Australian Market Report of February 22, 2011: Stonehenge Metals (ASX:SHE) Announce 87% Increase In Uranium Resource In South Korea
Australian Market Report of February 22, 2011 includes: Stonehenge Metals Limited (ASX:SHE) announced that total contained uranium at Daejon Uranium Project in South Korea has increased by 87% to 65 million pounds of U3O8; News Corporation (ASX:NWS) (NASDAQ:NWS) signed letter of intent to acquire 100% of Shine Group; African Energy Resources Limited (ASX:AFR) identifies thick, shallow coal seam in Botswana; Incremental Oil And Gas Limited (ASX:IOG) reported excellent oil discovery in Smoot #1 well.