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Business Description: Robust Resources Limited (ROL) is a precious and base metal exploration and development company in Indonesia and the Philippines. Its flagship project is the Lakuwahi project located on Romang Island in Indonesia's endowed Banda Magmatic Arc, 650km NW of Darwin. The majority of the exploration has revealed gold silver with base metals.
Strategy Analysis: ROL is focused on aggressively exploring for precious and base metals on Romang Island, Indonesia.
Robust Resources announced that the Company has made substantial progress on its ongoing exploration and development program at its mineral deposits of oxide Au-Ag and polymetallic base and precious metals on Romang Island, Indonesia. The Company reported it has commenced a large drilling campaign for 2012, using all the financial, human and material assets at its disposal. Robust have now commenced a major drilling programme designed to test fresh targets, as well as follow up extensions to the known mineral deposits. This 20,000m programme will run for the duration of calendar 2012, utilising eight (building to ten) exploration diamond drill rigs in both north and south Romang Island. Initially, eleven prospective Lakuwahi targets will be explored.
The Age 18/05/2013 |
As Australia's major retailers increase their online sales channels, pouring millions into their websites, they could face new competition from China's booming e-commerce industry.
The Age 18/05/2013 |
Most of those who take a political approach to the budget assume that if it's in deficit, the way you get it back to surplus is to cut government spending or, if you're a really bad person, increase taxes. They forget it's the budget itself that's supposed to do the heavy lifting.
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