Major banks and Fortescue Metals Group have led the All Ords up 0.9% to 5,770.4 points. Find out which company is progressing the application process for its zinc and lead project.
A completed BFS confirmed the world-class scale of the Citronen project, which aims to tap into the looming zinc shortage caused by major zinc mine closures. Greenland has a zinc mining history and is supportive of mining.
Exploration in the third quarter will include drilling up to 6 high priority targets to intersect nickel sulphide mineralisation. Segue has one of the largest exploration tenement packages in the Fraser Range.
Drilling has identified a number of extensions that could expand the free milling open pit mining inventory at the Matilda Gold Project, increasing its mine life beyond the current 4 years. An updated Matilda Mine JORC resource is expected soon.
The rights issue further ensures the company is funded to complete the Definitive Feasibility Study for its Colluli potash project. South Boulder Mines will now place the shortfall with its underwriters to raise an additional $1,515,957.
Panda Hill is one of the most viable undeveloped niobium projects world-wide. Currently there are only three niobium mines operating globally, with production generating in excess of $1B in operating profits per annum.
Prima BioMed has been the talk of the town with its share price gains and funding for the IMP321 treatment for cancer. Register today for Proactive's Sydney, Melbourne Investor Luncheons in June to hear more.
The key Feasibility Study for Kvanefjeld rare earth-uranium project renders it as one of the world’s lowest cost rare earth producers and places it in the bottom quartile of uranium production costs.
The latest assays continue the brace of strong drill results from the Isabel Project. The project is shaping as one of the largest nickel laterite deposits in the Pacific, with the company targeting the establishment of a DSO operation by late 2015.
The 100% ownership of a key component of the SomnoDent® device for obstructive sleep apnea, provides the company with a proprietary material for its dental device, which is key in oral devices. Next generation materials could also be in use by early 2016.
A financial analysis of the planned manganese smelter has demonstrated the robust project economics including an estimated EBITDA of US$623.8 million, NPV of US$201.4 million, IRR of 45.6% and a two-year payback period. Start-up capital is expected to be US$67.5 million over four years.
MZI is on schedule for commissioning and first mineral sands production in Q4 2015, and on-track for first sales in early 2016 as the share price tracks development milestones higher. Keysbrook is a high operating profit margin project based on high grade mineral assemblage.