ALL THE NEWS
Trafford Resources makes DSO hematite discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Trafford Resources (TRF: ASX ) has claimed a high-grade direct shipping ore (DSO) hematite discovery on receipt of assay results from the first four drill holes of a drilling program on the company’s Twin Peak iron ore project northeast of Geraldton, Western Australia. The company claimed it had encountered extensive widths of […]
Hot Chili close to doubling Productora copper resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Hot Chili (ASX: HCH) has almost doubled the resource at the company’s Productora copper project in Chile. The resource at Productora now stands at 165.2 million tonnes at 0.6 per cent copper, 0.1 grams per tonne gold and 132 grams per tonne molybdenum for 920,000 tonnes of copper, 590,000 ounces of gold […]
IronClad Mining scores SA Government approval for Lucky Bay amendments
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IronClad Mining (ASX: IFE) has received a nod of approval from the Government of South Australia for the company’s application for amendments to the existing Lucky Bay Port approval. IronClad had asked the SA Government for a number of amendments to be made to existing approvals since the downturn in global iron […]
Hodges Resources completes Morupule South scoping study
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hodges Resources (ASX: HDG) has completed mine scoping and power integration studies for the company’s Morupule South project in Botswana. Highlights from the study include: – Life of mine ROM production costs for 1.5 million tonnes per annum (Mtpa), 5Mtpa and 5-10Mtpa operations were US$10.18 per Run Of Mine (ROM) tonne, US$10.59 […]
Apollo Minerals signs farm-in JV with Mincor Resources
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Apollo Minerals (ASX: AON) and Mincor Resources (ASX: MCR) have settled on the terms of an exploration farm-in and joint venture agreement over exploration licence EL4932 in South Australia. Apollo is currently developing an iron ore operation at Commonwealth Hill and is busy exploring the project area for further iron and […]
Winmar finalises 51 per cent earn-in of Hamersley project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Winmar Resources (ASX: WFE) has earned a 51 per cent interest in the Hamersley iron ore project. Once all the necessary paperwork has been attended to the Winmar Exploration Joint Venture will be formed, in respect of the Hamersley project between Winmar and Cazaly Iron, which is a wholly owned subsidiary of […]
Kupang Resources JV acquires additional Timor permit
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kupang Resources (ASX: KPR) announced to the market the Kupang Joint Venture, in which the company holds a 55 per cent interest, has completed the acquisition of additional land in the Belu District, on the island of Timor in Indonesia. In November 2012, Kupang entered into a binding term sheet to acquire […]
Rio Tinto maintains rail monopoly
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rio Tinto (ASX: RIO) has welcomed the Australian Competition Tribunal’s decision that the company should not be required to allow third party users to play with its Hamersley and Robe rail lines train set. “This is great news,” Rio Tinto iron ore acting chief executive Paul Shannon said in the company’s brief […]
Monax Mining drill program to focus on EM defined graphite targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Monax Mining (ASX: MOX) is kicking off a 70-hole drill program this week at the company’s 100 per cent-owned Waddikee graphite project on the Eyre Peninsula of South Australia. The drilling will focus on four target areas Monax identified during a recent ground electromagnetic (EM) survey. Monax recently completed ground EM surveys […]
Sherwin Iron locks in railway deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sherwin Iron (ASX: SHD) has signed an MOU with Genesee & Wyoming Australia (GWA) for the purpose of defining a framework for a definitive long-term rail service agreement. GWA is a provider of above rail freight services in South Australia and the Northern Territory and owner of the Tarcoola to Darwin railway. […]