Company Updates
Cobar Consolidated Resources Limited : 25 Jun 2012 Silver Hedging
Cobar Consolidated Resources Limited (ASX:CCU) advised today that it had closed out and replaced 1.8 million ounces of silver hedging at an average price of $29.63 per ounce. The contract maturity profile has been maintained and the transaction has generated approximately $5.2 million in cash. These funds will be used to support the Company’s working […]
Apollo Minerals (ASX:AON) delivers maiden 72Mt Resource at Commonwealth Hill
ASX-listed Apollo Minerals Limited has achieved a major milestone at its wholly owned Commonwealth Hill iron ore project in South Australia as it continues its transition from explorer to developer. Apollo has announced a maiden JORC estimate of 72 Mt @ 25.9 Fe at its Sequoia deposit, the smallest of its four iron ore targets […]
Vocus in 6th Place for BRW Fast Starters 2012
Vocus is delighted to announce it has made it onto the BRW Fast Starters List in 6th place. This is the third time Vocus has made the list, from 28th place in 2008-09, then climbing to 9th place from 2009-10 and now 6th place 2010-11. James Spenceley, Vocus CEO – “We are proud of our […]
Gold Anomaly Limited (ASX:GOA) Secures Up To $7.6 Million Funding
Gold Anomaly Limited (ASX:GOA) has secured funding from Bergen Global Opportunity Fund, LP (“Bergen”), a US-based institutional investor managed by Bergen Asset Management, LLC (“Bergen Asset Management”), under a Convertible Security Agreement executed today (“the Agreement”). Under the Agreement Bergen will invest up to $7.6 million in the Company with the funding to be used […]
Broken Hill Prospecting Ltd Quarterly Report for the Period to 30 June 2012
Broken Hill Prospecting Limited (‘BPL’) is pleased to provide the following report on corporate news and exploration activities undertaken at the Company’s project (Fig. 1) during the three month period ending 30 June 2012. Additional information about the Company is available on BPL’s website at www.bhpl.biz. —— To view full article, please click the link […]
Artemis Resources in Major Acquisition
Perth-based gold and base metals explorer Artemis Resources has announced the acquisition of highly prospective tenements in the West Pilbara and Yandal Greenstone Belts in Western Australia. In what is primarily an all-share deal, ASX-listed Artemis will acquire 100 percent of Karratha Metals, a company which has interests in 45 tenements in the region. The […]
Industrial Companies Were the Big Winners on the ASX Yesterday with the S&P / ASX 200 Industrials Index (Index: (AXNJ) (ASX: XNJ) Climbing 2.3%
Vocus Communications Limited (ASX: VOC) jumped 9.9%, or 16 cents to close at $1.77. Like many stocks, Vocus has seen its share price hammered in the last month, falling 16%. There has been no particular reason for the share price falls, and little change in its underlying business strength. As we mentioned in our weekly […]
FYX Mystery Solved – Maxnet’s New Australian Owner Speaks Out
Vocus Communications [ASX: VOC] says it has entered into a binding agreement to acquireMaxnet, the New Zealand ISP and data centre and cloud services provider, for $9.5 million. In a statement, Maxnet said it expects to generateebitda of $2m in its 2013 financial year. —— To view the full article, please click here.
Cobar Consolidated Resources Begins Silver Ore Treatment in Cobar Basin
Cobar Consolidated Resources (ASX: CCU) has fed the first ore into the feed preparation circuit, a milestone as the company makes the transition to production at the Wonawinta Silver Project. Wonawinta is the most advanced of Cobar’s projects in the Cobar Basin, in western New South Wales. —— To view the full article, please click […]
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