Proactiveinvestors Australia

ARTICLES

• Tuesday, December 10, 2013
  Kogi Iron ups iron ore resource and confidence at Agbaja, Nigeria
  

  Shares in Kogi Iron could open higher with the company increasing Resources at its Agbaja Iron Ore Project in Nigeria by 20% to 586Mt at 41.3% iron. It has also made its maiden Indicated Resource estimate of 466Mt at 41.4% iron.

• Tuesday, December 10, 2013
  S&P 500 hits record, investors weigh up Fed chatter
  

  U.S. stocks nudged higher on Monday, sending the S&P 500 to a fresh record. Traders were distracted though by plenty of Fed talk, with members speeches supporting the possibility of a December taper. Gold edged higher, oil snapped six-day win streak. The ASX SPI 200 is down two points to 5141.

• Monday, December 09, 2013
  Are ASX resources company valuations set to rise?
  

  With release of strong U.S. economic data showing a reinvigorated economy and China holding off the dragons, could ASX resources company valuations be set to rise?  Keep in mind that over the next two decades over 250 million Chinese will move into cities – roughly the equivalent of two Japans according to United Nations forecasts.

• Monday, December 09, 2013
  Australia’s S&P ASX200 dragged lower after QBE profit downgrade
  

  The shock profit warning from QBE Insurance sent its shares crashing 22% down to $12, which dragged the S&P ASX200 down 0.8% to a eight week low of 5,144.4 points. The Shanghai Stock Exchange Composite Index slipped 0.07% to 2,235.64 points while in pre-open markets the Dow-mini is up 27 points to 16,040.

• Monday, December 09, 2013
  Manas Resources raises funds to progress Shambesai Gold Project
  

  Funds raised from the non-renounceable entitlement issue will be used for pre-development and development costs for the Shambesai Gold Project in the Kyrgyz Republic including detailed plant design, commencement of site works and project finance costs. Total LOM (C3) after capital and tax estimated to be US$676/ounce.

• Monday, December 09, 2013
  Fox Resources intersects coal with first hole at Bundaberg Project
  

  Shares in the company should trade higher today after the first hole at its Bundaberg Coking Coal Project intersected three separate coal seams totalling 2.4 metres that appear similar to the seams intersected by the International Coal/Hancock Prospecting joint venture in the adjacent permit.

• Monday, December 09, 2013
  KGL Resources hits more massive sulphides at Jervois, Northern Territory
  

  KGL has intersected a new zone of massive and semi-massive sulphide containing visible copper, lead and zinc mineralisation at Jervois. The latest hit is just 90 metres north along strike and 50 metres down dip from KJCD048 - which delivered a copper equivalent of 18 metres at 11.3% copper. Assays for KJCD048 show up to 35.10% lead.

• Friday, December 06, 2013
  Peninsula Energy's Lance uranium projects to catch change in sentiment wave
  

  Uranium demand looks set to rise as more countries - including China - flag expansion of their nuclear power generation which is timely as Peninsula's Lance projects look to move to production in the U.S. in late 2014. Key climate change scientists have also weighed in favour of using nuclear power to stall further climate change.

• Friday, December 06, 2013
  Triton Minerals raises $1.6M to advance Balama North Graphite Project
  

  With funds in place to progress its resource definition drilling, modelling and Scoping Study, Triton Minerals will be able to unlock the graphite prospectivity of the Balama North Project, including its potential to host multiple high grade large flake graphite deposits.

• Friday, December 06, 2013
  ASX S&P Dow Jones rebalance for December quarter 2013
  

  The rebalance of the ASX S&P Dow Jones Indices is in for the December quarter, which saw no changes to the blue chip groups as per usual. The biggest changes were in the 200 company indices. Changes will take effect from the close of trade on the 20th December 2013.

• Thursday, December 05, 2013
  Syrah Resources: high-grade graphite from infill drilling, Balama East
  

  Syrah's infill drilling results today have confirmed further very wide zones of high grade graphite and vanadium mineralisation at Balama East, starting near surface. More results are pending, along with assays from Mualia, which will be followed by a resource upgrade.

• Thursday, December 05, 2013
  Greenland Minerals and Energy completes Kvanefjeld process engineering
  

  Metallurgical flowsheets for both the mineral concentrator and the refinery for the company’s Kvanefjeld multi-element project in Greenland have been finalised and it is now focused on reducing the risk of the refinery flowsheet with continuous pilot plant testwork.