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ASX300 News Digest
Ausdrill Provides Statement on Company Managing Director
Ausdrill advised that the Commonwealth Director of Public Prosecutions has commenced proceedings to charge the company's MD, Ron Sayers, and others with a conspiracy to defraud the...
Coalspur Mines Announces Strategic Investor Exercises Options
Coalspur Mines announced that its largest shareholder, the Highland Park Group, has elected to exercise its option to purchase an additional 15m ordinary shares in the company at an...
Ceramic Fuel Cells Welcomes Forthcoming Rise in UK Feed in Tariff
Ceramic Fuel Cells welcomed the recent comments made by Greg Barker, UK Minister of State (Climate Change) MP, during an adjournment debate on micro heat and power (micro-CHP) at...
Austar United Communications Provides Update on FOXTEL Transaction
Austar United Communications announced that it will seek court approval to postpone its shareholder meetings relating to the proposed acquisition of AUSTAR by FOXTEL Management to...
Extract Resources Trading Halted, Pending Company Announcement
The securities of Extract Resources will be placed in trading halt session state, at the request of the company, until the earlier of the commencement of normal trading on Tuesday,...
Decmil Group Secures $90m Contract for Construction Village
Decmil Group announced that it has continued to deliver on its strategic growth plan through diversification into the Qld market with the award of a contract valued at approximately...
Prima BioMed Commences Patient Enrollment for CVac CANVAS Trial
Prima BioMed announced that it has commenced patient enrollment of CANVAS (CANcer VAccine Study), a clinical trial for the CVac ovarian cancer therapy vaccine. The company advised...
News Corporation Provides SEC Form 8K Regarding Support of Financing Measures in Sky Deutschland
News Corporation announced that it has agreed to support EUR300m of financing measures that are being initiated by Sky Deutschland AG. The company currently holds 49.9% of Sky...
Pharmaxis Reports Net Loss of $19.52m for the Half Year to 31 December 2011
Pharmaxis reported a net loss of $19.52m for the half-year ended 31 December 2011. Revenues from ordinary activities were $3.36m, up 41% from the same period last year. Basic and...
Qantas Airways Announces Group Policy on Higher Fuel Prices and Carbon Pricing
Qantas Airways released further details on its response to the European Union and Australian carbon pricing schemes and increased fuel costs. Higher jet fuel costs and carbon...
OM Holdings Announces Sarawak Smelting Project Power Purchase Agreement
OM Holdings announced the execution of a Power Purchase Agreement ('PPA') between OM Materials (Sarawak) Sdn Bhd (80% owned by the Company) and Syarikat Sesco Bhd ('SSB'). Under the...
Oil Search Provides P'nyang South 1 Drilling Report
Oil Search reported that Rig 103 commenced drilling the P'nyang South 1 well, located in PRL 3, on 29 January 2012. As at 0600 hours PNG time on 2 February 2012, the well was at a...
Clough Secures Wheatstone Offshore Hook-Up and Commissioning Contract
Clough announced the award of an approximate $350m contract for the offshore hook-up and commissioning component of the Chevron-operated Wheatstone project. The services will be...
Astro Japan Property Group Announces Termination of Entire Remaining Capital Hedge Book
Astro Japan Property Group announced the termination of its entire remaining A$/Yen capital hedge book. The two remaining hedges in the capital hedge book, having a principal amount...
Lynas Corporation Announces AELB Approves Temporary Operating Licence for LAMP
Lynas Corporation confirmed that Malaysia's Atomic Energy Licensing Board (AELB) has announced its approval of the temporary operating licence (TOL) for the Lynas Advanced Materials...
BHP Billiton Announces Initial Work Approval for Port Hedland Outer Harbour Development
BHP Billiton announced approval of US$917m (BHP Billiton share US$779m) in pre-commitment funding for the construction of a 100Mt per year outer harbour facility associated with its...
Wesfarmers Provides FY2012 Second Quarter Retail Sales Results
Wesfarmers provided its retail sales results for the second quarter of FY2012, reporting that Coles' total food and liquor sales for the quarter grew by 4.3% to $7.3bn. Total sales...
