THE BOURSE WHISPERER: Diversified Australian exploration company AusQuest Limited has agreed to form a joint venture with US‐based Cliffs Natural Resources Exploration (CNRE), a wholly‐owned subsidiary of Cliffs Natural Resources. The JV will be charged with the objective of identifying, exploring and evaluating potential Iron Oxide Copper Gold (IOCG) and other mineral deposits in south‐western […]
The skills shortage currently being suffered across the resources industry is one subject that is not going to fall off the radar in a hurry. The obvious way, of course, of filling the ever expanding competence void is to train people to become proficient in the skills each particular sector is demanding. So the next […]
THE DRILL SERGEANT: Discovery Metals has reported first results from an 11 hole deep drilling program of the Plutus deposit at the company’s 100% owned Boseto copper project in Botswana. The reported results stem from the first three holes of a deep drilling program that the company has designed in order to investigate the potential […]
THE BOURSE WHISPERER: The board of Perth-based South Africa-focused coal mining company Continental Coal has received a credit approved and committed financing offer. The offer will provide debt and related coal and foreign exchange risk management facilities that will be used for the development of the company’s Penumbra coal project. The new facility, in conjunction […]
THE BOURSE WHISPERER: ASX, TSX and NXS-listed Australian phosphate play Minemakers Limited has signed a non-binding Memorandum of Understanding with Bombay Stock Exchange-listed NMDC Limited to establish a pathway for the development of its 100% owned Wonarah phosphate deposit in the Northern Territory. Under the MOU relevant NMDC management staff will join the Minemakers team […]
THE DRILL SERGEANT: Rising mid-tier Australian gold producer Catalpa Resources has received some encouraging results from three drill holes carried out during its on-going diamond drilling program. The current “Deeps” program is testing the potential of the company’s multi-million ounce Edna May gold system at Westonia in Western Australia. The ‘Deeps’ drilling program has been […]
Copper is regarded as one of the bellwether commodities of international economic growth and rightly so, as it’s used extensively in everything from homes to cars to electronics. Despite comments over recent months that have predicted dire price falls based on weakening world demand, the fundamentals for copper have, in my view, been signalling something […]
THE BOURSE WHISPERER: The strategic partnerships of iron ore developer Centrex Metals with Top 10 China-based steel mills to explore for and develop iron projects on South Australia’s Eyre Peninsula continues to deliver good news with the announcement of a second major resource milestone in under a month. Centrex has announced that Eyre Iron, its […]
THE DRILL SERGEANT: ASX-listed Intrepid Mines and TSX-listed Cornerstone Capital Resources have announced the completion of the first six holes of an 11-hole (2,900 metres) drilling program. The Phase 1 diamond drilling program was carried out on the Gama prospect, located in the north western part of the Shyri property in southern Ecuador. Intrepid is […]
THE BOURSE WHISPERER: Recent dry magnetic separation beneficiation test work carried out by Brazilian-focused iron ore company Centaurus Metals has demonstrated the capability to produce a high-grade hematite product grading 65.8 per cent iron with low impurities at a strong mass recovery of 50% and metal recovery above 90%. The positive results stem from test […]
