THE BOURSE WHISPERER: Dart Mining (ASX: DTM) has tied up a cash injection of $10 million from US-based institutional investor RK Mine Finance (aka Red Kite). “Dart Mining has worked closely with Red Kite through a detailed due diligence process which involved a site visit by Red Kite’s investment team and its appointed experts. “The […]
THE BOURSE WHISPERER: Golden Rim Resources (ASX: GMR) has received the final results of a Scoping Study on the Netiana Lodes at the company’s Balogo project, in Burkina Faso. The Scoping Study was undertaken by Coffey Mining to assess the viability of an open cut mining and processing operation to mine the project’s Inferred Resource […]
THE DRILL SEARGEANT: Investigator Resources (ASX: IVR) has identified new silver targets in the eastern part of the Peterlumbo Joint Venture tenement (75 per cent IVR). The targets are situated at distances of 15 kilometres to 30 kilometres east of the Paris silver deposit. Investigator said it had defined the new targets via first-pass soil […]
THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has completed a Mineral Resource Estimate for the Water Tank Hill deposit situated alongside the company’s Mt Magnet gold mine in central Western Australia. The new estimate for the Water Tank Hill satellite deposit has come in at 63,000 ounces of gold. Ramelius indicated the Water Tank Hill […]
THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has claimed discovery of a new high-grade epithermal gold vein at the Lobo prospect, situated within the company’s Batangas gold project, located 100 kilometres south of Manila in the Philippines. The company said it had identified a continuous 19 metre surface channel of 1 metre spaced samples […]
THE BOURSE WHISPERER: Latrobe Magnesium (ASX: LMG) has completed further work on costings and processes of the company’s Latrobe Valley magnesium plant, located in the Latrobe Valley, Victoria. The completed work has resulted in a rise of the net present value (NPV) of the plant from $83 million to $120 million. Latrobe said the recent […]
THE DRILL SERGEANT: Octagonal Resources (ASX: ORS) has received results from copper analysis of aircore drill holes completed at the Burns prospect, within the company’s Hogans project in Western Australia. During 2011 aircore drilling was conducted the Burns prospect to test for an Archaean-style lode-gold deposit, with samples analysed for gold only. A subsequent drilling […]
THE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has announced a JORC-compliant gold Indicated and Inferred resource estimate for the company’s 100 per cent-owned Okvau gold deposit in Cambodia, of 15.6 million tonnes at 2.4 grams per tonne gold for 1.2 million ounces. The resource estimate comprises 15.2 million tonnes at 2.3g/t gold for 1.11 million […]
THE BOURSE WHISPERER: Continental Coal (ASX: CCC) has completed settlement on the sale of its shareholding in Vanadium and Magnetite Exploration and Development Co (SA) (Pty) Limited. Continental said the total sale proceeds of approx. US$10 million from the sale of the company’s shareholding in VanMag will be put towards purchasing all the outstanding minority […]
THE BOURSE WHISPERER: Australia has become the largest supplier to the world’s biggest Liquefied Natural Gas (LNG) buyer – Japan – for the first time. According to the latest EnergyQuarterly Report – by energy economics group EnergyQuest – Australia exported 15.9 million tonnes (Mt) of LNG to Japan in 2012, overtaking Qatar, which exported 15.7Mt, […]
