Proactiveinvestors Australia

ARTICLES

  • Thursday, January 29, 2015
    Carbon Energy secures $1.2M loan facility from Macquarie Bank
    company news image

    The $1.2 million loan facility from Macquarie Bank will be repaid from the expected research and development tax rebate for FY2015. Carbon Energy's Blue Gum Gas Project has Queensland's fifth largest Proved and Probable Reserve of 1,128 petajoules.

  • Thursday, January 29, 2015
    ASX marks sixth straight gain, which gold producer jumped 11.8%?
    company news image

    Bank stocks led by Commonwealth Bank have pulled the All Ords up 0.3% to 5,532.3, its sixth straight gain.

    This gold producer with an operational project in the Dominican Republic has drawn investor attention today.

  • Thursday, January 29, 2015
    Phoenix Gold pours first gold from Kintore in December quarter
    company news image

    The first mining campaign has produced 5,639 ounces of gold at the Greenfields mill. Phoenix Gold expects the Kintore mine to be cash flow positive in the March quarter 2015 as strip ratios decrease and higher grade ore is accessed at lower levels.

  • Thursday, January 29, 2015
    Mining Projects Group identifies thick nickel sulphide channel at Roe Hills
    company news image

    Drilling at Mining Projects Group’s Roe Hills Project has identified a new thick nickel sulphide fertile lava channel. This increases prospectivity of the entire 40 kilometre strike. Geology is comparable to that at the Cosmos Nickel Project.

  • Thursday, January 29, 2015
    Blackham Resources’ $3M placement closes oversubscribed
    company news image

    The oversubscribed placement was made to new institutional, sophisticated and professional investors. This delivers further financial capacity to Blackham’s register. Discussions are progressing to finance the Matilda Gold Project through exploration, feasibility and into production.

  • Thursday, January 29, 2015
    Poseidon Nickel set to boost Indicated Resource at Lake Johnston
    company news image

    Poseidon is expected to convert a significant amount of resources at Lake Johnston into the Indicated category within weeks, with the next step the potential to convert to reserves. The company has also received offers for nickel concentrate offtake.

  • Thursday, January 29, 2015
    Millennium Minerals Q4 gold production exceeds guidance
    company news image

    A higher ratio of Golden Gate ore milled and improved mining performance has resulted in the production of 19,699 ounces of gold in the December quarter 2014. This is higher than its guidance of 18,000 ounces.

  • Wednesday, January 28, 2015
    SomnoMed Limited hits growth target with record sales
    company news image

    Sales of 13,575 sleep apnea devices in the December quarter 2014 represent a growth of over 21.8% compared to the same quarter the previous year. This has also contributed to a 18% increase in first half FY15 revenue to $14.8M. SomnoMed has confirmed forecast revenues of $32.5M for the current financial year.

  • Wednesday, January 28, 2015
    MRL Corporation on track for graphite production in September quarter
    company news image

    The Aluketiya graphite project is on track to start production in the September quarter 2015. Drilling has returned assays of up to 99.3%TGC. MRL Corporation will commence a new drilling program within days to establish further graphite mineralisation.

  • Wednesday, January 28, 2015
    Alkane Resources delivers high profit margin at Tomingley Gold Operations
    company news image

    Low cash operating costs of A$1,116oz have allowed Alkane's Tomingley Gold Operations to deliver a comfortable profit margin of circa A$310oz. The project generated revenue of $23.5M at an average price of A$1,426oz. The company has also lodged a new mining lease application for the Dubbo Zirconia Project.

  • Tuesday, January 27, 2015
    RedFlow receives CE approval for zinc bromide batteries
    company news image

    The CE approval is a key milestone for Redflow, as it is a requirement for sales in Europe. Minimal changes to make its zinc-bromide batteries CE compliant have been made and rolled out to production immediately. Shares in the company are expected to trade higher.

  • Tuesday, January 27, 2015
    Aspire Mining, China Railways to carry out first stage Ovoot rail study
    company news image

    The first stage Erdenet to Ovoot Rail Bankable Feasibility Study with CRCC is a step forward for Aspire Mining. It will place the company in a better position to negotiate a Concession Agreement with the Mongolian Government and advance funding discussions.

