THE DRILL SERGEANT: West African Resources (ASX: WAF) reported first results from shallow oxide drilling carried out at the Mankarga 1 (M1) prospect, on the company’s Tanlouka permit in Burkina Faso. Recent RC drilling undertaken by WAF at the M1 prospect intercepted oxide mineralisation beneath historic artisanal workings with two scissor holes ending in mineralisation. […]
THE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has completed commercial scale pilot test work it claims to have confirmed ore beneficiation results for its Mulga Rock uranium project. According to Vimy, scaled up commercial pilot test work has confirmed uranium mineralisation can be easily beneficiated to produce a highly-concentrated plant feed. The company claimed the […]
THE BOURSE WHISPERER: Duketon Mining (ASX: DKM) and Regis Resources (ASX: RRL) have struck up a gold only exploration Joint Venture over four of Duketon’s exploration licences in Western Australia. The licences are contiguous with some of Regis’ tenure in proximity to its Moolart Well project. The joint venture tenure covers approximately 373 square kilometres […]
THE INSIDE STORY: A recent Pre-Feasibility Study on its Thunderbird mineral sands project, pretty much told Sheffield Resources (ASX: SFX) what it has long suspected. The PFS confirmed Thunderbird to be a world class project with an anticipated mine-life of 32 years producing high-quality zircon and ilmenite products, boasting robust mine-to-port-to-market logistics. It was based […]
THE CONFERENCE CALLER: With just one week to go, the countdown is on until the 2015 Australian Uranium Conference officially gets underway at the Hyatt Regency, Perth. The conference will kick off next Wednesday with the Western Australia Minister for Mines & Petroleum Bill Marmion delivering the opening address. A solid program on Day one […]
GAVIN WENDT: The second important gold discussion point relates to gold withdrawal data from the Shanghai Gold Exchange (SGE). The latest figures for the week ending June 14 showed withdrawals of just over 46 tonnes – which represents a particularly strong figure for this time of year. The primary deduction therefore is that Chinese gold […]
GAVIN WENDT: Gold has performed an enormously valuable role as a store of value for thousands of years, throughout most of the world’s civilisations. Unlike currencies, which can wax and wane dramatically in value – and collapse altogether – gold’s value remains intrinsic and remarkably consistent over time. Hence, it has provided an enduring role […]
THE INSIDE STORY: Let’s start with a quick quiz. How many current developing gold producers are fully-funded through to production with their own processing plant? In May, Blackham Resources (ASX: BLK) announced a $38.5 million funding package with Orion Mine Finance, a US$2 billion resources fund out of New York. The funding will support the […]
THE BOURSE WHISPERER: Talga Resources (ASX: TLG) has signed a non-binding term sheet with AIM-listed Haydale Graphene Industries to collaborate on the development of finished graphene composite and ink products. Talga said the aim of the collaboration is to combine the resources and expertise of the two companies to explore graphene commercialisation opportunities, and deliver […]
THE BOURSE WHISPERER: Anatolia Energy (ASX: AEK) informed the market its proposed merger partner, NASDAQ listed Uranium Resources Inc (URI) has agreed to secure a database of geological information pertaining to its Butler Ranch Project in South Texas. Anatolia said the deal increases the historical drilling information available to URI, including information in respect of […]
