Australian Economy

Asian Activities Report for August 11, 2011: Helix Resources (ASX:HLX) Discovered Significant Copper Mineralisation in Chile

🕔8/11/2011 11:38:18 AM

Asian Activities Report for August 11, 2011 includes: Helix Resources Limited (ASX:HLX) reported outstanding assay results from its initial drilling on the Joshua Project in Chile; Breakaway Resources Limited (ASX:BRW) has extended the polymetallic mineralisation at the Surprise Ridge target; Ampella Mining Limited (ASX:AMX) has received initial drill results from the Foumbiri Prospect in Burkina Faso; Flinders Mines Limited (ASX:FMS) announced a maiden Inferred Mineral Resource at its Canegrass Magnetite Project; Reliance Industries Limited (BOM:500325) has received Indian government's approval for its deal with BP (LON:BP).

Read Full Article

Asian Activities Report for August 10, 2011: Eureka Energy (ASX:EKA) Completes the First Well at Pan de Azucar Eagle Ford Shale Project in USA

🕔8/10/2011 12:00:35 PM

Asian Activities Report for August 10, 2011 includes: Eureka Energy Limited (ASX:EKA) today provided an update on the Black Jack Springs Unit-1H well, the first well at its Pan de Azucar Eagle Ford Shale project onshore Texas, USA; Desert Energy Limited (ASX:DSN) reported on its second RC drilling campaign at its Camel Hills Joint Venture project in Western Australia; Maverick Drilling and Exploration Limited (ASX:MAD) reported a potential new oil field discovery from its Santa Rosa well #43 in Texas; IMX Resources Limited (ASX:IXR) announced a 139% increase in the Cairn Hill Phase 2 resource; TAKE Solutions (BOM:532890) has extended the partnership with QlikTech (NASDAQ:QLIK).

Read Full Article

Asian Activities Report for August 9, 2011: Sheffield Resources (ASX:SFX) Announce Drilling Success At West Mine North Heavy Mineral Sands Project

🕔8/9/2011 12:00:05 PM

Asian Activities Report for August 9, 2011 includes: Sheffield Resources Limited (ASX:SFX) today announced excellent drilling results at its West Mine North heavy mineral sands project in Western Australia; Guildford Coal Limited (ASX:GUF) has completed the US$3.5m acquisition of a new exploration permit in Mongolia; Monax Mining Limited (ASX:MOX) has purchased a tenement and increased its exposure to potential copper mineralisation in South Australia; Axiom Mining Limited (ASX:AVQ) will commence a three phase exploration over two years to evaluate the gold and copper prospectivity in Vietnam; Tata Consultancy Services (BOM:532540) is to partner with Singapore Management University for the establishment of the TCS-SMU iCity Lab.

Read Full Article

Asian Activities Report for August 8, 2011: Laconia Resources (ASX:LCR) to Form Joint Venture with Chinese Investment Group for Mooletar Iron Ore Project

🕔8/8/2011 12:00:32 PM

Asian Activities Report for August 8, 2011 includes: Laconia Resources Limited (ASX:LCR) has entered into a joint venture agreement with Sinoz Mining Investment Group for the Mooletar Iron Ore Project in Western Australia; Altura Mining Limited (ASX:AJM) announced an initial JORC Mineral Resource estimate for its Pilgangoora Lithium project in Western Australia; White Rock Minerals Limited (ASX:WRM) has received additional high grade silver assays from recent drilling at the Lady Hampden silver prospect; Voyager Resources Limited (ASX:VOR) has received initial assay results from the KM Copper Porphyry Project in southern Mongolia; Godrej Properties Limited (BOM:533150) has entered into an agreement with Jet Airways Limited (BOM:532617) to develop Jet Airways's property in Mumbai.

Read Full Article

Asian Activities Report for August 5, 2011: Bulletin Resources (ASX:BNR) Continue to Grow High Grade Gold Discovery

🕔8/5/2011 12:00:00 PM

Asian Activities Report for August 5, 2011 includes: Bulletin Resources Limited (ASX:BNR) reported additional high grade gold results from its 100% owned Nicolson's Gold Project in northern Western Australia; Central Petroleum Limited (ASX:CTP) intends to drill up to three wells starting from mid-September 2011; ZYL Limited (ASX:ZYL) has confirmed additional significant coal resources at the Kangwane Anthracite Project; Grand Gulf Energy Limited (ASX:GGE) said today that La Posada discovery well has been logged and fully evaluated to 18,400ft; Hinduja Global Solutions Limited (BOM:532859) has acquired On-Line Support Inc..

Read Full Article

Asian Activities Report for August 4, 2011: Legacy Iron Ore Limited (ASX:LCY) Report Potential Magnetite Resource Increase at Mt Bevan Iron Ore Project

🕔8/4/2011 12:00:00 PM

Asian Activities Report for August 4, 2011 includes: Legacy Iron Ore Limited(ASX:LCY) said today that field work at Mt Alexander has indicated potential for an additional major magnetite resource; Iron Ore Holdings Ltd (ASX:IOH) announced results of Phase 1 Pre-Feasibility Study for the Iron Valley Project in Western Australia; Diatreme Resources Limited (ASX:DRX) has lodged a mining application for the Cyclone heavy mineral project; Marmota Energy Limited (ASX:MEU) has identified multiple large-scale drill ready targets on its 100%-owned West Melton Copper Gold Project; Lanco Infratech Limited (BOM:532778) has been selected as a bidder for the development of the Gare Pelma Sector II coal block in India.

Read Full Article

Asian Activities Report for August 3, 2011: TNG Limited (ASX:TNG) to Form Strategic Partnership with Leading Chinese Group

🕔8/3/2011 12:00:33 PM

Asian Activities Report for August 3, 2011 includes: Australian resources company TNG Limited (ASX:TNG) is to form strategic partnership with a leading Chinese group; New Age Exploration Limited (ASX:NAE) has entered into a binding agreement to acquire another coking coal exploration and mining concession in Colombia; Altura Mining Limited (ASX:AJM) announced further drilling results from its Pilgangoora Lithium project located in the Pilbara region of Western Australia; Continental Coal Limited (ASX:CCC) is to form partnership with the Sishen Iron Ore Company Community Development Trust; MphasiS (BOM:526299) has signed a definitive agreement to acquire 100% equity stake in Wyde Corporation.

Read Full Article