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Company News
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Friday 22 August 2008 (Close of Business - New York)
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| All Ords | 5010.2 | +60.6 | Dow Jones | 11,628.06 | +197.85 | |||||||
| ASX100 | 3996.4 | +40.0 | S&P 500 | 1292.20 | +14.48 | |||||||
| ASX200 | 4931.4 | +56.2 | Nasdaq | 2414.71 | +34.33 | |||||||
| ASX300 | 4926.0 | +56.6 | NYSE Volume ('000) | 3,782,372 | ||||||||
| Materials (Sector) | 13,583.1 | +422.8 | US 10-Year Bond | 3.867% | +0.029 | |||||||
| All Ords Gold (Sub Industry) | 4372.9 | +179.1 | Gold - spot/oz | US$822.20 | -13.40 | |||||||
| Metals & Mining (Industry) | 4762.0 | +149.9 | Silver - spot/oz | US$13.33 | -0.50 | |||||||
| Energy (Sector) | 17,573.4 | +504.8 | Platinum - spot | US$1417.00 | -32.00 | |||||||
| Shanghai Composite | 2405.2 | -26.5 | Palladium - spot | US$284.00 | -3.00 | |||||||
| Hang Seng | 20,392.1 | na | Uranium - spot US$/lb | US64.50 | unch | |||||||
| India BSE 30 | 14,401.5 | +157.8 | Reuters-CRB Index (CCI) | 519.39 | -8.78 | |||||||
| Jakarta Composite | 2120.5 | +32.2 | Light Crude (NYM - $US per bbl.) | US$114.59 | -6.59 | |||||||
| Nikkei | 12,666.0 | -86.2 | Natural Gas (NYM - $US/mmbtu) | US$7.96 | -0.40 | |||||||
| Taiwan Weighted | 6911.6 | -6.8 | Copper (LME - spot $US/tonne) | 7795 | -182 | |||||||
| FTSE 100 | 5505.6 | +135.4 | Lead (LME - spot $US/tonne) | 1866 | -32 | |||||||
| German DAX | 6342.4 | +105.5 | Zinc (LME - spot $US/tonne) | 1805 | -29 | |||||||
| A$ = US86.66 | -1.43 | Nickel (LME - spot $US/tonne) | 21,250 | -170 | ||||||||
| A$ = 95.37yen | -0.18 | Aluminium (LME - spot $US/tonne) | 2740 | -39 | ||||||||
| A$ = 0.586Euro | -0.005 | Tin (LME - spot $US/tonne) | 21,675 | -675 | ||||||||
| A$ = 0.468GBP | -0.001 | Sydney Futures Exchange - SPI | 4969 | +73 | ||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
Wall Street capped a volatile week with sharp gains Friday (on very light turnover) as oil prices tumbled more than US$6.00, the US dollar strengthened against other major currencies, and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrial average rose nearly 200 points.
Advancing issues outnumbered decliners by about 3 to 1 on the New York Stock Exchange, where consolidated volume came to a light 3.62 billion shares compared with 3.94 billion shares traded Thursday.
However, for the week the Dow was down 0.27 percent, the S&P 500 is off 0.46 percent and the technology-heavy Nasdaq is down 1.54 percent.
Oil prices tumbled more than $6 a barrel Friday -- the biggest one-day percentage plunge in nearly four years -- after a rebounding US dollar and a Russian troop pullback in Georgia sparked another frenzied sell-off.
Gold, silver and most metals fell as the US dollar rebounded against the euro.
Ceasing to be a substantial holder for RPM - Web Site
Clarification of Dividend Payment Date - Web Site
Escrow Completion - Web Site
Letter to Shareholders: Escrowed Shares and Options - Web Site
ACCC Calls for Comment on BHP Billiton/Rio Proposed Merger - Web Site
Disclosure of Directors` Interests - Web Site
Half Yearly Report and Accounts - Web Site
Supplementary Prospectus - Web Site
Change of Director`s Interest Notice x 2 - Web Site
Final Director`s Interest Notice - Web Site
Notice of Meeting
S708A Placement - Web Site
Change of Director`s Interest Notice - Web Site
Full Year Statutory Accounts - Web Site
Appendix 3B - Web Site
Base Metals Drill Program Commences
Response to ASX Query - Web Site
Change in substantial holding from PMM - Web Site
Paxton`s abundant visible gold at 671 level - Web Site
Change of Director`s Interest Notice - Web Site
Final Director`s Interest Notice - Web Site
LIO Notification of under subscriptions - Web Site
Zeus-1 Site Survey Completed - Web Site
Appendix 3B and Section 708A Notice - Web Site
Response to ASX Query - Web Site
Notice of Extraordinary General Meeting - Web Site
Change of Director`s Interest Notice - Mr Peter R. Botten - Web Site
Change of Director`s Interest Notice - Mr Gerea Aopi - Web Site
Change in substantial holding - Web Site
Exploration Update - Prairie Downs Base Metals Project
Resource Drilling
On 1 August 2008 the Company announced the cessation of the first drill program at the Costean Seven copper/lead prospect. During this program a total of five holes were drilled, all of which were mineralised. Three out of the five holes did not reach the target depths due to drilling problems and a total of only 821 metres was drilled.
A multi-purpose drill rig commenced operating on site on 2 August 2008 with the objective of targeting depth and strike extensions to the current 4.7 million tonne global zinc resource. In addition, a high grade mineral resource of 1.6 million tonnes grading 12.3%Zn, 3.7%Pb and 36.0 g/t Ag, has been estimated as referred to in the resource table below.
Conceptually the Company may extend high grade resources from 1.6 million tonnes to between 2.0 million tonnes and 2.5 million tonnes grading 8-12% zinc, 1-2% Pb and 10-20 g/t Ag. These potential resources are not estimated due to insufficient exploration to date but are suggested as possible on the basis of unclosed high grade mineralization, previous drilling to depth not included in the high grade resource due to low drill density, and a 3D geological interpretation. Current plant and mine design plans on this basis would support five years of high grade production and further facilitate financing negotiations. The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
A total of 16 RC holes for 2,517 meters have been drilled with target depths being achieved in three holes which intersected both alteration and sulphide mineralisation. All but three holes have reached target mineralization with the remainder of the holes requiring diamond tails to reach anticipated mineralized horizons. It is anticipated the multi-purpose drill rig will swap to diamond drilling late next week to reach target depths.
The mineralization encountered in the current drill program appears to confirm stacked Main and Zed lodes of broad thickness.
Assay results from the first drill program at the Costean Seven copper/lead prospect are expected to be available shortly. The Company anticipates the assay results from the current drill program should be available by the end of September 2008, however delays by the assay laboratory are possible. These results will be released as soon as they are processed.
On completion of the current program the Company will consider extending the current drilling program and drilling the various copper zones which include Costean Seven and Kerrs Find and cover a strike length of some 5 kilometres.
Resource Statement
In previous announcements the Company has referred the Project's total Global Resource of 4.7 million tonnes at a grade of 6.3% zinc, 18g/t silver and 1.8% lead at a nominal lower cut off grade of 1% zinc. The resource statement below has been updated to provide additional information on the classification of the Global Resources including the Indicated Resource and Inferred Resource for the respective lodes..... - Web Site
Exploration Update - Mt Monger Drilling (Amended) - Web Site
Full Year Statutory Accounts - Web Site
S708A(5) Notice and Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
SARL lodges application for listing on ASX - Web Site
Investor Briefing - Web Site
Appendix 3B - Web Site
INSURANCE CLAIM APPEAL DISMISSED
The appeal against the Supreme Court of Victoria's judgement in the Company's business interruption insurance claim against QBE, which was heard in the Supreme Court of Victoria Court of Appeal on 4 August 2008, was yesterday dismissed.
The Company is taking legal advice in regard to this matter.
- Web Site
Wisteria-1 Prepares to Commence Drilling - Web Site
Ausmelt Signs Final Contract for Bolivian Tin Project - Web Site
Trading Halt - Web Site
Extensive Copper Mineralisation at Mt Webb - Web Site
RXL: Withdrawal from Lennard Shelf Joint Venture - Web Site
Change in substantial holding from CBA - Web Site
RPM: RPM Recommendation in respect of the Bow Offer - Web Site
Share Issue - Section 708A(5)(e) Notice - Web Site
Appendix 3B - Web Site
Wisteria 1 - Ready to Spud - Web Site
Masbate Gold Project Currently Ahead of Schedule - Web Site
Comet Appoints New Managing Director - David Bradshaw - Web Site
Annual Report to shareholders - Web Site
Letter to Optionholders - Web Site
Letter to Overseas Shareholders - Web Site
Start Up of Rose 3D Seismic Survey - Web Site
Weekly Drilling Report Cobra -1A ST3: 22nd August 2008
Oil Search, the operator for PPL190, reports as at 0600 on 21st August 2008 that:
"Cobra -1A ST3 well was at total depth of 2,836 metres and an electric logging program was underway. Progress for the week was 70 metres.
Preliminary interpretation of the log data indicates the Hedinia sandstone interval intersected in Cobra -1A ST3 is similar to that in Cobra -1A ST2 and better quality and thicker to that in Cobra -1A and Cobra -1A ST1. Elevated gas readings up to C5 were encountered within the upper section of the Hedinia sandstone.
The forward plan is to complete the formation evaluation program to determine the fluid type within the interval where elevated gas readings have been recorded."
Cobra -1A ST3 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. - Web Site
Appendix 3Y - Change of Director`s Interest Notice - Web Site
New Holes Indicate Extra Mineable Coal - Web Site
Change in substantial holding from CBA - Web Site
Appendix 3B - Private Placement to Botswana Institutions - Web Site
Lerala Diamond Mine Commissioning Update
DiamonEx Limited announces that Plant commissioning at its Lerala Diamond Mine Processing Plant is complete, and recovery of diamonds has commenced. - Web Site
Full Year Statutory Accounts - Web Site
Initial Director`s Interest Notice - Web Site
Copper Mineralisation at Wollogorang - Web Site
Appendix 3B - Web Site
Further Drill Results from Citronen Zinc Project - Web Site
Appendix 3Ys - Web Site
Appendix 3B and Secondary Trading Notice - Web Site
Financials Summary Presentation 2008 - Web Site
MD Discusses Khantau Project - Web Site
Trading Halt - Web Site
72 MILLION TONNE RESOURCE FOR ADMIRAL BAY
Kagara is pleased to announce an initial resource estimate for the Admiral Bay deposit containing an Inferred resource of 72 million tonnes at a grade of 3.1% zinc, 2.9% lead, 18 grams per tonne silver and 11% barium reported at a nominal 2% zinc equivalent cutoff. This is a subset of a larger Inferred resource containing 97 million tonnes at a grade of 2.4% zinc (2.3 million tonnes of zinc), 2.9% lead (2.8 million tonnes of lead), 16 grams per tonne silver (48 million ounces of silver) and 16% barium also reported at a nominal 2% zinc equivalent cutoff. The model has been restricted to a 2.1 kilometre section of an 18 kilometre strike length of known mineralisation and the resource remains open to the east and west along strike.
The resource has been calculated by Coffey Mining Pty Ltd using an inverse distance squared estimation method and is summarized in Table 1. ..... - Web Site
Director Appointment/Resignation - Web Site
Mutiny on Cue - AMEC Conference Presentation - Web Site
Wisteria 1 prepares to commence drilling - Web Site
Change of Director`s Interest Notice - Web Site
RESERVE AND RESOURCE STATEMENT AT 30 JUNE 2008
The Resolute Mining Limited Reserves and Resources Statement at 30 June 2008 shows total Proved and Probable Reserves of 2,972,000 ounces and total Reserves and Resources of 12,235,000 ounces.
The full statement is shown in the attached Table.1
Apart from general depletion of reserves through mining, there have been increases as a result of exploration success and acquisition and changes in category as a result of infill drilling.... - Web Site
Cuzco Lump Project Update - Web Site
Drilling Results at the Kileba Copper Deposit - Web Site
ROSEBY COPPER PROJECT US$100M SENIOR BANK DEBT FACILITY
Universal Resources Limited ("URL" or the "Company") is pleased to advise that it has mandated nabCapital ("NAB") and Commonwealth Bank of Australia ("CBA") as Joint Lead Arrangers ("JLA") to arrange a Senior Bank Debt Facility ("Facility") of US$100 million for the Company as part of the Company's financing requirements for the development of the Roseby Copper Project in Queensland.
The Company is being advised by LinQ Corporate Pty Ltd ("LinQ").
