Entries by Wally Graham

Consolidated Tin secures cornerstone investor

THE BOURSE WHISPERER: Australian tin exploration and development company Consolidated Tin Mines has secured a major cornerstone investor for the Company’s Mt Garnet tin project, near Cairns in northern Queensland. The new investor is Hong Kong based investment company, Snow Peak International Investment. Snow Peak has taken an initial placement of $1.6 million into Consolidated […]

Gryphon Minerals sharpens Stinger

THE DRILL SERGEANT: West Africa-focused gold play Gryphon Minerals has received encouraging results from an initial round of RC and diamond drilling on its new Stinger discovery located only 10 kilometres to the east of the Nogbele gold deposit and planned processing plant, at the company’s Banfora gold project in Burkina Faso. Gryphon said the […]

Sheffield scores at Irwin

THE DRILL SERGEANT: Bulk minerals explorer Sheffield Resources has received results from a 31 hole drilling program at its Irwin heavy mineral sand (HMS) project located 80 kilometres southeast of the port of Geraldton in the Mid West region of Western Australia. Sheffield said the latest drill results from Irwin, combined with results of drilling […]

Barra executes Burbanks agreement

THE BOURSE WHISPERER: Barra Resources has formalised a tribute mining agreement with FMR Investments that it says will enable it to resume gold production at its Burbanks gold project in Coolgardie, Western Australia. Barra said the new alliance gives the company a revenue stream in times of record gold prices at the lowest possible risk […]

Ark buys Indonesian project

THE BOURSE WHISPERER: Sydney-based Ark Mines is about to gain control of a highly prospective and advanced exploration project known as the Masuparia Contract of Work (COW) located in Central Kalimantan, Indonesia. Control of the COW comes to Ark through the acquisition of 100 per cent Sphere Complex Limited, a company which is the indirect […]

Insider trading probe for Chinese predator

THE BOURSE WHISPERER: Australia’s corporate regulator, the Australian Securities and Investment Commission has commenced an insider-trading probe into a number of executives at private Chinese firm Hanlong Mining. The announcement of the investigation saw the shares of two mining companies; Sundance Resources and Bannerman Resources receive a belting on the Australian bourse as both are […]

Uranium holds long-term value

Cameco’s US$530m bid for smaller uranium rival underlines long-term value in uranium. I’m still very much supportive of uranium as a long-term investment play. The reason is quite simple. The world doesn’t have many options when it comes to generating reliable base-load power. Furthermore if you want to minimize environmental impacts, that really just leaves […]

Eagle Eye turned on Mali

Two essential assets for working in West Africa are a landholding with potential to produce gold and years of experience working there; Eagle Eye Metals has both. Earlier this year Eagle Eye Metals acquired private, West African company Birimian Gold. By doing so it landed two advanced gold projects located in the Birimian Greenstone Belt […]

Navigator upgrades Bronzewing

THE BOURSE WHISPERER: Perth-based gold producer Navigator Resources has achieved a significant increase in the reportable Ore Reserve for the Cockburn gold deposit at the company’s the Bronzewing gold project. The Open Pit Ore Reserve for the Cockburn gold deposit, which is part of Bronzewing, has been re-estimated following a recent upgrade in the Cockburn […]

Empire intersects high-grade A Zone copper

THE DRILL SERGEANT: Perth-based Empire Resources has struck a seven metre wide copper intersection its A Zone prospect, located within the company’s wholly owned Yuinmery copper-gold project, in Western Australia. The copper mineralisation was identified in a recently completed Reverse Circulation drill hole that was part of an ongoing drilling program being carried at the […]