Matt Birney

Sky and Space Global, has signed a deal with China’s Beijing Commsat Technology Development Co. that provides a fast entry into China’s burgeoning “internet of things” market for the Perth listed upstart telco. The parties will explore how Sky and Space’s nano-satellite technology can be incorporated and used to advance and enhance the current network offering from Commsat Technology.

Aspire Mining’s proposed railway line in Mongolia is firming up as the Russian and Chinese Government’s recognize the strategic value of Mongolia as a transport hub. Aspire is now evaluating a dual transportation option for its Mongolian coking coal after Russia and Mongolia signed off on a long-awaited agreement for transporting goods. Under the deal, coal exports will receive a 66% discount on the Russian rail system.

Coolgardie Minerals will look to create an early cash machine from the Bullabulling Gold Project near Coolgardie to fund its exploration program on a number of other exciting prospects that it will take to IPO in July. The Neil Warburton-chaired company is targeting the Bullabulling shear zone that already hosts millions of ounces in the region.

Auroch Minerals has initiated a ground induced polarisation survey at its Bonaventura base metals project, on Kangaroo Island in S.A. that has been throwing up a number of enticing rock chip samples. Three priority aeromagnetic anomalies will be surveyed after a review of historical drilling and results. The survey will be used to plan the company’s highly anticipated maiden drilling program for Bonaventura.

Metalicity’s battery metals ambitions have received a boost with the return of some tantalising results from an innovative geochemical survey just 35kms along strike from the giant Greenbushes lithium mine. A first-pass sampling program has defined two large target areas that could host pegmatites under a lateritic cover with the company planning immediate follow up with an infill survey.

Lithium Australia will file two additional patents that will reduce capital and operating costs for its SiLeach lithium recovery process by removing the need for extensive evaporation. The move is a result of its ongoing partnership with ANSTO Minerals and will further refine the company’s commercialisation plans that include development of a large scale pilot plant.

Tech play Vonex has the big telco’s in its sights as it seeks to pinch market share from them courtesy of the disruption caused to the market by the roll out of the NBN. The company listed on the ASX yesterday after completing a $6m IPO and will now seek to gain greater market penetration for its cloud based PABX and related services.

Spectrum Rare Earths has reported a slew of eye-popping, high grade gold results from historical drilling at its Washington gold project in northern California. Mineralisation occurs within a swag of criss-crossing quartz veins, usually over widths of about 2 metres at the mine. The company also identified 3 priority target areas for further drilling during its technical due diligence for the decommissioned gold operation.

With its Mt Peake vanadium-titanium-iron project in the NT in the final stages of development planning, TNG has signed a deal with the owner of a similar looking resource in the Pilbara that could add value for both parties. TNG will team up with Todd Corporation’s BBI Group to provide its processing technology at the Balla Balla resource on the Pilbara coast.