ALL THE NEWS
Mining, Football and Foxtel
/in Uncategorized /by Wally GrahamOUT AND ABOUT: The Roadhouse recently travelled to the Edna May gold mine of Evolution Mining with a number of former West Coast Eagle and Fremantle champions. A 12 seater light aircraft can appear diminutive at the best time but when shared with the likes of Glen Jakovich and former West Coast Eagles team mates […]
Rex Minerals review ups ante for Hillside
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rex Minerals (ASX: RXM) has completed a review of the company’s 100 per cent-owned Hillside copper project in South Australia as it moves closer to commencing a Bankable Feasibility Study later in the year. Rex said the recent work has focussed on optimising the production profile and start-up capital costs identified in […]
Blackthorn Resources scores extra $80M from Glencore
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackthorn Resources (ASX: BTR) has received good news from its Joint Venture partner Glencore International. Glencore has indicated it will provide an additional US$80 million in equity funding to complete construction and commissioning of the Perkoa zinc project in Burkina Faso and fund projected costs until the project becomes self-funding. The previous […]
Dacian Gold collects further encouragement from drilling at Mt Morgans
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dacian Gold (ASX: DCN) has received results from an ongoing broad spaced diamond drilling program testing for resource extensions at the south end of the Westralia BIF hosted gold deposit. The Westralia deposit is located within the company’s 100 per cent-owned Mt Morgans gold project in Western Australia. Results include: – […]
Rox Resources receives more good news from Camelwood
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has received further assays from the company’s Camelwood nickel sulphide prospect at Fisher East, north of Kalgoorlie in Western Australia. Assays results for RC drilling at Camelwood (above a 1 per cent nickel cut-off) included: Hole MFEC010: 22 metres at 1.42 per cent nickel from 118 metres, including […]
Golden Rim study determines viability of Netiana Lodes
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources (ASX: GMR) has received the final results of a Scoping Study on the Netiana Lodes at the company’s Balogo project, in Burkina Faso. The Scoping Study was undertaken by Coffey Mining to assess the viability of an open cut mining and processing operation to mine the project’s Inferred Resource […]
Dart Mining snares $10M from US investor
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Dart Mining (ASX: DTM) has tied up a cash injection of $10 million from US-based institutional investor RK Mine Finance (aka Red Kite). “Dart Mining has worked closely with Red Kite through a detailed due diligence process which involved a site visit by Red Kite’s investment team and its appointed experts. “The […]
Sovereign Gold to acquire private gold explorer
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sovereign Gold (ASX: SOC) has made an offer for the full acquisition of unlisted company Gossan Hill Gold. The attraction for Sovereign Gold is Gossan Hill’s numerous gold prospects located in New South Wales “The acquisition of Gossan Hill provides multiple benefits for the company, including an expanded exploration footprint in New […]
Bulletin Resources places placement shortfall
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bulletin Resources (ASX: BNR) has received the nod for a $600,000 funding commitment (before costs) via a share placement at an average issue price of 55 cents per share, representing a 22 per cent premium to the company’s closing share price on 11 March 2013. The placement is for approximately 10.9 million […]
Latrobe Magnesium lifts magnesium plant value to $120M
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Latrobe Magnesium (ASX: LMG) has completed further work on costings and processes of the company’s Latrobe Valley magnesium plant, located in the Latrobe Valley, Victoria. The completed work has resulted in a rise of the net present value (NPV) of the plant from $83 million to $120 million. Latrobe said the recent […]