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Company News
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Friday 16 January 2009 (Close of Business - Wall Street)
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| All Ords | 3494.9 | +18.1 | Dow Jones | 8281.22 | +68.73 | |||||||
| ASX100 | 2925.0 | +17.3 | S&P 500 | 850.12 | +6.38 | |||||||
| ASX200 | 3550.9 | +21.4 | Nasdaq | 1529.33 | +17.49 | |||||||
| ASX300 | 3538.4 | +20.6 | NYSE Volume ('000) | 6,893,421 | ||||||||
| Materials (Sector) | 8463.0 | +215.5 | US 10-Year Bond | 2.304% | +0.103 | |||||||
| All Ords Gold (Sub Industry) | 4340.5 | +106.2 | CBOE Volatility Index (VIX) | 46.11 | -4.89 | |||||||
| Metals & Mining (Industry) | 2970.6 | +84.1 | Gold - spot/oz | US$842.40 | +25.70 | |||||||
| Energy (Sector) | 11,829.2 | +55.2 | Silver - spot/oz | US$11.22 | +0.64 | |||||||
| New Zealand (NZSE 50) | 2752.2 | +9.3 | Platinum - spot | US$943.00 | +24.00 | |||||||
| Shanghai Composite | 1954.4 | +34.2 | Palladium - spot | US$184.00 | +6.00 | |||||||
| Hang Seng | 13,255.5 | +12.6 | Uranium - spot US$/lb | US51.00 | unch | |||||||
| India BSE 30 | 9323.6 | +276.9 | Reuters-CRB Index (CCI) | 360.06 | +7.89 | |||||||
| Jakarta Composite | 1363.9 | +20.4 | Light Crude (NYM - $US per bbl.) | US$36.51 | +1.11 | |||||||
| Nikkei | 8230.2 | +206.8 | Natural Gas (NYM - $US/mmbtu) | US$4.81 | -0.03 | |||||||
| Taiwan Weighted | 4353.7 | +32.9 | Copper (LME - spot $US/tonne) | 3318 | +110 | |||||||
| FTSE 100 | 4147.1 | +26.0 | Lead (LME - spot $US/tonne) | 1143 | +35 | |||||||
| German DAX | 4366.3 | +29.6 | Zinc (LME - spot $US/tonne) | 1242 | +6 | |||||||
| A$ = US67.11 | +0.82 | Nickel (LME - spot $US/tonne) | 10,830 | +230 | ||||||||
| A$ = 60.76yen | +1.19 | Aluminium (LME - spot $US/tonne) | 1440 | -2 | ||||||||
| A$ = 0.505Euro | unch | Tin (LME - spot $US/tonne) | 11,165 | +85 | ||||||||
| A$ = 0.456GBP | +0.003 | Sydney Futures Exchange - SPI | 3534 | +10 | ||||||||
| Click on Links to Access Charts | ||||||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
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Stocks closed moderately higher Friday after an erratic session that had investors tussling with concerns about the ongoing problems in the banking industry in response to more billion-dollar losses at Citigroup Inc. and Bank of America Corp. Yet investors were also heartened by plans for both banks to restore themselves to profitability, and they were also willing to place bets on a range of consumer and industrial stocks. The market also drew some reassurance from the fact that Bank of America reached a deal late Thursday to receive an additional $20 billion in capital from the government.
Advancing issues outnumbered advancers by about 2 to 1 on the New York Stock Exchange, where consolidated volume came to 5.92 billion shares, down from 6.84 billion Thursday.
However, for the week, the Dow fell 3.7 percent, the S&P 500 lost 4.5 percent and the Nasdaq skidded 2.7 percent.
Crude oil rose in New York for the first time in three days as traders purchased contracts in an attempt to profit from higher prices in future months. Crude oil for February delivery rose $1.11, or 3.1 percent, to settle at $36.51 a barrel.
Copper prices jumped the most in a week in New York on optimism that U.S. government stimulus plans may revive metal demand and the sagging economy.
Gold rose the most in five weeks as a weaker US dollar boosted demand for the precious metal as an alternative investment. Silver also gained.
Appendix 3B - Web Site
Completion of Capital Raising - Web Site
App 3B - CXYO Listed Options Exercised and Expired - Web Site
Expiration of CXYO Listed Options - Web Site
Cancellation of employee options - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Exercise of Employee Options - Web Site
Appx 3B - Placement of 9,700,000 fully paid ordinary shares - Web Site
Cleansing Notice under s708A(5)(e) Corporations Act - Web Site
Wireline Logs Confirm Gas Zones in Orara E-1 - Web Site
Oilex Ltd Boardroom Radio Broadcast - Web Site
Results of Special General Meeting - Web Site
Ceasing to be a substantial holder - Web Site
Quarterly Cashflow Report - Web Site
Alcoa Form 8K Filed January 15 Earnings Conference Call - Web Site
Appendix 3B Part Allotment of Shortfall - Web Site
Appendix 3B - Web Site
Completes the Settlement of Savanna Litigation
Bannerman Resources Ltd (ASX: BMN, TSX: BAN, NSX: BMN) ("Bannerman") announced that it had reached agreement with Savanna Marble CC and certain associated parties ("Savanna") to settle the litigation brought by Savanna against Bannerman and others.
Bannerman is pleased to confirm that completion has occurred in accordance with the terms of the settlement agreement. - Web Site
Appendix 3B - Web Site
Gunyah-1 Plugged and Abandoned - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
MEO: Zeus-1 Update - Web Site
Qld Pilot Burn Start-up on Target - Web Site
TDO Announcement re takover offer by Drillsearch - Web Site
Appendix 3B - Web Site
Appendix 3Z - Web Site
Change of Director`s Interest Notice - Web Site
Geothermal Drilling Program Grant Application Accepted by Go - Web Site
Expiration of Unlisted Options - Web Site
Annual Report 2008 - Web Site
Exchangeable Share Report - Web Site
Quarterly Cashflow Report - December 2008 - Web Site
Response to ASX Query - Web Site
North Queensland Exploration Update
Kagara Ltd is pleased to report that results from diamond drill holes drilled prior to the temporary cessation of exploration have returned several intersections that have enhanced the resources at both the King Vol and Waterloo base metal deposits.
The first intersection of 20.80 metres grading 9.2% zinc and 0.5% copper, including 6.98 metres grading 17.3% zinc and 0.7% copper in hole KVD71, has confirmed continuity of mineralisation within the inferred component of the King Vol ore body (see section attached). It has also opened up potential for extensions along strike. This drill hole is the second best intersection drilled to date within the King Vol deposit and will result in an upgrade to the resource. Drilled width approximates 70% of true width.
A second intersection of 15.35 metres grading 20.8% zinc, 4.6% copper, 2.2% lead, 2.3 grams per tonne gold and 117 grams per tonne silver in hole WT84 (see section attached), was part of an infill drilling program designed to elevate the Waterloo indicated and inferred resource of 464,000 tonnes at 15.5% zinc, 2.9% copper, 2.2% lead, 1.39 grams per tonne gold and 76 grams per tonne silver to reserve status. This drilling program is now complete and a revised upgraded resource will be announced in the quarterly report to be released next week. The continuing excellent results from Waterloo confirms the orebody as the highest grade polymetallic orebody within Kagara's inventory and it is expected to be mined and processed through the Thalanga or the Mt Garnet treatment plants. An 11.75 metres zone grading 2.8% copper in hole WT72, probably representing a feeder zone to the Waterloo orebody, was intersected stratigraphically below the polymetallic orebody. This very significant intersection will be followed up when exploration recommences. - Web Site
Update On Georgetown Project, Queensland, Australia
Quarterly Activities Report - Web Site
Change of Company Secretary
Resignation of Non-Executive Director - Web Site
Change of Director`s Interest Notice - Web Site
Notice of General Meeting/Proxy Form - Web Site
Dividend Reinvestment Plan - Web Site
Appendix 3B - Web Site
December 2008 Quarterly Activities and Cash Flow Report - Web Site
Weekly Drilling Report - Web Site
Change in substantial holding - Web Site
Quarterly Activities and Cashflow Reports
IRON ORE - PILBARA IRON PROJECT (UMC 100%)
RAILWAY DEPOSIT HIGHLIGHTS:
EXPLORATION HIGHLIGHTS:
PROJECT DEVELOPMENT
BAUXITE - KIMBERLEY BAUXITE PROJECT - HYDRO UMC JOINT VENTURE (UMC 25%)
Second Quarter Activities and Cash Flow Report
HIGHLIGHTS
EXPLORATION
CORPORATE
Letter Re Barr Creek
As announced on 30 December 2008, Uramet has sold its Barr Creek tenements in Queensland and will receive $750,000 from the sale once regulatory approvals are in place.
Mr Robin Bromby, commenting on this sale in his weekly resources column in "The Australian" on 5 January 2009, may have left some readers with the impression that Uramet had to sell off its best asset just to survive. This of course is not the case, and following an email from us, Mr Bromby provided a correction (or "amplification") on 12 January 2009.
