BHP Group Ltd (ASX:BHP) is a world-leading resources company. We work in more than 90 locations worldwide and our products are sold globally. We've positioned our business to support the megatrends shaping our world. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Copper for renewable energy. And we are moving into potash to support more sustainable farming.
Alinta Energy Group (ASX:AEJ), formerly known as Babcock & Brown Power, said it has received a number of indicative, non-binding, confidential bids while the power generator is in the process of the restructure of its finance facilities. These bids include bids for both whole of business and parts of the business.
The Australia share market Monday closed firmer on hope of a gradual appreciation of the Chinese yuan. At the close, the benchmark S&P/ASX200 index rose 60.7 points, or 1.33 per cent, to 4612.6 points and the broader All Ordinaries index added 58.6 points, or 1.28 per cent, to 4632.7 points. The market was also inspired by the news that Australian federal government struck a A$11 billion deal with Telstra over the planned national broadband network.
Alumina Ltd. (ASX:AWC) Chief Executive John Bevan said Thursday on the UBS Australian Resources Conference that the current system of pricing alumina does not represent industry fundamentals and developments in the Chinese industry will drive structural change in the alumina market.
D'Aguilar Gold Limited (ASX:DGR) hereby notifies shareholders of the early termination of its current Non-Renounceable Rights Issue (Current Rights Issue). All shareholders who have participated in the Current Rights Issue to date will have their application monies refunded in full.
The following announcement is made by Oil Basins Limited (ASX:OBL) so as to keep the market fully informed. As mentioned in the OBL March 2010 Quarterly Report released to the ASX on 30 April 2010, the Company is pleased to advise that as a result of the recent Vic/P41 Joint Venture Meeting, OBL was appointed agent on behalf of the Vic/P41 joint venture for Managing the Farm-Out.
Dynasty Metals Australia Limited (ASX:DMA) is pleased to provide a Quarterly Activities Report for the period ending 31 March 2010.
Bandanna Energy Limited (ASX:BND) is pleased to announce a drilling program has resumed at its Joint Venture coal tenements in the Galilee Basin in Central Queensland.
D'Aguilar Gold Limited (ASX:DGR) are pleased to announce that the company has entered an agreement for its subsidiary Navaho Gold Pty Ltd to acquire Mingoola Gold Pty Ltd in exchange for 7 million shares and 7 million options in Navaho and D'Aguilar's commitment to arrange initial funding of A$610,000 seed capital. D'Aguilar will continue to hold a majority equity stake in Navaho Gold, and assist with its corporate and project development plans. D'Aguilar currently holds 9,623,600 shares in Navaho.
The Australian shares opened higher on Tuesday despite most Asian markets dropped in early trade. Miners were boosted by stronger copper and gold prices. Most Asian markets yesterday rose as sentiment was improved after prospects of a European Union and the International Monetary Fund bailout for Greece. The Australian sharemarket was closed on Monday for a public holiday. In economic news today, the Australian Bureau of Statistics is due to unveil producer price indices (PPI) for March quarter. The National Australia Bank releases its business confidence survey for the March quarter.
The Australian shares Wednesday opened stronger with 0.6 per cent in early trade. The market rose on hope of an overall corporate earnings recovery and on higher commodities prices. The Australian dollar was also up this morning as investors' risk appetite increased. Asian stock markets mostly rebounded yesterday. China's Shanghai Composite closed flat after a massive drop in previous trading session, with property shares remained weak.
