
Ramelius Resources Limited
ASX:RMS ISIN:AU000000RMS4
News
D'Aguilar Gold Limited (ASX:DGR) is pleased to announce that its subsidiary, Navaho Gold Pty Ltd has entered into a Letter of Intent with Miranda Gold Corp. (CVE:MAD) whereby Navaho Gold may earn a joint venture interest in Miranda's TAZ project in Nevada.
The Australian shares today opened firmer after Wall Street Friday extended gains on US companies' strong earnings. The S&P/ASX200 index rose 0.95 per cent to touch 4500 points level shortly after the opening bell. Gains were led by health sector and consumer staples sector.
The Australian sharemarket eased some early gains and closed slightly higher on Friday. This was the first weekly gain in five weeks while the global markets had been shadowed by China's monetary tightening, worries on US economic recovery stability and sovereign debt issue in Euro zone.
The Australian share market dropped sharply to a three-month low on Friday follwoing the plummet in overseas stocks and commodities prices. About A$31 billion was wiped from the value of stocks after the massive selling in Australian shares. At the close, the benchmark S&P/ASX200 index fell 107.3 points, or 2.32 per cent, to close at 4514.3, while the broader All Ordinaries index lost 111.4 points, or 2.4 per cent, to 4532.7.
As a result of recent exploration successes at its Hawsons Iron Project and Euriowie Tin Project, Carpentaria Exploration Limited (ASX:CAP) is refocusing its exploration activities on these key projects in 2010. Accordingly, the Company announces that it has accepted an offer from BMG to farm-in on Carpentaria's 100%-owned South Dam Iron Project in South Australia.
ABN Newswire stocks to watch today include: Carpentaria Exploration Limited (ASX:CAP), Marion Energy Limited (ASX:MAE) (PINK:MAEJF), Murchison Metals Limited (ASX:MMX) (PINK:MUMTF), Bandanna Energy Limited (ASX:BND), Focus Minerals Limited (ASX:FML) and Metallica Minerals Ltd (ASX:MLM).
Carpentaria Exploration Limited (ASX:CAP) announced today an Agreement with gold producer Ramelius Resources Limited to farm-in on Carpentaria's 100% owned Glen Isla Project, located near Dubbo, New South Wales.
Australian stocks ended flat on Wednesday as shares gave up early gains in the afternoon dragged by banks. Miners advanced as investors were optimistic about the iron ore prices. At the close, the benchmark S&P/ASX200 index was up 1.6 points at 4925.9 points, while the broader All Ordinaries index lifted 7.7 points, or 0.15 per cent, to 4947.2 points.
After a modest setback on Monday, US shares climbed overnight to a fresh high as investors returned to the market on upbeat outlook on the economy. Meanwhile, positive company earnings reports also helped to lift the market sentiment.
US stocks broadly surged on Thursday fueled by the better-than-expected earnings reports. The market's rally pushed the major indexes to their highest closes of the year.
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