Aurora Oil & Gas Announces Pricing of Senior Notes Offering
Aurora Oil amp; Gas announced the pricing of its previously announced private offering of an aggregate principle amount of US$200m in senior unsecured notes. The senior notes, to be...
Rio Tinto Doubles Stake in Richards Bay Minerals
Rio Tinto advised that it will increase its stake in Richards Bay Minerals (RBM) to 74% through the acquisition of BHP Billiton's 37% interest. The acquisition has been triggered by...
BHP Billiton Announces Divestment of Interest in Richards Bay Minerals
BHP Billiton advised that it has exercised an option to sell its 37% non-operated interest in Richards Bay Minerals (RBM) to Rio Tinto and will exit the titanium minerals industry....
Silver Lake Resources Announces Application to Federal Court Finalised
Silver Lake Resources advised that the application filed with the Federal Court has been finalised. Between 10 September 2011 and 24 October 2011, options held by the directors (or...
WorleyParsons Receives North American Enterprise Framework Agreement with Shell
WorleyParsons reported Shell has awarded the Company an Enterprise Framework Agreement (EFA) for work in the Americas, including the US and Canada. The 5-year EFA plus optional...
Beach Energy Releases January 2012 Monthly Drilling Report
Beach Energy provided its January 2012 monthly drilling report, reporting an eleven well completion program is underway to bring the successful wells from the 2011 drilling campaign...
Arafura Resources Provides Business Update
Arafura Resources provided a business update, reporting number of key Nolans Project work stream activities are currently in progress; the rate of work has been reduced until...
CuDeco Provides Rocklands Copper Project Update
CuDeco advised that it has paid the third installment of US$10m in relation to the construction of its 3Mt per annum mineral processing plant for the Rocklands Group copper project....
Santos Commences Gas Production from Wortel Project
Santos announced that gas production has commenced from the Wortel project in Indonesia. Wortel was sanctioned in November 2010, and is located in the Sampang Production Sharing...
IMF (Australia) Announces Further Class Actions in Bank Fees Case
IMF (Australia) advised that proceedings are being issued on 1 February 2012 in the Victorian Registry of the Federal Court against Westpac Banking Corporation on behalf of 10,500...
Starpharma Holdings Announces Dendrimers Improve Efficacy of Docetaxel in Animals
Starpharma Holdings announced that it has released animal data which demonstrates that its dendrimer-docetaxel formulation applying the company's dendrimer technology to the leading...
Energy Resources of Australia Provides Annual Statement of Reserves and Resources
Energy Resources of Australia advised that during 2011, Ore Reserves for the Ranger project area decreased by 16,364t of contained uranium oxide to 13,484t of contained uranium...
Energy Resources of Australia Reports Net Loss of $153.6m for the Year to 31 December 2011
Energy Resources of Australia reported a net loss of $153.6m for the year ended 31 December 2011. Revenues from ordinary activities were $667.85m, up 14% from last year. In 2011,...
Westfield Group Announces Estimated Distribution of 24.2 Cents for Half Year Ending 31 December 2011
Westfield Group announced an estimated distribution of 24.2 cents per ordinary stapled security for the half-year ending 31 December 2011, with a record date of 15 February 2012 and...
Westfield Retail Trust announced an estimated distribution of 8.4 cents per ordinary stapled security for the half-year ending 31 December 2011, with a record date of 15 February...
Cape Lambert Resources Facilitates Sale of 65m Shares to UK Institutions
Cape Lambert Resources advised that in recent days it has facilitated a significant secondary sale of its shares. In total, 65m shares will be sold as part of an on-market...
Molopo Energy Provides February 2012 Investor Presentation
Molopo Energy provided an updated investor presentation outlining the company's progress in the exploration and development of its key North American prospects, including guidance...
Teranga Gold Corporation Provides December 2011 Quarterly Activities Report
Teranga Gold Corporation provided its December 2011 quarterly activities report, reporting that the Sabodala gold mine produced 36,695oz of gold during the quarter at total cash...
