Australian Mining & Exploration Companies-News 1-15 June 2000

ASHTON MINING LIMITED (15 June 2000)

Robert T Boyd, President and CEO of Ashton Mining of Canada Inc (AMCI) confirmed gross proceeds of C$5.7 million have been raised under AMCI's Rights Offering which closed on June 9, 2000.

AMX RESOURCES LIMITED (15 June 2000)

AMX Resources Ltd announced that the company has established relationships with both PSINet and Soul Pattinson Telecommunications Pty Ltd to trial Australia's first broadband wireless local loop network. AMX is planning to deploy a nationwide network providing enhanced telecommunications services based on a true "last mile" solution. The wireless network allows for two-way point to multipoint transmission of voice, video and data communications.

AUSTRALIAN KAOLIN LIMITED (15 June 2000)

Shareholders will be aware that the company entered into a Deed of Company Arrangement ("DOCA") in August 1999. This advice confirms that the company is still subject to the Deed of Company Arrangement as well as still being in Receivership.

A payment has been made to certain creditors for part of their debts (as provided under the terms of the DOCA) however the Deed Administrator advises that it appears unlikely that there will be any significant value in the value of the shares in the company, as there will be a shortfall to both unsecured and unsecured creditors of the company.

The mining assets have been sold and shareholders are advised that there is unlikely to be any restructure prior to the 30 June 2000. In the event that any restructure is undertaken at a later date, any value that may be attributed to the shares in the future is likely to be very limited, if any value at all.

Accordingly shareholders should take their own advice on dealing with the value of their investment for taxation purposes.

The Administrator has requested that shareholders do not contact his office, as he is unable to deal with individual shareholders queries of any nature.

AUSTRALASIAN GOLD MINES NL (15 June 2000)

Australasian Gold Mines NL announced it has entered into an option to purchase agreement whereby it can acquire a 100% interest in an Exploration Licence located near Mt Alwa in the Walwa Tin Field of Victoria. The option can be exercised at any time within the next two years. Further details of the agreement are set out in this announcement.

The Mt Alwa project comprises an Exploration Licence of 51 graticular blocks with an area of about 51 square kilometres located 100 kilometres east of Wodonga, Victoria. The Mt Alwa project was, during the 1960's, a producing tin mining area and considered to have the potential for the discovery of primary pegmatite hosted and alluvial tantalum/tin deposits.

The licence covers six known primary pegmatite hosted tantalum/tin deposits, three of which were formerly mined for tin by shallow open cuts. Each of the six prospects has been percussion or diamond drill tested however numerous other targets have been identified that were not drill tested by previous explorers.

BEACH PETROLEUM NL (15 June 2000)

Beach Petroleum advised that Taipan-1 has reached a total depth of 7,090 feet (2,161 metres) and, at 0800 hours on 14 June 2000, the operation was preparing to run cement plugs prior to abandoning the well.

DST #1 was conducted within the Basal Jurassic over the interval 6449-6485 feet and recovered 65 barrels of formation water.

CENTAUR MINING & EXPLORATION LIMITED (15 June 2000)

The Directors announced a ten (10) for one (1) capital consolidation of the Company's ordinary shares, so that after the capital consolidation, for every ten (10) ordinary shares held prior to the capital consolidation, a shareholder will hold one (1) ordinary share after the capital consolidation. The Company also has options on issue under the Executive Option Plan and these options will be consolidated on the same terms as the ordinary shares.

The capital consolidation is subject to shareholder approval and documentation for a meeting of shareholders is currently being prepared.

CONTACT ENERGY LIMITED (15 June 2000)

Fletcher Challenge Energy entered into an agreement to purchase gas from Contact Energy. The agreement provides Fletcher Challenge Energy with an option to purchase gas from Contact for a period of two years, commencing later this year.

CONSOLIDATED MINERALS LIMITED (15 June 2000)

Class of securities to be issued:
ordinary fully paid shares.
Number of securities to be issued:
31,250 shares.
Issue price of the securities:
30 cents per share.
Purpose of the issue:
exercise of options previously issued to the allottee.

COPPER MINES AND METALS LIMITED (15 June 2000)

Copper Mines and Metals Ltd advised that its Board has resolved, subject to shareholder approval, to make a placement of up to 150,000,000 shares in the capital of the Company at a subscription price of $0.008 cent per share together with 150,000,000 free attaching options. If fully subscribed the placement would raise $1.2 million before allowing for costs. The options will be exercisable on or before 30 June, 2004 at an exercise price that will comply with ASX Listing Rules.

The purpose of the issue will be to provide funds for exploration and development of the Company's mining projects, fund potential new acquisitions, supplement working capital and meet the costs of the issue.

DELTA GOLD LIMITED (15 June 2000)

Perpetual Trustees Australia Ltd ceased to be a substantial shareholder in Delta Gold Limited on 13/06/2000.

ENVIROSTAR ENERGY LIMITED (15 June 2000)

EnviroStar Energy Limited (EEL) announced that it has terminated negotiations with its prospective joint venture partner for the company's Environmental Green Energy Project in Stapylton at Yatala on Queensland's Gold Coast.

EnviroStar intends to implement the Stapylton project entirely by itself.

FEDERATION RESOURCES NL (15 June 2000)

The Directors of Federation Resources NL advised that the Company has agreed to increase its equity in SLE (Australia) Pty Ltd by 10% to 50% by issuing 100,000 fully paid shares.

FEDERATION RESOURCES NL (15 June 2000)

Federation Resources NL reported that the first annual licence fee of A$250,000.00 has been paid to Pinnacle VRB Limited. The Licence with Pinnacle VRB Limited provides the right to exploit and utilise the Vanadium Redox Battery technology within the continent of Africa.

FLETCHER CHALLENGE LIMITED (15 June 2000)

Fletcher Challenge Energy announce that it has successfully completed the first of two planned flow tests on the Pohokura-2 well and achieved excellent flow rates.

The well was perforated from 3,614m to 3,632m along hole at 10am on Sunday 11th June and subsequently cleaned up and stabilised. The main flow period commenced at 7.40 am on Tuesday 13th June. Three separate flow tests were conducted with preliminary results as follows:

CHOKE SIZE
(inches) GAS FLOW RATE
(mmscf per day) CGR*
(bbl/mmscf) FTHP*
(psi) BS&W CO(2)

20/64 6.8 75 3680 3% 5%

30/64 11.3 79 2730 5% 6%

56/64 18.4 89 1370 6% 6%

Note: CGR = Condensate to Gas Ratio
FTHP = Flow Tubing Head Pressure
BS&W = Basic Sediment and Water

The well is currently shut in for a pressure build-up survey, a further part of the testing programme that measures the recovery response of the reservoir.

FRONTIER PETROLEUM NL (15 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Unlisted Options
Number of securities to be issued
5,000,000
Issue price of the securities
Nil
Purpose of the issue
Issued as part of CEO remuneration package to provide appropriate incentives to achieve the amalgamation of Receivables Management Group (RMG), expansion of the business of RMG and the forecast profit.

HOMESTAKE MINING COMPANY (15 June 2000)

Effective June 12, 2000, the new address for Homestake Mining Company is as follows:

Homestake Mining Company
1600 Riviera Avenue, Suite 200
Walnut Creek, CA 94596-3568
Tel: (925) 817-1300

Wayne Kirk
CORPORATE SECRETARY
Direct Tel. (925) 817-1351
Direct Fax. (925) 746-0548

KANOWNA LIGHTS LIMITED (15 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
(i) Ordinary fully paid shares
ii) 31 Jan 2002 options
Number of securities to be issued
(i) 10,000,000 fully paid shares.
(ii) 10,000,000 options
Issue price of the securities
(i) 10 cents
(ii) free
Purpose of the issue
Raise additional capital for the completion of the acquisition of a 30% interest in First in Mail Pty Ltd, the continued development of the Company's exploration prospects, ongoing administration costs and working capital purposes.

LAKES OIL NL (15 June 2000)

NORTH SEASPRAY-3

Lakes Oil N.L. ("Lakes") wishes to announce that, as at 6 am this morning, Wednesday 14 June, 2000, the North Seaspray-3 well remained at a depth of 1104 metres. Following installation of newly arrived parts for the rotating blow out preventer, the well is now unloading drill fluids. The blowout preventer, however, still requires further replacement parts and, much to the annoyance of Lakes Oil, these parts must be installed prior to drilling out into the target sands.

We are awaiting advice as to when these additional parts will be available and we anticipate that drilling out will now take place late today.

For further information, click here

MOLOPO AUSTRALIA NL (15 June 2000)

The Directors announced that the LW-L1 well, at the Company's Liulin coalbed methane project in China, has reached total depth. The well will now be cased and prepared for fracture stimulation, which will occur after the drilling of LW-L2 and LW-L3 wells. The target seam 8 was intersected as prognosed at a depth of 664-673 metres.

Spudding of the LW-L2 well is expected to commence after geophysical logging of LW-L1.

MOUNT BURGESS GOLD MINING COMPANY NL (15 June 2000)

Mount Burgess are continuing their daily on-market share buy back programme.

For company information, click here

MOUNT BURGESS GOLD MINING COMPANY NL (15 June 2000)

EXPLORATION - TSUMKWE DIAMOND PROJECT, NAMIBIA

In the Quarterly Report for the quarter ended 31 March 2000 the Company announced the recovery of a >1mm macrodiamond and indicator minerals comprising 237 pyrope garnets and 3 picro-ilmenite grains from a total of 127 loam samples collected within the Tsumkwe project area.

Subsequent electron microprobe analysis of 168 of the pyrope garnets confirmed all to be peridotitic in origin. Five of the garnets were classified as G10 (from Dawson and Stephen’s 1975 garnet grouping methodology) and 163 reported to the G9 group.

For further information, click here

PACIFIC ENERGY LIMITED (15 June 2000)

Pacific Energy Limited announced it will be holding its ANNUAL GENERAL MEETING on the 14th July 2000 at 4 PM at the Royal Automobile Club of Australia, Level 2, The Phillip Room, 89 Macquarie Street Sydney, NSW.

PACMIN MINING CORPORATION LIMITED (15 June 2000)

Pacmin Mining are continuing their daily on-market share buy back programme.

QUEENSLAND METALS CORPORATION LIMITED (15 June 2000)

Notice is given that a general meeting of the Shareholders of Queensland Metals Corporation Limited will be held at The Heritage Hotel, cnr Edward and Margaret Streets, Brisbane, at 9.00 am on 14 July 2000.

UNION CAPITAL LIMITED (15 June 2000)

Union Capital Limited announce that it's wholly owned subsidiary, Union Technologies Limited, has entered into a "Heads of Agreement" to acquire a 50% interest in Brisbane based e-mail advertising company "JAB Creative.com Pty Ltd" for a cash injection of $3 million into JAB over a likely 10 month period, plus the issue of 4 million shares in Union to be issued to JAB's existing major shareholder.

WEST OIL NL (15 June 2000)

Norwest Energy NL advise Puffin 5 located in AC/P22 within the Timor Sea is in the process of being suspended as a potential oil producer. It is expected that the operator will propose drilling a further appraisal well into the Puffin Oil Field this year.

This oil accumulation is additional to and separate from the located in the vicinity of Puffin 2. Originally drilled in 1974, Puffin 2 flowed 4608 barrels of oil per day during a drill stem test.

ANGLOGOLD LIMITED (14 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Convertible debentures (AGGAO) issued/cancelled in accordance with the rules of the Anglogold Share Incentive Scheme
Number of securities to be issued
Issued 10,000
Cancelled (14,000)
Total (4,000)
Issue price of the securities
2,000 issued at SAR266.00,
2,000 issued at SAR276.00,
2,000 issued at SAR288.00,
2,000 issued at SAR305.00,
2,000 issued at SAR314.00
per debenture issued)
Purpose of the issue
Debentures issued/cancelled in terms of the Anglogold Share Incentive Scheme

ANGLOGOLD LIMITED (14 June 2000)

Downer Group Limited today announced that its mining division Roche Mining has been awarded a $300 million contract by AngloGold Australasia Limited. This brings Roche's success in winning new mining contracts to over $800 million so far this year.

The awarding of the contract coincides with AngloGold's plans to expand the recently acquired Sunrise Dam operation located in Western Australia's northern goldfields.

ASHANTI GOLDFIELDS COMPANY LIMITED (14 June 2000)

Accra - Ashanti's Geita mine in Tanzania has poured its first gold more than three months ahead of schedule. Weighing more than six kilograms, this gold pour was achieved in less than 12 months after the first concrete pour. The mine, which is currently being commissioned, is scheduled to be opened formally on August 3.

ALLIED MINING & PROCESSING LIMITED (14 June 2000)

Further to our announcement dated 7 April 2000, we wish to inform you that the Company's shares are now traded on the Frankfurt Stock Exchange "FSE" as well as electronic trading "ETR".

Information on the European trading activities in Allied shares can be obtained from Bloomberg and Deutche Bank as well as a number of German Internet stockbrokers.

AUSTRALIAN GAS LIGHT COMPANY (14 June 2000)

Mr Len Bleasel, Managing Director of AGL, today announced a net cash settlement of $754 million and an abnormal profit, after restructuring costs and tax, of $156.8 million.

The Australian Pipeline Trust paid a total of $1.238 billion for AGL's pipeline assets.

Included in the calculation of the abnormal profit is a special provision of $61.5 million relating to the restructuring of the gas transportation agreement for haulage of natural gas through the Moomba to Sydney pipeline system.

AUSTRALIAN PIPELINE TRUST (14 June 2000)

AUSTRALIAN PIPELINE TRUST CLOSES OVERSUBSCRIBED

The Australian Pipeline Trust today confirmed investors have demonstrated strong demand for units in the Trust with the offer being oversubscribed.

The Australian Pipeline Trust allocated 244 million units at a final price of $2.00 per unit, raising $488 million.

AUSTRALIAN PIPELINE TRUST (14 June 2000)

Australian Pipeline Trust was admitted to the Official List of Australian Stock Exchange Limited on 13 June 2000.

Official Quotation of the following securities will commence on deferred settlement basis at 2.00 pm EST on Tuesday, 13 June 2000.

244,000,000 Units fully paid

ASX Code: APA

AUSTRALASIAN GOLD MINES NL (14 June 2000)

AUSTRALASIAN MOVES TOWARDS DALGARANGA TANTALUM DEVELOPMENT

POSITIONED TO TAKE ADVANTAGE OF STRONG TANTALUM MARKET

Australasian Gold Mines NL has taken a significant step towards developing its Dalgaranga and Tantalus tantalum projects in Western Australia after commencing a study on the establishment of a pilot-scale mining operation and gravity separation treatment plant as a prelude to a larger scale development, possibly early next year.

A full-scale development will position the Perth-based Company to become a significant new player in the tantalum market, which has been growing strongly in line with world economic growth - particularly the communications and technology sectors.

AURORA GOLD LIMITED (14 June 2000)

MINING COMMENCES AT PBH PIT AS ILLEGAL MINERS CLEARED

Aurora's Chief Operating Officer-Indonesia, Mr Joe Ariti announced today that clearance and removal from the area of illegal miners from the Company's Permata-Batu Badinding-Hulubai mining area at Mt Muro has been completed.

Mr Ariti said that government authorities, assisted by a task force of local villagers re-established access to the PBH complex on 9 June and mining activities commenced on 11 June.

AMX RESOURCES LIMITED (14 June 2000)

The Company wishes to announce that it has appointed Mr Frank Walter as joint Company Secretary. Mr Walter is based in Sydney but will work closely with Mr Geoff Brayshaw.

This appointment is effective immediately.

BROKEN HILL PROPRIETARY COMPANY LIMITED (14 June 2000)

BHP announced today Frank Blount will resign from the Board effective 1 July 2000.

Mr Blount, a BHP Director since March 1999, has been appointed Chairman and CEO of Cypress Communications Inc, a telecommunications company based in Atlanta, United States.

CAPRAL ALUMINIUM LIMITED (14 June 2000)

Capral Aluminium today announced that it had entered into an agreement on 10 June 2000 with VAW Kurri Kurri Pty Ltd, a wholly owned subsidiary of VAW aluminium AG, to sell its smelting operations located at Kurri Kurri in New South Wales.

The sale is expected to realise $490 million (equivalent to $2.38 per share) in value for Capral Aluminium shareholders. The total expected value to be realised from the sale of assets and release of working capital will be approximately $464 million, and the transaction entities Capral Aluminium to the net cash flow to 16 October 2000, projected to be in the vicinity of $26 million.

CENTRAL KALGOORLIE GOLD MINES NL (14 June 2000)

We refer to our announcements of the 14th April 2000 and 14th May 2000 regarding Spool Media Pty Ltd (Spool Media) and now advise that the board of CKGM has been granted, by Spool Media, an extension of the exclusive period to negotiate on the acquisition of that company for a further 30 days through to the l3th July 2000. The extension may be shortened by CKGM on satisfactory completion of the negotiation process.

CENTAUR MINING & EXPLORATION LIMITED (14 June 2000)

Cawse Nickel Operations achieved another record month of metal production in May 2000 and cash operating costs continue to improve.

COBRA RESOURCES LIMITED (14 June 2000)

Cobra Resources Ltd on Tuesday announced that it had reached agreement, through its wholly owned subsidiary, Cob.Web Solutions, to take two options to purchase the Internet-based mining information and services portal business established by Mining e-Trade Pty Ltd for a combination of cash and shares.

Cobra has for some time been seeking entry into established cash flow generating online businesses to complement its existing mining and technology interests, and Mining e-Trade promises to deliver substantial profits to Cobra shareholders.

* Cobra will pay $10,000 for a 30 day option ("First Option").

* On exercise of the First Option Cobra will acquire 25% of the share capital of Mining eBiz.Com Pty Ltd ("MBC") by paying $190,000 to MBC and the shareholders of MBC and issuing 3,000,000 shares in Cobra to the shareholders of MBC.

* Cobra may then acquire a further 25% by injecting $500,000 into MBC substantially by the subscription for shares in MBC.

* Cobra will initially be entitled to appoint 2 members of a 5 member board of MBC, and 3 of 6 when Cobra acquires 50% of MBC.

* Cobra has a Second Option for a period of 15 months after the exercise of the First Option to acquire the remaining 50% equity in MBC based on the greater of 50% of the revenues generated over a 6 month period prior to the exercise of the Second Option, or $500,000. The consideration may be satisfied by a combination of shares and cash.

COEUR D'ALENE MINES CORPORATION (14 June 2000)

Coeur d'Alene, Idaho, June 9, 2000 - Coeur d'Alene Mines Corporation (NYSE: CDE) today announced that the cash tender offer for its 6% Convertible Subordinated Debentures due 2002 expired at Noon yesterday as scheduled. The tender offer commenced on May 9, 2000. A total principal amount of $7,001,000 was tendered by Debenture holders and will be purchased by the Company at a price of $720 per $1,000 principal amount.

CREST MAGNESIUM NL (14 June 2000)

In the prospectus released to shareholders on June 1 of this year it was advised that Crest was in advanced negotiations with a senior figure in the international magnesium industry with a view to engaging that person on a full-time basis.

Since the date of printing the prospectus, there has been a significant progression of negotiations with the person in question and it is likely that a formal contract will be signed around mid July 2000.

DIORO EXPLORATION NL (14 June 2000)

Class of securities to be issued
Fully Paid Ordinary Shares 31/01/2004 Listed Options exercisable at 20 cents
Number of securities to be issued
Up to 108,277,607 Shares
Up to 108,277,607 Options
Issue price of the securities
5(1/2) cents per Share and Free Attaching Option
Purpose of the issue
Working capital for ongoing exploration and development of Mungari Gold Project, exploration and development of Kimberley and Ellendale Diamond Areas, plus corporate costs.
Ratio in which the securities will be offered
1 New Share and 1 Free Attaching Option for every Two Fully Paid Ordinary Shares

EAGLE BAY RESOURCES NL (14 June 2000)

Notice is hereby given that a General Meeting of Eagle Bay Resources NL will be held at 1st Floor, 14 Outram Street, West Perth, Western Australia on Wednesday, 12 July 2000 at 10.00 am.

ESMERALDA EXPLORATION LIMITED (14 June 2000)

AURUL TO RECOMMENCE OPERATIONS AT BAIA MARE

Aurul S.A. is to recommence its tailings retreatment project at Baia Mare on 13 June, 2000, having received approval from the Romanian government and environmental authorities and strong local support.

FLETCHER CHALLENGE LIMITED (14 June 2000)

Fletcher Challenge would meet its obligations under the Securities Amendment Act in respect of legal action over insider trading by former Chairman Kerry Hoggard, if leave was granted by the High Court, the company's Board said today. Two shareholders, Catharine Franks and Roger Kerr, have said they will apply in the High Court tomorrow morning for leave to take action against Mr Hoggard.

Fletcher Challenge Chairman, Roderick Deane said the company had acted decisively at the time seeking both full reparation for shareholders and accepting Mr Hoggard's resignation.

FLETCHER CHALLENGE LIMITED (14 June 2000)

Fletcher Challenge Energy today announced that testing has begun on the first of two planned Drill Stem Tests (DST-1 36,14 metres to 3,632 metres along hole) in the Pohokura-2 well.

