Pan Asia is pleased to confirm it has now received US $4,500,000 from the settlement of the Ranrich Investment Ltd loan. These funds are repayment of a loan made to Ranrich in 2010. As part of the settlement, the Company also reached agreement to exchange its right to earn a 50% interest in the BCKP concession, for a royalty of US $1 per tonne on [...]
Galaxy is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange and is a S&P/ASX 300 Index Company. Galaxy wholly owns the Mt Cattlin project near Ravensthorpe in Western Australia where it mines lithium pegmatite ore and processes it on site to produce a spodumene concentrate and [...]
Focus Minerals, a leading Australian gold producer and explorer, is pleased to update the market with preliminary results from its recent infill drilling program at its 100% owned Treasure Island Gold Project on Lake Cowan. Assay results for 105 infill holes have been received to date, with approximately 50% of the holes returning anomalous gold [...]
Australian mineral exploration company, Venture Minerals, is pleased to announce a maiden resource statement for the recently discovered Riley Creek Direct Shipping Ore Deposit at the Company's Mt Lindsay project in Tasmania. The new resource sees Venture double its overall DSO resource base to 4.4mt @ 57% Fe. This is a major development for [...]
Atlas Iron Limited is pleased to advise that its Pardoo and Wodgina DSO mines are back up and in operation following the passing of Tropical Cyclone Lua over the weekend of 16 - 18 March 2012. Tropical Cyclone Lua passed over Pardoo station approximately 100kms east of Atlas' Pardoo DSO mine. As a result, Atlas' Pardoo DSO mine was not in the [...]
Padbury Mining Limited and Aurium Resources are pleased to announce more highly encouraging results from the recent DSO evaluation drilling program at the Telecom Hill East and Mt Padbury target areas at the Peak Hill Iron Project Joint Venture. The reverse circulation percussion drilling program was successful at targeting hematite and goethite [...]
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. 'Building on last year's resounding success, this event will connect 30 premier Australian mining companies [...]
The Board of Queensland Mining Corporation welcomes the appointment of Robert (Bob) Besley as a non-executive director. Mr Besley is a highly respected geologist with over 45 years experience in the minerals industry in Australia and internationally. Bob holds a BSc (Hons) in Geology from the University of Adelaide. He has been involved in managing [...]
Your directors present this report on Queensland Mining Corporation and its subsidiaries for the six month period ended 31 December 2011. During the last 6 months, QMC has refined its proposed drilling program for 2012 in the light of further detailed analysis of its current resources and has undertaken detailed preliminary work on updating the [...]
The Directors of Birimian Gold Limited submit their report for the half-year ended 31 December 2011. The Group's net loss after taxation attributable to the members of Birimian Gold Limited for the half-year ended 31 December 2011 was $936,632 (2010: $375,762)
The Board of Toro Energy Limited would like to thank shareholders who participated in the recent Share Purchase Plan which closed on 6 March 2012. The SPP has raised $5.3 Million at $0.08 per share. The Board has determined that no scaleback will be applied to acceptances. The allotment of the SPP shares will occur today, Friday 16 March 2012.
Focus Minerals, a leading Australian gold producer and explorer, is pleased to report a strong result for the half year ended 31 December 2011. Highlights: Total 1H gold production more than doubles to 80,921oz (1*), up from 36,339oz in the previous corresponding period. Consolidated Revenue for 1H 2012 of $104.5M, 113% up from $48.8m for 1H 2011 [...]