ALL THE NEWS
Trafford Resources welcomes ‘Year of the Octopus’
/in Uncategorized /by Wally GrahamPerth-headquartered Trafford Resources (ASX: TRF) is eyeing 2013 as the year the company comes of age, seven years after listing on the Australian stock market. By Rebecca Lawson This is the year one of the company’s many investments, the Wilcherry Hill iron ore mine, will come into production, while the Twin Peaks and Moorarie projects […]
Elvis has left the building
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. PMI appoints chairman / non-executive director PMI Gold Corporation (ASX:PVM) has appointed James (Jim) Askew as chairman and non-executive director. Askew is a mining engineer with international experience as a chairman, chief executive officer and director for […]
Energia Minerals tells Cauldron, ‘thanks…but no thanks’
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Energia Minerals (ASX: EMX) has recommended its shareholders firmly reject the recent unsolicited offer by Cauldron Energy (ASX: CXU) to acquire all the company’s shares. Cauldron offered Energia shareholders one Cauldron share for every eight Energia shares held. Energia’s substantial shareholders, who together hold 48.19 per cent of the issued capital of […]
Renaissance Minerals extends mineralisation at Okvau deposit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has completed a program of shallow RC drilling to test for gold mineralisation to the north and north-east of the Okvau deposit, part of the company’s 100 per cent-owned Cambodian gold project. Renaissance explained the main lodes of mineralisation at Okvau strike to the north-east. The company had […]
Mamba Minerals strikes new Canadian hematite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mamba Minerals (ASX: MAB) has claimed discovery of a new hematite discovery via diamond drilling currently underway at the company’s Snelgrove Lake iron project in Canada. Mamba said the discovery hole, which still is being drilled, intersected 275 metres of hematite ore. At current down-hole depth, geotechnical assessment has confirmed that the […]
KBL Mining expands Red Terror deposit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: KBL Mining (ASX: KBL) has identified additional copper-gold mineralisation via recent diamond drilling undertaken on the Red Terror deposit at the company’s Mineral Hill mine in central New South Wales. Results from the recent drilling at Red Terror include: – 7m at 3.3 per cent copper and 0.5 grams per tonne gold […]
Sheffield sells South Pilbara tenements to Brockman
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has struck a binding agreement with Brockman Mining Limited subsidiary, Brockman Australia (ASX: BCK) to sell its interests in two exploration licences E47/2280, E47/2291 and exploration licence application E47/2594, collectively known as its South Pilbara iron tenements. The material terms of the agreement are: – An upfront cash […]
Plymouth Minerals strikes two Zambian deals
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Plymouth Minerals (ASX: PLH) has entered into two exclusive option agreements in Zambia. The first involves Plymouth proposing to acquire shares in an entity which has indirect interests or rights to indirectly acquire a portfolio of prospective copper-gold exploration tenements in the Zambian Copperbelt and other regions within Zambia. The second Agreement […]
Elementos merger fetches advanced Tassie tin project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Elementos Limited (ASX: ELT) has agreed to merge with unlisted Australian company Rockwell Minerals. Elementos is an Australian copper and gold exploration company, with projects in Argentina, Chile and Australia. Rockwell Minerals brings to the merged table its 50 per cent interest in the advanced Cleveland tin and tungsten deposits in Tasmania. […]
Northern Minerals scores $4M interim funding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Northern Minerals (ASX: NTU) has locked in $4 million of interim funding through an interest free, non-recourse loan from ACIIG. The company said the loan allows it to commence an extensive drilling program at the company’s Browns Range Heavy Rare Earth project while it waits on the completion of a $58 million […]