Australian Economy

Australian Market Report of February 9, 2011: SomnoMed (ASX:SOM) To Benefit From New Medicare Policy In US

🕔2/9/2011 1:30:00 PM

Australian Market Report of February 9, 2011 includes: SomnoMed Limited (ASX:SOM) announced that oral appliance treatment is now reimbursable for Medicare patients in the US; Padbury Mining Limited (ASX:PDY) discovered high-grade haematite mineralisation in Western Australia; Highlands Pacific Limited (ASX:HIG) today reports a 79% increase in resource tonnage at its Frieda Horse Ivaal Trukai project in Papua New Guinea; Zenith Minerals Limited (ASX:ZNC) announced results from Mount Alexander Magnetite Iron Project.

Read Full Article

Australian Market Report of February 8, 2011: Robust Resources (ASX:ROL) Discover High Grade Gold, Silver And Sulphide Mineralisation in Indonesia

🕔2/8/2011 1:30:00 PM

Australian Market Report of February 8, 2011 includes: Robust Resources Limited (ASX:ROL) has intersected near-surface high grade gold, silver and sulphide mineralisation in East Indonesia; Pharmaxis Limited (ASX:PXS) received approval for marketing Bronchitol in Australia to treat cystic fibrosis; St George Mining Limited (ASX:SGQ) announced new gold targets in Western Australia; Jatoil Limited (ASX:JAT) signed a deal to acquire coal assets in Queensland.

Read Full Article

Australian Market Report of February 7, 2011: Automotive Technology Group (ASX:ATJ) Announce Most Efficient Supercharger System In The World

🕔2/7/2011 1:30:00 PM

Australian Market Report of February 7, 2011 includes: Automotive Technology Group Limited (ASX:ATJ) announced that the company's Sprintex (R) Supercharger is the world's most efficient automotive supercharger system; Coal study highlights export grade thermal coal potential from Aviva Corporation Limited (ASX:AVA) Mmamantswe project in Botswana; EnviroGold Limited (ASX:EVG) has significantly strengthened its management in Latin America; Phosphagenics Limited (ASX:POH) announced collaboration to develop psoriasis drug in USA.

Read Full Article

Australian Market Report of February 4, 2011: iSOFT (ASX:ISF) System Significantly Reduced Hospital Medication Errors

🕔2/4/2011 1:30:00 PM

Australian Market Report of February 4, 2011 includes: The implementation of the iSOFT (ASX:ISF) Medication Management solution has helped reduce medication errors at Dunedin Hospital of Otago in New Zealand; East Coast Minerals NL (ASX:ECM) is to acquire advanced lithium project in Austria; Aquila Resources Limited (ASX:AQA) announced a further 63% resource increase at the Avontuur Manganese Project in South Africa; Monto Minerals Limited (ASX:MOO) is to acquire tin assets in Queensland.

Read Full Article

Australian Market Report of February 3, 2011: Crusader Resources (ASX:CAS) To Significantly Expand Gold Exploration in Brazil

🕔2/3/2011 1:30:00 PM

Australian Market Report of February 3, 2011 includes: Crusader Resources Limited (ASX:CAS) continue to extend the known mineralisation at the Borborema gold project in Brazil; WPG Resources Limited (ASX:WPG) is to establish a joint venture with Evergreen Energy Inc. (NYSE:EEE) to develop and commercialise K-Fuel technology throughout Australia; Xanadu Mines Limited (ASX:XAM) and Noble Group (SIN:N21) form a strategic alliance in Mongolia; Octanex N.L. (ASX:OXX) is to commence drilling operations offshore Western Australia.

Read Full Article

Australian Market Report of February 2, 2011: Fortis Mining (ASX:FMJ) Secures Strategic Hong Kong Investment And Partnership

🕔2/2/2011 1:30:00 PM

Australian Market Report of February 2, 2011 includes: Fortis Mining Limited (ASX:FMJ) has entered into a strategic partnership alliance with Grand Concord Investments Limited; Peninsula Energy Limited (ASX:PEN) announced 33Mlbs U3O8 resources in USA; Molopo Energy Limited (ASX:MPO) is to sell Spearfish oil asset to Legacy Oil + Gas Inc (TSE:LEG); Avita Medical Limited (ASX:AVH) completed ISO quality certification audit to sell its products in Europe.

Read Full Article

Australian Market Report of February 1, 2011: Exoma Energy (ASX:EXE) Signed Farm-In Agreement With CNOOC (HKG:0883)

🕔2/1/2011 1:30:00 PM

Australian Market Report of February 1, 2011 includes: Exoma Energy (ASX:EXE) signed farm-in agreement with CNOOC (HKG:0883); Moly Mines Limited (ASX:MOL) (TSE:MOL) has received loan commitment from China Development Bank for up to US$250 million; Asciano Group (ASX:AIO) secures another 3.5 million tonnes contract with Anglo American; Kidman Resources Limited (ASX:KDR) reported encouraging near-surface copper results in New South Wales.

Read Full Article