Press Releases

Distributed: Aug 12, 2011

Alerts Login
loading.........

Share on StockTwits  
View in Other Languages 4740 3788 3657 3627 3375 

Sydney, Aug 12, 2011 (ABN Newswire) - Newly ASX-listed rare earths company Strategic Elements Limited (ASX:SOR) has expanded its search for rare earths and rare metals to Ireland by applying for six prospecting licenses for exclusive rights to rare earths, rare metals and gold covering 150 square kilometres. However, the company's immediate focus is in New Zealand. It has exclusive coverage of over 875 square kilometres of ground where the Company is seeking to prove a new rare earths/metals province.

Dragon Mining Limited (ASX:DRA) has received the first results from the drilling campaign on the Hangaslampi gold deposit at the Kuusamo Gold Project in northern Finland. Analysis of four holes has returned a series of intercepts, including 5.00m at 3.40 g/t gold, 2.50m at 9.33 g/t gold and 4.70m at 2.11 g/t gold. The current Hangaslampi gold deposit is 55,700 ounces grading 6.2 g/t gold. Drilling at Hangaslampi re-commenced in May 2011 with an aim to test the extensions of identified mineralisations.

Canyon Resources Limited (ASX:CAY) has entered into an agreement to purchase the Wilier Project in eastern Burkina Faso. The acquisition increases Canyon's total exploration area to 3,010 km2 in four separate project areas. The Wilier Project is located in a highly prospective area and adjacent to the 2.5 million ounce Samira Hill gold mine and the 1.1 million ounce Youga gold mine.

Whinnen Resources Limited (ASX:WWW) has commenced its maiden drilling program at the Nany-Varas gold project in Northern Chile. The initial drilling program, comprising 3,000-4,000 metres of diamond drilling, will test multiple gold-bearing zones along a 1km strike. Analysis of the sampling results returned a best grade of 21g/t gold.

Piramal Healthcare (BOM:500302) and Vodafone Group (LON:VOD) announced that Piramal has agreed to purchase approximately 5.5% of the issued equity share capital of Vodafone Essar Limited for a cash consideration of approximately US$640 million. Piramal Healthcare is one of India's largest healthcare companies with assets across North America, Europe and Asia. It sells anaesthesia products to over 100 countries. Recently, the company also entered into financial services sector.


Share on StockTwits  

Contact

Asia Business News
Sydney Tel: +61-2-9247-4344
Tokyo Tel: +81-3-6868-3802
http://www.abnnewswire.net

  Related Companies

>>>              Canyon Resources Limited
>>>              Dragon Mining
>>>       Piramal Healthcare Limited
>>>       Strategic Elements
>>>         Vodafone Group plc
>>>              Whinnen Resources Limited

  Related Industry Topics:

Telecom Carriers | Metals | Financial General | Health & Pharm General | Manufacturing General | Materials General | Mining | Australian Economy | Gold | Rare Earths | Market Reports | 

  This Page Viewed:  (Last 7 Days: 36) (Last 30 Days: 151) (Since Published: 4740) 

47400 37880 36570 36270 33750  (19187)

   

  ABN Newswire on Social Media

Canyon Resources Limited
2011.11.02  12:00 Asian Activities Report for November 2, 2011: DuluxGroup (ASX:DLX) to Merge Business with Camelpaint for Future Expansion in China
2011.09.08  12:07 Asian Activities Report for September 8, 2011: Encounter Resources (ASX:ENR) Announce Significant Recent Advances at the Yeneena Copper Project
2011.04.07  12:00 Asian Activities Report for April 7, 2011: Uranex NL (ASX:UNX) Commence Exploration At Songea Coal Project In Tanzania
2011.02.21  12:21 Australian Market Report of February 21, 2011: Prima BioMed (ASX:PRR) To Commence Clinical Trial For Ovarian Cancer Immunotherapy Vaccine
2010.12.10  13:30 Australian Market Report of December 10, 2010: Golden West Resources (ASX:GWR) to Acquire Highly Prospective Gold Tenement in Senegal
Dragon Mining
2012.03.18  09:27 Australian Resources Go To New York - Casimir Capital's 2nd Australian Resources Conference
2011.11.03  12:00 Asian Activities Report for November 3, 2011: Morning Star Gold NL (ASX:MCO) Resumes Underground Mining at the Historic Morning Star Goldmine
2011.10.20  12:00 Asian Activities Report for October 20, 2011: Hawkley Oil and Gas (ASX:HOG) Announces Three-Fold Increase in 2P Reserves
2011.05.27  12:30 Asian Activities Report for May 27, 2011: Dragon Mining (ASX:DRA) Secures 100% Of The Svartliden Gold Mine In Sweden
2011.03.11  12:04 Australian Market Report of March 11, 2011: Aquila Resources (ASX:AQA) To Target 2Mtpa Operation At Avontuur Manganese Project In South Africa

Site Search

 
 ENGLISH   All Languages
Send A Press Release
Webcast Your Annual General Meeting

Mobile Video TV

qrcode
Scan with your Mobile Phone to view ABN Newswire Video Channel on Mobile