ASX BookBuild gives resource companies undertaking a placement or IPO an additional tool that optimises price discovery, allows all investors to participate, and improves governance outcomes. Endorsed by the Association of Mining and Exploration Companies (AMEC), ASX BookBuild is one of the most important financial market innovations in recent years. This revolutionary capital raising tool […]
Diggers & Dealers Keynote Speaker – Lord Mervyn King CONFERENCE CALLER: Each year Diggers & Dealers provides the opportunity to hear insightful commentary on the global economic outlook from globally-respected experts who are well-informed and knowledgeable in their particular fields. This year is no different with Lord Mervyn King, former Governor of the Bank of […]
THE FUND RAISER: Sirius Resources set the cat amongst the fund raining pigeons this week. $189 million to fund Nova Sirius Resources (ASX: SIR) announced a share placement to eligible institutional and sophisticated investors. The size of the offer is somewhat larger than what we have become accustomed to of late as the company looks […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: Athena Resources (ASX: AHN) AHN has Direct Shipping Ore haematite to go AHN has significant outcropping haematite mineralisation in the north of its tenements. Sampling suggests an in‐situ grade of about 56 per cent iron. The deposits are […]
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 underway at Thunderbird Sheffield Resources (ASX: SFX) has commenced drilling at the company’s 100 per cent-owned Thunderbird mineral sands project. Thunderbird has total mineral resources of 2.62 […]
THE DRILL SERGEANT: Mining Projects Group (ASX: MPJ) has announced results of a review of historic drilling collected over almost 50 years, at the company’s Roe Hills nickel project, located 110 kilometres east of Kalgoorlie. Previous work carried out by one of the company’s directors, Neil Hutchison had already identified several nickel sulphide target zones. […]
THE BOURSE WHISPERER: With a bit more confidence creeping into the market there seems to be some increasing activity in the M&A space. Mungana firms up North Queensland zinc strategy Mungana Goldmines (ASX: MUX) is set to move ahead with its North Queensland zinc strategy after gainin shareholder approval for its $15 million acquisition of […]
THE BOURSE WHISPERER: Hillgrove Resources (ASX: HGO) has had a Program for Environment Protection and Rehabilitation (PEPR), Life of Mine plan at the company’s Kanmantoo copper mine in South Australia approved by the Department of State Development. Hillgrove said the approval enables the Kanmantoo copper mine to increase production by 75 per cent in processed […]
THE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has awarded a number of key mining contracts as part of the staged development plan for the Kintore West open cut, part of the Castle Hill Stage 2 project area near Kalgoorlie in Western Australia. The company has received all statutory approvals and has commenced mining equipment mobilisation […]
THE DRILL SERGEANT: Primary Gold (ASX: PGO) has received assay results from the first nine holes to be drilled of an ongoing program at the company’s 100 per cent-owned Toms Gully gold project. The Toms Gully gold project is located approximately 90 kilometres southeast of Darwin in the Northern Territory. Highlights from the recently received […]
