Australian Economy

Asian Activities Report for November 22, 2011: Courage Marine Group (HKG:1145) Acquires Second Supermax Vessel to Meet Rising Dry-Bulk Shipping Demand in Asia

🕔11/22/2011 12:00:03 PM

Asian Activities Report for November 22, 2011 includes: Dry-bulk shipping company Courage Marine Group Limited (HKG:1145) has signed an agreement with Zhejiang Zengzhou Ship Building Co., Ltd for the purchase of a newly-built Supermax-sized vessel for US$26.6 million; Blackwood Corporation (ASX:BWD) announces a JORC exploration target of 2.1-3.2 billion tonnes of thermal coal at South Pentland Project in Queensland; Invictus Gold Limited (ASX:IVG) announces the first results of the maiden drill programme at the Scartwater Prospect at its 100%-owned Drummond Basin Project in Central Queensland; Yellow Hat Limited (TYO:9882) and Idemitsu Kosan Co., Ltd. (TYO:5019) are currently discussing the formation of an alliance in wholesale, retail sales, and development of automotive accessory.

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Asian Activities Report for November 21, 2011: Ark Mines Ltd (ASX:AHK) Completed Due Diligence on the Marsuparia Contract of Work in Indonesia

🕔11/21/2011 10:30:46 AM

Asian Activities Report for November 21, 2011 includes: Ark Mines Ltd (ASX:AHK) has completed extensive geological, financial and legal due diligence on the Marsuparia Contract of Work tenement in Indonesia; Red Mountain Mining Limited (ASX:RMX) is to commence structural surface and underground geology studies at Xinqu mineralised area within the Zhongqu project to assist interpretation of the gold mineralisation; Altura Mining Limited (ASX:AJM) announces a 26% increase in the resource estimate at its Pilgangoora lithium project located in the Pilbara region of Western Australia; Frontier Solar Limited (SIM:FSO), a Brisbane-based solar mounting technology company, announced a A$6 million Initial Public Offering last week.

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Asian Activities Report for November 18, 2011: MetroCoal Limited (ASX:MTE) Increases Inferred Coal Resource of the Columboola Project to 1.297 Billion Tonnes

🕔11/18/2011 12:00:58 PM

Asian Activities Report for November 18, 2011 includes: MetroCoal Limited (ASX:MTE) announces a significant increase in the inferred coal resource of the Columboola Project from 540 million tonnes to 1.297 billion tonnes; Marmota Energy Limited (ASX:MEU) announces an initial resource estimate of 4.36 million tonnes of uranium mineralisation for its Saffron deposit within the Company's Junction Dam uranium project; Gryphon Minerals Limited (ASX:GRY) announces more outstanding drilling results from the Samavogo Gold Deposit at the Company's flagship Banfora Gold Project in Burkina Faso; Brisbane-based Frontier Solar Limited (SIM:FSO) has launched a A$6 million Initial Public Offering, expected to list on the SIM Venture Securities Exchange in late December 2011.

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Asian Activities Report for November 17, 2011: Northern Star Resources (ASX:NST) Announces Potential Gold Discovery Near Paulsens Gold Mine

🕔11/17/2011 12:00:02 PM

Asian Activities Report for November 17, 2011 includes: Northern Star Resources Limited (ASX:NST) has discovered a potential gold bearing quartz lode immediately adjacent to its Paulsens gold mine in Western Australia; Hillgrove Resources Limited (ASX:HGO) has commenced production from a process plant at its Kanmantoo copper mine in South Australia; Dart Mining NL (ASX:DTM) says today that its Unicorn deposit is estimated to contain 38,000 tonnes of recoverable molybdenum, 58,000 tonnes of recoverable copper and 8.6 million ounces of recoverable silver; Mindoro Resources Limited (ASX:MDO) today announces the final results from drilling of the Southwest Breccia epithermal gold shoot at Lobo, the Philippines.

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Asian Activities Report for November 16, 2011: Marmota Energy (ASX:MEU) Set 60-125 Million Tonnes of Hematite Iron Target for Western Spur Project in South Australia

🕔11/16/2011 12:03:09 PM

Asian Activities Report for November 16, 2011 includes: Marmota Energy Limited (ASX:MEU) announces 60-125 million tonnes of first stage iron ore exploration target for the Western Spur iron project in South Australia; Blackwood Corporation Limited (ASX:BWD) says today that its projects in the Galilee Basin in Queensland have been significantly advanced; Fox Resources Limited (ASX:FXR) has signed a non-binding Memorandum of Understanding with Jiangxi Jiangli Sci-Tech Co., Ltd; Gloucester Coal Limited (ASX:GCL) has increased the total JORC coal resources at its Monash Coal Resources from 287 million tonnes to 577 million tonnes.

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Asian Activities Report for November 15, 2011: Montezuma Mining (ASX:MZM) Reports Further High Grade Copper Results from Butcherbird Copper Project

🕔11/15/2011 11:38:38 AM

Asian Activities Report for November 15, 2011 includes: Montezuma Mining Company Limited (ASX:MZM) says today that further assay results from the recently completed drilling programme at the Butcherbird Copper Project have returned further high grade copper results; Universal Coal plc (ASX:UNV) has received all large diameter drill sample analysis and test work for Berenice-Cygnus Coking Coal Project; Guildford Coal Limited (ASX:GUF) announces an initial JORC resource estimate for EL13780X in the South Gobi Coal Project of 63.1 million tonnes; Aguia Resources Limited (ASX:AGR) has received excellent drilling results from the TE project in southern Brazil.

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Asian Activities Report for November 14, 2011: Centaurus Metals (ASX:CTM) Announces Robust Pre-Feasibility Study Results from Jambreiro Iron Ore Project

🕔11/14/2011 11:50:10 AM

Asian Activities Report for November 14, 2011 includes: Centaurus Metals (ASX:CTM) announces robust results from the Pre-Feasibility Study on its flagship Jambreiro Iron Ore Project in southeast Brazil; Robust Resources Limited (ASX:ROL) reports 206.7 metres of precious and base metal-rich mineralisation within the Lakuwahi Project in Indonesia; Globe Metals & Mining (ASX:GBE) says today that high grade titanium of up to 49.16% TiO2 has been returned from rock-chip assays from recently acquired titanium-vanadium-iron project at Memba, Mozambique; Manas Resources Limited (ASX:MSR) announces the updated results of the mining evaluation and pit optimisation review on its recently upgraded 100%-owned Shambesai Gold Project in the Kyrgyz Republic.

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