Murphyores to sell assets in NSW rutile mine stake sale
Murphyores Ltd plans to sell mining assets of NSW Rutile Mining Co Pty Ltd and a Hamilton mineral store to Signal-Pacific Company for 1,100,000. The move follows liquidity pressures and a potential partnership with the U.S. group as drilling continues in the region.
MENTIONED IN THIS ARTICLE
Murphyores Ltd
Beach Minerals Producer
Nsw
Wapet
Dongara No. 16
WMC
Ck Exchange
Meney
Aware| Mining Co Pty Ltd
Dias Mide
Essog
Nora
Upton
Murphyores
Canberra
Murphy
S . Termbt Ciecimee
Con
Ilmenite
Melbourne
Stock Exchange
Investi
Tex
WSW Rutilemire
Kempthorne Mistral Units Form New Subsidiary in Sydney
Kempthorne wunuEMauEreyo anu Market Research Pty Ltd Kempthorne Mistral Ltd Motor Surveys Pty Ltd plan a new subsidiary to strengthen its position in Sydney with 1 million capital. The venture will focus on steel service industry exploration and mining through Australian assets. P J Firth Ltd and Briscoes Ltd assets in Melbourne Sydney Newcastle to be acquired by Australian Consolidated Industries Ltd with over 70 percent share acceptance.
MENTIONED IN THIS ARTICLE
Wunuemauereyo Anu Market Research Pty Ltd
Kempthorne Mistral Ltd
Motor Surveys Pty Ltd
Sydney
Werations
Capital of
Briscoes Ltd
Melbourne
Newcastle
Australian Consolidated Industries Ltd
P. J. Firth Ltd
ACI Wwaid
ACT
Firth
Brisbane
20meRe Wenathorme Mistral Ltd
Andrew Grimwade
Cardiff
Basic Steel Corp
Treen Pups Es Wo
A. G. Campbell (Properties) Pty
Minerals merger talk and new ventures in WA and QLD
Campbell group plans a five percent bonus issue to fund expansion with Goldrim Mining Australia and related parties, including a 1000000 dollar target and royalty options. Fraser Island leases and North American investors backed by Murphyares will propel tantalum, rutile and zir production, with Western Mining and Bridge Oil pushing new Queensland operations as Coffs Harbour and Dongara wells lift dividends.
MENTIONED IN THIS ARTICLE
AFMS
Austra
Ajlia Ltd
Lion
Tantalum
Wireland Associated Minerals
Fraser Island
Cercon
Goldrim Mining
Aus Mineral
Fralia) Pty Ltd
Pilbarace Tantalum
Goldfield Corporation
Chemalkoy Minerals of
Canada
Goldrim Mining of
Shipbuilding aid extended into 1970 in Melbourne
The Minister for Trade and Industry Mr McEwen and the Minister for Shipping and Transport Mr Sinclair announced in Melbourne that government assistance to the Australian shipbuilding industry would continue beyond 1969 into 1970. The extension will last while the Tar Board reports on the industry are considered.
State considers $50 million rail link plan
Officials weigh a $50 million railway project linking the city to Kingsford Smith Airport. Directors plan an extraordinary general meeting to approve the proposal as soon as possible, aiming to connect the city with the airport by year end.
MENTIONED IN THIS ARTICLE
Kingsford Smith
Overseas investment surge and Australian tax reform talks
Australia debates a Canadian type income tax share for states with plans to split revenue, grant a surcharge, and preserve grants. Meanwhile International Publishing Corporation acquires half of Sungravure Pty Ltd, owner of Woman's Day and a Rosebery rotogravure plant, as overseas investment reaches record levels in 1968-69.
MENTIONED IN THIS ARTICLE
Commonwealth
Erstry
New South Wales
Victoria
Sungravure Pty Ltd
Sydney
International Publishing Corporation Ltd
London
Iney
LSE Wegeny
Mick
Sun
Australia
Nsw
Andreland Grants
Deutsch
Yesterlion
Time Inc
America
Eee
Ee Oidil
Australian overseas investment hits record in 1968-69
Australia saw a record 400 million inflow of direct private overseas investment in 1968-69, up 567 million from 1967-68. Increases ran through mining and quarrying, engineering, and oil refining, with Britain remaining a major source. Distributed income rose to 197 million, while direct investment totaled 305 million, surpassing 1967-68.
