. (Vicpet) has been advised by the operator Bow Energy Limited (Bow) that installation of down hole and initial surface pumping equipment of the first production pilot well at the Don Juan CSG (Coal Seam Gas) Joint Venture (Vicpet 45%) was completed late last week.... - Web Site
Appendix 3B - Web Site
Allotment of options - Web Site
WGR: Explorer 108 Update - Web Site
Change in substantial holding - Web Site
Wyllie takes 15% stake in Amadeus - Web Site
Progress Report Whitewash Drilling - High Grade Intercepts - Web Site
Re-issue Announcement - JORC Reporting Requirements - Web Site
Appendix 3B - Web Site
APEX COMMITS TO PROJECT DEVELOPMENT AT WILUNA AND WILSONS
Apex Minerals NL is pleased to announce that it has commenced project development at its Wiluna Project in Western Australia after finalising an implementation study which has estimated average cash costs of approximately A$560 per ounce across the group's projects, including the Wiluna and Wilsons ore bodies. Costs for the Wiluna underground mine are forecast at under A$500 per ounce.
Apex expects to achieve an initial production rate of 100,000ozs per annum when production from Wiluna commences, increasing to 150,000 ounces per annum shortly thereafter with the addition of production from Wilsons. Production is forecast to rise further to 200,000 ounces per annum once ore from the Youanmi mine becomes available later next year. Production for the 2009 calendar year is forecast at 150,000 ounces, rising to 200,000 ounces per annum in subsequent years. ....
- Web Site
EBR:Independent Resource Certification Judith Gas Field - Web Site
Beach Petroleum Limited Weekly Drilling Report Week ending 25 June 2008
The weekly drilling report for the week ending 25 June 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
Appendix 3B issue of additional securities - Web Site
First Stage Infill Drilling Confirms Integrity of Horn Nickel Deposit
New Drill Rigs Contracted - Web Site
New Nickel Discovery at Blair North - East Kalgoorlie JV - Web Site
Buildev JV Option Agreement - Web Site
CBH Perilya Merger Update - Web Site
Appendix 3B - New Issue Announcement - Web Site
Appendix 3B - Web Site
Drilling Commences at Mt Garnet Tin Project - Web Site
230608 Drilling Schedule - Web Site
Notice of closure of Share Purchase Plan on 4 July 2008 - Web Site
Large Base Metals Drill Targets Defined
General Meeting - Shareholder Presentation - Web Site
Change of Director`s Interest Notice - Web Site
Progress Report - Web Site
Change of Director`s Interest Notice - Web Site
Metalurgical Testwork Confirms High Quality Magnetic - Web Site
Shareholder Presentation - Sydney, 25 June 2008 - Web Site
Progress Report - Web Site
Listed Option Expiry Notice - 21 July 2008 - Web Site
Odyssey to Sell Two Gas Projects to Marion Energy - Web Site
Appendix 3B and Sec 708A Notice - Web Site
Change of Director`s Interest Notice - Web Site
Weekly Drilling Update - Web Site
Change of Director`s Interest Notice - Web Site
Notification of Expiry of Options - Web Site
Update - proposed acquisition Zeus Petroleum Ltd
OPERATIONS REPORT - INDIA
CAMBAY-19Z APPRAISAL WELL - Oilex advises that the current operation is drilling ahead at a depth of 2219 meters in uppermost Deccan interval after setting the 7" production liner at 2,101 metres. The primary Deccan exploration objective is anticipated within the next 150 meters with an expected well total depth of 2330 meters, after which wireline evaluation logs will be run.
Further logging of the EP-III and EP-IV intervals intersected at 1758 and 1780 meters is planned in the cased hole. A program will be designed to test the most prospective hydrocarbon intersections in the welthrough perforations in the 7" liner once evaluation of the deeper Deccan objective has been completed. - Web Site
BG Group announces $13.8 Billion T/O Bid for Origin Energy - Web Site
Details of Company Address - Web Site
Update on Operating and Development Activities - Web Site
DRILLING COMMENCED AT SENTINEL URANIUM-MOLYBDENUM PROJECT
KEY POINTS
Quotation of In Specie Distribution Shares and Appendix 3B - Web Site
Gas Found in Third Turner Bayou Exploration Well
The third exploration test (Trifolia 9 No. 1) in the Turner Bayou 3D seismic project has reached total depth of 5,000 feet and was logged, resulting in the discovery of gas in the Frio primary objective. Production casing is currently being run and as soon as the rig is released it will move to begin drilling the Indigo Minerals 29 No.1 prospect..- Web Site
Rio Tinto announces 2008 iron ore price settlement
Rio Tinto Iron Ore subsidiary Hamersley Iron has today reached agreement with China's Baosteel on the price for Hamersley iron ore deliveries for the contract year commencing 1 April 2008.
