Australian Mining & Exploration Companies- 16-30 June 2000 News

Company News

16-30 June 2000

Thursday 29th June 2000 (Close of Business)

All Ords 3205.5 +39.9
Dow Jones 10,399.1 -128.69

ASX200 3254.5 +40.6 S&P 500 1442.39 -12.43

All Resources 1307.4 +3.1 Nasdaq 3877.23 -63.11

All Mining 656.6 +12.4 Gold - spot/oz US$288.7 -3.5

All Gold 695.6 +16.1 Silver - spot/oz US$4.98 +0.04

Energy 1447.2 +15.9 Platinum - spot US$572 +13.0

All Industrials 5601.7 +79.0 Bridge CRB Index 226.33 +1.37

FTSE 100 6239.0 -74.5 Crude Oil (NYMEX) US$32.72 +0.82

Nikkei 17,475.9 +105.73 Copper (spot $US/tonne) US$1762 +3.5

Hang Seng 16,286.8 +151.62 Lead (spot $US/tonne) US$419 -1.0

A$ = US60.21c -0.08 Zinc (spot $US/tonne) US$1142.5 +2.5

A$ = 63.28yen -0.32 Nickel (spot $US/tonne) US$8105 +35.0

A$ = 0.633Euro -0.006 Aluminium (spot $US/t) US$1558.5 +1.5

US 30-Year Bond 5.877% -0.086 Tin (spot $US/tonne) US$5480 -10.0

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

AMALG RESOURCES NL (30 June 2000)

Principal Mutual Holding Company decreased its relevant interest in Amalg Resources NL on 26/06/2000, from 9,832,455 ordinary shares (7.68%) to 7,579,339 ordinary shares (5.92%).

ANGLO AUSTRALIAN RESOURCES NL (30 June 2000)

Forsayth NL ceased to be a substantial shareholder in Anglo Australian Resources NL on 21/06/2000.

AQUARIUS PLATINUM LIMITED (30 June 2000)

The directors of Aquarius Platinum Limited advise of the issue and allotment of 42,000 ordinary fully paid shares in the company following the exercise of unlisted options listed below.

UNLISTED OPTIONS
42,000 exercisable at $0.75 per share.

The shares issued will rank equally with existing ordinary shares.

Following the issue of the above shares, the Company has 48,201,234 ordinary shares quoted on the Australian Stock Exchange.

ARC ENERGY NL (30 June 2000)

Tower Trust Limited increased its relevant interest in Arc Energy NL on 21/06/2000, from 4,842,221 ordinary shares (7.43%) to 7,523,416 ordinary shares(8.65%).

AUSTRALIAN GAS LIGHT COMPANY (30 June 2000)

AGL has announced new pricing for its 760,000 New South Wales residential and small business gas customers to take effect from 1 July. The new pricing reflects the introduction of the Goods and Services Tax (GST) and adjustments in line with the Consumer Price Index (CPI).

AUSTRALIAN GAS LIGHT COMPANY (30 June 2000)

The Government of SA recently notified AGL and ETSA Utilities of a number of amendments it wished to make, via the legislative process, to the Electricity Pricing Order (EPO), which applies in South Australia.

On the basis of discussions with Government representatives Thursday morning, it appears that the proposed amendments would have no financial effect on AGL, since the Company's modelling had been free of the errors made by the government and its advisers.

AUSTRALIAN GAS LIGHT COMPANY (30 June 2000)

AGL Managing Director, Mr Len Bleasel has announced the creation of a new infrastructure management and services company to be called Agility.

"This is the realisation of part of the strategy we announced in December last year," Mr Bleasel said.
The new business will employ over 1,100 people operating in six states and territories. Agility will offer a complete range of utility and infrastructure management and services. The people forming the new venture will be transferred from AGLs various infrastructure businesses, gas networks, electricity networks and gas transmission pipelines.

BALLARAT GOLDFIELDS NL (30 June 2000)

Ballarat Goldfields NL subsidiary, Oztrak Group Pty Ltd, has received recognition for its' innovative transport solutions from the Bus and Coach industry peak body's annual convention at Crown Towers. The award "Supply Innovation", recognises a significant innovation by a supplier to the Bus Industry.

For further information, click here

BEMAX RESOURCES NL (30 June 2000)

BeMaX Resources NL announce that it has entered into an agreement with Hudson Corporate Limited for the underwriting of the exercise of each of the 24,317,050 twenty cent options due to expire today.

BLACK RANGE MINERALS NL (30 June 2000)

HIGHLIGHTS

Successful completion of the Syerston Feasibility Study
A positive outcome demonstrating a low unit capital cost and low operating cost
Resulting in an after tax project internal rate of return ("IRR") of 30% and NPV A$522 million before tax
Black Range is considering both joint venture and metal offtake agreements for Syerston
Engineering incorporates full allowance for the lessons learnt from recent WA laterite projects.

Black Range has accepted the completed independent Syerston Feasibility Study. The Study defines the Syerston project as a major project development for Central NSW, with rated capacity at 20,000 tpa Nickel and 5,000 tpa Cobalt. This represents some 2% of the World Nickel market and approximately 12% of the World demand for Cobalt, making Syerston one of the largest individual sources of Cobalt metal in the World.

BLACK RANGE MINERALS NL (30 June 2000)

Paladin wishes to advise that subject to formal sale agreement it has acquired the 50% joint venture interest from Brightstar Power Corporation Pty Ltd, (a wholly owned subsidiary of Black Range Minerals NL), giving Paladin full ownership of the Paladin Brightstar Joint Venture.

ELECTROMETALS TECHNOLOGIES LIMITED (30 June 2000)

Technical Review from John Canterford, Director of Process Technologies Australia

"I am pleased to be able to forward the following comments relating to the EMEW cell technology developed by Electrometals Technologies Limited in support of their application to become a member of the Australian Technology Showcase. These comments as based on over 30 years experience in the field of hydrometallurgy, having spent nearly 20 years with CSIRO as Manager Metallic Minerals Section, 10 years as General Manager Minproc Technology Pty Ltd and Group Technology Consultant to the Minproc Group of Companies, and 3 years as an independent consultant as Principal of Process Technologies Australia Pty Ltd.

The concept of the EMEW cell is based on sound scientific principles and, through some very innovative developments, has now attained an economically and technologically viable status. All of the work carried out to date does nothing but enhance the capital and operating cost advantages over other potential technologies while reducing the technical risks associated with the introduction of a new technology. The EMEW technology allows the recovery of a range of valuable products without producing any deleterious by-products. The technology can be correctly described as environmentally benign. The technology is adequately protected by a number of patents/patent applications."

For further details, click here

ENVIROSTAR ENERGY LIMITED (30 June 2000)

EnviroStar Energy Limited announces that Ian Dennis was appointed to its Board of Directors as a Non-Executive Director on Wednesday, 28th June, 2000.

FLETCHER CHALLENGE LIMITED (30 June 2000)

Fletcher Challenge
Drilling & Production Testing Report
For the week ending 28/06/2000

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.
* Ran abandonment plugs.
* Rig Released: 26/06/2000.

Block Area: Baldwinton
Well Name : A1-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 17/06/2000.
* Cased for Sparky Oil.
* Rig Released: 20/06/2000.

Block Area: Baldwinton
Well Name : A7-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 20/06/2000.
* Cased for Sparky Oil.
* Rig Released: 23/06/2000.

Block Area: Baldwinton
Well Name : A4-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 20/06/2000.
* Cased for Sparky Oil.
* Rig Released: 24/06/2000.

Block Area: Baldwinton
Well Name : A3-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 24/06/2000.
* Cased for Sparky Oil.
* Rig Released: 26/06/2000

Block Area: Baldwinton
Well Name : A5-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 23/06/2000.
* Cased for Sparky Oil.
* Rig Released: 25/06/2000.

Block Area: Baldwinton
Well Name : A6-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 25/06/2000.
* Preparing to log.

Block Area: Baldwinton
Well Name : A11-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 27/06/2000.
* Drilling ahead.

Block Area: Baldwinton
Well Name : A12-10-44-23 W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 25/06/2000.
* Prepare to log.

Block Area: St Albert
Well Name : 10-35-53-26 W4M
Objective : A Development well testing Viking / Basal Belly River Gas
Current Status : * Spud: 23/06/2000.
* Drilling ahead.

GOLDEN CROSS RESOURCES LTD (30 June 2000)

NEW ISSUE ANNOUNCEMENT

APPLICATION FOR QUOTATION OF ADDITIONAL SECURITIES AND AGREEMENT

Class of securities issued or to be issued
29/06/2005 Employee Options exercisable at 10 cents.
Number of securities issued or to be issued (if known) or maximum number which may be issued
335,000 Employee Options, exercisable by 29/06/2005, issued under the Employee Option Scheme. Quotation of the Options will not be sought.
Principal terms of the securities (eg, if options, exercise price and expiry date; if partly paid securities, the amount outstanding and due dates for payment; if convertible securities, the conversion price and dates for conversion)
One option is convertible to one fully paid Ordinary Share on payment of the exercise price before 29/06/2005
Purpose of the issue (if issued as consideration for the acquisition of assets, clearly identify those assets)
The aim of the Employee Option Scheme is to motivate and retain GCR employees.

GOLDFIELDS KALGOORLIE LIMITED (30 June 2000)

Shareholders letter in relation to compulsory acquisition of outstanding shares in Gilt-Edged Mining NL.

Gilt-Edged has now received from Goldfields the consideration payable by Goldfields for the transfer of your Outstanding Shares to Goldfields pursuant to the compulsory acquisition procedure provided for in the Corporations Law. The consideration for each Outstanding Share will be the offer price as stated in the Offer, being $0.50 per share.

Gilt-Edged is required by law to hold this consideration received from Goldfields in trust for you pending instructions from you as to how your entitlement to the consideration for your Outstanding Shares is to be dealt with. If you have already provided Goldfields with instructions as to how you wish to be paid the consideration for your Outstanding Shares, you should shortly be receiving your consideration in the manner instructed. If you have not already provided Goldfields or Gilt-Edged with instructions as to how you wish to be paid the consideration for your Outstanding Shares, you should do so now by contacting Gilt-Edged, c/- Goldfields at Level 16, 1 Castlereagh Street, Sydney NSW 2000 (Attention: Ms Jenny Commins).

GOLDSTREAM MINING NL (30 June 2000)

The Directors advise they propose to issue 1,100,000 partly paid shares under the Goldstream Mining Employee Share Incentive Plan, at an issue price of one cent per share. The balance of thirty cents remains owing on the shares.

No director or associate of a director will participate in the issue.

The partly paid shares shall not be listed for official quotation on the Australian Stock Exchange Limited.

GOLDEN TRIANGLE RESOURCES NL (30 June 2000)

The Company advises that it has lodged a Research & Development Start Application with the Federal Government under the Industry and Science and Development programme.

The Application predominately covers research specifically related to developing the technology for processing magnesium out of serpentinite tailings from its deposit at Woodsreef in New South Wales. The research will add to Australia's international intellectual property.

GOLDEN VALLEY MINES NL (30 June 2000)

The Company advises of the appointment of Blair Sergeant as Company Secretary. Mr Sergeant replaces Craig Ferrier.

HOMESTAKE MINING COMPANY (30 June 2000)

HOMESTAKE INCREASES ITS OWNERSHIP OF THE ROUND MOUNTAIN MINE TO 50%

Homestake Mining Company and Case Pomeroy & Company Inc has announced that they have agreed to the purchase by Homestake of Case Pomeroy's 25% interest in the Round Mountain gold mine for $42.9 million, including working capital of $3.6 million. The acquisition will increase Homestake's ownership of the mine from 25% to 50%.

KANOWNA CONSOLIDATED GOLD MINES LIMITED (30 June 2000)

TRADING HALT

The securities of Kanowna Consolidated Gold Mines 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 Monday 3 July 2000 or when the announcement is released to the market.

The halt is requested pending the outcome of final negotiations in respect of a substantial international three year sales agreement for inclinometres produced and manufactured by the Company's wholly owned subsidiary Kanowna Technology Limited.

Security Codes: KCG
KCGO

LAFAYETTE MINING NL (30 June 2000)

Investa Asset Management Limited increased its relevant interest in Lafayette Mining NL in June 2000, from 25,467,918 ordinary shares to 33,700,000 ordinary shares (19.91%).

MICHELAGO LIMITED (30 June 2000)

Michelago's newly appointed Managing Director, Mr Brian Currie, is in the process of completing a review of the technology investments of Michelago Limited. The Directors believe it is appropriate to update shareholders regarding the status of this review, a month after the re-organisation of the Michelago Board and executive management which was announced on 26 May 2000.

INVENTORY MANAGEMENT SYSTEMS PTY LIMITED (IMS), MICHELAGO 100%

IMS has now relocated to premises in St Leonards to allow the full integration of operational staff with Michelago management. This is forecast to result in a significant reduction in group overheads.

E4FAX LIMITED (E4FAX), MICHELAGO 50%

The first beta test site of the E4fax unified messaging technology, hosted by a major Australian insurance group, has been completed successfully. The product is in the final stages of user acceptance testing and the beta site is expected to convert to the first sale of the product during July 2000. A review of the marketing plan is being undertaken with a view to broadening distribution channels for the product.

CASH POSITION

As at 30 June 2000, it is estimated that Michelago's cash position will be approximately $150,000.00, which includes approximately $60,000 held by 50% owned E4fax Limited. This excludes a sum of approximately $170,000 held as security against mining exploration tenements and other bonds.

MICHELAGO LIMITED (30 June 2000)

NOTICE OF GENERAL MEETING

Notice is hereby given that a general meeting of the members of Michelago Limited (the Company) will be held at The Presidents Room, Level 2, Norths Rugby Club, 80 Christie Street, St Leonards NSW on Monday, 31 July 2000 commencing at 4.00 pm.

NORTH LIMITED (30 June 2000)

North Limited has advised its intention to withdraw, with no equity, from the Gregory Joint Venture effective 30th June 2000.

Since entering the Joint Venture, North has expended $3,200,000 and has carried out an extensive regional exploration program which included airborne and ground geophysical surveys, stream and bedrock geochemical surveys, geological mapping and structural analysis. There has been limited reverse circulation and diamond drilling prospect evaluation.

The mineralisation at the "Grevillea" prospect, initially discovered by Coolgardie and grading 25 metres at 5.2% zinc, 1.1% lead and 29g/t silver, still remains open at depth.

There are also eight distinct Induced Polarisation and three Electromagnetic anomalies in the vicinity of Grevillea which have not been tested.

Copper mineralisation and an outcropping galena vein at the southern end of the Grevillea prospect also require evaluation by drilling.

Once all technical data is received from North Limited and is assimilated, Coolgardie will be re-offering the project for joint venture. The company will be seeking an aggressive explorer who is willing to recognise the untested potential of the project and thereby capitalise on this unique base metals exploration opportunity.

NORWEST ENERGY NL (30 June 2000)

West Oil has announced that Operator, Phillips Oil Company Australia, has issued a letter of intent to secure a rig slot for the drilling of Coleraine-1 in ZOCA 96-16 in the Timor Sea. Subject to finalisation of contracts the well is expected to spud between mid/late August and mid September 2000.

West Oil has a 10% interest in Coleraine-1 and is free carried through the drilling of the well and testing.

West Oil's Exploration Director Dr Bevan Warris said that the Coleraine Prospect has a similar structural style to the nearby Elang and Bayu-Undan fields. "Having access to the same hydrocarbon generation and migration pathways, this prospect has an excellent chance of success"; Dr Warris said potential recoverable reserves are 150 million barrels of oil if the structure is full to spill point".

Coleraine-1 will be drilled by the "Ocean General", the same rig that drilled the recent Puffin-5 discovery well. Puffin-5 encountered a 9.4 metre oil column and an appraisal well is planned to be drilled before the end of 2000 to confirm the extent of the field.

OIL COMPANY OF AUSTRALIA LIMITED (30 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 29/06/2000

SOUTH AUSTRALIA

WELL: Moomba 107
TYPE: Gas Development
LOCATION: PPL 7, Moomba Block, 1.95km W of Moomba 93, 2.1km SW of Moomba 58, and some 9km NW of the Moomba Gas Plant.
STATUS AT 29/06/2000 0600 HOURS: Moomba 107 has been cased and suspended as a future Permian Gas Producer. The well reached a total depth of 2643m with no progress for the week. The rig was released on 24/06/2000 and has moved to Moomba 116, a Permian Gas Development well.
PLANNED TOTAL DEPTH: 2635m

WELL: Moomba 116
TYPE: Gas Development
LOCATION: PPL 7, Moomba Block, 1.6km W of Moomba 91, 1.0km SW of Moomba 113, and some 9km NW of the Moomba Gas Plant.
STATUS AT 29/06/2000 0600 HOURS: Preparing to run surface casing. The current depth and progress for the week is 919m. The well spudded on 28/06/2000.
PLANNED TOTAL DEPTH: 2789m

WELL: Toolachee West 1
TYPE: Gas Exploration
LOCATION: PPL 14, Toolachee Block. 1.5km S of Toolachee 46, 2.0km W of Toolachee 14 and some 60km SE of the Moomba Gas Plant.
STATUS AT 29/06/2000 0600 HOURS: Toolachee West 1 has been cased and suspended as a Permian Gas Discovery. The well reached a total depth of 2305m with no progress for the week. The rig was released on 25/06/2000 and has moved to Stokes 7, a Permian Gas Development well in PL 84, Queensland.
PLANNED TOTAL DEPTH: 2292m

WELL: Pondrinie 17DW1
TYPE: Gas Development
LOCATION: PPL 90, Merrimelia - Innamincka Block, 1km WNW of Pondrinie 15DW, 1.8km WSW of Pondrinie 8 and 75km NE of the Moomba Gas Plant.
STATUS AT 29/06/2000 0600 HOURS: Preparing to run intermediate casing. The current depth is 2327m MD with 468m progress for the week. The well was directionally kicked off at 1777m. Pondrinie 17DW is a high angle gas development well designed to drain gas reserves in the Permian aged Toolachee and Tirrawarra/Merrimelia Formations.
PLANNED TOTAL DEPTH: 2820m

OIL COMPANY OF AUSTRALIA LIMITED (30 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 29/06/2000

OFFSHORE WESTERN AUSTRALIA

WELL: Bantha 1
TYPE: Oil Exploration Wildcat
LOCATION: TL 3, Offshore West Coast Barrow Island, WA
STATUS AT 29/06/2000 0600 HOURS: Bantha 1 has been plugged and abandoned. The well reached a total depth of 1472m with 1082m progress for the week. The rig was released on 26/06/2000 and has moved to Triller 1.
PLANNED TOTAL DEPTH: 1450m

WELL: Triller 1
TYPE: Oil Exploration Wildcat
LOCATION: TL 3, Offshore West Coast Barrow Island, WA
STATUS AT 29/06/2000 0600 HOURS: Cementing 508mm casing. Current depth and progress for the week is 102m. The well spudded on 28/06/2000.
PLANNED TOTAL DEPTH: 1552m

USA
WELL: Webb 1
TYPE: Gas Exploration
LOCATION: Suemaur Moore Prospect, San Patricio County, Texas
STATUS AT 28/06/2000 0600 HOURS: Pressure testing intermediate casing prior to drilling ahead. The current depth is 2882m with 130m progress for the week.
PLANNED TOTAL DEPTH: 4115m

WELL: State Tract 157#1
TYPE: Gas Exploration
LOCATION: South Long Reef Prospect, Aransas County, Texas
STATUS AT 28/06/2000 0600 HOURS: Drilling ahead. The current depth is 2816m with 210m progress for the week.
PLANNED TOTAL DEPTH: 3048m

WELL: Mew Estate 1
TYPE: Gas Exploration
LOCATION: Edge-Queen City 111 Prospect, Duvual County, Texas
STATUS AT 28/06/2000 0600 HOURS: Drilling ahead. The current depth is 1829m with 617m progress for the week.
PLANNED TOTAL DEPTH: 2743m

OIL COMPANY OF AUSTRALIA LIMITED (30 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 29/06/2000

QUEENSLAND

WELL: Stokes 7
TYPE: Gas Development
LOCATION: PL 84, former Total 66 Block, 1.3km E of Stokes 6, 2.0km NE of Stokes 2, and some 130km SW of the Ballera Gas Centre.
STATUS AT 29/06/2000 0600 HOURS: Preparing to spud well.
PLANNED TOTAL DEPTH: 2591m

WELL: Challum 18 DW1
TYPE: SWQ Unit Gas Development
LOCATION: PL 59, Aquitaine B Block, 1.25km NE Challum 1 and 20km W of the Ballera Gas Centre.
STATUS AT 29/06/2000 0600 HOURS: Attempting to free stuck drillstring. The main hole reached a depth of 2902m MD, with no progress for the week. The upper lateral has been abandoned due to mechanical difficulties. The drill string became stuck while attempting to drill ahead in the lower lateral. It is planned to recover the drill string prior to completing the well. 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.
PLANNED TOTAL DEPTH: DW1 3121m MD
DW2 3100m MD

WELL: Merrivale 9
TYPE: Gas Development
LOCATION: PL 44, Dennison Trough, 0.2km NNW of Merrivale 2, 0.5km N of Merrivale 8, and some 140km N of the township of Roma.
STATUS AT 29/06/2000 0600 HOURS: Running in hole with new bit to drill ahead. The current depth and progress for the week is 1116m. The well spudded on 24/06/2000.
PLANNED TOTAL DEPTH: 2107m

OIL COMPANY OF AUSTRALIA LIMITED (30 June 2000)

Oil Company of Australia Limited on behalf of the PL44 Joint Venture advises that:

Merivale No. 9 an oil appraisal well, situated approximately 220 metres north-north-west of Merivale No 2, latitude 25 deg 33 min 03.00 sec south, longitude 148 deg 20 min 00.04 sec east, was spudded at 19;00 hours on June 24, 2000. Surface casing was set at 205.8 metres RT at 06:00 hours today the well was running in hole with a new drilling bit. Progress for the week was 1116 metres.

The primary targets of the well are the Staircase Sandstone and the Reids Dome beds.

PACRIM ENERGY LIMITED (30 June 2000)

Directors of Pacrim Energy advise that, further to the approval of shareholders at the annual general meeting on 30th May 2000, the following shares have been allotted:

11,500,000 ordinary fully paid shares related to entering into the joint venture agreement with Currumbin Sand & Gravel Pty Ltd.

3,000,000 partly paid shares issued at 10.1 cents each, with 10 cents unpaid, comprising 1,000,000 shares to each of Ray Gannon, Richard Keevers and Christopher Adsett, related to entering into the joint venture agreement with Currumbin Sand & Gravel Pty Ltd.

7,000,000 partly paid shares issued at 10.1 cents each, with 10 cents unpaid, issued to directors, officers and employees.

2,752,368 ordinary fully paid shares issued to directors in lieu of director's fees and other amounts owing.

The partly paid shares will be unlisted.

PRECIOUS METALS AUSTRALIA LIMITED (30 June 2000)

The Directors announce that Tanami Gold NL has acquired Precious Metals Australia Limited's remaining equity (approximately 16%) in Exploration Licence 80/1512 for 150,000 fully paid ordinary Tanami Gold NL shares.

The tenement (E80/1512) is the subject of the Oasis Joint Venture and is located in the Western Australia sector of the Tanami-Arunta Province.

Following completion of the current exploration program on E80/1512 and the acquisition by Tanami Gold NL of PMA's interest, the equity interests in the Oasis Joint Venture tenement will be Tanami Gold NL 68.2% and Glengarry Resources NL 31.8%.

For details, click here

SIROCCO RESOURCES NL (30 June 2000)

The Directors of Sirocco Resources NL announce that Sirocco has obtained a priority allocation of shares for its security holders in the upcoming float of Arrow Energy NL.

Arrow Energy is a gas exploration company focussed on gas projects close to existing markets and infrastructure in Queensland. The development of this strategy coincides with the recent release of the Queensland Government's Energy Policy which targets the sourcing of 15% of Queensland's electricity generation from gas and renewable energy sources by 2005.

Arrow's project areas include the Clarence Moreton Basin near Brisbane and projects adjacent to Gladstone. Both South East Queensland and Gladstone are two of the fastest growing power consumption areas in the country. Arrow's projects encompass a range of conventional gas exploration targets and coal seam methane targets. The key project areas have yielded encouraging indications of gas during previous exploration programs.

SIROCCO RESOURCES NL (30 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Options to Purchase Ordinary Shares at 45 cents per share on or before 31 March 2002.
Number of securities to be issued
6,000,000
Issue price of the securities
Nil
Purpose of the issue
As approved by shareholders at a general meeting of the company.

SMC RESOURCES (30 June 2000)

The ExtraOrdinary General Meeting scheduled in early July 2000 has been postponed by approximately six weeks. When the date of the meeting has been confirmed, an information package will be compiled and promptly forwarded to all shareholders.

For company information, click here

STRIKER RESOURCES NL (30 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary Fully Paid Shares
Number of securities to be issued
30,000,000
Issue price of the securities
14 cents
Purpose of the issue
Funding for evaluation and exploration and development of the company's Beta Creek and Forrest River diamond projects and supplement working capital.

STRIKER RESOURCES NL (30 June 2000)

The company advises that the previously announced placement facility with Felgold International (Felgold) for the placement of 30 million shares and 10 million free attaching options at an issue price of 17 cents has been re-negotiated.

The re-negotiated placement is for 30 million fully paid ordinary shares at a price of 14 cents per share to raise $4.2 million. No options will be issued under the terms of the revised agreement. Shares will be allocated progressively as share subscription proceeds are received from Felgold or their nominees.

SUN RESOURCES NL (30 June 2000)

Further to our announcement made yesterday, the Company advises that the amount of options stated as being issued at 200,000 was incorrect, it should have in fact been 250,000 listed options exercisable at 25 cents on or before 30 June 2002.

TAP OIL NL (30 June 2000)

Tap advises that it has agreed (subject to normal environmental and regulatory approvals) to participate in the development of the Gipsy and North Gipsy Oil Fields discovered in February 1998 and October 1999 respectively.

Whilst this is a modest development, the economics are sound based on sub US$19.00 per barrel oil due to the proximity of the fields to the HJV production facilities and robust at current oil prices of more than US$30.00 per barrel oil.

The fields will be developed via subsea well heads wherein two deviated wells will be produced back to the main production platform (Harriet Alpha) and then on to Varanus Island.

A twin pipeline system will be used to facilitate the production of the oil reserves in the first instance and will be available for the likely subsequent development of the Rose and Lee condensate rich gas discoveries.

It is estimated that the development costs will be approximately A$40m with first oil planned for January 2001 an initial rate of around 10,000 to 15,000 barrels per day.

TAP COMMENT

This development will make material contribution to the Company's cash flows and earnings over the life of the Gipsy and North Gipsy oil fields which is estimated to be between 3 and 5 years. Moreover, it establishes infrastructure for the future development of the condensate rich gas discoveries at Rose, Lee, Josephine, Monty and Baker and any other discoveries made within the vicinity.

Tap is optimistic about discovering more oil in this area. If successful, the West Gipsy-1 well being planned for drilling in July 2000 would be an immediate add-on. Further, Tap is optimistic about securing additional gas sales and hence the future development of the Rose and Lee gas fields.

TIMOR SEA PETROLEUM NL (30 June 2000)

The Company advises that it has obtained a Supreme Court order authorising the calling of meetings for the purpose of effecting Schemes of Arrangement to reflect a demerger of Natural Gas Australia Ltd from the Company and to establish what is known as a Trustee Share Scheme.

The Explanatory Statement and Notices of Meetings to approve these two Schemes, the acquisition of e-Estate.net Pty Ltd and other matters associated with these items of business, is now in print and is expected to be mailed to shareholders within the next week.

UNION CAPITAL LIMITED (30 June 2000)

Union Capital Limited has entered into conditional agreements to acquire an effective 30% interest in the Offshore Banking Licence of the First International Bank (Maldives) Pvt Ltd.

UNITED ENERGY LIMITED (30 June 2000)

United Energy has announced that it has closed the transaction with Shell Australia, Woodside Energy and Ikon Energy to establish Pulse Energy - a joint energy marketing venture.

Pulse Energy will retail electricity and gas to more than 1.1 million electricity and gas customers in Victoria, with the potential to access a further 9 million energy customers in the eastern states and South Australia.

WELLS GOLD CORPORATION LIMITED (30 June 2000)

Wells Gold Corporation Ltd has resolved to issue 39,000,000 shares at 1 cent to raise $390,000. The placement is an excluded offer under the Corporations Law.

The purpose of the share issue is to raise additional working capital.

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary shares
Number of securities to be issued
39,000,000
Issue price of the securities
1 cent
Purpose of the issue
Share placement to raise additional working capital

WEST OIL NL (30 June 2000)

West Oil has announced that it will offer shareholders a one for five, pro-rata non-renounceable entitlements issue on the basis of one new share for every five shares held at the record date at an issue price of 17 cents per share to raise approximately $2.6 million before issue costs. For every share subscribed West Oil will grant for no additional consideration one option to acquire a share exercisable at 30 cents on or before 30 June 2001.

