Stonehenge Metals Limited (ASX:SHE
), an Australian-based company with a pipeline of uranium prospects in South Korea, has commenced a preliminary pit optimisation to help identify key areas for resource upgrade. The Company has also commenced a metallurgical test program, focusing on extracting the full potential value of the ores from the Daejon Project. Latest metallurgical test work has delivered 90% Uranium and 68% Vanadium extraction.
Robust Resources Limited (ASX:ROL
) has completed the acquisition of JAMM Investment Consolidations Pty Ltd, a company that holds a highly prospective portfolio of copper-gold exploration assets in the Philippines. The Board of Robust Resources has approved a A$2.67 million exploration budget to commence drilling at the Ganymede prospect during this quarter.
New Hope Corporation Limited (ASX:NHC
) says today that the Company has received a number of preliminary and incomplete takeover proposals from third parties and will commence a formal process to invite selected parties to submit proposals to the Board for its consideration. The process is expected to take several months and may or may not result in a proposal being made or recommended by the Board.
Avenue Resources Limited (ASX:AVY
) has entered into a conditional agreement to acquire 100% of the issued shares in Triumph Tin Mining Limited. Triumph has signed a binding Letter of Intent with Lara Exploration Ltd (CVE:LRA
) to explore and develop Lara's tin projects in northwest Brazil.
Plentex Limited (ASX:PRM
) has signed a conditional agreement for the acquisition of all the shares in Organic Fuels Algae Technologies LLC, a US-based leading algae technology company. The acquisition will provide Plentex with a critical competitive advantage as it pursues its objective of becoming a leading global producer of sustainable, algae-based raw materials for the renewable fuel and energy, livestock feed and nutraceutical industries.
FINANCE VIDEO: Lara Exploration (CVE:LRA) Chairman and CEO Miles Thompson Speaks at China Mining 2010
China Mining Association Presents the China Mining Conference 2010
Dart Energy Limited (ASX:DTE) Announce Non-Renounceable Entitlement Offer To Raise A$100M
WestSide Corporation Limited (ASX:WCL) Chairman Address to the 2010 Annual General Meeting
Brickworks Limited (ASX:BKW) Review of Results For The Year Ended 31 July 2010
Australian Market Report of September 14, 2010: Sundance Resources Limited (ASX:SDL) and China Harbour Engineering Enter Into Memorandum of Understanding (MOU)
WestSide Corporation Limited (ASX:WCL) Emerges As New Force In Coal Seam Gas With Finalisation Of Dawson Acquisition
New Appointments Strengthen WestSide Corporation Limited (ASX:WCL) Board To Guide Next Growth Phase
Stonehenge Metals Limited
Robust Resources Limited
New Hope Corporation Limited
Lara Exploration Limited
Avenue Resources Limited