THE BOURSE WHISPERER: Platina Resources (ASX: PGM) has signed a Heads of Agreement (HoA) with Hunan Oriental Scandium Co. Ltd. Hunan Oriental Scandium (HNOSC) is China’s largest manufacturer and processor of scandium. Under the terms of the HoA, the companies will negotiate an Off-take Agreement as well as a Supply, Technology, Processing and Marketing Agreement […]
THE BOURSE WHISPERER: Southern Crown Resources (ASX: SWR) has signed an exclusive option agreement to explore and acquire a package of projects it considers to ghost prospective multi-metallic targets. The package is located 500 kilometres west of Anchorage in the South West Tintina gold belt of Alaska. The Option includes three projects: Luna-Quicksilver, Kisa, and […]
THE ROADHOUSE PHARMACY: Living Cell Technologies (ASX: LCT) announced that a second patient has been successfully implanted at Auckland City Hospital in the clinical trial of the company’s regenerative cell therapy NTCELL® for Parkinson’s disease. LCT said it expects to complete the patient treatment phase of the study this year. The company explained the Phase […]
THE BOURSE WHISPERER: MRL Corporation (ASX: MRF) has signed a Heads of Agreement to acquire the rights to the high-grade Aluketiya graphite mine in Sri Lanka. Aluketiya is located in Meegahatenna in the Walallawita District, approximately 85 kilometres from Colombo. The company said the acquisition expands its portfolio of high-grade vein graphite licences in Sri […]
THE BOURSE WHISPERER: Venture Minerals (ASX: VMS) has reluctantly suspended operations at the company’s Riley direct shipping ore (DSO) project in northwest Tasmania. The reason given by the company for the decision was operational risk associated with on-going appeals against the project’s approvals accompanied by an unfavourable broader economic environment. “After receiving full approvals for […]
THE BOWSER: Carnarvon Petroleum (ASX: CVN) announced a major oil discovery in the company’s Phoenix South-1 well in the North West Shelf in Western Australia. Carnarvon claimed the discovery to be one of the most significant developments in Australian oil and gas in recent times. Highlights of the discovery include: Four discrete oil columns confirmed; […]
THE DRILL SERGEANT: Kasbah Resources (ASX: KAS) reported the results of a recently-completed infill drilling program carried out over the Western Zone Shallow (WSZ) target, on the Sidi Addi Trend at the company’s Achmmach tin project in Morocco. The company explained the drilling focussed on infilling the Mineral Resource the company announced in February 2014 […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has claimed to have confirmed and expanded the graphite potential of the company’s Nachingwea Property, located in south-east Tanzania. The claims follow the completion of initial geophysical analysis on VTEM survey data sets covering the majority of IMX’s 6,800 square kilometre tenement holding. IMX said the VTEM analysis […]
THE BOURSE WHISPERER: Azure Minerals has pulled off a coup by striking an Earn-In and Joint Venture Agreement with Kennecott Exploration Company, to explore for copper on its 100 per cent-owned Promontorio project, located in the Mexican state of Chihuahua. Kennecott is part of the Rio Tinto Group of companies. The total value of the […]
THE BOURSE WHISPERER: Talga Resources (ASX: TLG) has struck a collaborative agreement with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to undertake analytical work on ore from the company’s high-grade Nunasvaara graphite-graphene project in northern Sweden. Talga said the agreement is one of the first entered into by CSIRO to focus on graphene produced […]
