Today, the Australian Securities Exchange rose 44.1 points, hitting 5,338.1 points. The market is also up on the week, partially due to the fact that investors believe the United States' economy has turned the corner into recovery.
Articles Tagged "Western Australia"
Iron – Mining Weekly reported that the government of Western Australia has okayed Rio Tinto plc's (ASX:RIO,NYSE:RIO,LSE:RIO) expansion of two of its Pilbara-based iron ore operations.
Gold – Monument Mining Ltd. (TSXV:MMY) announced that via its subsidiary, Monument Murchison Pty Ltd., it has begun exploration programs at its Western Australia-based Murchison gold project.
Iron – Bloomberg reported that as "an additional productivity measure," BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) has suspended production at Yarrie, its smallest iron ore operation. Yarrie is located in Western Australia.
Gold – Monument Mining Ltd. (TSXV:MMY) announced that it has closed its acquisition of the Western Australia-based Murchison gold project. The acquisition was made via Monument Murchison Pty Ltd., Monument's subsidiary.
Nickel – Impact Minerals Ltd. (ASX:IPT) announced that it has identified 12 new priority areas for nickel-copper and copper-gold deposits in previous soil geochemistry that covers the Mulga Tank project, located in Western Australia.
Today, the Alternative Investment Market rose 2.13 points, or 0.24 percent, to 875.41 points.
Nickel – Mining Weekly reported that Poseidon Nickel Ltd. (ASX:POS) said today that it is "investigating options" for the toll treatment of ore from the Mount Windarra mine, which could produce between 350,000 and 700,000 tonnes per year during its first two years of operation.
Vanadium – Mining Weekly reported that due to a fire at the beneficiation plant of vanadium miner Atlantic Ltd.'s Windimurra operation, located in Western Australia, trading of the company has been suspended.
Vanadium – AMM.com reported that Atlantic Ltd is ready to start exporting vanadium trioxide from its Windimurra mine in Wetern Australia, to supply the titanium alloy market.