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ASX300 News Digest

17 Apr 2014

16:08 | KAR

Karoon Gas Australia Provides Poseidon North-1 Progress Report No 3

Karoon Gas Australia provided an update on the Poseidon North-1 well, reporting that as at 0600 WST on 17 April 2014 the hole was at a depth of 3,820 mRT and preparations were being...

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15:07 | FLT

Flight Centre Travel Group Appeals ACCC Case

Flight Centre Travel Group advised that it has appealed against the Federal Court's decision to uphold the ACCC's competition law test case against it. The company has formally...

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14:48 | CQR

Charter Hall Retail REIT Announces Acquisition of Coomera City Centre

Charter Hall Retail REIT announced that it has entered into an option to acquire Coomera City Centre in Coomera, Qld, for $59.2m. The transaction represents a year one yield of...

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09:52 | API

Australian Pharmaceutical Industries Reinstates to Official Quotation

The suspension of trading in the securities of Australian Pharmaceutical Industries will be lifted immediately, following an announcement made by the company.

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09:52 | API

Australian Pharmaceutical Industries Provides Company Update

Australian Pharmaceutical Industries announced that in preparation for the release of its half year results, the company will incur an asset impairment charge of $131m....

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09:27 | PRU

Perseus Mining Resumes Operations at Edikan Gold Mine

Perseus Mining advised that ore processing operations resumed at its Edikan gold mine in Ghana at approximately 5:00pm GMT on Wednesday 16 April 2014, seven days after a fire...

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09:21 | WPL

Woodside Petroleum Provides March 2014 Quarterly Activities Report

Woodside Petroleum provided its March 2014 quarterly activities report, reporting that sales revenue for the quarter was US$1,675m, up 15.9% on Q1 2013 predominantly due to...

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09:15 | SHV

Select Harvests Announces Claim by ALMAS Almonds

Select Harvests referred to its 28 February 2014 announcement which advised that the company is in dispute with Almas Almonds. The dispute relates to the provision by the company to...

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09:10 | BDR

Beadell Resources Provides Annual Mineral Resource and Ore Reserve Update

Beadell Resources announced an annual Mineral Resource and Ore Reserve update as at 31 December 2013, produced in accordance with the 2012 Edition of the Australasian Code for...

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09:09 | STO

Santos Provides March 2014 Quarterly Activities Report

Santos provided its March 2014 quarterly activities report, reporting that first quarter production of 12.2 million barrels of oil equivalent (mmboe) was higher than the first...

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09:00 | RRL

Regis Resources Reports Positive Cash Flow of $16.73m for the 31 March 2014 Quarter

Regis Resources reported positive cash flow of $16.73m for the quarter ended 31 March 2014. Operating cash flow for the period was $17.64m. Payments for exploration and evaluation...

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08:29 | SYD

Sydney Airport Announces March 2014 Traffic Performance

Sydney Airport announced that total domestic and international passenger traffic for March 2014 is estimated to be flat on the pcp. For international traffic, the major nationality...

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08:29 | EVN

Evolution Mining Provides March 2014 Quarterly Activities Report

Evolution Mining provided its March 2014 quarterly activities report, reporting group quarterly production of 101,408oz gold equivalent at an average C1 cash cost of A$811 per ounce...

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08:29 | CGF

Challenger Announces Whitehelm Capital to Launch with $4bn of FUM

Challenger advised that the company and Access Capital Advisers (ACA) will merge their infrastructure investment operations from 1 July 2014 to create a new boutique infrastructure...

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08:29 | NWH

NRW Holdings Secures Roy Hill Package One Works Contract

NRW Holdings announced that it has been awarded a contract by Samsung C amp; T Corporation for construction of the Package One Works at Roy Hill. The proposed scope of works...

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08:26 | MGX

Mount Gibson Iron Provides March 2014 Quarterly Activities Report

Mount Gibson Iron provided its March 2014 quarterly activities report, reporting quarter sales of 2.0 million wet metric tonnes (Mwmt) of iron ore despite substantial short term...