Boral Announces US$135m Sale of Indonesia Business, Provides Interim Update
Boral announced that it has reached agreement to sell the Indonesian construction materials business for an enterprise value of US$135m to Siam Cement Group. The sale includes the...
Alkane Resources Announces Encouragement for New Porphyry Cu-Au Complex at Bodangora
Alkane Resources announced that reconnaissance core drilling has confirmed the potential of the Glen Hollow prospect at Bodangora, with recent results including: 7.8m @ 1.04% Cu and...
Aditya Birla Minerals Provides December 2011 Quarterly Activities Report
Aditya Birla Minerals provided its December 2011 quarterly activities report, reporting that Mt Gordon near mine drilling returned very encouraging results at the Greenstone...
Mineral Resources Provides December 2011 Quarterly Activities Report
Mineral Resources provided its December 2011 quarterly activities report, reporting that drilling activities were undertaken at Carina, Carina Extended and Chameleon during the...
Brockman Resources Provides December 2011 Quarterly Activities Report
Brockman Resources provided its December 2011 quarterly activities report, reporting that a review of the Marillana process plant has identified areas for increased efficiencies,...
Sandfire Resources Reports Positive Cash Flow of $71.97m for the December 2011 Quarter
Sandfire Resources reported positive cash flow of $71.97m for quarter ended 31 December 2011. Operating cash flow for the period was $(40.04m). Payments for exploration and...
Intrepid Mines Reports Negative Cash Flow of US$12.66m for the 31 December 2011 Quarter
Intrepid Mines reported negative cash flow of US$12.66m for the quarter ended 31 December 2011. Operating cash flow for the period was US$(10.99m). Payments for exploration and...
Qantas Airways Responds to Moody's Credit Rating Decision
Qantas Airways reported the Qantas Group reaffirmed its strong financial position despite the decision by Moody's to downgrade the company's credit rating. The Group's credit rating...
Australia & New Zealand Banking Group Announces Major Australian Banks on Rating Watch
Australia amp; New Zealand Banking Group confirmed that Fitch Ratings placed the ratings for the four major Australian banks, including ANZ, on Rating Watch Negative. Fitch advised...
Karoon Reports Negative Cash Flow of $11.54m for the December 2011 Quarter
Karoon reported negative cash flow of $11.54m for quarter ended 31 December 2011. Operating cash flow for the period was $(11.57m). Payments for exploration and evaluation were...
Independence Group Provides December 2011 Quarterly Activities Report
Independence Group provided its December 2011 quarterly activities report, reporting a significant increase in the Tropicana mineral resources of 1.05Moz Au to 6.41Moz Au (AngloGold...
White Energy Company Reports Negative Cash Flow of $17.54m for the 31 December 2011 Quarter
White Energy Company reported negative cash flow of $17.54m for the quarter ended 31 December 2011. Operating cash flow for the period was $(9.42m). Payments for exploration and...
Ivanhoe Australia Reports Positive Cash Flow of $49.36m for the December 2011 Quarter
Ivanhoe Australia reported positive cash flow of $49.36m for quarter ended 31 December 2011. Operating cash flow for the period was $(2.6m). Payments for exploration and evaluation...
CuDeco Reports Positive Cash Flow of $64.59m for the December 2011 Quarter
CuDeco reported positive cash flow of $64.59m for quarter ended 31 December 2011. Operating cash flow for the period was $(2.39m). Payments for exploration and evaluation were...
Acrux Announces Notice of Allowance in USA for Axiron Applicator Patent
Acrux reported that the US Patent and Trademark Office has issued a Notice of Allowance for patent application number 11/678,673 'Spreading Implement', with an anticipated expiry...
Biota Holdings Announces Inavir Q2 Royalties
Biota Holdings announced that Daiichi Sankyo Co., have provided written confirmation that Inavir gross sales were JPY1.7bn and indicative royalties were $687,000 in the 3 months to...
Linc Energy Reports Negative Cash Flow of $169.45m for the December 2011 Quarter
Linc Energy reported negative cash flow of $169.45m for quarter ended 31 December 2011. Operating cash flow for the period was $(34.09m). Payments for exploration and evaluation...
