THE BOURSE WHISPERER: The nodding heads surrounding the Boardroom table of Ramelius Resources (ASX: RMS) has given the go-ahead for commencement of mining at the company’s Vivien gold project, located near Leinster in Western Australia. The company said the approval to commence mining at the Vivien gold mine rounds-out the implementation phase of its new […]
THE BOURSE WHISPERER: Mincor Resources (ASX: MCR) announced a new mining plan for the company’s nickel mines in Kambalda Western Australia, which will result in the loss of around 50 jobs. Workers at the company’s Miitell and Mariners mines will be retrenched of the revised mining plan, which Mincor said was part of a new […]
THE BOURSE WHISPERER: Valence Industries (ASX: VXL) has produced a graphite product mix including larger proportions of large flake graphite than expected from metallurgical analysis at the company’s Uley graphite plant during the first stage of the commissioning. Valence said it was pleased with the results indicating the larger flake graphite generally commands a higher […]
THE BOURSE WHISPERER: KBL Mining (ASX: KBL) has commenced development works at the Pearse Open Cut, within the company’s Mineral Hill project in New South Wales. KBL said production is scheduled commence in August 2015 with operations initially focusing on extraction of transitional and sulphide ore, which will be processed through the existing mill flotation […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has released further encouraging news from onfoing drilling being carried out at the Sabre prospect on the company’s 100 per cent-owned Fisher East nickel project north of Kalgoorlie in Western Australia. Recent results from the RC and diamond core drilling program at Sabre include: MFEC112 9m at 1.3 […]
THE DRILL SERGEANT: Peel Mining (ASX: PEX) has received results from a round of drilling carried out at the company’s Mallee Bull project in central New South Wales. According to Peel the recent drilling at Mallee Bull has intercepted shallow, high-grade zinc-lead-silver mineralisation, including: MBRC018 10 metres at 15.8 per cent zinc, 7.6 per cent […]
GAVIN WENDT: Gold continues to defy the skeptics, demonstrating robust price support as we’ve previously advocated around the $1,200 per ounce mark. A host of positive factors are driving gold’s resilience – and most of them aren’t new. US Interest Rate Speculation Speculation regarding the US Federal Reserve’s potential moves on interest rates is the […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Metallica Minerals Limited (ASX: MLM) The recently completed initial resource estimation for Metallica’s 60 per cent held (reducing to 50 per cent in a JV with Ozore) Urquhart Point bauxite project supports the company’s plan to develop an […]
ONE OFF THE WOOD: Francophile VMS exploration play Variscan Mines (ASX: VAR) watched its share price run rampant this week after it announced initial assays of historic drill core from the company’s Porte-aux-Moines volcanogenic massive sulphide (VMS) deposit in Brittany, France. High-grade intersections from the first hole (PAM5) included: 31 metres at 10.4 per cent […]
THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Government grant to drill Truncheon Red River Resources (ASX: RVR) has received $75,000 in funding from Round Nine (9) of the Queensland Government’s Future Resources Program – Collaborative […]
