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Acquisitions

Consolidated Broken Hill Ltd

14/2/03

Have substantially completed negotiations with Pasminco Ltdfor the purchase by CBH of Pasminco's Elura zinc-lead-silver mine near Cobar, New South Wales

Indcor Limited

11/2/03

Has reached agreement to purchase a 50% stake in the Dalby Ethanol Project, through the company's ethanol development company, Australian Biofuels Pty Ltd.

Julia Corporation Ltd

11/2/03

Has agreed to purchase Australian Cancer Technology Limited's mineral exploration interests in a number of mining tenements located near Laverton . The interests consist of the Mt Lebanon and Royal East Joint Ventures. The terms of the sale are: $300,000 cash on settlement $200,000 cash 180 days after settlement and $200,000 on commencement of commercial gold production from the Mikado gold project at Mt Lebanon.

New World Alloys Ltd

17/2/03

Has announced the acquisition of a specialist South African-based furnace and foundry engineering company, Castall Foundry and Engineering CC.

West Musgrave Mining Ltd

12/2/03

Has entered into an agreement to acquire the Blair nickel mine complex through the acquisition of Blair Nickel Mine Pty Ltd which owns the project assets.  Consideration will be the issue to the vendors of 35 million fully paid ordinary shares and 35 million 20 cent February 2006 options, reimbursement of $142,000 of expenditure, and assumption of bond and security deposit obligations totalling $362,000.

Woodside Energy Ltd

17/2/03

Has increased its equity in the Blacktip gas discovery through the acquisition of interests held by Shell Development (Australia) Pty Ltd in three permits in the Bonaparte Gulf.  Woodside has increased its stake in the field from 35% to 70%.

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