Hastings Diversified Utilities Fund Provides Second Supplementary Bidder's Statement
Hastings Diversified Utilities Fund provided APA's second supplementary bidder's statement which relates to APT Pipelines' offer for all the stapled securities in the Fund (each...
Bandanna Energy Announces Maiden Open-Cut Reserve Statement for South Galilee Project
Bandanna Energy announced that AMCI, the manager for the South Galilee Coal Project JV and 50% participant, has provided a JORC compliant Coal Reserves Estimate for open cut...
Elemental Minerals Reports Negative Cash Flow of $12.74m for the December 2011 Quarter
Elemental Minerals reported negative cash flow of $12.74m for quarter ended 31 December 2011. Operating cash flow for the period was $(393,000). Investing cash flow was $(13.33m)....
Integra Mining Makes Investment in Southern Gold
Integra Mining announced that Southern Gold and the Company have executed a Share Subscription Agreement pursuant to which Integra has agreed to take a placement of Southern Gold...
Origin Energy Provides December 2011 Quarterly Activities Report
Origin Energy provided its December 2011 quarterly activities report, reporting revenues 5% higher to comparable Quarter in 2010; Australia Pacific LNG announced a binding Heads of...
Mesoblast Announces FDA Clearance for Phase 2 Clinical Trial in Type 2 Diabetes
Mesoblast reported Phase 2 clinical trial of the Company's proprietary allogeneic, or off-the-shelf, Mesenchymal Precursor Cells (MPCs) in Type 2 diabetes patients has been cleared...
Ivanhoe Australia Appoints UBS to Advise on Strategic Partnership
Ivanhoe Australia announced the appointment of UBS Investment Bank to assist the company in inviting and evaluating proposals from potential strategic partners in its Cloncurry...
Navitas Reports NPAT Up 8.6% to $35.36m for the Half-Year to 31 December 2011
Navitas reported NPAT up 8.6% to $35.36m for the half-year ended 31 December 2011. Revenues from ordinary activities were $341.84m, up 17.3% from the same period last year. Diluted...
AWE Provides December 2011 Quarterly Activities Report
AWE provided its December 2011 quarterly activities report, reporting it has recently implemented a number of key strategic initiatives, including the sale of part of the Company's...
Molopo Energy Provides January Operational Update - Strong Bakken Production
Molopo Energy provided an update on its drilling activities during January 2012, reporting its net Bakken, Canada, production during the month averaged 165 bopd (575 bopd gross)...
Molopo Energy Divests its Shareholding in Legacy Oil and Gas Inc
Molopo Energy advised that it has sold its 6.18m shares in Legacy Oil amp; Gas Inc for total net proceeds of ~C$71.7m. The transaction is expected to settle on 3 February 2012. The...
Ivanhoe Australia Announces Very High Grade Little Wizard Ore Body
Ivanhoe Australia announced that the Merlin Project development team has successfully accessed the very high grade Little Wizard ore body, approx. 75m below the surface at Ivanhoe...
Coalspur Mines Reports Negative Cash Flow of $37.91m for the December 2011 Quarter
Coalspur Mines reported negative cash flow of $37.91m for quarter ended 31 December 2011. Operating cash flow for the period was $(6.5m). Payments for exploration and evaluation...
Westpac Banking Corporation Announces Australian Major Banks on Ratings Watch Negative
Westpac Banking Corporation reported Fitch Ratings has placed the four major Australian banks' long-term issuer default ratings and viability ratings together with many of the major...
Woolworths Announces Outcome of Consumer Electronics Strategic Review
Woolworths announced it will accelerate the restructure of its specialty consumer electronics brand, Dick Smith, with a view to divesting the business in a staged and considered...
Beach Energy Provides December 2011 Quarterly Activities Report
Beach Energy provided its December 2011 quarterly activities report, reporting on the successful on-market takeover of Adelaide Energy; farm-in to the prospective and underexplored...
Aquila Resources Announces Approval of Mine Development at Eagle Downs Coal Project
Aquila Resources referred to its announcement dated 21 December 2011 regarding the decision by Aquila Coal and Vale SA's wholly owned subsidiary, Bowen Central Coal (BCC), at a...
