Australian Economy

Australian Market Report of October 11, 2010: Henan Yukuang Xinyuan Signs Farm-In Agreement With South American Iron & Steel (ASX:SAY) For Magnetite Iron Ore Project In Chile

🕔10/11/2010 1:30:00 PM

Australian Market Report of October 11, 2010 includes: South American Iron & Steel Corporation Limited (ASX:SAY) executed a conditional Farm-in Agreement with Henan Province Yukuang Xinyuan Mining Co. Limited; Altura Mining Limited (ASX:AJM) announced significant lithium mineralisation discovered in WA; Kasbah Resources Limited (ASX:KAS) completed a scoping study on the Achmmach Tin Project in Morocco; Global Geoscience Limited (ASX:GSC) announced further evidence of the copper potential at the Sara Sara project in southern Peru.

Read Full Article

Australian Market Report of October 8, 2010: Waratah Gold (ASX:WGO) To Acquire Iron Ore Project In Congo

🕔10/8/2010 1:30:00 PM

Australian Market Report of October 8, 2010 includes: Waratah Gold Limited (ASX:WGO) is to acquire iron ore project in Congo; Avonlea Minerals Limited (ASX:AVZ) will be granted vanadium and base metal licences in Northern Namibia; Cape Range Limited (ASX:CAG) signed a Memorandum Of Understanding to acquire a lithium project in Zimbabwe; Argus Solutions Limited (ASX:ASV) launched its American Depositary Receipt program.

Read Full Article

Australian Market Report of October 7, 2010: Venture Minerals (ASX:VMS) To Raise A$20 Million For Mt Lindsay Tin/Tungsten Project

🕔10/7/2010 1:30:00 PM

Australian Market Report of October 7, 2010 includes: Venture Minerals (ASX:VMS) will raise A$20 million to fast track the Mt Lindsay Tin/Tungsten Project; Oklo Uranium Limited (ASX:OKU) intends to expedite the granting of the Killi Killi South Prospect for rare earths exploration; Jatoil Limited (ASX:JAT) is to commence regular biofuel output after new plantation purchase; Astro Resources NL (ASX:ARO) has been granted the North Doolgunna Gold Project in WA.

Read Full Article

Australian Market Report of October 6, 2010: Quantum Resources (ASX:QUR) Searching For Heavy Rare Earth Elements, Uranium And Gold

🕔10/6/2010 1:30:00 PM

Australian Market Report of October 6, 2010 includes: Quantum Resources Limited (ASX:QUR) Gardner Range exploration program is underway; Tissue Therapies Limited (ASX:TIS) was granted the third core VitroGro (R) patent in US; International Finance Corporation commits to further investment in Gryphon Minerals Limited (ASX:GRY); Alkane Resources Limited (ASX:ALK) drill results confirm continuity of gold mineralisation in NSW.

Read Full Article

Australian Market Report of October 5, 2010: Leyshon Resources Limited (ASX:LRL) Targets Coking Coal Assests In South Western Mongolia

🕔10/5/2010 2:30:00 PM

Australian Market Report of October 5, 2010 includes: Leyshon Resources Limited (ASX:LRL) is targeting coking coal exploration assests in South Western Mongolia; Brumby Resources Limited (ASX:BMY) reported high grade manganese rock samples up to 52% Mn; MetroCoal Limited (ASX:MTE) joint venture with China Coal is underway; Cortona Resources Limited (ASX:CRC) discovered new shallow gold mineralised structures in NSW.

Read Full Article

Australian Market Report of October 1, 2010: Australian-American Mining (ASX:AIW) Potentially Large Rare Earth/Specialist Metal Discovery In US

🕔10/1/2010 1:30:00 PM

Australian Market Report of October 1, 2010 includes: Australian-American Mining Corporation (ASX:AIW) announced potentially large rare earth/specialist metal discovery in USA; Alloy Resources Limited (ASX:AYR) reported high grade Mn deposits in NSW; Thundelarra Exploration Limited (ASX:THX) received additional assay results from the Hayes Creek Uranium project; Blina Diamonds NL (ASX:BDI) secures foothold into the Mongolian coal sector.

Read Full Article

FINANCE VIDEO: Currency Economist Clifford Bennett Speaks with Brian Carlton on the Reserve Bank, Currency, Gold and the Asian Economy

🕔10/1/2010 10:10:21 AM

In a 15 minute interview with ABN Newswire's Brian Carlton, Clifford Bennett speaks frankly about his views on the growing Asian Economies and the social reasons behind this. Also Clifford speaks about currency performance in the major economies, the outlook for Gold, the parity performance of the Australian Dollar, and a clear warning to the Reserve Bank of Australia on lifting interest rates.

Read Full Article