Poseidon Nickel Limited (ASX:POS) is pleased to announce that it has agreed to acquire the Lake Johnston Nickel Project from OJSC MMC Norilsk Nickel. The acquisition of Lake Johnston would be in addition to the Black Swan acquisition announced on 7th July 2014.
Maersk Oil, a wholly owned subsidiary of Copenhagen's AP Moller-Maersk AS, has decided to write off US$1.7 billion of investments in the Wahoo and Itaipu oil fields, while divesting its ownership in the Polvo field.
Hudson Resources Limited has accepted Sovereign Gold Company Limited's (ASX:SOC) (Sovereign Gold) offer for its Mount Adrah shares and options bringing Sovereign Gold's interest in Mount Adrah Gold Limited (Mount Adrah) to 95.9%.
Sovereign Gold Co Ltd (Sovereign Gold) (ASX:SOC) advises that Hudson Resources Limited (ASX:HRS) (Hudson) has acquired a 17.2% holding in Mount Adrah Gold Limited (Mount Adrah), a subsidiary of Sovereign Gold.
Issue 13 of Australia's leading investor focused publication The Pick - featuring an exclusive interview with Sirius Resources (ASX:SIR) Managing Director Mark Bennett, is available in today's Australian Financial Review.
New highs in so many markets are not the stuff of economic collapses but rather these are indicators that are confirming the continuing current global expansion that I consider will develop into a major long term economic boom. The past couple of months are bringing daylight into this very sunny outlook.
Ashburton Minerals Ltd (ASX:ATN) has commenced exploration at the Mt Andrew Project in the Fraser Range region of Western Australia. A helicopter-borne VTEMmax survey was completed in the northern part of the project over a section of the Fraser Complex, which is the geological unit that hosts the Nova-Bollinger nickel-copper deposit discovered by Sirius.
