THE BOURSE WHISPERER: Perth-based lithium company Galaxy Resources has learnt that labour shortages are not confined within Australian borders. The company has had to revise commissioning schedule of its Jiangsu lithium carbonate project due to construction and fabrication labour shortages in China’s Jiangsu region. The project’s Engineering, Procurement, Construction Management (EPCM) contractor, Hatch Engineering has […]
THE DRILL SERGEANT: Southern Cross Goldfields told the Australian Securities Exchange that it has completed in-fill and extensional RC and diamond drilling undertaken at the Battler gold deposit in Western Australia. It also said that he drilling has reinforced the Battler deposit’s potential to become a high-grade feed source for the company’s proposed 400,000 tonnes […]
THE BOURSE WHISPERER: Having acquired a portfolio of prospective gold exploration properties in Mauritania over the past 18 months, Perth-based Drake Resources set out earlier this year to identify areas of high gold potential in other West African countries. Drake was attracted to West Africa by, what it described as, the region’s outstanding discovery success […]
Prime Minister Julia Gillard kept at least one promise when she announced the Federal Government’s Climate Change Plan, more popularly known as the Carbon Tax. According to the Prime Minister and her co-committee members from the Greens and Independents, the basic premise of the Climate Change Plan is to move Australia towards becoming a clean energy economy. The […]
THE DRILL SERGEANT: Australian-based uranium exploration company Aura Energy received a boost of confidence in its greenfields Reguibat project in Mauritania. Aura has announced the project’s first JORC-Code compliant Inferred Resource of 50.2 million pounds at 330 parts per million of uranium. The maiden resource for the Reguibat project was based on a cut-off grade […]
THE DRILL SERGEANT: Perth-based Australian gold producer Tanami Gold has continued its run of encouraging results from an ongoing diamond drilling program at its 100%-owned Central Tanami project in the Northern Territory. The latest round of drilling has continued to define gold mineralisation beneath and adjacent to the historic Groundrush open pit, which produced more […]
THE DRILL SERGEANT: Perth-based precious and base metals explorer Empire Resources has intersected high grade zinc mineralisation at its A Zone prospect. The A Zone prospect lies within the company’s wholly owned Yuinmery copper gold project, located 80 kilometres southwest of Sandstone in Western Australia. The zinc mineralisation was identified in a recently completed RC […]
THE DRILL SERGEANT: Iron ore exploration company Apollo Minerals has received results from metallurgical test work of an initial drilling program at Unit A on its Mt Oscar Main iron ore project. The company’s executive general manager Dominic Tisdell said the results from the initial drilling and metallurgical test work was highly encouraging. “These results […]
Trading in shares of resource companies listed on the boards of the Australian Securities Exchange has, in recent years, become part of the Australian psyche as a punt on the horses. There is little wonder this has occurred. Both provide the punter with the challenge of following the form of their respective favourites and dreams […]
THE BOURSE WHISPERER: West Africa-focused Tawana Resources has secured binding exclusivity and exclusive rights to due diligence on the Sinoe gold project in South-Eastern Liberia. Tawana considers to the Sinoe project to be a significant, highly prospective gold land package. Tawana Resources has paid an initial exclusivity option fee to Global Mineral Investment Incorporated, the […]