WEST OIL NL (30 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
a) Ordinary fully paid shares
b) 30 June 2001 30 cent options
Number of securities to be issued
a) 15,430,560
b) 15,430,560
Issue price of the securities
a) 17 cents per share
b) free
Purpose of the issue
To raise general working capital and to fund the likely drilling of an appraisal well on the Puffin Oilfield.

WMC LIMITED (30 June 2000)

NOTIFICATION OF SHARE CANCELLATION

DETAILS OF SHARES CANCELLED

Number of Shares: 17,073,461
Class of Shares: Ordinary
Consideration (Total): 120,864,397

Period of Cancellation from 30/05/2000 TO 27/06/2000

ZEOLITE AUSTRALIA LIMITED (30 June 2000)

The Board of Zeolite Australia Limited announces that Mr Mike Chester has joined the Company in the position of Corporate Affairs Manager. This role will entail the investor relations and corporate development functions in order to support the expansion strategies being developed by management. The escalation of Zeolite's activities and commercial success of its technology in the wastewater treatment industry have presented additional opportunities, necessitating the augmentation of the Company's management team.

Wednesday 28th June 2000 (Close of Business)

All Ords 3165.6 +22.4
Dow Jones 10,527.79 +23.33

ASX200 3213.9 +23.8 S&P 500 1454.82 +4.27

All Resources 1304.3 +9.1 Nasdaq 3940.34 +81.38

All Mining 644.1 +9.4 Gold - spot/oz US$292.2 +6.70

All Gold 679.4 -0.7 Silver - spot/oz US$4.94 +0.01

Energy 1431.3 +3.1 Platinum - spot US$559 -3.0

All Industrials 5522.6 +39.2 Bridge CRB Index 224.95 -1.07

FTSE 100 6313.5 -61.8 Crude Oil (NYMEX) US$31.9 -0.16

Nikkei 17,370.17 +91.11 Copper (spot $US/tonne) US$1781.5 +1.5

Hang Seng 16,438.42 +282.65 Lead (spot $US/tonne) US$420 +1.0

A$ = US60.29c +0.12 Zinc (spot $US/tonne) US$1147 no ch

A$ = 63.6yen +0.22 Nickel (spot $US/tonne) US$8015 +15.0

A$ = 0.639Euro +0.003 Aluminium (spot $US/t) US$1573 -2.0

US 30-Year Bond 5.963% +0.022 Tin (spot $US/tonne) US$5495 +5.0

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

AMALG RESOURCES NL (29 June 2000)

Sherrifmuir Holdings Pty Ltd increased its relevant interest in Amalg Resources NL on 26/06/2000, from 25,078,552 ordinary shares (19.58%) to 28,878,552 ordinary shares(22.54%).

ANACONDA NICKEL LIMITED (29 June 2000)

RESPONSE TO ASX QUERY

The Company is not aware of any information that has not been announced. It is noted that Anglo America plc and Glencore International AG have on June 27 and June 26 respectively released Change of Substantial Shareholder Notices in which both organizations announced increased shareholdings in the Company.

As the Company is in the ramp up phase of the Murrin Murrin Nickel Cobalt Project operating expenditure and revenue are capitalised, in accordance with Australian Accounting Standards and whilst profit/(loss) may vary it is attributable to corporate overheads.

There is no reason to think that the Company may record any material abnormal or extraordinary profits/losses for the financial year ended 30 June 2000.

There is no other explanation that the Company may have for the price change in the securities of the Company other the announcement of increased shareholdings by the two largest shareholders.

The Company will release its Quarterly Report for the June 30, 2000 quarter in July. The Quarterly Report will include details of production from the Murrin Murrin Nickel Cobalt Project and an update on the Company's three emerging nickel provinces, being Murrin Murrin, Mount Margaret and Kalgoorlie.

ANACONDA NICKEL LIMITED (29 June 2000)

Anglo American Investments (Australia) Limited increased its relevant interest in Anaconda Nickel Limited on 21/06/2000, from 84,023,516 ordinary shares (23.00%) to 88,260,969 ordinary shares(24.16%).

ASHTON MINING LIMITED (29 June 2000)

Ashton has acquired 7,810,857 shares on-market for the period 27 May 2000 to 23 June 2000 as part of the Company's buy-back.

The Company now has 322,379,910 shares on issue following cancellation of the buy-back shares.

BeMaX Resources (29 June 2000)

BeMaX Resources NL advises that it received notification from Mr William R Stubbs, Chairman of the Company, of his acquisition on 15 June 2000 of 300,000 twenty cent options expiring 30 June 2000.

For company information, click here

BRANDRILL LIMITED (29 June 2000)

Brandrill Limited confirms that two Brandrill employees and a sub-contractor's employee are unaccounted for following an accident at the Bronzewing Mining operations near Leinster in Western Australia.

The accident - in which mine fill has flowed into the decline - is currently the subject of an extensive mines rescue effort. However, Normandy Mining Limited (the owner of Bronzewing) has advised that there now appears little likelihood that there will be any survivors.

Our thoughts and sympathies are with the families, with whom we are in constant contact and providing counselling and support. Counselling professionals are also at Bronzewing to provide support for colleagues on site.

The cause of the accident has not yet been determined.

CAMBRIAN RESOURCES LIMITED (29 June 2000)

All three resolutions to be considered were passed at the general meeting of shareholders held Wednesday, 28th June.

COPPER MINES AND METALS LIMITED (29 June 2000)

Copper Mines and Metals Ltd advise that it has entered an option agreement with Plato Mining Pty Ltd to joint venture into a group of mineral exploration projects in Western Australia, which are prospective for gold, platinum group metals, nickel, vanadium, titanium and chromite. They are the Londonderry Nickel Sulphide Project, the Gindalbie Gold Nickel Project, the Unaly Vanadium Project and the Siberia Gold Project.

The agreement provides that a payment of $45,000 be made by way of reimbursement of previous exploration expenditure in relation to the tenements. The Company has the right to earn a 55% equity interest by spending $500,000 in exploration expenditure within 2 years and may earn up to 80% equity interest by spending $1m within 5 years.

The Londonderry Nickel Project (P15/4092-4095) covers a 2800 metre strike length of ultramafic host rocks with potential for nickel sulphide deposits and is previously unexplored for such targets.

DELTA GOLD LIMITED (29 June 2000)

The growth of Delta Gold has led to the separation of the roles of General Counsel and Company Secretary.

Mr Ian Daymond, General Counsel and Company Secretary of Delta Gold since 1989, will in future focus on the in-house legal role as General Counsel and has relinquished the role of Company Secretary.

Mr Daven Timms, Corporate Solicitor since April 1998, has been appointed Company Secretary. He has 12 years' experience as a solicitor and 10 years' experience as a company secretary.

GOLDFIELDS KALGOORLIE LIMITED (29 June 2000)

At an Extraordinary General Meeting held in Sydney today, minority GKL shareholders holding 12.3% of the company including the QBE Group (11.4%), approved a Selective Capital Reduction and accepted a cash payment of 55 cents per GKL share.

It is proposed that GKL shares will be suspended from the opening of trading on 29 June 2000. Once cash payments to individual shareholders are made and non-Goldfields shareholdings are cancelled, GLD will request that GKL be delisted.

GLD, which owns 87.7% of GKL, will benefit from this development by simplifying the corporate structure and eliminating cost duplication of maintaining two separately listed companies.

GOLDFIELDS LIMITED (29 June 2000)

Portfolio Partners Ltd ceased to be a substantial shareholder in Goldfields Limited. on 27/06/2000.

GREENSTONE RESOURCES NL (29 June 2000)

Pursuant to the announcement by Greenstone Resources NL to the ASX on
23 March 2000, it has completed the acquisition of the mineral tenement to enhance its Mt Korong project.

In consideration for the purchase of the mineral tenement, Greenstone has issued 1,000,000 ordinary fully paid shares and 1,000,000 options over ordinary fully paid shares, exercisable at 20 cents each on or before 30 June 2003.

HARDMAN RESOURCES NL (29 June 2000)

Following initial discussions with financial advisors in London, Hardman Resources N.L. proposes to list its wholly owned subsidiary Planet Oil International plc on the Alternative Investment Market of the London Stock Exchange during the next twelve month period.

LIHIR GOLD LIMITED (29 June 2000)

Increase in Reserve Position

Total Reserves increase by 2.2 million ounces (+20%) to 13.4 million ounces
Gold price assumption reduced from US$350/oz to US$325/oz

Lihir announces that it has completed a re-modelling of its ore reserves to take into account:

the improved geological understanding of the Minifie orebody
the results of the drilling programme in the Lienitz-Minifie Bridge, Borefields and South-East Minifie performed during 1999 and the first quarter of 2000
updated geotechnical data including the results of the Seawall investigation
and, importantly, the benefits of Lihir's cost reduction achievements and projections that have significantly increased the reserve tonnage and contained metal.

ORE RESERVES (1)

RESERVE
CATEGORY TONNES
(millions) AVERAGE
GRADE
(g Au/t) CONTAINED
OUNCES
(millions)

Reserves at end May 2000 Proved 23.2 3.82 2.8

Probable 82.7 3.52 9.4

Sub total
105.9 3.59 12.2

Stockpiled Ore(2) Proved 12.0 3.03 1.2

Total Reserves (3)
117.9 3.53 13.4

MACMIN NL (29 June 2000)

The Board of Directors of MACMIN N.L. advise that the company issued a total of 8,700,000 fully paid ordinary shares in the company.

For further information, click here

MACMIN NL (29 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordnary
Number of securities to be issued
7,500,000
Issue price of the securities
No cash - to extinguish debt at the rate of 7 cents per share
Purpose of the issue
To extinguish debt in respect of earthworks undertaken at the Company's Texas Silver Project

For further information, click here

MACMIN NL (29 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordnary
Number of securities to be issued
1,200,000
Issue price of the securities
No cash - extinguish debt at the rate of 6.4 cents per share
Purpose of the issue
To extinguish debt due to related parties in relation to deferred consultancy fees as authorised by General Meeting held 27 June 2000.

For further information, click here

MAJESTIC RESOURCES NL (29 June 2000)

Muffet Pty Ltd became a substantial shareholder in Majestic Resources NL on 21/06/2000 with a relevant interest in the issued share capital of 6,009,000 ordinary shares (5.21%).

MOUNT BURGESS GOLD MINING COMPANY NL (29 June 2000)

Daily Share Buy-Back Notice - continued; Maximum remaining number of shares to be bought back: 4,050,955.

For company information, click here

NORTH LIMITED (29 June 2000)

Rio Tinto Limited has announced that it had lodged its Bidder's Statement for North Limited with the Australian Securities and Investments Commission, and served copies of the Bidder's Statement on North and Australian Stock Exchange.

Rio Tinto is making a cash offer of A$3.80 per share for all the issued shares of North. The offer values North at A$2.80 billion compared with its value the day before the offer was announced of A$2.16 billion.

The offer represents a premium of approximately:

30% to North's closing price on the day before the offer was announced;
35% to the weighted average share price of North over the three months prior to the announcement of the offer.

Rio Tinto purchased a 14.5% holding in North from a range of institutions just prior to the announcement of the offer at A$3.80 per share. Rio Tinto is now the largest shareholder in North.

NORTH LIMITED (29 June 2000)

Maple-Brown Abbott Ltd decreased its relevant interest in North Limited on 23/06/2000, from 72,037,504 ordinary shares (9.61%) to 52,646,359 ordinary shares(7.14%).

NORTH LIMITED (29 June 2000)

North Limited Managing Director, Mr Malcolm Broomhead, has announced he would be heading the senior North management team being formed as a result of the proposed takeover bid by Rio Tinto.

The team will comprise of North Board members, North executives and specialist consultants who will concentrate on achieving the best results for the 68,000 shareholders in the major Australian resources company.

The other members of the North bid team include Finance Director, Mr Tim Knott and Executive General Manager, Development, Mr Shaun O'Sullivan.

NEWCREST MINING LIMITED (29 June 2000)

Mr Peter Smedley has submitted his resignation as Deputy Chairman and Non-Executive Director of Newcrest Mining Limited.

The Board has accepted Mr Smedley's resignation with regret and place on record its appreciation of the significant contribution he has made over the past two years.

A replacement for Mr Smedley is being sought.

NORMANDY MINING LIMITED (29 June 2000)

As the recovery operation at Normandy's Bronzewing mine moves forward, the Company's primary concern is to provide comfort and support to the families of the three men still unaccounted for, and we believe that there is little likelihood that the men have survived.

Company personnel are working closely with counsellors and the contractors involved, Brandrill Limited (the underground mining and development contractor) and Positron Pty Limited (electrical services), to address the families' needs. Out of respect for the wishes of the families and following consultation with the Western Australian Police, we will not be releasing the names of the missing men today.

SABRE RESOURCES LIMITED (29 June 2000)

The Company's Constitution makes provision for the Company to sell unmarketable parcels of shares.

The Company benefits from this because it is able to reduce its administrative costs and overheads and operate more efficiently.

A shareholder may benefit because unmarketable parcels are often difficult to sell without payment of high commission. In the case of the Company, an unmarketable parcel is a shareholding of less than 1900 shares.

NOTICE OF SALE

Shareholders are informed that the Company intends to sell the unmarketable parcel of shares being held.

If shareholders wish to retain shares, they must notify the Company in writing, before 11 August 2000.

TAIPAN RESOURCES NL (29 June 2000)

Taipan Resources NL has reviewed the call profile on the 189,387,174 partly paid shares which are currently paid to 1.5 cents with remaining calls due of:

0.5 cent per share on 30 June 2000; and
18.0 cents per share on 30 June 2001.

The Board has resolved to postpone both calls by 12 months such that:

the 0.5 cent per share payable on 30 June 2000 will be deferred to be payable on 30 June 2001; and
the 18.0 cents per shares payable on 30 June 2001 will be deferred to be payable on 30 June 2002.

TAP OIL NL (29 June 2000)

Tap Oil NL advises that it has entered into an agreement (as a participant in the Harriet Joint Venture) with Gas Corporation trading as Alinta Gas to vary an existing Heads of Agreement ("HOA") for the supply of gas to Alinta Gas.

TALON RESOURCES NL (29 June 2000)

The Prospectus, offering up to 15,791,123 fully paid ordinary shares at a price of 8.0 cents per share, to raise up to $1,263,290, is now available for purchase.

PURPOSE OF THE SHARE OFFER

The purpose of the Share Offer is to raise up to $1,263,290 (less the costs of the Share Offer).

Tuesday 28th June 2000 (Close of Business)

All Ords 3143.1 +14.2
Dow Jones 10,504.46 -38.53

ASX200 3190.1 +12.3 S&P 500 1450.55 -4.76

All Resources 1295.2 -2.7 Nasdaq 3858.96 -53.16

All Mining 634.7 +9.7 Gold - spot/oz US$285.50 +2.1

All Gold 680.2 +14.6 Silver - spot/oz US$4.93 -0.03

Energy 1428.2 -3.4 Platinum - spot US$562.00 -8.0

All Industrials 5483.4 +30.7 Bridge CRB Index 226.04 +1.01

FTSE 100 6375.3 -29.9 Crude Oil (NYMEX) US$32.06 +0.43

Nikkei 17,279.06 +353.66 Copper (spot $US/tonne) US$1290.5 -4.0

Hang Seng 16,155.77 +176.86 Lead (spot $US/tonne) US$420 +0.5

A$ = US60.17c +0.48 Zinc (spot $US/tonne) US$1147 +2.5

A$ = 63.38yen +0.29 Nickel (spot $US/tonne) US$8045.0 -45.0

A$ = 0.636Euro -0.001 Aluminium (spot $US/t) US$1575.0 -4.5

US 30-Year Bond 5.941% -0.042 Tin (spot $US/tonne) US$5497.5 -17.5

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

ANACONDA NICKEL LIMITED (28 June 2000)

Anglo American Investments (Australia) Ltd increased its relevant interest in Anaconda Nickel Limited on 21/06/2000, from 84,023,516 ordinary shares (23.00%) to 88,260,969 ordinary shares(24.16%).

ASHTON MINING (28 June 2000)

RESPONSE TO ASX QUERY

In response to an ASX price query, the Company is not aware of any information concerning it that has not been announced which could be an explanation for recent increases in the Ashton share price.

Other explanations for the recent price increases may be:

Increased takeover activity in the resources sector and in the past 24 hours particularly in the international diamond sector; and
Buoyancy in the diamond market evidenced by the recent release by the CSO of a 44% increase in diamond sales compared to the previous corresponding period.

AUSTRALIAN MINERAL PROCESSORS (28 June 2000)

Australian Mineral Processors Limited (AMI) intends to change its name to Maxe-Tec Australia Limited, reflecting its additional technology based businesses and the listing on the Frankfurt Stock Exchange.
The name change follows plans to spin-off AMI's gold processing assets into Goldex Resources NL.
As the ASX is aware, the company recently raised approx. $3million with $1.44 million being raised by placing AMI shares with European investors to provide funds for the toll-out of "things to do" in Australia.

CAPRAL ALUMINIUM LIMITED (28 June 2000)

Commonwealth Bank of Australia, Colonial Limited became substantial shareholders in Capral Aluminium Limited on 21/06/2000 with a relevant interest in the issued share capital of 10,336,516 ordinary shares (5.02%).

COBRA RESOURCES LIMITED (28 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary fully paid shares
Number of securities to be issued
500,000
Issue price of the securities
Nil
Purpose of the issue
To satisfy part purchase price on the acquisition of tenements E69/1069 and E69/1070

DALRYMPLE RESOURCES (28 June 2000)

-- THUNDERBOX GOLD DEPOSIT --

DRILLING OUTLINES AN INITIAL RESOURCE IN EXCESS OF
2 MILLION OUNCES ----- PRE-FEASIBILITY STUDY COMMENCES

The Wildara gold/nickel Joint Venture in which Dalrymple owns 40% and the Canadian listed Lionore Mining International Limited owns 60%, announces the calculation of an initial resource in excess of 2 million ounces of gold and the commencement of a pre-feasibility study at the Thunderbox gold deposit which is located in the Northeastern Goldfields of Western Australia.
The resource outlined to date totals 30 million tonnes at a grade of 2.2 g/t gold for a total of 2.1 million ounces.

The pre-feasibility study is expected to be concluded in August. As part of this study, the resource calculation will be updated and will include in excess of 50 additional holes. It is planned that the current phase of infill drilling for the pre-feasibility study will be completed in mid-July. However drilling will continue, to further evaluate and extend the resource.

DUKETON GOLDFIELDS LIMITED (28 June 2000)

The securities of Duketon Goldfields Limited will be suspended from quotation immediately, pursuant to the application of listing rule 11.1 to the potential acquisition by the Company of Gene Type.

Security Code: DGN

ENERGY RESOURCES OF AUSTRALIA LIMITED (28 June 2000)

Energy Resources of Australia Ltd has announced that it would be working with all stakeholders in responding to the findings of an investigation into the company's inadequate reporting of a leak at Ranger to the local Aboriginal people and the mine's independent regulators in April.

FLETCHER CHALLENGE (28 June 2000)

Fletcher Challenge Energy has completed its preliminary assessment of the results of the successful Pohokura-2 appraisal well.

"We have completed our initial reserves estimation and are very pleased to announce that our current mean estimate of the recoverable reserves in the field is 750 billion cubic feet (bcf) plus 40 million barrels of condensate. Combined these add to 165 million barrels of oil equivalent (mmboe)(1). This is more than double our pre-drill estimates." said Mr Greig Gailey, Chief Executive Officer, Fletcher Challenge Energy.

In drilling the discovery and subsequent appraisal well the Joint Venture has spent approximately $42 million. A further $35 million may be spent in further appraisal and development studies in advance of development sanction. The latter is targeted within two years. Development expenditure could range from $350 million in the Mean case to more than $500 million in the upside (P10) reserves case. First gas deliveries are targeted for as early as 2004.

GINDALBIE GOLD (28 June 2000)

Gindalbie is presently conducting a pre-feasibility study on its wholly owned Minjar Gold Project in the South Murchison region of Western Australian with a view to developing a stand alone gold mining operation.
The Company previously announced in its March Quarterly report the results of infill and deeper drilling on four key potentially open pittable gold deposits within the Minjar Project. The Ml, Silverstone, Winddine Well and Bugeye deposits comprise the presently known resources within the Project Area.
Best results from GBG drilling were 27m @ 3.63 g/t gold downhole from surface at Ml and l8m @ 7.26 g/t gold downhole from 86m at Winddine Well.

Economic studies and preliminary engineering planning for a stand alone gold treatment plant on site at Minjar are well advanced. It is anticipated that the pre-feasibility study will be completed in the next two weeks and that a more detailed announcement of the Company's proposed development plans will be made in the June Quarterly Report.

GOLDFIELDS LIMITED (28 June 2000)

Portfolio Partners Limited decreased its relevant interest in Goldfields Limited on 23/06/2000, from 14,728,871 ordinary shares (8.97%) to 11,528,404 ordinary shares(7.02%).

GREAT CENTRAL MINES LIMITED (28 June 2000)

The following resolutions were passed at a meeting of members held today, Tuesday 27 June 2000:

1) That the name of the company be changed to Normandy Yandal Operations Limited.
2) That the existing Constitution be repealed and replaced with the constitution submitted to the meeting.

GREATER PACIFIC GOLD LIMITED (28 June 2000)

Greater Pacific Gold Limited advises that Mr Anthony Schildkraut has resigned as Chairman and Director of the Company. The Board is holding discussions with a number of potential candidates, and anticipates announcing the appointment of a new Chairman in the near future.

HORIZON MINING NL (28 June 2000)

Apakian Pty Limited became a substantial shareholder in Horizon Mining NL on 26/06/2000 with a relevant interest in the issued share capital of 4,800,000 ordinary shares (12.16%).

IVANHOE MINES (28 June 2000)

Agreement to Merge with ABM Mining Limited

Daniel Kunz, Chief Operating Officer of Ivanhoe Mines Limited, announced that Ivanhoe Mines and ABM Mining Limited have signed an agreement in principle to merge, forming an international mining company with rapidly expanding production of very low-cost copper and iron ore products.
Ivanhoe Mines and ABM had combined revenues of approximately US$77.2 million (Cdn$114.8 million) in 1999 on net sales of approximately 13,350 tonnes of copper, two million tonnes of iron ore pellets and 48,000 tonnes of iron ore concentrate.
ABM is a private Canadian company that has been producing iron ore pellets and concentrate at its integrated facilities at Savage River and Port Latta in Tasmania, Australia, since 1997.

KIDSTON GOLD MINES LIMITED (28 June 2000)

Kidston Gold Mines Limited advise that its Chairman and Managing Director, Mr Dignus (Dick) Willem Zandee will retire effective Friday 30 June 2000.

Mr Peter William Tomsett, who was today elected a Director of Kidston Gold Mines Limited, will assume the joint role of Chairman and Managing Director effective 1 July 2000.

MACMIN (28 June 2000)

OUTCOME OF GENERAL MEETING

The Company advises that all motions as per the Notice of Meeting were carried without amendments.

The table below lists the proxies received in respect of each motion. All resolutions were decided by a show of hands.

Motion
Resolved
Proxy Details

For
Against
Abstain
Total

1. Approval of change of Company Type and Name
For
27,941,933
84,000
-
28,025,933

2. Adoption of amendments to the Constitution
For
27,895,933
85,000
45,000
28,025,933

3. Approval of Issue of Shares to Related Parties
For
16,636,178
257,000
550,500
17,443,678

4. Approval of Issue of Options to Related Parties
For
16,497,450
395,728
550,500
17,443,678

5. Approval of Issue of Shares to Peakhill Pty Ltd
For
21,593,884
7,511,938
50,000
29,155,822

6. Ratification of Previous Issue of shares
For
21,987,884
189,000
40,000
22,216,884

7. Ratification of Previous Issue of Shares
For
21,987,884
189,000
40,000
22,216,884

8. Ratification of Previous Issue of Shares
For
21,987,884
189,000
40,000
22,216,884

For more information, click here.

MACMIN (28 June 2000)

TEXAS SILVER PROJECT OVERVIEW

The Texas Silver Project (Twin Hills Silver Mine Development) is a proposed heap leach silver mine that is expected to generate a substantial net cash flow to MACMIN within 9 months.

The Project is 7 kms east of the town of Texas in Queensland, about 220 km W.S.W. of Brisbane. The location is excellent, adjacent to a sealed road and most infrastructure is in place at the town of Texas.

The Project will be a significant economic boost to the Texas district and will employ between 35 and 50 persons on a long term basis. Between 20 and 30 of these employees would be sourced locally and the remainder would require town services such as board and lodging/housing etc.

The Project will commence on a relatively small Ore Reserve, which in a pre-feasibility study completed in 1999 was calculated at 8.6M ozs of silver. Further exploration and feasibility drilling over the past six months may have substantially increased that figure. However, the actual figure will not be known until late July when Brisbane based consultants Tennant Isokangas Pty Ltd will complete a mine plan and sign off on new ore reserves. The Inferred Resource for the Texas District is 35M ozs of silver, substantially greater than the Reserve. There is also excellent potential in the Texas District to increase the total resource to perhaps 50-100M ozs of silver.

At this point in time it is expected the project will extend over at least 5 years but it is also likely that continued exploration could result in the mine life being extended to 10-20 years or more.

Thus the Project could easily develop into a major operation with resources several times greater than 35 million ozs silver. Geochemical surveys and a potassium radiometric survey (locates altered zones around silver mineralisation) of the entire Texas district show that the Twin Hills system is likely to be replicated or repeated within a 5km radius of Twin Hills.

The prefeasibility study showed the economics of the Project to be both attractive and robust. This heap and dump leach project has an estimated capital cost of $5.0 million, and a projected average operating cost over the initial three years of $15/tonne of ore. The net cash flow to MACMIN during this three year period will be will be approximately $14 million. The internal rate of return over the initial three years is 140% and the NPV, at 12% discount rate, is $9.5 million. The key to the attractive economics, including rapid pay back of capital, is a near surface high grade zone of 360,000 (now increased but actual figure not yet calculated) tonnes at 240g/t Ag and 0.37g/t Au (equivalent to a gold grade of 4.8g/t Au). This zone reported drill intersections such as 10m at 1,158g/t Ag from 10m depth, 14m at 358g/t Ag from 28m depth, and 28m at 436g/t Ag from surface. For more information, click here.

MAJESTIC RESOURCES NL (28 June 2000)

Majestic Resources NL is aware of misleading information being circulated in respect to the Company's Placement Issue and Entitlement Issue which were recently completed in April 2000.

The Company wishes to clarify the following points.

1. The Company is still expecting a positive outcome from the negotiations with Klipdam Diamond Mining Company Limited ("KDMC") in respect to the acquisition of the Klipdam 157 property. As at Friday, 23 June 2000, KDMC had not received their geological report in respect to the drilling programme that was completed in the New Discovery Channel, which is required to determine the final price of the acquisition. KDMC is unable to place a date on the release of their report to Majestic. There are no other commercial matters between the parties that would impede settlement once the final price is agreed upon.

2. The unfounded rumour that Majestic is about to return the funds raised from the Placement Issue and Entitlement Issue is incorrect. The Prospectus dated 29 February 2000 prepared for the Placement Issue clearly states that "If the Directors of Majestic are unable to complete the acquisition of the Klipdam 157 Project, it is the current intention of the Directors to use the funds to finance the acquisition of another diamond project at a similar stage of advancement as the Klipdam 157 project". The Prospectus dated 22 February 2000 prepared for the Entitlement Issue states that "If the Directors of Majestic are unable to complete the acquisition of the Klipdam 157 Project, the funds Will be utilised to meet the business objectives of the Company and for working capital purposes".

MOLOPO AUSTRALIA NL (28 June 2000)

Molopo Australia NL wish to announce that after the successful drilling of the HW-L1 well, the Company has spudded the HW-L2 well at its Liulin project in China.

The HW-L2 well is the second of a 4 well pilot program.

MOUNT BURGESS GOLD MINING COMPANY (28 June 2000)

Daily Share Buy-Back Notice - continued; Maximum remaining number of shares to be bought back: 4,182,985.

For company information, click here

NORMANDY MINING LIMITED (28 June 2000)

Yandal's Bronzewing mining operations, located approximately 68km from Leinster in Western Australia have been suspended following an incident at the Central underground orebody.

The incident - in which mine fill has flowed into the decline - has left three persons, employed by contractors, unaccounted for at or below Level 12, four hundred and sixty metres below the surface. Support services have been made available to family members.

All other underground employees have been accounted for and remain at surface whilst safety teams assess the situation. Mines department and police emergency were advised. The Normandy Rapid Response team was immediately activated and has worked diligently through the night.

