Murchison Metals Limited (ASX:MMX) Report A3.3 Million Interim Net Profit
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) reported an after tax profit from continuing operations of A$3.3 million for the half year ended 31 December 2010.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) reported an after tax profit from continuing operations of A$3.3 million for the half year ended 31 December 2010.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to advise that operations have resumed at the Jack Hills Stage 1 iron ore project in Western Australia, following their temporary suspension on 22 February 2011 due to regional flooding and road closures.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to advise it has formally executed its agreement with Resource Capital Fund V L.P. for the US$100 million Bridge Finance Facility that was announced to the ASX on 19 November 2010.
Australian Market Report of March 15, 2011 includes: Kangaroo Resources Limited (ASX:KRL) is on track to complete the acquisition of the Pakar Thermal Coal Project in Indonesia by June 2011; General Mining Corporation Limited (ASX:GMM) raised A$1.2m to advance projects in Mongolia and Western Australia; Hot Rock Limited (ASX:HRL) successfully completed the first geophysical survey at its Longavi Geothermal Project in Chile; Rex Minerals Limited (ASX:RXM) reported multiple shallow high grade intersections at Hillside Copper Project in South Australia.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to advise that the Environmental Protection Authority of Western Australia has recommended approval of the proposed Oakajee Port & Rail terrestrial iron ore port development and associated rail infrastructure in the State's mid-west region.
Australian Market Report of March 14, 2011 includes: Brazilian Metals Group Limited (ASX:BMG) provided a further update on the drilling program at its Rio Pardo Iron Project in Brazil; Lodestone Energy Limited (ASX:LOD) is to acquire coal assets in Queensland; Zamia Metals Limited (ASX:ZGM) continues expansion drilling at Anthony molybdenum resource in central Queensland; Coalworks Limited's (ASX:CWK) wholly owned subsidiary Orpheus Energy Group Pty Ltd signed a further joint venture agreement for Kintap Coal Project in Indonesia.
Iron Road Limited (ASX:IRD) report on current progress at the Central Eyre Iron Project (CEIP).