ALL THE NEWS

Neometals and Minerals Resources score Chinese lithium offtake deal

THE BOURSE WHISPERER: Neometals (ASX: NMT) announced the signing of a Memorandum of Understanding (MoU) between the company’s sub-subsidiary and a Chinese lithium producer. This gets confusing, but stick around. Neometals and Mineral Resources (ASX: MIN) (via its wholly-owned subsidiary Process Minerals International (PMI)) jointly announced their jointly-owned subsidiary, Reed Industrial Minerals (RIM) entered into […]

Malachite Resources to develop Lorena Gold Mine

THE BOURSE WHISPERER: Malachite Resources (ASX: MAR) has executed a Letter of Offer with MKS Switzerland (MKS), which the company said will allow it to proceed with the development of the Lorena gold project, located east of Cloncurry in northwest Queensland. In developing the Lorena project, Malachite indicated it will use plant and equipment partially […]

The Dawning of the Age of Uranium

THE CONFERENCE CALLER: Opening the Australian Uranium Conference in Perth this week, Western Australia Minister for Mines and Petroleum, Bill Marmion was fairly optimistic for the state’s uranium sector. “It might have been a long time coming but the age of uranium is ready to dawn in Western Australia,” Marmion told the Day One audience. […]

May You Not Live In Interesting Times

ROADHOUSE REGULAR: Back to the future or forward to the past – what does the future bring, and how to approach it? As you may well know, there is an old curse, purported to be Chinese, but with no definite Chinese source, ‘May you live in interesting times’. And what interesting times the past year […]

Sandfire close to solar power station construction

THE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) is set to commence construction of a 10.6 megawatt (MW) solar power station at its DeGrussa copper mine in Western Australia. Sandfire has signed final agreements for the $40 million project to proceed. The company anticipates the DeGrussa Solar Photovoltaic (PV) System will set new benchmarks for the […]

Australian Bauxite strikes offtake deal for Bald Hill bauxite

THE BOURSE WHISPERER: Australian Bauxite (ASX: ABX) has been offered a Long Term Offtake Agreement for bauxite from the company’s first bauxite operation planned at Bald Hill, near Campbell Town, Northern Tasmania. “Our objective has always been to find a compatible, supportive off-take partner so as to maximise the blending opportunities for our bauxite and […]

Energia hits zinc mineralisation in first Gorno hole

THE DRILL SERGEANT: Energia Minerals (ASX: EMX) has completed its first exploration diamond drill hole, GDD004, at the company’s 100 per cent-owned Gorno zinc project in northern Italy. Energia said the drillhole had intersected 8.25 metres of zinc sulphide mineralisation from 9.2m to 17.45m, including a total of 2.35m of semi-massive to massive zinc sulphides […]

Sheffield Resources prepares to launch Thunderbird DFS

THE INSIDE STORY: A recent Pre-Feasibility Study on its Thunderbird mineral sands project, pretty much told Sheffield Resources (ASX: SFX) what it has long suspected. The PFS confirmed Thunderbird to be a world class project with an anticipated mine-life of 32 years producing high-quality zircon and ilmenite products, boasting robust mine-to-port-to-market logistics. It was based […]

Duketon Mining inks gold JV with Regis Resources

THE BOURSE WHISPERER: Duketon Mining (ASX: DKM) and Regis Resources (ASX: RRL) have struck up a gold only exploration Joint Venture over four of Duketon’s exploration licences in Western Australia. The licences are contiguous with some of Regis’ tenure in proximity to its Moolart Well project. The joint venture tenure covers approximately 373 square kilometres […]

Vimy confirms ore beneficiation at Mulga Rock uranium project

THE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has completed commercial scale pilot test work it claims to have confirmed ore beneficiation results for its Mulga Rock uranium project. According to Vimy, scaled up commercial pilot test work has confirmed uranium mineralisation can be easily beneficiated to produce a highly-concentrated plant feed. The company claimed the […]