However, just in case there are any lingering doubts, I am writing today to assure you that:
Alcoa in Launch of USCAP Blueprint for Legislative Action - Web Site
Quarterly Report ending 31 December 2008 - Web Site
MOU with India`s Oil and Natural Gas Corporation - Web Site
Senior Executive Appointment - Web Site
Appendix 3B Issue of options - Web Site
Quarterly Cashflow Report - Web Site
Completion of Capital Raising - Web Site
Maiden 18.2Mt Inferred Bauxite Resource Defined - Web Site
Canaway Ridge Coal Seam Gas Drilling Begins - Web Site
EPR: VIC/P46 Fermat-1 Progress Report No. 6 - Web Site
Correct Headline - Bowen South Project Drilling Update - Web Site
CASH & EXPLORATION BOOST FOR CENTRAL PETROLEUM
Central Petroleum Limited (ASX code "CTP") has boosted cash reserves and enhanced the exploration prospects for a major oil play in Australia's onshore Amadeus Basin under new joint venture arrangements announced today.
The Company has been paid A$550,000 from private resources explorer, Trident Energy Limited, under initial commitments by Trident to earn a 10% stake in Exploration Permit EP 115 in the northwestern Amadeus Basin, west of Alice Springs.
The permit acreage abuts the producing Mereenie oil field in its southeastern area, and includes the highly prospective Johnstone prospect (up to 320 MMbbls UOIIP) and a large part of the Horn Valley Siltstone oil play.
Trident - which has informed Central Petroleum it is considering an Initial Public Offer and ASX listing later this year - has also committed to fund 20% of the cost of drilling the first three wells in EP 115 and the first $3 million of seismic expenditure over the tenement.
The down-payment by Trident represents 20% of the cost of previous seismic programs carried out over the permit to date by the Joint Venture, which now comprises Petroleum Exploration Australia Limited (recently acquired by QGC - a BG Group Business) (20%), Central Petroleum (70% through its wholly-owned subsidiary, Frontier Oil and Gas); and Trident (10%). - Web Site
Provides ZESCO Dispute Update
TORONTO, ON - Equinox Minerals Limited (TSX and ASX symbol: "EQN") ("Equinox" or the "Company") advises that the Protective Relief action initiated by the Company in relation to its dispute with ZESCO (the Zambian power utility that is providing power to Lumwana), was heard in Lusaka High Court, Zambia yesterday, 14 January 2009. The Judge declined to make a ruling and re-scheduled the hearing for January 23, 2009.
As announced January 7, 2009, the Company is in dispute with ZESCO over electricity charges believed by ZESCO to be incurred by the Company since late 2007; a claim the Company disputes. The Company has given Notice of Arbitration to the London Court of Arbitration to commence arbitration proceedings in an effort to resolve the matter....... - Web Site
Fortnightly Drilling Report - Web Site
Ceasing to be a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
Convertible Note Facility to raise up to USD1.5 million - Web Site
Acquisition of 20% interest in Protean Power Pty Ltd - Web Site
Galaxy Share Purchase Plan - Web Site
Appendix 3E - Web Site
2009 Notice of Annual General Meeting and Proxy Form - Web Site
Trading Halt - Web Site
Revised Proxy Form - Web Site
Response to an ASX Query - Director`s Interest Notice - Web Site
Change of Name - Web Site
Addendum to Progress Report 14 January 2009 - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
High Grade Manganese Returned by Auvex Resources - Web Site
Form 605 - Ceasing to be a substantial holder - Web Site
Form 604 for FSN - Web Site
Form 604 for FSN - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Notice of General Meeting/Proxy Form - Web Site
Change in substantial holding from AGK - Web Site
Updated improved resource estimate for the Valhalla Deposit - Web Site
Gulf Coast Operations Update - Web Site
Notice of General Meeting/Proxy Form - Web Site
TARGET WITHDRAWS FROM CATAPULT AND PARKS NORTH PROJECTS AFTER LONG DELAYS
Target Energy Limited (ASX Code: TEX) ("Target") advises that it has withdrawn from Participation Agreements covering the Catapult 3 and Parks North prospects due to lengthy ongoing delays and uncertainty over the commencement of drilling and the capacity of other project partners to secure requisite funding to drill these projects.
Managing Director Laurence Roe said, "Target has been ready and willing to drill these prospects for some time now, however we have been unable to secure a firm drilling timetable from the Operators and it remains unclear if or when drilling will commence. Target considered the lack of certainty over the drilling schedule and project financing to be unacceptable and under the terms of the Participation Agreements, exercised its right to withdraw without penalty and receive a full refund for all its expenses incurred on both projects. This will repatriate around US$290,000 back to the Company and free up a further US$1.75 million of funds presently allocated to these projects...... - Web Site
Confirmation of Annual Report Matters - Correction - Web Site
Quarterly Activities Report - Web Site
Woodside Natural Gas Suspends OceanWay Project
Sites Changed Market Conditions
SANTA MONICA - Woodside Natural Gas announced today that it was suspending work on its proposed natural gas import project for the Los Angeles region, citing changed energy market conditions.
Woodside Natural Gas President Steve Larson said the current conditions were not right for the proposed development.
"We still believe in the long term value of liquefied natural gas as a new source of clean, reliable, and secure energy for Los Angeles," Mr. Larson said.
"But we must acknowledge the impact of the current market, and have notified the regulatory agencies that we are withdrawing our application for the time being.
"We are very grateful for the support we received from many local community members, organized labor and the Los Angeles business community.
"While the permitting process in California and Los Angeles is challenging, we were confident that, with the overall environmental and safety attributes of our design, our application would ultimately succeed."
The OceanWay project design included an offshore ship and buoy system to deliver natural gas by ship far removed from population centers and shipping lanes. ...... - Web Site
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Thursday 15 January 2009 (Close of Business - New York)
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| All Ords | 3476.8 | -147.5 | Dow Jones | 8212.49 | +12.35 | |||
| ASX100 | 2907.7 | -129.2 | S&P 500 | 843.74 | +1.12 | |||
| ASX200 | 3529.5 | -157.5 | Nasdaq | 1511.84 | +22.20 | |||
| ASX300 | 3517.8 | -155.9 | NYSE Volume ('000) | 7,944,439 | ||||
| Materials (Sector) | 8247.5 | -544.5 | US 10-Year Bond | 2.201% | -0.012 | |||
| All Ords Gold (Sub Industry) | 4234.3 | -219.0 | CBOE Volatility Index (VIX) | 51.00 | +1.86 | |||
| Metals & Mining (Industry) | 2886.6 | -198.1 | Gold - spot/oz | US$816.70 | +6.60 | |||
| Energy (Sector) | 11,774.0 | -445.4 | Silver - spot/oz | US$10.58 | +0.03 | |||
| New Zealand (NZSE 50) | 2742.8 | -43.9 | Platinum - spot | US$919.00 | -10.00 | |||
| Shanghai Composite | 1920.2 | -8.7 | Palladium - spot | US$178.00 | -3.00 | |||
| Hang Seng | 13,243.0 | -461.7 | Uranium - spot US$/lb | US51.00 | unch | |||
| India BSE 30 | 9046.7 | -323.8 | Reuters-CRB Index (CCI) | 352.17 | -0.93 | |||
| Jakarta Composite | 1343.5 | -43.4 | Light Crude (NYM - $US per bbl.) | US$35.40 | -1.88 | |||
| Nikkei | 8023.3 | -415.1 | Natural Gas (NYM - $US/mmbtu) | US$4.84 | -0.13 | |||
| Taiwan Weighted | 4320.8 | -200.7 | Copper (LME - spot $US/tonne) | 3208 | +13 | |||
| FTSE 100 | 4121.1 | -59.5 | Lead (LME - spot $US/tonne) | 1108 | -14 | |||
| German DAX | 4336.7 | -85.6 | Zinc (LME - spot $US/tonne) | 1236 | +7 | |||
| A$ = US66.29 | +0.16 | Nickel (LME - spot $US/tonne) | 10,600 | +185 | ||||
| A$ = 59.57yen | +0.78 | Aluminium (LME - spot $US/tonne) | 1442 | unch | ||||
| A$ = 0.505Euro | +0.004 | Tin (LME - spot $US/tonne) | 11,080 | -220 | ||||
| A$ = 0.453GBP | unch | Sydney Futures Exchange - SPI | 3523 | +19 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street pulled off a big turnaround Thursday, rebounding from a steep early drop to finish modestly higher. Investors who began the day worrying about a revival of the banking crisis grew optimistic during the session that the government will again help the financial industry.
During the session the stock market had been down as much as 3%, while the Dow dropped more than 600 points to cross 8000 for the first time since its November bear market low.
The number of stocks rising on the New York Stock Exchange outpaced those declining by about 8 to 7. Earlier decliners led gainers by 10-to-1. Volume came to 1.65 billion shares compared with 1.42 billion shares traded Wednesday.
Oil prices flirted with five-year lows Thursday as unemployment benefit claims rose and OPEC cut demand expectations for 2009.
Copper futures fell for a second straight day as climbing inventories signaled global output of the metal is exceeding demand.
