Proactiveinvestors Australia

ARTICLES

• Friday, December 06, 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.

• 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.

• Thursday, December 05, 2013
  Greenland Minerals and Energy completes Kvanefjeld process engineering
  

  Metallurgical flowsheets for both the mineral concentrator and the refinery for the company’s Kvanefjeld multi-element project in Greenland have been finalised and it is now focused on reducing the risk of the refinery flowsheet with continuous pilot plant testwork.

• Thursday, December 05, 2013
  KGL Resources' massive sulphides intercept receives 'Drill hole of the Day'
  

  KGL Resources' (ASX: KGL) yesterday delivered some impressive massive sulphides from the Jervois project in the Northern Territory, and received a 'Drill hole of the Day' note from UBS Securities and distributed by Bell Potter.

• Wednesday, December 04, 2013
  Phoenix Gold delivers 109m at 1.8g/t gold near surface at Castle Hill
  

  Phoenix Gold's aggressive drilling program in the WA Goldfields continues to pay dividends, with the latest results demonstrating the depth potential below current resource. Gold mineralisation has now been extended 200 metres below the previous drilling - with grades increasing at depth. The Castle Hill Stage 1 open cut reserve study is due on the next month.

• Wednesday, December 04, 2013
  Base Resources in milestone first ilmenite and rutile production at Kwale
  

  Base will now ramp up processing rates at its Kwale mineral sands project in Kenya to build inventories of rutile and Ilmenite ahead of bulk shipments in January 2014. Construction of the zircon circuit is in its final stages with commissioning expected during January.

• Wednesday, December 04, 2013
  KGL Resources hits heights with high grade massive sulphides at Jervois
  

  KGL Resources has further built a case for a significant resource upgrade at Jervois, after intersecting the Copper Equivalent of 18 metres at 10.3% copper in resource extension drilling. Drilling is ongoing at depth and along strike. Shares in KGL Resources are expected to open firmer following the results.

• Wednesday, December 04, 2013
  Po Valley Energy doubles gas flow from Gradizza-1 well
  

  Rigless testing of the Gradizza-1 well in Italy has more than doubled flow rates to 15,000 standard cubic metres per day from the 7,000scm/d from initial testing. This is due to continued clean-up of the well and reduction of formation damage.

• Wednesday, December 04, 2013
  Shree Minerals increases iron ore reserves at Nelson Bay River project
  

  New Australian iron ore producer Shree Minerals has increased defined Reserves at Nelson Bay River mine in Tasmania from recent drilling program. This saw an upgrade of the resource and an improved Mine Plan where production of Direct Shipping Ore operations has comenced with first shipping of iron ore due last week of December, first week of January.