Proactiveinvestors Australia

ARTICLES

• Monday, July 28, 2014
  MacPhersons Resources raising up to A$10.4M to complete Nimbus BFS
  

  Providing a major vote of confidence in the development pathway, MacPhersons chairman will subscribe for up to $1M in shares while Orion Mine Finance has committed to $6.5M. Funds will complete the BFS in the December quarter 2014.

• Monday, July 28, 2014
  Liquefied Natural Gas Limited snares second North American LNG project
  

  The agreement to acquire the Bear Head LNG project in Nova Scotia, Canada, from Anadarko Petroleum Corporation for US$11 million will diversify and reduce risk for Liquefied Natural Gas Limited in the North American LNG sector. Previous work by Anadarko is expected to result in lower development costs and faster approvals compared to Magnolia LNG.

• Monday, July 28, 2014
  Kibaran Resources delivers best ever graphite assays from Epanko
  

  The final reverse circulation assays for Kibaran at Epanko are the best ever, and included 53m at 14.0% TGC. The JORC upgrade is close to completion. Diamond drilling will commence shortly to further optimise the processing flowsheet.

• Monday, July 28, 2014
  Triton Minerals expands Nicanda Hill high grade graphite zones
  

  Phase 1 drilling at Nicanda Hill in Mozambique has further defined and expanded the multiple high grade graphite zones present. Phase 2 drilling will focus on testing the continuity of these zones.

• Monday, July 28, 2014
  Soil Sub Technologies to submit study for Malaysian township project
  

  The submission of a Pre-Feasibility Study to the National Housing Company of Malaysia for the Penor township by late August 2014 provides the next milestone for Platinum JV Developments Sdn Bhd and Soil Sub Technologies.

• Friday, July 25, 2014
  Legend Mining increases footprint in Fraser Range
  

  The new exploration licenses awarded through a recent tenement ballot further increase Legend's exposure in the Fraser Range, and with exploration programs coming up, news flow is set to increase. The company also holds 1.5 million Sirius Resources shares. Mark Creasy is the largest shareholder in Legend with around 25%.

• Friday, July 25, 2014
  Base Resources' Kwale project drives positive operating cash flows
  

  With its maiden positive operating cash flows of $4.1 million in the June quarter, Base Resources is now solidly in the ranks of mineral sands producers. Further improvements are expected from its Kwale Mineral Sands operation in Kenya.

• Friday, July 25, 2014
  SomnoMed raising up to $7.05M
  

  With sales of its sleep apnea products growing across Europe and the U.S., SomnoMed is raising up to $7.05 million through a $5.55 million share placement and a share purchase plan of up to $1.5 million to double production capacity at its plant.

• Thursday, July 24, 2014
  Hazelwood Resources: Challenging China; Warren Buffett’s #1 Metal
  

  The Chinese are hoarding it, and Warren Buffett is investing in it. Prices and demand have been steadily increasing for years. Tungsten is more than just an extremely hard metal. Indeed, modern life virtually revolves around it and, in most cases, there is no substitute.

• Thursday, July 24, 2014
  Thundelarra Limited raises A$7.5M in oversubscribed placement
  

  Thundelarra is now well-funded for follow up drilling at Red Bore, where DSO grade copper was recently discovered. A 1400 metre reverse circulation program has already received approval. Curara Well is also a focus for the company.

• Thursday, July 24, 2014
  TZ Limited granted patent for SMArt locking devices
  

  The patent applications for new types of TZ SMArt Locking and Fastening Devices in Australia and Japan offers TZ Limited new device adds value to its intellectual property as well as support new applications for its technology.

• Thursday, July 24, 2014
  Mining Projects Group unearths nickel sulphide drill targets at Roe Hills
  

  The fresh approach by Neil Hutchison, who has form in making nickel sulphide discoveries in Western Australia, looks to have already paid off with a structured plan that has defined ready drill targets below and down plunge from previous nickel sulphide intersections.