THE BOURSE WHISPERER: Exterra Resources (ASX:EXC) has submitted a Mining Proposal and Mine Closure Plan for the company’s 100 per cent-owned Second Fortune gold project at Linden in Western Australia to the Department of Mines and Petroleum. The company’s environmental consultants, MBS, completed all of the environmental studies required for the lodgement of documentation with […]
Australia’s superannuation funds have been urged to rethink their investment strategies and funnel their investment deposits at a higher participation rate in emerging new unconventional gas projects along Australia’s east coast. Unsurprisingly the call to superannuation arms came from one of the industry’s key participants, Liberty Resources managing director Andrew Haythorpe while presenting at the […]
THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has commenced diamond drilling on the company’s 100 per cent-owned Horseshoe Lights copper-gold project, located in the Peak Hill Mineral Field of Western Australia. Horseshoe Metals projects location plan. Source: Company announcement The drilling program has been designed to test for high-grade copper-gold zones down dip […]
CONFERENCE CALLER: The 3rd annual Resources & Energy Investment Symposium is on 20-22 May, once again held in the unique city of Broken Hill. Event organisers are confident this year’s Symposium can repeat the success of last year, which welcomed over 350 delegates, 12 keynote speakers and more than 30 resource companies presenting their stories. […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Tungsten Mining (ASX: TGN) Tungsten Mining (ASX: TGN) is advancing assessment of its flagship Kilba project (100 per cent) in the Gascoyne region of Western Australia, with the aim of making a rapid transition to production. To that end, the company […]
GAVIN WENDT: In a further demonstration of the irrationality of financial markets at present, the price of gold fell sharply over the past week, despite a host of supporting factors that under normal circumstances would result in a stampede towards the precious metal. Recently, we’ve witnessed a ratcheting-up of the rhetoric from the rogue state […]
THE DRILL SEREGANT: Volta Mining (ASX: VTM) has reported surface rock chip results grading up to 51 per cent iron from the company’s Mbombo iron ore project in Gabon, West Africa. The company said the rock chip results support its previously released Exploration Target for the project of 385 to 640 million tonnes at 30 […]
THE BOURSE WHISPERER: Western Australian Premier Colin Barnett officially opened the Karara iron ore project this week. While doing so, Barnett took the opportunity to announce the state’s magnetite projects can now apply for up to 50 per cent royalty. The new magnetite royalty rebate is to be considered on a project-by-project basis, which Barnett […]
THE BOURSE WHISPERER: Arc Exploration (ASX: ARX) has signed Option to Farm-in Term Sheets on two gold projects in New South Wales, Australia. The projects are located in the Junee and Oberon districts and are held 100 per cent under exploration licences by non-listed company New South Resources (NSR). The two projects are situated in […]
THE BOURSE WHISPERER: Red Sky Energy (ASX: ROG) has secured an option to purchase a site for a major solar power station in south west New South Wales. The deal has emerged via solar energy company, SOLEIR, which Red Sky acquired in November last year. SOLEIR has negotiated a three year option over a 269 […]
