The Pre-Feasibility Study for the Colluli Potash Project is expected to be completed in February 2015. South Boulder Mines is focused on completed the Definitive Feasibility Study and will also study potential economic upside associated with the other materials within the resource.
Dundee Capital has maintained its buy recommendation with speculative risk and a price target of $0.25 for Anatolia Energy. It noted that the appointment of Tom Young as its chief operating officer eases concerns about the lack of uranium experience in Turkey. Shares in the company are currently trading at $0.08.
The ruling by the ASLB reflects the findings of the stringent licensing process implemented by numerous Wyoming State and US Federal agencies, providing a platform for construction advancing on schedule to be in production this year.
Triton has entered into a binding agreement with the Hong Kong based Long State Investments to provide a funding facility for up to A$20 million. Triton's Nicanda Hill deposit has been confirmed as the world’s largest known combined graphite-vanadium deposit.
Banking its first royalty cheque from the Marampa Iron Ore Mine propels Cape Lambert into a different league of ASX companies as an income producing entity. The company is poised to receive hefty "annuity" style revenue streams of up to $12 million this year and up to US$56 million over four years.
Wall Street ended with slight gains as a massive winter storm prepares to hit the northeast. Investors also digested news that the Syriza party won the general election in Greece on Sunday. Gold and oil are lower. The ASX SPI 200 is up 13 points to 5459.
In its December quarterly, Axiom Mining extended high grade nickel intersections at its Isabel Project. Drilling at the West Guadalcanal Project has intersected gold and silver. Further drilling is underway.
Improved Australian gold prices and reduced fuel costs have increased the free cash flow forecast for the Batangas Gold Project by 50% to A$45 million. IRR is now 65% while NPV is $28.5 million. The company is moving to complete the Definitive Feasibility Study, final mine permitting and additional resource/reserve delineation.
Perth broker Hartleys placed a Speculative Buy and $0.21 price target on Anatolia Energy following strong results from metallurgical test work on its Temrezli uranium deposit. Shares in the company are currently trading at $0.075.
With a thick zone of massive sulphide intersected by its first diamond hole at the Iron Blow deposit, Phoenix Copper is off to an excellent start. The zinc grades (and gold grades) encountered provide a glimpse of what lies beneath this under-explored tenement. There are also broad intercepts of gold mineralisation outside the massive sulphide zones.
Greenland Minerals and Energy’s managing director, John Mair, speaks exclusively to Proactive Investors about the change in Government in Greenland, and its Kvanefjeld uranium and rare earth project.
The U.S. patent adds to the intellectual property portfolio of Cellmid and protects the use of midkine as a treatment for heart failure which commonly follows non-fatal heart attacks. Shares in the company should trade higher on the news.