Forge Resources Limited
News
Atlas Iron Limited (ASX:AGO) are pleased to provide the June 2012 Quarterly Report, report includes; Operations update - mine production and shipping, marketing, projects Horizon 1 & 2, exploration and resource development, resources and reserve update, and corporate update.
Following a variation of the sale agreement, the total cash consideration of AU$39.5 million was paid to Atlas prior to settlement rather than in two tranches (AU$17.5 million on settlement and AU$22.5 million 12 months later) as originally announced in December 2011.
Asian Activities Report for September 13, 2011 includes: Ark Mines Limited (ASX:AHK) has signed an agreement to acquire ownership and control of the Masuparia Contract of Work tenement in Indonesia; PepinNini Minerals Limited (ASX:PNN) today updated on the extensive drilling program at its Robinson Range Iron Ore Project in Western Australia; Forge Resources Limited (ASX:FRG) has signed an option agreement to acquire a 100% interest in the West Eucla Mineral Sand Project; Cabral Resources Limited (ASX:CBS) has applied four new iron ore tenements in Brazil; Tata Chemicals Limited (BOM:500770) said today that Gabon Fertiliser Company and Technip (EPA:TEC) have signed a Pre Construction Services Agreement for the proposed urea fertiliser plant in Gabon.
Australian Market Report of March 16, 2011 includes: WPG Resources Limited (ASX:WPG) has commenced a drilling program at the Company's Penrhyn Coal Project in South Australia; Forge Resources Limited (ASX:FRG) has entered into an agreement with Lynas Corporation (ASX:LYC) to sub-lease rare metals and phosphate deposits; Alara Resources Limited (ASX:AUQ) has commenced a phase 2 drilling programme at its Daris East Copper Project in Oman; Northern Star Resources Limited (ASX:NST) reported significant high-grade drilling results at its Paulsens Gold Mine in Western Australia.
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