Arafura Resources Limited(ASX:ARU) dropped from S&P/ASX All Ordinaries Index

Arafura Resources Limited reported consolidated cash flow results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported net operating cash flows of AUD 18,012,000 and payment for purchases of other fixed assets of AUD 2,007,000. For the six months, the company reported net operating cash flows of AUD 13,711,000 and payment for purchases of other fixed assets of AUD 2,047,000.

Arafura Resources Limited announced the appointment of Mr. Terence (Terry) Grose (B.Ec, MBA) as a Non-Executive Director of the Company with effect from January 21, 2013. Terry has a strong commercial background gained over 30 years as a senior business executive, consultant and director, in Australia and internationally. He spent a number of years in merchant banking before joining Wesfarmers Limited in 1985 as its first business development manager. During the ensuing decade he held various senior management positions in Wesfarmers' corporate office, its fertiliser & chemicals division and its coal mining division. He was also the General Manager of International Business Development for a number of years. Terry is a Fellow of the Australian Institute of Company Directors and is currently a director of Yirra Yaakin Aboriginal Corporation, Martu People Limited and Central Desert Native Title Services Limited.