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Laconia keeps both eyes on Peruvian prize
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Actions, they say, speak louder than words and the recent actions of Peru-focused junior exploration play Laconia Resources Limited (ASX: LCR) has a few of the bigger industry players taking notice. The attraction has come about due to the dual-focussed approach Laconia has taken with its Kimsa Orcco project in Peru. While […]
Better projects, not bigger the best
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: When considering what happened to investment interest in the junior mining sector many focus their gaze outwards. At the RIU Sydney Resources Roundup Blue Ocean Equities executive director Rex Adams turned his inwards. “What went wrong?” he asked. “Why has the sell-off been so savage? “One thing that went wrong, is the […]
Juniors face Crunch Time
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Opening the second day of the Sydney RIU Resources Roundup Breakaway Research senior research analyst Mark Gordon explained that we are currently experiencing a market characterised by flat commodity prices, which he expects may continue for some time. This, he intimated, is only going to make things tougher, especially for the junior […]
Mining investment showing signs of recovery
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: The RIU Sydney Resources Roundup conference was opened in style by Colonial First Sate Asset Management senior portfolio manager Dr Joanne Warner. She opened her presentation with a slide of media headlines, which all spruiked the end of the resources sector as we know it. “If you look at the headlines – […]
Joe keeps promise to miners
/in Uncategorized /by Wally GrahamIN THE LOBBY: While the bulk of the country’s lobby groups bewailed measures lined up in Joe Hockey’s budget the Association of Mining and Exploration Companies (AMEC) said one decision would go a long way to restoring Australia’s reputation for investment in mining and exploration. Keeping to his group’s ideals AMEC Chief Executive Officer Simon […]
Metals X to acquire Meekatharra gold operations
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metals X (ASX: MLX) has struck a binding agreement to acquire the assets of the that made up the Meekatharra gold operations of Reed Resources from the administrator of its subsidiary GMK Exploration. The purchase price has a face value of approximately $7.7 million and is made up of $7.1 million in […]
Syndicated Metals scores big copper hits at Barbara
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Syndicated Metals (ASX: SMD) has commenced work underway on a Mineral Resource upgrade for the company’s Barbara copper-gold joint venture project in northern Queensland. The calculations started after Syndicated received the final batch of assays from recent in-fill and metallurgical drilling. Results from the final eight diamond holes of the program included […]
Citigold hits further high gold grades
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Citigold Corporation (ASX: CTO) has encountered further gold intersections from a drilling campaign currently underway at the company’s Charters Towers gold project in Queensland. Drill hole CT9004 returned an intercept of 84.01 metre grams per tonne gold from the C03W Queen West structure. Citigold said the drilling has confirmed its interpretation of […]
Sierra Mining drills further encouragement at Malibo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sierra Mining (ASX: SRM) has received encouraging results from an on-going drilling program being carried out on the company’s Mabilo project in the Philippines. Recent highlights from the ongoing diamond drilling program have included drill holes extending both the down dip and SE strike extension of the South Body and drill holes […]
Robust updates Romang manganese Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Robust Resources (ASX: ROL) has announced an updated JORC Code 2012-compliant mineral resource for its manganese project at the company’s Romang Island project in Indonesia. The updated Resource includes additional drilling and analyses which were not available at the time of an estimate the company released in November 2013. Robust said the […]