Australian Economy

Australian Market of September 9, 2010: Aspire (ASX:AKM) Testwork Results Confirms High Quality Coal at Ovoot Project

🕔9/9/2010 1:30:58 PM

Australian Market of September 9, 2010 includes; Condor Nickel Limited (ASX:CNK) exploration drilling continues to indicate the potential for a significant iron ore resource, Mirabela Nickel Limited (ASX:MBN) has priced an institutional bookbuild to raise US$165 million, IMX Resources Limited (ASX:IXR) has reported new nickel-copper intersections from the Nachingwea project and Aspire Mining Limited (ASX:AKM) initial raw coal quality testwork results continue to confirm high quality coal at Ovoot.

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Australian Market Report of September 08, 2010: Coeur (NYSE:CDE) Signs a Contract with Aurubis (ETR:NDA)

🕔9/8/2010 1:30:37 PM

Australian Market Report of September 08, 2010 includes; Coeur d'Alene Mines (NYSE:CDE) subsidiary Coeur Alaska, Inc., has entered into a contract with Aurubis AG (ETR:NDA). Pacific Brands (ASX:PBG) recovered to a full-year net profit of A$52.7 million for the 12 months ending June 30, Alexium International (ASX:AJX) today announced that the Patents Registry for the Hong Kong Special Administrative Region China has been approved, Convergent Minerals (ASX:CVG) is to acquire Windarling Peak Project by farm-in from Iron Road Ltd (ASX:IRD).

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Australian Market Report of September 3, 2010: Dart Energy (ASX:DTE) Acquires a Strategic Stake in Composite Energy

🕔9/3/2010 1:30:59 PM

Australian Market Report of September 3, 2010 includes; Dart Energy Limited (ASX:DTE) advanced plans to create a global coal bed methane company, Northern Uranium Limited (ASX:NTU) (PINK:NOURF) renounceable rights to raise approximately A$6.6 million, Further exploration drilling and geophysical surveys at Magma Metals Limited (ASX:MMW) (TSE:MMW) Thunder Bay North project and Castle Minerals Limited (ASX:CDT) infill soil geochemical sampling testing the Koda Hill target.

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Australian Market Report of September 2, 2010: Tanami Gold (ASX:TAM) High Grade Results at Central Tanami Project

🕔9/2/2010 1:30:05 PM

Australian Market Report of September 2, 2010 includes; Empire Resources (ASX:ERL) enters into an option agreement with La Mancha Resources, Tanami Gold NL (ASX:TAM) reported further high grade results from its Central Tanami Project, the signing of a Native Title Mining Agreement for development of IronClad Mining's (ASX:IFE) Wilcherry Hill iron ore project and HealthLinx Limited (ASX:HTX) has finalised research agreements to begin the 220 patient study required for South Korea Food and Drug Administration (KFDA).

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Australian Market Report of September 1, 2010: Zinc Co Australia (ASX:ZNC) Positive Drilling Results

🕔9/1/2010 1:30:05 PM

Australian Market Report of September 1, 2010 includes; Positive results from RC drilling completed at Zinc Co (ASX:ZNC), NiPlats Australia (ASX:NIP) reported today further high grade lead assays in surface samples, MIL Resources (ASX:MGK) reconnaissance rock and soil sampling at its Poi gold copper project in PNG has reported excellent results, and recent drilling at Overland Resources' (ASX:OVR) Darcy Zinc Deposit has intersected thick zones of visible coarse grained sphalerite.

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Australian Market Report of August 31, 2010: Transit Holding (ASX:TRH) to Review Johnston Range Commercial Opportunity

🕔8/31/2010 1:30:49 PM

This morning the Australian shares dropped, led by energy and metals & mining stocks, after the US and European markets overnight closed lowered in quiet trade. Both the S&P/ASX200 Index and the broader All Ordinaries Index fell by approximately 0.7 per cent.

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Australian Market Report of August 27, 2010: Enterprise Metals (ASX:ENT) Locates Bif at Burracoppin project

🕔8/27/2010 1:30:51 PM

The Australian shares started lower on Friday. Overnight Dow Jones index fell below the psychologically 10000 mark on continued worries about US economic growth. Investors were increasingly nervous ahead of the US government's Friday release second-quarter GDP number. Shortly after the local market opened, the S&P/ASX200 Index was down 0.53 per cent, while the broader All Ordinaries Index lost 0.5 per cent.

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