The well was perforated at 10.00 am on Sunday June 11th and at 7 am on Monday June 12th gas was flowing to surface. Following cleanup and stabilisation the well was shut in overnight and today has been opened up to conduct multi-rate flow tests. These tests will be followed by a 12 hour build-up test later today. The preliminary results of DST-1 should be available tomorrow.

FRONTIER PETROLEUM NL (14 June 2000)

Frontier Petroleum NL announces that the General Meeting of the Company was held today. All resolutions placed before the members were carried by a majority of members present.

The Company anticipates that settlement with Receivables Management Group Limited will take place early next week.

GIANTS REEF MINING NL (14 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary fully paid shares and 30 June 2004 options
Number of securities to be issued
Approximately 58,564,640 Shares and Options
Issue price of the securities
$0.04 per Share and Free attaching Options.
Purpose of the issue
Funds raised from the Entitlement Issue will be used principally to:
* Finance the Company's continuing drilling and other exploration activities aimed at discovering high grade gold (and copper) deposits on its 100% owned tenements during the next18 months.
* Provide general working capital
Ratio in which the securities
One Share for every three will be offered existing Shares held. For every new share subscribed for and issued one option will be granted free.

For further information, click here

GONDWANA RESOURCES NL (14 June 2000)

The Annual General Meeting of the Company's members was held today. All resolutions put to the members were approved.

HORIZON ENERGY INVESTMENT GROUP (14 June 2000)

We wish to advise that for regulatory reasons, Ian Kay has resigned as a director of Horizon Energy Investment Limited but will be an alternate director for Wallace Richard Sheppard.

Ian Kay remains as a director of Horizon Energy Investment Management Limited and Horizon Energy Investment No 2 Pty Limited.

ILUKA RESOURCES LIMITED (14 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary 50 cent shares
Number of securities to be issued
1,000
Issue price of the securities
$3.10
Purpose of the issue
1,000 shares issued pursuant to the exercise of 1,000 options issued under the Iluka Resources Employee Incentive Option Scheme

JUBILEE MINES NL (14 June 2000)

Jubilee Mines NL has underpinned continued exploration and feasibility studies on its Cosmos Deeps nickel discovery through a A$5.2 million placement to Inco Limited of Canada, while further cementing its relationship with the nickel giant through an off-take agreement covering future production from the new deposit.

Jubilee announced today (Tuesday) it had placed 4 million shares to Inco at a price of A$1.30 per share, representing a premium of 14% on Friday's closing price for Jubilee shares of A$1.14 (ASX:JBM).

JUBILEE MINES NL (14 June 2000)

Jubilee has received the analytical results from JCD113 and JCD114, the recently completed diamond core holes in the Cosmos Deeps nickel sulphide deposit. These holes intersected several zones of massive, semi-massive and stringer mineralisation. Results, using a cut-off grade of 1.0% nickel, are:

JCD113 (6944780mN / 261080mE; -60 deg / 270 deg)
3.6% Ni over 3.65m from 645.3m
7.2% Ni over 0.55m from 665.6m
12.3% Ni over 3.2m from 681.3m

JCD114 (6944620mN / 260980mE; -60 deg / 270 deg)
5.3% Ni over 2.95m from 549.45m
9.0% Ni over 0.8m from 571.7m

These two drill holes are located on the northernmost and southernmost sections drilled into the deposit to date. Adjacent to and within these intersections are zones of disseminated and stringer sulphide mineralisation which contain nickel grades in the range 0.5 - 1.0% Ni.

Further diamond drilling is continuing to test the extensions and the internal continuity of the Cosmos Deeps deposit.

KAGARA ZINC LIMITED (14 June 2000)

Kagara Zinc Ltd is pleased to provide the following update on the feasibility study at the Mt Garnet deposit.

The emphasis since the last report has been on infill drilling on a 20 metre by 25 metre pattern within the top 80 metres of the deposit representing the first 2 years of production at 500,000 tonnes per year.

Since the last report 34 reverse circulation holes have been completed for which assays have been received for 26 holes. Nine of these were drilled as part of a sterilisation programme beneath the proposed tailings dam area and two were drilled in the oxide zone above the ore body. The remaining 15 infill holes for which assays have been received are tabulated below.

In addition, 8 diamond drill holes have been completed. Four of these were drilled to provide geotechnical information in the vicinity of the proposed open pit margins. The remaining four were either infill holes or exploration holes which are tabulated below.

The results received to date have confirmed the continuity and grades within the deposit and returned intersections including 30 metres at 11.66% zinc in GTR16, 29 metres at 10.32% zinc in GTR 37 and 7.6 metres at 19.08% zinc in GTD 73. Horizontal widths of all intersections approximate 70% of drilled widths.

KURNALPI GOLD NL (14 June 2000)

Rene Rivkin decreased his relevant interest in Kurnalpi Gold NL on 09/06/2000, from 2,145,000 ordinary shares (14.967%) to 925,093 ordinary shares (6.454%).

LAKES OIL NL (14 June 2000)

Lakes Oil N.L. wishes to announce that, as at 6 am this morning, Tuesday 13 June, 2000, the North Seaspray-3 well was at a depth of 1104 metres and waiting on parts to repair the rig. This delay has been brought about by a breakdown in the rotating blow out preventer. It is unlikely that it will be possible to drill out for at least 24 hours. Parts are being air freighted in from Perth and will need to be fitted prior to commencement of air drilling into the target sands. 7 inch casing has been set at 1103.8 metres thus sealing off the potentially troublesome Latrobe Formation coal section.

This delay, although annoying and costly, does not effect our planned test of the Lower Golden Beach sands, which flowed gas to surface in the North Seaspray-1 well drilled in 1962. It is anticipated that drilling will recommence late tomorrow (Wednesday).

For further information, click here

MINCOR RESOURCES NL (14 June 2000)

HIGHLIGHTS

1.1 Mincor has elected to further postpone the drilling programme at its Sabeto Licence in Fiji.
1.2 Mincor's next drilling is conditionally planned as follows:
Exploration drilling of gold targets:
* Geita Project, Tanzania, July-August 2000;
* Bankole Project, Guinea, October-November 2000;
Resource drilling (copper):
* H4 Project, Reko Diq, Pakistan, September 2000.
1.3 Australian-focused business development activities continue.
1.4 Mincor is an active and well-funded exploration company with an exclusive focus on mineral resources in the "real" economy.

MOUNT BURGESS GOLD MINING COMPANY NL (14 June 2000)

Mt Burgess are continuing their on-market daily share buy back programme.

For company information, click here

MURRIN MURRIN INVESTMENTS LIMITED (14 June 2000)

The Murrin Murrin Investments Limited - $0.20 Unsecured Notes (ASX Code: MRRHA) will be suspended from quotation immediately following advice from Murrin Murrin Investments Limited that the Notes will be redeemed. Redemption of the Notes is pursuant to the terms of the Unsecured Notes Trust Deed.

Security Code: MRRHA

NORWEST ENERGY NL (14 June 2000)

Norwest advises that the AC/P-22 Joint Venture Operator, Alberta Energy Corporation (AEC), is proposing that Puffin-5 will be suspended as a potential oil producer.

Initial test results indicate that the joint venturers have discovered a high quality oil reservoir. Core samples, log data and preliminary drill stem test results indicate that the reservoir is highly permeable and may be very productive. The drill stem test had to be terminated earlier than expected due to mechanical difficulties and production testing equipment not being on site to control the unexpected sand production from unconsolidated sand in the reservoir. While the drill stem test flowed oil to surface, no stabilized production flow rate data was obtained. Wireline logs indicate a total of 9 meters of net oil pay in the well. AEC is assessing plans to drill an appraisal well in the late third or fourth quarter of 2000 to confirm the commercial viability of the discovery.

NORWEST ENERGY NL (14 June 2000)

Operator AEC announced today an oil discovery at Puffin-5 in West Oil's AC/P22, Timor Sea, Northwest Shelf of Western Australia. It is proposed that Puffin-5 will be suspended as a potential producer but because of the seismically defined extent of the field, AEC is already assessing plans to drill an appraisal well in the late third or fourth quarter 2000 to the southwest of Puffin-5.

West Oil's remapping of the structure calculated using information gathered from the Puffin-5 well including velocities and porosities shows that the Updip structure potentially contains up to 55 million barrels of oil recoverable.

OIL SEARCH LIMITED (14 June 2000)

Portfolio Partner Limited increased its relevant interest in Oil Search Limited on 09/06/2000, from 50,552,103 ordinary shares (9.62%) to 72,108,221 ordinary shares (12.51%).

OIL SEARCH LIMITED (14 June 2000)

Participating Organisations are advised that the Oil Search Limited ordinary shares issued on conversion of the 1998 Converting Preference Shares (ASX Code: OSHPA) will commence quotation on Australian Stock Exchange Limited on 14 June 2000. Circular number 281/2000 had previously indicated quotation of the ordinary shares would commence on 15 June 2000.

OXIANA RESOURCES NL (14 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Options
Number of securities to be issued
75,421,800
Issue price of the securities
1.5 cents per share
Purpose of the issue
Working Capital purposes

PERSEVERANCE CORPORATION LIMITED (14 June 2000)

Melbourne Square Pty Ltd* increased its relevant interest in Perseverance Corporation Limited on 06/06/2000, from 5,143,089 ordinary shares (10.91%) to 8,143,089 ordinary shares.

* and Melbourne Plaza Pty Ltd, Melbourne Light Pty Ltd, Bruno Grollo and Adam Grollo

PILBARA MINES LIMITED (14 June 2000)

In order to deal with recent speculation regarding Pilbara Mines Ltd and its subsidiary, Request DSL Pty Ltd (Request DSL), Pilbara confirms that Request DSL is currently in negotiations with Cisco Systems (Australia) Pty Ltd (Cisco) regarding investment in Request DSL. The nature, form of, and terms of any such investment have not been agreed, and there is no assurance that such terms will be agreed.

PRIMA RESOURCES LIMITED (14 June 2000)

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Members of Prima Resources Limited will be held on Wednesday 12th July 2000 at 11.00 am, at the Celtic Club, 48 Ord Street, West Perth, Western Australia.

RED BACK MINING NL (14 June 2000)

The fourth Red Back drilling program at Chirano was completed in May.
Sixty holes (CHRC 177 to 236) were completed for a total of 5992 metres. The drilling was chiefly infill rather than exploratory in nature. The main aim was to improve the Company's understanding of the structure of the deposits and to lift the level of confidence in the defined resources. Overall total metres drilled to date at Chirano is 23,747 metres.

Resource Service Group is currently using the new drill results to update the Chirano resource inventory. The RSG model and pit optimisation due for completion in early July, forms part of the Chirano pre-feasibility study designed to identify the optimum development path for Chirano.

Suraw is the most southerly of the Chirano deposits. New drilling here was concentrated on infilling the high grade core of the deposit. The new work confirmed that the lode is thin by Chirano standards, but of unusually high grade with individual assays up to 18 g/t in the new holes. The best new intersection is 20 metres at 4.75g/t in CHRC 179, including 5 metres at 12.32g/t.

Akoti South, 500 metres north of Suraw, is a small but strong gold in soil anomaly, which had previously been tested by only two drill holes. The best new result (15 metres at 2.0g/t) lies 25 metres north of an earlier intercept of 21 metres at 1.09g/t. Deeper drilling is needed here.

At Akoti North the new drilling confirmed that the structure and grade distribution is well understood, and delivered thick intersections of good grade comparable to previous results. The best new intersection is 57 metres at 4.85g/t in CHRC 235. The vertical plunge of the deposit was confirmed, and it remains open at depth.

The new holes at Akoti Extended confirmed that there are two lodes side by side. The presence of a steeply plunging high grade shoot was confirmed, (24m at 6.46g/t including 9m at 12.50g/t in CHRC 208) and the mineralisation was traced to a vertical depth of 100 metres.

Immediately along strike to the north of Akoti Extended two new holes at Paboase gave encouraging intersections, the best being 19 metres at 5.97g/t in CHRC 210, including a best assay of 25.8g/t. The strike and dip of the Paboase mineralisation is now clear for the first time, and further drilling can now be tackled with confidence.

Intensive new drilling at Obra was designed to increase confidence in the resource and more accurately define small high grade shoots within the lode. The results have not been fully assessed, but include numerous very thick intersections ranging up to 76 metres at 2.26g/t in CHRC 218.

Sarlehu is the most northerly prospect drilled to date. New drilling along strike to the north and south gave only weak intersections. Three new holes within the deposit returned results comparable to previous programs.

A single hole tested a dipole-dipole induced polarisation anomaly west of Akoti Extended. CHRC 236 intersected 10 metres at 6.75g/t. This intersection is 25 metres north of the only previous hole into this geophysical anomaly (which intersected 4 metres at 5.32g/t). Further drilling here is a high priority.

Elsewhere, known mineralisation at Chirano has been discovered by drilling beneath significant >0.5g/t gold in soil anomalies. There is only a small soil geochemical anomaly over this new lode, and the drill results demonstrate the potential of geophysics for finding new buried deposits at Chirano. The results also add to other evidence that there are multiple parallel lodes within the structural jog between Tano and Akoti North area. The host granite here thickens from the usual 50 to 100 metres width to as much as 600 metres. This large mass is divided by many thin screens of mafic rock and these seem to be an important factor in controlling the occurrence of the gold deposits.

So far only three dipole-dipole traverses have been done in the entire area and further geophysical traverses particularly in the 2km long Tano-Akoti North jog are clearly warranted.

Current exploration is focussing on tracing and sampling the Chirano and Bibiani shear zones throughout the concession to identify additional drilling targets.

RIMFIRE PACIFIC MINING NL (14 June 2000)

Acquisition of 290 line kilometres of high definition ground magnetics has been completed over the Nareena Anomaly at Bingara, NSW. The survey was conducted by Geophysical Technology Limited of Armidale.

Initial evaluation indicates that the data provides excellent definition of rock units and structure with at least two pipe like features recognisable. Internal variation within the pipes is also evident. It is noted by GTL that "the source extends to depth and is not simply a flow residual". Further interpretation and modelling of the data is now under way.

The result of this survey further enhances the prospectivety of this pipe and follows from the positive indicator mineral results received from stream sampling. A heavy rare earth element analysis of garnet grains from the anomaly is currently underway and being supervised by Dr B J Barron.

ST BARBARA MINES LIMITED (14 June 2000)

St Barbara Mines Limited and Taipan Resources NL plan to merge, establishing a platform for the development of Taipan's exciting Ashburton gold project (Paulsens) and further growth under the management team responsible for successfully revitalising St Barbara over the past twelve months.

The merged group will be named Consolidated Mines Limited, with the merger being completed through a Scheme of Arrangement whereby St Barbara shareholders will receive three Taipan shares for each St Barbara share they hold. St Barbara's and Taipan's existing fully paid shareholders will emerge with 76.9% and 23.1% of Consolidated Mines respectively.

SHIELD EQUITIES LIMITED (14 June 2000)

Notice is given that a general meeting of members of Grenfell Resources NL ACN 009 178 689 ('Company') will be held at the registered office, Level 20, 459 Collins Street, Melbourne, Victoria 3000 on Friday, 30 June 2000 commencing at 10.30am. For details, click here.

HARDMAN RESOURCES NL (10 June 2000)

The Philippines National Oil Company (PNOC), as operator of the Aparri Basin GSEC 84 Joint Venture has advised that at 6.00am, 8 June 2000, (Philippines time) 31 days after spudding, the Fuga 1 exploration well had reached a depth 1,796 metres. Plug and abandon operations have commenced as the deepest Early Miocene target zone has been penetrated with no hydrocarbon shows.

HALLMARK GOLD NL (10 June 2000)

John W Barr & Marlene F Barr increased their relevant interest in Hallmark Gold NL on 02/06/2000, from 3,318,167 ordinary shares (6.6%) to 3,418,167 ordinary shares (6.8%).

HERON RESOURCES NL (10 June 2000)

RESOURCE DEFINITION DRILLING AND MINING ASSESSMENT, GOONGARRIE NICKEL PROJECT

1. GOONGARRIE SOUTH, RC DRILLING RESULTS

Heron Resources NL has continued to receive significant drill results from the Goongarrie Nickel Project. Ongoing drilling at the Project is returning exceptionally high grade intercepts of nickel and cobalt mineralisation, between vertical depths of 12 to 84 metres (still open at depth). Intercepts in the high grade Eastern Contact Zone include 34m at 1.36% Ni and 0.14% Co, 41m at 1.30% Ni and 0.11% Co, and 51m at 1.39% Ni and 0.24% Co.

These excellent results have facilitated the Company attaining the Inferred Mineral Resource milestone of 402 million tonne at 0.8% Ni and 0.06% Co, for 3.3 million tonne contained nickel (0.5% lower Ni cut-off grade). For comparison, at Cawse which is a successfully operating nickel laterite mine, the published resource is 275 million tonne at 0.7% Ni and 0.04% Co, for 1.9 million tonne contained nickel (0.5% lower Ni cut-off grade).

ICON OIL NL (10 June 2000)

New Issue Announcement

Class of securities to be issued
Ordinary
Number of securities to be issued
1,500,000
Issue price of the securities
15 cents each
Purpose of the issue
Issued as part consideration re Purchase & Sale Agreement with Bayou Choctaw Inc dated 30/01/2000 and approved by shareholders on 10/03/2000

For further information, click here

LAKES OIL NL (10 June 2000)

Lakes Oil N.L. wishes to announce that, as at 6 am this morning, Friday 9 June, 2000 the North Seaspray-3 well was at a depth of 1104 metres and running 178 mm intermediate casing.

Activity summary for 8 June 2000:

Reamed to bottom of the hole with a new bit, drilled to 1140 metres, ran wiper trip and pulled out of hole to run 178 mm casing.

During drilling gas shows of up to 6 units (methane with small percentages of ethane and propane) were recorded from 1045 to 1104 metres.

A maximum of 26 units of trip gas was recorded during the wiper trip.

Anticipated next 24 hours:

Run and cement 178mm intermediate casing prior to drilling out to target zone. It is anticipated that this will occur over the weekend.

For further information, click here

LION SELECTION GROUP LIMITED (10 June 2000)

Pursuant to Listing Rule 4.12 we hereby advise that the unaudited net tangible asset backing (excluding equity accounting adjustments) of Lion Selection Group Limited as at 31 May 2000 was $1.15 per share.

METEX RESOURCES NL (10 June 2000)

We have today completed the allotment and issue of the one (1) for five (5) free bonus option issue to shareholders registered as at 5:00p WST 7 June 2000.

We advise that a total of 15,771,739 New Options were issued exercisable at 20 cents per share on or before 30 June 2004.

MOUNT BURGESS GOLD MINING COMPANY (10 June 2000)

Daily Share Buy-Back Notice - the remaining number of shares to be bought back - 4,594,707.

For additional information on Mount Burgess, click here.

NIDO PETROLEUM (10 June 2000)

Nido announced that the Fuga Island-1 well is being plugged and abandoned. The well penetrated the deepest Early Miocence target zone with no hydrocarbon shows. The well reached a depth of 1,796 metres.

NORTH LIMITED (10 June 2000)

North announced that it had entered a strategic alliance with the North American based miner, PolyMet Mining Corporation.
The project known as NorthMet, encompasses an extensive base and platinum group metals deposit in north-eastern Minnesota. The resource was first identified in the late 1960's primarily as a copper and nickel deposit, however in recent years, the additional platinum and palladium potential of the ore-body has started to become evident.

"North has initially agreed to contribute US$500,000 as the start of a staged arrangement with Polymet," Mr Broomhead (MD) said.
"This financial commitment will enable North to assess the pilot plant processing program and associated issues. North then has the option to proceed to the next stage of the project," Mr Broomhead said.

OIL SEARCH LIMITED (10 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary
Number of securities to be issued
50,725,790
Issue price of the securities
Issued on conversion of 1998 CPS
Purpose of the issue
Conversion of the 1998 converting preference shares.

OXIANA RESOURCES (10 June 2000)

The Board has decided to proceed with a proposal to offer all Oxiana June 30th 2000 optionholders a new option.
The offer is to be made to all holders of Oxiana options expiring on 30 June 2000 (ASX code OXRO) on a one for one basis. Each new option would be convertible into one Oxiana ordinary share at 25 cents per share on or before 30 September 2002. The offer will be priced at 1.5 cents per option and will be fully underwritten by Melbourne based broker Peake Lands Kirwan Pty Ltd. The options are proposed to be listed, subject to ASX Listing Rules on terms consistent with the options included in the recent placement announced on the 30 May 2000.
Net funds raised of approximately $1m will be applied to the Company's working capital requirements.

PANCONTINENTAL OIL & GAS NL (10 June 2000)

The Philippines National Oil Company, as operator of the Aparri Basin GSec 84 Joint Venture has advised that at 6.00am, 8 June 2000, (Philippines time) 31 days after spudding, the Fuga 1 exploration well had reached a depth of 5,892 feet (1,796 metres). Plug and abandon operations have commenced as the deepest Early Miocene target zone has been penetrated with no hydrocarbon shows.

Pancontinental Oil & Gas NL has a fully carried interest of 6.875% through the drilling, evaluation, completion and testing of this exploration well which has an estimated dry hole cost of US$3.4 million (US$4.3 million tested).

TAP OIL NL (10 June 2000)

Tap Oil NL advised that the Tanami-5 appraisal well spudded at 18.00 hours on 8 June 2000.

