Northern finds rare indium in metal ore report
Great Northern Mines and Resources reports rare indium in ore tests from a Western Australia project. Initial assays show nickel and zinc coelements with notable indium content, supporting potential cash flow from the Herberton mill link and Pacific Copper Exploration involvement. the company outlines prospects and upcoming extraordinary meeting to approve share actions.
MENTIONED IN THIS ARTICLE
Great Northen
Nina Snuum
Neellerrbor
Hs le
Nullarbor
Guverianl
Enersl Investments
Gomemmians
Aniniaal
MIPR
Turvey
Melbourne
Esterday
Darlot
Induny
Siversvine
Ernreen
Great
Senator warns of checks on changes in stock exchanges
The Senate Select Committee on Securities and Exchange chaired by Sir Magnux Cormack warns government intervention may be sought to ensure stock exchanges serve the public interest. The NSW Registrar suggests state regulators should have power to order rapid, informal checks on share dealings to uncover unusual activity and report results.
MENTIONED IN THIS ARTICLE
Senate Select Committee On Securities and Exchange
Magnux Cormack
Magous Mas
Mantintee
Keamiaien
Sydney
New South Wales
Move to free banned meat in Wyndham export crisis
The Narwent Development Corporation and Pedral Government agreed to release about 1000 tons of meat deemed a health hazard by the United States. Norwest Development Ltd says the US ban cost producers nothing, as the meat was premarketed in a frozen plant at Wyndham. The US halted imports three weeks before the end of the season, buying 700 tons earlier, while 300 more remain unsold.
MENTIONED IN THIS ARTICLE
Narwent Development Corporation
Andial
United States
D. E. Smith
Project Development Corporation) Ltd
Norwest Development Great Company
Ieth
Norwest Development
Wyndham
Sennon
Smith
Wyndham Works
Effects of Interest Rates on Australian Funds 1969 70
The December summary from the National Bank of Australasia highlights a surge in total capital raising by companies to 919 million in 1969-70, up 187 percent from the prior year and over 95 percent above 1967-68. It notes monetary tightening, internal funds rising, and a shift by business toward internal funding amid higher rates and tighter liquidity affecting bank lending and private investment.
MENTIONED IN THIS ARTICLE
Tainings
Rapi
The
National Bank of Australasia
Aligwancen
Tashen
Oil policy comes under attack by industry leaders
Mr G H Rost of Associated Continental Petroleum warned at the annual meeting that government restrictions and low domestic crude prices hinder exploration. Director Mr Avery said tax incentives and subsidy limits have narrowed viable projects, delaying Australia’s push for indigenous crude reserves and self sufficiency amid rising world demand and Middle East tensions.
MENTIONED IN THIS ARTICLE
Australia
Asociated
Coniinental Petroleum
G. H. Rost
Fi No Avery
Avery
Autralia
Australis
Silly circles condemned as harmful oil policy device
John G Fuller chairman of Planet Oi Company NL blasted the Petroleum Security Act saying the so called silly circles around oil discoveries deter exploration. He criticized ministerial drawing of circles and urged reinstatement of 50 percent oil subsidy while urging a genuine national reserve policy.
MENTIONED IN THIS ARTICLE
Planet Oi Company NL
John G. Fuller
Petroleum Security Act
Department of ‘National Development
Ordinance to shield uranium deposits amid foreign holdings
Australian Capital Territory enacts law to cap overseas ownership of uranium stakes. The ordinance limits shares held by any one person or foreign company to 15 percent of a company’s capital, with penalties for exceeding limits. It follows discovery near Nataelek 170 miles east of Darwin by Queensland Mines and Kathleen Investments.
MENTIONED IN THIS ARTICLE
Australian Capital Territory
Gorton
House of Representatives
Nataelek
Darwin
Territory
Queenstand Mines
Eas Interes
Iqueenshimd Mines x St
Kathleen Fivedmens
Oh ‘Soman Lerae Incorporated
Anim
Naharlek
Agreement on Greenvale nickel project signed near Lawnville
The agreement between the Gussisland Government and Rletats Expression Ni outlines development of the Greenvale nickel project near Lawnville in Queensland. The document was signed by all parties yesterday.
MENTIONED IN THIS ARTICLE
Gussisland
Greenvale
Lawnville
Nasty
Queensland
All Parden
Canberra CP Trust Announces Dividend and Outlook
The Canberra CP Trust plans a 5 percent dividend on February 14 and indicates future distributions expected at an annual rate of not less than 11 percent. The notes mention asset entitlements and a closing date approaching.
MENTIONED IN THIS ARTICLE
Caner
Sprineswene
Ook
Santos Burmah deal strengthens ties and raises stake
Santos Ltd and Burmah Oil Group deepen cooperation in a deal worth about nine million dollars, allocating three point four million to Santos and one point five million to Burmah. Santos gains options to double its stake in Bowal and to expand investment within two years, while Burmah’s exploration subsidiary gains shared access to promising West Australia northwestern search areas.