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08:26 | SFR

Sandfire Resources Increases Mineral Resource

Sandfire Resources announced an increased Mineral Resource for its 1.5Mtpa DeGrussa Copper-Gold Mine in WA. As at 31 March 2014, the total Mineral Resource at DeGrussa comprised...

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08:26 | SFR

Sandfire Resources Provides March 2014 Quarterly Activities Report

Sandfire Resources provided its March 2014 quarterly activities report, reporting that copper production for the quarter increased to a record 18,098t (December quarter: 15,492t)...

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08:26 | DSH

Dick Smith Holdings Provides Q3 FY14 Sales Update

Dick Smith Holdings reported further improvement in it underlying sales performance in Q3 FY14, with group like-for-like (LFL) sales growing 1.0% and achieving total sales of...

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07:34 | MYT

Mighty River Power Provides March 2014 Quarterly Operational Update

Mighty River Power provided its quarterly operational update for the three months ended 31 March 2014, reporting that the company geothermal production was its highest ever in the...

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16 Apr 2014

18:41 | ASL

Ausdrill Announces Moody's Lowers Ratings

Ausdrill advised that Moody's Investors Services has reviewed the Company's credit ratings and revised them as follows: corporate family rating of Ausdrill - lowered to "Ba3" from...

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15:55 | CSV

CSG Announces Appendix 3C Buy Back

CSG announced an on-market buy-back of up to 10% of the company's FPO shares on issue, for capital management purposes. The buy-back period is from 30 April 2014 to 29 April 2015....

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13:04 | SAR

Saracen Mineral Holdings Provides March 2014 Quarterly Activities Report

Saracen Mineral Holdings provided its March 2014 quarterly activities report, reporting gold production of 31,242oz for the quarter, exceeding guidance for the sixth consecutive...

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11:24 | FMG

Fortescue Metals Group Provides March 2014 Quarterly Production Report

Fortescue Metals Group advised that it has completed the expansion to 155Mt per annum and has achieved this annualised production rate during March 2014. The addition of 100Mt of...

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09:47 | WHC

Whitehaven Coal Announces Maules Creek Biodiversity Offsets Package

Whitehaven Coal welcomed advice from the Commonwealth Department of the Environment in relation to the biodiversity offsets package for the company's flagship Maules Creek project...

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09:32 | API

Australian Pharmaceutical Industries Suspends from Official Quotation

The securities of Australian Pharmaceutical Industries will be suspended from quotation immediately, at the request of the company, pending the release of an announcement regarding...

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09:24 | TRG

Treasury Group Executes Agreement to Invest in ROC Partners

Treasury Group announced the execution of an agreement to invest in ROC Partners, an Australian and Asian private equity investment and advice business. ROC was recently formed in...

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09:12 | MGR

Mirvac Group Announces TIAA-CREF Acquires 50% of 699 Bourke Street, Melbourne

Mirvac Group announced that under its previously announced strategic office alliance with TIAA-CREF, TIAA's General Account has acquired a 50% interest in its office development at...

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09:08 | SLR

Silver Lake Resources Provides March 2014 Quarterly Activities Report

Silver Lake Resources provided its March 2014 quarterly activities report, reporting mill production totalling 49,289oz; gold sales totalling 50,288oz; and YTD gold sales total...

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09:02 | SIR

Sirius Resources Provides Fraser Range and Polar Bear Exploration Update

Sirius Resources advised that ongoing exploration at its Fraser Range and Polar Bear projects continues to highlight additional prospects which will be subject to drilling over the...

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08:49 | ILU

Iluka Resources Provides March 2014 Quarterly Production Report

Iluka Resources provided its March 2014 quarterly production report, reporting that the company continued to operate at below full production rates through a combination of lower...

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08:46 | BHP

BHP Billiton Provides Operational Review for the Nine Months Ended 31 March 2014

BHP Billiton advised that it has maintained strong momentum in the nine months ended March 2014 with record production achieved for four commodities and at 10 operations. Strong...

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08:43 | BOQ

Bank of Queensland Completes Institutional Component of Entitlement Offer

Bank of Queensland announced the completion of the institutional component of its fully underwritten 3-for-26, pro-rata, accelerated, renounceable entitlement offer of new ordinary...

