Proactiveinvestors Australia

ARTICLES

• Tuesday, May 21, 2013
  Australia’s All Ords falls 0.6% while miners make gains
  

  Recent profit warnings, jitters about high-yield stocks and concerns about the Australian Dollar have led the All Ordinaries to close down 29.2 points, or 0.6%, to 5,156.2. The Shanghai Stock Exchange Composite Index slipped 0.06% to 2,298.62 points while the Dow Mini was up 6 points to 15,335.28. Spot gold hit a high of US$1,402.6 in Asian trading and is currently at US$1391.7.

• 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.

• Thursday, May 16, 2013
  Black Mountain Resources accesses high grade silver zone at New Departure Project
  

  Having made inroads to access the eastern area of the high grade silver Bonanza Zone at the New Departure project in Montana, Black Mountain is on the cusp of first cash generative silver production.  

• Wednesday, May 15, 2013
  Empire Oil and Gas highlights Perth Basin unconventional oil and gas potential
  

  An Independent Report by RPS Energy Services has defined the strong in-place potential for multiple billion barrels of oil and trillion cubic feet of gas to be contained within the various unconventional reservoirs in Empire Oil and Gas’ onshore Perth Basin Permits.

• Wednesday, May 15, 2013
  Cougar Energy starts JORC drilling at Mackenzie coal project
  

  Cougar Energy has started the Phase 1 drilling program at its Mackenzie PCI grade coal tenement that will unlock the value of the asset by helping define a maiden JORC Resource.