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Tuesday
22 July 2014
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   TODAY'S STORIES
 
OIL AND GAS 
Manufacturers’ gas problem


AUSTRALIA’S manufacturing output will contract by $A118 billion over the next seven years and 14,600 manufacturing jobs will be lost unless higher domestic gas prices are reigned in.
Full Story...


MORE OIL AND GAS

PNG LNG drives stronger Q2 production for Santos


Fresh bid for Roc on cards


PNG LNG dents spot market


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MINING 
Crater Gold rattles tin


CRATER Gold intends to raise $A3.45 million to drive development of its flagship high-grade zone project at Crater Mountain, with production to start by the fourth quarter of 2014.
Full Story...


MORE MINING

St Barbara reduces Gold Ridge workforce


Oceana plans Philippines training centre


WCB ready for Misima drilling


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MARKET WATCH 
PNG LNG drives stronger Q2 production for Santos


SANTOS today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project ahead of schedule.
Full Story...


MORE MARKET WATCH

Fresh bid for Roc on cards


PNG LNG dents spot market


WCB ready for Misima drilling


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PROJECT WATCH 
PNG LNG drives stronger Q2 production for Santos


SANTOS today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project ahead of schedule.
Full Story...


MORE PROJECT WATCH

Roc’s internal battle over


Contract coup


More high grade for Crater


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COMPANY WATCH 
Crater Gold rattles tin


CRATER Gold intends to raise $A3.45 million to drive development of its flagship high-grade zone project at Crater Mountain, with production to start by the fourth quarter of 2014.
Full Story...


MORE COMPANY WATCH

Fresh bid for Roc on cards


Boart denies bankruptcy reports


Sentient boosts Marengo stake to 80%


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REGIONAL WATCH 
Manufacturers’ gas problem


AUSTRALIA’S manufacturing output will contract by $A118 billion over the next seven years and 14,600 manufacturing jobs will be lost unless higher domestic gas prices are reigned in.
Full Story...


MORE REGIONAL WATCH

Oceana plans Philippines training centre


News Wrap


Oil field services market tipped to grow


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ECONOMY 
BSP announces buyback


THE Bank of South Pacific has announced plans for an on-market buyback of its own shares.
Full Story...


MORE ECONOMY

Bank offers investment briefing


Japan plans to double PNG, Australia gas imports


PNG looks to West Papua potential


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PNG LNG 
PNG LNG drives stronger Q2 production for Santos


SANTOS today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project ahead of schedule.
Full Story...


MORE PNG LNG

PNG LNG dents spot market


High pressures suspend InterOil’s Wahoo-1


GE moves to expand in PNG


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POMSoX 
BSP announces buyback


THE Bank of South Pacific has announced plans for an on-market buyback of its own shares.
Full Story...


MORE POMSoX

Bank offers investment briefing


PNG licence crackdown


KAML reports record increase


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Crater Gold rattles tin


CRATER Gold intends to raise $A3.45 million to drive development of its flagship high-grade zone project at Crater Mountain, with production to start by the fourth quarter of 2014.
Full Story...


Oil Search drives AIDS focus


OIL Search will highlight the importance of public-private partnerships in response to HIV at an international conference beginning today in Melbourne.
Full Story...


St Barbara reduces Gold Ridge workforce


ST BARBARA has cut the workforce at its suspended Gold Ridge operations in the Solomon Islands after confirming a restart will not be possible for some time.
Full Story...

Manufacturers’ gas problem


AUSTRALIA’S manufacturing output will contract by $A118 billion over the next seven years and 14,600 manufacturing jobs will be lost unless higher domestic gas prices are reigned in.
Full Story...


Oceana plans Philippines training centre


OCEANAGOLD is planning to construct an underground mining training facility in the Philippines to provide for the future workforce requirements of its Didipio gold-copper mine.
Full Story...


Strong outlook for Brierty


CONTRACTOR Brierty has released an upgraded full-year profit guidance for 2014 and announced a strong outlook for the year ahead.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Buru faces indigenous opposition; Bombay High rig evacuated; Idled Rosneft refinery shelled in Ukraine; Mexican oil reform; New Croatian licencing round; and Syrian gas field massacre.
Full Story...


PNG LNG drives stronger Q2 production for Santos


SANTOS today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project ahead of schedule.
Full Story...


Fresh bid for Roc on cards


CHINESE conglomerate Fosun Group is reportedly considering a bid for Roc Oil which could outmatch the Roc-Horizon Oil merger.
Full Story...


PNG LNG dents spot market


OVERSUPPLY has led to a 26.5% year-on-year fall in Platts’ recent spot LNG index with the PNG LNG project receiving some of the blame.
Full Story...


WCB ready for Misima drilling


EXPLORER WCB Resources is in the final stages of selecting a contractor for a drilling program at its Misima porphyry prospect in Papua New Guinea.
Full Story...


Boart denies bankruptcy reports


SHARES in troubled drilling giant Boart Longyear hit an all-time low this week as the company confirmed it had appointed restructuring experts but said there had been no material developments in its strategic review.
Full Story...


Sokalsky out in Barrick shake-up


MINING giant Barrick Gold is without a CEO after restructuring its management to enable the company “to meet the distinct demands and challenges of the mining industry in the 21st century”.
Full Story...


High pressures suspend InterOil’s Wahoo-1


INTEROIL has suspended its Wahoo-1 well in Papua New Guinea after intersecting gas and higher-than-expected pressures that could compromise rig safety prompting fears of a possible blowout.
Full Story...


Sentient boosts Marengo stake to 80%


MARENGO Mining has completed the issue of $US10 million of convertible unsecured debentures to its major shareholder Sentient Executive in a deal which will see the private equity firm lift its stake in the Papua New Guinea explorer from 22% to 80%.
Full Story...


Coppermoly jells with shareholder on loan agreement


EXPLORER Coppermoly has entered into a bridging loan with its major shareholder Jelsh Holdings for the sum of $500,000.
Full Story...





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