Proactiveinvestors Australia

ARTICLES

• Thursday, April 17, 2014
  Palladium hits two-year high, more growth on the horizon?
  

  With supplies uncertain and demand looking to rise higher, palladium prices have recently increased to their highest close in more than two years. Further gains look likely with one forecast indicating that it could reach an average of $1,000 per ounce.

• Thursday, April 17, 2014
  White Cliff Minerals increasing ownership in Chanach to 88.7%
  

  The acquisition of a further 32.2% interest in the Chanach Copper Gold project in Kyrgyz Republic by White Cliff Minerals is driven by the discovery of the Aucu discovery earlier this year, which had highlighted its potential to develop a significant tonnage, high grade copper-gold deposit.

• Thursday, April 17, 2014
  Global Strategic Metals secures $493,750 in European funding
  

  The receipt of $493,750 in funding through converting loan agreements with three new European investors highlights the strong level of confidence and interest in Global Strategic Metal’s Wolfsberg Lithium Project in Austria.

• Thursday, April 17, 2014
  Minera Gold makes splash with $7M funding, back on the ASX boards
  

  A reinstatement onto the ASX this morning follows a transformative period for Minera Gold's Ashley Pattison, bagging non dilutive, off balance sheet funding from SilverStream, and further funding for a total purse of $7 million. This will complete the planned expansion of the Torrecillas Gold Project in Southern Peru and a transition to owner operator milling.

• Thursday, April 17, 2014
  Condor Blanco Mines closes on biggest events in its history
  

  The coking coal agreements give Condor the right to earn a stake in The Duel, Universal Annex and Mopane projects, all located in the Soutpansberg Coalfield of northern South Africa.  The debt funding is now due from a Swiss based bank, with the loan documents having been presented to Condor for final review.

• Thursday, April 17, 2014
  Wall Street gains on positive Chinese GDP growth
  

  Better-than-expected GDP growth from China and U.S. Federal Reserve chair Janet Yellen's commitment to support the economy “for some time” sent the Dow Jones Industrial Average up 143 points to 16,406. The ASX SPI 200 is up 17 points to 5,424.

• Wednesday, April 16, 2014
  MacPhersons Resources assays show Nimbus silver-zinc at greater depth
  

  The silver assays from Nimbus-Boorara Project in Western Australia provide an exciting new vista for MacPhersons as it indicates that host rocks and mineralisation occurs up to 600 metres below historical producing mines and offer long term underground mining opportunities.

   

• Wednesday, April 16, 2014
  White Cliff Minerals fieldwork generates new nickel-copper targets at Merolia
  

  The fieldwork is designed to generate drillable targets at Merolia nickel-copper project in Western Australia. The prospective parts of the project extend over 80 kilometres and are along strike from Independence Group's (ASX: IGO) Rosie and Rox Resources'(ASX: RXL) Camelwood nickel sulphide discoveries to the north.

• Wednesday, April 16, 2014
  African Energy Resources signs power supply MOU with Zambian electricity authority, ZESCO
  

  Today's MoU with Zambian electricity authority, ZESCO continues the brace of news and momentum building from Sese and the case for medium term re-rating of AFR. The announcements indicate the role that AFR is likely to play in fuelling power hungry African continents.

• Wednesday, April 16, 2014
  Real Energy is undervalued; last junior with large Cooper Basin holdings
  

  Real Energy is the only junior oil and gas explorer left with a large landholding in Australia’s prolific producing Cooper Basin (8,314km2) that is 100% owned that is prime oil and gas exploration ground. As the last junior left with 100% ownership of its landholdings, we expect Real Energy will have takeover appeal at some stage. Real Energy also has cash reserves of $14.1m.

• Tuesday, April 15, 2014
  Mindax Limited fire assays up to 3,820ppb gold at Meekatharra North
  

  Fire assays of drilling carried out at Mindax Limited’s Meekatharra North Gold Project in Western Australia have returned results of up to 1 metre at 3,820ppb gold. The company will now complete the full geological interpretation and consider future work programs with its joint venture partners who funded the current work.

• Tuesday, April 15, 2014
  Apollo Minerals and Robert Friedland's HPX to step-up exploration
  

  Shareholders have given the thumbs up to Apollo Minerals’ strategic alliance with High Power Exploration targeting Iron Oxide Copper Gold in the Gawler Craton, South Australia. This will see the private explorer make a $1 million investment in Apollo and provide up to $3.4 million in funding to earn an 80% interest in the newly formed Commonwealth Hill Joint Venture.