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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Mar 23, 1973

Page

5

Ampol Total to Build $800 Million Lucas Heights Refinery

Ampol Petroleum and Total Oil plan an $800 million refinery at Lucas Heights, 20 miles south of Sydney, with a 50 percent equity share for Ampol. The project aims to start within three years, targeting a minimum 50,000 barrels per day output and boosting NSW petroleum supply. The state government will provide no direct funding. Local MP Rex Jackson criticized the plan as harmful to ordinary people, while authorities assured minimal local pollution impact.

Ampol Petroleum Ltd The Total Oil Company Lucas Heights Sydney Botany Bay Nsw Fuller Heathcote Wenal Harris Australia Kuroell Kwinana Western Australia Ampol Equity Joan

Great Boulder lifts profit amid nickel surge

Great Boulder Mines Ltd WA nickel miner lifted half year profit 77.5 percent from 298 314 to 529 493 as nickel concentrate sales rose 379 percent from Scotia Mine near Kalgoorlie. Directors cite higher ore head grade better mine prediction and nickel price. currency revaluations damped Australian dollar revenue and US dollar devaluation also trimmed proceeds. They urge currency reductions to aid exporters.

Great Boulder Mines Ltd Scotia Kalgoorlie Australia

Jennings to raise 10.2 million for expansion

A. V. Jennings Industries (Australia) Ltd, a leading home builder, will raise 10.2 million for expansion. It offers shareholders one convertible note per 10 shares on May 7, with notes at 4.30 dollars each, convertible 1 for 1 into ordinary shares. Underwritten by Ian Potter and Co and Ord-BT Co Ltd. Additional 4.235 million will be raised via 1.1 million ordinary shares at 3.85 to local institutions.

A. V. Jennings Industries (Australia) Ltd Ian Potter and Co Ord- BT Co Ltd Sydney Jennings

David Jones Sales Rise Despite Profit Pressure

David Jones Ltd reports a strong 13.37 percent sales rise for the seven months to February 28, with consolidated net trading profit up 7.78 percent but margins still tight. Interim results show net trading profit increasing from 3,974,000 to 4,283,000 alongside a 612,000 abnormal gain from exchange on a Euro-dollar loan repayment. Interim dividends remain unchanged at 7.4 percent ordinary, 2.4 percent redeemable, and 3.9 percent second preference, with no dividend change to the first preference.

David Jones Ltd Wih Orddinary

Kaiser Steel to Sell 15 Million Hamersley Shares in Axis Deal

Kaiser Steel Corp of Oakland announced an in principle sale of 15 million Hamersley Holdings Ltd shares at 3.90 dollars each. The transaction, subject to conditions, would be to two Japanese trading firms and six Japanese steel mills, raising about 558.5 million dollars.

Kaiser Steel Corporation Oakland California Hamersley Holdings Ltd

Travelodge Australia profits fall 33 in half year

Travelodge Australia Ltd reports a 33 percent drop in consolidated net profit for the six months to December 31, despite a 2 percent revenue gain to 39.4 million. Extraordinary currency realignments added 168,000 to income, not in profit. Most revenue came from the building subsidiary while motel operations were slightly up. The directors expect the full year to equal last year and defer final dividend until year results are available.

Travelodge Australia Ltd Australia Com

Big Lake Gas Flows From Santos Drill Tests

Santos Ltd reported drill stem tests in Big Lake No 6 well showing gas flow from 7.634 to 7.750 feet at 8.55 million cu ft per day through a 7/16 inch choke. A second test from 4.13 to 8.348 feet in the epsilon formation flowed 8.1 million cu ft daily via a 27/16 inch choke.

Assurance record for Friends Provident and Century Life Office Australia

The Friends Provident and Century Life Office reported record new business in Australia for the year ending December 31, 1972. New sums assured totaled 50,700,000 dollars, up 20 percent from 1971, with total new business production including term assurance at 113,415.00 dollars and new business premium income reaching 1,530,000 dollars.

