HERALD RESOURCES (30 NOVEMBER 2000)

DRILLING UPDATE , CONSTRUCTIVE MEETINGS HELD

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LAKES OIL (30 NOVEMBER 2000)

Chairman's Address - 2000 AGM

Dear Shareholder,

This is the 54th Annual General Meeting of Lakes Oil, Australia’s oldest listed oil company, and I would like to welcome you all to the Meeting.

We stand today at the beginning of what we believe to be the most interesting and exciting part of the Company’s history.

GIPPSLAND

This period will commence shortly with the drilling of two exploration wells in the Company’s Gippsland permits, named "Trifon-1" and "Gangell-1". In fact, the rig arrived at the Trifon site on Monday, 27 November and is rigging up as we speak to hopefully begin drilling on this coming Sunday, 3 December. We are anticipating about 21 days drilling for each well.

Dr. Greg Blackburn, who is a technical consultant to Lakes, will give you a technical run through on each of these wells at the end of this meeting. However, the most important thing to remember is that, because of the size of the reservoirs, any discovery of oil/gas could be large. In addition to this, any such discovery will be located only 9-10 kilometres from the Longford processing plant.

In our recently-released 2000 Annual Report, I mentioned our geological consultants, Jack Mulready, Eric Webb and Dr. Greg Blackburn, and I would like to again thank them for the excellent work they have carried out over the last year, particularly during the last 6 months where they have had to meet tight deadlines.

I would also like to thank you, the Shareholders, for your continued support, particularly in the recent capital raising, and I hope that the Trifon and Gangell wells provide rewards for you.

With oil prices at historically-high levels, it is surprising that there is not more onshore exploration activity. Lakes will have drilled 3 wildcat wells this year which, for a company our size, is remarkable.

The Company believes it is time for the Federal Government to look to stimulate the "risk" end of the industry, i.e. wildcat drilling, particularly onshore. The fact that a prospective oil and gas province like onshore Gippsland has only had some 60 wells drilled in it during the past 70-odd years (and over half of those could hardly be called oil wells), is a most disappointing outcome and points to a failure of Government policy in this area. Australia’s known hydrocarbon reserves, particular of oil, are running down rapidly and the country is facing a growing dependence on imported oil at increasing prices. There is an urgency for Government to do what it can to encourage the development of new fields within Australia.

Back in the 60’s, when onshore drilling activity was at a much higher level than it is today, the Government allowed an investor to claim a tax deduction for new capital raised for oil exploration. We would urge the current Federal Government to revisit this method for attracting much-needed funds for this vital sector of the industry. Importantly, no one is looking for a "free lunch" or to double-dip the system. Our proposal is that exploration companies, like Lakes, have an option to allow its investors to claim a deduction for drilling expenses, rather than the company. The present system operates to the serious detriment of companies such as Lakes which have no income and receive no current benefit from the tax deductions allowed for drilling programs. This compares with other companies which do receive taxable income and which are effectively able to claim exploration expenses as a deduction as against current income.

SOUTH AUSTRALIA

Those of you who have been shareholders for some years will remember back to 1992, when Lakes Oil held an interest in a well named "Troas-1", drilled offshore South Australia, near Robe, with BHP as the operator. At that time, we had probably the biggest and the smallest oil companies in Australia in partnership, being BHP and Lakes.

Troas-1 was the first valid offshore test of the Crayfish Formation sealed by the overlying Eumeralla Formation. The well intersected gas-bearing sands at 2,350 metres and was still drilling through gas bearing-sand at a total depth of 3,506 metres. A total of 1,150 metres of gross hydrocarbon-bearing section was intersected in the well, with a net hydrocarbon sand of 98 metres depth.

Lakes is delighted to announce that, as from today, its 100% owned subsidiary, Otway Resources Pty. Ltd., has increased its interest in EPP 24, in which the Troas well was drilled those 8 years ago, from 8.33% to 100% and has therefore assumed operatorship of the permit.

Reserve estimates from Troas are difficult to calculate, as unfortunately the well was never tested. However, gas in place was estimated to be up to 600 BCF, with maximum recoverable reserves of 418 BCF. Recent attempts have been made to value this asset but the figures obtained vary significantly depending on the assumed use of the gas and the price at which the gas could therefore be sold. It would appear from very preliminary case studies, that the maximum value would be obtained if the proposed Melbourne to Adelaide pipeline goes ahead. Notwithstanding these issues, I believe that this asset is a very valuable one for Lakes. Its location, which is only some 20 kilometres offshore and in water depths of 86 metres, lies approximately half way between Melbourne and Adelaide meaning that, should the proposed route of the pipeline go ahead, any future well drilled by Lakes could not be better situated.

The Otway Basin, in which EPP 24 is located, is ideally positioned to supply gas to either the South Australian or Victorian gas markets.

Deregulation and privatisation of the downstream gas transmission and retailing functions during the last three years has significantly increased the prospects of selling gas. There is substantial growth expected from the generation of electricity from gas in the medium to long term, as both Victoria and South Australia are short of intermediate generating capacity.

Pipelines now link the South Australian and Victorian markets to the NSW gas market, therefore there is the potential for gas swaps in these markets.

The current 5-year work program for EPP 24 calls for a 140 square kilometre, 3D seismic survey.

Lakes has had its consultants look at the possibility of using new computer technology, now available in the USA, to process the existing 2D seismic in a 3D format. Their recommendation to Lakes has been to not spend further money on seismic acquisition, as they believe the prospect is ready for drilling. Lakes will present a case to both the Primary Industry and Resources Department of South Australia and the appropriate Commonwealth Authority to have the work program for the 5th year changed to include the re-drilling of the Troas well.

Based on the current indicated reserves, and subject to a full feasibility study (as only very preliminary studies have been undertaken so far), the Troas field is potentially commercial, should the proposed Melbourne to Adelaide pipeline eventuate.

Lakes believes, as did some of its previous joint venture partners, that the original Troas well did not go deep enough and that we had in fact only reached the upper portion of the Pretty Hill section. There is potential for a re-drill of the well to confirm the possibility of the Pretty Hill-proper to have better permeability and porosity than that which was previously encountered in the first well. Should the lower portion of the Pretty Hill prove to be gas-bearing, it would significantly increase the reserves and the potential for commercial development.

By bringing forward the re-drill of the Troas structure, Lakes will provide a valuable input into the viability of the Melbourne to Adelaide pipeline.

In the event that the Troas field proves to be commercial, it would fill a window of opportunity which is currently opening for the supply of gas to South Australia and Western Victoria.

Lakes is delighted to now own 100% of this exciting project and discussions regarding its development are already taking place with potential drilling and end-user partners. By virtue of its 100% interest in this permit, Lakes is in a strong position to introduce new partners who will share the exploration costs, or to potentially establish a position such that its exposure would be low.

For more information on Lakes Oil, click here.

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MINOTAUR RESOURCES (30 NOVEMBER 2000)

The Board of Minotaur Resources Ltd has extended the closing date of the current Prospectus until the close of business on Wednesday, 13 December 2000 following indications from a number of shareholders that they were uncertain of the process required or had been absent in the period in which the Prospectus was originally open.

The Company advises that it is in a position to comply with ASX listing requirements and accordingly expects to list prior to Christmas. Consequently no further extension of the closing date of the Prospectus is contemplated.

The Company has successfully finalised a Native Title Agreement on the two exploration licences relating to the Mabel Creek project, a joint venture between Minotaur and Billiton, and Heritage Clearances were successfully completed at the two principal prospects. Drilling is currently underway on a target that is considered prospective for copper-gold mineralisation similar in style to that at Olympic Dam and results from the first hole should be available near Christmas.

The Memorandum of Understanding relating to the sodic soil conditioner project referred to in the Prospectus expires today. As insufficient funds will be raised to accommodate this project the Company has elected not to proceed with this particular activity, its other exploration activities remaining the principal focus.

For more information on Minotaur, click here.

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ACCLAIM URANIUM (30 NOVEMBER 2000)

Following a meeting of the Wingellina Aboriginal Community and the Traditional Owners of the land within Exploration Licence 69/535 ("the Licence") at Wingellina, Western Australia, it has received confirmation from the Wingellina Aboriginal Community that:

1. representatives of the company are permitted to access the Licence area in order to identify for the Traditional Owners the location of the main ore body within that area; and
2. after due consideration, the Traditional Owners will then inform the company as to the culturally appropriate areas to peg a mining lease within the area identified by the company.

On 13 December 2000, representatives of the company will be accessing the Licence area for the purposes of identifying the ore body in accordance with the advice referred to in paragraph 1 above.

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AKD (30 NOVEMBER 2000)

All ordinary resolutions put to members at the Annual General Meeting of AKD Limited and detailed in the Notice of Meeting dated 25 October 2000 were passed.

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AUSTRALASIAN GOLD MINES (30 NOVEMBER 2000)

All resolutions at the Annual General Meeting of the Company held on 29 November 2000 were passed by a show of hands.

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BEACONSFIELD GOLD (30 NOVEMBER 2000)

The directors of Beaconsfield Gold NL are pleased to announce that all the resolutions put to its members at the company's Annual General Meeting held on 29 November 2000 were passed.

For more information on Beaconsfield Gold, click here.

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CENTRAL KALGOORLIE GOLD MINES (30 NOVEMBER 2000)

Prospectus - in relation to a rights issue and public offer which are intended to raise funds to implement the Spool Media Business Plan and to enable the Company's securities to be reinstated to official quotation on Australian Stock Exchange Limited ("ASX").
Existing shareholders are being offered one (1) new share for every four (4) currently held. Option holders and non-shareholders are also welcome to apply for shares. These shares are being issued at 20 cents along with two (2) free attaching options for every one (1) share subscribed. The Company has applied to ASX to have the shares and options offered under the prospectus quoted on ASX.
The Board is excited by the opportunity that Spool Media provides. Your Board wishes to achieve reinstatement to official quotation of its existing shares and options and listing of the shares and options offered under the enclosed prospectus prior to Christmas.

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COBRA RESOURCES (30 NOVEMBER 2000)

At the Annual General Meeting of the members of the company duly convened via Notice of Meeting dated 27 October 2000, all resolutions put to the members were passed.

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DRAGON MINING (30 NOVEMBER 2000)

Dragon has completed a comprehensive Pre-Feasibility Study on the development of the Svartliden Gold Project in Sweden. Dragon currently has a 60% equity in the project rising to 80% on completion of a bankable feasibility study. Included in the Pre-feasibility Study were resource analyses, mining studies, metallurgical investigations, plant engineering studies and environmental investigations, undertaken by consultants in Australia and Sweden.
The study demonstrates that the Svartliden Gold Project will support an initial development of an economically robust open pit and CIP/ClL plant operating at 300,000 tonnes per annum at a diluted head grade of 4.79/g/tAu, producing 40,000ozs per year for 5 years. Capital costs for the project are expected to be a modest A$17M. At a gold price base of US$270/oz the Pre-Feasibility Study shows the project should generate a cash surplus of A$59M* pre-financing, with a Net Present Value on a 100% financed basis of A$27M.

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DRILLSEARCH ENERGY / OIL SEARCH (30 NOVEMBER 2000)

Oil Search Limited as operator of PPL179 in Papua New Guinea, reports that the Dua Dua - 1 Well was completed at total depth of 2,850 metres.
Electric logs completed over the interval drilled indicated significant porosity and potential hydrocarbons over the principal reservoir target, Iagufu Formation and in the secondary targets, being the Toro Sandstone and Digimu Sandstone.
However, after cutting side wall cores and undertaking RFT tests, no hydrocarbons were recovered and the well was plugged and abandoned.
The rig was released.

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EQUINOX RESOURCES (30 NOVEMBER 2000)

Equinox announced the successful completion of the Pre-feasibility Study on the Lumwana Copper Project in Zambia. The results of this detailed and comprehensive study by the Company's engineering consultants Bateman Engineering Pty Ltd ("Bateman") have significantly improved the financial viability of the project. This supports Equinox's decision to proceed, subject to finance, to a full bankable Feasibility Study.

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FIRST AUSTRALIAN RESOURCES (30 NOVEMBER 2000)

Update on Louisiana completion activity

The Hosston Orange Sand interval between 9,802 and 9,820 feet has been perforated and allowed to build-up pressure. A Bottom Hole Pressure of approximately 3,000 psi was reported Monday and the well has been flaring gas and minor condensate. Based on these tests, the Operator estimates the Orange zone will deliver between 0.5 to 1.0 million cubic feet of gas per day without stimulation.

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GIANTS REEF MINING (30 NOVEMBER 2000)

All resolutions put to shareholders at the AGM held on 28 November 2000 were passed. For more information on Giants Reef, click here.

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GULLEWA (30 NOVEMBER 2000)

All the resolutions put to the Annual General Meeting of Shareholders held on 24 November 2000 and referred to in the Notice of Meeting dated 23 October 2000 were passed.

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ILUKA RESOURCES / BEMAX (30 NOVEMBER 2000)

Iluka gives notice under section 630(4) of the Corporations Law that in relation to its takeover offers dated 11 October 2000, under its off-market takeover bid for all of the fully paid and partly paid ordinary shares in BeMaX Resources NL ACN 009 247 858, as varied by the Notice under Section 650D of the Corporations Law of Extension of Offer Period dated 2 November 2000 ("Offers"), the defeating condition described in clause 9.1(b) of Offer, namely;

"that prior to the end of the Offer Period BeMaX acquires all of the issued capital in Imperial Mining (Aust) NL pursuant to the Share Sale Agreement".

has been fulfilled.

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KANOWNA LIGHTS (30 NOVEMBER 2000)

At the Annual General Meeting of the Company held today, all resolutions were passed without amendment.

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KIMBERLEY DIAMOND COMPANY (30 NOVEMBER 2000)

Kimberley has further narrowed down the search for the source of the alluvial diamonds at its Blina Diamond Project, with the latest results indicating it could be nearing the upstream extent of the Terrace 5 gravels, which extend continuously for wall over 14 kilometres.

Kimberley announced the recovery of a parcel of 3 diamonds weighing 2.22 carats (including a 1.76 carat gem diamond) from Pit 71, an area located about 2 kilometres upstream from Pit 61 - where the Company recovered 46 diamonds weighing 21.6 carats in September this year.

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LION SELECTION GROUP (30 NOVEMBER 2000)

KEY POINTS - SEPTEMBER QUARTER

CSM
Agreement to sell 35 million shares and 12.5 million options for $14.5 million ($7.5 million profit), conditional on CSM shareholder approval.

GALLERY
Drilling in progress at Area 1, Mupane in Botswana is producing wide, high grade gold intersections. Potential new open pit/underground gold mine.

SPINIFEX
Resource increased at Nyakafuru in Tanzania to 0.73 million ounces (3.6 mt @ 6.3 g/t) confirms the potential for a high grade new gold mine.

MPI
New gold discovery below Stawell Gold Mine in Victoria has been named Golden Gift and has a sectional target area of 3.5 km strike and 1 km vertically.

WESTONIA
New investment during the quarter. Lion is funding a scoping study on 0.76 million ounce gold resource for new mine.

INDOPHIL
Potential acquisition of Tampakan copper-gold project in Philippines.

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MARLBOROUGH RESOURCES (30 NOVEMBER 2000)

The signing of the lease to Telminex NL, a wholly owned subsidiary of Marlborough Resources, marks the official start of work on the Ardlethan Tin Project. The construction phase is expected to take seven months, which will see first tin production in June 2001.

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MOUNT BURGESS GOLD MINING COMPANY (30 NOVEMBER 2000)

We now confirm the change of name from "Mount Burgess Gold Mining Company NL" to "Mount Burgess Mining NL" and the Company's existing constitution has been amended accordingly. For more information on Mt Burgess, click here.

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MURCHISON UNITED (30 NOVEMBER 2000)

All resolutions were passed at the Annual General Meeting of the Company held earlier today.

Murchison also announced that it has entered into an exclusive arrangement with Boliden Apirsa SL to undertake due diligence on the Los Frailes zinc mine in the Andalucia region of Spain.
The Los Frailes mine currently produces 100,000 tonnes of zinc a year as well as some copper, lead and silver. The mine requires a cut back of the existing open pit to access the remaining resources to support a mine life of more than 10 years.

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NEWLAND RESOURCES (30 NOVEMBER 2000)

All resolutions were passed at the Annual General Meeting of the Company held today.

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OIL COMPANY OF AUSTRALIA (30 NOVEMBER 2000)

Kenmore No 23 an Oil Development/Appraisal well situated approximately 220 metres south of kenmore no 13, latitude 26 deg, 39 min 08.23 sec south, longitude 143 deg 26 min 11.73 sec east. The well was spudded at 04:30 hours on November 19, 2000. 245mm surface casing was set at 162.48 metres RT. The well reached a total depth of 1572 metres RT. 140mm production casing was set at 1563.3 metres RT.
The well was cased and suspended as a future oil producer.

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OIL SEARCH (30 NOVEMBER 2000)

Oil Search Limited, as operator of PPL179 in Papua New Guinea, reports that the Dua Dua-1 well was plugged and abandoned on the 26 November 2000. Hydrocarbon shows were indicated on electric logs, however Repeat Formation Tests (RFT's) confirmed the objective lagifu Sandstones to be water bearing.

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PIMA MINING (30 NOVEMBER 2000)

All resolutions considered by shareholders at the Annual General Meeting held at 10:00am on Thursday 30 November 2000 were approved.

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PETROZ (30 NOVEMBER 2000)

Agip Energy (Australia) Pty Ltd increased its relevant interest in Petroz NL on 29/11/2000, from 28,960,275 ordinary shares (12.80%) to 29,511,890 ordinary shares (13.04%).

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PLACER DOME (30 NOVEMBER 2000)

Placer Dome Inc is pleased to report on its continuing strong financial and operating performance. Consolidated net earnings were $34 million or $0.10 per share in the third quarter of 2000, compared with $17 million or $0.06 per share in the same period last year. Cash flow from operations amounted to $146 million in the third quarter, up from $99 million in the third quarter of 1999. Mine operating earnings increased to $101 million from $83 million in the corresponding period last year.

For the first nine months of 2000, Placer Dome recorded net earnings of $1 million (nil per share), versus $28 million ($0.09 per share) in the year earlier period, due primarily to the $116 million write-off of the Las Cristinas project in the second quarter and realized and unrealized currency derivatives losses from the Corporation's currency hedging program. For the first nine months of 2000, cash flow from operations totalled $361 million, compared with $237 million for the period in 1999, due primarily to the increased contribution from Zaldivar. Mine operating earnings for the first nine months increased 46%, rising to $334 million from $229 million in the year-earlier period.

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PRESTON RESOURCES (30 NOVEMBER 2000)

October was the third consecutive month of record metal output. Operations have steadily progressed towards maintaining steady state, which has shown performance benefits throughout the plant. Operational performance was good for most of the month with only minor difficulties in the leach plant impairing performance in the last week of October.

Metal output was 685 tonnes of nickel and 45 tonnes of cobalt. This was achieved by higher leach throughput rates and improved management of gypsum precipitation in the solvent extraction circuit. In addition 25 tonnes of inventory was processed.

Total costs for October were 10% above plan, primarily due to cost overruns in Refinery.

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REDFIRE RESOURCES (30 NOVEMBER 2000)

HIGHLIGHTS FROM CHAIRMAN ADDRESS AT THE AGM:

1. The Company announced yesterday that it had completed the Sale Agreement with Normandy Mining Investments Pty Ltd for acquisition of Normandy's Broken Hill mining interests. This includes Consolidated Mining Lease 7 that covers the central 3.8 kilometres of the Broken Hill zinc-lead-silver lode.

2. The Company is focusing on unmined underground resources as the basis for recommencing sustained mining operations at Broken Hill. Compilation and interpretation of old drill hole data has outlined higher grade sections of the unmined western lode system that are the basis for a mine plan study to apply mechanised mining with decline access. Based on the Company's most recent analysis of the drill data, calculated resources in the indicated and inferred categories are:

1.26 million tonnes @ 7.70% zinc, 4.91% lead, 52.7gm/t silver using
7.5% lead + zinc cut off grade and ore specific gravity of 3.25.

2.20 million tonnes @ 5.97% zinc, 4.07% lead, 48.7gm/t silver using
5.0% lead + zinc cut off grade and ore specific gravity of 3.21.

These are contained within a much larger mineralised zone where the drill spacing is too wide for resource estimation. The mineralisation is open at depth and along strike.

3. Metallurgical test work and infill drilling are planned for identified open cut resources.

4. Exploration targets with the potential for repeats of the high grade Broken Hill lode are being identified from compilation of the extensive past drilling and geological database.

5. Due diligence studies are at an advanced stage on acquisition of Pinnacle Mines Pty Ltd. Broken Hill type mineralisation is present at the Pinnacle Mine located approximately 10 kilometres south of Pasminco's southern Broken Hill operations. Past drilling beneath old workings has located a series of zinc-rich lodes which have the potential for an open cut resource of greater than 2 million tonnes. The mineralisation is open at depth and along strike. Significant gold values have also been intersected in the drilling. Compilation and modeling of the data is in progress to confirm the resource potential. Metallurgical test work is being conducted on stockpiled Broken Hill ore and zinc-rich tailings totaling approximately 250,000 tonnes located at the Pinnacle Mine.

6. To more accurately reflect the future direction of the Company, the Directors propose to seek shareholder approval to change the name of the Company to Consolidated Broken Hill Ltd.

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RESOURCE EXPLORATION (30 NOVEMBER 2000)

All the resolutions put to the shareholders of the company at the Annual General Meeting held on 30 November 2000 were passed without amendment.

Subject to shareholder approval today 30 November 2000, the share consolidation for Resource Exploration Limited (the "Company") will become effective on Friday 1 December 2000.
The reconstruction is by way of consolidating every 3 fully paid ordinary shares into 1 fully paid ordinary share. Fractions will be rounded up to the nearest whole number.

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SIROCCO RESOURCES (30 NOVEMBER 2000)

All resolutions to be considered were passed at the Annual General Meeting of the Company held today.

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SPINIFEX GOLD (30 NOVEMBER 2000)

All resolutions to be considered were passed at the annual general meeting of shareholders held on Wednesday, 29 November 2000.

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STRIKER RESOURCES (30 NOVEMBER 2000)

All resolutions proposed at the AGM were passed unanimously on a show of hands.

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TALON RESOURCES (30 NOVEMBER 2000)

At the Annual General Meeting held on 29th November 2000, all resolutions as set out in the Notice of Meeting were passed.

