THE BOURSE WHISPERER: Diversified resources play Venus Metals Corporation has purchased a containerised, modular diamond processing plant for its Argyle Smoke Creek alluvial diamond project. Smoke Creek is located downstream of the nearby Argyle Diamond Mine in the Kimberley region of Western Australia. The project contains a JORC compliant Inferred Resource estimated at 17.9 million […]
THE BOURSE WHISPERER: Copper – gold exploration play Golden Rim Resources has received positive preliminary soil sample assays from its Galgouli South project area in Burkina Faso, West Africa. Galgouli South is located in southern Burkina Faso covering an area of 251 square kilometres located approximately 40 kilometres northwest of Ampella Mining’s Konkera deposit. Results […]
THE BOURSE WHISPERER: Platinum Group Metals hopeful Realm Resources has strengthened its existing portfolio of platinum group metals projects in South Africa. Realm has signed a farm-in agreement) with Nkwe Platinum (Rooderand) (Pty) Ltd; a company in which ASX-listed Nkwe Platinum Limited holds a 70% interest. Under the terms of the farm-in agreement, Realm can […]
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: Continental Coal appoints non-executive director. […]
ASX 200 member CuDeco has entered into a conditional Memorandum of Understanding (MOU) for the lease up to 900 hectares of land located outside the south-east boundary of the township of Cloncurry in Queensland. The land has been earmarked for the construction of a multi-user, multi-purpose rail load-out facility. The area of land under question […]
THE BOURSE WHISPERER: Emerging Perth-based green energy utility, Enerji Limited has completed the book build for a share placement with commitments of approximately A$1,000,000, before costs, to sophisticated and private investors. The purpose of the placement is to further fund the installation process of Australia’s first Opcon Powerbox at Horizon Power’s Carnarvon Power Station. Designed […]
Australian uranium exploration play Aura Energy has received promising results from an initial drilling program on its Kallsedet uranium project in Sweden. The four-hole diamond drilling program, for a total of 419 metres, revealed thick, mineralised intersections varying from 12m to 98m in cumulative thickness. According to Aura the results confirm a widespread occurrence of […]
THE BOURSE WHISPERER: Diversified ASX-listed explorer Iron Ore Holdings is conducting a review of its portfolio of high-quality iron ore tenements and projects located in the Pilbara region of Western Australia. The review is part of a previously announced commercialisation process, which has resulted in a formal review process of the company’s Central satellite projects […]
THE BOURSE WHISPERER: If there is to be at least one certainty to emerge out of the current burgeoning mining industry boom in Australia it is that we will run out of skilled workers. It happened last time and mining companies spent a lot of time complaining about the shortage. Mining companies also spent a […]
Sometimes investing in the ASX is a bit like following a footy team. If it’s going well, then it’s all encompassing. But if the market turns ugly, as it is now, your support wanes somewhat. The main difference is that with a footy team, you only have the weekend consuming you. But with speculative mining […]
