Asian Activities Report for September 28, 2011: Fletcher Building (ASX:FBU) Announce Major Supply Contract for the Queensland Coal Seam Gas Market
Sydney, Sep 28, 2011 AEST (ABN Newswire) - Fletcher Building Limited (ASX:FBU) said today that Iplex Pipelines, which was recently acquired by Fletcher Building, has been awarded a A$120 million contract for the supply of polyethylene pipe to QGC Pty Limited ("QGC") for its Queensland Curtis Island LNG Project. This is a priority project of QGC, a British Gas Group business, to develop Queensland coal seam gas for Australian and international markets.
Integra Mining Limited (ASX:IGR) reported aircore drilling results from reconnaissance drilling in the Mt Monger area. Re-assay of the original samples returned 6 metres at 44.26 g/t gold including 4 metres at 65.40 g/t gold. Follow-up aircore drilling is in-progress to further define targets for deeper RC drilling.
African Iron Limited (ASX:AKI) provides an update on drilling activities at its 92%-owned Mayoko iron ore project in the Republic of Congo. Drilling capacity has now been increased comprising three reverse circulation and two diamond drill rigs. Interim JORC resource update is expected to be released by the end of October.
Alchemia Limited (ASX:ACL) said today that its leading cancer product HA-Irinotecan has received very promising trial results in a Phase II clinical study. Two lung cancer patients have experienced substantial shrinkage of their tumours after only ten days. The current study is examining the effectiveness of HA-Irinotecan, which utilises Alchemia's patented HyACT(R) technology. A Phase III study in colorectal cancer is expected to commence in 2011.
Tata Communications (BOM:500483) has become one of the few global carriers to extend its global IP/VPN service offerings into Pakistan, through a collaboration with Multinet Pakistan Private Limited. The collaboration now makes Tata Communications the largest global Ethernet provider in the world.
Asia Business News
Tata Communications Limited
Integra Mining Limited
Fletcher Building Limited
African Iron Limited