The Facility will be in the form of Senior Bank Debt. Post construction, the Facility will have a term of approximately five (5) years and will be utilised for the development of the Roseby Copper Project including:
Finalisation of the Facility is subject to, amongst other things, completion of satisfactory due diligence and receipt of the requisite approvals required by each JLA. - Web Site
XSTRATA OFFER FOR INDOPHIL TO CLOSE
Brisbane, 21 August 2008
Xstrata Queensland Limited ("Xstrata") today announced that its takeover offer for Indophil Resources NL ("Indophil") will not be extended beyond the scheduled closing time of 7pm (Sydney time) on Friday, 29 August 2008....... - Web Site
Change of Director`s Interest Notice - Russell Meares - Web Site
NGG Sinivit Drilling Intersects Further Oxide Gold Results - Web Site
Table Hill - Drilling Details - Web Site
Preliminary Final Report - Web Site
Amended Prospectus Timetable - Web Site
Musket Confirmed as New Higginsville Discovery
Avoca Resources (ASX:AVO) this morning announced to the market that infill drilling has confirmed Musket as the second grass roots gold discovery at its 100% owned Higginsville Gold Project, following the Wills discovery announced in 2007. The results confirm that Musket is a shallow high grade discovery that remains open in all directions. It has currently been defined from the surface to depths of 120m over a strike length of over 300m. The new results include: 10m @ 5.0 g/t gold from 54m, 8m @ 5.5 g/t gold from 50m, 8m @ 4.5 g/t gold from 74m and 5m @ 5.9 g/t gold from 126m. ..... - Web Site
Response to an ASX Query - Director`s Interest Notice - Web Site
AWE Results Presentation - Web Site
Record AWE full year profit - Web Site
Change in substantial holding from NGF - Web Site
Response to an ASX Query - Director`s Interest Notice - Web Site
Testing of Cuisinier-1 oil well to commence - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
2008 Half Year Results - Web Site
EPE Presentation Roadshow Revised 22 August 2008 - Web Site
Extension of Share Purchase Plan
On 21 July 2008 Gold Aura Limited ("the Company") advised that it would make an offer under the Company's Share Purchase Plan to eligible shareholders. Offer documents were subsequently despatched to eligible shareholders early this month.
The Company's Board of Directors has decided to extend the closing date under the offer from Monday, 25 August 2008 to Monday, 8 September 2008. - Web Site
Shoemaker Exploration Update - Web Site
Appendix 3E - Web Site
Acquires Interest in Wildcat - Web Site
Development Update on Flax Field
Flax 1
The well is producing about 250-300 bopd on a 16/64 inch choke. Trucking of oil to Moomba is proceeding on a regular basis.
Flax 2
The workover rig is currently undertaking a recompletion operation. The well is expected to initially produce at 200-300 bopd from the basal Patchawarra sandstone after well tie back to the Flax facility.
Flax 3
Well tie back to the Flax facility is underway with production expected to start before month end.
Flax 4
Well tie back to the Flax facility is underway with production to commence soon after Flax 3.
Flax 5
Following last week's report, the well has been shut in awaiting the workover rig. It is planned to selectively complete the well over the next few weeks to determine the individual production stream from the basal Patchawarra sandstone and Tirrawarra Sandstone.
Flax 6
The well has been fracture stimulated and is on cleanup and flowback prior to being shutin for a pressure buildup survey.
Flax 7
No activity.
Flax East 1
Perforation of the Tirrawarra Sandstone interval has been completed and a downhole pressure gauge run for monitoring purposes. - Web Site
MARKET UPDATE
Becoming a substantial holder - Web Site
Accept Stanhill's superior offer now.
Xstrata does not extend its offer for Indophil
Indophil Resources NL (ASX: IRN) notes yesterday's announcement by Xstrata Queensland Limited that it will not extend its offer for Indophil. Indophil now considers that Xstrata will be unsuccessful in its takeover offer for Indophil as:
Assuming that the Xstrata offer is not successful, after 29 August 2008 the Stanhill offer will be the only offer open and available for Indophil shareholders to accept. - Web Site
Preliminary Final Report - Web Site
Kalman Drillhole K-106A Significant Intersection
The Directors are pleased to announce the complete results for drillhole K-106A that includes the highly significant massive chalcopyrite intersection previously announced on 4 July 2008.
Highlights
K-106A - 232m @ 1.33% Cu, 0.50g/t Au, 0.06% MoS2 from 548m
including 7.65m @ 23.4% Cu, 0.51g/t Au, 20g/t Ag from 581.65m
including 51m @ 1.07% Cu, 0.69g/t Au, 0.25% MoS2 from 667m
including 59m @ 1.11% Cu, 1.24g/t Au from 718m..... - Web Site
Onshore Texas Drilling Update - Web Site
Goodwin-1 Well Drilling Operations Commencing - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Appendix 1A paragraph 9 amended - Web Site
Competent Persons Report Available On Company Website - Web Site
Change of Director Interest Notice - Web Site
Audio Broadcast - Web Site
DRILLING REPORT - 21 August 2008
WELL NAME: Cobra 1A ST3, PNG
Oil Search reports that at 0600 on 21 August, the Cobra 1A ST3 well was at a total depth of 2,836 metres and an electric logging program was underway. Progress for the week was 70 metres.
Preliminary interpretation of log data indicates the Hedinia sandstone interval intersected in Cobra 1A ST3 is similar to that in Cobra 1A ST2 and of better quality and thicker than that in Cobra 1A and Cobra 1A ST1. Elevated gas readings up to C5 were encountered within the upper section of the Hedinia sandstone.
The forward plan is to complete the formation evaluation program to determine the fluid type within the interval where elevated gas readings have been recorded.
Cobra 1A ST3 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. - Web Site
Change in substantial holding - Web Site
Broken Hill Operation Resizing and Closure of Hedge Book - Web Site
Appendix 3B - Web Site
Petsec to acquire two new leases in the Gulf of Mexico, USA
Petsec Energy Ltd (ASX, PSA; ADRs, PSJEY.PK)
Petsec Energy was the sole bidder on two leases in the Western Gulf of Mexico Lease Sale 207 conducted by the Minerals Management Service (MMS) in New Orleans on August 20.
The leases will be awarded subject to approval by the MMS which is expected to occur within the next 90 days. - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Notice of change of interests of substantial holder for RPM - Web Site
QGC and Sunshine Gas in agreement on takeover offer
On Wednesday 20 August 2008, the Boards of QGC and Sunshine Gas Limited (Sunshine) jointly announced an agreement for an offer by QGC for all the issued shares in Sunshine.
The terms of the Offer are set out in the Takeover Bid Implementation Agreement (TBIA) signed on 20 August 2008 by QGC and Sunshine.
QGC has also entered into a Pre Bid Acceptance Agreement with Sunshines largest shareholder in respect of 15 per cent of Sunshines issued shares..... - Web Site
Notice of General Meeting - Web Site
Exploration Update - Mt Monger Drill Program - Web Site
Canning Basin Coal Drilling Update AUGUST 2008 - Web Site
Change in substantial holding - Web Site
AZA Review of BMG Reserves Consistent with ROC's View
On 16 June 2008, ROC announced its proposed merger with Anzon Energy Limited ("AEL") and its off-market takeover offer for Anzon Australia Limited ("AZA"), in which AEL has a 53% shareholding. On 7 August 2008, ROC released its Replacement Bidder's Statement in relation to the AZA Takeover Offer.
On 19 August 2008, AZA released to the market the results of an extensive review of hydrocarbon reserves for the Basker Manta Gummy (BMG) fields located in VIC/L26, VIC/L27 and VIC/L28 in the Gippsland Basin, offshore Victoria. The review, which was independently verified by Resource Investment Strategy Consultants (RISC), concluded that the remaining Proved plus Probable (2P) Reserves of the BMG fields were 74.2 MMBOE (29.7 MMBOE net to AZA) as at 30 June 2008.
The results of the AZA reserves review are consistent with ROC's assessment of the 2P Reserves for the BMG fields of 27 MMBOE net to AZA as at 1 April 2008, including best estimate gas and condensate contingent resources as detailed in the AZA Bidder's Statement. After adjusting for differences in the date for remaining reserves estimates (30 June versus 1 April) and small differences in gas to oil conversion factors, the reported remaining reserves for the BMG fields, on a like-for-like basis, are broadly in line with ROC's estimates.
Commenting on the AZA Reserves Report, ROC's Acting Chief Executive Officer, Bruce Clement said:
"The report confirms ROC's own assessment of the 2P Reserves for the BMG fields, which formed the basis for ROC's takeover offer for AZA. Importantly, the report also identifies significant 3P Reserves upside for the fields, with the reported Possible Reserves of 92.9 MMBOE (37.2 MMBOE net to AZA) representing over 125% of the 2P Reserves. A significant part of this upside potential will be tested with development drilling that is scheduled to be undertaken over the next 18 months." - Web Site
ITC: Growler 4 Drilling Update
Daily share buy-back notice - Appendix 3E - Web Site
Notice of initial substantial holder from QGC - Web Site
Operational Advice Sabretooth
SABRETOOTH PROSPECT - DAVIS BINTLIFF #1
(Working Interest 12.5%, Net Revenue Interest 9%)
On the 21st of August at 0600 hours, the Davis Bintliff #1 well was at a measured depth (MD) of 14,125 feet, drilling ahead in 6 ½ inch hole, and still above the primary target.
Mud log data suggest that two thin sandstones were intersected at 14,000 and 14,050 feet MD, and returned credible gas shows.
Since our last report, a 7 5/8 inch liner was set as planned at 13,721 feet (MD) and, prior to that, open hole logs were run. During that operation, some time was lost while recovering the logging tools and to achieve a remedial cement job on the liner seal. While drilling operations are now back to normal and these kinds of delays are not unusual in this type of well, the well is now slightly behind schedule.
The Davis Bintliff #1 well is located in Brazoria County, in Texas' onshore Gulf Coast producing region. The prospect was delineated by a comprehensive 3D seismic grid, which resulted in a significant off-setting gas/condensate discovery with an amplitude response identical to that observed at the Davis Bintliff #1. The proposed well has an estimated contingent recoverable volume of 25 Bcfe, in which Samson has a 12.5% working interest. - Web Site
Stuart Newsletter - August 2008
Stuart Petroleum Limited has acquired Operatorship and a 50% equity interest in the offshore Timor Sea (Ashmore Cartier) permit AC/P33.
The AC/P33 permit contains the Oliver oilfi eld with potential recoverable oil and condensate estimated at 9.6 million barrels (Stuart share of Mean JV Volumes).
This acquisition will have a signifi cant impact on Stuart's growth potential..... - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
TMR Boardroom Radio Half Year Results Interview with CEO - Web Site
Oil Shows in Growler-4 Confirmed by Wire Line Logs, PRL 15, South Australian Cooper Basin
Summary:
Victoria Petroleum N.L. as operator for the PEL 104/ PRL 15 Joint Venture advises that the current operation at the Growler-4 development well is completing the running of wire line logs after having drilled to total depth of 1,823 metres measured depth.The primary target, the Birkhead Formation sandstone was intersected at 1,722 metres and good oils shows of fluorescence associated with elevated mud gas readings encountered over the 18 metre interval from 1,722 metres to 1,740 metres.... - Web Site
Clarification of Exploration Potential - Web Site
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Thursday 21 August 2008 (Close of Business - New York)
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| All Ords | 4949.6 | -47.9 | Dow Jones | 11,430.21 | +12.78 | |||
| ASX100 | 3956.4 | -41.1 | S&P 500 | 1277.72 | +3.18 | |||
| ASX200 | 4875.2 | -54.3 | Nasdaq | 2380.38 | -8.70 | |||
| ASX300 | 4869.4 | -52.8 | NYSE Volume ('000) | 4,073,148 | ||||
| Materials (Sector) | 13,160.3 | -16.7 | US 10-Year Bond | 3.838% | +0.039 | |||
| All Ords Gold (Sub Industry) | 4193.8 | -25.2 | Gold - spot/oz | US$835.60 | +22.80 | |||
| Metals & Mining (Industry) | 4612.2 | -0.5 | Silver - spot/oz | US$13.83 | +0.58 | |||
| Energy (Sector) | 17,068.6 | +111.5 | Platinum - spot | US$1449.00 | +83.00 | |||
| Shanghai Composite | 2431.7 | -91.6 | Palladium - spot | US$287.00 | +4.00 | |||
| Hang Seng | 20,392.1 | -539.2 | Uranium - spot US$/lb | US64.50 | unch | |||
| India BSE 30 | 14,243.7 | -434.5 | Reuters-CRB Index (CCI) | 528.17 | +17.72 | |||
| Jakarta Composite | 2088.3 | +18.6 | Light Crude (NYM - $US per bbl.) | US$121.18 | +5.62 | |||
| Nikkei | 12,752.2 | -99.5 | Natural Gas (NYM - $US/mmbtu) | US$8.36 | +0.18 | |||
| Taiwan Weighted | 6918.5 | -122.4 | Copper (LME - spot $US/tonne) | 7977 | +232 | |||
| FTSE 100 | 5370.2 | -1.6 | Lead (LME - spot $US/tonne) | 1898 | +87 | |||
| German DAX | 6237.0 | -80.8 | Zinc (LME - spot $US/tonne) | 1834 | +104 | |||
| A$ = US88.09 | +0.73 | Nickel (LME - spot $US/tonne) | 21,420 | +1,630 | ||||
| A$ = 95.55yen | -0.38 | Aluminium (LME - spot $US/tonne) | 2779 | +50 | ||||
| A$ = 0.591Euro | -0.001 | Tin (LME - spot $US/tonne) | 21,925 | +1,105 | ||||
| A$ = 0.469GBP | unch | Sydney Futures Exchange - SPI | 4875 | +31 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street finished mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.
