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Company News
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Wednesday 23 July 2008 (Close of Business - Wall Street)
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| All Ords | 5161.6 | +85.7 | Dow Jones | 11,632.38 | +29.88 | |||||||
| ASX100 | 4136.2 | +82.1 | S&P 500 | 1282.19 | +5.19 | |||||||
| ASX200 | 5105.3 | +99.7 | Nasdaq | 2325.88 | +21.92 | |||||||
| ASX300 | 5099.8 | +98.7 | NYSE Volume ('000) | 6,776,616 | ||||||||
| Materials (Sector) | 13,981.2 | -87.3 | US 10-Year Bond | 4.148% | +0.051 | |||||||
| All Ords Gold (Sub Industry) | 5242.5 | -132.3 | Gold - spot/oz | US$919.60 | -25.30 | |||||||
| Metals & Mining (Industry) | 4880.2 | -37.8 | Silver - spot/oz | US$17.36 | -0.51 | |||||||
| Energy (Sector) | 17,234.4 | -223.8 | Platinum - spot | US$1732.00 | -65.00 | |||||||
| Shanghai Composite | 2837.8 | -8.3 | Palladium - spot | US$381.00 | -22.00 | |||||||
| Hang Seng | 23,134.6 | +607.1 | Uranium - spot US$/lb | US64.00 | unch | |||||||
| India BSE 30 | 14,942.3 | +838.1 | Reuters-CRB Index (CCI) | 571.90 | na | |||||||
| Jakarta Composite | 2225.8 | +13.1 | Light Crude (NYM - $US per bbl.) | US$124.44 | -3.98 | |||||||
| Nikkei | 13,312.9 | +128.0 | Natural Gas (NYM - $US/mmbtu) | US$9.85 | -0.29 | |||||||
| Taiwan Weighted | 7309.8 | +244.2 | Copper (LME - spot $US/tonne) | 8275 | -91 | |||||||
| FTSE 100 | 5449.9 | +85.8 | Lead (LME - spot $US/tonne) | 2128 | -10 | |||||||
| German DAX | 6536.1 | +93.3 | Zinc (LME - spot $US/tonne) | 1864 | -4 | |||||||
| A$ = US96.21 | -0.91 | Nickel (LME - spot $US/tonne) | 20,140 | -310 | ||||||||
| A$ = 103.87yen | -0.30 | Aluminium (LME - spot $US/tonne) | 2957 | -28 | ||||||||
| A$ = 0.613Euro | -0.002 | Tin (LME - spot $US/tonne) | 23,230 | -300 | ||||||||
| A$ = 0.481GBP | -0.007 | Sydney Futures Exchange - SPI | 5113 | +12 | ||||||||
| Click on Links to Access Charts | ||||||||||||
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Phone: 07-55316191 or Email : sales@reflections.com.au
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Suspension from Official Quotation - Web Site
Presentation to the Botswana Resource Sector Conference - Web Site
New Discovery at Bokrobo - Web Site
Proposed drilling program for PEL73 - Web Site
Significant Proposal Received - Web Site
Response to ASX Query - Director`s Interest Notice - Web Site
Exploration Success Continues at Higginsville - Web Site
Quarterly Cashflow Report - Web Site
Mt Scotchy Exploration Update - Web Site
Weekly Drilling Report - Web Site
Director Appointment/Resignation - Web Site
Rocklands Presentation - Web Site
Presentation-ALP Caucus Committee for Resources and Energy - Web Site
230708 Blamore 1 Report - Web Site
Multiple drill intercepts - Minter Tungsten Project NSW - Web Site
Notice Change of Interests of Substantial Holders for MXX - Web Site
Quarterly Cashflow Report - Web Site
Boardroom Radio Audio Broadcast - Web Site
GOLD AND NICKEL ANOMALIES AT KOOLYANOBBING
As foreshadowed in Emu Nickel’s March 2008 quarterly report, additional geochemical soil sampling has been carried out on the Koolyanobbing project to follow up anomalous results from initial wide-spaced sampling.
The follow-up sampling (on 200m x 50m centres) covered a cumulative 5km strike length of an interpreted ultramafic contact along one margin of the project area. The sampling defined a 1km-long nickel anomaly (peak 534 ppm Ni compared to a background of 20 ppm Ni) with coincident anomalous copper values up to 177 ppm Cu (compared to a background of 15 ppm Cu). A programme of airborne EM surveying (VTEM) of the interpreted ultramafic contact is being planned in order to follow-up these encouraging results and test the 5km contact zone for evidence of sulphide conductors. The VTEM survey is scheduled to be carried out in the September quarter. Nickel sulphide-bearing ultramafics occur approximately 20km northwest along strike from this anomaly, adding to the prospectivity of this area.
