The Australian share market yesterday closed at a fresh seven-month high as resource stocks posted strong gains amid renewed attention to the proposed tie-up between Rio Tinto and BHP. The benchmark S&P/ASX200 index was up 22.8 points, or 0.57 per cent, to 4047.2, while the broader All Ordinaries index advanced 30.4 points, or 0.76 per cent, to 4046.7.
Wpg Resources Ltd
The Australian shares posted strong gains yesterday. The benchmark S&P/ASX200 index ended 3% higher, or 113.4 points, at 3883. The broad-market All Ordinaries index was up 2.9%, or 108.1 points, at 3846. Today the local market is expected to extend its rally after the boost of overseas and rising commodities prices. Reserve Bank of Australia's interest rate decision will be the focus of the day.
Yesterday the Australian shares ended higher led by banking sector. The benchmark S&P/ASX200 share index gained 1.5%, or 51.5 points, to 3495.5 points. The broader All Ordinaries index gained 1.3%, or 42.8 points, to 3435.1.
Western Plains Resources Ltd (ASX:WPG) Agreement Signed For Iron Ore Mining Within Woomera Protected Area
Western Plains Resources Ltd (ASX:WPG) is pleased to advise that it and the Commonwealth of Australia have executed a Deed of Access, pursuant to which the Commonwealth, through the Minister for Defence, has granted formal approval for WPG to develop its Peculiar Knob DSO iron ore mine south of Cooper Pedy in South Australia. Peculiar Knob lies within the Woomera Prohibited Area (WPA) and the Access Deed covers not only the mine itself but also the siting of key items of infrastructure that are needed to support the mining operation.
Western Plains Resources (ASX:WPG) is an Australian ASX listed mineral resources company with advanced iron ore projects located in South Australia.
Western Plains Gold Ltd (ASX: WPG) - Peculiar Knob Drilling - Mr Bob Duffin, Executive Chairman; Boardroomradio is pleased to announce that Western Plains Gold Ltd (ASX: WPG) has published an audio file.