LOCATION
The well is located in TL/6, 2 kilometres south of Varanus Island at latitude 20deg40'25.08"S and longitude 115deg35'02.40"E.

PROGRESS
As at 6.00am today, the well has drilled ahead to 52 metres measured depth and will continue to drill ahead to the planned total depth of 2,108 metres measured depth (1,901 metres true vertical depth).

TAP COMMENT
The Tanami-5 well will test the southern extension of the existing Tanami Oil Field. The well is expected to take 8 days to reach the target Flag sandstone reservoir. Should the well be successful, mean recoverable reserves are estimated to be 7.7mmbls.

The next well to be drilled, Tanami-4, which is designed to test the western extension of the Tanami Field, is currently being spudded. In order to effect drilling cost savings, the Tanami-4 and Tanami-5 wells will be drilled in tandem by the same rig, at the same surface location, whereby the same hole section is drilled consecutively in each well.

I would like to bring you up to date with the encouraging progress now being achieved at the Beaconsfield Mine.

While implementation of the plan to bring the ore treatment plant up to design production is ongoing, gold production for the month of May rebounded strongly. All four of the primary bacterial oxidation tanks became operational in May, the first time since January, following repairs to the agitator blades and gearboxes. Significant increases in oxidation levels and gold recovery from the cyanide leach section of the plant have subsequently occurred, with further improvements expected in coming months. The gravity recovery section of the plant has continued to perform well.

For further details, click here

BEACH PETROLEUM NL (9 June 2000)

Beach Petroleum advises as follows: This afternoon the Operator has reported that at 0800 hours on 8 June 2000, Taipan-1 had reached a depth of 6663 feet (2031 metres) and was drilling ahead within Basal Jurassic sandstones. Some traces of fluorescence have been reported, principally from within Basal Jurassic section and to a lesser extent from the Hutton Sandstone.

BROKEN HILL PROPRIETARY COMPANY LIMITED (THE) (9 June 2000)

BHP Iron Ore today welcomed the Federal Court's decision preventing unions from taking industrial action at its Pilbara, Western Australian, iron ore operations until the outcome of the main Court trial which commences on 27 June 2000.

The trial will determine whether or not BHP has acted illegally in making the offer of individual contracts to its Pilbara workforce.

CENTENNIAL COAL COMPANY LIMITED (9 June 2000)

Centennial is pleased to announce that Cook Colliery, which is located in Central Queensland, has been awarded a further one year contract for the supply of 300,000 tonnes of thermal coal to Stanwell Power Station, which is situated approximately 30 km west of Rockhampton.

CITYVIEW ENERGY CORPORATION LIMITED (9 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary fully paid shares
Number of securities to be issued
900,000
Issue price of the securities
$1.00
Purpose of the issue
400,000 shares are issued pursuant to Listing Rule 7.1 of the Australian Stock Exchange Limited. 500,000 shares are issued as payment for marketing services rendered and pursuant to shareholder approval at the Annual General Meeting held on 31 May 2000.

CITYVIEW ENERGY CORPORATION LIMITED (9 June 2000)

CityView Corporation Limited is pleased to advise that approval has been granted for Sands Solutions Middle East to operate in Dubai Internet City. Office space has been allocated in the first building to be completed within the City. At present, operations are being run from the office of Atlas Telecommunications.

The Board of CityView also advises that the application to the National Association of Securities Dealers Inc (NASD) for listing on the OTC Bulletin Board has now reached the review stage.

CONQUEST MINING NL (9 June 2000)

Further to the announcements made by Conquest Mining NL on 8 December 1999 and 3 March 2000 regarding an option to acquire all of the issued share capital in Durack Resources Pty Ltd (formerly Pentium Resources Pty Ltd), the Directors advise that all due diligence conditions have been met. Shareholder approval was obtained at a General Meeting held on 15 May 2000.

CRATON RESOURCES NL (9 June 2000)

Nieuport Pty Ltd changed its relevant interest in Craton Resources NL on 30/04/2000, from 3,371,454 ordinary shares (16.86%) to 6,207,793 ordinary shares (14.85%).

Martinick Holdings Pty Ltd increased its relevant interest in Craton Resources NL on 30/04/2000, from 1,622,291 ordinary shares (8.11%) to 4,000,000 ordinary shares (9.57%).

Corpserv Pty Ltd increased its relevant interest in Craton Resources NL on 30/04/2000, from 1,768,109 ordinary shares (8.84%) to 2,585,351 ordinary shares (6.18%).

Suparell Pty Ltd increased its relevant interest in Craton Resources NL on 30/04/2000, from 3,631,733 ordinary shares (18.16%) to 6,083,978 ordinary shares (14.55%).

Indi Holdings Pty Ltd changed its relevant interest in Craton Resources NL on 30/04/2000, from 1,249,212 ordinary shares (6.25%) to 2,215,616 ordinary shares (5.30%).

DELTA GOLD LIMITED (9 June 2000)

Delta Gold Limited has moved all mine personnel at its Gold Ridge mine in Solomon Islands to Honiara and has suspended operations at the mine. These measures have been taken following discussions between relevant authorities and the Company.

EAST COAST MINERALS NL (9 June 2000)

ELIZABETH HILL SILVER MINE: Munni Munni (Karratha, WA)

East Coast Minerals NL (ECM) 70% - Legend Mining NL (LEG) 30%

1. The Joint Venture Partners advise that an Underground Drilling Programme is scheduled to commence in a few days to optimise mining operations and delineate further ore reserves.

2. The primary target of this bout of exploration is a repeat pod of mineralisation similar to the one presently being mined.

3. Reconnaissance holes of up to 300 metres total length have been planned. Two additional, supplementary potential ore position have also been noted for evaluation.

4. Drilling results and any additional holes planned will be announced progressively, after all results and geological data have been properly evaluated.

5. Since beginning of April 2000, six shipments of silver concentrates totalling 46,783 kgs were sent to Rand Refinery in South Africa for refining and sale of silver. The estimated silver content is 10,176 kgs (327,178 ozs) of silver. During the same period other concentrates were sent to AGR Perth Mint for direct smelting, resulting in 774 kgs (24,874 ozs) of silver.

6. The Joint Venture also announces that the first round of selected tender submissions for the mine tailings re-treatment proposal (previously announced) being considered by the Joint Venture closes on 10th June 2000. The Joint Venture plans to select its option re-treatment shortlist by end June 2000, with a final decision being made towards the end of July 2000.

EXCO RESOURCES NL (9 June 2000)

Exploration drilling will commence this week at Exco's Mt Margaret project located 40 kilometres north east of Cloncurry in Queensland.

Mt Margaret contains the E1 copper-gold deposits with a combined mineral resource of 17 million tonnes at 0.83% copper and 0.22g/t gold using a cut-off grade of 0.3% copper.

The project also hosts 20 strike kilometres of the Mt Margaret Fault that is interpreted to be a major control over the E1 deposits and the Ernest Henry copper-gold deposit.

FLETCHER CHALLENGE LIMITED (9 June 2000)

Country : Canada
Block Area: Leduc
Well Name : 9-11-49-26 W4M
Objective : An Exploration well testing Basal Quartz Gas
Current Status : * Spud: 24/05/2000.
* Cased for Basal Quartz Gas.
* Rig Released: 02/06/2000.

Country : Canada
Block Area: Viking
Well Name : 11-26-35-5 W4M
Objective : A Development well testing Viking Gas
Current Status : * Spud: 30/05/2000.
* Cased for Viking Gas.
* Rig Released: 02/06/2000

Country : Canada
Block Area: Alliance
Well Name : 11-21-40-12 W4M
Objective : A Development well testing Viking Gas
Current Status : * Spud: 30/05/2000.
* Cased for Viking Gas.
* Rig Released: 31/05/2000.

Country : Canada
Block Area: Dry Lake
Well Name : 2-26-36-4 W4M
Objective : An Exploration well testing Dina Oil
Current Status : * Spud: 31/05/2000.
* Run abandonment plugs. D & A.
* Rig Released: 04/06/2000.

Country : Canada
Block Area: Riverbend
Well Name : 4-26-36-9 W4M
Objective : A Development well testing Colony Gas
Current Status : * Spud: 02/06/2000.
* Cased for Viking gas.
* Rig Released: 05/06/2000.

Country : Canada
Block Area: Wimborne
Well Name : 3-26-32-26 W4M
Objective : An Exploration well testing Glauconite Gas
Current Status : * Spud: 03/06/2000.
* Drilling ahead.

Country : Canada
Block Area: Wolf Creek
Well Name : 7-6-42-6 W5M
Objective : A Development well testing Ostracod Oil
Current Status : * Spud: 03/06/2000.
* Run surface casing and cement.
* Rig down for repairs.

Country : Canada
Block Area: Bart
Well Name : 14-6-40-15 W4M
Objective : An Exploration well testing Glauconite Gas
Current Status : * Spud: 06/06/2000.
* Drilling and survey ahead.

FRONTIER PETROLEUM NL (9 June 2000)

The Prospectus is now available regarding the restructure of the company and proposing a change of name to RMG Limited. Also including an offer of 3,000,000 shares, giving priority to employees of the businesses resident in Australia, to raise a maximum of $750,000.

IMPERIAL ONE LIMITED (9 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully Paid Ordinary
Number of securities to be issued
18,750,000
Issue price of the securities
18 cents per share
Purpose of the issue
As part consideration for the acquisition of a 90% interest in Ozsearch Internet Guide Pty Ltd - shareholders approval obtained on 18 May 2000.

KIMBERLEY DIAMOND COMPANY NL (9 June 2000)

Following numerous enquiries, Kimberley wishes to advise that each subscriber to the current Kimberley rights issue will receive an entitlement to securities in Whittle Technology Limited calculated on the amount their subscription bears to the total amount raised by Kimberley.

LAKES OIL NL (9 June 2000)

Lakes Oil NL wishes to announce that, as at 9.30 am this morning, Thursday 8 June, 2000 the North Seaspray-3 well was at a depth of 1055 metres and drilling ahead.

For further information, click here

NORWEST ENERGY NL (9 June 2000)

West Oil NL announces that as at 6:00am (CST) Monday, 8th June, Puffin 5 is at total depth of 2414m. The 7" liner has now been cemented and preparations for the test continue. On the current operations schedule it is likely that the test will begin on Sunday 11th June or Monday 12th June.

OIL COMPANY OF AUSTRALIA LIMITED (9 June 2000)

SUMMARY OF DRILLING

QUEENSLAND
WELL: Challum 18 DW1
TYPE: SWQ Unit Gas Development
LOCATION: PL 59, Aquitaine B Block, 1.25 km NE Challum 1 and 20kw W of the Ballera Gas Centre.
STATUS AT 08/06/2000 0600 HOURS: Drilling ahead. Current measured depth is 2412m, with 904m progress for the week.
PLANNED Challum 18 is a high angle well with two sub-horizontal lateral well bores designed to drain separate reservoirs in the Permian age Toolachee Formation. Challum DW1 is designated the lower lateral wellbore while Challum DW2 is designated the upper lateral wellbore.
TOTAL DEPTH: DW1 - 3,121m MD DW2 - 3,100m MD

WELL: Scotia 7
TYPE: Gas Appraisal
LOCATION: ATP 378P, Surat Basin, Queensland, 2.0km N of Scotia 4, and 125km NE of the Wallumbilla Gas Plant.
STATUS AT 8/06/2000 0600 HOURS: Scotia 7 has been cased and suspended as a future coalbed methane gas producer from the Baralaba Coal Measures. The well reached a total depth of 1,037m with 725m progress for the week. A Drill Stem Test conducted over the Baralaba Coal Measures (894m -864m) recovered 25m of rat hole mud. The rig was released on 7/6/00.
PLANNED TOTAL DEPTH: 926m

WELL: New Royal 7
TYPE: Oil Appraisal
LOCATION: PL 22, Surat/Bowen basin, 230m NW of Regatta 1, 21km WNW of the Surat Township.
STATUS AT 08/06/2000 0600 HOURS: New Royal 7 has been cased and suspended. The well reached a total depth of 1,545m with 1,378m progress for the week. The rig was released on 6/6/2000.
PLANNED TOTAL DEPTH: 1541 m

NORTHERN TERRITORY
WELL: West Mereenie 17
TYPE: Gas Development/Appraisal
LOCATION: PL 4, Mereenie Block, Amadeus Basin, 2.0km SE of West Mereenie 16, and approximately 230km W of Alice Springs.
STATUS AT 08/06/2000 0600 HOURS: Preparing to release rig having run production casing. The well reached a total depth of 1,286m with 16m progress for the week. An open hole flow test at total depth flowed gas to surface at a rate of 847,900 cubic metres per day (29.94 million cubic feet per day) through a 38mm orifice plate.
PLANNED TOTAL DEPTH: 1,414m

USA
WELL: Runnels 1
TYPE: Gas Exploration
LOCATION: Amerada 8 Prospect, Clopper Ranch Joint Venture, Matagorda County, Texas, USA.
STATUS AT 08/06/2000 0600 HOURS: Drilling ahead. The current depth is 3,356m with186m progress for the week.
PLANNED TOTAL DEPTH: 3,749m

WELL: Webb 1
TYPE: Gas Exploration
LOCATION: Suemaur Moore Prospect, San Patricio County, Texas
STATUS AT 08/06/2000 0600 HOURS: Drilling ahead. The current depth and progress for the week is 518m. The well spudded on 6/6/00.
DEPTH: 4,115M

OIL COMPANY OF AUSTRALIA LIMITED (9 June 2000)

New Royal No 7, an oil appraisal well situated approximately 230 metres northwest of Regatta No 1, latitude 27 deg 06 min 19.84 sec south, longitude 148 deg 52 min 27.07 sec east, was spudded at 01:00 hours on May 31, 2000. Surface casing was set at 163.4 metres R.T. The well reached a total depth of 1545 metres R.T. on June 4, 2000. The well was cased and suspended with the rig released at 12:00 hours June 6, 2000. At 0600 hours today the rig was being moved to Peat 9 well location. Progress for the week was 1378 metres.

The primary target of New Royal 7 was the showgrounds sandstone. The secondary targets were the intra moolayember formation and the basal evergreen sandstone.

ORIGIN ENERGY LIMITED (9 June 2000)

SUMMARY OF DRILLING

SOUTH AUSTRALIA
WELL: Moomba 110
TYPE: Gas Development
LOCATION: PPL 7, Moomba Block, 1.0km S of Moomba 93, 1.1km N of Moomba 50, and some 9km NW of the Moomba Gas Plant.
STATUS AT 08/06/2000 0600 HOURS: Moomba 110 has been cased and suspended as a future Permian gas producer. The well reached a total depth of 2602m with 560m progress for the week. The rig was released on 08/06/00 and is moving to Moomba 107, a Permian gas development well.
PLANNED TOTAL DEPTH: 2614m

WELL: Della 21
TYPE: Gas Development
LOCATION: PPL 15, Nappacoongee-Murteree Block, 600m N of Della 5A, 1km SW of Della 10, and some 50km E of the Moomba Gas Plant.

STATUS AT 08/06/2000 0600 HOURS: Della 21 has been cased and suspended as a future Permian gas producer. The well reached a total depth of 2012m with 1577m progress for the week. The rig was released on 07/06/00 and is moving to Toolachee West 1, a Permian gas appraisal well.
PLANNED TOTAL DEPTH: 2061m

WELL: Pondrinie North 2
TYPE: Gas Development
LOCATION: PPL 90, Merriemlia-Innamincka Block, 0.8km NNE of Pondrinie North 1, 1.3km NE of Packsaddle 3, and some 75km NE of the Moomba Gas Plant.
STATUS AT 08/06/2000 0600 HOURS: Running wireline logs at total depth. The well reached a total depth of 2392m with 728m progress for the week.
PLANNED TOTAL DEPTH: 2393m

PLACER DOME INC (9 June 2000)

Auridiam Consolidated NL is pleased to announce that its 75% owned subsidiary, Woodlark Mining Limited has now finalised and signed an Option Agreement with Misima Mines Limited (a subsidiary in the Placer Dome group of companies) which will allow Misima to focus on the potential development of the Woodlark Island Gold Project.

RANGER MINERALS LIMITED (9 June 2000)

Perpetual Trustees Australia Limited increased its relevant interest in Ranger Minerals Limited on 06/06/2000, from 4,837,892 ordinary shares (7.20%) to 5,543,119 ordinary shares (8.41%).

ROC OIL COMPANY LIMITED (9 June 2000)

1. FIRST SIGNIFICANT NORTH SEA OIL SALE - KYLE OIL FIELD (ROC: 12.5%)

On 7 June the Kyle Joint Venture sold its first cargo of crude oil produced during the Extended Well Test (EWT) at the 29/2c-12z well in the Kyle Oil Field in the UK North Sea. The first sale shipment was 169,793 barrels (net ROC: 21,224 bbls), sold at a modest premium to the prevailing Brent spot price. Since the EWT commenced on 24 May 2000, production has continued at a choked-back rate of 13,000 barrels of oil per day (BOPD) with a stable gas-oil ratio and no water cut.

2. DRILLING ACTIVITY - KEDDINGTON OIL FIELD (ROC: 100%)

As of mid-day 7 June 2000, Keddington-2, the first appraisal well in the Keddington Oil Field, was drilling ahead in a sidetrack at 2460 metres drill depth, with the intention of penetrating the top Dinantian seismic marker, which is expected at about 2470 metres. During the week the well drilled 205 metres of horizontal section, partially through a Basal Westphalian reservoir sand of relatively modest thickness and quality compared to the reservoir in Keddington-1. The decision to plug back and drill a "punch through" sidetrack hole into the top Dinantian was made in order to gain a better understanding of the local stratigraphy. When this "punch through" sidetrack has been drilled and logged, the well will be plugged back and a horizontal sidetrack will be drilled within the targeted Basal Westphalian reservoir section.

3. GAS PRODUCTION - SALTFLEETBY GAS FIELD (ROC: 100%)

Saltfleetby Gas Field production continues to out-perform Prospectus forecast producing approximately 47 MMSCFD for the month of May, approximately 44% above the Prospectus forecast (Attachment 1).

In addition to better than forecast gas production ROC is also deriving benefit from the current strong spot and forward gas prices in the UK as a result of having already fulfilled its current quarter contract sale obligations to Northern Electric and Gas Limited. Therefore, during June, ROC expects to sell approximately half of its gas production at prevailing spot gas prices which are currently about 19.5 pence per therm (A$5.57/MCF at a GBP:A$ currency exchange rate of 0.38) approximately 77% higher than ROC's internal May 2000 gas price estimates, which were used as the basis for the Prospectus forecast. The balance of ROC's June 2000 production has now been sold forward at a price approximating to 18.0 pence per therm (A$5.14/MCF), 64% above Prospectus price forecast for June 2000.

The recent spike in UK gas prices saw prices climb by 70% during the last several weeks. Some industry observers anticipate that prices on both sides of the UK-Continental Europe Interconnector pipeline will remain high in the medium term, reflecting the oil price indexation of European gas contracts, despite the fact that there is no direct or formal linkage between UK gas prices and international oil price trends.

4. NEAR TERM EXPLORATION PROGRAMME - MONGOLIA (ROC- 100%)

ROC is continuing with its preparations for the drilling of two exploration wells in the East Gobi Basin of southern Mongolia. The wells will be drilled on a back-to-back basis with the first one due to commence in August 2000. The two prospects to be tested have an estimated combined original oil in place potential considerably in excess of 200 million barrels, although neither prospect is more than 35km from the Zuunbaayan rail head, which means that a discovery could generate revenue very quickly.

ROC also continues to produce oil at a rate of approximately 130 BOPD from three wells in the East Gobi Basin. The oil is stored in ROC's tank farm at Zuunbaayan where a total of approximately 32,000 barrels of oil is currently awaiting export shipment and sale via rail car link to the Mongolian-Chinese border crossing. ROC expects the first export shipment for 2000 to be at the border sale point during July 2000.

SONS OF GWALIA LIMITED (9 June 2000)

The RZM/Cable Sands Group and Sons of Gwalia Ltd today announced the new name for the Joint Venture Company formed to develop the Wemen Mine in the Murray Basin, Murray Basin Titanium Pty Ltd ("MBT") has been chosen as the name, reflecting the importance of this mineral province and the primary market product for the mine.

SIPA RESOURCES INTERNATIONAL NL (9 June 2000)

DRILLING AT ZEUS GOLD PROSPECT (PARABURDOO GOLD PROJECT) CONTINUES TO TURN UP RESULTS

(Ashburton Mineral Field, Western Australia - Lynas 100% Sole Risk)

Lynas has a 100% interest (subject to a royalty payment to Sipa Exploration NL) in the exploration potential of the near minesite gold anomalies, surrounding the Paraburdoo Gold Project.

Since the Company's announcement of 3 May 2000, an additional thirty reverse circulation drill holes (for 975 metres) have been completed at the Zeus Prospect. The Zeus Prospect is located one kilometre south east of the Lynas owned treatment plant.

This current campaign of drilling (due for completion later this month) mostly targeted the East Hill, with some additional drilling on the Main and West Hills.

A resource estimate for the Zeus Prospect is expected to be available in July.

STRAITS RESOURCES LIMITED (9 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Employee Options expiring 29 May 2005
Number of securities to be issued
65,000
Issue price of the securities
Nil
Purpose of the issue
Incentive Options

EMPIRE OIL & GAS NL (8 June 2000)

Empire Oil & Gas NL, through its wholly-owned subsidiary, Rough Range Oil Pty Ltd, announces the status of the Central Rough Range No 1 well.

