Company Announcement: TNG Completes Major Investment Milestone with Chinese and Boosts Cash To $11m Investment to Progress Evaluation of Mount Peake Strategic Metals Project and Advance other Projects

Australian resources company TNG Limited is pleased to advise that it has further strengthened its cash position to over $11 million and cemented the foundations for its growth after completing the final stage of its previously announced $13.4...

Company Announcement: Kingsrose Mining - Declares maiden 4c dividend

Kingsrose Mining Limited is pleased to announce that it will pay a maiden unfranked interim dividend of 4 cents a share.

Company Announcement: Strong turnaround in profitability for Ansys Limited

The refocusing of Ansys Limited’s business on the rail and mining market segments has led to a strong turnaround in the company’s financial results for the year ended February 2012.

Iamgold profit falls on lower gold production

Iamgold Corp's net earnings from continuing operations fell 11%, as gold production for the quarter fell and mining costs increased. January-March net earnings from continuing operations attributable to equity shareholders fell to $119.2-million,...

Company Announcement: Update on Capital Raising and operations

Further to the announcement of 7 May 2012, Alcyone Resources Limited advises that, due to the recent adverse conditions and instability in global financial markets, the Company’s share placement will now be undertaken at an issue price of 4.8...

Company Announcement Midwinter Raises $840,000 To Furter Iron Ore Exploration in South Africa

Midwinter Resources has received commitments of $840,000 for a private placement of 8,000,000 shares at 10.5 cents per share.

US aluminum premiums soar to record above 10c/lb

Benchmark US Midwest spot aluminum premiums rose above 10c a pound for the first time as a persistently strong spread between cash and forward prices on the London Metal Exchange (LME) continued to tie up the metal in the warehouses. The...

Company Announcement: $4M placement to accelerate ramp-up of silver production

Alcyone Resources Limited is pleased to announce that it has finalised arrangements to raise $4 million through a share placement to accelerate the ramp-up of silver production, reduce operating costs and fund new exploration initiatives at its...

Consol quarterly profit misses, stock slips

Consol Energy missed Wall Street estimates with a sharply lower quarterly profit, hurt by lower coal prices and higher costs, and it cut production targets for this year. In morning trading on the New York Stock Exchange, Consol stock was down 98...

Company Announcement: Successful Completion of $1.5 Million Rights Issue Shortfall Placement

The Directors of Excelsior Gold Limited are pleased to advise that the Company has completed the placement of the Shortfall from the Rights Issue Offer which closed on 27 March 2012

Company Announcement: GBM Resources Completes $1.3 Million Placement To Support Milo Project Scoping Study

Australian resources company GBM Resources Limited is pleased to announce it has received firm commitments from institutional and sophisticated investors for a Placement of 16.7million shares at an issue price of 8 cents per share to raise...

Company Announcement:Successful share placement and SPP to raise $7m for Dargues Reef

Australian gold company Cortona Resources Limited is pleased to announce that it has placed 33 million shares at 12 cents per share to raise $3.96 million and has resolved to raise a further $3 million via a Share Purchase Plan to existing...