THE DRILL SERGEANT: Mineral sands exploration play Sheffield Resources (ASX:SFX) has claimed a new discovery has been identified by drilling at the company’s Dampier heavy mineral sand (HMS) project near Derby in the Kimberley Region of Western Australia. Labelled the Thunderbird discovery it was the first target to be drilled by Sheffield within the Dampier […]
THE BOURSE WHISPERER: CTEC Pty Ltd, a wholly-owned subsidiary of engineering, construction, maintenance and power generation services provider Forge Group (ASX: FGE) has received a Notice of Award from Rio Tinto (ASX:RIO). The NOA is for an Engineering, Procurement and Construction (EPC) contract to deliver a Combined Cycle Gas Turbine (CCGT) Power Station at Cape […]
THE BOURSE WHISPERER: Ghana-focused gold explorer Castle Minerals (ASX: CDT) has had metallurgy test work completed that it says has confirmed the commercial potential of the company’s Kambale graphite deposit. Flotation tests were conducted on fresh and weathered graphitic schist from the Kambale deposit in north‐west Ghana, which have demonstrated graphitic carbon from the deposit, […]
AFRICA DOWNUNDER: Perth – Opening the Paydirt Africa Downunder Conference in Perth Australia’s Minister for Foreign Affairs Bob Carr spoke about the growing presence and increasing engagement Australian was having in Africa. “We are strengthening political links with African regional organisations and through high-level contact,” Carr said. “Our development assistance – to help Africa increase […]
AFRICA DOWNUNDER: Perth – Central and West Africa will be the world’s next major supplier of iron ore according to Africa-focused Australian iron ore developer, Equatorial Resources. Speaking in Perth on the first day of the 2012 Paydirt Africa Downunder conference, Equatorial managing director John Welborn said China, by 2015, wanted to import 50 per […]
AFRICA DOWNUNDER: Perth – Resource nationalism is scaring the global resources sector and is being seen by many as a modern day “native title controversy”, a leading Australian resources lawyer believes. Speaking in Perth on the first day of the 2012 Paydirt Africa Downunder conference, Gilbert and Tobins Lawyers partner Michael Blakiston said many in […]
AFRICA DOWNUNDER: Perth – An incentivised price range of between US$75 and US$90 a pound is needed to drive any new investment in greenfields uranium mines according to Perth-based uranium developer, Bannerman Resources. Speaking in Perth at the 2012 Paydirt Africa Downunder conference, Bannerman chief executive officer Len Jubber said that while the industry had […]
AFRICA DOWNUNDER: Perth – Copper rich Zambia has called on the world’s resource investment powerhouses to drive an expansion of the country’s mineral riches into a far more diversified mineral extraction and processing sector rather than its historic renown as Africa’s largest red metal producer. In an impassioned speech in Perth today on the second […]
AFRICA DOWNUNDER: Perth – Australia has enjoyed its time as China’s resources mistress but the emergence of Africa has given our biggest commodities customer reason to stray. China took over from Japan as Australia’s largest trading partner in 2009, right in the middle of the iron ore-led resources boom. In 2005/06 the dollar figure placed […]
The Olympic Games may be over but Aggreko boss Asterios Satrazemis told The Roadhouse his company is still powering along. When I walk around mine sites I notice many pieces of equipment with Aggreko written on them and have often wondered what exactly it is that you do. Aggreko is a global PLC (Public Limited […]
