Kalgoorlie Mining Company unlocks cash flow potential in ore agreement with Barrick

Kalgoorlie Mining Company, formally known as US Nickel (ASX: USN) through its wholly owned subsidiaries has acquired title to two quality advanced greenfields projects: the Snowbird Project in Northwest Territories, Canada and the Mid-Continent Project

Proactive Investors.co.uk | August 8, 2011 | 4:55 am

Fairfax Market Report including Medusa Mining, Frontier Mining and Firestone Diamonds

Economic News Japan – Retail sales rose in June beating all forecasts adding to signs that the economy is recovering from the dip on the back of the earthquake. Figures released by the Trade Ministry this morning show that sales rose 1.1% from

Proactive Investors.co.uk | July 28, 2011 | 9:32 am

Cockatoo Coal secures A$65m loan facility for development of coal assets

Cockatoo Coal (ASX: COK) has entered into a A$65 million loan agreement with KEB Australia Ltd (KEBA) for the ongoing development of the company's coal assets, infrastructure requirements, and working capital.

Proactive Investors.co.uk | July 27, 2011 | 3:54 am

Auzex Resources infill drilling hits more high grade gold at 2Moz Bullabulling JV Project

Auzex Resources ( ASX: AZX ) has expanded the phase two reverse circulation (RC) resource drilling program at the 2 million gold ounce Bullabulling Gold project to 90,000 metres, intersecting high grade gold that underpins confidence in the project.

Proactive Investors.co.uk | July 26, 2011 | 3:02 am

BHP Billiton production results in line with expectations – analysts

City broker UBS says global mining firm BHP Billiton's (LON:BLT) June production figures were slightly better than expected and gives the stock an unchanged 12 month rating of a 'buy' with a target price of £28.40. The mining giant released the figures yesterday across the spectrum of its resources, including iron ore production up 14 percent year-on-year in the final quarter.

Proactive Investors.co.uk | July 21, 2011 | 11:22 am

Legacy Iron under the radar, NMDC transformative for Mt Bevan Iron Ore Project

Legacy Iron Ore (ASX: LCY) is an iron ore exploration company that is based in Western Australia, and is developing the Mt Bevan Iron Ore Project, which has the potential to develop into one of the largest resources of iron ore in the Central Yilgarn.

Proactive Investors.co.uk | July 19, 2011 | 2:16 am

Toro Energy steps up consolidation of WA regional uranium resources

Toro Energy ( ASX: TOE ) has boosted its Wiluna uranium resources by 25% with the acquisition of the Nowthanna deposit in Western Australia. Toro has paid A$1.3 million in cash and 10 million Toro shares at A$0.15 per share for two exploration

Proactive Investors.co.uk | July 18, 2011 | 7:57 am

Fairfax Market Report including Goldplat, Ncondezi Coal and Paragon Diamonds

Morning View The QE3 debate is firmly back on the table. • The prospect of a third round of stimulus has pushed gold prices to a record high. • Stalling debt talks in the US add support to gold. • European concerns appear to

Proactive Investors.co.uk | July 14, 2011 | 9:21 am

Derek Fisher, CEO and MD of Moly Mines, talks about the construction of the Spinifex Ridge molybdenum/copper mine

Derek Fisher, CEO & MD of Moly Mines, talks about the construction of the Spinifex Ridge molybdenum/copper mine, 45 years of production, funding for the power station & gas pipeline, fixed price engineering contract, mining 1 million tonnes of iron ore per year, & netting about A$60-70 dollars a tonne

Proactive Investors.co.uk | July 13, 2011 | 9:45 am

Coal of Africa shares jump on Vele go-ahead

Coal of Africa (LON:CZA) shares soared after it announced it has finally been awarded environmental authorisation by South African authorities for its key Vele coking project. The company can now move ahead with finishing construction of plant at the

Proactive Investors.co.uk | July 6, 2011 | 12:55 pm

Ferrexpo: Analysts positive on iron ore producer’s production figures

Brokers Collins Stewart and Evolution Securities were upbeat about iron ore producer Ferrexpo (LON:FXPO), which released production figures today. The firm reported numbers for the second quarter of 2011 revealing that pellet production from its own ore had increased 6.9 percent compared to Q1.

Proactive Investors.co.uk | July 6, 2011 | 12:55 pm

Coal of Africa secures key approval to restart Vele coking coal project

Perth-based coal miner Coal of Africa (LON:CZA) has secured a key environmental permit from the South African government, clearing a major hurdle on the way to restarting its Vele coking coal project. The approval will allow the company to proceed with construction work at the site following a year long delay due to environmental issues.

Proactive Investors.co.uk | July 6, 2011 | 12:55 pm

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