Caltex Australia Provides December 2011 Refiner Margin Update
Caltex Australia advised its realised lagged Caltex Refiner Margin (CRM) in respect of CRM sales from production for the month of December 2011, reporting CRM sales from production...
Woolworths Announces First Half Year Sales Results for Financial Year 2012
Woolworths announced first half year sales for 2012 of $29.7bn, a 5.0% increase on the previous year. The Company reported the first half result includes 5.6% sales growth for the...
Kingsgate Consolidated Provides December 2011 Quarterly Activities Report
Kingsgate Consolidated provided its December 2011 quarterly activities report, reporting group gold production of 53,320oz, up 62% on the September quarter (Chatree: 26,035oz and...
Linc Energy Secures A$120m Line of Credit
Linc Energy announced that it has entered into a A$120m Line of Credit facility with an affiliate of Fortress Investment Group LLC, a New York-based company with over US$40bn under...
Eldorado Gold Corporation Announces Receipt of Interim Court Order
Eldorado Gold Corporation announced that, in connection with the previously announced Arrangement involving the Company and European Goldfields, the Supreme Court of Yukon has...
Lynas Corporation Provides December 2011 Quarterly Activities Report
Lynas Corporation provided its December 2011 quarterly activities report, reporting the Lynas Advanced Materials Plant (LAMP) construction project in Malaysia achieved 6.7m hours...
Lynas Corporation Reports Negative Cash Flow of $141.94m for the 31 December 2011 Quarter
Lynas Corporation reported negative cash flow of $141.94m for quarter ended 31 December 2011. Operating cash flow for the period was $(40.69m). Investing cash flow was $(101,256)....
Endeavour Mining Corporation Reports 2011 Production and 2012 Guidance
Endeavour Mining Corporation announced it met 2011 production targets with Q4 gold production of 24,010oz from its Nzema operations in Ghana and 21,586oz from its Youga operations...
Beadell Resources Announces Urucum Deeps High Grade Intersection
Beadell Resources announced a very significant new drill result from the Urucum Deeps drilling program of 43.1m @ 4.8 g/t Au incl. 23m @ 7.8 g/t Au in diamond drill hole FD1315....
Fletcher Building Announces Formica Buys Remaining 50% Shareholding in Homapal
Fletcher Building announced that its Formica business has reached agreement to acquire all of the shares in Homapal Plattenwerk, a manufacturer and distributor of metal and...
Gunns Announces Extension of Financing Facilities
Gunns confirmed that the terms for an extension to 31 December 2012 of its syndicated debt facility (currently $340m) and primary working capital facilities, have been agreed with...
Medusa Mining Provides December 2011 Quarterly Activities Report
Medusa Mining provided its December 2011 quarterly activities report, reporting on Co-O mine production. The Company reported construction is commencing on a new large leach tank,...
South Boulder Mines Reports Negative Cash Flow of $522,000 for the December 2011 Quarter
South Boulder Mines reported negative cash flow of $522,000 for quarter ended 31 December 2011. Operating cash flow for the period was $(1.5m). Payments for exploration and...
IMF (Australia) Announces New Funding Agreement with Hastings Capital
IMF (Australia) announced its agreement to provide funding to the receivers and managers of Hastings Capital. The proposed litigation relates to claims against CB Richard Ellis...
Acrux Announces Marketing Approval Granted for Ellavie in Switzerland
Acrux announced that Swissmedic, the Swiss agency for therapeutic products, has granted a marketing authorisation in Switzerland for Ellavie, the Company's estradiol spray for...
Monadelphous Group Releases Contracts Update
Monadelphous Group announced it has secured water and transmission pipeline construction contracts in WA with a combined value of approx. $180m. The first is for Rio Tinto's Coastal...
Greenland Minerals and Energy Provides December 2011 Quarterly Activities Report
Greenland Minerals and Energy provided its December 2011 quarterly activities report, reporting that the highlight of the quarter was the introduction of a uranium licensing...
