Australian Economy

Asian Activities Report for June 22, 2011: Drake Resources (ASX:DRK) Report High Grade Gold Intersections In Mauritania

🕔6/22/2011 12:00:16 PM

Asian Activities Report for June 22, 2011 includes: Drake Resources Limited (ASX:DRK) reported extensive gold mineralisation in Mauritania; Centaurus Metals Limited (ASX:CTM) upgraded the JORC resource estimate for its 100% owned Jambreiro Iron Ore Project in Brazil; Universal Coal plc (ASX:UNV) has completed the first phase of resource drilling at the Berenice-Cygnus Coking Coal Project in South Africa; Silver Lake Resources Limited (ASX:SLR) is progressing its ongoing exploration at its Mount Monger gold operations in Western Australia.

Read Full Article

Asian Activities Report for June 21, 2011: AusQuest Limited (ASX:AQD) Report Further High Grade Gold Results in Burkina Faso

🕔6/21/2011 12:00:55 PM

Asian Activities Report for June 21, 2011 includes: AusQuest Limited (ASX:AQD) reported further high-grade gold results from its Comoe Joint Venture in Burkina Faso; PMI Gold Corporation (CVE:PMV) (ASX:PVM) has appointed world class pre-feasibility study team for its Obotan Gold Project in Ghana; Consolidated Tin Mines (ASX:CSD) announced positive results from its Mt Garnet Tin project in northern Queensland; Zenith Minerals Limited (ASX:ZNC) has extended the Kerbar copper/zinc mineralisation to 400 metres strike.

Read Full Article

Asian Activities Report for June 20, 2011: Hastings Rare Metals (ASX:HAS) To Acquire Yangibana Rare Earth Project In Western Australia

🕔6/20/2011 12:00:40 PM

Asian Activities Report for June 20, 2011 includes: Hastings Rare Metals Limited (ASX:HAS) is to acquire a 60% interest in the Yangibana Rare Earth Project in Western Australia; IPGA Limited (ASX:IPP) is to raise A$8.9 million from SeLoger.com; Krucible Metals Limited (ASX:KRB) has received further encouraging results from the Garnet Prospect in Queensland; Mineral Deposits Limited (ASX:MDL) is to form a joint venture with Eramet (EPA:ERA).

Read Full Article

Asian Activities Report for June 17, 2011: Centaurus Metals (ASX:CTM) Acquires New Iron Ore Project In Brazil For Export Business

🕔6/17/2011 12:00:37 PM

Asian Activities Report for June 17, 2011 includes: Centaurus Metals Limited (ASX:CTM) has acquired a portfolio of iron ore tenements in south-eastern Brazil; L&M Energy Limited (ASX:LME) will commence drilling on Taranaki (New Zealand) drilling programme; U3O8 Limited (ASX:UTO) has received a number of high grade gold and silver assays from the Saltwater Pool Joint Venture project in Western Australia; Saracen Mineral Holdings Limited (ASX:SAR) is on track to meet its maiden full financial year production guidance of 110,000 to 120,000 ounces of gold.

Read Full Article

Asian Activities Report for June 16, 2011: Tiger Resources (ASX:TGS) Announce First Sales of Copper Concentrate From Kipoi Project

🕔6/16/2011 12:00:02 PM

Asian Activities Report for June 16, 2011 includes: Tiger Resources Limited (ASX:TGS) announced the first sales of copper concentrate produced from its Kipoi Copper Project in Congo; Altura Mining Limited (ASX:AJM) upgraded the exploration target for Pilgangoora Lithium Project; Cove Resources Limited (ASX:CVE) has identified a new gold target at the Goongarrie Project in Western Australia; Voyager Resources Limited (ASX:VOR) has entered into a number of service contracts to facilitate the exploration of its key projects in Mongolia.

Read Full Article

Asian Activities Report for June 15, 2011: Crusader Resources (ASX:CAS) Increases Borborema Gold Resources To 1.86 Moz

🕔6/15/2011 12:17:08 PM

Asian Activities Report for June 15, 2011 includes: Crusader Resources Limited (ASX:CAS) has increased the Mineral Resource estimate of Borborema Gold Project to 1.86 Moz; Wasabi Energy (ASX:WAS) has signed a term sheet to jointly develop, own and operate the Taufkirchen Geothermal Power Plant in Southern Germany; Groote Resources Limited (ASX:GOT) has completed the scoping study of the operational, technical and economic parameters of extracting manganese from seabed locations within the Company's tenements; Coalworks Limited (ASX:CWK) has received its Preliminary Feasibility Study update for the Vickery South Coal Mine, coal handling and preparation plant and mine infrastructure.

Read Full Article

Asian Activities Report for June 14, 2011: GBM Resources (ASX:GBZ) Report Significant Results From The Milo Iron Oxide Copper Gold Prospect

🕔6/14/2011 12:00:37 PM

Asian Activities Report for June 14, 2011 includes: GBM Resources Limited (ASX:GBZ) reported significant results of copper, gold, silver, cobalt, molybdenum and uranium from the Milo Prospect in Queensland; Kidman Resources Limited (ASX:KDR) reported further copper results from the Phase 3 drilling program at Blind Calf in central NSW; African Iron Limited (ASX:AKI) will mobilise two additional drill rigs to accelerate the resource definition drilling at the Mayoko iron ore project in Congo; Dampier Gold Limited (ASX:DAU) received further impressive results from recent RC holes completed at Cinnamon, K1 and Keillor East gold deposits.

Read Full Article