12:00 AEST June 17, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.
Sydney, Australia (ABN Newswire) - Major Asian markets had a mixed opening. In early trade, the S&P/ASX 200 bounced 0.55% to 4504.1. Nikkei 225 opened higher but soon dropped 0.19% to 9,393.35. Hang Seng Index fell 0.13% to 21924.52, while Shanghai Composite lost 0.11% to 2661.45.
Companies
Centaurus Metals Limited (ASX: CTM) has acquired a portfolio of iron ore tenements in south-eastern Brazil, known as the Serra do Lontra Project, to underpin its strategy to export 1-2Mtpa of high-grade hematite to international markets by mid-2014. The company has set up an Exploration Target of 30-50 million tonnes of itabirite ore and will apply for environmental and mining approvals shortly.
L&M Energy Limited (ASX: LME) will commence drilling on Taranaki (New Zealand) drilling programme with the first well Talon-1 to be drilled on 1st July. The Talon-1 well is targeting oil reserves of 2mmbbl and will be followed by other drilling targets.
U3O8 Limited (ASX: UTO) has received a number of high grade gold and silver assays from the Saltwater Pool Joint Venture project in Western Australia. Rock chip sampling has returned up to 8.8 g/t gold and 150 g/t silver. Additional sampling is planned before the commencement of a detailed follow-up sampling and geological mapping programme.
Saracen Mineral Holdings Limited (ASX: SAR) is on track to meet its maiden full financial year production guidance of 110,000 to 120,000 ounces of gold from the Carosue Dam operations. Its gold production is expected to be 24,000-27,000oz in the June quarter and 30,000-32,000oz in the September quarter. The Company's Red October underground mining project is also developing ahead of schedule with the first ore production expected in the June quarter 2012.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
12:00 AEST June 17, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.