In addition the follow-up sampling has outlined a coherent gold anomaly some 1.5km in length and situated about 6km southeast along strike from the nickel-copper anomaly reported above. The gold anomaly ranges up to 300 ppb Au compared to a background of 0.5 ppb Au, and coincides with an interpreted shear zone evident from aeromagnetics. Field checking of this promising anomaly is in progress and it is anticipated that, subject to the necessary permitting, a programme of clearing and RAB drilling will commence in the September quarter. - Web Site
Reserve Upgrade at Gazanor - Web Site
Commencment of Flow Testing - Block 430
Exploration Update - Welbourn Hill - Web Site
ETE MP252 Reserves Estimate - Web Site
Change of Director`s Interest Notice - Web Site
PDM: Paradigm Exco JV to Evaluate Oil Shales near Cloncurry - Web Site
Uranium Conference Presentation - Web Site
FAR Production and Revenues Set To Leap - Web Site
ASX - Alert on Unsolicited Offers for Shares - Web Site
Boardroom Radio Broadcast - Web Site
Change in substantial holding - Web Site
GSC Drilling Commenced at Brown Mountain - Web Site
Change in substantial holding - Web Site
Eastern Star Gas Enters Pipeline Agreement - Web Site
Quarterly Activities Report - Web Site
Change in Interests of Substantial Holder from HGO - Web Site
Quarterly Report - June 2008 - Web Site
Daily share buy-back notice - Appendix 3E - Web Site
New General Counsel and Company Secretary - Web Site
Upgrade to Largest 2P Gas Reserves in NSW - Web Site
Quarterly Report June 2008 - Web Site
Iron Ore at Spinifex Ridge - Web Site
Appendix 3B - Web Site
Notice of Initial Substantial Holder from FMS - Web Site
June Quarterly Results - Presentation - Web Site
Dividend Details - Web Site
Open Briefing corporate and project update - Web Site
ORG: Momoho 1 Exploration Well Update - Web Site
OceanaGold Corporate Update - Web Site
Additional High Grade Mineralisation Intersected at Andrew - Web Site
Quarterly Cashflow Report - Web Site
First Shipment of Phu Kham Copper-Gold Concentrate - Web Site
Change in substantial holding for RPM - Web Site
Internal Capital Management Transactions - Web Site
Change in substantial holding - Web Site
Becoming a substantial holder - Web Site
First substantial gold intersections in Cambodia - Web Site
Letter to Shareholders - Web Site
SNU move into WA Three Springs Agreements Finalised - Web Site
Prefeasibility Results Confirm World Class Prospects in Peru - Web Site
Fourth Quarter Activities and Cashflow Reports - Web Site
Brew 1 Drilling Report
Brew 1 is currently directionally drilling in the Patchawarra Formation at 1924m - Web Site
Updated Drilling at Webbs Silver - Web Site
Quarterly Activities Report - Web Site
Appendix 3B - Web Site
Rights Issue Prospectus - Web Site
Final Director`s Interest Notice - Web Site
Increased presence with US investors through OTCQX - Web Site
Stocks advanced for the second straight session Wednesday as another fall in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy.
Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand. A weekly report by the Energy Department's Energy Information Administration offered further evidence that cash-strapped Americans are cutting back on fuel. Demand for gasoline over the four weeks ended July 18 was 2.4 percent lower than a year earlier, averaging more than 9.3 million barrels a day.
The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.
Advancing issues outnumbered decliners by about 5 to 3 on the New York Stock Exchange, where consolidated volume came to 6.56 billion shares, compared with 6.04 billion shares traded Tuesday.
Copper slid to the lowest price in a month, and gold fell the most in six weeks, as a stronger US dollar and lower energy costs reduced demand for commodities as a hedge against inflation.
Early Thursday morning New Zealand's central bank cut interest rates - the official cash rate (OCR) was lowered by 25 basis points to 8% in the first rate cut in five years - and said it would likely ease rates further if the inflation outlook improved.
