FerrAus Limited (ASX:FRS) (PINK:FRRAF) has successfully completed the bookbuild for its A$35 million placement as approved by shareholders at the Extraordinary General Meeting held in Perth on 24 January 2011.
Emu Nickel NL (ASX:EMU) announce that three diamond drill holes (totalling 1,359 metres) have been completed at the Emu Lake nickel project, 70km north east of Kalgoorlie. The drilling was designed to test multiple electromagnetic (EM) conductor targets in three areas at Binti South, some 500m to 1000m south of the Binti Gossan zone.
Australian Market Report of January 25, 2011 includes: Hunnu Coal Limited (ASX:HUN) has acquired a further 15% interest in the Unst Khudag Coal Mine and surrounding licenses in Mongolia; Integra Mining Limited (ASX:IGR) has completed Mineral Resources estimations for a number of new gold deposits; Enterprise Metals Limited (ASX:ENT) has received assay results at Burracoppin Iron Project in Western Australia; IMX Resources Limited (ASX:IXR) reported more high grade nickel sulphides in Tanzania.
An Extraordinary General Meeting of shareholders in FerrAus Limited (ASX:FRS) (PINK:FRRAF) today approved a resolution to allow a proposed capital raising of up to A$35 million.
Metallica Minerals Ltd (ASX:MLM) is pleased to announce that the Company is planning to move to fulltime technical and metallurgical development of its 100%-owned NORNICO cobalt, nickel and scandium project northwest of Townsville in North Queensland.
Australian Market Report of January 13, 2011 includes: Mindoro (ASX:MDO) announce significant nickel intersections and nickel acquisition in the Philippines; Spitfire Resources Limited (ASX:SPI) identified new manganese discovery in Western Australia; Avanco Resources Limited (ASX:AVB) has obtained permissions for drilling at the Trindade North Iron Ore Project in Brazil; Neon Energy Limited (ASX:NEN) reported early success of North San Ardo Cyclic Steaming Project in California.
Victory West Moly Limited (ASX:VWM) (ETR:R1E) the SE-Asia focused metals explorer, is pleased to provide an update of its drilling program at the USSU Nickel Project.
