GAVIN WENDT: I’ll never cease to be amazed by the logic (or the apparent lack of it) with respect to financial markets. Over the past few weeks so-called ‘experts’ have been telling us that gold’s un is over – and that the price is suffering due to renewed optimism with respect to the US economy, […]
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has received encouraging drilling results from the company’s 100 per cent-owned Canavial iron ore project, located 10 kilometres from its Jambreiro iron ore project in Minas Gerais, Brazil. The company said the results have supported the positive initial results it achieved from its maiden drilling program in 2011 […]
THE DRILL SERGEANT: Argent Minerals (ASX: ARD) has received the results of an independent review it recently commissioned for the company’s Kempfield silver project in New South Wales. The review was conducted by VMS expert Professor Ross Large, who was charged to evaluate the project’s potential for rich Volcanic‐Hosted Massive Sulphide feeder zones in the […]
THE DRILL SERGEANT: Apollo Minerals (ASX: AON) has completed a moving loop transient electromagnetic (MLTEM) survey over the Acacia East base metals prospect, which the company claims has identified strong electromagnetic (EM) conductors. Acacia East is located on Apollo’s 100 per cent-owned tenements, and forms part of the company’s Titan base-precious metals project in South […]
THE BOURSE WHISPERER: MGT Resources (ASX: MGS) has signed a contract to sell its first shipment of tin concentrate to its off-take partner Taimetco International Trade Co. MGT said approximately 17 metric tonnes of 65 per cent tin concentrate will be shipped directly to a smelter in Asia. The tin concentrate was processed at the […]
OUT AND ABOUT: KalNorth Gold Mines recently commenced mining activities at the Lindsay’s gold mine, which is part of the company’s KalNorth Gold Field located 65 kilometres form the historic gold mining town of Kalgoorlie in Western Australia. The mine is the first of four, including Kurnalpi, Kalpinin and Mt Jewell for a combined resource […]
Accessing capital is one of the critical issues facing the industry today. The mining project development funding pie is not as large as it has been in previous years and accessing a healthy enough slice is becoming increasingly difficult for the junior end of town. A quick scan of the boards of the Australian Securities […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Consolidated Tin Mines (ASX: CSD) The acquisition of the Kagara processing facilities by Consolidated Tin’s major shareholder is of major strategic importance, providing the company with a clear pathway to production. A 50/50 JV agreement will soon be signed with […]
THE DRILL SERGEANT: Crusader Resources (ASX: CAS) has commenced plant commissioning of direct shipping iron ore at the company’s 100 per cent-owned Posse iron ore project in Brazil, with first sales and revenue expected in March. Crusader started construction work on access roads, weighbridge, stockpile areas and office infrastructure in December 2012, all of which […]
THE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) is conducting its maiden drilling program at the company’s Blue Bell project in Arizona. The company has reported drilling so far has returned wide zones of copper-gold-silver mineralisation. AusAmerican has received the results from the first three holes of the 30 drill hole program with assays from […]
