Proactiveinvestors Australia

ARTICLES

• Monday, July 28, 2014
  ASX200 slips as miners gain ground
  

  Financial stocks have pulled the ASX200 down 0.1% to 5,577.4 points, miners were higher. The Shanghai Stock Exchange Composite Index is up 2.2% to 2,173.41 points while in pre-open markets the Dow-mini is up 12 points to 16,903.

• Monday, July 28, 2014
  Spectrum Rare Earths increases grades at Skyfall Magnetic Rare Earth project
  

  Results back from trial pitting at Spectrum Rare Earth’s Skyfall Magnetic End Use Rare Earth Prospect in the Northern Territory show an improving grade profile. Skyfall has one of the highest distribution of Magnetic Rare Earths when compared to other rare earth prospects around the world.

• Monday, July 28, 2014
  MacPhersons Resources raising up to A$10.4M to complete Nimbus BFS
  

  Providing a major vote of confidence in the development pathway, MacPhersons chairman will subscribe for up to $1M in shares while Orion Mine Finance has committed to $6.5M. Funds will complete the BFS in the December quarter 2014.

• Monday, July 28, 2014
  Liquefied Natural Gas Limited snares second North American LNG project
  

  The agreement to acquire the Bear Head LNG project in Nova Scotia, Canada, from Anadarko Petroleum Corporation for US$11 million will diversify and reduce risk for Liquefied Natural Gas Limited in the North American LNG sector. Previous work by Anadarko is expected to result in lower development costs and faster approvals compared to Magnolia LNG.

• Monday, July 28, 2014
  Kibaran Resources delivers best ever graphite assays from Epanko
  

  The final reverse circulation assays for Kibaran at Epanko are the best ever, and included 53m at 14.0% TGC. The JORC upgrade is close to completion. Diamond drilling will commence shortly to further optimise the processing flowsheet.

• Monday, July 28, 2014
  Triton Minerals expands Nicanda Hill high grade graphite zones
  

  Phase 1 drilling at Nicanda Hill in Mozambique has further defined and expanded the multiple high grade graphite zones present. Phase 2 drilling will focus on testing the continuity of these zones.

• Monday, July 28, 2014
  Soil Sub Technologies to submit study for Malaysian township project
  

  The submission of a Pre-Feasibility Study to the National Housing Company of Malaysia for the Penor township by late August 2014 provides the next milestone for Platinum JV Developments Sdn Bhd and Soil Sub Technologies.

• Friday, July 25, 2014
  Legend Mining increases footprint in Fraser Range
  

  The new exploration licenses awarded through a recent tenement ballot further increase Legend's exposure in the Fraser Range, and with exploration programs coming up, news flow is set to increase. The company also holds 1.5 million Sirius Resources shares. Mark Creasy is the largest shareholder in Legend with around 25%.

• Friday, July 25, 2014
  Base Resources' Kwale project drives positive operating cash flows
  

  With its maiden positive operating cash flows of $4.1 million in the June quarter, Base Resources is now solidly in the ranks of mineral sands producers. Further improvements are expected from its Kwale Mineral Sands operation in Kenya.

• Friday, July 25, 2014
  SomnoMed raising up to $7.05M
  

  With sales of its sleep apnea products growing across Europe and the U.S., SomnoMed is raising up to $7.05 million through a $5.55 million share placement and a share purchase plan of up to $1.5 million to double production capacity at its plant.

• Thursday, July 24, 2014
  Hazelwood Resources: Challenging China; Warren Buffett’s #1 Metal
  

  The Chinese are hoarding it, and Warren Buffett is investing in it. Prices and demand have been steadily increasing for years. Tungsten is more than just an extremely hard metal. Indeed, modern life virtually revolves around it and, in most cases, there is no substitute.

• Thursday, July 24, 2014
  Thundelarra Limited raises A$7.5M in oversubscribed placement
  

  Thundelarra is now well-funded for follow up drilling at Red Bore, where DSO grade copper was recently discovered. A 1400 metre reverse circulation program has already received approval. Curara Well is also a focus for the company.