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market-movers-westminster-group-tethys-petroleum-sefton-resources-jubilee-platinum-58155.html VIDEO REPORT Market Movers: Westminster Group, Tethys Petroleum, Sefton Resources, Jubilee Platinum
  • 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.

  • Global Cobalt’s Karakul project “a perfect storm”, says CEO

    6:00 pm

    Global Cobalt’s Karakul project “a perfect storm”, says CEO

    The Karakul Cobalt Deposit, Global Cobalt’s flagship, is located in the Republic of Altai, part of the Russian Federation, sandwiched between China to the south and the edge of Siberia to the north. It is an area that Global Cobalt president and CEO Erin Chutter deems “a fascinating geological corner of the world."

  • Wall Street edges lower ahead of Fed decision

    5:53 pm

    Wall Street edges lower ahead of Fed decision

    U.S. markets were slightly lower on Wednesday as investors braced for the monetary policy decision from the Federal Open Market Committee, to be followed by a press conference from Ben Bernanke shortly afterward. 

  • Canada stocks slip ahead of Poloz maiden speech, U.S. Fed decision

    5:34 pm

    Canada stocks slip ahead of Poloz maiden speech, U.S. Fed decision

    Canadian shares retreated in midday trading on Wednesday, snapping two days of gains, as investors awaited Bank of Canada Governor Stephen Poloz’s first public speech since taking office and the outcome of the two-day meeting of the U.S. Federal Reserve for signs about when it plans to taper stimulus measures.

  • Edge Resources' Nichol says recent reserves report was 'conservative'

    3:57 pm

    Edge Resources' Nichol says recent reserves report was 'conservative'

    Brad Nichol, CEO and President of Edge Resources (LON:EDG CVE:EDE), the Canadian oil and gas company, says the recent reserves report by Deloitte was 'conservative with estimates' and says the company's low FD&A costs are 'quite remarkable' compared to the rest of industry.