With its first Tasmanian mining lease well on the way to being granted, Australian Bauxite (ASX: ABZ) is poised to take advantage of favourable developments in the global bauxite market. Australian Bauxite’s (ABx’s) carefully planned success began in 2006 when chief geologist Jacob Rebek started looking for bauxite deposits on the eastern seaboard of Australia. […]
Perth-based Latin Resources managing director Chris Gale dropped by to tell The Roadhouse how the company is positioning itself for a long-term relationship with Peru by way of three diverse projects. How long has Latin Resources (ASX: LRS) been operating in Peru? We have been in Peru now for five years and we have […]
THE CONFERENCE CALLER: The resources conference season is well and truly underway but with the number of events scattered across the calendar, how do junior companies decide which forum offers them the best value? Next week The Roadhouse heads to Sydney to attend the RIU Sydney Resources Round-Up, kicking off a couple of months of […]
THE DRILL SERGEANT: Rubianna Resources (ASX: RRE) has been encouraged by positive exploration results from a recently-completed maiden RC drill program at the Killara base-metal project within the company’s Murchison tenements northeast of Meekatharra in Western Australia. Project location map. Source: Company announcement The company said the results of the drilling had supported […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. NRW Holdings Ltd (ASX: NWH) NWH has won a new contract for RIO Tinto (ASX: RIO) to provide earthworks on the Nammuldi project worth $180 million over 37 weeks and a $67 million contract (subject to FID) on the Roy […]
THE DRILL SERGEANT: Trafford Resources (ASX: TRF) has announced that recent drilling conducted by its Joint Venture partner IronClad Mining (ASX: IFE) at the company’s Wilcherry Hill project in South Australia has intersected high-grade near-surface tin. Results from the first of 10 holes drilled at the Zealous prospect include: – 7 metres at 3.16 per […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has upgraded the Resources at the Williamson Mining Centre, which is part of the company’s Matilda gold project in Western Australia. Blackham explained it had conducted the resource upgrade was conducted in order to improve the company’s confidence in the geological model and to allow scoping studies to […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Anglogold Ashanti appoints new CEO AngloGold Ashanti (ASX: AGG) has appointed Srinivasan Venkatakrishnan (Venkat) as chief executive officer effective immediately. Venkat has been with AngloGold Ashanti for nine years. He was chief financial officer at Ashanti Goldfields until […]
THE BOURSE WHISPERER: Australian-American Mining Corporation (ASX: AIW) has extended the due diligence period for the Blue Bell and De Soto projects, from 12 months to 18 months. AusAmerican has paid the project vendor a fee of US$25,000 to extend the due diligence period by six months. The company now has until March 2014 to […]
THE DRILL SERGEANT: An aircore drilling program completed by Mindax Limited throughout February/March at the company’s Mortlock project in Western Australia has defined two new areas of supergene copper mineralisation. The drilling was designed as infill around a previous copper and gold anomalism. Mindax completed a total of 58 drillholes for 2,748 metres and […]
