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. […]
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 […]
THE BOURSE WHISPERER: Australian exploration and mining company Exco Resources has successfully completed the sale of the Cloncurry copper project to Xstrata. The price tag of $175 million has now been banked boosting Exco’s cash balance in excess of $220 million, pre-tax, which equates to approximately 62 cents per share, fully diluted. As the company […]
THE DRILL SERGEANT: ASX-listed gold and molybdenum exploration play Catalyst Metals has intersected further high-grade gold mineralisation at its Four Eagles gold project in central Victoria. The results come from aircore and diamond drilling programs carried out by the company between March and May this year. The best intersection Catalyst received was 9.0 metres at […]
THE BOURSE WHISPERER: Central west Africa-focused iron ore exploration play Equatorial Resources has acquired 19.9% of the ordinary share capital of African Iron Limited. The acquisition came through the purchase of 95.4 million ordinary African Iron shares. Equatorial made the purchase of the 13.9 million shares on market for a total cash consideration of $3.4 […]
THE DRILL SERGEANT: Chile-focused ASX-listed junior Hot Chili has received some encouraging results from drilling at its flagship Productora project. The company has also continued a run of wide zone multi-commodity copper mineralisation intersections. Resource drilling at Productora has returned several higher-grade multi-commodity copper results from within the central area of the project. The company […]
THE BOURSE WHISPERER: Perth-based mineral exploration play Trafford Resources has sold off a chunk of its share portfolio in order to raise $4.1 million. Trafford has sold just under 2.5 million shares in Robust Resources with the proceeds earmarked to fund an aggressive exploration program. The program will focus on what the company considers to […]
THE DRILL SERGEANT: Recent infill drilling carried out by ASX-listed junior gold play Southern Cross Goldfields has delivered a series of high-grade intersections. The drilling was carried out on the Golden Orb deposit, part of the company’s 100% owned Marda gold project in Western Australia. The company said the latest results have strengthened the resource […]
THE BOURSE WHISPERER: Unhedged ASX-listed gold miner Resolute Mining has released its Group gold production and cash cost guidance for the coming 2011-12 year. Resolute has forecast its gold production in the coming year will increase to 410,000 ounces at a cash cost of $730 per ounce. The company wasn’t backward in coming forward by […]
Leader of the Federal opposition Tony Abbott opened the AMEC conference in Perth with a speech primed for word bingo players. Abbott was called to the lectern with the news that he had just hit the front as preferred Prime Minister over Julia Gillard in a recent poll. He opened his address to the representatives […]