Appendix 3B - Web Site
Second Supplementary Bidders Statement - Web Site
Change to Company`s Financial Year End - Web Site
Rights Issue - Broker Stamping Fee - Web Site
Letter from Chairman - Web Site
Change of Director`s Interest Notice - Web Site
Gas Discovery at Orara-E1 - Web Site
MPO:Further Testing Confirms Gas Zones at Orara E1 (PEL 426) - Web Site
Quarterly Cashflow Report - Web Site
Quarterly Activities Report - Web Site
Change in substantial holding - Web Site
Becoming a substantial holder - Web Site
MEDIA RELEASE Results of Special General Meeting - Web Site
Refinancing Update
OZ Minerals refers to its announcement released to the market on Monday, 12 January 2009 and wishes to advise the market that:
As at 14 January, 2009 OZ Minerals' cash balance was A$139.4 million. - Web Site
Quarterly Activities and Cashflows Report - Web Site
Response to ASX Query - Web Site
Change of Director`s Interest Notice - Web Site
Quarterly Report Dec 2008 - Web Site
Quarterly Activities and Cashflows Report - Web Site
Quarterly Activities Report - Dec 08 Qtr
KEY RESULTS
Conrad Silver ProjeCt, NSW
Elsmore tin Project, NSW
Delungra
Corporate
Results of Meeting - Web Site
Change of Director`s Interest Notice - Web Site
FIS: Mt Thirsty Potentially World`s 4th Largest Cobalt Prod. - Web Site
DLS: Weekly Drilling and Operations Update - Web Site
Update on activities - January 2009 - Web Site
RC Drilling at Shayban continues to deliver High Grade Gold - Web Site
4QPR 2008 - Web Site
Appendix 4C - quarterly - Web Site
Change of Director`s Interest Notice
Confirmation of Details - 2008 Annual Report - Web Site
Dairi Zinc/Lead Project Update - Web Site
Share placement - Web Site
Change of ASX Code - Web Site
Change of Director`s Interest Notice - Web Site
December 2008 Quarterly Activities Report - Web Site
Mineral Enterprises achieves 40% of Gum Flat - Web Site
Forfeiture of Options - Web Site
Further Exploration Update - Hampton Mining - Web Site
Appendix 3Z - Liddell - Web Site
Oropa Granted Exploration Extension For Pungkut Gold Project
Oropa Limited is pleased to announce that the Indonesian government has granted Oropa's 75% owned advanced Pungkut gold project an extension of the time available for exploration until 6 October 2009. A further exploration extension is possible at the Minister of Energy and Mineral Resources' discretion; otherwise the project will advance to the feasibility stage of the Contract of Work ("CoW").
The Pungkut gold project, situated in North Sumatra, is held by PT Sorikmas Mining ("Sorikmas") under a seventh generation CoW with the Indonesian Government. The extension of the Sorikmas CoW exploration period has been granted by Decree Letter number 471.K/30/DJB/2008 issued by the Ministry of Energy and Mineral Resources, and is valid from 7 October 2008 until 6 October 2009.
The shareholders of PT Sorikmas Mining are 75% Aberfoyle Pungkut Investments Pte. Ltd. (100% owned by Oropa), and PT Antam Tbk. Oropa manages the project and is responsible for contributing towards 100% of the exploration and development funding by way of loans to Sorikmas until commencement of production.
During this extension period, Oropa plans to advance the Sihayo and Sambung prospects (where Inferred Resources presently contain 1m ounces of gold), towards full feasibility studies.- Web Site
Letter to Shareholders - Web Site
Letter to Shareholders - Web Site
Appendix 3B-Exercise of Options - Web Site
Conservation Minister Sees Showcase Mine - Web Site
Anglesey Aluminium expects to end smelting operations - Web Site
Rio Tinto appoints new Chairman
Rio Tinto announces that Jim Leng will be appointed as Chairman of the Boards with effect from the conclusion of the Annual General Meeting of Rio Tinto Limited on 20 April 2009. He joins the Boards today as Chairman Designate and a non executive director.
Rio Tinto's current Chairman, Paul Skinner, has today notified the Boards of his preference to retire from the Boards at the conclusion of the AGM on 20 April 2009.
Mr Leng is currently Deputy Chairman of Tata Steel Ltd in India, a position he has held since Corus Group was acquired by Tata Steel in 2007. He is also Chairman of Tata Steel Europe, a position he has held since 2003. Mr Leng's previous roles include Chief Executive of Laporte plc and Chief Executive of Low and Bonar plc. - Web Site
Rio Tinto starts ilmenite production in Madagascar
Rio Tinto's subsidiary, Rio Tinto Iron & Titanium, has begun production of ilmenite at its QMM mineral sands operation at Fort Dauphin in Madagascar.
The development (owned 80 per cent by Rio Tinto and 20 per cent by the Madagascar government) began as an exploration project in the 1980s and is the second largest investment on the island.
Ilmenite from Madagascar will be shipped for processing at Rio Tinto's metallurgical complex in Sorel-Tracy, Quebec, which has upgraded its facilities to process this product. The total cost of the investment in Madagascar and Canada is US$1.2 billion.
Madagascar ilmenite contains 60 per cent titanium dioxide making it higher quality than most other global sources. It will be upgraded in Canada to produce a new 90 per cent titanium dioxide chloride slag suitable for global titanium feedstock markets where it is used in the manufacture of pigments for the paint and plastics industries.- Web Site
Fourth quarter 2008 operations review
Chief executive Tom Albanese said: "Production for the quarter was in line with expectations. We are taking firm action in response to the global economic downturn and, given the resilience of Rio Tinto's low cost assets, expect to remain well positioned when recovery comes."
Change of Director`s Interest Notice - Web Site
Section 708A Notice - Web Site
Board and Management changes - Web Site
4th Quarter Report 2008 - Web Site
Alcoa Form 8-K Filed January 13 (Earnings Press Release) - Web Site
Sugarloaf Operations Update - Web Site
African Energy Resources Limited - Boardroom Radio Broadcast - Web Site
Maiden Inferred Resource at Wodgina - 8.1Mt@57.5%Fe - Web Site
Becoming a substantial holder - Web Site
Issue of options
As announced on 16 October 2007 Atlantic Gold NL agreed to replace 7,500,000 ATVAO options upon their expiry on 28 December 2008 with new options expiring 27 December 2009. These options have now been allotted and the ASX has been advised today. - Web Site
Strategy Update and CEO Retirement - Web Site
Gold Target Doubled to 4800m of Strike at Porters Mount NSW - Web Site
Shareholder Update - Web Site
Surat Project Resource Statement and Drilling Update - Web Site
Final Director`s Interest Notice x 2 - Web Site
Replacement Becoming a substantial holder notice - Web Site
Change in substantial holding - Web Site
Quarterly Cashflow Report - Web Site
Completion of Placement, Cleansing Statement, Appendix 3B - Web Site
New Zone of Mineralisation and Further High-Grade Intercepts - Web Site
Change in substantial holding - Web Site
Encouraging Koolyanobbing VTEM and Drilling Results
Koolyanobbing
Emu Nickel has completed programmes of VTEM surveys and air core drilling on this 90 sq km project situated about 10km south east of Koolyanobbing railway siding.
VTEM is an airborne electromagnetic technique which can detect a highly conductive body such as massive sulphides down to two hundred metres in depth. The VTEM survey identified four significant anomalies within Emu's tenements in two groups, termed the northern and southern conductors.
The northern VTEM conductor is strongly anomalous, has a strike length of 300m and is interpreted to be hosted within a sequence of mafic and ultramafic rocks. Field inspections to examine and sample the anomaly area are in progress.
The southern VTEM conductor area comprises three distinct anomalies ranging from 150m to 600m in length with two of the anomalies associated with a multi-element geochemical anomaly (As-Mo-Bi-Sb). A gold-in-soil geochemical anomaly occurs adjacent and sub-parallel to two of the VTEM conductors. Shallow air core drilling of this gold anomaly returned a best intercept of 2m @ 0.4g/t gold from surface. The drilling intersected quartz stringers interpreted to be associated with a shear zone on a mafic volcanic-metasediment contact.
Field inspections to examine and sample the VTEM anomalies are in progress. Further drilling is being planned in order to test the potential of the northern conductor for nickel sulphides associated with ultramafic rock and to test the southern conductors for gold mineralisation associated with sulphide-bearing shear zones. - Web Site
Net Tangible Asset at 31 December 2008
As at 31 December 2008, the Company confirms the following key financial data:
The closing share price for EVE on the 31st December, 2008 was 1.0 cent. - Web Site
Higher Grade and Potentially Bulk Mineable Tungsten Demonstrated in a Reconnaissance Drill Hole near the Narrawa Deposit, Tasmania
Frontier Resources Ltd is pleased to announce that the higher grade and bulk mineable tungsten potential of the Narrawa Retention Licence (RL 3/2005) in central-northern Tasmania has been evaluated and demonstrated to be very promising.
