Proactiveinvestors Australia

ARTICLES

• Friday, March 07, 2014
  Australian equities firm as miners and retailers lead charge
  

  The Australian equity market firmed today with the retailers and miners leading the way. Investors will now await the pending U.S. payrolls data, while also keeping a close eye on developments in Ukraine. Gold is sitting at a four-month high. Asian markets are firmer.

• Friday, March 07, 2014
  Syrah Resources signs graphite offtake MoU with Chinalco
  

  Syrah Resources' shares have risen 11.38% today after reaching a Memorandum of Understanding with Chalieco, a member of the Chinalco Group, for the offtake 80,000 tonnes to 100,000 tonnes of graphite, nearly half the forecast first year production of 220,000 tonnes from its Balama Graphite Project in Mozambique. The company expects further offtake developments in the coming months.

• Friday, March 07, 2014
  Uranium stocks worth a closer look
  

  With China approving six nuclear power facilities and the Japanese government pushing to restart 10 of its nuclear reactors, there is potential for the valuations of ASX-listed uranium stocks to grow - significantly in 2014/15.

• Friday, March 07, 2014
  Liquefied Natural Gas lands export approval for full MLNG capacity
  

  With its Magnolia LNG project in Louisiana now authorised by the U.S. Department of Energy to export its full 8 million tonne per annum LNG production to Free Trade Agreement countries, Liquefied Natural Gas is now focused on securing binding long-term tolling agreements and submitting its application to the Federal Energy Regulatory Commission for full filing status.

• Friday, March 07, 2014
  MRL Corporation targets graphite production in Sri Lanka by 2015
  

  MRL Corporation has established “first mover” status in southern Sri Lanka with four highly prospective vein graphite development projects. The company is establishing a major tenement position within the country which is globally renowned for its unique vein style graphitic mineralisation. Production potential in 2015.

• Thursday, March 06, 2014
  Regeneus: Study highlights efficacy and safety of Kvax cancer vaccine
  

  A study in a peer review journal showing that using Regeneus’ licensed Kvax cancer vaccine had led to remission rates of 30%-60% in rats with the highly aggressive 9L glioma brain tumour is “significant and unique”. The company is focus on setting up a vaccine manufacturing site in the U.S.

• Thursday, March 06, 2014
  Liquefied Natural Gas signs tolling agreement with AES Group for Magnolia
  

  Shares in Liquefied Natural Gas Limited should trade higher today after it executed a Tolling Agreement Term Sheet with AES Latin American Development that supports the economics of proceeding with the fourth processing train at its Magnolia Liquefied Natural Gas project in Louisiana.

• Thursday, March 06, 2014
  Argonaut Resources raises $1.5M to advance Lumwana West
  

  With $1.5 million raised through a oversubscribed placement and up to a further $1.5 million to be sought through a rights issue, Argonaut Resources is well placed to progress drilling at its Lumwana West copper project in Zambia that will start during the dry season in May 2014.

• Thursday, March 06, 2014
  Condor Blanco Mines moves ahead with €10 million coal, iron ore funding
  

  The €10 million funding facility will progress mining of Condor Blanco's Marianas magnetite tailings Project in Chile as well as the proposed acquisition of South African hard coking coal projects.

• Wednesday, March 05, 2014
  King River Copper readies for new drilling at Speewah Dome
  

  Two exploration models that could explain variability in exploration results at Speewah Dome in Western Australia will be used to direct the next round of drilling due to commence in May. Exploration had yielded high grade copper, gold and silver surface results. First phase of drilling will be 11 holes at the Chapman, Catto West, Eiffler North, Todhunter Main and Todhunter South prospects.

• Tuesday, March 04, 2014
  Peninsula Energy: UK broker upgrades to BUY, SP Target A$0.09
  

  The UK broker has upgraded its rating on Peninsula to a BUY, with a target price of A$0.09 (A$0.07 fully diluted). It noted catalysts for share price movement included: finalise debt funding — 1H14 and production — 2014/15.

• Tuesday, March 04, 2014
  Kogi Iron defines maiden iron ore reserve of 205Mt at Agbaja, Nigeria
  

  The estimate of an Ore Reserve of 205Mt at 45.7% iron at Kogi Iron’s Agbaja Iron Ore Project in Nigeria comes just weeks after it delivered a Pre-Feasibility Study. This Reserve supports a 5Mtpa project for a minimum 21 years and significantly lifts the confidence level in the project and further de-risks a development path.