Coal

Asian Activities Report for September 20, 2011: Naracoota Resources (ASX:NRR) Report High Grade Gold Results at the Horseshoe Range project

🕔9/20/2011 12:00:05 PM

Asian Activities Report for September 20, 2011 includes: Naracoota Resources Limited (ASX:NRR) reported exciting high grade gold results from the Horseshoe Range project in Western Australia; Phillips River Mining NL (ASX:PRH) has signed a lead/zinc concentrate off-take agreement for the Phillips River Project located in Western Australia; Alligator Energy (ASX:AGE) announced further progress at the Tin Camp Creek drilling program; Sheffield Resources Limited (ASX:SFX) today announced results from a 30 hole drilling program at its McCalls heavy mineral sand exploration project in Western Australia; GVK Power and Infrastructure Limited (BOM:532708) has received board approval for the acquisition of coal projects in Queensland.

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Asian Activities Report for September 19, 2011: Alkane Resources (ASX:ALK) Announce Robust Definitive Feasibility Study Results for Dubbo Zirconia Project

🕔9/19/2011 12:07:53 PM

Asian Activities Report for September 19, 2011 includes: Alkane Resources Limited (ASX:ALK) has completed the Definitive Feasibility Study for its Dubbo Zirconia Project in New South Wales; New Guinea Energy Limited (ASX:NGE) reported today that the Siphon-1 wet gas well in Papua New Guinea had reached a depth of 3863.7 metres; Lemur Resources Limited (ASX:LMR) has signed a Memorandum of Understanding with Jiro sy Rano Malagasy; ActivEX Limited (ASX:AIV) announced further significant gold/silver intersections at the Barambah project; Time Technoplast Limited (BOM:532856) will commence its industrial packing project in Malaysia at the end of Q1, 2012.

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Aspire Mining Limited (ASX:AKM) Ovoot Coking Coal Project Exploration Update

🕔9/19/2011 8:39:00 AM

Aspire Mining Limited (ASX:AKM) is pleased to announce it has identified a new coal seam formation, located around four kilometers from the resource area at the Company's Ovoot Coking Coal Project in Northern Mongolia.

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Asian Activities Report for September 16, 2011: Carbon Energy (ASX:CNX) Achieved an Innovation in Underground Coal Gasification Process

🕔9/16/2011 12:00:41 PM

Asian Activities Report for September 16, 2011 includes: Carbon Energy Limited (ASX:CNX) has successfully achieved an Underground Coal Gasification process innovation at the Company's project site in Queensland; Ivanhoe Australia Limited (ASX:IVA) has launched an equity issuance to raise up to A$150 million net proceeds to boost project development; Iron Ore Holdings Limited (ASX:IOH) announced a maiden JORC Mineral Resource at the Dragon Project of 21.5Mt at 55.4% Fe; Interra Resources Limited (ASX:ITR) has completed infill development well YNG 3240 at the Yenangyaung oil field in Myanmar; Tata Consultancy Services Limited (BOM:532540) has signed a multi-year contract with Nets, one of the largest payment cards, payment solutions and payment exchange information companies in Northern Europe.

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Asian Activities Report for September 15, 2011: Largest Iron Ore Producer in India to Become Cornerstone Investor in Legacy Iron Ore Limited (ASX:LCY)

🕔9/15/2011 12:04:21 PM

Asian Activities Report for September 15, 2011 includes: Legacy Iron Ore Limited (ASX:LCY) has received a formal binding offer from the Indian government owned National Mineral Development Corporation Limited ("NMDC") for NMDC to become a cornerstone investor in Legacy via a placement agreement; Orpheus Energy Limited (ASX:OEG) has received a preliminary pit design for its B26 coking and thermal coal project in Indonesia; Argentina Mining Limited (ASX:AVK) has identified a potential sulphide mineralised system at its flagship Cerro Blanco Porphyry Copper Project in Argentina; Red Mountain Mining (ASX:RMX) has intersected significant gold mineralisation during its initial underground drilling program at the Zhongqu project in Gansu Province, China; Reliance Capital Limited (BOM:500111) has received a regulatory approval for its proposed 26% stake sale in Reliance Life Insurance to Nippon Life Insurance.

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Bandanna Energy Limited (ASX:BND) Update on Results of Retail Component of Entitlement Offer

🕔9/15/2011 9:52:00 AM

On 17 August 2011 Bandanna Energy Limited ("Bandanna") (ASX:BND) announced its 5 for 16 accelerated non-renounceable entitlement offer ("Entitlement Offer") to raise up to approximately A$133 million. The institutional component of the offer underwritten by UBS, attracted strong demand from Bandanna's existing institutional shareholders and new institutional shareholders and was oversubscribed, raising gross proceeds of approximately A$100 million.

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Carpentaria Exploration Limited (ASX:CAP) Gains A$4M From FTB Sale

🕔9/15/2011 9:01:00 AM

Boosting liquid funds for exploration and development of the Hawsons Project, Carpentaria Exploration Limited (ASX:CAP) today announced the sale of its minority 20 per cent stake in FTB (Qld) Pty Ltd to majority owner Guildford Coal Limited. FTB owns part of the Hughenden Coal Project in Queensland's Galilee Basin. Total consideration comprises A$1.5 million cash, A$2.5 million equivalent of fully paid ordinary Guildford (ASX:GUF) shares and retention of a A$0.50 per tonne royalty on coal production from the tenements, capped at 10 million tonnes per year for 20 years with a potential value of up to A$100 million.

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