Territory’s interim profit falls on wet weather

Iron-ore-miner Territory Resources’ interim profit fell by 27%, as wet weather impacted on its operations. Profit fell to A$9,93-million in the six months ended December, compared with the A$13,6-million in the previous corresponding period.

Pan Asia resumes trading on ASX

Diversified junior Pan Asia Corporation has relisted on the ASX following the acquisition of Indonesian coal assets. Pan Asia was suspended from official quotation in November on news that it had bought Innovation West, the owner of a mix of...

Territory looking to extend life of Frances Creek, eyes acquisitions

Australian iron-ore company Territory Resources is looking to extend the operating life of its Frances Creek mine, in the Northern Territory, chairperson Andrew Simpson said on Monday. He said in a copy of a speech delivered at the company’s...