BAUXITE - Agreement on Taralga PFS

Australian Bauxite Limited has concluded a Memorandum of Understanding to jointly conduct a pre-feasibility study (PFS) in relation to the Goulburn-Taralga bauxite project in New South Wales, Australia.

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BAUXITE - New discovery in central Queensland

Emerging bauxite exploration company Australian Bauxite Limited has uncovered a thick layer of high quality bauxite under a clay horizon at its Binjour project in central Queensland.

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CAMBODIA - Angkor transaction completed

Angkor Gold Corporation, formerly Weifei Capital, has completed its acquisition of Prairie Pacific Mining Corp and has raised $3 million in a brokered financing which will be used for exploration on its properties in the Kingdom of Cambodia.

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CHINA - Aohanqi upgrade continues

Hong Kong-listed precious metals company Sino Prosper State Gold Resources is making progress in its bid to become a major Chinese precious metals producer. The company plans to acquire near-production mining projects with a current focus on the 70% owned Aohanqi project in Inner Mongolia.

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