Proactiveinvestors Australia

ARTICLES

• Wednesday, April 16, 2014
  ASX200 rises 0.6%, relief on China growth
  

  Investors were relieved that China managed a 7.4% economic growth rate for the first quarter, beating dire forecasts and sent Australian stocks and the ASX200 up 0.6% to 5,420.3 points. The Shanghai Stock Exchange Composite Index is almost unchanged with a slight 0.02% dip to 2,101.19 points while in pre-open markets the Dow-mini is up 65 points to 16,270.

• Wednesday, April 16, 2014
  MacPhersons Resources assays show Nimbus silver-zinc at greater depth
  

  The silver assays from Nimbus-Boorara Project in Western Australia provide an exciting new vista for MacPhersons as it indicates that host rocks and mineralisation occurs up to 600 metres below historical producing mines and offer long term underground mining opportunities.

   

• Wednesday, April 16, 2014
  White Cliff Minerals fieldwork generates new nickel-copper targets at Merolia
  

  The fieldwork is designed to generate drillable targets at Merolia nickel-copper project in Western Australia. The prospective parts of the project extend over 80 kilometres and are along strike from Independence Group's (ASX: IGO) Rosie and Rox Resources'(ASX: RXL) Camelwood nickel sulphide discoveries to the north.

• Wednesday, April 16, 2014
  African Energy Resources signs power supply MOU with Zambian electricity authority, ZESCO
  

  Today's MoU with Zambian electricity authority, ZESCO continues the brace of news and momentum building from Sese and the case for medium term re-rating of AFR. The announcements indicate the role that AFR is likely to play in fuelling power hungry African continents.

• Wednesday, April 16, 2014
  Real Energy is undervalued; last junior with large Cooper Basin holdings
  

  Real Energy is the only junior oil and gas explorer left with a large landholding in Australia’s prolific producing Cooper Basin (8,314km2) that is 100% owned that is prime oil and gas exploration ground. As the last junior left with 100% ownership of its landholdings, we expect Real Energy will have takeover appeal at some stage. Real Energy also has cash reserves of $14.1m.

• Tuesday, April 15, 2014
  Mindax Limited fire assays up to 3,820ppb gold at Meekatharra North
  

  Fire assays of drilling carried out at Mindax Limited’s Meekatharra North Gold Project in Western Australia have returned results of up to 1 metre at 3,820ppb gold. The company will now complete the full geological interpretation and consider future work programs with its joint venture partners who funded the current work.

• Tuesday, April 15, 2014
  Apollo Minerals and Robert Friedland's HPX to step-up exploration
  

  Shareholders have given the thumbs up to Apollo Minerals’ strategic alliance with High Power Exploration targeting Iron Oxide Copper Gold in the Gawler Craton, South Australia. This will see the private explorer make a $1 million investment in Apollo and provide up to $3.4 million in funding to earn an 80% interest in the newly formed Commonwealth Hill Joint Venture.

• Tuesday, April 15, 2014
  Cellmid signs agreement with Biotecnol; into immuno-oncology sector
  

  The collaborative agreement with Biotecnol takes Cellmid into the growing immuno-oncology sector, which is expected to reach US$29 billion in annual sales by 2025. With these novel drugs the subject of significant deals worth US$5 billion in acquisition and license fees of mostly pre-clinical stage compounds since 2009, provides a new area of growth for Cellmid.

• Tuesday, April 15, 2014
  Eclipse Metals starts exploration at Queensland manganese and iron projects
  

  Preliminary exploration has started at Eclipse Metals projects in Queensland with exploration to determine potential resources and grade of manganese mineralisation at the Mary Valley Manganese Project and the collection of samples to determine if the iron at the Moonford Project can be upgraded to a saleable product.

• Tuesday, April 15, 2014
  South Boulder Mines director resigns, foreshadows shift in strategy at Colluli
  

  The original development path for the Colluli project focussed on processing sylvinite only, but work completed by South Boulder Mines in February this year demonstrated a material reduction in mine operating costs by processing all potassium bearing salts.

• Tuesday, April 15, 2014
  Triton Minerals tests recover up to 97% graphite at Balama North
  

  Preliminary partial results from metallurgical testwork carried out on samples from the Cobra Plains deposit of Triton Mineral’s Balama North Graphite Project in Mozambique have returned total carbon recovery of 96%. The graphite was found to be readily liberated, producing a concentrate with weighted average total graphitic carbon of 94.5%.

• Tuesday, April 15, 2014
  African Energy Resources' Botswana coal to benefit from heavy haul rail projects
  

  Transnet Freight Rail recently announced that a 105km heavy‐haul coal rail link between Botswana and South Africa will commence construction next year as part of a R300 billion infrastructure investment programme initiated by TFR, which stands to benefit African Energy Resources's coal projects.