Proactiveinvestors Australia

ARTICLES

  • Friday, September 19, 2014
    ASX higher as bargain hunters buy up banks, Telstra
    company news image

    Another day, another record on Wall Street. Down under on the ASX gains have been more modest of late. Leading the market higher today was a bounce in the blue chip banks, with the miners struggling as commodity prices were lower.

  • Friday, September 19, 2014
    Cott Oil and Gas sells Kina stake, has Asian LNG exposure
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    Cott Oil and Gas now holds around $5M in cash following the sale of a non-core stake in Kina Petroleum, and has exposure to a growing LNG hub in Asia through the 40% owned Pandora Gas Field. Santos is a partner. Michael O’Keeffe (ex-Riversdale chairman/ founder) holds an 8.7% stake in Cott.

  • Friday, September 19, 2014
    Condor Blanco Mines opens trial mining pits at Uludere Project
    company news image

    The first two trial mining pits at the lead-zinc-silver Uludere Project have been opened by Project operator, Anatolian Resources Madencilik. This follows an off take sales contract Condor signed this week with the largest Lead-Zinc miner in Southeast Turkey.

  • Friday, September 19, 2014
    Sun Resources encounters significant oil shows in Texas well
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    Sun Resources has revealed that significant hydrocarbon indications have been observed in the Lower Woodbine target formation. The area is highly prospective with the US$50B capped EOG Resources having drilled 7 producing wells. Sun has some powerful backers, including Gina Rinehart's Hancock Prospecting.

  • Thursday, September 18, 2014
    Segue Resources gets set to diamond drill Plumridge Nickel Project
    company news image

    In one of the most highly anticipated drilling programs in the Fraser Range we can recall, Segue Resources' MD Steven Michael has fast tracked a major diamond (and RC) program at the Plumridge Project.  This was after aircore drilling intersected favourable geology with mafic/ultramafic rocks identified.

  • Thursday, September 18, 2014
    RedFlow achieves large scale energy storage milestone
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    RedFlow shares are expected to rise after the company completed its initial trials with its prototype large scale energy storage system. The company is partnering with the circa $6B Flextronics for manufacturing, with commercial volumes expected before the end of 2015.

  • Wednesday, September 17, 2014
    Plymouth Minerals edges closer to tungsten-tin drilling at Morille in Spain
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    Phase 2 drilling at Plymouth Mineral’s Morille Tungsten-Tin project in Spain will follow up earlier drilling this year that confirmed high-grade mineralisation and the widespread extension of mineralisation within the Project.  New drilling will obtain geotechnical, structural and metallurgical information in areas which are deemed prospective for resource generation.

  • Wednesday, September 17, 2014
    Blackham Resources intersects further high grade gold at Matilda
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    Drilling to increase the resources open pit limits and the M1 underground potential at Blackham Resources’ Matilda Gold Project in Western Australia has intersected high grade gold. The latest intercepts provide grades and widths that are attractive to underground mining, and confirm significant continuity of the shoots.

  • Wednesday, September 17, 2014
    Minera Gold earns immediate cash flows from San Santiago processing plant
    company news image

    The acquisition of the San Santiago Assets is a "walk-in/walk-out" transaction and will cost US$5.5 million with settlement to take place on Wednesday 17 September 2014, Peru time. This will deliver to Minera control of an operating copper toll treatment business that is generating annualised EBITDA of circa US$2.5 million per annum.

  • Tuesday, September 16, 2014
    Pacific Niugini hits 34g/t gold in first hole at Nicolsons Gold Mine
    company news image

    Early assays from the first diamond hole drilled at Pacific Niugini’s Nicolsons Gold Mine in Western Australia have returned notable high grade results of 3.0 metres at 20.43g/t from 106 metres including 1.6 metres at 34g/t gold.  Pacific Niugini is looking to re-commence mining and ore processing at the high-grade Nicolsens Project.

  • Tuesday, September 16, 2014
    Phoenix Gold finds high grade extensions at Castle Hill project
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    Phoenix Gold has identified a number of new extensions over a 3km strike to the north of Stage 1 at Castle Hill and remain open in all directions. Further drilling is planned at this new Stage 3 and an independent resource update will be completed in the December quarter.

  • Tuesday, September 16, 2014
    Triton Minerals metallurgical work recovers 97.3% graphite at Nicanda Hill
    company news image

    Preliminary metallurgical and mineralogical results from Triton Minerals’ Nicanda Hill prospect in Mozambique are encouraging with recovery of up to 97.3% TGC graphitic concentrate using straight forward flotation methods. More work is underway to optimise recovery and grades along with vanadium recovery from graphite flotation tailings.