Under this agreement, the new prices for Hamersley will be:
Pilbara Blend Fines/ Yandicoogina Fines - US cents 144.66 per dry metric tonne unit
Pilbara Blend Lump - US cents 201.69 per dry metric tonne unit
Sam Walsh, chief executive of Rio Tinto's Iron Ore Group, said: "Rio Tinto is pleased to reach this agreement today with Baosteel, China's leading steelmaker."
"The agreement reflects the continuing very strong demand in the market for Hamersley's products", he said.....- Web Site
Rio Tinto sets its sights on first significant world class diamond mine in India
Rio Tinto today announced that it has lodged mining lease applications for its Bunder diamond project in the Bundelkhand region of Madhya Pradesh, India, which is a vital step in the development of what could be the first significant world class diamond mine in India.
Rio Tinto also announced the exploration target for diamond mineralisation at the Bunder project of 40-70 million tonnes at a grade of between 0.3 and 0.7 carats per tonne. The targeted diamond grades are at least three times greater than the grade of the Panna mine, India's only other hard rock diamond mine.
The original discovery was made as part of a regional exploration reconnaissance in 2002. A Prospecting License was executed in September 2006, which allowed exploration activities to continue, and an order of magnitude study was commenced to evaluate the economic viability of the eight diamondiferous lamproites. The results of this are expected by the end of Q3 2008. - Web Site
Range River Gold (RNG) and NWME sign Letter Agreement - Web Site
St Barbara Receives $63.5M less fees from Institutional Entitlement Offer, Institutional Bookbuild and Placement Shares
Following completion of the institutional component of the Offer announced on 10 June 2008, the Company has received $63.5M less fees and issued 158,799,282 New Shares. An updated Appendix 3B is attached.
The New Shares comprise:
Ceasing to be a substantial holder - Web Site
Appointment of Company Secretary
Sydney Gas Ltd wishes to announce that Mr Frank Krstic, Sydney Gas' General Counsel, has been appointed Company Secretary effective 23 June 2008. The Board welcomes Mr Krstic to this role and congratulates him upon his appointment.
Mr Krstic has enjoyed a distinguished legal career, with over 16 year's experience in the energy, mining and resources law sector.
Sydney Gas also wishes to thank Ms Pha Tran who previously held this position and will now take up the role of Office Manager for Sydney Gas and other corporate responsibilities for a fast growing and developing Sydney Gas.- Web Site
WCL: WestSide earns 50% Interest in Two Tenements - Web Site
Santos Ltd - Appendix 3B - Web Site
Subzero 1 Drilling Report
Subzero 1 spudded at 14:30 hrs on the 20th June 2008. Surface hole was drilled to 661m and 9 5/8" surface casing run and cemented. The BOP's were nippled up and tested and a new bit picked up and run in the hole.- Web Site
Change in Directors Interest Notice x 2 - Web Site
Incident at Varanus Island - Web Site
Change of Substantial Holding Notice - Web Site
Progress Production Report - Web Site
Change in Director`s Interest Notice - Correction - Web Site
Notice of Change in Director`s Interest - Web Site
Section 708A Cleansing Statement - Web Site
June 24, 2008 Appendix 3B - Web Site
Outstanding High Grade Drill Results and Gravity Survey - Web Site
Media Release - Mount Linsday Maiden Resource - Web Site
Research Report - Web Site
Major EM Survey Completed in Sweden - Web Site
|
Monday 23 June 2008 (Close of Business - New York)
|
||||||||
| All Ords | 5408.9 | -2.9 | Dow Jones | 11,842.36 | -0.33 | |||
| ASX100 | 4269.4 | +0.3 | S&P 500 | 1318.00 | +0.07 | |||