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TUART RESOURCES (30 NOVEMBER 2000)

Tuart Resources NL since its listing in August 2000 has undertaken an exploration programme on its Cashmere Downs Project. The programme comprised a continuous exploration of soil sampling over portions of the Western Shear, stream sampling over the Western Shear and a review of the stream sample results of the whole of the tenement.

A preliminary drilling programme was designed to follow up target A4 which indicated gold from 64 ppb to 4 g per tonne over three metres and to test for the presence of gold in association with or close to the sulphide gossan. The tests were positive.

A follow-up drill programme of approximately 3,000 metres is planned for mid-February to test some of the targets defined by the exploration conducted from September to December period.

The airborne EM coverage of five project areas has been completed. The results are being interpreted and the preliminary analysis has been used in location of the January drill holes.

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UNION CAPITAL (30 NOVEMBER 2000)

The 2000 Annual General Meeting of the Company was held today as scheduled and that all resolutions on the agenda were passed.

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WMC (30 NOVEMBER 2000)

Mr T C-E (Tommie) Bergman has accepted an invitation to join the Board of the Company and his appointment as a non-executive Director will be effective from 1 January 2001.

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WOODSIDE PETROLEUM (30 NOVEMBER 2000)

Woodside and Phillips Petroleum Company Australia today announced that they have reached in-principle agreement to pursue cooperative development of their Timor Sea gas resources. Phillips is the unit operator of the Bayu-Undan venture, and Woodside operates the Greater Sunrise venture.

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ACCLAIM URANIUM (29 NOVEMBER 2000)

Each of the five resolutions put to shareholders at the Annual General Meeting held on 29 November 2000 were passed by the shareholders.

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ANACONDA NICKEL (29 NOVEMBER 2000)

Anaconda reports that Murrin Murrin has resumed normal end to end operations as a result of the foreshadowed Acid Plant recommissioning. Normal operations of 120 tonnes of acid production per hour has also resumed.
Nickel production for the month of November will be about 1,350 tonnes and 100 tonnes of Cobalt despite the Acid Plant shutdown.

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AMITY OIL (29 NOVEMBER 2000)

Velimese-1 Daily Update - Gas shows of 7-23% total gas (C(1) only) reported over the interval 1142 to 1162 metres in Danismen Formation sandstones and shales, in background gas levels of 1 to 4%. The significance of these shows will be determined from wireline logging to be carried out when the well reaches TD in the 311mm (12.25 inch) hole.
The well was drilling ahead at 1358m at midnight, Turkish time.

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ASHTON MINING (29 NOVEMBER 2000)

Robert T Boyd, President and CEO of Ashton Mining of Canada Inc. (AMCI) advises that AMCI has suspended the marketing of the flow-through private placement announced on November 8, 2000.
AMCI will decide whether to proceed with a flow-through financing upon receipt of the results from the drilling programs completed earlier in the fourth quarter.

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CENTAMIN EGYPT (29 NOVEMBER 2000)

Drilling at Sukari Prospect Egypt

Hole 160 at 10202.8mN and 10583.4m E at RL 118.9m drilled at 85 degrees grid west has intersected the following mineralisation, well outside the current pit design and the previously calculated resources:

131m@1.6 g/t from 185m, including 25m@3.49g/t from 228m, including 9m@6.00g/t from 237m. A further intersection of 4m@5.79g/t from 302m included 1m@20.1g/t from 305m.
A resource up-grade will follow shortly.

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CONSOLIDATED MINERALS (29 NOVEMBER 2000)

At the annual general meeting, all of the resolutions as outlined in the Notice of Meeting were passed without amendment.

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COPPER MINES AND METALS (29 NOVEMBER 2000)

At the AGM, the resolutions 1 and 3 in the notice of meeting were considered by shareholders and duly passed.
Resolution 2 was withdrawn due to the resignation of Mr Prentice prior to the Meeting.
The Meeting also considered and duly re-elected Mr Rodger Johnston as a Director of the Company pursuant to Section 25OR of the Corporations Law.

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CREST MAGNESIUM (29 NOVEMBER 2000)

At the annual general meeting, all three resolutions as outlined in the Notice of Meeting were passed without amendment.

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CROESUS MINING (29 NOVEMBER 2000)

Davyhurst Production Forecast & Capital Return

DAVYHURST PROJECT

• Over 110,000 metres of drilling and 3,000 drill holes completed since June 2000
• Gold resources increased to over 540,000 ounces
• Initial production forecast of over 200,000 ounces
• Mining to commence in January 2001
• Net cash from operations of over $40 million estimated

BINDULI

• Fort William Mining Lease granted
• Binduli production should continue until at least 2002

CORPORATE

• Binduli and Davyhurst production for calendar 2001 forecast to exceed 140,000 ounces
• Cash reserves of $20 million with no debt
• Capital return of 5 cents per share to be distributed to shareholders January 2001 (subject to shareholder approval)

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FIMISTON RESOURCES & TECHNOLOGY (29 NOVEMBER 2000)

Oil analysis results have been received from 3 recent drill holes completed at the Companies 50% owned Julia Greek Oil Shale Project in Queensland.
The Fimiston drilling returned an average assay of 73.18 litres per tonne. The assays confirm the high-grade nature of the Southern Proposed Pit. The Southern Proposed Pit is one of three proposed pits designed by CSR that contain an in situ resource of 1789 million tonnes at an average grade of 63.5 l/t containing 715 million barrels of oil.

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GALLERY GOLD (29 NOVEMBER 2000)

All three resolutions put to the Annual General Meeting this morning have been carried on a show of hands.

Mulpane Prospect - New Drilling Results

Highlight of the new drilling at Mupane Area 1 has been strong gold intersections in Holes MUPC 83 and MUPC 87 . Hole MUPC 83 intersected 49 metres @ 4.3 g/t gold including 25 metres @ 5.4 g/t gold and terminated in mineralisation due to drilling difficulties. Hole MUPC 87, drilled 20 metres updip from Hole MUPC 83, intersected 58 metres @ 5.3 g/t gold including 8 metres @ 18.7 g/t gold and a further deeper intersection of 13 metres @ 7.4 g/t gold including 5 metres @ 12.6 g/t gold.

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GAWLER GOLD & MINERAL EXPLORATION (29 NOVEMBER 2000)

All three resolutions put to the Annual General Meeting have been carried. For more information on Gawler Gold, click here.

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GOLDEN TRIANGLE RESOURCES (29 NOVEMBER 2000)

The company welcomes the appointment of Mr Myer Herszberg to the board as a non-executive Director. The company has reluctantly accepted the resignation of Mr Matthew Wigzell, a non-executive director since its incorporation in 1994.

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GREATER PACIFIC GOLD (29 NOVEMBER 2000)

All resolutions placed before today's annual general meeting were carried.

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HARDMAN RESOURCES (29 NOVEMBER 2000)

The resolutions contained in the Notice of Annual General Meeting were today passed on a show of hands.

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HILLGROVE GOLD (29 NOVEMBER 2000)

Third Quarter Activities Report - HIGHLIGHTS

Underground development progressed well during the quarter. The final dewatering of the Eleanora Mine, the completion of development on Syndicate Lode 7 level and the development of the first ore shoot in Brackins Spur will allow for the planned operation of three separate mining production areas on the Hillgrove Field. Development Consent for the construction of the antimony trioxide plant has been granted and some bulk earthworks commenced on the plant site.

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INDIAN MINING CORPORATION (29 NOVEMBER 2000)

The securities of Indian Mining Corporation will be suspended from Official Quotation at the commencement of trading on 29 November 2000, pending the release of further details to the market concerning the Company's intention to acquire all the issued capital that it does not currently own in IP Services Inc.

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INTERCONTINENTAL GOLD & MINERALS (29 NOVEMBER 2000)

All resolutions proposed at the annual general meeting of shareholders of IGM Group Limited held on 29 November 2000 were passed without amendment.

During October 2000 the Joint Venture commissioned an independent review of the feasibility of mining the Janet Ivy deposit, both on a heap leach and a toll treatment CIP basis.
Following and pursuant to that review the total independent value assigned to the joint venture tenement "depending on the circumstances of the prospective purchaser" was between $50,000 and $400,000.
Subsequent to review in turn by the company's consultant geologist, the Directors wish to advise that agreement has been reached with Intermin Resources Ltd, the 75% interest holder in the tenement for that company to acquire IGM's 25% interest for a consideration of $100,000.
Settlement of the sale and purchase of that interest is scheduled for 30th November 2000.

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IVANHOE MINES (29 NOVEMBER 2000)

In October, Ivanhoe announced that it is considering various options to generate additional cash and/or reduce expenditures in support of the ABM merger. As a start, Ivanhoe has taken immediate steps to significantly reduce its exploration activities, which it believes will save the company up to US$4 million annually. The company's planned 2001 exploration programs will be restricted to South Korea and Mongolia.

Ivanhoe is also looking at the possibility of disposing of certain of its non-core, non-performing gold assets, including its shareholdings in Emperor Mines Limited and the Bakyrchik Gold Mine.
Ivanhoe owns approximately 18% of the issued common shares of Emperor Mines, an Australian Stock Exchange-listed company. Emperor produced 143,000 ounces in the year ended June 30, 2000, from its gold mine in Fiji. The production was the highest ever achieved in the mine's 65 years of operation. However, over the past few months Emperor has been beset with a number of serious operational problems as well as difficulties resulting from Fiji's recent political instability.

The Bakyrchik Mine remained on care and maintenance during the quarter. Decisions on future development plans at the mine are contingent on gold prices achieving levels consistently higher than the recent market values.

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KURNALPI GOLD (29 NOVEMBER 2000)

The two resolutions detailed in the attached Notice of Meeting were put to the meeting and approved by the shareholders.

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MINOTAUR GOLD (29 NOVEMBER 2000)

Shareholders of the Company passed all resolutions (ie Resolution 1) considered before the meeting today. For more information on Minotaur Gold, click here.

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NORWEST ENERGY (29 NOVEMBER 2000)

Rockfield Investment Ltd, increased its relevant interest in Norwest Energy NL on 22/11/2000, from 27,433,060 ordinary shares (35.81%) to 28,562,053 ordinary shares (37.28%).

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NUGOLD HILL MINES (29 NOVEMBER 2000)

All resolutions put to the members at the AGM were passed.

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OROGEN MINERALS (29 NOVEMBER 2000)

In a report to the ASX for the quarter ending 30 September 2000, Orogen Minerals Limited ("Orogen") noted that the company had been served, and was evaluating, a "sole-risk" notice from Oil Search Limited in relation to drill testing the Saunders and SE Gobe Deep prospects. These prospects are located in an area covered by Petroleum Development Licence - 4 ("PDL-4"), to the east-south-east of the South East Gobe oil field in Papua New Guinea. Orogen owns 30.1875% of PDL-4.

Orogen has evaluated the sole risk proposal and following a meeting of all PDL-4 joint venture participants, the sole risk notice has been withdrawn. All participants in the PDL-4 joint venture have agreed to the following:

• A further seismic strike line and possibly a further dip line will be acquired in the vicinity of the Saunders/SE Gobe Deep Prospects with the objective of supplementing existing seismic data and confirming closure of the SE Gobe Deep structure. Line cutting will commence in early February 2001.
• Analysis of acquired data will occur promptly, to determine the optimal location for drill testing the Saunders and/or SE Gobe Deep Prospects. A decision to test both Prospects from a single well or from two separate wells will be made as part of the data evaluation.
• If needed, construct a well pad(s) and drill a well(s) to test the Saunders and SE Gobe Deep prospects. Spudding of the first well is scheduled for the third quarter 2001.

The unrisked, expected range of recoverable reserves associated with the Saunders and SE Gobe Deep Prospects are estimated to be as follows:

P90 P50 P10

Saunders Prospect
Recoverable Oil (MMSTB) 7.6 20.0 52.6

SE Gobe Deep
Prospect Recoverable Oil (MMSTB) 10.3 51.1 253.9

Given the potential size of reserves and proximity of the Saunders and the SE Gobe Deep prospects to existing processing facilities and flowlines, Orogen places a high priority on testing of these prospects.

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PALADIN RESOURCES (29 NOVEMBER 2000)

The Placement totalling $1.3 million has been completed. Of this amount, $800,000 is subject to shareholder approval at the Annual General Meeting to be held tomorrow.

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PANCONTINENTAL OIL & GAS (29 NOVEMBER 2000)

All resolutions as per the notice of meeting were passed on a show of hands at the annual general meeting of shareholders held today.

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PETROZ (29 NOVEMBER 2000)

Agip Energy (Australia) Pty Ltd increased its relevant interest in Petroz NL on 28/11/2000, from 27,262,317 ordinary shares (12.05%) to 28,960,275 ordinary shares (12.80%).

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PILBARA MINES (29 NOVEMBER 2000)

All resolutions put to the Company's shareholders, as per the Notice of Annual General Meeting and explanatory statement, for the Annual General Meeting held earlier today were carried.

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QCT RESOURCES (29 NOVEMBER 2000)

All resolutions set out in the Notice of Meeting were passed without amendment.

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RANGER MINERALS (29 NOVEMBER 2000)

At the Annual General Meeting of Members of the Company held this morning, all business of the Meeting was passed.

The Chairman of Ranger Minerals Ltd, Mr Ian Trahar, announced at the Company's Annual General Meeting today that Ranger will pay an interim cash dividend of 5 cents a share.

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REDFIRE RESOURCES (29 NOVEMBER 2000)

The Company's subsidiary, Rangeside Pty Ltd has completed the formal Sales Agreement with Normandy Mining Investments Pty Ltd for acquisition of Consolidated Mining Lease 7 (CML 7) and associated mining assets at Broken Hill.

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REEFTON MINING (29 NOVEMBER 2000)

The Annual General Meeting of the Company was convened in Perth today and it was resolved to adjourn the Annual General Meeting to Friday, l5th December 2000 at 12.30pm WST.

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RESOLUTE (29 NOVEMBER 2000)

Resolute announced significant results from a combined RC and diamond drilling (DDH) programme at Golden Pride.
The programme, of approximately 8,000m commenced in September. It is designed to test three areas along the strike of the deposit where recent remodelling and re-optimisation of the mineralisation suggests the pit can be deepened.
The drilling in-fills previous wide spaced (50m) drill sections and extends the drilling beneath the current pit. It is aimed at establishing continuity and grade of mineralisation in these areas.
It is intended to remodel and reoptimise the pit and produce a revised Life of Mine plan for the operation once all the results are available.

A total of 24 RC holes, 16 RC precollars and 16 diamond holes ("DDH") have been completed. Results for the precollars, 19 RC holes and one DDH have been received. A further 12 RC holes and one DDH are planned.
Continuity of the higher grade, plunging shoots has been demonstrated in the 11400E to 11600E area. Extensions to known mineralisation beneath the current pit design between 11900E and 12100E have also been confirmed.
The most significant result is from GPR370D which intersected two wide zones of mineralisation of 34m at 4.84g/t between 156-190m and 30m at 3.39g/t gold between 265 and 295m on section 11550E.

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RESOURCE EXPLORATION (29 NOVEMBER 2000)

The securities of Resource Exploration Limited will be suspended from Official Quotation from the commencement of trading on Wednesday 29 November 2000, pending the results of the Company's annual general meeting to be held on Thursday 30 November 2000 in relation to a proposal to change its activities.

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SARACEN MINERAL HOLDINGS (29 NOVEMBER 2000)

The resolutions considered at the Annual General Meeting of Saracen Mineral Holdings Limited on 29 November 2000 were passed by the requisite majority.

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ST BARBARA MINES (29 NOVEMBER 2000)

Significant assays have been received from the first holes of a 21 hole, 3400 metre infill and extension RC drilling programme at NOA2, 30 km south of the Bluebird CIP plant.
Two holes testing for down-dip extensions to the mineralized zone had only low value intercepts and showed it was closed at depth (140 metres below surface) on the two drill sections tested in the south-central part of the target zone. However, three infill holes in the same part of the target zone, and to a maximum depth of 115 metres below surface, all cut significant gold mineralization - 8 metres at 20.98 (including 3 metres at 53.63 g/t) with a separate up-hole intercept of 12 metres at 1.88 g/t, 10 metres at 8.57 g/t, and 4 metres at 12.72 g/t. Complete details are shown on the accompanying table; true widths are approximately 90% of drill intercepts.

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WESTGOLD RESOURCES (29 NOVEMBER 2000)

The resolutions considered at the Annual General Meeting of Westgold Resources NL on 29 November 2000 were passed by the requisite majority.

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ALCASTON MINING (28 NOVEMBER 2000)

Clarke B Dudley decreased his relevant interest in Alcaston Mining NL on 10/11/2000, from 3,760,000 voting shares (11.38%) to 4,760,000 voting shares (10.04%).

Drilling to commence on S.A. diamond exploration project.

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AMITY OIL (28 NOVEMBER 2000)

The Board of Amity Oil NL announced the appointment of Michael Blakiston as a Non-Executive Director and Gary Steinepreis as joint Company Secretary.

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ASHANTI GOLDFIELDS COMPANY (28 NOVEMBER 2000)

Ashanti announced that it has secured the approval of its shareholders, at an Extraordinary General Meeting held at Obuasi, Ghana on 27 November, 2000, for the sale of a 50% interest in its Geita gold mine in Tanzania to AngloGold Limited ("AngloGold") and for the parties to enter into a joint venture to jointly operate and manage the Geita Project.

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ASHBURTON MINERALS (28 NOVEMBER 2000)

The securities of Ashburton will be suspended from quotation from the commencement of trading on Wednesday 29 November 2000, at the request of the Company, pending release to the market of an announcement concerning a proposal to change the Company's activities.

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ASHTON MINING (28 NOVEMBER 2000)

As at 5:30pm yesterday, Rio Tinto had received acceptances giving it 94.7% of Ashton.
Rio Tinto has now satisfied the requirements for compulsory acquisition under section 661A of the Corporations Law and intends to issue compulsory acquisition notices as soon as possible.

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AUSTRAL COAL (28 NOVEMBER 2000)

Austral Coal's Tahmoor Colliery now has a mine life of at least a further 20 years following an interim expansion report by International Mining Consultants (IMC).
In its interim report on the optimum future development of Tahmoor Colliery, IMC has recommended development of the Tahmoor North reserves ahead of the Bargo area and says the Tahmoor North expansion will sustain around ten years of mining in addition to the current mine-life estimate.

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AUSTRALIAN WORLDWIDE EXPLORATION (28 NOVEMBER 2000)

AWE advised on behalf of its wholly owned subsidiary AWE Argentina Pty Limited that the Puesto Carrelini-1 well in CNQ-16/A in the Neuquen Basin, Argentina has commenced drilling operations .
Puesto Carrelini-1 commenced drilling operations on November 23, 2000 and as at 2000 hours on November 27 the well had reached a depth of 639 metres and was preparing to drill out of surface casing. The well is planned to be drilled to a total depth of 2400 meters.

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BEACH PETROLEUM (28 NOVEMBER 2000)

Beach Petroleum reports that Kenmore-23 has reached a total depth of 1,572 metres. A drill stem test of the Hutton Sandstone has flowed oil at a rate of approximately 190 barrels per day. The well will be cased and suspended for future completion as an oil production well.
Subject to weather conditions, the next well in the program, Kenmore-25, is expected to spud early next week.

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BHP (28 NOVEMBER 2000)

BHP announced it has agreed to sell BHP Petroleum (North West Shelf) Pty Ltd's interest in the Timor Sea located Buffalo oil field to the InterOil Corporation (InterOil) for US$21 million.

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BLIGH OIL & MINERALS (28 NOVEMBER 2000)

The Rimu B-2 has reached a total depth of 3542 metres measured depth in Rimu limestone. 7" casing has been set at a depth of 3421 metres. Due to loss of cement to the fracture zone during cementing operations, it has been necessary to re-cement the lower portion of the 7" string, and a cement squeeze has been carried out. Current operations consist of the drilling out of cement back into open hole below the 7" casing shoe.

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BOLNISI GOLD (28 NOVEMBER 2000)

All resolutions put to shareholders at the Annual General Meeting of Members as set out in the Notice of Meeting were passed unanimously on a show of hands.

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CENTAMIN EGYPT (28 NOVEMBER 2000)

An agreement with WMC Resources regarding the Nelson's Fleet Gold prospect (M15-570) near Kambalda has been finalised whereby WMC Resources will pay a royalty to Centamin Egypt Limited for every tonne of ore mined from the property.
WMC's Saint Ives Gold Treatment Plant is about 5 kilometres from the Nelson's Fleet Gold Prospect.

Drilling by Centamin has tested about 200m of the 700 metres strike length of the mineralised body and 250,000 ounces was delineated in a measured resource of 2.5 million tonnes averaging 2.7g/t gold to a depth of 150 metres. The system is capable of hosting many more ounces.
The royalty payment is expected to provide substantial income to Centamin in the future.

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CENTAUR MINING & EXPLORATION (28 NOVEMBER 2000)

The resolution for the re-election of Mr J I Gutnick as a Director which was put to Members at the Annual General Meeting held today was passed on a show of hands.

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CONTACT ENERGY (28 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued.

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FIMISTON RESOURCES & TECHNOLOGY (28 NOVEMBER 2000)

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

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GOLDEN TRIANGLE RESOURCES (28 NOVEMBER 2000)

The Directors announced that a worldwide patent has been applied for a new multifunctional magnesium electrolyzer that could double the efficiency of existing cells. The process has arisen by combining the two research projects ('A' & 'B') that have been underway at the Joint Israeli-Russian Laboratory for Energy Research at Ben Gurion University of the Negev, in Israel, since April 2000, into one physical unit.

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GOLD PARTNERS (28 NOVEMBER 2000)

All resolutions put to shareholders at the company's Annual General Meeting were carried on a show of hands.

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HILLCREST RESOURCES (28 NOVEMBER 2000)

Mungala Investments Pty Ltd became a substantial shareholder in Hillcrest Resources Limited on 23/11/2000 with a relevant interest in the issued share capital of 7,028,000 ordinary shares (8.66%).

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HITEC ENERGY (28 NOVEMBER 2000)

The Resolutions put to Members of HiTec Energy NL at the Annual General Meeting on the 27th November 2000, were passed.

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INTERCONTINENTAL GOLD & MINERALS (28 NOVEMBER 2000)

The name of Intercontinental Gold & Minerals NL has been changed to IGM Group Limited, with effect from 21 November 2000. The status of the Company has also been converted from a no liability company to public company.

