Victory West Moly Limited (ASX:VWM) (ETR:R1E) is pleased to announce the signing of a binding Memorandum of Understanding with China Guangshou Group Corp ("CGGC") that, subject to due diligence, is to acquire a 65% interest in the Malala Molybdenum Project.
Atlas Iron Limited (ASX:AGO) is pleased to report that is now delivering ore to the new Utah Port from its two North Pilbara iron ore mines, Wodgina and Pardoo.
Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at the Tete iron/vanadium/titanium project.
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).
Pluton Resources Limited (ASX:PLV) ("Pluton"), the emerging iron ore producer behind the development of an innovative drilling platform for some of the toughest terrain in Australia, has been given this year's Golden Gecko Award for Environmental Excellence at an award ceremony in Perth.
Atlas Iron Limited (ASX:AGO) is pleased to report that its plan to establish a centralised processing and haulage point to underpin its expansion push has been strongly supported by a pre-feasibility study. Known as the Turner River Hub, the centralised would blend and process ore from 3 of Atlas' 4 North Pilbara iron ore projects (Wodgina, Abydos and Mt Webber) in preparation for transport to the new Utah Point Port Facility at Port Hedland 95kms away.
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.