Oil prices rose more than $5 as investors questioned whether tensions with Russia would disrupt energy shipments from the world's second-largest oil producer. A weaker U.S. dollar and worries about tightening output from OPEC countries are also supporting prices.
Declining issues outnumbered advancers by about 3 to 2 on the New York Stock Exchange, where consolidated volume came to a light 3.94 billion shares compared with 4.45 billion shares traded Wednesday.
Copper jumped the most in six months as the US dollar weakened, spurring demand for commodities as a hedge against inflation.
Gold rose the most in almost two months and silver had its biggest gain since 2006 as rising energy costs and a decline in the value of the US dollar boosted the appeal of precious metals as hedges against inflation.
Tin jumped more than 5 percent on expectations that supply from Indonesia, the world's second-largest tin producer after China, will decline, traders said.
STAVELY ROYALTY RE-NEGOTIATED
Beaconsfield Gold has been exploring the Stavely tenement (EL4556) in western Victoria, which includes the Thursdays Gossan (copper) and Fairview (gold) prospects, under an option agreement with the tenement holder, New Challenge Resources Ltd ("NCR"). The agreement provided Beaconsfield Gold with an option until July 2009 to acquire 100% of the tenement in exchange for $350,000 and a 3% net smelter return royalty.
The parties have now negotiated a variation to this agreement whereby Beaconsfield Gold also has an option to reduce the royalty to a 1% net smelter return by making a payment of $500,000 to NCR. This option expires on 31 July 2011.
In exchange, NCR will receive an immediate non-refundable prepayment of $100,000 against the $350,000 exercise price to acquire the tenement, with the balance of $250,000 payable by July 2009 should the option be exercised. In addition NCR will be issued 1.0 million Beaconsfield Gold options exercisable at 25 cents. The options expire on 30 September 2011 and would raise $250,000 if fully exercised by NCR.
Beaconsfield Gold recently announced a maiden JORC compliant inferred resource for the supergene copper deposit at Thursdays Gossan. At a lower cut-off grade of 0.3% copper, the resource contains 47,300 tonnes of contained copper. A concept study for an open pit mine is currently being prepared.
In addition, a diamond drill program is currently in progress to follow up previously announced high grade primary copper intersections adjacent to the resource.
- Web Site
Notice in accordance with ASX Listing Rule 3.2 - Web Site
Summary of Elections - Web Site
AWE: AWE and Arc Merger Update - Web Site
BRANDRILL ANNOUNCES 82% PROFIT INCREASE FOR FY08 - Web Site
NGF: Extension of Offer Off-Market Takeover Bid for Bellamel - Web Site
NGF: T/O for Bellamel - Supplementary Bidder`s Statement - Web Site
Change in substantial holding - Web Site
Board Appointments - Web Site
Final Director`s Interest Notice - Web Site
Appointment of Director - Web Site
OSH: Drilling Report (Cobra 1A ST3). 21 August 2008 - Web Site
Response to ASX Query re Appendix 3Ys - Web Site
Completion of Placement and Capital Raising - Web Site
Section 708A(5) Notice - Web Site
MRX: Clarification of JV Earn In Terms - Web Site
Notice of Expired Options and Appendix 3Y - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Becoming a substantial holder from PPT - Web Site
Change in substantial holding - Web Site
Stanhill Notice of Despatch of Bidder`s Statement - Web Site
XSTRATA OFFER FOR INDOPHIL TO CLOSE
Xstrata Queensland Limited ("Xstrata") today announced that its takeover offer for Indophil Resources NL ("Indophil") will not be extended beyond the scheduled closing time of 7pm (Sydney time) on Friday, 29 August 2008. - Web Site
VPE: Oil Shows in Growler-4 Confirmed by Wire Line Logs, PRL 15, South Australian Cooper Basin
Summary:
Victoria Petroleum N.L. as operator for the PEL 104/ PRL 15 Joint Venture advises that the current operation at the Growler-4 development well is completing the running of wire line logs after having drilled to total depth of 1,823 metres measured depth.The primary target, the Birkhead Formation sandstone was intersected at 1,722 metres and good oils shows of fluorescence associated with elevated mud gas readings encountered over the 18 metre interval from 1,722 metres to 1,740 metres. - Web Site
Change of Director`s Interest Notice x 2 - Web Site
Change of Director`s Interest Notice - H Han (2) - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3Y - Issue of Unlisted Options (L Emery) - Web Site
Company Secretary Appointment/Resignation - Web Site
NI43-101 Technical Report - Canadian filing - Web Site
Change in substantial holding - Web Site
Appendix 3B Amendment - Web Site
Appendix 3Y - Change of Director - Web Site
Becoming a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
WGP - Oswal Resources Ltd Joint Venture - Web Site
Appendix 3B - Web Site
Rincon Salar Update - Web Site
Change in substantial holding from LRF - Web Site
Presentation for Eastern States Roadshow - Web Site
Response to ASX Price Query - Web Site
JORC Estimate for Homeville - Nickel / Cobalt Deposit - Web Site
Martin County Update - Web Site
Appointment of Managing Director - Web Site
ROC: AZA Review of BMG Reserves Consistent With ROC`s View - Web Site
INDEPENDENT RESERVE ESTIMATION
Antares Energy Limited is pleased to announce the results of its independent reserves estimation. The Company engaged LaRoche Petroleum Consultants, Ltd. to undertake an independent estimation of the proved, probable and possible reserves and resultant cash flows of the Company's oil and gas assets as at 30 June 2008.
The prices used by LaRoche Petroleum Consultants, Ltd are the same as those which would have been used if this report were prepared for filing with the SEC. Oil prices are referenced to a per-barrel NYMEX West Texas Intermediate (WTI) closing price as at 30 June 2008 adjusted for gravity, crude quality, transportation fees and regional price differentials. This price was $136.50/bbl. Gas prices are referenced to a per-MMBtu NYMEX Henry Hub closing price as at 30 June 2008 adjusted for energy content, transportation fees and regional price differentials. This price was $13.095/MMBtu. Prices are held constant which is consistent with SEC guidelines.
HIGHLIGHTS
BROCKMAN DELIVERS 40% INCREASE IN MARILLANA IRON ORE RESOURCE TO 1.6 BILLION TONNES
More High Grade Strikes at Silver HIll - Web Site
Change in substantial holding from LRF - Web Site
Notice of Change of Interests of Substantial Holder for MXX - Web Site
Appendix 3B - Issue of Securities - Web Site
Appendix 3Y - Change of Director`s Interest Notice - Web Site
Appendix 3Y - Change of Director`s Interest Notice - Web Site
Appendix 3Y - Change of Director`s Interest Notice - Web Site
Plutus drilling intercepts multiple high grade intersections - Web Site
AUSTRALIAN & NAMIBIAN - EXPLORATION UPDATE
Highlights:
AUSTRALIA - MOUNT ISA
NAMIBIA
Change in substantial holding - Web Site
Ivanhoe Completes Initial Joint Venture Earn-In
Change of Director`s Interest Notice - Web Site
Geothermal Conference presentation - Web Site
Open Briefing Interview with David Robb, MD of Iluka - Web Site
Change of Director`s Interest Notice - Web Site
Progress Report - Web Site
Request for Trading Halt - Web Site
Change of Director`s Interest Notice - Web Site
Presentation to Shareholders, General Meeting, 21/8/2008 - Web Site
Admission to Official List - Web Site
Record date Final Dividend 2008 - Web Site
Notice Ceasing Substantial Shareholding - Vital Rays - Web Site
SEG: Pardoo Drill Results - Web Site
Initial Director`s Interest Notice - Web Site
QGM: Newmont joins QGM in Queensland Project - Web Site
BMM: Kalgoorlie West Resource Upgrade (ann: 15/08/08) - Web Site
Extension of Offer - Off-Market Takeover Bid for Bellamel
We attach by way of service, in accordance with subsection 650D(1) of the Corporations Act 2001 (Cth) (Act), a notice of variation stating that Norton has today extended its offer period in relation to its off-market takeover bid for all of the fully paid ordinary shares in Bellamel.
The offer period is now scheduled to close at 7.00pm (AEST) on 19 September 2008 (unless further extended in accordance with the Act).
For the purpose of ASX Listing Rule 3.2, Norton confirms that:
(a) at the date of the offer, being 28 July 2008, Norton and its associates had a relevant interest in 0% of Bellamel's ordinary shares; and
(b) at the date of this offer extension, Bellamel and its associates has a relevant interest in 38.94% of Bellamel's ordinary shares. - Web Site
OZ Minerals 2008 Interim Financial Results
Financial results
Strong outlook; merger benefits identified; but volatile operating environment
Key points
Overview
OZ Minerals Ltd (ASX: OZL) today released its financial results for the 6 months to 30 June 2008.
"Excluding the effect of one-off items, net profit after tax attributable to members of the Company (that is, for the entity that was known as Oxiana before implementation of the merger) was $72.2 million for the six months to 30 June 2008", said Andrew Michelmore, Managing Director and CEO of OZ Minerals. "This result does not reflect a consolidation of the former Oxiana and Zinifex", he continued, "as the implementation of the merger occurred after the period being reported on today."
"OZ Minerals' operational performance has been very sound and, as reported in our recent Quarterly Report, production volumes at all sites has been strong.
"However, LME prices for copper and zinc (in Australian dollars) have been volatile; in the first half of 2008, copper was 6.2% higher on average than in the previous six months while zinc was 31.7% lower. This outcome, combined with the generally higher operating costs we reported in the Quarterly Report, has been the primary reason that the financial performance we are reporting today is not better". Mr. Michelmore added.
"Notwithstanding the negative impact of commodity price movements on our short-term performance", Andrew Michelmore continued, "the long-term demand strength that we and many participants in the minerals industry have referred to many times remains intact, and OZ Minerals is exceptionally well-positioned to benefit".
Directors remain confident about the competitive cost base of the Company and with the medium- and longer-term outlook, and have declared a dividend of 5 cents per share dividend (unfranked) for the period, compared to 4 cents per share (franked) in the first half of 2007. The dividend will result in a transfer to shareholders of approximately $156 million.
The Record Date for the dividend is 3 September 2008 and the Payment Date is 29 September 2008. The terms of OZ Minerals' Dividend Re-investment Plan have been maintained, including the 2.5% issue discount.
The Company has also released the full-year financial results for Zinifex and unaudited pro-forma financial information which is based on the assumption that Oxiana and Zinifex had been merged for the whole of the six-month period to 30 June 2008. The pro-forma data is provided solely for the purpose of providing market participants with a profile of the merged Company and should not be seen to be as a definitive statement of actual performance.
Excluding the effect of one-off items and discontinued operations, Zinifex earned net profit after tax for the year ended 30 June 2008 of $226.7 million. ........ - Web Site
West Tulsa Drilling Continues - Web Site
Internal Capital Management Transactions - Web Site
Preliminary Final Report - Web Site
Company Secretary Appointment/Resignation - Web Site
Drilling Update Rayburn Project - Web Site
Chief Operating Officer Appointment - Web Site
2008 Full Year Results Information Pack - Web Site
2008 Full Year Results Presentation - Web Site
Initial Director`s Interest Notice - Web Site
ASSOCIATE COMPANY: NEW GUINEA GOLD CORPORATION ANNOUNCES SINIVIT DRILLING INTERSECTS FURTHER OXIDE GOLD RESULTS such as 20m at 17.2g/t GOLD
Adelaide Brighton June 2008 results presentation - Web Site
Change of Registered Office - Web Site
Kansas - Expansion of Operations and Drilling Program - Web Site
Notice of initial substantial holder - Web Site
AWEs Netherby-1 Update - Web Site
Off market takeover offer by ROC for AZA Update - Web Site
Change in substantial holding from NGF - Web Site
Bounty Continuous Haulage System Goes Underground - Web Site
Significant Resource Upgrade at Marillana - Web Site
Drilling Update - Web Site
Open Briefing - Interview with Stephen Dennis - Web Site
Australian and Namibian Exploration Update - Web Site
Appalachian Update - Web Site
Ceasing to be a substantial holder - Web Site
Iluka 2008 Half Year Results Investment Presentation - Web Site
Iluka Half Year Results 4D Financial Commentary - Web Site
Change of Director`s Interest Notice - Web Site
Enhanced T/O Proposal by Stanhill Resources P/L - Web Site
Becoming a substantial holder - Web Site
Appendix 3X`s x 2 - Amended - Web Site
Preliminary Final Report - Web Site
SXP: Linc Commences Coal Drilling Program - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
MINCOR DELIVERS ROBUST $64 MILLION PROFIT FOR 2008 DESPITE NICKEL PRICE DROP
Maintains Annual Fully Franked Dividend Payout at 12 cents
Australian nickel mining company Mincor Resources NL (ASX: MCR) has maintained a strong platform for its multi-mine growth strategy in the Kambalda region of Western Australia, after today announcing a robust net annual profit after tax of $64.04 million*, despite the impact of lower nickel prices during the year.
