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Shark Mitigation Systems go direct to US retailers for shark tech

ASX-listed Shark Mitigation Systems has launched its breakthrough anti-shark technology known as “SAMS” directly into the US water sports market, rolling it out to more than 200 US surf stores. SAMS are a series of proprietary stripes that can be attached to marine apparel for the purposes of deterring a shark or camouflaging the wearer.

Auroch confirms rich Cobalt grades at historic copper mine

New assays have backed Auroch Minerals’ hunch that an ancient European Copper mine could be rich in Cobalt with expectations around the upcoming drilling program now elevated. Assays from a second round of samples from waste dumps at the Tisova mine in the Czech Republic have produced economic grades of Cobalt, Copper, Gold and Silver, including a best result of 0.69% Cobalt.

Sky and Space lock in first client for miniature telco satellites

ASX listed Sky & Space Global have progressed the commercialisation of their game changing telecommunications “nano-satellites” by signing their first binding commercial contract with a wholesale customer, Sat-Space Africa. The contract provides confidence in Sky and Space’s nano-satellites and their technical capability as the company works to roll out up to 200 of the miniature orbital devices by 2020.

Stargroup’s legacy interest in ATM manufacturer pays off

ASX-listed Stargroup has upwardly re-valued its legacy investment in part owned ATM machine manufacturer and supplier NeoICP after the Korean company posted a robust set of full year accounts. Stargroup has an 11.28% legacy stake in the privately owned NeoICP, which delivered revenues of AUD$23.7 million for the twelve months to June and an EBITDA of AUD$2.1m

Sky and Space nano-satellites complete successful orbital testing

Sky and Space Global’s game-changing “nano satellites” have successfully passed orbital testing, keeping the Perth-listed wanna-be telco on track to commence commercial revenue generation. With the orbital testing phase completed, Sky and Space’s miniature satellites will now undergo a battery of commercial testing including the facilitation of phone calls, instant messaging and data transfers.

Connected IO locks down largest “internet of things” order

ASX listed "internet of things" player Connected IO continues to strengthen its relationship with Verizon, with the Perth-listed company receiving its biggest ever purchase order from one of the giant US telco’s preferred distributors, Mach Networks. Management said it received the order from the machine-to-machine solutions provider for 3,000 of its modem like units, worth over $700,000.

Hammer bags JV with 2nd global mining heavyweight

Hammer Metals is once again punching above its weight by securing a joint venture with Glencore to explore for high-grade copper-gold adjacent to the old Mary Kathleen uranium mine in Queensland. It is Hammer’s second joint venture with a global mining heavyweight, following a deal with Newmont in late 2015 to explore for base metals elsewhere in the Mt Isa district.

Auroch sitting pretty at centre of Europe’s cleantech boom

The cleantech boom is taking off in Europe, led by the region’s eco-conscious citizens and indomitable car makers. Perfectly positioned is ASX-listed Auroch Minerals, which appears to have found a Cobalt treasure trove in Europe’s industrial heart. Drilling is about get underway at the historic Tisova copper mine in the Czech Republic, which was never explored for Cobalt but appears to have plenty of it.

Stargroup enters casino equipment market

ASX-listed Stargroup is launching a range of casino technologies targeted at the Australian gambling market that have previously been successfully rolled out in casinos across Asia. The Perth-based company says it is working closely with major Korean ATM machine and casino settlement solution manufacturer, NeoICP, to tailor the gaming solutions for the Australian market.

Calidus hits 2 ounce to the tonne pay dirt in Pilbara

Calidus Resources have beaten all expectations in their prospectus with another round of spectacular drill hits from the Warrawoona gold project in the East Pilbara. An eye-popping 6 metre drill intersection grading 63.3 g/t gold has the market sitting up and taking notice with every one of the 40 holes drilled to-date punching through potentially ore-grade mineralisation.

Connected IO kick the door down in US fast food market

It seems that almost no market is out of bounds for “internet of things” player Connected IO and their wireless command and control technology. In what looks like proof positive that the "internet of things" market has definitely arrived, last week the company announced a major new deal in the military drone market and this week they are selling their technology to 3000 US Burger King stores.

Mining gods smile on Northern Minerals

It seems that the mining gods have caucused and the result is that Northern Minerals shall be rewarded for their bold decision to build Australia’s first heavy rare earths mine. In an exquisite piece of timing, a Chinese government crackdown on illegal mining has sent prices soaring for Dysprosium - the key rare earths product to be churned out from the soon to be built Browns range mine near Halls Creek.

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Runners of the week

Company NameOpenPeak
Lepidico0.01200.0360
Nex Metals Exploration0.00700.0140
Resource Mining Corporation0.00700.0140
Magnum Gas & Power0.00100.0020
Elixir Petroleum0.04300.0820
Hannans0.01300.0240
Segue Resources0.04300.0770
Hawkstone Mining0.02300.0380
iCollege0.02400.0390
Venus Metals Corporation0.09500.1500

Share Price

Closing price for the last 90 trading days
Source: Morningstar

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