NORTH LTD (28 June 2000)

IMPORTANT INFORMATION FOR ALL NORTH LIMITED SHAREHOLDERS

Rio Tinto Limited has announced its intention to make a conditional offer for all Shares in North Limited at a price of $3.80 per share.

The view of your Board of Directors is that the consideration of $3.80 per share is inadequate. The offer is unsolicited and opportunistic and does not recognise the true value of the asset portfolio of the Company.

At the time of writing, North Limited has not received the formal offer document from Rio Tinto.

North advises to take no action in relation to the proposed offer at this time. There will be plenty of time to consider a response with a formal advice and Directors' recommendations to be sent as soon as practicable after receipt of the formal offer documents.

For the benefit of shareholders, an information hotline,1800 035 549, has been established and the company will be pleased to address any specific concerns or issues.

NORTH LTD/RIO (28 June 2000)

Rio Tinto Investments Two Pty Ltd became a substantial shareholder in North Limited on 23/05/2000 with a relevant interest in the issued share capital of 106,894,910 ordinary shares (14.5%).

NUGOLD HILL MINES (28 June 2000)

Nugold's telco subsidiary, the Hong Kong-based wholesale carrier Advantage Telecommunications Limited (AdvanTel), has announced today (Tuesday) it has finalised a telecommunications agreement with Telecom New Zealand International (TNZI), a division of Telecom New Zealand.
The agreement formalises a relationship between the two carriers at both operational and strategic levels.
Under the agreement, AdvanTel will connect its network - comprising a Hong Kong-based Nortel switch with Pan-Asian capability - to that of TNZL initially in Los Angeles. The carriers will provide wholesale distribution services to each other, both in Asia, and to the rest of the world. They also aim to develop joint opportunities in the Asian region including IP services and other value added telephony and data products.

PERSEVERANCE CORP (28 June 2000)

Perseverance announced a non-renounceable options issue on the basis of 1 option for every 1 share held in the company at an issue price of 2(1/2) cents per option. This issue will see the issue of 54,706,526 options. The options can be exercised to take up ordinary shares in the Company at 20 cents per share at any time on or before 31 July 2002. The issue of the options will raise up to A$1.37M before expenses. Any shortfall would be able to be placed at the discretion of the directors.
The funds raised from this issue will enable the Company to further develop the Fosterville Sulphides Project, will assist the Company in carrying out due diligence on the Timbarra Gold Project, fund exploration, and provide working capital.

PRIMA RESOURCES (28 June 2000)

Craigton Pty Ltd became a substantial shareholder in Prima Resources Limited on 27/06/2000 with a relevant interest in the issued share capital of 2,267,008 ordinary shares (5.3%).

PRIMA RESOURCES (28 June 2000)

Supreme Court Action - His Honor Owen J. ruled in the Supreme Court of Western Australia on Friday 23 June to grant an injunction restraining the Company from proceeding with the proposed placement as announced to the market on 12 June 2000.

RANGER MINERALS LIMITED (28 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 1,149,906.

RESOURCE EXPLORATION LIMITED (28 June 2000)

The company advises that all the resolutions put to the shareholders of the company at the General Meeting held on 27 June 2000 were passed unanimously without amendment.

SIPA RESOURCES INTERNATIONAL NL (28 June 2000)

Sipa announces that the $9.5 million loan provided by BankWest for 65% share of the development of the Mount Olympus Goldmine near Paraburdoo has now been paid off in full, twelve months ahead of the Original Final Repayment Date.

TALON RESOURCES (28 June 2000)

Due to the Company's continuing growth strategies, which have seen Talon Resources NL (Talon) emerge as Australia's largest miner and processor of absorbent minerals, the Directors are finalising the documents necessary to carry out a capital raising.
The Directors intend to issue up to 15% of the present issued capital or 15,791,123 fully paid ordinary shares. The issue price will be 8 cents per share to raise a maximum of $1,263,290 before issue costs.
Capital raised will be used to supplement the Company's working capital and assist in the continuing development of new markets, in particular in the areas of Environmental Rehabilitation and Horticulture. The Company has recently announced a number of initiatives in relation to the proposed development of new environmental/horticulture products based on natural zeolite, with the zeolite production plant recently commissioned, consulting and technology agreements in place and the commencement of minesite rehabilitation trials.
In summary, the proceeds will be used in three areas:

The enhancement of ongoing product development and research particularly in relation to the use of zeolite in existing and new product lines and markets;
The finalisation of capital works programs at our three mine facilities (Mt Barker WA, Duaringa Qld, and Barraba NSW);
General working capital requirements of the company.

TAP OIL NL (28 June 2000)

Tap Oil NL provides the following update on the Corkybark-1 appraisal well which spudded on 10 June 2000.

LOCATION
The well is located in the offshore permit WA-234-P at latitude 20 deg 53' 38.80" S and longitude 114 deg 58' 20.33" E.

PROGRESS
As at 6.00am today, the well has drilled ahead to 1,624 metres measured depth and will continue to drill to the programmed total depth of 2,800 metres measured depth.

TAP COMMENT
The well has experienced some technical difficulties which have now been overcome. It is now expected to take a further 7 days to reach its projected total depth of 2,800 metres measured depth.

WESTERN METALS LIMITED (28 June 2000)

Western Metals Limited has sold its 13% shareholding (19.1 millions shares) in Thai zinc smelting company, Padaeng Industry plc (PDI) to Union Miniere of Belgium.

Western Metals acquired its holding in PDI in 1998 for $10.5 million, and realised a small profit on sale.

The deal was rescinded in February 1999 when PDI was unable to secure environmental clearances to mining leases central to the deal.

Western Metals Managing Director Rod Webster resigned from the PDI Board of Directors on 19th June 2000.

Monday 27th June 2000 (Close of Business)

All Ords 3129.0 +1.7
Dow Jones 10,542.99 +138.24

ASX200 3177.8 +0.7 S&P 500 1455.31 +13.83

All Resources 1297.9 +18.5 Nasdaq 3912.12 +66.78

All Mining 625.0 +2.6 Gold - spot/oz US$283.40 +0.60

All Gold 665.5 -1.3 Silver - spot/oz US$4.96 +0.03

Energy 1431.7 -5.9 Platinum - spot US$570.00 +13.00

All Industrials 5452.7 -9.6 Bridge CRB Index 227.08 +2.03

FTSE 100 6405.20 +13.70 Crude Oil (NYMEX) US$31.63 -0.62

Nikkei 16,925.40 -37.81 Copper (spot $US/tonne) US$1770 +5

Hang Seng 15,978.91 +240.83 Lead (spot $US/tonne) US$419 +4

A$ = US59.69c +0.22 Zinc (spot $US/tonne) US$1138 +13

A$ = 63.09yen +0.79 Nickel (spot $US/tonne) US$7915 +40

A$ = 0.637Euro +0.002 Aluminium (spot $US/t) US$1566 +11

US 30-Year Bond 5.983% -0.049 Tin (spot $US/tonne) US$5507 +2

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

Anaconda Nickel (27 June 2000)

Glencore International AG increased its relevant interest in Anaconda Nickel Limited on 22/06/2000, from 70,694,002 ordinary shares (19.35%) to 76,419,002 ordinary shares(20.92%).

Anglogold / Ashanti (27 June 2000)

AGREEMENT SIGNED IN RESPECT OF ASHANTI'S SALE TO ANGLOGOLD OF A 50% INTEREST IN GEITA

Further to their joint announcement on 5 April 2000, Ashanti Goldfields Company Limited (Ashanti) and AngloGold Limited (AngloGold) are pleased to announce that they have signed the Agreement in respect of the acquisition by AngloGold of a 50% interest in Ashanti's Geita gold project in Tanzania.
The two companies have also agreed the terms of a Joint Venture Agreement which will govern how the two partners will jointly operate the Geita project.
As previously announced, AngloGold will pay Ashanti US$205 million in cash for a 50% share of the project and will procure or provide project financing to the Geita project totalling US$130 million. Ashanti and AngloGold will each be responsible for repayment of 50% of this project financing from their respective shares of project cashflow.
The transaction, which is subject to regulatory and governmental approvals and Ashanti shareholder and bank creditor approvals, is expected to be completed by the end of September.
Geita is currently being commissioned and achieved its first gold pour earlier this month, three months ahead of schedule. Under the current mine plan, annual production is estimated at 500,000 ounces at an operating cash cost of under US$180 par ounce. The official opening of the mine is scheduled for 3 August.

Ashton Mining (27 June 2000)

Mr Bill Bennett has resigned as a Director of the Company.

Astro Mining / Conquest Mining (27 June 2000)

Astro announced that it has completed the due diligence process and a formal agreement has been signed with Conquest Mining NL ("Conquest") relating to a farmin and joint venture arrangement covering tenements owned by Conquest within a 250 kilometre radius of Astro's Bow River Diamond Mine in the East Kimberley Area of Western Australia.
The tenements covered under this agreement are situated to the southwest of the Argyle Diamond Mine and abut Astro's Bow River tenements. They cover the current drainage and adjacent gravel terraces of the Bow River.

A preliminary assessment indicates considerable exploration potential of the tenements to contain economic diamond concentrates. Of particular interest are the oldest, elevated gravel terraces, which are of similar age to the productive gravels at the Bow River Diamond Mine and in the Argyle Diamond Mine's alluvial operations at Smoke Creek. Erosion of the Argyle pipe has released large quantities of diamonds, some of which are likely to have shed into the Bow River drainage system. Reconnaissance-type sampling in the past recovered diamonds in the Bow River gravels but the area remains largely untested. A systematic sampling program, which includes bulk sampling, is required to assess the magnitude of the diamond grade of the Bow River gravels and therefore its economic potential.
The tenements encompassed in the agreement offer considerable synergy with Astro's existing tenement holdings in the Bow River area and strengthen Astro's land position in the area.

The agreement provides for Astro to be the Managers of the Joint Venture with a Joint Venture Management Committee to be established between the two companies.

Key details of the agreement are as follows :

The agreement allows for Astro to earn a 51% interest by spending $600,000 on exploration on the tenements covered by the agreement within 2 years and funding exploration of at least $5,000,000 or completing or funding a bankable feasibility study within a further 3 year period.
If a decision to mine is made, Astro can acquire a further 9% interest (bringing its interest to 60%) by either paying Conquest $2,000,000 or issuing fully paid ordinary shares to Conquest to the value of $2,000,000.
Astro will also issue 4 million ordinary shares to Conquest, and these shares will be restricted securities as defined under Australian Stock Exchange Listing Rules.
Astro believes that this new venture strengthens its position in a key diamondiferous region of Western Australia.

Australian Gold Resources (27 June 2000)

AGR will be removed from the official list of Australian Stock Exchange Limited at the close of trading on Monday 26 June 2000 pursuant to listing rule 17.14 following compulsory acquisition by Centaur Mining & Exploration Limited.

Black Range Minerals (27 June 2000)

The outcome of each resolution put before a General Meeting of Shareholders held in Sydney today is noted below:-
Resolution 1 Election of Mr Jeremy Ellis - passed
Resolution 2 Change of Company Type and Name - passed
Resolution 3 Adoption of New Constitution - passed
Resolution 4 Issue of Options to Mr James Askew - passed
Resolution 5 Issue of Options to Mr Jeremy Ellis - passed
Resolution 6 Ratification of Issue of shares to Exchange Nominee Pty Limited - passed
Resolution 7 Ratification of Issue of Shares to Helix Resources NL - removed from consideration.

The Directors of the Company advised of a Call on Partly Paid Shares as follows: -
First and final call of 13.4 cents per share on 2,000,000 Shares, issued at 13.5 cents per share partly paid to 0.1 cent, payable by 11 July 2000.

Conquest Mining (27 June 2000)

The Company advised that it will issue 9,000,000 options to the Directors of the Company.
The options will not be listed for quotation on the Australian Stock Exchange.

Consolidated Rutile (27 June 2000)

Perpetual Trustees Australia Ltd increased its relevant interest in Consolidated Rutile Limited on 18/05/2000, from 20,335,978 ordinary shares (11.75%) to 22,755,199 ordinary shares(13.14%).

Contact Energy Ltd (27 June 2000)

Daily Share Buy-Back Notice - continued; Maximum remaining number of Contact Energy Limited
shares to be bought back: 20,291,879

Dome Resources / DRD (27 June 2000)

DRD has given the required notice under subsections 703(1) and (2) of the Corporations Law to the remaining shareholders in Dome.
In terms of the notice, the remaining Dome shareholders are entitled to sell their shares to DRD within the next three months for the same consideration as that which applied to the DRD takeover offer for Dome.
DRD has not yet finally decided whether or not to proceed with compulsory acquisition at this stage and may seek to recapitalise Dome and retain its listing on the ASX. Subsequent to the expiry of the takeover offer on 26 May 2000, certain resource expansion opportunities have become available which could besuitable for a recapitalised Dome.
A final decision will be made on whether to proceed to compulsory acquisition within the time prescribed by the Corporations Law. Further notification will be provided at that time of DRD's intentions with respect to the future of Dome.

Equigold (27 June 2000)

Investors Trust & Custodial Services (Ireland) Limited became a substantial shareholder in Equigold NL on 01/06/2000 with a relevant interest in the issued share capital of 6,104,501 ordinary shares (5.01%).

Lafayette Mining / Lion Selection Group (27 June 2000)

Lion Selection Group Limited increased its relevant interest in Lafayette on 23/05/2000, from 11,200,000 ordinary shares (9.0%) to 39,100,000 ordinary shares(23.2%).

Metals Exploration / Harbour Capital (27 June 2000)

The Board of Harbour Capital Limited (formerly Metals Exploration Limited) announced the results of its recent rights issue.
A total of 2,106,920 shares were offered to shareholders at 60 cents and in the ratio of 1 new share for every 10 shares held. Valid applications in respect of 1,137,710 shares were received representing 54% of the issue.
The Company has advised Bell Securities Limited, Underwriter to the issue, of the shortfall.
Shares issued pursuant to the issue are eligible for the Company's forthcoming 1 for 10 bonus issue but are not eligible for any interim dividend in respect of the 6 months period to 30 June 2000.
The proposed placement, which was on a best endeavours basis, closed on Monday 19 June. Due to unfavourable market conditions, no shares were placed.

Minerals Corporation (27 June 2000)

PROSPECTUS
A bonus issue of one option for every four fully paid ordinary shares held as at 31 July 2000. Each option is to be issued for no consideration and is to be exercisable at 40 cents for one fully paid ordinary share at any time up to 5:00 pm EST on 31 January 2003. The issue is a non-renounceable pro-rata bonus issue.

Monto Minerals (27 June 2000)

Update on Goondicum Crater Ilmenite/Titano Magnetite Project :

RESOURCE ESTIMATES

* Area Drilled 8.6 sqkm

* Total Mineralisation 93 million tonnes

* Measured and Indicated Mineralisation 82 million tonnes

* Contained Ilmenite Grade 4.5%
For a total of 3.7 million tonnes

* Contained Titano-magnetite Grade 2.5%
For a total of 2.1 million tonnes

* Mineralised Area to be Drilled** 1.2 sqkm

* Mineralisation (undrilled) 11 million tonnes

* *grade to be defined by drilling

Monto and Multiplex Constructions (Qld) the Queensland branch of the Multiplex Group have signed a Heads of Agreement regarding the development of the Goondicum Crater and Titano-magnetite Project and the construction of a Synthetic Rutile Plant at Bundaberg in Central Queensland. Multiplex will take the lead, on a best endeavours basis, in organising funding for both projects.
These developments are part of a much larger one billion dollar project granted "significant project" status by the Queensland Department of State Development. This "significant project" incorporates an environmentally responsible bagasse pulp mill, a co-generation power plant and the Synthetic Rutile Plant for the Bundaberg region. These projects have also been welcomed by local authorities.

Mount Burgess Gold Mining Co (27 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 4,197,985.
For more information on Mount Burgess, click here.

New Holland Mining (27 June 2000)

Results of General Meeting - All the resolutions put to shareholders at the General Meeting held on 26 June were passed on a show of hands.

Pacmin Mining Corp (27 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 616,441.

Woodside Petroleum (27 June 2000)

Re - Shell Proposal

Woodside has received an unsolicited proposal from the Shell Group of Companies.
The proposal offers to sell Woodside a portfolio of Australian and New Zealand upstream oil and gas assets plus an interest in Shell projects in Iran, in exchange for the issue of 429 million new Woodside shares. The proposal, if accepted by the Woodside Board and shareholders, would take Shell's total shareholding in Woodside from 34.27% to 60%.
The proposal involves a confidentiality agreement.
Following discussions with Shell a further advice was provided to the Australian Stock Exchange on 16 June 2000 outlining the details of the major upstream oil and gas assets included in the Shell proposal.
These are as follows:

AUSTRALIA :

interests in the North West Shelf Venture ranging from 8.33% to16.67%;
22.46% interest in the Laminaria oil field;
25% of the Corallina oil field;
28.57% of the Gorgon gas resource;
12.5% of WA-267-P;
8.33% of the Scott Reef-Brecknock gas and condensate resource;
85% interest in the Evans Shoal gas resource; and
interests ranging from 25% to 33% in the Sunrise-Troubadour gas and condensate resource in the Northern Territory and Zone of Co-operation.

NEW ZEALAND :

18.75% in the Maui gas and condensate field;
50% in the Kapuni gas and condensate field;
49% in the Maari oil field development (scheduled to come on stream in 2003); and
18.33% in the Pohokura gas and condensate discovery.

IRAN :

Shell has a "buy-back" agreement with the National Iranian Oil Company to act as a contractor to develop two oil fields, Soroosh and Nowrooz. Under the proposal, Shell has offered Woodside a 20% interest in the redevelopment of these fields. Under the Iranian buy-back contracts, the contractor does not acquire any entitlement to reserves. Profit margins are capped under the terms of individual contracts. For Woodside, this equates in value to an interest of about 25% in Woodside's wholly owned Enfield oil development.

The Shell proposal is currently being evaluated by Woodside, supported by external advisers and consultants. They include Credit Suisse First Boston, Mallesons Stephen Jaques, Cambridge Energy Research Associates, Resource Investment Strategy Consultants, and DeGolyer and MacNaughton. The advisers and consultants are examining financial and legal issues, likely LNG demand and supply, particularly in Asia and estimated gas reserves, with the objective of assisting the Board to assess whether the proposal is in the best interests of Woodside shareholders.

The evaluation is nearing completion and recommendations for responding to Shell's proposal will be considered by the Woodside Board (excluding the Shell Directors) at a meeting to be held on 29/30 June 2000. In considering these recommendations, the Board will be concerned to ensure that any decisions resulting from Shell's proposal are in the best interests of Woodside shareholders. After the Board meeting on 29/30 June, discussions will be held at a senior level with Shell prior to making any public announcement.

Before deciding whether or not to recommend the proposal to shareholders, the Board is assessing all its aspects with the assistance of extensive external advice. If the Board recommends acceptance of the Shell proposal, an independent expert would be appointed to provide a formal report for shareholders. Any transaction would require the approval of shareholders, other than Shell, at a general meeting. If the Board decides that it is unable to recommend the proposal as being in the best interests of Woodside shareholders, the Company will make an announcement to that affect stating its reasons.

ADMIRALTY RESOURCES NL (27 June 2000)

Admiralty Resources NL announce that, due to other commitments, Mr Peter Charles Searson has resigned his position as a director of the company and its subsidiaries effective 23rd June 2000.

BEACONSFIELD GOLD NL (27 June 2000)

Beaconsfield Gold NL (BGNL) Group participants in the Beaconsfield Mine Joint Venture (BMJV) have entered into a Settlement Agreement with Allstate Group, ending their current litigation with the BMJV Manager. The Settlement Agreement confirms the right of Allstate (as Manager of the BMJV) to charge a 2% management fee and to recharge for certain personnel employed by it in its operation of the Beaconsfield Mine. BGNL also withdrew its cross-claim, which sought to recover the amounts paid by BGNL to Allstate in respect of those fees and services. Both Allstate and BGNL agreed to bear their own costs incurred in respect of the litigation.

For further information, click here

CAPRAL ALUMINIUM LIMITED (27 June 2000)

Notice is given that a General Meeting of Capral Aluminium Limited will be held at 2.30 pm on 26 July 2000 at the Regent Hotel, 199 George Street, Sydney NSW.

RESOLUTION - SALE OF KURRI KURRI SMELTER

To consider, and if thought fit, pass the following resolution as an ordinary resolution:

"THAT Capral is authorised to sell the Kurri Kurri Smelter substantially on the terms described in the Explanatory Memorandum accompanying the Notice of Capral's 26 July 2000 General Meeting.

CONSOLIDATED MINERALS LIMITED (27 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary fully paid shares
Number of securities to be issued
365,000 shares
Issue price of the securities
30 cents per share
Purpose of the issue
Exercise of options previously issued to the allottee

CREST MAGNESIUM NL (27 June 2000)

Tasmania's Deputy Premier, Paul Lennon has confirmed the Government's support of Crest's $835 million magnesium metal project by announcing the construction of a 50km rail line to the mine site.

As well as providing transport for the distribution of logs out of the region, the public support will assist Crest in securing financial backing for the project. The cost of transport is now at $10 a tonne for the ore to be railed from the mine to the proposed processing plant at Bell Bay, and the line will join the existing TasRail system near Burnie.

Mr Lennon stated that once a deal with Duke Energy was signed on their plan to pipe gas into Tasmania from Bass Strait, they could provide competitive rates on energy delivery to the Bell Bay plant.

The President of an overseas magnesium company has been appointed as new Managing Director for Crest, replacing Peter Salter who will become a Non-Executive Director.

MINOTAUR GOLD NL (27 June 2000)

The Board of Minotaur announces that the terms of the following arrangements made on 4 April 2000, subject to shareholder approval, have been reviewed.

Transfer its base metal assets to a new company, distribute the shares in the new company in specie to shareholders, and seek listing on the ASX;
Purchase Colloqui Pty Ltd, owner of point to multi-point Internet voice communication technology; and
Make a placement of shares and options.

For further information, click here

MINERALS CORPORATION LIMITED (27 June 2000)

Minerals Corporation Limited advises that Mr C R Berglund has resigned from the office of director of the company effective 26 June.

NOVUS PETROLEUM LIMITED (27 June 2000)

WELL NAME: 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

NOVUS EQUITY: 10%

PARTICIPANTS: Repsol 50% (Operator), Apache 40%

WELL OBJECTIVES: The main objective of the well was 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 the Jurassic age Ras Qattara Formation
Secondary objectives - Oil potential in the Jurassic age Khatatba Formation

FINAL DRILLED DEPTH: 3851 metres

RESULTS TO DATE: Detailed electric logs analysis identified pay in 3 reservoirs -
Deep Jurassic Formation, Jurassic age Khatatba 2F and Khatatba 2B Formation. The well penetrated the Ras Qattara formation 22m deeper than prognosed and was water wet.

Two Drill Stem Tests (DST) were conducted.

DST #1 (3796-3799m) tested a 3m zone in the deep Jurassic reservoirs and flowed 11.3 million cubic feet of gas per day (MMscfd) and 333 barrels of condensate per day.

DST #2 (3417-3425m) tested a 8m zone in the Khatatba 2B reservoir and flowed 928 barrels of oil per day and 7 MMscfd.

The Joint Venture decided not to test gas pay (19m) identified in the Khatatba 2F reservoir and complete the well as an oil producer. The gas reserves will be exploited once the oil has been produced.

FORWARD PROGRAMME: Complete the well as an oil producer from Khatatba 2B

NOVUS PETROLEUM LIMITED (27 June 2000)

ANOTHER OIL FIND "BONUS" FOR NOVUS IN EGYPT

Australian-based oil and gas company, Novus Petroleum Limited, has announced the discovery of another new oil reservoir in its Western Desert licence area in Egypt.

Novus said on Monday 26 June that the Salam North-7X exploration well had been completed as an oil producer from the Khatatba 2B reservoir after testing of 8 metres of oil pay in deeper Jurassic age sands flowed 928 barrels of oil per day.

The exploration well also identified 19 metres of gas pay in the Khatatba 2F reservoir.

PRECIOUS METALS AUSTRALIA LIMITED (27 June 2000)

The board of directors has appointed Mr Andrew D Chapman as a joint Company Secretary of The Company.

For further information, click here

RANGER MINERALS LIMITED (27 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 1,202,167.

Friday 23rd June 2000 (Close of Business)

All Ords 3127.3 +3.7
Dow Jones 10,404.75 +28.63

ASX200 3177.1 +3.5 S&P 500 1441.48 -10.70

All Resources 1279.4 +24.3 Nasdaq 3845.34 -91.50

All Mining 622.4 +10.8 Gold - spot/oz US$282.80 -2.40

All Gold 666.8 +3.5 Silver - spot/oz US$4.93 -0.02

Energy 1437.5 +15.5 Platinum - spot US$557.00 -10.00

All Industrials 5462.3 -9.7 Bridge CRB Index 224.49 -2.59

FTSE 100 6391.50 -22.30 Crude Oil (NYMEX) US$32.25 +0.06

Nikkei 16,963.21 -142.80 Copper (spot $US/tonne) US$1765 -22

Hang Seng 15,738.08 -214.28 Lead (spot $US/tonne) US$415 -1.5

A$ = US59.47c -0.16 Zinc (spot $US/tonne) US$1125 -7.5

A$ = 62.30yen +0.09 Nickel (spot $US/tonne) US$7875 -165

A$ = 0.635Euro -0.003 Aluminium (spot $US/t) US$1545 -21.5

US 30-Year Bond 6.032% +0.051 Tin (spot $US/tonne) US$5505 -12.5

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

Admiralty Resources (24 June 2000)

Since the Board's restructure on 2nd August 1999 the Company has been actively looking at areas of interest which has culminated in the acquisition of Argentina Diamonds Limited, a company with tenements in Argentina, highly prospective for diamonds and base metals.
Under this Prospectus, Admiralty is offering up to 17,000,000 Ordinary shares in Admiralty Resources NL to raise $510,000 at an issue price of 3 cents each.
These funds are to be used by the Company in its exploration program in Argentina.

SHARE ISSUE: SUMMARY OF THE ISSUE
The maximum number of Shares that can be subscribed for under this Prospectus is 17,000,000.
The issue price of the Shares is three cents ($0.03) each, payable in full upon application. The Shares will be issued as fully paid ordinary shares.

PURPOSE OF THE ISSUE
The Issue will raise up to $510,000 before expenses. These funds are to be issued by the Company to facilitate further exploration works in Argentina.

OPENING AND CLOSING DATE
The Issue will open for acceptances on 23rd June 2000. The closing date for applications is 30th June 2000, subject to the right of the Directors to close the Issue at any time before this date. The Directors may extend the period of the Offer in their discretion subject only to the requirements of the Listing Rules and the Corporations Law. In the event that the Directors elect to close the Issue before 30th June 2000, applications received by the close of business on the day that the early closure is announced to the ASX, will be accepted and processed in the manner set out in this Prospectus (subject to the non-acceptance of any oversubscriptions).

PURPOSE OF THE ISSUE
The funds raised by this Issue are to be used by the Company to conduct further exploration activities in Argentina.

ALLSTATE EXPLORATIONS NL (24 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary shares,with attaching 1:1 Bonus Option expiring 15/06/2001.
Number of securities to be issued
Up to 3,533,995.
Issue price of the securities
$0.40 each
Purpose of the issue
The majority of the proceeds of the issue will be used toward meeting costs incurred at the Beaconsfield Mine as a result of delays in plant construction and commissioning, and performance below design throughputs, which have now delayed gold production at commercially acceptable levels for over 9 months beyond that contemplated by the Feasibility Study for the mine. The funds will meet cost over-runs encountered in that plant construction, and ensure that Allstate is able to comply with the terms of its Development Facility financing from Macquarie Bank. Funds may also be applied towards financial and corporate expenses (including, if and as desirable, debt retirement), working capital and possible exploration or other opportunities identified from time to time.
Ratio in which the securities will be offered
Shareholders are offered 1 fully paid ordinary share, with 1 attaching Bonus Option, for each 20 ordinary shares (fully or partly paid) currently held.

Australian Overseas Resources (24 June 2000)

Australian Overseas Resources Limited wish announced that Mr John Genner has been appointed Chairman & CEO of the Company following the death of Sir William Keys, who was Chairman of AOV since the company became re-listed in 1986.
The Board is also pleased to announce the appointment of Brian Thornton as a non-executive director.

AUSTRALIAN PIPELINE TRUST (24 June 2000)

Chief Executive of the Australian Pipeline Trust, Mr Jim McDonald announced that the Trust and its Joint Venture partner, Interstate Pipeline Pty Ltd have entered into a 15 year Gas Transportation Agreement with CS Energy Ltd containing principle terms and conditions for an expansion of the Roma to Brisbane pipeline system and the provision of gas haulage services through that system.

CS Energy is the major electricity generator in South East Queensland and plans to develop a 385 MW gas fired combined cycle plant at Swanbank near Ipswich where it currently has a coal fired plant.

