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Australian Market Report of December 14, 2010: Mindoro Resources (ASX:MDO) Announce Exceptional Nickel Metallurgical Results

🕔12/14/2010 1:30:00 PM 10237

Australian Market Report of December 14, 2010 includes: Mindoro Resources Limited (ASX:MDO) announced exceptional nickel metallurgical results from its Agata nickel laterite project in the Philippines; ZYL Limited (ASX:ZYL) has successfully completed A$4.7 million fund raising to develop the Kangwane Anthracite Project; African Energy Resources Limited (ASX:AFR) has continued to intersect thick, near-surface coal seams over a large area at the Sese coal project in northeast Botswana; Maryborough Sugar Factory Limited (ASX:MSF) completes equity raising to fund sugar milling expansion.

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Maryborough Sugar (ASX:MSF) and Bundaberg Sugar JV Approved by FIRB

🕔6/16/2010 1:15:30 PM 13049

The Maryborough Sugar Factory Limited (ASX:MSF) is now in a position to proceed to the next stage of the planned joint venture with Bundaberg Sugar Limited, a subsidiary of Belgium's sugar mills group Finasucre, after advice from Australia's Foreign Investment Review Board (FIRB).

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Australian Market Report of December 24: Weak Trade before Holiday

🕔12/24/2009 9:30:38 AM 13262

The Australian shares Wednesday were broadly higher in the last full trading day before Christmas holiday. The market rose in a light trade after the US market gained on the upbeat home sales data. At the close, the benchmark S&P/ASX200 index rose 35.1 points, or 0.7 per cent, at 4739.3, while the broader All Ordinaries advanced 31.7 points, or 0.7 per cent, to 4756.1.

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Australian Market Report of November 13: Market Seeking Stronger Catalysts

🕔11/13/2009 1:00:54 PM 14085

Wall Street rally ended on Thursday as the market was suffering from "rally fatigue". The better-than-expected US jobless claims and corporate news failed to move investors who had been bombarded by positive news in recent sessions. A surge in oil stockpiles also raised concerns over the US recovery.

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Australian Market Report of October 16: Market Boosted by Higher Oil Prices

🕔10/16/2009 1:00:13 PM 14558

US stocks climbed to a 2009 new high on Thursday, as the oil prices surge buoyed energy companies. New York crude oil futures rose more than 3 per cent to a one-year high of US$77.58 a barrel after the government said US gasoline reserves fell sharply last week. The financial and IT stocks retreated over mixed economic data and corporate outlook.

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Australia Market Report of September 5: Aussie Dollar Dives to 1-Year Low

🕔9/5/2008 1:30:30 PM 11839

Yesterday, the Australian share market closed weaker across the board as the big miners and most of the banks fell. On Thursday the benchmark S&P/ASX200 index slid below the key 5000 mark, losing 80.5 points, or 1.59%, to 4979.5, while the broader All Ordinaries lost 79.6 points, or 1.55%, to 5050.9. Analysts says today investors face a day of turmoil as Wall St slumped overnight on renewed concerns about the economy with reports showing retail sales and employment are weakening.

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