The bottom line earnings result - which is 36% lower than the Company's all-time record profit of $101.3 million for the 2007 financial year - was struck on gross revenues of $329.3 million (2007: $334.5 million). The reduction in earnings reflects a 33% fall in average cash margins due to lower realised nickel prices. The result translates into earnings per share of 32.1 cents (2007: 51.3 cents).
The profit result is net of $12.8 million in exploration expenditure written off, as well as $11.9 million in negative net provisional pricing adjustments from the previous year. Operational earnings (revenues minus cash costs) were $171.2 million (2007: $191.4 million), while earnings before interest, tax, depreciation and amortisation (EBITDA) were $140.8 million (2007: $175.7 million).
Despite the impact of the nickel price on earnings, the Company has declared a fully franked final dividend of 6 cents per share - bringing the dividend payout for the 2007/08 financial year to 12 cents per share (2007: 12 cents). This maintains Mincor's track record of returning cash to shareholders, with uninterrupted dividend payments dating back to 2003.
The Company's financial position remains exceptionally strong, with a net cash balance at year end of $112.5 million and no debt. Despite the absence of gearing, the return on shareholders' equity achieved for the year was a healthy 29%.
The 2008 financial result was based on a 28% increase in production to a record 16,562 tonnes of nickel-in-concentrate (2007: 12,927 tonnes). The average nickel price realised by the Company during the year fell to A$13.53/lb compared with A$17.28/lb the previous year, reducing the Company's cash margin by 33% despite a 3% improvement in cash costs to A$6.40/lb for the year (2007: A$6.59/lb)...... - Web Site
2008 Full Year Presentation - Web Site
New Measured Gold, Uranium and Sulphur Resources at Elsburg - Web Site
Pardoo Drilling Results - Web Site
Change in substantial holding - Web Site
Appendix 3b and Section 708A(5)(e) Notice - Web Site
Cancellation of Options - Web Site
Company-Exploration Progress Report - KEY AREAS
VCAT decision to enable Orbost plant upgrade - Web Site
Change in substantial holding - Web Site
Broken Hill Operation - Resizing and Closure of Hedge Book
Perilya (ASX code: PEM) advises it has completed an extensive review of its Broken Hill zinc, lead and silver operation and implemented a plan to resize the operation in light of current low metal prices. As a result of this review, production at the Broken Hill Operation will be focused on a lower tonnage profile around mining remnant pillars and stopes with low development requirements in the Southern Operation. The North Mine and Potosi exploration decline will be placed on care and maintenance. These operational changes are aimed at ensuring the Broken Hill Operation maintains a production level that is financially viable and allows the operation to weather the current low metal prices. The Broken Hill Operation will be well positioned to re-establish increased production and profitability in the future when metal prices increase.A summary of the production and operational changes include:
Operations can run for at least a further 7 years. In addition, there are significant additional mineral inventories also available at Potosi, North Mine, Flying Doctor, Pinnacles and other regional deposits.
In conjunction with the resizing, Perilya has closed-out its hedge book realising $60.3 million in cash. The hedge book was closed to realise its inherent financial value and to strengthen the company's balance sheet during this period of low metal prices.Patrick O'Connor, Perilya's Executive Chairman, said, "The resizing at the Broken Hill Operation is prudent, conserves cash and positions the operation for the future. The company is confident that the Broken Hill Operation can be sustained to maintain a level of continuity of production and one that is financially viable at current metal prices for at least the next 2 to 3 years without significant compromise to the longer-term life of mine.""Should metal prices increase in the future, we will be in a strong position to ramp-up production at the Broken Hill Operation and to utilise the full potential of the Broken Hill concentrator with ore sources from the Southern Operations, Potosi, the North Mine and Flying Doctor," he said."Regrettably, the lower production rate necessitates a reduction in our workforce from 760 to 320 employees. The affected employees will be provided with their full entitlements and supported in the transition. The decision to reduce our workforce has not been taken lightly and we are mindful of the impact upon individuals, their families and the community. We firmly believe that this is the best option to ensure continuity of operations and to preserve the mine for the long-term benefit of the community and the shareholders." he added."Perilya is in a sound financial position with cash reserves and low debt to weather the current period of low metal prices," he added. - Web Site
Trading Halt - Web Site
KEY POINTS
Madrid District Heating Project Update - Web Site
Trading Halt - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Guelb el Aouj Update - Web Site
Straits Asia Resources Ltd Announcement to the SGX on20/8/08 - Web Site
Santos announces capital management strategy
Santos today announced a capital management strategy comprising the following key initiatives:
Santos proposes gas-fired power station for western Victoria
Santos today announced a proposal to construct a nominal 500 MW power station near Orford in western Victoria.
The proposed move into power generation reflects Santos' recognition that natural gas will play an increasingly significant role in Australia's power generation mix.
With an estimated total project cost of $800 million, the first phase of the proposed combined cycle gas turbine (CCGT) Shaw River Power Station would be expandable to a three-CCGT nominal 1,500 MW plant supplying power to the eastern Australian energy grid.
The proposed power station would be built adjacent to the existing Moorabool to Heywood 500 kV high voltage transmission line. Natural gas would be supplied from Santos' gas portfolio via a new dedicated 105 km underground gas pipeline from near Port Campbell..... - Web Site
Santos 2008 Half Year Results
Highlights
Santos today announced a 58% increase in net profit after tax to $304 million for the half year ended 30 June 2008.
Sales revenue, EBITDAX and operating cash flow were all at record levels for the first half. Sales revenue increased by 14% to $1.4 billion. Higher commodity prices were evident across the Santos portfolio, with average realised Australian dollar oil, condensate and natural gas prices increasing by 45%, 42% and 4% respectively.
Earnings before interest, tax, depreciation, amortisation and exploration (EBITDAX) increased by 6% to $1,032 million and underlying net profit after tax increased by 30% to $289 million.
Production of 27.6 million barrels of oil equivalent for the half year was 8% lower than last year, primarily due to higher downtime at producing assets in Western Australia, including the impact of the Varanus Island incident on John Brookes production, partially offset by new production in Asia and higher production of coal seam gas.
Production costs increased in line with company guidance, primarily due to new production from Oyong (Indonesia) combined with higher costs in the Cooper Basin.
Operating cash flow increased by 30% to a first half record $699 million, primarily reflecting higher operating results and lower tax payments.
Growth Strategy
Key milestones in the Company's growth strategy were achieved in the half year, including:
Santos off-market share buy-back presentation - Web Site
DLS: Weekly Drilling Update - Web Site
Santos announces capital management strategy - Web Site
Santos 2008 Interim Results Presentation - Web Site
Santos 2008 Half Year Results - Web Site
Half Year Accounts - Web Site
Change of Director`s Interest Notice (Hugh Callaghan) - Web Site
HIGH-GRADE AND EXTENSIVE PHOSPHATE MINERALISATION CONFIRMED AT MARQUA PROJECT, NT
Highlights
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Wednesday 20 August 2008 (Close of Business - New York)
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| All Ords | 4997.5 | +67.1 | Dow Jones | 11,417.43 | +68.88 | |||
| ASX100 | 3997.5 | +51.3 | S&P 500 | 1274.54 | +7.85 | |||
| ASX200 | 4929.5 | +63.1 | Nasdaq | 2389.08 | +4.72 | |||
| ASX300 | 4922.2 | +62.1 | NYSE Volume ('000) | 4,621,163 | ||||
| Materials (Sector) | 13,177.0 | +474.1 | US 10-Year Bond | 3.799% | -0.043 | |||
| All Ords Gold (Sub Industry) | 4219.0 | +95.4 | Gold - spot/oz | US$812.80 | -0.90 | |||
| Metals & Mining (Industry) | 4612.7 | +178.3 | Silver - spot/oz | US$13.25 | +0.01 | |||
| Energy (Sector) | 16,957.1 | +278.4 | Platinum - spot | US$1366.00 | +21.00 | |||
| Shanghai Composite | 2523.3 | +178.8 | Palladium - spot | US$283.00 | -2.00 | |||
| Hang Seng | 20,931.3 | +446.9 | Uranium - spot US$/lb | US64.50 | unch | |||
| India BSE 30 | 14,678.2 | +134.5 | Reuters-CRB Index (CCI) | 510.45 | +4.22 | |||
| Jakarta Composite | 2069.7 | +27.2 | Light Crude (NYM - $US per bbl.) | US$114.98 | +0.45 | |||
| Nikkei | 12,851.7 | -13.4 | Natural Gas (NYM - $US/mmbtu) | US$8.18 | +0.10 | |||
| Taiwan Weighted | 7040.9 | +62.3 | Copper (LME - spot $US/tonne) | 7745 | +235 | |||
| FTSE 100 | 5371.8 | +51.4 | Lead (LME - spot $US/tonne) | 1811 | +43 | |||
| German DAX | 6317.8 | +35.4 | Zinc (LME - spot $US/tonne) | 1730 | +32 | |||
| A$ = US87.36 | +0.20 | Nickel (LME - spot $US/tonne) | 19,790 | +1,040 | ||||
| A$ = 95.93yen | +0.34 | Aluminium (LME - spot $US/tonne) | 2729 | +21 | ||||
| A$ = 0.592Euro | +0.002 | Tin (LME - spot $US/tonne) | 20,820 | +900 | ||||
| A$ = 0.469GBP | +0.002 | Sydney Futures Exchange - SPI | 4919 | +37 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street scored a moderate gain after a volatile session Wednesday that saw the major indexes move up and down on the seesawing price of oil and mixed feelings about the financial sector. Wall Street is nervous that the government-chartered companies Fannie Mae and Freddie Mac will need a bailout from the Treasury Department, a move that could wipe out shareholders' equity. Fannie Mae shares tumbled nearly 27 percent, while Freddie Mac shares lost 22 percent.
Advancing issues outnumbered decliners by about 8 to 7 on the New York Stock Exchange, where consolidated volume came to a light 4.45 billion shares, up from 4.07 billion shares Tuesday.
Crude oil rose after a government report showed that U.S. gasoline inventories dropped for a fourth week. Supplies of the fuel declined 6.2 million barrels, more than double the 3 million-barrel decline analysts predicted, a U.S. Energy Department report today showed. Oil stockpiles rose 9.39 million barrels to 305.9 million barrels, the biggest gain since March 2001.
Appendix 3B - Exercise of MAROA Options - Web Site
SINIVIT DRILLING INTERSECTS FURTHER OXIDE GOLD RESULTS such as 20m at 17.2g/t GOLD
Non-Renounceable Issue Shortfall - Web Site
Appendix 3B - Web Site
Update to June 2008 quarterly - Web Site
DOW: Downer EDI Mining confirms $400m new mining contracts - Web Site
Cancellation of Options - Web Site
Change of Director`s Interest Notice - Web Site
Becoming a substantial holder - Web Site
Response to ASX Query - Web Site
Appendix 3B - Non-Renounceable Issue - Web Site
Disclosure Document - Non-Renounceable Issue - Web Site
Agam Ground Electro Magnetic Survey - Web Site
Daguma Coal Project Engineering Pre-Feasibility Study Progre - Web Site
Appendix 3B - Web Site
Presentation to 2008 Australian Geothermal Energy Conference - Web Site
BoardroomRadio - Mancha Pampa Peru Exploration Results - Web Site
Indophil Recommends Enhanced Stanhill Proposal
Indophil Resources NL (ASX: IRN) notes today's media release by Stanhill Resources Pty Ltd, formerly the Crosby Consortium, regarding its takeover offer for Indophil.
Under the Stanhill offer, it is proposed that Indophil shareholders will receive $1.28 cash per share. In addition, if Stanhill's offer is successful, Indophil shareholders will receive an 80% interest in Indophil's non-Tampakan exploration assets. Stanhill proposes that shares in an Indophil subsidiary, holding the non-Tampakan exploration interests and $8 million in cash, will be distributed to Indophil shareholders via an in specie dividend.
To facilitate the enhancement, Indophil has agreed to an amendment of the Pre-Bid Agreement. Under the amendment, Indophil must appoint a majority of Stanhill nominees to the Indophil board within two business days of Stanhill's offer becoming unconditional and acquiring a relevant interest in more than 50% of Indophil (provided that Xstrata's offer is unsuccessful).
Indophil's Independent Directors (comprising Brian Phillips, Tony Robbins and Kyle Wightman) welcome Stanhill's enhanced proposal. The Stanhill proposal is now clearly superior to Xstrata's offer of $1.28 cash per share only. Accordingly, the Independent Directors unanimously recommend that Indophil shareholders accept the Stanhill offer, in the absence of a superior offer. ....- Web Site
Stanhill Resources Bidder`s Statement - Web Site
Onshore Texas Drilling Update - Web Site
Disclosure Document - Web Site
Drilling Update Warburton Joint Venture
Marathon Resources (MTN) and Primary Resources (PRZ) are pleased to announce that drilling at the Warburton Joint Venture in Western Australia was completed on 18th August 2008.
