ALL THE NEWS
Metals of Africa records initial high-grade results from Rio Mazoe project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Newly-listed base metals exploration play Metals of Africa (ASX: MTA) has received assay results for an initial rock chip sampling program it recently carried out at the Meque and Cocodeza prospects within the company’s 100 per cent-owned Rio Mazoe project, located in Tete Province of Mozambique. Metals of Africa said the results […]
Taruga Gold commences Kossa exploration program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Taruga Gold (ASX: TAR) recently commenced a program of exploration activities at the company’s Kossa project in Niger, West Africa. The exploration program is designed to continue testing the Borobon prospect, which is situated within the Kossa project, in preparation for a maiden resource estimate. Borobon prospect drill results and gold […]
Upcoming Floats
/in Uncategorized /by Wally GrahamUPCOMING FLOATS: Who’s due to list on the ASX this week and what they’re all about. Zeus Resources Limited Proposed ASX Code: ZEU Proposed Listing Date: 6 December 2012 Zeus Resources has obtained a cornerstone investment from Zhengyuan International Mining Co. Ltd, which is a wholly-owned subsidiary of Chinese State Owned Enterprise, China Metallurgical Deology […]
Reed finalises debt facility for Meekatharra gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Reed Resources (ASX: RDR) has finalised documentation for a $19 million syndicated finance facility with Credit Suisse. The funds from the finance facility will be available to Reed for immediate use. Reed indicated the funds will be used to meet working capital requirements for the company’s 100 per cent-owned Meekatharra gold project […]
Hastings Rare Metals expands East Kimberley tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hastings Rare Metals (ASX: HAS) has acquired additional tenements to the company’s 100 per cent-owned Hastings heavy rare earths project near Halls Creek in Western Australia. The tenements are contiguous with the company’s existing tenements and are to the north west and south west. Project location. Source: Company announcement Hastings […]
Kimberley Rare Earths acquires U.S. gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kimberley Rare Earths (ASX: KRE) has entered into a convoluted transaction that will result in the company acquire 100 per cent of the Big Springs gold project located in Nevada, in the United States of America. Stay with us on this – it is circuitous. Kimberley Rare Earths has signed a binding […]
Carnegie Wave Energy completes $5.8M funding initiative
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Wave energy developer, Carnegie Wave Energy (ASX: CWE) has completed a $5.8 million funding initiative for the company’s Perth Wave Energy project (PWEP), from a combination of Government and private funding. Carnegie has secured agreement from the Government of Western Australia for a redistribution of the Low Emissions Energy Development (LEED) grant […]
What the Brokers say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe Celamin Holdings NL (ASX: CNL) Celamin Holdings NL is focused on the exploration and development of resource projects in North Africa, initially in Tunisia and Algeria. The company’s immediate focus is the advanced Chaketma phosphate project (CNL 80 per cent, […]
Ventnor Resources set to strengthen Thaduna project
/in Uncategorized /by Wally GrahamA maiden Resource with the promise of more to come has emerging copper play Ventnor Resources (ASX: VRX) looking forward to a very happy 2013. For those unfamiliar with the Ventnor story the company’s flagship is the Thaduna/Green Dragon copper project. The project consists of the Thaduna copper mine located 175 kilometres north of the […]
AusAmericn increases Bluebell De Soto projects in Arizona
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian-American Mining Corporation (ASX: AIW) has significantly increased its ground position at the company’s Bluebell and De Soto copper-gold-silver projects in Arizona, in the United States of America. The company has staked 156 unpatented mining claims, which it said has considerably strengthened its ground position at the Bluebell and De Soto projects. […]