ALL THE NEWS
Cove executes Letter of Intent with potential offtake partner
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cove Resources has signed a Letter of Intent (LOI) with Sachtleben Pigments Oy. Sachtleben Pigments Oy is a subsidiary of Sachtleben GmbH, which is one of the world’s largest producers of pigment titanium dioxide and functional additives. Cove said the LOI marks an important step in its development plans for the Koivu […]
Breaker identifies 25km gold trend at Dexter
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Breaker Resources has completed reconnaissance auger soil sampling at the company’s 100 per cent-owned Dexter gold project, located on the Yamarna Shear in Western Australia. The company has claimed the sampling has identified a previously unknown 25 kilometre-long gold trend, which is open along strike. The gold-in-soil anomalies have peak gold values […]
Renaissance encounters high-grade drilling intercept
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Renaissance Minerals has received more encouraging drill results from an ongoing diamond drilling program being carried out at the company’s Okvau gold deposit in Cambodia. The company is conducting the current drilling program to focus on step-out drilling targeting additional gold mineralisation to increase the existing Okvau gold resource estimate. An independent […]
Emmerson drilling reveals potential to double Goanna
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Recent drilling completed by Emmerson Resources at the company’s 100 per cent-owned Goanna discovery has revealed two new, thick, copper intersections. Emmerson said it considers the results demonstrate Goanna’s potential to double the strike extent of the already defined copper zones. The company said further drilling is required to confirm the continuity […]
Asterios Satrazemis – Aggreko
/in Uncategorized /by Wally GrahamThe Olympic Games may be over but Aggreko boss Asterios Satrazemis told The Roadhouse his company is still powering along. When I walk around mine sites I notice many pieces of equipment with Aggreko written on them and have often wondered what exactly it is that you do. Aggreko is a global PLC (Public Limited […]
China no threat to Australian investment in Africa – K Rudd
/in Uncategorized /by Wally GrahamAFRICA DOWNUNDER: Perth – Australia has enjoyed its time as China’s resources mistress but the emergence of Africa has given our biggest commodities customer reason to stray. China took over from Japan as Australia’s largest trading partner in 2009, right in the middle of the iron ore-led resources boom. In 2005/06 the dollar figure placed […]
Africa’s richest copper producer makes case for diverse resource investment
/in Uncategorized /by Wally GrahamAFRICA DOWNUNDER: Perth – Copper rich Zambia has called on the world’s resource investment powerhouses to drive an expansion of the country’s mineral riches into a far more diversified mineral extraction and processing sector rather than its historic renown as Africa’s largest red metal producer. In an impassioned speech in Perth today on the second […]
New uranium development needs price range up to US$90 per pound
/in Uncategorized /by Wally GrahamAFRICA DOWNUNDER: Perth – An incentivised price range of between US$75 and US$90 a pound is needed to drive any new investment in greenfields uranium mines according to Perth-based uranium developer, Bannerman Resources. Speaking in Perth at the 2012 Paydirt Africa Downunder conference, Bannerman chief executive officer Len Jubber said that while the industry had […]
Resource nationalism – the modern day ‘Native Title’
/in Uncategorized /by Wally GrahamAFRICA DOWNUNDER: Perth – Resource nationalism is scaring the global resources sector and is being seen by many as a modern day “native title controversy”, a leading Australian resources lawyer believes. Speaking in Perth on the first day of the 2012 Paydirt Africa Downunder conference, Gilbert and Tobins Lawyers partner Michael Blakiston said many in […]
Central and West Africa to be next major iron ore supplier
/in Uncategorized /by Wally GrahamAFRICA DOWNUNDER: Perth – Central and West Africa will be the world’s next major supplier of iron ore according to Africa-focused Australian iron ore developer, Equatorial Resources. Speaking in Perth on the first day of the 2012 Paydirt Africa Downunder conference, Equatorial managing director John Welborn said China, by 2015, wanted to import 50 per […]