The Directors of Chapmans Limited (ASX:CHP) are pleased to announce that clean-tech business Syn Dynamics Australia Pty Ltd has successfully completed due diligence and has formally entered into a Joint Venture Agreement with leading APAC region waste and environmental services company, Total Waste Management, for SDA's first commercial scale hazardous waste-to-energy plant.
Lithium Power International Ltd (ASX:LPI) WorleyParsons (ASX:WOR) Awarded Maricunga JV Engineering Contract
Lithium Power International Ltd (ASX:LPI) (OTCMKTS:LTHHF) is pleased to provide an update on activities at the Maricunga lithium brine project in northern Chile.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce its quarterly report ended June 2010.
The Australian shares gave up their early gains and ended in a negative territory on Monday. The market weakness was mainly due to tax-related selling ahead of the financial year end of June 30. The benchmark S&P/ASX 200 index fell 28.5 points, or 0.65 per cent, to 4384.5 points, while the broader All Ordinaries index lost 0.67 per cent to settle at 4409.7.
The Directors of Republic Gold Limited (ASX:RAU) are pleased to provide shareholders with an update on the Bankable Feasibility Study ("BFS") for the Amayapampa Gold Project in Bolivia ("Amayapampa" or the "Project").
Republic Gold Limited (ASX:RAU) Makes Significant Progress Towards Finalising Amayapampa Bankable Feasibility Study
Republic Gold Limited (ASX:RAU) today announce that the Company has made significant progress towards finalising the Bankable Feasibility Study ("BFS") for the Amayapampa Gold Project ("Amayapampa" or the "Project") in Bolivia. The two major engineering contracting firms involved in completing the metallurgical component of the BFS, WorleyParsons (tailings dam and water supply) and Fraser Osborn (treatment plant design and costing) have made simultaneous and successful visits to Bolivia and the Project.
Slump in Australian mining shares dragged the local market lower this morning over worries that a newly unveiled tax on the resources industry could hurt the miners' profits. The drop in local market was also led by the negative lead from US market. Asian stocks also delivered a weak start on Monday. China's central bank on Sunday raised banks' reserve requirement ratio by 50 basis points to further control the property prices. Chinese markets are closed today for Labour Day holiday.
Australian shares on Thursday rose on Rio Tinto's report on strong production and sales. The upbeat jobs data and rebounding Asian markets also helped to lift the market. At the close, the benchmark S&P/ASX200 index gained 29.9 points, or 0.6 per cent, at 4898, while the broader All Ordinaries index advanced 29.3 points, or 0.6 per cent, to 4929.4.
The Australian share market declined on Wednesday as miners were lowered on China's move to tighten monetary policy, which hit commodities prices. At the close, the benchmark S&P/ASX200 index fell 31.4 points, or 0.6 per cent, at 4868.1, while the broader All Ordinaries index retreated 31.5 points, or 0.6 per cent, to 4900.1.
The Australian shares edged higher on the first trading day of 2010. Energy stocks surged amid expectations the oil price will continue to rise this year. At the close, the benchmark S&P/ASX200 index advanced 5.7 points, or 0.1 per cent, at 4876.3 points, while the broader All Ordinaries index gained 7.1 points, or 0.1 per cent, to 4889.8.