BROKEN HILL PROPRIETARY COMPANY LIMITED (24 June 2000)

BHP announced it would outsource its internal audit function by entering into a global alliance with leading international internal audit service provider, PricewaterhouseCoopers.

BROKEN HILL PROPRIETARY COMPANY LIMITED (24 June 2000)

BHP announced details of the Portfolio Leadership Team (PLT) for BHP Steel. The BHP Steel PLT is a further step in establishing a BHP portfolio management structure, and follows on from the Company's announcement of the BHP Minerals PLT in April and the BHP Petroleum PLT earlier this month.

Five members of the Steel PLT have been appointed with the remaining position to be filled in due course:

* President BHP Steel: Kirby Adams
* President Flat Products: Lance Hockridge
* President Coated Products: John Cleary
* Vice President Fulfilment and Market Solutions: To be recruited
* Vice President Finance: Warren Saxelby

BHP Chief Strategic Officer Brad Mills will also be a member of the BHP Steel PLT. BHP Policy Committee members rotate through business unit PLTs on an annual basis.

CHARTERS TOWERS GOLD MINES NL (24 June 2000)

The following is in response to numerous requests for information on our 35% investment in Internova MCI following the realignment of the technology market.

One of the reasons that CTGM invested in Internova MCI was that it is an established business with market tested products. Sales forecasts indicate that the company could move into profitability as early as August 2000. Of the $2 million invested in the company by CTGM in March 2000, $1.6 million remains and the business is growing.

Internova has recently been appointed an advanced level IBM business partner. Experienced IT professional sales people have been hired with a view to the company becoming more aggressive in providing e-business and e-commerce solutions to the SME and corporate sector. This revenue will supplement income generated by MyCommunity, the local government portal program.

Internova's revenue streams include:

* SME and corporate web site services
* Ongoing and recurring maintenance and hosting services
* E-commerce solutions
* MyCommunity portal rates to local governments
* MyCommunity related business promotion products

Contact Energy Ltd (24 June 2000)

Daily Share Buy-Back Notice - continued; Maximum remaining number of Contact Energy Limited shares to be bought back: 20,405,049

Eagle bay Resources (24 June 2000)

The directors have been requested by ASX to consider whether they have fully informed the market with all relevant information on the Company's activities. The directors draw to the attention of all interested persons to the statements they made about the Company's "Northright" oil and gas prospect on Permit VICP41 in the Gippsland Basin, one of Australia's most prolific producers of Hydrocarbons, in the following releases:
(a) Third Quarter (March 2000) Activity Report - released 26 April 2000;
(b) Drilling Announcement and capital raising plan - released 29 May 2000;
(c) Notice of General Meeting and Explanatory Memorandum - released 12 June 2000.

The meeting papers to shareholders were mailed out and received last week. Many shareholders have called to express interest and to ask questions seeking clarification on technical matters and requesting a simplified version of the geology and exploration potential of the Northright structure, and we offer the following points which should be read in conjunction with the more detailed explanatory memorandum:

1. We have recorded a detailed seismic survey over Northright which has defined the volume of oil which may be recoverable and this has been independently assessed at 100 million barrels recoverable.

2. Eagle Bay has visually observed four oil slicks on the surface of the ocean above the Northright structure whose area is some 10km x 3km. These slicks are some tens of meters long and have been analysed as valuable, light, aromatic crude oil leaking from the Northright structure. They are not oil spills from passing tankers as the crude oil dispersion time is less than 30 minutes.

3. An oil and gas well Sole No 1 discovered proven hydrocarbons in the 35 meter thick Latrobe group sand 17km south of Northright. This discovery is included in the Kipper Basker Manter development under consideration by Shell/Woodside.

4. Assuming a 10 Meter thick Latrobe sand and a net after costs oil value of A$10 per barrel then after the proposed issue of shares by Eagle Bay, the theoretical additional share value would lie between zero and $15 per share.

This share price figure should be risk estimated on a dry hole basis with the recoverable oil figure representing the P50 (or 50% probability that the utilised parameters are correct) situation or on the basin wide average success ratio of 1 in 3.

Huntley's Investment letter this month has an article on the "Northright" story.

In the last two weeks the first firm farm-in offer has been received, coming from an American party. This is being considered, in strict confidence, and is progressing to negotiations.

All of this activity is occurring at a time of world attention on rising oil prices, OPEC meetings and decisions, and increasing opportunity for sale and distribution of oil in the Australian market.

ACTIVITY - ULEY GRANITE MINE RE-OPENING PROPOSAL
The directors are meeting with the principals of proposed JV partner, Harbin Liumao Carbon Technical and Development Company (HLC) of China in Harbin, China, early next month, to discuss all issues and make final development decisions.

Electrometals Technologies (24 June 2000)

Testimonials - for details, click here.

Energy Developments Ltd (24 June 2000)

AMP Limited increased its relevant interest in Energy Developments Limited on 21/06/2000, from 5,675,521 ordinary shares (6.11%) to 6,728,582 ordinary shares(7.24%).

Energy Equity Corporation (24 June 2000)

EEC advised that it has reached agreement with its largest shareholder, Energy World International Ltd to provide a A$33.7 million Convertible Note and Subscription Facility. A further A$1.3 million is to be provided by other shareholders under Linked Agreements to The Facility.

Frontier Petroleum (24 June 2000)

RMG Prospectus Closed - 22/6/2000 Fully Subscribed

RMG advises that it closed its Prospectus on the 22nd June, 2000 fully subscribed. Applications were sought for 3,000,000 shares at an issue price $0.25; the Company received applications for 3,078,000 shares.
This now completes the Frontier transaction with $A25M ($NZ30m) being raised through private placement and public offering. It should be noted that vendors of the various businesses which now comprise the new company have received shares in the new company as part of their consideration and have voluntarily agreed, not to sell shares in the Company, for a period of at least 12 months from the 20th June, 2000.
This transaction creates a $A120m ($NZ150m) company which will be the first to offer an integrated range of receivables debt management and credit reporting services under a single umbrella on both sides of the Tasman.

HERALD RESOURCES LIMITED (24 June 2000)

SPECTACULAR START TO DAIRI ZINC-LEAD PROJECT IN NORTH SUMATRA

International Annax Ventures Inc. announce that it has completed 3 successful drill holes of the planned 7 hole program at the south-eastern end of the Sopokomil prospect at the Dairi project in North Sumatra. All holes have intersected massive sulphides indicating an apparent continuity of the main mineralised horizon in this area. The preliminary assay results for the first hole SOP 22D are reported below. This hole intersects the mineralised zone approximately 100m down-dip of previously announced hole SOP 18D (17m grading 18% Zn and 12% Pb).

Hole Interval Intersection

SOP22D 161-163.7m 2.7m @ 29.0% Zn, 22.2% Pb, 21.4 g/t Ag

174.2-193.3m 19.1m @ 16.0% Zn, 7.54% Pb, 4.8 g/t Ag

Herald is entitled to 9,204,124 shares (representing 64% of the issued capital) in its subsidiary, Canadian-listed company International Annax Ventures Inc. Herald operates all exploration programs on behalf of IAX for an expenditure-based fee.

For further information, click here

KURNALPI GOLD NL (24 June 2000)

Rene Rivkin ceased to be a substantial shareholder in Kurnalpi Gold NL on 21/06/2000.

MINERAL COMMODITIES NL (24 June 2000)

The Company advises that at a general meeting of shareholders held on 23 June 2000, the following ordinary resolution was passed:

That the directors of the Company be authorised to sell the whole of the Company's interest in the Mungari West Joint Venture by public tender subject to the pre-emptive rights which exist in respect thereof not being exercised pursuant to the terms of the joint venture agreements in respect thereof.

MINPROC LIMITED (24 June 2000)

Minproc Limited will be removed from the official list of Australian Stock Exchange Limited from the close of trading on Friday 23 June 2000 following completion of the merger with Gold and Resource Developments Limited.

Security Code: MNE

Mineral Commodities / Goldfields (24 June 2000)

Goldfields announced that its $9 million bid for Mineral Commodities NL's (ASX: MRC) 49% interest in the Mungari West JV (MWJV) has been successful.
The MWJV owns the White Foil deposit that contains a resource of 11.8 million tonnes at 2.42g/t gold for 915,000 oz of gold and is located 8 kms south of Goldfields' Kundaria operation. Mines & Resources Australia Pty Ltd (MRA), a wholly owned subsidiary of the French Cogema group holds the remaining 51% and is the current manager. Under the terms of the MWJV, MRA can choose to exercise its 30 day pre-emptive right over MRC's interest, from 22 June.

Molopo Australia (24 June 2000)

Due to inclement weather in China, the spudding of LW-L2 well, the second well in the current three well coalbed methane drilling program, has been delayed by several days.

Mount Burgess Gold Mining Co (24 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 4,247,985.
For additional information on Mount Burgess, click here.

Newcrest Mining (24 June 2000)

AMP Limited became a substantial shareholder in Newcrest Mining Limited on 21/06/2000 with a relevant interest in the issued share capital of 12,111,057 ordinary shares (5.00%).

NEXUS MINERALS NL (23 June 2000)

The Company advises that a General Meeting of the Company was held in Perth today.

We further advise that at the meeting, all resolutions in the Notice of Meeting were considered by shareholders and duly passed.

NORTH LIMITED / RIO TINTO (24 June 2000)

TAKEOVER BID FOR NORTH LIMITED

Rio Tinto Limited announced that it will make a cash offer ofA$3.80 per share for all the issued shares of North Limited. Rio Tinto Limited purchased a 14.5% holding in North today at A$3.80 per share.

The offer represents a premium of approximately:

30% to yesterday's closing price of A$2.93 (the day before Rio Tinto entered the market to acquire its holding);
35% to the weighted average price for North over the past three months.

The offer values North at A$2.80 billion compared with its market value at yesterday's close of A$2.16 billion.

PACMIN MINING CORPORATION LIMITED (24 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 617,307.

Talon Resources (24 June 2000)

Talon announced the formal resignation of Stephen Stone as Non-Executive Chairman and Director. Mr Phillip Pullinger, a founding Director of Talon, has agreed to take on the role of Acting Chairman in the interim period whilst Talon looks for a suitable replacement Chairperson.

United Energy Ltd (24 June 2000)

AMP Limited decreased its relevant interest in United Energy Limited on 21/06/2000, from 252,517,047 ordinary shares (60.64%) to 249,284,974 ordinary shares(59.57%).

WMC (24 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 31,785,095

Thursday 22nd June 2000 (Close of Business)

All Ords 3123.6 -2.1
Dow Jones 10,376.12 -121.62

ASX200 3173.6 -4.8 S&P 500 1452.18 -26.95

All Resources 1255.1 +17.9 Nasdaq 3936.84 -127.17

All Mining 611.7 +3.6 Gold - spot/oz US$285.20 -0.70

All Gold 663.4 -2.3 Silver - spot/oz US$4.95 +0.01

Energy 1422.1 +10.5 Platinum - spot US$567.00 +6.0

All Industrials 5471.9 -16.9 Bridge CRB Index 227.08 +2.03

FTSE 100 6413.8 -64.0 Crude Oil (NYMEX) US$32.19 +0.82

Nikkei 17,106.01 -104.07 Copper (spot $US/tonne) US$1787.0 +9.0

Hang Seng 15,952.36 -285.78 Lead (spot $US/tonne) US$416.5 -0.5

A$ = US59.63c -0.65 Zinc (spot $US/tonne) US$1132.5 +2.5

A$ = 62.21yen -1.44 Nickel (spot $US/tonne) US$8040.0 +45.0

A$ = 0.638Euro unch Aluminium (spot $US/t) US$1566.5 +15.5

US 30-Year Bond 5.981% +0.022 Tin (spot $US/tonne) US$5517.5 +47.5

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

PACMIN MINING CORPORATION LIMITED (22 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 620,107.

PERILYA LIMITED (24 June 2000)

Drilling has recommenced on the Tampang Prospect in Sabah, Malaysia, where the Company has a 50:50 joint venture with Mamut Copper Mining Sdn Bhd, a wholly owned subsidiary of Mega First Corporation Bhd.

Drilling commenced in late May to follow up on exploration success on the Bongkud anomaly where previous drilling had given a best result of 331 metres at 0.31% copper and 0.70 grams/tonne gold. Geophysical surveys have been completed since the last drill programme aimed at identifying potentially higher grade zones within the Bongkud mineralised porphyry copper system.

Assay results have been received for the first hole in the current programme. TRD017 was drilled from 4931N, 8222E as a vertical hole to a depth of 337 metres. The hole intersected strongly veined and mineralised intrusive to a depth of 252 metres, where a late stage unmineralised intrusive was intersected.

WEDGETAIL EXPLORATION NL (22 June 2000)

Wedgetail Exploration NL wish to advise that Gulliver International Pty Ltd the company's wholly owned subsidiary has executed further conditional documentation with ICSA T in respect of licences for the use of ICSA T technology in Asia and Australia regions.

The Company is now finalising technical and financial parameters which will enable it to meet the Agreement conditions and proceed with commercial activities.

Managing Director Mr Frank Vanspeybroeck will meet again with ICSA T executives in Antwerp next week. The Company will advise further upon his return in July.

WMC LIMITED (22 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 31,785,095.

YAMARNA GOLDFIELDS LIMITED (22 June 2000)

Yamarna Goldfields Limited has been granted a waiver from listing rule 6.24 in relation to the Options expiring 30 June 2000.

As a result of this decision, an option expiry notice will not be sent to optionholders.

ACCLAIM URANIUM LIMITED (23 June 2000)

The company has successfully completed a capital raising of $2,800,000 the subject of the prospectus lodged on 8 June 2000.

ADMIRALTY RESOURCES NL (23 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary Shares
Number of securities to be issued
17,000,000
Issue price of the securities
3 cents each
Purpose of the issue
The funds raised by this issue are to be used by the company to conduct further exploration activities in Argentina. The funds will be used to acquire plant and equipment, undertake mapping and survey work and provide additional working capital to cover sampling and operating costs

ALLEGIANCE MINING NL (23 June 2000)

Allegiance Mining announce that it has earned 100% ownership of the Zeehan Nickel Project by spending $2.0 M on exploration up-to-date. The 10% interest held by Rio Tinto will now revert to a 2% net smelter return to Rio Tinto. The acquisition of total control and ownership is regarded as a major step forward for the company. This reformation of the joint venture is subject to legal finalisation and statutory approval but no major obstacles are foreseen.

AUSTRALIAN GOLD RESOURCES LIMITED (23 June 2000)

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Australian Gold Resources Limited will be suspended from Official Quotation prior to the commencement of trading on Thursday 22 June 2000, in accordance with listing rule 17.4, following the despatch of compulsory acquisition notices in respect of the takeover offer by Centaur Mining & Exploration Limited.

Security Codes: AGR

ALCASTON MINING NL (23 June 2000)

Alcaston Mining NL advise that Swedish subsidiary, Alcaston Diamond Exploration AB, has received the results of a geophysical interpretation of the airborne geophysical data over the Company's main Swedish diamond exploration licence.

The interpretation was undertaken by the Company's consulting geophysicist Mr Nigel Hungerford of Flagstaff Geo-Consultants, and was based on data purchased from the Swedish Geological Survey covering an area of approximately 15,000 square kilometres.

Approximately 300 targets have been identified of which 22 are high priority targets, having geophysical signatures appropriate to kimberlite pipes.

AMX RESOURCES LIMITED (23 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Options
Number of securities to be issued
6,280,000
Issue price of the securities
Nil
Purpose of the issue
Issue of options to staff under the Employee Incentive Scheme

AUSTRALIAN OIL & GAS CORPORATION LIMITED (23 June 2000)

Golden Words Pty Ltd increased its relevant interest in Australian Oil & Gas Corporation Limited on 15/06/2000, from 3,683,738 ordinary shares (-%) to 3,733,738 ordinary shares(-%).

AUSTRALIAN MINING INVESTMENTS LIMITED (23 June 2000)

On advice from Galillee Energy Ltd the Directors announce that the Rodney Creek #6 well, (the last of four wells drilled to complete a five well pilot project) reached the target total depth of 1,123m on June 21. After completion of logging, casing and cementing the rig will be moved to Rodney Creek #3.

The Rodney Creek #3 well (drilled in 1995) will be cleaned out and new rods, tubing and progressive cavity pump run. The well will be put on pump test immediately (June 25 target), to provide water for stimulation of upper Betts Creek zones in the balance of the wells in the project.

Fracture stimulation operations are expected to commence on the Rodney Creek #7 on June 29.

BATTLE MOUNTAIN GOLD COMPANY (23 June 2000)

Battle Mountain Gold Company and Newmont Mining Corporation have entered into a merger transaction under which Battle Mountain Gold will become a wholly-owned subsidiary of Newmont Mining. Each of Battle Mountain Gold's 230 million shares of common stock and exchangeable shares will be exchanged for 0.105 shares of Newmont common stock. The transaction will be accounted for as a pooling of interests.

BEMAX RESOURCES NL (23 June 2000)

1. Increase of Ownership of Ginkgo Deposit to 75%

BeMaX Resources and Imperial One Limited have agreed on the terms and intend to enter an agreement under which Imperial One Limited will transfer its 100% ownership interest in Imperial Mining (Aust) NL to BeMaX, giving the BeMaX group an additional 25% beneficial interest in the Ginkgo heavy mineral sands deposit in the Murray Basin.

In exchange, Imperial One Limited would receive 18.95 million fully paid BeMaX shares and 1.75 million twenty-five cent options expiring in December 2001.

2. Underwriting of 30 June Options

BeMaX has on issue 24, 317,050 twenty-cent options which expire on 30 June 2000. If all these options were exercised the company would receive approximately A$4.8 million. An expression of interest has been received from Hudson Corporate Limited to underwrite 50% (A $2.4 million) of these options.

3. Ginkgo and other Murray Basin Prospects

Ginkgo is the largest contiguous Indicated Resource of heavy minerals defined to date in the Murray Basin. An Indicated Resource of 252 million tonnes @ 2.8% heavy minerals at a cut off grade of 1.0% HM was recently estimated by Snowden Mining Industry Consultants and announced on 2 May 2000.

For further information, click here

BRANDRILL LIMITED (23 June 2000)

Brandrill Limited announced that it would make a 7.5% placement by issuing 6 million shares (at an issue price of $1.15 per share) to Impala Platinum Holdings Limited, a major South African mining company.

Implats, the world's second largest platinum miner, will make a strategic investment in the Company in order to back the development of Brandrill's internationally patented rock-breaking technology known as Penetrating Cone Fracture (PCF).

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary shares will be issued under the terms of a Subscription Agreement dated 22/06/2000. A summary of the key terms of the Subscription Agreement is set out in Annexure 'A' attached.
Number of securities to be issued
6,000,000
Issue price of the securities
$1.15 per fully paid ordinary share
Purpose of the issue
To reduce debt as well as to fund the commercialisation of the Company's PCF rock-breaking technologies and South African operations.

BROKEN HILL PROPRIETARY COMPANY LIMITED (23 June 2000)

BHP announce it has agreed to sell its interests in the Bolivia to Brazil gas pipeline (BTB Pipeline) for approximately A$70 million profit.

The divestment is a continuation of BHP's portfolio management activities and represents the sale of a non-core asset.

BROKEN HILL PROPRIETARY COMPANY LIMITED (23 June 2000)

BHP announce it is to proceed with the 300 million barrel (gross) Rhourde Oulad Djemma (ROD) integrated oil field development in the Berkine Basin of Algeria. The development represents a significant value creating addition to the BHP portfolio and is one of a number of greenfield and brownfield projects the company expects to commit to over the coming year.

CAPRAL ALUMINIUM LIMITED (23 June 2000)

Principal Mutual Holding Company increased its relevant interest in Capral Aluminium Limited on 21/06/2000, from 11,222,272 ordinary shares (5.45%) to 14,528,453 ordinary shares(7.06%).

CLUFF RESOURCES PACIFIC NL (23 June 2000)

The Company announce the recovery of a further 529 diamonds weighing 67.3 carats from 638 tonnes mined from the Monte Christo Mine at Bingara, NSW. The largest stone recovered was a 0.9 carat white, with the nature of the diamonds being different from those previously mined, with many macles (triangular stones) recovered, and a higher proportion of yellows amongst the finer stones.

The stones were recovered from a bed of poorly sorted gravel about two metres thick underlying the previously mined bedded gravels. The bed extends to the southwest of the working face, and mining is continuing in that direction. The average grade recovered was 10.5 carats per hundred tonnes, higher than in the overlying bedded gravels.

COMET RESOURCES NL (23 June 2000)

Comet Resources NL advises that it intends to conduct an on market buy-back of up to 10% of its issued shares.

The buy-back will commence on 21 July 2000.

ANNOUNCEMENT OF BUY-BACK

Type of buy-back
On-Market Buy-Back
Class of shares which is subject of the buy back (eg, ordinary/preference) Ordinary Fully Paid
Voting right (eg, one for one)
One vote per share
Reason for buy-back
Management of Capital Structure
If the company intends to buy back a maximum number of shares - that number 7,609,653

CONSOLIDATED MINERALS LIMITED (23 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary fully paid shares
Number of securities to be issued
20,000 shares
Issue price of the securities
30 cents per share
Purpose of the issue
Exercise of options previously issued to the allottee.

ELECTROMETALS TECHNOLOGIES LIMITED (23 June 2000)

Electrometals Technologies Limited now has a testimonials web page, for further information, click here.

FLETCHER CHALLENGE LIMITED (23 June 2000)

Fletcher Challenge Energy clarify its position with regard to the recent Investment Statement issued by Spectrum Exploration Limited through Venture Taranaki in relation to Petroleum Exploration Permit 38462, offshore Taranaki, New Zealand.

All views, opinions and interpretations carried in the above mentioned document are solely those of Spectrum Exploration Ltd, it's directors and advisors. They should in no way be inferred to be the views of Fletcher Challenge Energy.

Fletcher Challenge Energy is mentioned as a joint venture partner on pages four and eight of the document. No association whatsoever should be drawn between the information provided in the document and Fletcher Challenge Energy, including quoted reserves estimates.

As of 20 June 2000, Fletcher Challenge Energy has formally withdrawn from participation in the licence. Spectrum Exploration Ltd and the Ministry of Economic development were notified of the withdrawal on 20 June 2000.

FLETCHER CHALLENGE LIMITED (23 June 2000)

Fletcher Challenge
Drilling & Production Testing Report
For the week ending 21/06/2000

Country : Canada

Block Area: Baldwinton
Well Name : 2A-10-44-23W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 16/06/00
* Cased for Sparky Oil
* Rig Released: 18/06/00

Block Area: Wolf Creek
Well Name : 7-6-42-6 W5M
Objective : A Development well testing Ostracod Oil
Current Status : * Spud 03/06/00
* Cutting core#2 at 2524mKB(MD)

Block Area: Baldwinton
Well Name : 14-6-40-15 W4M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 18/06/00
* Cased for Sparky Oil
* Rig Released: 20/06/00

Block Area: Baldwinton
Well Name : 8A-10-44-23W3M
Objective : A Development well testing Sparky Oil
Current Status : * Spud: 19/06/00
* Cased for Sparky Oil
* Rig Released 21/06/00

Block Area: Riverbend
Well Name : 9-10-36-9W4M
Objective : An Exploration well testing for Colony Gas
Current Status : * Spud: 14/06/00
* Cased for Viking Gas
* Rig Released: 18/06/00

FLETCHER CHALLENGE LIMITED (23 June 2000)

Fletcher Challenge
Drilling & Production Testing Report
For the week ending 21/06/2000

Country : New Zealand

Block Area: PEP 38459
Well Name : Pohokura-2
Objective : Appraisal well evaluation Pohokura-1 gas condensate
discovery in the sands of the Kapuni Group.
Current Status : * Drill stem testing was successfully completed
with results announced earlier this week. Being
an appraisal well, and therefore not optimally
located as a long term producer, the well was
plugged and abandoned.

Country : Brunei

Block Area: Block A & CD
Well Name : East Egret-1
Objective : (a) Primary Pliocene objectives 3390m.
(b) Secondary Miocene objectives 3700m.
(c) Primary Miocene objectives 4120m.
Current Status : * Spudded well on 18 June 2000.
* Drilled 36" hole to 157m.
* Ran and cemented 30" conductor @ 157m.
* Drilled 26" hole to 945m.
* Currently running 20" casing.

FLETCHER CHALLENGE LIMITED (23 June 2000)

Fletcher Challenge
Drilling & Production Testing Report
For the week ending 21/06/2000

Country : New Zealand

Block Area: PML381012
Well Name : MB-7
Objective : Horizontal development well in the Maui B D1.10 oil
reservoir
Current Status : * Drilled 8(1/2)" hole from 2967m to 3377m. Angle
built to 72 degrees.
* Current operation @ 0600hrs 22nd June, preparing
for wiper trip, prior to drilling ahead in 8(1/2)"
hole.

Block Area: PML381012
Well Name : MB-6
Objective : Horizontal development well in the Maui B D1.10 oil
reservoir
Current Status : * Suspended well with stuck 4(1/2)" liner pending
evaluation of sidetrack or completion options while
operations proceed on MB-7

Block Area: PML 38036
Well Name : McKee-9A
Objective : Sidetrack development infill well in the McKee oil reservoir
Current Status : * Completed drilling to a TD of 2280 maHBRT.
* All tops as expected.
* A 70 metre column of oil was intersected,
exceeding mean expectations by approx 25 metres.
This well will now be completed and brought on to
production through the McKee Production Station.
* As a consequence of the success in this well a
further infill well, McKee-2B, is to be drilled
immediately to access additional bypassed oil.

GOLDFIELDS LIMITED (23 June 2000)

Portfolio Partners Limited decreased its relevant interest in Goldfields Limited on 21/06/2000, from 17,505,254 ordinary shares (10.66%) to 14,728,871 ordinary shares(8.97%).

HILL 50 GOLD NL (23 June 2000)

Commonwealth Bank of Australia, Colonial Limited ceased to be a substantial shareholder in Hill 50 Gold NL on 13/06/2000.

KIMBERLEY DIAMOND COMPANY NL (23 June 2000)

Kimberley Diamond Company NL announce it has accepted an unconditional offer from Equity Underwriters Limited of Sydney to underwrite the first $625,000 of shortfall in the current rights issue of the Company, plus the first opportunity to place any additional shortfall of stock up to a further $375,000 ($1 million in total) for a fee of 6 percent. Oversubscriptions from KDC shareholders are to be dealt with after the underwriting shortfall has been applied to Equity Underwriters.

KINGSGATE CONSOLIDATED NL (23 June 2000)

The board of directors of Kingsgate announce that the Thai Ministry of Industry has granted the 4 mining leases covering the proposed Chatree Gold Mine for a period of 20 years.

Construction of the mine will commence during the current monsoon season and is scheduled to take 12 months.

Gold and silver production in the first operating year is expected to be 146,000 ounces of gold equivalent at a cash cost of US$86 per ounce gold equivalent making Chatree one of the world's lowest cost gold mines.

MARLBOROUGH RESOURCES NL (23 June 2000)

Marlborough Resources NL announce the successful auction of the previously advised forfeited employee incentive shares. These shares, held by former employees and associates, were forfeited under the terms and conditions of the Employee Incentive Share Scheme. Three million six hundred thousand part paid shares were auctioned for a total of $174,000.

These funds will be used to further the Ardlethan Tin Project.

MINERAL COMMODITIES NL (23 June 2000)

The company advises that following the close of formal tenders for the company's 49 per cent interest in White Foil, the highest tender price received was $9.0 million.

The winning tender is subject to pro-conditions including approval for the transaction at tomorrow's Extraordinary General Meeting and a short pre-emptive time period in favour of the operator at Mungari West. Final settlement is scheduled for the end of July.

Net proceeds, assuming approval, will be initially used to further develop the company's interests in the Mount Isa region, as well as pursue other opportunities currently under review.

MOUNT BURGESS GOLD MINING COMPANY (23 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 4,270,000.

For company information, click here

MONTO MINERALS NL (23 June 2000)

Mulgildie Basin Water Bore Drilling Commenced

1. Drilling of the first water bore to approximately 660 metres commenced today at a site about 2.5km to the north-west of Mulgildie near Monto in Central Queensland. The bore is intended to access water from the Precipice Sandstone in the Mulgildie Basin. Following drilling, construction and development of the bore, testing is to be carried out by using a step-drawdown pumping test and a 100 hour constant drawdown test. Work is expected to be completed by mid July. The bore construction represents a major step in verifying availability of a reliable water supply which is critical to the Goondicum Crater Ilmenite and Titano-magnetite Project.

2. Construction of the bore and subsequent testing of water flow volume is intended to provide a level of certainty which will assist the facilitation of funding of the project.

3. The bore being constructed is one of possibly three which would be required to provide processing water for the Goondicum project and represents a viable alternative to the construction of a weir as proposed in earlier studies. Water from the Mulgildie Basin is expected to require minimal processing and would be pumped via a 32 km pipeline to the project site.

