ALL THE NEWS
Auzex Exploration: unlisted but far from uninteresting
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: Attending events such as the Gold Coast Resources Showcase allows investors first hand communication with and vital insight into the activities of the mining companies in attendance. They also throw up companies punters may never get to hear about. One such enterprise at this year’s Showcase was unlisted public company Auzex Exploration. Auzex […]
Wolf Minerals commences development of Hemerdon project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Wolf Minerals (ASX: WLF) has commenced development of the company’s Hemerdon tungsten and tin project in Devon, in southwest England. The initial project development activities include: – First drawdown from a US$82 million funding package provided by Resource Capital Fund (RCF); – Commencement of a £75 million (~A$123 million) Engineer Procure Construct […]
Cassini Resources gets heritage approvals to drill West Musgrave project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received all of the required heritage approvals from the Nygaanyatjarra Land Council for a planned maiden Reverse Circulation (RC) drilling program. The drilling is to be conducted at the Pandora nickel‐copper sulphide target at the company’s 100 per cent-owned West Musgrave project in Western Australia. The first […]
Eastern Iron upgrades Nowa Nowa Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Eastern Iron (ASX: EFE) has announced an upgrade in the resource estimate for the Five Mile Iron deposit at the company’s wholly-owned Nowa Nowa iron project, located near Bairnsdale in East Gippsland, Victoria. The upgrade is the result of recent drilling, which has provided Eastern Iron with further definition of the resource. […]
SACOME welcomes Budget resources initiatives
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The South Australian Chamber of Mines and Energy (SACOME) has welcomed South Australian budget announcements of $6 million over four years to support a Mining and Petroleum Services Centre of Excellence; an additional $4 million over two years to extend the PACE initiative; and over half a million to fund an Eyre […]
Buxton Resources kicks off Widowmaker drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Buxton Resources (ASX: BUX) has commenced an RC drilling program at the company’s Widowmaker nickel-copper project in Western Australia. “Our team now has safe access to the Widowmaker nickel-copper project, and drilling has commenced,” Buxton Resources managing director Anthony Maslin said in the company’s announcement to the Australian Securities Exchange. “We have […]
PMI intersects high-grade gold at Dynamite Hill prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: PMI Gold Corporation (ASX: PVM) has received results from a first pass Reverse Circulation (RC) exploration drilling program at the newly discovered Dynamite Hill prospect. The drilling has intersected shallow gold mineralisation within the limits of the company’s 100 per cent-owned Obotan gold project in the southwest of Ghana. PMI has drilled […]
Centaurus Metals drills high-grade iron at Candonga
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has reported, high‐grade results from the latest drilling at the company’s 100 per cent‐owned Candonga iron ore project, located 33 kilometres from its flagship Jambreiro iron ore project in Minas Gerais, Brazil. Candonga project location map. Source: Company announcement The results will be included in the […]
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. Appointment and resignation of company directors RMG Limited (ASX: RMG) has appointed Michael Griffiths as a non – executive director. Griffiths is president of TSX-V listed Currie Rose Resources INC, non- executive director of ASX-listed Tiger […]
There’s a bear in there.
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: It’s winter time, which means waking the market out of its current bearish hibernation will be a very difficult task. It’s no secret resources have copped a fairly hard time over recent months, which has been brought on by falling commodity prices, in particular iron ore, worries that the growth of the […]