Sydney Stock Exchange closes with mining and oil price swings
Yesterday the Sydney Stock Exchange showed wide price fluctuations across mining and oil boards. Opening strong, the market faded before a late-day firming. Westralian Nickel fell to $11.50 before buyers pushed it to $14. Tennant Creek Metals rose 35¢ to $1.10 and closed at $1.25 after a rally. Recently Histed Samin dropped from $18.50 to $17. Sgo International Min- appears as another new listing in the session.
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Sydney Stock Exchange
Tennant Creek Metals
Yell
Histed Samin
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Ean H aGe Os
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Son
Mining shares surge amid volatile Melbourne trading day
Wide fluctuations swept mining and oil boards as Laverton led gains to a high of 3.80 while Poseidon fell to 5.20. Amad, Lake View, Ravensthorpe and several others posted notable rises, with Western Mining and Tasminex among the high-tyers edging lower. Industrials were subdued as the market recorded one of its quietest days in months despite a broad mix of advances and declines.
MENTIONED IN THIS ARTICLE
Ing Corp
Laverton
Carr-Boyd
Pacific Copper
Lake View
Ravensthorpe
Poseidon
Mineral Securities
Tasminex
Eastmet
Western Mining
Exoil
Langreach Oil
Petroleum Securities
Melbourne Stock Exchange
Samin
Western Mining Corp
St John Attacks WMC Over Meekatharra Deals Debacle
Edward St John of MU and Mejack Minerals accuse Western Mining of botched negotiations in Meekatharra, accusing WMC of wasting millions and shunning proper disclosure. He cites a joint venture offer and an option to purchase six claims, complaining WMC withdrew at the 11th hour and left parties angry as court hearing unfolds.
MENTIONED IN THIS ARTICLE
Peration
Sivil Aviation
Meeka
Syd Lour
Melbourne
Disputed mining area charts and stock notes in Melbourne market
A sprawling OCR fragment lists Australian mining topics and stock references. It notes disputed ground near Meekatharra and several mines like Magellan Kiap and Ladle, with many entities including companies, locations, and prices. It also references Sydney stock activity and ore-related terms, signaling a complex mining market report.
Share Options Highlight Exploration Point View
A special appeal from FMN exploration perspective notes ongoing scrutiny under mining act. The statement references an objection by WMC amid ongoing work by a survey crew at the site. Ground conditions or legality appear central to the dispute.
MENTIONED IN THIS ARTICLE
Fmn
Onat Onanfendt
AGC Ltd lifts profit to 4.38m in six months
Australian Guarantee Corporation, Melbourne based, reports a 27.2 percent rise in net profit to 4,866,015 for the six months to December 1. Gross receivables grew 15.5 percent to 503,990,508 while interim dividend remains 74 percent. Directors note large receivables increase and expect continued progress into the new year. The group, linked with Bank of NSW holding about 43 percent of ordinary capital, shows an annual earning rate near 28 percent.
MENTIONED IN THIS ARTICLE
Australian Guarantee Corporation Ltd
Finance and Insurance Company
G. LE. Carter
AGC
Hank of Nsw
Russia to import Australian meat for five months
Russia plans to buy 30 000 tons of beef and mutton from Australia by June for about 500 000 dollars. The government expects more sales in the next five months but cannot confirm ongoing trade beyond June. Minister Anthony announced the sale near Casino New South Wales and noted Russia would be among the world’s top meat buyers in 1969.
MENTIONED IN THIS ARTICLE
Russia
Australia
Ussr
Anthony
Casino
Nsw
Overseas reserves fall in December and November shifts
Australia overseas reserves dropped by 102.1 million in December after a 361.7 million rise in November. Gold and foreign exchange holdings on December 41 stood at 1,059 million. Estimated private net capital inflow about 550 million, compared with about 100 million a month a year ago.
MENTIONED IN THIS ARTICLE
Australia
Production stil well sustained in year end 1969 economy
Statistics issued yesterday show strong production across 32 of 35 key commodities for the year ended December 31. Seasonal figures reveal 11 gains and two losses among 13 items for the year and for the three months ended December 3. Notable declines occur in electric motors under one horsepower and motor vehicles, though December vehicle output remains more than 20 percent above December 1968.
Fragmentary Names List From Unknown Source
A partial OCR line contains scattered names and initials such as ANZ 225 YW 135 Jonas janns Berry Johns Jones and other unreadable fragments. The text lacks clear events or context to form a full news item.
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Mn Mus Anz
Jonas Janns Berry
Johnse
Jones D
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