ASX Exchange Round-Up: ASX nears five-year high
Australia's benchmark index hit close to a five-year high May 10, increasing 0.2 percent.
Articles Tagged "asx"
Ero Mining Looks for New Exploration Opportunities
Uranium – Mining Weekly reported that Ero Mining, a company focused on the exploration of uranium and other minerals, told its shareholders that it is looking for new opportunities to explore and develop.
Platinum Australia, Jubilee Merger Nears Finalization
Platinum – Mining Weekly reported that the proposed merger between Platinum Australia and Jubilee Platinum has moved closer to being finalized, and the former’s creditors’ compromise arrangements will be concluded within three days.
Hazelwood Readies for March Quarter Production
Tungsten – Mining Weekly reported that ASX-listed tungsten miner, Hazelwood Resources, said that its ATC ferrotungsten project expects its first saleable product during the March quarter.
Wolf Minerals Receives Revised Credit Approval for Financing of the Hemerdon Tungsten Project
Tungsten – Wolf Minerals (ASX: WLF) has received an updated and increased credit approval in senior debt finance facilities from UniCredit Bank AG (UniCredit Corporate & Investment Banking), ING Bank N.V. and Caterpillar Financial SARL for £75 million (A$115 million).
Exxaro Bid Leaked Early
Iron – Mining Weekly reported Exxaro’s (FWB:LCQ) offer for African Iron (ASX:AKI) is one of the worst kept secrets on the ASX.
Ferrex Plc: Iron Ore and Manganese Development in South Africa and Mozambique
Manganese – Mineweb reported that Ferrex Plc will list on the Australian Stock Exchange.
Zamia to resume drilling after floods
Moly – Businessspectator.com reports Zamia Metals Ltd (ASX:ZGM) will resume the drilling program at the Anthony molybdenum project Clermont in central Queensland, which was not affected by widespread flooding in the region.
Orocobre Limited: Salar de Olaroz Lithium-Potash Project Update
Potash – Orocobre Ltd (TSX:ORL,ASX:ORE) approves from the Jujuy provincial government of the Environmental Impact Statement for the development and exploitation of its Salar de Olaroz Lithium-Potash Project in Jujuy Province.
Allied Gold Limited: Commissioning of 120,000 Ounce Per Annum Gold Ridge Project
Gold – Allied Gold (TSX:ALG,ASX:ALD) anticipates wet and dry commissioning of the 2.5 Mtpa Gold Ridge process plant in February with first gold production expected in the March quarter.