Leighton Holdings Announces Thiess Joint Venture Wins Wheatstone Contract
Leighton Holdings reported a JV between Thiess and Belgian company BESIX SA has won a $260m contract to develop the breakwater and materials offloading facility (MOF) of the...
Bathurst Resources Signs Ground Lease with Port Taranaki
Bathurst Resources announced that a Deed of Ground Lease with Port Taranaki has been signed for the Buller Coal project. Under the agreement, the Company will construct a covered...
OneSteel Announces Steel Transformation Plan Advance
OneSteel reported it has welcomed the announcement made by the Federal Government that it will provide a $64m advance to the company under the Steel Transformation Plan (STP). Under...
Ardent Leisure Group Announces Sale and Leaseback of Main Event Freeholds
Ardent Leisure Group announced the successful completion of the sale and leaseback of two freehold properties in Texas, United States. The sale and leaseback of the Main Event...
Austal Announces US Defense Budget Plans
Austal advised that the US Secretary of Defense has announced proposed changes to future years' defense spending. The Company presently has confirmed contracts for three LCSs and...
Ampella Mining Releases Positive Conventional Met Testing for Konkera
Ampella Mining announced the results of its Metallurgical Test Work Program for the 3.1Moz Konkera Gold Resource at Batie West, Burkina Faso (JORC Compliant Indicated Resource of 30...
Starpharma Reports Positive Cash Flow of $31.94m for the December 2011 Quarter
Starpharma reported positive cash flow of $31.94m for quarter ended 31 December 2011. Operating cash flow for the period was $(1.79m). Investing cash flow was $(6,000). Financing...
Cockatoo Coal Announces 260.2Mt of Marketable Reserves at Two Projects
Cockatoo Coal announced a JORC compliant Marketable Reserves of 260.2Mt are reported for the Taroom and Collingwood projects (Cockatoo 51% and Mitsui 49%) comprising: 161.7Mt maiden...
GWA Group Provides Trading Update
GWA Group provided a trading update based on unaudited financial accounts for the six months to December 2011. Revenue was slightly down on the corresponding period last year and...
Regis Resources Reports Positive Cash Flow of $2.54m for the December 2011 Quarter
Regis Resources reported positive cash flow of $2.54m for quarter ended 31 December 2011. Operating cash flow for the period was $4.4m. Payments for exploration and evaluation were...
Dart Energy Reports Negative Cash Flow of $28.51m for the December 2011 Quarter
Dart Energy reported negative cash flow of $28.51m for quarter ended 31 December 2011. Operating cash flow for the period was $(13.77m). Payments for exploration and evaluation were...
Dart Energy Provides December 2011 Quarterly Activities Report
Dart Energy provided its December 2011 quarterly activities report, reporting on the creation of an unconventional gas business through Greenpark transaction and restructure of...
CSG Provides First Half Performance Market Update
CSG announced that further to its announcement of 21 December 2011 it now believes, based on preliminary and unaudited accounts, that the Company's reported NPAT for the half year...
CSG Announces New Managing Director
CSG announced that Denis Mackenzie has stepped down as MD and the Board has appointed Julie-Ann Kerin as the Company's new MD, effective 31 January 2012. Ms Kerin has been Group...
Rex Minerals Reports Negative Cash Flow of $10.91m for the December 2011 Quarter
Rex Minerals reported negative cash flow of $10.91m for quarter ended 31 December 2011. Operating cash flow for the period was $(9.99m). Payments for exploration and evaluation were...
Cape Lambert Resources Trading Halted, Pending Company Announcement
The securities of Cape Lambert Resources will be placed in trading halt session state, at the request of the company, until the earlier of the commencement of normal trading on...
Elemental Minerals Announces Sintoukola Potash Project Review 2011
Elemental Minerals provided a review of work completed during 2011 at its Sintoukola Potash project in the Republic of Congo. The Company reported the Phase 2, 164 line km high...
Transurban Group Announces Notice of Intended Resignation of Chief Executive Officer
Transurban Group announced Mr Chris Lynch's notice of his intention to resign as CEO and as a Director with effect from July 2012. The Company reported it has had a comprehensive...
