THE BOURSE WHISPERER: Hodges Resources (ASX: HDG) has completed mine scoping and power integration studies for the company’s Morupule South project in Botswana. Highlights from the study include: – Life of mine ROM production costs for 1.5 million tonnes per annum (Mtpa), 5Mtpa and 5-10Mtpa operations were US$10.18 per Run Of Mine (ROM) tonne, US$10.59 […]
THE BOURSE WHISPERER: IronClad Mining (ASX: IFE) has received a nod of approval from the Government of South Australia for the company’s application for amendments to the existing Lucky Bay Port approval. IronClad had asked the SA Government for a number of amendments to be made to existing approvals since the downturn in global iron […]
For the latest releases from The Pick please click the links below. Venturex Resources (ASX: VXR) Non-Executive Director Appointment… Read more IMX Resources (ASX: IXR) IMX Appoints Azure Capital as Corporate Advisor… Read more International Goldfields (ASX: IGS) Copper Values Increase in Extension Drilling of Gold-Copper Mineralisation, Latin Gold Project, Brazil… Read more Latin Resources […]
THE BOURSE WHISPERER: Radar Iron (ASX: RAD) has reached an agreement to acquire 51 per cent of the Mount Ruby magnetite deposit in the Innisfail district of Far North Queensland from private company, Developed Iron Ore. Project location. Source: Company announcement An exploration target for the high grade magnetite mineralisation at Mt Ruby […]
TNG Limited (ASX: TNG) has received results of recent resource drilling undertaken at the company’s Mount Peake vanadium-titanium-iron project in the Northern Territory. The drilling encountered consistent mineralised intercepts both within and around the existing resource area. TNG completed a program of Reverse Circulation (RC) drilling during the December 2012 Quarter, which was designed to […]
THE DRILL SERGEANT: Recently-listed Tungsten Mining (ASX: TGN) has been encouraged by positive results it has received from the final analysis of the first eight holes of a Phase 1 drilling program, at the company’s Kilba tungsten project in the Gascoyne Region of Western Australia. Tungsten Mining commenced diamond drilling in November 2012 to confirm […]
THE BOURSE WHISPERER: Sherwin Iron (ASX: SHD) has signed an MOU with Genesee & Wyoming Australia (GWA) for the purpose of defining a framework for a definitive long-term rail service agreement. GWA is a provider of above rail freight services in South Australia and the Northern Territory and owner of the Tarcoola to Darwin railway. […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Altona Mining Ltd (ASX: AOH) Outokumpu performing well, Roseby development-ready but requires finance Outokumpu copper project (Finland): – Record quarter of production, exceeding feasibility design. – Plant throughput of approx. 144,000 tonnes (FSBe 138kt) represents 104 per cent of nameplate (550kt […]
A recently conducted study by research firm Bloomberg New Energy Finance (BNEF) has produced some interesting data on the power bill discussion providing endless talk-back fodder across the nation. Listen to any politician of any persuasion and they’re all ready to tell you that paying for electricity is becoming harder for the average ‘battling’ of […]
THE DRILL SERGEANT: Cauldron Energy (ASX: CXU) has released a 300 per cent upgrade to the resource on the Bennet Well prospect, situated within the company’s Yanrey uranium project in Western Australia. Independent consultants, Ravensgate Resources have calculated a JORC-compliant resource for the Bennet Well region. The new total uranium resource has increased from 4.8 […]