| ASX200 | 5283.7 | -4.6 | Nasdaq | 2385.74 | -20.35 | |||
| ASX300 | 5290.0 | -5.5 | NYSE Volume ('000) | 4,205,621 | ||||
| Materials (Sector) | 15,873.5 | +8.1 | US 10-Year Bond | 4.168% | +0.031 | |||
| All Ords Gold (Sub Industry) | 5169.4 | +18.9 | Gold - spot/oz | US$883.70 | -17.60 | |||
| Metals & Mining (Industry) | 5599.6 | +10.6 | Silver - spot/oz | US$16.78 | -0.54 | |||
| Energy (Sector) | 19,309.1 | +249.2 | Platinum - spot | US$2035.00 | -16.00 | |||
| Shanghai Composite | 2760.4 | -71.3 | Palladium - spot | US$465.00 | -6.00 | |||
| Hang Seng | 22,715.0 | -30.6 | Uranium - spot US$/lb | US57.00 | unch | |||
| India BSE 30 | 14,293.3 | -278.0 | Reuters-CRB Index (CCI) | 571.90 | na | |||
| Jakarta Composite | 2362.7 | -9.0 | Light Crude (NYM - $US per bbl.) | US$136.40 | +1.04 | |||
| Nikkei | 13,857.5 | -84.6 | Natural Gas (NYM - $US/mmbtu) | US$13.32 | unch | |||
| Taiwan Weighted | 7876.5 | -26.0 | Copper (LME - spot $US/tonne) | 8510 | -85 | |||
| FTSE 100 | 5667.2 | +46.4 | Lead (LME - spot $US/tonne) | 1823 | -25 | |||
| German DAX | 6589.5 | +11.0 | Zinc (LME - spot $US/tonne) | 1899 | -31 | |||
| A$ = US95.24 | -0.09 | Nickel (LME - spot $US/tonne) | 21,800 | -620 | ||||
| A$ = 102.71yen | +0.09 | Aluminium (LME - spot $US/tonne) | 3095 | -3 | ||||
| A$ = 0.614Euro | +0.003 | Tin (LME - spot $US/tonne) | 23,280 | +450 | ||||
| A$ = 0.485GBP | +0.003 | Sydney Futures Exchange - SPI | 5264 | -13 | ||||
| Click on Links to Access Charts | ||||||||
Stocks stalled Monday, ending mostly lower after rising oil prices and ongoing worries about the financial sector gave investors little reason to buy a day ahead of a Federal Reserve meeting.
Declining issues outnumbered advancers by about 2 to 1 on the New York Stock Exchange, where volume came to 1.09 billion shares compared with a heavy 2.04 billion seen Friday as stocks fell sharply and as several types of options contracts expired.
Crude oil rose on signs that Saudi Arabia's output increase may not boost global supply enough to make up for production disruptions in Nigeria. Attacks on a Royal Dutch Shell Plc platform and a Chevron Corp. pipeline last week halted 300,000 barrels a day of Nigerian output.
Copper fell the most in more than a week as the strengthening US dollar curbed demand for commodities as a hedge against inflation.
Gold fell in New York by the most in almost two weeks as the US dollar strengthened against the euro, reducing the appeal of the precious metal as an alternative investment. Silver also declined.
Initial Director`s Interest Notice - Web Site
Notice under Section 708A(5)(e) of the Corporations Act 2001 - Web Site
Balmoral South Iron Ore Project reaches critical milestone with issue of Feasibility Notice
Australian iron ore company, Australasian Resources Ltd ("Australasian"), (ASX:ARH) is pleased to announce that International Minerals Pty Ltd (IM), a 100%-owned subsidiary of Australasian, has issued a Feasibility Notice to Shougang in order to advance the Balmoral South Iron Ore Project ("Project") to the financing stage as required by the Susan Palmer Deposit Project Agreement ("Agreement").
This outcome is a clear demonstration of IM's continuing commitment towards the development of the Project.
Feasibility Study
The Feasibility Notice was issued following a review of the results of the Feasibility Study as released to the market via a separate ASX announcement dated 18 June 2008.
Key tasks during financing stage
During the financing stage, IM and Shougang will continue to work in a collaborative manner towards the goal of obtaining a Finance Offer. Under the Agreement, Shougang has exclusive rights to deliver a Finance Offer to IM which would provide the necessary funding to implement the Project.
