GoviEx Uranium announced today the completion of its previously announced transaction to acquire the uranium mineral interests of African Energy Resources in Zambia . See GoviEx's news release dated March 6. Govind Friedland, Executive Chairman of GoviEx, commented, "The combination of African Energy's Chirundu and Kiraba Valley tenements with GoviEx's Mutanga Project finally unites these neighbouring properties, and [...]
Sydney, Australia (ABN Newswire) - Asian Activities Report for November 10, 2011 includes: Kula Gold Limited (ASX:KGD) says today that drilling confirms further high grade gold mineralisation immediately east of the 685,000 ounce Kulumadau Resource at its Woodlark Island Gold Project in Papua New Guinea; Kidman Resources Limited (ASX:KDR) has received initial assay results from the first 6 holes of the recently completed [...]
11:45 AEST Feb 22, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - Stonehenge Metals Limited (ASX: SHE) said that the Company's Mineral Resource Estimate for its wholly owned Daejon ...
13:30 AEST Dec 14, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.
Sydney, Australia (ABN Newswire) - Mindoro Resources Limited (ASX: MDO) today announced that hydrometallurgical test results have demonstrated exceptionally fast leaching rates with high nickel and cobalt recoveries from its Agata nickel laterite project in the Philippines. Results demonstrated exceptionally fast leaching rates, with nickel extractions of 98 percent within 20 minutes. Beneficiation tests indicate 20% upgrade to limonite and the potential for very low processing cost operation.
ZYL Limited (ASX: ZYL) has successfully completed a private placement of shares to raise approximately A$4.7 million. Funding will accelerate the development of the Kangwane Anthracite Project and enable ZYL to fast-track its ownership interest in the Project. The Kangwane project is ideally located to take advantage of both the internal South African anthracite market and the export anthracite market. The Company is advancing its corporate objective of becoming a coal producer focusing on high quality metallurgical coal.
African Energy Resources Limited (ASX: AFR) has continued to intersect thick, near-surface coal seams over a large area at the Sese coal project in northeast Botswana. 43 reverse circulation percussion holes and 25 diamond drill core holes have been completed within an area of approximately 70km2. The average main seam thickness is 11m with an average depth to the top of this seam of 52m. Drilling will be completed by the end of the week. The Company expects to announce an initial inferred resource at the end of Q1 2011.
Maryborough Sugar Factory Limited (ASX: MSF) has completed an institutional placement to raise approximately A$38 million at an issue price of A$3.15 per share. The Placement facilitates the company's entry into the Northern Milling Joint Venture and will be used to partially fund the the company's acquisition of the assets. The raising was supported by existing shareholders and has allowed for the introduction of some new high quality institutional investors onto the register.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/04/10 -- African Metals Corp. ('AFR') (TSX VENTURE: AFR)(FRANKFURT: OWW) is pleased to report that it has secured the services of two companies to conduct follow-up drilling at the Luisha South Project. Magnum Drilling Sprl has been engaged for 700 metres of reverse circulation (RC) percussion drilling, whilst Rubaco Sprl has been engaged for 1000 metres of diamond core
13:30 AEST Sept 29, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - Lynas Corporation Limited (ASX: LYC) (OTCQX: LYSDY) signed a new supply agreement with a major Japanese Rare Earths ...
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/27/10 -- African Metals Corporation (TSX VENTURE: AFR)(FRANKFURT: OWW) ('AFR') is pleased to provide an exploration update on its on activities at its project in the Democratic Republic of the Congo.
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