Entries by Wally Graham

Minemakers progresses Wonarah toward JV

THE BOURSE WHISPERER: Australian phosphate play Minemakers has engaged international phosphate and fertiliser consultancy KEMworks to lead an Enabling Study on the full scale development of its Wonarah project. The Wonarah project has JORC & NI43-101 Compliant Inferred Resources of 1,258 million tonnes at 12% phosphorous oxide. Senior managers from KEMworks have recently been on […]

Petrol pricing; the debate we really don’t need

According to reports being generated around the country a $25 per tonne price on carbon will result in a six cents per litre jump in the price of petrol. If this forecast is correct perhaps the folk who make these predictions could also tell us which weeks of the year, or which days of the […]

IMX achieves 500kt milestone

THE BOURSE WHISPERER: Australian junior iron ore play IMX Resources has reached a shipping milestone at its Cairn Hill mine located south east of Coober Pedy in South Australia. The loading of the Star of Abu Dhabi in Port Adelaide brought the total ore shipped to date by IMX Resources to 500,000 tonnes of ore […]

Matsa entertains prospective Chinese investment

THE BOURSE WHISPERER: Western Australia-based Matsa Resources is getting ready to entertain a couple of possible Chinese suitors at its 1.47 million ounce Norseman gold project located in the Eastern Goldfields region. Matsa has signed a non-binding terms sheet with Shandong Gold Mineral Resources Group Co. Ltd and has also received a separate letter of […]

Predictive drilling pays off

THE DRILL SERGEARNT: Burkina Faso-focused gold play Predictive Discovery recently completed a program of reconnaissance RC drilling at the Dave East prospect. The company has now completed approximately 5,300 metres of reverse circulation drilling on the Dave and Dave East prospects. The drilling identified a wide undrilled gold system approximately 1.5 kilometres along strike from […]

Midas increases maiden gold resource

THE DRILL SERGEANT: Perth-based gold exploration company Midas Resources has completed a maiden Mineral Resource estimate for the Prospero gold deposit at Sunset Well. The Prospero deposit is located ten kilometres north east of Leonora in the northern Goldfields region of Western Australia. The new Inferred Mineral Resource estimate for the Prospero deposit stands at […]

Elvis has left the building July 1

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: Callabonna Uranium MD steps […]

Silver Mines drilling to upgrade estimate

THE DRILL SERGEANT: New South Wales-focused silver exploration play Silver Mines has received the first results from a recently commenced RC drilling program at its 100% owned Webbs silver project. The Webbs silver project is located in the New England region of northern NSW. Last October Silver Mines released a global inferred resource estimate for […]

Arafura secures site for rare earths complex

THE BOURSE WHISPERER: Australian rare earths company Arafura Resources has completed a deal with OneSteel Manufacturing, a subsidiary of OneSteel Limited, to purchase approximately 800 hectares of land at Whyalla in South Australia. The land, which is located within the current OneSteel Whyalla landholding, is to be the site of Arafura’s proposed rare earths processing […]

PMI Gold confirms exploration targets

THE DRILL SERGEANT: Perth-based gold explorer PMI Gold Corporation is gathering speed at its Kubi Gold project in Ghana. The Kubi project is located 50 kilometres east of PMI Gold’s Obotan gold project, which in turn is 15km immediately south along strike from the Obuasi gold mining complex owned by AngloGold Ashanti. In the other […]