THE DRILL SERGEANT: South Australia-focused iron ore company Royal Resources has posted a 94 per cent increase in the Phase II JORC compliant Inferred Resource at the Razorback Ridge area. The Resource now stands at 537.2 million tonnes at 25.5% iron. “Almost doubling the resource announced last year is an outstanding achievement and clearly demonstrates […]
As the country settles down with a cup of tea and an Iced VoVo to peruse through the Federal Labor Government’s new Carbon Tax it is interesting to take a look at some of the market reactions so far. The Association of Mining and Exploration Companies came to the crease in an aggressive frame of […]
Investors can be forgiven each morning for scratching their heads when they pick up their daily newspaper, fire up their PC, or switch on their iPad. The business headlines are either screaming doom and gloom, or conversely suggesting that the worst is over and that recovery is on the way. Certainly, there is little in […]
I’m thinking of going on a holiday to Greece, but I reckon it might have a bit of sovereign risk at the moment. The sovereign risk is entirely physically related, as the joint is basically bankrupt and the locals aren’t really happy with an American born Greek Prime Minister. It’s getting a bit xenophobic over […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Appointment of Chief Operating […]
THE DRILL SERGEANT: YTC Resources has scored its strongest copper results so far from an ongoing drilling program being carried out on its Nymagee copper project (YTC-90%) in the Cobar Basin, New South Wales. The company has undertaken drilling at the southern end of the Nymagee mineralisation to test shallow copper sulphide mineralisation associated […]
THE BOURSE WHISPERER: Emerging Australian metallurgical and thermal coal producer Cockatoo Coal has reached an agreement with Mitsui Coal Holdings for the sale of a 49% in the Woori coal project. The Agreement involves the two companies and subsidiaries and will see Mitsui subsidiary MCH Surat Basin Investment acquire a 49% participating interest in the Woori […]
THE DRILL SERGEANT: ASX and NSX-listed uranium explorer Deep Yellow has completed a successful exploration program on its Queensland tenements that has outlined a new, increased Indicated and Inferred JORC Code Mineral Resource estimate. The new estimate for the region has come in at 4.7 million tonnes at 460 parts per million for 4.8 million […]
The rise of China as an economic powerhouse has been a fairly substantial contributing factor to Australia’s recent economic prosperity. This was made very clear in a speech given by Ouyang Cheng, who is currently Second Secretary for economic and commercial affairs of the Chinese Embassy in Australia. Speaking at the Australian Resources China Investment […]
THE BOURSE WHISPERER: Australian potash and phosphate-focused exploration and development company Aguia Resources has signed an Option Agreement to acquire, what it describes as, two potentially large-scale phosphate projects located in the state of Rio Grande do Sul in southeast Brazil. Aguia has an exclusive option to acquire 100% of the Tres Estradas and Joca […]
