Nickelfields poised for viable antimony operation in Queensland
Nickelfields of Aus reports a viable antimony project in Queensland near St George and Mitchell Rivers. Directors expect a new treatment plant and long term sales agreements. International interest grows as potential partners discuss forming a strong antimony corporation with buyers in France Denmark Germany Japan and the United States.
MENTIONED IN THIS ARTICLE
Nickelfields of
Aus
Walla
Sully
St George
Mitchell Rivers
Green
Vie
NI Sau
Buvery
Snsikiners
Mt Myers
Ad Herraninations Om Scerned
Ihe
France
Denmark
Germany
Japan
United
Saratha Ain Amerie
McDowell Store Sells Sydney Outlet to Hooker for $9 Million
McDowells, a Sydney based retailer, will sell its George and King Streets shop to Hooker Corporation for about $9 million. The deal transfers ownership of the flagship store as part of an ongoing expansion by Hooker into central Sydney retail.
MENTIONED IN THIS ARTICLE
McDowells
Sydney
George and
King Streets
Hooker Corporation
Commonwealth McDowells Trade and Profit Update
Commonwealth and McDowells will keep trading under store limits with vacant possession not earlier than February 1. The company reported net profit of common value yesterday and said negotiations with Wealth Mining Investments for the sale were cut. Shareholder payout includes a final dividend of per share and a special tax-free amount, with Parkes Development and Finance Facilities involved in the broader settlement.
MENTIONED IN THIS ARTICLE
mcDowells
Common
Wwealth Mining
Fausratial
Sydney
Jume
Finance Facilities Pty
Paul Stray
Parkes Development
Iaronp
Mebowells
McDowells Reject Unusual Offer Amid Redevelopment Plans
Unusual offer proposals from Baradeen and another party were rejected by Sir Frank McDowell, who valued McDowell’s shares at no less than $3 each. Plans for redeveloping the George and King Streets site were under independent valuation at 5K million, with a holding company formation discussed for future construction. The board indicated a higher sale price for the site than the earlier figure of 5K million.
MENTIONED IN THIS ARTICLE
Dowells
Finck McDowell
Frank
McDowell
George
King Streets
McBowelts Sentio N Tevet 1
A. Te
Hooker Corporation
WMC finds high grade nickel in Kambalda zones
Western Mining Corpora tion Ltd reports a strong exploration quarter with new high grade ore zones near Kambalda. The Hunt Zone about 2000 ft south of Lunnen shoot yielded drill intersections of 5.4 percent nickel between 1307 and 1316 ft and 25 percent and 7.5 percent between 527 ft and 540 ft.
MENTIONED IN THIS ARTICLE
Western Mining Corporation Ltd
Kambalda
WMC
Juan
Lake Lefroy
Kambalda Central
Ore production updates from mining firms in Western Australia
The report details high grade sulphide intersections near the Juan shoot with nickel and copper content notes, plus ore treated and concentrate production figures. It cites outputs from Great Boulder, North Kalgoorli, Otter shoot, and Nepean mine operations, including tonnages and grades, with plans for future expansion and feasibility studies.
MENTIONED IN THIS ARTICLE
Ineizare
Tikh Shuel
Gelling
Sopper
Wenierm
Pro- Geraldion
Lake Mult
Qulley
Orelatiaz
Perth
Nepean
Tadwi
Kalgoorlie
Ay Enter
Civic Permanent Build Society Records Housing Loan Rise
The Civic Permanent Building Society announced a record 5.8 million in housing loans with 2.1 million due in 1968 70 and total advances surpassing 59.8 million as of June 30 1970. The secretary reported lending continued during credit restraint with temporary cuts and available funds increasing for eligible applicants to borrow up to 1 000 for new homes. Government funds for the year grew to 21 million, with total society funds now over 6 million.
MENTIONED IN THIS ARTICLE
Civic Permanent Buildig Society
Mov Intolun
Civic Permanent
New Zealand
Hong Kong
Cheats Toland
Indian Ocean
New Guinea
Australia
Romimates
Moesors
Sccoumi
Australian wheat export forecast rises to near record
The Australian Wheat and Flour forecast predicts exports to reach about 280 million bushels, with a 416 percent improvement over the prior year. Chairman Dr Allan Callaghan cited strong local consumption, improved handling, and new facilities at Newcastle as supporting a brighter outlook despite black market distortions.
MENTIONED IN THIS ARTICLE
Allan R. Callag
Newcastle Lions
Callaghan
Nsw
Rothmans Profit Edges Up in Dim Year End Report
Consolidated net profit for Rothmans of Australia eased slightly to 322 million dollars for the year ended March, due to weaker demand and higher depreciation. Directors anticipate improved results next year from cost cuts and marketing shifts, with a rise in project earnings and a new long term contract boosting activity in Japan and Australia.
MENTIONED IN THIS ARTICLE
Consolidated Net
Rothmans
Dall Mall
Australia
Home Frat Bolting) Ltd
Finan- Radio
Weason
Charm Marketing
Fowlers of Caangs i
Fowlers Vacoia Many
Subfacturing Co Ltd
Sugar quota rise eyed in Australia talks
Australia backs a sugar quota increase under the International Sugar Agreement. Acting Minister for Trade and Industry Mr Sin Lair said yesterday the quota could be raised by about 24,000 tonnes amid ongoing negotiations and ministerial discussions.
MENTIONED IN THIS ARTICLE
Australia
Trade and Industry
Sinlair
Thiess coal tonnage and prices rise in major deal
Thiess Holdings Ltd reports a negotiated increase in coal tonnage and prices in a long term supply arrangement. The agreement covers large volumes through a central Queensland operation, with 1.5 million tonnes annually for 13 years and a total value of about 00,000 tons per year in a free market framework.
MENTIONED IN THIS ARTICLE
Quoin Wes
Thiess Holdings
Inter- Ig
National Sugar Organise
South Blackwater
Queens
Chrysler profits rise as restructuring nears completion
Detroit based Chrysler Corporation reported a profit for the second quarter of 1970 after a costly earlier period. Chairman Lynn Townsend said the company had virtually completed an extensive cost busting and reorganization program. The update came as the firm faced financial turmoil and a temporary suspension of Chrysler stock trading on the New York Stock Exchange on June 21.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corporation
Tne
Lynn
Chrysler
New York Stock Exchange
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Tokyo
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the Automobile Fire & General Insurance Company Limited
John M. Rooney
Hildren
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T Q Travel
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Civic Permaneet
Vale of You
Civic Co-operative Permanent Building Society Star
Ma Place
Pring, Dean
Northbourne Avenue
Delfast Manges
Venson
Penton Pate
Co-Operative Permanent
Lasna
Capital
Cureton
Alc.t. Office Equipment Pty Limited
Kembla Street
Fyshwick