July 08 Investor Presentation - Final Update - Web Site
ASX Listing Rule 3.2 Notice - Web Site
Fourth Supplementary Bidder`s Statement - Web Site
ORG: Origin secures long term Queensland electricity hedge - Web Site
Financial Close on Braemar 2 Power Station - Web Site
Appendix 3B - Web Site
Presentation to Capital Resources Conf Botswana - Web Site
Fourth Quarter Activities Report - Web Site
Rights Issue Offer Document Dispatched - Web Site
VPE: Orallo South-1 Coal Seam Gas Weekly Drilling Update - Web Site
Ceasing to be a substantial holder - Web Site
Presentation Botswana Resources Conference July 2008 - Web Site
Change of Company Name - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Expansion Planning Update - Web Site
Appendix 3B - Web Site
Trading Halt - Web Site
Appendix 3B - Web Site
Becoming a substantial holder - Web Site
OEL: Galoc Development Update - Web Site
Final Director`s Interest Notice - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
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
Results of Meeting - Web Site
Quarterly Cashflow Report
Straits Objects to EPA Decision on Yannarie Solar - Web Site
Notice of Meeting Correction - Web Site
Presentation to Australian Uranium Conference in Fremantle - Web Site
July 23, 2008 Appendix 3B - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B - Web Site
Quarterly Cashflow Report - Web Site
Unsolicited Offers for Woodside Shares - Web Site
Quarterly Activities Report - Web Site
Kerkouane Permit Tunisia - Web Site
July 2008 - Institutional Presentation Update - Web Site
MUNALI NICKEL PROJECT UPDATE ON PROGRESS - Web Site
Further High Grade Intercepts at Promontorio - Web Site
June 08 Quarterly Activities and Cashflow Report
Key Points
Notice of General Meeting/Proxy Form - Web Site
Ball Mills Update - Masbate Gold Project - Web Site
220708 Blamore 1 Report - Web Site
Quarterly Activities Report - Web Site
Quarterly Activities and Cashflow Reports - Web Site
Star Finch-1, EP 460, Carnarvon Basin, Western Australia - Web Site
GREENBUSH PROJECT UPDATE - Web Site
Presentation Australian Uranium Conference - Web Site
Fourth Quarter Cashflow Report - Web Site
Half Year Accounts - Web Site
PMM: Portman Response to GWR Notice of General Meeting - Web Site
Appendix 3B - Web Site
Ironbark begins trading on OTCQX exchange in USA - Web Site
SXG: Gold Resource Upgraded to 394,000 Ounces - Web Site
Drilling extends Evelyn discovery - Web Site
Batchelor project phosphate sampling - Web Site
Liberty Acquires Manganese Project - Web Site
Initial Director`s Interest Notice x 4 - Web Site
Director Resignation - Web Site
Mining Commences at Copernicus - Web Site
Appendix 3B - Exercise of Options - Web Site
Change in substantial holding - Web Site
Outstanding Test Results Duncan 3 - Gulf Coast - Web Site
WOOLLYBUTT REACHES PRODUCTION TARGET
Tap Oil Limited (“Tap”) advises that production from the Woollybutt field, which now includes the Woollybutt South lobe, has reached 12,000 bopd.
Location
The Woollybutt field located in permit WA-25-L includes the previously drilled Woollybutt and Scalybutt wells and the recently commissioned Woollybutt 4H Development well.
Progress
Production from the Woollybutt field recommenced on 13th June 2008. Since that date production from the Woollybutt South lobe has been brought on stream via the Woollybutt 4H well. The production levels for the greater Woollybutt field is currently 12,000 bopd. Production from the field will continue to be optimised and is now expected to proceed in accordance with normal facility uptime and operating conditions.
Tap Comment
Achieving a production level of 12,000 bopd demonstrates a successful conclusion to the Woollybutt South Development project. This development has resulted in the increase of the ultimate reserves of Woollybutt to approximately 40 MMbbls of which 29 MMbbls have been produced to date. - Web Site
SIMPSON-9 WELL SPUDS
Tap Oil Limited (“Tap”) provides the following information for the Simpson 9 development well.
Location
The Simpson-9 objective is located in permit TL/6, part of the Harriet Joint Venture, at a surface location of latitude 20°40'24.14"S and longitude 115°35'05.61 "E within the Barrow sub-basin. The Simpson-9 prospect is approximately 2.5 km south of Varanus Island.
Progress
Simpson-9 is being drilled from the Simpson Bravo Platform using the Ensco 106 jack-up rig. The operation reuses the slot from the previously watered out Simpson-6 well. Operations on Simpson-9 commenced upon completion of the abandonment of Simpson-6 and is currently at a depth of 1,844 metres measured depth, drilling to a target depth of approximately 2,360 metres measured depth.
Tap Comment
The objective of the Simpson-9 oil well is a test a low relief, four way dip attic closure mapped at top Flag Sandstone level within the Simpson field. In the event of a discovery, Simpson-9 will be completed and tied into the Harriet Joint Venture production network.