Archived Articles ►

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BREAKING NEWS

Archived Newswires ►

STOCKTUBE

Wolf Minerals MD updates investors on progress at Hemerdon mine

Russell Clark, the managing director of Wolf Minerals (ASX:WLF, LON:WLFE), discusses the progress of the construction of the Hemerdon... Archived Stocktube ►

TWITTER: PROACTIVE INVESTORS

GLOBAL PROACTIVE INVESTORS

  • Thursday, January 29, 2015
    Blackham Resources’ $3M placement closes oversubscribed
  • Blackham Resources (ASX:BLK) has received a vote of confidence from investors with its $3 million placement of 33.3 million shares priced at $0.09 each closing significantly oversubscribed. The placement was made to new institutional, sophisticated and professional investors, delivering further financial capacity to its register. Strong...
  • Thursday, January 29, 2015
    Mining Projects Group identifies thick nickel sulphide channel at Roe Hills
  • Mining Projects Group (ASX:MPJ) has identified a new thick nickel sulphide fertile lava channel at the Roe 1 prospect within its wholly-owned Roe Hills Project in Western Australia. The nickel intersections and the geology have a very strong correlation to the discovery history of known deposits such as Cosmos, Prospero, Sinclair, Cerberus,...
  • Thursday, January 29, 2015
    Poseidon Nickel set to boost Indicated Resource at Lake Johnston
  • Poseidon Nickel (ASX:POS) continues to advance at speed its near term production project Lake Johnston, with a major geological work program underway targeting a substantial increase in Indicated Resources. Costs to re-start production are very low, with capital cost for plant and infrastructure refurbishment to operating condition estimated...
  • Thursday, January 29, 2015
    Millennium Minerals Q4 gold production exceeds guidance
  • Millennium Minerals (ASX:MOY) has produced 19,699 ounces of gold for the December quarter 2014, above its guidance of 18,000 ounces, from its Nullagine Gold Project in Western Australia's Pilbara region. Delivered gold poured for the year ended 31st December 2014 was 75,867 ounces for revenue of A$115.7 million. All in-sustaining costs for...
  • Wednesday, January 28, 2015
    SomnoMed Limited hits growth target with record sales
  • SomnoMed Limited (SOM: ASX) has achieved growth targets with record sales of 13,575 units of its sleep apnoea devices in the second quarter of FY2015 and first half volume to 24,775 units. Notably, sales in December were the company's highest ever for an individual month, with over 5,000 units sold. Total revenues generated in the first half...
  • Wednesday, January 28, 2015
    MRL Corporation on track for graphite production in September quarter
  • MRL Corporation (ASX: MRF) is on track to start production from its Aluketiya graphite project in Sri Lanka in the September quarter 2015 after drilling returned assays of up to 99.3% total graphitic carbon. Rehabilitation and construction work on two historic shafts at Aluketiya is set to start in March and will take about two months to...
  • Wednesday, January 28, 2015
    Alkane Resources delivers high profit margin at Tomingley Gold Operations
  • Alkane Resources' (ASX:ALK) Tomingley Gold Operations in New South Wales operated near budget in the December quarter with total cash operating costs of A$1,116 per ounce and revenue of A$23.5 million. The project produced 19,175 ounces of gold in the quarter and the company has revised its FY2015 forecast upwards to between 65,000 to 75,000...
  • Tuesday, January 27, 2015
    RedFlow receives CE approval for zinc bromide batteries
  • RedFlow's (ASX:CFE) core zinc-bromide flow battery has received CE approval, a requirement for sales in Europe. As part of the CE certification process, the ZBM underwent and passed rigorous independent assessment and testing over several months in the areas of safety and EMC. This included testing of the ZBM's electronics, mechanical design,...
  • DiamondCorp CEO upbeat despite strike delays Friday, January 30, 2015
    DiamondCorp CEO upbeat despite strike delays
  • Paul Loudon, the chief executive of DiamondCorp (LON:DCP), says the strike at its Lace mine in South Africa had a knock-on effect on the company’s development schedule, but did not impact it financially.
  • Broker spotlight, including Antofagasta, Experian, Mtchells & Butlers and Unilever Thursday, January 29, 2015
    Broker spotlight, including Antofagasta, Experian, Mtchells & Butlers and Unilever
  • City analysts got the red pen out for copper giant Antofagasta (LON:ANTO) on Thursday, with US broker Citi cutting the target price to 660p from 705p amid depressed prices for the metal. In a production update on Wednesday, the company said copper, gold and moly production and cash costs all beat guidance for 2014. But Citi says in the...
  • Wall Street rises as jobless claims hit 14-year low Friday, January 30, 2015
    Wall Street rises as jobless claims hit 14-year low
  • U.S. stock futures edged up in early trading Thursday after jobless claims fell to the lowest level since 2000. The gains came after the Dow plunged 196 points on Wednesday, as oil prices plunged almost 4% and as investors realized the Fed remains open to hiking interest rates later this year. 
  • TSX snaps 5-day rally as weaker oil prices sink energy producers Thursday, January 29, 2015
    TSX snaps 5-day rally as weaker oil prices sink energy producers
  • Canadian shares fell, halting a five-day rally, as a drop in oil prices on anxiety about a buildup in U.S. crude inventories nudged down energy producers. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slipped 0.4 percent to 14,768.99 at 12:34 p.m. in Toronto.
Andrew McCrea is Sub Authorised Representative (SAR: 291331) of Proactive Investors Australia Pty Ltd
(ABN: 19 132 787 654) which is a Corporate Auhorised Representative (CAR: 413802) of RM Capital
Pty Ltd (AFSL: 221938).

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