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RBS Round Up: 19 October 2010

RBS Round Up: 19 October 2010 ...


RBS Round Up: 13 September 2010

RBS Round Up: 13 September 2010 ...


Altona Mining Roseby Drilling Commences

Altona Mining Limited (“Altona”) (AOH) today announced that Mount Isa Mines Limited (“Xstrata”) has commenced drilling at the Scanlan and Blackard deposits at Altona’s 100% owned Roseby pr...


Jupiter Mines Tshipi Rights Granted

Jupiter Mines Limited (JMS) is pleased to report that the South African Department of Mineral Resources has approved the transfer of the ownership of the mining rights from Ntsimbintle to the Tshipi...


SDL and CAC Sign MOU for African Rail

China-Africa Construction Limited (“CAC”) and Sundance Resources Ltd (“Sundance”) are pleased to announce that they have entered into a Memorandum of Understanding (“MOU”) to establish t...


MCC Share Purchase Plan Opens Today

Macarthur Coal’s Share Purchase Plan (SPP) opens today and closes at 5.00pm (AEST) on Tuesday 5 October 2010. As announced on 24 August 2010, Macarthur Coal Limited (MCC) is offering eligible s...


Centaurus Metals To Raise $18M

Centaurus Metals Limited (CTM) (“Centaurus” or “the Company”) is pleased to advise that it will raise up to $18 million to accelerate growth at its Brazilian Iron Ore Projects. The funds ...


Eldorado Withdraws Andean Resources Proposal

Eldorado Gold Corporation ("Eldorado" the "Company" or "we") today announced that it has elected not to proceed with its proposal to acquire Andean Resources Limited (“Andean”) . Paul Wright,...


Cape Lambert Resources Commences Legal Action

Australian resources and investment company, Cape Lambert Resources Limited (“Cape Lambert” or the “Company”) (CFE) wishes to advise the market that it has commenced legal action against MCC A...


GGG: Greenland Discussions Progress

We refer to the current suspension of Greenland Minerals and Energy Limited (“GMEL” or “the Company”). The Australian Securities Exchange Limited (ASX) has requested the reinstatement of the...


Consolidated Tin Mines Mineral Development Licence

Australian tin exploration and development company Consolidated Tin Mines (CSD) is pleased to announce that the Queensland state government has now granted the Windermere Project (Mineral Developmen...


Mutiny Gold Iron Ore Production Potential

Mutiny Gold Limited ( MYG “Mutiny” or “the Company”), is pleased to provide a further update on its Gullewa acquisition with an overview of the significant iron potential of the Gullewa Proj...


Riviera Resources Brazilian Mining License Approval

Riviera Resources Limited (RVE) has been advised by South American Ferro Metals Limited (SAFM) that it has received Brazilian State Environmental Committee approval for ‘Installation and Operation...


Worrior 7 On Line

Worrior7 OnLine We are please to inform shareholders that the Worrior7 well has been tied into the Worrior Oil Field facilities. The well commenced production at 2,300 barrels of oil per day (100% Joi...


Windermere Oil Project Update

WINDERMERE OIL PROJECT UPDATE Bass Strait Oil Company Ltd ( BAS) is pleased to provide the following update on progress at the Windermere oil project. Windermere is located in permit PEP 167, in the o...


Significant Reserves Identified at Cambay Field India

SIGNIFICANT RESERVES IDENTIFIED AT CAMBAY FIELD, INDIA Summary Cambay Field Reserves and Contingent Resources significantly upgraded Successful completion of detailed technical studies to unlock poten...


Longhorn and Ipanema Operations and Production Update

LONGHORN IPANEMA AMI UPDATE Aurora Oil Gas Limited (Aurora) is pleased to provide the following update on production at the Longhorn Area of Mutual Interest (AMI) and operations at the Ipanema AMI wit...


BHP Licence Validity Confirmed

Security of tenure of the Mumbwa prospecting licence held by BHP Billiton on behalf of the JV has been confirmed in writing by the Zambian Ministry of Mines and Minerals Development. BHP Billiton...


Northern Star Paulsens Mine Record Month

Northern Star Resources (NST) is pleased to advise that it has enjoyed another bumper month at its recently-acquired Paulsens Gold Mine in Western Australia, with the project beating both internal b...