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KINGSGATE CONSOLIDATED (28 NOVEMBER 2000)

Arinya Investments Pty Ltd became a substantial shareholder in Kingsgate Consolidated NL on 24/11/2000 with a relevant interest in the issued share capital of 3,037,235 ordinary shares (5.00%).

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LIHIR GOLD (28 NOVEMBER 2000)

Lihir Gold is pleased to announce the completion of its senior debt refinancing. The new loan is in the form of a 4.6 year US$50 million revolving credit facility arranged and underwritten by ABN - AMRO Australia Limited. Commonwealth Bank of Australia, Deutsche Bank AG, Sydney Branch Macquarie Bank Limited and SG Australia Limited are participating with ABN AMRO Australia Limited as financiers of the structure.

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MID-EAST MINERALS (28 NOVEMBER 2000)

All resolutions contained in the Notice of Meeting were carried at the General Meeting of the company held in Melbourne.

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MOLOPO AUSTRALIA (28 NOVEMBER 2000)

PROSPECTUS - For an issue of up to 16,500,000 Shares and 8,250,000 free attaching Options to be issued on the basis of one Option for each two Shares subscribed for at an issue price of $0.07 (7 cents) per Share payable in full on application to raise up to $1,155,000

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MOUNT BURGESS GOLD MINING COMPANY (28 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,182,222.

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NEW ZEALAND OIL & GAS (28 NOVEMBER 2000)

All matters of business were approved at the annual general meeting of shareholders held today.

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NOVUS PETROLEUM (28 NOVEMBER 2000)

Novus announced that its Neith South-3X appraisal well in the southwestern part of the Khalda Offset Concession in Egypt's Western Desert has tested oil . The well flowed at a rate of 1,100 barrels of oil per day from one zone in the Jurassic age Khatatba Formation. The oil has a specific gravity of 45 degrees API.
Neith South-3X was drilled 1.5km east of the discovery well, Neith South-1X. It was spudded on 20 August 2000 and reached a total depth of 4556 metres on 5 November 2000.

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PASMINCO (28 NOVEMBER 2000)

A fire in an overhead concentrate conveyor system last night has required a production stop at its Hobart Smelter. There were no injuries in the fire however damage to the conveyor system is extensive. The conveyor transports concentrate feedstock from the wharf area to the primary leach process area.

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PIMA MINING (28 NOVEMBER 2000)

SAMAG Limited has purchased the Myrtle Springs and Huandot magnesite deposits from Unimin Australia Limited (formerly Normandy Industrial Minerals Ltd (NIML)) for A$480,000 cash.

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PLATGOLD PACIFIC (28 NOVEMBER 2000)

All resolutions as set out in the Notice of Meeting dispatched to shareholders or 27 October 2000 were passed at the Company's Annual General Meeting held today.

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RESOURCE EXPLORATION (28 NOVEMBER 2000)

A letter of agreement has been reached with Magmatic Metals Ltd for the option of the majority of the company's exploration portfolio.
The main terms of the option are 2 years for exercise, at a price of $200,000, and Magmatic has taken over all tenement maintenance and holding costs effective from today.
The tenements the subject of the option agreement include all of the Mt Gibson tenement holdings of ResX, which form the majority of its mining tenement interests and tenement holding costs Magmatic is associated with two former directors of ResX, Brian Richardson and Simon Attwell.
Negotiations are also in progress for sale of all other tenement holdings.

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TAP OIL (28 NOVEMBER 2000)

The Rubicon-1 exploration well spudded at 16.30 hours on Monday, 27 November 2000.

The Harriet Joint Venture ("HJV") has agreed with Origin Energy to increase the contract quantity for the Gas Sale Agreement entered into in July 1997.
Specifically, an additional daily contract quantity of up to 9 TJ/d to the end of the contract in 2008 representing a further contract quantity of approximately 25 PJ has been contracted. The gas is to supply Origin Energy's customers, which includes Anaconda's requirements for the Murrin Murrin nickel cobalt project.

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VICTORIA PETROLEUM (28 NOVEMBER 2000)

All resolutions put to shareholders at today's Annual General Meeting were passed.

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WMC (28 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 1,546,683.

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WOODSIDE PETROLEUM (28 NOVEMBER 2000)

Woodside , Operator of the WA-1-L Joint Venture, reports that the Gaea-1 exploration well located in the Carnarvon Basin was performing wireline testing operations on 21 November 2000. The present depth of the well is 4110 metres. All reported depths are referenced to the rig rotary table.

Initial interpretation of the wireline logging data indicates two separate gas accumulations. The well intersected 22 metres of net gas in the upper reservoir and, to date, 95 metres of net gas column has been drilled in the lower reservoir. The forward plan is to complete wireline sampling operations and then continue drilling to the base of the gas in the lower reservoir. As a consequence of the hydrocarbons so far encountered, the well will be deepened from an initial total depth of 3950 metres to a depth where the gas water contact is intersected.

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The independent directors of Woodside Petroleum Ltd met today, in the absence of the Shell-nominated directors, to consider the Bidder's Statement received from Shell Australia Investments Limited.

The Shell bid offers $14.80 cash for each Woodside share and one call option over one Woodside share. The option is exercisable at $14.80 if a proposal from Shell, which involves the sale of a significant parcel of assets to Woodside in return for 333 million new Woodside shares, is approved by Woodside shareholders.

The view of the independent directors is that Shell's takeover offer is inadequate. It does not contain an adequate premium for transfer of control of the company to Shell. The directors will provide shareholders with detailed recommendations shortly.

QUEENSLAND GAS (27 NOVEMBER 2000)

QUEENSLAND GAS COMPANY’S COALBED METHANE WELL ARGYLE NO. 1 FLOWS GAS AT A RATE IN EXCESS OF 1 MILLION CUBIC FEET PER DAY

The Directors of Queensland Gas Company (QGC) are pleased to announce that the second well in their five well Initial Drilling Program, Argyle No. 1 coalbed methane (CBM) well, has flowed CBM gas from coal seams of the Walloon Coal Measures over the interval 220 metres to 253 metres to the surface through a 1 inch choke at a rate in excess of 1 million cubic feet per day day (28,300 cubic metres per day).

Argyle No. 1 is located approximately 25 km southwest of the township of Chinchilla in the Surat Basin in Queensland and approximately 31 km west of QGC’s first well Wyalla No. 1 which flowed CBM gas at a rate of approximately 75,000 cubic feet per day. Programmed total depth for Argyle No. 1 is approximately 350 metres. For details, click here.

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ARC ENERGY (27 NOVEMBER 2000)

The following review of operations includes the information supplied by the Managing Director at the 2000 AGM of ARC Energy held on Monday, 27 November 2000.

DONGARA FIELD RESERVES
Subsequent to the preliminary reserves determination of the Dongara Field completed in July of this year, the Company has undertaken on a very detailed and technically rigorous review of the Field to attempt to more clearly define the reserves.
This review included the reprocessing and pre-stack depth migration (PSDM) of the 3D seismic data over the Dongara and Yardarino Fields and a full field reservoir simulation of the two fields. This process has taken somewhat longer than anticipated, partly due to the complexity of the model and the necessity to ensure a "best fit" solution was attained.

The process has provided the first analysis of the field using modem engineering techniques and the first full field reservoir simulation solution. The review also included production of a considerably more reliable structural map from the 3D PSDM volume. This review has now reached a point where preliminary conclusions can be drawn. These conclusions have received an initial review by a further independent consultant and are regarded as conservative.

The preliminary estimate of the total proved plus probable (2P) reserves of the Dongara and Yardarino Fields is some 28 BCF with a total of 42 BCF in the proved plus probable plus possible (3P) category. As with previous estimates of reserves in the Fields, these reserves will require a program of workovers or new wells to be fully accessed. The estimate of the 2P reserves of the Fields as at July 2000 was some 27 BCF.
An independently audited reserves report will also be prepared after the completion of further reservoir simulation work by AmSOL as described below.

DONGARA OIL LEG
AmSOL's decision to proceed with the second stage of the Dongara oil leg evaluation program is dependent on their further technical assessment of the full field reservoir simulation for potential oil recoveries. As it will require at least a further three weeks to complete these additional technical studies, and given the upcoming holiday season, the date for AmSOL's decision has been extended to no earlier than 15 January 2001.

MIDLAND BRICK LITIGATION
The results of a recent preliminary court hearing on this matter have reinforced the Company's view that the action is opportunistic and has no legal or commercial merit and it will continue to be vigorously defended.
The recently announced Origin farmin is currently being formally documented with a target completion date of 31 December, 2000.
Origin and ARC have also recently jointly called for bids for drilling rigs for the planned ARC development and Origin exploration drilling programs. It is intended to drill the first well in the Origin farmin program as part of the joint drilling program commencing in the first quarter of 2001.

WA-286-P OFFSHORE DONGARA
The WA-286-P joint venture has also recently called for bids for drilling rigs for the Cliff Head-1 prospect. As all approvals to drill this well are in place, it will be spudded as soon as a suitable rig becomes available.

AC/P27
Farmout negotiations on this permit are continuing with the intention of drilling a well on the Sleeper Prospect in the first half of 2001.
Of particular interest is the recent commitment by the Nippon led joint venture in the adjoining AC/P23 permit to drill the Saucepan-1 well in January 2001 (subject to rig availability). This well follows the large Crux-1 gas condensate discovery recently made by Nippon in AC/P23.

The Saucepan-1 prospect is adjacent and geologically very similar to the Dooner Prospect on AC/P27. ARC's mapping of the Saucepan prospect using open file seismic data suggests the structure may in fact lie partly on AC/P27.
The Saucepan-1 well will have a considerable impact on AC/P27 if it is a hydrocarbon discovery.

CORPORATE
As discussed in the Company's Annual Report, ARC has a very strong commercial and strategic position in the Perth Basin and the WA gas market. It also has highly prospective exploration areas which require intensive drilling activity to properly explore.
The Origin farmin program will now ensure that exploration on L1/L2 progresses in a technically optimum fashion and the Company is also assessing a number of options to strengthen its balance sheet and grow to an appropriate size.

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AMITY OIL (27 NOVEMBER 2000)

The directors of Amity Oil NL advise they have agreed to place up to 3 million fully paid ordinary shares at an issue price of $1.00 each to the clients of DJ Carmichael & Co. The placement will raise up to $3 million less costs of the issue.

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AUIRON ENERGY (27 NOVEMBER 2000)

AuIron has now decided to accelerate strategies to finance and progress the proposed lignite mine and associated power station. This will not divert the Company from maintaining its priority focus on the SASE Project.
In light of recent developments in the UK and Republic of Ireland energy markets, the Board has decided to accelerate its development strategy on the Ballymoney mine and power project.

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ANGLO AUSTRALIAN RESOURCES (27 NOVEMBER 2000)

All resolutions on the agenda (copy attached) for the Annual General Meeting held on 27 November 2000 were passed.

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ANVIL MINING (27 NOVEMBER 2000)

The following ordinary resolutions were passed at the Annual General Meeting.
1. To receive and adopt the Financial Statements and Director's Report for the year ended 30 June 2000 and the Auditors' Report thereon.

2. To Re-elect Directors:

(a) In accordance with Article 6.1(f)(I)(A) director Mr W S Turner retires and being eligible offers himself for re-election.

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ASHBURTON MINERALS (27 NOVEMBER 2000)

The securities of Ashburton Minerals NL will be placed in pre-open pending the release of an announcement by the Company.

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ASHTON MINING (27 NOVEMBER 2000)

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 24/11/2000, from 246,773,763 ordinary shares (76.04%) to 265,558,657 ordinary shares (81.83%).

Maple-Brown Abbott Ltd ceased to be a substantial shareholder in Ashton Mining Limited on 16/11/2000.

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AUIRON ENERGY (27 NOVEMBER 2000)

AuIron has now decided to accelerate strategies to finance and progress the proposed lignite mine and associated power station. This will not divert the Company from maintaining its priority focus on the SASE Project.
In light of recent developments in the UK and Republic of Ireland energy markets, the Board has decided to accelerate its development strategy on the Ballymoney mine and power project.

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AUSTRALIAN WORLDWIDE EXPLORATION (27 NOVEMBER 2000)

Australian Worldwide Exploration Limited advises on behalf of its wholly owned subsidiary AWE Petroleum Limited, that it has successfully bid for exploration acreage in the latest areas released by the South Australian Government.
AWE has been offered a 100% interest in PEL 84, onshore Otway basin in the southeast sector of South Australia.

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BHP (27 NOVEMBER 2000)

BHP Limited (BHP) and its joint venture partners in the Escondida copper mine in northern Chile today announced approval of the US$1.045 billion (A$1720m), Escondida, Phase IV expansion project.
A stable water supply for the project has been secured and development will commence immediately with detailed engineering now 97 per cent complete. The expansion will be complete within two years, BHP's share of the project capital expenditure is US$600 million (A$989m).

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CONQUEST MINING (27 NOVEMBER 2000)

All resolutions put to the company's shareholders as per the Notice of Annual General Meeting and Explanatory Statement announced to the ASX on 30 October 2000 were carried at the Annual General Meeting of the Company.

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CULLEN RESOURCES (27 NOVEMBER 2000)

All resolutions put to the company's Annual General Meeting held today were passed. For additional information, click here.

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DELTA GOLD (27 NOVEMBER 2000)

Delta Gold announces that Russell Chenu, Chief Financial Officer, has decided to resign to take up an appointment in early 2001 outside the resources sector.

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GOLDFIELDS (27 NOVEMBER 2000)

Perpetual Trustees Australia Limited increased its relevant interest in Goldfields Limited on 24/11/2000, from 23,774,303 ordinary shares (12.59%) to 25,800,701 ordinary shares (13.66%).

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GRENFELL RESOURCES (27 NOVEMBER 2000)

At the Annual General Meeting of the Company held earlier today, the following resolution was adopted:

ORDINARY BUSINESS
Resolution 1
"That Mr Jeffrey W Williams, a director retiring by rotation in accordance with rule 57 of the Company's constitution, being eligible for re-election and having signified his candidature for office, be re-elected as a director."
The resolution was adopted unanimously on a show of hands obviating the need for a poll inclusive of the 32 valid proxies lodged (26 in favour; 5 open and 1 abstention). For additional information, click here.

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GUNSON RESOURCES (27 NOVEMBER 2000)

Drilling to test for Olympic Dam style copper mineralisation at Elaine Prospect on the Mount Gunson project commenced today.

Elaine Prospect is a large northerly trending gravity/magnetic geophysical anomaly several kilometres long which is centred approximately 7 kilometres north east of the old Mount Gunson copper mine. It lies close to the intersection of two major faults and has been interpreted as a broad, steep, westerly dipping shear zone containing abundant iron oxides and possible copper mineralisation .
The first drill hole, MGD 26, angled 60 degrees to the east has been collared approximately 400 metres to the west of the geophysical target and is aimed to intersect it at a vertical depth of some 600 metres. This hole is being pre collared to 300 metres with a diamond core "tail" and is expected to be completed by mid December.
Data from an old diamond drill hole, EC21, completed by CSR Limited in 1980 was used to plan the location of the current hole. Hole EC 21 was drilled to the east of the Elaine Prospect geophysical anomaly but encountered strong alteration including hematite veining and black fluorite, both of which are common in the mineralised zone at the Olympic Dam deposit.

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HALLMARK CONSOLIDATED (27 NOVEMBER 2000)

John W Barr increased its relevant interest in Hallmark Consolidated Limited on 23/11/2000, from 3,418,167 ordinary shares (6.8%) to 3,718,167 ordinary shares (6.7%).

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HILLCREST RESOURCES (27 NOVEMBER 2000)

Lomp Pty Ltd ceased to be a substantial shareholder in Hillcrest Resources Limited on 23/11/2000.

John W Barr ceased to be a substantial shareholder in Hillcrest Resources Limited on 23/11/2000.

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KINGSGATE CONSOLIDATED (27 NOVEMBER 2000)

Ellaridge Pty Ltd changed its relevant interest in Kingsgate Consolidated NL from 4,838,619 ordinary shares (9.103%) to 1,933,619 ordinary shares (3.638%).

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KINGS MINERALS (27 NOVEMBER 2000)

The four resolutions were passed at the Sixteenth Annual General Meeting.

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MENZIES GOLD (27 NOVEMBER 2000)

Both resolutions to be considered were passed at the annual general meeting.

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MOUNT BURGESS GOLD MINING COMPANY (27 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,220,000.

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NEW HOLLAND MINING (27 NOVEMBER 2000)

All the resolutions put to shareholders at the Annual General Meeting held on 27 November 2000 were passed on a show of hands.

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OTTER GOLD MINES (27 NOVEMBER 2000)

All matters of business were approved at the annual general meeting of shareholders.

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PACMIN MINING CORPORATION (27 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,761,251.

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PETROZ (27 NOVEMBER 2000)

Agip Energy (Australia) Pty Ltd's relevant interest in Petroz NL on 26/11/2000 is 27,083,910 ordinary shares (11.97%).

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PLENTY RIVER CORPORATION (27 NOVEMBER 2000)

The Directors of Plenty River Corporation Limited (Plenty River) wish to advise that Plenty River and Chambal Fertilisers and Chemicals Limited (Chambal) have agreed to terminate the Memorandum of Understanding (MoU) made between them dated 22 March 1999.

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PORTMAN (27 NOVEMBER 2000)

Commonwealth Bank of Australia increased its relevant interest in Portman Limited on 21/11/2000, from 10,758,435 ordinary shares (6.09%) to 14,580,815 ordinary shares (8.26%).

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REDFIRE RESOURCES (27 NOVEMBER 2000)

The Company is in the process of finalizing formal documentation with Normandy Mining Investments Ltd in relation to the acquisition of CML 7 at Broken Hill.

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RESOURCE EXPLORATION (27 NOVEMBER 2000)

Resource Exploration Ltd, is expected this week to become a significant venture capital group, called Futurexone Ltd, specialising in broadband and internet communications.

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RIO TINTO (27 NOVEMBER 2000)

Gordon Sage, chief executive of Industrial Minerals, will retire from Rio Tinto at the end of the year.

Following his retirement, responsibility for the Industrial Minerals Group will be restructured. Argyle Diamonds, Ashton, Diavik and Dampier Salt will transfer to the renamed Diamonds, Gold and Other Products Group under its chief executive Jonathan Leslie.

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SONS OF GWALIA (27 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,897,722.

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WMC (27 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,046,683.

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WERRIE GOLD (27 NOVEMBER 2000)

Chairman`s Address to Shareholders

Thank you for joining us for the 2000 Annual General Meeting Of Werrie Gold Limited.

As always, I welcome this opportunity to inform you of the progress of the Company over The past 12 months and to talk about the Company's future.

Last year I stated that the coming year would be a difficult one for raising equity to continue our exploration activities. My family Company contributed $2 million to Werrie Gold, in June 1999 at a share price of $0.75, however cash funds have continued to be extremely tight despite the fact that Werrie Gold has reduced significantly its staff and expenses.

This year has not improved and the Company has only survived by my family Company carrying the ongoing costs. Your Board, in August, made the decision to appoint a Melbourne investment banking group, Terrain Capital, to complete a placement to raise $500,000 by issuing 6,250,000 shares at $0.08 per share for working capital to investigate other opportunities within and outside the mining industry.

Despite the difficult exploration climate, the Company was able to joint venture its Mt Hope tenements to BHP Minerals where BHP Minerals can earn up to a 70% interest in the project by spending $2.3 million with a minimum expenditure of $150,000. BHP Minerals will earn a 50% interest by spending $800,000.

Exploration work has been suspended at the, Benagerie Ridge project in the Curnamona Craton. Our joint venture partner, Pasminco Exploration is currently seeking to divest their 70% interest in Benagerie and are looking for prospective Companies who wish to joint venture or buy their equity. Werrie Gold reserves its position with respect to these tenements until Pasminco advises the result of their endeavours.

The circumstances that confront Werrie Gold greatly disappoint the Board and in particular myself.

I can assure you that the monies, time and energies expended on you behalf in Werrie Gold by the Board, our staff and myself have been at all times diligent and in the best interest of all shareholders as are the continuing decisions being made by the Board.

I wish to thank you for attending today and I will be pleased to answer any questions you may have.

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WOODSIDE PETROLEUM (27 NOVEMBER 2000)

Shell Australia Investments Limited became a substantial shareholder in Woodside Petroleum Limited on 24/11/2000 with a relevant interest in the issued share capital of 228,456,275 ordinary shares (34.27%).

THE REVISED MERGER PROPOSAL
SUMMARY
Under the Revised Merger Proposal, the Shell Group will transfer to Woodside, effective 1 January 2001, a portfolio of Australian and international oil and gas interests, and associated liabilities, in exchange for the issue by Woodside of 333.3 million new shares (being 33.3% of the expanded capital) to Shell. The new shares will not qualify for the final dividend declared by Woodside in respect of its earnings in 2000(1). Assuming that all Call Options are exercised, Shell Australia's shareholder in Woodside will increase from 34.4% to 56.2%.

MACMIN (25 NOVEMBER 2000)

All motions as per the Notice of Meeting were carried without amendments. For details, click here.

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ALLEGIANCE MINING (25 NOVEMBER 2000)

As part of its continuing exploration for high grade nickel copper deposits at Melba Flats, 10 kms north of Zeehan and 15 kms north-east of AVEBURY, Allegiance recently completed a cored drill hole MF 13 at the NICKEL REWARD prospect.
MF 13 intersected a series of narrow gabbro dykes contained within a 50 m wide interval of sediments. Each of these dykes contained significant nickel and copper mineralisation, including a very high grade interval from 88.3-89.7 m (1.1 m true width) which assayed 7.26% Ni and 2.1% Cu.
This high grade intersection is interpreted as a down-dip extension of an intersection drilled last year in drill hole MF 11 which assayed 3.6 m, 4.36% Ni and 2.86% Cu.
These two intersections are approximately 50 m apart and scope exists for the mineralisation to extend further in both strike and dip.
An additional encouraging feature of MF 13 was the nickel content of the other gabbro dykes within the zone, which suggests an overall strengthening of mineralisation to the south of previous drilling.
The four nickel sulphide bearing dykes are currently being assayed for gold and platinum group elements.

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ALLIANCE GOLD (25 NOVEMBER 2000)

Real Grumpy Pty Ltd increased its relevant interest in Alliance Gold Limited on 24/11/2000, from 2,889,586 ordinary shares (10.31%) to 5,389,586 ordinary shares (13.24%).

Alliance Gold Limited has allotted 12,703,000 fully paid.
The issued capital is now 40,719,200 shares.
Additional shares may be issued under the current Appendix 3B lodged with ASX on 6 November 2000.

