ALL THE NEWS
Fund Raising picture emerging at Diggers & Dealers
/in Uncategorized /by Wally GrahamFund Raising picture emerging at Diggers & Dealers THE CONFERENCE CALLER: The altruistic side of the industry is on display at the Diggers & Dealers Conference in Kalgoorlie this week at the booth of local gold miner Saracen Mineral Holdings (ASX: SAR). The company has commissioned Dunsborough-based artist Ian Mutch to paint a mining-inspired mural […]
New Diggers and Dealers chairman opens his first show
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Everything was as it should be: the auditorium was full, and expectation for the next three days high. The only point of difference was that for the first time in seven years the Diggers & Dealers Forum would not be opened by big, bad Barry Aldridge. Instead we were greeted by a […]
Metals X to acquire RNI gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metals X (ASX: MLX) has signed a binding Heads of Agreement (HoA) with RNI NL (ASX: RNI). The deal will result in Metals X acquiring the Grosvenor gold project, the Horseshoe project and part of the Peak Hill project – all located in the Bryah Basin of Western Australia from RNI. Metals […]
Sheffield updates Thunderbird Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has announced an updated mineral resource for the company’s Thunderbird heavy mineral sands (HMS) project, located near Derby in northwest Western Australia. The updated figure stands at 3.24 billion tonnes at 6.9 per cent heavy minerals (HM). This includes a coherent high-grade zone of 1.09 billion tonnes at […]
Dacian claims new Westralia gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dacian Gold (ASX: DCN) has claimed discovery of a mineralised footwall Banded Iron Formation (BIF) unit at the Westralia prospect within the company’s 100 per cent-owned Mt Morgans gold project, located west of Laverton in Western Australia. The new mineralised footwall BIF unit is situated 500 metres north of, and along strike […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Carnavale Resources (ASX: ADV) and Doray Minerals (ASX: DRM). Website: www.breakawayresearch.com Carnavale Resources Limited (ASX: CAV) Carnavale Resources Limited (ASX: CAV) is an Australian based junior explorer concentrating activities on the Red Hills Project in eastern Nevada. Red Hills saw small […]
Market caps or promotional caps, which matter most?
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: The AFL Grand Final may have been deferred from its usual end of September time slot this year, but nothing halts the annual first week of August mining industry pilgrimage to Kalgoorlie for Diggers & Dealers. As always it’s shaping up to be an interesting week with the Chinese stock exchange doing its […]
Corazon Mining re-negotiates Lynne Lake acquisition terms
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Corazon Mining (ASX: CZN) has negotiated new, more favourable terms for the company’s acquisition of the Lynn Lake nickel-copper project, located in the central Canadian province of Manitoba. Corazon currently controls the entire historical Lynn Lake nickel sulphide mining area, which includes ground it owns 100 per cent following the acquisition of […]
IronClad raises $600k and changes company name to Tyranna Resources
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IronClad Mining (ASX: IFE) has completed a capital raising of $300,000 by placement of 15 million shares at 2 cents per share to sophisticated investors. The company also announced the offering of a Share Purchase Plan (SPP) to all eligible shareholders, also at a price of 2 cents per share. The company […]
Peel Mining drilling to follow-up recent Mallee Bull numbers
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Peel Mining (ASX: PEX) has a program of follow-up RC drilling underway at the company’s 50 per cent-owned Mallee Bull project, located near Cobar in Western New South Wales. The company said the exploration program has been designed to test for extensions to the high-grade near-surface zinc-lead-silver-gold mineralisation it intercepted at the […]