ALL THE NEWS
Impact cashed up and drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: After raising $5.7 million via a placement and entitlement issue to eligible shareholders, Impact Minerals (ASX: IPT) t has commenced drilling at the Xade copper-nickel-PGE project. Impact Minerals is earning a 51 per cent stake in the project. The Xade project covers a poorly explored gabbro intrusion in central Botswana. Location […]
Padbury Mining confirms support for Oakajee Port project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Following the announcement of further delays to the development of the Oakajee Port at Geraldton in Western Australia, Padbury Mining (ASX: PDY) confirmed its commitment to the project. Padbury Mining managing director Gary Stokes said he had been working with a number of mining companies in the region to bring this project […]
Northern Minerals raises $5 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Northern Minerals (ASX: NTU) has raised $5 million through a share placement. The company said it intends using the finds to develop its Browns Range Heavy Rare Earth (HRE) project in northern Australia. Northern Minerals indicated it is currently working towards the announcement of a maiden JORC resource at the Wolverine prospect […]
Deloitte WA Index rises for October
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The market capitalisation of Western Australian ASX-listed companies continued their upward trajectory during October according to Deloitte. Deloitte’s WA Index increased 1.8 per cent during the month to close at $145.38 billion. Given all the bad iron ore news filtering around the sector it is something of a surprise to see iron […]
Beadell announces preliminary Duckhead Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Beadell Resources (ASX: BDR) has announced a preliminary open pit resource for the Duckhead deposit at Tucano in Brazil. The company claimed the new resource defines Duckhead as one of the highest grade and lowest cost open pittable gold deposits in the world. The new Duckhead JORC resource totals 94,000 tonnes at […]
Bulletin recommences Lamboo drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bulletin Resources (ASX: BNR) has recommenced drilling at the company’s Lamboo project near Halls Creek in Western Australia. Drilling will be carried out to expand the resource extending below the Nicolson’s Find and Nicolson’s South open pits lateral to the company’s planned underground development for the project. Long projection of Nicolson’s […]
AusAmerican – new Board, new focus
/in Uncategorized /by Wally GrahamThe opportunity to develop a neglected yet potentially exceptional copper-gold-silver project has momentarily shifted the focus of Perth-based Australian-American Mining Corporation. AusAmerican was founded in 2006 on a suite of advanced United States uranium projects in New Mexico and Nevada. AusAmerican United States project portfolio It’s no secret the world uranium market has been under […]
Aeon strikes JV with Rio in Queensland
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Aeon Metals (ASX: AQR) has executed an Exploration and Earn-In Joint Venture Agreement with Rio Tinto Exploration (RTX) for the exploration and evaluation of Aeon’s 100 per cent-owned tenement EPM 17060 in Queensland. Source: Company announcement The key terms of the deal are as follows: Phase 1 (12 months) – […]
Talga increases Nunasvaara Resource estimate to 7.6Mt of graphite
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Talga Gold (ASX: TLG) has updated the JORC Mineral Resource estimate for the company’s 100 per cent-owned Nunasvaara graphite deposit in northern Sweden. Talga tenement locations, graphite projects and established transport infrastructure, Sweden. The Indicated and Inferred estimate for Nunasvaara now totals 7.6 million tonnes at 24.4 per cent graphitic […]
Dead or Alive
/in Uncategorized /by Wally GrahamAccording to Alto Capital analyst Carey Smith there are current 31 resource companies trading on the boards of the Australian Securites Exchange that are worth more dead than alive. That is their net cash value (cash – debt) is larger than the company market capitalisation, The range of how much net cash exceeds the market […]