Entries by Wally Graham

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 […]

Lord Monckton turns up the heat at AMEC

Climate change inquisitor Lord Monckton doesn’t proclaim to be a scientist. All he claims to be is somebody asking questions. Presenting his views at the AMEC conference in Perth Christopher Monckton, Third Viscount Monckton of Brenchley revealed himself to be not only entertaining but also extremely well researched on what has become his pet topic. […]

Greenearth signs on for CO2 conversion technology

THE BOURSE WHISPERER: Australian geothermal company Greenearth Energy has closed negotiations on an exclusive, worldwide Research and Licence Agreement for a revolutionary technology with the ability to convert CO2 emissions into fuel. The deal has been struck with Yeda Research and Development, the commercial arm of Israel’s Weizmann Institute of Science. Greenearth will assign the […]