Mining stocks rally as Melbourne exchange closes higher
Slight recovery in mining shares with Poseidon Kathleen Investments and Mines among leaders. Sedimentary Uranium and International Tasminex buoy sentiment while major issues show modest gains. Poseidon peaks at 37 50, WMC at 9 70, several miners hold intraday gains despite a cautious close. Industrials mixed. BHP rises to 1215, Queensland Mines up to 27, New Broken Hill to 13 70 as investors weigh Friday trading outcomes.
MENTIONED IN THIS ARTICLE
Tasminex
Peko
MIM
New
Broken Hill
Ampol
Ards
BHF
Melbourne Stock Exchange
Poseidon
WMC
International Mining Corp
Ife
Tasman Minerals
Peerless
Mt Clifford
Norseman Minerals
CRA
Queensland
New Broken Hill
Aemin Rapherate
Mogul 20
Muver
Sela
Suyer Mt Selier
Paterson
Wels Corp
Victor
Pioneer
A 'Lee Om
Sun Abe
Wald Walker
Wallace
Ailand Soc
Piesey
Waters
Jackson
Watkins Steet
Cem Sa Jay
Winthrop
Woolental Woolwarthe Siet Soc
Ea Mining
Wreckair Horton
Suman Pt
Abertov
Janet Gi
Ering
Cote
Chenaa
Newmer
Fornayen
Iethan
Aserton Min
Ginlay Goldin
Rousser
Greenvale
Austral
Barvtei
Boa Ck Ham Halla
Ea Sreuth
Wt Steel
Parece Iar
Eres Mankatona Io Dhp
Consta
Ocean
Morlaan
Jasmine Eninyvsan
Ordlosrles
Ueman
Sydney Stock Exchange Prices Collapse Amid Turbulent Session
Irregular trading on the Sydney Stock Exchange shows erratic figures with shares fluctuating in a volatile session. Prices listed include varied values such as 366.65 and 366.73, reflecting broad market uncertainty and sector-wide pressure.
Sydney Mining Quarterly Report Indicates Sufficient Ore for Development
Directors said the quarterly report shows sufficient quantities of ore to warrant development of mining projects. The company expects to obtain further iron ore leases in Victoria and install a treatment plant, with more sales planned on its claims at Mt and associated profiles.
MENTIONED IN THIS ARTICLE
Wells Wee
Eases In
Victoria
Direct
Reckitt and Colman earnings lift payouts in Australia
Reckitt and Colman Australia reports rising revenue and higher dividends after cost cuts and new contracts. Amotts Ltd buys Corquodale Holdings, boosting coal and flour milling operations. depreciation rises to 779,834 with tax higher at 2.7 million. Richmond Tweed and Northern Rivers TV plan a merger. a new Yellow Rock Colliery venture emerges post closure with assets transferred to the new unit.
MENTIONED IN THIS ARTICLE
Reckitt and
Colman
Australia Ltd
Seaie Id
Yellow Rock
Recret
Amotts Ltd
I Corquodale
Arnott
Ee Goer
Roral Basic Industries
Murestore
Jawoth Industries Ltd
Corquodale Holdings Pty
Yeaturday
Richmond Tweed TV Ltd
Northern Rivers TV Ltd
Austen Butta Ltd
Vision
Commonwealth
Bon- A Pew
Barton
Thelfers
Wallace Securities and Sub-underwriting Ltd registered in WA
A new company named Wallace Securities and Sub-underwriting Ltd with initial capital of 1.2 million dollars has been registered in Western Australia. It will be managed by Sydney based Wallace Bros Holdings (Aust) Pty Ltd.
MENTIONED IN THIS ARTICLE
Western Australia
Wallace Securities and Sub-underwriting Ltd
Wallace Bros Holdings
Aust) Pty Ltd
Fragmented OCR Item Lacks Clear Event
Readable text is severely garbled with partial names and stray characters making it impossible to identify a definite person, place, organization, date, or event for a proper newspaper card summary.
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Kathleen Investments and Mines
Es Vestments Ltd
Sydney
BHP
Monmila Properties
Sydney Stock Exchange
Wah
Sanzi
London Financial Times
Wall Street
Eas
Melbourne Sc
Opt Dun
Dominion
Emi
Niels
Les Warn
McKa ‘Os M'wilie
Mascot
Moore Mal
Nereis
Amorioge
Clark
Corio
Homersley
Seth A Morris P
Timi Aie
Sydney Mining
Paynte Sect
Sims
Reed We
Eckitt
Salby
Consse
Smits
Brur
Steiger
Wren
Almiess
Lake
Camaa
Aberfoyle
Academies
Ae Carr
Acmen
Anre Ne
Minn O
Allied Lowapenthoe
Allstate
Ajiarama
Amber
Amall
Anglo
Metana
Apotio
Arcadia
Archean
al Mia
Arthur
Aurora
Coopa
Buketh
Parl Fetal
Newnes
Mickel
C'Nore
Mickelore
Vic
Vest
Iin
Sale
I A
Ipha Minerals NL
Hegin Minine and
Conwest
Patrick Renison
Reckitt
Arnotts
Engrammes
Walton
Tr Peak
Mary
Mia
Ons
Ook