Imugene will divest Linguet™ to focus on HER-Vaxx, one of the world’s most advanced B cell vaccines. Her-Vaxx has potential to improve upon Roche’s blockbuster Herceptin drug that generated annualised sales of $6.9B and targets the same biomarker.
Triton Minerals has once again delivered some impressive drilling and metallurgical results from Nicanda Hill - the world’s largest graphite and vanadium deposit. Upgrades of up to 99.9%C achieved in laboratory test work.
Proteomics International Laboratories has generated $7.5M in revenues since 2001 and does not intend using its resources to develop diagnostic tools or drugs, but seeks to licence the discovered IP to major pharma groups, who have the required resources for development.
China is ready to solidify its claim to the South China Sea. Recent satellite imagery confirms China is conducting significant land reclamation operations in the Spratly Islands in the SCS. The SCS is an important fishing ground and is believed to hold large amounts of oil and gas.
With the U.S. markets closed for the Thanksgiving holiday, investors in the Australian market may look to Europe for leads. The price of oil plunged overnight. The ASX SPI 200 is off 17 points to 5397.
The ASX All Ords gained one point today, and get set for possibly an even slower day tomorrow with Wall Street closed for the Thanksgiving holiday. There was one stock shining bright today after hitting nickel sulphide in Western Australia.
Mining Projects Group's shares are expected to gain after intersecting further nickel mineralisation from the company’s ongoing diamond drilling program at the Talc Lake Prospect within its wholly-owned Roe Hills Project.
Imugene is an immuno-oncology company developing B-cell based immunotherapies. Immunotherapy has become one of the hottest and most promising areas of study for the treatment of a variety of cancerous tumours. Pfizer and Merck will JV on up to 20 preclinical immuno-oncology programs in 2015.
The scoping study results for Nicanda Hill would see a payback period within less than 12 months and projected strong NPV and IRR results for developing a low cost, high quality graphite mine for arguably the largest known graphite project.
South Boulder's Colluli project is located in close proximity to the coast and is geographically favourable relative to key markets than its peers. Pre-feasibility completion is planned for February 2015 and DFS by mid 2015. Potential for offtake exists with Hong Kong based KLID.
MZI Resources has signed a pivotal sales agreement for its Keysbrook Mineral Sands Project with DuPont - the world’s largest titanium dioxide pigment producer. This significantly de-risks the project as well as provide revenue upon commencement of the agreement.
Zinc has been a strong performer in 2014, with predictions of the best to come in 2015. The scale of drilling at Citronen has been impressive.