Mining stocks have pulled the ASX200 down 0.5% to 5,860.8 points.
Find out which graphite play has drawn investor attention with its binding offtake agreement.
The value of the proposed merger with Cirrus Networks has been demonstrated by its securing $4.6 million in new contracts.
Further growth is expected with a strong sales pipeline and expansion into new industries.
Follow-up drilling will begin by the end of May at the Red Hill Prospect, which is part of the Broken Hill Joint Venture Project.
Recently high grade copper-nickel-platinum group metal mineralisation was discovered.
Peninsula Energy's construction of its Lance Uranium projects are on budget and schedule in Wyoming, with first production scheduled in 2015.
The long term uranium price has risen in recent months.
The binding 20-year offtake agreement worth at least US$2 billion with Yichang Xincheng Graphite is a major milestone for Triton Minerals.
Possibly one of the world’s largest and longest graphite supply contracts in the graphite industry, it positions the company for rapid development of its Mozambique projects.
The joint venture with Port Exploration over the Pardoo Project will allow Segue Resources to focus on its flagship Plumridge Nickel Project.
Port will carry out up to $500,000 worth of exploration on Pardoo over the next two years.
Exploration has identified shallow exploration targets that could host more than 130,000 tonnes averaging 40% manganese or more.
Eclipse Metals will test the targets at Upper Kandanga with a program of 11 angled diamond drill-holes.
The new licence is prospective for porphyry copper-gold mineralisation and is located in a region with easy access and development infrastructure.
Initial work will include a more detailed literature search on previous exploration and a ground assessment.
Development of the Watershed Tungsten Project is proceeding with JOGMEC working to pair Vital Metals with a Japanese partner with a need for tungsten and the ability to assist with project finance.
The project has one of Australia’s largest recoverable tungsten Ore Reserves of 21.3Mt at 0.15% WO3.
All conditions relating to the grant of the two graphite licences in Mozambique that Mozambi Resources is acquiring have now been met.
The licences are close to Triton Minerals’ Nicanda Hill Project and Syrah Resources’ Balama Project.
The binding agreement covers a 45 square kilometre graphite project area in the Ancuabe district.
AMG has recently taken the strategic decision to restart mining activities, which could support Triton Minerals as it moves towards graphite production in Mozambique.
Botswana Metals strategically located tenements have the potential for cash flow in less than a year, as joint venture partner and local nickel mining and smelting company BCL Limited is running out of ore.
Maibele North will have a JORC 2012 resource in early April 2015.