Arafura Resources Limted
ASX:ARU ISIN:AU000000ARU5
Arafura Resources Limited (ASX:ARU) is a rare earths producer. The Company's principal activities consist of Nolans Project Environmental Impact Statement; mining and associated infrastructure, social and environmental feasibility evaluations, and mineral exploration, definition and development. Its segments include Project evaluation and development segment; Exploration segment, and Corporate segment. The Company's projects include Nolans, Aileron-Reynolds and Jervois. The Company owns 100% interest in the Nolans Project, which is located in Australia's Northern Territory, approximately 135 kilometers north-north-west of Alice Springs. It has a rare earths-phosphate-uranium deposit. The Aileron-Reynolds Project is located on the north-west of Alice Springs, which consists of over seven exploration licenses and covers an area of approximately 2,700 square kilometers. The Jervois JV located on the north-east of Alice Springs has an exploration license covering over 280 square kilometers.
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Australian Market Report of September 13, includes: Arafura Resources Limited (ASX:ARU) has successful produced commercial quality separated Rare Earth Oxides; ABM Resources NL (ASX:ABU) announced Best gold intersections at the Buccaneer Gold Porphyry Prospect; John Holland, a wholly owned subsidiary of Leighton Holdings Limited (ASX:LEI), has been awarded a A$276 million marine contract; Austpac Resources N. L (ASX:APG) has signed an agreement with CMC Cometals Australia for the supply of raw materials.
Australia-based mineral explorer Arafura Resources Limited (ASX:ARU) said based on latest rare earths prices published by Metal Pages, average valuation for rare earths from its Nolan project has increased 100 per cent to US$22.23/kg since the December quarter in 2009.
Wall Street ended its three-day rally after mixed economic data overnight. New claims for unemployment benefits in the US fell for the second consecutive week, but housing starts rose a less-than-expected 1.5 per cent compared with the prior month.
The Australian share market closed lower with a broad-based selling off after Wall Street's tumble. The benchmark S&P/ASX200 index slumped 45.4 points, or 1.2 per cent, at 3755.7, while the broader All Ordinaries index lost 41.4 points, or 1.1 per cent, to 3753.9.
Yesterday Australian shares plunged sharply, dragged by financial stocks as investors feared the UK banks might need to raise more funds. The unfavorable corporate earnings results also weighed down the market. The benchmark S&P/ASX200 was down 1.5%, or 52.6 points, to 3464.3, while the broader All Ordinaries index lost 1.4%, or 49.1 points, to 3412.2.
Arafura Resources Nl (ASX: ARU) - December Quarterly Activities Report - Mr Alistair Stephens, CEO; Arafura Resources Nl (ASX: ARU) present the following audio webcast regarding "ARU - December Quarterly Activities Report - Mr Alistair Stephens, CEO". You may also download this audio webcast to your computer or portable audio player.
Arafura Resources Nl (ASX: ARU) - 2007 Annual General Meeting - Mr Alistair Stephens, CEO; Arafura Resources Nl (ASX: ARU) present the following audio webcast regarding "2007 Annual General Meeting". You may also download this audio webcast to your computer or portable audio player.
Arafura Resources Nl (ASX: ARU) - September 2007 Quarterly Report - Mr Alistair Stephens, CEO; Arafura Resources Nl (ASX: ARU) present the following audio webcast regarding "September 2007 Quarterly Report". You may also download this audio webcast to your computer or portable audio player.
Arafura Resources Nl (ASX: ARU) - Nolans Project Pre-Feasibility Study - Mr Alistair Stephens, CEO; Arafura Resources Nl (ASX: ARU) present the following audio webcast regarding "Nolans Project Pre-Feasibility Study". You may also download this audio webcast to your computer or portable audio player.
Arafura Resources Nl (ASX: ARU) - June 2007 Activities Report - Mr Alistair Stephens, CEO; Arafura Resources Nl (ASX: ARU) present the following audio webcast regarding "June 2007 Activities Report". You may also download this audio webcast to your computer or portable audio player.
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