Decision to Proceed Mt Cattlin and $0.65M Raising - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Trading Halt Request - Web Site
Swan High Grade Drill Results - Web Site
Change of Director`s Interest Notice x3 - Web Site
Change of Director`s Interest Notice - Web Site
Exploration Update
Highlights
Ceasing to be a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
MEO Australia Limited Investor Update - Web Site
Change in substantial holding - Web Site
Pan Pacific Petroleum - Web Site
Form 604 for FSN - Web Site
FIRB Approval for New Zealand Oil & Gas Ltd To Acquire Pan Pacific Petroleum NL Shares
On 15 January 2009, New Zealand Oil and Gas Limited (NZOG) announced that it had received Foreign Investment Review Board approval to acquire up to 19.99% and/or all of Pan Pacific Petroleum NL (PPP).
NZOG also advised that, in due course, it would assess its position to determine what, if any, further steps might be taken.
As previously advised, PPP has appointed Origin Securities Pty Limited to assist with an assessment of PPP's assets and in the formulation of a strategy to maximise value for shareholders so that PPP is fully prepared if a bid or any other proposal for its issued capital eventuates from whatever source. Additionally, Allens Arthur Robinson has been appointed as legal adviser.
As at 31 December, PPP has no debt and a strong cash position totalling A$153 million (equivalent) comprising A$55 million, NZ$38 million and US$46 million. This excludes US$7 million deposited as collateral to support Tui lease arrangements. PPP's cash backing per share is now 26 cents and will continue to increase in the financial year to 30 June 2009 in the absence of a significant acquisition. - Web Site
APPENDIX 3Y - CHANGE OF DIRECTORS INTEREST NOTICE - Web Site
Market Update - Web Site
Successful Production Testing at West Tulsa Project - Web Site
MAH: Revision to Argyle Diamond contract - Web Site
Change in substantial holding from AGK - Web Site
Grants Ridge Uranium Joint Venture, New Mexico - Web Site
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Wednesday 14 January 2009 (Close of Business - New York)
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| All Ords | 3624.3 | +30.4 | Dow Jones | 8200.14 | -248.42 | |||
| ASX100 | 3036.9 | +26.4 | S&P 500 | 842.62 | -29.17 | |||
| ASX200 | 3687.0 | +32.4 | Nasdaq | 1489.64 | -56.82 | |||
| ASX300 | 3673.7 | +31.7 | NYSE Volume ('000) | 6,180,647 | ||||
| Materials (Sector) | 8792.0 | +98.0 | US 10-Year Bond | 2.213% | -0.084 | |||
| All Ords Gold (Sub Industry) | 4453.3 | -99.9 | CBOE Volatility Index (VIX) | 49.14 | +5.87 | |||
| Metals & Mining (Industry) | 3084.7 | +30.4 | Gold - spot/oz | US$810.10 | -10.20 | |||
| Energy (Sector) | 12,219.4 | +223.1 | Silver - spot/oz | US$10.55 | -0.16 | |||
| New Zealand (NZSE 50) | 2786.8 | +12.1 | Platinum - spot | US$929.00 | -8.00 | |||
| Shanghai Composite | 1928.9 | +65.5 | Palladium - spot | US$181.00 | -2.00 | |||
| Hang Seng | 13,704.6 | +36.6 | Uranium - spot US$/lb | US51.00 | -2.00 | |||
| India BSE 30 | 9370.5 | +299.1 | Reuters-CRB Index (CCI) | 353.10 | -4.90 | |||
| Jakarta Composite | 1386.9 | -12.8 | Light Crude (NYM - $US per bbl.) | US$37.28 | -0.50 | |||
| Nikkei | 8438.5 | +24.5 | Natural Gas (NYM - $US/mmbtu) | US$4.97 | -0.19 | |||
| Taiwan Weighted | 4521.5 | -10.9 | Copper (LME - spot $US/tonne) | 3195 | -20 | |||
| FTSE 100 | 4180.6 | -218.5 | Lead (LME - spot $US/tonne) | 1122 | -6 | |||
| German DAX | 4422.4 | -214.6 | Zinc (LME - spot $US/tonne) | 1229 | +15 | |||
| A$ = US66.13 | -0.38 | Nickel (LME - spot $US/tonne) | 10,415 | -370 | ||||
| A$ = 58.79yen | -0.69 | Aluminium (LME - spot $US/tonne) | 1442 | -20 | ||||
| A$ = 0.501Euro | -0.003 | Tin (LME - spot $US/tonne) | 11,300 | -260 | ||||
| A$ = 0.453GBP | -0.005 | Sydney Futures Exchange - SPI | 3561 | -104 | ||||
| Click on Links to Access Charts | ||||||||
Stocks fell to six-week lows on Wednesday on worries about steeper losses at banks worldwide and as U.S. retail sales data pointed to a deepening recession.
The bleeding could continue Thursday after technology bellwether Apple Inc said that its chief executive, Steve Jobs, will take a medical leave of absence until June, a surprise development that sent equity index futures lower.
On Wednesday, the S&P 500 and Nasdaq tumbled more than 3 percent, and all 30 Dow stocks were in the red, including Citigroup. The bank shed more than 23 percent as investors and analysts worried whether the bank can be profitable as it unravels its business model. It is expected to post a multibillion-dollar loss this week.
Fears about the banking sector were exacerbated after Morgan Stanley analysts forecast HSBC, Europe's biggest bank, is likely to halve its dividend and may need to raise up to $30 billion of capital, while Germany's Deutsche Bank said it lost more than $6 billion last quarter.
Trading was moderate on the New York Stock Exchange, with about 1.42 billion shares changing hands, below last year's estimated daily average of roughly 1.9 billion, while on Nasdaq about 1.94 billion shares traded, below last year's daily average of 2.17 billion.
Declining stocks outnumbered advancing ones on the NYSE by 2,793 to 318 while decliners beat advancers on the Nasdaq by about 2,263 to 477.
Oil prices fell Wednesday with a government report showing that crude inventories continued to grow, suggesting that demand for oil and gasoline will not rebound anytime soon.
Copper prices dropped after the government said U.S. retail sales extended a slump to the longest in at least 16 years, signaling the U.S. recession is deepening and metals demand will decline.
Gold prices fell to a five-week low as gains by the US dollar eroded the appeal of the precious metal as an alternative investment. Silver also dropped.
Appendix 3B - Web Site
Quarterly Activities and Cashflow Report - Web Site
Becoming a substantial holder - Web Site
Update re Nightflower Project - Web Site
Appendix 3B - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
Position of Managing Director - Web Site
GREENBUSH PROJECT UPDATE - Web Site
Amended - Change of Director`s Interest Notice - Web Site
Fermat-1, VIC/P46 offshore Otway Basin - Progress Report No. 6
Essential Petroleum Resources Limited has been informed by Beach Petroleum, as operator of the offshore Otway Basin permit VIC/P46, that Fermat-1 has been plugged and abandoned. No significant hydrocarbons were reported.
To date, the Company has not met its December 2008 and January 2009 cash call requirements for the Fermat-1 drilling operations.
Under the provisions of the VIC/P46 Joint Venture Agreement, EPR has another 37 days to rectify this situation. During this period the operator is not obliged to provide EPR with information about the drilling operation other than that which it announces to the ASX. The Company is continuing in its endeavours to farm-out an interest in VIC/P46. - Web Site
Quarterly Activities and Cashflow Report - Web Site
Change of Director`s Interest Notice - Web Site
Exercise of options - Web Site
Progress Report 14 January 2009 - Web Site
Cancellation of Shares - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Shareholder letter - Web Site
BGF Equities Company Research Report
Significant Upgrade of Ayanfuri Gold Project
Perseus Mining Limited previously identified as one of the most compelling new gold companies, based on two multi-million ounce gold projects in Ghana and the Ivory Coast. - Web Site
Change in substantial holding - Web Site
Sale of Argyle Iron Ore Project - Web Site
Notice of Call for RSNCH Partly Paid Shares - Web Site
Management Changes - Web Site
Confirmation of Annual Report Matters - Web Site
$1.7 MILLION UNDERWRITTEN RIGHTS ISSUE
The directors of Universal Resources Limited ("Universal" or the "Company") are pleased to advise that the Company has entered into underwriting agreements with four sophisticated investors to underwrite a pro- rata, non-renounceable issue of shares to existing shareholders to raise approximately $1.7 million.
A prospectus is expected be lodged with ASIC around 19 January 2009 and will be posted to shareholders on or about 4 February 2009 in accordance with the ASX Listing Rules. A summary of the issue follows.
The issue: A non-renounceable issue of new shares to existing shareholders on the basis of 1 new share for every two shares held on the Record Date (expected to be on or about 29 January 2009) at an issue price of 1c per share...... - Web Site
Cerro Negro Project Update - Web Site
Change in substantial holding for PES - Web Site
Appendix 3B Issue of Shortfall New Shares - Web Site
Amendment to terms of loan from CRX
UNSECURED LOAN REDUCED AND EXTENDED TO 27 JANUARY 2010
Atlantic Gold NL ("ATV") confirms that it has amended its existing loan facility with CRX Investment Pty. Limited ("CRX"), whereby CRX has taken its option to convert $640,456.89 of the outstanding loan amount under the Loan Agreement into 12,735,043 new ordinary shares of ATV at an effective issue price of 5 cents per share.
