ALL THE NEWS

Australian presence in Africa benefits both

AFRICA DOWNUNDER: Perth – Opening the Paydirt Africa Downunder Conference in Perth Australia’s Minister for Foreign Affairs Bob Carr spoke about the growing presence and increasing engagement Australian was having in Africa. “We are strengthening political links with African regional organisations and through high-level contact,” Carr said. “Our development assistance – to help Africa increase […]

Trafford makes move into Brazilian gold miner

THE BOURSE WHISPERER: Perth-based Trafford Resources is primed to take a significant interest in several Brazilian gold projects. Trafford is taking an initial 24 per cent stake in private exploration company, Orinoco Resources, which in turn is to be acquired by ASX-listed Strickland Resources. Trafford will retain a final 18.17 per cent interest in Strickland […]

Terranova to acquire Manica gold project in Mozambique

THE BOURSE WHISPERER: Terranova Minerals has entered an agreement to acquire 100 per cent interest in the Manica gold project in Mozambique from AIM-listed Pan African Resources. The Manica project has a JORC-compliant gold resource of approximately three million ounces. The project is located in central Mozambique, approximately 270 kilometres from the port city of […]

Carbon Conscious stands in support of federal government’s carbon floor price

THE BOURSE WHISPERER: Carbon Conscious has raised its hand in support of the announcement by the Australian federal government of plans to link the Australia carbon market to the European emissions trading scheme (ETS) by 2015. The European ETS is the largest carbon market in the world covering 30 countries and in excess of 530 […]

Liontown roars into new drill program

THE DRILL SERGEANT: Liontown Resources has commenced a new program at the company’s Jubilee Reef gold project in Northern Tanzania. The current program was undertaken on the back of results the company received from a drilling program conducted on the project in June-July this year. Liontown has received results from a series of ‘cross-holes’ it […]

Early Bird registration offer for Mining 2012

Resources conference specialists Vertical Events  are offering an Early Bird Registration at the discounted rate of $1,100.00 (incl. GST) to attend the company’s upcoming Mining 2012 Resources Convention in Brisbane. The final day to take advantage of this offer is close of business Friday 31 August 2012. (Perth time) Running over three days at the […]

Tiger and Chrysalis form Zambia-focused alliance

THE BOURSE WHISPERER: Tiger Resources has formed a strategic alliance with Zambia-focused copper explorer Chrysalis Resources. The deal will entail Tiger investing up to $1.68 million to acquire a 19.9 per cent interest in Chrysalis by subscribing for any shortfall shares arising under Chrysalis’s current rights issue and/or taking a separate placement of Chrysalis shares. […]

Sheffield takes Eneabba over 5Mt of heavy minerals

THE BOURSE WHISPERER: Mineral sands explorer Sheffield Resources has added to the resources base of the company’s Eneabba heavy minerals sands (HMS) project in Western Australia with the announcement of a maiden Mineral Resource for the Durack prospect. Durack is one of six deposits Sheffield has identified within the Eneabba project. Three other deposits (West […]

Australian Mines identifies new targets at Yargarma

THE BOURSE WHISPERER: Australian Mines has received the final interpretation from a high-resolution aeromagnetic survey that was recently conducted over the company’s 100 per cent-owned Yargarma project in northwest Nigeria. According to Australian Mines the interpretation has identified a number of gold targets within the Yargarma project, of which three have been classified as ‘high […]

Rox defines potential zinc discovery

THE BOURSE WHISPERER: Rox Resources has announced the retrieval of historic drilling results that it claims indicate a new potentially high grade zinc deposit located near the McArthur River zinc mine on the company’s Reward zinc project in the Northern Territory. The find was made by Rox’s partner, Teck Australia as part of its work […]