Staff Reporters

BUSINESS owners need to pay themselves first and build up cash reserves for the next downturn in their business (isn’t Michael Dell lucky he has plenty of cash right now).

Artemis Resources Ltd - John Miles has been appointed as director. Allen Maynard has resigned as non-executive director. Contact Resources Ltd - Allen Maynard has resigned as managing director.

The Goldman Sachs Group Inc ceased to be a substantial shareholder.

Barclays Global Investors Australia Ltd became a substantial shareholder with a relevant interest of 23,456,847 ordinary shares (5.05%).

Paladin Resources Ltd increased its relevant interest from 131,074,271 ordinary shares (65.0%) to 133,610,087 ordinary shares (66.26%).

AMP Ltd decreased its relevant interest from 45,072,718 ordinary shares (7.14%) to 38,463,483 ordinary shares (6.09%).

General Meeting will be held at Suite 1006 Milsons Landing, Level 10, 6a Glen Street, milsons Point, NSW, on 15 June 2007 at 10.00am.

THE State Government has abandoned plans to utilise the South West’s Yarragadee aquifer for the state’s drinking water supplies, with Premier Alan Carpenter announcing plans to construct a $995 millio

THE Cut will host the first of a two-year Oceanique WA Professional Golfer Association of Australia Championship from May 24 to 27.

Curtin University of Technology’s School of Economics and Finance has appointed Professor Anthony Owen as professor of energy economics.

Statistics on processing of activity statements for the current financial year. http://www.ato.gov.au/distributor.asp?doc=/content/content/25349.htm Published: May 8 2007

McNeil Nominees Pty Ltd ceased to be a substantial shareholder.

Hendricus Indrisie increased its relevant interest from 3,420,000 ordinary shares (5.89%) to 4,030,000 ordinary shares (6.94%).

Ospraie Management LLC decreased its relevant interest from 7,950,000 ordinary shares (7.31%) to 6,800,000 ordinary shares (6.26%).

General Meeting will be held at Level 1, ‘Laffite’ room, 320 Adelaide Street, Brisbane, Queensland on Friday, 8 June 2007 at 10.30am

NICKEL producer Mincor Resources NL announced plans to acquire private outfit Goldfields Mine Management Pty Ltd for $68.5 million, giving the company its fifth operating mine in the Kambalda region.

WHAT would any golf player feel like after a big day one the green, when the temperature starts to cool down? Delicious food and local quality wine could probably do the job.

Stephen Breihl has been appointed as director of assurance services at William Buck.

Statistics on processing of activity statements for the current financial year. http://www.ato.gov.au/distributor.asp?doc=/content/content/25349.htm Published: May 8 2007

Rivertree Pty Ltd ceased to be a substantial shareholder.

Mineral Securities Ltd increased its relevant interest from 73,616,703 ordinary shares (18.59%) to 76,950,036 ordinary shares (19.26%).

Advised that 3,927,066 ordinary fully paid shares will be released from escrow on or after 4 May 2007.

General Meeting will be held at The Celtic Club, 48 Ord Street, West Perth, on Friday, 8 June 2007 commencing at 11.00am.

WEST Perth-based Thundelarra Exploration Ltd has appointed mining engineer Brett Lambert (pictured) as its chief executive officer, allowing chairman Philip Crabb the opportunity to relinquish full-ti

West Perth-based iron ore explorer Territory Iron Ltd has promoted its recently appointed chairman, Michael Kiernan, to the role of executive chairman.

Tony Hockley has been appointed as chief financial officer for Coventry Group Ltd.

PaydirtMedia is holding its annual gold conference, May 21 and 22 at the Sheraton Perth Hotel.

Intercorp Pty Ltd became a substantial shareholder with a relevant interest of 10,508,445 ordinary shares (10.06%).

Paladin Resources Ltd increased its relevant interest from 128,706,826 ordinary shares (63.83%) to 131,074,271 ordinary shares (65.0%).

Advise that 3,000,000 ordinary fully paid shares will be released from escrow on 23 May 2007.

General Meeting will be held at The Westin Melbourne, Executive Room 2, 205 Collins Street, Melbourne, Victoria, on 8 June, at 11.40am.

PERTH-BASED Red Fork Energy Ltd has appointed director Michael Fry as its chairman, and executive director David Prentice as managing director, following the resignation of founder Tony Brennan.