Bandanna Energy Limited (ASX:BND) release an independent evaluation of the resources for the South Galilee Project (SGP) Joint Venture following completion of Prefeasibility drilling during the 2010 field season.
Pan Asia Corporation Limited (ASX:PZC) announced that the second phase of drilling undertaken at the Company's flagship predevelopment TCM Coal Project in South Kalimantan, Indonesia has substantially increased the Project's JORC Resource to 53.2 million tonnes comprising 22.4 million tonnes of Indicated coal resources and 30.8 million tonnes of Inferred Coal Resources.
Australian Market Report of February 7, 2011 includes: Automotive Technology Group Limited (ASX:ATJ) announced that the company's Sprintex (R) Supercharger is the world's most efficient automotive supercharger system; Coal study highlights export grade thermal coal potential from Aviva Corporation Limited (ASX:AVA) Mmamantswe project in Botswana; EnviroGold Limited (ASX:EVG) has significantly strengthened its management in Latin America; Phosphagenics Limited (ASX:POH) announced collaboration to develop psoriasis drug in USA.
Australian Market Report of February 3, 2011 includes: Crusader Resources Limited (ASX:CAS) continue to extend the known mineralisation at the Borborema gold project in Brazil; WPG Resources Limited (ASX:WPG) is to establish a joint venture with Evergreen Energy Inc. (NYSE:EEE) to develop and commercialise K-Fuel technology throughout Australia; Xanadu Mines Limited (ASX:XAM) and Noble Group (SIN:N21) form a strategic alliance in Mongolia; Octanex N.L. (ASX:OXX) is to commence drilling operations offshore Western Australia.
Australian Market Report of February 1, 2011 includes: Exoma Energy (ASX:EXE) signed farm-in agreement with CNOOC (HKG:0883); Moly Mines Limited (ASX:MOL) (TSE:MOL) has received loan commitment from China Development Bank for up to US$250 million; Asciano Group (ASX:AIO) secures another 3.5 million tonnes contract with Anglo American; Kidman Resources Limited (ASX:KDR) reported encouraging near-surface copper results in New South Wales.
Following the successful completion of its A$76 million capital raising in December 2010, Bandanna Energy Limited (ASX:BND) has progressed the strategic review of its operations announced to the ASX on 15/12/2010.
Pan Asia Corporation Ltd (ASX:PZC) announce its reinstatement to the Australian Securities Exchange, with the successful re-listing of the Company following the acquisition of a mix of Indonesian coal assets.