Key tasks during the financing stage include the following:
- Web Site
Becoming a substantial holder from WAS - Web Site
Target`s Statement - Web Site
Notice of fulfilment of FIRB approval condition - Web Site
Non-Renounceable Issue - Web Site
Appendix 3B - Web Site
Media Statement - Minister for Planning and Infrastructure - Web Site
Change of Director`s Interest Notice - Web Site
Becoming a substantial holder from EQT - Web Site
Change in substantial holding - Web Site
VPE:Carnarvon1 Coal Seam Gas Single Well Pilot Well Flow Gas - Web Site
Securities To Be Released From Escrow - Web Site
Change in substantial holding - Web Site
EPE: PEL 88 Renewed and Additional Interests Acquired - Web Site
Change of Director`s Interest Notice - Web Site
DMG Presentation Minesite Investor Forum London - Web Site
Change of Director`s Interest Notice - Web Site
Company Secretary Appointment/Resignation
Sea Lake 1 Daily Update - Web Site
Company Secretary Appointment/Resignation - Web Site
Change in substantial holding from PMM - Web Site
Third Supplementary Targets Statement - Web Site
Sixth Supplementary Target`s Statement - Web Site
INDOPHIL COMPLETES FIRST STAGE OF AGREEMENT TO LIFT ITS TAMPAKAN STAKE TO 34.23%
Indophil Resources has completed the first stage of a process which will lift its stake in the world-class Tampakan Copper-Gold Project in the southern Philippines to 37.5%.
Under an agreement announced on 21 March 2007, Philippine partner Alsons Corporation will progressively exchange its 5% interest in the Tampakan project for a combination of cash and newly-issued shares in Indophil, as per the following table:...... - Web Site
LST: Strong Support for Lion`s Plan - Web Site
AN IMPORTANT MESSAGE TO INDOPHIL AND LION SELECTION SHAREHOLDERS
Indophil Resources NL ("Indophil", ASX:IRN) notes Xstrata Copper's announcement earlier today (Sunday: AEST time) that under a pre-bid agreement with Lion Selection ("Lion", ASX:LST), it intends to match a Competing Offer by Crosby Capital Consortium for Indophil at a cash price of $1.28 per share.
Indophil notes that Xstrata's new offer is significantly higher than the price of $1.00 that it offered in its Bidder's Statement of 13 June 2008. In Indophil's opinion, this means that the commentary around Philippine risks and Indophil's project uncertainties is now just hollow words. All these comments appear to be trying to scare Lion and Indophil shareholders into selling Indophil for a ‘low ball' price.
With two existing offers now in the marketplace for Indophil shares, a competitive albeit conditional environment for control of Indophil has emerged. Lion holds 25% of the issued shares in Indophil and stands to benefit from any upside in respect of the future value of Indophil shares.
At 10am on Monday 23 June 2008, Lion shareholders are being asked to consider four resolutions at Lion's General Meeting. Resolutions One and Two have implications regarding the control of Indophil.
Indophil strongly advises that Lion shareholders maximise the potential for upside in Indophil shares - Lion shareholders should vote AGAINST Resolutions One and Two.
Further, in this context, Indophil strongly advises shareholders to await Indophil's Target's Statement that will be prepared and delivered in response to Xstrata's Bidder's Statement. - Web Site
Overnight update from Management-led bidding Consortium - Web Site
Initial Director`s Interest Notice - Web Site
Proxy Summary Report - Web Site
SETTLEMENT OF PURCHASE OF WONARAH CLAWBACK
Minemakers Limited advises the market that, in accordance with the plans announced on 3 June 2008, its wholly owned subsidiary, Minemakers Australia Pty Ltd ("Minemakers") has yesterday settled the purchase of the Clawback right over the Wonarah Phosphate Project.
Minemakers has purchased that right from Indo Mines Limited for AU$2 million cash and 3 million fully paid shares in Minemakers Limited.
This purchase ensures that Minemakers Limited will have 100% ownership and full control over the Wonarah Phosphate Project.
- Web Site
SENIOR EXECUTIVE APPOINTMENT
Minemakers Limited in particularly pleased to advise that Mr Neville Bergin has accepted the senior executive position of General Manager - Projects Development.
In an important milestone for the Company's fully owned Wonarah Phosphate Project, Mr Bergin will assume responsibility for management of the feasibility, permitting and construction phases of the project. It is also intended that he will supervise development of the Company's tin, tungsten and fluorspar projects in Tasmania.
