ALL THE NEWS
Azimuth Resources increases West Omai gold resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azimuth Resources (ASX: AZH) has announced a 35 per cent increase in the JORC code-compliant gold resource estimate for the Smarts and Hicks deposits at the company’s West Omai gold project in Guyana. The Inferred Mineral Resource estimate at West Omai for the Smarts and Hicks deposits at a cut off of […]
Cauldron Energy triples Bennet Well uranium resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cauldron Energy (ASX: CXU) has released a 300 per cent upgrade to the resource on the Bennet Well prospect, situated within the company’s Yanrey uranium project in Western Australia. Independent consultants, Ravensgate Resources have calculated a JORC-compliant resource for the Bennet Well region. The new total uranium resource has increased from 4.8 […]
Australian renewable energy cheaper than fossil fuels
/in Uncategorized /by Wally GrahamA recently conducted study by research firm Bloomberg New Energy Finance (BNEF) has produced some interesting data on the power bill discussion providing endless talk-back fodder across the nation. Listen to any politician of any persuasion and they’re all ready to tell you that paying for electricity is becoming harder for the average ‘battling’ of […]
What the Brokers say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Altona Mining Ltd (ASX: AOH) Outokumpu performing well, Roseby development-ready but requires finance Outokumpu copper project (Finland): – Record quarter of production, exceeding feasibility design. – Plant throughput of approx. 144,000 tonnes (FSBe 138kt) represents 104 per cent of nameplate (550kt […]
Rex Minerals releases Ore Reserve at Hillside copper project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rex Minerals (ASX: RXM) has released maiden open pit Ore Reserves for the company’s 100 per cent-owned Hillside copper project on the Yorke Peninsula, in South Australia. The maiden Ore Reserve has been completed on the back of a recently-completed Pre-feasibility Study, which the company claimed designated Hillside to be Australia’s largest […]
Genesis Minerals welcomes Canadian major back to Argentina
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Genesis Minerals (ASX: GMD) has received notice from Canadian miner Teck Resources, through its subsidiary Teck Argentina, that it has elected to earn back a 60 per cent stake in the Australian junior company’s Las Opeñas project in San Juan, Argentina. The decision is a return of serve in a tennis match, […]
Galaxy ready to restart Jiangsu lithium carbonate plant
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Galaxy Resources (ASX: GXY) has received clearance from the Zhangjiagang Safety Bureau allowing the company to recommence operations at its Jiangsu lithium carbonate plant in China. The Safety Bureau has inspected and approved Galaxy’s repairs to a u-bend section of pipe in the sodium sulphate crystallisation area of the plant that ruptured […]
TNG Limited recalculates PFS numbers
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: TNG Limited (ASX: TNG) has completed an internal technical review of the July 2012 Pre-Feasibility Study (PFS) for the company’s Mount Peake vanadium-titanium-iron project in the Northern Territory. TNG claimed the review has led to an enhancement of the project’s economics following the identification of a miscalculation of the value of the […]
Azure Minerals takes pinata at Mexican project auction
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Azure Minerals (ASX: AZS) has acquired a 100 per cent interest in the Loreto copper project, located in the state of Baja California Sur, Mexico. The Loreto property covers an area of 9,571 hectares and is located on the east coast of the Baja California peninsula. Location of Loreto project. Source: […]
Northern Minerals confirms high-purity mixed Rare Earth oxide
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Northern Minerals (ASX: NTU) has completed metallurgical studies at the company’s Browns Range Heavy Rare Earth Element (HRE) project in northern WA, which it claims has confirmed the project’s ability to produce a high-value, 92 per cent mixed RE oxide. Northern Minerals said the results have supported preliminary hydrometallurgical studies conducted last […]