Despite the Reserve Bank of Australia cutting the cash rate to a new record low of 2%, the All Ords slipped 1 point to 5,826.5. Find out which graphite player is closing in on a Mining Licence for its project.
New institutional investors have subscribed for 13 million shares to raise A$8.45 million. Proceeds will further advance Alexium’s technology into the FR building materials market.
This drilling program and results from Oyut Ulaan will assist Xanadu in its search for the "engine room" to this large well mineralised porphyry district in the South Gobi.
The receipt of the Environmental Impact Assessment Certificate, the first to be issued in Tanzania since the 1990s, is a major milestone for Kibaran Resources. It is now preparing to submit its Mining Licence application, which is expected to be awarded by the end of June this year.
Wall Street extended gains overnight amid optimism over corporate earnings with Berkshire leading financial stocks. Gold rallied and oil eased. The ASX SPI 200 is up 30 points to 5836.
What is causing some of the excitement is that results to date place Cinovec as one of the largest hard-rock lithium deposits in the world. A technology that "disrupts" traditional production of lithium is rich in promise.
Reverse circulation drilling at the Windsor Prospect will test King River Copper’s new approach of targeting shallow IP prospects. Chairman Tony Barton has aligned himself to the company’s success, having more than doubled his shareholding in the company since the beginning of this year.
The company has raised $200,000 through a fully subscribed placement and is offering shareholders up to $750,000 worth of shares priced at $0.03 each. Strategic Elements is working to secure projects in Western Australia under its frontier exploration collaboration with respected geologist Dr Franco Pirajno that could have an intriguing path.
Contract terms and conditions for the Magnolia LNG engineering, procurement, construction and commissioning contract have been agreed with KBR and SKEC joint venture. Liquefied Natural Gas Limited has also selected Clough to provide owner’s engineer services.
Trenching has returned up to 3 metres at 24.2 grams per tonne gold, extending the main South West Breccia lode by up to 50 metres. This has the potential to add to the early mining zone at the Batangas Project.
Opportunities have been identified to further improved project economics for Vital Metals Watershed Tungsten Project. The company has also secured a new tungsten permit in Germany.
The Etango Heap Leach Demonstration Plant will showcase and de-risk the Etango Uranium Project, one of the largest undeveloped uranium deposits globally. Register today for Proactive's Melbourne, Sydney Investor Luncheons in May to hear more.