At 0600 7 June 2000 after running and interpreting electric wireline logs the decision has been made to plug and abandon the Central Rough Range No 1 well as the reservoir objective. Top Birdrong Sandstone was intersected at 1111.5 metres RKB being 3 metres below the oil water contact. The Birdrong Sandstone was water wet. Formation tops from the electric wireline logs are:

Top Cardabia Formation 283m RKB, 221.7m TVDSS 2.5m low to RR#1B
Top Korojon Formation 403m RKB, 342.2m TVDSS 0.9m high to RR#1b
Top Toolonga Calcilutite 419m RKB, 357.7m TVDSS 7.4m high to RR#1B
Top V Gearle Siltstone 432m RKB, 371.2m TVDSS 5.4m high to RR#1B
Top L Gearle Siltstone 468m RKB, 406.7m TVDSS 9.4m low to RR#1B
Top Windalia Radiolarite 1035m RKB, 972.7m TVDSS 6.6m low to RR#1B
Top Mudering Shale 1074.5m RKB, 1012.1m TVDSS 9.0m low to RR#1B
Top Birdrong Sandstone 1110.5m RKB, 1048.0m TVDSS 12.0m low to RR#1B
Top Wogatti Sandstone 1121m RKB, 1058.5m TVDSS 11.5m low to RR#1B

GOLD PARTNERS LIMITED (8 June 2000)

* Gold Partners Ltd (Gold Partners) is pleased to announce that it has secured the acquisition of Hypertrade.com Pty Ltd (Hypertrade). Gold Partners announced on 1 June 2000 that all parties except AGN International Ltd (AGN) had signed a Deed of Sale and Purchase of Shares (the Agreement). AGN has now executed the Agreement and is in full support of Gold Partners' plans for the future of Hypertrade.

* Hypertrade has an exclusive five-year alliance with AGN, to establish a global platform for it to launch into the business-to- business (B2B) industry.

* All the shares in Hypertrade have been purchased by Gold Partners pursuant to an Agreement, in consideration for the issue of 13 million Gold Partners shares as detailed below.

* The vendor will receive a further 1 million shares in Gold Partners as an incentive, if the market capitalization of Gold Partners is at least $35 million within 1 year of the Company's next general meeting (current market capitalization is about $5.3 million).

ILUKA RESOURCES LIMITED (8 June 2000)

Perpetual Trustees Australia Ltd became a substantial shareholder in Iluka Resources Limited on 06/06/2000 with a relevant interest in the issued share capital of 12,140,219 ordinary shares (5.44%).

ILUKA RESOURCES LIMITED (8 June 2000)

N M Rothschild Australia Holdings Pty Ltd ceased to be a substantial shareholder in Iluka Resources Limited on 31/05/2000.

ILUKA RESOURCES LIMITED (8 June 2000)

Iluka Resources Limited decreased its relevant interest in Consolidated Rutile Limited on 15/05/2000, from 79,928,605 ordinary shares (46%) to 74,631,652 ordinary shares (43.1%).

KIMBERLEY DIAMOND COMPANY NL (8 June 2000)

The directors are pleased to advise that at the General Meeting of Shareholders of the Company held today, Wednesday, 7 June 2000, all resolutions were passed.

KIMBERLEY DIAMOND COMPANY NL (8 June 2000)

The prospectus is now available.

LAKES OIL NL (8 June 2000)

Lakes Oil N.L. wishes to announce that, as at 6 am this morning, Wednesday 7 June, 2000 the North Seaspray-3 well was at a depth of 966 metres and drilling in the lower Latrobe Group sediments.

For further information, click here

NORTH LIMITED (8 June 2000)

Holders and brokers are reminded that Deutsche Instalments will commence trading on an Interest and Fees paid basis from today, 6 June 2000. Trading will be on a deferred settlement basis until Monday 19 June 2000.

NORWEST ENERGY NL (8 June 2000)

Operations are underway to prepare for Drill Stem Tests of Puffin 5. It is not expected that testing will commence until Monday 12th June 2000.

This oil accumulation is additional to and separate from the located 1 the vicinity of Puffin 2. Originally drilled in 1974, Puffin 2 flowed 4608 barrels of oil per day during a drill stem test.

NORWEST ENERGY NL (8 June 2000)

West Oil NL announces that as at 6:00am (CST) Monday, 7th June, Puffin 5 is at total depth of 2414m. Wireline logging has been completed and the 7" liner has been landed at total depth prior to cementing.

Current and proposed operations are to continue to prepare for the test. On the current operations schedule it is likely that the test will begin on Monday 12th June.

NOVUS PETROLEUM LIMITED (8 June 2000)

N M Rothschild Australia Pty Ltd ceased to be a substantial shareholder in Novus Petroleum Limited on 31/05/2000.

OIL SEARCH LIMITED (8 June 2000)

AMP Limited became a substantial shareholder in Oil Search Limited on 05/06/2000 with a relevant interest in the issued share capital of 26,492,179 ordinary shares (5.03%).

OIL SEARCH LIMITED (8 June 2000)

All resolutions detailed in the Notice of Meeting approved by the ASX was passed without amendment at the annual meeting held on 2 June 2000 in Port Moresby.

PACMIN MINING CORPORATION LIMITED (8 June 2000)

Pacmin are continuing their on-market daily share buy back programme.

PLENTY RIVER CORPORATION LIMITED (8 June 2000)

The Directors of Plenty River Corporation Limited advise that Thiess Contractors Pty. Limited has agreed to subscribe for 4,011,036 ordinary shares in Plenty River at an issue price of 25 cents.

Thiess is one of Australia's leading integrated engineering service providers and a wholly owned subsidiary of Leighton Holdings Limited.

PRECIOUS METALS AUSTRALIA LIMITED (8 June 2000)

Please be advised of a change of address of the registered office and principal administrative office of the Company to:

4th Floor, 37 St Georges Terrace
Perth WA 6000

The new PO Box address is:
PO Box 7754
Cloisters Square
Perth WA 6850

New telephone and facsimile numbers are:
Telephone: (08) 9326 5700
Facsimile: (08) 9326 5799

For company information, click here

PRIMA RESOURCES LIMITED (8 June 2000)

The Company wishes to advise that Mr Michael James Quinert of 1, Maxwell Street, Ashburton, Victoria has been appointed by Mr Adi Trikarso to act as his Alternate Director to the Board of Prima Resources Limited to discharge all his duties as director during the balance of June 2000.

RANGE RESOURCES LIMITED (8 June 2000)

Range Resources Limited wishes to advise that Mr Maurice Hayes has resigned as joint Company Secretary, effective immediately.

RANGER MINERALS LIMITED (8 June 2000)

AMP Limited ceased to be a substantial shareholder in Ranger Minerals NL on 05/06/2000.

ST BARBARA MINES LIMITED (8 June 2000)

The Company announces that on 6 June 2000, DRD Australasia ApS disposed of its shareholding in St Barbara Mines Limited, being 10 million shares at a price of 11 cents per share.

STRIKE MINING NL (8 June 2000)

The Prospectus is now available.

STRIKE MINING NL (8 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary
Number of securities to be issued
7,500,000
Issue price of the securities
$0.20 per share
Purpose of the issue
Strike Mining NL will acquire Select-Tel Holdings Pty Ltd under a share sale deed dated 28 April 2000, as amended, by issuing 25 million shares, subject to the issue of at least 7,500,000 shares under this offer.

TRIAKO RESOURCES LIMITED (8 June 2000)

Triako Resources Limited increased its relevant interest in Buka Minerals Limited on 05/06/2000, from 19,709,006 ordinary shares (23.8%) to 20,534,824 ordinary shares (24.8%).

UNITED ENERGY LIMITED (8 June 2000)

United Energy, Shell Australia and Woodside Energy intend to form a new electricity and gas merchant business, called EdgeCap, to take advantage of the rapidly growing wholesale electricity and gas trading market in Australia.

EdgeCap will benefit from the substantial trading and risk management skills of United Energy. It will combine the well established position of United Energy as a market maker, with access to significant gas resources held by Shell and Woodside. This will position EdgeCap as a major entity in the Australian wholesale electricity and gas markets.

WOODSIDE PETROLEUM LIMITED (8 June 2000)

Woodside Energy Ltd and BP-Amoco advise that Woodside will acquire BP-Amoco's rights to undeveloped oil discoveries and future oil discoveries in the North West Shelf Venture (NWSV) area. Woodside will carry A$4 million of BP-Amoco's costs in the NWSV project area in 2000.

ZEOLITE AUSTRALIA LIMITED (8 June 2000)

HIGHLIGHTS

* Independent analysis has quantified significant cost savings for the ZELflocc wastewater treatment process of between 30-50% based on a present value basis over a 15 year period when compared with conventional alternatives.

* Results support earlier analysis highlighting capital cost savings of $20-25 million on a ZELflocc operation to achieve nitrogen (nutrient) removal.

* The ZELflocc process at the Coombabah Wastewater Quality Control Centre achieved better than a 25% increase in loading capacity compared with the Key Performance Criterion of 15% set for success.

* Additional testing by the CSIRO on ZELflocc biosolids will be reported later this month and could lead to further cost savings for the process.

ASHTON MINING LIMITED (7 June 2000)

The Capital Group Companies Inc became a substantial shareholder in Ashton Mining Limited on 02/06/2000 with a relevant interest in the issued share capital of 19,673,728 voting shares (5.81%).

ASHTON MINING LIMITED (7 June 2000)

Ashton Mining Limited has been advised by the operator that diamond mining operations have resumed at the Cuango Project in northeastern Angola. Sociedade de Desenvolvimento Mineiro de Angola SARL (SDM - Ashton 33.3%), the owner and operator of the project, informed Ashton that improved security conditions allowed the remobilisation of staff who were evacuated as previously reported. SDM also advised that due to the precautionary withdrawal and other security considerations, production during the quarter will be below expectations.

BOULDER STEEL LIMITED (7 June 2000)

The geophysical survey field report covering Boulder Steel Ltd's wholly owned subsidiary Chrome Corporation of America's (CCA) land holdings in the Stillwater Complex, Montana has been received from Idaho Consolidated Metals Inc's (Idaho) consultant geophysicist, Terry Crebs.

The report details preliminary results from Fugro Airborne Surveys, 1928 line kilometre, helicopter borne, electromagnetic survey. The Basal Zone nickel copper sulphide mineralization on CCA's property, which is potentially platinum group metal (PGM) bearing, yielded strong conductance and magnetisation anomalies in the Mouat, Nye Basin, Benbow and Chrome Lake areas.

The conductors extend continuously over 8 kilometres of strike length. It appears that the strongest conductors have yet to be tested by drilling. Chromite units that host PGM mineralization also gave a distinctive magnetic expression and can be traced throughout CCA's ground. The data are undergoing final post survey processing.

BROKEN HILL PROPRIETARY COMPANY LIMITED (THE) (7 June 2000)

Votraint No. 1243 Pty Limited became a substantial shareholder in Email Limited on 05/06/2000 with a relevant interest in the issued share capital of 33,207,146 ordinary shares (12.216%).

This information is based on a total number of securities of 33,207,146.

BUKA MINERALS LIMITED (7 June 2000)

The Directors of Buka Minerals Limited are pleased to announce details of a substantial upgrading in the mineral resource estimate at the Lady Loretta zinc-lead-silver deposit.

The new resource estimate represents an over 60% increase in the previously quoted tonnage resource estimate at the Lady Loretta zinc-lead-silver deposit, for an over 50% increase in contained zinc metal.

CPH INVESTMENT CORP (7 June 2000)

Deutsche Australia Limited decreased its relevant interest in CPH Investment Corp on 05/06/2000, from 43,679,971 ordinary shares (8.57%) to 38,540,104 ordinary shares (7.56%).

CPH INVESTMENT CORP (7 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Partly Paid Units
Number of securities to be issued
407,627,298
Issue price of the securities
The issue price is $0.60 per Partly Paid Unit. The issue price is payable as to $0.50 on application.
Purpose of the issue
To raise capital to enable CPH Investment Corp to pursue an expanded investment strategy as described in the Prospectus dated 10 April 2000 for the issue.

CALTEX AUSTRALIA LIMITED (7 June 2000)

Caltex Australia Limited said today the company intended to open a further 42 Star Mart convenience stores this year in addition to a further four Star supermarkets. Media reports apparently misinterpreted this information to be 42 supermarkets.

DELTA GOLD LIMITED (7 June 2000)

Name of Director & Company: Terry Burgess, Delta Gold Limited

As Managing Director of Delta Gold Limited under Section 235 of the Corporations Law I advise that I have purchased 10,000 shares in Delta Gold Limited today.

ELECTROMETALS TECHNOLOGIES LIMITED (7 June 2000)

Electrometals Technologies Limited announces the placement today of 500,000 Ordinary Shares in the Company at a subscription price of 20 cents per share payable in cash, to Waverley Mining Finance PLC ("Waverley"). Waverley is already the beneficial owner of 1.7 million of our listed Ordinary Shares, and thus will now hold 2.2 million shares, representing 6.2% of our effectively issued capital.

EMPIRE OIL & GAS NL (7 June 2000)

Empire Oil & Gas NL, through its wholly-owned subsidiary, Rough Range Oil Pty Ltd, announces the status of the Central Rough Range No 1 well as of 6 June 2000.

At 0600 6 June 2000 Central Rough Range No 1 was at a depth of 1113m RKB where circulation of drilling fluid was lost in the well bore in an interpreted highly porous formation.

The preliminary formation top for the Birdrong Sandstone was at 1101m RKB 2.5 metres low to Rough Range 1B. The Birdrong Sandstone is of poor quality being a fine grained glauconitic and silicious cemented sandstone with dull oil fluorescence.

ENERGY DEVELOPMENTS LIMITED (7 June 2000)

Energy Developments Limited announces that the Solid Waste Energy and Recycling Facility being developed by the Company near Wollongong, New South Wales, has been issued with the required Environment Protection Authority Licence.

FEDERATION RESOURCES NL (7 June 2000)

Federation Resources NL wish to advise that the Company has agreed to increase its equity in SLE (Australia) Pty Ltd by 10% to 50% by issuing 100,000 fully paid shares.

SLE owns the Luxalum, ("Glow-in-the-dark") pigment, which has unique performance characteristics over and above other competitors in this market. The technology utilised in the manufacturing of the Luxalum pigment, is also believed to have substantial uses in improving performance of other rare earth pigments (ie; EL Phosphors, which is primarily used in the colour illumination of computer and television screens).

GOLDEN TRIANGLE RESOURCES NL (7 June 2000)

National Diversified Industries (Aust) Pty Ltd on behalf of Golden Triangle Resources NL signed a Research & Development contract with the Society for Development of International Energy Projects in Beer Sheba, Israel ("The Society).

According to the contract The Society will elaborate for Golden Triangle, two major research and development projects related to:

1. Electromagnetic cleaning of molten magnesium chloride, and

2. Development of magneto hydrodynamic methods in the production of magnesium alloying.

HARDMAN RESOURCES NL (7 June 2000)

Hardman Resources NL provides the following update on the Fuga # 1 exploration well, Philippines to 06.00 hours, 6 June 2000:-

PROGRESS: (SINCE 30 MAY 2000)

The well was drilled from 1,389 metres to 1,672 metres in 12(1/4) inch (311mm hole size). Run wireline logs from 552 metres to 1,672 metres commence running 9(5/8) inch (244mm) intermediate casing.

The geology consists of Siltstone dark grey, interbedded with silty Sandstone and several Basalt layers up to 20 metres thick. Basalt layers decreasing in frequency and thickness with depth.

No significant hydrocarbon shows were encountered with trace background gas recorded in the drilling mud.

KALREZ ENERGY NL (7 June 2000)

VPeX has advised Kalrez that it does not intend to proceed to IPO at this time due to the current state of the market. Accordingly Kalrez has agreed to release VPeX from its existing agreement relating to the float of VPeX.

LAKES OIL NL (7 June 2000)

Lakes Oil N.L. ("Lakes") wishes to announce that, as at 6 am this morning, Monday 5 June, 2000 the North Seaspray-3 well was at a depth of 807 metres and tripping for a new bit.

For further information, click here

MACMIN NL (7 June 2000)

Macmin has consolidated its dominance of the Texas Silver District, Queensland, by purchasing the Silver Spur mining lease from Rimfire Pacific Mining NL.

For further information, click here

MURRIN MURRIN INVESTMENTS LIMITED (7 June 2000)

QUARTERLY INTEREST PAYMENT (MRRHA & MRRHB)

The interest rate payable on the MMI Unsecured Notes (MRRHA - $0.20 & MRRHB - $0.40) for the June 2000 quarter is annualised 7.2900%, calculated in accordance with the Unsecured Notes Trust Deed. The interest payment relates to the period 1 April 2000 to 30 June 2000 inclusive (91 days) and will be paid on Friday, 30th June 2000.

The interest amount payable per security, for the June 2000 quarter is as follows:

MRRHA ($0.20) $0.003635
MRRHB ($0.40) $0.007270

NEWCREST MINING LIMITED (7 June 2000)

The Board of Newcrest Mining Limited announces that it has appointed Mr Russell Barwick, as Managing Director and Chief Executive Officer, effective 21 July, 2000.

NEWLAND RESOURCES LIMITED (7 June 2000)

The Board of Newland Resources wishes to announce that it's 70% owned subsidiary, MoneyGuru Ltd has signed a heads of agreement with Victor Chandler International (VCI), Europe's largest web based gaming organization.

VCI and MoneyGuru have entered into a 50:50 joint venture to develop and promote a series of on-line games, collectively known as "PokerSchool", based on MoneyGuru's leading financial game "Sharepoker", which is a poker based game where traditional cards are replaced by corporate portfolios (see www.moneyguru.co.uk).

NORTH LIMITED (7 June 2000)

Holders and brokers are reminded that Deutsche Instalments will commence trading on an Interest and Fees paid basis from today 6 June 2000. Trading will be on a deferred settlement basis until Monday 19 June 2000.

NORWEST ENERGY NL (7 June 2000)

West Oil NL announces that as at 6:00am (CST) Monday, 6th June, Puffin 5 is at total depth of 2414m and completing wireline logging prior to testing.

AEC has proposed a test of the 9 metre oil column at Puffin-5 and West Oil has elected to participate on a working interest basis. The purpose of the test is to establish a stabilized flow rate and to acquire information on the potential performance of the reservoir.

Preliminary log analysis indicates that porosity, net sand percentage over the gross oil column and oil saturation are all higher than were predicted for the Puffin-5 well.

NORWEST ENERGY NL (7 June 2000)

Norwest Energy NL has elected to participate in a drill stem test of the 9 metre oil column intersected in Puffin 5.

This oil accumulation is additional to and separate from that located in the vicinity of Puffin 2. Originally drilled in 1974, Puffin 2 flowed 4608 barrels of oil per day during a drill stem test.

PLATSEARCH NL (7 June 2000)

PlatSearch has signed a joint venture agreement with Phelps Dodge Australasia, Inc whereby Phelps Dodge can farm in to PlatSearch's Tara Project ELA 1544 located in the Lachlan Fold Belt, near Hillston NSW. The tenement is currently held by PlatSearch 80% and Nosebi Mining & Management Pty Ltd 20%.

PANCONTINENTAL OIL & GAS NL (7 June 2000)

The Philippines National Oil Company, as operator of the Aparri Basin GSec 84 Joint Venture has advised that at 6.00am, 6 June 2000, (Philippines time) 29 days after spudding, the Fuga 1 exploration well had reached a depth of 5,485 feet (1,671.8 metres) and is preparing to drill ahead after running electric logs, RFT's (repeat formation tests), sidewall cores and VSP's (velocity seismic profile).

No hydrocarbons were recovered by the RFT's. Paleontological information indicates that the age of strata at this depth are of Early Miocene age, the age of the deepest objective.

RAND MINING NL (7 June 2000)

The Company wishes to announce that it has reached agreement with Oretek Limited pursuant to which, upon Oretek making a public offering of its shares, 40% of those shares will first be offered on a pro rata basis to the then shareholders in the Company.

Although no timetable has been set for the Oretek public issue, the terms of the agreement with Oretek require that the offer to the Company's shareholders be made in conformity with the listing rules. Accordingly appropriate announcements as to record dates and other material matters will be made by the Company in due course.

RIO TINTO LIMITED (7 June 2000)

Pacific Aluminium Pty Ltd increased its relevant interest in Comalco Limited on 05/06/2000, from 536,374,387 ordinary shares (95.67%) to 551,942,735 ordinary shares (98.45%).

STRAITS RESOURCES LIMITED (7 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Employee options expiring 29/05/2005
Number of securities to be issued
845,000
Issue price of the securities
Nil
Purpose of the issue
Incentive options

TAP OIL NL (7 June 2000)

Tap Oil NL provides the following update on the Prometheus-1 exploration well which spudded on 28 May 2000.

LOCATION
The well is located in WA-278-P, approximately 400 kilometres west of Darwin in the Timor Sea at latitude 12 deg 50' 21.03" South and 126 deg 22' 07.83" East.

PROGRESS
As at 06.00 hours on Tuesday 6 June 2000, the well has drilled ahead to 2,247 metres.

