ALL THE NEWS
Further question marks over the US economy are good news for gold
/in Uncategorized /by Wally GrahamGAVIN WENDT: We discussed recently the Fed’s decision to delay the inevitable – the scaling back of its $85 billion a month stimulus program – as being reinforcement of our negative view on the US economy. The Fed also warned that an increase in interest rates would threaten to bring expansion to a halt. As […]
Raising funds and Tax Refunds
/in Uncategorized /by Wally GrahamTHE FUND RAISER: This week some companies raised funds, while others received R&D rebates from the ATO. $14.1 million Received in Respect of Eligible Research and Development Expenditure Lynas Corporation (ASX: LYC) has received $14.1 million from the Australian Taxation Office relating to eligible research and development (R&D) expenditure incurred during the year ended 30 […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Stockbroking firm, Bell Potter runs its eye over the Pilbara iron ore industry and its main players. Iron ore sector Port Hedland – October 2013 – Total iron ore shipments flat, record shipments to China. Bell Potter has dissected the Port Hedland Port Authority’s October 2013 monthly statistics. Key points to […]
Red Mountain trenching returns one ounce per tonne gold
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) is excited with its encounter with a high-grade surface trenching intersection from the Lobo prospect, located on the company’s Batangas gold project in the Philippines. The highlight of recent trench sampling returned: – 2 metres at 31.1 grams per tonne (1 ounce per tonne) gold, including 1 […]
Artemis Resources extends Eastern Hills mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Artemis Resources (ASX: ARV) has received final drill results from a 15 hole, reverse circulation (RC) drilling program recently completed at the company’s Eastern Hills antimony–lead deposit, located in the Ashburton region of Western Australia. The company said the laboratory assays from the 2,470 metre drill program have confirmed the presence of […]
Lamboo Resources closer to market-grade graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lamboo Resources (ASX: LMB) has advanced its McIntosh flake graphite project in Western Australia close to meeting market requirements for battery-grade crystalline-grade flake graphite. The company has had Nagrom Laboratories at Kelmscott in WA conduct metallurgical beneficiation of flake graphite from the McIntosh project. The beneficiation work has achieved high-concentrate grades of […]
Birimian Gold encouraged by Ntiola deposit test work results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Birimian Gold (ASX: BGS) has received encouraging metallurgical results from laboratory based test work conducted on material from the Ntiola deposit at the company’s Massigui gold project in southern Mali. The Ntiola peposit is situated approximately 25 kilometeres from the Morila Mine Treatment Plant, which Birimian considers could present a near term […]
KalNorth looks to develop modular gold processing plant
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: KalNorth Gold Mines (ASX: KGM) is to conduct a Scoping Study at the company’s 100 per cent-owned KalNorth Gold Field, located just outside of Kalgoorlie in Western Australia. The study will look into the possible development of a 0.5 million tonnes per annum to 1 million tonnes per annum modular processing plant […]
Sirius Resources hits big gold at Nanook
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sirius Resources (ASX: SIR) has continued its love affair with the drill bit with recent drilling undertaken at the Nanook gold prospect, located within the company’s 100 per cent-owned Polar Bear project. Siruis has reported the latest drilling at Nanook has encountered the highest grade gold mineralisation yet at Polar Bear. Assays […]
Maximus Resources signs exploration MoU with Monax Alliance
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Maximus Resources (ASX: MXR) has struck up a friendship with Monax Alliance Pty Ltd, entering into a binding Memorandum of Understanding (MoU) with Monax Alliance to undertake technical due diligence on the Billa Kalina project located in the Gawler Craton region within the Woomera Prohibited Area (WPA) in South Australia. Monax Alliance […]