(RTTNews) - Sydney shares closed slightly lower on Tuesday, ending a three-day winning streak. While resources stocks were under pressure due to lower commodity prices, St. George Bank surged after it agreed to be acquired by Westpac Banking Corp.
Brisbane, Australia, May 13, 2008 - (ABN Newswire) - Chesser Resources Limited (ASX:CHZ) is pleased to announce the commencement of the 2008 drill program on the Sisorta property. The 70 hole, minimum 8000 metre program began on the 3rd of May 2008, and is aimed at extending the high grade, near-surface oxide gold mineralisation already intersected in the first 28 holes on the property.
LONDON (Thomson Financial) - Melrose Resources Plc. said net entitlement production in the first quarter of 2008 increased 64 percent compared with the same period in 2007 and added its net production guidance figure for 2008 of 20,000 boepd remains unchanged.
Sydney, Australia, May 13, 2008 - (ABN Newswire) - Tamaya Resources Limited (ASX: TMR or "Tamaya")(PINK:TMAYF) has completed a remapping of the Regua Tungsten project (TMR 86.2%), and a detailed data review following the mobilisation of an exploration team for the project in late 2007.
Frontier Resources announced that a positive "Initial Environmental Assessment" (IEA) Report has been produced by Independent John Douglas of Douglas Environmental Consultants, Papua New Guinea. The IEA conclusions support all Frontier's previous comments relating to this issue confirming there is no valid reason under the Mining Act or even in the National Interest to not renew the Exploration ...
