BlackEarth Minerals
Highlights:
The survey will be undertaken by UTS Geophysics using a VTEM Max Time Domain EM system (Figure 1)
The survey will cover the entirety of E70/4825 (~80km2 ) and will be flown on 200m line spacing for a total of 390-line kilometres.
The survey will provide key information across the entire project with particular interest focused on the 3 anomalous magnetic and geochemical trends previously reported (see ASX announcement dated 27 January 2021).
The results of the survey will then be assessed and interpreted by the company’s Geophysical Consultants followed by further tailored programs of ground-based exploration activities.
The VTEM plan is a first time systematic program of exploration for Nickel-Copper- Platinum in this region
Reforms, new rules to spur rebound in UAE IPO action issacjohn@khaleejtimes.com Filed on February 28, 2021
Equity markets in the Mena region experienced high volatility and average daily trading values increased significantly across the main exchanges.
(AFP)
Several new initiatives were launched in UAE with aim of bolstering activity in years ahead
After a fall of 40 per cent in initial public offering (IPO) issuances across the Middle East and North Africa region in 2020, the UAE is expected to witness a rebound in IPO activity in the coming years on the back of sweeping reforms, changes to foreign ownership law and listing requirements in, EY said in a report.
UAE Cabinet raises daily decline limit in shares to 10% from February 28
Wam/Abu Dhabi Filed on February 24, 2021
The new cap means that share prices of each listed company can now drop by a maximum of 10 per cent, instead of five per cent. File photo
The development comes in implementation of a cabinet decision.
Stocks listed on the UAE’s bourses will see their limit cap rising to 10 per cent from the current five per cent, effective February 28th, the Abu Dhabi and Dubai markets said on Wednesday.
The development comes in implementation of a cabinet decision whereby the stock markets shall revert back to the above mentioned cap from the 5 per cent one, which was set in March 2020.
The sixth meeting of the Governing Council will witness the entry of Ladakh for the first time, in addition to the participation of Jammu and Kashmir as a UT, the statement said.