ALL THE NEWS
Traka Resources signs Farm-in and JV with Western Areas
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Traka Resources (ASX: TKL) has entered into a Farm-in and Joint Venture Agreement with Western Areas (ASX: WSA). The agreements cover five exploration licences located in the Jameson area of Western Australia, which forms part of Traka’s Musgrave project. The Musgrave project showing Traka’s interests including the Western Areas Agreement tenements. […]
MZI Resources gets $3M leg-up from RCF
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: MZI Resources (ASX: MZI) has inform the market that private equity group Resource Capital Fund has taken a 12 per cent cornerstone stake in the company through a $3 million share placement at 1.296 cents per share. As part of the placement, RCF has the right to appoint a representative to the […]
ERO Mining to acquire gold project from Ramelius
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: ERO Mining (ASX: ERO) has struck an agreement with Ramelius Resources (ASX: RMS) to acquire the Spargoville gold project via an all scrip transaction. The Spargoville gold project is located in the Yilgarn Craton in Western Australia, and includes the previously mined, Wattle Dam deposit and over 11,440 hectares of surrounding tenements. […]
Rey Resources to sell coal project for $21 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rey Resources (ASX: REY) has entered into an agreement with Crystal Yield Investments Limited, to sell the Duchess Paradise coal project in Western Australia. The deal will be done via a staged acquisition by Crystal of all of the issued shares in Blackfin Pty Ltd, a wholly owned subsidiary of Rey. Rey […]
Doray Minerals into commissioning phase at Andy Well
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Doray Minerals (ASX: DRM) has commenced commissioning of the gold processing plant at the company’s 100 per cent-owned Andy Well gold project, in the northern Murchison region of Western Australia. Doray said it expects commissioning of the gold processing plant to take approximately four weeks to complete, meaning that gold production is […]
Mutiny Gold in iron ore development discussions
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mutiny Gold (ASX: MYG) has informed the market it is currently in advanced discussions with a local producer to commercialise the iron ore assets contained in its Gullewa project area, located within the Murchison Region of Western Australia. Mutiny said the iron ore could potentially generate early cash flow within the next […]
Rex Minerals increases Hillside Resource 50 per cent
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rex Minerals (ASX: RMX) has completed the sixth Mineral Resource upgrade in three years at the company’s Hillside copper project on the Yorke Peninsula, South Australia. The company said the latest upgrade has reconfirmed Hillside as Australia’s largest open pit copper project. Rex said the first 12 years of production at Hillside […]
Core Exploration confirms NT copper field
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Core Exploration (ASX: CXO) has claimed to have confirmed a large copper mineral field on the company’s new and wholly-owned exploration licence application, EL 29689. The EL covers 310 square kilometres within Core’s Albarta project, north east of Alice Springs in the Northern Territory. The identification of the mineral field has come […]
Why gold will continue to benefit from economic uncertainty and investor demand
/in Uncategorized /by Wally GrahamGAVIN WENDT: The headlines over the past week or so have continued to revolve around the likely reasons for the speculative move away from gold. Firstly, it’s suggested that the US Federal Reserve is looking to cut back on its level of QE stimulus; and secondly, the US dollar is forecast to rise as a […]
WA Government grants latest round of EIS funding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The Western Australia Government has announced the latest round of co-funded Exploration Drilling subsidies. This years’ round of funding will result in the handout of almost $7.2million for exploration drilling to be carried out over more than 60 mineral and petroleum projects in underexplored areas. The subsidies are part of the […]