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08:35 | BRL

Bathurst Resources Provides Business Update

Bathurst Resources provided its business update presentation. Highlights of the presentation include: demand driven by growth in South Island dairy production and other industrial...

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08:28 | CGF

Challenger Announces Assets and Funds Under Management at 31 March 2014

Challenger announced that total group assets and funds under management at 31 March 2014 was $49.5bn, an increase of 21% for the 12 months and 1% for the quarter. Challenger Life...

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07:52 | BRL

Bathurst Resources Announces $7.393m Placement

Bathurst Resources advised that it has raised AU$7.393m (before costs) through a placement of approximately 123m FPO shares to institutional and other sophisticated and professional...

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07:27 | CNU

Chorus Announces UFB Rollout Ahead as Fixed Connections Increase

Chorus advised that it has released its fixed line and broadband connection numbers as at 31 March 2014. Fixed line connections increased by 3,000 lines over the three month period...

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15 Apr 2014

17:18 | DOW

Downer EDI Announces Extension of Syndicated Credit Facility

Downer EDI announced it had successfully completed the extension of its A$400m Syndicated Credit Facility. The Facility, which closed in April 2013 with a maturity of four years,...

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10:49 | TEL

Telecom Corporation of New Zealand Extends and Reduces Standby Facility

Telecom Corporation of New Zealand announced that it has reduced its NZ$400m committed Standby revolving credit facility to NZ$300m. Also, the Standby has been extended a further...

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09:33 | CCL

Coca-Cola Amatil Advises Credit Rating Adjustment

Coca-Cola Amatil (CCA) confirmed that Moody's have changed their rating outlook and Standard amp; Poor's have adjusted CCA's credit rating. CCA has maintained an investment grade...

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09:28 | AQA

Aquila Resources Announces Washpool Hard Coking Coal Project Supplementary Study

Aquila Resources announced the completion of a Supplementary Study for its 100% owned Washpool Hard Coking Coal Project. Highlights include: physical blending trials demonstrate...

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09:03 | NUF

Nufarm to Close NZ Manufacturing Plant

Nufarm announced that, following a review of its New Zealand manufacturing operations, it will close the facility at Otahuhu, near Auckland, and further consolidate regional...

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08:37 | OZL

OZ Minerals Provides March 2014 Quarterly Activities Report

OZ Minerals provided its March 2014 quarterly activities report, reporting productivity improvement measures in the Malu Open Pit at Prominent Hill has been successful in driving...

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08:26 | RIO

Rio Tinto Delivers Strong First Quarter Production

Rio Tinto announced the Company has started the year with a series of performance records. The Company's Pilbara iron ore business has set new benchmarks for production, shipments...

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14 Apr 2014

19:03 | AUT

Aurora Oil & Gas Provides Scheme Booklet and Independent Expert's Report

Aurora Oil amp; Gas provided a Scheme Booklet for a scheme of arrangement in relation to the proposed acquisition by Baytex Australia of all of your Aurora Shares for $4.10 cash per...

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14:49 | RIC

Ridley Corporation Confirms Interim Dividend of 1.5 cents

Ridley Corporation confirmed its previously announced proposal to pay an interim dividend of 1.5 cents per share on 30 April 2014. The interim dividend will be franked to 50% and...

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13:10 | QBE

QBE Insurance Group Confirms Strategic Review of US Middle Market Business

QBE Insurance Group confirmed that it is undertaking a strategic review of its US based middle market business, as foreshadowed in February 2014. The Company reported it is well...

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09:43 | API

Australian Pharmaceutical Industries Trading Halted, Pending Company Announcement

The securities of Australian Pharmaceutical Industries will be placed in trading halt session state at the request of the company, until the earlier of the commencement of normal...

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09:38 | RIC

Ridley Corporation Announces Status of Ridley Compensation Agreement

Ridley Corporation advised that on Friday 11 April 2014, Penrice Soda Holdings announced "that it has resolved to appoint a voluntary administrator to the Penrice group of...

