Australian Potash (ASX:APC) is developing the Lake Wells SOP Potash Project in Western Australia. The company recently raised $3m as they advance the project towards a Definitive Feasibility Study later this year. In addition, drilling is underway at their Yamarna gold project in Western Australia, which is to the north of Gold Road (ASX:GOR) and Gold Fields 5.8Moz Au Yamarna gold project.
Gold Road Resources Limited
In this issue: Asian demand for gold is still determining gold price, while the US$ gold testing 2011 downtrend, and the latest Martin Place Securities (MPS) portfolio and gold sector universe. Read this latest Dawes Points to better understand investing in the resources sector.
In this issue: key stocks are providing outperformance, gold demand remains robust, and we talk about the mixed results in the gold sector. Read this latest Dawes Points to better understand the global forces that drive resources sector investment.
The technical evidence is mounting for a significant change in market sentiment for gold and the gold sector in North America and in Australia. The evidence may still be tentative but important changes seem to be underway in a number of markets.
Global Nickel Investments NL (ASX:GNI) are pleased to announce that strong and cohesive gold anomalism has been defined from the results of auger sampling of broad Bulk Leach Extractable Gold anomalies at the Company's Jutson Rocks project in the Eastern Goldfields region of Western Australia.
Australian Market Report of March 18, 2011: Cleveland Mining (ASX:CDG) Acquire New Chilean Gold Project
Australian Market Report of March 18, 2011 includes: Cleveland Mining Company Limited (ASX:CDG) has signed a binding Letter of Intent to acquire and develop the El Chapo de Canela gold project in central Chile; RMG Limited (ASX:RMG) has acquired Kamarga Zinc project; Gold Road Resources Limited (ASX:GOR) Yamarna Project exceeds 1 million ounces of gold; Coalworks Limited (ASX:CWK) has completed Phase 1 drilling at Ferndale Coal Project.