Dynasty Metals Australia Limited (ASX:DMA) is pleased to advise that further to its announcement dated 16th July 2010, it has now entered into a Memorandum of Understanding with Geo-Exploration & Mineral Development Bureau of Ning Xia.
Australian Market Report of September 07, 2010 includes; South American Iron and Steel (ASX:SAY) has now commenced Stage 1 Drilling at Quince, with two drilling rigs. Automotive Technology Group (ASX:ATJ), has focused efforts to develop relationships leading to sales in China, RUM Jungle Uranium Limited (ASX:RUM) announced significant copper and gold mineralisation at Tommy's Gap Prospect and Axiom Mining Limited (ASX:AVQ) has intercepted higher average gold grades and widths.
Australian Market Report of September 6, 2010 includes; Lynas Corporation (ASX:LYC) significant increase in the Mineral Resource estimate for the deposit with elevated heavy Rare Earths oxides, Pike River Coal (NZE:PRC) second export shipment scheduled to depart Port of Lyttelton for India, Southern Uranium (ASX:SNU) has located new high-grade iron outcrops that further advance the iron ore prospects of the company and Jatoil Limited (ASX:JAT) entered into a Heads of Agreement to acquire significant coal assets in Kalimantan, Indonesia.
Australian Market Report of September 3, 2010 includes; Dart Energy Limited (ASX:DTE) advanced plans to create a global coal bed methane company, Northern Uranium Limited (ASX:NTU) (PINK:NOURF) renounceable rights to raise approximately A$6.6 million, Further exploration drilling and geophysical surveys at Magma Metals Limited (ASX:MMW) (TSE:MMW) Thunder Bay North project and Castle Minerals Limited (ASX:CDT) infill soil geochemical sampling testing the Koda Hill target.
The Australian market delivered a strong opening on Monday as investors were inspired by the US Federal Reserve Chairman Ben Bernanke's comments. Wall Street rallied on Friday after Mr. Bernanke said the central bank will do whatever it takes in to support an economic recovery. This morning the local market saw a 1.6 per cent rise in S&P/ASX200 index, and the All Ordinaries gained 1.5 per cent.
Toro Energy Limited (ASX:TOE) (PINK:TOEYF) has completed the extraction of a bulk mineralised sample from a Resource Test Pit at its 100% owned Wiluna Uranium Project.
Dynasty Metals Australia Limited (ASX:DMA) are pleased to announce that the two key agreements which formalise the relationship between the Company the Chinese steel producer Hebei XingHua Iron and Steel Co. Ltd ("XingHua") have been executed by both parties. The Dynasty Board will shortly issue a notice of meeting to seek shareholder approval and the parties will finalise all regulatory and Government approvals.