DIRECTORS' INTERESTS
The Directors have interests in the following shares after the above allotments and recent on-market purchases.

DIRECTOR SHARES (AGS)

P P Andrews 5,389,586
J S F Dunlop 1,604,666
P A Stedwell 2,002,001

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AUSMELT (25 NOVEMBER 2000)

Ausmelt advised that the South Australian Steel and Energy (SASE) Project demonstration plant at Whyalla has produced its first pig iron.
The operating program is planned to extend over at least the next four months. During this time the operating parameters including changes to coal and iron ore types will be trialed. These trials will include equipment modification and testing different types of refractories necessitating planned shut downs from time to time. The operating program is aimed to provide the maximum useful data for commercial plant feasibility.

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AQUILA RESOURCES (25 NOVEMBER 2000)

Aquila is pleased to announce the completion of a Reverse Circulation Drilling ("RC") programme comprising of 9 holes for 1,232 metres at the Enterprise Project.
The RC drilling has been designed to extend the known gold mineralisation at the United North area, along strike and down dip of the previously reported results in holes UNRC03 intersecting 5m @ 3.91 g/t gold from 47 metres and 4 m @ 24.45 g/t gold from 62 metres and UNRC02 with 7 m @ 1.66 g/t from 65 metres. The initial drilling confirmed the existence of two shallow high grade mineralised zones.
The completed RC drill holes have successfully drilled to the north and south of UNRC02 and UNRC03, testing a 300 metres strike length with holes drilled to a maximum down hole depth of 171 metres.
The RC drill holes have intersected previously reported gold mineralised zones in the United North area, being a quartz stockwork within basalts and a sheared mafic - granite contact. Both zones have now been geologically identified over a 300 metres strike length to a depth of 171 metres. The deeper holes have also indicated that the mafic - granite contact pinches and swells in thickness. Intersections of 5 metres width with sulphides were encountered where the previous shallow holes had intersected 1 to 2 metre widths.
Drilling samples are currently being analysed with results expected in the next 2 weeks.

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ASHTON MINING (25 NOVEMBER 2000)

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 23/11/2000, from 232,222,489 ordinary shares (71.57%) to 246,773,763 ordinary shares (76.04%).

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AUSTRALIAN OIL & GAS CORPORATION (25 NOVEMBER 2000)

At the Annual General Meeting of members of the Company, all resolutions set out in the Notice of Meeting were duly passed.

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CONQUEST MINING (25 NOVEMBER 2000)

Brassell Holdings Pty Ltd increased its relevant interest in Conquest Mining NL on 20/11/2000, from 7,142,857 ordinary shares (6.9797%) to 13,500,000 ordinary shares (12.42%).

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DANAE RESOURCES (25 NOVEMBER 2000)

The Directors of Danae are pleased to report that at the company's annual general meeting held today, shareholders resolved to:

• adopt Danae's financial accounts for the 1999/2000 Financial Year; and
• approve the re-appointment of Director John Corcoran as a Director of Danae.

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DELTA GOLD (25 NOVEMBER 2000)

Each of the resolutions considered at the Annual General Meeting of Delta Gold Limited on 23 November 2000 was passed by the appropriate majority.

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DEEPGREEN MINERALS CORPORATION (25 NOVEMBER 2000)

Deepgreen Minerals Corporation Limited wishes to advise that it has increased its shareholding in Cassiar Magnesium Inc to approximately 30% of the issued capital. Deepgreen now holds 17.4 million shares in Cassiar with a current market value of $10.8 million.

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DIAMOND ROSE (25 NOVEMBER 2000)

Exciting results at Upper Beta Creek

The main aim of the recently completed field program was to prove the existence of kimberlite at some of the targets previously indicated by geophysics and mineralogy to have kimberlitic properties.
The very first diamond drill hole drilled this field season produced a l2cm layer of material logged as kimberlitic clay by Jeff Krenske and Kent Williams. These are geologists with many years of experience in diamond exploration, in particular crucial experience in the identification of weathered kimberlite, of the kind to be expected at Upper Beta Creek.

The extremely positive preliminary results from the recent exploration work have underscored Diamond Rose's confidence that kimberlite diatreme sources for the known alluvial diamonds at Upper Beta Creek exist in the project area.

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GEOGRAPHE RESOURCES (25 NOVEMBER 2000)

Geographe advised that the resolution put to shareholders at today's Annual General Meeting was passed.

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GOLDFIELDS (25 NOVEMBER 2000)

Hanson plc; Sinclair General Corporation ceased to be a substantial shareholder in Goldfields Limited. on 07/11/2000.

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HILL 50 GOLD (25 NOVEMBER 2000)

All resolutions put to shareholders at the annual general meeting were approved without amendment on a show of hands.

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ILUKA RESOURCES (25 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 15,885,302.

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KIMBERLEY DIAMOND COMPANY (25 NOVEMBER 2000)

The resolutions put to shareholders at the Annual General Meeting were duly passed on a show of hands.

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KIMBERLEY OIL (25 NOVEMBER 2000)

Kimberley is to proceed with the development and commercialisation of an innovative Australian-developed oil spill remediation technology after confirming that the process is capable of converting oil into a buoyant non-toxic solid which can be easily retrieved.
The Perth-based Company has made an initial payment of 500,000 Kimberley shares under an assignment of 6 November 2000 with Skylab International Ltd which will give Kimberley full rights to the technology. This technology was demonstrated today (Friday) at Kimberley's Annual General Meeting in Perth.

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MINOTAUR GOLD (25 NOVEMBER 2000)

Completion of Colloqui Sale

The Board of Minotaur Gold NL announces that the conditions precedent of both the Heads of Agreement and Share Sale Agreement between Minotaur Gold NL and Colloqui Pty Ltd whereby Minotaur may purchase the 80% of Colloqui that it does not already hold, have been met. In addition the conditions precedent in the Asset Sale Agreement between Minotaur Gold NL and Minotaur Resources Ltd have also been satisfied.
As a result, all the terms of the Resolutions outlined in the Notice of Extraordinary General Meeting, dated the 28 August 2000 have been met and the transaction has been completed.

Extension of Minotaur Resources Ltd Share Offer :

The Board of Minotaur Resources Ltd announces that it has extended the closing date of the offer to apply for Minotaur Resources Ltd shares from 24 November 2000 to 1 December 2000.

For additional information, click here.

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PLATSEARCH (25 NOVEMBER 2000)

The resolutions at the AGM on 23 November 2000 were carried by a show of hands.

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RANGER MINERALS (25 NOVEMBER 2000)

Ranger Minerals announced that it has purchased 4,500,000 common shares in General Minerals Corporation at a price of $Cdn0.28 per share in a private placement, non-brokered transaction.

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RESOURCE EXPLORATION (25 NOVEMBER 2000)

The directors of Resource Exploration advised that Mr Burkhard Brauch has been appointed Chief Executive Officer ("CEO") of ResX. Mr Brauch was formerly an executive of the London office of Morgan Stanley, and more recently CEO of Value Management and Research (Espana) SA, a subsidiary of the Frankfurt listed Value Management and Research AG.

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SAMSON EXPLORATION (25 NOVEMBER 2000)

The resolution put to shareholders at the Annual General Meeting was passed.

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SAPPHIRE MINES (25 NOVEMBER 2000)

All resolutions put to shareholders at the Annual General Meeting were passed.

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SMC RESOURCES (25 NOVEMBER 2000)

SMC Resources Limited, ASX Code (SMU) has changed its name to Powerise Technology Limited ASX Code PTC. For details, click here.

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TECTONIC RESOURCES (25 NOVEMBER 2000)

At the Annual General Meeting of Tectonic Resources NL held on Friday 24th November 2000, all resolutions put before the members were carried.

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WEST OIL (25 NOVEMBER 2000)

Coleraine-1 Drilling Update - pressure samples taken in the Flamingo Formation, which was intersected between 3,349 and 3,390 meters, indicate the sand has little or no permeability and therefore is unlikely to be able to produce hydrocarbons at economic rates.
Analysis of the Elang Formation indicates that most of the sand has little permeability and would not flow hydrocarbons at economic rates. A sample collected from a depth of 3,456.8 meters recovered hydrocarbons and water indicating it was taken from below the oil water contact.
After considering the above information and considering all the options West Oil has agreed with the operator's recommendation to plug and abandon the well.

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WOODSIDE PETROLEUM (25 NOVEMBER 2000)

SHELL ANNOUNCES CASH OFFER AS PART OF WOODSIDE MERGER PROPOSAL
As part of a significantly enhanced merger proposal, Shell Australia Investments Limited ("Shell Investments") is pleased to announce an Offer for Woodside Petroleum Limited ("Woodside") shares. The Offer comprises:

• a Cash Offer of A$14.80 per share; and
• one Call Option over one Woodside share, exercisable at A$14.80.
  If Shell's merger proposal ("Revised Merger Proposal") is approved by Woodside shareholders.

The Cash Offer is final and will not be increased. Shell has applied for the Call Options to be traded on the Australian Stock Exchange after the close of the Offer.

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XENOLITH GOLD (25 NOVEMBER 2000)

The Annual General Meeting of Xenolith Gold Limited was held yesterday. Two resolutions were put to the meeting and were adopted unanimously.

AMITY OIL (24 NOVEMBER 2000)

Velimese-1 Republic of Turkey Progress Report - Operations Last 24 Hrs: Cement casing, wait on cement, install and test wellhead and Blowout Preventers, prepare to drill 311mm (12 1/4 inch) hole.

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ASHTON MINING (24 NOVEMBER 2000)

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 22/11/2000, from 212,193,035 ordinary shares (65.40%) to 232,222,489 ordinary shares (71.57%).

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BATTLE MOUNTAIN GOLD COMPANY / NEWMONT (24 NOVEMBER 2000)

Newmont Mining Corporation and Battle Mountain Gold Company said the US Securities and Exchange Commission has declared effective Newmont's registration statement concerning the merger transaction involving the two companies.

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CONTACT ENERGY (24 NOVEMBER 2000)

Despite a wet, warm winter that depressed wholesale electricity prices and retail demand, Contact Energy achieved a net surplus of $97 million for the financial year to 30 September 2000.
The result exceeds the forecast of $78 million in the prospectus issued when Contact was listed, and is in line with the company's expectations.
Acting Chief Executive Steve Barrett said that Contact's net surplus was $61 million when adjusted for non-recurring items. These items included proceeds from the sale of assets including plant at the decommissioned Stratford power station, damages payments from the contractor in relation to the new Otahuhu B power station, and the cost flowing from an arbitrator's decision over the supply of gas to the Taranaki Combined Cycle plant. The adjusted net surplus in 1999 was $88 million.

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DRILLSEARCH ENERGY (24 NOVEMBER 2000)

At 600 hours on 23rd November, 2000 the Dua Dua-1 well was preparing to log at a total depth of 2,850 metres.
During the week, 9(5/8)" casing was set at 2,236 metres and 8(1/2)" hole was drilled to TD. Progress for the week was 1,368 metres.
After completion of logging, results will be assessed and the forward programme will be finalised.

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FIRST AUSTRALIAN RESOURCES (24 NOVEMBER 2000)

Following is a zone by zone update on completion procedures in progress at the Terry Ewing No 1 well.

COTTON VALLEY ZONE (11,919 TO 11,970 FEET)
This is the deepest zone in the well and has been isolated to enable future access and production. Studies indicate this interval requires a new cement squeeze to close a water channel below the Cotton Valley formation.

HOSSTON GREEN SAND (10,726 TO 10,746 FEET)
This tight formation tested gas productive (flare to 6 feet) and has been isolated for future fracture stimulation and gas production.

HOSSTON ORANGE SAND (9,802 TO 9,820 FEET)
The interval between 9,802 and 9,820 feet has been perforated and has flared gas measuring up to 25 feet. The Operator plans to produce this internal commingled with the Yellow Sand.

HOSSTON YELLOW SAND (9,896 TO 9,906 FEET) AND (9,920 TO 9,940 FEET)
Plans are to perforate and test these two gas intervals on Monday. The Yellow Sand is a prolific producer within the Clear Branch Field. Gas from both Yellow Sand intervals will be commingled with gas from the Orange Sand.

HOSSTON BLUE SAND (9,848 TO 9,062 FEET)
The Blue Sand will be perforated and tested following completion of the Yellow Sands. Plans are to produce this interval through a separate annulus. The Blue Sand is productive in the Clear Branch Field.

The above schedule should enable gas sales to commence from all four Hosston intervals (Orange, Upper Yellow, Lower Yellow and Blue) by late next week.

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FLETCHER CHALLENGE (24 NOVEMBER 2000)

Drilling & Production Testing Report

Well Name: 11C-26-40-1 - Cased for Glauconite Oil - Rig Released 18 Nov 00

Well Name: 10-36-49-25 W4M - Cased for Sparky Oil - Rig Released: 19 Nov 00

Well Name: 6B2-26-40-1 W4M - Spud: 18 Nov 00

Well Name: B3-8-45-27 W3M - Drilling ahead

Well Name: 7-14-42-23 W4M - Drill and survey ahead

Well Name: PEP38718 Tuihu-1 - Drilling ahead

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GME RESOURCES (24 NOVEMBER 2000)

Both Resolutions put to the Members of the Company at the Annual General Meeting were passed unopposed.

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GOLDEN TRIANGLE RESOURCES (24 NOVEMBER 2000)

Golden Triangle Resources will now be proceeding with the Definitive Feasibility Study to upgrade the operating and capital costs for the Woodsreef Magnesium Project. The original cost data were produced by Bateman Brown & Root (Asia Pacific) in the 1999 Prefeasibility Study as A$0.92/lb direct cost of production, and A$681 million capital cost.

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GREENSTONE RESOURCES (24 NOVEMBER 2000)

All resolutions at the Company's Annual General Meeting on 21 November 2000 were passed by shareholders.

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HILL 50 GOLD (24 NOVEMBER 2000)

The Directors of Hill 50 Gold NL have pleasure in announcing its intention to pay a maiden dividend for the current financial year.
The Directors have resolved a dividend policy that will see the company pay 50% of its annualised audited net profit after tax to shareholders in dividends.
The dividend is expected to be unfranked for the first few years.

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ILUKA RESOURCES (24 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 15,890,302.

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IRON CARBIDE AUSTRALIA (24 NOVEMBER 2000)

Victor John Plummer decreased his relevant interest in Iron Carbide Australia Limited on 15/11/2000, from 7,000,000 ordinary shares (6.22%) to 6,000,000 ordinary shares (5.33%) (of 112,590,334 issued shares).

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JERVOIS MINING (24 NOVEMBER 2000)

At the Annual Meeting of Shareholders of Jervois Mining NL held on 22/11/2000 all seven (7) resolutions as per the Notice of Meeting booklet were passed unanimously.

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MAJESTIC RESOURCES (24 NOVEMBER 2000)

Majestic Resources NL has recovered several outstanding diamonds from its commissioning activities of the new Riet River mine in South Africa.
In the first fortnight of commissioning, over 60 carats of gem quality diamonds have been recovered. This includes 18 diamonds exceeding 1.0 carat with four stones ranging from 4.59 carats to 5.95 carats.
The diamonds recovered to date are of the highest gem quality. Previous diamonds from Riet River have attracted an average value of over $1,900 per carat.
The plant is now operating at design capacity and diamond production to date has exceeded expectations.

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MOSAIC OIL (24 NOVEMBER 2000)

At the AGM of the Company today the following was announced:

The Company announces today a significant upgrading of its reserve position as follows:

• 2P Recoverable Gas reserves from 3.56 BCF to 6.93 BCF
• 3P of Recoverable gas reserves from 4.7 BCF to 34 BCF
• 2p recoverable oil reserves from 27,000 bbls to 300,000 bbls
• 3P recoverable oil reserves from 37,000 bbls to 600,000 bls

All motions put to the AGM were passed.

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The securities of Mosaic Oil NL will be placed in pre-open pending the release of an announcement by the Company.

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NORWEST ENERGY (24 NOVEMBER 2000)

Norwest Energy N L advises that at 6am Central Standard Time wireline logs were being run in Coleraine 1 to evaluate the well. Preliminary evaluation of the programme ran to date has identified two sand units, which contain hydrocarbons. The first of these are within the Flamingo Formation, were intersected over the interval 3349 to 3390 meters. These have an average porosity of 9.6% with a maximum of 14%. The second is within the Elang Formation and was intersected from 3442m to the total drilled depth of the well at 3467 Meters with an average porosity of 9.5%.
Further wireline testing will be undertaken today to further evaluate the possibility of movable hydrocarbons within these two sands.

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NOVUS PETROLEUM (24 NOVEMBER 2000)

AMP Ltd increased its relevant interest in Novus Petroleum Limited on 21/11/2000, from 18,190,099 ordinary shares (11.41%) to 19,798,793 ordinary shares (12.41%).

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OIL COMPANY OF AUSTRALIA (24 NOVEMBER 2000)

Kenmore No 23 an oil development/appraisal well situated approximately 220 metres south of Kenmore No 13, latitude 26 deg, 39 min 08.23 sec south, longitude 143 deg, 26 min 11.73 sec east. The well was spudded at 04:30 hours on November 19, 2000. At 06:000 hours today the rig was at a depth of 1237 metres RT and drilling ahead. 245mm surface casing was set at 162.48 metres RT. Progress for the week was 1237 metres.
The primary targets of the well are the sands of the Birkhead Formation, Hutton Sandstone and the Basal Jurassic. Proposed total depth of the well is 1445 metres RT.

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OIL SEARCH (24 NOVEMBER 2000)

Oil Search Limited, as operator of PPL179 in Papua New Guinea, reports that at 06.00hrs on 23 November 2000 the Dua Dua-1 well is preparing to log at a total depth of 2850m. During the week, 9 5/8" casing was set at 2236m and 8 1/2" hole was drilled to TD. Progress for the week was 1358m.

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PACMIN MINING CORPORATION (24 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,761,551.

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Petroz (24 NOVEMBER 2000)

The Directors of Petroz unanimously recommend that you accept the offer from Agip, in the absence of a higher offer. Unless a higher offer is announced, all of the Directors who hold or control Petroz Shares intend to accept Agip’s offer.

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SANTOS (24 NOVEMBER 2000)

Weekly Drilling Summary W/E 23/11/00

WELL: Barrolka 5 DW1 - Drilling ahead. Current measured depth is 2711m,
with 329m progress for the week.

WELL: Kenmore 24 - cased and suspended as a future oil producer.

WELL: Kenmore 23 - Drilling ahead. Current depth and progress for the week is 1237m.

WELL: SE Gobe 9 - Running in hole to set abandonment and kick off plugs.
Iagifu Sandstone is oil bearing. Well is being
sidetracked down dip to optimum production location.
Total depth of the well is 2454m, with 483m progress
for the week.

WELL: Wilkinson #1 - Drilling ahead. Current depth is 3237m with 507m
progress for the week.

WELL: Moomba 121 - cased and suspended as a future Permian gas producer.

WELL: Moomba 134 - Drilling ahead. The current depth and progress for
the week is 1350m.

WELL: Ramses 1 - Waiting on road access prior to drilling ahead. The
current depth is 2750m with 343m progress for the
week.

WELL: Winninia North 2 - Waiting on road access prior to drilling ahead.
Current depth is 764m, with 753m progress for the
week.

WELL: Raven 2 - Drilling ahead. The current depth is 2885m with 1853m
progress for the week

WELL: Bow 1 - Running wireline logs. The well reached a total depth
of 3054m with 553m progress for the week

WELL: Moomba 135 - Preparing to nipple up blow out preventors having run
and set intermediate casing. The current depth is
2004m with 1206m progress for the week

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WESTERN METALS (24 NOVEMBER 2000)

Commonwealth Bank of Australia decreased its relevant interest in Western Metals Limited on 17/11/2000, from 23,100,657 ordinary shares (7.02%) to 19,671,498 ordinary shares (5.98%).

BEMAX RESOURCES (23 NOVEMBER 2000)

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BEACONSFIELD GOLD (23 NOVEMBER 2000)

Beaconsfield Gold NL has placed 1.35 million fully paid ordinary shares at 33 cents each to clients of Equity Underwriters Limited, raising a total of $0.445 million.

The funds have been raised to add to working capital for the company during the current commissioning phase of the Beaconsfield gold mine. The final upgrade of the bacterial oxidation circuit of the ore treatment plant to facilitate commercial production levels is well advanced and is on schedule to be completed in December 2000. Two of the four primary oxidation tanks have been modified to date and are achieving design throughput. For additional information, click here.

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ALLIED MINING & PROCESSING (23 NOVEMBER 2000)

N M Rothschild Australia Holdings Pty Ltd ceased to be a substantial shareholder in Allied Mining & Processing Limited on 17/11/2000.

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AMITY OIL (23 NOVEMBER 2000)

Velimese-1 Progress Report - Drill 444mm (17.5 inch) hole, run survey, wiper trip, trip out of hole, run 340mm (13(3/8) inch) casing, cement casing.

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ANACONDA NICKEL (23 NOVEMBER 2000)

Anaconda Industries Limited ("Anaconda") has entered into an agreement with Ashton Mining Limited ("Ashton") and Lynas Corporation Ltd ("Lynas") to purchase all of the issued capital of the Mt Weld Companies from Ashton.
This will catalyse prompt execution of studies for the development of the Mt Weld Tantalum, Niobium, Titanium and Rare Earths Projects under technical processes which are innovative and undergoing full patent application.

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ASHTON MINING (23 NOVEMBER 2000)

UBS Nominees Pty Ltd became a substantial shareholder in Ashton Mining Limited on 21/11/2000 with a relevant interest in the issued share capital of 16,393,595 ordinary shares (5.054%).

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 21/11/2000, from 201,317,730 ordinary shares (62.04%) to 212,193,035 ordinary shares (65.40%).

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BEACH PETROLEUM (23 NOVEMBER 2000)

A significantly expanded Australian oil and gas drilling program of more than 'one well a month' over the next 10 months was announced by Beach Petroleum NL at its Annual General Meeting.
The upgraded program will take to 17 the number of new exploration and development wells in which Beach will participate during the 2000/2001 financial year and the first quarter of 2001/2002.

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BHP (23 NOVEMBER 2000)

BHP Limited (BHP) today announced production had begun from the Keith oil field located north east of Aberdeen in UK North Sea block 9/8a.
The sub-sea development was finished on schedule less than a year after the project gained government approval and was completed to budget with no major safety incidents.

