The Roadhouse has an audience reaching beyond these shores that are girt by sea that has requested we explain a few local idioms. Language is the mainstay of modern civilisation. It is an organic being and always subject to change. We encourage our readers to contribute to our dictionary. Please send your submissions to wally@resourcesroadhouse.com.au […]
All eyes are on the Big Pineapple this week as the Queensland State election is finally held. There hasn’t been so much anticipation and excitement in the land of the white-shod pensioner since Matilda, the winking kangaroo opened the 1982 Commonwealth Games. The Roadhouse has volunteered its services as a polling booth this Saturday for […]
GAVIN WENDT: Here’s some positive supply-side news that’s set to boost the price of refined nickel The past few years have been pretty tough ones for nickel, as the five-year price chart below attests. The price has endured some fairly nasty headwinds, both in terms of a fluctuating demand side and also a burgeoning supply […]
THE DRILL SERGEANT: Venturex Resources has received assays from an initial exploration drilling program completed last quarter at the company’s Whim Creek project in the western Pilbara region of Western Australia. The drilling was concentrated on the Mons Cupri South West prospect, located approximately one kilometre south west of the existing Mons Cupri copper-zinc deposit. […]
THE DRILL SERGEANT: Exco Resources has completed an updated resource estimate for the Kangaroo Rat deposit, located approximately 30 kilometres southwest of Cloncurry in northwest Queensland. The new Inferred Mineral Resource for Kangaroo Rat stands at 1.26 million tonnes at 1.29 per cent copper and 0.63 grams per tonne gold (0.5 g/t cut-off). The kangaroo […]
THE BOURSE WHISPERER: Mutiny Gold has secured 100 per cent ownership of the Widgie South tenement. The company settled the acquisition for a combined $200,000 comprising a $100,000 cash payment and the issue of shares to the value of $100,000. The company considers the Widgie South Project to hold excellent potential to contribute to its […]
THE BOURSE WHISPERER: Alcyone Resources has increased the Mineral Resource estimate for the company’s Twin Hills deposit. The Twin Hills deposit is the current source of ore feed for Alcoyne’s heap leach silver mining operation at the Texas silver and polymetallic project in southeast Queensland. The updated Mineral Resource, using a revised cut-off grade of […]
THE BOURSE WHISPERER: Precious Metal Resources has entered into a cooperation and investment agreement with Jiangsu Geology and Engineering Co. Ltd. (SUGEC) of Nanjing, China. The agreement will result in the Chinese company spending $2 million toward exploration on one of Precious Metals exploration licences (EL 7679) located 80 kilometres southeast of Armidale in New […]
THE BOURSE WHISPERER: Brazilian Metals Group has entered into an agreement with Larf Consultoria e Administracao Ltda to acquire 100 per cent of the Carrapato iron deposit, situated in the Quadrilátero Ferrífero (Iron Quadrilateral) close to Belo Horizonte, Minas Gerais State, Brazil. “This acquisition is a significant step in the company’s strategy to complement its […]
THE DRILL SERGEANT: Pan Asia Corporation has confirmed a potential second underground deposit in the north of the company’s TCM coal concession in South Kalimantan, Indonesia. Pan Asia said drill core and geophysical logging of four exploratory drill holes in the north of the concession, have confirmed continuity of the same coal seams from the […]
