THE BOURSE WHISPERER: Emerging fertiliser development company Aguia Resources (ASX: AGR) has received confirmation from the National Department of Mineral Production of Brazil that a further seven tenements have been granted close to the company’s phosphate discovery at Três Estradas (TE project) located in the state of Rio Grande do Sul, southern Brazil. Location […]
THE DRILL SERGEANT: Metals explorer Investigator Resources (ASX: IVR) has received further significant and high-grade silver intersections. The company said the results demonstrate the increased potential for a substantial silver deposit across multiple zones at the Paris prospect. The Paris silver prospect is located in the Eyre Peninsula region of the southern Gawler Craton of […]
THE BOURSE WHISPERER: Emerging gold producer Reed Resources (ASX: RDR) has launched a $10 million capital raising through a Placement and Share Purchase Plan (SPP). An issue price of $0.18 per Share has been fixed for both raisings. Reed said the funds raised will be used to maintain appropriate levels of working capital as the […]
THE BOURSE WHISPERER: Southern Cross Goldfields (ASX: SXG) has received indicative term sheets for 100 per cent debt funding for the company’s recently announced acquisition of the Sandstone gold project in Western Australia from Troy Resources (ASX: TRY). Southern Cross announced the agreement to acquire Sandstone in August for consideration comprising $5 million cash ($2.5 […]
Friday night Karaoke at The Roadhouse went Las Vegas style this week with a surprise performance from US presidential hopefuls Barack Obama and Mitt Romney. The campaign combatants entertained the small, intimate crowd with songs from the Brat Pack song book. First song: You say Tomatoe, I say Tomato. It wasn’t until the song […]
THE DRILL SERGEANT: Kentor Gold (ASX: KGL) has revised its five year plan for the company’s Murchison Gold operation in Western Australia. Kentor said the revised plan will increase production and reduce costs at the project. The company said it is anticipating Resource estimates to be increased shortly as updates for a number of the […]
THE BOURSE WHISPERER: Octagonal Resources (ASX: ORS) has received the results of underground sampling it recently carried out at the Nuggetty Reef gold mine, located 2.5 kilometres northwest of the company’s Porcupine Flat gold processing plant in Central Victoria. Octagonal undertook sampling of a 92 metre long drive accessed from the Nuggetty Reef adit, which […]
There is no doubt, especially in this current market, that when embarking on a rebuilding phase a company requires two important components. The first is a clear idea of its current situation and a precise plan of what it wants to achieve. The second, and some may say the most important, is a bank balance […]
Interesting news and views from across the Resource Analyst universe Hastings Rare Metals (ASX: HAS) Hastings Rare Metals Limited (ASX: HAS) is an Australian company headquartered in Sydney, focused on the exploration, development and production of Heavy Rare Earth Oxides (HREO) from its world-class deposit located in the North West of Western Australia. The […]
ONE OFF THE WOOD: On his way home from the Cambodian gold project Renaissance Minerals (ASX: RNS) managing director Justin Tremain stopped by to update us on the company’s recent activities. If we were to have had this conversation six months ago we would be discussing Renaissance Minerals as an Australian-focused exploration play, now […]
