ABM Resources NL (ASX:ABU) has signed a commitment letter for a back-up and stand-by funding facility (the "facility") from the Australia and New Zealand Banking Group (ASX:ANZ).

How would that impact your portfolio performance? Dr Savvas Savouri of Toscafund Asset Management has suggested the A$ could climb to US$1.70 on the back of continuing demand for Australian resources.

Bandanna Energy Limited (ASX:BND) has announced the appointment of experienced corporate legal professional Tess Lye to the position of Company Secretary and General Counsel.

SAI Global Limited (ASX:SAI) today announced a record net profit after tax attributable to shareholders of A$44.8 million, representing an increase of 32.9% over the corresponding period. Underlying net profit, which backs out the impact of significant charges, was A$48.0 million, an increase of 42.4% over the corresponding period.

Cleveland Mining Company Limited (ASX:CDG) is pleased to announce the appointment of Mr. Russell Scrimshaw to the Board as a Non-Executive Director. It is anticipated that Mr Scrimshaw's extensive experience in both mining and finance will greatly contribute to the Company's immediate activities and its long-term development.

Audio Pixels Holdings Limited (ASX:AKP) (PINK:ADPXY) announces the launch of its American Depositary Receipt program and quotation on the Over-The-Counter market in the United States of America.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce the appointment of four senior independent Non-executive Directors to significantly enhance the capability and independence of the Company's Board.

Uranium developer, Toro Energy Limited (ASX:TOE) (PINK:TOEYF) is pleased to announce the appointment of Mr Martin Janes to the role of General Manager - Marketing and Project Finance, as part of the Company's senior management team based in Adelaide.

The resources sector took another hit with Prime Minister, Julia Gillard announcing her intention of introducing a carbon tax in 2012. Hot on the heels of the 2010 "Super" Mining Tax that created a chain reaction throughout the industry resulting in the closest federal election outcome in Australian history.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that Wayne Zekulich has been appointed Chief Financial Officer of Oakajee Port & Rail (OPR), developer of port and rail infrastructure for the mining industry in Western Australia's mid-west. OPR is jointly owned by Murchison and Mitsubishi Development Pty Ltd.