Completion of Simpson-9 is expected to take approximately 13 days and will be followed by the drilling of Simpson-10, also from the Simpson Bravo platform. - Web Site
Quarterly Activities Report - Web Site
Finley Basin Tungsten Project - Option Exercised - Web Site
OIL SHALE AND LIGNITE - MULLAQUANA PROJECT SOUTH OF WHYALLA
UraniumSA Limited has made the decision to assess more thoroughly the prospectivity of oil shale and lignite deposits on its Mullaquana tenement after 9 of 30 of its recently drilled uranium exploration holes intersected significant lignite and oil shale.
Work by BHP Exploration Pty Ltd (BHP) in 1983 identified a body of lignite and oil shale at Mullaquana, and the recent UraniumSA drilling intersected lignite and lignitic sediments both in the area of this previous BHP work and in new areas within the tenement....... - Web Site
Quarterly Statement of Production, Development, Exploration - Web Site
A-cap - Botswana Resource Conference Presentation - Web Site
Update on Hawkswood Loan Payment - Web Site
The Chirundu Uranium Project Zambia July Investor Update - Web Site
Change of Adviser - Web Site
Four Mile Uranium JV Update- Drilling continues at Four Mile East and recommences at Four Mile West
Appendix 3B - Web Site
AIM Commences Legal Proceedings - Web Site
Austpac Resources NL Shareholder Update
3,000 TPA ERMS SYNRUTILE DEMONSTRATION PLANT
Change in substantial holding - Web Site
AWEs Netherby-1 drilling update - Web Site
BHP BILLITON QUARTERLY REPORT ON EXPLORATION AND DEVELOPMENT ACTIVITIES QUARTER ENDED 30 JUNE 2008 - Web Site
BHP BILLITON PRODUCTION REPORT FOR THE YEAR ENDED 30 JUNE 2008
Annual production was significantly up in 13 commodities, with records achieved in seven commodities. These records were delivered in 14 assets across six of our nine Customer Sector Groups (CSG). This was achieved in an environment in which supply disruptions and input cost pressures are placing challenges on the industry response to continued strong global demand for commodities.
We achieved record shipments in iron ore and manganese, at a time when pricing reached unprecedented levels and demand outlook remains very strong. Western Australia Iron Ore achieved an eighth consecutive annual production record, maintaining an exceptional track record of project delivery. Metallurgical coal production recovered strongly from the extreme weather interruptions during the March 2008 quarter.
Newly commissioned petroleum projects in fiscally stable regimes contributed to a record performance. Ramp up of production from these projects and future growth options will continue to increase the weighting of high margin liquids in our portfolio mix at a time of historically high oil prices.
We continue to develop and deliver world class projects that add significant shareholder value. First product was delivered from 10 major projects across five commodities during the year. A further seven major projects were sanctioned during the period. Over the past quarter we announced a significant increase in our iron ore and manganese resources and reserves. This, along with the Pampa Escondida prospect (Chile), are excellent examples of our deep inventory of expansion options. These options are underpinned by an extensive exploration and development program...... - Web Site
Presentation at Australian Uranium Conference 23 July 2008 - Web Site
Appendix 3B - New Issue Announcement - Bonus Issue Amdt 2 - Web Site
Drilling Update - Web Site
Joint Company Secretary Resignation - Web Site
Gold Intersections at South Wattle Gully - Web Site
June 2008 Quarterly Report - Web Site
Drilling Update
GOLDEN #33-20, DRILLING AHEAD AT 1,485 FEET IN SIDETRACKED HOLE- Web Site
Notice of Change of Interests of Substantial Holder for MXX - Web Site
Pre-Feasibility Study delivers robust economics - Web Site
Audio Broadcast on Exploration Update - Web Site
QUARTERLY REPORT - FOR THE PERIOD ENDING 30 JUNE 2008
HIGHLIGHTS
NAMIBIA
AUSTRALIA
CORPORATE
Presentation at Australian Uranium Conference - Web Site
