Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the recent grant of the exploration licence (EL) 09/2422. This EL and three additional EL applications are in the name of Redscope Enterprises Pty Ltd, a wholly owned subsidiary of Venus.
First Quantum Minerals Limited
Tectonic Resources NL (ASX:TTR) Philips River Definitive Feasibility Study Indicates Long Life Operation
Tectonic Resources NL (ASX:TTR) announce the successful completion of the independent Definitive Feasibility Study on its 100% owned Phillips River Project demonstrating a viable project, generating over A$1 billion in revenue and A$224 million (pretax) in net cash over a 10 year life of mine.
The Australian share market fell for the fourth consecutive day dragged by resources stocks. The local shares dropped sharply at in early trade amid the global debt jitters. The disappointing growth figures from Japan also weighed on the local market. At the close, the benchmark S&P/ASX200 index fell 32.7 points, or 0.7 per cent, at 4637.9, while the broader All Ordinaries lost 33.8 points, or 0.7 per cent, to 4652.6. The Aussie dollar also fell below 91 US cents today.