Cardinal Resources Ltd (ASX:CDV) (OTCMKTS:CRDNF) is pleased to announce the appointment of Mr Erik Palmbachs as the Company's Chief Financial Officer.
St Barbara Limited
St Barbara Limited is engaged in mining and sale of gold, mineral exploration, development, and investments in Australia. The Company focuses on gold production, the extension of mine at Southern Cross operations, development of operations at Leonora and exploration for gold adjacent to existing operations at Southern Cross and Leonora, as well as for nickel, copper and zinc, all within Australia. Production at Southern Cross totaled 157,477 from the Marvel Loch underground mine and a number of open pits, including Hercules, Grand National and Norton (Nevoria). In May 2008, the Company disposed of St Barbara Pastoral Co. Pty Ltd (SBP), a 100%-owned subsidiary.
The technical evidence is mounting for a significant change in market sentiment for gold and the gold sector in North America and in Australia. The evidence may still be tentative but important changes seem to be underway in a number of markets.
Casimir Capital, a leading investment bank specializing in natural resources, has announced the 2nd Annual Casimir Capital Global Australian Mining Conference, which will take place on March 26th at the Waldorf Astoria Hotel in New York City.
Asian Activities Report for May 25, 2011: Northern Iron Limited (ASX:NFE) Announce Significant Reserves Upgrade At Sydvaranger Project
Asian Activities Report for May 25, 2011 includes: Northern Iron Limited (ASX:NFE) announced a 42% increase in probable ore reserves at Sydvaranger project in Norway; CGA Mining Limited (TSE:CGA) (ASX:CGX) said today that its Masbate Gold Project has poured 10 tonnes of gold; St Barbara Limited (ASX:SBM) has commenced gold production from King of the Hills underground mine in Western Australia; C @ Limited (ASX:CEO) has identified five prospective coking and high energy thermal coal project opportunities in Indonesia.
ADX Energy Limited (ASX:ADX) Announce Divestment Of Gold, Copper And Nickel Projects And IPO Of Riedel Resources Limited
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) are pleased to provide an update in relation to the proposed divestment and Initial Public Offering "IPO" of the Company's mineral assets portfolio. This strategy is in-line with the previously stated intention of ADX becoming a highly focused energy company while ensuring that the necessary capital is secured to finance the exploration and development of its highly promising gold and base metals tenements.
The Australian market opened slightly higher on Tuesday. Wall Street posted modest gains overnight as investors focused on the company earnings reports and shrugged off the weak housing data.
US stocks ended flat overnight in light trade volumes as the market was awaiting the economic data this week. The Dow Jones Industrial Average edged higher to its highest close in more than nine months.
Yesterday the Australian market closed lower even it rebounded after news the US Government may end up owning as much as 40% of Citigroup's common stock. The benchmark S&P/ASX200 index ended down 1.5%, or 51.2 points, at 3351.2, while the broader All Ordinaries index shed 1.5%, or 48.9 points, at 3304.1. Today the local stocks are expected a fresh low level on the massive lost in Wall Street.
St Barbara Mines Limited ASX: SBM - Paydirt Gold Conference Presentation - Mr Peter Thompson, GM Exploration
St Barbara Mines Limited (ASX: SBM) - Paydirt Gold Conference Presentation - Mr Peter Thompson, GM Exploration; Boardroomradio is pleased to announce that St Barbara Mines Limited (ASX: SBM) has published an audio file.