ALL THE NEWS
Exploration Development Incentive Scheme passes Senate
/in Uncategorized /by Wally GrahamIN THE LOBBY: This week the Australian Government has secured passage through the Senate of the Exploration Development Incentive (EDI) scheme, which supports junior and mid-sized mining companies by encouraging greenfields mineral exploration. The EDI is available to Australian-resident investors in junior mineral exploration companies. The scheme entitles these investors to the EDI tax offset […]
Human Capital essential element for Oil and Gas Companies
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: The AOG Exhibition and Conference set to kick off in Perth next week and one session in particular should be mandatory attendance for Oil and Gas companies who care about the welfare of their personnel. According Gregory Bayne, a Phycologist at Total Leader & Coach Solutions Australia, any oil and gas company which […]
Elementos defines high-grade Resources for Cleveland open pit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Elementos Limited (ASX: ELT) released results of a review of the Mineral Resource for the company’s Cleveland copper and tungsten project in Tasmania. The JORC Code (2012)-compliant Resource review was independently prepared by Mining One Consultants and was undertaken to assess the potential of developing part of the Cleveland Mineral Resource as […]
Azure identifies new copper zones at Alacran
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has claimed to have located extensive zones of visible copper mineralisation and historical mine workings at the La Morita prospect, located at the company’s Alacrán copper project in Mexico. Apart from the La Morita mine workings, Azure said it has also recovered historical information from the archives of […]
Latin Resources retrieves control at Ilo Norte
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Latin Resources (ASX: LRS) has reclaimed operational control of the company’s 100 per cent-owned Ilo Norte project in Peru. Control of the project has been returned to Latin following the termination of an earn-in option agreement by Minera Zahena. Minera Zahena has now entered into a new earn-in option agreement over Latin’s […]
Sirius signs nickel offtake deal with BHP
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sirius Resources (ASX: SIR) has inked an agreement with BHP Billiton (ASX: BHP) Nickel West. The deal will result in Sirius supplying approximately half of the planned nickel sulphide concentrate production from the company’s Nova nickel mine for a period of three years from commencement of production. Production of concentrate is expected […]
Sheffield Resources named Derby wharf preferred proponent
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has been granted preferred proponent status for a bulk commodity handling area at the Derby wharf. The grant follows a recent expression of interest process carried out by the Shire of Derby/West Kimberley Council. As a result, Sheffield will have an exclusive six month period, to negotiate lease […]
Citigold signs $72M funding deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Citigold Corporation (ASX: CTO) has reached an agreement with Kingsford Investment Groups (KIG) for the investment of $72 million into a joint venture (JV) to develop the company’s Charters Towers gold field in Queensland. Citigold will manage the project on behalf of the JV. In its announcement to the ASX, Citigold said […]
Red Emperor signs Philippino Farm-in with Otto Energy
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Red Emperor Resources (ASX: RMP) has signed a Farm-in Agreement with Otto Energy Philippines, a wholly-owned subsidiary of Otto Energy (ASX: OEL) to farm in to the offshore Philippines Block, SC5. Under the terms of the deal Red Emperor will earn a 15 per cent working interest in offshore Philippines Block, SC55, […]
Phytotech Medical signs Medical Cannabis Heads of Agreement
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Australian Medical Grade Cannabis (MGC) company, Phytotech Medical Limited (ASX: PYL) has entered into a Heads of Agreement with Israel-based Canigma A.L. Ltd to develop a revolutionary capsule based vaporiser to administer medical cannabis. Canigma holds a number of intellectual property interests pertaining to a vaporiser delivery devices for medical cannabis. Under […]