Mr Bergin will take up the position from mid August after completion of his current role of Vice President - Head of Operations, Australia with Gold Fields Australia Pty Ltd. - Web Site
Notice of Change of Interests of Substantial Holder - Web Site
ZFX Obtains Court Approval of Scheme of Arrangement - Web Site
Appendix 3B - Web Site
Completion of Placement - Web Site
Section 708A - Web Site
Becoming a substantial holder - Web Site
ASX 3Y (BP) - Web Site
Voting Results From EGM 23 June 2008 - Web Site
Appointment of Acting CEO
ROC advises that due to the sudden serious illness of Dr John Doran, Chief Executive Officer, the Board has appointed Bruce Clement, ROC's Chief Operating Officer and Executive Director, as acting Chief Executive Officer. - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Target Energy Despatch of Prospectus - Web Site
Results of Meeting - Web Site
MWE:HIGH-GRADE COPPER INTERCEPTS - KAPULO JV (TEXT VERSION) - Web Site
Appendix 3Z - Web Site
Ceasing to be a substantial holder - Web Site
MWE: HIGH-GRADE COPPER INTERCEPTS - KAPULO JV - Web Site
Appendix 3B - Web Site
Results of Partly Paid Shares Auction/Appendix 3B - Web Site
Notice of initial substantial holder - Web Site
SOIL SAMPLING CONFIRMS GOLD TARGET AT HAWK PROSPECT - HIGHLIGHTS
Scoping Study Complete - Mayoko Iron Ore Project - Web Site
Exploration Update - Web Site
ENE executes $300 million Debt Facility - Web Site
Block SL-4 Update - Web Site
Cleansing Notice - Web Site
Drilling Results Norr Dottern - Web Site
Director Appointment - Web Site
Riverside Alluvial Tin Plant to Commence Full Operations - Web Site
Annual Report to shareholders - Web Site
Change in substantial holding for SXP - Web Site
Results of Meeting - Web Site
Notice of General Meeting/Proxy Form - Web Site
Sinosteel Notice re Welcomes Takeovers Panel decision - Web Site
MMX: Response to Sinosteel Statements and Panel Decision - Web Site
Change in substantial holding - Web Site
HIGH-GRADE COPPER INTERCEPTS - KAPULO JV (COMPLETE VERSION) - Web Site
Appendix 3B - Employee Share Options - Web Site
Issue of Securities - Web Site
Ongava Project Fly-Through Available on Website - Web Site
Gold Mountain Project takes further step towards development - Web Site
Copernicus Drilling Update - Web Site
Wonmunna Iron Project - Drilling Update - Web Site
Appendix 3B - Web Site
AUT: Sugarloaf Operational Update - Web Site
Atlas welcomes NCC recommendation on Goldsworthy Railway - Web Site
Change in substantial holding - Web Site
Notice of Annual General Meeting/Proxy Form - Web Site
Zinc-copper resource drilling underway at Mt Kroombit - Web Site
Becoming a substantial holder - Web Site
NZO: Tui Oil Reserves Increased Again - Web Site
Aurox Advances with Major Port Agreement - Web Site
Wide High-Grade Gold Hits Significantly Enhance Bepkong Gold Discovery
West African gold explorer Azumah Resources Limited (ASX: AZM) is pleased to advise that it has received outstanding results from the current drilling campaign at the Bepkong Prospect, located 2km north of the main 516,000oz Kunche resource at its 100%-owned Wa-Lawra Gold Project in Ghana.
The results from Reverse Circulation (RC) drilling have extended and confirmed a zone of coherent high-grade gold mineralisation at Bepkong that will form the basis for an initial JORC Code compliant resource estimate scheduled for August 2008.