Further, ATV has extended the maturity of the remaining $450,000 loan balance to 27 January 2010. The loan's interest rate is set at 15% per annum payable in advance. ATV's opportunity to extend the loan for a further thirteen month period comes at no upfront cost or dilution to ATV..... - Web Site
Beach Petroleum Limited Weekly Drilling Report - Week ending 14 January 2009
The drilling report and well location map for the week ending 14 January, 2009 are attached. Highlights of the week's activities include:
Beach Petroleum Operated Cooper / Eromanga Exploration
Gunyah-1, the third of four back-to-back wells currently being drilled by the Joint Venture in PEL 92 / PPL 220, is drilling ahead at a depth of 2005 metres in the Kalladeina Formation. Interests in the four well program are Beach Petroleum Ltd (75%) and Cooper Energy Ltd (25%).
Cooper/Eromanga Oil Exploration and Development - Santos Operated
In areas operated by Santos, two successful wells were drilled (Spencer West-3, Beach 20.21% and Tennaperra-2, Beach 30%).
Beach Operated Offshore Australia Program - SE Australia
Fermat-1 (Beach 50%) is being plugged and abandoned, having reached a total depth of 3585 metres and failing to find any significant hydrocarbons. Interests in Fermat-1 are Beach Petroleum Ltd, 50%, Essential Petroleum Resources Ltd, 25% and Mitsui E&P Australia Pty Ltd, 25%. Note that Essential is currently in default of the December 2008 and January 2009 cash call requirements for the Fermat-1 drilling operations.
Egypt - South East July Concession - Gulf of Suez
South July-1, targeting oil in the Rudeis and Nubia Formations, is drilling ahead in the South Gharib Formation at a depth of 2416m. Interests in South July-1 are Beach Petroleum (Egypt) Pty Limited, 20%, Santos Egypt Pty Ltd, 40% and Dana Petroleum (E&P) Limited, 40%. - Web Site
Appointment of New Chief FInancial Officer - Web Site
Euroz Securities Limited Initiates Coverage - Web Site
BPT: Progress Report - Web Site
Appendix 3Y Martin Kavanagh - Web Site
Appointment of Chief Operating Officer - Web Site
Allocation of Feldspar Portsite
Announcement released today concerning the allocation of the Port Turumbi portsite for the 44.5 million tonne Abu Dabbab tantalum-tin-feldspar project.
The support for the project being provided by the highest levels of the Egyptian Government is most encouraging and bodes well for the successful implementation of the Abu Dabbab project, which we are confident will become the prime focus of global tantalum production.
Following the recently announced closure of Wodgina, which was the world's largest tantalum mine, Abu Dabbab is set to fill the expected void in the supply of this strategic metal. The Abu Dabbab resource base is unrivalled and capable of supplying a major portion of the world's tantalum requirement for several decades. - Web Site
Change of Director`s Interest Notice - Web Site
MPO: Gas Discovery at Orara E1 (PEL 426) - Web Site
Acquisition of Stannary Hills Tin Mining Leases and App 3B
North Queensland Metals Limited (NQM or the Company) has acquired a suite of tin mining leases immediately to the north of NQM's EPM 14741 tenement at Herberton, in far north Queensland.
NQM has acquired the mining leases, which include Stannary Hills, from Nickelseekers Pty Limited, having paid $200,000 plus 1,000,000 shares in NQM. - Web Site
PNG Portfolio Realignment. 14 January 2009
Oil Search is pleased to announce that it has signed a number of agreements in relation to its exploration acreage portfolio in PNG:
Farm-down to Nippon Oil Exploration Limited (NOEX) and Alignment Agreement
Oil Search has agreed to farm-down interests of between 10% and 20% in four exploration licences (PPLs 219, 234, 239 and 244) to NOEX, a subsidiary of Nippon Oil Corporation of Japan. Oil Search and NOEX have also signed an Alignment Agreement under which the parties will cooperate on a non-exclusive basis on progressing gas commercialisation opportunities in PNG.
Through 36.6% owned Merlin Petroleum Company, NOEX has been a long term investor in PNG with interests in the Kutubu and Gobe oil fields and the PNG LNG Project. In December 2008, NOEX increased its PNG LNG Project equity and oil field interests through the acquisition of AGL's PNG assets.
The farm-down and Alignment Agreement between Oil Search and NOEX will see the parties cooperating in an active exploration programme in PNG for both oil and gas as well as potentially expanding their interests beyond the common licences currently held.
Acquisition of PRL 10 and PPL 240
Oil Search has reached agreement to acquire Gedd (PNG) Ltd's 10% interest in PRL 10, which contains the Uramu offshore gas field and 10% in PPL 240, the licence that surrounds the Kimu gas field.
The above agreements are subject to obtaining PNG Government approval and, in the case of PPL 219 and 244, joint venture approval...... - Web Site
DEACON RESOURCE INCREASES TO 71,800 TONNES NICKEL CONTAINED
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Review of Exploration Asset Carrying Values - Web Site
Release of Escrowed Securities - Web Site
FLETCHER-4 APPRAISAL WELL UPDATE – WA-191-P
Tap Oil Limited ("Tap") provides the following information on the Fletcher-4 appraisal well.
Location
Fletcher-4 is a deviated sidetrack from the Fletcher-3 well, being drilled to appraise the eastern part of the Fletcher oil discovery in Exploration Permit WA-191-P. The well is located at latitude 19°14' 47.79"S and longitude 116° 47' 48.04"E. The target top Legendre Formation is approximately 500 m to the northwest of the Fletcher-3 location. Water depth at the well location is 156 m.
Progress
Fletcher-4 kicked off on Thursday 08 January 2009 and has reached a total depth of 3,252 m measured depth. Fletcher-4 intersected the primary target reservoir but it was found to be water wet.
Forward Plans
At the conclusion of logging operations in Fletcher-4, the well bore will be plugged back and abandoned, and the rig released.
Tap Comment
Fletcher-4 was designed to appraise a fault block adjacent to the Fletcher-1&2 and Fletcher-3 oil discoveries. The results of Fletcher-4 illustrate the complexity of the Fletcher oil accumulation. Interpretation of the well data from Fletcher-4, together with remapping incorporating all of the well results, will be undertaken in order to confirm the potential of the Greater Fletcher High.
The Fletcher oil field is approximately 17 km east of Santos' producing facilities at the Mutineer and Exeter Fields (Figure 1). Fletcher's proximity to existing facilities significantly enhances the potential for commercial development. - Web Site
Acquisition of New Project Port Pirie - Web Site
Change in substantial holding - Web Site
EKA: Sugarloaf Operations Update - Web Site
AUT: Sugarloaf Operations Update - Web Site
Investor Presentation January 2009 (revised) - Web Site
Appointment of Alternate Director APP 3X - Web Site
Primary Gold Mineralisation Discovered West Musgraves - Web Site
Final Director`s Interest Notice R H R Adamson - Web Site
Browns Stage 2 (Sulfide Project) Update - Web Site
Change of Registered Office - Web Site
Caltex Announces Improved 2008 RCOP Result - Web Site
Initial JORC Code Resource for Mulga Rock Deposits - Web Site
Quarterly Activities Report - December 2008
.....The re-establishment of access to higher grade ore in the second quarter combined with strong operational performance resulted in full year production in 2008 of 5,339 tonnes, the third highest annual production on record for the Ranger mine, and one per cent lower than 2007.
Uranium oxide production of 1,634 tonnes in the December 2008 quarter was 21 per cent higher than the September 2008 quarter due to the strong operational performance and increased grade availability. The average head grade in the December quarter increased to 0.37 per cent uranium oxide compared with 0.32 per cent in the September quarter.
Material mined for the December 2008 quarter was 111 per cent higher than the December 2007 quarter primarily due to the purchase of additional mining equipment in the first half of 2008. Material mined was nine per cent lower than the September 2008 quarter as the onset of the wet season impacted mining rates. Ore mined was 40 per cent lower than the September quarter of 2008 due mainly to the sequencing of waste and ore removal from the pit.
ERA met all delivery commitments for the 2008 year resulting in sales of 5,272 tonnes (2007: 5,324 tonnes). ERA's average contractual sales price is only partially influenced by the spot market due to the portfolio of contracts containing a range of pricing mechanisms.
The spot market price at the end of December was US$52.50 per pound (December 2007: US$89.50 per pound). The average realised sales price of uranium oxide for the year was US$32.53 per pound (2007: US$25.06 per pound).
EXPLORATION AND EVALUATION
Work on the Ranger Expansion Project (REP) was focussed on the development of a heap leach facility for the extraction of 15,000 to 20,000 tonnes of uranium oxide contained in low grade mineralised material both in situ and on stockpile. The small column and large column tests underway yielded extractions of greater than 70 per cent at low rates of acid consumption. Full year expenditure, which has been expensed, was $14 million.
Extensive exploration has occurred over the last two years in the area known as Ranger 3 Deeps, which is located in an easterly direction adjacent to the current Ranger 3 operating pit. This exploration has focused on defining potential for an extension to the current open-cut pit or possible establishment of underground mining.
As announced on 17 November 2008, current understanding of the mineralisation in the Ranger 3 Deeps area, supported by drilling during 2008, has defined a significant extension to the mineralisation north of earlier intersections and at a shallower depth.
