ALL THE NEWS
Minotaur Exploration lodges Breakaway takeover statement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) has lodged a Bidder’s Statement with the ASX and ASIC in relation to its takeover offer for Breakaway Resources (ASX: BRW). Minotaur is offering to exchange one Minotaur share for every ten Breakaway shares. Minotaur Exploration chairman Derek Carter said the Breakaway Board had publicly endorsed his company’s […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Resignation of the non-executive chairman Renaissance Minerals (ASX: RNS) announced the resignation of Rick Hart as non-executive chairman of the company due to other business commitments. “Rick was a founding director of the company and, on behalf of […]
Quarter Time Wrap
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Quarterly reporting season is always a heavy burden on The Roadhouse’s virtual postman. The latest round was no exception. Here’s a random selection of what some companies had to say. Artemis Resources (ASX: ARV) Artemis Resources’ activities for the latest quarter included preparations for the next phase of exploration at the company’s […]
Highfield Resources encouraged by Spanish drilling results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Highfield Resources (ASX: HFR) has received the initial results from a recently-completed confirmatory drilling campaign on the company’s 100 per cent-owned Sierra del Perdón potash project in northern Spain. The company has also commenced drilling on its Javier potash project. Location of Highfield’s Javier, Pintano and Sierra del Perdón projects in […]
Northern Star Resources claims new Paulsens discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources (ASX: NST) has claimed a new high-grade discovery at the company’s Paulsens gold mine in Western Australia. The Titan discovery hole returned 6.9 metres at 24.7 grams per tonne gold from a vertical depth of 700 metres with a second hole returning 2.3m at 4.3g/t gold. Paulsens long […]
Sheffield Resources confirms marketability of Thunderbird products
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has received results from a review of the quality of planned products from the company’s Thunderbird Heavy Mineral Sand deposit located near Derby in the Canning Basin region of Western Australia. Thunderbird deposit location plan. Source: Company announcement The review was carried out by mineral sands […]
Horseshoe Metals blazes rediscovery trail
/in Uncategorized /by Wally GrahamTo paraphrase the great American writer Mark Twain, ‘the reports of the demise of the Australian junior exploration sector have been greatly overstated’. There may be some substance to the tales of woe and misfortune perpetuated by the mainstream media in order to sell tomorrow’s fish and chip wrappers, however, there are also plenty of […]
What the Brokers Say
/in Uncategorized /by Wally GrahamInteresting news and views from across the Resource Analyst universe. Wolf Minerals (ASX: WLF, AIM: WLFE) Wolf Minerals has secured finance and development of the Hemerdon Ball tungsten-tin mine is now underway. GR Engineering Services has been awarded the fixed term, fixed price contract which should see the 3Mtpa processing plant ‘production ready’ within 24 […]
Diggers & Dealers kicks off on Monday
/in Uncategorized /by Wally GrahamDiggers & Dealers kicks off on Monday CONFERENCE CALLER: Next week the who’s who of the Australian mining industry lands in the Western Australian town of Kalgoorlie for the 21st annual Diggers and Dealers conference. Preparations for the big event commenced weeks ago when the shell of the conference marquee was erected outside the Goldfields […]
Sirius Resources encounters supergene Polar Bear
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sirius Resources (ASX: SIR) has completed reconnaissance drilling it claims to have identified two new zones of gold anomalism at the first gold targets tested on the company’s 100 per cent-owned Polar Bear project. Sirius said reconnaissance aircore drilling has defined two broad supergene gold anomalies in addition to those it reported […]