Unity Mining Limited
News
Asian Activities Report for October 12, 2011 includes: Fortescue Metals Group Limited (ASX:FMG) says that the total iron ore resource at the Nyidinghu ore body has exceeded 2 billion tonnes and the Company's total resource inventory has increased to 11.42 billion tonnes; Credo Resources Limited (ASX:CRQ) has entered into an agreement to acquire extensive interests in gold permits in Burkina Faso; Carnarvon Petroleum Limited (ASX:CVN), together with its joint venture partner Pan Orient Energy (CVE:POE), says that NSE-F6 Development Well located onshore Thailand has been successfully drilled; Unity Mining Limited (ASX:UML) has signed an agreement to farm into the Firetower exploration project held by Greatland Gold plc (LON:GGP).
Asian Activities Report for June 2, 2011 includes: Ord River Resources Limited's (ASX:ORD) 49%-owned Sino Australian Resources Co., Ltd signed a Memorandum of Understanding with China Non-Ferrous Metal Industry's Foreign Engineering & Construction Co. Ltd (SHE:000758) for a proposed Engineering, Procurement and Construction contract; Minemakers Limited (ASX:MAK) signed a Memorandum of Understanding with NMDC Limited (BOM:NMDC) for the development of the Wonarah Phosphate deposit in the Northern Territory; Unity Mining Limited (ASX:UML) has commenced the development of the Newton Zone at the Henty Gold Mine; Discovery Metals Limited (ASX:DML) reported high grade copper silver intersections from the Plutus deposit within its 100% owned Boseto copper project.
Wall Street ended modestly lower overnight after the Shanghai stock market slumped 5 per cent, a biggest single day decline of the year in China. The US stocks were also hit by the Commerce Department data that new orders for US manufactured durable goods fell 2.5 per cent in June.
On Friday Asian and European markets fell while Wall Street was closed for public Holiday. The Australian shares closed lower Friday as US shares tumbled on the unfavorable unemployment figures and commodities prices were also lower. The benchmark S&P/ASX200 index lost 49.1 points, or 1.27 per cent, to 3828.2 points, while the broader All Ordinaries index slumped 48.6 points, or 1.25 per cent, at 3826.6 points. The Reserve Bank of Australia Tuesday will announce its official interest rate after board meeting.
On Thursday, the Australian shares rose for the third consecutive day led by rallies in overseas markets and strong commodities prices. The benchmark S&P/ASX200 index was up 30.7 points, or 0.88 per cent, at 3,526.2, while the broader All Ordinaries index had gained 26.2 points, or 0.76 per cent, to 3,461.3. The Australian market might lose its recent gains following the heavy fall in Wall St.
Bendigo Mining Limited (ASX: BDG) - Paydirt Gold Conference Presentation - Mr Rod Hanson, MD andf CEO; Boardroomradio is pleased to announce that Bendigo Mining Limited (ASX: BDG) has published an audio file.
The Directors of Novacoat Holdings Ltd (ASX: NVC) announced today that its subsidiary, McFee Pty Ltd (McFee), has received a Notice of Award and Authority to Proceed, for the structural and mechanical installation works for Bendigo Mining Company Limited's glod processing plant in Bendigo, Victoria. The value of the works is approximately AUD$6 million.
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