THE BOURSE WHISPERER: Panax Geothermal is closer to the development of up to 25 megawatts of geothermal power for PT Dairi Prima Mineral’s underground lead and zinc mine in northern Sumatra. The company has received approval of the final mining licences and permits for the PTDPM mine. The company said the Indonesian Ministry of Forestry […]
ONE OFF THE WOOD: Pan Asia Corporation chief executive officer Alan Hopkins dropped in recently to tell the Roadhouse how his company is going about developing a coal project in Indonesia. As a coal play located in Indonesia you seem to be off the market radar a bit at the moment. Can you tell […]
THE DRILL SERGEANT: Encounter Resources has identified a new large scale copper oxide position to the south of the BM1 prospect. Broad spaced aircore drilling completed in October at the BM7 prospect has identified broad zones of copper/cobalt anomalism with a number of holes ending in mineralisation. The BM1 and BM7 prospects are two of […]
THE DRILL SERGEANT: Millennium Minerals has received assay results from RC drilling undertaken this year at the Crow and Condor deposits, situated within the Golden Gate area of the company’s Nullagine gold project. Millennium recently completed a total of 15 Reverse Circulation holes for 987 metres at the Condor and Crow deposits at the […]
THE BOURSE WHISPERER: The worst kept secret of the last week was revealed when Murchison Metals announced it had entered into a conditional sale agreement with Japanese company Mitsubishi in relation to all of the former’s interests in Crosslands Resources. Crosslands Resources is the owner of the Jack Hills expansion project, and the much anticipated […]
THE BOURSE WHISPERER: Minotaur Exploration has announced the maiden JORC Inferred Resource for its Muster Dam deposit. The Muster Dam deposit is one of a number of magnetite prospects Minotaur holds within the Mutooroo Magnetite project in South Australia. Location of the Mutooroo Magnetite deposits in South Australia. Source: Company announcement The new […]
THE BOURSE WHISPERER: Gold Anomaly has completed a maiden resource estimate in accordance with JORC guidelines for its Nevera prospect, part of the company’s Crater Mountain gold project in Papua New Guinea. The Inferred Resource at Nevera comprises 24 million tonnes at 1.0 grams per tonne gold for 790,000 ounces of gold. “This maiden resource […]
So the mining tax, the MRRT, the Mineral Resources Rent Tax, has finally made its way past the finishing post of the chamber of the House of Representatives. The handicappers hadn’t been friendly to MRRT initially, which began the season a long way behind opening price favourite RSPT. RSPT, having been uprooted from the Henry […]
THE DRILL SERGEANT: Integra Mining said that recent RC drilling has provided further confirmation of the Santa trend’s potential for an open pit as well as underground production for the Randalls gold project in Western Australia. Additional diamond drilling undertaken at the Cock-eyed Bob prospect has also maintained its delivery of strong results. Results from […]
THE BOURSE WHISPERER: Western Desert Resources has signed a Memorandum of Understanding with Xstrata Zinc to investigate the feasibility of gaining access to the latter’s McArthur River mine loading facility at Bing Bong on the Gulf of Carpentaria. The ability to access the Bing Bong facility would accelerate Western Desert’s plans to ship iron ore […]
