Proactiveinvestors Australia

ARTICLES

• Friday, April 25, 2014
  U.S. equities tick higher after encouraging earnings
  

  The U.S. stock rally from earlier Thursday lost ground later in the session as worries over increasing tensions in Ukraine offset encouraging results from Apple and Facebook. Gold and oil gained. The ASX SPI is up seven points to 5530.

• Thursday, April 24, 2014
  Is a copper price rise on the horizon? "ASX copper plays"
  

  While the copper price may have been on a downward trend in recent years, there are some key catalysts in the short to medium, as well as longer term, that could re-rate the metal higher. Australia's biggest trading partner, China, is the world's top user of refined copper.

• Thursday, April 24, 2014
  ASX200 up 0.2%, Chinese and U.S. stocks slip
  

  Australia’s ASX200 is up 0.2% to 5,531 points as Chinese stocks fell on concerns that equity would be diverted by new IPOs. The Shanghai Stock Exchange Composite Index is down 20% to 2,063.2 points while in pre-open markets the Dow-mini is up 27 points to 16,487.

• Thursday, April 24, 2014
  King River Copper helicopter survey refines Speewah Dome targets
  

  The discovery of a previously unknown near the Chapman outcrops and significant assays from four new areas are highlights of King River Copper’s helicopter reconnaissance program over its Speewah Dome copper, gold and silver project in Western Australia. It also sets the stage for its drilling program that will start in May.

• Thursday, April 24, 2014
  KGL Resources on track to boost Jervois copper-silver resources
  

  With drilling confirming the continuity of the mineralised zone between the Bellbird and Bellbird North deposits at KGL Resources’ Jervois copper-silver-gold project in the Northern Territory, the company looks set to meet its goal of extending the current Resource of 170,000 tonnes of copper and 11 million ounces of silver.

• Thursday, April 24, 2014
  Phoenix Gold fully funded for staged development of WA gold projects
  

  With the $4.3 million raised from its 1 for 3 non-renounceable entitlement offer added to the $7.8 million from its successful placement – for a total of $12.1 million, Phoenix Gold is now fully funded for staged development of its Western Australia gold assets. Mining will begin in the September 2014 with ore to be processed at FMR Investments’ Greenfields processing plant in Coolgardie.

• Wednesday, April 23, 2014
  Triton Minerals commences new drilling at the Nicanda Hill graphite prospect
  

  The start of Triton Mineral’s third phase of reverse circulation and diamond drilling is focused on the southern portion of the Nicanda Hill prospect in the Balama North graphite project in Mozambique. This is expected to better understand the location, width, depth and grade of the identified graphitic zone.

• Wednesday, April 23, 2014
  RedFlow's advances zinc bromine battery, creates market opportunity
  

  RedFlow has positioned itself to target wider applications for its zinc bromine battery, as technological advancements have delivered a more flexible product to use in finished energy storage systems, while being easier to manufacture.

• Wednesday, April 23, 2014
  Red Mountain Mining confirms zones of high grade gold at Lobo, Philippines
  

  Exploration drilling at Red Mountain Mining’s South West Breccia has intersected high grade mineralisation, confirming the existence of discreet zones of shallow high grade gold mineralisation along the 500 metre exposed portion of the SWB corridor.

• Wednesday, April 23, 2014
  Citation Resources intersects multiple pay zones at Atzam-5 oil well
  

  The identification of multiple potential pay zones in both primary and secondary reservoir targets drilled to date at Citation Resources’ Atzam-5 oil appraisal well in Guatemala is noteworthy given the flow of oil to surface previously. That the reservoir sections appear to be highly fractured is another positive for future potential oil production rates.

• Wednesday, April 23, 2014
  Blackham Resources receives $1.35 price target from Sydney broker
  

  Blackham Resources is reinvigorating the Wiluna gold belt, and the company has received a $1.35 one-year price target from Sydney broker Paradigm Securities. The target is close to six-times the $0.23 last traded price.

• Wednesday, April 23, 2014
  Range Resources maintains focus on Trinidad oil assets
  

  With a fourth rig poised to become operational, Range Resources is moving to ramp up drilling operations at its onshore Trinidad oil assets and has made regulatory approval progress for its Beach Marcelle waterflood program that could substantially increase oil production. It has also signed a MoU for a strategic alliance with Chinese oil service company LandOcean Energy Services.