THE BOURSE WHISPERER: Millennium Minerals has reported an update of the gold Mineral Resource and Ore Reserve Inventories for the company’s Nullagine gold project in in the East Pilbara District of Western Australia. The global Mineral Resource estimate for the Nullagine project now stands at 34.68 million tonnes grading at 1.19 grams per tonne gold […]
For speculators and market participants the last eight months have been extremely tough going and for the stock pickers amongst us the viability of our strategy would have been tested. The junior resource sector after a positive start in January/February 2011 has been decimated due to extreme Dow volatility and European debt concerns despite strong […]
Working on a mine site is hard, dirty work, which is more often than not carried out in the most remote locations. Fly In Fly Out employees work rosters that require leaving their ‘real’ homes behind for days, sometimes weeks, on end. Speak with any mining company executive and they will tell you one of […]
THE DRILL SERGEANT: Centaurus Metals has commenced a round of Reverse Circulation (RC) drilling its Jambreiro iron ore project in south-east Brazil. The new drilling program is part of a Bankable Feasibility Study work program. RC Rig drilling at Jambreiro project. Source: Company announcement “The RC in-fill program, which is one of several […]
THE DRILL SERGEANT: Melbourne-based gold explorer Bassari Resources has commenced reverse circulation (RC) drilling at the company’s Bennajiggi prospect, situated within its Moura permit in Senegal, West Africa. The company is awaiting results for a resource upgrade at its Makabingui gold project, which it said is on track to be released before the end of […]
THE BOURSE WHISPERER: Carnegie Wave Energy has completed a site assessment study for projects using its CETO technology along the Chilean coast and the appointment of a South American Development Partner. Carnegie has been working in conjunction with its Chilean representative and local development on opportunities for its CETO technology within the South American country. […]
THE BOURSE WHISPERER: Perth-based coal play ZYL Limited has been on the receiving end of two unsolicited expressions of interest from industry participants to either partner with or acquire the company. ZYL has two coal projects located in South Africa, the Kangwane project and the Mbila project. Kangwane location map. Source: Company web site. […]
THE DRILL SERGEANT: Andrew Forrest-led Poseidon Nickel has received news that its Windarra nickel project in Western Australia will not require formal assessment by the Environmental Protection Agency (EPA). Instead the environmental approval for the project is to be managed under Part V of the Environmental Protection Act of 1986. Receipt of this conditional waiver […]
THE BOURSE WHISPERER: Hillgrove Resources has commenced trucking concentrate from its Kanmantoo copper mine to Port Adelaide, where it is to be stored awaiting ship-loading in early 2012. Hillgrove has approximately 1,000 tonnes of copper concentrate in the concentrate storage shed at Kanmantoo. This stash is currently being added to by production of between 150 […]
THE BOURSE WHISPERER: Blackthorn Resources has extracted the first parcel of mineralised ore from underground workings at the Perkoa zinc project in Burkina Faso, West Africa. The Perkoa Project is currently being developed by a joint venture between Blackthorn Resources (39.9%) and Glencore International (50.1%), with the remaining interest held by the Government of Burkina […]