New Eden subsidiary to drive Global Hydrogen Revolution - Web Site
Star Finch-1, EP 460, Carnarvon Basin, Western Australia - Web Site
Appointment of Exploration Manager - Web Site
Heads of Agreement with Pipeline Company APA Group - Web Site
Monthly Drilling Report - July 2008 - Web Site
Drilling Report Brearley 1H-11 - Web Site
Appendix 5B - Quarterly Cashflow Report - Web Site
Appendix 3B - Web Site
Appointment of MD and NED - Web Site
Change in substantial holding - Web Site
Change in substantial holding - Web Site
InterMet Offer Letter to Shareholders - Web Site
Ramu Financing - Web Site
Appendix 3E - Web Site
Australian Earth Sciences Convention Presentation - Web Site
Ceasing to be a substantial holder - Web Site
June 2008 Quarterly Activities Report - Web Site
Zheng Guang - Update on Capital and Operating Costs - Web Site
Works Approval Received for Mount Weld Concentration Plant - Web Site
Investor Presentation - Web Site
Quarterly Report for the period ended 30 June 2008
Highlights of the quarter are noted below:
Managing Director`s Presentation - Web Site
Change in substantial holding - Web Site
Appendix 3X New Director Mr Ian Andrew McCUBBIN - Web Site
Appendix 3X New Director Mr Ian Andrew McCUBBIN - Web Site
Appendix 3X New Director Mr Si Jun (Tony) CHENG - Web Site
Mintails Meets With South African Investors - Web Site
Appendix 3B - Web Site
Presentation July 2008 - Web Site
Weekly Drilling Update - Web Site
Award of Mine Fleet Supply Contracts and Fleet Finance - Web Site
OPERATIONS REPORT - INDIA
Oilex advises that drilling and testing operations are in progress at 2 locations in the Cambay Field, Cambay Basin, Gujarat, India. Preparations are being made to conduct drillstem tests (DST’s) at Cambay-19Z and rigging up operations in preparation for spud of the well are in train at Cambay-73 (renamed from Cambay- 34Z) location. The following table gives a summary of current and planned operations. ...... - Web Site
THX: Mining Underway at Copernicus - Web Site
Becoming a substantial holder for MSR - Web Site
Second Quarter Report for period ended 30 June 2008
DEVELOPMENT
EXPLORATION
RESERVES REPORT - 30.6.08
Production and Cashflow
Production in the June quarter was 3.4 Bcfe, down 22% from the previous period mainly due to the shut-in of the Main Pass 270 gas field for most of the quarter as a result of a third party pipeline blockage and lower than expected production from the Mobile Bay fields caused by increased water production from a number of the wells.Vermilion 258 production was lower than the previous quarter as all 3 producing wells await recompletion to the next gas sands.
The Main Pass 270 field was shut in on 19 April 2008 due to a “pig” stuck in a production pipeline owned and operated by a third party. Daily production from the Main Pass 270 field net to Petsec was approximately 4,700 MCF and 120 barrels of oil prior to the blockage.
The Main Pass 270 field resumed production on 24 June 2008. Two wells were flowing at reduced rates and while bringing the third well into production, a third party operator discovered a leak downstream to Main Pass 270 in its pipeline at the Main Pass 133 platform. Production from Main Pass 270 flows by pipeline to Main Pass 133 where the oil and gas are separated and commingled with production from other fields and delivered into respective sales lines. Production is expected to recommence in August.
The average gas sales price received of US$8.77/Mcfe, (including hedging), was the same as the March quarter. During the June quarter, approximately 77% of production was delivered into hedge contracts at fixed prices.
Revenues were US$30.0 million, down 22% on the March quarter, in line with the lower production.
EBITDAX margin decreased to US$6.45 per Mcfe, down 12% after lease operating expenses of US$1.02/Mcfe and GG&A of US$1.07/Mcfe.
Capital expenditure for the quarter was US$12.5 million, including US$8.6 million on exploration and US$2.9 million on development activities.