Friends’ Provident Century Life Office Australia

Also Mentioned on This Page

Business & Economics John Fuller Ampal Petroleum A. E. Harris Total Australia Ampal Hargis Victoria Heathcore Labor Industrial Development Rex Jackson Askin Paul Samuelson Australian National University Robert Williams South Australia Dunstan H. C. Coombs ANU Samuelson Great Boulder David Jones Vulcan Pauls Retrovision Hindmarsh Drive Phillip Canberra Times Canberra Croton Times Office Rene Engatement Couites Canberra News Carberra Times Deakin Navid Loner Wade Plaza Dickson Bishee Garran Savin Packet Vga King Lynne Lyneham Macquarie Manuka Mawana Satrabundah Conner Riveter Stullin Watson Arralumla Raldens Dunne's Ville Mrs McEwan Forrest Woden Plaza Diva Peed Qunet Indy Alter Épm Osaren Civic Ing Cele Cple Req Furn Bedem Mal Miggins Scullin Sarema Place City Jopr Suis Hackett Salease C. Marchant Lic Sondbourne Ave Atm Orrens Ausslie Higgins Weston Miport Kioskranda Lanberra Hospital Bios Whitey, Peters Food Store Cook Tyahwheler Mee Molongia Mall Nick's Sack Oriana Cafe Paragon_Cafe Sassla Cafe Paragon Mall Huahes Lachlan Cour Mawson Page Pearce Mascot Tobm Fatrlas and Sons Td Hunter Street Wassardsown Hall Central Railway Cars News Melbourne Canberra Cies Lederman Collins Street Southern Cross Salel Collins Wansian Street Mitty's Gurke Street Menapaner Howse Iosk Colling Street Sleeig Elizabeth Street Fibre Ve Tullamarine Sirpoc John Fairfax Ona, Ltd Failtle Hope Tam Marina Sydney Morning Herald National Times Australian Financial Review Sydney Sian Sun - Herald Pix/ People Woman's World Dolly Canberra! News Sun-Herald Enverneeni Newaagenta Matebtaln Wlok Chaning Beveridge Tee Bean Vivienne Philip Nicole Marie Cherie Doctor Soa i Davidson Barbara Lena Grant Leonard Albert Karen Canberra Hospital Fischer Pat Peter Andrew Levon Simon Morgan Shirley Jim Christopher James Purcell Rosemary Chris Red Hill Shawn Christopher Schunardt Chrel Brian Malcolm Gregory Duni Donovan Del Ine Donovany Deidre Rhonda Rob Michelle Poxon-Smith G. L. Smith Ottawa Canada Judith Ann John Martin J. H. Paxon Launceston Tasmania Hompson Mum Ros Nan Feeney Memoriam Jolliffe Hilton Max Maaine Karlene Susan Betty = Walker-Pocock Sin Allambie Private Hospital Laby’s Manuka Shops Lady's Blus Banc Hones Tijk Py Linind Gatema Place ROW Lynch Real Estate G. R. R. Lynch Bunda Hui Petrie Street GN Lynch Real Estate Dunda Bank House Woden Town Centre Commonwealth Banking Corporation Fyshwick Front Street Abbott Surfers Paradise Educ Inc Fameilies Blue Hills Hartley Vale Lithgow South Coast Batehaven Lake Coila Queanbeyan Torrens Bindell St. Aranda Garema Place Yarralumla Ee Ee Scotts Realty Pty Ltd Maitland House London Rivett Shir Campbell A.sperram Multilist REI Kendell Airlines Wagga Ansett Airlines OF Queanbeyan Leagues Club Limited Queansbeyan Leagues Sia Bob Newman F. W. Buesbury & Co Chartered Accountants CML University Avenue Big Lake Oath, Aoe Bolg Andamersky IM Lotoma Metals MIM NBC Capital Finance CO Pty Ltd Petrie Street Civic Centre Eric Andersons Endeavour Carpets Isa Sirest David Webster Ipm W. D. and H. C. Wills Qantas and Dewars
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