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Business Description: Talisman Mining Limited (TLM) is a base metals and gold exploration company. The company´s focus is on the Bryah Basin Volcanogenic Massive Sulphides (VMS) copper-gold region with portfolio of projects covering a total area of 736 sqkm.
Strategy Analysis: TLM is aggressively exploring and developing its portfolio of exploration projects in the Northern Murchison region of Western Australia. The central focus is to advance the Springfield Copper-Gold Project whilst progressing and adding both regional base metal and gold projects. TLM have also implemented a strategy of seeking out low cost quality exploration acquisition opportunities.
Talisman Mining announced that it is set to embark on a targeted drilling program at its flagship Springfield copper-gold project in WA, which is located 4km from Sandfire Resource's DeGrussa copper-gold project. The drill program is scheduled to commence in the second half of March and has been designed to test 18 newly identified Tier-One copper-gold exploration targets. The program will comprise approximately 10,000m of combined diamond and RC drilling, with scope to extend this further dependent upon geological information obtained in the field and ongoing assay results.
The Age 21/05/2013 |
Optus says its 4G mobile network will reach 70 per cent of the Australian population by mid-2014. The carrier revealed it has upgraded 4000 3G sites to 4G in five capital cities and in Coffs Harbour, the Gold Coast and Byron Bay. It also plans to make its 4G network suitable for customers with dual-band 4G mobile devices.
The Age 21/05/2013 |
Hong Kong private equity firm Quantum Pacific Capital says it is best placed to resolve a dispute over the ownership of a troubled $5 billion copper and gold project in Java and is negotiating to grab back as much as 80 per cent of the project on behalf of former owner Intrepid Mines.
The Age 21/05/2013 |
Shareholders in Transfield Services were bracing themselves on Monday for an earnings downgrade following downgrades by other mine services operators such as UGL, WorleyParsons and the smaller Coffey International last week.
The Age 21/05/2013 |
The whole retail recovery story has wandered perilously off script over the past quarter. The start of the year held the promise of green shoots at the discretionary spending end. But as we near the close of the financial year, the fragile recovery appears to have been nipped in the bud.
The Age 21/05/2013 |
New Leighton Holdings chairman Bob Humphris has moved to dispel fears that its directors remain at war with its German parent Hochtief, insisting the relationship was "collegiate" despite the abrupt resignation of three fellow directors two months ago.
The Age 21/05/2013 |
Australian shares flirted with five-year highs on Monday, returning to levels not seen since the onset of the global financial crisis, as investors were spurred on by signs of strength in the US economy.
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