Anglo Pacific Group Plc

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce a Coal Resource upgrade of 87.2 million tonnes on Vista. This increases the Company's total Coal Resource to 1.46 billion tonnes.

Gold explorer Beadell Resources Limited (ASX:BDR) said it has agreed to sell the Amapa Iron Ore Royalty for A$31.25 million cash to the global natural resources royalties company, Anglo Pacific Group (LON:APF)(TSE:APY).

The Australian share market showed a quiet response to the federal budget and closed in thin trading on Wednesday. Meanwhile, a growing list of companies seeking capital raising also absorbed attention from investors. The benchmark S&P/ASX200 index fell 21.1 points, or 0.54 per cent, at 3856.1, while the broader All Ordinaries index dropped 21.1 points, or 0.55 per cent, to 3842.5.