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Western Areas Ltd
Western Areas Ltd (ASX:WSA) (TSE:WSA) is Australia's class leading nickel producer, with high grade nickel production assets in Australia and base metals development projects across Australia, Canada and Finland. Headquartered in Perth, Western Australia, Western Areas is listed on the Australian Securities Exchange (ASX) under the ticker symbol "WSA".
Production is built around two of the highest grade underground nickel mines in the world, Flying Fox and Spotted Quoll, both within Western Area's Forrestania project area in Western Australia. The high grade nature of these two mines, coupled with a consistent track record of meeting production targets, produce significant operating margins.
In this issue: World steel output is showing strong growth again and equity markets break through resistance to reach new rally or all time highs. Non-OECD growth and robust US housing stats are good for the Resources Sector. Read this latest Dawes Points to better understand the global forces that drive resources sector investment.
Alto Metals Ltd (ASX:AME) is pleased to report analytical results from the remaining 10 holes of its maiden 25 hole slimline reverse circulation/aircore program drilled along the Musketeer - Indomitable Shear Zone, and 4 RC holes drilled north of Lord Nelson and Lord Henry to test Induced Polarisation anomalies.
Michael Gable Managing Director and founder of Fairmont Equities brings the latest stock tips for July 18, 2016. Featured stocks include Monadelphous Group, Western Areas, Automotive Holdings Group and Blackmores.
Strandline Resources (ASX:STA) Western Areas Completes Successful Magnetic Survey at Fowlers Bay Goldbase Metal Joint Venture
Strandline Resources Limited (ASX:STA) is pleased to advise that Western Areas Limited (ASX:WSA) has recently completed a detailed magnetic survey over Strandline's 100% owned, 700km2 Fowlers Bay Project. This survey represents the first stage of Western Areas' earn in to Fowlers Bay, a key part of a major exploration push in the Western Gawler region of South Australia.
Kagara Limited (ASX:KZL) is pleased to announce that it has reached agreement with Western Areas NL (ASX: WSA - "Western Areas") to sell its nickel assets in Western Australia, including the Lounge Lizard nickel mine, for $68 million in cash. In addition Kagara will receive fair value for high grade ore stockpiles.
Kagara Limited (ASX:KZL) refers to its recent announcements regarding the proposed sale of its nickel assets, and the related announcement made by Western Areas NL (ASX:WSA) (TSE:WSA) on 13-October-2011 (the WSA Announcement).
Kagara Limited (ASX:KZL) refers to its announcements dated 18 August 2011 and 20 September 2011 regarding its strategic review and the proposed sale of its nickel assets.
Asian Activities Report for April 21, 2011: Atomic Resources (ASX:ATQ) To Acquire Prospective Coal Leases In Tanzania
Asian Activities Report for April 21, 2011 includes: Atomic Resources Limited (ASX:ATQ) signed agreements to acquire coal leases in southwest Tanzania; Western Areas NL (ASX:WSA) announced an update of the Mineral Resource at Flying Fox nickel mine; Mission NewEnergy Limited (ASX:MBT) (NASDAQ:MNEL) announced the pricing of its U.S. public offering; Senex Energy Limited (ASX:SXY) is to test unconventional gas potential in South Australia.
Australian sharemarket closed flat in thin trade on Monday ahead of the release of more earnings reports. But some investors started to return to the market after the massive drops the past four weeks. The benchmark S&P/ASX200 index climbed 7.3 points, or 0.2 per cent, to 4521.4, while the broader All Ordinaries index gained 6.3 points, or 0.1 per cent, to 4538.8.