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BREAKING NEWS

Archived Newswires ►

TWITTER: PROACTIVE INVESTORS

GLOBAL PROACTIVE INVESTORS

  • Friday, September 19, 2014
    Minera Gold completes acquisition of gold-copper plant in Peru
  • Minera Gold (ASX:MIZ) is on the road to generating earnings with the acquisition of the San Santiago gold and copper processing plant in Peru, and has now settled the deal with management control passing to the company. Minera now has full ownership and control of its own processing plant to process all of its gold and copper production...
  • Friday, September 19, 2014
    Cott Oil and Gas sells Kina stake, has Asian LNG exposure
  • Cott Oil and Gas (ASX:CMT) has sold its 10 million share stake in Kina Petroleum (ASX:KPL) on market netting over $3.3 million in cash. CMT already held $2.1 million in cash at the end of June 2014, and will now hold around $5 million in cash following operating expenses in the September quarter. The company holds some quality assets, and...
  • Friday, September 19, 2014
    Wolf Minerals is “head of the pack” says finnCap
  • Wolf Minerals (ASX:WLF, LON:WLFE) has leapt to the head of the pack and is a ‘buy', according to City broker finnCap, which has begun coverage of the British mine developer. The group's Hemerdon tungsten mine, located in Devon, is host to the world's fourth largest resource in the world and when it comes online in the second half of next year...
  • Friday, September 19, 2014
    Condor Blanco Mines opens trial mining pits at Uludere Project
  • Condor Blanco Mines (ASX:CDB) and its project operator at the lead-zinc-silver Uludere Project located in Eastern Turkey have opened the first two trial mining pits. Project operator, Anatolian Resources Madencilik Ltd Şti, has commenced stockpiling of material collected for sale under the offtake agreement with Meskan Olmez Madencilik Ltd...
  • Friday, September 19, 2014
    Sun Resources encounters significant oil shows in Texas well
  • Sun Resources (ASX:SUR) has revealed that significant hydrocarbon indications have been observed in the Lower Woodbine target formation. The company is drilling ahead in the lateral section of the Jack Howe #1H well within Sun's (50% and operator) Normangee Oil Project, located in Texas. Sun will complete the execution of the drilling program...
  • Thursday, September 18, 2014
    RedFlow achieves large scale energy storage milestone
  • RedFlow's (ASX:RFX) shares are expected to firm after the company achieved a large scale energy storage with its zinc-bromide flow batteries. RedFlow is a leading developer of zinc-bromide flow batteries, and is well-funded with over $10 million in cash at the end of June 2014. The company has now completed its prototype large scale energy...
  • Thursday, September 18, 2014
    Segue Resources gets set to diamond drill Plumridge Nickel Project
  • Segue Resources (ASX:SEG) has received approval from the WA Department of Mines and Petroleum for a much anticipated diamond and reverse circulation drilling program at the E21 Target within its Plumridge project in the Fraser Range of Western Australia. Recent aircore drilling of 48 holes for 2,162 metres at Plumridge intersected favourable...
  • Wednesday, September 17, 2014
    Minera Gold earns immediate cash flows from San Santiago processing plant
  • Minera Gold (ASX:MIZ) will move out of a trading halt to announce it has exercised an option to acquire the San Santiago processing plant in Peru. Minera's shares should open firmer today. The acquisition of the San Santiago Assets is a "walk-in/walk-out" transaction and will cost US$5.5 million with settlement to take place on Wednesday 17...
  • Aggregated Micro Power management discuss growth plans Friday, September 19, 2014
    Aggregated Micro Power management discuss growth plans
  • The management of Aggregated Micro Power Holdings (LON:AMPH), otherwise known as AMP, talk about how they plan to grow the share price. Chief executive Richard Burrell and chairman Neil Eckert explain the two sides to the business and their plans to pay a dividend. The company has released its first results since floating on AIM in July, which...
  • North Sea oil industry warns UK govt against further delay Friday, September 19, 2014
    North Sea oil industry warns UK govt against further delay
  • “The referendum campaign rightly revealed the important role the offshore oil and gas industry plays in our economy, both in Scotland and in the rest of the United Kingdom,” said Malcolm Webb, Oil & Gas UK chief executive.
  • Dow, S&P 500 end at all-time highs Friday, September 19, 2014
    Dow, S&P 500 end at all-time highs
  • U.S. stocks rallied Thursday with both the S&P 500 and the Dow closing at new record highs, building on yesterday's gains following the Fed's decision not to change its "considerable time" guidance with regards to how long it will keep interest rates low for. 
  • TSX wavers as miners' losses overpower bank gains Friday, September 19, 2014
    TSX wavers as miners' losses overpower bank gains
  • Canadian shares wavered as miners slumped following gold dropping to an eight-month low, while banks gained after the U.S. Federal Reserve raised its outlook for interest rates. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) was down 0.1 percent at 15,436.17 at 12:41 p.m. in Toronto. Five stocks declined for every four shares...
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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