Intersections based on 4m composited samples include:
Change in substantial holding - Web Site
Carnarvon-1 Single Well CSG Pilot Flows Gas - Web Site
Share Purchase Plan Application Form and Information - Web Site
Que River Mine Operations Update - Web Site
Change in substantial holding - Web Site
Pathway to Production - Web Site
Promising alluvial Gold grades confirmed at Craigie, NSW - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
230608 Technical Note - Web Site
NEW CROSSCONTINENTAL JOINT VENTURE BURKINA FASO - Web Site
Appendix 3B - Web Site
Investor presentation on molybdenum discovery - Web Site
Appendix 3B - Conversion of listed options - Web Site
Monthly Drilling Report - Web Site
Suspension of Hazelwood Securities - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Indophil lifts its Tampakan stake to 34.23% - Web Site
Message to Lion and Indophil Shareholders - Web Site
Positive Uranium Drilling Results, Watson Project SA - Web Site
Change in substantial holding - Web Site
Becoming a substantial holder - Web Site
Trading Halt - Web Site
Becoming a substantial holder - Web Site
Senior Executive Appointment - Web Site
Resignation of Ken Talbot from Macarthur Coal Board - Web Site
Iron Ore at Spinifex Ridge - Web Site
Issue of shares - Web Site
Trading Halt - Web Site
Free Bonus Option Issue - Web Site
Share and Option Release from Escrow 10 July 2008 - Web Site
Galoc Project Update - Web Site
Substantial holder notices
Galoc Oil Field Operation Update
Otto Energy (ASX: OEL) has been advised by Galoc Production Company (GPC), that weather conditions near Galoc, offshore Palawan, Philippines are being influenced by nearby Typhoon Fengshen. This is delaying commencemet of production at the Galoc Oil Field. - Web Site
Appendix 3B - Web Site
Third Well Drilling in Turner Bayou - Web Site
M.D. Presentation at EGM 23.06.08 - Web Site
Change of Director`s Interest Notices - Web Site
Appendix 3B - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
INITIAL FIELD PROGRAM UNDERWAY AT EXMOUTH PROJECT NEW TENEMENT APPLICATIONS MADE FOR PHOSPHATE
Highlights
- Web Site
Appendix 3B - Web Site
Wonmunna Iron Project - Drilling Update - Web Site
June 23, 2008 Appendix 3B - Web Site
Hemerdon Ball - Scoping Study Outcome - Web Site
XSTRATA COPPER ANNOUNCES INTENTION TO MATCH COMPETING OFFER BY THE CROSBY CAPTIAL CONSORTIUM FOR INDOPHIL
"Xstrata Queensland Limited (ABN 69 009 814 019) ("Xstrata") a wholly-owned subsidiary of Xstrata plc (LSE: XTA.L, ZSE: XTA.S), refers to the statement made by it on 20 June that it had chosen not to match the offer by a consortium comprising Crosby Capital Limited, the Alsons Group and Mr Richard Laufmann, CEO and Managing Director of Indophil Resources NL (Indophil) (the "Crosby Capital Consortium") to acquire 100 per cent of Indophil for $1.28 cash per share at this time.
Having now had time to further consider its options with regard to its offer for Indophil, Xstrata wishes to confirm that it now intends to match the offer made by the Crosby Capital Consortium by increasing its offer to $1.28.
In accordance with the pre-bid acceptance agreement between Xstrata and Lion Selection Limited ("Lion Selection") dated 14 May 2008, if Xstrata matches any competing offer at least 24 hours prior to the commencement of the Lion Selection general meeting, then the Lion Selection directors are required to recommend that Lion shareholders vote in favour of the resolution to approve the sale of that part of Lion's investment in Indophil to Xstrata, pursuant to this pre-bid acceptance agreement. - Web Site
New web site fully operational - Web Site
Reinstatement to Official Quotation - Web Site
Kihabe Project/Telfer Project - Web Site
Change in substantial holding for RCO - Web Site
Change of Director`s Interest Notice x 2 - Web Site
Capital Raising - Web Site
Bonanza Caloma RC Gold Intercepts - Web Site
Appointment of LaRoche Petroleum Consultants - Web Site
Results of Meeting - Web Site
ESCROW RELEASE - Web Site
Apollo completes aeromagnetic survey - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change of Director`s Interest Notice - Web Site
MAH: Comment on Ausdrill Target`s Statement - Web Site
Response to Macmahon`s Offer - Web Site