Following a change of drilling bit, the well is currently preparing to drill ahead to intersect the Keyling sandstones (being the primary objective of the well). Wireline logs will then be obtained to evaluate the reservoir intervals.

VICTORIA PETROLEUM NL (7 June 2000)

Victoria Petroleum NL advises that Berkley Petroleum Corp, Operator of the East Lost Hills drilling project, issued a press release on June 2, 2000 on the current status of the production testing of the Berkley East Lost Hills No 1 well in the San Joaquin Basin, California, 12 kilometers to the north west of the currently preparing for production testing, EKHO-1 well.

"* The flow test portion of the completion of Berkley East Lost Hills #1 was commenced on Wednesday May 31, 2000 at 12:30h PDT.

* The well has been flowed at gas rates between 7 mmcfpd and 15 mmcfpd Tubing head pressure has been maintained above 9,900 psi. The well has also been producing condensate and formation water.

* The flow test is continuing as planned and gas rates, pressures and liquids rates will be further assessed during this period."

While the Berkley East Lost Hills No 1 preliminary testing results cannot be used to determine the hydrocarbon production potential for EKHO-1 currently preparing to test 12kms to the south east of Berkley East Lost Hills No 1, the Berkley East Lost Hills No 1 testing results are considered very encouraging for the hydrocarbon potential of this area of the Deep San Joaquin Basin, including the Pipeline/EKHO Prospect.

Victoria Petroleum NL further advises that the EKHO Project consortium, participants in the EKHO-1 well issued a press release on June 5, 2000 advising the EKHO-1 well has finished completion and can now proceed to commencing production testing of the EKHO-1 well.

The Production Testing Phase is budgeted to last 30 days. Results will be released as appropriate."

EKHO No 1 is located approximately 45 miles northwest of Bakersfield, between the 31X-10 and the 66X-3 wells, which flowed at rates as high as 1,000 and 700 barrels a day, respectively in the early 1970's, despite completion problems. The 66X-3 well ultimately produced 11,936 barrels of 42 degree API oil and 13 MMCF of natural gas before abandonment due to bottomhole technical difficulties. Other intervals with significant shows were left untested.

XENOLITH GOLD LIMITED (7 June 2000)

We advise that the following information has been released to the North America market with respect to the above project in which Xenolith has an indirect interest via its equity in Kookaburra Resources Ltd and KOB Energy Inc;

"JUNE 5, 2000 (PDT)

* The flow test portion of the production test on the Berkley East Lost Hills #1 well, which commenced on Wednesday May 31, 2000, was completed on schedule on Monday June 5, 2000 at 16.00h PDT.

* During the flow periods, gas has been produced at restricted and controlled rates up to 23 mmcfpd.

* The extended test rate was 13.1 mmcfpd at a flowing wellhead pressure of 8,100 psi on a 20/26" choke. The water/gas ratio was stable at 295 bbls/mmcf. The natural gas liquids/gas ratio is estimated at 75 bbls/mmcf. The final natural gas liquids rates will be determined through laboratory analysis. The reservoir drawdown at this rate is estimated at approximately 5%. Based on this drawdown, the reservoir open flow potential is in excess of 100 mmcfpd and the wellhead open flow potential is estimated at 25 mmcfpd due to current tubing restrictions. These drawdown estimates will be confirmed when downhole pressure recorders are recovered at the end of the build-up period which will be in seven to ten days.

* At these gas, natural gas liquids and water rates, the well is highly commercial and plans are underway to tie-in the well and begin production prior to year-end.

* The tested interval, between 19,370 feet and 19,698 feet is at the base of an estimated hydrocarbon column of approximately 2,750 feet in the East Lost Hills structure. The fact that commercial production rates have been achieved from the base of the extensive gas column is very encouraging.

* Opportunities to both reduce water production from the perforated zone or complete further potential pay zones uphole are being reviewed. Untested zones that flowed hydrocarbons to surface while drilling remain un-perforated in Berkley #1.

* Berkley #3 commenced drilling on the west flank at East Lost Hills May 28, 2000. Further drilling at East Lost Hills, including the Berkley #2 location and the potential whipstock or redrill of the Bellevue #1-17R well are intended to encounter the high deliverability reservoir at a significantly higher structural elevation in the hydrocarbon column."

The above announcement was released after the Toronto market closed and we take this opportunity to commend the East Lost Hills partners for what we believe is a very responsible and informative report.

ASHTON MINING LIMITED (6 June 2000)

Ashton Mining are continuing their on-market share buy back programme.

BROKEN HILL PROPRIETARY COMPANY LIMITED (6 June 2000)

CHAIRMAN AND NAME OF NEW STEEL COMPANY ANNOUNCED

BHP has announced Peter Smedley, Group Managing Director and Chief Executive Officer Colonial Group will be appointed Chairman of OneSteel Limited, the new long products steel company scheduled to be spun-out later this year.

DELTA GOLD LIMITED (6 June 2000)

Delta Gold has received reports from management at the Gold Ridge gold mine, situated 30km from Honiara in Solomon Islands, that operations are continuing and employees are not facing any immediate danger.

EMPIRE OIL & GAS NL (6 June 2000)

Empire Oil & Gas NL, through its wholly-owned subsidiary, Rough Range Oil Pty Ltd, is pleased to announce the status of the Central Rough Range No. 1 well.

At 0600 hours on 5 June 2000 the Central Rough Range No. 1 well has been drilled to a depth of 1032 metres KB. The current operation is to drill ahead with 8 1/2" hole to approximately 1050 metres (predicted Top of Muderong Formation) and then trip for a new bit before drilling ahead to the Birdrong Sandstone reservoir objective and then to total depth of 1140 metres, prior to running electric wireline logs.

The Provisional Formation Tops from (picked lithologies only) demonstrate that the Central Rough Range No. 1 well is approximately 16 metres high at the Top Windalia Radiolarite level to that intersected in Rough Range 1B (RR#l B).

EQUIGOLD NL (6 June 2000)

Investors Trust & Custodial Services (Ireland) Limited ceased to be a substantial shareholder in Equigold NL on 15/03/2000.

LAKES OIL NL (6 June 2000)

Lakes Oil wishes to announce that, as at 6 am this morning, Monday 5 June, 2000 the North Seaspray-3 well was at a depth of 575 metres and drilling in the basal Lakes Entrance Formation.

For further information, click here

MARLBOROUGH RESOURCES NL (6 June 2000)

Effective Monday, 26 June 2000, Marlborough Resources NL will be utilising the services of Computershare Registry Services Pty Ltd (Sydney Office) as our share registrars. Our current registrars are Pannell Kerr Forster WorldWide, Brisbane.

MOSAIC OIL NL (6 June 2000)

Mosaic's testing program continues.

Sirrah 2 (last flowed in 1988) was flowed at 500,000 cubic ft/day for ten days and is now shut-in for build up test.

East Glen (last flowed in 1994) has been re-entered and downhole junk has been successfully retreived. Testing will occur this week.

NEWCREST MINING LIMITED (6 June 2000)

Newcrest Mining announces that it has appointed Mr Russell Barwick, as Managing Director and Chief Executive Officer, effective 21 July, 2000.

Mr Barwick, a mining engineer, is currently the Managing Director of Placer Niugini Limited, a member of the Placer Dome group.

NIDO PETROLEUM LIMITED (6 June 2000)

Nido Petroleum today announced successful results from its third Zhongyuan (onshore China) well, Hu 12-155.

The Hu 12-155 well has encountered a number of oil bearing sands.

The well was planned to produce oil from the S3M7, S3M8 and S3L1 units, but also found oil in the S3M6, S3M9 S3M10, S3M11, and S3M12 reservoirs. Of particular importance, an unexpected 5m thick channel sand was found in the S3M9 reservoir that appears to have high oil saturation and very good porosity.

The well is currently being completed and should start production late this week. For reservoir management reasons, the current plan is to produce from the lowest reservoir, the S3L1, before producing the higher quality upper reservoirs.

NORWEST ENERGY NL (6 June 2000)

West Oil NL announces that as at 6:00am (CST) Monday, 5th June, Puffin 5 has reached a total depth of 2414m and wireline logging of the well has commenced. Preliminary interpretation of the electric logs run so far indicates that there is a 9 metre net oil column at the top of the K1a Sandstone reservoir. It is interpreted that this sandstone has excellent porosity and is expected to have excellent permeability.

While the primary objective was intersected low to prediction, the Puffin-5 well was not designed to be drilled on the crest of the structure and preliminary remapping of the seismic data indicates that the Puffin-1 Updip structure may contain significant quantities of hydrocarbons updip of Puffin-5. The structure may contain sufficient quantities of hydrocarbons to warrant testing - data from such a test will provide important reservoir information to determine economics of the field.

A decision to test or not will be made once logging has been completed. We expect to make an announcement relating to testing shortly. This oil accumulation is additional to and separate from that located in the vicinity of Puffin 2. Originally drilled in 1974, Puffin 2 flowed 4608 barrels of oil per day during a drill stem test.

NORWEST ENERGY NL (6 June 2000)

Puffin 5 has reached a total depth of 2414m and wireline logging of the well has commenced.

Preliminary interpretation of the logs run so far indicates that there is a 9 metre net oil column at the top of the K1a Sandstone reservoir. It is interpreted that this sandstone has good porosity and is expected to have good permeability.

While the primary objective was intersected low to prediction, available data indicates that the Puffin Horst may contain sufficient quantities of hydrocarbons to warrant testing. Data from such a test will enhance feasibility studies to determine economics of the field.

A decision to test or not will be made once logging has been completed. We expect to make an announcement relating to testing shortly.

This oil accumulation is additional to and separate from that located in the vicinity of Puffin 2. Originally drilled in 1974, Puffin 2 flowed 4608 barrels of oil per day during a drill stem test.

PACMIN MINING CORPORATION LIMITED (6 June 2000)

Pacmin Mining are continuing their on-market share buy back programme.

RIO TINTO LIMITED (6 June 2000)

Pacific Aluminium Pty Ltd increased its relevant interest in Comalco Limited on 05/06/2000, from 536,374,387 ordinary shares (95.67%) to 551,942,735 ordinary shares (98.45%).

RIO TINTO LIMITED (6 June 2000)

Rio Tinto Limited's offer for Comalco closed today with Rio Tinto having acquired 98.45% of Comalco.

Based on the acceptances received as at the close of the offer, Rio Tinto will have issued 5.9 million ordinary shares, and will have paid A$1,217.7 million in cash for the Comalco shares it has acquired, as shown in the table below.

Rio Tinto has moved to compulsory acquisition of the outstanding 1.55% of Comalco with the filing and despatch today of compulsory acquisition notices.

TRITON CORPORATION LIMITED (6 June 2000)

TRITON SECURE AND COMPUCAT SIGN RESELLER AGREEMENT

Australia's leading biometric identification and authentication provider, Triton Secure, has signed an agreement with Compucat, a major provider of data communications security systems, to resell Triton's range of biometric solutions.

VICTORIA PETROLEUM NL (6 June 2000)

ALLOTMENT OF FULLY PAID SHARES

The directors of Victoria Petroleum NL advise that pursuant to the authority granted by members of the company at an extraordinary general meeting held on 20 April 2000, the company has today allotted 75 million ordinary shares to Kestrel Energy Inc. The allotment of these shares, is the consideration paid to Kestrel in settlement of Victoria's acquisition of certain petroleum assets.

The petroleum assets acquired from Kestrel by Victoria are as follows:

A. Onshore USA, California
1. Kestrel's 50% interest in the San Joaquin Basin Joint Venture (SJBJV).
2. Kestrel's 15% interest in the Vallecitos Oil Field, San Joaquin Basin, California.

B. Australia and Papua New Guinea
1. Interests in the following petroleum permits:

Permit Basin Country Kestrel's Interest

1.1 PPL 213 Papuan Fold Belt Papua New Guinea 2.04%

1.2 PPL 202 Papuan Basin Papua New Guinea 5.0%

1.3 EP 325 Carnarvon Basin Western Australia 2.0%

1.4 EP 369 Carnarvon Basin Western Australia 3.75%

1.5 WA-254-P Carnarvon Basin Western Australia 2.5%

1.6 WA-261-P Carnarvon Basin Western Australia 2.5%

WMC LIMITED (6 June 2000)

WMC are continuing their on-market share buy back programme.

XENOLITH GOLD LIMITED (6 June 2000)

AngloGold Ltd (3 June 2000)

Mr T C A Wadeson resigned as a non-executive director and Mr W A Nairn was appointed a non-executive director

AQUARIUS PLATINUM LIMITED (3 June 2000)

Aquarius Platinum Limited wishes to announce that it is at an advanced stage of negotiations with Impala Platinum Holdings Limited, a major producer of platinum group metals to acquire a package of PGM properties from Implats comprising the Everest Properties and Chieftains Plain.

AQUARIUS PLATINUM LIMITED (3 June 2000)

The securities of Aquarius Platinum Limited will be placed in pre-open pending the release of an announcement by the Company.

Ashanti Goldfields (3 June 2000)

The Board of Ashanti Goldfields Company Limited announced the appointment of Mr M E Beckett as Interim Chairman following the retirement of Mr P M Tarsh at the Company's Annual General Meeting.
Ashanti also announced the appointment of Srinivasan Venkatakrishnan (Venkat) as a director and Chief Financial Officer (CFO) of the Company. This appointment is to take effect from 1 July 2000.

AUSTRALASIAN GOLD MINES NL (3 June 2000)

The following is an update of the ongoing exploration activity at the Dalgaranga and Tantalus tantalum prospects. Tantalus is located about 28 kilometres northnorthwest of the Dalgaranga prospect. Work completed has included RC drilling at both prospects to further determine the extent of the tantalum bearing pegmatites. PQ diamond drilling was also conducted adjacent to the old Dalgaranga open cut (Peg 1) designed to provide samples for metallurgical test work.

DALGARANGA

DIAMOND DRILLING

In May, a short drilling program to acquire sample material for metallurgical testing was completed. Nine vertical PQ core holes were drilled for a total of 71.9m. (not including short RC precollars). The deepest hole was completed at 22.9m and only oxidised material was collected (all holes terminating in footwall sediments) from each hole.

RC DRILLING

Recent follow up RC drilling of the Dalgaranga tantalum project concentrated on investigating the continuity and orientation of pegmatite veins at Dalgaranga (M59/106) and at the Tantalus prospect (M20/131) situated about 28km to the north.

At Dalgaranga a two pre-existing holes were deepened and three deeper holes (most earlier holes were less than 35m depth) were completed to determine the association, if any, between the Peg 1 pegmatite and the Peg 2 pegmatite. These two units crop out approximately 350m apart, but, whilst Peg 1 strikes northwest it appears to be folded on northeast axes which keep the vein near the surface.

TANTALUS

At the Tantalus prospect 18 RC holes (697m) have been completed on six traverses 80m apart. Mapping has shown a single lozenge-shaped vein, striking about 010 degrees and dipping about 201 eastwards, extends over (at least) 400m of strike. The inclined drilling has not tested the full width of the vein (on every section) but near the centre of the zone the vein is in excess of 60m thick. Samples from this and future drilling programs will be evaluated for Ta(2)O(5) content by gravity separation of the entire sample to produce a heavy mineral concentrate for final analysis. Results from this process are expected by late June.

The prospect is open to the south and will be evaluated with further RC drilling.

RC drilling is planned to recommence early in June in order to determine the extent and resource potential of the pegmatites at Peg 1 to 8 and at Tantalus to a depth of 50 metres below surface.

The results to date at each of the prospects are considered very encouraging. At Dalgaranga it appears that at least eight tantalum bearing pegmatites exist and are stacked vertically to at least a depth of 100 metres. The Tantalus prospect appears to be a large near surface pegmatite at least 500 metres in length, averages 30 metres in thickness and 100 metres wide. Tantalite and microlite have been observed in pan sampling of drill cuttings at all the prospects. Crystals of tantalite up to several centimetres in size and weighing up to 200 grams have been collected from the surface exposures of all the pegmatite units.

Cambrian Resources / Troy Resources (3 June 2000)

Troy Resources Nl ceased to be a substantial shareholder in Cambrian Resources Limited on 31/05/2000.

Cluff Resources (3 June 2000)

The Company's 10,000 tonne bulk sampling program at the Gloucester Ruby Project has commenced with overburden removed from part of the first trench, and the first truckloads trucked to the plant.
Concentrate from the first 10.5 tonnes of gravel has been picked, with the recovery of 86.5 carats of ruby and 29.0 mats of sapphire. The largest ruby recovered was a 1.4 carat deep red stone.

Conquest Mining (3 June 2000)

PROSPECTUS - For an issue of up to 63,145,365 New Options at an issue price of 3 cents per New Option on the basis of one (1) New Option for every one (1) June 2000 Option held as at 15 June 2000 to raise approximately $1,894,367.

Consolidated Rutile (3 June 2000)

The Board of Directors of Consolidated Rutile Limited announced the appointment of Mr James F Babon as a Director of the company.

EASTERN ALUMINIUM LIMITED (3 June 2000)

Combined shareholding of Commonwealth Investment Services Ltd & Commonwealth Funds Management ceased to be a substantial shareholder in Eastern Aluminium Limited on 22/05/2000.

EMPIRE OIL & GAS NL (3 June 2000)

Empire Oil & Gas NL, through its wholly-owned subsidiary, Rough Range Oil Pty Ltd, is pleased to announce that the Central Rough Range No. 1 well was spudded in at 2100 hours 1 June 2000 with 0 D & E Rig 34.

The 9 5/8" (244mm) casing shoe, set previously with a smaller rig, was drilled out at a depth of 146 metres below RKB. The spudding of the well commenced with the drilling of new 8 1/2" (216mm) hole with new formation being drilled below 149 metres.

At 0600 hours on 2 June 2000 the current activity was the drilling ahead with 8 1/2" hole at 334 metres in the Cardabia Group. The Central Rough Range No. 1 well is located on the highest mapped culmination by the Company of the Rough Range Oilfield and is located 400 metres to the South West of the Rough Range 1B well. The Rough Range 1B well flowed at a stabilised rate of 1106 barrels of oil per day during a 24 hour production test conducted between 23 May to 24 May 2000.

ENERGY DEVELOPMENTS LIMITED (3 June 2000)

Principal Mutual Holding Company became a substantial shareholder in Energy Developments Australia Limited on 31/05/2000 with a relevant interest in the issued share capital of 4,811,567 ordinary shares (5.18%).

Geographe Resources (3 June 2000)

In February Geographe announced that it had entered into a conditional agreement to acquire Resources Trading Systems Pty Ltd ("RTS"). Pursuant to the terms of the agreement Geographe subscribed for new shares in RTS equivalent to 13% of the enlarged issued share capital of RTS and subject to certain conditions being satisfied by RTS, Geographe contracted to purchase additional shares in RTS pro rata from existing shareholders for a cash consideration of $1,125,000. This would have resulted in Geographe's shareholding in RTS increasing to 26%, following which, Geographe would acquire the remaining 74% of shares in RTS for issue of Geographe shares and options. Certain of these conditions have not been met by RTS to the satisfaction of Geographe, by the due date, as a result of which the agreement has come to an end.

HARDMAN RESOURCES NL (3 June 2000)

The Directors of the Company advise that the remaining 15,774,774 options in relation to the Company's recent rights issue has been placed through Intersuisse Corporate Pty Ltd. Intersuisse Corporate Pty Ltd will receive a fee of 6% of the funds raised by it.

This placement completes the issue of 52,589,098 options to raise $2,629,455 pursuant to a Prospectus lodged 30 March 2000.

Indian Mining Corp (3 June 2000)

At the Annual General Meeting shareholders approved the change of status of the Company from a no liability company to a public company limited by shares.

JULIA MINES LIMITED (3 June 2000)

Shareholders of Perth based gold explorer Julia Mines Limited have today approved the change of name to Julia Corporation Limited, reflecting the company's ongoing diversification into information technology enterprises.

The company will own 75 per cent of the issued shares in Sydney based Smart Silicon Systems Pty Ltd on 1st July and is involved in talks with smart card designers and suppliers Banque-Tec International with a view to increasing its stake in that company from 4.7 per cent to 51 per cent.

LAKES OIL NL (3 June 2000)

Lakes Oil N.L. wishes to announce that as a 6 am, Thursday 1 June 2000, the North Seaspray-3 well was still at a depth of 187 metres and pressure testing BOP’s. North Seaspray-3 is being drilled to evaluate the gas sands(s) encountered in North Seaspray-1 which was drilled in 1962 by Arco/Woodside. The sand(s) is anticipated to be intersected at approximately 1130 metres. It is planned to drill the target section with air in order to minimise damage to the reservoir sand.

For further information, click here

MACMIN NL (3 June 2000)

DRILLING PROGRAM AT THE TEXAS PROJECT (QUEENSLAND) COMPLETED LATE IN MAY – RESULTS TO BE ANNOUNCED IN APPROXIMATELY 2 WEEKS

The drilling program in and around the conceptual pit at the Twin Hills silver development, Texas Project was completed late in May. All assays have not yet been received but it is anticipated that drill hole results will be announced in approximately two weeks together with an update on the progress of mine planning and proposed mine development.

For further information, click here

Maiden Gold (3 June 2000)

Rockfield Investments Limited increased its relevant interest in Maiden Gold on 19/05/2000, from 7,068,000 fully paid - 20c voting shares (22.2%) to 20,328,111 voting shares (39.7%).