This single well will access around 15 million barrels of oil equivalent (mmboe) of proved and probable reserves (4.8 mmboe net to BHP) for a total capital expenditure of approximately A$62 million (A$19 million net BHP).

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CALTEX AUSTRALIA (23 NOVEMBER 2000)

Caltex Australia said that unexpectedly low refining margins and production interruptions at the company's Sydney refinery had led to the company's 2000 profit outlook being downgraded.
November and December earnings will be adversely affected by between $10 million and $20 million (before tax) as a result of a partial shut down of the Kurnell refinery in Sydney to allow the demolition of an exhaust stack that has been recently found to have developed a structural flaw requiring its replacement.

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CUE ENERGY RESOURCES (23 NOVEMBER 2000)

Cue appointmed Mr John Stanley Horner, a solicitor in the Law Firm Quigg Partners of Wellington, New Zealand to act as Alternate Director for Mr Peter Jermyn in his position as Director of Cue Energy Resources No Liability.

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DOMINION MINING (23 NOVEMBER 2000)

All resolutions put to the AGM in accordance with the notice of meeting were unanimously passed on a show of hands.

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EROMANGA HYDROCARBONS (23 NOVEMBER 2000)

The Annual General Meeting of Eromanga Hydrocarbons NL will be held at the CMA Center, Level 20, 500 Collins Street Melbourne on 21st December at 4.00pm.

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GALLERY GOLD (23 NOVEMBER 2000)

Due to recent price increases in Gallery Gold's shares and in the interest of keeping the market fully informed, the Company wishes to again advise that drilling is in progress on its Botswana Gold Project. Preliminary drill hole analyses are presently being received and the results collated and assessed.
The Company recently reported in its September 2000 Quarterly Report (released 31 October 2000) that a three rig RC percussion drilling program had commenced on the Project on 9 October. This program is proceeding according to the plan outlined in the Quarterly Report. The main focus of the current drilling program is Mupane Area 1 where previously reported drilling had intersected significant widths of gold mineralisation.
Eight of the planned 14 RC percussion holes in Mupane Area 1 have now been drilled and preliminary unaudited results have been received from the first six of these holes.
Once audited results from the current drilling program are to hand and a meaningful assessment made, the Company will be able to report progress results to the market. This is anticipated by mid next week.

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GOLDEN TRIANGLE RESOURCES (23 NOVEMBER 2000)

Golden Triangle outlined plans to exploit a 24 million tonne, artificial mountain of serpentinite to produce high-grade magnesium worth around US$10 billion at current prices.
The 1km long X 60 metre high tailings resource is part of the old Woodsreef mine (closed in 1983) 100 kilometres north of Tamworth NSW.
GTR's general manager, Mr Chris Laughton, said today that the combination of cutting edge refining technologies through their Israeli-Russian Joint venture and a readily available above ground resource in Australia, would create a new generation of products with an extraordinary range of uses.

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GUNSON RESOURCES (23 NOVEMBER 2000)

David Brian Clarke decreased his relevant interest in Gunson Resources Limited on 21/11/2000, from 2,765,955 ordinary shares (8.57%) to 2,454,362 ordinary shares (7.60%).

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GYMPIE GOLD (23 NOVEMBER 2000)

Gympie Gold Limited, will step up its commitment to exploration following the identification of more significant stockwork mineralisation at its gold mining operations at Gympie in south east Queensland. Today the Company announced the drill-intercept of new stockwork mineralisation assaying 31 metres at 12g/t and 19 metres at 9g/t. Interpretation of this new area between Monkland Mine Levels 12 and 13 is at a preliminary stage.

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ILUKA RESOURCES (23 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 15,957,802.

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IRON CARBIDE AUSTRALIA (23 NOVEMBER 2000)

Mercantile Mutual Holdings Limited decreased its relevant interest in Iron Carbide Australia Limited on 05/10/2000, from 9,722,222 ordinary shares (9.05%) to 6,916,583 ordinary shares (6.13%).

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KIMBERLEY DIAMOND COMPANY (23 NOVEMBER 2000)

A parcel of 31 predominantly gem quality diamonds weighing 10.67 carats recovered by Kimberley Diamond Company NL (ASX: KIM) from Pit 67 South at its Blina Diamond Project has taken its total haul in the area to 47 diamonds within a week, extending its run of exploration success.

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LAKE RESOURCES (23 NOVEMBER 2000)

With regard to the Prospectus dated 25 October 2000 for the issue of 700,000 fully paid ordinary shares in Lake Resources NL at a price of A$0.30 per share to raise A$210,000, the closing date for acceptance of the applications for shares has been extended to 5.00 p.m. EST on 30 November 2000.

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MURRAY BASIN MINERALS (23 NOVEMBER 2000)

TIMETABLE OUTLINED FOR $42m SA MINERALS SAND PROJECT

The development and financing timetable for Murray Basin Minerals NL's $42 million mineral sands project in South Australia has been announced - with construction of the mine expected to commence in 2001.
The project timetable was detailed in Adelaide today by the Company's Chairman, Mr John Branson and Managing Director, Mr Chris Neal, while addressing shareholders at the annual general meeting.
The meeting - which approved a change in name for the Company to Southern Titanium NL - was also told of:

• A proposal to sell Southern Titanium's gold tenements in Western Australia to Perth-based Quaestus Limited
• The completion by November 30 this year of a successful $1.36 million capital raising via a 1-for-5 non-renounceable rights issue
• The expected completion by May next year of the bankable feasibility study into the Company's flagship Mindarie mineral sands project in South Australia's Murraylands
• Acquisition of a 100% interest in the Mindarie project, and
• A 320% increase in Mindarie's resource estimates to 65.6 million tonnes of 3.3% heavy mineral (HM) in the past 12 months.

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PETROZ / NOVUS (23 NOVEMBER 2000)

Novus Petroleum Limited today said it will not increase the scrip ratio offered for Petroz NL, following the Petroz Board's decision to recommend shareholders accept a cash offer from ENI Spa.

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PILBARA MINES (23 NOVEMBER 2000)

Pilbara announced that joint venture partner, Inmet Mining Corporation (Inmet) of Canada, are to commence exploration at Teutonic Bore in the December quarter 2000. Pilbara announced recently that Inmet have the right to earn 70% equity in the Teutonic Bore project, (excluding the surface resources, which are currently the subject of a pre feasibility study by Pilbara), by spending $3.5 milli million dollars over 4 years.

Inmet have indicated that their immediate priority is a high powered ground electro-magnetic geophysical survey (EM) to detect massive sulphide mineralisation associated with volcanogenic base metals (zinc and copper), similar to that mined at Teutonic Bore previously.

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PACMIN MINING CORPORATION (23 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,763,551.

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PETROZ (23 NOVEMBER 2000)

Agip Energy (Australia) Pty Limited ('Agip'), a wholly owned subsidiary of Eni, is offering to acquire all of your Petroz Shares on issue on the Record Date.
The Offer also extends to any Petroz Shares issued as a result of the exercise of Petroz Options during the Offer Period.
OFFER PRICE - AUS$0.56 cash for each Petroz Share.

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British - Borneo Australia Limited increased its relevant interest in Petroz NL on 15/11/2000, from 15,212,446 ordinary shares (6.72%) to 27,083,910 ordinary shares (11.97%).

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QCT RESOURCES (23 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Ltd on 21/11/2000, from 676,345,292 ordinary shares (98.19%) to 676,422,254 ordinary shares (98.20%).

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SMC RESOURCES (23 NOVEMBER 2000)

SMC Restructuring

SMC Resources Limited underwent an efficiency restructure whereby all the Assets and Liabilities of the SMC Resources Limited were moved out of that company and placed into another fully owned SMC subsidiary - SMC Gold Limited, which is now this company.

The remaining bare shell of SMC Resources Limited, which is a publicly listed company, was purchased by a company called Powerise Technology (Australia) Limited - a company which operates in the information technology market. (SMC Resources Limited has now been renamed Powerise Technology Limited).

SMC Gold Limited is currently seeking listing on the Australian Stock Exchange and this is expected to be finalised in the next few weeks. For more information, click here.

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SYDNEY GAS COMPANY (23 NOVEMBER 2000)

Following the grant of an Assessment Lease, the first in New South Wales under the Petroleum (Onshore) Act, Sydney Gas Company NL ("SGC") is pleased to announce that it has commenced the construction phase of its pipeline that will run along Cawdor Road. The Assessment Lease will enable SGC to produce and sell gas to AGL via its gas pipeline to Camden.

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TAP OIL (23 NOVEMBER 2000)

Hero-1 Update - Drill Programme Summary

Since the last report, the Hero-1 well has drilled to its total depth of 152 metres measured depth ("MD"), intersecting the upper Mardie Greensand reservoir at a depth of 124 metres MD. The reservoir, which is approximately 4 metres thick, was cored and a gas peak of 248 units was measured. No drill stem test was carried out as reservoir quality was interpreted to be poor at this location.

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WESTERN AREAS (23 NOVEMBER 2000)

PLUMRIDGE PROJECT (WSA 100%)
Drilling will commence at the end of November to test for nickel-copper sulphides, platinum group metals and chromite in the western sequence of the Plumridge layered intrusive complex. No previous drilling has been carried out in this area due to the remoteness (400km northeast of Kalgoorlie) and the difficulty in gaining access to the tenements north of a major drainage, Salt Creek. The initial RAB and Aircore drilling program follows several months work in obtaining environmental approvals to clear a track so that drill rigs can access the tenements.

This program offers a rare chance to test what is interpreted to be a highly prospective, sequence of ultramafic and gabbroic units forming a large intrusive complex on the eastern margin of the Yilgarn Craton. Previous exploration by other companies immediately south o Western Areas tenements supports the potential of the intrusive complex with reports of chromite bands and boulders assaying up to 48.7% chromite and 4.0g/t platinum. Unconfirmed surface float assays up to 9g/t platinum have also been reported.

The Plumridge drilling forms part of a very active program being carried out by Western Areas during the next two months. Work on other nickel sulphide properties includes:

MT ALEXANDER PROJECT (WSA 100%)
A surface electromagnetic survey is in progress testing fo conductive nickel sulphide bodies within a 1.2km wide channel at the base of stacked ultramafic flows in the North Gossan area. Only two drillholes spaced 700m apart have tested this area previously (WM 2 and WM 3, drilled in 1978). Both intersected massive and semi massive sulphide with intersections of 1.2m @ 0.97% Ni and 2.6m (a.) 0.57% Ni.

MT JEWELL PROJECT (WSA 100%)
Two deep RC holes will be drilled at the end of November to test a coincident electromagnetic and magnetic anomaly located 800m northwest of diamond hole MJD08, reported in October. MJD08 intersected massive sulphide mineralisation with 0.65m @ 5.47% nickel, 1.47% copper, 0.48g/t platinum and 0.97g/t palladium.

BULLFINCH NORTH PROJECT (WSA EARNING 70%)
Recent RAB drilling at the Hook prospect located 4km south of the Trough Well nickel sulphide deposit, intersected encouraging nickel results. The best intersection is from hole ER020 with 28m @ 0.46% Ni from 12m depth to the end of hole at 40m. Field evidence suggests the anomalous nickel values are not due to laterite enrichment but may be derived from a sulphide source. Platinum group metal assay results are awaited. A surface electromagnetic survey will proceed as soon as gridding is completed and geophysical contractors are available.

Following the recent granting of a tenement adjacent to Trough Well, a surface electromagnetic survey will be carried out to test for extensions to known nickel sulphide mineralisation, after the survey at the Hook prospect is completed.

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WEST OIL (23 NOVEMBER 2000)

Coleraine-1 Drilling Update - at 6.00 am (CST) Wednesday, 22nd November, Coleraine-1 was at total depth of 3,467 metres and preparing to run wireline logs to evaluate the well.

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XENOLITH GOLD (23 NOVEMBER 2000)

"Update on East Lost Hills
Berkley #2 has penetrated approximately 1,250 feet of the Temblor formation and a seven-inch liner has been successfully run to a total depth of 17,650 feet and cemented in place over the weekend.

During drilling from October 18 to November 9, numerous lost circulation zones were encountered and gas was flared at surface for several hours on October 31. A complete suite of evaluation logs were run from 14,250 feet to total depth and 17 sidewall core plugs were obtained.

Based on mud losses while drilling, indicative of excellent reservoir permeability, gas kicks and flaring at surface, as well as sand/reservoir and fracture data from logs and cores, Berkley #2 was cased to total depth as a potential gas well. Production rates will be determined from formal production testing. As mentioned previously, Berkley #2 can be quickly and cost effectively tied into the pipeline system currently being constructed for Berkley #1.

The combination of lost circulation and strong gas kicks made further drilling operationally difficult and expensive. With the seven inch liner in place and the existing gas zones safely behind pipe, it is now possible to drill additional Temblor section and evaluate deeper potential zones with respect to reservoir quality, gas column and pressure gradient. The joint venture participants have agreed to drill up to an additional 250 feet out of the base of the liner, which will take approximately 20-30 days. Should prospective zones be encountered at any time during drilling operations the option of calling total depth and running a 4.5" liner is available. Production testing will commence within 30 days of final total depth.

The decision to drill ahead is based on the joint venture participants assessment that for relatively low incremental cost important information for the overall East Lost Hills Temblor Play could be gained without compromising existing penetrated gas zones. The information gained during this relatively short time will allow for possible design modifications on the wells yet to be drilled or re-worked including Berkley #4, which is scheduled to spud November 25th and Bellevue #1-17R. This will ultimately assist in accelerating drilling time and reduced costs. Deepening of Berkley #2 will commence within a week."

We commend the joint venture partners for their decision to proceed to drill into the 2nd Carneros sands. It is a sound, cost effective decision that will provide access to an additional, potential production zone for minimal added cost in both time and dollars. It is also worthy of note that the most recent and informative press release, by the joint venture partners, would appear to indicate that the partners are conscious of the high profile nature of the East Lost Hills project and the need to keep the market informed with factual information.

ASHTON MINING (22 NOVEMBER 2000)

• ASHTON INDEPENDENT DIRECTORS RECOMMEND PROMPT ACCEPTANCE OF RIO TINTO'S OFFER
• DE BEERS OFFER FOR ASHTON HAS BEEN WITHDRAWN
• RIO TINTO'S OFFER IS DUE TO CLOSE ON MONDAY 27 NOVEMBER

Ashton Mining Limited's Independent Directors recommended that Ashton shareholders act promptly to accept Rio Tinto's offer for their shares.

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HERON RESOURCES (22 NOVEMBER 2000)

Mr Stephen Dennis, Centaur Mining & Exploration Ltd's nominee director pursuant to the Strategic Alliance, has resigned as a director.

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ILUKA RESOURCES (22 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 15,974,042.

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KANOWNA CONSOLIDATED GOLD MINES (22 NOVEMBER 2000)

All resolutions put to shareholders at the 2000 Annual General Meeting held on 14 November 2000 were passed on a show of hands.

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KIMBERLEY DIAMOND COMPANY (22 NOVEMBER 2000)

The securities of Kimberley Diamond Company will be placed in pre-open pending the release of an announcement by the Company.

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MID-EAST MINERALS (22 NOVEMBER 2000)

Mid-East Minerals - soon to be renamed Tomorrow Limited - today announced that Mr Wayne Passlow had resigned as a director of the Company to focus on Open Telecommunication Limited's US activities.

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MINCOR RESOURCES (22 NOVEMBER 2000)

Mincor is set to enter the nickel industry as a new sulphide producer early next year after finalising a $38 million agreement to purchase WMC Resources Ltd's Miitel Nickel Mine at Kambalda in joint venture with Clough Mining Pty Ltd and a former WMC production executive, Mr Ian Junk, of Donegal Resources Pty Ltd.

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NORWEST ENERGY (22 NOVEMBER 2000)

At 6:00am (CST) Tuesday, 21st November, Colerine 1 was at a depth of 3,461 metres and drilling ahead. The top of the Elang sands were encountered at 3,444 metres. These sands are described as fine to medium grained with silica cement and clay matrix, no visual porosity was noted in cuttings samples and no significant increase in gas was recorded. The well is currently at 3,467 metres and it has been decided to halt the drilling at this depth. The well will be logged prior to evaluate hydrocarbons intersected in the upper sector of the well.

The securities of Norwest Energy will be placed in pre-open pending the release of an announcement by the Company.

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OTTER GOLD MINES (22 NOVEMBER 2000)

Mr J Wood has resigned as Joint Company Secretary of Otter Gold Mines Ltd. Mr P Liddle continues as sole Company Secretary.

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PACMIN MINING CORPORATION (22 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,767,551.

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PETROZ (22 NOVEMBER 2000)

Each of the Directors recommends you REJECT THE OFFER of 1 Novus Share for each 3.75 Petroz Shares. All of the Directors who hold or control Petroz shares intend to reject Novus' offer.

British-Borneo Australia Ltd increased its relevant interest in Petroz NL on 18/11/2000, from 15,212,446 ordinary shares (8.72%) to 27,083,910 ordinary shares (11.97%).

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QCT RESOURCES (22 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Limited on 20/11/2000, from 676,181,372 ordinary shares (98.16%) to 676,345,292 ordinary shares (98.19%).

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RANGER MINERALS (22 NOVEMBER 2000)

Perpetual Trustees Australia Limited increased its relevant interest in Ranger Minerals Limited on 17/11/2000, from 8,296,202 ordinary shares (12.82%) to 9,556,459 ordinary shares (14.76%).

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SIPA RESOURCES (22 NOVEMBER 2000)

All resolutions put to shareholders at the meeting earlier yesterday were approved by shareholders.

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ST BARBARA MINES (22 NOVEMBER 2000)

SBMhas entered into an Agreement with AngloGold Australasia Limited (AngloGold) in respect to an exploration joint venture. The Agreement covers a 67sqkm area in the Tuckanarra area which is situated approximately 60km south/south west of Meekatharra. Under the general terms of the Agreement, AngloGold can acquire a 51% participating interest after a total expenditure of $1m, with a further $0.75m expenditure increasing their interest to 70%. The total earn-in period is four years.

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TAP OIL (22 NOVEMBER 2000)

The Tusk-1 well spudded on 8 September 2000.
Three oil bearing sandstones were intersected within the Jurassic Athol Formation. Oil was recovered on wireline sampling (RDT tool) at depths of 1,166 metres (17 degree API) and 1,217 metres (18 degree API).
In addition, an oil column was intersected at the top of the Triassic Mungaroo Formation sandstone at a depth of 1,297 metres measure depth with an oil/water contact established at a depth of 1,307 metres. Oil was recovered on wireline sampling at a depth of 1,300 metres with an API gravity of 18 degrees.

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WEST OIL (22 NOVEMBER 2000)

West Oil announced that the spudding of the Puffin-6 appraisal well in AC/P22 is now likely to be in late December 2000 or early January 2001.

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WOODSIDE PETROLEUM (22 NOVEMBER 2000)

The Gaea-1 exploration well located in the Carnarvon Basin was drilling an 8(1/2) inch hole at 3991 metres on 21 November 2000.
Logging while drilling measurements indicate that the well has encountered two separate hydrocarbon pools. The forward plan is to continue drilling to the base of the lower hydrocarbon pool and then evaluate the well with wireline logging.

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PAN AUSTRALIAN RESOURCES (21 NOVEMBER 2000)

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ICON OIL (21 NOVEMBER 2000)

ACTIVITY REPORT

AUSTRALIA

Icon Energy Limited advises the Coal Bed Methane (CBM) conducted by Queensland Gas Company Ltd under a farmout agreement has commenced. Argyle # 1 is the first well in ATP 620P (Surat Basin) and is currently drilling ahead at 211 metres. The total estimated depth is 350 metres with a casing depth of 225 metres.

The well is located over a section of the Walloon Coal Measures over which a production licence has been issued at Xyloleum # 1, four kms NW of the Argyle location. Gas shows in the coal seams were recorded in the nearby Xylane # 1 well and a gas blowout occurred in the nearby coal exploration bore ML 33.

It should be noted that under CBM drilling operations initial gas production rates maybe low and that gas production rates increase over time. Gas may not be encountered immediately and wells usually requires pumping for a period of time to release water pressure and stimulate gas flows. In a normal commercial CBM operation the drilling of many shallow wells is required to produce gas at commercial rates. Argyle # 1 is located close to the Roma to Brisbane gas pipeline and early success can be developed at low cost.

Icon has a 12.5% interest in Argyle # 1 on completion of the farmout agreement.

USA

In Louisiana the preparations for the first well is proceeding and the well will commence as soon as possible following the completion of the current capital raising. The first well will be known as Icon Victory # 1 and programmed to a depth of 12,500 feet (3,810 metres). The objectives will be proven undeveloped (PUD) oil reserves and a deeper exploration gas target.

Oil prices are approximately $AUD68.00 per barrel and $AUD11.70 per MCF for gas in Louisiana. This Henry Hub gas price is almost six times the price Icon would receive for gas in Queensland, and markets and infrastructure such as pipelines are close to Icon’s operational areas, along the western bank of the Mississippi River.

For additional information, click here.

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QUEENSLAND GAS (21 NOVEMBER 2000)

SECOND WELL SPUDS

The Directors of Queensland Gas Company Limited (QGC) are pleased to announce that the second well in their five well Initial Coalbed Methane (CBM) Drilling Program, Argyle No 1 spudded at 0800 hours on Saturday 18 November 2000.

The well is located approximately 25 kilometres south-west of the township of Chinchilla in the Surat Basin in Queensland and approximately 31 kilometres west of the first QGC well, Wyalla No 1 which flowed gas at a rate of approximately 75,000 cubic feet per day and was completed as a potential gas producer.

Argyle No 1 is programmed to a total depth of about 350 metres and will evaluate the CBM potential of several coal seams in the upper section of the Walloon Coal Measures.

For additional information, click here.

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ACCLAIM EXPLORATION (21 NOVEMBER 2000)

PROSPECTUS - For an offer by way of placement of up to 80,000,000 Partly Paid Shares at an issue price of $0.10 each paid to $0.01 each on application and the grant of up to 4,500,000 Options to consultants as a performance incentive.

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ADMIRALTY RESOURCES (21 NOVEMBER 2000)

Admiralty Resources NL has entered into a 90 day option agreement to acquire the Rincon Salar. This is a major poly-elemental brine resource located in the Salta Province of Argentina and close to two of the largest producers of potassium and lithium in the world. The Salar covers an area of 230sqkm contained within 54 lease applications.
Consideration for the option is USD$20,000.