The programme represents a significant commitment by both companies to the discovery of major Cu-Ni and IOCG mineralisation. Marathon contributed to the cost of two drill holes, while Primary financed the drilling of the third hole. The Joint Venture Partners have planned a further drilling program which is scheduled to commence in September this year.
Drill holes WA01 (total depth 654.5m) and WA02 (total depth 731.4m) tested a magnetic anomaly modelled as a 0.25 SI unit magnetic susceptibility shell thought to represent a large Cu-Ni orebody. This magnetic target was partially tested by an earlier Primary Resources drill hole MB106_2 which drilled to a depth of 309.06 m.
Lithologies intersected in holes WA01 and WA02 range from mafic extrusive to partially intrusive rocks, variably brecciated with interstitial sulphides and an overprint of carbonate veining. Sulphide mineralisation ranges from fine to very fine grained and is dominated by pyrite and pyrrhotite....... - Web Site
Update on Laos Copper Project Area - Web Site
Appendix 3B - Exercise of Options - Web Site
Ceasing to be a substantial holder - Web Site
QGC Investor Briefing Presentation - Sunshine Gas Limited - Web Site
QGC Investor/Media Briefing to discuss Sunshine Gas offer - Web Site
QGC and SHG in Agreement on Takeover Offer - Web Site
Prospectus to acquire Shares in Enterprise Metals - Web Site
Trading Halt - Web Site
Letter to Shareholders - Share Purchase Plan - Web Site
Oil Shows in Growler-4, PRL 15, South Australian Cooper Basin
Summary:
Victoria Petroleum N.L. as operator for the PEL 104/ PRL 15 Joint Venture advises that the current operation at the Growler-4 development well is drilling ahead in 8 ½ inch hole at 1,804 metres to revised total depth of 1,835 metres measured depth. - Web Site
Mpande Uranium JV Update - Web Site
Progress Report - Web Site
Ausdrill Rejects Macmahon`s Revised Final Offer - Web Site
MAH: Official Notice of Variation of T/O Offer for ASL - Web Site
Market Update - Web Site
New appointments to senior management team - Web Site
Brearley 1H-11 Drilling Update - Web Site
Results of General Meeting - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B - Web Site
Form 484 - Web Site
NEW BRONCO PLAINS GOLD JOINT VENTURE
Image Resources NL is pleased to announce a joint venture on its 230sq km 100%- owned Bronco Plains gold project situated 140km east of Kalgoorlie in Western Australia.
The Image tenements occur on the 300km-long Tropicana-Beachcomber trend, where AngloGold Ashanti Australia Ltd (AGA) and Independence Group NL (IGO), have identified an initial 4 million ounce gold resource at Tropicana (IGO ASX release 3 December 2007). In addition to Tropicana, AGA and IGO have identified numerous other gold prospects as shown on the attached map. The Tropicana- Beachcomber trend is interpreted to be located on the collision zone between the Yilgarn Craton and the Fraser Range Mobile Belt and is considered to have potential to be a new Australian gold province.
Wide-spaced sampling by Image on its tenements has identified several areas of gold and multi-element anomalism which warrant further sampling and drill testing. The initial sampling was targeted on structurally complex areas interpreted from aeromagnetic data in areas of extensive cover.
Under the terms of the agreement AGA and IGO may earn a combined 72% interest in two contiguous exploration licences by sole funding $2million of expenditure within four years. Subject to completion of the necessary permitting, it is anticipated that AGA and IGO will commence follow-up sampling and drilling during the next three months. Image is encouraged by the results of its sampling at Bronco Plains and by the opportunity to participate in exploration of this emerging gold province. - Web Site
Change of Director`s Interest Notice - Web Site
VPE: Oil Shows in Growler-4, PRL 15, South Australian Cooper Basin
Summary:
Victoria Petroleum N.L. as operator for the PEL 104/ PRL 15 Joint Venture advises that the current operation at the Growler-4 development well is drilling ahead in 8 ½ inch hole at 1,804 metres to revised total depth of 1,835 metres measured depth. - Web Site
Media Release Kagara Targets Further Copper Growth - Web Site
KAGARA ANNOUNCES A$35.9M FIRST HALF PROFIT
76% INCREASE IN COPPER PRODUCTION AND STRONG OPERATING MARGINS UNDERPIN SOLID RESULT
Diversified resources group Kagara Ltd (ASX: KZL) has reinforced its position as a low-cost, high-margin base metals producer, today announcing a A$35.9 million net profit after tax (2006: A$38.9 million) for the 6 months to 31 December 2007 despite the significant pull-back in metal prices seen during the latter part of 2007.
Kagara said today (Wednesday) that the solid financial result was underpinned by strong operating margins at its flagship North Queensland base metal operations, where a combination of higher production volumes, particularly in copper, high grades and significant by-product credits contributed to low cash operating costs.
Sales revenue increased by 22% to $150.8 million (2006: $123.9 million) and earnings before interest, tax, depreciation and amortisation (EBITDA) were $65.3 million (2006: $82.2 million), reflecting lower metal prices. The net profit translated to earnings per share of 16.7 cents (2006: 19.6 cents).
Kagara's North Queensland base metal operations generated net cash flow of $85 million for the first half, providing a strong foundation for the Company's aggressive organic growth and exploration programs.
Copper production increased by 76% to 11,409 tonnes of contained copper (2006: 6,472 tonnes), while zinc production increased by 9.5% to 22,848 tonnes of contained zinc (2006: 20,869 tonnes) and lead production fell by 6% to 6,150 tonnes of contained lead (2006: 6,530 tonnes).
Kagara achieved a copper cash production cost of US$1.45/lb (2006: US$1.49/lb), against a realised copper price for the first half of US$3.29/lb (2006: US$3.31/lb) of payable copper; the zinc cash production cost was US$0.53/lb (2006: US$0.47/lb) against a realised zinc price of US$1.20/lb (2006: US$1.70/lb). This enabled the Company to deliver a cash operating margin for copper - currently the principal contributor to its earnings – of US$1.84/lb of payable copper and a cash operating margin for zinc of US$0.68/lb of payable zinc...... - Web Site
Macarthur Coal Lifts Force Majeure - Web Site
Consent Of Competent Person - Web Site
Investor Presentation - Web Site
Becoming a substantial holder - Web Site
Amended Quarterly Activities and Cashflow Report - Web Site
Working Capital Finance - Web Site
Top 20 Shareholders - Web Site
RMA Appoints Senior Geologist - Web Site
Yanrey exploration update - Web Site
Mount Monger Proven Again At Depth - Web Site
$85 MILLION TIMOR SEA OIL FIELD ACQUISITION
TARGETS LATE 2011 PRODUCTION FOR STUART
A major stake in a Timor Sea oil field discovered by BHP Petroleum has been acquired by Adelaide-based oil and gas explorer and producer, Stuart Petroleum Limited (ASX "STU").
In an $85 million venture announced today, Stuart will sole fund the drilling of an appraisal well on the Oliver oilfield, 700 kilometres west of Darwin and 30 kilometres north of the Jabiru production licences.
The Company will also undertake all engineering studies up to a Final Investment Decision (FID) authorising development, to earn its 50% interest in Oliver.
Drilling of the Oliver-2 appraisal well, and the associated engineering studies, is expected to cost around $60 million. The sale agreement also commits Stuart to then additionally sole fund the first $25 million of development expenditure for the field.
Stuart will examine a range of funding options including debt and equity to fund these initial project commitments, and is targeting maiden production from Oliver by the end of 2011.
The Oliver interest is being acquired from a proportional selldown by a range of companies controlled well known and respected Melbourne-based petroleum entrepreneur, Mr Geoff Albers, whose Albers Group is one of the largest independent holders of offshore petroleum permits in Australia.
Stuart assumes Operatorship of the Oliver field in the Australian-administered section of AC/P33 in the Timor Sea Permit, from Auralandia NL.
BHPB discovered a 170-metre column of oil, gas and condensate from 2,927 metres depth in the Oliver-1 exploration well in 1988 - the field remaining undeveloped since due largely to then historic low oil prices. - Web Site
Audio broadcast - Oliver acquisition - Web Site
OLIVER OILFIELD TIMOR SEA - PERMIT AC/P33
South Australian based oil explorer and producer, Stuart Petroleum Limited (ASX Code:STU) has become the Operator and 50% interest holder in Timor Sea permit AC/P33, host to the Oliver Oilfield development project. Permit AC/P33 is located approximately 700 kilometres west of Darwin in the Australian-administered section of the Timor Sea.
Stuart's subsequent earn-in obligations will be satisfied by sole funding the drilling of an appraisal well on the Oliver Oilfield, completion of engineering studies up to Final Investment Decision for development of the oilfield and sole funding the first $25 million of development expenditure.
The first phase of development of the Oliver Oilfield - drilling the appraisal well, Oliver 2 and completing engineering studies - is expected cost $60 million and to be complete late in 2010..... - Web Site
Tamaya Half Year Report 30 June 2008 - Web Site
Magdalena Iron Sands Exploration Potential - Web Site
Appendix 3B - Web Site
Initial Director`s Interest Notice - Web Site
EXPLORATION UPDATE FOR Conrad, Elsmore, Mt Lidster, Volga & Tooloom
HIGHLIGHTS
SABODALA GOLD PROJECT
DRAWDOWN OF PROJECT FINANCE FACILITY AND GOLD HEDGING PROGRAM
Lodgement of Prospectus - Web Site
NEW GUINEA GOLD ANNOUNCES MINE DEVELOPMENT STRATEGY
TELLURIUM A POSSIBLE BONUS AT SINIVIT
The recently announced high grade resource at the Imwauna Project and drill results from the Sinivit Mine confirming high grade copper/gold/tellurium/silver (sulphide) mineralisation, (see Press Release dated 14th August 2008), beneath the current mining plan has allowed New Guinea Gold Corporation (NGG) to formulate an indicative timetable for the development of the above Imwauna Resource and Sinivit sulphide mineralisation. Tellurium could be a significant bi-product if development of the Sinivit sulphide mineralisation proceeds.
IMWAUNA PROJECT DEVELOPMENT
SINIVIT MINE DEVELOPMENT
Sugarloaf and AC_P32 Operations Update - Web Site
EKA: Operations update - Web Site
NWE: Wisteria 1 Update - Web Site
IMA: New Bronco Plains Gold Joint Venture - Web Site
Table Hill - Manganese Picture Emerging - Web Site
Options entitlement issue shortfall - Web Site
MAH: Increased Takeover Offer for Ausdrill - Web Site
ENR: Base Metals Drill Program Commences - Web Site
Significant Copper and Gold Discoveries - Web Site
Exceptional gold intercepts from drilling at Barlee - Web Site
Change in substantial holding from NGF - Web Site
High grade gold & base metal intercepts at Fossey Zone
Bass Metals Ltd (ASX:BSM) is pleased to provide the following update on its recent drilling at the Fossey Zone, part of the Hellyer Mine Project.