Pike River's Export Shipment to Set Sail

Pike River Coal’s second export shipment of approximately 20,000 tonnes of premium hard coking coal worth around $6 million is scheduled to depart Port of Lyttelton later today for India. Pike ...


MMW: Mineral Resource Estimate Update

Magma Metals Limited (ASX  TSX MMW) (Magma or the Company) is pleased to advise that AMEC Americas Limited (AMEC) has completed an independent update of the Mineral Resource Estimates for the Thunder...


Eurogold Loan Repayment

Eurogold Limited advises that it exercised its Tanami Gold NL rights entitlement at a cost of $2,373,327 and thereby has retained its 3.71% shareholding. Tanami has in turn repaid Eurogold's $5,0...


Redstone Resources $4M Capital Raising

Redstone Resources Limited (RDS) is pleased to announce that it has today finalised capital raising of $4 million (before costs). Due to overwhelming support the Company has obtained commitments for...


Heemskirk to Allow NQM Offer to Lapse

Following a review by the Voting Directors of Heemskirk, the Company today announces that it will allow the Heemskirk takeover offer for North Queensland Metals Limited (NQM) to lapse on 10 Septemb...


Castle Minerals Koda Hill Strong Gold Anomaly

Castle Minerals Limited (CDT) is pleased to announce that infill soil geochemical sampling testing the Koda Hill target has confirmed a strong and coherent gold anomaly over 2km of strike which is r...


Northern Star Slashes Debt

Northern Star’s current cash at bank $7.5 million Overview Northern Star Resources Ltd (NST) is pleased to advise that the bumper start to its ownership of the Paulsens Gold Mine in Western Austra...


Blina Diamonds Placement

The Board of Blina Diamonds NL ( BDI) (“the Company”) is pleased to advise that it has received firm commitments to subscribe for a total of 136,363,636 ordinary fully paid shares at an issue pr...


Transit Holdings Haemetite Targets Defined

The Board of Transit Holdings (TRH) is pleased to advise that fieldwork is continuing at the Johnston Range Project where the Company holds over 200km2 of Exploration Licences which contain a 35 km...


AEC Board Rejects CPB Revised Offer

Ammtec Limited (“Ammtec” or the “Company”) announces that its Board of Directors unanimously recommends that its shareholders REJECT the revised offer for their shares from Campbell Brothers...


Operational Update Mako Energy

OPERATIONAL UPDATE HIGHLIGHTS • Re-listed on 24 August 2010, after closing its Prospectus fully oversubscribed after raising $4M. • Acquired Harness Petroleum Inc and 100% ownership of JV a...


PepinNini Minerals Drilling Commences in Queensland

PepinNini Minerals Limited has commenced a reverse circulation (RC) drilling program at its Forsayth and Percyville Projects in north Queensland. Twenty eight boreholes are planned to investigate h...


PNX: Mountain of Light Production Commenced

Mountain of Light Project Recommissioned Phoenix Copper Limited (Phoenix Copper or Company) has produced its first copper product – ahead of schedule, from the refurbished and redesigned Mountain ...


Finders Fully Subscribed Capital Raising

Finders Resources (FND) (“Company” or “Finders”) is pleased to announce it has received firm commitments from investors for a share placement to raise gross proceeds of AUD$20.95 million. U...


WPG Port Pirie Land Purchase

Western Plains Resources Limited (WPG) is pleased to advise that Land Management Corporation (LMC) has agreed to sell, and WPG has agreed to buy, a vacant parcel of land in Port Pirie on which WPG pro...


Aurora Minerals Exploration Update

Multiple “conductors” identified from EM survey which will add to priority targets selected for follow-up drilling RC drilling is expected to commence in early October, subject to regulatory ...


Mineral Deposits Acquires Equity Position in Oromin Explorations

Mineral Deposits Limited (MDL, TSX: MDM) today announced it has agreed to acquire 18,699,500 common shares (the “Oromin Shares”) in Oromin Explorations Ltd (“Oromin), representing approximatel...


GGE Napoleonville Salt Dome Update

Napoleonville Dugas Leblanc 1 Well, Assumption Parish, Louisiana, 15% WI Further to previous announcements Golden Gate provides an update of the well control operations being carried out by Mantle O...