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ALLEGIANCE MINING (21 NOVEMBER 2000)

Commonwealth Bank of Australia became a substantial shareholder in Allegiance Mining NL on 16/11/2000 with a relevant interest in the issued share capital of 9,656,921 ordinary shares (5.22%).

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AMITY OIL (21 NOVEMBER 2000)

Velimese-1 Republic of Turkey Progress Report - Drill 444mm (17.5") hole, run surveys, repair rig, wiper trip.

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ANVIL MINING / GOLDEN STATE RESOURCES (21 NOVEMBER 2000)

Golden Star Resources Ltd (Amex: GSR: Toronto: GSC) announces: that the Government of Ghana has advised Barnato Exploration Limited ("Barnex") of its intention to abrogate Barnex's mining and related rights in Ghana, including its rights to the Prestea mining lease. As a result of this decision by the Government of Ghana, Golden Star and Barnex will allow their August 3, 2000 letter of intent relating to the acquisition by Golden Star of a 90% interest in the Prestea gold project to expire as scheduled on November 17, 2000.

Golden Star is contacting senior government officials in Ghana to assess the situation.

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ASHTON MINING (21 NOVEMBER 2000)

Ashton Mining Limited's Independent Directors today recommended that Ashton shareholders act promptly to accept Rio Tinto's offer for their shares.

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 20/11/2000, from 189,300,068 ordinary shares (58.36%) to 201,317,730 ordinary shares (62.04%).

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AUSMELT (21 NOVEMBER 2000)

Ausmelt announced the signing of a new agreement with Anhui Tongdu Copper Stock Co (ATC), one of the largest producers of copper metals in the People's Republic of China.
The ATC contract is worth $6 million to Ausmelt and is the second-largest in Ausmelt's history. It follows closely the deal Ausmelt secured with Anglo-American Corporation less than 3 months ago for $11 million to install an Ausmelt technology smelter at Anglo's Rustenberg complex in South Africa for the conversion of nickel matte containing Platinum Group Metals.

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AUSTRALIAN OIL & GAS CORPORATION (21 NOVEMBER 2000)

Mr Brian Bullock has retired and left the employ of the Company. He has been replaced as Company Secretary by Mr Peter Zachert.

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BLIGH OIL & MINERALS (21 NOVEMBER 2000)

The Rimu B-2 has reached a total depth of 3542 metres measured depth in Rimu limestone. Oil and gas shows were encountered in a 10 metre section of Upper Tariki sandstone at a depth of 3484 metres. While drilling into the Rimu limestone, at a depth of 3541 metres, the well flowed oil and gas to surface, and pressure control measures were implemented. Considerable quantities of oil and gas were flared over the next 24 hours, while the well was brought under control. In excess of 1000 barrels of drilling mud were lost to the zone through lost circulation during this process. The presence of significant "fracture porosity" in the Rimu limestone is suspected. The decision has been made to run 7" casing in the well, before any further testing or drilling can be safely accomplished. As of report time the 7" casing had been run to a depth of 3421 metres and was being cemented, leaving approximately 120 metres of open hole, including the Upper Tariki and Rimu sections. Well condition precluded the setting of the casing immediately above the Rimu limestone, as originally planned.

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DEEPGREEN MINERALS CORPORATION (21 NOVEMBER 2000)

At the Company's Annual General Meeting held to-day, Tuesday 21 November 2000, all resolutions put to the meeting were passed unanimously.

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LYNAS CORPORATION (21 NOVEMBER 2000)

Lynas Corporation Limited has finalised a key agreement with Anaconda Nickel Ltd subsidiary Anaconda Industries Limited and Ashton Mining Limited which will see it emerge with a 50% interest in a new Joint Venture with Anaconda to fast track development of the Mt Weld Rare Earths Project, potentially as part of a larger mining & processing complex.
Under the agreement, Lynas will be Manager of the Mt Weld Rare Earths Joint Venture, with Anaconda to conduct and sole fund the completion of a definitive feasibility study on project development to earn its 50% interest. Anaconda will be Project Manager during the feasibility study and development periods.

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QCT RESOURCES (21 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Limited on 20/11/2000, from 676,181,372 ordinary shares (98.16%) to 676,345,292 ordinary shares (98.19%).

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WMC (21 NOVEMBER 2000)

WMC Resources Ltd has sold the biggest of the four lease blocks at its Kambalda Nickel Operations which were put up for sale earlier this year.

The sale of the lease block containing the Miitel, Mariners and Redross mines to a joint venture of Mincor Resources NL (76%), Clough Mining Pty Ltd (12%) and Donegal Resoures Pty Ltd (12%) was finalised today.

The sale is subject to certain conditions which are expected to be met during December.

WMC Executive General Manager - Nickel, Peter Johnston, said WMC would receive a total of $38 million in cash from the sale.

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WOODSIDE PETROLEUM (21 NOVEMBER 2000)

Woodside Petroleum Ltd, Operator of the WA-1-L Joint Venture, reports that the Gaea-1 exploration well located in the Carnarvon Basin was drilling an 8(1/2) inch hole at 3991 metres on 21 November 2000.
Logging while drilling measurements indicate that the well has encountered two separate hydrocarbon pools. The forward plan is to continue drilling to the base of the lower hydrocarbon pool and then evaluate the well with wireline logging.

DRILLSEARCH ENERGY / OIL SEARCH (20 NOVEMBER 2000)

Oil Search Limited, as operator of PPL179 in Papua New Guinea, reports that the Dua Dua - 1 well was spudded at 0200 hours on 6th November 2000.

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PACMIN MINING CORPORATION (21 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,769,551.

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PORTMAN (21 NOVEMBER 2000)

Portman announced the appointment of senior mining industry figure and former Aurora Gold Ltd Managing Director and CEO, Dr Ian Burston AO, as its Managing Director to spearhead its growth plans as an independent Australian iron ore group.

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TAP OIL (21 NOVEMBER 2000)

AMP Limited increased its relevant interest in Tap Oil NL on 16/11/2000, from 10,539,789 ordinary shares (8.02%) to 11,999,824 ordinary shares (9.13%).

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AMITY OIL (20 NOVEMBER 2000)

A six day production test of the 22metre perforated zone in the Gocerler-1 well was completed on 16th November 2001). The test was designed by independent specialist well test experts Performance Sciences Inc of Golden, Colorado and implemented by independent specialist well test operators, D C Production Services Inc of Wyoming.
The well was flowed continiously for 5 days through a three stage separator and the gas burned in a vertical flare. The gas contains 7.5 barrels of condensate per million cubic feet (28,321 m3) and the gas is free of carbon dioxide. No formation water was recovered during the test.

Performance Sciences Inc are still analyzing the data but issued a preliminary report on the test on the 19th November. A summary of their findings follows.

• calculated wellhead flow potential 23 MMcfd (million cubic feet per day) (651,373m3)
• estimated Sandface Absolute Open Flow potential 40 to 55 MMcfd (1,132,823m3 to) 1,155,763m3)
• reservoir pressure 2100 psi ( pounds per square inch)
• The test investigated an area of 138 acres without encountering a reservoir boundary or thinning pay.
• The area of investigation represents more than 9 Bcf (0.25 Bm3) of gas in place.
• If the reservoir continues to the limit of the mapped seismic closure, gas in place could be upwards of 90 Bcf (approx 70 Bcf recoverable )

The independent analysts findings confirm the discovery of a significant gasfield at Gocerler, capable of prolific production.
The reserve numbers quoted by Amity on the 23 October and the Performance Sciences Inc reserve numbers refer only to the 22m of perforated net pay. If the remaining unperforated 21.9m of interpreted net pay, with wireline log characteristics identical to the producing zone are included and extended to the limit of the mapped closure, reserves could increase to more than 130 Bcf (3.7Bm3) recoverable.

VELIMESE-1 EXPLORATION WELL SPUDS IN
The Velimese-1 exploration well, located 15 kilometers South-east of the Gocerler-l well, spudded at lam on 19th November 2000. At midnight on the 19th November the well had reached a depth of 200m in 17.5 inch (444mm) diameter hole in Ergene Formation. The rig will drill to about 470m, where 13 3/8 inch (340mm) casing will be cemented in and Blow-out Preventors installed prior to drilling ahead in 12.25 inch (311mm ) hole to the secondary objective.

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ARROW ENERGY (20 NOVEMBER 2000)

SEISMIC SURVEYING
Seismic surveying in the Clarence Moreton Project area is well advanced, with data acquisition complete over all target leads in ATP 641P. 40km of the planned 110km has been acquired to date. Processing over the Glamorgan prospect has enabled the drill hole location to be finalised, and a number of subsidiary leads have been identified on the seismic, which demonstrate potential for further follow up following drilling of Glamorgan #2. Processing and interpretation of seismic data over the Tarampa, Normanton, Warrill, Kruger and Bremer leads will be available in the next week and drill locations at Normanton and 2 additional wells in ATP 641P finalised. The seismic survey contractor, Trace Terracorp is currently acquiring data over the South Moreton Anticline in ATP 644P, and south of Beaudesert in south east Queensland.

DRILLING PROGRAM - 4 WELLS
Arrow has contracted Mitchell Drilling Pty Ltd to drill five holes on the company's projects in south east Queensland. Owing to the heavy demand for drilling rigs and delays caused by heavy rains in central and southern Queensland, the spud date for the first well, Glamorgan #2, has been delayed to 24 November 2000.
The Glamorgan #2 well is prognosed to intersect a gas bearing sand at approximately 200m in the Jurassic Marburg Formation.
The first 4 holes will be located on ATP 641P on the Clarence Moreton Project area, where Arrow is earning a 40% interest from Duke Energy Australia Trading and Marketing Pty Ltd. The titleholder, BNG Pty Ltd in which Arrow has a 50% interest, also has various buy back rights to a further interest from Duke Energy Australia Trading and Marketing Pty Ltd of up to 35% or to convert to a 10% overriding royalty.

Arrow plans to complete the drilling of 4 wells in ATP 641P by the end of December 2000, and plans to follow this with a coal seam methane test well on ATP 683P in the Eastern Surat Project.

EAST SURAT PROJECT - 158KM SEISMIC & PROPOSED COAL SEAM METHANE TEST WELL
Arrow's 100% owned ATP 683P covers the Eastern Surat Basin approximately 175km west of Brisbane covering some of the thickest recorded coal seams in the Walloon Coal Measures.
Recently announced results by Queensland Gas Corporation Limited underscore the prospectivity of the Walloon Coal Measures for coal seam methane. Queensland Gas Corporation recently reported 75,000 cubic feet/day gas flow in Wyalla #1 from the Walloon Coal Measures near Chinchilla, some 300km to the north west of Brisbane.
Arrow has recently recovered several additional historical references to gas in water bores in its tenement ATP 683P and is currently undertaking an analysis of this data.
The 158km seismic program is planned to commence in ATP 683P on 24 November 2000, a week earlier than planned, with processing complete by mid December 2000. Accurate planning for the proposed coal seam methane hole in January 2001 will be based on interpretation of the seismic data and the detailed water bore and coal exploration drill hole data.

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AUSTPAC RESOURCES (20 NOVEMBER 2000)

All resolutions appearing on the Notice of Meeting were passed on a show of hands by the Annual General Meeting.

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AUSTRALIAN WORLDWIDE EXPLORATION (20 NOVEMBER 2000)

HIGHLIGHTS - September 2000 Quarterly Report

• Beharra Springs gas field (AWE 33.00%) continues to exceed joint venture budget production forecasts by 75% following a new gas sales contract for the remaining reserves of the field signed with Alcoa.
• Ladbroke Grove gas field (AWE 24.29%) in full production and exceeding joint venture budget forecast by 35%.
• BassGas Project (AWE 30.5-36.0%) declared ready for development once customers are secured
• Company in strong position for future growth, with good cash reserves (A$22.3m), low debt, long term cash flow and a diverse range of exploration and appraisal project opportunities
• Significant drilling campaign (12 wells) to start in next quarter.

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BEACH PETROLEUM (20 NOVEMBER 2000)

Beach Petroleum reports that the Kenmore-23 development well spudded at 0430 hours on 19 November. The well has a programmed total depth of 1,435 metres.

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BRITANNIA GOLD (20 NOVEMBER 2000)

All Resolutions put to the Annual General Meeting of Members on Friday 17th November were passed unanimously.

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DRILLSEARCH ENERGY (20 NOVEMBER 2000)

Circumpacific Energy Corp - Lambert Gas Well Progress Report -

At our last report on 20th October, 2000, we reported to the ASX that the well had reached a total depth of 4,900 metres in the Cambrian system and that logging was in progress.
The well encountered three (3) potentially economic gas zones, including a gas column of 20 metres at the base of the targeted Devonian Leduc formation. Log and core interpretation suggests that the well may have Intersected the toe (base) of much larger pinnacle reef reasonably adjacent to the well. This could be similar to the Devonian Leduc reef 2 kms to the east, which produced 30 million cubic feet per day ("mmcf/d") raw for its first year of production.

Progress Report - Dua Dua-1 Exploration Well PPL179 PNG
At 0600 hours on 17th November 2000, the well was drilling ahead at a depth of 1492mRT. During the week the 13(3/8)" casing was set at 709mRT. After running and cementing 13(3/8)" casing, blow out preventers (BOPs) were successfully installed and tested. A 12(1/4)" drilling bottom hole assembly (BHA) was made up and after drilling cement, returns were lost 4m into the Darai Formation.
Drilling continued without returns to 1471mRT at which depth the BHA twisted off Attempts to retrieve the BHA were unsuccessful. The well was successfully sidetracked and the well is now drilling ahead in the Darai Limestone.

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GOLDEN TRIANGLE RESOURCES (20 NOVEMBER 2000)

The Directors announced that they have produced, high quality, magnesium metal ingots of 99.93% purity (without any further refining of the metal) directly from serpentinite tailings feedstock taken from the former Woodsreef Mine in Northern NSW.

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ILUKA RESOURCES (20 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 16,074,041.

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KIMBERLEY OIL (20 NOVEMBER 2000)

Kimberley Oil is pleased to announce that the due diligence process in respect of Kimberley Oil's acquisition of the KOS oil spill remediation technology has been completed successfully.
Under the terms of the Heads of Agreement, signed on August 4, 2000, an initial payment of 500,000 shares in Kimberley Oil will be made immediately.

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NORWEST ENERGY / TAP OIL (20 NOVEMBER 2000)

Norwest Energy advised that the Lindsay 1 exploration well within EP-364 will commence drilling earlier than expected and will spud during early December 2000. Drilling of this well will be operated by Tap Oil NL.
Lindsay 1 will be drilled by the Ron Tappmeyer jackup rig, to a total depth of 535 meters. The water depth at this location is only 14 meters and will be designed to test the Mardie Greensand equivalent. The structure has the potential to contain 40 million barrels of oil recoverable.

Norwest Energy NL advises that at 6am Central Standard Time today Coleraine 1 was at a depth of 3,412 meters and drilling ahead.

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QCT RESOURCES (20 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Limited on 17/11/2000, from 675,719,653 ordinary shares (98.09%) to 676,181,372 ordinary shares (98.16%).

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RIO TINTO / ASHTON (20 NOVEMBER 2000)

Rio Tinto Limited announces that as a result of its acquisition of a majority interest in Australian-based Ashton Mining Limited, it has under Canadian securities law also been deemed to have acquired beneficial ownership of approximately 68% of the common shares o Ashton Mining of Canada Inc.
Rio Tinto Limited's interest in Ashton Mining Limited is held through a wholly-owned subsidiary, Capricorn Diamonds Investments Pty Limited. A wholly-owned subsidiary of Ashton Mining Limited, Ashton Canada Pty Limited, in turn beneficially owns 24,485,941 common shares of Ashton Mining of Canada Inc.

Rio Tinto made its initial offer for all of the outstanding shares of Ashton Mining Limited under applicable requirements of Australian securities laws on September 19, 2000. Holders of approximately 58.36% of Ashton Mining Limited's shares have accepted the Rio Tinto offer which remains open for acceptance by other shareholders until November 27, 2000.
Rio Tinto Limited has no current intention of acquiring ownership of, or control over, additional securities of Ashton Mining of Canada Inc other than those currently owned by Ashton Canada Pty Limited.

Ashton Mining Limited's shares trade on the Australian Stock Exchange. The shares of Ashton Mining of Canada Inc trade on The Toronto Stock Exchange under the symbol ACA.

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Robert T Boyd, President and CEO of Ashton Mining of Canada Inc (AMCI) announces that Douglas W Bailey has resigned as a Director of AMCI effective November 17, 2000.
Mr Bailey's resignation was tendered concurrently with his resignation as Chief Executive Officer and Managing Director of Ashton Mining Limited (AML), the beneficial owner of 68.2 percent of AMCI's issued and outstanding common shares.

PROGRAM UPDATE
AMCI continues to advance its exploration programs. Diamond analyses from the K252 kimberlite in Alberta and the Perseus kimberlite in Nunavut are expected by mid-December. Exploration data from the 2000 programs are being analysed and planning is underway for the winter 2001 programs in Nunavut, the Northwest Territories, Alberta and Quebec.

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HERALD RESOURCES (17 NOVEMBER 2000)

The Company is pleased to announce assay results from holes SOP36D on line 9570N, SOP33D (extended) on line 9700N at the Anjing Hitam zone and SOP38D at the north end of Anjing Hitam, Sopokomil at its Dairi Project in North Sumatra.

ANACONDA NICKEL (17 NOVEMBER 2000)

Anaconda has determined not to proceed with Mr J Gutnick's private company, Edensor Nominees Pty Ltd, regarding the acquisition of shares in Centaur Mining & Exploration Ltd.

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ASHTON MINING (17 NOVEMBER 2000)

Ashton Chief Executive, Douglas Bailey and Chairman Justin Gardener tendered their resignations.

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 16/11/2000, from 168,194,383 ordinary shares (5,189%) to 189,300,068 ordinary shares (58.36%).

Reflecting Rio Tinto's increased ownership of Ashton, Messrs Gordon Gilchrist, Brendan Hammond, Terry Appleby, Mike Mitchell, Mark Hughes (as alternate director for Terry Appleby) and Julian Bavin (as alternate director for Mike Mitchell) have been appointed to the Board, and Mr Doug Ritchie has been appointed interim Chief Executive Officer and will be appointed Chairman.

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AURIDIAM CONSOLIDATED (17 NOVEMBER 2000)

Ellendale Project E04/813 - the area in which this tenement is located has been the focus of excellent diamond recoveries in recent months. The Company is therefore pleased to advise that the relevant exploration license has been extended for a further period of 2 years to 8 August 2002.
In addition, the company has lodged an exploration license application for an area covering 210 square kilometres South of the above tenement. The new tenement is located within 4 1/2 kilometres of E04/813. The extension of the company's interests in the region underpins its belief that the recent diamond discoveries are extensive and significant.

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AURORA GOLD (17 NOVEMBER 2000)

Mr Douglas Bailey has today tendered his resignation as a director of the Company, following his resignation as Chief Executive Officer and Managing Director of Ashton Mining Limited.
Mr Bailey's resignation takes effect from today and reflects Rio Tinto's increased ownership of Ashton. Mr Mark Hooper is continuing as a director of Aurora for the time being.
Rio Tinto has acquired a relevant interest in Aurora by virtue of its acquisition of shares in Ashton.

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AUSDRILL (17 NOVEMBER 2000)

Barminco Pty Ltd became a substantial shareholder in Ausdrill Limited on 15/11/2000 with a relevant interest in the issued share capital of 6,376,435 ordinary shares (7.84%).

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BRITANNIA GOLD (17 NOVEMBER 2000)

Britanniahas agreed to place 8,331,225 shares at a price of six cents per share with a free attaching option (1:1) to clients of D J Carmichael Pty Limited. The placement will raise $500,000 less costs of the issue.
The Company also intends to issue a Prospectus for an entitlement issue to shareholders. Under the offer shareholders will be entitled to subscribe for one share at six cents plus a free attaching option on the basis of one new share and option for each four shares held on the record date.

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CENTAUR MINING & EXPLORATION (17 NOVEMBER 2000)

Mr Joseph Gutnick has been appointed Chairman and Managing Director of the Company effective immediately. Mr Tony Guina has been appointed a director of the Company effective immediately.
Andrew Forrest, Stephen Dennis and Michael Masterman have resigned as Directors and Malcolm James has resigned as Company Secretary effective immediately.

The registered office of the Company has changed to 210 Kingsway, South Melbourne, Victoria, 3000.
New contact details are telephone 03 9234 1122 and facsimile 03 9234 1132.

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COAL & ALLIED INDUSTRIES / ESSO (17 NOVEMBER 2000)

CAIL and Esso Australia Resources Pty Ltd, a subsidiary of Exxon Mobil Corporation, today jointly announced that they have signed a Sale and Purchase Agreement for Coal & Allied to acquire from Esso for US$134 Million in cash the Lemington Mine and related interests, including shares in Newcastle Coal Shippers Pty Limited and Mount Thorley Coal Loading Limited.

In 1999, the Lemington Mine produced 3.4 million tonnes of thermal and semi-soft coal, all of which was exported through the Port of Newcastle.

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COEUR D'ALENE MINES (17 NOVEMBER 2000)

Coeur d'Alene Mines Corp (NYSE: CDE) reported a net loss attributable to common shareholders of $8.5 million, or $0.23 per share, for the third quarter of 2000 compared to a net income of $7.0 million, or $0.29 per share, in the third quarter of 1999. Operating results for the latest quarter were highlighted by record silver production and sharply lower silver cash costs at Coeur Silver Valley in Idaho.

THIRD QUARTER HIGHLIGHTS

• Produced 3.1 million ounces of silver, an increase of 28 percent as compared to the third quarter of 1999.
• Achieved record silver production at Coeur Silver Valley.
• Produced 37,848 ounces of gold, a decline of 7 percent from last year's third quarter.
• Cash costs at primary silver operations were below $4.00 per ounce.
• Cash costs at primary gold operations increased to $336 per ounce, primarily due to severe winter conditions experienced by Coeur's Chilean operations.
• The high-grade Cerro Bayo gold-silver vein system was discovered near the Company's Fachinal mine.
• Increased resource estimate at San Bartolome by 15 percent to 122 million contained ounces of silver.
• Continued major exploration and drilling programs at Coeur Silver Valley and Rochester are increasing reserves and resources.
• Coeur has commenced an exploration drilling program on the recently acquired Wonder silver property in Nevada. The Wonder property is a highly prospective, past-producing silver property.