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09:33 | WDC

Westfield Group Releases Securityholder Booklet

Westfield Group released its securityholder booklet for the proposal to form Westfield Corporation for its international business and merge its Australia and NZ business with...

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09:28 | AQA

Aquila Resources Announces Settlement of Litigation with Vale

Aquila Resources referred to its previous announcements regarding legal proceedings relating to the Bowen Central Coal JV (BCC JV), which is 50% owned by the company's wholly owned...

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09:28 | WRT

Westfield Retail Trust Releases Securityholder Booklet

Westfield Retail Trust released its securityholder booklet in relation to the proposal to merge with Westfield Group's Australian and NZ business to form a new entity, Scentre...

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09:24 | HZN

Horizon Oil Announces Stanley Project Approval

Horizon Oil advised that the Hon. Nixon P. Duban, PNG's Minister for Petroleum and Energy has formally notified the company of the decision of the PNG National Executive Council...

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08:54 | BRL

Bathurst Resources Trading Halted, Pending Company Announcement

The securities of Bathurst Resources will be placed in trading halt session state at the request of the company, until the earlier of the commencement of normal trading on Wednesday...

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08:27 | TGS

Tiger Resources Strikes Alliance with MCK Trucks

Tiger Resources welcomed MCK Trucks (MCK) as a shareholder of the company. MCK has been the mining contractor at the company's Kipoi copper project in the Democratic Republic of...

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11 Apr 2014

15:59 | AUT

Aurora Oil & Gas Announces Satisfaction of Condition Precedent

Aurora Oil amp; Gas announced that it has been advised by Baytex Energy Corp. that Baytex has received written notification from the Foreign Investment Review Board (FIRB)...

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15:45 | CFX

CFS Retail Property Trust Group Announces Discontinuation of Management of QV Retail

CFS Retail Property Trust Group noted that it has received notification from the Commonwealth Bank of Australia of the termination of the property management agreement for QV Retail...

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11:45 | BRU

Buru Energy Provides Operations Update

Buru Energy reported that production of oil in the Ungani Central Field area continues with 74,000bbls of oil produced from Ungani 2 since the Extended Production Test recommenced...

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11:18 | IAU

Intrepid Mines Receives US$80m Settlement Funds

Intrepid Mines announced that following the approval on Wednesday 9 April 2014 by the company's shareholders of the proposed settlement of all disputes surrounding the ownership and...

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10:57 | SEK

SEEK Announces Minority Investment in Bangladesh Online Business

SEEK announced that it has invested US$5m for a 25% stake in Bdjobs. Following the investment, the company will have representation on the board in proportion to its shareholding,...

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10:45 | CDI

Challenger Diversified Property Group Receives Final Cash Offer from Challenger Life

Challenger Diversified Property Group reported that it has received an off-market takeover offer from Challenger Life Company, a wholly owned subsidiary of Challenger, for all units...

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10:45 | CDI

Challenger Diversified Property Group Receives Offer from Challenger Life

Challenger Diversified Property Group reported that Challenger Life Company, a wholly owned subsidiary of Challenger, has announced its intention to make an off-market takeover...

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10:23 | CDI

Challenger Diversified Property Group Trading Halted, Pending Company Announcement

The securities of Challenger Diversified Property Group will be placed in trading halt session state at the request of the company, until the earlier of the commencement of normal...

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10:23 | CGF

Challenger Trading Halted, Pending Company Announcement

The securities of Challenger will be placed in trading halt session state at the request of the company, until the earlier of the commencement of normal trading on Tuesday 15 April...

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10:02 | UXC

UXC Signs Apptio Partner Agreement

UXC announced its partnership with Apptio as part of a strategic initiative to help CIOs transform the business of IT and increase value for their organisations. The company is one...

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09:59 | BOQ

Bank of Queensland to Acquire Investec's Specialist Finance and Leasing Businesses

Bank of Queensland advised that it will become a provider of specialised banking solutions to the broad medical and accounting professions following the $440m acquisition of...

