ALL THE NEWS
Highfield leaves Broadway to concentrate on Spanish productions
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Highfield Resources (HFR: ASX) has exited its farm-in agreement with Broadway Resources to explore the McLarty project, Western Australia so it can concentrate on its Spanish portfolio. Highfield entered into the farm-in agreement with Broadway in November 2011 to explore three granted tenements contained in the McLarty project. Under the terms of […]
Papillon Resources increases Fekola project gold Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Papillon Resources (ASX: PIR) has announced an update to the Mineral Resource Estimate (MRE) for the company’s Fekola project, located in south western Mali, adjacent to the border with Senegal. The updated MRE has been estimated at 68.29 million tonnes averaging 2.35 grams per tonne gold for a contained 5.15 million ounces […]
Impact Minerals identifies seven new EM conductors at Mulga Tank
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified seven strong and large ground electromagnetic (EM) conductors, variably coincident with strong nickel, cobalt, copper and palladium soil geochemistry responses. The EM conductors have been identified at the company’s new Mulga Tank nickel-copper-PGE joint venture project area, located 200 kilometres northeast of Kalgoorlie in Western Australia. […]
Golden Rim Resources renegotiates Korongou deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources (ASX: GMR) has reported negotiated changes to its agreement to acquire the Korongou project from Epsilon Gold Mines. The previously-struck deal involved a total of $2 million payable to Epsilon over a period of two years and an additional US$1 million was payable upon the commencement of a Bankable […]
Tawana Resources to divest diamond projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Tawana Resources (ASX: TAW) has announced it is to dispose of its interests in the Kareevlei diamond project in South Africa and the Flinders Island diamond project in Australia. The company explained the move is part of its ongoing strategy to reduce overheads, divest non- core assets and fast-track the development of […]
Middle Island Resources releases Tialkam South maiden Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) has announced a maiden Resource for the Tialkam South prospect, situated within the Sirba gold project in Niger. The Tialkam South gold prospect lies within the southern portion of the Tialkam permit, comprising part of the 1,916 square kilometre Sirba project, which consolidates the central portion of […]
Gryphon Minerals hits big gold Stinger at Banfora
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gryphon Minerals (ASX: GRY) has announced further high-grade infill Reverse Circulation (RC) drilling results from the Stinger gold deposit, at the company’s Banfora gold project in Burkina Faso, West Africa. The latest drill results are from a Reverse Circulation (RC) infill drilling campaign Gryphon conducted at the Stinger deposit targeting shallow mineralisation […]
African governments must not increase taxes during downturns in mining
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: African governments of all persuasions must resist the temptation to increase taxes during times of mining downturn. That was the blunt message from Paladin Energy managing director John Borshoff, speaking in Perth on the first day of the 2013 Paydirt Africa Down Under conference. “To us, this is a no brainer,” Borshoff said. […]
Dealing with Africa? Recognise sensitivities
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: A hit list of seven key areas of sensitivity which could wreck or salvage future deals between Australian miners in Africa if handled poorly, has been identified. Speaking in Perth on the first day of the 2013 Paydirt Africa Down Under conference, Gilbert+Tobin Lawyers Partner, Michael Blakiston, said it was increasingly essential to […]
Kibaran Resources MoU provides Great Expectations
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) has signed a Memorandum of Understanding (MoU) with an un-named major European graphite trader for the sale of graphite material from the Epanko deposit, located within the company’s Mahenge graphite project in Tanzania. Watch The Roadhouse’s interview with Kibaran managing director Andrew Spinks now. Under the […]