Unsuccessful drilling costs of US$2.0 million were expensed during the quarter, being US$1.7 million for the CL&F#30-1 Well (Triple Play Prospect, Terrebonne Parish) and US$0.3m in additional dry hole costs for the Beibu Gulf JV first quarter drilling programme.....- Web Site
Former ENI onshore gasfield added to expanding portfolio - Web Site
Notice of Extraordinary General Meeting/Proxy Form - Web Site
New Iron Ore Claim Hamersley Basin - Web Site
AGATE CREEK GOLD RESOURCE INCREASED TO 461,000 OUNCES
AGATE CREEK GOLD PROJECT
UEQ: Exploration commences at Three Springs, WA - Web Site
SNU move into WA Three Springs Agreements Finalised-Amended - Web Site
Brew 1 Drilling Report - Web Site
Market Update - Web Site
Quarterly Activities Report - Web Site
Appendix 3B - Web Site
Quarterly Cashflow Report - June 2008 - Web Site
Notice of Expiry of WMEO options - Web Site
Western Metals drills High Grade Uranium in Tanzania - Web Site
Quarterly Activities Report - Web Site
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Tuesday 22 July 2008 (Close of Business - New York)
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| All Ords | 5075.9 | +0.5 | Dow Jones | 11,602.50 | +135.16 | |||
| ASX100 | 4054.1 | -9.3 | S&P 500 | 1277.00 | +17.00 | |||
| ASX200 | 5005.6 | -6.2 | Nasdaq | 2303.96 | +24.43 | |||
| ASX300 | 5001.1 | -4.4 | NYSE Volume ('000) | 5,923,474 | ||||
| Materials (Sector) | 14,068.5 | +212.1 | US 10-Year Bond | 4.097% | +0.030 | |||
| All Ords Gold (Sub Industry) | 5374.8 | +172.5 | Gold - spot/oz | US$944.90 | -20.90 | |||
| Metals & Mining (Industry) | 4918.0 | +89.4 | Silver - spot/oz | US$17.91 | -0.50 | |||
| Energy (Sector) | 17,458.2 | +194.0 | Platinum - spot | US$1797.00 | -35.00 | |||
| Shanghai Composite | 2846.1 | -15.3 | Palladium - spot | US$403.00 | -10.00 | |||
| Hang Seng | 22,527.5 | -5.4 | Uranium - spot US$/lb | US64.00 | unch | |||
| India BSE 30 | 14,104.2 | +254.2 | Reuters-CRB Index (CCI) | 571.90 | na | |||
| Jakarta Composite | 2212.8 | +17.7 | Light Crude (NYM - $US per bbl.) | US$127.95 | -3.09 | |||
| Nikkei | 13,185.0 | +381.3 | Natural Gas (NYM - $US/mmbtu) | US$10.14 | -0.44 | |||
| Taiwan Weighted | 7065.7 | -20.0 | Copper (LME - spot $US/tonne) | 8366 | +1 | |||
| FTSE 100 | 5364.1 | -40.2 | Lead (LME - spot $US/tonne) | 2138 | +93 | |||
| German DAX | 6442.8 | +18.0 | Zinc (LME - spot $US/tonne) | 1868 | +44 | |||
| A$ = US97.12 | -0.62 | Nickel (LME - spot $US/tonne) | 20,450 | +75 | ||||
| A$ = 104.17yen | +0.11 | Aluminium (LME - spot $US/tonne) | 2985 | +5 | ||||
| A$ = 0.615Euro | +0.001 | Tin (LME - spot $US/tonne) | 23,530 | -70 | ||||
| A$ = 0.488GBP | unch | Sydney Futures Exchange - SPI | 5050 | +34 | ||||
| Click on Links to Access Charts | ||||||||
Wall Street shook off early doldrums and closed sharply higher Tuesday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. The Dow Jones industrial average rose more than 135 points.
Stocks initially fell on uneasiness about the continuing impact of the housing market downturn and the credit crisis on financial company earnings. Disappointing results from American Express Co. and Wachovia Corp. fed those worries.
Advancing issues outpaced decliners by more than 2 to 1 on the New York Stock Exchange, where about 6.04 billion shares changed hands in consolidated trading compared with about 4.5 billion shares on Monday.
The price of oil began the session mildly lower on expectations that Tropical Storm Dolly wouldn't disrupt oil operations in the Gulf of Mexico. The advance increased after comments from a Federal Reserve official sent the US dollar higher against major currencies, a trend that in turn sends commodities lower.
Gold fell to the lowest in more than a week as a drop in energy costs and a rebound in the U.S. dollar reduced demand for the precious metal as a hedge against inflation. Silver also declined.
Quarterly Activities Report - Web Site
Appendix 3B - Web Site
Results of Annual General Meeting - Web Site
Letter to Shareholders - Web Site
Ashburton Acquires 100% of Transdrill - Web Site
DRILLING DISCOVERS A NEW ZONE AND EXTENDS HENRY5 & HENRY5 NORTH AT WILUNA
SUBSTANTIAL INDICATED RESOURCE INCREASE EXPECTED
Following its recent commitment to develop the Wiluna and Wilsons gold projects, Apex Minerals NL (ASX: AXM) is pleased to announce further encouraging results from underground drilling at Wiluna which has discovered a new zone known as Baldric. The results from recent drilling are also expected to lead to a substantial increase in the Indicated Resource in the Henry5-Henry5 North area.
A resource statement was announced on 27th May and an initial Probable Reserve based on the Indicated portion of this resource was announced on 23rd June 2008. Both of these statements were based on drilling undertaken to the end of April 2008. A revised resource estimate will be completed during the September quarter.
