The Australian stock market opened lower on Tuesday, despite gains in Wall Street overnight. In early trade, the S&P/ASX200 index was down 0.17 per cent, at 4587.3 points, while the All Ordinaries index had fallen 0.14 per cent, to 4609.3 points. Materials fell 0.5 per cent, industrials index was down by 0.1 per cent and most banking stocks were lower.
Uranium explorer and developer Northern Uranium Limited (ASX:NTU) announced today that the company will receive an A$15.7 million investment from Jiangsu Eastern China Non-Ferrous Metals Investment Holding Company Limited, an affiliate of East China Exploration and Development Bureau ("ECE").
The Australian stock market swung higher this morning after Wall Street hit a ten-week high after better-than-expected manufacturing data and strong European bank earnings. Almost all sectors have performed strong, leading by Materials, Information Technology and Energy.
Dynasty Metals Australia Limited (ASX:DMA) is pleased to provide a Quarterly Report for the period ending 30 June 2010.
The Australian sharemarket has opened lower on Friday, led by financials, energy and material sector. Overnight US market ended the choppy session with a loss, as investors seesawed between the disappointing revenue from utilities and consumer companies and a batch of strong earnings reports.
Northern Uranium Limited (ASX:NTU) (PINK:NOURF) is pleased to report early success of reconnaissance geological mapping and rock chip sampling at the Company's 100%-owned Browns Range project (E80/3547 & 3548) located 150km southeast of Halls Creek.
By June 2010 Manhattan Corporation Limited (ASX:MHC) has completed 19,700 metres of a 40,000 metre, A$3 million, program of aircore drilling at Ponton in WA. Systematic drilling of the Stallion discovery on 400m and 200m spaced lines at 100m centres over 8km of strike is complete. Drilling is now underway at Highway and Highway North to be followed by testing the Shelf and East Arm targets to the north of the Queen Victoria Spring Nature Reserve in 2010.
