THE BOURSE WHISPERER: Cove Resources (ASX: CVE) has had the Koivu titanium project mining concession in Finland granted by the Finnish government department responsible for mining and exploration tenement compliance (Tukes). The company is now in a community consulting period, which it said is expected to be completed on 27 May. “This is a significant […]
ONE OFF THE WOOD: Walkabout Resources (ASX: WKT) managing director Allan Mulligan called into The Roadhouse to explain what the company has been up to. Allan, Walkabout Resources reverse-listed into Nimrodel Resources on the ASX in 2011; Walkabout is a generic Australian term so can you explain how it fits the company’s African focus? […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Base Resources Ltd. (ASX: BSE) Base is on track to begin commissioning the US$298 million Kwale mineral sands project in Kenya on schedule in Sept 2013. Some US$196 million has been spent and funds are available for completion. Key […]
THE DRILL SERGEANT: Octagonal Resources (ASX: ORS) has received results of Reverse Circulation (RC) drilling recently completed at Frenchman’s Reef, Wehla, in Central Victoria. Frenchman’s Reef is located within the Wehla Goldfield, 60 kilometres northwest of the company’s Porcupine Flat gold processing plant at Maldon, and just over one kilometre to the north of its […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has commenced underground development and mining at the company’s 100 per cent-owned Andy Well gold project in the northern Murchison region of Western Australia. The company blasted the first portal trim on 26 April and has since advanced the decline approximately 16 metres underground. Portal and underground […]
THE BOURSE WHISPERER: Stonewall Resources (ASX: SWJ) announced to the market that its subsidiary company Transvaal Gold Mining Estates Ltd (TGME) has been granted a mining right (MP MR 433) for Glynn’s Lydenburg by the Department of Mineral Resources in South Africa. TGME has now been granted a total of six prospecting rights and eight […]
THE BOURSE WHISPERER: Ventnor Resources (ASX: VRX) has been granted Mining Leases and connecting Miscellaneous Licenses for the company’s Thaduna and Green Dragon project by the West Australian Minister for Mines. The Thaduna/Green Dragon copper project is located in the Doolgunna district of Western Australia, 40 kilometres east of Sandfire Resources’ (ASX: SFR) DeGrussa copper […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Board and Management changes Blackthorn Resources (ASX: BTR) has received notice from company chairman Bill Cash of his intention to retire at the company’s AGM, scheduled for 28 November 2013. Current non-executive director Mike Oppenheimer will become chairman […]
THE BOURSE WHISPERER: While not exactly in free fall, global commodity prices have been in a determined slump since around mid-February when they took a sharp fall on concerns about global growth, particularly in the world’s favourite customer, China. Back that up with a 10 to 15 per cent fall in the price of crude […]
THE BOURSE WHISPERER: The latest Quarterly season has been a flurry of activity and The Roadhouse’s inbox has been strained to capacity. Here’s a random selection of what companies had to say. Corazon Mining (ASX:CZN) Corazon commenced exploration at the Top Up Rise (TUR) IOCG project, in the Gibson Desert region of Western Australia, during […]
