Geodynamics Limited (ASX:GDY) was registered as a public company in November 2000. The Company was formed solely to focus on developing renewable geothermal energy generation from hot dry rocks (HDR) in Australia.
Geodynamics Limited (ASX:GDY) and joint venture partner Kentor Energy Pty Ltd, a 100% owned subsidiary of KGL Resources (ASX:KGL), are pleased to announce that the Environmental and Social Impact Assessment (ESIA) for the Savo Island Geothermal Power Project has been completed.
Geodynamics Limited (ASX:GDY) wishes to advise that Gerry Grove-White has resigned after three years in his role as Managing Director to pursue other interests, with effect from 9 July 2010.
Geodynamics Limited (ASX:GDY) is pleased to provide a Quarterly Activities Report for the period ending 31 March 2010.
Geodynamics Limited (ASX:GDY), as operator of the Innamincka 'Deeps' Joint Venture, is pleased to announce an updated forward work program for the development of its geothermal resource in the Cooper Basin.
In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.
In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.
In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.
Yesterday, the Australian share market closed weaker across the board as the big miners and most of the banks fell. On Thursday the benchmark S&P/ASX200 index slid below the key 5000 mark, losing 80.5 points, or 1.59%, to 4979.5, while the broader All Ordinaries lost 79.6 points, or 1.55%, to 5050.9. Analysts says today investors face a day of turmoil as Wall St slumped overnight on renewed concerns about the economy with reports showing retail sales and employment are weakening.
Emission-free geothermal energy may be a proven concept in Australia by the end of 2007, with hot rocks explorer Geodynamics securing its own rig to complete a commercial-scale well.
Geodynamics Limited (ASX: GDY) - Progress Report at Habanero 3 - Dr.
