The prise is vast finding a vaccine for herpes,, based on Prof Ian Frazer's work and success to date, this is within reach. Securing ethical approval to start the Phase 1 clinical trial for its Herpes Simplex Virus (HSV-2) vaccine will allow Allied Healthcare to confirm the ability of its treatment to prevent and cure the infection.
Profitable Australian Stock Exchange listed thermal coal producer, under the radar has four operating coal mines located along the Yangtze River looks ahead to a secondary listing on the Stock Exchange of Singapore. Proactive Investors goes one-on-one with Chairman of Blackgold International, James Tong.
U.S. closed near their session highs as investors are optimistic that the Federal Reserve chairman Ben Bernanke would ease concerns over the central bank's monetary stimulus program tomorrow. In the pre-open markets, the Dow-mini is 123 points higher at 15,244, while the ASX SPI 200 is up 35 points to 4855.
Australian equities staged an afternoon comeback with the All Ordinaries closing just 10 points down at 4795, after hitting an intra-day low of 4750 before the bargain-hunters entered the market and snapped up the banks - with the Tier 2 sector outperforming. In the pre-open market the Dow-mini is up 16 points to 15,137.
With no appeal lodged against Federal environmental approval for the Wiluna Uranium Mine, Toro Energy is now free to focus on completing all technical and commercial studies required to support an investment decision for the project while continuing to seek a strategic partner support for the development capital needed.
Encouraging coal quality data from first phase drilling at Ascot Resources’ Titiribi Coal project has led RFC Ambrian to place a Speculative Buy recommendation on the company with expectations that the coal would be in demand in Brazil and Peru.
With the Pre-Feasibility Study for the Kitumba base metals project on track for end July 2013 and continued high grade copper intersections from infill drilling with assays due in August 2013, Blackthorn Resources is making good progress on the project.
Having secured A$10M in investment facility from Baycrest Capital, Cleveland Mining has bolstered its balance sheet that gives it the financing flexibility to progress its Brazilian gold and iron ore portfolio.
Signing the Port Services Agreement with the Bunbury Port Authority places MZI Resources another step closer towards bringing its Keysbrook mineral sands project into production. The company is now working towards finalising finance arrangements.
Statoil’s move to take up operatorship and a larger stake of the Southern Georgina Basin tenements demonstrates its belief in the prospectivity of the play sends a strong message. Baraka Energy & Resources also believes that it will be amendable to a concurrent conventional oil and gas campaign being carried out.
Hastings Rare Metals wholly-owns the largest heavy rare earth project in Australia, with the company's technical director Steve Mackowski teaming up to write a technical paper titled, “Hastings Project Process Development – Past and Present” with the REO research team from the Australian Nuclear Science and Technology Organisation. The report can be accessed here.
Latest drilling results from Acacia East demonstrate elements required to define world class IOCG deposit at Apollo Minerals’ Titan Base-Precious Metals Project, taking it a step closer towards delineating a significant resource.