THE BOURSE WHISPERER: Iron ore hopeful Apollo Minerals became very excited after the recently released Commonwealth Government final report of its enquiry into mining and military activities in the Woomera Prohibited Area (WPA) in South Australia revealed it is expected to be open to exploration and mining. The news came in a joint announcement from […]
THE DRILL SERGEANT: Aviva Corporation has been busy in West Kenya drilling at the Bushiangala and Kimingini prospects where it has hit gold mineralisation with four exploratory diamond drill holes. The two prospects are both situated adjacent to the western end of the Kakamega gold camp, a 25 kilometre by 15 kilometre area located within […]
THE BOURSE WHISPERER: Perth forestry group, RuralAus Investments is about to kick off a full feasibility study for a biomass power plant, fired from plantation timber residue on Kangaroo Island. RuralAus will spend $374,000 to conduct a full feasibility study into a 10 megawatt renewable power station on Kangaroo Island, which it says will potentially […]
THE DRILL SERGEANT: Perth-based gold play West African Resources has received some encouraging high grade results from first pass RAB drilling at its Moktedu prospect. The Moktedu prospect is part of the company’s 100%-owned Boulsa gold project located in Burkina Faso, West Africa. The results were struck 800m northeast along strike from high grade results […]
When BC Iron’s Nullagine joint venture in Western Australia’s Pilbara was officially opened during mid April, it literally hit the ground running. Along with JV partner Fortescue Metals Group, the company had already seen 20,000 tonnes of its ore exported through Port Hedland and another 20,000t moved. It also looked on course to achieve its […]
THE BOURSE WHISPERER: Perth-based iron ore producer BC Iron’s has released a summary by of the report by independent expert, KPMG Corporate Finance explaining why it was of the opinion the now terminated Scheme of Arrangement with Regent Pacific Group was not fair and not reasonable, and therefore not in the best interests of BC […]
THE DRILL SERGEANT: Spitfire Resources has reported a third manganese discovery to join the Tally-Ho and Contact discoveries at its South Woodie Woodie project in the East Pilbara region of Western Australia. The new area is imaginatively known as Contact North, as it lies just 700 metres north of the recently discovered Contact deposit. The […]
THE BOURSE WHISPERER: SRK has completed a Mine Concept Study, on time and within budget, for Iron Ore Holdings on the Bungaroo South project. The Bungaroo South channel iron deposit currently contains a 241 million tonnes JORC Resource of average 57.2% iron grade and is one of IOH’s largest identified deposits. Bungaroo South lies within […]
As expected, gold didn’t require much effort in smashing through the US$1,500/oz psychological barrier on the back of a host of economic factors in Europe and the US and other politico-economic uncertainties in Africa and the Middle East. And don’t expect gold to stop: there’s only one direction for the price (amidst profit-taking) and that’s […]
THE DRILL SERGEANT: Iron ore exploration play Winmar Resources has announced some recently received results from its 12,000 metre RC drilling extension and infill program at the Winmar Deposit, at the company’s Hamersley Iron project in the Pilbara region of Western Australia. The results further enhance the company’s Winmar plans to confirm a JORC Resource upgrade […]
