THE DRILL SERGEANT: Predictive Discovery (ASX: PDI) has completed a shallow, reconnaissance RC drilling program near the company’s Bongou gold project in Burkina Faso. The company claims the recent drilling has resulted in the discovery of gold mineralisation at four prospects: Prospect 71, Target 92, and Targets W2 and W8, all of which are within […]
THE DRILL SERGEANT: This week Blackham Resources starts drilling at the Golden Age deposit, while Breaker Resources continues to drill for gold at Lake Roe. Drilling at Golden Age underway Blackham Resources (ASX: BLK) has commenced a maiden drill program into the high-grade Golden Age deposit at the company’s Matilda gold project in Western Australia. […]
THE BOURSE WHISPERER: Impact Minerals (ASX: IPT) has reached an agreement for funding of up to $7.3 million from Squadron Resources, the private mining investment vehicle of the Minderoo Group. The transaction is subject to formal documentation and shareholder approval of some aspects of the investment. Once all that has been achieved, Squadron’s investment will […]
ROADHOUSE REGULAR: Back to the future or forward to the past – what does the future bring, and how to approach it? As you may well know, there is an old curse, purported to be Chinese, but with no definite Chinese source, ‘May you live in interesting times’. And what interesting times the past year […]
THE CONFERENCE CALLER: Opening the Australian Uranium Conference in Perth this week, Western Australia Minister for Mines and Petroleum, Bill Marmion was fairly optimistic for the state’s uranium sector. “It might have been a long time coming but the age of uranium is ready to dawn in Western Australia,” Marmion told the Day One audience. […]
THE BOURSE WHISPERER: Malachite Resources (ASX: MAR) has executed a Letter of Offer with MKS Switzerland (MKS), which the company said will allow it to proceed with the development of the Lorena gold project, located east of Cloncurry in northwest Queensland. In developing the Lorena project, Malachite indicated it will use plant and equipment partially […]
THE BOURSE WHISPERER: Neometals (ASX: NMT) announced the signing of a Memorandum of Understanding (MoU) between the company’s sub-subsidiary and a Chinese lithium producer. This gets confusing, but stick around. Neometals and Mineral Resources (ASX: MIN) (via its wholly-owned subsidiary Process Minerals International (PMI)) jointly announced their jointly-owned subsidiary, Reed Industrial Minerals (RIM) entered into […]
THE DRILL SERGEANT: Energia Minerals (ASX: EMX) has completed its first exploration diamond drill hole, GDD004, at the company’s 100 per cent-owned Gorno zinc project in northern Italy. Energia said the drillhole had intersected 8.25 metres of zinc sulphide mineralisation from 9.2m to 17.45m, including a total of 2.35m of semi-massive to massive zinc sulphides […]
THE BOURSE WHISPERER: Australian Bauxite (ASX: ABX) has been offered a Long Term Offtake Agreement for bauxite from the company’s first bauxite operation planned at Bald Hill, near Campbell Town, Northern Tasmania. “Our objective has always been to find a compatible, supportive off-take partner so as to maximise the blending opportunities for our bauxite and […]
THE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) is set to commence construction of a 10.6 megawatt (MW) solar power station at its DeGrussa copper mine in Western Australia. Sandfire has signed final agreements for the $40 million project to proceed. The company anticipates the DeGrussa Solar Photovoltaic (PV) System will set new benchmarks for the […]
