Mixed trading on Westralian Nickel amid reports of nickel hit
Shares rose to 14 dollars on the Sydney Exchange after comments the miner found 2.8 percent nickel in ore and a WA push for Mt Murphy and Mt Magnet leases fed gains. Other mining stocks, including Myer and Crown, posted mixed moves as prices fluctuated through the day.
MENTIONED IN THIS ARTICLE
Westralian
Sydney Stock Exchange
Mt Murphy
Mt Magnet
Sipox
Share Options Ofpton Oroecas Aemowth Deviles
Fragmentary OCR text mentions share options, prices and entities like Sydney and Silby with amounts such as 2.50. The readable parts resemble a financial listing or ticker style note with multiple unusual proper nouns and figures.
MENTIONED IN THIS ARTICLE
Ofpton Oroecas
Aemowth Deviles Southmad Ein
Csc
Newmetal Jae Searsamder
Gememth
Sthn Pais
Eetel Tetako _ el
Wits Mae Dev
Sydney
Erat Excmad
Samin Ltd Plans Mutual Share Exchange With Western Collieries
Samin Ltd and Western Collieries Ltd announce a share exchange giving each a 23 4 percent stake. Samin to allot Western Collieries 450 000 ordinary shares and 100 000 premium 50 cent shares, while Western Collieries will issue 250 000 fully paid 50p shares to Samin with premium. The deal includes transfer of Mary Springs lead mine near Northampton WA and WW mineral claims, plus options, in return for cash from Samin directors who call the arrangement a major step toward a growing coal and mineral enterprise and expect medium scale lead production in the Northampton area.
Grace Bros Appointment Update
Mr PN Walsh has not been appointed secretary and public officer for Grace Bros Holdings, EH Li, and Grace Bros Ply Ltd. The article records the pending appointment status and names the firms involved.
MENTIONED IN THIS ARTICLE
PN. Walsh
Grace Bros Holdings
EH Li
Grace Bros Ply At Ltd
Westralian Nickel Exploitation Sparks Hot Stock Boom
Westralian Nickel Exploitation NL becomes the latest hot stock in the WA nickel boom. The Sydney listed miner sees its shares double from 56-70 to 13, while a 200,000 share issue and negotiations for Murphy Hills claims drive speculation. Directors deny any ticket strike knowledge. profits surge amid market chatter and offshore investor interest.
MENTIONED IN THIS ARTICLE
Sydney
Westralian Nickel Exploration NL
Westralian
Wenueuaee
Invesco
Ad Nominees Pty Ltd
Stiho
Neminges Pty Mt
Murphyferch
Hills
Laverton
Poseidon Windarra
the Evening Standard
Poseidon
Melbourne
Perth
J. L. Hands
Murphy Hills
Diggs Prospecting Syndicate
Magnet Metals
Mt Magnet
Westralians
London
Wait Trusts Aid
Evening Standard
Britain
Wapet to Drill New Dongara No 18 Well West of Dongara
Wapet announced plans to drill Dongara No 18 about one mile east of Dongara in Western Australia. Site prep was under way and spudding was expected by week’s end.
MENTIONED IN THIS ARTICLE
Wapet
Dongara No 18
Dongara Na His
Rottnest Island
Perth
Hartsilvey
Brunswick
California Asiatic Oi Company
Texaco Overseas Petroleum Company
Ampel Exploration Ltd
Shell Development (Australia
New instalment of $1m export aid to Indonesia
The Department of External Affairs announced another instalment of aid to Indonesia totaling $1 million. The funds come from the sale of Indonesian currency port aid and are part of the Australian aid program to support Indonesia's economic recovery and budget, with the January instalment bringing 1969-70 aid available for sale to $3.2 million.
MENTIONED IN THIS ARTICLE
Indonesia
Department of Idonesian
Foourie
Ihal Australis
Budeet
Foreign Exchange
Kiwi International Co Ltd reports fall in year profit
Directors reported Kiwi International Co Ltd made a profit of 81,464,160 for the year, down from prior results. Taxation rose to 1,540,617 and depreciation to 291,639. A final dividend of four percent is declared, yielding a three percent total annual dividend. Last year’s total dividend was five percent.
MENTIONED IN THIS ARTICLE
Kiwi International Co Ltd
Atpost
Australian buy first NT cattle station signals shift
Sir William Gunn Lands capital stake in a 400 square mile top end cattle station in the Northern Territory. The sale marks the first Australian company acquiring land from American interests in the region, with expectations of more transfers as Australian interest grows. The deal was made with a major American company and was announced in London. Diamond and precious metal markets also see a price drop with gold trading around 35 US dollars per ounce as exploration companies in Sydney report activity.
MENTIONED IN THIS ARTICLE
Gunn
Williaunn
Northern Territory
Bah
Darwin St
Paul Cullen
Sydney
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