MICHELAGO LIMITED (3 June 2000)

In order to clarify certain statements made at the base of "Margin Call", page 34 of the Australian on 2 June 2000, please be advised:

* Michelago carried out an initial review of the e-Data business a number of months ago.

* Michelago is not in negotiation to purchase the e-Data business.

* Michelago did not authorise nor has knowledge of the source of the statements made in relation to it in "Margin Call".

Minerals Corporation (3 June 2000)

Minerals Corphas further progressed the rationalisation of its business operations with the aim of having a smaller number of larger scale profitable business lines with good cash flows.
The black product business line (Manganese Dioxide) has been sold for a cash sum which is to remain confidential.
In addition, the company has completed its disposal programme of mobile fleet units of the Radfords Contract Mining Division but retaining at this stage a minimum fleet to service a few ongoing larger and profitable contracts.

Murchison United (3 June 2000)

Murchison announced that it had appointed Ms Stacey Apostolou as Finance Director of the Company effective immediately.

NEWCREST MINING LIMITED (3 June 2000)

Newcrest Mining Limited is pleased to announce that it has awarded the Contract for underground development and production mining for the Ridgeway Project to Peabody Mining Services Pty Ltd.

The value of the Contract is approximately $138 million which is within the Company's Feasibility Study estimate.

The Contract includes:

* Trial mining works, from July 2000.

* Capital development for construction, commencing when Development Consent for the Ridgeway Project is granted by the NSW Government.

* Production works, from project commissioning to December 2003.

NORWEST ENERGY NL (3 June 2000)

At 0600 hours Central Standard Time today, Puffin 5 was drilling ahead in 8(1/2) inch hole at 2088m towards the planned total depth 2377m. Core #2 was cut immediately below core #1 and recovered 5.1m of sandstone.

The sandstone intersected in core #2 is described as colourless, translucent, loose, fine to dominantly medium grained, trace of coarse grained, moderately sorted, with subround to spherical grains. No visible matrix, occasional pyrite cement and common trace pyrite nodules. It is interpreted that the sandstone in core #2 has very good visual porosity and is considered to be below the oil-water contact.

NORWEST ENERGY NL (3 June 2000)

West Oil NL announces that as at 6:00am (CST) Friday, 2nd June, Puffin-5 was at 2,090 metres and drilling ahead having completed coring of the primary objective.

A further 5.5 metres of core has been recovered in the last 24 hours making a total of 14.5 metres of core from the primary objective.

Oil Search Ltd (3 June 2000)

Portfolio Partners Limited increased its relevant interest in Oil Search Limited on 31/05/2000, from 40,558,687 ordinary shares (7.71%) to 50,552,103 ordinary shares (9.62%).

Pacmin Mining Corp (3 June 2000)

Pacmin are continuing their on-market share buy back programme.

Pancontinental Oil & Gas (3 June 2000)

The Philippines National Oil Company (PNOC), as operator of the Aparri Basin GSec 84 Joint Venture has advised that at 6.00am, 2 June 2000, (Philippines time) 25 days after spudding, the Fuga 1 exploration well has reached a depth of 5385 feet (1641 metres).

PERSEVERANCE CORPORATION LIMITED (3 June 2000)

The Directors are pleased to announce that they have made a placement of 7,100,000 fully paid shares to clients of Johnson Taylor Limited, DJ Carmichael Pty Limited and William Noall Limited at a price of $0.10 per share to raise $710,000 before expenses.

The proceeds of the placement will be used for working capital.

RIO TINTO LIMITED (3 June 2000)

Rio Tinto has filed a further Substantial Shareholder Notice with Australian Stock Exchange today showing its holding in Comalco at 95.67%.

RIO TINTO LIMITED (3 June 2000)

Pacific Aluminium Pty Ltd increased its relevant interest in Comalco Limited on 01/06/2000, from 521,404,666 ordinary shares (93.00%) to 536,374,387 ordinary shares (95.67%).

Shield Equities (3 June 2000)

The three resolutions to be considered were passed at the general meeting of shareholders.

Sons of Gwalia (3 June 2000)

Principal Mutual Holding Company increased its relevant interest in Sons Of Gwalia Limited on 31/05/2000, from 5,696,928 ordinary shares (5.01%) to 7,020,409 ordinary shares (6.03%).

Stirling Resources (3 June 2000)

Directors wish to advise that in order to comply with the ASX listing rules for re-listing of the Company's securities, a full compliance prospectus must be lodged with the ASX and ASIC. This is presently in the process of completion. Trading is expected to resume on a consolidated basis shortly after the lodgment of the prospectus.

Strike Mining / BHP (3 June 2000)

Under the terms of the May 1998 Hodgkinson Gold Project Agreement with BHP Minerals Pty Ltd (BHP), Strike Mining NL (Strike) was committed to expend an amount of $1.5 million on exploration over a two year period, approximately half of which was to be directed towards the drilling of existing and future targets.
Significant progress was made toward this commitment by the expenditure of approximately $1.2 million on programmes involving geological mapping, geochemical sampling, geophysics, target generation and initial drilling of anomalies. However, with the 2000 field season being delayed by an extended North Queensland wet season and with a shortfall of expenditure evident, a variation to the Agreement was confirmed with BHP whereby the commitment to expend an amount of $1.5 million was extended by one year to May 2001. This provides the opportunity to follow-up further anomalies interpreted from a recent aerial geophysical survey conducted by the Department of Mines and Energy.

Strike Mining (3 June 2000)

A general meeting of the shareholders of Strike will be held at the Parkroyal Hotel, Alice Street, Brisbane at 11.00 am on 5 July 2000 to conduct the following special business:

1 ACQUISITION OF SELECT-TEL HOLDINGS PTY LTD
2 CHANGE IN ACTIVITIES
3 ALLOTMENT OF SHARES UNDER PROSPECTUS
4 APPOINTMENT OF DIRECTORS
5 CHANGE IN STATUS
6 CHANGE OF NAME
7 AMENDMENT OF CONSTITUTION
8 TERMINATION BENEFITS PAYABLE TO ANTHONY FAWDON
9 TERMINATION BENEFITS PAYABLE TO JOHN GALLO
10 REMUNERATION OF NON-EXECUTIVE DIRECTORS

TECTONIC RESOURCES NL (3 June 2000)

Tectonic Resources NL is pleased to announce that the recent reverse circulation (RC) grade control drilling program in the upper levels of the RAV 8 Nickel (Ni) sulphide deposit has increased the total resource from 184,120 tonnes at 6.07% Ni to 207,350 tonnes at 5.95% Ni. The intersections obtained in these drilling programs were previously reported on the 3rd and 17th May 2000.

TROY RESOURCES NL (3 June 2000)

Troy Resources Nl ceased to be a substantial shareholder in Cambrian Resources Limited on 31/05/2000.

ADMIRALTY RESOURCES NL (2 June 2000)

Admiralty advised the change to office and contact details as follows:

Street Address: Level 13, 379, Queen Street, Brisbane, Qld 4000
Postal Address: GPO Box 147, Brisbane, Qld 4001
Telephone: (07) 3229 2677
Facsimile: (07) 3229 4066

ANACONDA NICKEL LIMITED (2 June 2000)

In the month of May 2000, Murrin Murrin achieved a monthly production of 1210 tonnes of nickel and 104 tonnes of cobalt, which is 100% above the monthly average for the first quarter.
Almost all nickel production achieved 99.8% contained metal LME specification, as did cobalt for LMB high purity specification.
This is a satisfactory result as (over the entire period) the plant was forced to operate without major pieces of equipment due to design errors by the EPC contractor. These materials deficiencies will be addressed over the next few months by Anaconda (and back charged to the EPC contractor). Production will accordingly be flat this month before the next significant increases in LME/LMB quality production expected in July.

AURIDIAM CONSOLIDATED NL (2 June 2000)

The Company is pleased to advise that its 60% owned subsidiary, Recom Engineering, has entered into an agreement to acquire 100% of the assets and business of Allmakes Compressors. The acquisition is subject to satisfactory completion of due diligence.

AUSTRALIAN MINERALS PROCESSORS LIMITED (2 June 2000)

The directors of Australian Mineral Processors Limited wish to advise that the Deutsche Borse AG has approved the application for listing of the Company's securities on the Third Market Segment of the Frankfurt Exchange, effective 30 May, 2000.

AUSTRALIAN SANDSTONE INDUSTRIES LIMITED (2 June 2000)

Treasure Rich Industrial (Australia) Pty Ltd ceased to be a substantial shareholder in Australian Sandstone Industries Limited on 19/05/2000.

CALEDONIAN PACIFIC MINERALS (2 June 2000)

The directors are pleased to announce that the Company has completed the acquisition of Quadtel International Pty Ltd, in accordance with the Special Resolution passed at the General Meeting of shareholders held on Monday, 29 May 2000.
The 46,085,005 fully paid ordinary shares issued to the vendors are restricted securities under the ASX listing rules, and will be subject to an escrow period of twelve months from the date of issue as required by ASX.

CAPRAL ALUMINIUM (2 June 2000)

Principal Mutual Holding Company became a substantial shareholder in Capral Aluminium Limited on 30/05/2000 with a relevant interest in the issued share capital of 11,222,272 ordinary shares (5.45%).

CARPENTER PACIFIC RESOURCES (2 June 2000)

Carpenter Pacific Resources NL has changed its registered office and principal place of business from Level 14 Chancery House, 37 St George's Terrace Perth WA 6000, to Level 4 Chancery House, 37 St George's Terrace Perth WA 6000.
All contact numbers remain the same, they are PH: (08) 9326 5700 FAX: (08) 9326 5799.

CENTENNIAL COAL COMPANY LIMITED (2 June 2000)

The Chairman of Centennial Coal, Mr Alf Paton, today announced the pending appointment of Dr Ken Moss to the Board of Centennial. Dr Moss is also the recently appointed Chairman of Boral Limited and will become a Director of National Australia Bank in August.

Dr Moss will join Centennial's Board in August and assume the role of Chairman following his retirement as Managing Director of Howard Smith Limited. Mr Paton, who has served as Chairman since the float of Centennial six years ago, announced his intention to retire at the last Annual General Meeting and will now step down upon Dr Moss' appointment.

COAL & ALLIED INDUSTRIES (2 June 2000)

CAIL advised that Don Carruthers has resigned from the Board effective today for personal reasons.

CPH INVESTMENT CORP (2 June 2000)

CPH Management Limited, the responsible entity and Manager of CPH Investment Corp, today announced that it will issue approximately 408 million units to investors at an issue price of 60 cents per unit to raise approximately $245 million in cash.

DOMINION MINING (2 June 2000)

Dominion has withdrawn from the farm-in agreement with Western Metals Limited on the Hellyer Tailings Project in Tasmania.
Dominion entered into the agreement in September 1999 to earn a 50% interest in the Project by funding and managing a A$5 million Feasibility Study into extracting an estimated 1 million ounces of gold, 30 million ounces of silver and 300,000 tonnes of zinc.
Due to the refractory nature of the gold and silver, only a small proportion of these metals were recovered from the original Hellyer mining operations using conventional processing techniques.

During the first phase of the Feasibility Study which commenced in October 1999, Dominion, with the assistance of international consultants Bateman Engineering, evaluated a number of alternative processing methods to determine the most suitable approach to recover a significant proportion of the gold and silver and maximise the recovery of the base metals.
Unfortunately, none of these options met Dominion's expectations technically or commercially to form the basis of a bankable proposal and enable project development to proceed.

EASTERN ALUMINIUM LIMITED (2 June 2000)

We advise of the following changes in officers of Eastern Aluminium Limited which are effective from 1 June 2000:

* Mr R J Fynmore and Mr G H Austin have resigned as Directors. Mr Fynmore was also the Chairman of Eastern.

* Mr B M Baltzell and Ms S E In't Veld have been appointed by the Board as Directors. Mr Baltzell has also been appointed as Chairman and Managing Director. The existing CEO, Mr R B Longley, will now report to the Managing Director.

* Mr M P Lilly has been appointed as a Secretary to Eastern.

The above appointees are employees of Alcoa of Australia Limited, the Major shareholder of Eastern. Mr Baltzell is the Managing Director, Ms In't Veld is Executive Director and General Counsel, and Mr Lilly is Corporate Solicitor and Company Secretary.

Alcoa has made a takeover offer for all the shares in Eastern, which will close on 14 July 2000, unless extended. Alcoa is currently entitled to approximately 76% of Eastern shares.

EQUATORIAL MINING (2 June 2000)

Equatorial announcds the signing of a conditional agreement for the sale of its wholly owned subsidiary Equatorial Mineral Park, Inc, owner of the Mineral Park Copper Mine in Northwestern Arizona, USA. Mineral Park currently produces approximately 5 million pounds of copper cathode per annum.
The consideration for the sale will be the issue of approximately 23 million ordinary shares in Silver Eagle Resources Ltd, a publicly traded corporation listed on the Canadian Venture Exchange, to a wholly-owned subsidiary of Equatorial Mining Limited. Based on a closing price of C$0.40 on May 26, 2000, the transaction is valued at approximately C$9,224,350, and will represent 40% of the issued shares in Silver Eagle.

GOLD PARTNERS LIMITED (2 June 2000)

Gold Partners Ltd is pleased to announce that all parties except AGN International Ltd, who are expected to sign in the next few days, have signed the agreement for the acquisition of Hypertrade.com Pty Ltd.

GYMPIE GOLD LIMITED (2 June 2000)

Downer Group Limited today announced that its mining division Roche Mining had been awarded a $60 million underground mining contract by Gympie Gold Limited to develop and operate the Lewis Mine in south-east Queensland.

HERALD RESOURCES LIMITED (2 June 2000)

Herald owns, (prior to the issue below) 7,776,499 shares representing 60% of the issued capital of its subsidiary, Canadian-listed company International Annax Ventures Inc.

DRILLING PROGRAM AND FUNDING IN PLACE

The Directors of International Annax Ventures Inc. are pleased to announce that the Forestry Department of Indonesia has issued the necessary permitting to allow a continuation of drilling at the IAX Dairi Project in North Sumatra. IAX has a 70 to 80 percent interest in the Dairi Project, which interest may vary based on future participation elections of underlying interest holders.

Drilling will now commence in the forestry reserve covering IAX's Dairi Project's Sopokomil Zn-Pb-Ag prospect. Delays in obtaining such permit to enable future drilling contributed to the recent decision by the Company's former joint venture, partner to withdraw from the Dairi Project.

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IVANHOE MINES LIMITED (2 June 2000)

Robert M Friedland, Chairman of Ivanhoe Mines, is pleased to announce the completion of a final, comprehensive Development Plan commissioned for the Letpadaung copper deposit, the second phase of the large Monywa Project in Myanmar. The Plan, prepared by Minproc Limited, of Australia, estimates annual production of 125,000 tonnes (276 million pounds) of cathode copper beginning in April, 2003, with minegate cash operating costs of 35 cents (US) a pound over the projected 20-year mine plan.

IVANHOE MINES LIMITED (2 June 2000)

HIGHLIGHTS - First Quarter
(All amounts stated in US dollars)

Ivanhoe Mines' 50%-owned S&K Copper Mine, the first phase of the Monywa Copper Project in Myanmar, produced 7,061 tonnes (15.6 million pounds) of cathode copper in the first quarter ended March 31, 2000, a 14% increase over the same period in 1999.
Copper sales from the S&K Mine totalled 6,290 tonnes (13.9 million pounds) in the quarter. Ivanhoe Mines' share of revenue from copper sales was $5.3 million, up 9% from a year earlier. The company's share of net profits from copper sales was $1.4 million, compared to $0.7 million during the same period in 1999.
The average copper price received by S&K during the quarter was approximately 80 cents a pound, a 29% increase over the average price of 62 cents a pound received in the first quarter of 1999.
Minegate production cash costs at S&K were approximately 25 cents a pound of copper. Total costs, including depreciation, depletion and royalties, were approximately 64 cents a pound. S&K is one of the lowest-cost primary copper mines in the world.
Work began on an expansion to increase S&K's annual production capacity by 40% to 35,000 tonnes (77 million pounds). The expansion is being funded from the mine's operating cash flow.
The S&K Mine paid $11.8 million from its operating cashflow into an escrow account to meet the second scheduled instalment payment on its long-term project loan. The outstanding balance on the loan, originally $90 million, will be reduced to $75 million when the escrowed funds are applied in August of this year.
The S&K Mine reached another international safety benchmark when it surpassed two million hours worked without a disabling injury. The mine has operated for more than 18 months without a disabling injury to any of its 540 workers.
Sample shipments of S&K's cathode were submitted to independent copper users appointed by the London Metal Exchange (LME). The users are testing the purity of the cathode as part of the procedure for registration of the mine as a producer of LME Grade A copper. Upon receipt of the LME registration, S&K will realize a premium for its cathode of approximately $30 a tonne, or 1.4 cents a pound.
The final, independent development plan for the large Letpadaung deposit, the second phase of the Monywa Copper Project, was completed and submitted to the company's joint venture partner for its review. Subject to financing and government approval, Letpadaung is expected to produce 125,000 tonnes (276 million pounds) of cathode copper a year beginning in 2003, with cash operating costs of 35 cents (US) a pound over the projected 20-year mine plan.
The company's ongoing exploration program in Northeast Kalimantan, Indonesia, recorded one gold discovery - the Seruyung prospect - and three base-metal discoveries - the Gupak, Mamak and Kelapis prospects. Exploration is also continuing on prospects in Myanmar and South Korea.
In May, the company entered into an agreement with BHP Limited which gives Ivanhoe the right to earn a 100% interest in the Turquoise Hill (Oyu Tolgoi) copper/gold discovery in Mongolia. Exploration is now underway to confirm the project's potential to host a large, long-life, copper deposit amenable to open-pit mining and the low-cost, high-efficiency SX-EW recovery process that Ivanhoe has successfully implemented at the S&K Mine.

KINGSTREAM STEEL LIMITED (2 June 2000)

The company advises that all resolutions placed before the annual general meeting of members, with the exception of resolution 2.1 for the re-election of Mr Leon Chu (which was withdrawn prior to the meeting), were carried.

LAKES OIL NL (2 June 2000)

Lakes Oil NL wishes to announce that as at 6am this morning, Thursday 1 June 2000, the North Seaspray-3 well was still at a depth of 187 metres. Anticipated operations for the next 24 hours; running mast proof test, installation and testing of BOP's.

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MINERALS CORPORATION LIMITED (2 June 2000)

The Directors of Minerals Corporation Limited are pleased to announce a bonus issue of options over unissued shares of MSC on the basis of one option for every four (1:4) fully paid ordinary shares held by shareholders registered on the share register after the last file update on 31st July 2000.

Each option entitles the holder to acquire one fully paid ordinary share in MSC at an exercise price of 40 cents on or before 31st January 2003.

NORWEST ENERGY NL (2 June 2000)

Core 1 in Puffin 5 has been cut from a depth of 2047.3m to 2056.6m. This core which is being flown to Darwin for further analysis confirms hydrocarbons have been intersected in Puffin 5.

Current operation is cutting core number 2 through the K1a Sandstone reservoir.

The sandstone intersected in core 1 is described as colourless, translucent, friable to loose, fine to dominantly medium grained, trace of coarse grained, moderately well sorted, with subround to spherical, trace pyrite nodules and trace of glauconite. It is interpreted that the sandstone has very good visual porosity.

NORWEST ENERGY NL (2 June 2000)

West Oil NL announces that as at 6:00am (CST) Thursday, 1st June, that the operator was preparing to run Core No 2 after having run Core No 1 over 9.2 metres.

Observations from 1 metre intervals from Core No 1 indicated a 9 metre section of sandstone dominantly medium grained with very good visible porosity, 100% bright yellow white fluorescence extended from the top of the core down to 2054 metres which is equivalent to the oil water contact in Puffin-1.

OIL COMPANY OF AUSTRALIA (2 June 2000)

Directors declared a final dividend of 5 cps. The dividend is unfranked and will be paid on Thursday, 22 June 2000. Books will close on the 14 June.
An interim dividend of 2 cps unfranked was paid on the 9 March 2000, making the full year dividend 7 cps.

OIL COMPANY OF AUSTRALIA (2 June 2000)

Progress Report PL 22 New Royal 7

New Royal No 7, an Oil Appraisal Well, situated approximately 230 metres northwest of Regatta No 1, lattitude 27 deg 06 min 19.84 sec south, longitude 148 deg 52 min 27.07 sec east, was spudded at 01:00 hours on May 31, 2000. Surface casing was set at 163.4 metres RT at 06:00 hours today. The well was at a total depth of 167 metres RT and installing blow out preventors. Progress for the week was 167 metres.
The primary target of the well is the showgrounds sandstone. The secondary targets are the intra moonlayember formation and the basal evergreen sandstone.

Weekly Drilling Summary :

Moomba 110 - Drilling ahead. Current depth and progress for the week is 2042m. The well spudded on 26/05/00.

Della 22 - Dela 22 has been cased and suspended as a future Permian gas producer. The well reached a total depth of 2,108m, with no progress for the week. The rig was released on 27/5/00 and moved to Della 21, a PPL 15 gas development well.

Della 21 - Drilling ahead. Current depth and progress for the week is 435m. The well spudded on 30/5/00.

Pondrinie North 2 - Drilling ahead. Current depth and progress for the week is 1,664m. The well spudded on 25/05/00.

