Proactiveinvestors Australia

ARTICLES

• Tuesday, December 10, 2013
  Syrah Resources pens Measured graphite resource at Balama West
  

  With consultants MSA Group saying that Balama graphite can be marketed, Syrah Resources has upgraded 90% of the Indicated Resource at the Ativa Zone of Balama West in Mozambique to the Measured category (11.6Mt at 19.9%TGC and 0.4% V2O5).

• Tuesday, December 10, 2013
  Australia’s All Ords seeks direction, closes little changed
  

  Despite Wall Street hitting a new record, the All Ords closed almost unchanged at 5,146.2 points today. The Shanghai Stock Exchange Composite Index is up 0.16% to 2,241.8 points while in pre-open markets the Dow-mini is up 10 points to 16,036.

• Tuesday, December 10, 2013
  Triton Minerals intersects 156m of graphite at Balama North, Mozambique
  

  Diamond drilling and trenching at the Nicanda Hill Prospect of Triton Mineral’s Balama North Project in Mozambique has raised the likelihood that it is a continuation of graphitic mineralisation intersected at the Cobra Plains Prospect. This could extend the potential strike to 8 kilometres.

• Tuesday, December 10, 2013
  Kogi Iron ups iron ore resource and confidence at Agbaja, Nigeria
  

  Shares in Kogi Iron could open higher with the company increasing Resources at its Agbaja Iron Ore Project in Nigeria by 20% to 586Mt at 41.3% iron. It has also made its maiden Indicated Resource estimate of 466Mt at 41.4% iron.

• Monday, December 09, 2013
  Are ASX resources company valuations set to rise?
  

  With release of strong U.S. economic data showing a reinvigorated economy and China holding off the dragons, could ASX resources company valuations be set to rise?  Keep in mind that over the next two decades over 250 million Chinese will move into cities – roughly the equivalent of two Japans according to United Nations forecasts.

• Monday, December 09, 2013
  Manas Resources raises funds to progress Shambesai Gold Project
  

  Funds raised from the non-renounceable entitlement issue will be used for pre-development and development costs for the Shambesai Gold Project in the Kyrgyz Republic including detailed plant design, commencement of site works and project finance costs. Total LOM (C3) after capital and tax estimated to be US$676/ounce.

• Monday, December 09, 2013
  Fox Resources intersects coal with first hole at Bundaberg Project
  

  Shares in the company should trade higher today after the first hole at its Bundaberg Coking Coal Project intersected three separate coal seams totalling 2.4 metres that appear similar to the seams intersected by the International Coal/Hancock Prospecting joint venture in the adjacent permit.

• Monday, December 09, 2013
  KGL Resources hits more massive sulphides at Jervois, Northern Territory
  

  KGL has intersected a new zone of massive and semi-massive sulphide containing visible copper, lead and zinc mineralisation at Jervois. The latest hit is just 90 metres north along strike and 50 metres down dip from KJCD048 - which delivered a copper equivalent of 18 metres at 11.3% copper. Assays for KJCD048 show up to 35.10% lead.

• Friday, December 06, 2013
  Peninsula Energy's Lance uranium projects to catch change in sentiment wave
  

  Uranium demand looks set to rise as more countries - including China - flag expansion of their nuclear power generation which is timely as Peninsula's Lance projects look to move to production in the U.S. in late 2014. Key climate change scientists have also weighed in favour of using nuclear power to stall further climate change.

• Friday, December 06, 2013
  Triton Minerals raises $1.6M to advance Balama North Graphite Project
  

  With funds in place to progress its resource definition drilling, modelling and Scoping Study, Triton Minerals will be able to unlock the graphite prospectivity of the Balama North Project, including its potential to host multiple high grade large flake graphite deposits.

• Friday, December 06, 2013
  ASX S&P Dow Jones rebalance for December quarter 2013
  

  The rebalance of the ASX S&P Dow Jones Indices is in for the December quarter, which saw no changes to the blue chip groups as per usual. The biggest changes were in the 200 company indices. Changes will take effect from the close of trade on the 20th December 2013.

• Thursday, December 05, 2013
  Syrah Resources: high-grade graphite from infill drilling, Balama East
  

  Syrah's infill drilling results today have confirmed further very wide zones of high grade graphite and vanadium mineralisation at Balama East, starting near surface. More results are pending, along with assays from Mualia, which will be followed by a resource upgrade.