Australian Market Report of January 24, 2011: IMX Resources (ASX:IXR) To Sign Iron Ore Sales Contact With China Juhua Group
Australian Market Report of January 24, 2011 includes: IMX Resources Limited (ASX:IXR) announced the signing of a binding term sheet for the sale of Cairn Hill Phase 1 ore; Alchemy Resources Limited (ASX:ALY) reported high-grade gold intersections in Western Australia; Altera Resources Limited (ASX:AEA) has signed a Joint Venture agreement to explore for coal in Tanzania; Golden Rim Resources Limited (ASX:GMR) confirmed major gold targets in Mali.