New Guinea Energy to gain from Talisman, Mitsubishi gas alliance in Papua New Guinea

The enterprise value of just A$9 million appears to have overlooked the potential of Elementos across two continents. The Mercedes project is just one example, and is positioned in one of the world’s largest copper producing regions, which hosts companies such as BHP Billiton, Rio Tinto, Barrick, Antofagasta and Codelco.

Greenearth Energy’s Metrolight energy efficiency technology is likely to receive greater exposure on the back of the Australian Government’s introduction of a $1 billion Clean Technology Investment Program.

Namibian Copper’s Hambok project is counted as one of three major VMS / Gold projects in Eritrea including Bisha and Asmara with copper and zinc grades comparable with Bisha.  With a Market Cap. of just $11.2 million, Namibian is vastly under-valued on pounds of copper and to the companies that own similar deposits in Eritrea.

Greenland Minerals told Proactive Investors today that the technical breakthrough firms up the company's progress in establishing a simple, and effective way of processing the Kvanefjeld ores. In particular, high extractions of heavy rare earth elements.

U.S. equities may have eased overnight, but the interest in metals is back. Spot gold continued to climb and now sits at US$1780 an ounce.

Proactive Investors brings you the buzz from the brokers, with a wrap of overnight comment from some of the biggest names in the London square mile.

Australian resource stocks held steady in today’s trade despite some weakness in the overall market, with Oil Search Holdings and Medusa Mining up, while majors BHP Billiton and Rio Tinto were among the few to fall.

Horseshoe has attracted Investmet Ltd as an investor - and after intersections such as 2m at 14.4% copper, 1m at 16.2% copper and many broad strikes - investors can see where the interest from the group has come from, and why they want some of the action.

Alexium International Group is targeting demand from the 2.2m U.S. soldiers on active and reserve duty, as well as commercial customers in the U.S. and abroad. With over $2m cash the company can now fast track licensing of its fire retardant nylon treatment.

With nearly A$5 million in the bank Mindax can accelerate exploration and begin a Feasibility Study at its Mt Forrest Iron Project in Western Australia where DSO grades of above 63% iron are being returned. A vote of confidence in the company is the $1 million investment by LAP Exploration alone.