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  • Australia’s All Ords falls 0.6% while miners make gains

    8:01 am

    Australia’s All Ords falls 0.6% while miners make gains

    Recent profit warnings, jitters about high-yield stocks and concerns about the Australian Dollar have led the All Ordinaries to close down 29.2 points, or 0.6%, to 5,156.2. The Shanghai Stock Exchange Composite Index slipped 0.06% to 2,298.62 points while the Dow Mini was up 6 points to 15,335.28. Spot gold hit a high of US$1,402.6 in Asian trading and is currently at US$1391.7.

  • TZ Limited signs Fastway Couriers to A.D.A.M. Parcel Locker System

    2:40 am

    TZ Limited signs Fastway Couriers to A.D.A.M. Parcel Locker System

    Since Mark Bouris and Ken Ting turned TZ Limited around in 2009, to today's teaming agreement with Fastway Couriers for TZ's parcel distribution and logistics network, has not been without a hard slog. With previous partnerships, it could now give TZ a 60% share of parcel deliveries in Australia for its agnostic A.D.A.M. locker system.

  • Kaboko Mining completes key scoping study at Zambian manganese project

    12:36 am

    Kaboko Mining completes key scoping study at Zambian manganese project

    The completed Scoping Study for the Mansa manganese project has demonstrated positive project economics as the project moves closer to production in a matter of weeks. Budgeted costs of delivering a CIF product are between $190 and $210 per tonne, in line with its expectations.

  • Mutiny Gold uses SAM Survey to double strike length of Deflector gold project

    12:25 am

    Mutiny Gold uses SAM Survey to double strike length of Deflector gold project

    The use of Sub-Audio Magnetics, or SAM technology survey has already more than doubled strike length of the mineralised host structure at Deflector, where data indicates a strike length of some 2,350 metres, previously 950 metres in length.

  • U.S. stock futures shift lower; Carnival, Best Buy slip

    1:43 pm

    U.S. stock futures shift lower; Carnival, Best Buy slip

    U.S. stock market futures shifted lower on Tuesday as investors look for more clues on any tapering of the Federal Reserve’s easing program. Two Fed presidents with voting rights on the interest-rate setting committee are due to speak later in the day. Futures for the Dow industrials rose less than 0.1 percent to 15,323,00 while those for the Standard & Poor’s 500 index was little changed at 1,664.60 and the Nasdaq 100 index futures slipped less than 0.1 percent to 3,018.25.

  • Kincora Copper refines exploration targets on its Bronze Fox project in Mongolia

    1:23 pm

    Kincora Copper refines exploration targets on its Bronze Fox project in Mongolia

    Sam Spring, President and CEO of Kincora Copper (CVE:KCC), tells Proactiveinvestors that after putting in place a full re-examination of its work last year at Bronze Fox, it is now refining its exploration targets for this year. Sam also discusses the new remuneration structure for company directors.
  • Xcite Energy shares advance after Bentley data deal

    Mon 3:50 pm

    Xcite Energy shares advance after Bentley data deal

    A potential partner paying £10mln upfront to find out more about the project could be considered to be a positive step forward, according to Oriel Securities analyst Peter Griffith.

  • UPDATE - Aureus Mining's DFS ups reserves, reduces costs

    Mon 12:36 pm

    UPDATE - Aureus Mining's DFS ups reserves, reduces costs

    The new DFS for Aureus's New Liberty gold mine in Liberia has increased the net present value of the asset, and points to lower operating costs and improved proven plus probable reserves.