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news keeps spreading

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    Sydney - Tuesday - March 23: (RWE Australian Business News) -
    ****************************

    Some share price moves to keep an eye on in the market:

    Dragon Mining (ASX:DRA) up 0.3c to 8.9c: Results from a diamond
    core drilling program of the Sarvisuo deposit at the Orivesi goldmine in
    southern Finland reveal new intercepts of 28.5m at 6.03 g/t gold, 28.15m
    at 6.81 g/t gold and 23.00m at 12.32 g/t gold.

    Antares Energy (ASX:AZZ) down 4c to 78.5c: Announced reserves
    for McMullen, Wharton and Brazoria Counties in Texas.

    Equinox Minerals (ASX:EQN) down 6c to $3.84: It and ZESCO, the
    Zambian power authority, have a settlement agreement in relation to
    electrical power supply charges incurred during the construction phase
    of the Lumwana copper mine.

    Asciano (ASX:AIO) up 3.5c to $1.885: Has a long-term
    rail-haulage contract with Australian Freight forwarding company
    Sadleirs Transport that will generate more than $150m in revenue over
    the next seven years.

    TPG Telecom (ASX:TPM) up 14c to $2.26: Lifted net profit 443pc
    to $27.49m in the six months ended January 31.

    New Hope Corporation (ASX:NHC) up 7c to $4.95. Earned net profit
    of $111.58m for the half year to January 31, higher than guidance,
    compared with $1.82bn in the previous corresponding period, which
    included $1.688bn from the sale of the New Saraji coal assets.

    Mooter Media (ASX:MMZ) up 0.3c to 3c: Expects to sign the
    proposed agreement with Hot Shot Media within seven days. In response to
    an ASX price rise query said there was considerable speculation over the
    social gaming sector which was the new "online phenomenon".

    Phosphagenics (ASX:POH) up 0.3c to 9.8c: With The Quigley Corp
    has formed a strategic JV to develop a wide range of over-the-counter
    remedies for worldwide distribution and sale.

    PharmAust (ASX:PAA) down 0.5c to 4.5c: Will farm into two
    contiguous offshore exploration permits in offshore Pantelleria in
    Italian waters and Kerkouane, offshore northeast Tunisia.

    BC Iron (ASX:BCI) up 6.5c to $1.37: Has awarded the first key
    construction and services contracts for Nullagine Iron Ore (BC Iron
    50pc/Fortescue Metals Group (ASX:FMG) 50pc) in WA's Pilbara.

    ISOFT Group (ASX:ISF) up 2.5c to 53c: NHS Shared Business
    Services has extended contract for iSOFT to host its Oracle finance and
    purchasing applications by an additional two years.

    Jupiter Energy (ASX:JPR) up 0.8c to 7.4c: Went as high as 8.5c
    after reports the J-50 well being drilled on Block 31 in the Mangistau
    Basin in Kazakhstan has confirmed an oil discovery.

    Peninsula Minerals (ASX:PEN) up 0.5c to 5.2c: Completed
    metallurgical testwork at the Ross permit area and confirmed average
    recoveries of greater than 80pc uranium across all samples.
    ENDS
 
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