Staff Reporters

Mathews Capital Partners increased its relevant interest from 81,200,186 ordinary shares (8.20%) to 93,204,968 ordinary shares (9.42%)

5,233,332 fully paid ordinary shares will be released from escrow on 1 July 2005.

Has negotiated the purchase of production royalties held by Croesus Mining NL and Vulcan Resources Ltd over Troy owned mineral tenements at Sandstone.

Workshare sales director (Australia/New ZealanNewmont Australia group executive (environment and social responsibility) Christine Charles and Australian Red Cross national communications manager Vedra

PERTH management and IT consulting firm TSA Corporation has won the IT Award of Excellence at the Bartercard Commerce and Industry Awards.

Steve Wood has been appointed as chairman of the Perth Hockey Stadium Council. Mr Wood has had a long involvement in hockey as a player and administrator.

GOLD hopeful Sipa Resources has received a stamp of approval in the exploration stakes with the signing of a deal with the world's largest gold producer, Newmont Mining.

TREATMENT at the Cancer Council's Lymphoedema Management Service is now more affordable thanks to new subsidies funded by community donations.

Proposed code: KOR Issue price: $0.20 Principal activities: gold explorer

Timothy Flavel became a substantial shareholder with a relevant interest of 2,150,001 ordinary shares (5.65%).

Frank Carr increased its relevant interest from 35,755,000 ordinary shares (59.6%) to 35,900,000 ordinary shares (59.8%)

Island Australia Pty Ltd increased its relevant interest from 12,770,803 ordinary shares (17.1530%) to 14,082,813 ordinary shares (18.9152%)

Has signed a heads of agreement with Vi Top BioEnergy to launch Medec Cen tre concept in China.

Guina Developments Pty Ltd has agreed to subscribe for 10,000,000 shares in Kings Minerals at a price of $0.20 per share.

P.T.

Professional services firm KPMG has appointed Carlo Franchina (top) as partner in charge of the firm's tax practice.

THE rising gold price may have dragged the Australian dollar up but gold producers appear unconcerned that a price correction in the currency could leave them stranded.

Westralian Vietnam dispute WESTRALIAN Sands said it was bringing its staff to Hanoi from its ilmenite mine in the country because of a dispute with its Vietnamese partner, this week 10 years ago.

Proposed code: LAD Issue price: $0.20 Principal activities: Diamond exploration. Corporate: Send Fai Chan (chairman); Ross Kestel (non-executive director); John Terpu (non-executive director).

Jurg Walker, Equity Trust (Labuan) Sdn Bhd & Zentar Securities Ltd increased its relevant interest from 71,403,500 ordinary shares (15.8%) to 89,978,610 ordinary shares (17.48%).

Placement of shares and free attaching 2009 Options offered pursuant to a prospectus has closed significantly oversubscribed, raising $3.0 million before costs.

Committee of Creditors approved the acceptance of a cash offer of $3million from Minara for Sons of Gwalia's interest in the Non Gold Projects - Eulaminna Tenements east of Leonora, Coglia Well Nicke

Mark Randolph has received a Federation Fellowship allowing the internationally renowned researcher to continue his work at the University of Western Australia.

DECLINING commercial and consumer response rates to market research in Australia has prompted two peak bodies, the Australian Market and Social Research Society and the Association of Market Research

Taxation advice firm KD Johns & Co has promoted Jacqui Johnson, James Kirk and Leigh Dyson to senior consultants.

LISTED sandalwood supply company TFS Corporation has confirmed that it has more than doubled its 2004-05 financial year sales forecast set out in its December 2004 prospectus.

Proposed code: WTR Issue price: $0.20 Principal activities: Expanding water market for the treatment and purification of potable and waste water.

Merrill Lynch & Co Inc increased its relevant interest from 16,055,450 ordinary shares (6.98%) to 20,568,519 ordinary shares (8.11%).

Announced a significant new exploration and corporate initiative through its participation in the recently incorporated Magma Metals Ltd.

Has committed to concurrent private placements in North America and Australia, to raise aggregate gross proceeds of up to approximately $3,015,000 through the issue of up to 6.7 million ordinary share

University of Adelaide strategic procurement manager Bill Aukett to speak at Contracts 2005, July 20 to 22 at the Hyatt Regency Perth.

PASSENGER arrivals and departures at Perth Airport grew by 10 per cent in May compared to the same month last year.