MENTIONED IN THIS ARTICLE
John Fairfax Ltd
Warwick Fairfax
Pc. Itt
He Magazine
Australia
Tace Cay
Thement
Britain
Papus
New Guinea
Mt Isa to Build 140 Houses in $2 Million Program
Mt Isa Mines Ltd announced contracts for constructing 140 houses at Mt Isa in a new program valued above $2 million. Site work by Thiess Bros Pty Ltd is well advanced, with concrete and timber frame homes planned as part of Mt Isa’s ongoing post expansion growth since the mid-1950s.
MENTIONED IN THIS ARTICLE
Mt Isa
Mt Isa Mines Ltd
Thiess Bros Pty Ltd
Cox Joins Board as Chairman at Mortgage Underwriters
Chairman Mr Phillip C. Cox, a chartered accountant and member of the Eggleston Committee on company law reform, has joined the board of Mortgage Underwriters of Australia Ltd as chairman, announced in Sydney yesterday.
MENTIONED IN THIS ARTICLE
Phillip C. £. Cox
Board of
Mortgage Underwriters of Australia Ltd
Sydney
Cox
Eggleston
BMI bids for A Taylor takeover offer announced
Blue Metal Industries Ltd said yesterday it planned a takeover bid for A Taylor and Company. The formal offer was expected as soon as possible.
MENTIONED IN THIS ARTICLE
Blue Metal Industries Ltd
Taylor and Company Oe
A. Taylor
Rise in consumer prices to accelerate in 1969
Melbourne university researchers in the Australian Economic Review forecast a faster rise in consumer prices than 3.1 percent in the September quarter. They note overtime boosted earnings and wage growth, while personal disposable income grew only modestly, keeping inflation in check despite higher housing, motor vehicles, and other durables. Private investment in major trading partners remains high as wage disputes influence the national wage case.
MENTIONED IN THIS ARTICLE
Melbourne University
Institute of Applied Economic and Social Research
Australian Economic Review
Australia
West Verhicles
Japan
Britain
United
New Zealand
United States
Ration Commission
ICIANZ and IMI Plan Australia Joint Venture
ICIANZ and Imperial Metal Industries Ltd Britain to merge Australian ferrous metal interests forming IME Australia Ltd. The deal will acquire IMI stake in Yorkshire Imperial (Australia) and transfer ICIANZ ammunition division and Yorkshire Imperial holdings to the new company. IMI is a public company with most shares held by ICI of Britain and a broad metals portfolio.
MENTIONED IN THIS ARTICLE
Media In Australia
IPC
IPC Magazines ‘Ltd
Arnold Quick
London
Australia
Andre Deutsch
Commonwealth
Hutchinson
Icianz
Imperial Metal Industries Ltd
Britain
Western Pacific
Sy Icianz
Yorkshire Imperial
Aust) Pty Ltd
IMI
Yorkshire
ICI
Also Mentioned on This Page
Myer Store
Aap Dev
Goldrim Min
Myer Emporium Ltd
Miium (Sa
Farmers Field
Kempthorne
Sorby's Tea
Co Worth
Wollongong
Varn
ACI Ltd
Campbell
Campbell Holdings
Tid
Idtende Teamsbke « Ane
Pontus
Murphy Ores
Signal
Murphyares Rtates
Murphyares
Western Mining Corporation Ltd
Mt Clifford
Dongura
Western Australia
Perth
Bridge Oil
2 Co NL
Georgeown
Einasleigh
Queensland
Une
Georgetown
Finnsleigh
Laverton
Mt Nindarra
Leonora
NSW Oil
New South
Coffs Harbour
Dongara No. 17
R. T. Whyte
Songravure
Peter Long
Economics
Adelaide
Sungravure
Woman's Day
Rosebery
TPC
Woman
Woman's Own
Woman's Realm
Women's Weekly
Statistics Bureau
Woather Commonwealth
Teva
BMI
Petrie Street Civic Centre
Eric Andersons
Permanent Building Society Limited
Petrie St
Canberra City
Deposit & Investment
Bailey Arcade
Petrie Street
Telephonia
A. D. Meares & Bishop
Sydney Stock Exchange
M.L.C
Ord Minnett
T. J. Thompson & Partners
Moresby House
A.C.T
Pring, Dean
Northbourne Avenue
City
A. C. Goode & CO
Hobart
Civic Permanent Savings Investment
Civic Co-operative Permane Building Society Ltd
Garema Place
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