Australian Economy

Asian Activities Report for October 12, 2011: Fortescue Metals Group (ASX:FMG) Increases Total Iron Ore Resource Inventory to 11.42 Billion Tonnes

🕔10/12/2011 12:00:52 PM

Asian Activities Report for October 12, 2011 includes: Fortescue Metals Group Limited (ASX:FMG) says that the total iron ore resource at the Nyidinghu ore body has exceeded 2 billion tonnes and the Company's total resource inventory has increased to 11.42 billion tonnes; Credo Resources Limited (ASX:CRQ) has entered into an agreement to acquire extensive interests in gold permits in Burkina Faso; Carnarvon Petroleum Limited (ASX:CVN), together with its joint venture partner Pan Orient Energy (CVE:POE), says that NSE-F6 Development Well located onshore Thailand has been successfully drilled; Unity Mining Limited (ASX:UML) has signed an agreement to farm into the Firetower exploration project held by Greatland Gold plc (LON:GGP).

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Asian Activities Report for October 11, 2011: Allied Healthcare Group (ASX:AHZ) Report Successful Pre-Clinical Testing of Herpes Simplex Virus 2 Vaccine

🕔10/11/2011 12:00:13 PM

Asian Activities Report for October 11, 2011 includes: Allied Healthcare Group (ASX:AHZ) says today that its investee company Coridon Pty Ltd has successfully completed pre-clinical efficacy testing of its prototype Herpes Simplex Virus 2 vaccine with outstanding results; Universal Biosensors, Inc. (ASX:UBI) has commenced a new research and development project for Cilag GmbH International to determine the feasibility of an innovative blood glucose product to be used in the field of diabetes; Kalgoorlie Mining Company Limited (ASX:KMC) reports that recent drilling of the East Lode at the Bullant gold mine has intersected a spectacular high grade gold zone; Midas Resources Limited (ASX:MDS) will commence aircore drilling on a gold target south of the Intrepid Prospect at the Company's Lake Carey Project in Western Australia.

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Asian Activities Report for October 10, 2011: Carabella Resources (ASX:CLR) Appoints New Managing Director to Strengthen Expertise in the Coal Industry

🕔10/10/2011 12:00:44 PM

Asian Activities Report for October 10, 2011 includes: Carabella Resources Limited (ASX:CLR) announced the appointment of experienced coal industry executive Anthony Quin as Managing Director; Tasman Resources Limited (ASX:TAS) has signed a conditional agreement with Rio Tinto Limited (ASX:RIO) for the funding of an accelerated exploration program on Tasman's Vulcan prospect; Acer Energy Limited (ASX:ACN) has executed a conditional Sale and Purchase Agreement with Sundance Energy Australia Limited (ASX:SEA) to acquire all of Sundance's 23.33% working interest in Petroleum Exploration Licence 100; Starpharma Holdings Limited (ASX:SPL) has received agreement from the US Food and Drug Administration regarding the Phase 3 clinical trial program for the Company's VivaGel (R) bacterial vaginosis treatment.

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Asian Activities Report for October 7, 2011: Blue Energy (ASX:BUL) Further Increase Coal Seam Gas Potential in Bowen Basin

🕔10/7/2011 11:30:13 AM

Asian Activities Report for October 7, 2011 includes: Blue Energy Limited (ASX:BUL) has successfully drilled its Monslatt 9 coal seam gas well in Bowen Basin, Queensland; CBD Energy Limited (ASX:CBD) has signed an agreement to acquire energy retailer Neighbourhood Energy; CBD Energy Limited (ASX:CBD) has signed an agreement to acquire energy retailer Neighbourhood Energy; Energy World Corporation Limited (ASX:EWC) has signed a Memorandum of Understanding with the East Java Provincial Government in relation to the development and construction of an Liquefied Natural Gas Import Receiving Terminal and associated facilitates in East Java, Indonesia; TVN Corporation Limited (ASX:TVN) has revised its Exploration Target for the Target Resource Area in the south western portion of the Nuurst licence to 200-300 million tonnes of thermal coal.

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Asian Activities Report for October 6, 2011: Otis Energy Limited (ASX:OTE) Ready to Drill Avalanche Oil and Gas Project in US

🕔10/6/2011 12:30:05 PM

Asian Activities Report for October 6, 2011 includes: Otis Energy Limited (ASX:OTE) is to drill its Avalanche oil and gas project in the USA; Mako Energy Limited (ASX:MKE) advises that the well MKE 102 HZ Provost 14-2-40-4 successfully reached its targeted total depth; Aura Energy Limited (ASX:AEE) has commenced drilling at its 100%-owned Motala shale gas project in south-central Sweden; Potash West NL (ASX:PWN) has commenced an extensive potassium extraction programme to test samples taken from its world class glauconite deposits in the Dandaragan Trough, Western Australia.

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Asian Activities Report for October 5, 2011: Stonehenge Metals (ASX:SHE) Updates on Uranium Activities in South Korea

🕔10/5/2011 12:50:20 PM

Asian Activities Report for October 5, 2011 includes: Stonehenge Metals Limited (ASX:SHE) has commenced a preliminary pit optimisation to help identify key areas for resource upgrade; Robust Resources Limited (ASX:ROL) has completed an acquisition of copper-gold exploration assets in the Philippines; New Hope Corporation Limited (ASX:NHC) will commence a formal process to invite selected parties to submit takeover proposals to the Board for its consideration; Avenue Resources Limited (ASX:AVY) has entered into a conditional agreement to acquire 100% of the issued shares in Triumph Tin Mining Limited; Plentex Limited (ASX:PRM) has signed a conditional agreement for the acquisition of all the shares in Organic Fuels Algae Technologies LLC.

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Asian Activities Report for October 4, 2011: Sheffield Resources (ASX:SFX) Discover High Grade Talc Resources in Western Australia

🕔10/4/2011 12:00:04 PM

Asian Activities Report for October 4, 2011 includes: Bulk minerals explorer Sheffield Resources Limited (ASX:SFX) today announced high grade talc results from drilling at its Moora Talc Belt project in Western Australia; Lochard Energy Group Plc (ASX:LHD) said today that remapping work at the Thunderball prospect on UK North Sea block 14/26b has identified more recoverable resources; Phoenix Gold Limited (ASX:PXG) announced the results of its latest drill programme completed at the Broads Dam Gold Project in Western Australia; NSL Consolidated Ltd (ASX:NSL) said today that construction phase has commenced on its US$2.3 million iron ore beneficiation project in India; GAIL (India) Ltd (BOM:532155) has recently acquired its first shale gas assets in the USA.

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