THE BOURSE WHISPERER: Barra Resources has formalised a tribute mining agreement with FMR Investments that it says will enable it to resume gold production at its Burbanks gold project in Coolgardie, Western Australia. Barra said the new alliance gives the company a revenue stream in times of record gold prices at the lowest possible risk […]
THE BOURSE WHISPERER: Sydney-based Ark Mines is about to gain control of a highly prospective and advanced exploration project known as the Masuparia Contract of Work (COW) located in Central Kalimantan, Indonesia. Control of the COW comes to Ark through the acquisition of 100 per cent Sphere Complex Limited, a company which is the indirect […]
THE BOURSE WHISPERER: Australia’s corporate regulator, the Australian Securities and Investment Commission has commenced an insider-trading probe into a number of executives at private Chinese firm Hanlong Mining. The announcement of the investigation saw the shares of two mining companies; Sundance Resources and Bannerman Resources receive a belting on the Australian bourse as both are […]
Cameco’s US$530m bid for smaller uranium rival underlines long-term value in uranium. I’m still very much supportive of uranium as a long-term investment play. The reason is quite simple. The world doesn’t have many options when it comes to generating reliable base-load power. Furthermore if you want to minimize environmental impacts, that really just leaves […]
Two essential assets for working in West Africa are a landholding with potential to produce gold and years of experience working there; Eagle Eye Metals has both. Earlier this year Eagle Eye Metals acquired private, West African company Birimian Gold. By doing so it landed two advanced gold projects located in the Birimian Greenstone Belt […]
THE BOURSE WHISPERER: Perth-based gold producer Navigator Resources has achieved a significant increase in the reportable Ore Reserve for the Cockburn gold deposit at the company’s the Bronzewing gold project. The Open Pit Ore Reserve for the Cockburn gold deposit, which is part of Bronzewing, has been re-estimated following a recent upgrade in the Cockburn […]
THE DRILL SERGEANT: Perth-based Empire Resources has struck a seven metre wide copper intersection its A Zone prospect, located within the company’s wholly owned Yuinmery copper-gold project, in Western Australia. The copper mineralisation was identified in a recently completed Reverse Circulation drill hole that was part of an ongoing drilling program being carried at the […]
THE BOURSE WHISPERER: Alcyone Resources remains on track to ramp-up silver production at its wholly-owned Texas silver & polymetallic project in south-east Queensland. The company said it had made excellent progress in the first four weeks of wet commissioning of the upgraded Twin Hills processing facility. Wet commissioning of the upgraded crushing circuit and heap […]
THE DRILL SERGEANT: Marmota Energy has received assay results from a follow up drill program at its Melton copper-gold project on South Australia’s Yorke Peninsula. Marmota and its joint venture partner Monax Mining completed Phase 2 reconnaissance drill testing of the Miranda target at Melton. The program of four diamond drill holes was designed to […]
JETT RINK: Golden Gate Petroleum has been busy lately on its Permian Basin project in West Texas with the commencement of a two well drilling program scheduled to start late September. Since purchasing four leaseholds totalling 8,806 gross acres in Reagan and Irion County, Texas; Golden Gate, through its wholly owned US subsidiary, Cathie Energy […]
