Morning HLL / ALL
21 March Feeds :
Hazelwood Resources (ASX:HAZ) has installed the first fill of ferrotungsten metal at its Vietnam project, that will pave the way for hot commissioning and first production at the plant towards the end of the month.
Ferrotungsten is used in high speed steel, tool steels and temperature resistant alloys.
OBJ Limited (ASX: OBJ) has expanded its patent portfolio with the formal granting of a European patent protecting the company’s powered electromagnetic drug and cosmetic delivery technology, Dermaportation.
Billabong International (ASX: BBG) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open, as a result of trading levels today
RedFlow (ASX: RFX) is a developer and manufacturer of zinc-bromide flow batteries, and has today provided an update that the ongoing development of core technology continues and that testing results are showing improved efficiency and throughput.
3D Oil’s (ASX:TDO) joint venture partner Hibiscus Petroleum has demonstrated that its Rex Virtual Drilling Technology significantly increases the chances of success in drilling for oil and gas.
Hibiscus said that tests of the technology conducted over a period of several months by Oslo stock exchange listed North Energy.
Sun Resources (ASX: SUR) has recommenced oil production at its Ellis-1H well within the Richland Oil Project in Texas with a jet pump now installed and being commissioned to increase the oil rate.
The company has begun work over operations on the Richland Project’s four oil production wells.
Investorfirst Limited (ASX: INQ) is currently in pre-open following the ASX granting a trading halt, to allow the company to complete a placement.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 25th March 2013.
Focus Minerals (ASX: FML) will move to acquire all of the remaining shares it does not own in Focus Laverton after major shareholder Stone Group revealed it intends to accept the off market takeover offer.
Continental Coal (ASX:CCC) has exceeded its forecast for underground thermal coal production from its Penumbra Mine in South Africa, upping run of mine production by 81% in February.
Run of mine coal production of 19,352 tonnes was achieved for the month compared with 10,716 tonnes the previous month. Underground production for February was 27,311 tonnes, a 93% increase on January figures
Viralytics (ASX:VLA) has accelerated the recruitment of patients with late stage melanoma for the Phase II study of its CAVATAK injection.
Patient recruitment is active across eight US clinical trial sites and 25 patients have been enrolled with all of them receiving multiple intra-tumoural injections of CAVATAK.
Hannans Reward (ASX: HNR) is currently preparing a capital raising announcement, with the ASX granting the company a trading halt this morning - with its shares now placed in pre-open.
Earlier in the month the company said that multiple conductive and well located anomalies were generated from the recently completed ground based geophysical survey at its 100% owned Pahtohavare Project located in northern Sweden.
Osprey Medical (ASX: OSP) has enrolled its first patient in a pivotal IDE clinical study of its CINCOR™ system at the Leipzig Heart Centre in Germany.
The CINCOR™ dye reduction and removal system limits the amount of dye used in a heart procedure from reaching the kidneys, thereby reducing the risk of Contrast Induced Nephropathy, a form of acute kidney injury.
Sipa Resources (ASX: SRI) is currently finalising a placement to sophisticated investors, with the ASX this morning granting the company a trading halt, and placing its shares in pre-open.
Triton Minerals' (ASX:TON) managing director Brad Boyle has bought 300,000 ordinary fully paid shares through the shortfall provisions of the company's share purchase plan.
The value of the shares is $15,000 and Boyle now has 693,037 ordinary listed shares and 2,000,000 unlisted options with an exercise price of $0.10 expiring 18 June 2015.
Cauldron Energy (ASX:CXU) has identified significant silver and anomalous copper and lead values following reconnaissance drilling at its Marree project in South Australia.
In total eight reverse circulation (RC) holes were drilled totalling 898 metres of drilling.
IMX Resources (ASX/TSX:IXR) will commence a fascinating diamond drilling program under the Cairn Hill Mine in early April looking for copper and gold mineralisation.
Iron Oxide Copper Gold mineralisation at the Cairn Hill mine is open at depth, below resource and historical drilling.
Cazaly Resources (ASX:CAZ) has intersected massive sulphides at its Mt. Angelo North copper prospect in Western Australia, with intercepts including 15 meters at 2.70% copper equivalent (CuEq) from 36 metres and 21 metres at 2.97% zinc.
