ALL THE NEWS
PLD intersects nickel at Rocky Gully
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: PLD Corporation Limited (ASX: PLD) has received assay results from an initial near surface RC drilling program at the Octagonal nickel prospect, located within the company’s Rocky Gully project in the Albany Fraser Belt of Western Australia. The Octagonal nickel prospect was formerly known as M19 and M20 targets, where PLD has […]
Toro Energy scores finance and asset acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Toro Energy (ASX: TOE) has struck binding financing and asset acquisition agreements with Canada-based global resources investor, The Sentient Group. Toro said the transactions deliver a committed $10 million cash injection and increase its asset base with an entry to the Canadian uranium sector through the acquisition of an interest in Strateco […]
Sumatra Copper & Gold completes Tembang hedging
/in The Bourse Whisperer /by Wally GrahamSumatra Copper & Gold completes Tembang hedging THE BOURSE WHISPERER: Sumatra Copper & Gold (ASX: SUM) has finalised a hedging program for the Tembang gold project in Indonesia. In October 2014 Sumatra Copper & Gold announced its wholly-owned subsidiary, PT Dwinad Nusa Sejahtera, had signed a senior secured debt facility of up to US$45 million […]
IMX receives Nachingwea JV data
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has received all exploration data and interpretations from MMG Exploration Holdings in regards to the Nachingwea property in south-east Tanzania. The handover follows MMG’s decision in August to cease sole funding the Nachingwea Joint Venture after meeting its Stage 1 expenditure commitment of US$10 million, allowing it to […]
Bear head LNG plans initial phase of 8mtpa
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Bear Head LNG Corporation, a wholly-owned subsidiary of Liquefied Natural Gas Limited (ASX: LNG), has filed for modifications to existing construction and environmental permits granted by the Nova Scotia Utility and Review Board and Nova Scotia Environment. “This is a major step in adapting Bear Head LNG’s 12 existing construction and environmental […]
Admedus gains Singapore approval for CardioCel
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Admedus Limited (ASX: AHZ) has received approval from the Singapore Health Sciences Authority to enable four surgeons to use the company’s CardioCel® product under an early access program. Admedus explained CardioCel is a regenerative tissue bio-implant used in repairing heart defects, including the repair of heart valves CardioCel has already received FDA […]
Austin Exploration turns cash flow positive
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Austin Exploration (ASX: AKK) has announced the company is now cash flow positive on a monthly basis. This company said the achievement marks the success of Austin’s development strategy of simultaneously advancing multiple projects. Oil production and monthly cash flow has increased as the Red Bud well in Texas was put into […]
Elvis has left the building Issue
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Board and Management Change Hazelwood Resources (ASX: HAZ) has appointed Mark Warren to the position of executive chairman. The Board of Hazelwood will now comprise: Mark Warren – executive chairman; Frank Ashe – independent non-executive director; Pat Burke […]
Fund Raising across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Always good to see funds raised and then put to good use out in the field. Finance to Fund Mankarga 5 Feasibility Study West African Resources (ASX: WAF) has signed a Committed Term Sheet with the Metals & Energy Capital Division of Macquarie Bank Limited to provide a two-year US$5 million convertible […]
Australian Bauxite gets public nod for Bald Hill
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Bauxite (ASX: ABX) has concluded a 28 day public disclosure period for its Bald Hill Development Proposal and Environmental Management Plan (DPEMP) in Tasmania. During this period, members of the public were able to review the DPEMP and one formal response was received, which ABX was pleased to point out was […]