Proactiveinvestors Australia

ARTICLES

• 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
  Wall Street rides record wave among sea of earnings
  

  The S&P 500 hit a fresh all-time-high but stocks finished mixed Thursday on one of the busiest days of the second quarter earnings season yet. Gold and oil eased. The ASX SPI 200 is up eight points to 5540.

• 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.

• Thursday, July 24, 2014
  TZ Limited granted patent for SMArt locking devices
  

  The patent applications for new types of TZ SMArt Locking and Fastening Devices in Australia and Japan offers TZ Limited new device adds value to its intellectual property as well as support new applications for its technology.

• Thursday, July 24, 2014
  Mining Projects Group unearths nickel sulphide drill targets at Roe Hills
  

  The fresh approach by Neil Hutchison, who has form in making nickel sulphide discoveries in Western Australia, looks to have already paid off with a structured plan that has defined ready drill targets below and down plunge from previous nickel sulphide intersections.

• Thursday, July 24, 2014
  Admedus increases interest in Prof Ian Frazer’s vaccines
  

  The decision to increase its stake in Professor Ian Frazer’s Admedus Vaccines, which develops therapeutic vaccines including HSV-2 and HPV to 66.3% from 50.1%. Additional data from the Phase 1 study for the HSV-2 vaccine will be released this quarter.

• Wednesday, July 23, 2014
  SomnoMed hits high gear, sales records for sleep apnea appliances
  

  With total sales for the 2013/14 financial year coming in above guidance at 43,438, SomnoMed has achieved a clear sign of the fast growth path ahead with its sleep apnea appliances in 2014/15 with sales volumes expected to exceed 55,000 units.

• Wednesday, July 23, 2014
  Mining Projects Group banks $1.4m to drill nickel sulphide targets
  

  MPJ is now funded to drill highly prospective nickel sulphide targets at its Roe Hills project, after raising $1.4M from professional and sophisticated investors. Historical nickel sulphide intersections at the project add interest. MPJ is expected to trade higher.

• Wednesday, July 23, 2014
  Phoenix Gold greenlights Kintore West project development
  

  While work is continuing on its Castle Hill Stage 1 project, Phoenix Gold is certainly not sitting on its laurels, approving development of the Kintore West open cut project and award of mining contracts as part of the Castle Hill staged development plan.

• Wednesday, July 23, 2014
  Fox Resources confirms coal seams at Bundaberg Coking Coal Project
  

  The Fox 3 drill hole has confirmed the lateral continuity of modelled coal seams at Fox Resources’ Bundaberg Coking Coal Project in Queensland. It has also intersected thicker upper seams that could increase the current Inferred Resource of 101 million tonnes.

• Wednesday, July 23, 2014
  Aspire Mining to supply Ovoot coal to Zavkhan power station
  

  The non-binding Memorandum of Understanding to sell up to 250,000 tonnes per annum of oxidised coal from the Ovoot Coking Coal Project in Mongolia to Zavkhan Power Station provides Aspire Mining with a potential revenue stream from what would otherwise have been considered waste material.