Australian Economy

Australian Market Report of January 31, 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Joint Venture Achieved Milestone In China Oil Fields Development

🕔1/31/2011 1:30:00 PM

Australian Market Report of January 31, 2011 includes: China National Offshore Oil Company Limited (HKG:0883) (NYSE:CEO) has approved the Project Investment and the Overall Development Plan for the development of the three oil fields in China; Copper Strike Limited (ASX:CSE) signed agreements with China to fund multi-deposit project in North Queensland; Jupiter raises A$150 million to advance mining projects in South Africa and Australia; Viralytics Limited (ASX:VLA) (PINK:VRACY) has received Chinese notice for the grant of a patent involving of the use of CAVATAKTM RNA as an anti-cancer agent in human melanoma.

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Australian Market Report of January 28, 2011: Liquefied Natural Gas Limited (ASX:LNG) Form Strategic Partnership With China Huanqiu Contracting And Engineering Corporation

🕔1/28/2011 1:30:00 PM

Australian Market Report of January 28, 2011 includes: Liquefied Natural Gas Limited (ASX:LNG) form strategic partnership with China Huanqiu Contracting & Engineering Corporation; PT ANTAM (Persero) Tbk (ASX:ATM) acquire Sarolangun Coal Mine in Indonesia; Drake Resources Limited (ASX:DRK) reported high gold grades sampling from Mauritania; Horseshoe Metals Limited (ASX:HOR) announced highly encouraging results from Horseshoe Lights Cu-Au project in Western Australia.

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Australian Market Report of January 27, 2011: Universal Coal (ASX:UNV) Makes Strategic Coking Coal Acquisition in South Africa

🕔1/27/2011 1:32:00 PM

Australian Market Report of January 27, 2011 includes: Universal Coal plc (ASX:UNV) makes strategic coking coal expansion acquisition in South Africa; Marmota Energy Limited (ASX:MEU) received significant iron results in South Australia; African Iron Limited (ASX:AKI) intersected further significant DSO Iron Mineralisation in Congo; Chesser Resources Limited (ASX:CHZ) received further high grade gold results in Turkey.

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Australian Market Report of January 25, 2011: Hunnu Coal (ASX:HUN) Acquire Further Coal Assets In Mongolia

🕔1/25/2011 1:30:00 PM

Australian Market Report of January 25, 2011 includes: Hunnu Coal Limited (ASX:HUN) has acquired a further 15% interest in the Unst Khudag Coal Mine and surrounding licenses in Mongolia; Integra Mining Limited (ASX:IGR) has completed Mineral Resources estimations for a number of new gold deposits; Enterprise Metals Limited (ASX:ENT) has received assay results at Burracoppin Iron Project in Western Australia; IMX Resources Limited (ASX:IXR) reported more high grade nickel sulphides in Tanzania.

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Australian Market Report of January 24, 2011: IMX Resources (ASX:IXR) To Sign Iron Ore Sales Contact With China Juhua Group

🕔1/24/2011 1:30:00 PM

Australian Market Report of January 24, 2011 includes: IMX Resources Limited (ASX:IXR) announced the signing of a binding term sheet for the sale of Cairn Hill Phase 1 ore; Alchemy Resources Limited (ASX:ALY) reported high-grade gold intersections in Western Australia; Altera Resources Limited (ASX:AEA) has signed a Joint Venture agreement to explore for coal in Tanzania; Golden Rim Resources Limited (ASX:GMR) confirmed major gold targets in Mali.

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Queensland Floods Crisis: Legal Considerations as Companies Recover and Return to Operation

🕔1/24/2011 12:43:23 PM

The Queensland floods have been described as unprecedented and their impact on the energy and resources industry, among other industries, will indeed be extraordinary. Early estimates place the cost of direct damages to the Queensland economy in the vicinity of billions of dollars (including an estimated cost of AUD$2.3 billion to resource companies according to the Queensland Resources Council), and some commentators are projecting this to become the most expensive disaster in Queensland and Australian history. Issues abound for companies with Queensland flood affected operations to plan for their recovery and return to business.

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Australian Market Report of January 21, 2011: Prairie Downs Metals (ASX:PDZ) Report High Grade Zinc-Lead-Silver Mineralisation

🕔1/21/2011 1:30:00 PM

Australian Market Report of January 21, 2011 includes: Prairie Downs Metals Limited (ASX:PDZ) reported high grade zinc-lead-silver mineralisation; BC Iron Limited (ASX:BCI) announced proposed acquisition by Regent Pacific Group Limited (HKG:0575); Middle Island Resources Limited (ASX:MDI) completed an 800m trenching programme on the Reo Project in Burkina Faso; Archer Exploration Limited (ASX:AXE) will commence a ground gravity survey at Wildhorse Plains in South Australia.

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