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MINING DIVISION AWARDED DENDROBIUM UMBRELLA CONTRACT WDS Limited (ASX:WDS) today announced its Mining Division has been awarded a two year Umbrella Contract for Longwall Block Management and Outbye Services at BHP Billiton Illawarra Coal’s Dendrobium Mine in the New South Wales Illawarra region. WDS Chief Executive Officer Terry Chapman said that the expected revenue from the contract is $10 million over the two years, with a possible extension for a third year. The company anticipates an early start to the contract with various equipment and work crews already fully mobilised at Dendrobium Mine. “We are pleased to return to Dendrobium Mine and add this to the list of mines WDS is currently servicing. This project will continue our relationship with BHP Billiton Illawarra Coal. WDS have undertaken a range of materials handling and mining services projects for BHP Billiton over a number of years, including the initial construction and development of the Dendrobium Mine,” Mr Chapman said. For further information please contact: Terry Chapman Anne Hayes Chief Executive Officer Chief Financial Officer WDS Limited WDS Limited (02) 9018 3414 (02) 9018 3414 ABOUT WDS LIMITED: WDS is a leading integrated provider of specialist development, design, engineering, construction, fabrication and maintenance related services to the cross section of energy, mining and infrastructure sectors.

Iron Road Limited (IRD) said that reported iron ore resources at its Central Eyre Iron Project in South Australia were triple previous estimates, with the new figure coming in around 328 million tonnes. Not to rest on their laurels, the board have said they aimed to increase the mineral resource to 500 million tonnes, on the back of a significant programme of drilling, structural, geotechnical, geophysical and metallurgical investigations.

Troy Resources NL (TRY) said that recent surface exploration has identified a new outcropping vein, known as Casposo Norte, located about 4km north of the mill at the Casposo Project in San Juan Province, Argentina. Troy CEO Paul Benson said he was excited about grades of 7g/t gold at surface and within 4kms of a processing plant and would continue to explore the area.

PanAust Limited (PNA) has announced a 17% increase to its Ore Reserve and Mineral Resource estimates for the company’s Phu Kham Copper and Gold Operation in Laos. The miner said that at the current design ore processing rate of 12 million tonnes per annum,, this would extend the mine life by over two years to 14 years.

Arrow Energy Limited (AOE) said its 90% owned subsidiary, Arrow Energy International Pte Ltd (“AEI”) and its partners, have been awarded two blocks in the Coal Bed Methane (“CBM”) IV bidding round in India by the Cabinet Committee on Economic Affairs (CCEA). The company said it believes the two blocks, Assam and Satpura, have high CBM resource potential with good opportunity for early commercialisation in the event of successful exploration and pilot testing. AEI (60% working interest) and Oil India (40%) have proposed a exploration and development program on the Assam Block located in north east India, consisting of drilling 15 core holes and two production wells in two years under Phase-I, and 30 production wells in the following two years under the Phase-II pilot drilling program. AEI (80% working interest) and Tata Power (20%) plan to drill 15 core holes and two pilot wells in two years at the Satpura Block under the proposed Phase-I exploration program and 21 pilot wells during the Phase-II program.

OceanaGold Corporation (OGC) has approved an additional exploration program at the Reefton goldfield and surrounding areas. The company said the exploration budget for the New Zealand project has increased by US$4.4 million for FY11 from the previous FY10 budget for exploration of US$2.8 million. OceanaGold said the increased exploration activities would focus on new drill programs targeting potential underground mining targets, a review of the Sam’s Creek project to examine the best strategic option to progress the deposit and an increase to technical staff for the exploration department.

Liquefied Natural Gas Limited (LNG) said the Queensland Government’s Department of Environment and Resource Management, has provided approval for the Stage 1 shipping channel dredging associated with the Gladstone LNG Project in Queensland. The company said the scope of the dredging includes widening the Targinie Channel and widening and deepening the Fisherman’s Landing Wharf No. 5 berth pocket and turning basin, to accommodate LNG vessels up to 152,000 cubic metres in capacity. LNG said the approval includes relocation of the dredged material to a previously approved onshore site.

