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Lithium Australia look to create world’s largest Lithium landholding with takeover bid

Lithium Australia say they would have one of the world's largest Lithium development and exploration portfolio's under one roof if shareholders of fellow ASX listed Lithium player Lepidico accept their audacious takeover bid launched today. It would also bring together two Lithium processing technologies under one roof and end the costly IP legal battle between the parties. 

Peppermint to lever Philippines operation to create Australian remittance business

Mobile banking and payments company Peppermint Innovation will lever off their burgeoning Philippines mobile payments business to create a new international money remittance business in Australia this year. It will make good use of Peppermint's entrenched position within the Philippines banking market to provide money transfers between the two countries. 

Northern Minerals close to decision on heavy rare earths plant in W.A

Australia could soon have its first heavy rare earths mine after Northern Minerals said they were rapidly approaching a final investment decision at the Browns Range project in northern WA. The Perth-based company took some big strides with the project in the past quarter, including the appointment of Sinosteel MECC as EPC contractor.

Dodgy job seekers on notice as CV Check revenues hike by 50%

If the extraordinary revenue growth of Perth based, ASX listed CV Check is any guide, employers are clearly becoming more and more suspicious of dodgy CV's being submitted by job seekers. Employers appear to be embracing the concept of stress testing a job candidate's CV after CV Check posted a 50% jump in quarterly revenues for the December quarter.

Blackham strikes deal to mine neighboring gold deposit at Wiluna

Blackham Resources looks set to add another revenue stream at Wiluna by striking a deal with ASX-listed GWR Group to mine their neighboring West Wiluna gold deposits on a profit share arrangement. The West Wiluna gold project, just 40kms from Blackham's newly recommissioned Wiluna gold plant, contains an estimated gold resource of more than 250,000 ounces.

Independent review identifies 11 high priority gold targets for Troy

Troy Resources have developed some exciting new exploration targets near their Karouni gold mine in Guyana, South America, including a new prospect measuring 1200m by 150m. The new targets stem from a major review of historical geophysical data that may have generated some breakthrough ideas for targeting gold in the Karouni mine area.

Pharmaust banks $400k rebate from Feds after successful anti cancer trials

ASX listed PharmAust has received a $400,000 rebate from the Federal Government in recognition of their cutting edge research and development program being undertaken at two of the Perth-based company's wholly owned subsidiaries.  Pharmaust's new anti-cancer drug, Monepantel, has been powering though human and K9 trials with considerable success. 

Lithium lurking just below surface at Lake Johnston say Lithium Australia

Lithium Australia's exciting Lake Johnston project is looking good after a geophysical survey identified multiple new targets that could represent Lithium-bearing pegmatites lurking just below surface. Lake Johnston, 420km east of Perth, shot to prominence with the nearby discovery of the sizeable Earl Grey Lithium deposit.

Sipa looking to sniff out “tier one” mineral resources in two continents

Sipa Resources have kicked off their 2017 exploration programs in both Uganda and the Paterson region in the north of W.A. The company is a little different to many other exploration hopefuls in so much as both of their projects appear to boast huge mineralized systems and if they can find the source of the mineralization they may well have at least one and maybe two tier 1 projects. 

MGC to test cannabis skin care product in human trials

ASX-listed MGC Pharmaceuticals march towards full commercialisation of its cannabis-based dermatological skin care line is a step closer with the company announcing the start of human clinical trials of its products. The company says it plans to commence sales of its unique derma skin care range that will target acne amongst other things from September.

Pilbara Minerals Lithium resource cracks 155m tonnes

Pilbara Minerals' Lithium deposit at Pilgangoora has increased in size yet again after more drilling success and the acquisition of the neighbouring Lynas Find deposit. The Pilgangoora project near Port Hedland is now firmly established as one of the world's largest hard rock Lithium deposits and is on track to become a globally significant producer this year.

Sky and Space Global successfully completes nano-satellite construction

ASX listed Sky and Space Global has successfully completed the assembly of its "3 Diamonds" trial nano-satellites, with the Perth-based company now moving to the final phase of preparations ahead of the launch of its miniature satellite prototypes for its narrow band telco network that will service remote and regional areas and industries such as shipping and aviation. 

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Runners of the week

Company NameOpenPeak
Ausquest0.00700.0160
Cape Lambert Resources0.01900.0390
GME Resources0.06100.1250
Pilot Energy0.00100.0020
Baraka Energy and Resources0.00100.0020
Resource Mining Corporation0.00400.0080
Conico0.04500.0850
Cohiba Minerals0.01800.0340
Capital Mining0.00800.0150
MacPhersons Resources0.13500.2450

Share Price

Closing price for the last 90 trading days
Source: Morningstar

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