Quest Minerals Significant Drilling Results

• RC Drilling over 2,600m confirms 3.2km of 9.2km strike extent of significant high grade iron, vanadium, titanium at 100% owned Victory Bore tenement • High grade magnetite and vanadium resu...


GMM Drilling to Commence in Mongolia

Drilling to commence at Uvs potash project in Mongolia Uvs Basin Project - Mongolia (Potash; lithium & potassium brines exploration - GMM 100%) The project comprises 5 granted exploration lic...


Mako Energy Harness Petroleum Acquisition

Mako Energy Limited (MKE “Mako”) has today announced that it has accepted offers from all Harness shareholders to acquire 100% of its Joint Venture partner. The acquisition will be effected b...


Sphere Recommended A$2.50 per Share Cash Offer by Xstrata

Highlights: • Premium of 73% to the 30-trading day volume weighted average price and 61% over the closing price of A$1.55 per Sphere share on 23 August 2010 • Unanimously recommended by Sp...


Clean Global Energy Indian Project

The Board of Clean Global Energy Limited [CGV] is pleased to update the market on our company’s underground coal gasification [UCG] activities in India. Clean Global Energy Limited has received...


Lihir Gold Trading Halt

Lihir Gold Limited – request for trading halt In accordance with Listing Rule 17.1, Lihir Gold Limited (LGL) (LGL) requests a trading halt in the ordinary shares of the company, effective immediat...


Astron Mining Licence Granted

Astron Limited (ATR) is pleased to announce that the mining license for the Donald Mineral Sands project in North Western Victoria, Australia has been granted by the Department of Primary Industries...


GSC: New Morenci Drilling Commences

Global Geoscience Ltd (“Global”) ( GSC) today announced that it has commenced diamond drilling at its New Morenci porphyry copper project in Arizona, USA. The Company said today that it plann...


TMA New Zealand Acquisition

TMA Group of Companies Ltd (TMA) has today announced the acquisition of Premier Business Group (“Premier”) in New Zealand. Premier is expected to add estimated annual sales of AUD7 million to...


Altona Mining Non-Core Assets Divestment

Emerging copper producer, Altona Mining Limited (AOH, the Company) today announced that it has divested a number of exploration licenses in the Mt Isa area to Syndicated Metals Limited (SMD, Syndica...


Aquarius Platinum Moolman Mining Settlement

Aquarius Platinum Limited (“Aquarius” or the “Company”) is pleased to announce that the Arbitration and Litigation which Aquarius Platinum (South Africa) (Proprietary) Limited (“AQPSA”) ...


Barbrook Underground Mining Positive Results

Positive Results from Bankable Feasibility Study for Shallow Underground Mining at the Barbrook Project, South Africa Stage 1 Production Plan Economically Viable. The Directors of Vantage Goldfie...


Fletcher Building to Acquire Australian Construction Products

Fletcher Building Limited (“Fletcher Building”) announced today that it has reached agreement to acquire all of the shares in Australian Construction Products Pty Limited (“ACP”). The bus...


WPG: Access to Hawks Nest Secured

Western Plains Resources Limited (WPG) is pleased to advise that the Department of Defence has extended WPG’s exploration access rights to the Hawks Nest project area for a further 6 month period...


AAG: Gold Results from Golden Crown

Deep Drilling at the Golden Crown Mine continues to confirm high-grade gold extensions of the main quartz reef. The latest hole returning a bonanza intercept of; 9.3 metres@ 14.65g/t Au from 712...


Symex Increases Final Dividend by 50%

Symex Holdings Limited (SYM) today announced a net profit after tax (NPAT) for the year ended 30 June 2010 of $9.67m. This is an increase of 2% over the NPAT reported for financial year 2009. The...


HSK to Declare NQM Offer Unconditional at 65%

Heemskirk Consolidated Limited (Heemskirk) hereby announces that it intends to declare its Recommended Offer for North Queensland Metals Limited (NQM) unconditional if: (a) in respect of its Offe...


GMR: New Gold Targets Identified in Mali

Golden Rim Resources Ltd (GMR, Golden Rim) today announced it has received positive assay results from the first significant exploration program conducted at Niaouléni in southern Mali. The Com...


Millennium Minerals Secures Financing Facility

Millennium Minerals Limited (“Millennium” or “the Company”) is pleased to announce it has formally mandated BNP Paribas (“BNP”) as exclusive arranger and underwriter for the provision o...


