Antimony Shaft Sinks at Belingen Mine Offshore Australia
Australian Antimony NL sinks the Twists mining shaft near Beling en in an offshore area covering about 4 000 square miles. A 9 per cent interest joint venture with Pearson Bridge-Rob s is set to commit up to 85 000. Chevron Overseas Petroleum Inc will earn 50 per cent in a well by spending 3.5 million. Power to the mine has been completed. Offshore Oil NL grants a farm-into Tens Strait Petroleum NL. Timber removal and adit rehabilitation underway. Diamond drilling planned for Taylors Arm lode extensions. Mt Fleming claims to be drilled after anomalies found. North Flinders special mining lease 397 shows copper, lead and zinc anomalies.
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Bounty Oil Ltd
Chevron Overseas Petroleum Inc
Pounty
Austral-Pacific Mining Corporation Ltd
Mt Fleming
Flinders Ranges
Nixon
Republican Party
Wall Street
Wixon
Dr Burns
Fed
Federal Reserve
Brimmer
Hayes
New York Fed
Francis
St. Louis
Ember 5
Open Market Committee
Fat
Bankers warn on EEC impact for Australia dairy
Mr Russell Prowse, assistant general manager at Bank of NSW, told Canberra Woden Rotary Club Australia must find new markets or cut dairy production if Britain joins the Common Market. He noted over three quarters of Australia's dairy exports go to Britain, which would likely shift to the EEC, which currently holds a butterfat surplus of about 320,000 tons.
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Australia
Britain
Russell Prowse
Prowse
Bank of Msw
Canberra- Woden
Wool Industry Growers Fail to Meet Funding Target
Insufficient grower support left Economic Wool Producers Ltd short of the $500,000 minimum subscription by yesterday. The Wool Commission and the Government proposed measures to aid the industry, but many investors did not participate. Rights were to be restricted to shareholders with wool powers, leaving the company short of funds.
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Economic Wool Producers Ltd
Wool Commission and Company
Waool
Wool Board
Wenern
Senearmiar Brete
EWP
Maple-Brown
Tives
Tehran
Beare Crete
Mapletore
Brown
Dustry
Fon Bendith
Sackiy
Amuzegar
Th Maple-Brown
Australian Wool Commission
Oil-price talks collapse over Arab price demands in Tehran
In Tehran on Thursday the talks among Iran Iraq and Saudi Arabia for higher oil prices collapsed, with a communique calling the discussions fruitless. Western supplies risk disruption as the Organisation of Petroleum Exporting Countries members retreat from negotiations, and observers note the breakdown may influence plans affecting wool industry funding and Market prospects.
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Tehran
Associated Press
Iran
Iraq
Sadi
Arabia
Organisation For Petroleum ‘ Exporting Countries
Nixon names Connally as Treasury chief in shift toward expansion
The Nixon administration taps John Connally to head the Treasury replacing David Kennedy. The move signals a buy now, pay later approach to fiscal policy aimed at spurring demand, expanding the budget deficit and lifting unemployment, while inflation remains a concern.
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Washington
John Connally
David Kenedy
the Treasury
Texas
Connally
Congress
United States
David Kennedy
Treasury
Hare
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