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09:48 | EGP

Echo Entertainment Group Confirms MS and CEO Appointment, Provides Trading Update

Echo Entertainment Group announced that all necessary regulatory approvals have been received for Matt Bekier to assume the role of MD and CEO of the company. Mr Bekier will...

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09:34 | LEI

Leighton Holdings Provides HOCHTIEF's Notice of Fulfilment of FIRB Approval Condition

Leighton Holdings provided a notice by HOCHTIEF Australia Holdings in relation its off-market proportional takeover bid for 37.5% of each of the company's shareholder's shares that...

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09:20 | BDR

Beadell Resources Provides Drilling Update

Beadell Resources announced the highest drill intercept received at the Duckhead deposit of 31m @ 490.8g/t Au including a metre assay of 14,018.6g/t or 1.4% gold in FVM351. Drilling...

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09:16 | BOQ

Bank of Queensland Trading Halted, Pending Company Announcement

The securities of Bank of Queensland will be placed in trading halt session state at the request of the company, until the earlier of the commencement of normal trading on Wednesday...

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09:00 | BOQ

Bank of Queensland Reports NPAT Up 34% to $134.7m for the Half Year to 28 February 2014

Bank of Queensland reported NPAT up 34% to $134.7m for the half-year ended 28 February 2014. Revenues from ordinary activities were $447.1m, up 6% from the same period last year....

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08:05 | CCL

Coca-Cola Amatil Provides Trading Update and Announces Strategic Review

Coca-Cola Amatil reported that the group's new group MD, Alison Watkins has completed an initial review of the business. The board has requested Ms Watkins lead a comprehensive...

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10 Apr 2014

14:28 | LEI

Leighton Holdings Releases Target's Statement Recommending HOCHTIEF Offer

Leighton Holdings released its target's statement in relation to the offer by HOCHTIEF Australia Holdings, a wholly-owned subsidiary of HOCHTIEF AKTIENGESELLSCHAFT, to acquire 3 out...

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10:35 | ORE

Orocobre Announces Postive Results from PFS for Boric Acid Plant

Orocobre announced the results of a prefeasibility study (PFS) on the development of a 25,000tpa boric acid plant at Olacapato in NW Argentina. The project has strong fundamentals...

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09:48 | GNC

Graincorp Provides ACCC's Draft Decision on Newcastle Terminal

Graincorp reported that the ACCC has issued a draft decision proposing to consent to the company's application to vary its Port Terminal Services Access Undertaking at its Newcastle...

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09:36 | RFE

Red Fork Energy Announces Farm Out Agreement

Red Fork Energy announced that it has entered into a Farm-out Agreement with Blue Quail covering up to 160-acres in, Noble County, Oklahoma (the Farm-out Lands). The primary zone of...

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09:33 | ALU

Altium Announces Q3 Sales and Revenue Update FY14

Altium announced its financial results for the quarter ending 31 March 2014. For the three months ending 31 March 2014, as compared to the corresponding period a year ago, Altium...

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09:28 | HZN

Horizon Oil Trading Halted, Pending Company Announcement

The securities of Horizon Oil will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides...

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09:21 | TEN

Ten Network Holdings Reports Net Loss of $7.98m for the Half Year to 28 February 2014

Ten Network Holdings reported a net loss of $7.98m for the half-year ended 28 February 2014. Revenues from ordinary activities were $331.56m, up 7.8% from the same period last year....

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09:16 | PRU

Perseus Mining Provides Edikan Gold Mine Update

Perseus Mining advised that at approximately 2:00pm GMT on Wednesday 9 April 2014, there was a fire in the processing plant at the company's Edikan gold mine in Ghana while the...

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09:16 | IMF

Bentham IMF Announces Settlement of Claim by Hastings Capital

Bentham IMF announced the settlement of the claim by Hastings Capital against CBRE. It is estimated that the company will generate revenue of approximately $1.9m and generate a...

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08:42 | TCL

Transurban Group Provides Traffic and Revenue Data for March Quarter 2014

Transurban Group announced its traffic and revenue data for the March quarter 2014. On a statutory basis, toll revenue increased by 12.9% to $221.7m for the quarter when compared to...

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