Metal producers fall sharply
Gold, and base metal, producers fell back on Australian sharemarkets yesterday. The Sydney All Ordinaries index lost 9.92 at 761.29. A slight rally towards the close of trading provided 13 die in crash Thirteen people have been killed and 17 injured when a local train crashed into a stationary express 73 km west Of Bamako, in Man, Central Africa, railway officials have said. They said the express, travelling from Dakar, Senegal, to Bamako, had stopped for repairs near the village of Neguela when it was hit from behind by the train.—Bamako. Offer considered The kidnappers of the South African Ambassador to El Salvador, Archibald Dunn, have said they will answer, a mediation offer by the heart surgeon Christiaan Barnard, this week. Dr Barnard, a South African, appealed to the kidnappers to meet him in a neutral country and discuss, how Mr Dunn’s , life could' be saved. The Leftist Popular Liberation Forces,. which seized Mr Dunn outside his embassy on November 28, has demanded South Africa arrange publication of two statements criticising El Salvador’s ruling military-civil-ian junta in local newspapers and more than 100 newspapers throughout the world, — San Salvador.
some relief for blue chip stocks, which bore the brunt of the selling. B.H.P. showed a net loss
of 30c, trading earlier in the day at 1180 c a share. Woodside Petroleum lost 12c to 228 c, and Ampol Ex-
ploration shed 6c to 234 c. | Central Norseman Gold I shed 90c to 600 c, and GMK | lost 25c to 375 c, and Poseidon fell 22c to 239 c. Base metal producers also fell back, and MIM fell 20c, | Bougainville Copper lost 17c > to 275 c and BH South shed | 22c to 423 c. Thiess fell 27c to 710 c and CSR, which has made a takeover bid for the company, lost 10c to. 500 c. Peko Wallsend fell 50c to 820 c, but Pancontinental posted a 10c rise to 680 c. Pioneer Concrete firmed 2c to 212 c, the ANZ Bank rose 5c to 415 c, and Elders jumped 10c to 230 c. The 4.5 per cent national wage rise had no immediate affect on the market. '. y
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Press, 5 January 1980, Page 7
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362Metal producers fall sharply Press, 5 January 1980, Page 7
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