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GOLDFIELDS (17 NOVEMBER 2000)

Goldfields Limited announces the latest drill results from its Raleigh gold deposit located 2.5 kilometres south of the Kundana Gold Mine near Kalgoorlie in Western Australia. The current drill program commenced in early October and is designed to upgrade confidence in the previously announced Inferred plus Indicated Resource (668,000 tonnes grading 35.2g/t gold for a total of 757,000 contained ounces of gold) and also to test for, and define, additional resources at depth.

The results confirm the continuity and high-grade nature of the Raleigh Vein and indicate it to be more continuous and extensive at depth below the original resource boundary than previously thought on both the Goldfields 100% owned tenement and the adjoining East Kundana Joint Venture (Goldfields 51%) tenement.
Of particular significance are the holes drilled on Joint Venture ground to a vertical depth of approximately -600m. All intersected the Raleigh Vein, two with above average grades of 0.5m at 111 g/t Au and 0.5m at 79.7g/t Au, and a third intercepting 0.7m of vein with visible gold for which the assays are awaited. In addition, hole RMRCDO68 which was drilled on the Goldfields 100% owned tenement, intercepted 0.3m of laminated quartz vein (assays awaited). Together these results indicate a potential strike length of up to 600m for the Raleigh Vein at this depth.

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HERON RESOURCES (17 NOVEMBER 2000)

Two RC rigs are continuing to drill at the Goongarrie Nickel Project, returning exceptionally high grade intercepts of nickel-cobalt Limonite Ore. Heron has now completed its One Thousandth Drill Hole at Goongarrie. Resource definition drilling on an 80x8m pattern has been completed over a strike of 1.8km at Scotia Dam, 1.8km at Big Four and at Goongarrie South, 4km has been drilled, with new open ore positions to the north continuing to be drilled (the new zone is designated the Patricia Anne Zone).

At Goongarrie South, ore has now been identified from near surface to 95 metres depth. Intercepts in the newly discovered high grade zones include:

• 36m at 1.13% Ni and 0.22% Co,
• 41m at 1.13% Ni and 0.08% Co,
• 45m at 1.21% Ni and 0.21% Co, with ore still open at the 95m End-of-Hole vertical depth.

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ILUKA RESOURCES (17 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 16,174,042.

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JULIA CORPORATION (17 NOVEMBER 2000)

Mr Simon Buchwald has today been appointed to the Board of Directors of Julia Corporation.

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KINGSGATE CONSOLIDATED (17 NOVEMBER 2000)

Chatree Gold Project Thailand - Commencement of Construction.

The conditions precedent for the USD35 million project loan have now been met and the first drawdown of funds occurred yesterday 16th November, 2000.
This represents the formal commencement of construction of the project.

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MOSAIC OIL (17 NOVEMBER 2000)

Barry Smith has been appointed to Mosaic Oil NL as Chief Geophysicist. Barry Smith has worked as a geophysicist in Australia for 24 years. His most recent work was for Command Petroleum and Cairn Energy.

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NORWEST ENERGY / WEST OIL (17 NOVEMBER 2000)

At 6am Central Standard Time today Coleraine 1 was at a depth of 3297 meters, circulating and increasing mud weight. Yesterday, at a depth of 3297 meters, the well took a kick which when circulated to the surface comprised 21% gas. A shale sample at 3285-3295 meters was dated as base Flamingo Formation, indicating the top objective sandstone reservoirs are not much deeper.
While the formation tops in Coleraine 1 are lower than predicted, it is now interpreted that this structure is deeper and, therefore the total depth of the well has been increased from 3322 to 3440 meters in order to reach the objective Jurassic sands.

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OIL SEARCH (17 NOVEMBER 2000)

Drilling Update - Dua Dua-1 Exploration Well:
Oil Search Limited, as operator of PPL179 in Papua New Guinea, reports that the Dua Dua-1 well was spudded at 0200 hours on 6 November 2000. At 0600 hours on 17th November 2000, the well was drilling ahead at a depth of 1492mRT. During the week the 13(3/8)" casing was set at 709mRT. After running and cementing 13(3/8)" casing, BOP's were successfully installed and tested. A 12(1/4)" drilling BHA was made up and after drilling cement, returns were lost 4m into the Darai Formation. Drilling continued without returns to 1471mRT at which depth the BHA twisted off Attempts to retrieve the BHA were unsuccessful. The well was successfully sidetracked and the well is now drilling ahead in the Darai Limestone. Progress for the week is 754m.
The Dua Dua-1 prospect is located 375km west of Port Moresby and 80km southwest of the Kumul oil loading terminal. The well will be drilled to a depth of 2,850m over a planned 25 day schedule.

SE GOBE-9 DEVELOPMENT WELL PDL3
The SE Gobe-9 development was testing BOP's and preparing to drill out of the 9 (5/8)" casing set at 1970.5mMD at 0600 hours on 17 November 2000. Progress for the week was 630m.
The SE Gobe-9 development well is being drilled from the SE Gobe-1 well pad. It is a deviated development well, aimed at intersecting the productive Iagifu reservoir to the NW of the surface location.

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PACMIN MINING CORPORATION (17 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,771,551.

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QCT RESOURCES (17 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Limited on 16/11/2000, from 675,512,202 ordinary shares (98.06%) to 675,719,653 ordinary shares (98.09%).

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REEF MINING (17 NOVEMBER 2000)

Reef was suspended from quotation on 26 July 2000 in relation to the proposed acquisition of International Concert Attractions Pty Limited. This acquisition is now complete.
The Company has completed its share consolidation of 2 shares into 1.
The Company despatched new holding statements to shareholders on Thursday 16 November 2000.

The suspension of trading in the securities of Reef will be lifted before the commencement of trading on Tuesday 21 November 2000

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STUART PETROLEUM (17 NOVEMBER 2000)

Stuart Petroleum NL says it hopes to be able to announce the finalisation of native title negotiations on its newly-awarded CO98-E and CO98-H oil and gas acreage in the Cooper Basin area of South Australia "within a very short period of time".
Stuart's Chairman, Mr John Branson, told the Company's Annual General Meeting in Adelaide today that he had in fact hoped to make such an announcement before today's meeting.

"However, the finalisation of negotiations and the completion of documentation, has not yet occurred.
"As soon as licences for these two blocks - Pando and Paning - have been issued, Stuart will commence its drilling program for these areas and also progress native title negotiations for our other two blocks, Packsaddle, and Priscilla," Mr Branson said.

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XENOLITH GOLD (17 NOVEMBER 2000)

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

EAST LOST HILLS, CALIFORNIA
Construction of the pipeline and wellsite facilities for the Berkley #1 gas project have commenced, an early January 2001 start up is expected. The current Californian natural gas day price is approximately $13.00 mcf Cdn
Berkley #2 has reached a depth of 17,650 feet, has been evaluated with open-hole logs, and will be eased as a potential gas well. In total, 1,250 feet of Temblor section has been penetrated thus far. Considerable circulation losses were encountered in the Temblor, indicative of excellent reservoir permeability. Gas was flared from the Temblor when the mud weight was lowered in an attempt to cure the lost circulation. The partners are extremely encouraged by these initial results. The #2 well, when successfully completed, can be tied into the gathering system being constructed early in 2001.

Independent reservoir engineering assigns gross proven and probable gas in place of 470 bcf for Berkley #1 and 190 bcf for Bellevue #1-17R for the perforated intervals only. Recovery efficiency will be more accurately determined as reservoir performance is established by production.

Berkley #3, testing a separate exploration prospect west of the initial East Lost Hills anticline, is currently drilling at a depth of 17,000 feet.

Berkley #4, currently rigging up, will spud within the next 10 days with an anticipated total depth of 20,000 feet.

With production from Berkley #1 on schedule to commence in January and Berkley #2 already demonstrating its potential as a gas well, management has growing confidence in the likely success of the Berkley #4, step out well, which will commence drilling within 10 days.

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MINOTAUR GOLD (16 NOVEMBER 2000)

The Board of Minotaur Gold NL announces that the terms of the underwriting agreement in relation to the offer of shares in Minotaur Resources Ltd, pursuant to the Prospectus dated 17 October 2000, have now been fulfilled. Allotment of shares relating to this offer will proceed and it is anticipated that these shares will be issued by 24 November 2000. It will then be possible to complete all the outstanding matters relating to the acquisition of Colloqui Pty Ltd. For more information, click here.

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METALLICA MINERALS (16 NOVEMBER 2000)

Metallica Minerals Limited is a mining company focused on evaluating and developing existing high grade nickel-cobalt laterite deposits in the Greenvale Nickel province of North Queensland.

Metallica is offering 15 million ordinary Shares at 25 cents and 7.5 million free attached options to raise $3,750,000. Over-subscriptions of up to 5 million ordinary shares (and 2.5 million free attached options) will be accepted to raise a further $1,250,000. For details, click here.

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ANACONDA NICKEL (16 NOVEMBER 2000)

Anaconda Operations Pty Ltd announced it has issued a letter of demand to Fluor Corporation (NYSE:FLR) calling for payment of A$1,023.8 million and the indemnification of Anaconda by Fluor for all losses, damages, costs, claims and expenses suffered and incurred by reason of Fluor's breach of contract with Anaconda. Anaconda has also notified Fluor Corporation that they are concerned that its proposed spin-off of Massey Energy may result in Fluor's inability to pay out the claimed damages to Anaconda.

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ASHTON MINING (17 NOVEMBER 2000)

De Beers gives notice that all unaccepted offers under the Takeover Bid are withdrawn.
As a result of this withdrawal, the offer period for the Takeover Bid has ended, and all acceptances and contracts resulting from acceptances of offers under the Takeover Bid are void pursuant to section 65OG of the Corporations Law.

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AUSTRALASIAN GOLD MINES (17 NOVEMBER 2000)

Australasian Gold Mines NL ("ATE") and KEMET Corporation of Greenville, South Carolina, USA ("KEMET") have entered into a Memorandum of Understanding ("Agreement") whereby KEMET will acquire a 50% interest with ATE in a joint venture company referred to hereafter as Tantalum Australia ("TA"), to own and fund the development of ATE's existing tantalum projects, the pilot plant at Dalgaranga, feasibility of future mining and commissioning of full scale plants at Dalgaranga and/or Walwa, assess new project opportunities on a global basis, and to consider the establishment of a refinery or other facilities for further processing of tantalum concentrate and other downstream tantalum products within Australia or elsewhere. It also provides for the purchase by KEMET of processed tantalum products from the pilot plant and any future processing developments.

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FLETCHER CHALLENGE (17 NOVEMBER 2000)

Drilling & Production Testing Report - Tuihu-1

Current Status:

• Ran and cemented 13(3/8)" casing at 1323m
• Rigged up blow out preventers
• Ran in hole and performed Formation Integrity Test
• Current activity: Drilling ahead in 12(1/4)" hole at 1351m. Working to clear minor amounts of junk from the hole
• Lithology is 100% claystone in Manganui Formation

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GINDALBIE GOLD (17 NOVEMBER 2000)

Stephen Hugh Shedden changed his relevant interest in Gindalbie Gold NL on 16/11/2000, from 5,582,165 ordinary shares (10.93%) to 5,582,165 ordinary shares (8.81%).

David Leslie McSweeney decreased his relevant interest in Gindalbie Gold NL on 16/11/2000, from 6,563,750 ordinary shares (12.89%) to 6,373,750 ordinary shares (10.06%).

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ILUKA RESOURCES (17 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 16,246,644.

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NOVUS PETROLEUM (17 NOVEMBER 2000)

Novus said it was considering its options following the Petroz Board's decision to recommend shareholders accept an offer announced today from ENI Spa.
Novus said it would inform the market in the near future as to its intentions.

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OIL COMPANY OF AUSTRALIA / BEACH PETROLEUM (17 NOVEMBER 2000)

Kenmore No 24 an oil development/appraisal well situated approximately 230 metres west-south-west of Kenmore No 14, latitude 26 deg 38 min 50.67 sec south, longitude 143 deg 25 min 53.65 sec east. The well was spudded at 20:00 hours on November 7, 2000 and reached a total depth of 1452 m RT at 20:00 hours on November 11, 2000. At 06:00 hours today the rig was running in hole for a wiper trip prior to running 140 mm production casing. Progress for the week was 1286 metres.

A drill stem test of the Hutton Sandstone over the interval 1397 to 1406.24 metres RT recovered 25 barrels of oil, 3 barrels of watery mud and 1.5 barrels of mud.

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PACIFIC ENERGY (17 NOVEMBER 2000)

Energy World International Ltd increased its relevant interest in Pacific Energy Limited on 14/11/2000, from 2,719,973 ordinary shares (18.45%) to 3,648,973 ordinary shares (23.29%).

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PACMIN MINING CORPORATION (17 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,792,050.

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PETROZ (17 NOVEMBER 2000)

The Board of Petroz NL has today agreed with ENI SpA ("Eni") to unanimously recommend a proposed cash takeover offer by a wholly owned subsidiary of Eni.

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PIMA MINING (17 NOVEMBER 2000)

SAMAG Limited ("SAMAG") has entered into a long-term Metal Sales Agreement With Thyssen Krupp Metalurgie GMGH ("TKMet") for all of SAMAG's proposed output of magnesium metal and alloys.
The agreement provides for SAMAG to receive a guaranteed base price sufficient to fully service the project debt finance requirements.
Pima Mining Chairman, Mr Pat Elliott said, "The agreement is a major milestone in the SAMAG Project's development and a significant endorsement of the Company's approach to producing magnesium."

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QCT RESOURCES (17 NOVEMBER 2000)

Metcoal Holdings (QLD) Pty Ltd increased its relevant interest in QCT Resources Limited on 15/11/2000, from 675,206,315 ordinary shares (98.02%) to 675,512,202 ordinary shares (98.06%).

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SANTOS (17 NOVEMBER 2000)

Weekly Drilling Summary :

Barrolka 5 DW1 - Conducting rig repairs prior to running in hole to
drill ahead. Current measured depth is 2382m, with
612m progress for the week.

Kenmore 24 - Running in hole on wiper trip prior to pulling out to
run 140mm production casing. Total depth of the well
is 1452m, with 1286m progress for the week. A drill
stem test of the Jurassic aged Hutton Sandstone over
the interval 1397m-1406m recovered 4 cubic metres
(25 barrels) oil, 0.5 cubic metres (3 barrels)
watery mud, and 0.25 cubic metres (1.5 barrels) mud.

Z83M - Well cased and suspended. The well reached a total
measured depth of 1869m, with no progress for the
week. The rig was released on 10/11/2000.

SE Gobe 9 - Running intermediate casing. Current measured depth
is 1971m, with 630m progress for the week.

Moomba 121 - Pulling out of hole at total depth prior to running
wireline logs. The well has reached a total depth of
2989m, with 773m progress for the week.

Baryulah 3 - Cased and suspended as a future Permian gas producer.
The well reached a total depth of 2634m with no
progress for the week. The rig was released on
9/11/00.

Ramses 1 - Running in hole with new bit to drill ahead. Current
depth is 2407m, with 1014m progress for the week.

Winninia North 2 - Drilling ahead. Current depth and progress for the
week is 11m. The well spudded at 06:00 hours on
16/11/00.

Raven 2 - Cementing surface casing. Current depth and progress
for the week is 1032m. The well spudded on 13/11/00.

Bow 1 - Pulling out of hole for bit change. Current depth is
2501m, with 1876m progress for the week.

Moomba 135 - Drilling ahead. Current depth and progress for the
week is 798m. The well spudded on 12/11/00.

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WEST OIL (17 NOVEMBER 2000)

Coleraine-1 Drilling Update

At 6.00 am (CST) Thursday, 16th November, Coleraine-1 was at a depth of 3,150 metres and drilling ahead.
It is expected that Coleraine-1 will reach the objective sands before the weekend.
Coleraine-1 will test the large Coleraine fault block which straddles the border with ZOCA 91-12 and has P50 potential recoverable reserves of 150 million barrels. The well is 12.5 kilometres west and updip of Minotaur-1 which is interpreted to have intersected a 7 metre oil column in the Late Jurassic Elang Formation sandstone.

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WMC (17 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,246,683.

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PETROZ (16 NOVEMBER 2000)

The Board of Petroz NL has today agreed with ENI SpA ("Eni") to unanimously recommend a proposed cash takeover offer by a wholly owned subsidiary of Eni.

Eni is one of the world’s largest integrated energy companies with a market capitalisation of Euro 54.7 billion. It is based in Italy and listed on the Milan, New York and SEAQ International stock exchanges. Eni currently holds 17.2 million shares in Petroz (7.6% of the issued capital).

In addition, Eni has entered into a Pre-Bid Acceptance Agreement with Guinness Peat Group ("GPG") in respect of a further 4.37% of Petroz’ issued capital. Under this agreement GPG has agreed to accept the takeover offer for these shares when it is declared unconditional.

The takeover offer will be made at $0.56 cash for each Petroz share and values Petroz at $126.7 million.
The Board of Petroz will recommend that shareholders accept the offer from Eni, in the absence of a higher offer.

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QUEENSLAND GAS (16 NOVEMBER 2000)

MINOTAUR GOLD (15 NOVEMBER 2000)

Minotaur Gold NL announces that its subsidiary, Minotaur Resources Ltd has signed a Native Title Mining Agreement with the Antakirinja Native Title Claimants allowing exploration to proceed on tenements EL 2682 and EL 2730, northwest of Coober Pedy.

These tenements form one of a number of key joint ventures between Minotaur and Billiton Exploration (Australia) Pty Ltd in which Billiton has the right to fund the first $900,000 of expenditure to acquire a 70% interest in the tenements.

Heritage clearances have been obtained for the drilling of two targets that represent potential Olympic Dam style mineralisation beneath some 250-300 metres of cover sediments.

Drilling will commence in late November and is expected to take up to two months to complete.

For further information on the targets to be drilled see the Minotaur Resources Prospectus and Minotaur Gold’s Annual Report at www.minotaurgold.com.au

ASHTON MINING (15 NOVEMBER 2000)

Tan Sri Ibrahim Menudin, Encik Abdul Samad Haji Alias and Tan Sri Datuk Dr Abdul Khalid Sahan have resigned as Directors of the Company and Phan Leong Kim has resigned as an Alternate Director of the Company.

Rio Tinto has increased its offer for Ashton shares to $2.20 cash per share, or one Rio Tinto Limited or Rio Tinto Plc share for every 14 Ashton shares, or a combination of these.
Rio Tinto's unconditional cash offer is significantly above its initial $1.85 per share cash bid, but below De Beers' conditional $2.26 per share cash bid, which Ashton Directors had earlier recommended shareholders accept.

Rio Tinto has already received acceptances from Ashton's largest shareholder, Malaysia Mining Corporation Berhad, in respect of its entire 49.72% shareholding. Rio Tinto reported yesterday it had received acceptances for 51.89% of Ashton shares.

De Beers has announced its intention to withdraw its takeover bid in order to "provide Ashton shareholders and the Ashton Board with clarity on the status of De Beers' offer, and adequate opportunity to effect their investment decisions".

The Ashton Board has declared a special fully-franked dividend of 20 cents per share payable on 7 December 2000. The books closing date for the dividend will be 27 November 2000. The ex-dividend date will be 21 November 2000.

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ANZOIL (15 NOVEMBER 2000)

Anzoil has relocated its offices from the 3rd Floor, 200 Adelaide Terrace, Perth, to 2nd Floor, 200 Adelaide Terrace, Perth, WA 6000.

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AUSTRALASIAN GOLD MINES (15 NOVEMBER 2000)

The securities of Australasian Gold Mines will be placed in pre-open pending the release of an announcement by the Company.

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BURDEKIN PACIFIC (15 NOVEMBER 2000)

The securities of Burdekin Pacific will be placed in pre-open pending the release of an announcement by the Company.

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CENTRAL KALGOORLIE GOLD MINES (15 NOVEMBER 2000)

CKGM announced that it has lodged a prospectus dated 15 November 2000 with the Australian Securities and Investments Commission for the offer of securities to existing shareholders to raise up to $5,600,000. Additionally, any shares which have not been taken up by existing shareholders pursuant to the Entitlement Issue will be available for subscription by the public.

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CONTACT ENERGY (15 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; Maximum remaining number of Contact Energy Limited shares to be bought back: 8,874,486.

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ENERGY RESOURCES OF AUSTRALIA (15 NOVEMBER 2000)

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

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ICON OIL NL (15 NOVEMBER 2000)

We advise that the company's name has been changed to Icon Energy Limited following approval by shareholders in general meeting of the 1st September 2000. Fore additional information, click here.

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KIMBERLEY DIAMOND COMPANY (15 NOVEMBER 2000)

Kimberley has recovered another parcel of mainly gem quality diamonds from processing the latest bulk sample from its Blina Diamond Project in Western Australia, further highlighting the significant economic potential of the project.
The latest results are from Pit 67 North, which is located upstream from Pit 63 and Pit 66, where Kimberley last week announced the recovery of a four-carat fine white gem diamond as part of a parcel of 31 diamonds weighing 12.51 carats.
Processing of the 120-tonne sample, excavated from a trench, yielded 16 diamonds weighing 8.32 carats in total (an average of 0.520 carats).

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MARLBOROUGH RESOURCES (15 NOVEMBER 2000)

Ardlethan Tin Project

Marlborough has reached agreement with BARCLAYS BANK LONDON on a Put Option covering the value of 1,000 tonnes of tin at a strike price of US$4,500 per tonne. This quantity of 1,000 tonnes represents about 70% of the estimated production over for the period from December 2001 to November 2003. This will ensure that Marlborough has the right, but not the obligation, to call on the Put Option so that it will receive US$4,500 per tonne should the LME tin price fall below that level.

This means that Marlborough will receive in excess of A$8,000 per tonne for this 1,000 tonnes, which should cover all operating costs plus 150% of financing and interest costs over the two year period. Marlborough does not have to deliver into this agreement and it could just sell at spot price of tin which is currently in excess of A$10,000 per tonne. As shown on the attached graph, tin price in Australian dollar terms is at a ten year high.

The remaining 30% of estimated production from Ardlethan is free for sale into the spot market or other forward selling agreement and should generate further cash surplus.

At the current spot tin price, it is estimated that the first stage of the project should generate in excess of A$11,000,000 of surplus cash (before interest and tax) over the first three years of full operations.