This exploration mineralisation target is in the range of 15 million to 20 million tonnes, potentially containing 30,000 to 40,000 tonnes of uranium oxide. The mineralised zone has a strike length of approximately 1.2 kilometres and has been intersected by 117 diamond drill holes........ - Web Site
PACA 2 - Declared Oil Discovery
Record Date For Interest on Convertible Notes - Web Site
CHINA DEVELOPMENT BANK APPROVAL OF THE KARARA PROJECT LOAN FACILITY
FURTHER KEY MILESTONE AS $534M EQUITY FUNDING PACKAGE NEARS COMPLETION KEY POINTS
Notice of Extraordinary General Meeting/Proxy Form - Web Site
Cooper Basin Project Update
Geodynamics is pleased to announce the intersection of a flowing fracture in the top of the granite at Savina 1 at 3,700m, approximately 85m below the top of the granite. - Web Site
Broadcast Interview - Mt Cattlin DFS - Web Site
Appendix 3E - Web Site
Ceasing to be a substantial holder from CBA - Web Site
Response to ASX query - Web Site
Significant drill intercepts expand the Swan high-grade copper-gold zone at Ivanhoe Australia's Mount Elliott Project
Peter Reeve, Chief Executive Officer of Ivanhoe Australia, announced today that drilling on the Swan high-grade copper-gold zone at the Mount Elliott Project in northwest Queensland has significantly expanded the mineralisation on the zone's eastern and western flanks.
Drill hole MEQ1194 on the eastern flank intersected 342 metres @ 1.53% copper equivalent (eCu¹) and indicates the presence of a large, near-surface zone of additional higher grade mineralisation between the Swan high-grade zone (HGZ) and the original Mount Elliott mine. (NB; At current metal prices eCu grades quoted in this release would be higher). - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Quarterly Cashflow Report - Web Site
Laboratory Testing Confirms Goodwin-1 CSG Potential - Web Site
Ceasing to be a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
Change in substantial holding - Web Site
Claim Against Newport Regarding Former Project - Web Site
Oman Drilling Campaign - Summary Results
Oilex advises that the 4-well drilling program in Block 56, Oman, has been completed successfully with very encouraging results from 3 wells including the Al Jumd-1 well for which a testing program is being planned and the Umq-1 well in the central part of the block which had oil and gas shows over more than 500 metres of section. The Abraj 204 rig has been released from the Umq-1 well location, the final well in the second phase of drilling on Block 56.
The well results have confirmed the oil potential of the Eastern Flank Salt Basin in Block 56 and extended the prospective area into the extensive Central Terrace area where no previous drilling had been carried out. The program included the drilling of the Sarha-2 appraisal/exploration well and the Lathab-1, Al Jumd-1 and Umq-1 exploration wells. The well results are summarised below in sequence of drilling. ....... - Web Site
OZ Minerals improves cash costs at Golden Grove with Scuddles suspension
As part of its ongoing review of operations, OZ Minerals is to put the Scuddles mine at its Golden Grove operations in Western Australia on care and maintenance resulting in approximately US$15m in annual cost savings. This closure, and a re-focus on the Gossan Hill operations, is expected to reduce 2009 Golden Grove zinc production by 25,000t to between 55,000 - 60,000t but increase copper production by 5,000t to between 40,000 - 45,000 tonnes. - Web Site
Form 604 for FSN - Web Site
Further High Grade Uranium and Molybdenum Confirmed at Karoo - Web Site
Progress Report Mundi Plains Joint Venture - Web Site
AGL Supplementary Bidder`s Statement - Web Site
Change in substantial holding from AGK - Web Site
Holdings in Company - Web Site
Further significant Manganese results from Baramine - Web Site
December 2008 Quarterly Activities Report
The quarterly report gives an update on the manganese projects now in the Shaw River portfolio.
All three projects have excellent potential for manganese mineralisation, with the most prominent project being the Barramine Project, northwest of the world class Woodie Woodie Manganese Mine. Hosted in similar rocks to Woodie Woodie, reconnaissance sampling at Barramine has identified ore grade (+30%) samples in multiple locations. Drilling is planned to commence in the 2nd Quarter of 2009.
The company has also advanced its base metal and gold targets over all its projects to drill ready status over the past 18 months. - Web Site
Becoming a substantial holder from GCR - Web Site
Takoradi Limited South America Exploraion Update
Expiry of Options - Web Site
Appendix 3B - Web Site
Wesfarmers Update - Web Site
|
Tuesday 13 January 2009 (Close of Business - New York)
|
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| All Ords | 3593.9 | -30.1 | Dow Jones | 8448.56 | -25.41 | |||
| ASX100 | 3010.5 | -23.7 | S&P 500 | 871.79 | +1.53 | |||
| ASX200 | 3654.6 | -28.7 | Nasdaq | 1546.46 | +7.67 | |||
| ASX300 | 3642.0 | -28.3 | NYSE Volume ('000) | 5,676,413 | ||||
| Materials (Sector) | 8694.0 | -124.4 | US 10-Year Bond | 2.297% | -0.012 | |||
| All Ords Gold (Sub Industry) | 4553.2 | -20.8 | CBOE Volatility Index (VIX) | 43.27 | -2.57 | |||
| Metals & Mining (Industry) | 3054.3 | -41.6 | Gold - spot/oz | US$820.30 | +0.40 | |||
| Energy (Sector) | 11,996.3 | -335.8 | Silver - spot/oz | US$10.71 | +0.09 | |||
| New Zealand (NZSE 50) | 2774.6 | +6.4 | Platinum - spot | US$937.00 | -15.00 | |||
| Shanghai Composite | 1863.4 | -37.0 | Palladium - spot | US$183.00 | -2.00 | |||
| Hang Seng | 13,668.1 | -303.0 | Uranium - spot US$/lb | US53.00 | unch | |||
| India BSE 30 | 9071.4 | -38.7 | Reuters-CRB Index (CCI) | 358.00 | -0.48 | |||
| Jakarta Composite | 1399.7 | -6.8 | Light Crude (NYM - $US per bbl.) | US$37.78 | +0.19 | |||
| Nikkei | 8413.9 | -422.9 | Natural Gas (NYM - $US/mmbtu) | US$5.18 | -0.36 | |||
| Taiwan Weighted | 4532.4 | +78.5 | Copper (LME - spot $US/tonne) | 3215 | -10 | |||
| FTSE 100 | 4399.2 | -27.0 | Lead (LME - spot $US/tonne) | 1128 | -28 | |||
| German DAX | 4636.9 | -82.7 | Zinc (LME - spot $US/tonne) | 1214 | -15 | |||
| A$ = US66.51 | -1.68 | Nickel (LME - spot $US/tonne) | 10,785 | +140 | ||||
| A$ = 59.48yen | -1.37 | Aluminium (LME - spot $US/tonne) | 1462 | -31 | ||||
| A$ = 0.504Euro | -0.006 | Tin (LME - spot $US/tonne) | 11,560 | -85 | ||||
| A$ = 0.458GBP | -0.002 | Sydney Futures Exchange - SPI | 3623 | unch | ||||
| Click on Links to Access Charts | ||||||||
The Dow fell for the fifth straight day on Tuesday as investors fretted over what many expect will be a gloomy earnings season, overshadowing a boost in financials on bets U.S. authorities will take toxic assets off banks' balance sheets.
But the S&P 500 and Nasdaq ended higher as rising oil prices lifted energy shares and biotechnology companies gained as investors bet they will be among the few sectors with growing earnings.
Trading was moderate on the New York Stock Exchange, with about 1.31 billion shares changing hands, below last year's estimated daily average of roughly 1.9 billion, while on Nasdaq, about 2 billion shares traded, below last year's daily average of 2.17 billion.
Advancing stocks outnumbered declining ones on the NYSE by 1,648 to 1,434 while advancers beat decliners on the Nasdaq by about 1,503 to 1,233.
The federal government already has run up a record deficit of $485.2 billion in just the first three months of the current budget year. And economists say the imbalance for the full year could easily top $1 trillion.
Crude oil rose for the first time in six days in New York after Saudi Arabia said it will make deeper supply cuts than announced to bolster prices.
Copper prices advanced in New York after a report showed imports rose in China, the world's biggest user of the metal.
Gold futures dropped in New York as the US dollar rallied, limiting the appeal of the precious metal as an alternative investment. Silver also fell.
Trading Halt - Web Site
Convertible Notes - Dates for Quarterly Interest payment - Web Site
Final Director`s Interest Notice - Web Site
Change of Director`s Interest Notice x2 - Web Site
Director Appointment/Resignation - Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
Form 603 from TRY - Web Site
Renounceable Rights Issue - Allotment of Shares - Web Site
New phone and Fax numbers - Web Site
Appendix 3B - Web Site
Response to ASX Query - Web Site
Cancellation of Unlisted Options - Web Site
Exploration Results Calvert River Base Metals and Gold - Web Site
Alcoa 4th Quarter 2008 Results
App 3b Issue of shares to CRX as partial loan repayment - Web Site
Amendment and re-statement of loan from CRX - Web Site
Quarterly Activities Report - Web Site
Change in substantial holding - Web Site
Change of Director`s Interest Notice - Web Site
TDO: 3D Oil response to Drillsearch Interest - Web Site
Company Secretary Appointment/Resignation - Web Site
Change in substantial holding - Web Site
Change of Chairperson - Web Site
New Customer Agreement - Web Site
BG GROUP COMPULSORY ACQUISITION OF SHARES IN QGC COMMENCES - Web Site
Southeast Lost Hills Operational Update
Jack Hamar 3-13 Well, South East Lost Hills Prospect, Kern County, California, 50% WI
Quest Petroleum NL (ASX Code: QPN) is pleased to announce that the Southeast Lost Hills (SELH) Project has recently achieved production rates of approximately 400 thousand cubic feet per day ("mcfd") of gas of gas at a stable wellhead pressure of 1,000 psi.