Highlights
VMS: Venture dbles. Magnetite-Tin Targets - Mt Lindsay Proj. - Web Site
Wisteria 1 Spud Date - Moved Forward - Web Site
Analysts Jun 08 Results Briefing Presentation - Web Site
Analysts Results Briefing Presentation - Web Site
Centennial returns a record $289 million net profit for the year
Results Summary
Updates on the Feasibility Study and Chloe/Jackson Drilling - Highlights
CSR starts commissioning at Pioneer Mill ahead of schedule - Web Site
Initial Director`s Interest Notice - Web Site
Amendment to Results of Meeting - Web Site
Weekly Update - Brazil
Director`s Disclosure - Web Site
Presentation by Chief Scientific Officer to Australian Geothermal - Web Site
Cooper Basin Project Update
Geodynamics advises that the drilling of Jolokia 1 is progressing well. Over the last two weeks a further 230 metres has been drilled with the current depth now 4,574 metres. Drilling has continued steadily with multiple bit changes and no significant operational problems. - Web Site
Final Phase of Drilling Program Well Underway - Web Site
Progress Report - Web Site
Appendix 3B - Web Site
Presentation to Australian Geothermal Conference - Web Site
Ceasing to be a substantial holder from PPT - Web Site
Shareholders Newsletter - Web Site
SELMO PRODUCTION UP 20% TO 1500 BOPD - Web Site
Final Director`s Interest Notice - Web Site
Appendix 3B - Web Site
CEO Appointment - Web Site
Cancellation of Unlisted Options - Web Site
SXP: Scheme Booklet - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Header Correction: Appendix 1A - Web Site
Issued Capital - Other - Web Site
Constitution - Web Site
Employee Share and Option Scheme Terms - Web Site
Option Terms - Web Site
Amended Pre Quotation Disclosure Market Release - Web Site
Confirmation of option issue - Web Site
Financial Report for Year Ended 30 June 2007 - Web Site
Half Year Financial Report 31 Dec 07 - Web Site
Exploration Budget Granted Tenements and Applications - Web Site
Securities subject to escrow - Web Site
Top 20 Holders - Web Site
Distribution Schedule - Web Site
Pre quotation disclosure - Web Site
ASX Circular re Commencement of Official Quotation - Web Site
Amended Appendix 3B - Web Site
Tilley Siding Rail Installation Contract Awarded - Web Site
Lingig Porphyry Copper Drilling Confirms Mineralisation - Web Site
Weekly Drilling Update - Web Site
Ceasing to be a substantial holder - Web Site
HIGH TECH REPTEM SURVEY LOCATES NEW EXPLORATION TARGETS IN NARNDEE PROJECT AREA, WESTERN AUSTRALIA
HIGHLIGHTS
Appendix 3B - Web Site
Operations Report - India - Web Site
Appendix 3Y - Web Site
Target`s Statement - Web Site
Excellent New Copper and Cobalt Intercepts at Mt Oxide - Web Site
BSM: Iron, Tin and Tungsten - New Joint Venture - Web Site
Million-ounce gold deposit at Ban Houayxai, Laos - Web Site
Amended Supplementary Information Memorandum - Web Site
ITC: Growler 4 Drilling Update
Becoming a substantial holder - Web Site
Appendix 3Y - Web Site
Ceasing to be a substantial holder - Web Site
Media Release - $85 Million Timor Sea Expansion - Web Site
Reinstatement to Official Quotation - Web Site
AGEC 2008 Conference - TEY Presentation - Web Site
High Grade Intersections at Kileba Copper Deposit - Web Site
Response to ASX Query - Web Site
Bahi Pre-Feasibility Study - Web Site
Universal Resources Limited Broadcast - Web Site
Director Appointment - Web Site
XSTRATA NICKEL SUSPENDS FALCONDO FERRONICKEL OPERATIONS
Falconbridge Dominicana C x A (Falcondo), a nickel mining and processing operation with an annual capacity of 29,000 tonnes of nickel in ferronickel, is temporarily suspending operations as a result of market conditions. This is due to a combination of extremely high oil prices, which represent the majority of the site's costs, and lower nickel prices. The shutdown is anticipated to last for four months, during which time furnace repairs and crucial maintenance activities will be conducted. The suspension will also enable the acceleration of feasibility studies into the energy conversion project, to switch the operation's power source from oil to coal, and the development of the Loma Miranda project, which will provide a new higher-grade mining area for Falcondo and extend the mine life. - Web Site
|
Tuesday 19 August 2008 (Close of Business - New York)
|
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| All Ords | 4930.4 | -113.1 | Dow Jones | 11,348.55 | -130.84 | |||
| ASX100 | 3946.2 | -97.4 | S&P 500 | 1266.69 | -11.91 | |||
| ASX200 | 4866.4 | -118.6 | Nasdaq | 2384.36 | -32.62 | |||
| ASX300 | 4860.1 | -117.3 | NYSE Volume ('000) | 4,219,349 | ||||
| Materials (Sector) | 12,705.6 | -422.8 | US 10-Year Bond | 3.842% | +0.026 | |||
| All Ords Gold (Sub Industry) | 4123.6 | +5.9 | Gold - spot/oz | US$813.70 | +15.00 | |||
| Metals & Mining (Industry) | 4434.4 | -149.6 | Silver - spot/oz | US$13.34 | +0.21 | |||
| Energy (Sector) | 16,678.6 | -451.7 | Platinum - spot | US$1345.00 | -32.00 | |||
| Shanghai Composite | 2344.5 | +24.6 | Palladium - spot | US$285.00 | +2.00 | |||
| Hang Seng | 20,484.4 | -446.3 | Uranium - spot US$/lb | US64.50 | unch | |||
| India BSE 30 | 14,543.7 | -101.9 | Reuters-CRB Index (CCI) | 506.23 | +0.72 | |||
| Jakarta Composite | 2042.5 | -42.7 | Light Crude (NYM - $US per bbl.) | US$114.53 | +1.66 | |||
| Nikkei | 12,865.1 | -300.4 | Natural Gas (NYM - $US/mmbtu) | US$8.08 | +0.08 | |||
| Taiwan Weighted | 6978.6 | -22.1 | Copper (LME - spot $US/tonne) | 7510 | +100 | |||
| FTSE 100 | 5320.4 | -129.8 | Lead (LME - spot $US/tonne) | 1768 | +66 | |||
| German DAX | 6282.4 | -150.5 | Zinc (LME - spot $US/tonne) | 1698 | +51 | |||
| A$ = US87.16 | +0.35 | Nickel (LME - spot $US/tonne) | 18,750 | +600 | ||||
| A$ = 95.59yen | -0.05 | Aluminium (LME - spot $US/tonne) | 2708 | +7 | ||||
| A$ = 0.590Euro | -0.001 | Tin (LME - spot $US/tonne) | 19,920 | +455 | ||||
| A$ = 0.467GBP | +0.001 | Sydney Futures Exchange - SPI | 4826 | -36 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street fell for a second straight day Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Labor Department said its Producer Price Index rose by 1.2 percent in July, more than double the expected rate, and lifting the current annual rate to the loftiest level in 27 years.
Lehman Brothers fell 13c per cent after The Wall Street Journal reported that the New York financial services giant is considering the sale of its prized money-management division, including Neuberger Berman, to raise billions of dollars and ease the pressure caused by losses related to real estate.
Declining issues outnumbered advancers by about 11 to 4 on the New York Stock Exchange, where consolidated volume came to a light 4.07 billion shares, up from 3.75 billion Monday.
Oil prices rebounded Tuesday, rising back above $114 barrel after the US dollar weakened against the euro and a rally in heating oil pulled new buyers into energy markets.
Copper jumped the most in a week on speculation that prices had fallen too far, given limited supplies of the metal.
Gold rose as the US dollar eased on speculation a slumping U.S. economy will prevent the Federal Reserve from raising borrowing costs. Silver was slightly higher.
Appendix 3Y - Web Site
Demerger Update and Appointment of Advisers
Aquila Resources Limited ("Aquila" or the "Company") is pleased to announce that the Company's Board of Directors has approved the Scheme Booklet for the proposed demerger of certain of the Company's exploration interests into a new company, Aquila Exploration Limited ("AEL"), as announced to the ASX on 23 May 2008.
The Scheme Booklet has today been lodged with the Australian Securities and Investments Commission for its review. Subject to the approval of the Federal Court of Australia, it is anticipated that:
Aquila is also pleased to announce that it has mandated both Citigroup Global Markets Australia Pty Limited and Macquarie Capital Advisers Limited to advise the Company on strategic options to enhance shareholder value following the implementation of the demerger. - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Notice of Change of Interests of Substantial Holder for MXX - Web Site
Change of Director`s Interest Notice x 3 - Web Site
Resignation of Director / Final Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Amended - 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 4E - Preliminary Final Report - Web Site
Cooper Basin Project Update - Web Site
Offtake Agreement and Placement - Web Site
General Meeting - Web Site
Preliminary Final Report - Web Site
Results of General Meeting of Shareholders - Web Site
Appendix 3X`s x 2 - Web Site
Notice of General Meeting/Proxy Form - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3X - CS - Web Site
Appendix 3B - Web Site
ACCC market inquiries on undertakings relating to BG - Web Site
Final share buy-back notice - Appendix 3F - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Proposed Issue of Options - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Weekly Drilling Update
POLARIS Coal Seam Gas Project
(ATP 768P SHG 100%)
Sunshine Gas Limited (ASX Code: SHG) advises that drilling at Polaris 4 core-hole is underway with the well currently coring ahead at 240m.
LACERTA Coal Seam Gas Project
(ATP 767P & ATP 795P SHG 100%)
Sunshine Gas advises that the following update on Phase I development drilling currently underway at the Lacerta CSG field. - Web Site
Notice of Change of Interest of Substantial Holder - Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
DRILLING COMMENCES AT SILVER SPUR, TEXAS DISTRICT
Macmin Silver Ltd has commenced drilling on the Silver Spur Mine Lease to explore the potential for silver, zinc lead sulphide mineralisation below the final mined depth for the Silver Spur Mine.
Historically Silver Spur was mined for silver in the late 1800's early 1900's. Approximately 2 million ozs of silver was recovered from 100,000 tonnes of ore mined at an average mined grade of 800g/t silver, 25% zinc, 13% lead at 1.5g/t gold (historical record from Rimfire Pacific Mining N.L. prospectus). The mine closed at the advent of World War 1.
The Twin Hills Silver Mine is situated approximately 1.5 kilometres north west of Silver Spur.
The present Inferred Mineral Resource at Silver Spur based on mine workings and historical drill holes is 808,000t at 2.25 ozs/t silver, 3.56% zinc, 1.25% lead, 0.17% copper and 0.09g/t gold.
The present diamond core hole (SSD5) is planned for a final depth of 250m and should intercept the Silver Spur sulphide zone between 180 and 200m down hole. The hole is at present at approximately 90m depth. - Web Site
LODGEMENT OF PROSPECTUS
Macmin Silver Ltd has lodged a prospectus with ASX and ASIC for a 1 for 3, non-renounceable Entitlements Issue of shares at 7 cents, with one free option accompanying every New Share allotted, to raise a maximum of approximately $11.5 million. The record date is 28 August 2008 and the issue will close on 19 September 2008.
The purpose of the issue is to allow the Company to continue with upgrades and improved production at the Twin Hills Silver Mine, continue ongoing exploration to increase the silver resource base of the Company and possibly reduce debt which is currently being repaid by the issue of shares.
The attached initial advice to shareholders contains further details and will be mailed to each shareholder on 21 August 2008. Optionholders will be given preference, after shareholders, in respect of applications for any shortfall.
Investors who are not currently shareholders may become eligible to participate by purchasing shares on or before 21 August 2008 or may apply to the Company to purchase shares with free attaching options from any remaining shortfall. - Web Site
Adelaide Brighton announces Board changes - Web Site
Amadeus Reserves Position as at 1 July 2008 - Web Site
Becoming a substantial holder - Web Site
BMG Reserves Update Chapter 5 disclosure - Web Site
Jaguar Project - Reserves and Drilling Program - Web Site
Change in substantial holding from CBA - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Coal Project Update, Kentucky USA - Web Site
Rocklands Copper Proje ct Update - Web Site
Drilling Recommences at Alta Floresta Gold Project - Brazil - Web Site
Operations Update - Florence Project
Large New Deposit at Central Structure
Lindsays Project
Assay results from drilling on the Central Structure have confirmed our confidence in the Lindsays Project hosting a very large and significant gold deposit (Refer: Figure 1, Table A & B).
At New Discovery, located along the Central Structure, further infill drilling on 10 metre sections using a North South grid has defined west dipping gold mineralised structures (Refer: Figure 2) similar in form and orientation to the Parrot Feathers gold mineralised structures (Refer: Figure 3). This mineralisation is also contained within a north northwest mineralised corridor or Central Structure (Refer: Figure 2a) which is similar in orientation to the Eastern Structure. It is proposed that close-spaced drilling from New Discovery south to Neves and east to Southern Extension will provide similar styles and orientations of gold mineralisation......- Web Site
Sale of Unmarketable Parcels of Shares - Web Site
Fox Davies Capital - International Capital Markets Advisor
Exco Resources Ltd is pleased to announce that it has appointed Fox-Davies Capital Limited (FDC) as its International Capital Markets Advisor with immediate effect.- Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
Boardroom Radio - Web Site
Chief Executive Officer - Terms of Appointment - Web Site
Change of Director`s Interest Notice - Web Site
APPENDIX 3B and NOTICE SECTION 708A(5)(E) - Web Site
Monthly Update - July 2008 - Web Site
Longtom 4 development well progress report no 9 - Web Site
OIL SEARCH 2008 FIRST HALF RESULTS
2008 Half Year Results Presentation - Web Site
Change of Director`s Interest Notice - Ray Schoer - Web Site
Second E Oklahoma Well Intersects Shale - Web Site
Primebroker Exposure Resolved - Web Site
Corporate Summary - Web Site
Appendix 3B - Web Site
Tamaya Half Year Results Presentation - Web Site
Tamaya Shareholder Briefing - Half Year Results 30 June 2008 - Web Site
Venus Enters New Diamond Exploration JV Adjacent to Argyle - Web Site
Updated Broker Presentation - Web Site
Appendix 3B - Web Site
Appendix 3Y - Web Site
Change of Director`s Interest Notice - Web Site
Presentation to Australian Gas Markets Conference - Web Site
Notice of Meeting - Web Site
Spectacular drill results in East Lode Open Pit, Wiluna - Web Site
BMG Reserve Update - Web Site
Change of Director`s Interest Notice - Web Site
Announcement of On-Market Buy-Back - Web Site
FY08 - Analysts Presentation - Web Site
Change in substantial holding from NGF - Web Site
Final Director`s Interest Notice - Web Site
High Grade Gold and Base Metal Intercepts at Fossey Zone - Web Site
Appendix 3B Issue of Employee Options - Web Site
Termination of Management Services Agreement - Web Site
Change in substantial holding - Web Site
More Significant Tin Intercepts at Mt Garnet - Web Site
180808 Blamore 1 Report - Web Site
COEUR ANNOUNCES MANAGEMENT CHANGES AT ITS SAN BARTOLOMÉ SILVER MINE IN BOLIVIA
COEUR D'ALENE, Idaho - August 18, 2008 - Coeur d'Alene Mines Corporation (NYSE:CDE, TSX:CDM, ASX:CXC) today announced the resignation of Rick Irvine as Vice President and General Manager of the Company's San Bartolomé silver mine, located in Potosi, Bolivia effectively immediately.
