CHINA - Asia Now raises $1.248 million

Asia Now Resources has raised US$1.248 million through a non-brokered private placement of senior unsecured convertible debentures. Controlling shareholder China Gold Pte Ltd took up the entire offering.

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INFRASTRUCTURE - Padbury secures Oakajee funding

Padbury Mining has secured the funding necessary to construct a $6 billion deep water port and associated rail network at Oakajee. This is a major breakthrough for the company, which retains 36% equity in Midwest Infrastructure (MWI), and for the Mid-West region of Western Australia.

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EVENTS - Women in Resources panel at COO summit

Traditionally the mining and resources industry is predominantly male. Women are still under represented and only make up 15% of Australia’s mining workforce. While there have been many positive changes integrating women into the mining industry, it still appears that they are under-represented.

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SUPPLIERS - Cat dealers deliver safety technology

In May 2013 Caterpillar and Seeing Machines entered into a global alliance to promote and distribute the Driver Safety System (DSS) through Caterpillar’s global dealer network. The DSS has more than 2500 units working in the field providing customers with an innovative solution to manage and mitigate operator distraction and fatigue.

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