ALL THE NEWS
Altech Chemicals signs alumina deal with Mitsubishi
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) announced the signing of a sales and distribution agreement with the Australian subsidiary of Mitsubishi Corporation, Mitsubishi Australia. The deal covers Alltech’s proposed high purity alumina (HPA) product. Under the agreement Mitsubishi emerges as the exclusive seller and distributor of Altech’s final HPA product to the Japanese market. […]
Gascoyne Resources encounters visible gold in Dalgaranga drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) reported diamond drilling at the company’s Dalgaranga gold project in Western Australia has intersected visible gold. According to Gascoyne the intersection occurred in a quartz carbonate vein within a broad zone of highly altered, sheared and silicified package of porphyry and sedimentary rocks, which is the host package […]
Pilbara Resources upgrades Pilgangoora lithium Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pilbara Minerals (ASX: PLS) announced a major Resource upgrade of the company’s 100 per cent-owned Pilgangoora lithium-tantalum project, located in the Pilbara region of Western Australia. The company said the upgrade has resulted in the value of the project’s lithium content increasing nearly threefold. The project now stands with an Indicated and […]
You’ve got a (new) friend
/in Uncategorized /by Wally GrahamIN THE LOBBY: When it comes to politics an industry’s best friend is whoever is in charge. The announcement of a new Federal Ministry after a leadership spill, or even after an innocuous reshuffle, always provides some entertainment. Malcolm Turnbull has never really been highly placed on the Christmas card list of resource industry lobby groups, […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Energia Minerals and Phoenix Copper. Website: www.beerandco.com.au Energia Minerals (ASX: EMX) Energia Minerals sold its Carley Bore uranium project to Paladin Resources (ASX: PDN) in June 2015 for 45 million PDN share plus $1.6 million cash. In June 2014, Energia announced […]
Farewell Sirius Resources, hello S2 Resources
/in Uncategorized /by Wally GrahamCOMMODITY CAPERS: Folklore and legend are two essential elements to any culture as they provide the positives of the past that those living in the present, and hopefully the future, can build their aspirations and dreams on. Slipping into the folkloric category is Western Australia-based Sirius Resources after its removal from the boards of the […]
Azure Minerals secures $1.5M funding for Mexico silver discovery
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Azure Minerals (ASX: AZS) announced it has been able to lock in funding of $1.5 million, which it intends to spend on fast-tracking the recently announced high-grade silver discovery at Mesa de Plata, on the company’s Alacrán project in Mexico. Existing Azure shareholder and prospecting Svengali, Mark Creasy has agreed, through his […]
Tyranna Resources encounters further high-grade gold at Jumbuck
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Tyranna Resources (ASX:TYX) has received a second batch of gold assay results from an ongoing reverse circulation drilling program being undertaken at the company’s Jumbuck gold project in the North Western Gawler Craton, South Australia. Tyranna said the consistency of the results to date indicate they could add and extend the known […]
Coventry Resources maintains copper strike rate at Caribou Dome
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Coventry Resources (ASX: CYY) provided an update on continued drilling the company’s Caribou Dome copper project in Alaska, USA. Coventry completed an initial 1,000m drilling program in July 2015, after which it mobilised a second rig to the project in August to accelerate a 4,000m exploration drilling program. So far eleven additional […]
Sheffield Resources confirms Night Train HM discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has claimed to have confirmed a new mineral sands discovery on the back of results from exploration aircore drilling carried out at the company’s 100 per cent-owned Dampier mineral sands project, located near Derby in northwest Western Australia. The results stem from four holes drilled at the Night […]