Hillgrove Resources Limited (HGO) announced the resignation of David Archer as managing director, effective 30 June 2010, after seven and a half years in the role. The company said it has appointed Highlands Pacific Limited mining engineer, financier and a non-executive director, Drew Simonsen as interim CEO while it seeks a replacement managing director. Hillgrove said it is in a very sound financial position with more than $100 million in cash and exciting new exploration projects in Indonesia.

Iron Road Limited (IRD) requested its shares be placed in trading halt pending an announcement in relation to a resource upgrade. The company said the trading halt would remain in place until the release of an announcement, which is expected to be made no later than market open this Wednesday.

Galilee Energy Limited (GLL) said it expects to report a profit after tax in the range of $1.6 to $1.8 million for FY10, compared with a loss of about $2.45 million the previous year. The company said while the exploration programme in Galilee’s coal seam gas tenement ATP 799P incurred significant expenditure, the sale of the Broughton coal asset and positive results from the New Zealand coal operations resulted in an overall profit. The result would also be the first profit recorded for the consolidated entity. Galilee said it completed the sale of its interest in the Broughton tenement for $8.5 million in May, while in New Zealand its coal operations are expected to post a profit before tax in the range of $2 – $2.5 million compared with a profit of about $1.27 million the previous year.

Iron Ore Holdings Limited (IOH) and Rio Tinto Limited (RIO) have not agreed to terms of access in regards to an Iron Ore Sales Agreement for production from the Phil's Creek Project. IOH said if the parties are unable to agree the terms of access by 8 August 2010 then the agreement would automatically terminate. As a result this would also see the termination of a Relationship Agreement relating to IOH's Iron Valley deposit. Rio has advised that it does not believe IOH has complied with its obligations under the Ore Sales Agreement. IOH said it does not agree with Rio.

Whitehaven Coal Limited (WHC) said coal production has commenced at its Narrabri Mine in New South Wales. The company said initial production using continuous miners would be between 500,000 million tonnes per annum (Mtpa) and 700,000 Mtpa. Whitehaven said full production is expected to produce approximately 6 Mtpa of low ash, high energy, low sulphur thermal and PCI coal for the export market. The company said while ground conditions have caused some delay and increased cost in relation to construction of the drifts for seam access, the remainder of the project has been developed on time and on budget.

Mosaic Oil NL (MOS) announced the sale of its PNG subsidiary Mosaic Oil Niugini Limited to ‘a major international oil and gas company’ for US$11 million in cash. The primary asset held by the subsidiary is a 28.6% interest in PRL08, which contains the Kimu gas discovery. The company said in addition to the cash payment, it would receive a contingent cash payment of either US$0.10 per gigajoule for any proven plus probable reserve increases prior to 31 December 2012, or US$2.7 million in cash at any time before the appraisal well is drilled. Mosaic said the sale is subject to pre-emption on the same terms by Mosaic’s PRL08 joint venture partners. The company said it anticipates completion of the sale in late July / early August 2010.

Cue Energy Resources Limited (CUE) announced the sale of its 10.72% interest in PRL8 in Papua New Guinea for US$5.14 million in cash. The company said the sale would be affected by selling 100% of the shares in Cue’s wholly-owned subsidiary, Omati Oil Pty Limited. The primary asset contains the Kimu gas field. Cue said completion of the sale is anticipated in late July / early August 2010.

Iron Ore Holdings Limited (IOH) requested its shares be placed in trading halt pending the release of an announcement regarding on the company’s Phils Creek and Buckland Hills Projects. The company said the trading halt would remain in place until an announcement is released to the market, which is expected to be within the time limit imposed by the Listings Rules.

