ALL THE NEWS
No cash for miners but commodities enjoy a run
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: In a recent report, resource industry observers Austex Mining indicated there is still some concerns for the market with a lack of cash being a hindrance to new exploration and project development. According to the report the overall cash position of the 836 resource companies currently listed on the Australian Securities Exchange […]
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. Baotou considers Kimba Gap synergies with Bungalow Centrex Metals (ASX: CXM) has received a letter from its partner for the Bungalow Magnetite Joint Venture, Baotou Iron & Steel (Group) […]
Northern Star anticipates Pegasus upgrade
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources (ASX: NST) has wasted little time broadcasting news from the company’s recently-acquired Kundana gold operations near Kalgoorlie. Recent drilling at Kundana’s Pegasus deposit has returned further high-grade intersections including: 9 metres at 37.8 grams per tonne gold (true width 6.8m); 5.3m at 26.3g/t gold (true width 3.7m); 2.5m at […]
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. RC drilling commenced on the Birsok bauxite project, Cameroon Canyon Resources (ASX: CAY) has commenced RC drilling on the company’s Birsok bauxite project in Cameroon. The drilling is […]
Cellmid selects lead antibody for clinical trials
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Cellmid Limited (ASX: CDY) has completed humanisation, testing and selection of its lead anti-midkine (MK) antibody for the company’s planned ‘first in class’ clinical trials in oncology. The company said this was a major step in advancing towards clinical studies and keeps it on track with the development program outlined to the […]
Admedus receives first U.S. orders
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Admedus (ASX: AHZ) has received the first sales orders for the company’s CardioCel® product in the US market. The company said the initial US sales orders have come ahead of its expected mid-year timing. “This is an important milestone for the company as we look to grow our revenue over the coming […]
RIU Sydney Round-up 2014
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Next week the Australian mining sector will gather in Sydney for the eleventh annual RIU Sydney Resources Round-Up. The three day conference is being held at the Sofitel Sydney Wentworth Hotel and is set to provide the investment community with opportunities to meet the people behind some of Australia’s leading exploration and […]
Chesser hits high grades outside Kestanelik Resource area
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has received the third batch of results from a sawcut sampling program being carried out at the company’s Kestanelik gold project in north-western Turkey. The company said the sampling program is being undertaken with the aim to further define the distribution of near surface high-grade gold mineralisation on […]
Andrew Forrest part of EMA $36.5M injection
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Energy and Minerals Australia (ASX: EMA) has strengthened its finances following a capital raising deal with Andrew Forrest and restructure of the company’s balance sheet. EMA has entered into a binding term sheet with Forrest Family Investments Pty Ltd, an Andrew Forrest entity within the Minderoo Group, to raise $12 million by […]
MacPhersons encounters new extensions at Nimbus
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) has completed a program of diamond drilling at the company’s 100 per cent-owned Nimbus-Boorara silver-gold-zinc project located east of Kalgoorlie. According to the company the drilling encountered a number of intersections of silver-zinc rich massive and stringer sulphide, and vein zones. The Nimbus diamond drilling program was conducted […]