Initial production from the Jack Hamar 3‐13 well at the SELH Project commenced on 5 December 2008 at a rate of approximately 200 mcfd of gas. Cumulative gas sales up to 8 January 2008 was approximately 11.3 million cubic feet. Assuming gas production rates in the range of 300 to 400 mcfd, the estimated value of Quests' share (after royalty payments) is approximately US$19,000 to US$25,000 per month (approx. A$27,000 to A$36,000 per month, assuming AUD/USD = $0.70). ...... - Web Site
RIGHTS ISSUE TO RAISE $1,558,618
TALBOT GROUP TO FULLY UNDERWRITE ISSUE
Southern Gold Limited (ASX Code: SAU) has announced a fully underwritten one (1) for three (3) non-renounceable pro rata rights issue at an issue price of $0.05 per new SAU share to raise $1,558,618.
The Rights Issue is open for acceptance by eligible shareholders from 12 January 2009 until 5.00pm Adelaide time on 27 January 2009.
Talbot Group Holdings Pty Ltd, who holds approximately 7.08% of SAU's issued share capital, has agreed to fully underwrite the Rights Issue.
The proceeds from the Rights Issue will allow SAU to continue to progress exploration across its gold and base metal projects in Cambodia and Australia.- Web Site
Rights Issue Cleansing Statement - Web Site
Appendix 3B - Web Site
FURTHER HIGH-GRADE URANIUM INTERSECTIONS IN GWABE RESOURCE DELINEATION DRILLING, CHIRUNDU JV, ZAMBIA
HIGHLIGHTS:
Monthly Exploration Report - December 2008 - Web Site
ANTAM DOES NOT EXTEND SHARES BUYBACK PERIOD - Web Site
Final share buy-back notice - Appendix 3F - Web Site
Alcoa Q4 2008 Results - Web Site
Constitution - Web Site
Perilya Limited 02 - Panel Receives Application - Web Site
Appendix 5B - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
CAP Correction:DLS Initial HoldingNotice should be under TDO - Web Site
DLS Notice of Initial Substantial Holding Updated - Web Site
Form 603 - Notice of Initial Substantial Holder for TDO - Web Site
Drilling Confirms Discovery of New Precious Metal Prospect - Web Site
OTCQX Listing in New York - Web Site
High-Grade Iron Ore Confirmed at Weeli Wolli - Web Site
Change of Director`s Interest Notice - Web Site
Notice of Record Option Conversion - Web Site
Update on Drilling Programs
The Directors of Minotaur Exploration (ASX : MEP) wish to provide an update on the drill testing of three new iron oxide copper-gold (IOCG) exploration targets as announced by the Company on 5th December 2008. Each project involves joint venture partner funding, with Minotaur as operator.
In South Australia, drilling has re-commenced at the Mabel Creek Project, 60 km west of Coober Pedy. Up to three holes are targeting a major regional gravity anomaly under 200 metres of cover. This work is being funded by JOGMEC, the Japan Oil, Gas and Metals National Corporation.
Upon completion of the Mabel Creek drilling, the drill rig will shift to the Roxby/Acropolis Project, where a new gravity anomaly (the Aphrodite Prospect) has been defined by recent surveys 35 km south of Olympic Dam. This work is also being funded by JOGMEC, but under a separate Joint Exploration Agreement to that applying to Mabel Creek.
In Nova Scotia, drilling is complete, as is cutting and sampling of drillcore, and samples have been submitted for assay. This work is being undertaken under a joint venture with Toronto- listed Dundee Precious Metals. - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B New Issue Announcement - Web Site
Quarterly Cashflow Report - Web Site
Form 604 for FSN - Web Site
Board changes - Web Site
Puntland Update - Web Site
Dispatch of Rights Issue Offer Memorandum - Web Site
Development of Deep Sea Port at Kribi in Cameroon - Web Site
Rights Issue Acceptances - Web Site
Change in substantial holding from AGK - Web Site
Change in substantial holding from AGK - Web Site
Announcement of buy-back - Appendix 3C - Web Site
|
Monday 12 January 2009 (Close of Business - New York)
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| All Ords | 3624.0 | -56.4 | Dow Jones | 8437.97 | -125.21 | |||
| ASX100 | 3034.2 | -43.2 | S&P 500 | 870.26 | -20.09 | |||
| ASX200 | 3683.3 | -52.4 | Nasdaq | 1538.79 | -32.80 | |||
| ASX300 | 3670.3 | -51.6 | NYSE Volume ('000) | 5,256,091 | ||||
| Materials (Sector) | 8818.4 | -202.5 | US 10-Year Bond | 2.309% | -0.098 | |||
| All Ords Gold (Sub Industry) | 4574.0 | +19.1 | CBOE Volatility Index (VIX) | 45.84 | +3.02 | |||
| Metals & Mining (Industry) | 3095.9 | -79.8 | Gold - spot/oz | US$819.90 | -33.70 | |||
| Energy (Sector) | 12,332.1 | -245.0 | Silver - spot/oz | US$10.62 | -0.63 | |||
| New Zealand (NZSE 50) | 2768.3 | +10.9 | Platinum - spot | US$952.00 | -37.00 | |||
| Shanghai Composite | 1900.3 | -4.5 | Palladium - spot | US$185.00 | -7.00 | |||
| Hang Seng | 13,971.0 | -406.4 | Uranium - spot US$/lb | US53.00 | unch | |||
| India BSE 30 | 9069.5 | -337.0 | Reuters-CRB Index (CCI) | 358.48 | -14.42 | |||
| Jakarta Composite | 1406.5 | -10.1 | Light Crude (NYM - $US per bbl.) | US$37.59 | -3.24 | |||
| Nikkei | 8836.8 | na | Natural Gas (NYM - $US/mmbtu) | US$5.52 | +0.02 | |||
| Taiwan Weighted | 4453.9 | -13.6 | Copper (LME - spot $US/tonne) | 3225 | -57 | |||
| FTSE 100 | 4426.2 | -22.4 | Lead (LME - spot $US/tonne) | 1156 | -26 | |||
| German DAX | 4719.6 | -64.3 | Zinc (LME - spot $US/tonne) | 1229 | unch | |||
| A$ = US68.19 | -2.12 | Nickel (LME - spot $US/tonne) | 10,645 | -975 | ||||
| A$ = 60.85yen | -2.78 | Aluminium (LME - spot $US/tonne) | 1493 | -28 | ||||
| A$ = 0.510Euro | -0.011 | Tin (LME - spot $US/tonne) | 11,645 | +15 | ||||
| A$ = 0.460GBP | -0.004 | Sydney Futures Exchange - SPI | 3615 | -60 | ||||
| Click on Links to Access Charts | ||||||||
Stocks fell on Monday as concerns about massive credit losses at Citigroup knocked its shares 17 percent lower, dragging down bank stocks, and on fears of a dismal fourth-quarter earnings season.
Volume was light on the New York Stock Exchange, where about 1.31 billion shares changed hands, below last year's estimated daily average of 1.49 billion. On the Nasdaq, about 1.81 billion shares traded, also below last year's daily average of 2.28 billion.
Decliners outnumbered advancers on both the New York Stock Exchange and Nasdaq by a ratio of about three to two.
Alcoa Inc kicked off the earnings season after the bell with a wider-than-expected loss of 28 cents a share, excluding items.
Falling crude demand in the US drove oil prices to a new low for the year - down 8 percent, or $3.24, to settle at $37.59 a barrel.
Copper prices tumbled by the most in three weeks on signs the slumping global economy is eroding demand for metals used in manufacturing and building - also reports surfaced that China may suspend planned copper purchases.
Gold futures fell 4% Monday to end at the lowest level in one month, pacing sharp losses in crude oil and other commodities, with a stronger U.S. dollar also reducing the metal's investment appeal.
