Proactiveinvestors Australia

ARTICLES

• Wednesday, May 22, 2013
  Australia’s S&P ASX200 falls 0.3% on weak consumer confidence
  

  Despite a strong performance by miners, Australian banks and retailers were dragged down by a fall in consumer confidence with the benchmark S&P ASX200 down 14.7 points, or 0.3%, to 5,165.4. The Shanghai Stock Exchange Composite Index was up 0.22% to 2,305.11 points while the Dow Mini is up 7 points to 15,387.58.

• Wednesday, May 22, 2013
  ASF Group forms strategic partnership with China Real Estate Association
  

  The formation of a strategic partnership agreement with China Real Estate Association has the potential to improve ASG Group’s position in the property sector while increasing its exposure in China.

• Wednesday, May 22, 2013
  Peak Resources produces refined rare earth products from Ngualla mineralisation
  

  Peak Resources is on track to become the next major rare earth supplier from the Ngualla project in Tanzania. The company has produced two refined rare earth products at ANSTO Minerals - which importantly are in saleable form and available for evaluation by target customers.

• Wednesday, May 22, 2013
  Silver Lake Resources intercepts high grade copper and gold at Hollandaire
  

  The current resource at Hollandaire could add a copper, gold and silver concentrate revenue stream to the Murchison gold project, thereby reducing all-in-sustaining cash costs at the gold operation.

• Tuesday, May 21, 2013
  TZ Limited signs Fastway Couriers to A.D.A.M. Parcel Locker System
  

  Since Mark Bouris and Ken Ting turned TZ Limited around in 2009, to today's teaming agreement with Fastway Couriers for TZ's parcel distribution and logistics network, has not been without a hard slog. With previous partnerships, it could now give TZ a 60% share of parcel deliveries in Australia for its agnostic A.D.A.M. locker system.

• Tuesday, May 21, 2013
  Kaboko Mining completes key scoping study at Zambian manganese project
  

  The completed Scoping Study for the Mansa manganese project has demonstrated positive project economics as the project moves closer to production in a matter of weeks. Budgeted costs of delivering a CIF product are between $190 and $210 per tonne, in line with its expectations.

• Tuesday, May 21, 2013
  Mutiny Gold uses SAM Survey to double strike length of Deflector gold project
  

  The use of Sub-Audio Magnetics, or SAM technology survey has already more than doubled strike length of the mineralised host structure at Deflector, where data indicates a strike length of some 2,350 metres, previously 950 metres in length.

• Monday, May 20, 2013
  IPB Petroleum extends Browse Basin acreage
  

  The award of WA-485-P locks in a potential extension of the M.australis horizon oil play that IPB Petroleum plans to test in mid-July. Success will add to the prospectivity and value of the new permit.

• Monday, May 20, 2013
  Mindax targets increase in iron base at Mt Forrest project
  

  The start of the second phase drilling at Mt Forrest iron project puts Mindax on the path to potentially expand both the iron base as well as life of the mine. Importantly, it also has promise for the proposed partnership with Hong Kong-based Perpetual Mining, that could see the company invest $52 million.

• Friday, May 17, 2013
  Ikwezi Mining upgrades Ntendeka Colliery resources by over 33%
  

  A JORC compliant resource upgrade to 294 million tonnes at the Ntendeka Colliery in South Africa will potentially add to Ikwezi Mining's value upside as it is on the threshold of becoming a coal producer in the September quarter of this year. 

• Friday, May 17, 2013
  Range Resources targets Trinidad oil production growth
  

  With the completion of well in one of the thickest Lower Forest pay sections encountered to date, drilling of new wells and workovers of existing wells, Range Resources is making strides in ramping up oil production from its Trinidad operations.

• Friday, May 17, 2013
  Highfield Resources banks $5.1M from EMR Capital for potash projects
  

  The $5.1 million received is part of a planned $10 million investment by Owen Hegarty's EMR Capital in Highfield Resources to develop its advanced potash projects in Spain.