Valence Industries is pleased to provide an update on graphite production at Uley in South Australia. Highlights - Production rates increasing - Graphite shipments scheduled to commence over next 6 weeks - High proportion of coarse flake graphite production up to +35 mesh (0.5mm) The production throughput rate at the Company's Uley Graphite(TM [...]
Gascoyne Resources advised that the recent drilling at Gaffney's Find has intersected further shallow high grade gold mineralisation. The prospects are located at the Company's Egerton Project located in the Gascoyne region of Western Australia. The Mt Egerton project has current resources of 116,400t @ 6.4g/t Au at the Hibernian deposit. Stanmore [...]
Aurelia Metals here provides an operational update on the Hera gold-lead-zinc project and its expansion study, together with an update on the Company's financial position, and on the Company's strategy in response. - The Hera Project continues to show incremental operational improvement but is yet to reach design performance. Most recent plant [...]
Aurelia Metals here reports that the Hera Resource Estimate as reported to the ASX in April 2015 has now been revised. Following an independent review of the April 2015 Hera Resource estimate, a coding problem was found which served to overestimate volumes by approximately 12%. As a result the Resource has been re-estimated with this issue resolved [...]
Balmoral Resources advised today that the summer/fall 2015 drill program on the Company's Detour Trend Project in Quebec is underway with several holes already completed. Three drills are now active on the Project and will remain so throughout the summer and fall. The focus of the summer/fall program will be to expand and delineate Balmoral's [...]
Sydney, Australia (ABN Newswire) - The China CleanTech Index underperformed all of its four benchmarks for the month of June 2015 and recorded a loss of 12.9%. This was driven by big losses across all Chinese stocks due to the volatile Shanghai stock exchange. Over the second quarter of 2015, the China CleanTech Index recorded a gain of 1.2 [...]
Archer Exploration is pleased to announce that its initial sampling of the old Spring Creek Copper Mine, located 30km of Wilmington, South Australia, has identified significant copper outside of the previously mined areas. The results of the sampling have confirmed: - the style of mineralisation is not strictly limited to the stratigraphy; and [...]
Gold Miner McEwen Mining announced today that it has fallen below the New York Stock Exchange continued listing requirement related to the price of its common stock. Rob McEwen Chief Owner said "We do not believe that McEwen Mining's current share price is reflective of the true value of the Company's assets. Our share price has been under pressure [...]
Energy Metals announced that a maiden resource of 691 tonnes of Uranium at 556ppm has been obtained for the historical Karins deposit, located approximately 260km northwest of Alice Springs in Central Australia. The deposit lies on a tenement as part of a joint venture between Energy Metals (53.3%), Paladin Energy (41.7%) & Southern Cross [...]
KGL Resources has commenced a 3D - Induced Polarisation (3DIP) & Magnetotelluric (MT) survey in the Bellbird region at Jervois to earch for additional zones of mineralisation in a poorly tested and yet highly prospective zone along the 12km of mineralised strike length at Jervois.
Tiger Resource is pleased to announce that it has agreed terms with Taurus Mining Finance Fund for the refinancing of Tiger's existing secured debt facilities and arrangement of a new facility to fund potential debottlenecking works at the Company's Kipoi Copper Project in the Democratic Republic of Congo. Background The terms agreed with Taurus [...]
Kimberley Diamonds announced that it has received the first AUD$5 million under the terms of a loan agreement entered into with a third party lender, Zhejiang Huitong Auction Co Ltd. Under the terms of the Loan Agreement, Zhejiang has agreed to provide KDL with a total loan of AUD$10 million, with KDL to receive a further AUD$5 million this month [...]