OneSteel Dividend Confirmation

OneSteel Limited (OST) announced a final unfranked dividend of 6.0 cents per ordinary share on 17 August 2010. The Record date for the final dividend is 10 September 2010 with ex-dividend trading...


BHP Possible Acquisition of PotashCorp

BHP Billiton confirms that it has made an approach to Potash Corporation of Saskatchewan (PotashCorp) regarding a possible acquisition of PotashCorp at a price of US $130 per common share. To date t...


Agreements Signed for Sumatra Copper & Gold and Newcrest Mining

Further to the joint announcement dated 27 July 2010 of the signing of a non-binding Heads of Agreement, Sumatra Copper & Gold plc (‘Sumatra’) is pleased to announce that it has signed defi...


Fortescue (FMG) Contract Extension and Market Update

NRW is pleased to announce the award of a twelve (12) month extension to its current contract with Fortescue for overburden mining at Christmas Creek. The scope of works under the extension is a...


CQT Takeover Offer for NQM Declared Unconditional

Conquest Mining Limited (CQT) ("Conquest") announces that it has declared its takeover offer ("Offer") for North Queensland Metals Limited (NQM) ("NQM") to be unconditional. The Offer provides bo...


GBM Resources Raises $500,000

Australian resources company GBM Resources Limited (GBZ) (“GBM” or “the Company”) wishes to advise that it has successfully completed a share placement to sophisticated investors, raising a ...


Malagasy Minerals Gravity Surveys Completed

International minerals company Malagasy Minerals Ltd (ASX Code: MGY) is pleased to advise that it has received results from recently completed gravity surveys undertaken over selected magmatic massi...


Brumby Resources Share Placement

Brumby Resources Limited (BMY) is pleased to announce that it has received firm placement commitments from professional and sophisticated investors to raise $2.61 million before costs. Argonaut Secu...


CNH Profit Guidance and Outlook

China Steel Australia Limited (CNH) today announced it expects to record a profit after tax of between $25.7 million to $26.2 million for the 2009-10 financial year and an operating profit after ta...


Kingsrose First Gold Pour

One of the world’s lowest cost gold mines started production earlier today when Australian‐listed Kingsrose Mining (KRM) poured its first bars at the Way Linggo mine on the Indonesian Island of ...


RBS Round Up: 12 August 2010

RBS Round Up: 12 August 2010 ...


HRS NSW Gold Investment

Hudson Resources Limited (Hudson) incorporated Sovereign Gold Company Limited (Sovereign) as a wholly owned subsidiary. Sovereign has signed a Heads of Agreement (HOA), whereby Sovereign will acq...


Minara Resources Purchase of Manganese Tenements

Minara Resources Limited announces the purchase by the Murrin Murrin Joint Venture (Minara share 60%) of the Mt Lucky manganese tenements near Laverton, Western Australia from Crescent Gold Limited ...


TRO Share Purchase Plan and Private Placement

TriAusMin Limited (TSX:TOR; TRO) (“TriAusMin” or the “Company”) today announced that it intends to implement a share purchase plan (SPP) in conjunction with a private placement. New fully...


Northern Star Record Gold Production

RECORD GOLD POURED IN JULY - 10,546 ounces gold poured vs. 8,707 budget ounces 9,845 ounces gold sold @ A$1,367/oz for $13.5 million Only processed for 80% of the month July gold processing ...


GOA Brazilian Gold Mining Permit Granted

GU Permit granted enabling the mining of up to 50,000 ore tonnes of gold “ore” per annum. Mining aimed at generating information for Mining Lease feasibility study. Permit granted for 11 m...


DRK: Strong Copper Gold Intersections

Further strong intersections of copper-gold mineralisation at Falun Sweden · Second phase of drilling on Eastern Copper-Gold Zone now completed · Latest drilling results have extended the hi...


HGO Sells Surplus SAG Mill

Hillgrove Resources Limited ( HGO) is pleased to announce that it has agreed to sell its surplus SAG mill to Conquest Mining ( CQT) for a cash price of $6.95 million. The purchase includes: ...