Fourth Supplementary Bidder`s Statement - Web Site
HER:Shareholder Update - Tango goes Unconditional - Web Site
Takeover Bid by Tango Mining Pte Ltd update - Amended - Web Site
Notice under Section 650F re Tango Mining Pte Ltd T/O - Web Site
HER: Notice under Section 624(2) re Tango Mining Pte Ltd T/O - Web Site
Progress Report - Further High Grade Yeoval - Web Site
Directors Interest - Web Site
PPP: TUI RESERVES INCREASED AGAIN - Web Site
AWEs Tui Reserve Upgrade - Web Site
Appendix 3B - Web Site
Independent Resource Certification for Judith Gas Field - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
FMG:NCC Draft Rail Access Recommendation - Web Site
Appendix 3B - Web Site
Presentation - Mining The Pilbara - June 2008 - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Trading Halt - Web Site
Government Grant - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Change in Accounting Policy - Web Site
Change of Director`s Interest Notice - Web Site
Production interrupted at Pioneer Mill - Web Site
Weekly Drilling Report Cobra -1A 20th June 2008 - Web Site
Appendix 3Y - Change of Directors Interest - Web Site
Change of Director`s Interest Notice - Web Site
Trading Halt - Web Site
Removal from Official List - Web Site
New Executive Appointments - Web Site
Amended Appendix 3B - Web Site
Saxby Project Update - Web Site
Felix Announces Profit Upgrade - Web Site
Latest Presentation 20 June 2008 - Web Site
Update on Landowners Position - Web Site
Appendix 3B - Issue and Allotment of 22,322,745 shares and 1 - Web Site
Ceasing to be a substantial holder - Web Site
PEN:High gold values in soil samples-Raki Raki Project Fiji - Web Site
GRD Limited - Appendix 3Y - Web Site
Appendix 3B - Web Site
Completion of Option Exercise - Web Site
Galaxy raises $2.25m in share placement - Web Site
Further M2 high grade gold results - Web Site
Bumi response to Tango bid - Web Site
Takeover Bid for Tango Mining Pte Ltd update - Web Site
New Geothermal Permit in Queensland - Web Site
Additional Ore Reserves - Web Site
Concentrate Sample Dispatched - Web Site
Appendix 3B - Web Site
Form 604 for RER
Xstrata Copper Update on Indophil Bid
XSTRATA COPPER ANNOUNCES INTENTION TO MATCH COMPETING OFFER BY THE CROSBY CAPTIAL CONSORTIUM FOR INDOPHIL
"Xstrata Queensland Limited (ABN 69 009 814 019) ("Xstrata") a wholly-owned subsidiary of Xstrata plc (LSE: XTA.L, ZSE: XTA.S), refers to the statement made by it on 20 June that it had chosen not to match the offer by a consortium comprising Crosby Capital Limited, the Alsons Group and Mr Richard Laufmann, CEO and Managing Director of Indophil Resources NL (Indophil) (the "Crosby Capital Consortium") to acquire 100 per cent of Indophil for $1.28 cash per share at this time.
Having now had time to further consider its options with regard to its offer for Indophil, Xstrata wishes to confirm that it now intends to match the offer made by the Crosby Capital Consortium by increasing its offer to $1.28.
In accordance with the pre-bid acceptance agreement between Xstrata and Lion Selection Limited ("Lion Selection") dated 14 May 2008, if Xstrata matches any competing offer at least 24 hours prior to the commencement of the Lion Selection general meeting, then the Lion Selection directors are required to recommend that Lion shareholders vote in favour of the resolution to approve the sale of that part of Lion's investment in Indophil to Xstrata, pursuant to this pre-bid acceptance agreement.
- Web Site
LST: New Offer for Indophil - $1.28 per share - Web Site
Indophil to Lion Shareholders - Vote NO to IRN sale - Web Site
New recommended $1.28 cash bid for Indophil - Web Site
Terms of Sale for Public Auction of Forfeited Shares - Web Site
Jackson Drilling New Copper Discovery - Web Site
KUTh defines new Geothermal Province - Web Site
Appendix 3B Listed Options Exercised - Web Site
IRN: Rival Takeover Bid - Web Site
Macarthur Coal Appoints CFO - Web Site
Grant of Mining Leases at Fortitude - Web Site
Exercise of Listed Options - Web Site
Drilling Program Commenced at Ambrosia-Mulgathing - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Updated Presentation North America - Web Site
Change of Director`s Interest Notice - Peter Coates - Web Site
Free Bonus Option Issue - Web Site
