Proactiveinvestors Australia

ARTICLES

• Tuesday, June 18, 2013
  All Ords bounces off lows on bank bargain-hunting
  

  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.

• Tuesday, June 18, 2013
  Toro Energy clears environmental appeal period for Wiluna Uranium Mine
  

  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.

• Monday, June 17, 2013
  Ascot Resources receives Speculative Buy from UK broker RFC Ambrian
  

  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.

• Monday, June 17, 2013
  Blackthorn Resources on track for Kitumba Pre-Feasibility Study
  

  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.

• Monday, June 17, 2013
  Cleveland Mining gains $10M facility from Baycrest Capital
  

  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.

• Monday, June 17, 2013
  MZI Resources gains Bunbury port access for Keysbrook mineral sands project
  

  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.

• Friday, June 14, 2013
  Baraka Energy & Resources: Statoil steps up as operator in Georgina Basin
  

  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.

• Friday, June 14, 2013
  Hastings Rare Metals and ANSTO find further technical success
  

  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.

• Thursday, June 13, 2013
  Apollo Minerals intercepts more IOCG mineralisation at Titan Project
  

  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.

• Thursday, June 13, 2013
  Aphrodite Gold plans new gold processing hub in Kalgoorlie region
  

  With excess capacity and a pressure oxidation circuit, Aphrodite Gold’s planned oxide and refractory gold plant will be capable of processing third party ore in addition to ore from the company’s self-named gold project in the Kalgoorlie region.

• Thursday, June 13, 2013
  Phoenix Gold to transition Blue Funnel into a cash generating mine
  

  Phoenix Gold is set to receive net cash flows of over A$3 million in the near term, as the non-core Blue Funnel gold asset is monetised using toll milling at FMR’s Greenfield's Mill - with ore processing scheduled for August. The company now has two cash-flow generating assets, while having over $20 million in cash at the end of March 2013.

• Thursday, June 13, 2013
  Noosa Mining and Exploration Conference ups ante with 38 companies
  

  Noosa will play host to the third annual Noosa Mining and Exploration Conference in July, bringing together 38 Australian Stock Exchange listed resources companies and a swag of investors. Among the key note speakers, is well known mining identity Owen Hegarty - adding colour from the dais. The conference is on Thursday 18th and Friday 19th July.