THE BOURSE WHISPERER: Mutiny Gold (ASX: MYG) has announced a maiden JORC-compliant Inferred resource for the Rocksteady iron project, located within the company’s Gullewa tenement package in the Murchison Region of Western Australia. An independent assessment of historic drilling and exploration undertaken at Rocksteady has been correlated to formulate an initial JORC Resource for the […]
THE BOURSE WHISPERER: Red Sky Energy (ASX: ROG) has reported two of the proposed 500 photovoltaic (PV) Soleir Systems have been installed on the site of the Dubbo Solar One project. “The company is delighted to report that the installation of the PV solar panel systems proceeded according to plan, without a problem,” Red Sky […]
CONFERENCE CALLER: With the Paydirt Africa Down Under Conference kicking off next week, we thought we would take a look at what a few of the exhibiting companies have been up to lately. Gryphon Minerals (ASX: GRY) Permitting for the Mining Licence at Gryphon’s Banfora gold project in Burkina Faso, West Africa is apparently progressing […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Aurizon Holdings Limited (ASX: AZJ) FY13 result in line–with dividend surprise. On Monday 19 August 2013 Aurizon management announced FY13 underlying EBIT of $754 million, up 29 per cent on the pcp, and largely in line with our expectations of $756 […]
IN THE LOBBY: The Western Australian Government has begun formal public consultation for a review on the State’s mineral royalty rates. The terms of reference for the review and a stakeholder consultation paper for the Mineral Royalty Rate Analysis were released by WA Premier and State Development Minister Colin Barnett and Mines and Petroleum […]
THE DRILL SERGEANT: Kidman Resources (ASX: KDR) has received assays results from a recently-completed RC drill program, which intersected thick zones of high-grade copper mineralisation on the Southern Lode at the company’s Home of Bullion project in the Northern Territory. Results include: – 10 metres at 3.56 per cent copper, 0.31 per cent lead, 2.46 […]
THE DRILL SERGEANT: General Mining Corporation (ASX: GMM) has been encouraged by recently-completed drilling at the company’s 100 per cent-owned Chesterfield gold project, located 50 kilometres north-west of Meekatharra in Western Australia. The latest results come from the Dorothy prospect at Chesterfield, where drilling targeted mineralisation associated with the main workings. The drilling returned visible […]
THE DRILL SERGEANT: Sovereign Gold (ASX: SOC) has boosted the JORC resource estimate at Pipe 1, located within the company’s Mount Adrah Hobbs gold deposit southeast of Wagga Wagga in New south Wales. The increase is the result of an independent review based on exploration work completed so far and updated geological computer modelling by […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of CFO Doray Minerals (ASX: DRM) has appointed Jon Latto as the company’s chief financial officer. Prior to joining Doray, Latto was chief financial officer of ASX-listed Tanami Gold (ASX: TAM) for approximately six years, a period […]
THE BOURSE WHISPERER: There seems to be a bit if activity around the merger and acquisition area lately with ASX-listed companies doing deals with just as many unlisted companies as they are with their contemporaries. Gold One Merges West Rand Assets with Sibanye Gold for 17 per cent equity interest Gold One International (ASX: GDO) […]