OIL COMPANY OF AUSTRALIA LIMITED (23 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 22/06/2000

QUEENSLAND

WELL: Challum 18 DW1
TYPE: SWQ Unit Gas Development
LOCATION: PL59, Aquitaine B Block, 1.25km NE Challum 1 and 20km W of the Ballera Gas Centre

STATUS AT 22/06/2000 0600 HOURS: Milling window in casing for upper lateral. The mainhole reached a depth of 2902m MD, with 30m progress for the week. It is planned to drill the upper lateral DW2 before proceeding with DW1.
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.
PLANNED TOTAL DEPTH: DW1 3121m MD DW2 3100m MD

WESTERN AUSTRALIA

WELL: Bantha 1
TYPE: Oil Exploration Wildcat
LOCATION: TL3, Offshore West Coast Barrow Island, WA
STATUS AT 22/06/2000 0600 HOURS: Nippling up wellhead and blow out preventors. The current depth and progress for the week is 390m. Bantha 1 spudded on 18/06/2000.
PLANNED TOTAL DEPTH: 1450m

USA

WELL: Runnels 1
TYPE: Gas Exploration
LOCATION: Amerada 8 Prospect, Clopper Ranch Joint Venture, Matagorda County, Texas, USA
STATUS AT 21/06/2000 0600 HOURS: Runnels has been plugged and abandoned. The well reached a total depth of 3654m with no progress for the week. The rig was released on 16/06/2000.
PLANNED TOTAL DEPTH: 3749m

WELL: Webb 1
TYPE: Gas Exploration
LOCATION: Suemaur Moore Prospect, San Patricio County, Texas
STATUS AT 21/06/2000 0600 HOURS: Drilling ahead. The current depth is 2752m with 1049m progress for the week
PLANNED TOTAL DEPTH: 4115m

WELL: State Tract 157#1
TYPE: Gas Exploration
LOCATION: South Long Reef Prospect, Aransas County, Texas
STATUS AT 21/06/2000 0600 HOURS: Drilling ahead. The current depth is 2606m with 1051m progress for the week. The well spudded on 8/06/2000.
PLANNED TOTAL DEPTH: 3048m

WELL: Mew Estate 1
TYPE: Gas Exploration
LOCATION: Edge-Queen City 111 Prospect, Duvual County, Texas
STATUS AT 21/06/2000 0600 HOURS: Drilling ahead. The current depth and progress for the week is 1212m. The well spudded on 16/06/2000.
PLANNED TOTAL DEPTH: 2743m

OIL COMPANY OF AUSTRALIA LIMITED (23 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 22/06/2000

SOUTH AUSTRALIA

WELL: Moomba 107
TYPE: Gas Development
LOCATION: PPL 7, Moomba Block, 1.95km W of Moomba 93, 2.1km SW of Moomba 58, and some 9km NW of the Moomba Gas Plant.
STATUS AT 22/06/2000 0600 HOURS: Running wiper trip prior to wireline logging. The well reached a total depth of 2643m with 904m progress for the week.
PLANNED TOTAL DEPTH: 2635m

WELL: Toolachee West 1
TYPE: Gas Exploration
LOCATION: PPL 14, Toolachee Block. 1.5km S of Toolachee 46, 2.0km W of Toolachee 14 and some 60km SE of the Moomba Gas Plant.

STATUS AT 22/06/2000 0600 HOURS: Running in hole with test tools to conduct a drill stem test over the Permian Epsilon Formation. The well reached a total depth of 2305m with 1099m progress for the week.
PLANNED TOTAL DEPTH: 2292m

WELL: Pondrinie 17DW1
TYPE: Gas Development
LOCATION: PPL 90, Merrimelia-Innamincka Block, 1km WNW of Pondrinie 15DW, 1.8km WSW of Pondrinie 8 and 75km NE of the Moomba Gas Plant.
STATUS AT 22/06/2000 0600 HOURS: Drilling ahead. The current depth is 1859m MD with1747m progress for the week. The well was directionally kicked off at 1777m.
Pondrinie 17DW is a high angle gas development well designed to drain gas reserves in the Permian aged Merrimelia Formation.
PLANNED TOTAL DEPTH: 2820m

OIL COMPANY OF AUSTRALIA LIMITED (23 June 2000)

Oil Company of Australia on behalf of the PL 101 Joint Venture, advise that:

Peat No 25, a coal gas development well situated approximately 850 metres southwest of Peat No 3, latitude 26 deg 00 min 35.87 sec south, longitude 150 deg 05 min 54.59 sec east, was spudded at 20:30 hours on June 15, 2000. Surface casing was set at 99.4 metres RT at 03:30 hours, June 18, 2000, the well reached a total depth of 820 metres RT. The well was cased and suspended with the rig released at 06:00 hours June 19, 2000. At 06:00 hours today the rig was being moved to the Merivale No 9 well location. Progress for the week was 820 metres.

The primary target of the well was coal seams in the Baralaba coal measures.

PRIMA RESOURCES LIMITED (23 June 2000)

RESPONSE TO ASX QUERY

In response to enquiry regarding the article appearing in the West Australian on 22 June 2000.

Please be advised that Prima has a history of ongoing discussions and co-operation with Kimberley Diamond Company NL (KDC) regarding the Ellendale area. On 30 May 2000, Prima contracted KDC to undertake a 200 tonne bulk sampling program of diamond bearing gravels from the Prima tenements.

Following further discussions, Prima received a letter from KDC on 16 June 2000 outlining concept terms which may apply to combining, to some extent, the two companies interests in the Ellendale area. One aspect of these concept terms involves Prima being granted an option to acquire up to a 20% of interest in ELA 04/1139 covering the ground subject to a dispute with the Argyle Joint Venture. This ground covers the main diamond pipes No 4 and 9 where testing in 1978-1980 recovered 92,000 diamonds for 13,000 carats of mainly gem diamonds.

While certain terms have been outlined to Prima for this option, nothing has been advanced that would form the basis for contracts between the companies.

As stated in the company's quarterly report to 31 March 2000, Prima has a strong interest in participation in this and surrounding tenements. Discussions with KDC continue and the market will be kept informed if contracts eventuate.

RED BACK MINING NL (23 June 2000)

Commonwealth Bank of Australia and Colonial Limited became a substantial shareholder in Red Back Mining NL on 13/06/2000 with a relevant interest in the issued share capital of 5,903,662 ordinary shares (9.93%).

This information is based on a total number of securities of 5,903,662.

ROC OIL COMPANY LIMITED (23 June 2000)

ONSHORE UK (ROC 100%)

As of noon on 21 June 2000 (UK time), the Keddington 2y sidetrack well had reached a final total depth of 2,634 metres in the basal Westphalian section. While pulling out of the hole prior to running the completion, the bottom of the drilling assembly became differentially stuck and subsequent fishing operations were unsuccessful.

For production, the lower 20 metres of the casing (2,369 to 2,389 metres) has been perforated across the oil bearing Unit 1 sandstone. The uncased portion of the hole above the fish has been left open to production. The current operation is running production tubing and preparing to move the drilling rig off-site.

SANTOS LIMITED (23 June 2000)

Santos Ltd announce that it will sell up to 120 petajoules of natural gas to Queensland power generator, CS Energy Ltd, over a 10 to 15 year period. This will facilitate investment of over $300 million in gas-fired generation capacity and infrastructure development in Queensland.

TAP OIL NL (23 June 2000)

Tap Oil provide the following update on the Intrepid-1 exploration well which spudded on 14 June 2000.

LOCATION
The well is located in WA-277-P, approximately 400 kms West of Darwin in the Timor Sea at latitude 12deg 56' 02.36" South and 125deg 50' 51.90" East.
PROGRESS
As at 06.00 hours on 22 June 2000, the well has drilled ahead to a revised total depth of 1,394 metres and is currently finalising the wireline logging programme. The well will be plugged and abandoned having failed to encounter hydrocarbon shows.

TAP OIL NL (23 June 2000)

Tap Oil provides the following update on Tanami-4 appraisal well which was spudded on 8 June 2000.

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

PROGRESS
Formation Pressure testing and fluid sampling has confirmed the presence of an 18.9 metre thick gross oil column at the top of the Flag sandstone reservoir between depths of 1,824 metres true vertical depth ("TVD") and an oil water contact of 1,842.9 metres TVD. The net pay within the Flag sandstone is estimated to be 15 metres.

In addition a 4 metre thick sandstone reservoir interval between depths of 1,811 and 1,815 metres TVD, within the Muderong Formation and immediately overlying a thin seal to the Flag reservoir, has been shown to also be oil filled. This oil zone has a different pressure gradient than that in the Flag sandstone and is thus interpreted at this stage to be a separate accumulation.

TAP COMMENT
It is interpreted from oil water contacts and the oil character that the oil accumulation at Tanami-4 is a new field discovery separate to that at Tanami-1 and hence, will add significantly to the reserves in the overall Tanami area.

Although the significance of the discovery of oil in basal sands of the Muderong Formation has yet to be fully determined, this is the first such discovery within the basin and will represent an important new objective in the joint venture's exploration program.

FORWARD PROGRAMME

On completion of all wireline logging, the Tanami-4 well will be suspended as a future oil producing well. Following a full analysis of the well results, the Harriet Joint Venture will then evaluate development options to Varanus Island 2 kms to the north. The unsuccessful Tanami-5 well will be used as a water disposal well.

WMC LIMITED (22 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 33,285,095.

Wednesday 21st June 2000 (Close of Business)

All Ords 3125.6 +19.3
Dow Jones 10,497.74 +62.58

ASX200 3178.4 +23.2 S&P 500 1479.07 +3.12

All Resources 1237.1 -0.4 Nasdaq 4064.01 +50.65

All Mining 608.1 +3.1 Gold - spot/oz US$285.90 +0.40

All Gold 665.7 +2.7 Silver - spot/oz US$4.94 -0.07

Energy 1411.6 -9.5 Platinum - spot US$561.00 -6.0

All Industrials 5488.8 +39.7 Bridge CRB Index 225.04 +0.72

FTSE 100 6477.8 -49.1 Crude Oil (NYMEX) US$31.37 +0.72

Nikkei 17,210.08 +302.53 Copper (spot $US/tonne) US$1767.0 +6.5

Hang Seng 16,238.14 +151.4 Lead (spot $US/tonne) US$416.5 -2.0

A$ = US60.28c -0.08 Zinc (spot $US/tonne) US$1120.5 -0.5

A$ = 63.65yen +0.11 Nickel (spot $US/tonne) US$7845.0 -45.0

A$ = 0.638Euro +0.006 Aluminium (spot $US/t) US$1550.0 +10.0

US 30-Year Bond 5.959% +0.063 Tin (spot $US/tonne) US$5492.5 +12.5

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

ASTRO MINING NL (22 June 2000)

The Directors announce that Astro Mining have completed their due diligence process and the Farmin and Joint Venture Agreement with the Company has been formally signed.

The Agreement covers all tenements owned by Conquest adjacent to the Argyle Diamond Mine and within a 250 kilometre radius of the Bow River Diamond Mine in the East Kimberley Area of Western Australia that are highly prospective for diamonds.

ASHTON MINING (22 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 343,196.

AUSTRALIAN GOLD COUNCIL (22 June 2000)

The Council state their concern over the decline in gold exploration expenditure.

Commenting on data released from the Australian Bureau of Statistics, the AGC state that the effects of a continued decline will not become apparent immediately; however, in 5-7 years time, new or expanded existing projects will not come online.

The most worrying aspect of a continuing decline is regional Australia's economic reliance on the Gold industry as the mainstay in many areas.

The Australian Bureau of Statistics forecast gold exports to reach $4.4 billion in 2000/2001 and so far this year, five exploration floats have come onto the equity market. In contrast, 1999 saw virtually no capital raising activity by explorers.

AUSTRALIAN WORLDWIDE EXPLORATION (22 June 2000)

Yolla Gas - The Project on the Move

The developers of the Yolla Gas and Liquids Project, offshore from Burnie, have spent $50 million over the last two years proving that, in one small area alone, there are adequate reserves to provide natural gas and liquid fuels to Tasmania for at least the next 20 years based on existing market demand.

BROKEN HILL PROPRIETARY COMPANY LIMITED (22 June 2000)

BHP has announced that it had encountered a significant oil column in the Griffin 8 well offshore Western Australia. The results will enable BHP to book additional reserves at Griffin and significantly increase short term production, thereby delivering high margin production revenues.

Griffin 8, drilled as part of an infill drilling program in the Griffin area, was drilled to a total vertical depth of 2813 meters subsea and encountered an oil column in the Zeepaard formation which was significantly greater than predicted. Wireline logging data and pressure testing confirmed a gross oil column of around 63 meters. After casing and completing, the well flowed at a stabilised flow rate in excess of 8000 barrels of oil per day (bopd) although the true potential was not realised because of equipment limitations on the rig.

COOLGARDIE GOLD NL (22 June 2000)

Coolgardie Gold has increased its equity in Sm@rtTrans Limited to 55% with the investment of a further $200,000 taking its investment to $1million.

CREST MAGNESIUM NL (22 June 2000)

Energy and Rail Link - Update - Tasmanian Government

The Tasmanian Government state their committment to the development of a Magnesium metal processing plant in northern Tasmania and confirm that plans for a rail link between Crest's ore deposit in North West Tasmania and the proposed processing plant at Bell Bay are well advanced.

The Government has completed an initial scoping study and undertaken extensive community consultation in relation to the proposed route of the rail link. The preferred route is now agreed and the approval process for construction of the link can be commenced when required.

CUE ENERGY RESOURCES NL (22 June 2000)

An announcement was made on 20 April 2000 regarding Cue Energy's intention to invest in technology related projects, the company advises that it has taken up 5,000,000 ordinary shares together with 5,000,000 attaching options in Bambuu Ltd at an issue price of A$0.25 per share. The options are exercisable at A$0.20 on or before 31 March 2002. Cue's shareholding will be approximately 16.7% of the issued capital of Bambuu and Cue will be the largest single shareholder in Bambuu.

Bambuu intends to take strategic positions in business ventures that have developed or are at the early stages of developing technology products that have e-commerce applications, and which the directors of Bambuu believe will be of benefit to the Company and its shareholders.

FEDERATION RESOURCES NL (22 June 2000)

Federation Resources NL advise that SLE (Australia) Pty Ltd a company in which Federation owns 50% interest has reported that their new high technology photoluminescence pigment, (LUXALUM GID 500) has become commercially viable and that the Company's first order for 1 tonne valued at $308,000 has been received from a major international chemical company.

FORTUNA NL (22 June 2000)

Former Com Tech National Business Development Manager Mr Stuart Mills has been appointed NSW State Manager for VivaNET in a move that signals the start of a major push by the company to strengthen its NSW presence.

GREATER PACIFIC GOLD LIMITED (22 June 2000)

The prospectus dated 23 May 2000 for the placement of 60,000,000 shares at an issue price of $0.04 each, together with 30,000,000 free attaching 31 October 2002 options exercisable at 20 cents each has been closed fully subscribed. The placement raised $2,400,000, before expenses of the issue.

HARDMAN RESOURCES NL (22 June 2000)

Hardman Resources NL advise that it has committed to the Year Two Seismic Programme for Blocks 1, 7 and 8 offshore Mauritania. Earlier this week the Joint Venture Operator, Dana Petroleum, presented the results of the Year One seismic mapping and technical study to the Government of Mauritania. A number of significant hydrocarbon leads have now been identified in both the shallow and deep water portions of the three PSC areas. The Year Two Seismic Programme is expected to further upgrade the potential of the identified leads.

Blocks 1, 7 and 8 are located to the south and north of the Woodside Petroleum and British-Borneo/Agip Joint Venture areas, currently subject to farmin agreements with Hardman. The three blocks cover a large area of approximately 34,000 square kilometres and extend from the coastline to beyond 2,000 metres water depth.

HERITAGE GOLD NZ LIMITED (22 June 2000)

Heritage Gold NZ Ltd resolved to distribute in specie some of the 50 million shares in its wholly owned subsidiary Hi Tech Investments Limited (HTI) to shareholders of Heritage in the ratio of two (2) HTI shares for every five (5) Heritage shares held. Fractions will be rounded up to the nearest whole number.

Entitlements for Heritage shareholders will be determined at 5.00pm on Friday, 7 July 2000.

HUDSON RESOURCES LIMITED (22 June 2000)

Hudson Resources Ltd/Hudson Investment Group Ltd decreased its relevant interest in Waivcom Worldwide Limited on 19/06/2000, from 9,097,181 ordinary shares (15.2%) to 8,097,181 ordinary shares(13.5%).

MINERAL EXPLORATION (22 June 2000)

MINERAL EXPLORATION HITS SEVEN-YEAR LOW

Data released Wednesday, 21st June, from the Australian Bureau of Statistics state that Mineral Exploration in Australia has slumped to its lowest level in seven years.

Explorers spent $137 million searching for minerals in the March quarter, a figure down $40 million or 23 per cent on the December 1999 quarter.

Petroleum exploration also decreased by 29.7 per cent to $161 million.

Western Australia led with expenditure of $85 million, followed by Queensland ($17.1m), New South Wales ($12.1m) and the Northern Territory ($8.8m).

NEW HAMPTON GOLDFIELDS LIMITED (22 June 2000)

EXPLORATION RESULTS

Recent drilling at Noble 5 intersected 8 metres at 148.8 grams per tonne ("g/t") gold from 29 metres, 6 metres at 18.3 g/t gold from 43 metres and 11 metres at 9.7 g/t gold from 28 metres, which is in addition to the previous high grade intersections of 8 metres at 60.5 g/t gold from 32 metres and 10 metres at 41.8 g/t from 28 metres. The mineralisation is open along strike and at depth. Resources and reserves for this near surface high grade mineralisation will be estimated at the completion of the current drilling program. Noble is located 9 kilometres south east of Coolgardie.

NORWEST ENERGY NL (22 June 2000)

Rockfield Investments Limited changed its relevant interest in Norwest Energy NL on 06/06/2000, from 26,250,010 voting shares* (43.69%) to 26,723,060 voting shares* (40.07%).
* Fully paid to 20c

PACRIM ENERGY LIMITED (22 June 2000)

Edwin Frank Stoyle became a substantial shareholder in Pacrim Energy Limited on 09/06/2000 with a relevant interest in the issued share capital of 20,855,775 ordinary shares (10.89%).

PERSEVERANCE CORPORATION LIMITED (22 June 2000)

NOTICE OF GENERAL MEETING

Notice is hereby given that a General Meeting of the Company will be held at Arthur Andersen - Level 18, 360 Elizabeth Street, Melbourne, Victoria on 18 July, 2000 commencing at 11.00am.

SELWYN MINES (22 June 2000)

Selwyn Mines, reborn after the collapse of previous owner Australian Resources in March 1999, has closed its initial public offering of 2.5 million shares at $1 each.

The money raised will be used for working capital, and following the offer, 12 million shares were on issue.

The company resumed production at the Mt Elliott mine in late March and forecast a net profit of $965,000 on revenues of $13.9 million, equivalent to earnings per share (EPS) of 7c.

They now have a first shipment of 10,000 tonnes of copper and gold concentrate from the mine, and have sufficient reserves to feed the company's nearby plant for a minimum of three years.

The Company will begin trading on the ASX later this month.

TALON RESOURCES NL (22 June 2000)

Talon Subsidiary, Supersorb Minerals NL has commenced a programme of mine remediation trials at an overseas mine site of a major international mining company.

Following on from successful initial small scale trials that have been previously carried out, a two tonne sample of a specialised mix of activated zeolite, kaolinite and other additives have been despatched to the mining site for aerial spreading over an approximate 2 hectare trial area. The trials are aimed at regenerating growth in contaminated soils, and, if successful, could lead to a major rehabilitation contract for Supersorb at the mine site involved.

WMC LIMITED (22 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 33,985,095.

Tuesday 20th June 2000 (Close of Business)

All Ords 3106.3 +1.8
Dow Jones 10,435.16 -122.68

ASX200 3155.2 +4.1 S&P 500 1475.95 -10.05

All Resources 1237.5 -10.2 Nasdaq 4013.36 +23.53

All Mining 605.0 -2.7 Gold - spot/oz US$285.50 +0.10

All Gold 663.0 -8.1 Silver - spot/oz US$5.01 no ch

Energy 1421.1 -17.6 Platinum - spot US$567.00 +14.00

All Industrials 5437.9 +22.4 Bridge CRB Index 224.32 +1.11

FTSE 100 6526.90 +36.70 Crude Oil (NYMEX) US$30.65 +1.01

Nikkei 16,907.55 +316.20 Copper (spot $US/tonne) US$1772.0 -2.0

Hang Seng 16,086.74 -180.73 Lead (spot $US/tonne) US$419 no ch

A$ = US60.36c +0.18 Zinc (spot $US/tonne) US$1134.5 +3.5

A$ = 63.54yen -0.10 Nickel (spot $US/tonne) US$8100.0 -40.0

A$ = 0.632Euro +0.004 Aluminium (spot $US/t) US$1545.0 +10.0

US 30-Year Bond 5.896% +0.011 Tin (spot $US/tonne) US$5475.0 no ch

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

ACCLAIM URANIUM NL (21 June 2000)

Acclaim Uranium NL advise that the change of status of the Company from a "no liability" company to a company "limited by shares" has been approved.

The name of the Company is now Acclaim Uranium Limited.

ACCLAIM URANIUM NL (21 June 2000)

Missoni Investments Pty Ltd ceased to be a substantial shareholder in Acclaim Uranium Ltd.

Tied Nominees Pty Ltd ceased to be a substantial shareholder in Acclaim Uranium Ltd.

ASHTON MINING (21 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 343,196.

AUSTRALIAN GAS LIGHT COMPANY (21 June 2000)

The Australian Gas Light Company has increased by A$50 million to A$300 million its existing 15 July 2004 Medium Term Note issue.

The notes were issued under the Company's A$500 million Medium Term Note Programme and are fully fungible with the existing notes on issue. The Programme is rated A+ (Negative Outlook) by Standard & Poor's.

The issue replaces existing borrowing facilities and proceeds will be applied to general funding.

The transaction was undertaken by SG Australia Limited.

AUSTRALIAN WORLDWIDE EXPLORATION LIMITED (21 June 2000)

Commonwealth Bank of Australia, Colonial Limited became a substantial shareholder in Australian Worldwide Exploration Limited on 13/06/2000 with a relevant interest in the issued share capital of 16,591,359 ordinary shares (14.58%).

This information is based on a total number of securities of 16,591,359.

ASHANTI GOLDFIELDS COMPANY LIMITED (21 June 2000)

Ashanti Goldfields announce that it has completed the acquisition of Pioneer Goldfields Limited, the Company that owns the Teberebie mine in Ghana, from Pioneer Group for a total of US$18.8 million, and the assumption of US$8.25 million of debt in PGL's subsidiary company, Teberebie Goldfields Limited. As announced on 12 May, Ashanti has agreed with Pioneer to pay US$5 million on completion and the balance of US$13.8 million over the next five years. This acquisition increases Ashanti's ore reserves by at least 1.6 million ounces.

Ore from the Teberebie mine, which lies about three kilometres north of Ashanti's Iduapriem mine, will be hauled to Iduapriem for processing. The resulting operation will extend the life of the Iduapriem mine by at least eight years, producing over 150,000 ounces per annum at a cash operating cost of approximately US$200 per ounce. In 1999, Iduapriem produced 163,700 ounces at a cash operating cost of US$248 per ounce.

BASS STRAIT OIL TRUST (21 June 2000)

The registered office of Bass Strait Oil Management Limited has relocated to:

Level 30, Governor Phillip Tower
1 Farrer Place
Sydney NSW 2000

BROKEN HILL PROPRIETARY COMPANY LIMITED (21 June 2000)

OneSteel Limited announce that a further five Directors will be appointed to the new Company's Board being Eileen Doyle, Colin Galbraith, David Meiklejohn, Dean Pritchard and Neville Roach who will become Non-Executive Directors of the Company.

COPPER MINES AND METALS LIMITED (21 June 2000)

A General Meeting of the members of Copper Mines and Metals Ltd will be held at Level 1, The Celtic Club Inc, 48 Ord Street, West Perth, Western Australia on Friday, 21 July, 2000 at 9.00am.

ENERGY DEVELOPMENTS LIMITED (21 June 2000)

Commonwealth Bank of Australia, Colonial Ltd became a substantial shareholder in Energy Developments Limited on 13/06/2000 with a relevant interest in the issued share capital of 6,855,461 ordinary shares (7.38%).

This information is based on a total number of securities of 6,855,461.

FIRST AUSTRALIAN RESOURCES NL (21 June 2000)

Progress Report

CLEAR BRANCH FIELD, JACKSON PARISH, NORTH LOUISIANA

Location building is complete and a land rig has been mobilized to commence a 12,200 foot test of the Clear Branch Field Gas Prospect. The well is expected to have a duration of around 30 days.

The location lies on trend with significant Hosston and Cotton Valley production which blankets a portion of North Louisiana. Hunt Oil discovered the field in 1976 and has produced in excess of 55 billion cubic feet from multiple Hosston reservoirs.

Importantly, all of the gas completions within the field were natural and no infill drilling or stimulation has been applied at Clear Branch. Engineering studies suggest significant amounts of producible gas could remain within the Hosston reservoirs and be captured by wells drilled on smaller spacing. In addition the deeper Cotton Valley gives the prospect considerable upside with overall potential being in the 50 plus billion cubic foot range. The test well is designed to evaluate both objectives.

SOUTH DREW FIELD, OUACHITA PARISH, NORTH LOUISIANA

The Silmonietal #1 well, the first well in the Company's year 2000 multi prospect program in Louisiana, is currently producing around 1 million cubic feet of gas and 15 barrels of oil per day from a strandline Cotton Valley sand. Further wells are planned within the field where sub surface geology, engineering studies and modern fracturing technology support a potential target of 10 billion cubic feet of gas.

LAKE LONG PROSPECT, LAFOURCHE PARISH, SOUTH LOUISIANA

FAR has been invited to participate in the NW Segment Prospect within the Lake Long Field where FAR holds existing producing interests. A well is planned for late next quarter.

The prospect will require the drilling of a deviated well to test thirteen Miocene zones, eleven of which are productive in a major field fault block immediately south and adjacent to the NW Segment Fault Block. The southern block has produced 25 million barrels of oil.

FLETCHER CHALLENGE LIMITED (21 June 2000)

AMP Limited ceased to be a substantial shareholder in Fletcher Challenge Paper on 16/06/2000.

FLETCHER CHALLENGE LIMITED (21 June 2000)

Fletcher Challenge Energy has achieved further excellent flow test results from the Pohokura-2 well confirming the significance of the gas and condensate discovery.

The well was perforated from 3582.0 metres to 3603.0 metres along hole during the weekend and subsequently cleaned up and stabilised. The main flow period commenced at 7.45am on Monday 19 June.

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 (21 June 2000)

Frontier Petroleum (ASX: FRO) has settled the acquisition of the business interests of Receivables Management Limited and a number of associated companies in Australia and New Zealand for $A80 ($NZ100) million.

Frontier has now changed its name to RMG Limited and is expected to relist in both Australia and New Zealand within the next two weeks.

The transaction was settled by the issue of 296 million Frontier ordinary shares at a price of $A0.20 ($NZ0.25) each and the payment of $A20 ($NZ25) million in cash.

GOLD MINES OF SARDINIA LIMITED (21 June 2000)

Homestake Mining Company of California became a substantial shareholder in Gold Mines Of Sardinia Limited on 16/06/2000 with a relevant interest in the issued share capital of 17,334,396 ordinary shares (7.3%).

This information is based on a total number of securities of 17,334,396.

GREATER PACIFIC GOLD LIMITED (21 June 2000)

The company advise that the prospectus dated 23 May 2000 for the placement of 60,000,000 shares at an issue price of $0.04 each, together with 30,000,000 free attaching 31 October 2002 options exercisable at 20 cents each has been closed fully subscribed. The placement raised $2,400,000, before expenses of the issue.

HITEC ENERGY NL (21 June 2000)

Over the past two years HiTec Energy has evaluated several alternatives in the Port Hedland region for the location of the Company's proposed EMD (electrolytic manganese dioxide) plant. The preferred site has now been granted by the State Government of Western Australia as General Purpose Lease 45/265.

This lease covers an area of approximately 50 hectares and is of sufficient size to cater for the proposed plant and for future capacity expansions. It forms part of the Boodarie Industrial Estate currently being developed by the State Government.

All critical infrastructure requirements are located within one kilometre of the lease and is arguably the best location in the world for the construction of an EMD plant.

HORIZON MINING NL (21 June 2000)

Kale Capital Corporation Limited increased its relevant interest in Horizon Mining NL on 20/06/2000, from 5,351,805 ordinary shares (15.99%) to 5,721,620 ordinary shares(17.10%).

