THE BOURSE WHISPERER: The latest instalment in the Explorer Quarterly Cash Update series from accounting house BDO continues to paint an unpleasant landscape for the junior exploration sector. The last few reports from the series have shown a continual decline in the cash position of many ASX-listed mining, oil and gas explorers, which is hardly […]
THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has started producing steady-state lithium carbonate from lithium based micas at Lepidolite Hill. The company maintains continuous testing to be an important step in the development of its disruptive lithium production technology. The new technology is based on recovery of lithium chemicals from micas, the most abundant lithium […]
THE INSIDE STORY: How do you surpass making a significant copper discovery? By making a potentially even-more-significant zinc-lead-silver-gold discovery, sitting on top of it. Copper-focused exploration play Peel Mining (ASX: PEX) came to prominence in 2012 when it announced the discovery of the Mallee Bull copper deposit, located within the Cobar Superbasin in central New […]
THE DRILL SERGEANT: Birimian Gold (ASX: BGS) has reported final analytical results from Reverse Circulation (RC) and Aircore (AC) drilling programs recently undertaken at the company’s Massigui gold project in southern Mali. Birimian said the latest results had confirmed presence of extensive shallow gold mineralisation at the Viper and Koting prospects while supporting potential to […]
THE DRILL SERGEANT: Resolute Mining (ASX: RSG) has received positive results from a first pass Underground Scoping Study conducted at the company’s Bibiani gold project in Ghana. The company said the results of the study had encouraged it to make the immediate decision to commence a Feasibility Study at the project in 2016. The results […]
THE BOURSE WHISPERER: GBM Resources (ASX: GBZ) announced the signing of a Share Acquisition Framework Agreement with Chinese state-owned enterprise Jiangxi Centre Mining Co Ltd (JCM). JCM is a business unit of the Jiangxi Provincial Bureau of Coal Geology, a large Chinese industrial conglomerate actively engaged in mineral exploration, mineral development, engineering construction and property […]
THE DRILL SERGEANT: Mungana Goldmines (ASX: MUX) couldn’t wait to tell everybody that Newcrest Mining (ASX: NCM) has commenced exploration work as part of an exploration agreement at the company’s Chillagoe project in North Queensland. Under the agreement, Newcrest is required to spend up to $20 million on exploration over a period of up to […]
THE DRILL SERGEANT: Kidman Resources (ASX: KDR) is making steady progress towards its plan to restart production at the company’s recently acquired Burbank’s gold mine in Western Australia. The company said all efforts are currently ahead of schedule and it remains on track to commence gold production in the September Quarter. Kidman plans to source […]
THE DRILL SERGEANT: The mining team of Blackham Resources (ASX: BLK) has re-entered the Golden Age area of the company’s Wiluna underground gold mine in Western Australia. Golden Age is a high-grade free milling reef with historic production of 160,000 ounces of gold at 9 grams per tonne. It has a remaining resource of 0.6 […]
THE BOURSE WHISPERER: Orinoco Gold (ASX: OGX) announced results of metallurgical testwork at the company’s Cascavel gold project in Brazil. Cascavel said the testwork, carried out by Gekko Systems, has confirmed the process flow-sheet for the Cascavel project. Orinoco appointed Gekko Systems to construct a 15 tonne per hour gravity gold plant for Cascavel, for […]
