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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

May 03, 1968

Page

5

Sydney shares surge as nickel finds lift mining stocks

Hectic trading on the Sydney Stock Exchange followed Western Mining Corporation's nickel discovery and BP Bass Strait oilfield news. Mining and goldmining stocks led gains with Amalgamated, Amped, Magellan and others rising. turnover near two million shares and the All Ordinaries index climbing to a new high of 148.74 points, up 13.11.

Sydney Stock Exchange Western Mining Corporation Nee Nickel Western Alatralia Bass Surait Metis Great Boulder Late View Hirnayer

London Sydney Stock Exchange Market Snapshot

A fragmented data rich stock market snippet shows midday figures from London and Sydney exchanges. Trading items include various securities with prices and volumes such as mining traders and energy related stocks, with multiple figures like 3.090, 5300, and 4.70 noted among an array of company tags and bid asks.

Share Options Calls on WMC and Woodside Memo

Fragmented OCR notes reference share options and prices for WMC and Woodside. Mentions Leah Bay, Mr Tm, 12.70, 1061.0, and 360 plus 430 figures, but details are unclear. No coherent event or entities beyond these scattered terms.

Molle Leah Bay Sale View Woodside

Rutile Sale To Laporte Ltd Reported

London based Complitated Rutile Ltd announces a sale of 100000 tons of rutile to Laporte Ltd of London. The agreement covers supply terms and delivery schedules for the material used in pigment manufacture.

Laporte

Hamersley Inks $44 Million Iron Ore Deal With Kobe

TOKYO on Thursday AAP Reuters reports a 44.6 million dollar contract to import 10 million tons of low grade Australian iron ore into Japan over the next year. The agreement links Kobe Steel Ltd of Japan and Hamersley Iron Ore Pty Ltd of Australia, with pelletized ore to be produced at a new plant and supply terms spanning the decade beginning 1970. The deal, part of broader mineral sales negotiations, includes additional rutile and related undertakings with other companies in the group. More financial details and next steps outline further contracts and investments in Australian ore exports to Japan.

Tokyo AAP Reuter Japan Kobe Steel Ltd Hamersley Iron Ore Ply Ltd Australia Laysiniewe Steel Miggins Fapore Jim Spiang

WMC Shares Rise Amid Market Turnover News

The London market reported WMC shares climbing as turnover reached $8,000 with 33,000 shares traded. Analysts note gains followed a late 12/20 rise to 14.50 while a turn to 12.00 was seen in early trading. Investors show cautious optimism as the exchange opened yesterday morning with WMC trading above initial levels.

Ube Turnuiver Crea Teskever Peeer Pachange Ventorday Sha Wmcs Ness London Owervadine WMC

Esso-BHP oil estimate kicks off 1200 million barrel outlook

Esso-BHP releases its first oil estimate at about 1,200 million barrels. The figure excludes reserves in the Ma complex and reflects early plans to drill 7 development wells across Patron Theelipur and Kingfish fields. Partners plan about $400 million for oil and gas development with undersea pipelines and plant work at Sule and Long Inland in Westernport Bay.

Halibut Bass Strait Marlin Barracoura Sule Westernport Bay Econ Hib Kinglich Nieldy Lion Dew Lines Se Cee Pesta Toe Bian Marlin-incoaat

Marlin and Kingoil reserves eyed for development plan

The report outlines plans for Marlin and related oil fields with proposed development including 24 wells and three drilling platforms. It notes estimated reserves around 4.2 billion and 1.2 million barrel figures, with integration of pipelines, storage tanks, and gas separation facilities at Sale and Longland. The plan seeks to advance exploration and production across offshore fields, subject to approvals and market conditions.

Splaticen Imnate Ea ‘Ale Indiuted Irin Sale Ieet Gaeilites Longland Hla

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