Tiger Resources Provides December 2011 Quarterly Activities Report
Tiger Resources provided its December 2011 quarterly activities report, reporting on the company's projects in the Democratic Republic of Congo. At the Stage 1 Heavy Media...
Coalspur Mines Completes Positive Bankable Feasibility Study on Vista Coal Project
Coalspur Mines announced the completion of a Bankable Feasibility Study (BFS) on the Company's flagship Vista Coal Project. The Company reported the BFS defined a 30 year mine life...
Ramelius Resources Provides December 2011 Quarterly Activities Report
Ramelius Resources provided its December 2011 quarterly activities report, reporting gold production in the quarter of 5,493 oz; operational factors impacting December quarter...
Cockatoo Coal Provides Surat Basin Projects Drill Update
Cockatoo Coal provided Surat Basin Projects update, reporting core drilling for washability coal quality and fugitive gas testing, and open hole drilling for improved geological...
Murchison Metals Reports Negative Cash Flow of $4.1m for the December 2011 Quarter
Murchison Metals reported negative cash flow of $4.1m for quarter ended 31 December 2011. Operating cash flow for the period was $(6.66m). Payments for exploration and evaluation...
Discovery Metals Reports Negative Cash Flow of US$19.06m for the 31 December 2011 Quarter
Discovery Metals reported negative cash flow of US$19.06m for quarter ended 31 December 2011. Operating cash flow for the period was US$(55.15m). Payments for exploration and...
CuDeco Announces Fairfield Moving to Project Status
CuDeco reported the new Fairfield drilling programme is underway, which is designed to provide sufficient detail for resource estimation at the Fairfield Project. The Company...
Aston Resources Provides December 2011 Quarterly Activities Report
Aston Resources provided its December 2011 quarterly activities report, reporting the Company on behalf of the Maules Creek JV Signed a JV Agreement with Boggabri Coal for the...
Aston Resources Reports Negative Cash Flow of $19.46m for the 31 December 2011 Quarter
Aston Resources reported negative cash flow of $19.46m for quarter ended 31 December 2011. Operating cash flow for the period was $(16.08m). Payments for exploration and evaluation...
Saracen Mineral Holdings Provides December 2011 Quarterly Activities Report
Saracen Mineral Holdings provided its December 2011 quarterly activities report, reporting excellent progress at Red October, with ore on the 1300 level reached; Red October...
Integra Mining Provides December 2011 Quarterly Activities Report
Integra Mining provided its December 2011 quarterly activities report, reporting a quarterly gold production of 22,240 oz at the Randalls Gold Project - revenue of $31.6m for the...
Integra Mining Reports Negative Cash Flow of $7.75m for the 31 December 2011 Quarter
Integra Mining reported negative cash flow of $7.75m for quarter ended 31 December 2011. Operating cash flow for the period was $(1.38m). Payments for exploration and evaluation...
CuDeco Provides Share Placement Prospectus
CuDeco provided a prospectus for the placement of 8.0m Shares at an issue of $4.00 per Share to raise $32m before the coasts of the Offer. The funds raised will be used to fund...
Bathurst Resources Reports Negative Cash Flow of $4.15m for the 31 December 2011 Quarter
Bathurst Resources reported negative cash flow of $4.15m for quarter ended 31 December 2011. Operating cash flow for the period was $(2.94m). Payments for exploration and evaluation...
Clough Announces Curtain JV Awarded PNG LNG Work Order
Clough announced that the Clough Curtain JV has received work orders worth approx. A$145m associated with the PNG LNG Upstream Infrastructure contract. The PNG LNG Project is an...
Horizon Oil Advises Final Investment Decision on Stanley Field Development PNG
Horizon Oil advised that the Company board approved the Final Investment Decision (FID) on the Stanley field gas condensate recovery project in Western Province, PNG. The Company...
Brockman Resources Announces Mr Russell Tipper as Chief Executive Officer
Brockman Resources announced the appointment of Mr Russell Tipper as CEO of the Company. Mr Tipper will join Brockman from Aquila Resources, where he has been GM of Iron Ore for...
