Daily FNArena News - Australia

Patersons expects very strong earnings growth for Axiom Properties given the company’s significant development pipeline and close ties with major private developer Pivot Group.

Strong sales results from a competitor support the positive view Southern Cross Equities has on Ansell.

Rio Tinto’s Preston Chiara might just have blown ERA’s chances for Jabiluka exploitation.

Carnavale Resources shares have jumped today after the company announced the acquisition of a molybdenum project in Brazil to add to its copper/gold and iron ore interests.

Sallay Malay has proven the outstanding nickel play of the last twelve months. Stockbroker Patersons continues to see upside.

Even Oxiana’s Owen Hegarty doesn’t know whether the company will remain independent in the years ahead.

The Alcan takeover saga has just entered a new chapter, and BHP Billiton is believed to be in it.

Morgan Stanley suggests Sigma is a logical counter-bidder for Symbion Health (SYB) and at today’s AGM management has indicated such an option is being explored.

It might be called Kagara Zinc, but this mining junior might just be sitting on a gold deposit to rival Newcrest’s Ridgeway.

Westpac’s Leading Index suggests the Aussie economy is to remain on a healthy footing throught the remainder of 2007.