THE BOURSE WHISPERER: Renaissance Minerals has entered into a Share Sale Agreement with OZ Minerals to acquire the latter’s Cambodian gold assets. The deal will be completed via Renaissance’s acquisition of OZ Minerals’ wholly owned subsidiary, OZ Minerals (Cambodia) Limited. Cambodian gold project. Source: Company announcement Upon completion of the acquisition, OZ Minerals […]
THE BOURSE WHISPERER: Discovery Metals has been granted four new prospecting licences in the Kalahari Copperbelt of North West Botswana. According to Discovery Metals the licences which cover “all metals”, and are situated within the vicinity of the D’Kar and Ghanzi communities. The company said it would be referring to the licences as the D’Kar […]
THE BOURSE WHISPERER: Avanco Resources has agreed terms with global heavyweight Xstrata Copper for a 100 per cent interest holding in the Pedra Branca project, located in Carajas Brazil. Pedra Branca is located south of Avanco’s existing Rio Verde copper project, a location the company identified to offer potential synergies and economies for future mine […]
THE BOURSE WHISPERER: Mineral sands exploration play Sheffield Resources has announced a maiden Inferred Resource of 4.4 billion tonnes at 1.2 per cent heavy minerals (HM) for 53 million tonnes of contained HM at the company’s McCalls heavy mineral sand (HMS) project. The McCalls project is located 110 kilometres north of Perth near Gingin in […]
Equity markets lately, while showing some long awaited stability, still have a tendency to swing like the breeze. North, south, east or west, it could be any direction, and it could be at any rate of velocity. One minute we are back on the “to infinity and beyond” trajectory, to paraphrase one of my favourite […]
THE DRILL SERGEANT: Viking Ashanti has reported the thickest and highest grade gold intercepts it has encountered at its 100 per cent-owned Akoase East gold project in southern Ghana, West Africa. The Perth-based company announced that first drilling of previously untested soil anomalies northeast of the Akoase East deposit had identified new zones of mineralisation. […]
THE DRILL SERGEANT: Focus Minerals told the market that reconnaissance drilling at its Treasure Island gold project has confirmed a gold bearing system running through the project appears to be much longer in potential strike length than initial estimates. The Treasure Island gold project on Lake Cowan is located 35 kilometres south-south east along strike […]
THE DRILL SERGEANT: Gryphon Minerals has announced follow up drilling results from its new Stinger discovery located only 10 kilometres to the east of the company’s Nogbele gold deposit and planned gold processing plant. The Nogbele gold deposit is part of Gryphon’s Banfora gold project in Burkina Faso, West Africa. Banfora gold project, Burkina […]
THE BOURSE WHISPERER: The self-funding policy employed by emerging iron ore play IronClad Mining for development of its Wilcherry Hill iron ore project in South Australia has continued its successful run. The company has announced a further capital raising for the project to the tune of $3 million following the placement of 3.5 million shares […]
THE DRILL SEREGEANT: Emmerson Resources has commenced a new drilling program on its ground holding located within the Tennant Creek Mineral Field. Emmerson said the $10 million campaign has been designed to enable it to unlock a new generation of copper/gold deposits on its ground. Last year Emmerson made two significant discoveries at Goanna and […]