Highlands Pacific Reports Negative Cash Flow of US$4.86m for the 31 December 2011 Quarter
Highlands Pacific reported negative cash flow of US$4.86m for the quarter ended 31 December 2011. Operating cash flow for the period was US$(4.89m). Payments for exploration and...
ResMed Inc. Announces Amendment to Credit Agreement
ResMed Inc. reported that on January 25, 2012, the Company entered into a first amendment to the existing credit agreement between us, as borrower, and lenders, Union Bank, N.A.;...
ResMed Inc. Announces Record Financial Results for December 2011 Quarter
ResMed Inc. announced record revenue and income for the quarter ended December 31, 2011. Revenue for the quarter ended December 31, 2011 was $332.7m, a 9% increase (also a 9%...
Indophil Resources Advises Upgraded Mineral Resource Estimate at Tampakan Project
Indophil Resources advised the Company had received from Project Manager Xstrata Copper a revised and upgraded mineral resource estimate for the Tampakan Cu-Au Project in which the...
Aurora Oil & Gas Announces Proposed Private Offering of Senior Notes
Aurora Oil amp; Gas announced plans to commence a private offering of US$200m in aggregate principal amount of senior unsecured notes due in 2017. The notes will be issued by a...
National Australia Bank Announces Conclusion of Pension Scheme with Clydesdale Bank
National Australia Bank and Clydesdale Bank (CB PLC) announced that they have concluded their respective 60 day collective consultation periods with members of the Yorkshire and CB...
Independence Group Announces Duketon JV Rosie Deposit Initial Mineral Resource Estimate
Independence Group announced the completion of an initial Mineral Resource Estimate for the Rosie Ni-Cu-PGE group elements sulphide deposit within the Duketon JV (IGO earning 70% of...
Greenland Minerals and Energy Reports Negative Cash Flow of $6.93m for the December 2011 Quarter
Greenland Minerals and Energy reported negative cash flow of $6.93m for quarter ended 31 December 2011. Operating cash flow for the period was $(5.31m). Payments for exploration and...
Aquila Resources Reports Negative Cash Flow of $8.34m for the December 2011 Quarter
Aquila Resources reported negative cash flow of $8.34m for quarter ended 31 December 2011. Operating cash flow for the period was $(4.87m). Payments for exploration and evaluation...
Kingsrose Mining Reports Positive Cash Flow of $8.63m for the December 2011 Quarter
Kingsrose Mining reported positive cash flow of $8.63m for quarter ended 31 December 2011. Operating cash flow for the period was $8.62m. Payments for exploration and evaluation...
Origin Energy Releases Contact Energy's Dec 2011 Monthly Operational Data Report
Origin Energy provided Contact Energy's December 2011 Monthly Operational Data Report, reporting hydro storage as at 31 December: South Island below mean - 85% of mean, North Island...
Mincor Resources Provides December 2011 Quarterly Activities Report
Mincor Resources provided its December 2011 quarterly activities report, reporting high-grade Ni was discovered at McMahon, intersections include 3.14m @ 4.78% Ni, 5.0m @ 5.57% Ni,...
Alesco Corporation Reports NPAT of $7.17m for Half-Year to 30 November 2011
Alesco Corporation reported NPAT of $7.17m for the half-year ended 30 November 2011. Revenue from ordinary activities were $274.57m, down 5.1% from last year. Basic and Diluted EPS...
Evolution Mining Reports Positive Cash Flow of $142.74m for the December 2011 Quarter
Evolution Mining reported positive cash flow of $142.74m for quarter ended 31 December 2011. Operating cash flow for the period was $10.52m. Payments for exploration and evaluation...
Pharmaxis Reports Positive Cash Flow of $67.53m for the December 2011 Quarter
Pharmaxis reported positive cash flow of $67.53m for quarter ended 31 December 2011. Operating cash flow for the period was $(8.42m). Investing cash flow was $(38,000). Financing...
IMF (Australia) Reports Negative Cash Flow of $1.2m for the December 2011 Quarter
IMF (Australia) reported negative cash flow of $1.2m for quarter ended 31 December 2011. Operating cash flow for the period was $4.98m. Investing cash flow was $(20,000). Financing...