ALL THE NEWS
Iron Ore Continues on its Downward Slide.
/in Uncategorized /by Wally GrahamGAVIN WENDT: Iron ore prices fell for a sixth straight month during May, which represents its longest losing streak on record, with hefty supplies pushing prices to their lowest level since September 2012. During the month of May the price of iron ore fell by 13 per cent alone and is down by 32 per […]
Kibaran extends Mahenge graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has completed a round of resource drilling at the company’s wholly-owned Mahenge graphite project in Tanzania. The drilling consisted of 37 holes for 2,215 metres at the Epanko deposit, all of which intersected graphite mineralisation in the Western Zone. Kibaran said the campaign has doubled the strike […]
MOD identifies high-grade copper and silver in Botswana
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MOD Resources (ASX: MOD) has carried out a review of previous drilling conducted at the company’s 100 per cent-owned Corner K deposit in Botswana, which it says has identified two long zones over 500 metres of high grade copper sulphide and silver mineralisation at shallow depth. The company explained the high grade […]
GBM kicks off Bronzewing Bore drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: GBM Resources (ASX: GBZ) has commenced drilling on the first of a number of targets to be tested during the company’s current field season at the Bronzewing Bore IOCG prospect of the Bungalien project near Cloncurry in Queensland. The targets are part of tenements subject to a Farm-in Joint Venture with Japanese […]
Arafura updates Nolans financials
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Arafura Resources (ASX: ARU) has updated the financial projections for the company’s Nolans rare earths project in the Northern Territory. The company said the projected economics for the project remain attractive despite a decline in rare earth prices. The project economics include a net present value (NPV) of $2.045 billion and an […]
Joint Venture announcements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: As they say in the classics; it’s better to have 50 per cent of a project than 100 per cent of no project. MinRes confirms buying stake in Aquila Mineral Resources (ASX: MIN) has confirmed its acquisition of 52,640,248 shares in Aquila Resources (ASX: AQA). MinRes announced a takeover bid for Aquila […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Sandfire puts spring in Springfield exploration activities Talisman Mining (ASX: TLM) announced that Sandfire Resources (ASX: SFR) has commenced the first phase of ground-based exploration activities at the […]
Latin intersects high-grade copper at Ilo Norte
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Latin Resources (ASX: LRS) is happy with the progress being made by earn-in operator Compañia Minera Zahena S.A.C. as it advances drilling at the company’s Ilo Norte project in Peru. Zahena has completed all twelve holes originally permitted by Latin and is now compiling and interpreting results before proceeding with permitting for […]
Emmerson inks Tennant Creek JV with Evolution
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Emmerson Resources (ASX: ERM) has signed a binding Term Sheet with Evolution Mining (ASX: EVN) to fast-track discovery of gold and copper deposits within the company’s 100 per cent-owned tenements at Tennant Creek in the Northern Territory. Tennant Creek location. Source: Company announcement Evolution has agreed to work with Emmerson […]
Growing excitement in the Graphite space
/in Uncategorized /by Wally GrahamGAVIN WENDT: I’ve been amongst the biggest sceptics of the mania surrounding the graphite business over recent years, along with many of the penny-dreadful share market opportunities claiming to offer investors the opportunity for enormous riches. The European Commission has included graphite amongst 14 materials that it considered high in both economic importance and supply […]