ALL THE NEWS
Doray Minerals finalises Deflector funding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Doray Minerals (ASX: DRM) announced it has secured debt and equity funding for construction and development of the company’s 100 per cent-owned Deflector gold project, located in the southern Murchison Region of Western Australia. The financing comprises new corporate finance facilities with Westpac Banking Corporation, a recently completed equity placement of $13.8 […]
Australian Bauxite establishes Indian business alliance
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Bauxite (ASX: ABX) has struck up a business alliance with Rawmin Mining and Industries of Mumbai, India. Australian Bauxite is currently targeting the shipment of 300,000 million tonnes of bauxite through to April 2016 for supply to Rawmin. Rawmin Mining And Industries is an Indian-based, family-owned, professionally managed private company in […]
Blackham Resources announces further high-grade hits at Galaxy
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from recent resource definition and PFS drilling activities at the Galaxy gold deposit, which is part of a system of high-grade quartz reef gold deposits extending northwest from the company’s Wiluna mining centre in Western Australia. The company encountered gigh-grade free milling intercepts including: GLDD0003 […]
Impact Minerals announces $1.9M rights issue
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Impact Minerals (ASX: IPT) has announced a raising of $1.9 million by way of a rights issue, which is being underwritten to the tune of $1.3 million by Patersons Securities Limited. The company signalled the funds will enable it to continue exploration over all three of its Australian projects, which include the […]
Saracen acquires Kailis and King of the Hill projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Saracen Mineral Holdings (ASX: SAR) has entered into an agreement to acquire the King of the Hills and Kailis gold projects in Western Australia from St Barbara Limited (ASX: SBM). The cost for Saracen for 100 per cent of the two projects is $3 million cash in two tranches. The first tranche […]
Evolution mining makes its move to take Phoenix
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Evolution Mining (ASX: EVN) has made its position clear in regards to the proposed take-over of Phoenix Gold (ASX: PXG) by Zijin Mining Group Co., Ltd. The Jake Klein-led gold producer has shown its hand by announcing it intends to pick up all of the ordinary shares of Phoenix Gold it doesn’t […]
Canyon Resources encouraged by first round of Mandoum drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Canyon Resources (ASX: CAY) has drilled 75 holes to complete the first phase of a drilling program at the Mandoum permit on the company’s Birsok bauxite project in Cameroon. Assays for the first 10 holes have been returned, with half of them producing results the company described as being significant and highly […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Companies getting busy on the drill bit this week include Marindi Metals, Tyranna Resources, Silver City Minerals, and Helix Resources. Joshua Drilling to Commence Helix Resources (ASX: HLX) announced planning has been finalised for a diamond drilling program at the company’s Joshua copper-gold porphyry project in Region IV – Chile. The drill […]
What The Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our experts take a close look at TNG Limited and Pilbara Minerals. www.breakawayresearch.com TNG Limited (ASX: TNG) TNG is concentrating activities on financing and permitting for its flagship Mount Peake vanadium-titanium-iron (V-Ti-Fe) project, located north of Alice Springs in the Northern Territory. The project has the potential to be […]
Emmerson records high-grade copper in diamond drill pre-collar
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Emmerson Resources (ASX: ERM) included its joint venture partner, Evolution Mining (ASX: EVN) in announcing the receipt of assay results from the pre-collar of a deep diamond drill hole (GODD032) recently completed on the Goanna prospect at the JV’s Tennant Creek project in the Northern Territory. The drilling was co-funded as part […]