MENTIONED IN THIS ARTICLE
Santos Ltd
Burmah Oil Group
Santos
Santos Fepaitell
Hurmah Oil Australiant
Uie
Gitty
Burah
Ibowal
Australia
Bova
Takeover bid valued at 1 2m for Minerals NL shares
Scamander Mining Corporation NE announces a takeover offer of 1.2 million for all Minerals NL shares not already held. Sub Oceanic shareholders may exercise options to receive 1 new Scamander share for 5 Sub Oceanic shares at a 4c price, with the offer funded by reserves and pending regulatory approval.
MENTIONED IN THIS ARTICLE
Scamander Mining Corporation NE
Minerals NL
al Yewentay
Seamander
Pri Wales
Ogwanie
Searmander
Shale Helaig
Mace le Toon Hureseni
Santo
Scamander
Sub.Oceanic
Manly
Australia
Santos
Nsw
Woodside
Asshelief Warker
Takeover Mailers Question Bayley Shareholders
Eustralian Securities Ltd urged Bayley Ltd shareholders to consider the Bayley board past terms when evaluating a rationalisation plan and its ability to implement it. Eustralian offered 140 cash for 50 percent of each shareholder’s ordinary shares. Directors cited past dividends and recent price declines, noting the share price hovered around 100 dollars and fell to about 95 cents after the annual meeting last month.
MENTIONED IN THIS ARTICLE
Eustralian Securities Ltd
Michaelis “Bayley Ltd
Bayley Board
Eustralian
Michaetin
Easita
Ign
Unusual new machine measures in three dimensions
An unusual new machine automa tically measures in three dimensions. Controlled by a computer it will be used by industry for layout of three dimensional work pieces measuring centre marking and light drilling in space. Beta 3D is on display at the Melbourne factory of Aldus Stockdale the engineering division of Aldus Ltd printing machinery machine tools and engineering group. The equipment is manufactured in Italy by Digital Electronic Automation.
MENTIONED IN THIS ARTICLE
Melbourne
Aldus Stockdale
Aldus Ltd
Printing, Machinery, Machine Tools and Engineering Group
Italy
Digital Electronic Automation
Millaquin Sugar Increases Interim Dividend Rate
Millaquin Sugar Company Limited raises its interim dividend from 13.6 percent. The announcement signals increased capital and a stronger payout to shareholders.
MENTIONED IN THIS ARTICLE
Millaquin
Milla Suga Co Ltd
Ponsford Improves Sales Amidst Market Strategy
Ponsford, Newman and Benson Ltd reports stable sales in the year to September with performance near the prior year. Directors note improved trading in the first half, while budgets remain tightly controlled. The firm continues to pursue alliances and expansion plans to reestablish a strong market position and tractor segment growth by year end.
MENTIONED IN THIS ARTICLE
Porsfond, Newman and Benson Ltd
Immouoetem and
Istributors
AIA
Ponistond
Praupinos
Also Mentioned on This Page
Usiness & Economics
Pacific
Eam Uctnen
Pacific Copper
Eaplonan Ltd
Muceeding
Austin
Dana
Robe River
Alvarey Inco
Dineuis
Diri
Titanic
Western Australia
Jaiesh Windirmura
Riley
Magnet
R Macleod
Uy Investments
Sunhill
N. Schindler
Sunil
Cyngha
Yyung
Sir Schindley
VAM
Clarence
Edward Warren Ha Beet
Nat Servis Ungwey
walEd
Austalian Casa Andi
Clarence "RivenVat
Managine Directo
Caal
Dione
Austratia
Janarys
Clarence OL and Minerals Ct NL
Sir Magnus Cormack
Chopsticks Restaurant
Fast Row
Sweee
Continenta Syle
Seryl Assani
Rumnevearr
LOS Hermanos Inary Top
Bunda Sueet
C'wealth
Bambi
Diners Club
London
Poseidon
Shari A
ALB
BOS
Eumple
Activi
Isior Banya Frente
Acaliw
Air Cor Gat
Netai
Mc Fuller
Mr Swart
Fuller
Subidy
Austral
Anshove Oi
Mr Fuller
Ieee Oversea
Mises Lit and
Kathleen Investiments (Australia) Ltd
Nabarlek
Canberra
CP Trust
Burmah
Arung
Santos Ching
Hurmah
Coke Oey
Sian
sub-Osearne
Woside
Oh Vargax Ltd
Aenetts
Santoy-Delhi
Avpetis
Belween Santos
Murrmat Rpad
Theorg
Miltaguna
Bundaberg
Miles
St. Couglas Forbes
Quinaha
Saat Ils
Petrie Street Civic Centre
Annie Eis Andere
Ponsford
LAKE
Co Pty
Norribourne Avenue
Pood
Moat Lodge
Kings Cross
Flag Motor Inn
Roslyn Gardens
Elizabeth Bay
Perth
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