Challom 18DW - Drilling ahead. Current measured depth is 1,508m, with 493m progress for the week.

Challum 18 is a high angle well with two sub-horizontal lateral well bores designed to drain separate reservoirs in the Permian age Toolachee Formation. Challum DW1 is designated the lower lateral wellbore while Challum DW2 is designated the upper lateral wellbore.

Scotia 6 - Scotia 6 has been cased and suspended as a future gas producer from the Baralaba Coal Measures. The well reached a total depth of 926m, with no progress for the week. The rig was released on 27/5/00 and moved to Scotia 7, an ATP 378P Gas Appraisal well.

Scotia 7 - Drilling ahead. Current depth and progress for the week is 312m. The well spudded on 30/5/00.

New Royal 5 - New Royal 5 has been cased and suspended. The well reached a total depth of 1,538m, with no progress for the week. The rig was released on 25/5/00 and moved to New Royal 7, a PL22 oil appraisal well.

New Royal 7 - Pulling out of hole to run surface casing. Current depth and progress for the week is 167m. The well spudded on 31/5/00.

West Mereenie 17 - rilling ahead. An open hold flow test in the Pacoota Sandstone at a depth of 1,190 m flowed gas to surface at a rate of 757,277 cubic metres per day (26.74 mmcfd) across a 38mm (1(1/2))" orifice plate. Current depth is 1,270m, with 765m progress for the week.

Runnels 1 - Preparing to drill ahead having run and cemented 178mm (7") intermediate casing. Current depth is 3,170m. The well spudded on 14/5/00.

PACMIN MINING CORP (2 June 2000)

Pacmin are continuing their on-market share buy back programme.

PASMINCO LIMITED (2 June 2000)

PASMINCO FLAGS LOWER SECOND HALF EARNINGS

Pasminco today advised that earnings for the second half of the 1999/00 financial year were expected to fall short of the result for the first half of the current year.

PRIMA RESOURCES LIMITED (2 June 2000)

The Company wishes to advise that Mr Martin Bennett of Bennett & Co, Barristers & Solicitors has been appointed by Mr Barry Fehlberg as his alternate director to the Board of Prima Resources Limited.

RAMSGATE RESOURCES (2 June 2000)

Ramsgate has changed its registered office and principal place of business from Level 14 Chancery House, 37 St George's Terrace Perth WA 6000, to Level 4 Chancery House, 37 St George's Terrace Perth WA 6000.
All contact numbers remain the same, they are PH: (08) 9326 5700 FAX: (08) 9326 5799.

RIO TINTO LIMITED (2 June 2000)

RIO TINTO ACHIEVES 94.73% INTEREST IN COMALCO

Since filing a Substantial Shareholder Notice with Australian Stock Exchange this morning, Rio Tinto has received further acceptances which take its interest in Comalco to 94.73%.

RIO TINTO LIMITED (2 June 2000)

Pacific Aluminium Pty Ltd increased its relevant interest in Comalco Limited on 26/05/2000, from 515,180,805 ordinary shares (91.89%) to 521,404,666 ordinary shares (93.00%).

SARACEN MINERAL HOLDINGS (2 June 2000)

Saracen has changed its registered office and principal place of business from Level 14 Chancery House, 37 St George's Terrace Perth WA 6000, to Level 4 Chancery House, 37 St George's Terrace Perth WA 6000.
All contact numbers remain the same, they are PH: (08) 9326 5700 FAX: (08) 9326 5799.

SOUTHERN CROSS EXPLORATION (2 June 2000)

Results of Annual General Meeting - On a show of hands, resolutions numbered 1, 2 and 3.1 as printed in the relevant Notice of Meeting were carried.

STRAITS RESOURCES (2 June 2000)

Straits has finalised the disposal of its 50% interest in the Tritton Project to Nord Pacific Limited for a total cash consideration of $9.0 million. In accordance with the terms of the sale agreement, the company has received the first installment payment of $3.0 million.

TAP OIL (2 June 2000)

AMP Limited decreased its relevant interest in Tap Oil NL on 30/05/2000, from 13,439,060 voting shares (10.23%) to 10,071,124 voting shares (9.19%).

TECTONIC RESOURCES (2 June 2000)

Tectonic has been made aware of an article that has appeared in the June edition of the Minerals Gazette. The article states that Tectonic Resources has signed an agreement with Homestake Gold of Australia to acquire Homestake's interest in the Kundip joint venture.
The directors of Tectonic Resources advise that no announcement has been made and no agreement has been made whereby Tectonic Resources has acquired 100% interest in the Kundip joint venture.
Tectonic Resources confirms that it has approached Homestake with the view to Tectonic spending some exploration funds on the Trilogy mineralisation to further test the previously identified mineralised region, however, no agreement has been arrived at with Homestake nor is it intended that any agreement contemplate Homestake disposing of any joint venture interest in the immediate future.
Any discussions at this stage are not concluded and an announcement of any arrangement will be made, if appropriate, in the future.

TRITON CORPORATION LIMITED (2 June 2000)

An Extraordinary General Meeting shareholders of Triton Corporation Limited will be held on Friday, June 30, 2000, at the North Sydney Harbour View Hotel, 17 Blue Street, North Sydney, commencing at 10.00am.

TRITON CORPORATION LIMITED (2 June 2000)

Indonesia's largest and longest established securities brokerage firm, PT Makindo Tbk, will implement Triton Secure's SAFLINK range of biometric software and hardware solutions under a wide-ranging agreement.

As well as implementing the technology, Makindo is being appointed as Triton Secures first Asian reseller for its range of biometric identification and authentication solutions.

TRITON CORPORATION LIMITED (2 June 2000)

Australia's first biometrically authenticated timesheets for contract workers will be implemented by e-Contract, a specialist network services recruitment agency. The solution, designed by Triton Secure and tailored to suit e-Contract's specific demands, will bring immediate benefits to contractors and on site managers.

WESTGOLD RESOURCES (2 June 2000)

Westgold has changed its registered office and principal place of business from Level 14 Chancery House, 37 St George's Terrace Perth WA 6000, to Level 4 Chancery House, 37 St George's Terrace Perth WA 6000.
All contact numbers remain the same, they are PH: (08) 9326 5700 FAX: (08) 9326 5799.

Alkane Exploration NL (1 June 2000)

Zirconia product ranging in quality up to 98.5% and 99.1% ZrO(2) (+HfO(2)) has been produced from laboratory scale testwork carried out over the last few months as part of the feasibility study to produce high purity zirconia (ZrO(2) + HfO(2)), a yttria-rare earth concentrate (Y(2)O(3) - REO) and a niobium-tantalum concentrate (Nb(2)O(5) - Ta(2)O(5)) from the Dubbo deposit located 400km north west of Sydney in the central west of New South Wales.

Samples of these products are currently being distributed world wide to potential consumers and/or marketing agents for their analysis and comment on market acceptability and price.

AMX Resources Limited (1 June 2000)

AMX Resources today announced that it had selected the technology to allow the immediate deployment of Australia's first broadband wireless local loop (WLL) network. AMX is planning to deploy a nationwide network providing enhanced telecommunications services based on a true "last mile" solution capable of delivering broadband services to support voice, video and data applications.

Australian Gas Light Company (1 June 2000)

Mr Len Bleasel, Managing Director of AGL, today announced that AGL is to take a 20% direct investment share of TransACT Communications Pty Limited.

TransACT is rolling out the first broadband fibre-optic telecommunications local access network in the Australian Capital Territory. This state-of-the-art network will provide telephone, video and high-speed data services to Canberra residents and businesses at up to 56 Mbps reinforcing Canberra's position as a "smart" city.

Australian Mining Investments Limited (1 June 2000)

Australian Mining Investments announce the drilling program, which had been delayed due to the adverse weather conditions that recently occurred in central Queensland is now 50% complete. The drilling sites are located between Longreach and Winton about 20 km east of the Thompson River where unseasonably high flood levels occurred during recent rains.

The first well was spudded in on 18th April and reached the design depth of 1,152 meters on 23rd April. The second well was commenced on 19th May and reached its designed depth of 1,130 meters on 24th May. The third well was commenced on 30th May. Drilling is expected to be complete in June with fraccing and de-watering to follow prior to gas flow testing.

Bass Strait Oil Trust (1 June 2000)

Pursuant to Listing Rule 3.1, we announce that the royalty received for the quarter ended 31 March 2000 was $10,498,940, making a total for the half year of $20,198,255. This is $2,398,255 (13.5%) higher than the estimate contained in the Prospectus on an annualised basis. The principal reason for this higher half yearly royalty was the higher average oil price for the 6 months ended 31 March 2000.

Bemax Resources NL (1 June 2000)

Notice is given that an Extraordinary General Meeting of Members of the Company is to be held at the Hall Chadwick Centre, Level 12, Cnr Edward and Margaret Streets, Brisbane, OLD, 4000, on Thursday 29 June, 2000 at 10.30am. (Brisbane time).

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Broken Hill Proprietary Company Limited (1 June 2000)

BHP has announced that it has reached an agreement with Companhia Vale do Rio Doce (CVRD) to enter into a joint venture aimed at rationalising the Alegria Iron Ore Complex in Brazil.

The formation of the proposed joint venture is underpinned by CVRD's acquisition today of a 63.06% shareholding in Sociedade Aromima Mineracao da Trindade-Samitri from the Arbed Group for US$525 million.

BACKGROUND INFORMATION - SAMITRI & SAMARCO

SAMITRI
Samitri is a publicly listed Brazilian iron ore producer. The company's principal asset is its 51% interest in Samarco, a large, low-cost Brazilian iron ore pellet producer. In addition, Samitri owns and operates four iron ore mines - Alegria, Corrego do Meio, Morro Agudo and Andrade - in the state of Minas Gerais, Brazil.

Samitri currently has an annual production base of approximately 15 million tonnes of iron ore products; comprising sinter feed and concentrate (88%) and lump (12%). Apart from approximately 1.5 million tonnes of concentrate (which is sold to Samarco on an arms length basis), all of Samitri's products are railed under contract to the port of Tubarao in the state of Espirito Santo. Both the rail and port facilities are owned by CVRD.

SAMARCO
Samarco is a privately held Brazilian iron ore pellet producer, owned 51% by Samitri and 49% by BHP(1). Samarco owns and operates one of the largest and lowest cost iron ore pellet plants in the world.

Samarco's main operations comprise: an open-pit mine and concentration plant at Alegria; a pellet plant and port facility at Ponta Ubu; and a 396km concentrate slurry pipeline which links the mine and pellet plant. In addition, Samarco has shareholdings in two hydroelectric power stations, Guilman-Amorin (140MW, 49% owned) and Muniz Freire (25MW, 100% owned).

Cityview Energy Corporation Limited (1 June 2000)

The Annual General Meeting of the Shareholders of CityView Corporation Limited was held today 31 May 2000 with the meeting being broadcast live on the Internet.
All resolutions proposed for the meeting were passed.

Comet Resources NL (1 June 2000)

The Directors of Comet Resources NL advise that all Resolutions considered by members at today's General Meeting were passed.

Comet Resources NL (1 June 2000)

Comet Resources NL is pleased to announce the appointment of Ravensthorpe Nickel Operations Pty Ltd as manager for the operation and development of the Ravensthorpe Nickel Project.

Dalrymple Resources NL (1 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary shares - fully paid
Number of securities to be issued
490,397
Issue price of the securities
490,397 @ 20 cents per share
Purpose of the issue
Exercise of options

Diamond Ventures NL (1 June 2000)

At the Annual General Meeting of Diamond Ventures NL held this morning, each of the resolutions put to the meeting was passed.

Diamond Ventures NL (1 June 2000)

BUTTERFLY NORTH
The postulated northerly projection of the Butterfly Shear was targeted with vertical RAB drilling on 80 m x 20 m centres at the Butterfly North prospect, which is located within granite 500 m north of Butterfly. Anomalous historic drill intersections, including a 1989 drill intersection of 6m @ 9.0 g/t from 52m, define this prospect area. Best results from the current drilling - 28 m @ 3.2 g/t from surface, 8 m @ 7.1 g/t from 28 m and 4 m @ 11.6 g/t from 44 m - were returned from holes DVRB 119, 34 and 35 respectively, drilled adjacent to this early intersection. (It should be noted that the intersection in hole DVRB 119 has been determined from assays of 4m composite samples and although drilling was dry the results should be regarded as approximate). The attitude of this mineralisation is not clear at this stage although it appears to be unrelated to the Butterfly Shear. Further drilling is required to understand its geometry. Assay results are awaited from the last three RAB holes drilled on this prospect.

BUTTERFLY
Drilling of twelve vertical RC holes both up dip and down dip with respect to historic drillholes at the Butterfly deposit has returned best results of 7m @ 2.34 g/t from 13 m (up dip hole DVRC 18), 2 m @ 8.39 g/t from 9 m (up dip hole DVRC 11), 14 m @ 4.2 g/t from 24 m (infill hole DVRC 19), 4 m @ 10.9 g/t from 38 m (infill hole DVRC 9), 5 m @ 8.1g/t from 72 m (down dip hole DVRC 10) and 3 m @ 4.36 g/t from 54 m (down dip hole DVRC 7). True width is 85% of down hole width. These intersections lie within the 30 deg east dipping Butterfly Shear from which some 35,000 tonnes @ 7.7 g/t Au were mined in the early 1900's. Subsequently drilling since the mid-1980's has shown the Shear to be mineralised over a 250 m strike length and a down dip dimension of up to 100 m. The drilling just completed is resolving this mineralisation into several high grade shoots which appear to pitch at high angles down the plane of the Shear. This geometry is similar to that of the Admiral mineralisation and the host rock at Butterfly is also a highly magnetic dolerite or gabbro.

These results will be followed up with further drilling.

ADMIRAL
At Admiral three vertical RC holes were drilled on 20 m centres to test for the easterly down-plunge extension of a high grade shoot identified within the gently northeast dipping Admiral Shear. The Admiral Shear has been drilled by previous operators on 20m centres down dip beyond the Pit limits and the shoot can be traced in this drilling from the floor of the Pit eastwards for 180 m. Two of the holes drilled, DVRC 2 and DVRC 3, returned 5m @ 6.0 g/t from 106 m depth and 3 m @ 6.1 g/t from 105 m respectively, these intersections being essentially true width. These grades and widths encourage consideration for infill and additional step-out drilling along the shoot to evaluate its underground potential. The better grades of gold mineralisation in the Admiral Shear occur where it intersects a magnetite bearing gabbro and early interpretation suggests the high grade shoot within the Admiral Shear is developed within the magnetite bearing gabbro near its contact with an overlying basalt. An improved understanding of the controls on the localisation of the gold mineralisation will enable better targeting of the shoot in subsequent drilling programmes.

CLARK
The Clark prospect is located directly between Admiral and Butterfly and on the same magnetic dolerite/gabbro which hosts these two deposits. very little drilling is evident at Clark but observations at the old workings suggest the mineralisation to plunge and dip gently eastward as at Admiral and Butterfly. Best results from vertical RAB drilling on 40 m x 20 m centres are 8 m @ 4.54 g/t from 28 m, 4 m @ 7.59 g/t from surface, 8 m @ 6.99 g/t from 16 m and 8 m @ 3.82 from 40 m in holes DVRB 108, 109, 112 and 117 respectively. These intersections, compiled from assaying of 4 m composite samples, confirm the easterly dip of the mineralisation. Further drilling will be necessary here to explore for extensions of this mineralisation.

Drilling on the other six prospects returned numerous anomalous intersections but at this stage follow-up drilling is warranted only at the Duke North prospect.

East Coast Minerals NL (1 June 2000)

East Coast Minerals NL and Legend Mining NL announced on 24th May 2000, the recovery of what is believed to be the largest specimen of massive primary silver mineralisation in Australia today, if not the world.

We are pleased to advise that this unique specimen is being exhibited at the Perth Mint for the next three weeks.

Frontier Petroleum NL (1 June 2000)

Frontier Petroleum NL wish to advise that Mr John Chandler has resigned as a director of the company effective 31 May 2000.

General Gold Resources NL (1 June 2000)

The Board of General Gold Resources NL wishes to advise that Mr Robert Samuel Middlemas has resigned as Company Secretary of General Gold Resources NL.

The Board has appointed Mr Barry Casson as the new Company Secretary. Mr Casson already holds a position on the Board of General Gold Resources NL as Finance Director.

Gold Mines of Sardinia Limited (1 June 2000)

All resolutions put to shareholders today were passed without amendment.

Hillgrove Gold NL (1 June 2000)

FIRST QUARTER HIGHLIGHTS

PRESSURE OXIDATION
The plant operated at design throughput following the initial autoclave lining inspection during January 2000. The overall plant availability during this period was 91%, with a throughput averaging 1.1 tonnes per hour feed rate.

Gold recovery has been around 80% during the second half of the quarter due to increased proportion of previously stockpiled low grade material. The plant is continuing to be fine tuned with a view to obtaining increased throughput rates and gold recovery.

ANTIMONY TRIOXIDE PROCESS
The initial pilot plant campaign has been completed after providing market research product samples and engineering design data for the detailed design of the larger scale plant.

Reagent and chemical supply and byproduct offtake agreements have been executed with the chemical commodity trading house, Tennant Limited.

At the end of the quarter, agreement had been reached with Elf-Atochem Australia on the framework of a Distribution Agreement for the exclusive offtake of the antimony trioxide output of the proposed new facility. This follows the successful completion of the Market Research Programme between Elf and Hillgrove, which was concluded at the end of the previous quarter.

STATUTORY APPROVALS
A draft Environmental Impact Statement has been completed following local Community consultation and Planning Focus meetings with representatives of State and Local Government. Lodgement of the requisite Development Applications is scheduled to occur during the forthcoming quarter.

MINE DEVELOPMENT
Preparations for the operation of three distinct mining areas were further advanced during the quarter.

Road construction to the new Brackins Spur mining area continued during the quarter and is scheduled to be completed early June 2000.

The successful tenderer for the Metz Decline to access below 7 level mobilised during the quarter, completed portal construction and has commenced driving of the first portion to 8 level RL. The Decline is expected to reach the end of the first stage, below 9 level RL, by mid August 2000.

Dewatering of the Eleanora Mine continued during the quarter and 9 level re-accessed for further on lode development work.

Jubilee Mines NL (1 June 2000)

Jubilee is continuing the intensive exploration of the Cosmos Deeps massive nickel sulphide deposit. To date, diamond drilling has completed a total of 15 primary core holes and 12 wedge holes, over an area of 200 x 160 metres. The mineralisation is located approximately 300 metres vertically beneath the planned base of the Cosmos open pit.

Mineral Commodities NL (1 June 2000)

At the Annual General Meeting held on the 31st May 2000, both Mr D L Ogg and Mr T Hannigan were re-elected Directors, and shareholders adopted the financial statements for the year ended 31st December 1999 and the reports thereon.

Minerals Corporation Limited (1 June 2000)

Minerals Corporation is pleased to announce that following the Baoscape Letter of Intent ASX announcement of 26th April 2000, Sinotel Limited, a member of the MSC Group, has signed a long term contract with the Shanghai Baoscape Information Technology Development Company Limited, to jointly establish operations both in software and telecommunications development in China.

Molopo Australia NL (1 June 2000)

Molopo Australia has commenced a pilot production test drilling program at it's Liulin coalbed methane gas project in China with the spudding of the LW-L1 well on May 30th, 2000.

The Company's 4 well pilot production test has been designed to test production rates and suitable completion techniques at Liulin, where an earlier 3 well exploration programme indicated a substantial in-place coalbed methane gas resource.

Mt Burgess Gold Mining Company NL (31 May 2000)

Mt Burgess are continuing their on-market share buy back programme.

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Norwest Energy NL (1 June 2000)

Puffin 5 intersected the top Puffin Lower K1a primary objective Sandstone reservoir at a depth of 2046m.

Current operation is pulling out of the hole to cut a core of this sandstone reservoir. No prediction can be made as to the gross and net hydrocarbon columns until the core is retrieved. A decision to test or not will be made once wireline logs have been run at total depth.

The sandstone intersected thus far is described as Arkosic: colourless, loose, fine to coarse grained, predominantly medium, moderately sorted, with subround to rounded grains, moderate to good sphericity, trace pyrite. It is interpretated that the sandstone has very good visual porosity.

Novus Petroleum Limited (1 June 2000)

Salam North-7X exploration well

Concession: Khalda Concession, Western Desert, Egypt
Location: 4.5 kilometres SE of the Tut field and 3.6 km north of the Salam field

Well Objectives: The main objective of the well is to confirm the extension of the Salam field to the north and test the potential of the Jurassic age Ras Qattara Formation
Primary objectives - Gas reserves in Jurassic age Ras Qattara Formation
Secondary objectives - Oil potential in Jurassic age Khatatba Formation
Final Drilled Depth: 3,851 metres
Results to Date: Final electric logging programme has been completed. A total of 9m of oil pay was identified in the Jurassic age Khatatba (2A and 2B) reservoirs. In addition, a total of 19m of gas pay was identified in the Khatatba 2F reservoir.

No pay was identified in the primary objective-Ras Qattara

Status of Well: The Joint Venture is considering whether or not to test the oil zone in Khatatba 2A and 2B and initially complete the well as an oil producer.The gas reserves will be exploited once the oil has been produced.

