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  • Australia's S&P ASX200 up 1%, resource stocks lead the way

    8:05 am

    Australia's S&P ASX200 up 1%, resource stocks lead the way

    Resource companies and defensive stocks underpinned gains on the ASX today with the S&P ASX200 rising 47 points, or 1%, to 4,861.4. The Shanghai Stock Exchange Composite Index is down 0.64% to 2,143.03 points while the Dow Mini is up 29 points to 15,318.23.

  • International Coal close to securing prized Consuelo coking coal permits

    7:31 am

    International Coal close to securing prized Consuelo coking coal permits

    There are known to be big wraps on the Consuelo coking coal project in the premier producing Bowen Basin in Queensland, with interest received from Asian groups, located near Glencore Xstrata plc’s Rolleston mine.  The project is located close to existing rail and port infrastructure.

  • Stratum Metals identifies large, strong conductor at East Menzies

    6:05 am

    Stratum Metals identifies large, strong conductor at East Menzies

    Interpretation of all data over Stratum Metals’ East Menzies Goldfields Project that incorporates data from the HeliTEM survey has identified a number of potential massive sulphide conductors, the strongest of which have not been tested by recent drilling.  It is this one that could generate some excitement. 

  • MacPhersons Resources finds up to 13g/t gold at Boorara

    3:52 am

    MacPhersons Resources finds up to 13g/t gold at Boorara

    With individual gold bearing quartz veins ranging from 5g/t to 13g/t gold over metre thick intersections, MacPhersons can incorporate Boorara into the Nimbus mill feed schedule - providing another step forward on the road to production. Drilling also identified large gold halo zones up to 68 metres thick averaging 1g/t gold.