Atlas Iron Limited (ASX:AGO) Announces A$169 Million Maiden Annual Profit and Dividend of 3 Cents per Share
Atlas Iron Limited (ASX:AGO) is pleased to report a maiden annual profit after income tax of A$169 million for the year to June 2011.
Companies in the News
Iron Ore
Equatorial Resources Limited (ASX:EQX) Accelerates Drilling Program At Mayoko-Moussondji Iron Project
Equatorial Resources Limited (ASX:EQX) is pleased to announce that Wallis Drilling Pty Ltd have commenced drilling at the Makengui Prospect within the Mayoko-Moussondji Iron Project.
Magnetic Resources Nl (ASX:MAU) Appoints Mr Eric JH Lim as Non-Executive Director
Magnetic Resources Nl (ASX:MAU) is pleased to advise that Singapore-based private investor, Mr Eric JH Lim, has been appointed as an additional non-executive director of the Company. He currently holds 3,350,000 fully paid ordinary shares via a holding company on his own account and represents a group of Singapore-based investors who hold a significant stake in the Company.
Asian Activities Report for August 23, 2011: Whitehaven Coal (ASX:WHC) Increased Total Coal Resources by 21.5 Million Tonnes
Asian Activities Report for August 23, 2011 includes: Whitehaven Coal Limited (ASX:WHC) said today that its Total Coal Resources have increased in the past half year from 1,750 Mt to 1,771.5 Mt; African Iron Limited (ASX:AKI) has received the first batch of assay results from the 2011 drilling campaign at its 80% owned Mayoko Iron Ore Project in Congo; Medusa Mining Limited (ASX:MML) announces the annual update of the JORC compliant Ore Reserve estimation for the Co-O Mine; Gascoyne Resources Limited (ASX:GCY) Glenburgh project gold resource increased to 520,000 oz; Satyam Computer Services Limited (BOM:500376) announced the inauguration of its near shore delivery centre in Netherlands.
Atlas Iron Limited (ASX:AGO) Update on Recommended Takeover Offer for FerrAus (ASX:FRS)
Atlas Iron Limited (ASX:AGO) is pleased to confirm the timetable for its recommended takeover offer for FerrAus Limited ("FerrAus") (ASX:FRS) announced on 27 June 2011. Atlas will open its bid for FerrAus in the week starting 5 September 2011.
Venus Metals Corporation Limited (ASX:VMC) Appoints Mr Patrick Tan as Chief Financial Officer and Company Secretary
Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Patrick Tan as the Company's Chief Financial Officer and Company Secretary (Full-Time). The appointment will be effective 1st September 2011.
Atlas Iron Limited (ASX:AGO) 50% Increase In North Pilbara Reserves
Atlas Iron Limited (ASX:AGO) is pleased to announce a 50% increase in DSO Reserves, to 79.3Mt at 57.8% Fe, for its North Pilbara Projects. The increase is inclusive of depletion from mining in the past 12 months.
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