Entries by Wally Graham

Enerji generates $1M placement

THE BOURSE WHISPERER: Emerging Perth-based green energy utility, Enerji Limited has completed the book build for a share placement with commitments of approximately A$1,000,000, before costs, to sophisticated and private investors. The purpose of the placement is to further fund the installation process of Australia’s first Opcon Powerbox at Horizon Power’s Carnarvon Power Station. Designed […]

Aura Energy Identifies second Swedish uranium field

Australian uranium exploration play Aura Energy has received promising results from an initial drilling program on its Kallsedet uranium project in Sweden. The four-hole diamond drilling program, for a total of 419 metres, revealed thick, mineralised intersections varying from 12m to 98m in cumulative thickness. According to Aura the results confirm a widespread occurrence of […]

IOH prepares sale catalogue.

THE BOURSE WHISPERER: Diversified ASX-listed explorer Iron Ore Holdings is conducting a review of its portfolio of high-quality iron ore tenements and projects located in the Pilbara region of Western Australia. The review is part of a previously announced commercialisation process, which has resulted in a formal review process of the company’s Central satellite projects […]

Mining States enter skills agreement.

THE BOURSE WHISPERER: If there is to be at least one certainty to emerge out of the current burgeoning mining industry boom in Australia it is that we will run out of skilled workers. It happened last time and mining companies spent a lot of time complaining about the shortage. Mining companies also spent a […]

May tests investors’ Market support

Sometimes investing in the ASX is a bit like following a footy team. If it’s going well, then it’s all encompassing. But if the market turns ugly, as it is now, your support wanes somewhat. The main difference is that with a footy team, you only have the weekend consuming you. But with speculative mining […]

Vital inks Watershed agreement with Japanese.

THE BOURSE WHISPERER: Australian-based mineral exploration and development company Vital Metals has entered into an Earn-In Agreement over its 100% owned Watershed tungsten project in Queensland, with Japan Oil, Gas and Metals National Corporation (JOGMEC). According to Vital Metals chairman David Macoboy, under the terms of the Agreement, JOGMEC can earn 30% of the Watershed […]

Bulletin posts positive drill results.

THE DRILL SERGEANT: Perth-based gold play Bulletin Resources has received initial results from the current 11,500 metre RC drilling program being carried out at the company’s wholly owned Nicolson’s Gold project near Halls Creek in Western Australia. Drilling commenced at Nicolson’s in late April initially targeting interpreted north-plunging high grade lode extending below the former […]

The King delivers for St Barbara

THE BOURSE WHISPERER: Australian gold producer and mineral explorer St Barbara has commenced gold production from its King of the Hills underground mine at Leonora. The King of the hills mine has had a fairly impressive development run having first been approved just over a year ago in March 2010. By September a Definitive Mine […]

Corazon Mining intercepts massive sulphides.

THE DRILL SERGEANT: The share price of Australian exploration company Corazon Mining has continued to rise this morning following yesterday’s trading that saw it surge 92.31% with just over 9 million shares traded. The attention came on the back of an announcement of some impressive results from the company’s current drill program at the EL […]

Mincor Resources strikes $30 million gold – copper deal

ASX-listed Perth-based nickel miner Mincor Resources has advanced its growth and diversification strategy after striking a $30 million joint venture deal covering a suite of high-potential gold and copper exploration projects in Papua New Guinea. The transaction with PNG exploration company Niuminco Limited and its subsidiaries, provides Mincor access to a pipeline of growth assets […]