Entries by Wally Graham

Phoenix commences mining at Castle Hill

THE CONFERENCE CALLER: A company announcing the commencement of mining couldn’t choose a better time than day one of the Diggers & Dealers Conference. Phoenix Gold (ASX: PXG) did just that with mining kicking off on schedule at the Kintore West open cut mine, part of the company’s Castle Hill Stage 2 project area on […]

Orbis updates Natougou estimate

THE CONFERENCE CALLER: Orbis Gold (ASX: OBS) took advantage of the first day buoyancy of the Diggers & Dealers Conference to announce an updated Mineral Resource estimate for the company’s Natougou gold deposit, in south‐east Burkina Faso. “The big change is in the upgrade in the Indicated category, which lifts our confidence in the Resource,” […]

Big Barry opens his last Diggers Conference

THE CONFERENCE CALLER: As usual the Diggers & Dealers Conference was opened by charismatic chairman Barry Eldridge. Eldridge informed the gathered throng this is to be his last year in the position and though he may be vacating big chair he let all know he wasn’t going quietly. Governments, particularly in recent years, have borne […]

Gold Road crackers for Gruyere

THE CONFERENCE CALLER: Diggers and Dealers kicked off with its customary bang this year with the announcement from Gold Road Resources (ASX: GOR) of the maiden Resource for the company’s 100 per cent-owned Gruyere deposit, located within the Yamarna Gold Belt in Western Australia. The Resource has been calculated at 96.93 million tonnes at 1.23 […]

Share price movements during Diggers & Dealers Day One

Share price movements during Diggers & Dealers Day One CONFERENCE CALLER: There was a lot of love in the Big Tent on Day one at Diggers & Dealers, which seemed to flow over to the boards of the ASX. Plenty of companies had days of positive movement, pretty much on the strength of releasing their […]

Northern Star aims to grow mine lives

THE CONFERENCE CALLER: Prior to its presentation at Diggers & Dealers, Northern Star Resources (ASX: NST) released an announcement declaring its campaign to grow the life of each of its five mines is already gaining momentum. The declaration came on the back of drilling results from outside the existing resources at its Pegasus deposit and […]

Fund Raising across the Boards

THE FUND RAISER: Some solid action across the Fund Raising front this week. $6M Capital Raising for Cambodian gold project Renaissance Minerals (ASX: RNS) has resolved to raise $6 million through a heavily oversubscribed equity placement, being made to new and existing institutional and sophisticated shareholders. The funds raised from the Placement will enable the […]

Share price movements during Diggers & Dealers

Share price movements during Diggers & Dealers CONFERENCE CALLER: There is a lot of competition amongst companies attending Diggers & Dealers to land a ‘Presentation Spot’. Each year the forecourt outside the Goldfields Art Centre is abuzz with conversation focused on the subject of who is presenting and who missed out. Looking at the line-up […]

Hi Ho, Hi Ho, it’s off to work we go

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. Commencement of multi-stage drilling program Excelsior Gold (ASX: EXG) is about to kick off a multi-stage development and exploration drilling program at the company’s Kalgoorlie North gold project. […]

Joint Venture announcements

THE BOURSE WHISPERER: As they say in the classics; it’s better to have 50 per cent of a project than 100 per cent of no project. Thunder Bay North Earn-in and Option to Joint Venture Panoramic Resources’ (ASX: PAN) wholly-owned subsidiary, Panoramic PGMs (Canada) has signed an Earn-in with Option to Joint Venture Agreement with […]