The Ministry of Natural Resources is pleased to announce an increase in oil export from the Kurdistan Region of Iraq. Daily flow rates through the Kurdistan crude pipeline to Turkey have risen from 185,000 in August to nearly 300,000 in the first week of November, representing an increase of some 60 percent over the last four months.
Decmil Group Limited is pleased to announce that it has agreed terms for the acquisition of the business assets of SAS Telecom Pty Ltd
Altech Chemicals Limited (formerly Australia Minerals and Mining Group Limited) is pleased to announce that the new Company name Altech Chemicals Limited was approved by shareholders at the recent annual general meeting (AGM) and will take effect from Monday, Nov. 10, 2014.
Excelsior Gold Limited advises that Reverse Circulation (“RC”) development drilling is in progress at its 100% owned Zoroastrian prospect within the Kalgoorlie North Gold Project. Two drill rigs are currently on site. The drilling is being conducted to finalise gold resource estimates ahead of mine design studies to facilitate initial open pit mining on the Project.
The Directors of Jacka Resources Limited are pleased to advise that Strachan Corporate has issued a research report on the Company. The research states that Jacka’s appealing portfolio of development, appraisal and exploration properties should attract funding and operating partners or a merger opportunity to take the assets forward.
White Star Resources Limited is pleased to advise that the Spookfish Technology Demonstrator continues to progress according to schedule. The revolutionary camera system is being assembled in the workshop and undergoing final testing prior to being installed on the aircraft ready for flight testing. The assembly process requires precise tolerances and involves the use of advanced technology to execute correctly. The Spookfish Technology Demonstrator has been designed and built to test key aspects of the revolutionary Spookfish Technology including camera system, data storage, processing and flight operations which will then be scaled up in 2015 for the Spookfish commercial offering.
Leading engineering company Monadelphous Group Limited today announced it has been awarded construction contracts for customers in the oil and gas and infrastructure markets, with a combined value of approximately $90 million.