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MAIDEN GOLD (15 NOVEMBER 2000)

The Strategic Alliance between the South African mining house Anglovaal Mining Limited (Anglovaal) and Maiden has been signed.
Anglovaal's Subscription to US$350,000 (approx AUD 625,000) of Maiden shares at AUD ten cents per share, which forms part of the Alliance Agreement, is now subject to shareholder approval at the Annual General Meeting of Maiden shareholders on the 27th November 2000. The Alliance remains subject to approval by the Reserve Bank of South Africa, which is anticipated to be forthcoming in the near future.

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MOLOPO AUSTRALIA (15 NOVEMBER 2000)

On November 10th, 2000 the Company successfully completed fracture stimulation ("fraccing") operations on Seam 8 (the target seam) of the final re-drilled well, LW-L2B, in the Liulin Coalbed Methane (CBM) gas project, Shanxi Province, China.

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NORWEST ENERGY / WEST OIL (15 NOVEMBER 2000)

Norwest Energy advised that the current operation at Coleraine 1 is running into the hole with the 6-inch bit. Once the cement plug on bottom has been tagged the well will be circulated prior to recommencing drilling.
It is expected that Coleraine 1 will commence drilling new hole today but after the Australian Stock Exchanged has finished trading.

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PANCONTINENTAL OIL & GAS (15 NOVEMBER 2000)

Pancontinental announced that it has reached agreement with Westech Energy New Zealand to earn a 7.5% equity in PEP 38335 in the East Coast Basin of the North Island of New Zealand by contributing 10.0% to the US$1.327 million during costs of the Waitaria 2 well. Waitaria 2 is scheduled to be spudded in January 2001. Pancontinental will only contribute 7.5% to completion and testing costs. This agreement is still subject to final documentation and Government approvals.

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PETROZ (15 NOVEMBER 2000)

The securities of Petroz NL will be placed in pre-open pending the release of an announcement by the Company.

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PILBARA MINES (15 NOVEMBER 2000)

TVG Request DSL Holdings Ltd & TVG Asian Communications Fund II, LP became a substantial shareholder in Pilbara Mines Limited on 23/10/2000 with a relevant interest in the issued share capital of 7,368,083 ordinary shares (17%).

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QCT RESOURCES (15 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Limited on 14/11/2000, from 674,747,314 ordinary shares (97.95%) to 675,206,315 ordinary shares (98.02%).

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SELWYN MINES (15 NOVEMBER 2000)

Selwyn has announced an inaugural Mineral Resource Estimate for the Selwyn Line deposits (100% owned), at its Selwyn Project, situated approximately 150 kilometres southwest of Mt Isa, north-west Queensland.
Snowden Mining Industry Consultants ("Snowden") has completed a Mineral Resource Estimate covering approximately 6 kilometres of the Selwyn Line, a north-south striking belt of mineralisation, passing approximately 1.5 kilometres east of the Selwyn Plant.
The new Mineral Resource totals 300 million tonnes @ 0.39% copper and 0.53g/t gold containing 1.17 million tonnes of copper and 5.07 million oz of gold. It comprises firstly, 254 million tonnes @ 0.34% copper and 0.48g/t gold above 1000mRL (approximately 400m below surface), at a 0.2% copper equivalent cutoff grade, and secondly, 46 million tonnes @ 0.64% copper and 0.81g/t gold below 1000mRL, at a 0.5% copper equivalent cutoff grade.

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TROY RESOURCES / TAIPAN RESOURCES (15 NOVEMBER 2000)

Troy Resources NL increased its relevant interest in Taipan Resources NL on 14/11/2000, from 19,765,832 ordinary shares (9.19%) to 43,000,000 ordinary shares ( 19.99%).

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SUN RESOURCES (15 NOVEMBER 2000)

Sun advised completion of an agreement with Westech Energy New Zealand ("Westech") to earn a 7.5% interest in PEP 38335, East Coast Basin on the east coast of the North Island of New Zealand. Sun will contribute 10.0% of the US$1.327 million dry hole drilling costs of the Waitaira Prospect after which its ongoing contribution will be at its 7.5% interest. This agreement is still subject to final documentation of the Joint Operating Agreement and New Zealand Government approval.

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WMC (15 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,446,683.

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ASHTON MINING (14 NOVEMBER 2000)

Malaysia Mining Corporation Berhad ceased to be a substantial shareholder in Ashton Mining Limited on 14/11/2000.

De Beers Australia Holdings Pty Ltd ceased to be a substantial shareholder in Ashton Mining Limited on 13/11/2000.

Capricorn Diamonds Investments Pty Ltd increased its relevant interest in Ashton Mining Limited on 11/11/2000, from 161,415,508 ordinary shares (49.83%) to 168,194,383 ordinary shares (51.89%).

De Beers Australia Holdings Pty Ltd (De Beers) announced it intends to seek the consent of the Australian Securities and Investments Commission (ASIC) to withdraw its takeover bid for Ashton Mining Limited.

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AURORA GOLD (14 NOVEMBER 2000)

De Beers Australia Holdings Pty Ltd ceased to be a substantial shareholder in Aurora Gold Limited on 17/10/2000.

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AUSTRALIAN SANDSTONE INDUSTRIES (14 NOVEMBER 2000)

Australian Sandstone Industries has allocated 800,000 ordinary shares at a price of 6.5 cents per share. The $52,000.00 raised will be used for additional working capital and further reduction of debt.

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AURORA GOLD (14 NOVEMBER 2000)

De Beers Australia Holdings Pty Ltd ceased to be a substantial shareholder in Aurora Gold Limited on 17/10/2000.

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BLIGH OIL & MINERALS (14 NOVEMBER 2000)

Drilling Activity and Project Status Report:

NEW ZEALAND - PEP38719, Taranaki Basin, Bligh Interest: 5.00%
The Rimu B-2 well is currently at a depth of 3019m, drilling ahead in 8(1/2)" hole.
The Rimu B-2 well will be drilled to a depth of approximately 4600 metres, to provide further geological information on the Upper and Lower Tariki reservoirs and the Upper Cretaceous North Cape sand, on the Rimu-Kauri trend. It is anticipated that the Rimu B-2 well will encounter the Upper and Lower Tariki reservoirs at a structural elevation low to the Rimu B-1 well, but high to the Rimu A-1 discovery well.

NEW ZEALAND - PEP38718, Taranaki Basin, Bligh Interest: 10.00%
The Tuihu exploration well is at a depth or 1327m. The current operation is preparing to drill out of 13(3/8)" casing.
Tuihu #1 will be drilled to a minimum depth of approximately 4300 metres to evaluate the Tariki sandstones, on a structure with approximately 30 square kilometres of closure. Depending upon the results encountered in the Tariki formation, the well may be deepened to test the Kapuni formation, at a depth of approximately 4500 metres.

NEW ZEALAND - PEP38728, Taranaki Basin, Bligh Interest: 40.00%
Line surveying and shot hole drilling operations on the Tangahoe seismic survey are continuing. Recording is expected to commence in late November.

PAPUA NEW GUINEA - PPL206, Bosavi, Foreland/Darai Plateau. Bligh Interest: 50.00%
Surveying and drilling operations continued on the Okari seismic survey. Seismic data recording has commenced.

UNITED STATES - Bayou Choctaw Project, Iberville Parish, Louisiana. Bligh Interest: 100.00%
During the past week, workover operations have been conducted on the Lear Schwing #1 well, to determine its suitability as a re-entry candidate. It was hoped that the wellbore could be deepened from its historical total depth of 12,600 feet, to a new depth of 14,500 feet, to test several deep plays which are evident on this feature at depths of 13,000 - 14,500 feet. Unfortunately, it has been determined that the wellbore contains approximately 2300 feet of tubing, parted below a depth of 9400 feet. This was apparently inadvertently cemented into place, during workover operations conducted on the wel in 1986-1987, preventing any further work on the wellbore at that time. The presence of the tubing was not indicated in any of the historical plugging reports which are available.

The Lear Schwing #1 has 10-15 feet of gas pay, which is evident at a depth of 11,816 feet. It is believed that this zone was prematurely abandoned, and that remaining reserves of approximately 1.5 billion cubic feet of gas are present. Consideration is being given to a sidetrack of the well, to a point 750 feet northeast, to place this zone on a production as a source of early cash flow. A decision on this will be made within the next week. Alternative strategies are being considered for the testing of the deep plays at 13,000 - 14,500 feet on the Schwing prospect area.

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BUKA MINERALS / TRIAKO RESOURCES (14 NOVEMBER 2000)

Triako Resources Limited increased its relevant interest in Buka Minerals Limited on 13/11/2000, from N/A ordinary shares ( N/A%) to 2,521,096 ordinary shares (21.36%).

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CONSOLIDATED RUTILE (14 NOVEMBER 2000)

Perpetual Trustees Australia Ltd increased its relevant interest in Consolidated Rutile Limited on 13/11/2000, from 22,755,199 ordinary shares (13.14%) to 24,505,928 ordinary shares (14.15%).

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CONTACT ENERGY (14 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; Maximum remaining number of Contact Energy Limited shares to be bought back: 9,024,486.

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EXCO RESOURCES (14 NOVEMBER 2000)

Exco's North Queensland exploration program, under its Strategic Alliance with BHP, has enjoyed a significant boost with the announcement of a promising early discovery at its Hazel Creek Copper Project, located 90 kilometres north of Cloncurry.

Exco saidthat reverse circulation drilling in the northern part of the Hazel Creek tenements, an area known as Eight Mile Creek North, had produced results including 36 metres averaging 0.91% copper from 42 metres in hole EHRC69.
This intersection included higher grade zones of 14 metres at 1.04% copper from 42 metres down hole and 6 metres at 1.98% copper and 0.19 g/t gold from 72 metres down hole.

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GREENSTONE RESOURCES (14 NOVEMBER 2000)

Greenstone announced the granting of its 100% owned Exploration Licence at Lake Kopiago in Papua New Guinea.
The tenement area is 266sqkm covering Oligocene to Miocene rocks on the northern edge of the Papuan Fold Belt. Access to Lake Kopiago is by the Southern Highlands Highway, or by light plane.
The target is based on aeromagnetics and previous stream sediment sampling which indicate possible Porgera style mineralisation. The aeromagnetics clearly indicate a cluster of 9 small intrusives which lie within a drainage pan concentrate gold anomaly of 165 micrograms gold, covering an area of approximately 30 sqkm

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HENRY WALKER ELTIN GROUP (14 NOVEMBER 2000)

Henry Walker Eltin has reported further progress in the development of its American operations with a US$180 million mining contract at a mine proposed for development in Brazil being announced to the company's Annual General Meeting today.

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ILUKA RESOURCES (14 NOVEMBER 2000)

Commonwealth Bank of Australia, Colonial Limited increased its relevant interest in Iluka Resources Limited on 09/11/2000, from 13,375,093 fully paid ordinary shares (5.99%) to 15,454,579 fully paid ordinary shares (7.10%).

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NOVUS PETROLEUM / PETROZ (14 NOVEMBER 2000)

Novus offers to acquire all of the Petroz Shares on issue on the Register Date, and any Petroz Shares issued as a result of the exercise of Petroz Options during the Offer Period.

The consideration offered by Novus is one Novus Share for every 3.75 Petroz Shares, except that, as more fully set out in section 5.11, Novus Shares will not be available to certain foreign shareholders.

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PACMIN MINING CORPORATION (14 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 8,802,250.

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PETROZ (14 NOVEMBER 2000)

CHAIRMAN'S LETTER

It is with pleasure that I enclose an Offer by Novus for all of your ordinary shares in Petroz.

THE OFFER
Novus is offering one Novus Share for every 3.75 Petroz Shares. The Offer values Petroz Shares at:

• 48.8 cents based on the closing price of Novus Shares of $1.83 on Friday, 13 October 2000, being the last trading day before the announcement of the Offer; or
• 50.4 cents based on the volume weighted average price of Novus Shares of $1.89 in the five trading days prior to 13 September 2000, being the day on which the Novus proposal to merge Novus and Petroz by way of a Scheme of Arrangement was publicly announced.

WHY YOU SHOULD ACCEPT
SIGNIFICANT PREMIUM
The Novus Offer represents a significant premium of 78% to the volume weighted average Petroz Share of 27.4 cents for the three months prior to 19 July 2000, being the date on which Petroz price need the proposed placement to Fletcher Challenge Energy which has subsequently been rejected by Petroz shareholders.

CONTINUED EXPOSURE TO THE BAYU-UNDAN PROJECT
By accepting the Offer and becoming a Novus shareholder you will retain exposure to the Bayu-Undan Project. Due to Novus' strong financial position and significant cash flows, it will be able to fund the development of the Bayu-Undan Project so as to realise the value of Petroz' interest in the project.

NO EQUITY CAPITAL RAISING TO FUND THE BAYU-UNDAN PROJECT
If you accept the Offer and become a Novus shareholder you will not be asked to contribute to equity capital raisings to fund the development of the Bayu-Undan Project. If you remain a Petroz shareholder there is a strong possibility that you may be asked to contribute to a major equity raising by Petroz, and if you do not contribute you will be faced with dilution.

AN OPPORTUNITY TO BECOME A NOVUS SHAREHOLDER
Novus is an Australian upstream oil and gas company that has been listed on ASX since 1995. It is the listed oil and gas exploration and production company. Novus has a strong fourth largest Australian international portfolio of existing producing and development projects from which it derives substantial cash flow and profits.

The Offer contained in the attached Bidder's Statement is open until 6:00pm Brisbane time on 6 December 2000. I encourage you to consider this document carefully.

If you have any general questions about the offer please do not hesitate to call Novus on 61-2-9248 0729, or if you have any questions about your acceptance, please contact Computershare Registry Services Limited on Toll Free 1 800 269 981.

The Offer by Novus is clearly a win-win deal for Novus and Petroz shareholders. I urge you to accept Novus' Offer and I look forward to welcoming you as a shareholder of Novus.

D Blair
CHAIRMAN

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QCT RESOURCES (14 NOVEMBER 2000)

Metcoal Holdings (Qld) Pty Ltd increased its relevant interest in QCT Resources Limited on 13/11/2000, from 674,164,920 ordinary shares (97.87%) to 674,747,314 ordinary shares (97.95%).

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QUANTUM RESOURCES (14 NOVEMBER 2000)

The Company is making a renounceable rights issue of New Shares and New Options to Shareholders on the basis of one New Share for every Ordinary Share held on 21 November 2000 at an issue price of 10 cents per New Share together with one New Option (at no issue price) with every New Share allotted. The New Options will have an exercise price of 10 cents per New Option.

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SONS OF GWALIA (14 NOVEMBER 2000)

Daily Share Buy-Back Notice - continued; the remaining number of shares to be bought back - 2,912,253.

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TAIPAN RESOURCES / TROY RESOURCES (14 NOVEMBER 2000)

Troy Resources now holds 19.9% of the voting power of Taipan Resources NL.

N M Rothschild Australia Holdings Pty Limited ceased to be a substantial shareholder in Taipan Resources NL on 14/11/2000.

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TAP OIL (14 NOVEMBER 2000)

Hero-1 Update :

As at 6.00am today, the well has drilled ahead to 59 metres measured depth and will continue to drill ahead to the planned total depth of 160 metres measured depth.
The well has experienced some engineering difficulties after encountering shallow gas containing hydrogen sulphide gas. These difficulties have been resolved and the well will be drilling ahead tomorrow. The well is expected to be completed by the end of the week.

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TRIAKO RESOURCES (14 NOVEMBER 2000)

Triako Resources Limited changed its relevant interest in Ausmelt Limited on 13/11/2000, to 2,521,096 ordinary shares (21.36%).

Triako increased its relevant interest in Buka Minerals Limited on 13/11/2000, from N/A ordinary shares ( N/A%) to 2,521,096 ordinary shares (21.36%).

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WELLS GOLD CORPORATION (14 NOVEMBER 2000)

Biddle Partners Pty Ltd became a substantial shareholder in Wells Gold Corporation Limited on 07/11/2000 with a relevant interest in the issued share capital of 58,232,389 ordinary shares (15.41%).

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WERRIE GOLD (14 NOVEMBER 2000)

Werrie announced that it has completed a $500,000 capital raising. This has been funded by the placement of 6,250,000 shares at a price of $0.08. This placement was made for the purpose of working capital and to explore opportunities including others outside the mining industry.

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WESTERN AUSTRALIAN DIAMOND TRUST (14 NOVEMBER 2000)

De Beers Australia Holdings Pty Ltd ceased to be a substantial shareholder in Western Australian Diamond Trust on 18/11/2000.

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WEST OIL (14 NOVEMBER 2000)

Coleraine-1 Drilling Update:

At 6-00 am (CST) Tuesday, 14th November, Coleraine-1 was running in the hole with the 6' bit.
Yesterday, the top of the 7' liner was successfully pressure tested. It is now planned to finish running in the hole and then pressure test the base of the 7' liner. Once this is successfully completed, Coleraine-1 can drill ahead to the top of the Elang sands, expected at 3,163 metres.

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WMC (14 NOVEMBER 2000)

WMC Sells Shares in Mondo Minerals Oy

WMC announced that it will sell its 50 per cent shareholding in the Mondo Minerals talc joint venture to partner, Omya.

“We were committed to building a first-class talc business on an international scale. However, our partner Omya saw particular potential in developing Mondo Minerals alongside their calcium carbonate business”, said WMC Chief Executive Officer, Hugh Morgan. “Their offer of SF110 million is above what we could expect to extract from our Mondo shareholding in the reasonable term, therefore we accepted their offer.”

WMC Advances Corridor Sands Project

WMC announced that it will exercise its exclusive option over the “Corridor Sands” project in southern Mozambique, moving forward to undertake a bankable feasibility study on the world-class titanium resource.
The cost of exercising the option to this next stage is US$15M, and WMC will progress the project with partners Southern Mining Corporation Limited (Southern Mining) and the state-owned Industrial Development Corporation of South Africa (“IDC”).

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WOODSIDE PETROLEUM (14 NOVEMBER 2000)

Progress Report - WA-1-L Gaea-1 :

Woodside Petroleum Ltd, Operator of the WA-1-L Joint Venture, reports that the Gaea-1 exploration well located in the Carnarvon Basin was drilling a 12 1/4 inch hole at 3191 metres on 14 November 2000.

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MACMIN (13 NOVEMBER 2000)

Exploration has recommenced at the Texas Silver Project in south east Queensland.

This exploration will initially target five silver/base metal prospect areas, also identified as aerial potassium radiometric anomalies similar to the potassium anomaly at the Twin Hills Mine site.

These prospects are geographically separate from the above proposed mine. The prospect areas cover at least 15 sq kms and initial reconnaissance has identified alteration/rocks similar to those at the proposed mine site at each of these prospects. Extensive rock chip and some geochemical soil sampling will be completed over the next four weeks and subject to results received, drill testing could commence early in 2001. These new prospect areas have the potential to substantially increase the silver resource in the Texas district.

Metals Treatment Technology LLC (MT²) of Denver USA has agreed to renegotiate the terms of its agreement with Macmin for the exclusive rights within Australia of certain metals treatment technologies, which allow the cleanup of metals contaminated sites and alleviates acid drainage.

Macmin (Ecobond Pty Ltd) will now not have to make a substantial up front payment as part of the agreement but will be granted a 12 month option to first develop the business in Australasia.

The CEO of MT² will visit Australia in early December to assist Macmin in the presentation of the technology to investors and to complete re-negotiation of the agreement. Further details should be released by mid December.

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QUEENSLAND GAS CO (13 NOVEMBER 2000)

Queensland Gas Company Limited (ASX: QGC) today announced that the first well in their five well Initial Drilling Program, Wyalla No 1, has flowed coalbed methane gas (CBM) from the upper section of the Walloon Coal Measures, in the Surat Basin in southeast Queensland.

The Wyalla No 1 well, which is located approximately 28 kilometres southeast of the township of Chinchilla, falls within part of Authority to Prospect No 676-P where QGC can earn a 50% interest.

Commenting on the event, QGC Managing Director Mr Norm Zillman said that the flow from Wyalla No 1 well represented the first gas ever produced from the Walloon Coals intended for commercial production.

"The flow is significant in that natural gas is being produced at the doorstep of the major market of South-East Queensland. All five wells will be within 20 kilometres of the existing Roma to Brisbane gas pipeline or the Peat/ Scotia to Condamine gas pipeline presently under construction.

"Furthermore, as our prospect is on freehold land, we will not experience any potential Native Title problems. The wells are also within close proximity of existing infrastructure such as roads, power and towns," Mr Zillman said.

On November 12, the well was at a total depth of 121.12 metres with 6 5/8 inch surface casing set at 49.5 metres. An openhole test of the 6 inch hole from 49.5 metres to 121.12 metres resulted in a stabilized CBM gas flow of 45,000 cubic feet per day (1,275 cubic metres per day) at a back pressure of between 15 and 16 psi with no water.

"We expect that the Wyalla 1 flow rate can be increased substantially following operations to decrease the back pressure on the producing seams and clean out and increase the diameter of the well bore.

"By way of comparison, CBM producing wells from comparable depths in the Powder River Basin of Wyoming in the United States would average about 100,000 cubic feet per day," Mr Zillman added.

Future operations at Wyalla No 1 will include wireline logging, underreaming to increase the diameter of the hole, possible stimulation and further testing.

Mr Zillman said, "the Company is very encouraged by this excellent early result at Wyalla No 1 which is in line with expectations as outlined in the prospectus". For additional information, click here.

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ALLIANCE GOLD (13 NOVEMBER 2000)

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AMITY OIL (13 NOVEMBER 2000)

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BATTLE MOUNTAIN GOLD (13 NOVEMBER 2000)

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BEACH PETROLEUM (13 NOVEMBER 2000)

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COPPER MINES AND METALS (13 NOVEMBER 2000)

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GILT EDGED MINING (13 NOVEMBER 2000)

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GIRALIA RESOURCES (13 NOVEMBER 2000)

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GOLDEN HERITAGE (13 NOVEMBER 2000)

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GTN RESOURCES (13 NOVEMBER 2000)

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HAMPTON HILL MINING (13 NOVEMBER 2000)

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HARDMAN RESOURCES (13 NOVEMBER 2000)

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KINGSTREAM STEEL (13 NOVEMBER 2000)

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LAKE RESOURCES (13 NOVEMBER 2000)

LYNAS CORPORATION (13 NOVEMBER 2000)

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NORWEST ENERGY / WEST OIL (13 NOVEMBER 2000)

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PACMIN MINING (13 NOVEMBER 2000)

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QCT RESOURCES (13 NOVEMBER 2000)

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SYDNEY GAS COMPANY (13 NOVEMBER 2000)

TAIPAN RESOURCES / TROY RESOURCES (13 NOVEMBER 2000)