Downer signed $ 3b with Fortescue

Engineer Downer EDI Ltd has a six-year contract worth $ 3 billion to the mining services Fortescue metals group's Christmas-Creek project in Pilbara region of Western Australia's won.Downer Chief Exe...


AusNiCo IPO Confirmed and Fully Underwritten

$4 Million Underwriting Secured for AusNiCo IPO Further to previous market updates, the Directors of D’Aguilar Gold Limited (D'Aguilar) are pleased to advise of the finalisation and lodgement of the ...


Doradilla Drilling Update

DORADILLA DRILLING UPDATE YTC Resources Limited ("YTC" or "The Company") is pleased to announce that the first of two diamond drill holes on EL 6645, has intersected what is interpreted to be porphyr...


CTM: Brazilian Copper-Gold Projects

Brazilian Mining Company to Earn up to a 90% Interest in Non-Core Assets International iron ore company Centaurus Metals Ltd (ASX Code: CTM) is pleased to advise that it has entered into a Farm Out ...


BDR: William Creek Settlement

Beadell Resources Limited (Beadell) is pleased to announce the settlement of a long standing claim of around $47 million for approximately $440,000. As disclosed in previous announcements, the claim...


Apex $5M Capital Raising

Apex completes $5m raising through share placement Apex Minerals (AXM) is pleased to announce that it has successfully completed the $5 million share placement as contemplated in it’s release to t...


CHZ: High Grade Gold Detected

High-grade gold confirmed in new veins detected from geophysics at Kestanelik Rock chip sampling returns gold values up to 10.15 g/t Chesser Resources Limited (CHZ) (Chesser) is pleased to announ...


NGX Project Fatality

It is with the deepest of regret that the Company announces that an incident has occurred at its Norseman Project which has resulted in one of its workers suffering fatal injuries. Little is known o...


RMS Extends Miranda Agreement

The directors of Ramelius Resources Limited (RMS) are pleased to announce that the Company has agreed terms with Miranda Gold Corporation in respect to their Angel Wing gold project in Nevada. Th...


Legacy to Develop Mt Bevan Project

Legacy Iron Ore Limited (“Legacy” or “Company”) is pleased to announce that it has entered into a Letter of Offer with Hawthorn Resources Limited (“Hawthorn”) (HAW) to participate in the...


Rio Receives Offer for 61% of AEP

Rio Tinto has received a binding offer from funds affiliated with Apollo Global Management, L.P. (Apollo) and the Fonds Stratégique d’Investissement (FSI) to buy a 61 per cent stake in Alcan Engi...


Dragon Mining Finland Update

Dragon Mining Limited is pleased to announce the completion of an update of the Arpola Mineral Resource at the Jokisivu Gold Mine in southern Finland. The updated Mineral Resource estimate of 441...


India Resources Ore Production Record

Surda sets new ore production record Diversified minerals developer and producer India Resources Limited (IRL) has set a new ore production record at its Surda copper mine in western India. The Comp...


Rio to Invest US790m

Rio Tinto to invest additional US$790 million in expansion of Pilbara capacity to 330 Mtpa 4 August 2010 Rio Tinto is to invest a further US$790 million in its drive to expand the annual capacity of i...


Condor Nickel 'Direct Shipping Ore' Potential

‘Direct Shipping Ore’ Potential CONDOR NICKEL LTD 03/08/10 at Condor’s Dingo Range Highlights: · Hematite and Goethite present in rock chip samples. · Banded iron formation identifi...


Liberty Resources Sell Two Coal Leases

Liberty Resources Ltd is pleased to announce that it has sold 2 of its EPCA’s in Queensland today for A$3m to Blackwood Coal Pty Ltd. Liberty retains 31 Tenements and Applications in Queensland. T...


BML: Drilling to Restart in Botswana

The Board of Botswana Metals Limited (“BML”) wishes to announce that following its review and interpretation of current and past soil geochemical work, EM and Airborne magnetic, trenching and th...


Rio Tinto to invest US$170m in Guinea

Rio Tinto has advanced to the next stage of developing its world-class Simandou iron ore project in Guinea, approving US$170 million of further funding for mine, rail and port infrastructure work. T...


Resolute Mining Syama Operations

Resolute Mining Limited advises that milling has recommenced at the Syama operation following the replacement of the Mill 1 pinion bearing. The operation has been restarted with direct leach feed...