THE FUND RAISER: The tax man has come to the party for a few companies this week. Research and Development Funds received Argent Minerals (ASX: ARD) has received the Federal Government’s Research and Development Tax Concession claim funds of approximately $173,000. The claim relates to a range of technical development activities in the financial year […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: Pilbara Minerals (ASX: PLS) Pilbara Minerals acquired a 50 per cent stake in the Tabba Tabba project in October 2013. Its partner is the privately-owned metallurgical engineering company Nagrom. PLS published a feasibility study on Tabba Tabba in […]
Fed minutes show interest rates will stay low for longer – like we’d always suspected. GAVIN WENDT: So it looks like we were right all along with respect to the Fed’s bluster on interest rates. Despite all of the Fed’s recent chatter about supposed timelines for interest rate rises, regular readers will know that we’ve […]
THE WEEKLY WRAP: The market finished on a high note last week for the third week in a row as the United States Federal Reserve decided to end stimulus and better than expected economic growth figures emanated from the land of the free to boost risk appetite in financial markets. A share market dive on […]
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. Drilling to extend Rosie Duketon Mining (ASX: DKM) has kicked off a reverse circulation and diamond drilling program to test for a potential extension of the high-grade nickel […]
THE DRILL SERGEANT: Heron Resources (ASX: HRR) has received the first assay results from a drill program currently underway at the company’s 100 per cent-owned Woodlawn zinc-copper project in New South Wales. Heron said the latest results have confirmed the high-grade tenor of the Kate Lens mineralisation. Recently received results include: WNDD0002 8.8 metres at […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has intersected high-grade graphite at the Chilalo project located on the company’s Nachingwea Property in Tanzania. IMX had sent off selected samples for expedited analysis after identifying potential for high-grade mineralisation. These preliminary assays were from recent Reverse Circulation (RC) drilling IMX had undertaken at one of the […]
THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) has finalised terms for the acquisition of the Victory nickel project in the Lynn Lake Nickel-Copper Field, in the central Canadian province of Manitoba. Corazon is to acquire the Victory project from TSX-listed Victory Nickel. The Victory project is located immediately adjacent to Corazon’s Lynn Lake nickel project. […]
THE ROADHOUSE PHARMACY: BioProspect Ltd (ASX: BPO) has entered into an agreement with the University of New South Wales to undertake the first independent trial of the company’s Heart Rate Technology for the diagnosis of mental health conditions. The study will be designed to demonstrate that BPO’s Heart Rate Technology can provide the first objective […]
THE BOURSE WHISPERER: Platina Resources (ASX: PGM) has commissioned SNC-Lavalin Australia to develop and manage a comprehensive hydrometallurgical test work program for the extraction of Scandium and associated metals (Copper, Cobalt, Nickel and Platinum) from the company’s Owendale deposit in New South Wales. Owendale project location. Source: Company announcement Platina said the program […]
