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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 16, 1970

Page

2

Nissan to discuss using BLMC plant for Australia assembly

Nissan Motor Company plans talks later this month on using a British Leyland plant in Australia to assemble Nissan models. Tokyo reports say Lord Stokes, BLMC chair, arrives January 1 for a potential meeting with Nissan and Toyota, who fear impact on Australia market and seek cooperation if terms favor regional sales.

Tokyo Reuter Nissan Motor Company Japan Leyland Motor Corporation Australia Nissan Toyota Motor Company Lord Stokes Sussan Aso Toyota Stokes

Mineral Securities Australia Elevates Equity Funds Stake

Mineral Securities Australia Group holds 40.1 percent in Equity Funds of Australia the management company for First Australian Growth and Income Fund. Petroleum Securities holds 3 percent and Oil Investments 5 percent. Launch of the fund is expected next month.

Mineral Securities Australia Ltd Group Equity Funds of Australia Managment First Australian Mineral Securities Petroleum Securities Oil Investments

Metals Ex Freeport partnership expands nickel output in Australia

Metals Exploration and Freeport begin shipments from Nepean shaft with about 120 tons of nickel ore daily, targeting 450 tons a day within weeks. The venture, part of a Boulder North Kalgoorlie joint plan, expands exploration and development across WA and Queensland, including Greenvale laterite deposits.

Stei Bulle Andy Ner Freeport Lubbock Dle Ft Traliv Orsicient Boulder-North Kal Nepean Wester Mining Othe Old gold)Mining Corporation Fimiston Istrala Omer Poseidon Frank Lubbock Amsconds Bouder-North Kalguel Bhpeince Navy Cea Dly Kurmbilde Greenvale Queensland

London curbs speculators in Australian mining boom

London brokers restrict small investors in Australian mining deals amid a rush by North Deborah Mining to place 200 000 fully paid shares with Sydney brokers at a premium. Meantime brokers warn of oversight limits as Central Deborah Gold Mining faces cash needs to acquire more claims and expand operations.

North Deborah Mining 1Co Nt Sydney Ralph W. King Yuill North? Deborah Debora Co Nie

Westralian Nickel in $19.5m Deal

Westralian Nickel Exploration NL announces completion of negotiations to acquire 14 Murphy Hills mineral claims from Biggs Prospecting Syndicate and 90 percent interest in Magnet Metals areas in the Wyalgee Namdec region. Deal values exceed 19.3 million dollars, with cash and share considerations, and plans include quarterly reports, Kalgoorlie headquarters, and a 1 for 4 share issue to raise capital. Keith Biggs appointed director.

Westralian Nickel Exploration NL Murphy Hills Biggs Prospecting Syndicate Magnet Metals Wyalgee- Namdec Yalgo Goldfields Ims Scc Burrill and Associates Westealian Nicks Exploration Board Kalgoorlie Western Australia Keith Biggs

Mr Tung world’s largest single ship owner by far

Hyde Park morning sketches reveal a modest Chinese man, Mr Coy Tung, described by the New York Times as the largest individual ship owner in the world. His fleet exceeds 80 ships including tankers, cargo vessels, and chemical carriers, with Orient Overseas Lines adding passenger ships in its mix.

Coy. Tung New York Times Austoile Onassis London Hyde Parkenstone Mayfair Mr Tung C. ¥. Tung Group Orient Overseas Lines Shi Iuilaing

Different Mr Tung A Shipping Tycoon With A Quiet Public Face

Mr Tung, in his late fifties, has spent about four decades in shipping. A pioneer of semi-submerged hull research and MST-14 propulsion, he built a fleet including 212,000 ton tankers and a first MST-14 powered tanker. Based in Hong Kong with a New York residence, he shuns publicity, funds employee education, and admires Cheng Ho, Mozart, and Beethoven.

Tung Thidkee Innovitar General Fleetric Company United States Sis Megulos Hms Hig Hong Kong New York Wall Street

Confrontation on woodchips denied

Minister Swartz denied reports of a direct confrontation between Australia and Japan over woodchip export prices. He said no floor price had been set by Australia, though Japanese interests reportedly pushed for a $22 per unit ceiling. The export permit for northern Tasmania chips at $22 was withheld as not good enough, with emphasis on potential profits if reasonable prices are obtained.

Swartz Australia Japan Department National Development In Fas Wsmunian Tnather Swart Canberry Endyr Tasmania Vickers Rundlt Ply Ltd Vickers Australia Ltd Ford Motor Co of Australia Ltd Ford Geelong

1969 world trade boom ends in mixed 1970 outlook

The article surveys 1969 as a record year for world trade with boom economies including Mexico Korea Taiwan Singapore and Italy while others like Indonesia Sri Lanka and Burma faced hard times. It notes metals prices rose then fell and outlines uncertain 1970 prospects with rising consumption and supply constraints across several commodities.

Mat~ions Mexico Korea Taiwan Singapore Italy South Africa Thailand Indonesia Vietnam India Tapan Cuba New Zealand Brazil London Europe

Also Mentioned on This Page

Metals Ex N. Deborah C. Deborah M. B. Savory Ofster and” Braithwaite Westralian Nickel Onassis Eric Chou Hyde Park Shanghai Admiri Cheng Ho Columbus China Africa Admiral Cheng Heon Me Tung Petrie Street Lake Credits Co Pty Northbourne Avenue P.O Unmat Dec Deposit & Investment LID Beiley Arcade Canberra Tocn Alriot Initan Ceylon Burmiy Norgamic America Canada Conner Norway Wolfram Canton Peking Russia United Permanent Goop Building Society Ltd Canberra City Lonsdale Street Canberra Times Times Office Space Ron Ison Rosa Thompson Jaix M. Thompson Cook Mary Shang Feirest Ate A. Beans Chiney AC Mayer SCOPT G. K. Seoth Wagga Dini Gilllin Dennis Nicholas Adaminuby Michael Rosic Tymeard Mile Mie Ginger Ellen Ann Koos Watsons Road Indies Gala Hulawach Oueanbevan Yarens Juma Civic Yarrajimala Civican Keith. J. McDowall D.C Palaice College USA Theodore Street Cirtin Chiropractors Ass Ropractor Barry Drive Turner Moxy Mezen Tite Nes Son Ingore Palmer Ica-Aca Assas Rte Teaver Tinckfrine Wat Leon Pee Ear Cantera Avenue Kingston Sydney Uni, Matthc Canberra Coaching College Matar Aranda ‘Tres Charles Street Quaanbeyars Laverton Place Mawson Dally Narwundaly Ani Nukping Queanbeyan Wynes E. Woodger and Sons Monro Street Downer Watson Mexillon Pry Ltd Ferrie Street Campbell Anzie ‘Park Campbell Nd Co Aig Lyneham LYONS Siely Hughes L. J. Hooker Nemmbourne Avenue Act T. E. Woodger and Sons Monaro Steet Accommoda Monato ‘Stree Woodger and ‘Sons Monaro Streety Gest Page
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