Samson Oil & Gas Limited (SSN) said it has entered into a binding agreement with a ‘large US-based independent natural gas and oil producer’ to sell about 60% of its acreage in Goshen County, Wyoming, for between US$ 61 million and US$ 79 million. The company said it has been actively seeking an industry partner for the project. Samson said its board of directors recognised that full development of the project would require more capital than was then available to the company. The company said it would retain an average 4.8% royalty interest in the leases that are sold. The closing of the transaction, which is conditional on the satisfactory conclusion of the buyer’s due diligence, is scheduled for late next month. Samson said the transaction would allow it to achieve several objectives including the ability to repay its existing debt facility, which matures in May 2011, and finance three project developments.

Indophil Resources NL (IRN) said it has agreed to terminate the Takeover Implementation Agreement with Zijin Mining Group Co., Ltd dated 29 November 2009. The minerals explorer said the decision followed uncertainties created by unexpected and continuing delays in relation to the fulfilment of certain of the Bid Conditions. Indophil said after careful consideration, Zijin has determined that it has no current intention of extending the offer period in relation to the takeover bid by its wholly owned subsidiary, Golden Resource Mining Limited, for all of the shares in Indophil for $1.28 each, valuing Indophil at approximately $545 million.

Beach Energy Limited (BPT) said it has secured the right to explore the Great Rift Valley in western Tanzania after reaching a deal with the Government of Tanzania. The company said the concession is considered highly prospective for oil. Beach said the specific terms of the agreement are confidential, however its’ subsidiary Beach Petroleum (Tanzania) Limited has executed a Production Sharing Agreement (“PSA”) for a 100% interest in the Lake Tanganyika South concession. The company said due to specific requirements related to operating in the remote region of Tanzania, they are more favorable than the standard terms. Beach said the exploration program would target plays analogous to those which are yielding significant success in the Rift system in Uganda. The PSA’s are structured into three exploration phases totalling 11 years.

Augur Resources Limited (AUK) said the results from the first diamond drill hole in the Lipi zone within the Central Jampang Gold project in Java indicate that the mineralised zone is more extensive than first reported. The company said the near surface mineralised interval in the hole is 36m at 1.74 g/t gold, 0.89% copper and 7.95 g/t silver from 28.6m compared to the 20m at 2.79 g/t gold from 34.6m reported yesterday. Augur said the latest results include 3m at 10 g/t gold, 2.47% copper and 14.2 g/t silver from 41.6m and a further 7m of 0.44 g/t gold, 1.4% copper and 16.6 g/t silver from 57.6m. A second mineralised zone returned 4.7m at 1.48% copper, 0.34 g/t gold and 11.22g/t silver from 84m depth.

Coeur d’Alene Mines Corporation (CXC) said subsidiary Coeur Alaska, Inc. has entered into a contract with China’s largest gold producer, China National Gold Group Corporation, for the purchase and processing of gold concentrates produced at Coeur’s Kensington gold mine. The company said the contract relates to approximately half of the concentrates to be produced at Kensington. The mine, which is scheduled to begin production shortly, is expected to produce 50,000 ounces of gold this year and average approximately 125,000 ounces of annual gold production over an initial 12.5 year life based on current reserves of 1.5 million ounces. Coeur d’Alene said the agreement is the first of its kind between a state-owned corporation of the People’s Republic of China and a US precious metals mine.

Kingsgate Consolidated Limited (KCN) said a new high-grade gold mineralisation has been intersected to the east of the proposed Q Pits in the northern section of Kingsgate’s Chatree North Mine in central Thailand. The company said the best results include 14 metres at 5.86 grams per tonne gold from 169 metres down hole, including 9 metres at 8.11 grams per tonne gold from 171 metres depth. Kingsgate said another previous deeper high-grade intercept 380 metres to the south appears to be correlated, indicating the potential for an extensive underground mineralised zone.

DMC Mining Limited (DMM) directors have said they intend to accept Cape Lambert Resources Limited’s (CFE) revised 53c per share takeover offer in the absence of a superior proposal. However, in a statement released today DMC said its Board of Directors is unable to make a recommendation to shareholders in respect of either the Cape Lambert offer or Meijin’s rival offer at this time as no last and final statements have been made by either suitor in relation to their respective offers. DMC said its board considers the Cape Lambert offer to be superior to Meijin’s conditional cash offer.