Baldric & Henry5 Footwall (50 lens)
Drilling beneath the Henry5 footwall zone has intersected significant mineralisation, comprising:
This intersection, together with a previous intersection of 18.7m @ 11.4g/t gold (est. 9.4m true width) in hole CADH784A, defines a new zone of mineralisation known as Baldric (Table 1 & Figure 1).
Infill drilling in the Henry5 Footwall zone has also intersected wider zones of mineralisation than previously encountered (Table 1 & Figure 1). Better intersections include:
Amended Appendix 3X - Web Site
Appendix 3Y - Change of Directors Interest Notice - Web Site
Change of Director`s Interest Notice - Web Site
Beach Petroleum Limited - BPT - Prospectus - Web Site
Presentation of Production Update to AGM - Web Site
Change in substantial holding - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
220708 Quarterly Reports Q4 2007-08 - Web Site
Appendix 3B - Options - Web Site
Change of Director`s Interest Notice - Web Site
Release of Restricted Securities - Web Site
Ceasing to be a substantial holder - Web Site
APPOINTMENT OF NEW VENTURES MANAGER
Carnarvon is pleased to announce the appointment of Dr Robert Bird as New Ventures Manager. Robert is a geophysicist/geologist with 23 years international oil and gas experience, particularly in the South East Asian region. For the past two years he has been working on international projects out of Jakarta Indonesia for Murphy Oil. - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Quarterly Activities and Cash Flow Reports - Web Site
Appendix 3B
Change of Director`s Interest Notice - Web Site
NWH: New Contract - Web Site
Change of Director`s Interest Notice - Web Site
Ceasing to be a substantial holder - Web Site
Appendix 3B - Web Site
Appendix 3B - Web Site
Quarterly Cashflow Report - Web Site
Trading Halt - Web Site
Quarterly Activities Report - Web Site
Change of Director`s Interest Notice - Web Site
Appendix 3Ys x 3 - Web Site
Target Energy Limited - Appendix 3Y - - Web Site
Appendix 3B - Web Site
Change of Director`s Interest Notice - Web Site
Media Release - Larry Knight Inquest
Since the Anzac Day rock fall Beaconsfield Mine had become the most investigated mine in Australia and possibly the world, Beaconsfield Gold Chief Executive Officer Bill Colvin said today.
He said there has been an unprecedented level of investigation by authorities and by the mine itself following the tragic accident.
"What we know now was simply not foreseeable at the time of the rock fall," Mr Colvin said.
In addition to investigations into the cause of the rock fall, over the past two years the mine has developed four Cases for Safety which have examined every aspect of the mine's operation and which have now been accepted by Workplace Standards Tasmania.
After extensive consultation with employees and the AWU the mine is now using a new remote mining method that avoids the need for personnel to enter the ore body during the production phase.
The ramp-up to full mining rates was completed during June 2008. Employment levels are now back to slightly above pre Anzac Day levels, as exploration and mine development starts to be accelerated.
Mr Colvin said the mine had decided against the examination of every witness during the Inquest because the cause of the rock fall had already been subjected to 27 months of intense inquiry by a highly experienced and respected senior counsel, Mr Greg Melick, SC.
"This position should assist the process and help in achieving closure for Larry Knight's family and for past and present employees of Beaconsfield Gold Mine," Mr Colvin said.
Mr Colvin said the rock fall was a terrible tragedy and, on behalf of everyone involved with Beaconsfield mine, he wanted to publicly express condolences to Larry Knight's family and friends for their loss.
"We cannot imagine anything else that the mine could possibly add to the understanding of this matter that hasn't already been provided and exhaustively investigated by Mr Melick," Mr Colvin said.
"However, we absolutely respect the role of the Coroner to now carry out what he judges to be the appropriate enquiries," Mr Colvin said.
"There are two general issues which have generated some media attention. These are the implication that financial pressure compromised safety, and that there was a lack of proper hazard identification and risk analysis.
"These are scandalous allegations based on flimsy and, in some cases, factually incorrect evidence, which are addressed in our submission today, and by the weight of evidence already presented to the Special Investigation.
"Mr Melick concluded in his report that there was no evidence for saying that financial considerations compromised safety.
Information provided or available to the Coroner included:
Mr Colvin said that nevertheless all key mine witnesses would appear at the Inquest and co-operate with the Coronial Inquiry, and would have access to legal counsel.
Counsel representing the mine also urged the Coroner to call Special Investigator Greg Melick QC to provide evidence on his findings, in view of his unrivalled command of all of the material gathered by the Special Investigation.- Web Site
Share Placement
The Company is pleased to announce that it has reached agreements to place 20,000,000 shares with professional investors, at an issue price of $0.022 per share, to raise $440,000.
