Panax Geothermal Limited

Raya is a major participant in the geothermal industry. Geothermal energy is one of the very few sustainable sources of energy which can replace base load power from fossil fuelled power stations. Compared to other sustainable energy options, geothermal resources are still not valued according to their commercial potential for the long term generation of clean base-load power. 
 
           

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News

Australian Market Report of March 21, 2011: Shaw River (ASX:SRR) Announce 6.8Mt Maiden Inferred Resource At Otjozondu Manganese Project In Namibia

🕔3/21/2011 12:00:35 PM 13309

Australian Market Report of March 21, 2011 includes: Shaw River Resources Limited (ASX:SRR) announced a maiden Inferred Resource of 6.8Mt at its 75.5% owned Otjozondu Manganese Project in Namibia; West African Resources Limited (ASX:WAF) reported a significant gold mineralised zone in Burkina Faso; Avanco Resources Limited (ASX:AVB) has acquired additional tenements and further expanded the Rio Verde Copper Project in Brazil; Panax Geothermal Limited (ASX:PAX) announced a new agreement to commence exploration in Indonesia.

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Australian Market Report of June 2, 2010: CGA (ASX:CGX) to Spin Off Africa Projects for IPO

🕔6/2/2010 1:30:03 PM 14460

The Australian shares Wednesday continued to decline in early trade, led by financial stocks. Overnight Wall Street closed lower in a choppy trade as investors wobbled on Europe's debt issues despite the upbeat US economic data. Meanwhile, declines energy sector weighed on US stocks, after the US government said it was starting civil and criminal investigations on the Gulf of Mexico oil spill.

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Australia's Geothermal Energy Rush With Six Companies Reporting Massive Energy Reserves And Govt. A$4.5Bn Clean Energy Initiative

🕔6/5/2009 10:37:14 AM 51945

In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.

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Australia's Geothermal Energy Rush With Six Companies Reporting Massive Energy Reserves And Govt. A$4.5Bn Clean Energy Initiative

🕔6/5/2009 10:37:14 AM 51945

In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.

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Australia's Geothermal Energy Rush With Six Companies Reporting Massive Energy Reserves And Govt. A$4.5Bn Clean Energy Initiative

🕔6/5/2009 10:37:14 AM 51945

In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.

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Company Data

    Headquarters
  • Level 6, 412 Collins St
    Melbourne, VIC, 3000
    Australia
  • Telephone
  • + 61 3 9642 0655 
  • Fax
  • + 61 3 9642 5177 
  • Principal Sector
  • Energy General 
  • Principal Industry
  • Energy 
  • E:
  • info@rayagroup.com.au