Oil Search Limited (1 June 2000)

The Oil Search Limited 1998 Converting Preference Shares will be suspended from quotation from the close of trading on Thursday 1 June, 2000 in accordance with the timetable for conversion of the 1998 CPS into ordinary shares of Oil Search Limited. Conversion is pursuant to the terms of the 1998 CPS. The 1998 CPS will convert into ordinary shares, as per the Information Memorandum, on 8 June 2000.

Oxiana Resources NL (1 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid Ordinary Shares
Number of securities to be issued
15,000,000 Shares
Issue price of the securities
10 cents per share
Purpose of the issue
Applied to Sepon Project Bankable Feasibility Study and a Completion payment to Rio Tinto.

Oxiana Resources NL (1 June 2000)

NOTICE OF EXTRAORDINARY GENERAL MEETING

Notice is hereby given that an Extraordinary General Meeting of Shareholders of Oxiana Resources NL will be held at the Media Centre, Australian Stock Exchange Ltd, Level 1, 530 Collins Street Melbourne on Friday 30th June at 11am.

Oxiana Resources NL (1 June 2000)

Oxiana Resources is to place up to 80 million ordinary shares at 10 cents per share to raise up to $8M to be applied towards acquisition of the Sepon copper and gold project in Laos and the Feasibility Study. The maximum allowable without shareholder approval, 15 million ordinary shares, have been placed and approval for the balance of the placement will be sought at a General Meeting of Shareholders to be held on 30 June 2000. For each share placed one option will be granted which will be convertible into an ordinary share on or before 30 September 2002 at an exercise price of 25 cents.

Pancontinental Oil and Gas NL (1 June 2000)

The Philippines National Oil Company (PNOC), as operator of the Aparri Basin GSec 84 Joint Venture has advised that at 6.00am, 31 May 2000, (Philippines time) 23 days after spudding, the Fuga 1 exploration well has reached a depth of 4799 feet (1462.7 metres). The well is drilling ahead in a 12(1/4)" hole.

No significant reservoir rocks have been encountered and the well is significantly beyond the prognosed depth at which the primary objective was anticipated. Rock chip samples are still being evaluated and the prospect of intersecting the Middle Miocene primary objective has not yet been ruled out by the operator.

Prima Resources Limited (1 June 2000)

Antomina Pty Ltd ceased to be a substantial shareholder in Prima Resources Limited on 24/01/2000.

Queensland Metals Corporation Limited (1 June 2000)

QMC has achieved another important milestone in the planned development of AMC's 96,000 tpa magnesium metal plant in Central Queensland, Australia.

Grant Samuel & Associates, in their role as independent expert, has concluded that the terms of the Australian Magnesium Corporation Pty Ltd restructure proposal agreed with Normandy Mining Limited (announced on 5 April 2000) are fair and reasonable to QMC's Shareholders not associated with Normandy and its related companies and officers.

Sabre Resources Limited (1 June 2000)

The share registry service for Sabre Resources Ltd is being changed.

Effective June 1st 2000 , the service will be provided by:
National Registry Services Pty Ltd
Level 1, 55 St Georges Terrace
Perth Western Australia 6000

GPO Box U 1936
Perth Western Australia, 6845
Telephone: 08 9220 4750
Facsimile: 08 9220 4755

The current providers, Computershare Registry Services, will complete
the current month to May 31st 2000 and then transfer records, for National Registry to commence from June 1st 2000.

Saint Francis Mining Limited (1 June 2000)

Due to the recent change of name of the Company to St Francis Group Ltd, the Stock Exchange codes for St Francis will be changed to reflect the new name from the commencement of trading on 2 June 2000 as follows:

* St Francis ordinary shares which are currently trading under ASX code SFM will trade under the new ASX code SFG.
* St Francis options which are currently trading under ASX code SFMOA will trade under the new ASX code SFGOA.

* St Francis options which are currently trading under ASX code SFMOB will trade under the new ASX code SFGOB.

Sons of Gwalia Limited (1 June 2000)

Colonial Limited increased its relevant interest in Sons Of Gwalia Limited on 26/05/2000, from 19,884,957 ordinary shares (17.32%) to 21,397,188 ordinary shares (18.39%)*.

Triton Corporation Limited (1 June 2000)

Australia's leading biometric technology provider, Triton Secure has signed a strategic alliance agreement with Iris Australia, a systems Integrator and distributor of IriScan and Sensar iris recognition products. Both companies will utilise each other's resources to market and sell their products to the Australian market.

West Oil NL (1 June 2000)

The securities of West Oil NL will be placed in pre-open pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Friday 2 June 2000 or when the announcement is released to the market.

Wednesday 14th June 2000 (Close of Business)
All Ords	3076.2	+5.0	Dow Jones	10,687.95	+66.11
ASX200	3118.2	+4.4	S&P 500	1470.54	+1.10
All Resources	1234.8	+12.4	Nasdaq	3797.41	+53.65
All Mining	609.1	+6.0	Gold - spot/oz	US$291.60	+6.10
All Gold	672.4	-0.2	Silver - spot/oz	US$5.06	+0.06
Energy	1453.9	+7.1	Platinum - spot	US$534.00	-17.00
All Industrials	5389.6	+1.2	Bridge CRB Index	224.71	-0.17
FTSE 100	6536.3	+89.2	Crude Oil (NYMEX)	US$31.17	-0.03
Nikkei	16,654.42	-260.53	Copper (spot $US/tonne)	US$1744.5	+0.5
Hang Seng	15,857.07	+164.13	Lead (spot $US/tonne)	US$422.0	+0.5
A$ = US60.06c		+0.37	Zinc (spot $US/tonne)	US$1110.0	+2.0
A$ = 64.14yen		+0.96	Nickel (spot $US/tonne)	US$8205.0	+5.0
A$ = 0.627Euro		+0.005	Aluminium (spot $US/t)	US$1489.5	+10.5
US 30-Year Bond	5.911%	-0.026	Tin (spot $US/tonne)	US$5510.0	+5.0
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Tuesday 13th June 2000 (Close of Business)
All Ords	3071.3	-30.6	Dow Jones	10,621.84	+57.63
ASX200	3113.8	-32.7	S&P 500	1469.44	+23.44
All Resources	1222.5	-6.2	Nasdaq	3851.06	+83.15
All Mining	603.1	+0.1	Gold - spot/oz	US$285.50	-0.90
All Gold	672.6	-2.9	Silver - spot/oz	US$5.00	-0.01
Energy	1446.8	+0.7	Platinum - spot	US$551.00	-3.00
All Industrials	5388.4	-58.0	Bridge CRB Index	224.88	+0.30
FTSE 100	6447.1	+16.2	Crude Oil (NYMEX)	US$31.20	+0.77
Nikkei	16,914.95	-65.66	Copper (spot $US/tonne)	US$1737.5	+11.5
Hang Seng	15,692.94	-362.11	Lead (spot $US/tonne)	US$422.0	no ch
A$ = US59.69c		+0.58	Zinc (spot $US/tonne)	US$1094.5	-2.5
A$ = 63.18yen		+0.04	Nickel (spot $US/tonne)	US$8325.0	+45.0
A$ = 0.622Euro		+0.002	Aluminium (spot $US/t)	US$1463.5	+14.5
US 30-Year Bond	5.937%	+0.062	Tin (spot $US/tonne)	US$5515.0	+60.0
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Monday 12th June 2000 (Close of Business)
All Ords	3101.9	closed	Dow Jones	10,564.21	-49.85
ASX200	3146.5	closed	S&P 500	1446.00	-10.95
All Resources	1228.7	closed	Nasdaq	3767.91	-106.93
All Mining	603.0	closed	Gold - spot/oz	US$286.40	+2.90
All Gold	675.5	closed	Silver - spot/oz	US$5.01	-0.03
Energy	1446.1	closed	Platinum - spot	US$554.00	+6.00
All Industrials	5446.4	closed	Bridge CRB Index	224.58	-0.41
FTSE 100	6430.9	-12.9	Crude Oil (NYMEX)	US$30.20	+0.42
Nikkei	16,861.91	+118.7	Copper (spot $US/tonne)	US$1725	+5.0
Hang Seng	16,055.05	-64.76	Lead (spot $US/tonne)	US$422.5	+1.0
A$ = US59.11c		+0.43	Zinc (spot $US/tonne)	US$1097	+2.0
A$ = 63.14yen		+0.60	Nickel (spot $US/tonne)	US$8410	-85.0
A$ = 0.620Euro		+0.004	Aluminium (spot $US/t)	US$1458	-2.0
US 30-Year Bond	5.875%	-0.015	Tin (spot $US/tonne)	US$5475	+12.0
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Friday 9th June 2000 (Close of Business)
All Ords	3101.9	+18.4	Dow Jones	10,614.06	-54.66
ASX200	3146.5	+19.8	S&P 500	1456.95	-4.72
All Resources	1228.7	+3.0	Nasdaq	3874.84	+49.28
All Mining	603.0	-7.3	Gold - spot/oz	US$283.50	-0.60
All Gold	675.5	-9.3	Silver - spot/oz	US$5.04	-0.03
Energy	1446.1	+28.0	Platinum - spot	US$548.00	-2.00
All Industrials	5446.4	+35.5	Bridge CRB Index	224.99	+0.79
FTSE 100	6443.8	-52.8	Crude Oil (NYMEX)	US$30.20	+0.42
Nikkei	16,861.91	-142.43	Copper (spot $US/tonne)	US$1720	+5.0
Hang Seng	16,120.26	+243.33	Lead (spot $US/tonne)	US$421.5	+2.0
A$ = US58.68c		-0.38	Zinc (spot $US/tonne)	US$1095	-3.0
A$ = 62.74yen		+0.30	Nickel (spot $US/tonne)	US$8495	-200.0
A$ = 0.616Euro		-0.003	Aluminium (spot $US/t)	US$1460	+12.0
US 30-Year Bond	5.890%	+0.015	Tin (spot $US/tonne)	US$5463	+48.0
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Thursday 8th June 2000 (Close of Business)
All Ords	3083.4	+12.6	Dow Jones	10,668.72	-144.14
ASX200	3126.7	+14.2	S&P 500	1461.67	-9.69
All Resources	1225.7	+8.2	Nasdaq	3825.56	-13.70
All Mining	610.3	-5.3	Gold - spot/oz	US$284.10	-3.00
All Gold	684.9	-2.3	Silver - spot/oz	US$5.07	-0.02
Energy	1418.1	+17.9	Platinum - spot	US$550.00	+6.00
All Industrials	5410.9	+19.9	Bridge CRB Index	224.21	+1.02
FTSE 100	6496.6	-7.2	Crude Oil (NYMEX)	US$29.78	-0.17
Nikkei	17,004.34	-140.62	Copper (spot $US/tonne)	US$1715.0	+8.0
Hang Seng	15,876.93	-23.13	Lead (spot $US/tonne)	US$419.5	+2.5
A$ = US59.06c		-0.29	Zinc (spot $US/tonne)	US$1097.5	+2.5
A$ = 62.44yen		-0.15	Nickel (spot $US/tonne)	US$8695	+25.0
A$ = 0.619Euro		+0.001	Aluminium (spot $US/t)	US$1448	+4.0
US 30-Year Bond	5.875%	+0.009	Tin (spot $US/tonne)	US$5415.0	+25.0
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

CHOKE SIZE (inches)	GAS FLOW RATE (mmscf per day)	CGR* (bbl/mmscf)	FTHP* (psi)	BS&W	CO(2)
20/64	6.8	75	3680	3%	5%
30/64	11.3	79	2730	5%	6%
56/64	18.4	89	1370	6%	6%

Wednesday 7th June 2000 (Close of Business)
All Ords	3070.8	-35.0	Dow Jones	10,812.86	+77.29
ASX200	3112.6	-37.4	S&P 500	1471.36	+13.52
All Resources	1217.5	+0.9	Nasdaq	3939.26	+82.89
All Mining	615.6	+5.5	Gold - spot/oz	US$287.10	-2.00
All Gold	687.2	+10.4	Silver - spot/oz	US$5.09	+0.01
Energy	1400.2	-7.0	Platinum - spot	US$544.00	-19.00
All Industrials	5391.0	-72.3	Bridge CRB Index	223.19	-1.82
FTSE 100	6503.8	-43.0	Crude Oil (NYMEX)	US$29.95	+0.2
Nikkei	17,144.96	-25.12	Copper (spot $US/tonne)	US$1695	-47
Hang Seng	15,900.06	+38.38	Lead (spot $US/tonne)	US$415	-7
A$ = US59.31c		+0.29	Zinc (spot $US/tonne)	US$1082	-19
A$ = 62.59yen		+0.01	Nickel (spot $US/tonne)	US$8495	-400
A$ = 0.618Euro		no ch	Aluminium (spot $US/t)	US$1423	-21
US 30-Year Bond	5.884%	-0.025	Tin (spot $US/tonne)	US$5375	-5
Live Quotes & Charts - Australia
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Tuesday 6th June 2000 (Close of Business)
All Ords	3105.8	+0.7	Dow Jones	10,735.57	-79.73
ASX200	3149.9	+1.1	S&P 500	1457.84	-9.79
All Resources	1216.6	-2.0	Nasdaq	3756.37	-65.39
All Mining	610.1	+1.2	Gold - spot/oz	US$289.10	+3.90
All Gold	676.8	-6.6	Silver - spot/oz	US$5.08	+0.03
Energy	1407.2	-31.1	Platinum - spot	US$563.00	-15.00
All Industrials	5463.3	+2.8	Bridge CRB Index	225.00	-0.35
FTSE 100	6546.80	+0.10	Crude Oil (NYMEX)	US$29.75	+0.05
Nikkei	17,170.08	-31.71	Copper (LME $US/tonne)	US$1742.0	-0.5
Hang Seng	15,861.68	closed	Lead (LME $US/tonne)	US$422.5	+1.0
A$ = US59.02c		+0.76	Zinc (LME $US/tonne)	US$1101.5	-1.0
A$ = 62.4yen		-0.03	Nickel (LME $US/tonne)	US$9,285.0	-130.00
A$ = 0.618Euro		+0.003	Aluminium (LME $US/t)	US$1444.0	+0.5
US 30-Year Bond	5.909%	+0.004	Tin (LME $US/tonne)	US$5380.0	+40.0
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

	Permit	Basin	Country	Kestrel's Interest
1.1	PPL 213	Papuan Fold Belt	Papua New Guinea	2.04%
1.2	PPL 202	Papuan Basin	Papua New Guinea	5.0%
1.3	EP 325	Carnarvon Basin	Western Australia	2.0%
1.4	EP 369	Carnarvon Basin	Western Australia	3.75%
1.5	WA-254-P	Carnarvon Basin	Western Australia	2.5%
1.6	WA-261-P	Carnarvon Basin	Western Australia	2.5%

Monday 5th June 2000 (Close of Business)
All Ords	3105.1	+8.9	Dow Jones	10,815.30	+20.54
ASX200	3148.8	+7.9	S&P 500	1467.63	-9.63
All Resources	1218.6	-5.7	Nasdaq	3821.76	+8.38
All Mining	608.9	+1.1	Gold - spot/oz	US$285.20	+4.00
All Gold	683.4	+18.1	Silver - spot/oz	US$5.05	+0.02
Energy	1438.4	+12.8	Platinum - spot	US$578.00	+6.00
All Industrials	5460.4	+22.3	Bridge CRB Index	225.35	-0.07
FTSE 100	6546.70	-79.70	Crude Oil (NYMEX)	US$29.70	-0.65
Nikkei	17,201.79	+401.73	Copper (LME $US/tonne)	US$1725.5	+7.5
Hang Seng	15861.68	+577.58	Lead (LME $US/tonne)	US$414.0	+4.0
A$ = US58.26c		+0.33	Zinc (LME $US/tonne)	US$1091.5	+1.5
A$ = 62.74yen		+0.02	Nickel (LME $US/tonne)	US$9,235.0	+50.00
A$ = 0.615Euro		+0.003	Aluminium (LME $US/t)	US$1432.5	+13.5
US 30-Year Bond	5.905%	-0.030	Tin (LME $US/tonne)	US$5350.0	+5.0
Live Quotes & Charts - Australia
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Friday 2nd June 2000 (Close of Business)
All Ords	3096.3	+48.4	Dow Jones	10,794.76	+142.56
ASX200	3140.9	+52.9	S&P 500	1477.26	+28.45
All Resources	1224.3	+1.8	Nasdaq	3813.38	+230.88
All Mining	607.8	-2.0	Gold - spot/oz	US$281.20	+9.20
All Gold	665.4	-0.3	Silver - spot/oz	US$5.03	+0.12
Energy	1425.5	+13.4	Platinum - spot	US$572.00	+12.00
All Industrials	5438.2	+97.7	Bridge CRB Index	225.42	+1.92
FTSE 100	6626.40	+155.90	Crude Oil (NYMEX)	US$30.35	+0.21
Nikkei	16,694.30	+105.76	Copper (LME $US/tonne)	US$1745.5	-4.5
Hang Seng	16,800.06	+342.91	Lead (LME $US/tonne)	US$417.5	-5.5
A$ = US57.93c		+0.73	Zinc (LME $US/tonne)	US$1110.0	unch
A$ = 62.72yen		+0.53	Nickel (LME $US/tonne)	US$9,585.0	+187.50
A$ = 0.612Euro		-0.002	Aluminium (LME $US/t)	US$1441.0	-4.5
US 30-Year Bond	5.935%	-0.014	Tin (LME $US/tonne)	US$5387.0	+22.0
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24 Hour Spot Gold Price

Thursday 1st June 2000 (Close of Business)
All Ords	3047.8	+7.2	Dow Jones	10,652.20	+129.87
ASX200	3088.0	+7.0	S&P 500	1448.810	+28.21
All Resources	1222.5	+6.4	Nasdaq	3582.50	+181.59
All Mining	609.8	-0.5	Gold - spot/oz	US$272.00	+0.70
All Gold	665.7	+0.7	Silver - spot/oz	US$4.91	no change
Energy	1412.1	+10.3	Platinum - spot	US$560.00	+1.00
All Industrials	5340.5	+10.1	Bridge CRB Index	223.1	-0.07
FTSE 100	6470.50	+111.20	Crude Oil (NYMEX)	US$30.14	+1.13
Nikkei	16,694.30	+361.85	Copper (LME $US/tonne)	US$1750.5	+15.0
Hang Seng	14,941.19	+227.33	Lead (LME $US/tonne)	US$415.0	+4.5
A$ = US57.2c		no change	Zinc (LME $US/tonne)	US$1110.0	-3.5
A$ = 62.19yen		+0.44	Nickel (LME $US/tonne)	US$9,397.5	+382.50
A$ = 0.614Euro		+0.003	Aluminium (LME $US/t)	US$1445.5	+2.5
US 30-Year Bond	5.949%	-0.068	Tin (LME $US/tonne)	US$5365.0	+15.0
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24 Hour Spot Gold Price

Wednesday 31st May 2000 (Close of Business)
All Ords	3040.6	+29.9	Dow Jones	10,522.33	-4.8
ASX200	3081.0	+30.4	S&P 500	1420.60	+1.85
All Resources	1216.0	+7.0	Nasdaq	3400.91	-58.57
All Mining	610.3	-1.9	Gold - spot/oz	US$271.30	-0.80
All Gold	665.0	+1.6	Silver - spot/oz	US$4.91	+0.02
Energy	1401.8	+29.4	Platinum - spot	US$559.00	-7.00
All Industrials	5330.4	+55.9	Bridge CRB Index	222.27	-1.13
FTSE 100	6359.30	-0.30	Crude Oil (NYMEX)	US$29.01	-1.34
Nikkei	16,332.45	+103.55	Copper (LME $US/tonne)	US$1738.5	+3.0
Hang Seng	14,713.86	+722.96	Lead (LME $US/tonne)	US$417.5	+1.0
A$ = US57.2c		+0.1	Zinc (LME $US/tonne)	US$1126.5	-3.0
A$ = 61.75yen		-0.23	Nickel (LME $US/tonne)	US$9,160.0	-70.0
A$ = 0.611Euro		-0.010	Aluminium (LME $US/t)	US$1446.5	+6.5
US 30-Year Bond	6.017%	-0.069	Tin (LME $US/tonne)	US$5372.5	-2.5
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Company News

ASHTON MINING LIMITED (15 June 2000)

AMX RESOURCES LIMITED (15 June 2000)

AUSTRALIAN KAOLIN LIMITED (15 June 2000)

AUSTRALASIAN GOLD MINES NL (15 June 2000)

BEACH PETROLEUM NL (15 June 2000)

CENTAUR MINING & EXPLORATION LIMITED (15 June 2000)

CONTACT ENERGY LIMITED (15 June 2000)

CONSOLIDATED MINERALS LIMITED (15 June 2000)

COPPER MINES AND METALS LIMITED (15 June 2000)

DELTA GOLD LIMITED (15 June 2000)

ENVIROSTAR ENERGY LIMITED (15 June 2000)

FEDERATION RESOURCES NL (15 June 2000)

FEDERATION RESOURCES NL (15 June 2000)

FLETCHER CHALLENGE LIMITED (15 June 2000)

FRONTIER PETROLEUM NL (15 June 2000)

HOMESTAKE MINING COMPANY (15 June 2000)

KANOWNA LIGHTS LIMITED (15 June 2000)

LAKES OIL NL (15 June 2000)