Atlas Iron Limited (ASX:AGO) is pleased to announce that the first phase of the rail Alliance study with Aurizon Operations Limited and Brockman Mining Limited (ASX:BCK), has been completed. The study sought to provide a preliminary evaluation of a new, independent, multi-party railway to connect iron ore mines in the East Pilbara to Port Hedland.
Dynasty Metals Australia (ASX:DMA) welcomes the latest joint announcement by Brockman Resources (ASX:BRM) / Atlas Iron (ASX:AGO) / QR National (ASX:QRN) that three parties have entered into an Alliance Study Agreement to undertake "a joint evaluation of a fully integrated mine, rail and port logistics solution in Western Australia's East Pilbara region."
Asian Activities Report for August 30, 2011 includes: Northern Manganese Limited (ASX:NTM) has engaged CSIRO to work on a program to assess the impacts of seafloor exploration and mining; Voyager Resources Limited (ASX:VOR) announced further results from its Cughur Discovery at the KM Copper Porphyry Project in southern Mongolia; Aphrodite Gold Limited (ASX:AQQ) has received the remaining gold assay results from the Chameleon Gold Prospect; Brockman Resources Limited (ASX:BRM) has identified a significant new deposit of hematite mineralisation at the Sirius prospect; Monax Mining Limited (ASX:MOX) has completed a heritage clearance over six key drill sites at its Punt Hill copper-gold project in South Australia.
Ferraus Limited (ASX:FRS) (PINK:FRRAF) notes the announcement by Wah Nam International Holdings Limited (HKG:0159) on 10 June 2011 that it has declared its off-market takeover offer for Brockman Resources Limited (ASX:BRM) will not be extended beyond 15 June 2011. FerrAus also notes Brockman's response welcoming the conclusion of the Wah Nam bid.
On 10 November 2010, Wah Nam International Holdings Limited (HKG:0159) (ASX:WNI) announced its intention to make an unsolicited takeover offer (Offer) for FerrAus Limited (ASX:FRS), via a wholly owned subsidiary. On the same day, Wah Nam also announced its intention to make a simultaneous, unsolicited offer for Brockman Resources Limited (ASX:BRM).
Australian Market Report of December 3, 2010 includes: Winchester Resources (ASX:WCR) to acquire high grade Indonesian manganese project; Chesser Resources Limited (ASX:CHZ) has received further positive gold assay results from in northwest Turkey; Terrain Minerals Limited (ASX:TMX) is to sell the Coogee Gold Deposit for A$1.17m to New Global Mining Limited;
As previously communicated, FerrAus Limited (ASX:FRS) (PINK:FRRAF) received an unsolicited takeover offer from a wholly owned subsidiary of its major shareholder Wah Nam International Holdings Limited (HKG:0159) on 10 November 2010.
The Australian shares opened slightly higher today while bargain hunting Friday helped Wall Street snap the losing streak. Today both the S&P/ASX200 index and All Ordinaries index gained more than 0.8 per cent shortly after the market opened.
Dynasty Metals Australia Limited (ASX:DMA) is pleased to provide a Quarterly Activities Report for the period ending 31 March 2010.
The Australian shares Wednesday opened stronger with 0.6 per cent in early trade. The market rose on hope of an overall corporate earnings recovery and on higher commodities prices. The Australian dollar was also up this morning as investors' risk appetite increased. Asian stock markets mostly rebounded yesterday. China's Shanghai Composite closed flat after a massive drop in previous trading session, with property shares remained weak.