ILUKA RESOURCES LIMITED (21 June 2000)

Commonwealth Bank of Australia, Colonial Limited became a substantial shareholder in Iluka Resources Limited on 13/06/2000 with a relevant interest in the issued share capital of 13,375,093 ordinary shares (5.99%).

This information is based on a total number of securities of 13,375,093.

INTERMIN RESOURCES LIMITED (21 June 2000)

Intermin Resources resolved to make a placement of 2,165,923 ordinary fully paid shares at a price of 6 cents per share to raise $129,955.

The placement will be made to certain shareholders of Heartlink Limited. The funds raised will be used to pay for the acquisition of 5.9 million shares and 5.9 million 20 cent options in HL. Following that acquisition the Company owns 13.4 million fully paid shares in HL (70% of the issued shares) and 9.4 million options in HL (60% of the issued options).

KAGARA ZINC LIMITED (21 June 2000)

The Company advise that joint venture partner Perilya has agreed to sell them the remaining interest in the Mt Garnet zinc project.

Under the agreement Perilya will emerge with a 14% interest in Kagara and receive a payment of $2.75 million on the following terms:

* The issue to Perilya of 6.9 million fully paid ordinary shares in Kagara.

* A payment of $0.5 million on settlement.

* The issue of a secured $2.25 million Convertible Loan Note, for a term of 2 years and carrying an interest rate of 8% per annum. The Note, which can be repaid by Kagara on three days notice at any time, is convertible at Perilya's election at any time, at 35 cents per share in the first year and 30 cents per share in the second year of its term. The Note, if not converted, is redeemable in full at the end of its term.

The issue of 1.15 million of the fully paid shares forming part of the consideration and the Convertible Loan Note issue is subject to Kagara shareholder approval to be obtained on or before 30 August 2000.

In the event that shareholder approval is not obtained to the issue of shares and the Convertible Loan Note, the consideration will be increased by $0.5 million and $2.75 million will become payable within 30 days.

MASMINDO MINING CORPORATION LIMITED (21 June 2000)

Dr Salim Cassim became a substantial shareholder in Masmindo Mining Corporation Limited on 23/03/2000 with a relevant interest in the issued share capital of 5 million ordinary shares (7.14%).

This information is based on a total number of securities of 5 million.

NEWCREST MINING LIMITED (21 June 2000)

AMP Limited ceased to be a substantial shareholder in Newcrest Mining Limited on 16/06/2000.

NEW HOLLAND MINING NL (21 June 2000)

Response to ASX Query

New Holland Mining NL holds a 33.6% interest in Mount Wellington Gold NL which has ceased its exploration activities and sold its exploration assets, as reported in the Company's Report on Activities to 31 March 2000.

The Board of MWG which includes two of the Company's Directors, Messrs A Fraser and D Hill, has today approved an equal buy-back scheme to be put to MWG shareholders on Thursday 22 June 2000. If the buy-back scheme is approved New Holland proposes to accept the buy-back offer for 96% of its shareholding for a consideration of approximately $431,490.

New Holland has called a general meeting of members for Monday 26 June 2000 to consider a resolution to change the Company's type from "no liability" to "limited", thereby enabling the Company to undertake activities other than mining activities. To date no change of activities, or acquisition of new activities is planned.

The Company is not aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company.

NEWLAND RESOURCES LIMITED (21 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary fully paid shares
Number of securities to be issued
200,000
Issue price of the securities
35 cents each
Purpose of the issue
Funds raised will be used for the further development of the company's financial services businesses and for the day to day operations of the company.

NORMANDY NFM LIMITED (21 June 2000)

The Directors announce that BNP Equities (Australia) Limited has arranged the placement of 13 million fully paid ordinary shares in the Company at 12 cents each to raise $1.56 million for working capital. The shares have been placed with UK and European institutional investors and a number of Australian investors.

The placement shares will rank pari passu with all other existing ordinary shares of the company.

The Company is currently drilling a number of priority targets within various project areas in the Western Australian sector of the Tanami-Arunta Province. The placement funds will enable follow-up drill programs to be undertaken in these area during the second half of 2000 and for programs to be undertaken on various project areas located in the Northern Territory sector of the Province.

PACMIN MINING CORPORATION LIMITED (21 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 635,307.

PACRIM ENERGY LIMITED (21 June 2000)

Edwin Frank Stoyle became a substantial shareholder in Pacrim Energy Limited on 09/06/2000 with a relevant interest in the issued share capital of 20,855,775 ordinary shares (10.89%).

PERSEVERANCE CORPORATION LIMITED (21 June 2000)

NOTICE OF GENERAL MEETING

A General Meeting of the Company will be held at Arthur Andersen - Level 18, 360 Elizabeth Street, Melbourne, Victoria on 18 July, 2000 commencing at 11.00am.

PILBARA MINES LIMITED (21 June 2000)

Re: Top 20 shareholders announcement of 16/6/2000

In response to a number of queries regarding the top 20 shareholders listing, as announced to the market on the 16 June 2000, Pilbara Mine clarify as follows.

No Director of Pilbara has sold shares (PIL) or options (PILO) in Pilbara since the listing of Pilbara on the ASX on 10 January 2000.

The "Interests of Directors" as outlined on page 100 of the prospectus for Pilbara, accurately states the shareholding of Ross Smith (TraderHQ Pty Ltd) as at 14 June 2000.

The variation in the shareholding of Ross Smith (TraderHQ Pty Ltd) as at 23 December 1999 to 14 June 2000 relates to shares beneficially held by Ross Smith for seed capital investors in Pilbara, in which he had no relevant interest, which were not under escrow, and which were subsequently transferred to the relevant holder.

PILBARA MINES LIMITED (21 June 2000)

Pilbara Mines Ltd's 95% owned subsidiary, Request DSL concluded a further phase of negotiations with Cisco Systems.

The latest phase negotiations concerned the form of the relationship between the two companies going forward, including discussions about capital funding, input into Request DSL's business plan and joint marketing initiatives.

PLACER DOME INC (21 June 2000)

Further to the notice of 9 November 1999, Coffey International Ltd advises that the Statement of Claim issued by Placer Dome in the NSW Supreme Court was served on CIL and subsidiaries on 16 June 2000.

It was necessary for Placer Dome to serve the Claim by 21 June 2000 or it may have been precluded from doing so.

It is still not known whether Placer Dome will pursue the Claim through the Court.

The solicitors for Coffey and its Insurers remain confident that a claim against CIL will fail. It is the intention of CIL and its insurers to vigorously defend the actions on the basis that CIL was not a contracting party with Marcopper Mining, owned by Placer Dome, and that the operating entities properly discharged their professional duties to Marcopper Mining.

PRIMA RESOURCES LIMITED (21 June 2000)

Further to the Company's previous announcements in relation to a proposed placement and subsequent announcement that the placement had been rescinded the Company's board of directors is now in dispute as to whether resolutions dealing with the proposed placement and further resolutions to remove Mr Adi Trikarso as Managing Director were valid resolutions and passed by proper majority of the Board given the use of my casting vote as Chairman.

The dispute is the subject of a hearing in the Supreme Court of Western Australia scheduled for this Wednesday, 21 June 2000 at 9.00am. Any resolutions passed by the board regarding placements or removal of Mr Adi Trikarso as Managing Director have been stayed pending the outcome of the Supreme Court hearing.

The Company will advise the market of the outcome of the hearing and the Court's decision as soon as practicable following the Court's determination.

RANGER MINERALS LIMITED (21 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 1,263,184.

RIO TINTO LIMITED (21 June 2000)

Tinto Holdings Australia Pty Ltd decreased its relevant interest in Rio Tinto Limited on 19/06/2000, from 278,439,520 ordinary shares (47.39%) to 187,439,520 ordinary shares(37.65%).

RIO TINTO LIMITED (21 June 2000)

As announced on 19 June 2000, Rio Tinto Limited purchased, off market for cancellation, 91,000,000 shares in Rio Tinto Limited from Tinto Holdings Australia Pty Limited.

For the information of the market, these shares will be cancelled on Wednesday, 21 June 2000.

SANTOS LIMITED (21 June 2000)

Santos Ltd announce that Mr Stephen Gerlach has been appointed Deputy Chairman of the Board.

This appointment follows the announcement made on 5 May 2000, by Mr John Uhrig AC that he would be retiring as Chairman of the Board at the conclusion of the Company's Annual General Meeting in May 2001. It is intended that Mr Gerlach will succeed Mr Uhrig as Chairman of the Board at that time.

Mr John McArdle, Executive General Manager - Commercial and an Executive Director, has expressed his intention to retire from the Company on reaching 55 years of age in July 2001. Mr McArdle joined Santos in 1982 following a 15 year career with Santos' Cooper Basin joint venture associate, Delhi Petroleum Pty Ltd.

TAP OIL NL (21 June 2000)

Tap Oil NL provides the following update on Tanami-4 and Tanami-5 appraisal wells which spudded on 8 June 2000 and 9 June 2000 respectively.

LOCATION

The wells are located in TL/6, 2 kilometres south of Varanus Island at latitude 20 deg 40'25.08"S and longitude 115 deg 35'02.40"E.

PROGRESS

TANAMI-4
As at 10.30am this morning, Tanami-4 has drilled ahead to 2,100 metres measured depth. MWD (Measured While Drilling) logs indicate a gross hydrocarbon column of 18 metres within the Flag sandstone interval at a depth of 2,012 metres measured depth, being approximately 9 metres higher than the top of the Flag sandstone in the currently producing Tanami-1 oil well.

TANAMI-5
Tanami-5 has drilled ahead to its total depth of 2,114 metres measured depth. The Top Flag reservoir sandstones were encountered at 2,054 metres measured depth (1,881.8 metres true vertical depth), approximately 28 metres low to prognosis. MWD logging indicates the reservoir sands to contain no hydrocarbons. This well has been suspended as a possible future water injection well.

FORWARD PROGRAMME
Logging of Tanami-4 will be completed. Pressure data and fluid samples will be obtained by wireline to confirm the nature of the hydrocarbons. Should the sampling programme demonstrate an oil accumulation, development will be immediately evaluated.

TAP OIL NL (21 June 2000)

Tap Oil NL provides the following update on the Corkybark-l appraisal well which spudded on 10 June 2000.

LOCATION

The well is located in the offshore permit WA-234-P at latitude 20 deg 53'38.80"S and longitude 114 deg 58'20.33"E.

PROGRESS

Due to drilling difficulties, Corkybark-1 was respudded as Corkybark-1A on 13 June 2000.

As at 8.30am today, the well has drilled ahead to 1,400 metres measured depth and will continue to drill ahead to the planned total depth of 2,800 metres measured depth.

TAP COMMENT

The Corkybark-lA well is designed to evaluate potential reserves in an independent anticlinal structure situated approximately 5 kilometres to the east north east of the Woollybutt Oil Field. The well will target the Upper Barrow group sandstone reservoir.

The well is expected to take a further 15 days to reach its projected total depth of 2,800 metres measured depth. Should it be successful, mean reserves are estimated at 20mmbbls.

VICTORIA PETROLEUM NL (21 June 2000)

RESPONSE TO ASX PRICE QUERY

There are no matters of importance concerning the Company about to be announced to security holders and/or the market.
The Directors are not aware of any information concerning it that has not been announced, which, if known, could explain the, recent trading in the Company's securities.
Victoria Petroleum NL currently holds leaseholds in the Pipeline Prospect within the EKHO Prospect located in the San Joaquin Basin, California, USA, where the EKHO-1 well is being tested.
Notwithstanding that it has no direct equity in the well itself, Victoria Petroleum has been releasing information on the progress of this well when released by the EKHO Project consortium. The last announcement was made on 6 June 2000 when the consortium announced that it has commenced production testing of EKHO-1.
The only explanation the company has in respect to the price change and increase in volume of its shares is market speculation in relation to the outcome of the production testing of EKHO-1 and the possible effect this may have on the Company's leasehold interest within the Pipeline/EKHO Prospect.
The company confirms that it is in compliance with the Listing Rules and in particular Listing Rule 3.1.

WMC LIMITED (21 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 34,685,095.

Monday 19th June 2000 (Close of Business)

All Ords 3104.5 +7.6
Dow Jones 10,557.84 +108.54

ASX200 3151.1 +10.3 S&P 500 1486.00 +21.54

All Resources 1247.8 -9.4 Nasdaq 3989.83 +129.27

All Mining 607.7 -0.4 Gold - spot/oz US$285.40 -3.20

All Gold 671.0 -6.6 Silver - spot/oz US$5.01 -0.05

Energy 1438.7 -1.7 Platinum - spot US$553.00 +15.00

All Industrials 5437.9 +22.4 Bridge CRB Index 223.21 -0.31

FTSE 100 6490.20 -35.80 Crude Oil (NYMEX) US$29.64 -0.38

Nikkei 16,591.35 +274.04 Copper (spot $US/tonne) US$1783 +12.5

Hang Seng 16,267.47 -166.91 Lead (spot $US/tonne) US$419 +2.0

A$ = US60.18c -0.55 Zinc (spot $US/tonne) US$1133.0 +5.0

A$ = 63.64yen -0.90 Nickel (spot $US/tonne) US$8230 +205.0

A$ = 0.628Euro -0.002 Aluminium (spot $US/t) US$1561 +10.0

US 30-Year Bond 5.885% +0.010 Tin (spot $US/tonne) US$5467.5 -2.5

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

AMADEUS PETROLEUM NL (20 June 2000)

RESPONSE TO ASX QUERY

The Company is not aware of any information concerning it that has not been announced, which, if known, could be an explanation for recent trading in the securities of the Company.

Other reasons for the increase in the share price could include the recent article that appeared in the Shares magazine. I draw your attention to this article entitled - 'Amadeus outdraws the Texans'. This article was written independently of the Company and was not commissioned by the Company. Amadeus was also the subject of favourable write-up in last week's Quentin Cameron's Oil and Gas Bulletin.

AQUARIUS PLATINUM LIMITED (20 June 2000)

OPTIMISATION STUDY ENHANCES MARIKANA PROJECT - NPV INCREASED TO US$94M

* Open pit mining scheduled to commence in first half of calendar 2001 with underground operations to commence later in the project life.

* Average annual production from Marikana budgeted to contribute 160,000oz of PGMs and US$72.2m of gross revenue.

* Using conservative metal prices, the post tax NPV at a discount rate of 10% is US$93.8m whilst the post tax IRR is 40.5%.

* PGM concentrate will be sold to Impala Refinery Services.

ASHTON MINING (20 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 459,181.

AUSTRALIAN INTERNATIONAL CARBON LIMITED (20 June 2000)

The Prospectus is now available for the pro rata non-renounceable rights issue to Shareholders of:

* one (1) Share (at 6 cents each) for every five (5) Shares held by Shareholders at the Record Date; and
* one (1) Option (without further consideration) for every two (2) Shares subscribed for under this Prospectus.

BeMaX Resources NL (20 June 2000)

BeMaX RESOURCES NL/ BASIN MINERALS NL JOINT VENTURE OUTLINES SIGNIFICANT RESOURCE POTENTIAL AT YABBIE - SHAMROCK

In the Murray Basin, BeMaX Resources N.L. is earning up to 70% interest in EL 5532 and EL 5578, located to the south east and contiguous to EL5474, which contains the large Ginkgo mineral sand deposit.

Highlights

Recent drilling yields thick intersections of medium grade heavy mineral sand mineralisation.
Dimensions of the Yabbie-Shamrock system revealed by drilling to date, suggest a possible target size of at least 100 million tonnes at approximately 2.0% heavy mineral.
Yabbie extends over 10kms and Shamrock over 6.5kms with a combined width of 2.8km and thickness of mineralisation ranging from 21 to 48m.
Mineralogy indicates the heavy minerals contain very high rutile and altered ilmenite contents, up to 87% combined. This indicates a potentially high value heavy mineral concentrate.
Valuable zircon also constitutes from 6.2 to 16.8% of the heavy minerals.
Development potential of the region encompassing the Ginkgo, Yabbie, Shamrock, and associated strand line systems, is further enhanced.

For further information, click here

BeMaX Resources NL (20 June 2000)

Samuel Capital Limited changed its relevant interest in BeMax Resources NL on 01/06/2000, from 4,019,290 ordinary shares (10.42%) to 4,019,290 ordinary shares(7.74%).

For company information, click here

BROKEN HILL PROPRIETARY COMPANY LIMITED (20 June 2000)

BHP has chosen 55 Grenfell Street in Adelaide's CBD as the site for its Shared Services Centre to support BHP in Australia and the Asia-Pacific region.

In line with the previously announced timetable for the Centre's establishment, staff will begin moving into the building in October.

BROKEN HILL PROPRIETARY COMPANY LIMITED (20 June 2000)

BHP advise that wholly-owned subsidiary, BHP Petroleum (Trinidad) Ltd., has made a second natural gas discovery with its second exploration well in the Block 2(c) Production Sharing Contract area, offshore Trinidad.

BHP Petroleum is the operator and holds 45per cent working interest in Block 2(c). Elf Petroleum Trinidad B.V. (30%) and Talisman (Trinidad) Ltd. (25%) are the other participants.

The Aripo-1 exploration well is located 40 kilometres off Trinidad's east coast in approximately 30 metres of water. The well commenced drilling on 4 May 2000 and encountered natural gas in a similar section to that successfully tested in the first exploration well, Angostura-1. A cased hole test was conducted and the well flowed natural gas at a stabilized rate of 21.6 million standard cubic feet per day on a 44/64th inch choke. The maximum rate flow test was 46.3 million standard cubic feet per day on a 80/64th inch choke.

Forward plans for Block 2(c) will be determined after information obtained from the well is evaluated, which will include assessing the cumulative impact of the Aripo-1 discovery with the previously announced (14 May 1999) Angostura-1 well (30 million standard cubic feet per day on a 56/64 inch choke). Angostura-1 is also located in Block 2(c), 4 kilometres to the southwest of Aripo-1.

BHP will drill another exploration well in adjacent Block 2(ab) which is held by BHP Petroleum (operator, 50%) and Talisman (Trinidad) Holdings Ltd. (50%). Operations will commence later this year.

Blocks 2(c) and 2(ab) were acquired in 1996 and are included in BHP's gas strategy. The area is a proven hydrocarbon province and, in addition to a local gas market based on petrochemical manufacturing, there are established liquefied natural gas facilities exporting gas to eastern US markets.

CAMBRIAN RESOURCES LIMITED (20 June 2000)

Softbridge Pty Ltd and Bluzeal Pty Ltd became a substantial shareholder in Cambrian Resources Limited on 14/02/2000 with a relevant interest in the issued share capital of 8,900,000 ordinary shares (14.54%), based on a total number of securities of 8,900,000..

Abacus Resources Pty Ltd/Durak Pty Ltd became substantial shareholders in Cambrian Resources Limited on 14/02/2000 with a relevant interest in the issued share capital of 3,600,000 ordinary shares (5.88%).

CENTAMIN EGYPT LIMITED (20 June 2000)

Centamin Egypt Limited announce that shareholders approved the following resolutions at a General Meeting held 19 June 2000:-

the cancellation of 15,000,000 issued ordinary shares in the Company held by Pharaoh Gold Mines NL for no consideration and that any director of the Company be authorised to provide a certificate or do any act or sign any document on behalf of the Company as to any matter relevant to this reduction of capital.
ratify the issue of 28,538,589 fully paid shares in the Company issued at 11 cents per share, paid in full on application on: 1st Tranche - 4th January 2000 and 2nd Tranche - 9th March 2000 to applicants as set out in the schedules below, which raised the sum of $3,139,244 for working capital of the Company.

COOLGARDIE GOLD NL (20 June 2000)

Coolgardie Gold announce that the Company has signed an option agreement to purchase 52.5% equity in Efixit Limited (Efixit).

Efixit plans to build a Web Portal that will use the power of the Internet to develop a nationwide "community" of users who require the help of tradespeople.

DELTA GOLD LIMITED (20 June 2000)

President Mugabe corrected international press reports on Thursday, 15 June 2000 concerning the Zimbabwe Government's policy on foreign ownership of mines in Zimbabwe. He was quoted in the State-controlled Zimbabwe Herald newspaper on Saturday, 17 June 2000 as follows:

"I was misquoted by the international press. I did not say we were going to take the gold mines. I never said so. I said we shall pursue the policy of empowerment and indigenisation with vigour. That means we want to see more of our people entering manufacturing, mining and commerce. There won't be any seizure, never ever of gold mines, but what we would pursue is the policy of empowerment and get our multi-national companies to open up to some of the black entrepreneurs. That is what I said. That is the policy."

FRASER RANGE HOLDINGS LIMITED (20 June 2000)

Fraser Range Holdings advise that the Company and its wholly owned subsidiary Maritana Mining NL have entered into an agreement to sell building stone quarry assets on the Southern Hills Pastoral Station south of Norseman in Western Australia.

The assets to be sold consist of the Southern Hills Station Pastoral Lease together with the mining tenements and associated plant and equipment located thereon.

FRONTIER PETROLEUM NL (20 June 2000)

Frontier Petroleum Limited advise that in accordance with the resolution of members passed at the Annual General Meeting held on 11th May 2000 the company has proceeded to change its status from an NL company to a public company Limited by shares. Accordingly the company has changed its name to FRONTIER PETROLEUM LIMITED.

GOLD AND RESOURCE DEVELOPMENTS NL (20 June 2000)

Gold and Resource Developments NL (GRD) announce the appointment of Mr Dario Amara as Managing Director of the Group's construction and engineering subsidiary Kirfield Engineering and Construction Pty Ltd, to be renamed GRD Kirfield Ltd.

KIMBERLEY DIAMOND COMPANY NL (20 June 2000)

Kimberley Diamond Company NL clarify the situation with regard to Rights Trading.

1. There are 9,139,884 Rights.
2. Each Right is exercisable at 40 cents and will entitle the Right's holder to:
- 2 ordinary fully paid shares; plus
- 1 ordinary contributing share with $0.275 to pay not before 29 March 2002; plus
- 1 option exercisable at $1.30 on or before 4 August 2003.
3. If all Rights are taken up, this will result in the issue of;
- 18,279,769 ordinary shares;
- 9,139,884 contributing shares; and
- 9,139,884 options.

The Prospectus and Entitlement Forms will be posted to all eligible shareholders on 21 June 2000.

LAKES OIL NL (20 June 2000)

NORTH SEASPRAY-3

Lakes Oil advise that as at 6 am this morning the North Seaspray-3 was at total depth of 1170 metres

During the last 48 hours air drilling was terminated, and the hole converted to mud before drilling ahead to its planned total depth. Wireline logs were run which revealed much of the hole was well oversize, as well as a considerable accumulation of formation debris beneath the 7 inch casing shoe. Because of these factors it became apparent that further testing of the gas sands was unlikely to be successful. However a drill stem test was run, and a much reduced flow of gas, measured at 22 thousand cubic feet per day, was recorded at surface. In view of these results the well has been temporarily suspended.

While Lakes Oil is disappointed by the reduced flow rate, the fact that gas flowed to surface at all is regarded as significant in view of the hole conditions.

For further information, click here

MACMIN N.L (20 June 2000)

The drilling program completed at the proposed Twin Hills Mine, Texas Project, Queensland has defined additional mineralisation both within the proposed open pit and to the south of the proposed pit. Updating of ore reserves by independent mining consultants will commence this week with new ore reserve figures likely to be available in mid July.

For further information, click here

MACMIN N.L (20 June 2000)

Some twin hills drill hole intersections - APRIL/MAY PROGRAM 2000

For further information, click here

MINERALS CORPORATION LIMITED (20 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary shares
Number of securities to be issued
2,000,000
Issue price of the securities
25 cents
Purpose of the issue
For working capital

Mount Burgess Gold Mining Company (20 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 4,415,485.

Mount Burgess Gold Mining Company (20 June 2000)

PRESENTATION TO THE WORLD DIAMOND CONFERENCE
TORONTO – 19 JUNE 2000
By Mr J.J. Moore, Director Operations, Namibia

TSUMKWE PROJECT AREA - NAMIBIA

Despite the discovery of numerous kimberlites in Namibia, most notably in the Gibeon province, no primary diamond production from host kimberlites occurs in the country.

The potential to find economic diamond host rocks, which could account for some of the diamonds found offshore from Namibia, has led Mount Burgess into the country.

Our area of interest, the Tsumkwe project area, is located in northeast Namibia, in the Kalahari region commonly referred to as "Bushmanland".

The aim of my address this afternoon is to firstly introduce Mount Burgess from a corporate point of view, cover a little of the background as
to how and why the Company became involved with a project in Africa and then outline the exploration strategies in place and the results of our exploration work so far.

For full presentation, click here

OROGEN MINERALS LIMITED (20 June 2000)

AMP Limited increased its relevant interest in Orogen Minerals Limited on 15/06/2000, from 16,358,195 ordinary shares (5.09%) to 19,790,998 ordinary shares (6.16%).

PACMIN MINING CORPORATION (20 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 640,107.

PANCONTINENTAL OIL & GAS NL (20 June 2000)

Pancontinental Oil & Gas NL advise that all resolutions as per the notice of meeting were passed on a show of hands at the general meeting of shareholders held Monday, 19 June.

PETSEC ENERGY LIMITED (20 June 2000)

The securities of Petsec Energy Limited 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 Wednesday 21 June 2000 or when the announcement is released to the market.

Security Code: PSA

PETSEC ENERGY LIMITED (20 June 2000)

Petsec Energy Ltd announce that its wholly owned USA subsidiary, Petsec Energy Inc, reached agreement with the unsecured creditors committee to sell Petsec Energy Inc or all of its assets. The unsecured creditors committee was appointed following the Chapter 11 filing by Petsec Energy Inc on April 13, 2000. Subject to approval by the Bankruptcy Court presiding over Petsec Energy Inc's Chapter 11 proceedings, Houlihan Lokey Howard & Zukin Capital, LP will be managing the divestiture process for Petsec Energy Inc and the unsecured creditors committee.

QUADRANT AUSTRALIA NL (20 June 2000)

Quadrant previously announced that its subsidiary Bandwidth International Pty Ltd had acquired access rights to the proposed Project Oxygen global fibre optic cable network, subject to Project Oxygen securing financial closing for implementation.

A Bandwidth executive has met with executives of Project Oxygen in New York, and indications are that delays are being experienced in the funding of the project. Bandwidth has ceased all activities and expenditure on this venture until financial closing is announced by Project Oxygen.

RIO TINTO LIMITED (20 June 2000)

The takeover offer by Rio Tinto Limited for shares in Comalco Limited closed on 5 June 2000.

Tinto Holdings Australia Pty Ltd

87,439,520 shares
37.6%

RIO TINTO LIMITED (20 June 2000)

Selective Share Buy-Back Notice - continued; the remaining number of shares proposed to be bought back is 91,000,000.

RIO TINTO LIMITED (20 June 2000)

Rio Tinto Limited advise that on 16 June 2000 Rio Tinto plc purchased, on market for cancellation, 1,000,000 ordinary shares in Rio Tinto plc at an average price of GBP10.41 per share.

ROC OIL COMPANY LIMITED (20 June 2000)

Commonwealth Bank of Australia & Colonial Limited became a substantial shareholder in Roc Oil Company Limited on 13/06/2000 with a relevant interest in the issued share capital of 18,638,488 ordinary shares (17.58%).

This information is based on a total number of securities of 18,638,488.

SONS OF GWALIA LIMITED (20 June 2000)

Commonwealth Bank of Australia, Colonial Ltd became a substantial shareholder in Sons of Gwalia Limited on 13/06/2000 with a relevant interest in the issued share capital of 22,689,984 ordinary shares (19.50%).

This information is based on a total number of securities of 22,689,984.

SIPA RESOURCES INTERNATIONAL NL (20 June 2000)

Progress Report - Letter to Shareholders

* By 30 June 2000 we will have paid off the $9.5 million development loan for our 65% owned Mount Olympus Goldmine, now expect to generate about $15 million over the next 18 to 24 months and should have no need to go to the market for funds in the foreseeable future.

* We have a very exciting exploration venture targeted at finding world-class basemetal and gold deposits, exclusively utilising Rio Tinto Exploration Pty Limited's historical Australian geochemical-mineralogical database, combined with the world-leading geoscientific abilities of Alfred Eggo's EL Gaia Holdings Pty Ltd. This exploration project is the Sipa-Gaia Joint Venture.

* Sipa has proven field exploration abilities and can claim the discovery of two new mineral provinces in Australia in the last 10 years - the Panorama Zinc-Copper Province and the Ashburton Gold Province.

STIRLING RESOURCES NL (20 June 2000)

Following are developments relating to the company:

Formationof joint venture entity with Kerridge Computer Company to buy the business and assets of Systime Australia Pty Limited
Execution of Autosell agreement with Kerridge

WESTERN METALS LIMITED (20 June 2000)

Mercantile Mutual Holdings Limited ceased to be a substantial shareholder in Western Metals Limited on 05/06/2000.

WMC LIMITED (20 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 34,885,095.

ZYLOTECH LIMITED (20 June 2000)

Zylotech advise that Mr Sydney JP Borg has been appointed a Director of the Company.