Inca Minerals (ASX: ICG) is currently in pre-open after the ASX granted the company a trading halt, pending a capital raising announcement.
Inca is focused on identifying early stage, large potential assets in South America.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 25th March 2013.
Empire Oil & Gas (ASX: EGO) has started surveying 80 square kilometres in Exploration Permit EP 389 as part of the Wannamal 3D Heliseismic Survey, the first helicopter borne survey of its size in the onshore Perth Basin, Western Australia.
Recording of the seismic survey is planned to start in April 2013 upon the surveying being completed and the last approvals received from the State Government Department of Mines and Petroleum.
Austral Resources (ASX: AZW) will soon debut on the ASX on completion of its current IPO which is aiming to raise $5 million from the issue of 25 million shares at $0.20 each.
The company’s listing date is set down for Wednesday 10 April 2013.
South Boulder Mines (ASX: STB) has provided an update of the economic model for its Colluli Potash Project in Eritrea.
The company has generated a staged development scenario based on the key elements of the two previous Engineering Scoping Studies (ESS-1 and ESS-2) and the in progress Definitive Feasibility Study (DFS).
Corazon Mining (ASX:CZN) shares gained as much as 35% after the company said it had started exploration at its Top Up Rise iron oxide copper gold project in Western Australia.
Shares went as high as 3.5 cents before trending down to around 3.3 cents a share.
Ground gravity survey has started and it is likely to be completed in three weeks time.
Global Geoscience (ASX: GSC) has successfully negotiated an ongoing funding commitment from Canadian gold producer Osisko Mining (USA) for Global’s three key Nevada gold projects.
Under the deal Osisko can earn an initial 45% interest in the projects by spending US$8 million over four years.
Osisko Mining (USA) is a subsidiary of Osisko Mining Corporation (TSX: OSK), owner and operator of the 10.1 million ounce Canadian Malartic gold mine.
Audalia Resources (ASX: ACP) has now released an initial JORC Resource for its Medcalf Vanadium Project in Western Australia after completing a recent drilling campaign at the Vesuvius and Fuji prospects.
The company has defined an Inferred Resource of 28.5 million tonnes at 0.5% vanadium and 9.27% titanium using a 0.2% cut-off.
-----------------------------------------------------------------------------GOLD
Gold futures snapped four days of gains on Wednesday ahead of the U.S. Federal Reserve’s monetary-policy decision and economic forecast.
The yellow metal stretched losses in electronic trading after the central bank’s statement. Investors also considered reports out of the Mediterranean island of Cyprus, which has turned down terms for a rescue plan, and the implications for the euro-zone economies.
After regular trading on the Comex finished, the Fed said it would adhere to its stimulus plan and kept its federal funds rate target unchanged at a record low range of 0 to 0.25 percent.
Before the Fed announcement, April futures for gold gave up 0.2 percent $1,607.50 an ounce on the Comex division of the New York Mercantile Exchange.
Then shortly after the Fed news, prices in electronic trading on Globex dropped further to as low as $1,604.40.
The central bank also said the economy is expanding at a moderate pace but that there are still downside risks to the outlook.
Fed Chairman Ben Bernanke told a news conference the Fed was looking at more than just the unemployment rate to evaluate the health of the job market. He also said the Fed expects to stop buying bonds a long time before it begins raising interest rates.
Moving to energy prices, crude oil for April delivery advanced 0.4 percent to $92.48 a barrel on the New York Mercantile Exchange, paring the loss it suffered on Tuesday due to anxiety about the rescue plan for Cyprus. Gains were supported by a surprise decline in crude supplies last week.
May crude added 0.3 percent to $92.79 a barrel.
In London, Brent crude for May delivery strengthened 0.5 percent to $107.92 a barrel on ICE Futures.
In other energy contracts, Gasoline for April delivery slipped 0.1 percent to $3.04 a gallon, while heating oil for April tacked on 0.5 percent to $2.88 a gallon.
Natural gas for April retreated 1.4 percent to $3.91 per million British thermal units.
-------------------------->>>>>>>>> GO BOMBERS >>>>>>>>>------------------------
>>>>>To Read Full Article of any stock, Please visit link below.
Source: Proactive Investors Australia