Leon Hardy will become Interim General Manager of the operation effective today. Leon was recently promoted to Senior Vice President of North American operations. Prior to his promotion, Leon was the General Manager at the Company's Martha Mine in Argentina. Under his leadership at Martha, silver production increased each year and a new mill was constructed and commissioned in late 2007 and early 2008. Leon has over 25 years of experience in mine management and operations throughout North and South America, including Bolivia. Leon joined Coeur in 2003.
Supporting Leon in the effort to achieve full-scale production at San Bartolomé will be Don Gray, who was appointed Senior Vice President of Coeur's South American operations in June.... - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
SNU: Agreement finalised for Uranium JV in North Queensland - Web Site
Results of Meeting
Response to ASX Query re Change of Director`s Interest - Web Site
Fairstar Update on GWR - Web Site
App 3b - Exercise of Employee Options - Web Site
NARRAWA DEPOSIT REVIEW CENTRAL - NORTH TASMANIA
Frontier Resources Ltd has re-focussed immediate efforts and is:
Initial Exploration Results Encouraging at Percyvale Project - Web Site
Extention to Closing Date of Short-form Prospectus - Web Site
Sunday Joint Venture Project High Grade Gold
Appendix 3E - Web Site
Option Expiry 30 September 2008 - Web Site
Appendix 3B - Web Site
ASX Announcement Media Release - Web Site
Becoming a substantial holder from PPT - Web Site
Response to ASX Query re JORC Code - Web Site
Jutt Appoints Dr Tim Sugden as Managing Director
Jutt Holdings is pleased to announce the appointment of Dr Tim Sugden as the Company's Managing Director with immediate effect.
Dr Sugden holds a Bachelor of Science (Geology) and a Doctor of Philosophy (Geology). He has over 20 years experience in mine geology, exploration, metallurgy, research and development, operations and company management in Australia and internationally.- Web Site
Release of Shares From Voluntary Escrow - Web Site
Half Year Financial Results Presentation - Web Site
Half Year Financial Results - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Notice of Ceasing Substantial Shareholding - Dawn Star - Web Site
Director Appointment - Web Site
Presentation - Full Year Financial Results - Web Site
2008 Resources and Reserves Statement - Web Site
Market Release - Financial Results - Web Site
Ceasing to be a substantial holder from CTN - Web Site
OPERATIONS REPORT - INDIA
Oilex advises that Cambay-73, the third well in the Cambay Field appraisal program, is drilling ahead having set intermediate casing at a depth of 1,600 metres. A workover rig has been mobilised to the location of Cambay-19Z and is rigging up to continue testing hydrocarbon-bearing intervals identified in the deeper Basal EP IV oil zone. - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Target`s Statement Presentation - Web Site
Origin advises shareholders to reject BG`s offer - Web Site
CORRECTION Dividend Details - Web Site
Termination of Executive Services Agreement - Web Site
Excellent New Copper and Cobalt Intercepts and Metallurgical Testwork Results at Mount Oxide
Perilya Limited (ASX: PEM) is pleased to announce continued exploration success from drilling at the Mount Oxide copper and cobalt project in the Mt Isa region in Queensland.
Following the company's ASX release yesterday, a further follow-up hole at depth has also intersected additional high grade zones and continues to confirm the geological model for the deeper mineralisation. The results from this latest drill hole MOXD105 include:
MOXD105 was drilled approximately 90 metres south of drill hole MOXD089 and 50 metres south of MOXD104, which previously announced included, 23m at 8.9% copper from 395m and 12m at 15.3% copper respectively.
Initial metallurgical testwork shows excellent preliminary flotation recoveries for a range of economic grade samples tested of :
Perilya's Executive Chairman, Patrick O'Connor, said these additional results of 16m at 5.4% copper from 329m, were further confirmation of the continuity and the higher grades of copper and silver being reported at depth. - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B Amended - Web Site
Torrens Geothermal Project, Geothermal Energy Conference - Web Site
Southern Gold granted four new geothermal licences close to power infrastructure in South Australia
Southern Gold Limited (ASX:SAU), through its wholly‐owned subsidiary, Inferus Resources Pty Ltd, has been formally granted four geothermal energy tenements in South Australia.
The acreage totals more than 1,990km² of highly prospective ground to the west of South Australia's Lake Torrens, between Olympic Dam and Port Augusta.
The four tenements comprise the Company's Torrens Geothermal Project - and include GELs 297 (Oak Dam), 300 (Punt Hill), 301 (Torrens), and 302 (Harris Crossing). They sit above the South Australian Heat Flow Anomaly (SAHFA) where temperatures in excess of 200ºC have been modeled.
The licences run for a period of five years, with Southern Gold proposing an exploration budget of $4.4 million for each tenement over this period to model temperatures to prove up an economic resource...... - Web Site
Sale of Coal Assets - Web Site
Appendix 3B 18.08.08 - Web Site
Drilling Confirms Significant Gold and Nickel Mineralisation - Web Site
Response to ASX Query re Appendix 3X - Web Site
Settlement Completed to Acquire Iron Ore Interests - Web Site
Termination of Management Services Agreement - Web Site
|
Monday 18 August 2008 (Close of Business - New York)
|
||||||||
| All Ords | 5043.5 | +4.6 | Dow Jones | 11,479.39 | -180.51 | |||
| ASX100 | 4043.6 | +2.7 | S&P 500 | 1278.60 | -19.6 | |||
| ASX200 | 4985.0 | +3.3 | Nasdaq | 2416.98 | -35.54 | |||
| ASX300 | 4977.4 | +2.5 | NYSE Volume ('000) | 3,878,764 | ||||
| Materials (Sector) | 13,128.4 | +81.9 | US 10-Year Bond | 3.816% | -0.036 | |||
| All Ords Gold (Sub Industry) | 4117.7 | -19.2 | Gold - spot/oz | US$798.70 | +12.70 | |||
| Metals & Mining (Industry) | 4584.0 | +38.2 | Silver - spot/oz | US$13.03 | +0.33 | |||
| Energy (Sector) | 17,130.3 | +341.5 | Platinum - spot | US$1377.00 | +20.00 | |||
| Shanghai Composite | 2319.9 | -130.7 | Palladium - spot | US$283.00 | +2.00 | |||
| Hang Seng | 20,930.7 | -229.9 | Uranium - spot US$/lb | US64.50 | unch | |||
| India BSE 30 | 14,645.7 | -78.5 | Reuters-CRB Index (CCI) | 505.51 | +6.40 | |||
| Jakarta Composite | 2085.1 | na | Light Crude (NYM - $US per bbl.) | US$112.87 | -0.90 | |||
| Nikkei | 13,165.5 | +146.0 | Natural Gas (NYM - $US/mmbtu) | US$8.00 | -0.20 | |||
| Taiwan Weighted | 7000.7 | -195.8 | Copper (LME - spot $US/tonne) | 7410 | unch | |||
| FTSE 100 | 5450.2 | -4.6 | Lead (LME - spot $US/tonne) | 1702 | +2 | |||
| German DAX | 6432.9 | -13.1 | Zinc (LME - spot $US/tonne) | 1647 | -11 | |||
| A$ = US86.81 | +0.18 | Nickel (LME - spot $US/tonne) | 18,150 | -240 | ||||
| A$ = 95.64yen | -0.12 | Aluminium (LME - spot $US/tonne) | 2701 | -24 | ||||
| A$ = 0.591Euro | +0.001 | Tin (LME - spot $US/tonne) | 19,465 | +890 | ||||
| A$ = 0.466GBP | +0.002 | Sydney Futures Exchange - SPI | 4920 | -85 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. Weakness in the overall financial sector sent the Dow Jones industrial average down more than 180 points.
Declining issues outnumbered advancers by about 3 to 1 on the New York Stock Exchange, where consoliated volume came to a light 3.75 billion shares compared with 3.99 billion Friday.
Oil prices declined slightly after briefly jumping above $115 per barrel as Tropical Storm Fay approached Florida, but appeared unlikely to disrupt installations in the Gulf of Mexico.
Copper eased, reversing earlier gains, as signs of a slowing European economy fueled concerns that demand will decline for the metal used in pipes and wires.
Gold rebounded on speculation investors and jewelers will purchase cheaper supplies of the metal after an 8.4 percent decline last week that erased all of this year's gains. Silver also rose.
Magnetite Range Project Progresses - Web Site
QUARTERLY ACTIVITIES REPORT CLARIFICATION - Web Site
Appendix 3B - Web Site
Azure Share Purchase Plan Update
Azure Minerals Limited (ASX: AZS) advises that due to mail delivery to interstate and country based shareholders taking longer than anticipated it has extended the closing date to the current share purchase plan from 5:00pm WST on Wednesday 20th August 2008 to 5:00pm WST on Friday 22nd August 2008. - Web Site
BHP BILLITON RESULTS FOR THE YEAR ENDED 30 JUNE 2008
Company Update - Web Site
SAG Mill arrives at site - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Results of Meeting - Web Site
MAJOR BOOST FOR EDEN 'S GREEN ENERGY PROJECTS FROM LARGE PRIVATE INDIAN GROUP
Eden Energy Ltd ("Eden") is pleased to announce a major boost from one of India 's largest private development corporations for Eden 's green fuel, gas and geothermal projects in India, the United Kingdom, and Australia.
Under a two tiered strategy announced today with Mumbai-based Zoom Developers Private Ltd (" Zoom"):
BoardRoomRadio.com Audio Broadcast - Web Site
INITIAL EXPLORATION RESULTS ENCOURAGING AT PERCYVALE PROJECT
The Directors of Glengarry Resources Limited are pleased to report encouraging results from the initial phase of exploration carried out on the Company 's new, wholly owned polymetallic Percyvale Project.
The Percyvale Project is located in North Queensland approximately 300 kilometres west of Townsville (Figure 1) in a geological region known to host economic deposits of a number of different metals including gold, copper, lead-zinc-silver, uranium and molybdenum. The world class Kidston gold deposit which has produced 4.5 million ounces of gold is located approximately 30 kilometres east of the Project area (Figure 1).
First pass mapping, soil sampling and prospecting have defined large, polymetallic anomalies at the Bernadette and Maggies prospects.
Bernadette Prospect
A 2.5 kilometre long, northeast trending zone containing strongly anomalous copper, gold and silver has been defined at the Bernadette prospect (Figure 2). Limited bedrock channel sampling has been carried out where outcrop exposure is sufficiently continuous. Better results include:
GBM Auctions First Pouring Gold Ingots - Web Site
Change of Director`s Interest Notice - Web Site
SELMO PRODUCTION UP 20% TO 1500 BOPD
Incremental Petroleum (IPM) is pleased to announce that current quarter production from its 100% owned Selmo oilfield is approximately 20% above the 2008 half yearly production average. The oilfield is maintaining current production in excess of 1500 barrels of oil per day.
The main reason for the production uplift is that IPM is successfully unlocking the potential of the inclined and horizontal wells drilled over the last 18 months, together with successful well work-over operations. - Web Site
Board and Management Changes - Web Site
Liontown extends its Land Holdings over the Sheep Mountain Project, Arizona, USA
Liontown Resources Limited (‘LTR') has entered into an option to acquire the Sheep Mountain West Project in Arizona, USA. This new project lies adjacent to LTR's recently acquired Sheep Mountain Project, thereby consolidating our position in the Sheep Mountain district. - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Change in substantial holding from PPT - Web Site
Full Year Statutory Accounts - Web Site
Review of Activity - August 2008
2007-2008 Highlights:
Continued exploration success from drilling at the Mount Oxide copper and cobalt project
Perilya Limited (ASX: PEM) is pleased to announce continued exploration success from drilling at the Mount Oxide copper and cobalt project in the Mt Isa region in Queensland.
Perilya's latest round of drilling has confirmed further highly encouraging high grade copper and silver intercepts that extend at depth and below the current resource.
The high grade intercepts returned from deeper drilling in drill hole MOXD104 included:
MOXD104 was drilled approximately 30 metres south of drill hole MOXD089, which previously reported (5th June 2008) drill intercepts including 31m at 6.2% copper from 346m and 23m at 8.9% copper from 395m.
The continuation of the high grade zones at depth and outside the current resource adds to the project and further demonstrates its potential. - Web Site
Supplementary Information Memorandum - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Board Changes and Appendix 3X and Appendix 3Z - Web Site
Appendix 3B - Web Site
Notice of Expiry of WME Options - Web Site
Appendix 3B (AMENDED) - Web Site
SPECTACULAR DRILLING RESULTS EXPAND AND UPGRADE MINERALISATION IN EAST LODE OPEN PIT, WILUNA
Apex Minerals NL (ASX: AXM) is pleased to announce exceptional results from the East Lode open pit at Wiluna, where reverse circulation (RC) drilling continues to expand and upgrade gold mineralisation.
