Panda Hill is one of the most viable undeveloped niobium project world-wide. Currently there are only three niobium mines in the globally, with production generating in excess of $1B in operating profits per annum.
The rights issue further ensures the company is funded to complete the Definitive Feasibility Study for its Colluli potash project. South Boulder Mines will now place the shortfall with its underwriters to raise an additional $1,515,957.
Prima BioMed has been the talk of the town with its share price gains and funding for the IMP321 treatment for cancer. Register today for Proactive's Sydney, Melbourne Investor Luncheons in June to hear more.
Financial markets were quiet overnight with the U.S. and much of Europe on holidays. Gold, iron ore and oil gained.
The ASX SPI 200 is off four points to 5722.
The Australian market has climbed with most sectors posting gains, sending the ASX200 up 1% to 5,721.5 points. Find out which manganese player has received a study highlighting the robust financial project economics of its planned smelter project.
The key Feasibility Study for Kvanefjeld rare earth-uranium project renders it as one of the world’s lowest cost rare earth producers and places it in the bottom quartile of uranium production costs.
The latest assays continue the brace of strong drill results from the Isabel Project. The project is shaping as one of the largest nickel laterite deposits in the Pacific, with the company targeting the establishment of a DSO operation by late 2015.
The 100% ownership of a key component of the SomnoDent® device for obstructive sleep apnea, provides the company with a proprietary material for its dental device, which is key in oral devices. Next generation materials could also be in use by early 2016.
A financial analysis of the planned manganese smelter has demonstrated the robust project economics including an estimated EBITDA of US$623.8 million, NPV of US$201.4 million, IRR of 45.6% and a two-year payback period. Start-up capital is expected to be US$67.5 million over four years.
MZI is on schedule for commissioning and first mineral sands production in Q4 2015, and on-track for first sales in early 2016 as the share price tracks development milestones higher. Keysbrook is a high operating profit margin project based on high grade mineral assemblage.
The new drill results are supported by historical drilling results which rank Gabanintha as one of the highest grade vanadium deposits currently being advanced globally. Yellow Rock shares are poised to open significantly higher this morning.
Excitement is building for Regeneus with the company to soon start first-in-human trials of RGSH4K, which uses the patient’s own tumour to create a personalised cancer vaccine. In canine trials, the majority of treated dogs outlived the average expected survival time for their particular type of cancer.