THE DRILL SERGEANT: Bulk minerals explorer Sheffield Resources has returned encouraging drilling results from its Yandanooka heavy mineral sand project located 50 kilometres northeast of Eneabba in Western Australia’s mid-west region. The current drilling program is Sheffield’s first at Yandanooka, and its first since listing in December last year. These latest results have improved on results […]
THE BOURSE WHISPERER: Ram Resources has signed a non-binding Memorandum of Understanding with the minority shareholders of Greenland Resources for the remaining interest in Motzfeldt project in Southern Greenland. Greenland Resources is a United Kingdom based company, which holds the Motzfeldt project, of which Ram already holds 51%. The MoU will vary the terms on which […]
As the iron ore minnows of the Pilbara in Western Australia continue their battles to gain access to vital port infrastructure the proposed development of a significant South Australian infrastructure project has moved closer to being. The project in the spotlight is the proposed new multi-million dollar bulk commodities export facility to be located at […]
Exco Resources managing director Michael Anderson is a man who is very rarely lost for words. Now the sale of one of the company’s major assets has given him plenty more to say. Exco recently announced it had entered into an agreement to sell the Cloncurry copper project to Xstrata Copper for the tidy sum […]
Stephen Bartrop managing director of Sydney investment house Lime Street Capital kicked off the final day’s proceedings with a quick snapshot of the world economies. Opening his address Bartop gave a quick synopsis of what is happening around the globe. “China, we know it’s slowing – by how much and the real estate bubble risks […]
Cazaly Resources has been told by the Fremantle Port Authority that it has not been allocated any export capacity at the Kwinana Bulk Terminal for its Parker Range Iron Ore Project. Fremantle Ports has determined that the available export capacity will instead be allocated to a competing iron ore developer in Griffin Coal. Fortunately Cazaly […]
Besieged iron ore hopeful Brockman Resources released a letter to its shareholders updating them on the recent takeover activity from hostile suitorWah Nam International Holdings. In the lengthy letter Brockman advised shareholders, “Wah Nam had publicly advised that it had received acceptances for its offer bringing its holding in Brockman to 45.39 % of the […]
THE BOURSE WHISPERER: Aquila Resources has announced positive results from the Pre-Feasibility Study of the development of the Hardey iron ore deposit being developed by its 50% owned Australian Premium Iron Joint Venture. Aquila identified the completion of the PFS for Hardey as the first stage in leveraging the investment in the West Pilbara Iron Ore […]
Ampella Mining has announced the hit of multiple wide high-grade zones of gold mineralisation during infill drilling at the Konkera 2.2 million ounce gold JORC Code Compliant Resource on its 100% owned Batie West Project in Burkina Faso, West Africa. Konkera has an Indicated Resource of 22.5 Mt at 1.6 grams per tonne gold for […]
Bulk minerals explorer Sheffield Resources has announced high grade iron results from rock chip sampling on its tenements located in the eastern Pilbara region of Western Australia. Initial helicopter-supported reconnaissance took 40 samples, which outlined new zones of iron enrichment on three of Sheffield’s four recently granted iron ore tenements in the region. The most […]