Mr Borg is the Principal of PCS Australia Pty Ltd, a systems integration company facilitating networks in the corporate and government areas.

Acclaim Uranium NL / Acclaim Exploration (17 June 2000)

Acclaim Uranium NL has received notice from the ASIC that the change of status of the Company from a "no liability" company to a company "limited by shares" has been approved.
The name of the Company is now ACCLAIM URANIUM LIMITED.

ADMIRALTY RESOURCES NL (17 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary shares
Number of securities to be issued
7,702,703
Issue price of the securities
5,000,000 shares at deemed issue price of 20 cents per share
2,702,703 shares issued at 3.7 cents per share
Purpose of the issue
5,000,000 shares issued pursuant to resolution 4 of the general meeting of shareholders of 15/05/2000 in consideration for the acquisition by the company of the Browns Reef Project. 2,702,703 shares issued at 3.7 cents per share in lieu of the company paying $100,000 cash pursuant to resolution 4 of the general meeting of 15/05/2000.

ADMIRALTY RESOURCES NL (17 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Fully paid ordinary shares
Number of securities to be issued
23,000,000
Issue price of the securities
Deemed issue price of 20 cents per share
Purpose of the issue
Issued pursuant to resolutions 1 of the general meeting of shareholders of 15/05/2000 in consideration for the transfer to the company of 100% of the shares in Argentina Diamonds Ltd.

Alkane Exploration (17 June 2000)

Pursuant to renounceable rights issue and prospectus dated 11 April 2000, a total of 6,506,553 entitlements have been accepted. A shortfall of 11,894,606 shares remains and may be placed at the discretion of the Directors.

ALLSTATE EXPLORATIONS NL (17 June 2000)

Allstate has determined to make a further capital raising. Shareholders will be offered the opportunity to participate, by way of a 1 for 20 renounceable rights issue, in initially raising new equity of approximately $1.41 million.

For each 20 shares held, share holders will have the right to subscribe for 1 new fully paid share at $0.40, with an attaching Bonus Option exercisable until 15 June 2001 at 50 cents for a fully paid share.

Proceeds of the issue will be used primarily to meet cost overruns and the effect of delays in production associated with the Beaconsfield mine project commissioning delays. Allstate expects to finalise and lodge a prospectus for the new issue with the ASIC and ASX by Monday, 19 June 2000.

Amalgated Resources (17 June 2000)

Commonwealth Bank of Australia and Colonial Limited became a substantial shareholder in Amalgamated Resources on 13/06/2000 with a relevant interest in the issued share capital of 10,158,082 ordinary shares (7.93%).

ARC ENERGY NL (17 June 2000)

TIMOR SEA SUCCESS

The current multi-rig Timor Sea drilling program resulted in three recent exploration successes, two of which involve small listed Australian companies.

The participation of listed Australian petroleum companies in the Puffin 5 oil discovery and the Prometheus 1 gas discovery has highlighted the potential of this very prospective area as shown on the attached map.

Of particular significance to ARC in relation to these recent discoveries is the Crux-1 gas/condensate discovery close to AC/P27. ARC and its 50/50 joint venture participant in AC/P27, Flare Petroleum (a subsidiary of CDNX listed Daytona Energy Corporation), believe that Crux-1 has significantly upgraded the prospectivity of AC/P27.

CRUX-1 DISCOVERY

Crux-1 was drilled by Nippon Mitsubishi Oil as operator, to a total depth of 3950 metres in permit AC/P23, fifteen kilometres from AC/P27.

As announced by Nippon Oil on 25 May, the well was tested at a combined rate of 65.5 million cubic feet of gas per day and 1,921 barrels of 52deg API condensate a day from a gross pay column of 280 metres. The well has now been plugged and abandoned pending assessment of the commerciality of the discovery.

ARC's technical review of the geophysical data over the structure suggests that it could hold recoverable reserves of up to 1.5 TCF of gas and 50 mmbbls of condensate. However, industry sources suggest reserves could be significantly higher than this. Further technical details in relation to the Crux-1 well and its relationship to AC/P27 are available on ARC's website.

AC/P27
The Crux discovery lies adjacent to AC/P27 which contains the large Sleeper prospect. The Sleeper prospect has the potential to hold in excess of 300 million barrels of recoverable oil if hydrocarbons are present. The Crux-1 discovery has established a proven hydrocarbon migration pathway directly into the Sleeper prospect with the large size and shallow depth of Sleeper making it a very attractive target.

ARC and Flare are in discussion with a number of parties in relation to their participation in the drilling of a well on the Sleeper prospect in late 2000.

ANZOIL NL (17 June 2000)

The Board of Directors of Anzoil NL announced the appointment of Mr Frank Jacobs as Chief Executive Officer of the Company with effect of 1 June 2000.

Ashton Mining (17 June 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back is 519,064

BHP (17 June 2000)

BHP announced details of the Portfolio Leadership Team (PLT) for BHP Petroleum. The BHP Petroleum PLT is a further step in establishing a BHP portfolio management structure, and follows on from the Company's announcement of the BHP Minerals PLT in April.
The new model includes a six member PLT which replaces the existing eight person Petroleum Executive Committee.
The BHP Petroleum PLT will be responsible for managing the portfolio and governing the organisation with a clear and consistent strategic focus. Unlike the existing Petroleum Executive Committee, the PLT is based upon key stages of the value creation and value delivery stages of the business. Four members of the BHP Petroleum PLT have been appointed, with the remaining two positions to be filled in due course:

* President BHP Petroleum: Philip Aiken
* President Integrated Business Development: Mike Weill
* President Deepwater, Discovery & Appraisal: TBA
* President Project Development & Operations: Keith Hunter
* Vice President Finance & Strategic Planning: TBA

BHP Chief Financial Officer Chip Goodyear will also be a member of the BHP Petroleum PLT. The involvement of Policy Committee members of business unit PLTs will be rotated every year.

BOULDER STEEL LIMITED (17 June 2000)

Encouraging Assay Results from Stillwater Montana

Idaho Consolidated Metals Corp announce it has received the first of a series of platinum group metal (PGM) assays on samples recently submitted from Idaho Consolidated properties in the Stillwater Complex.

The highest-grade assay came from a shallow 110-foot hole, the last two feet of which graded 19.66 grams per ton of combined platinum (Pt), palladium (Pd) and rhodium (Rh). Idaho Consolidated's geologist described the two-foot interval entered at 108 feet below surface as a "pegmatoidal zone" with chromite blebs. The hole was drilled in 1985, apparently for assessment work, by Anaconda Corp. The core was not split for assaying. This sample is the first of the previously drilled core samples sent to the lab from the Company joint-venture property with Chrome Corp.

CITYVIEW ENERGY CORPORATION LIMITED (17 June 2000)

This company issued a total of 2,000,000 options under the Employee Share Scheme which was adopted and approved at the company's annual general meeting on 31 May 2000.

The options expire on 14 June 2001 (being 12 months from the date of issue) and are exercisable at $0.80.

All the shares arising from the exercise of options will rank equally in all respects (including participation in dividends) with the existing issued shares of the company and application for official quotation will be made for those shares following their allotment.

CRATON RESOURCES NL (17 June 2000)

A General Meeting of Craton Resources NL will be held on Wednesday, 26th July, 2000 at 10.00 am, at Level 1, 40 Kings Park Road, West, Perth, Western Australia.
BUSINESS:
1. CHANGE OF STATUS - to a company limited by shares.
2. CHANGE OF NAME - to change the name of Craton Resources NL to Basin Minerals Limited.
3. CONSTITUTION
4. ISSUES OF OPTIONS TO DIRECTORS

DELTA GOLD LIMITED / PLATSEARCH (17 June 2000)

PlatSearch signed a joint venture agreement with Delta Gold Exploration Pty Ltd, a subsidiary of Delta Gold Limited, whereby Delta can farm in to PlatSearch's Kalabity Project EL 2671 located in the Curnamona Craton region, approximately 35 kilometres north from Olary. The tenement is currently held by PlatSearch 80% and Eaglehawk Geological Consultants Pty Ltd 20%.
Delta can earn a 75% interest in the tenement by completed expenditure of $500,000. This expenditure includes a commitment to complete a programme of RAB drilling over two selected magnetic anomaly targets within the first 12 months. Further, Delta must complete 500 metres percussion or diamond drilling within the first 18 months to stay in the joint venture. When Delta has earned a 75% interest, PlatSearch and Eaglehawk can contribute or convert their respective 20% and 5% interests to net smelter royalty interests.

DELTA GOLD LIMITED (17 June 2000)

To clarify the situation following the suspension of operations at Delta Gold's Gold Ridge mine in Solomon Islands last week:

Prior to the evacuation of personnel from Gold Ridge on Thursday, 8 June 2000, equipment at the mine site was decommissioned in an orderly manner, and made safe and secure, with mining equipment immobilised and, where applicable, fixed equipment, disabled.

Delta's objective is to resume operations at Gold Ridge, but it will only do so in circumstances where the safety of its employees and contractors is assured and where access between Honiara and the mine site is reliable and safe.

Golden State Resources (17 June 2000)

In mid-March 2000, the Company announced the formation of Ezyimage Limited, a Corporate Joint Venture with leading international software developer Earth Resource Mapping Limited to exploit their revolutionary Internet technologies - Image Web Server and Enhanced Compression Wavelet (ECW).
Since the recent launch of the Image Web Server technology Earth Resource Mapping has had strong interest from government bodies, and has sold copies to CSIRO and others.
The prospectus for the planned Ezyimage float is well advanced. The Company's preference is to coincide listing Ezyimage on the Australian Stock Exchange with or near the time of the Sydney Olympics, or in the fourth quarter of 2000. Discussions with brokers are underway.

GTN Resources (17 June 2000)

Abex Resources Australia P/L became a substantial shareholder in Gtn Resources Limited on 08/06/2000 with a relevant interest in the issued share capital of 5,968,023 ordinary shares (30.3%).

MEM Consultants Pty Limited became a substantial shareholder in Gtn Resources Limited on 08/06/2000 with a relevant interest in the issued share capital of 5,988,023 ordinary shares (30.4%).

Chrysalis Investments Pty Limited became a substantial shareholder in Gtn Resources Limited on 08/06/2000 with a relevant interest in the issued share capital of 5,868,023 ordinary shares (30.3%).

Hillcrest Resources (17 June 2000)

RESPONSE TO ASX QUERY
Hillcrest is not aware of any information concerning the Company which, had it been available to the market, might reasonably be regarded as an explanation for recent trading in the securities of the Company.

ICON OIL NL (17 June 2000)

Icon Oil NL announces that it has issued 2,500,000 ordinary securities at 10 cents each by way of a placement to-day. The funds are to be applied to working capital.

Icon’s production investment in Bayou Choctaw, Louisiana, USA is proceeding on schedule with drilling due to commence early in the second half of this year as planned. Prices for Henry-Hub gas in Louisiana have reached record levels of around $A 7.00 (three times the price in Australia) and these prices are likely to increase even further coming into next winter. Gas futures trading is forecast at these price levels into June next year. US gas prices usually retreat at this time of the year but are running high by about $A4.00 per MCF. Since the oil price crisis in 1998 drilling activity for gas and oil has not recovered to sufficient levels to meet demand and the supply of gas in the US at this point is uncertain. Icon’s main targets in Louisiana are primarily for gas.

For further information, click here

ICON OIL NL (17 June 2000)

NEW ISSUE ANNOUNCEMENT

Class of securities to be issued
Ordinary
Number of securities to be issued
2,500,000
Issue price of the securities
10 cents each
Purpose of the issue
Working Capital

For further information, click here

LAKES OIL NL (17 June 2000)

NORTH SEASPRAY-3

Lakes Oil advises that as at 6 a.m. this morning the North Seaspray-3 well was at a depth of 1155 metres.

During the previous 24 hours the well encountered gas in the target zone between 1135 metres and 1155 metres, with a flow of gas measured at 150 thousand cubic feet per day, including hydrocarbons within the range C1 to C5. Difficulties are now being experienced in the hole, and it has been decided to cease air drilling, return to conventional mud drilling, drill to the programmed total depth, then run wireline logs and look at the possibility of increasing the flow rate, which will involve further testing.

For further information, click here

LAKES OIL NL (17 June 2000)

Cosmos Gem Ltd changed its relevant interest in Lakes Oil NL on 13/06/2000 as follows: from 0 ordinary shares to 58 million shares. For further information, click here

MARLBOROUGH RESOURCES NL (17 June 2000)

TERMS OF SALE FOR PUBLIC AUCTION OF FORFEITED SHARES IN MARLBOROUGH RESOURCES NL

Level 2, Conference Room
Exchange Plaza, 2 The Esplanade, Perth
Wednesday, 21 June 2000 at 9.30 am

Public Auction of 3,600,000 contributing shares due to non-payment of a call. The shares will be auctioned as fully paid up ordinary shares. A reserve price has been set.

Oil Search (17 June 2000)

AMP Limited ceased to be a substantial shareholder in Oil Search Limited on 14/06/2000.

Pacrim Energy (17 June 2000)

On 12 April 2000, Pacrim announced to the ASX that it had entered into a memorandum of understanding with a member company of the Gold Coast-based Neumann Group, which contemplated Pacrim earning up to 49% equity in certain technology and patents.
The terms of the memorandum of understanding required certain approvals by Pacrim shareholders which were detailed in the notice of annual general meeting and were overwhelmingly supported by shareholders at the meeting on 30 May 2000.
The joint venture agreement is in the final stages of negotiation and is expected to be executed in the next 7 days, after which the initial requirements of the transaction will actioned, including the issue of 11.5 million fully paid Pacrim shares @ 10c each (A$1.15 million) and a further payment of A$450,000 cash (in addition to $200,000 cash already paid) which will satisfy A$1.8 million of the $4 million required to perfect our 49% equity in the project.

Pilbara Mines (17 June 2000)

On 14 June 2000 the ASX requested Pilbara Mines Limited place a trading halt on its securities in order to allow ASX and the Company to consider the application of Listing Rule 11 to the operations of the Company in light of the announcement by the Company of its intention to acquire a further 15% interest in its subsidiary Request DSL Pty Limited ("RDSL").
As a result of those considerations the Company has been requested to clarify the amount and timing of its investment in RDSL as follows:

1. On 9 February 2000 the Company announced its intention to acquire an initial 80% interest in RDSL for consideration of $500,000;

2. On 15 March 2000 the Company raised further funds to provide for further working capital that may be required by RDSL in the future. These funds have not as yet been required nor provided to RDSL;

3. On 13 June 2000 the Company announced to ASX that it would acquire a further 15% interest it RDSL for consideration of $2.35 million.This amount will include the amount of $1.8 million previously raised by the Company on 15 March 2000 and is not in addition to this amount;

4. The total investment by the Company in RDSL after completion of the acquisition of a further 15% interest will be $2.85 million;

5. After the investment in RDSL the Company will have cash reserves of approximately $2.575 million excluding the bond of $415,000 lodged by the Company with the Mines Department.

The Company has been informed by the ASX, that, on the basis of the above, Listing Rule 11 does not apply and that the trading halt is to be lifted.

The Company has no plans and has made no commitments to invest any further monies in RDSL at this stage. In the event that the Company invests further monies in RDSL or any other non-mining activity, whilst ensuring compliance with Chapters 1 and 2 of the Listing Rules, Chapter 11 of the ASX Listing Rules may apply to the Company, potentially requiring a suspension of its securities whilst the necessary shareholder approvals are sought.

Ramsgate Resources (17 June 2000)

Ramsgate announced that 4,803,680 fully paid ordinary shares have been subscribed for under the terms of the prospectus lodged on 5 May 2000.
The shortfall shares of 7,485,744 revert to the Underwriter to the issue, Montagu Corporate Pty Ltd.

Rio Tinto (17 June 2000)

On Market Share Purchase for Cancellation - Rio advised that Rio Tinto plc has purchased (on Thursday), on market for cancellation, 200,702 ordinary shares in Rio Tinto plc at an average price of GBP10.07 per share.

Star Mining (17 June 2000)

Response to ASX Query re:Share Price -

We are not aware of any matters of importance concerning the Company which are about to be announced to security holders and/or the market.
We are not aware of any information which, had it been available to the market, might reasonably be regarded as an explanation for recent trading in the securities of the Company.

Stirling Resources (17 June 2000)

Advice re Fuga No. 1 Well Drilling Philippines - it continues to plug and abandon the Fuga-1 well.

Straits Resources (17 June 2000)

Commonwealth Bank of Australia became a substantial shareholder in Straits on 13/06/2000 with a relevant interest in the issued share capital of 4,316,974 ordinary shares (7.26%).

Taipan Resources (17 June 2000)

Subject to shareholder approval, Taipan Resources NL ("Taipan") plans to merge with gold producer and explorer, St Barbara Mines Limited ("St Barbara"). The proposed merger will take place by way of a Scheme of Arrangement under which Taipan's fully paid shareholders will own 23.1% of the merged group. St Barbara's fully paid shareholders will own 76.9% of the group. In keeping with the philosophy of the merging of the interests of both companies it is proposed to change the name of the merged entity to "Consolidated Mines Limited".

Notice was also given that pursuant to the Defined Call Program as disclosed in the Prospectus for the issue of partly paid ordinary shares and dated 6 July 1998, the Company makes a call of 0.5 cents per partly paid share, due and payable no later than 5.00pm WST on Friday 30 June 2000.

Tap Oil (17 June 2000)

Commonwealth Bank of Australia and Colonial Limited became a substantial shareholder in Tap Oil on 13/06/2000 with a relevant interest in the issued share capital of 8,550,144 ordinary shares (6.51%).

Troy Resources (17 June 2000)

A General Meeting of Troy will be held at 10:00am on Thursday 20 July 2000 at 2nd Floor, 44 Ord Street, West Perth, Western Australia.

Woodside Petroleum (17 June 2000)

Shell Group ('Shell') confirmed that, as part of its recent proposal to the Board of Woodside Petroleum Ltd ('Woodside'), it has offered Woodside an opportunity to join Shell in the redevelopment of the Soroosh and Nowrooz oil fields in Iran, together with upstream oil and gas assets in New Zealand.
Shell said these assets would supplement the Australian oil and gas portfolio involved in the proposal, which include Shell's 1/6th interest in the North West Shelf Oil and Gas Venture, 25% interest in the Laminaria oilfield, 28.57% interest in the undeveloped Greater Gorgon gas resource, 12.5% in WA267-P, 8.33% in Scott Reef-Brecknock gas/condensate resource, 85% interest in Evans Shoal gas resource, and interests ranging from 25%-33% in the Sunrise-Troubadour gas/condensate resource in the Northern Territory and Zone of Cooperation Area, as well as other upstream interests.
Under the proposal, Shell's intention is to develop Perth as a third centre of excellence for its global exploration and production activities. This would complement its existing centres in The Hague and Houston and would result in Perth becoming a primary hub for the advancement of Shell's and Woodside's strategic ambitions in the wider Asia Pacific region.

Zimplats (17 June 2000)

Zimplats is not aware of any reason for the decline in its share price on Thursday 15 June, other than reported comments by President Mugabe in the UK press.
According to Reuters June 15 release, President Mugabe is quoted as saying "that his Government might consider taking over the assets of foreign mining companies operating in his country and put them under African control".

Friday 16th June 2000 (Close of Business)

All Ords 3096.9 +7.1
Dow Jones 10,449.30 -265.52

ASX200 3140.8 +7.7 S&P 500 1464.46 -14.27

All Resources 1257.2 +17.1 Nasdaq 3860.56 +14.82

All Mining 608.1 -2.8 Gold - spot/oz US$288.60 -0.90

All Gold 677.7 -3.2 Silver - spot/oz US$5.06 +0.01

Energy 1440.4 +0.9 Platinum - spot US$538.00 +5.00

All Industrials 5415.6 +2.0 Bridge CRB Index 223.51 -0.76

FTSE 100 6526.00 +35.20 Crude Oil (NYMEX) US$30.02 -0.93

Nikkei 16,318.31 -20.39 Copper (spot $US/tonne) US$1780 +40

Hang Seng 16,434.38 +354.04 Lead (spot $US/tonne) US$420 +1.5

A$ = US60.73c +0.67 Zinc (spot $US/tonne) US$1128.0 +18

A$ = 64.54yen +0.50 Nickel (spot $US/tonne) US$8065 -240

A$ = 0.630Euro +0.003 Aluminium (spot $US/t) US$1566 +16

US 30-Year Bond 5.875% -0.043 Tin (spot $US/tonne) US$5527 +12

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

ASHTON MINING LIMITED (16 June 2000)

Ashton Mining Limited announce the appointment of Tan Sri Dato' Dr Abdul Khalid Bin Saban to the Board. He is Chairman of Tronoh Mines Malaysia Berhad which is a mining company involved in gold and antimony mining operations in Australia.

Another activity of the group is investment holding Tan Sri Dato' Dr Abdul Khalid Bin Sahan is also Chairman of Rating Agency Malaysia Berhad and is on the board of Malaysia Mining Corporation Berhad. He is a medical doctor, with extensive experience in senior management within the Ministry of Health in Malaysia.

ADMIRALTY RESOURCES NL (16 June 2000)

Admiralty Resources NL announced that the Company lodged with the Australian Securities & Investments Commission a short-form prospectus.

Under the Prospectus, a maximum of 17 million shares are to be offered at an issue price of 3 cents per share. It is proposed that the issue will open on Monday, 23 June 2000 and a copy of the Prospectus will be forwarded to the ASX at that time.

The Company intends to raise approximately $510,000.00 under the Prospectus in order to fund the additional exploration activities over its recently-acquired tenements in Argentina.

ANGLO PACIFIC GROUP PLC (16 June 2000)

The Annual General Meeting of the Company will be held at 12 Suffolk Street, London SW1Y 4HQ on 11th July 2000 at 11.00 am.

AUSTRALIAN INTERNATIONAL CARBON LIMITED (16 June 2000)

Further to its announcement dated 8 June 2000 the Company advised that a prospectus for a shareholders rights issue has been lodged with the Australian Securities and Investment Commission.

The issue is a non-renounceable rights issue to shareholders at 1:5 at 6 cents subscription price per share with option without further consideration (exercisable at 20 cents by 30 June 2003) for each 2 shares subscribed for (Issue).

AUSTRALIAN GAS LIGHT COMPANY (16 June 2000)

The Australian Gas Light Company became a substantial shareholder in Australian Pipeline Trust on 13/06/2000 with a relevant interest in the issued share capital of 73,200,000 ordinary shares (30%).

CENTAUR MINING & EXPLORATION LIMITED (16 June 2000)

The Company refers to announcement dated 14 June 2000 whereby it will undertake 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 is aware of certain press articles published in the Australian newspaper and posted on the ft.com website that incorrectly report that the Company will merge with Autogen Limited a biotechnology company.
The Company categorically denies there are any plans to merge with Autogen.
The capital consolidation remains subject to shareholder approval.

COAL & ALLIED INDUSTRIES LIMITED (16 June 2000)

The Board of Coal & Allied Industries Limited declared a special dividend of 200 cents per ordinary share. Preference shareholders will be paid the usual interim dividend of 1.75 cents per preference share. The special ordinary dividend will be franked to 55 cents per share and the preference dividend will be fully franked. The special ordinary dividend and interim preference dividend payments will amount to $173.2 million. In declaring the special dividend, the Board took into account the strength of the company's balance sheet.

The dividends will be paid on 28 June 2000 to ordinary and preference shareholders registered at close of business on 27 June 2000.

DIORO EXPLORATION NL (16 June 2000)

On 25 May 2000 Dioro Exploration NL announced that the Mungari Joint Venture (49% Dioro and 51% Mines and Resources Australia Pty Ltd) would commence a program of 10,200 metres of drilling in June 2000 over the Frog's Leg gold project. The drilling will comprise reverse circulation and diamond drilling and will include initial drilling under the lake to test a 600 metre north westerly extension of the existing mineralised zone.

FLETCHER CHALLENGE LIMITED (16 June 2000)

FLETCHER CHALLENGE ENERGY
DRILLING SUMMARY REPORT
For the week ending 14/06/2000

Country : Canada

Block Area: Wimborne
Well Name : 3-26-32-26 W4M
Objective : An Exploration well testing Glauconite Oil
Current Status : * Spud: 03/06/2000
* Cased for Glauconite Oil
* Rig Released: 12/06/2000

Block Area: Wolf Creek
Well Name : 7-6-42-6 W5M
Objective : A Development well testing Ostracod Oil
Current Status : * Spud: 03/06/2000
* Directionally drilling ahead

Block Area: Bart
Well Name : 14-6-40-15 W4M
Objective : An Exploration well testing Glauconite Gas
Current Status : * Spud: 06/06/2000
* Cased for Glauconite Gas
* Rig Released: 13/06/2000

Block Area: Latern
Well Name : 16-19-38-6 W4M
Objective : A Development well testing for McLaren Gas
Current Status : * Spud: 05/06/2000
* Cased for McLaren Gas
* Rig Released: 08/06/2000

FLETCHER CHALLENGE LIMITED (16 June 2000)

Fletcher Challenge
Drilling & Production Testing Report
For the week ending 15/06/2000

Country : New Zealand

Block Area: PML 381012
Well Name : MB-7
Objective : Horizontal development well in the Maui B D1.10 oil reservoir
Current Status : * Completed side-track and drilled 8(1/2)" hole to 2967m
* Current operation @ 0600hrs 15th June, making up new 8(1/2)" BHA to drill on

Block Area: PML 381012
Well Name : MB-6
Objective : Horizontal development well in the Maui B D1.10 oil reservoir
Current Status : * Suspended well with stuck 4(1/2)" liner pending evaluation of side-track on completion options while operations proceed on MB-7

Block Area: PEP 38459
Well Name : Pohokura-2
Objective : Appraisal well evaluating Pohokura-1 gas condensate discovery in the sands of the Kapuni Group
Current Status : * Ran cement band tog on 7" liner
* Ran in with 18 metre perforating gun assembly
* Perforated DST#1 interval 3614.0 - 3632mAH
* Flowed well 8 hours on clean-up to LP well test clean-up vessel
* Conducted multi-rate test with consecutive four hour flows. 1st rate 6.8mmscfd at 3680psi flowing pressure, second rate 11.3mmscfd at 2730psi flowing pressure, 3rd rate 18.4mmscfd at 1370psi flowing pressure. Average condensate ratio throughout flow test was 70 - 80bbls/mmscf
* Present operations at 0600hrs 15th June preparing for second production test. Planned DST#2 perforation interval in 3582.0 - 3603.0mAH
* DST#2 test should commence Saturday 17th June 2000

Block Area: PML 38036
Well Name : McKee-9A
Objective : Sidetrack development infill well in the McKee oil reservoir
Current Status : * Tripping for bit change and continue drilling
* Currently in McKee formation at 2212m, estimated
TD of 2280m
* Estimated tops coming in as per expectations
* Expected logging overnight

Country : Brunei

Block Area: Block CD
Well Name : LKU-1
Objective : (a) Secondary Pilocene objectives 2187m
(b) Secondary Miocene objectives 2207m
(c) Primary Miocene objectives 2877 - 3062m
(d) Secondary Miocene objectives 3237 - 3457mss
Current Status : * Laksamana Utara-1 spudded at 2030hrs on 20th May
* Drilled 8(1/2)" hole to 2518m. Ran logs and cemented liner
* Drilled with 6-7" bicentred bit to 3145m
* Ran logs including checkshot survey
* Confirmed objectives penetrated
* No significant hydrocarbons encountered. Deeper intervals not expected to contain sufficient hydrocarbons
* Commenced abandonment
* Rig to move to East Egret well location

GLENGARRY RESOURCES NL (16 June 2000)

The directors of Glengarry Resources NL announced that at a General Meeting of shareholders held on 14 June 2000 the following resolutions were passed.

1. ORDINARY RESOLUTION - RATIFICATION OF SHARE ISSUE
2. SPECIAL RESOLUTION - CHANGE OF COMPANY STATUS

HILL 50 GOLD NL (16 June 2000)

AMP Limited decreased its relevant interest in Hill 50 Gold NL on13/06/2000, from 10,879,478 ordinary shares (8.98%) to 9,059,632 ordinary shares (7.48%).

HORIZON MINING NL (16 June 2000)

All resolutions before the General Meeting were passed with overwhelming support.

HUDSON RESOURCES LIMITED (16 June 2000)

Hudson Resources Ltd/Hudson Investment Group Ltd* increased its relevant interest in Waivcom Worldwide Limited on 14/06/2000, from 6,117,181 ordinary shares (12.46%) to 9,097,181 ordinary shares (15.2%).

LAKES OIL NL (16 June 2000)

NORTH SEASPRAY-3

Lakes Oil N.L. wishes to announce that, as at 6 am this morning, Thursday 15 June, 2000, the North Seaspray-3 well remained at a depth of 1104 metres, with preparations underway to drill out of the casing. Repairs to air drilling equipment have now been completed and it is anticipated that the well will penetrate the target section today.

