Entries by Wally Graham

Research could help reduce carbon tax for major industries

A recent study conducted by Curtin University in Western Australia; Engineering reduced greenhouse gas production: A Remanufacturing solution – has revealed remanufactured refrigeration and air conditioning compressors produce up to 93 per cent less greenhouse gas emissions than new Original Equipment Manufactured (OEM) compressors. The study was conducted by the university’s director of the Centre […]

Octagonal earns 70 per cent in Lucky Bay

THE DRILL SERGEANT: Octagonal Resources has earned 70 per cent equity in tenements comprising the Lucky Bay South Joint Venture at the Hogan’s project, in Western Australia. The Hogan’s project is located 70 kilometres southeast of Kalgoorlie and 30 kilometres northeast of the 12 million ounce St Ives Goldfield.   The Lucky Bay South Joint […]

Westgold intercepts high-grades at South Fingall.

THE DRILL SERGEANT: Drilling carried out recently by Westgold Resources at the South Fingall prospect located in the Day Dawn Goldfield at the company’s Central Murchison gold project has intercepted a high-grade reef structure. According to Westgold the area has previously been subjected to wide-spaced shallow drilling, which defined a small open-pittable mineral resource of […]

Wolf Minerals to list on AIM

THE BOURSE WHISPERER: ASX-listed Wolf Minerals is soon to be a multi-listed company as it seeks admission to the AIM market of the London Stock Exchange. AIM (Alternative Investment Market) is the London Stock Exchange’s international market for smaller emerging companies. It is considered to be the most successful growth market in the world, and […]

Greenearth signs $25M deal with Vic Government

THE BOURSE WHISPERER: Greenearth Energy has concluded negotiations with the Victorian State Government to execute a $25 million funding agreement for its Geelong Geothermal Power Project (GGPP). The $25 million Victorian Government grant funding was awarded to the company in December 2009 under the government’s Energy Technology Innovation Strategy (ETIS). The funding was awarded to […]

Shorten tables Mining Tax Bill

The Melbourne Cup has been run and won, which can only mean one thing…its MRRT season! The first legislation of the Minerals Resources Rent Tax was tabled in Parliament by Bill Shorten. Treasurer Wayne Swan was acting as Prime Minister while Julia Gillard circumnavigates the globe, presumably not by flying with Qantas, for a series […]

Corazon identifies high-grade nickel-copper

THE DRILL SERGEANT: ASX-listed Canada-focused exploration company Corazon has intersected approximately 50 metres of sulphide mineralisation from 771 metres down-hole, including three zones of high-grade semi-massive to massive nickel-copper sulphide breccia, at its Lynn Lake nickel sulphide project. The result comes from an ongoing exploration hole, which is currently being drilled at Lynn Lake. “The […]

Segue introduces encouraging drill results

THE DRILL SERGEANT: Segue Resources has completed the first 28 reverse circulation (RC) drill holes on its Emang manganese project in the Postmasburg Manganese Field (PMF) located in the Northern Cape Province of South Africa. The 28 holes represent just over 40 per cent of the holes the company has planned for its initial drilling […]

Sumatra makes new gold discovery

THE DRILL SERGEANT: Sumatra Copper & Gold has made a new gold discovery at the Lusang North prospect within the Tandai District, located in southwest Sumatra. The Tandai Joint Venture is currently managed by Sumatra with Newcrest Mining, which has the right to earn a 70 per cent stake in the project by spending US$12 […]

Canyon acquires new Burkina Faso project

THE BOURSE WHISPERER: Canyon Resources has entered into an agreement with a Burkina Faso vendor to purchase the Pinarello project, which comprises six granted exploration permits located in the southwest of the African nation.   The company said the new acquisition is consistent with its strategy to selectively grow its exploration portfolio in Burkina Faso […]