ALL THE NEWS
WA royalty incentive for magnetite producers
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Western Australian Premier Colin Barnett officially opened the Karara iron ore project this week. While doing so, Barnett took the opportunity to announce the state’s magnetite projects can now apply for up to 50 per cent royalty. The new magnetite royalty rebate is to be considered on a project-by-project basis, which Barnett […]
Volta Mining encouraged by Gabon rock chipping results
/in Uncategorized /by Wally GrahamTHE DRILL SEREGANT: Volta Mining (ASX: VTM) has reported surface rock chip results grading up to 51 per cent iron from the company’s Mbombo iron ore project in Gabon, West Africa. The company said the rock chip results support its previously released Exploration Target for the project of 385 to 640 million tonnes at 30 […]
The irrationality of gold’s recent price performance
/in Uncategorized /by Wally GrahamGAVIN WENDT: In a further demonstration of the irrationality of financial markets at present, the price of gold fell sharply over the past week, despite a host of supporting factors that under normal circumstances would result in a stampede towards the precious metal. Recently, we’ve witnessed a ratcheting-up of the rhetoric from the rogue state […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Tungsten Mining (ASX: TGN) Tungsten Mining (ASX: TGN) is advancing assessment of its flagship Kilba project (100 per cent) in the Gascoyne region of Western Australia, with the aim of making a rapid transition to production. To that end, the company […]
Broken Hill gears up for Symposium
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: The 3rd annual Resources & Energy Investment Symposium is on 20-22 May, once again held in the unique city of Broken Hill. Event organisers are confident this year’s Symposium can repeat the success of last year, which welcomed over 350 delegates, 12 keynote speakers and more than 30 resource companies presenting their stories. […]
Horseshoe Metals begins diamond drilling Horseshoe Lights project
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has commenced diamond drilling on the company’s 100 per cent-owned Horseshoe Lights copper-gold project, located in the Peak Hill Mineral Field of Western Australia. Horseshoe Metals projects location plan. Source: Company announcement The drilling program has been designed to test for high-grade copper-gold zones down dip […]
Unconventional Gas play seeks Super Fund attention
/in Uncategorized /by Wally GrahamAustralia’s superannuation funds have been urged to rethink their investment strategies and funnel their investment deposits at a higher participation rate in emerging new unconventional gas projects along Australia’s east coast. Unsurprisingly the call to superannuation arms came from one of the industry’s key participants, Liberty Resources managing director Andrew Haythorpe while presenting at the […]
Mutiny Gold makes quick $11M on gold market
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mutiny Gold has booked a profit of $11 million following a recent strategic gold transaction. Mutiny, along with its adviser Noahs Rule, used a $75 million gold buying facility the company has been provided by Credit Suisse to take advantage of, what it perceived to be a recent weakness in the gold […]
Hannans Reward encouraged by historic Swedish drilling assays
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Hannans Reward (ASX: HNR) has received assay results from the last of the historic copper-gold intercepts from profiles 2 and 3 from the Central Orebody at the company’s 100 per cent-owned Pahtohavare project located in northern Sweden. Hannans initial data interpretation has been focused on the Central Orebody, one of three orebodies […]
Triton Minerals defines outcropping graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Current exploration work being undertaken by Triton Minerals (ASX: TON) has located graphitic mineralisation outcropping, with a strike length of approximately 3.75 kilometres within the company’s Target 1 area at the Balama North project in Mozambique. The company said an initial mapping program conducted on the key Balama License had identified graphite […]