These results have not yet been factored into resource or reserve estimates. The current East Lode open pit Indicated Resource stands at 289,000 tonnes @ 4.0g/t gold for 38,000oz and the current Probable Reserve stands at 264,000 tonnes @ 3.3g/t gold for 30,000oz. Drilling has been undertaken in order to define a Measured Resource and a Proven Reserve to facilitate scheduling of production from the open pit, and revised estimates will be completed in September, before mining commences.
Initial RC drilling announced on 4th August 2008 defined a distinct high grade zone adjacent to the known resource and reserve. Follow up drilling has since covered approximately 80% of the length of the planned pit and has confirmed this new zone along the entire strike length of drilling (Figures 1 to 4). Drill intersections are shown in Table 1, and include:
As previously announced, all of this mineralisation falls within the designed pit shell and can therefore be mined without the need for any additional stripping or cutback to the pit. This will result in higher production from the East Lode open pit at no additional mining cost, further enhancing project economics during the initial six months of production. - Web Site
Ceasing to be a substantial holder - Web Site
NOTICE OF INITIAL SUBSTANTIAL HOLDER - Web Site
NOTICE OF MEETING AND EXPLANATORY MEMORANDUM - Web Site
Request for Trading Halt - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Drilling Recommences at Taylor Ranch Uranium Project - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change in substantial holding from CBA - Web Site
Appendix 3B - Web Site
Boardroom Radio interview re Crude Oil Refinery - Web Site
Change of Director`s Interest Notice - Web Site
Alteration to Notice of Meeting - Web Site
Notice of Extraordinary General Meeting/Proxy Form/Letter - Web Site
Drilling Approval for Bee-Eater-1, EP 359, Exmouth Sub Basin - Web Site
Strategic Review Update - Web Site
Release of Restricted Securities - Web Site
Becoming a substantial holder - Web Site
Appendix 5B - Monthly - Web Site
Greenland Drilling Update - Web Site
Disclosure Document - Replacement - Web Site
Hargraves BNH wide high grade intersection - Web Site
Growler-4 Weekly Drilling Report, PRL 15, South Australian Cooper Basin
Summary:
Victoria Petroleum N.L. as operator for the PEL 104/ PRL 15 Joint Venture advises that following the setting of 9 5/8 inch casing at 667 metres, the current operation at the Growler-4 development well is drilling ahead in 8 ½ inch hole at 1,434 metres. - Web Site
CAP Header Corr: Stanhill Resources PL Notice - Para 633(4) - Web Site
Change of Director`s Interest Notice - Web Site
Amazon - First Iron Ore Assay Results - Web Site
$8 Million Capital Raising to Advance Coal Projects - Web Site
Change in substantial holding - Web Site
Appendix 3Y - Web Site
Phu Kham and Projects update - Web Site
Pike River Tunnel to hit coal late September 2008 - Web Site
Results of General Meeting - Web Site
Results of General Meeting - Web Site
Response to ASX Query re Director`s Interest Notice - Web Site
Growler-4 Weekly Drilling Report, PRL 15, South Australian Cooper Basin
Summary:
Victoria Petroleum N.L. as operator for the PEL 104/ PRL 15 Joint Venture advises that following the setting of 9 5/8 inch casing at 667 metres, the current operation at the Growler-4 development well is drilling ahead in 8 ½ inch hole at 1,434 metres. - Web Site
Don Juan Coal Seam Gas Project Weekly Drilling Update, ATP 771P, Surat Basin, Queensland
Summary:
Victoria Petroleum N.L. (Vicpet) has been advised by the operator Bow Energy Limited (Bow) that the Taringa South-3 core hole reached a total depth of 282 metres on 10 August 2008. A total of 3 core samples were taken for gas content estimates and other analysis with 3.95 metres of net coal intersected. The Depco coring rig has been released. - Web Site
Drilling Progress in NSW and Qld - Web Site
Significant Gold Results Extend McPhillamys Mineralisation
Trading Halt - Web Site
Oklahoma - Operations Update - Web Site
Barras Diggers and Dealers Mt Thirsty Presentation 2008 - Web Site
Change in substantial holding from NGF - Web Site
Posse Iron Project Update - Web Site
Changes to Board Composition - Web Site
Charters Towers Warrior Mine Upgrade Continues
Citigold Corporation Limited (Citigold) (ASX:CTO, DIFX:CTO, FSE:CHP) is pleased to announce the further progression of the scaling up of infrastructure and personnel at its Charters Towers Warrior mine are progressing well.
Highlights of the announcement include:-
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Further Long Nickel intersections at Mount Cobalt
D 'Aguilar Gold Ltd (ASX Code: DGR) and its 90% owned nickel‐cobalt subsidiary, AusNiCo Pty Ltd have received all assays from the recent drilling program at Black Snake and Mt Cobalt. In addition to the recent discovery of potential ore‐grade nickel sulphides at Pembroke and high grade cobalt at Mt Cobalt, significant nickel values have been intersected in all of the subsequent holes COB 13, 14, 15 and 16.
The drilling has confirmed that the large Mt Cobalt nickel and cobalt deposit remains open to the north at hole COB 15 which intersected 82m @ 0.58% Ni and 0.015% Co from surface and dips northwards towards a magnetic high anomaly. This magnetic feature appears to underlie the historic Mount Clara copper mines. The Mt Cobalt deposit extends approximately 100 metres thick from surface. (See Figures 1 and 2)......
The grades are relatively constant with lower nickel values in zones that contain larger volumes of quartz rich veins and breccias - rock types which are barren of nickel and potentially removed by simple coarsescreening. Cobalt grades are normally about 160 ppm (0.016% Co) within the nickel intersections, therefore the high grade cobalt zone (0.37% Co) intersected in hole COB 12 is considered to be a later additional shoot of high grade cobalt mineralisation rather than a cobalt rich section of the broader nickel deposit.
The Mt Cobalt nickel deposit occurs 1.5 kilometres north of AusNiCo 's Pembroke nickel sulphide discovery announced on 16 June 2008 where hole PEM 02 intersected 4m averaging 1.1% Ni and 0.05% Co within a 50m wide intersection of nickel sulphides averaging 0.34% Ni (see Table 2). AusNiCo geologists believe there is also potential for a major nickel sulphide discovery at depth at Mt Cobalt and in association with the magnetic anomaly under Mt Clara 400m to the north.
AusNiCo is preparing for an IPO and ASX listing in the next quarter. Funds raised will be used to continue drill definition of the sulphide and oxide nickel zones at Black Snake and Mt Cobalt, sufficient for resource estimations and economic assessment.- Web Site
Appendix 3B - Web Site
Letter of Intent Zoom Developers - Web Site
EPE 20 August Roadshow - Web Site
Becoming a substantial holder/Change in substantial holding - Web Site
ENERGY VENTURES FUND NET TANGIBLE ASSET (NTA) AT 31 JULY 2008
As at 31 July 2008, the Company confirms the following key financial data:
Bullseye Prospect Jumonville 1 Progress Update - Web Site
Mancha Pampa Peru Project Exploration Results - Web Site
Interim Financial Report and Appendix 4D - Web Site
Change in substantial holding - Web Site
Full Year Results Presentation - Web Site
Financial Report - Web Site
Full Year Results Announcement - Web Site
Khantau IOCG Project Geological Data - Key Points
- Web Site
GTL Plant Handover and Opening of World-Class Catalyst Lab - Web Site
Malagasy Minerals Acquires BRGM Operations - Web Site
Change of Director`s Interest Notice - Web Site
West Boggo Creek - 1 Update - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Company Update - Australian Geothermal Energy Conference - Web Site
Options Issued to Consultants - Web Site
Rule 2.10 of the City Code disclosure 15Aug08 - Web Site
Half-Year Results Presentation - Web Site
Notice of Meeting, Explanatory Statement and Prospectus - Web Site
Request for Suspension of Trading - Web Site
Court approves convening of scheme meetings - Web Site
Significant Drill Results from Mabel Hill Nickel Project - Web Site
Rights Issue Update - Web Site
Dispatch of Prospectus - Including Competent Persons Report - Web Site
Chairmans Letter to MAROA Optionholders - Web Site
NGG New Drill Results From Sinivit Gold Mine - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3Y - Web Site
2nd Quarter Financial Report - Web Site
Appendix 3B - Web Site
Notice of General Meeting/Proxy Form - Web Site
Appendix 3Y -F Khan - Change of Directors Interest Notice - Web Site
Appendix 3Y -J Stephenson - Change of Directors Interest No - Web Site
Appendix 3Y -S Madan - Change of Directors Interest Notice - Web Site
Change in substantial holding from AVM - Web Site
Director`s Interest - Web Site
Response to ASX Query - Web Site
Ceasing to be a substantial holder - Web Site
New LBGA China Plant - Web Site
Kalgoorlie West Resource Upgrade - Web Site
Replacement Bidder`s Statement - Web Site
DLS: Weekly Drilling Update - Web Site
Full-Year Results - Briefing Arrangements - Web Site
Investor Update Browns Oxide - Web Site
Evaluation of Iron Potential on Flinders Ranges Tenements - Web Site
New Constitution adopted
Appendix 4D Half Year Report - Web Site
Change of Registered Office - Web Site
Alert to Shareholders Regarding Unsolicited Offer for Shares - Web Site
150808 Appointment Bernard Crawford - Web Site
Weekly Drilling Report Cobra -1A ST3 15th August 2008 - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Release from escrow - Web Site
Change of Director`s Interest Notice - Web Site
Section 708A(5) Notice - Web Site
Becoming a substantial holder from CBA - Web Site
Downs East Drilling Update - Web Site
Appendix 3B and Appendix 3Y
Change of Director`s Interest Notice WR - Web Site
Appendix 3B - Web Site
Response to ASX Query - Web Site
BYL: Notice of Intent Received for Major New Contract - Web Site
TXN: Texons Leighton Oil Prospect Farmed Out
Exploration Update 14 August 2008 - Web Site
Appendix 3B - Issue of Employee Options - Web Site
Change in substantial holding - Web Site
Notice Under Section 708A - Web Site
Appendix 3B - Web Site
Issue of Shares and Unlisted Options - Web Site
Notice of General Meeting/Proxy Form - Web Site
InterMet Resources Takeover Offer Closes - Web Site
Appendix 3E - Web Site
Preliminary Final Report - Web Site
Management Discussion and Analysis - Web Site
Interim Unaudited Financial Report - TSX - Web Site
Becoming a substantial holder for WGO - Web Site
Change in substantial holding - Web Site
Recent Developments on the Flax Field - Web Site
Xstrata - Notice of Variation - Extension of Offer Period - Web Site
Impress Secures Funding for Drilling - Web Site
Central Yilgarn Iron Project- Exploration Program Update - Web Site
Trading Halt Request
On behalf of the Board of Directors of Jutt Holdings Limited (ASX:JUT), I request the securities of the company be placed in a trading halt pending an announcement about a capital raising and changes at the Board and Senior Management.
We expect the trading halt to end upon the released on an announcement today related to the above items. - Web Site
Acquisition of Matsa Resources and Proposed Capital Raising - Web Site
Results of Meeting - Web Site
Chairman`s Address to Shareholders - Web Site
Quarterly Activities Report - Amended - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
Drilling Update - Extended Deeps - Web Site
Mt Forrest Permitting Update - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Peter Coates - Web Site
Media Release Audio Visual Presentation - Web Site
Media Release - Web Site
Release of Company Review and Report Media Announcement - Web Site
Third priority gold target at Engenho - Web Site
Investor Presentation - Web Site
Appendix 3B - Amended - Web Site
Becoming a substantial holder - AMP - Web Site
Results for Announcement to the Market - Web Site
Restricted Securities due for release - Web Site
Oilex Raises Holding to 60% in West Kampar PSC Indonesia - Web Site
Change in substantial holding - Web Site
Becoming a substantial holder - Web Site
Cancellation of Unlisted Options and Performance Rights - Web Site
Third Raven Well Production Status - Web Site
Notice of change of interests of substantial holder for RPM - Web Site
QOL Plant Commissioning Update - Web Site
Appendix 3B - Web Site
Change of Share Registry - Web Site
EKJV - Rubicon Project Development - Web Site
ITC: Growler 4 Drilling Update
NSA July Sales and Production - Web Site
Sydney Gas Results of EGM - Web Site
Appendix 3Y - F Khan - Change of Directors Interest Notice - Web Site
BOW: Operations Update - Web Site
Appendix 3B - 14.08.08 - Web Site
Start Up of WA-351-P 3D Seismic Survey - Web Site
Change of Share Registry - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appointment of Project Development Manager - Web Site
Change in substantial holding - Web Site
ISSUE OF ORDINARY SHARES SECONDARY TRADING NOTICE - Web Site
Release of Securities from Escrow and Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
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Friday 15 August 2008 (Close of Business - New York)
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