Apollo Minerals Limited.
ASX:AON ISIN:AU000000AON7
News
Asian Activities Report for September 2, 2011 includes: Investigator Resources Limited (ASX:IVR) today announced a significant upgrade to its Paris Prospect in South Australia; Apollo Minerals Limited (ASX:AON) has identified strong potential for large volumes of iron mineralisation on the Company's 100% owned Commonwealth Hill property in South Australia; Venturex Resources Limited (ASX:VXR) announced a 45% increase in the JORC Reserve to 5.7 million tonnes at the Sulphur Springs Copper-Zinc Deposit; GBM Resources Limited (ASX:GBZ) said today that the first drillhole completed on the Bungalien project farm-in area in Queensland has returned a broad interval of copper mineralisation.
Australian Market Report of November 26, 2010 includes: Corazon Mining Limited (ASX:CZN) acquires additional exploration projects in Canada; YTC Resources Limited (ASX:YTC) announced further strong copper results in NSW; Apollo Minerals (ASX:AON) has completed its four-hole reverse circulation drilling programme in Western Australia; Ampella Mining Limited (ASX:AMX) confirmed continuity of gold mineralisation at the Batie West Project in Burkina Faso.
The Australian share market opened slightly lower on Wednesday with weakness in financial stocks. Wall Street has provided a flat lead to the local market. Mining stocks were mixed while commodities prices were firmer. Gold miners gained after gold price hit a record high overnight in London and New York.
Australian stocks ended flat for a second day after an early rally sparked by Babcock & Brown's winning of a reprieve from bankers loses steam. Yesterday, the benchmark S&P/ASX200 share index ended little changed for a second day running, giving up just 1.4 points to 3542.4, while the All Ordinaries index ended down 0.2%, or 8.4 points, at 3468.1. Earlier, the indexes climbed about 2%. It is anticipated that the energy and mining sectors will plunge after the commodities price lowered with poor outlook and concerns over companies' ability of debt refinancing in a short term may weigh on the stocks.
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