Murchison Metals Ltd (ASX:MMX) has entered into a conditional sale agreement with Mitsubishi Development Pty Ltd in relation to all of the Company's interests in Crosslands Resources Ltd, the owner of the Jack Hills Expansion Project, and the Oakajee Port and Rail ("OPR") project (the "Transaction").
Sundance Resources Limited (ASX:SDL) is pleased to announce that its plan to develop the world's next major iron ore province has progressed with the Government of the Republic of Cameroon confirming that the land identified for the proposed rail corridor which links the Mbalam Project to the Lolabe Port has been declared Land for Public Utility.
Asian Activities Report for November 23, 2011 includes: Air Liquide (EPA:AI), the world leading industrial gas supplier, has formed a 50/50 joint venture with China Petroleum and Chemical Corporation ("Sinopec") (NYSE:SNP) (HKG:0386) (SHA:600028) to jointly invest Euro 85 million in a refinery expansion project in Maoming, Guangdong Province, China; TNG Limited (ASX:TNG) reports positive interim results from the Pre-Feasibility Study ("PFS") on its 100%-owned Mount Peake Iron-Vanadium Project in the Northern Territory; Sumitomo Metal Mining Co., Ltd. (TYO:5713) has established a subsidiary in Brazil to look for opportunities to acquire interests in copper, gold, nickel or other resources project; Western Desert Resources Limited (ASX:WDR) has signed a Memorandum of Understanding with Xstrata Zinc to investigate the feasibility of gaining access to Xstrata Zinc's McArthur River Mine loading facility.
Sundance Resources Limited (ASX:SDL) provides the following update on its activities to progress development of the Mbalam Iron Ore Project in the Republic of Cameroon and the Republic of Congo.
Iron Road Limited (ASX:IRD) is pleased to confirm positive results from sinter test work for the proposed iron concentrate to be produced at the Central Eyre Iron Project (CEIP) in South Australia.
Western Manganese Limited (ASX:WMN) is pleased to announce that it has executed the following agreements with Borneo Brothers Limited which legally bind the transaction pursuant to the Heads of Agreement.
Iron Road Limited (ASX:IRD) is pleased to announce that Stage VII drilling, situated along strike and to the east of Murphy South, has commenced.
