CONFERENCE CALLER: In order to see where uranium is headed, Julian Tapp CEO of uranium play Energy and Minerals Australia said it is important to try and imagine just where Chinese demand will be in 20 years from now. “You need to look at the amount of electricity they might be consuming and what kind […]
IN THE LOBBY: It certainly didn’t take very long for industry-focused interest groups to cheer as loudly as they could upon hearing the carbon tax had finally been repealed. First out of the blocks was the Chamber of Minerals and Energy of Western Australia (CME), which scorned what it described as the months of post-election […]
THE BOURSE WHISPERER: Nagambie Mining (ASX: NAG) has claimed the Wandean deposit, located nine kilometres north west of the Nagambie mine to be a virgin gold discovery following the receipt of assays from its latest drilling program. Nagambie Mining tenements. Source: Company announcement Nagambie said Wandean has demonstrated continuous gold mineralisation, which remains […]
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 commences at Skogtrask Boss Resources (ASX: BOE) has commenced drilling at the company’s Skogtrask nickel-copper project in Northern Sweden. Boss has received approval from the County Administration […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has intersected further massive high-grade nickel sulphides near surface during Reverse Circulation (RC) drilling at the Musket prospect. The Musket prospect is part of the company’s 100 per cent-owned Fisher East nickel project located 500 kilometres north of Kalgoorlie in Western Australia. Rox explained the RC drilling is […]
THE DRILL SERGEANT: Bora Bora Resources (ASX: BBR) has claimed discovery of what it calls a ‘bullseye’ anomaly at the company’s Matale/Kurunegala graphite project north of Kandy in central Sri Lanka. The anomaly was identified from a recently flown airborne Versatile Time-Domain Electromagnetic (VTEM) survey over the project. Bora Bora has named the anomaly the […]
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. Thiess Sedgman Projects JV awarded $64m contract Sedgman Limited (ASX: SDM) announced the Thiess Sedgman Projects Joint Venture (TSP) has been awarded a $64 million contract for the Design […]
THE BOURSE WHISPERER: Quarterly reporting season is always a heavy burden on The Roadhouse’s virtual postman. The latest round was no exception. Here’s a random selection of what some companies had to say. Ram Resources (ASX: RMR) reported an eventful quarter. During the June 2014 quarter, Ram secured an option to acquire additional exploration leases […]
THE DRILL SERGEANT: The best thing about being Sirius Resources (ASX: SIR) is that there is no need to release announcements saying you are Xkm away from the Nova discovery. Sirius’ share price went bonkers after the company announced resumption of its exploration programs had discovered massive nickel sulphide mineralisation in the first reconnaissance hole […]
THE BOURSE WHISPERER: Metallum Limited (ASX: MNE) has commenced trucking copper-bearing material from the Panga mine at the El Roble copper project in Chile to a nearby toll treatment plant. The Perth-based copper developer said it has received a permit to commence delivery of copper-bearing material to the local ENAMI facilities. This means Metallum is […]
