Australian Market Report of December 16, 2010: Indo Mines (ASX:IDO) to Commence Commercial Trials of Iron Concentrate Production In 2011
Australian Market Report of December 16, 2010 includes: Indo Mines Limited (ASX:IDO) will commence production of commercial trials of iron concentrate in Indonesia; West African Resources Limited (ASX:WAF) reported its most significant results to date at Boulsa Gold Project in Burkina Faso; Molopo Energy Limited (ASX:MPO) had achieved its first proved onshore gas reserves in South Africa; Aurora Oil & Gas Limited (ASX:AUT) is to raise A$120 Million to fund Eagle Ford Shale Acquisition.