Public Company News

Connected IO locks down another US client for “internet of things” devices

Perth based Connected IO has added another blue-chip client to its expanding US customer base securing a $100,000 purchase order from a leading US wireless solutions provider. The order strengthens the company's growing revenues and adds to its already impressive customer base that includes Coca-Cola, US telcos Verizon and AT&T, Vodafone and The Red Cross.

Alterra secures premium WA agricultural property for new style dairy farm

ASX-listed Alterra has continued its ambitious push into the Western Australian dairy industry with the purchase of a 1,640 hectare property in Dandaragan Shire. The dairy industry upstart and carbon plantation manager is confident the property will suit an innovative dairy farming system known as "System 5".

Pilbara Minerals poised to begin major construction at Pilgangoora

In an era where major resource developments can take decades to get into production, Pilbara Minerals are defying all odds at their world-class Pilgangoora Lithium project near Port Hedland. The company announced this week they had cleared a key environmental hurdle and were now awaiting just one more bureaucratic sign-off before full-scale construction begins.

Hammer picks up Mt Isa tenements littered with existing resources

Hammer Metals have bagged more exciting copper-gold real estate in the Mt Isa region with the completion of stage one of an acquisition from Chinalco Yunnan Copper Resources. The deal includes an already defined resource with 143,000 tonnes of copper and a host of other opportunities for Hammer to add value by applying its own brand of exploration.

Sky and Space Global secures commercial contracts for nano-satellite bandwidth

Sky and Space Global's proposed cutting edge miniature satellite network has received further commercial validation with the company's wholesale partner securing customers interested in accessing bandwidth from the first three units when they are launched into space. Sky and Space estimates potential initial revenues from the new contracts at circa US$500,000 per year.

Terrain lift open-pit resource by 58% near Leonora

Terrain Minerals' faith in their 100%-owned Great Western gold deposit, 68km north of Leonora has been rewarded by a 58% lift in the estimated open-pitable contained gold resource at the project. The company is now considering a host of options to monetize the project which is surrounded by numerous operating mines. 

Auroch enters land of the giants in Portugal

They say if you want to go hunting for giants you need to go to the land of the giants. Auroch Minerals appear to have done just that after securing a farm in agreement to earn up to 75% of the Alcoutim Copper, Zinc, Lead, Gold and Silver Project in Portugal. It is just 20km from the massive Neves Corvo mine that has proved up 8mt of copper and zinc concentrates over time. 

Lithium Australia ups stake in Mexican Lithium clay project.

Lithium Australia have lifted their stake in the Electra Lithium clay project in Mexico to 49% as they kick off a major drilling campaign. The Electra project is on the southern boundary of a giant Lithium clays project that has already signed a major off-take agreement with revered electric car manufacturer Tesla. 

Blackham’s plans to double production boosted by latest drill results

Blackham Resources are off to a flying start with their latest round of drilling at the Wiluna gold project, boosting confidence in the potential to expand their production outlook from 100,000 ounces a year to 200,000 ounces a year. The latest drilling has confirmed significant new mineralized zones. 

Weebit makes breakthrough with game changing memory tech

Technology company Weebit-Nano continues to make big strides in the development of its game changing "Re-Ram" memory storage technology with the announcement of successful electrical testing.  Weebit believes Re-RAM has the capacity to revolutionise memory storage due it being faster, cheaper and requiring less energy than current flash storage methods.

Connected IO expands customer base for “internet of things” devices

Connected IO has secured a AUD$270,000 purchase order for its wireless "internet of things" devices from a US security firm. The latest order further bolsters its customer base that includes Coca-Cola, US telcos Verizon and AT&T, Vodafone, The Red Cross, Cisco, and some US Police departments. The company recently posted 126% revenue growth for the December quarter. 

Lithium Australia graphite spin-off heads to Madagascar

Lithium Australia's graphite spin-off, BlackEarth Minerals, is shaping up for an impressive ASX debut after the addition of a couple of highly prospective exploration projects in Madagascar. The new properties add to a bulging portfolio of graphite projects in Australia with the company set to float on the ASX before the end of June.


Runners of the week

Company NameOpenPeak
Pancontinental Oil & Gas0.00100.0020
TV2U International0.00900.0170
Vimy Resources0.12000.2000
RTG Mining0.13500.2200
Volt Power Group0.00200.0030
Syndicated Metals0.01200.0180
Enterprise Metals0.02600.0390
Rey Resources0.10000.1450

Connected IO (CIO)

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