IN THE LOBBY: This week the Australian Government has secured passage through the Senate of the Exploration Development Incentive (EDI) scheme, which supports junior and mid-sized mining companies by encouraging greenfields mineral exploration. The EDI is available to Australian-resident investors in junior mineral exploration companies. The scheme entitles these investors to the EDI tax offset […]
THE ROADHOUSE PHARMACY: Novogen Limited (ASX: NRT) has claimed to have confirmed one of its lead candidate products, TRXE-009, is showing potential to become a new therapy in the fight against adult and pediatric brain cancer. The company said its latest study looked at the ability of TRXE-009 to kill a library of patient-derived cell […]
THE ROADHOUSE BOWSER: Eneabba Gas (ASX: ENB) has entered into a binding Heads of Agreement with Greenpower Energy (ASX: GPP) for an option to acquire 100 per cent of the issued capital of the latter’s wholly-owned subsidiary, GCC Methane. GCC owns a 50 per cent interest in Exploration Permit 447 (EP447), located in the Perth […]
THE BOURSE WHISPERER: Talga Resources (ASX: TLG) has announced it will build and commission a demonstration-scale graphene production plant in central Germany. At this stage all costings and engineering are subject to final design work, however the company said it anticipates the plant will cost less than $1 million and, once commissioned, should scale-up to […]
THE BOURSE WHISPERER: Resources sector services company Sedgman (ASX: SDM) has been awarded an $18.5 million contract as Principal Contractor for a Relocatable Modular Mineral Sands Wet Concentrator Plant to be constructed at Twin Pines Minerals’ (TPM) New Jersey facility in the United States of America. Sedgman said the facility will eventually process 232 tonnes […]
THE DRILL SERGEANT: Latin Resources (ASX: LRS) has reclaimed operational control of the company’s 100 per cent-owned Ilo Norte project in Peru. Control of the project has been returned to Latin following the termination of an earn-in option agreement by Minera Zahena. Minera Zahena has now entered into a new earn-in option agreement over Latin’s […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has claimed to have located extensive zones of visible copper mineralisation and historical mine workings at the La Morita prospect, located at the company’s Alacrán copper project in Mexico. Apart from the La Morita mine workings, Azure said it has also recovered historical information from the archives of […]
THE DRILL SERGEANT: Elementos Limited (ASX: ELT) released results of a review of the Mineral Resource for the company’s Cleveland copper and tungsten project in Tasmania. The JORC Code (2012)-compliant Resource review was independently prepared by Mining One Consultants and was undertaken to assess the potential of developing part of the Cleveland Mineral Resource as […]
THE ROADHOUSE PHARMACY: Australian Medical Grade Cannabis (MGC) company, Phytotech Medical Limited (ASX: PYL) has entered into a Heads of Agreement with Israel-based Canigma A.L. Ltd to develop a revolutionary capsule based vaporiser to administer medical cannabis. Canigma holds a number of intellectual property interests pertaining to a vaporiser delivery devices for medical cannabis. Under […]
THE ROADHOUSE BOWSER: Red Emperor Resources (ASX: RMP) has signed a Farm-in Agreement with Otto Energy Philippines, a wholly-owned subsidiary of Otto Energy (ASX: OEL) to farm in to the offshore Philippines Block, SC5. Under the terms of the deal Red Emperor will earn a 15 per cent working interest in offshore Philippines Block, SC55, […]
