Staff Reporters

Code: DRK Issue price: $0.20 Principal activities: Gold and silver exploration.

Pacific Development Group became a substantial shareholder with a relevant interest of 8,734,419 ordinary shares (5.206%).

Cleveland Cliffs Australia Pty Ltd increased its relevant interest from 140,407,749 ordinary shares (79.7130%) to 140,114,096 ordinary shares (79.7907%).

Premier State Pty Ltd decreased its relevant interest from 50,384,709 ordinary shares (18.53%) to 55,300,232 ordinary shares (17.25%).

Announced a Heads of Agreement has been reached for the establishment of a new iron ore joint venture to explore for iron ore on Helix's Yalleen project in the Hamersley region.

Subsidiary, Medical Industries Australia Ltd has secured $220,000 order for products in its new, aged-care, furniture range.

Former director Rodney Adler has been sentenced to four-and-a-half years' jail on four charges relating to his directorship of HIH insurance.

Chris Davis, a current member of the Change Corporation management team, has also recently been appointed chief technical officer at Quickflix.

THE Intersuisse Resources Index rose 7 per cent in the March quarter.

CONSOLIDATED Minerals has increased its stake in Titan Resources by more than 5 per cent to now control nearly 19.81 per cent of the company.

Proposed code: ARW Issue price: $1.00 Principal activities: Biodiesel production.

Warakirri Asset Management Pty Ltd increased its relevant interest from 1,915,469 ordinary shares (7.56%) to 1,948,457 ordinary shares (8.60%).

Skin-Plex Laboratories Pty Ltd increased its relevant interest from 4,472,447 ordinary shares (12.5148%) to 5,938,423 ordinary shares (17.1530%).

Echelon Resources Ltd offer extended to 22 April 2005.

Has entered into a Heads of Agreement to purchase the business of Video Wholesalers, located in Auckland for NZ$2,025,000 cash.

A General Meeting will be held at 10.00am on 16 May 2005 at The Celtic Club, 48 Ord Street, West Perth.

Two gold industry awards for outstanding community service were also presented at the dinner to John Dow, former Australian Gold Council Chairman and Newmont Australia managing director and Hugh Da

Chris Hodge has been appointed as executive director of exploration at Adelphi Energy. He is currently employed as manager of exploration, development and production with Mitsui Australia.

Federal libs asked to end WA clash

Code: PYC Issue price: $0.20 Principal activities: Biopharmaceuticals Company.

John Arthur Owens ceased to be a substantial shareholder.

Cleveland Cliffs Australia Pty Ltd increased its relevant interest from 139,956,538 ordinary shares (79.8622%) to 139,964,408 ordinary shares (79.6665%).

Web Kingdom Ltd decreased its relevant interest from 1,154,796,054 ordinary shares (61.05%) to 1,153,906,248 ordinary shares (58.07%).

Announced a Heads of Agreement has been reached for the establishment of a new iron ore joint venture to explore for iron ore on Helix's Yalleen project in the Hamersley region.

Has entered into an option agreement with Regency Mines PLC for the proposed sale of four iron ore exploration projects in the Northern Territory, Australia.

Has reached agreement in principle to place 74,700,000 ordinary fully paid shares at 5 cents per share raising $3,735,000.

GINDALBIE Metals will undertake a fully underwritten $9.5 million rights issue to aid exploration and development plans for its Blue Hills iron ore project in Western Australia.

Nefco Nominees Pty Ltd ceased to be a substantial shareholder.

Cambrian Mining plc became a substantial shareholder with a relevant interest of 4,307,681 ordinary shares (8.7%).

Jubilee Investments NL increased its relevant interest from 4,750,000 ordinary shares (9.9%) to 6,504,329 ordinary shares (13.5%).

Prospectus Offer for $3.5 million has closed fully subscribed.