Sundance Resources Limited (SDL) shares were placed in trading halt today as the search continues for a plane that went missing in West Africa which contained six of the company’s executives. Sundance said the aircraft is yet to be located after failing to reach its destination of Yangadou in the Republic of Congo on Saturday. The group included Sundance’s non-executive chairman Geoff Wedlock, managing director and chief executive officer Don Lewis, company secretary John Carr-Gregg, and non-executive directors Ken Talbot, John Jones and Craig Oliver. Mr Wedlock is also chairman of Gindalbie Metals Limited (GBG). Two French nationals, an American and two Britons were also aboard the chartered aircraft. The group was visiting the company's iron ore project in Cameroon and the Republic of Congo. Sundance said chief financial officer Peter Canterbury has been appointed acting chief executive.

Aquila Resources Limited (AQA) said it has executed a Memorandum of Understanding (“MoU”) with China Development Bank Corporation. The Australian coal and iron ore explorer said the MoU provides a broad framework pursuant to which, China Development Bank and Aquila would explore mutual opportunities to facilitate Aquila’s development, as well as enable China Development Bank to support Baosteel through its investment in Aquila, to expand its business in Australia. China Development Bank is a strategic partner of Baosteel Group Corporation, which holds a 15% stake in Aquila, and both Aquila and Baosteel are parties to a Memorandum of Strategic Cooperation.

Eastern Star Gas Limited (ESG) said ClassicStar LLC’s US$300 million United States Civil Action brought against the Australian coal seam gas company has been dismissed. ESG said the Trustee of ClassicStar advised the court on Friday that it "agrees to dismiss defendant, Eastern Star Gas Limited, from the action pursuant to Rule 41(a)(1) of the Federal Rules of Civil Procedure. ESG said that while the company always considered the claim against it to be without foundation and were confident the action had no chance of success, the dismissal brings the issue to a formal close.

AWE Energy Limited (AWE) subsidiary ARC Energy Limited increased its offer for all of the shares in Adelphi Energy Limited (ADI) it does not already own from 40c per share to 42c per share today. At the same time company announced it would not increase its offer any further. In response, Adelphi recommended shareholders accept the offer, which is due to close on July 9.

PanAust Limited (PNA) said exploration has discovered a continuous zone of high-grade gold skarn mineralisation at the Tharkhek gold prospect, which is in close proximity to the Tharkhek copper-gold deposit near Phonsavan, Laos. The company said the first four discovery holes have all intersected high-grade gold mineralisation over significant widths including 22 metres at 12.78g/t gold from 141 metres and 17 metres at 10.96g/t gold from 135 metres. PanAust said the high-grade gold mineralisation has been intersected over an area of approximately 100 x 100 metres and has an estimated true thickness of between 15 metres and 20 metres.

Aurora Oil & Gas Limited (AUT) announced it would tap the market for $35 million through the placement of over 46 million shares at 75c each. The company said the placement would be made in two tranches, including the placement of 33 million shares to raise $24.75 million and a placement of 13.67 million shares to raise $10.25 million. Aurora said the proceeds raised would primarily be used to fully fund its shares of the drilling program at the Sugarkane Field located in the Eagle Ford shale trend in Texas, and provide financial flexibility for the potential acquisition of additional acreage. The company said a fully underwritten Share Purchase Plan to raise $6 million would be offered to shareholders.

Thundelarra Exploration Limited (THX) said its Curara Well Exploration License, E52/2402, has been granted. The company said the tenement covers 83 square kilometers encompassing over 10 kilometres in strike length of the Jenkins Fault, a major crustal feature which bounds a prospective corridor of Proterozoic rocks. In follow up to a historic copper soil anomaly, Thundelarra said geologists collected 17 further soil samples on lines spaced 200 metres either side of an original sample line. The company said these new samples returned assays up to 226ppm copper, confirming and extending the soil anomaly to some 400 metres in width, with a strike extent of more than one kilometre indicated. The well is situated immediately adjacent to Sandfire Resources NL’s (SFR) tenure and along strike from the DeGrussa deposit.