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.
The Directors of Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) are pleased to announce the completion of work on a coal quality study on the Company's Vista Coal Project (the "Project") located in Alberta, Canada. The program has successfully confirmed the export quality of the coal and importantly the test results have verified the reliability of the initial historical quality data which has been previously published by Coalspur. The Vista Coal Project contains 906 million tonnes JORC/43-101 resource of low sulphur, high volatile bituminous thermal coal of which 90% is in the measured and indicated categories.
The Australian stock market opened lower on Monday, following mixed leads from overseas markets. In early trade, the S&P/ASX200 index was down 0.41 per cent, at 4547.4 points, while All Ordinaries had fallen 19 points, or 0.41 per cent, to 4567.3 points.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce its quarterly report ended June 2010.
Pike River Coal Limited (NZE:PRC) (PINK:PKRRF) is pleased to release quarterly report ended 30 June 2010.
Carpentaria Exploration Limited (ASX:CAP) is pleased to release quarterly report for the three months ended 30th June 2010.
The Australian stocks market opened higher for a fourth straight day led by financial sector. The benchmark ASX 200 share index was up 0.36 per cent while the broader All Ordinaries increased 0.26 per cent in early trade.