For further information, click here

MURCHISON UNITED NL (16 June 2000)

GENERAL MEETING - 15 JUNE 2000

In accordance with ASX Listing Rules, the Company advised that all resolutions were passed at the General Meeting of the Company held on Wednesday.

NEW HAMPTON GOLDFIELDS LIMITED (16 June 2000)

Mr Rodger Head and Dr David Isles announced their imminent retirement as Directors at a recent meeting of Directors. Mr Melvyn Drummond, Joint Company Secretary and Chief Financial Officer, also announced his retirement from office, to take effect as from 30 June 2000. The Board acknowledges with special thanks the contribution made by these gentlemen to the development of the Company over a number of years.

NEWLAND RESOURCES LIMITED (16 June 2000)

Shortfall from underwritten entitlement issue

The Directors advise that, in the recent underwritten entitlements issue, 72,053 entitlements were accepted. The shortfall of 4,801,038 shares and 4,801,038 options reverts to the underwriters.

OIL COMPANY OF AUSTRALIA LIMITED (16 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 15/06/2000

QUEENSLAND

WELL: Challum 18 DW1
TYPE: SWQ Unit Gas Development
LOCATION: PL 59, Aquitaine B Block, 1.25km NE Challum 1 and
20km W of the Ballera Gas Centre
STATUS AT 15/06/2000 0600 HOURS: Drilling ahead. Current measured depth is 2872m, with 460m 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.
PLANNED TOTAL DEPTH: DW1 3121m MD DW2 3100m MD

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 approx. 230km W of Alice Springs
STATUS AT 15/06/2000 0600 HOURS: West Mereenie 17 has been cased and suspended as a future gas producer. The well reached a total depth of 1286m with no progress for the week. The rig was released on 08/06/2000.
PLANNED TOTAL DEPTH: 1414m

USA

WELL: Runnels 1
TYPE: Gas Exploration
LOCATION: Amerada 8 Prospect, Clopper Ranch Joint Venture, Matagorda County, Texas USA
STATUS AT 14/06/2000 0600 HOURS: Runnels has been plugged and abandoned. The well reached a total depth of 3654m with 298m progress for the week.
PLANNED TOTAL DEPTH: 3749m

WELL: Webb 1
TYPE: Gas Exploration
LOCATION: Suemaur Moore Prospect, San Patricio County, Texas
STATUS AT 14/06/2000 0600 HOURS: Drilling ahead. The current depth is 1703m with1185m progress for the week.
PLANNED TOTAL DEPTH: 4115m

WELL: State Tract 157#1
TYPE: Gas Exploration
LOCATION: South Long Reef Prospect, Aransas County, Texas
STATUS AT 14/06/2000 0600 HOURS: Drilling ahead. The current depth and progress for the week is 1555m. The well spudded on 08/06/2000.
PLANNED TOTAL DEPTH: 3048m

OIL COMPANY OF AUSTRALIA LIMITED (16 June 2000)

SANTOS LIMITED - SUMMARY OF DRILLING
WEEK ENDING 15/06/2000

SOUTH AUSTRALIA
WELL: Moomba 107
TYPE: Gas Development
LOCATION: PPL 7, Moomba Block, 1.95km W of Moomba 93, 2.1km SW of Moomba 58, and some 9km NW of the Moomba Gas Plant.
STATUS AT 15/06/2000 0600 HOURS: Drilling ahead. Current depth and progress for the week is 1739m. The well spudded on 11/06/2000.
PLANNED TOTAL DEPTH: 2635m

WELL: Toolachee West 1
TYPE: Gas Exploration
LOCATION: PPL 14, Toolachee Block. 1.5km S of Toolachee 46, 2.0km W of Toolachee 14 and some 60km SE of the Moomba Gas Plant.
STATUS AT 15/06/2000 0600 HOURS: Drilling ahead. Current depth and progress for the week is 1206m. The well spudded on 11/06/2000.
PLANNED TOTAL DEPTH: 2292m

WELL: Pondrinie North 2
TYPE: Gas Development
LOCATION: PPL 90, Merrimelia-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 15/06/2000 0600 HOURS: Pondrinie North 2 has been plugged and suspended. The well reached a total depth of 2392m, with no progress for the week. The rig was released on 11/06/2000 and moved to Pondrinie 17DW, a PPL 90 high angle gas development well.
PLANNED TOTAL DEPTH: 2393m

WELL: Pondrinie 17DW1
TYPE: Gas Development
LOCATION: PPL 90, Merrimelia-Innamincka Block, 1km WNW of Pondrinie 15DW, 1.8km WSW of Pondrinie 8 and 75km NE of the Moomba Gas Plant.
STATUS AT 15/06/2000 0600 HOURS: Drilling ahead. Current depth and progress for the week is 112m. The well spudded on 14/06/2000. Pondrinie 17DW is a high angle gas development well designed to drain gas reserves in the Permian aged Merrimelia Formation.
PLANNED TOTAL DEPTH: 2820m

OIL COMPANY OF AUSTRALIA LIMITED (16 June 2000)

Oil Company Of Australia Limited, on behalf of the PL 101 Joint Venture advise that:

Peat No 9 a coal gas development well, situated approximately 536 metres northeast of Peat No 4, latitude 26 deg. 01 min. 53.38 sec. south, longitude 150 deg. 05 min. 53.08 sec. east, was spudded at 08:00 hours on June 10, 2000. Surface casing was set at 104.0 metres RT. At 04:30 hours, June 13, 2000, the well reached a total depth of 869.5 metres RT. The well was cased and suspended with the rig released at 12:00 hours June 14, 2000. At 0600 hours today the rig was being moved to the Peat 25 well location. Progress for the week was 869.5 metres.

The primary target of the well was coal seams in the Baralaba coal measures.

OXIANA RESOURCES NL (16 June 2000)

Further to Oxiana Resources NL announcement on 9 June 2000 concerning an offer to all Oxiana 30 June optionholders of a new option for each option held, the Australian Stock Exchange has now approved the 30 June 2000 Record Date for entitlements.

Key points of the offer are as follows:

* Expiry date of new options is 30 September 2002.
* Exercise price is 25 cents per share.
* Consideration for each new option is 1.5 cents.
* The offer is fully underwritten by Melbourne stockbroker, Peake Lands Kirwan Pty Ltd.
* The issue is non-renounceable.
* Net funds raised of approximately $1M will be applied to the Company's working capital requirements.
* Shareholder approval is required and will sought at a General Meeting expected to be held on 17 August 2000.

PILBARA MINES LIMITED (16 June 2000)

The securities of Pilbara Mines Limited will be placed in pre-open pending the release of an announcement. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Monday 19 June 2000 or when the announcement is released to the market.

ROC OIL COMPANY LIMITED (16 June 2000)

ONSHORE UK (ROC 100%)

As of 12:00pm on 14 June 2000 (UK time), the Keddington 2 well had reached a depth of 2,602 metres (2,201 metres TVD) and was tripping to change bits. Keddington 2 well is targeting oil productive sandstones in the basal Westphalian section.

TAP OIL NL (16 June 2000)

AMP Limited decreased its relevant interest in Tap Oil NL on 13/06/2000, from 12,071,124 voting shares (9.19%) to 10,539,789 voting shares (8.02%).

TAP OIL NL (16 June 2000)

Tap Oil NL advise that the Intrepid-1 exploration well spudded at 16.00 hours on 14 June 2000.

LOCATION
The well is located in WA-277-P, approximately 400 kms West of Darwin in the Timor Sea at latitude 12 deg 56' 02.04" South and 125 deg 50' 51.72" East.

PROGRESS
As at 06.00 hours on 15 June 2000, the well has drilled ahead to 146 metres and will continue to drill ahead to the planned total depth of 1,287 metres measured depth.

TAP COMMENT
The Intrepid prospect is a fault bounded structure overlying basement.

The Intrepid-1 well is targeting Permian and Upper Carboniferous sandstone reservoirs. The well is expected to take 8 days to reach its planned total depth of 1,287 metres. Should it be successful in discovering oil, mean recoverable reserves are estimated at 70 mmbbls.

TECTONIC RESOURCES NL (16 June 2000)

Tectonic Resources advise that they have reached an agreement with Homestake Gold of Australia to conduct and manage a feasibility study aimed at upgrading the commercial development of the Trilogy deposit on the Homestake/Tectonic Kundip Joint Venture. The objective of the feasibility study is to seek to bring the Trilogy deposit into production once the Tectonic RAV 8 nickel sulphide mine has been economically exploited.

The agreement allows for Tectonic to in-fill drill and conduct a feasibility study on the known mineralisation and depending on the amount of recoverable gold reserves delineated in the study, Tectonic may acquire 100% of the tenements from Homestake. If the feasibility study, which is expected to take two years to complete, identifies less thin 250,000 ounces of recoverable gold from Trilogy, Tectonic may then acquire the tenements by paying Homestake $2 million.

If the feasibility study identifies more then 250,000 recoverable ounces, Homestake may elect to remain as a 51% equity partner or may elect to sell its interest in the tenements for $3 million cash.

TECTONIC RESOURCES NL (16 June 2000)

Kundip Joint Venture

Current interpretation of the mineralisation indicate a zone of gold/copper mineralisation accessible by open pit mining that is located close to the surface with the polymetallic zone of mineralisation below and to the east gold/copper resource.

It would be proposed to initially exploit the gold/copper mineralisation with the polymetallic mineralisation being viewed as a longer-term production opportunity.

WMC LIMITED (16 June 2000)

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

Thursday 15th June 2000 (Close of Business)

All Ords 3089.8 +13.6
Dow Jones 10,714.82 +26.87

ASX200 3133.1 +14.8 S&P 500 1478.73 +8.19

All Resources 1240.1 +5.3 Nasdaq 3845.74 +48.33

All Mining 610.9 +1.9 Gold - spot/oz US$289.50 -2.10

All Gold 680.8 +8.4 Silver - spot/oz US$5.05 -0.01

Energy 1439.5 -14.4 Platinum - spot US$533.00 -1.00

All Industrials 5413.5 +24.0 Bridge CRB Index 224.27 -0.44

FTSE 100 6490.80 -45.5 Crude Oil (NYMEX) US$30.95 -0.22

Nikkei 16,338.70 -315.72 Copper (spot $US/tonne) US$1740.5 -18.5

Hang Seng 16,080.34 +223.27 Lead (spot $US/tonne) US$418.5 +1.5

A$ = US60.06c +0.37 Zinc (spot $US/tonne) US$1110.0 n/a

A$ = 64.14yen +0.96 Nickel (spot $US/tonne) US$8305.0 +75.0

A$ = 0.627Euro +0.005 Aluminium (spot $US/t) US$1550.0 +3.0

US 30-Year Bond 5.918% +0.007 Tin (spot $US/tonne) US$5515.0 no ch

Live Quotes & Charts - Australia

24 Hour Spot Gold Price

Current Mining News -Click Here

Mining News - 1-15 July 2000 - Click Here

Mining News - 1-15 June 2000 - Click Here

Mining News - May 2000 - Click Here

Mining News - April 2000 - Click Here

Mining News - March 2000 - Click Here

Mining News - February 2000 - Click Here

Mining News - January 2000 - Click Here

Mining News - December 1999 - Click Here

Mining News - November 1999 - Click Here

Mining News - October 1999 - Click Here

Mining News - September 1999 - Click Here

Mining News - August 1999 - Click Here

Mining News - July 1999 - Click Here

Mining News - June 1999 - Click Here

Mining News - May 1999 - Click Here

Mining News - April 1999 - Click Here

Mining News - March 1999 - Click Here

Mining News - 1 September 1998 to 28 February 1999 - Click Here

Archives - Pre October 1998 - Click Here

Disclaimer:
The information contained in these pages serves as a guide only. Digital Reflections shall not be liable for any accidents, injury, irregularity, loss or damage caused by or arising as a result of information contained within this World Wide Web site.

Thursday 29th June 2000 (Close of Business)
All Ords	3205.5	+39.9	Dow Jones	10,399.1	-128.69
ASX200	3254.5	+40.6	S&P 500	1442.39	-12.43
All Resources	1307.4	+3.1	Nasdaq	3877.23	-63.11
All Mining	656.6	+12.4	Gold - spot/oz	US$288.7	-3.5
All Gold	695.6	+16.1	Silver - spot/oz	US$4.98	+0.04
Energy	1447.2	+15.9	Platinum - spot	US$572	+13.0
All Industrials	5601.7	+79.0	Bridge CRB Index	226.33	+1.37
FTSE 100	6239.0	-74.5	Crude Oil (NYMEX)	US$32.72	+0.82
Nikkei	17,475.9	+105.73	Copper (spot $US/tonne)	US$1762	+3.5
Hang Seng	16,286.8	+151.62	Lead (spot $US/tonne)	US$419	-1.0
A$ = US60.21c		-0.08	Zinc (spot $US/tonne)	US$1142.5	+2.5
A$ = 63.28yen		-0.32	Nickel (spot $US/tonne)	US$8105	+35.0
A$ = 0.633Euro		-0.006	Aluminium (spot $US/t)	US$1558.5	+1.5
US 30-Year Bond	5.877%	-0.086	Tin (spot $US/tonne)	US$5480	-10.0
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Wednesday 28th June 2000 (Close of Business)
All Ords	3165.6	+22.4	Dow Jones	10,527.79	+23.33
ASX200	3213.9	+23.8	S&P 500	1454.82	+4.27
All Resources	1304.3	+9.1	Nasdaq	3940.34	+81.38
All Mining	644.1	+9.4	Gold - spot/oz	US$292.2	+6.70
All Gold	679.4	-0.7	Silver - spot/oz	US$4.94	+0.01
Energy	1431.3	+3.1	Platinum - spot	US$559	-3.0
All Industrials	5522.6	+39.2	Bridge CRB Index	224.95	-1.07
FTSE 100	6313.5	-61.8	Crude Oil (NYMEX)	US$31.9	-0.16
Nikkei	17,370.17	+91.11	Copper (spot $US/tonne)	US$1781.5	+1.5
Hang Seng	16,438.42	+282.65	Lead (spot $US/tonne)	US$420	+1.0
A$ = US60.29c		+0.12	Zinc (spot $US/tonne)	US$1147	no ch
A$ = 63.6yen		+0.22	Nickel (spot $US/tonne)	US$8015	+15.0
A$ = 0.639Euro		+0.003	Aluminium (spot $US/t)	US$1573	-2.0
US 30-Year Bond	5.963%	+0.022	Tin (spot $US/tonne)	US$5495	+5.0
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

	RESERVE CATEGORY	TONNES (millions)	AVERAGE GRADE (g Au/t)	CONTAINED OUNCES (millions)
Reserves at end May 2000	Proved	23.2	3.82	2.8
	Probable	82.7	3.52	9.4
Sub total		105.9	3.59	12.2
Stockpiled Ore(2)	Proved	12.0	3.03	1.2
Total Reserves (3)		117.9	3.53	13.4

Tuesday 28th June 2000 (Close of Business)
All Ords	3143.1	+14.2	Dow Jones	10,504.46	-38.53
ASX200	3190.1	+12.3	S&P 500	1450.55	-4.76
All Resources	1295.2	-2.7	Nasdaq	3858.96	-53.16
All Mining	634.7	+9.7	Gold - spot/oz	US$285.50	+2.1
All Gold	680.2	+14.6	Silver - spot/oz	US$4.93	-0.03
Energy	1428.2	-3.4	Platinum - spot	US$562.00	-8.0
All Industrials	5483.4	+30.7	Bridge CRB Index	226.04	+1.01
FTSE 100	6375.3	-29.9	Crude Oil (NYMEX)	US$32.06	+0.43
Nikkei	17,279.06	+353.66	Copper (spot $US/tonne)	US$1290.5	-4.0
Hang Seng	16,155.77	+176.86	Lead (spot $US/tonne)	US$420	+0.5
A$ = US60.17c		+0.48	Zinc (spot $US/tonne)	US$1147	+2.5
A$ = 63.38yen		+0.29	Nickel (spot $US/tonne)	US$8045.0	-45.0
A$ = 0.636Euro		-0.001	Aluminium (spot $US/t)	US$1575.0	-4.5
US 30-Year Bond	5.941%	-0.042	Tin (spot $US/tonne)	US$5497.5	-17.5
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Motion	Resolved	Proxy Details
		For	Against	Abstain	Total
1. Approval of change of Company Type and Name	For	27,941,933	84,000	-	28,025,933
2. Adoption of amendments to the Constitution	For	27,895,933	85,000	45,000	28,025,933
3. Approval of Issue of Shares to Related Parties	For	16,636,178	257,000	550,500	17,443,678
4. Approval of Issue of Options to Related Parties	For	16,497,450	395,728	550,500	17,443,678
5. Approval of Issue of Shares to Peakhill Pty Ltd	For	21,593,884	7,511,938	50,000	29,155,822
6. Ratification of Previous Issue of shares	For	21,987,884	189,000	40,000	22,216,884
7. Ratification of Previous Issue of Shares	For	21,987,884	189,000	40,000	22,216,884
8. Ratification of Previous Issue of Shares	For	21,987,884	189,000	40,000	22,216,884

Monday 27th June 2000 (Close of Business)
All Ords	3129.0	+1.7	Dow Jones	10,542.99	+138.24
ASX200	3177.8	+0.7	S&P 500	1455.31	+13.83
All Resources	1297.9	+18.5	Nasdaq	3912.12	+66.78
All Mining	625.0	+2.6	Gold - spot/oz	US$283.40	+0.60
All Gold	665.5	-1.3	Silver - spot/oz	US$4.96	+0.03
Energy	1431.7	-5.9	Platinum - spot	US$570.00	+13.00
All Industrials	5452.7	-9.6	Bridge CRB Index	227.08	+2.03
FTSE 100	6405.20	+13.70	Crude Oil (NYMEX)	US$31.63	-0.62
Nikkei	16,925.40	-37.81	Copper (spot $US/tonne)	US$1770	+5
Hang Seng	15,978.91	+240.83	Lead (spot $US/tonne)	US$419	+4
A$ = US59.69c		+0.22	Zinc (spot $US/tonne)	US$1138	+13
A$ = 63.09yen		+0.79	Nickel (spot $US/tonne)	US$7915	+40
A$ = 0.637Euro		+0.002	Aluminium (spot $US/t)	US$1566	+11
US 30-Year Bond	5.983%	-0.049	Tin (spot $US/tonne)	US$5507	+2
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Friday 23rd June 2000 (Close of Business)
All Ords	3127.3	+3.7	Dow Jones	10,404.75	+28.63
ASX200	3177.1	+3.5	S&P 500	1441.48	-10.70
All Resources	1279.4	+24.3	Nasdaq	3845.34	-91.50
All Mining	622.4	+10.8	Gold - spot/oz	US$282.80	-2.40
All Gold	666.8	+3.5	Silver - spot/oz	US$4.93	-0.02
Energy	1437.5	+15.5	Platinum - spot	US$557.00	-10.00
All Industrials	5462.3	-9.7	Bridge CRB Index	224.49	-2.59
FTSE 100	6391.50	-22.30	Crude Oil (NYMEX)	US$32.25	+0.06
Nikkei	16,963.21	-142.80	Copper (spot $US/tonne)	US$1765	-22
Hang Seng	15,738.08	-214.28	Lead (spot $US/tonne)	US$415	-1.5
A$ = US59.47c		-0.16	Zinc (spot $US/tonne)	US$1125	-7.5
A$ = 62.30yen		+0.09	Nickel (spot $US/tonne)	US$7875	-165
A$ = 0.635Euro		-0.003	Aluminium (spot $US/t)	US$1545	-21.5
US 30-Year Bond	6.032%	+0.051	Tin (spot $US/tonne)	US$5505	-12.5
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Hole	Interval	Intersection
SOP22D	161-163.7m	2.7m @ 29.0% Zn, 22.2% Pb, 21.4 g/t Ag
	174.2-193.3m	19.1m @ 16.0% Zn, 7.54% Pb, 4.8 g/t Ag

Thursday 22nd June 2000 (Close of Business)
All Ords	3123.6	-2.1	Dow Jones	10,376.12	-121.62
ASX200	3173.6	-4.8	S&P 500	1452.18	-26.95
All Resources	1255.1	+17.9	Nasdaq	3936.84	-127.17
All Mining	611.7	+3.6	Gold - spot/oz	US$285.20	-0.70
All Gold	663.4	-2.3	Silver - spot/oz	US$4.95	+0.01
Energy	1422.1	+10.5	Platinum - spot	US$567.00	+6.0
All Industrials	5471.9	-16.9	Bridge CRB Index	227.08	+2.03
FTSE 100	6413.8	-64.0	Crude Oil (NYMEX)	US$32.19	+0.82
Nikkei	17,106.01	-104.07	Copper (spot $US/tonne)	US$1787.0	+9.0
Hang Seng	15,952.36	-285.78	Lead (spot $US/tonne)	US$416.5	-0.5
A$ = US59.63c		-0.65	Zinc (spot $US/tonne)	US$1132.5	+2.5
A$ = 62.21yen		-1.44	Nickel (spot $US/tonne)	US$8040.0	+45.0
A$ = 0.638Euro		unch	Aluminium (spot $US/t)	US$1566.5	+15.5
US 30-Year Bond	5.981%	+0.022	Tin (spot $US/tonne)	US$5517.5	+47.5
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Wednesday 21st June 2000 (Close of Business)
All Ords	3125.6	+19.3	Dow Jones	10,497.74	+62.58
ASX200	3178.4	+23.2	S&P 500	1479.07	+3.12
All Resources	1237.1	-0.4	Nasdaq	4064.01	+50.65
All Mining	608.1	+3.1	Gold - spot/oz	US$285.90	+0.40
All Gold	665.7	+2.7	Silver - spot/oz	US$4.94	-0.07
Energy	1411.6	-9.5	Platinum - spot	US$561.00	-6.0
All Industrials	5488.8	+39.7	Bridge CRB Index	225.04	+0.72
FTSE 100	6477.8	-49.1	Crude Oil (NYMEX)	US$31.37	+0.72
Nikkei	17,210.08	+302.53	Copper (spot $US/tonne)	US$1767.0	+6.5
Hang Seng	16,238.14	+151.4	Lead (spot $US/tonne)	US$416.5	-2.0
A$ = US60.28c		-0.08	Zinc (spot $US/tonne)	US$1120.5	-0.5
A$ = 63.65yen		+0.11	Nickel (spot $US/tonne)	US$7845.0	-45.0
A$ = 0.638Euro		+0.006	Aluminium (spot $US/t)	US$1550.0	+10.0
US 30-Year Bond	5.959%	+0.063	Tin (spot $US/tonne)	US$5492.5	+12.5
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Tuesday 20th June 2000 (Close of Business)
All Ords	3106.3	+1.8	Dow Jones	10,435.16	-122.68
ASX200	3155.2	+4.1	S&P 500	1475.95	-10.05
All Resources	1237.5	-10.2	Nasdaq	4013.36	+23.53
All Mining	605.0	-2.7	Gold - spot/oz	US$285.50	+0.10
All Gold	663.0	-8.1	Silver - spot/oz	US$5.01	no ch
Energy	1421.1	-17.6	Platinum - spot	US$567.00	+14.00
All Industrials	5437.9	+22.4	Bridge CRB Index	224.32	+1.11
FTSE 100	6526.90	+36.70	Crude Oil (NYMEX)	US$30.65	+1.01
Nikkei	16,907.55	+316.20	Copper (spot $US/tonne)	US$1772.0	-2.0
Hang Seng	16,086.74	-180.73	Lead (spot $US/tonne)	US$419	no ch
A$ = US60.36c		+0.18	Zinc (spot $US/tonne)	US$1134.5	+3.5
A$ = 63.54yen		-0.10	Nickel (spot $US/tonne)	US$8100.0	-40.0
A$ = 0.632Euro		+0.004	Aluminium (spot $US/t)	US$1545.0	+10.0
US 30-Year Bond	5.896%	+0.011	Tin (spot $US/tonne)	US$5475.0	no ch
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Monday 19th June 2000 (Close of Business)
All Ords	3104.5	+7.6	Dow Jones	10,557.84	+108.54
ASX200	3151.1	+10.3	S&P 500	1486.00	+21.54
All Resources	1247.8	-9.4	Nasdaq	3989.83	+129.27
All Mining	607.7	-0.4	Gold - spot/oz	US$285.40	-3.20
All Gold	671.0	-6.6	Silver - spot/oz	US$5.01	-0.05
Energy	1438.7	-1.7	Platinum - spot	US$553.00	+15.00
All Industrials	5437.9	+22.4	Bridge CRB Index	223.21	-0.31
FTSE 100	6490.20	-35.80	Crude Oil (NYMEX)	US$29.64	-0.38
Nikkei	16,591.35	+274.04	Copper (spot $US/tonne)	US$1783	+12.5
Hang Seng	16,267.47	-166.91	Lead (spot $US/tonne)	US$419	+2.0
A$ = US60.18c		-0.55	Zinc (spot $US/tonne)	US$1133.0	+5.0
A$ = 63.64yen		-0.90	Nickel (spot $US/tonne)	US$8230	+205.0
A$ = 0.628Euro		-0.002	Aluminium (spot $US/t)	US$1561	+10.0
US 30-Year Bond	5.885%	+0.010	Tin (spot $US/tonne)	US$5467.5	-2.5
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Friday 16th June 2000 (Close of Business)
All Ords	3096.9	+7.1	Dow Jones	10,449.30	-265.52
ASX200	3140.8	+7.7	S&P 500	1464.46	-14.27
All Resources	1257.2	+17.1	Nasdaq	3860.56	+14.82
All Mining	608.1	-2.8	Gold - spot/oz	US$288.60	-0.90
All Gold	677.7	-3.2	Silver - spot/oz	US$5.06	+0.01
Energy	1440.4	+0.9	Platinum - spot	US$538.00	+5.00
All Industrials	5415.6	+2.0	Bridge CRB Index	223.51	-0.76
FTSE 100	6526.00	+35.20	Crude Oil (NYMEX)	US$30.02	-0.93
Nikkei	16,318.31	-20.39	Copper (spot $US/tonne)	US$1780	+40
Hang Seng	16,434.38	+354.04	Lead (spot $US/tonne)	US$420	+1.5
A$ = US60.73c		+0.67	Zinc (spot $US/tonne)	US$1128.0	+18
A$ = 64.54yen		+0.50	Nickel (spot $US/tonne)	US$8065	-240
A$ = 0.630Euro		+0.003	Aluminium (spot $US/t)	US$1566	+16
US 30-Year Bond	5.875%	-0.043	Tin (spot $US/tonne)	US$5527	+12
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

Thursday 15th June 2000 (Close of Business)
All Ords	3089.8	+13.6	Dow Jones	10,714.82	+26.87
ASX200	3133.1	+14.8	S&P 500	1478.73	+8.19
All Resources	1240.1	+5.3	Nasdaq	3845.74	+48.33
All Mining	610.9	+1.9	Gold - spot/oz	US$289.50	-2.10
All Gold	680.8	+8.4	Silver - spot/oz	US$5.05	-0.01
Energy	1439.5	-14.4	Platinum - spot	US$533.00	-1.00
All Industrials	5413.5	+24.0	Bridge CRB Index	224.27	-0.44
FTSE 100	6490.80	-45.5	Crude Oil (NYMEX)	US$30.95	-0.22
Nikkei	16,338.70	-315.72	Copper (spot $US/tonne)	US$1740.5	-18.5
Hang Seng	16,080.34	+223.27	Lead (spot $US/tonne)	US$418.5	+1.5
A$ = US60.06c		+0.37	Zinc (spot $US/tonne)	US$1110.0	n/a
A$ = 64.14yen		+0.96	Nickel (spot $US/tonne)	US$8305.0	+75.0
A$ = 0.627Euro		+0.005	Aluminium (spot $US/t)	US$1550.0	+3.0
US 30-Year Bond	5.918%	+0.007	Tin (spot $US/tonne)	US$5515.0	no ch
Live Quotes & Charts - Australia
24 Hour Spot Gold Price

	Current Mining News -Click Here
	Mining News - 1-15 July 2000 - Click Here
	Mining News - 1-15 June 2000 - Click Here
	Mining News - May 2000 - Click Here
	Mining News - April 2000 - Click Here
	Mining News - March 2000 - Click Here
	Mining News - February 2000 - Click Here
	Mining News - January 2000 - Click Here
	Mining News - December 1999 - Click Here
	Mining News - November 1999 - Click Here
	Mining News - October 1999 - Click Here
	Mining News - September 1999 - Click Here
	Mining News - August 1999 - Click Here
	Mining News - July 1999 - Click Here
	Mining News - June 1999 - Click Here
	Mining News - May 1999 - Click Here
	Mining News - April 1999 - Click Here
	Mining News - March 1999 - Click Here
	Mining News - 1 September 1998 to 28 February 1999 - Click Here
	Archives - Pre October 1998 - Click Here