THE HOTEL INSPECTOR: Breakfast, they say, is the most important meal of the day. It is also the one meal many large hotels get so horribly wrong by charging their guests ridiculous prices. Does $25 to $35 for a continental breakfast, which generally ends up being cereal, toast and coffee sound familiar? More often than […]
THE DRILL SERGEANT: Lamboo Resources (ASX: LMB) has completed RC drilling at the company’s McIntosh flake graphite project in Western Australia. Lamboo said the drilling has confirmed the continuity of flake graphite mineralisation at Target 1 and provides the potential for an increase to the current JORC compliant resource of the project announced in April. […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has formulated a new nickel exploration strategy for the company’s East Laverton Property in the northeast Goldfields of Western Australia. The new exploration strategy comes with the consolidation of the nickel rights at the East Laverton Property after BHP Billiton Nickel West (ASX: BHP) informed the company […]
THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has advised the market of the production numbers for the recently-completed September quarter. Ramelius said the company’s Mt Magnet gold project in Western Australia had achieved record production for the quarter. Gold production from Mt Magnet for the quarter was 18,245 ounces of fine gold, which Ramelius claims […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has completed a maiden Mineral Resource estimate for the Camelwood nickel sulphide deposit. The deposit is part of the company’s Mt Fisher project and is located approximately 500 kilometres north of Kalgoorlie in Western Australia. The resource estimate comprises 1.6 million tonnes at 2.2 per cent nickel containing […]
THE BOURSE WHISPERER: There are plenty of companies out there at the moment with projects screaming to be developed. Needless to say the current equity climate isn’t as sunny as these companies would like. That said, there does seem to be a fair bit of activity in the marketplace in regards to merger and partnership […]
THE BOURSE WHISPERER: Two more companies have taken advantage of the Western Australian Government’s Mining Rehabilitation Fund. Blackham Resources’ (ASX: BLK) 100 per cent-owned subsidiary Kimba Resources has applied for early entry into the Western Australia Mining Rehabilitation Fund and as a result the Department of Mines and Petroleum has agreed to refund the $2.239 […]
THE BOURSE WHISPERER: Metal Bank (ASX: MBK) has entered into an agreement with the shareholders of unlisted company Roar Resources to acquire 100 per cent of the total issued capital of Roar in exchange for the issue of 106.94 million shares. Metal Bank said the acquisition of Roar will provide it with ownership of […]
THE DRILL SERGEANT: Kingsgate Consolidated (ASX: KCN) has released an update to the gold Mineral Resource inventory and Ore Reserves at the company’s Challenger mine in Western Australia, as at 30 June 2013. The new statement incorporates implementation of the company’s new mine plan, which is focussing on the higher grade Challenger West ore body […]
THE DRILL SERGEANT: Sovereign Gold (ASX: SOC) has reported continued positive results from an exploration program currently underway at Hobbs Pipe 1, situated within the company’s Mt Adrah Hobbs gold project in New South Wales. The company has taken much encouragement form the results achieved from high-grade gold mineralisation intersected in drill hole GHD006. Results […]