Funds from this placement will be applied to resource estimation, resource and exploration drilling, assaying drill hole samples, surveying drill holes, metallurgical testwork, soil geochemical sampling, geophysical interpretation and working capital on the Company's base metals and diamond projects in Botswana and Namibia.
The aims of the current drilling programme at the Company's base metals project in Botswana are to extend the Kihabe Zinc/Lead Resource and develop a resource at the Nxuu Prospect, seven kilometers east of Kihabe. - Web Site
Further Upgrade for Argonaut Nickel Discovery in Laos - Web Site
Cancellation of unvested options - Web Site
Change of Director`s Interest Notice - Web Site
ARQ: ARC AWE Merger - Indicative advice from ATO - Web Site
Quarterly Activities and Cashflow Reports - June 2008 - Web Site
Change of Director`s Interest Notice - Web Site
220708 Company Secretary Appointment - Web Site
Quarterly Report to 30 June 2008 and Appendix 5b - Web Site
DYL June 2008 Quarterrly Report - Web Site
Becoming a substantial holder - Web Site
Release of Restricted Securities - Web Site
Change of Director`s Interest Notice - Web Site
Quarterly Cashflow Report - Web Site
Audio Broadcast - Mining Leases Approved - Web Site
Grant of New Mining Leases Approved by Minister
Kingsgate has been advised that final ministerial approval has been received for the grant of the mining lease applications of Kingsgate’s Thai subsidiary, Akara Mining Ltd, at Chatree North, next to the operating gold mine in central Thailand.
The Thai Deputy Prime Minister and Minister for Industry, Khun Suwit Khunkitti, approved the grant of the Mining Leases at Chatree North.
Mining on the new leases will commence during the next few weeks as mining lease formalities are completed by the Company and the local authorities. During that time, a larger, new fleet of mining equipment will be mobilised from storage in Bangkok and preparation work for opening up the new mining areas will get underway.
Mining will start by extending the current A pit at Chatree North and opening up new pits nearby. These new open pits are adjacent to the existing production facility.
Access to the new mining leases will significantly increase the average grade of the ore mined, increase operational cashflow and extend the mine life for many years.
The exploration programme will now recommence with a focus on resource development drilling on known extensions to current orebodies within these new leases. - Web Site
Option Entitlement Issue Complete - Web Site
Prospector Drilling Update
Prospector Drilling Program and VTEM Survey
Longtom 4 development well Progress report no 5 - Web Site
Quarterly report to 30 June 2008. 22 July 2008
HIGHLIGHTS
QGC brings forward payment date for Roma shareholders - Web Site
Change in substantial holding - Web Site
Quarterly Cashflow Report - Web Site
Hudson-1 Oil Exploration Well Completes Drilling, Barta Block Santos/Avery Resources Farmin, Cooper Basin, SW Queensland
Summary:
Victoria Petroleum N.L. has been advised by the Operator, Santos Limited, the operator of the ATP 752P Farmin Joint Venture that the Hudson-1 oil exploration well reached a total depth of 2,430 metres on 15 July 2008.
Wire line logs run over the weekend indicated the minor oil shows encountered in the Namur, Westbourne, Birkhead, Hutton, basal Jurassic and the Doonmulla sandstones are interpreted to be residual oil and/or indications of the migration of oil through the area and the well is being plugged and abandoned as a dry hole. - Web Site
West Wits completes sign-off of conceptual target statement - Highlights
As part of the West Wits Mining Limited (ASX:WWI) exploration program which began in January 2008, the Company formed a team to undertake a review of the substantial amount of historical information which exists concerning the Company’s current lease portfolio. This review has enabled the Company to identify 14 new exploration targets, initiate the generation of a 3D model of historical mines which exist within the leases and develop the exploration program to incorporate conceptual target sizes and types. Production from these historical leases reached 61 million ounces of gold and 37 million pounds of uranium..... - Web Site
Initial Director`s Interest Notice - Web Site
Trading Halt - Web Site
Conrad Drilling Report - New Results Extend Silver Lodes
HIGHLIGHTS
Institutional Presentation - Web Site
Pardoo Project Development Update - Web Site
Company Secretary Movements and Registered Office Address - Web Site
Change in substantial holding - Web Site
Drilling Update, Booubyjan, Lake Monduran
Booubyjan
......The hole intersected a major fracture system related to the Mt Perry Fault system which caused extremely difficult drilling conditions. Assays have been received from the pre-collared section of the hole (0-100m) which returned two broad zones of mod