Sale of Unmarketable Parcels - Web Site
Becoming a substantial holder - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Condor.CIML Merger - Amendment - Web Site
Change of Director`s Interest Notice - Web Site
Quarterly Activities and Cashflow Reports - Web Site
Position of Managing Director - Web Site
Initial Director`s Interest Notice Thomson - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3B - Exercise of Options - Web Site
Renewal of Exploration Licence EL1165 Wowo Gap Project - Web Site
AGK: Dispatch of Bidder Statement - Web Site
Appendix 3B - Web Site
Company Update - Personnel Changes - Web Site
Correction of Typographical Error - Web Site
Maiden JORC Resource Carajas Copper Project - Web Site
APP3B Appointment of Director Form 603 S708A Notice - Web Site
Buru Strategic Review and Forward Program - Web Site
Notice of General Meeting - Web Site
Becoming a substantial holder - Web Site
Appendix 3B - Web Site
Appointment of Chairman - Web Site
Reinstatement to official quotation - Web Site
Results of Meeting - Web Site
New Metgasco Website - Web Site
Response to an ASX Price Query - Web Site
Appendix 3B - Web Site
IGC Finalises Merger Terms - Web Site
Forthcoming Release of Restricted Securities - Web Site
Feasibility Update, Ayanfuri Gold Project, Ghana
Ongoing Feasibility Study Suggests Significant Cost Savings and Improved Economics
Improvements to processing methods proposed for the Ayanfuri Gold project in an update to the prefeasibility study have:
Appendix 3Y Change of Directors Interest Notice - Web Site
Notice of Meeting - Web Site
Ceasing to be a substantial holder from HHL - Web Site
Final Director`s Interest Notice - Web Site
Arrow Commences Vietnam Exploration Drilling - Web Site
Results of Meeting - Web Site
Becoming a substantial holder and Appendix 3Y - Web Site
BTR: Mumbwa Project Update/Drilling Results - Web Site
Rockland Group Copper Project - Web Site
Gunyah-1 Update - Web Site
Release of Shares from Voluntary Escrow - Web Site
PNX: Tenement Purchase - Web Site
Appointment of Nominated Advisor and Brokers - Web Site
3D Oil Limited - Notice of Initial Substantial Holding - Web Site
Trading Halt - Web Site
Change in substantial holding - Web Site
Mt Cattlin DFS Indicates Strong Returns for Galaxy - Web Site
Change in substantial holding from CBA - Web Site
Response to ASX Query - Web Site
Change of Director`s Interest Notice - Web Site
Non-Renounceable Issue - Web Site
Appendix 3B - Web Site
Becoming a substantial holder for WWI (lodged 08/01/09) - Web Site
Refinancing Update
As at 8 January 2009, OZ Minerals' cash balance was A$132.0 million. The Company's cash balance as at 23 December 2008 was A$169.2 million, as previously reported. The cash balance declined further to A$109.3 million by 30 December 2008, and has subsequently increased.
OZ Minerals also wishes to advise that, except for a small number of disputes as to delivery, quality and similar considerations, its creditors' accounts are in line with agreed terms.
"We have made significant progress with the Facility A lenders regarding the provision of a bridging finance facility", said Andrew Michelmore, OZ Minerals' Managing Director and CEO, "and we look forward to advising further progress in our refinancing negotiations as soon as possible.
"The improvement in the rate at which we are consuming cash reflects better commodity prices, and some very early benefits of the cost-cutting program we have previously advised to the market", Mr. Michelmore added. - Web Site
2009 Update - Web Site
Argyle Project Sale Update - Web Site
Significant copper, gold and uranium results at Hillside SA - Web Site
Shaw River December 2008 Quarterly Activities Report - Web Site
MAJOR INCREASE IN MINERAL RESOURCE AT SPOTTED QUOLL TO 2.0 MILLION TONNES @ 6.2% NICKEL
The Board of Western Areas is pleased to announce a major increase in the high grade mineral resource at Spotted Quoll. The revised mineral resource at Spotted Quoll now comprises a total 2,021,600 tonnes at an average grade of 6.2% nickel for 125,460 tonnes contained nickel to only 640m vertical depth (Figure 1). This represents a 67% increase in contained nickel compared with the previous mineral resource announced on 2nd September 2008.
Since the discovery of Spotted Quoll in October 2007, high grade mineral resources have been added at the rate of around 10,000 tonnes nickel per month. Spotted Quoll is one of the most continuous high grade nickel deposits in the world and remains open at depth and along strike.
Spotted Quoll already exceeds Flying Fox in size even though the current limit of drilling is only equivalent to the bottom of the Flying Fox T1 deposit, which is now being mined. In comparison, high grade nickel has been intersected at Flying Fox down to 1350m depth which is the current limit of drilling at the T7 deposit. ......- Web Site
More Wide High-Grade Copper and Zinc Drill Intersections - Web Site
Becoming a substantial holder - Web Site
Puffin-12 Progress Report No 7 - Web Site
Amendment to Annual Report - Web Site
Options to be released from escrow - Web Site
Appointment of new CFO - Web Site
Boardroom Radio - 64% increase in DSO Resource - Web Site
Appendix 3B - Web Site
Response to ASX Price Query - Web Site
Appointment of Independent Non-Executive Directors - Web Site
Becoming a substantial holder - Web Site
Becoming a substantial holder - Web Site
Change in substantial holding - Web Site
Notice of Section 708A - Web Site
Appendix 3B - Web Site
Operations Activities Update - Web Site
Appendix 3E - Web Site
Appendix 3C - Web Site
Significant Oil Shows - PACA 2
App 3Y - Padman - Change of Interest - Web Site
Update on Gulf of Mexico Production Operations - Web Site
Quarterly Cashflow Report
Cooper Basin Project Update - Web Site
Quarterly Cashflow Report - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Amended notice forfeited share auction - Web Site
Notice of ceasing to be substantial holder from RIO - Web Site
ICON Newsletter - Web Site
Director Resignation and Final Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Suspension From Official Quotation - Web Site
Response to ASX Query - Web Site
TransAtlantic Takeover - Web Site
Financial Update - Web Site
Completion of Placement - Web Site
Change in substantial holding - Web Site
Conversion of Class C Performance Shares - Web Site
Update - Chinese Rare Earths Export Quota - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - BF - Web Site
Form 603 - Becoming a substantial holder - Web Site
Newmont Announces Fourth Quarter and Year-End Earnings Call - Web Site
Puffin drilling progress report number 7 - Web Site
West Kampar PSC Indonesia Update - Web Site
Appendix 3B Options - Web Site
Form 604 for FSN - Web Site
CSG Drilling Program Commences - Web Site
Change in substantial holding - Web Site
Appendix 3B - Release of Restricted Securities - Web Site
Trading Halt - Web Site
Change in substantial holding from AGK - Web Site
Drilling Results - Manganese Discovery - Web Site
Appendix 3B - Web Site
Ceasing to be a substantial holder - Web Site
Change of Address-Registered Office - Web Site
Change in substantial holding - Web Site
Appendix 3B - Employee Share Plans - Web Site
Expiry of Options - Web Site
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Friday 09 January 2009 (Close of Business - New York)
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| All Ords | 3680.4 | +36.8 | Dow Jones | 8599.18 | -143.28 | |||
| ASX100 | 3077.4 | +35.0 | S&P 500 | 890.35 | -19.38 | |||
| ASX200 | 3735.7 | +41.4 | Nasdaq | 1571.59 | -45.42 | |||
| ASX300 | 3721.9 | +41.3 | NYSE Volume ('000) | 4,787,696 | ||||
| Materials (Sector) | 9020.9 | +249.2 | US 10-Year Bond | 2.407% | -0.038 | |||
| All Ords Gold (Sub Industry) | 4554.9 | +307.2 | CBOE Volatility Index (VIX) | 42.82 | +0.26 | |||
| Metals & Mining (Industry) | 3175.7 | +97.8 | Gold - spot/oz | US$853.60 | -3.30 | |||
| Energy (Sector) | 12,577.1 | -54.8 | Silver - spot/oz | US$11.25 | +0.15 | |||
| New Zealand (NZSE 50) | 2757.4 | +0.8 | Platinum - spot | US$989.00 | +2.00 | |||
| Shanghai Composite | 1904.9 | +26.7 | Palladium - spot | US$192.00 | -3.00 | |||
| Hang Seng | 14,377.4 | -38.5 | Uranium - spot US$/lb | US53.00 | unch | |||
| India BSE 30 | 9406.5 | -180.4 | Reuters-CRB Index (CCI) | 372.90 | +2.46 | |||
| Jakarta Composite | 1416.7 | +14.0 | Light Crude (NYM - $US per bbl.) | US$40.83 | -0.87 | |||
| Nikkei | 8836.8 | -39.6 | Natural Gas (NYM - $US/mmbtu) | US$5.49 | -0.07 | |||
| Taiwan Weighted | 4502.7 | -33.1 | Copper (LME - spot $US/tonne) | 3282 | +59 | |||
| FTSE 100 | 4458.5 | -56.8 | Lead (LME - spot $US/tonne) | 1182 | +37 | |||
| German DAX | 4783.9 | -96.0 | Zinc (LME - spot $US/tonne) | 1229 | -13 | |||
| A$ = US70.31 | -0.50 | Nickel (LME - spot $US/tonne) | 11,620 | -50 | ||||
| A$ = 63.63yen | -0.96 | Aluminium (LME - spot $US/tonne) | 1521 | -3 | ||||
| A$ = 0.521Euro | +0.003 | Tin (LME - spot $US/tonne) | 11,630 | +190 | ||||
| A$ = 0.464GBP | -0.001 | Sydney Futures Exchange - SPI | 3635 | -65 | ||||
| Click on Links to Access Charts | ||||||||
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