THE INSIDE STORY: Trailblazing lithium company Neometals (ASX: NMT) and partner Mineral Resources (ASX: MIN) have taken large steps towards downstream lithium production from concentrates produced at the Mt Marion lithium mine. Neometals is in Joint Venture with and China’s Ganfeng Lithium Company developing the Mt Marion project near Kalgoorlie in Western Australia. Neometals and […]
THE INSIDE STORY: Timing, they say, is everything and one of the best times for an exploration company to release attention grabbing drill results is when it is conducting a fund raising and associated Share Purchase Plan (SPP). Perth-based exploration play, Musgrave Minerals (ASX: MGV) timed its run perfectly recently with the announcement of extremely […]
THE BOURSE WHISPERER: Alt Resources (ASX: ARS) has entered an agreement with Ironbark Zinc (ASX: IBG) to farm in to the Fiery Creek gold project in New South Wales. In its announcement to the ASX, Alt Resources described the project as, “a highly prospective gold exploration opportunity in a well-endowed historic goldfield”. Under the agreement, […]
THE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) declared its recent Share Purchase Plan (SPP) closed and heavily oversubscribed. Musgrave said the SPP, originally looking to raise $1.2 million, was strongly supported by shareholders to the point where the company received applications totalling $1.984 million. Never being ones to look a gift horse in the mouth, […]
THE BOURSE WHISPERER: Doray Minerals (ASX: DRM) checked in to let the market know how things are progressing at the company’s Deflector gold project. Doray recently commenced production of gold bullion and gold-copper-silver concentrate at the Deflector mine, some 14 months after its takeover of Mutiny Gold. Open pit mining of the West and Central […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) announced it had received another offer in regards to the company’s interest in the Reward zinc-lead project in the Northern Territory. Rox recived an opening bid for the Reward project in July 2016 from IMI Zinc Exploration Pty Ltd (IZE), a wholly owned subsidiary of IM Medical Limited […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) released news that it has hit further massive nickel‐copper sulphides during the ongoing diamond drill program, underway at the company’s Mt Alexander project in Western Australia. The company said it drill holes MAD33 and MAD34 have been completed at a distance 1.2 kilometrs apart at the Investigators […]
THE DRILL SERGEANT: Impact Minerals’ (ASX: IPT) decision earlier this year to focus on expanding the already established Resource at the company’s 100 per cent-owned Commonwealth gold-silver-zinc project, located 100 kilometres north of Orange in New South Wales, has already started to pay off. Recent drilling at Silica Hill has resulted in the discovery of […]
THE CONFERENCE CALLER: The highlight of the closing dinner each year at the Diggers and Dealers conference in Kalgoorlie is the forum’s awards. MEDIA AWARD Paul Garvey: The Australian newspaper. The media award that is presented at Diggers and Dealers each year is voted on by companies operating in the resources industry and peers within […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) managing director Adrian Griffin was sitting in his company booth, smiling like a Cheshire cat, on Day Three of the Diggers and Dealers conference in Kalgoorlie. His demeanour followed the company’s announcement it would be increasing its international borders with the instigation of a Canadian alliance with LiGeneration […]