Presentation to 2008 Emerging Companies Conference - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Trading Halt - Web Site
Boardroom Radio Interview - Web Site
Media Release - Proposed Acquisition
Proposed acquisition - letter of intent
Early NT Drilling Results - Yalyirimbi - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding
New Board and Committee Appointments - Web Site
Court Gives Final Approval for Oxiana Zinifex Merger - Web Site
Investor Presentation - Web Site
Ceasing to be a substantial holder from PPT - Web Site
Becoming a substantial holder - Web Site
Drilling Update - Triple Play Prospect - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Clarification re-release update QGC`s reserves - Web Site
Becoming a substantial holder - Web Site
Rio Tinto says NCC recs could cost Australia A$30b - Web Site
RMA Indentifies 35km Coal Strike at Moonie - Web Site
Placement - Web Site
Appendix 3B Issue of Options to Employees - Web Site
Company Presentation - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Adjustment to Conversion Price for Convertible Notes - Web Site
St Barbara Despatches Prospectus for Entitlerment Offer - Web Site
Ceasing to be a substantial holder - Web Site
SINO GOLD SUCCESSFUL COMPLETION OF RETAIL OFFER - Web Site
WCL: Paranui weekly operations report - Web Site
Completion of Due Diligence on Tasmanian Coal acquisition - Web Site
Appendix 3B Application for Quotation of 1109126 shares - Web Site
Appendix 3Y - Change of Director`s Interest Notice - Web Site
Acquisition of Southern Georgina Basin Phosphate Project - Web Site
Appendix 3B 19.06.08 Santos Ltd - Web Site
Subzero 1 Drilling Report - Web Site
Roadshow Presentation - Web Site
Marley-2 Exploration Well - Web Site
Executive Chairman to Drive Development - Web Site
Acquisition of Four New Geothermal Exploration Licences - Web Site
First Diamond Drill Results - Kileba Deposit - Web Site
Change of Director`s Interest Notice (Mike Fischer) - Web Site
Exercise of Options - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Troy Resources NL Audio Broadcast Operations Update - Web Site
Greenfields Exploration Update- Helen Springs - Web Site
Fingal No 1 - Drilling Results - Web Site
Namibian Phosphate Project - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
First Assay Results from Roper Bar Iron Project - Web Site
Change of Directors Interest x 4 - Web Site
Suspension from Official Quotation - Web Site
Change in Accounting Policy - Web Site
Full Year Statutory Accounts - Web Site
|
Friday 20 June 2008 (Close of Business - New York)
|
||||||||
| All Ords | 5411.8 | -72.5 | Dow Jones | 11,842.69 | -220.40 | |||
| ASX100 | 4269.1 | -68.9 | S&P 500 | 1317.93 | -24.90 | |||
| ASX200 | 5288.3 | -78.3 | Nasdaq | 2406.09 | -55.97 | |||
| ASX300 | 5295.5 | -77.9 | NYSE Volume ('000) | 5,308,189 | ||||
| Materials (Sector) | 15,865.4 | -192.7 | US 10-Year Bond | 4.137% | -0.062 | |||
| All Ords Gold (Sub Industry) | 5150.5 | -77.1 | Gold - spot/oz | US$901.30 | +3.30 | |||
| Metals & Mining (Industry) | 5589.0 | -60.6 | Silver - spot/oz | US$17.32 | unch | |||
| Energy (Sector) | 19,059.9 | -653.3 | Platinum - spot | US$2051.00 | +10.00 | |||
| Shanghai Composite | 2831.7 | +82.9 | Palladium - spot | US$471.00 | +2.00 | |||
| Hang Seng | 22,745.6 | -52.0 | Uranium - spot US$/lb | US57.00 | unch | |||
| India BSE 30 | 14,571.3 | -516.7 | Reuters-CRB Index (CCI) | 571.90 | na | |||
| Jakarta Composite | 2371.8 | -1.3 | Light Crude (NYM - $US per bbl.) | US$134.62 | +2.69 | |||
| Nikkei | 13,942.1 | -188.1 | Natural Gas (NYM - $US/mmbtu) | US$13.11 | +0.12 | |||
| Taiwan Weighted | 7902.4 | -145.3 | Copper (LME - spot $US/tonne) | 8595 | +63 | |||
| FTSE 100 | 5620.8 | -87.6 | Lead (LME - spot $US/tonne) | 1848 | +13 | |||
| German DAX | 6578.4 | -142.7 | Zinc (LME - spot $US/tonne) | 1930 | +22 | |||
| A$ = US95.33 | +0.25 | Nickel (LME - spot $US/tonne) | 22,420 | +230 | ||||
| A$ = 102.62yen | -0.34 | Aluminium (LME - spot $US/tonne) | 3098 | +49 | ||||
| A$ = 0.611Euro | -0.002 | Tin (LME - spot $US/tonne) | 22,830 | +410 | ||||
| A$ = 0.482GBP | unch | Sydney Futures Exchange - SPI | 5221 | -88 | ||||
| Click on Links to Access Charts | ||||||||
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