ALL THE NEWS
PanAust acquires remainder of Carmen copper‐gold deposit in Chile.
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: PanAust Limited has acquired the balance of the tenements, which it did not already own, over the Carmen copper‐gold deposit in Chile. The total acquisition cost for Carmen was US$14 million in two tranches following PanAust having acquired the first tranche of tenements in 2010 for US$6 million. The now 100 per […]
Mithril completes Illogwa spend at Sammy JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Base metals explorer Mithril Resources has earned an 80 per cent interest in the Illogwa IOCG Target Area tenements under the Sammy Joint Venture by completing expenditure of $2 million. Illogwa is situated on Mithril’s Huckitta project, which is located east of Alice Springs in the Northern Territory. Project location plan. […]
Gindalbie shifts first train-load of Karara iron ore
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gindalbie Metals has dispatched the first train-load of iron ore from the company’s Karara iron ore project in Western Australia’s Midwest region. The event is an important one for Gindalbie as it represents the first time the Karara project’s integrated mine and rail logistics chain has been used. The shipment follows the […]
Peak gets more good drilling news from Ngualla
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Peak Resources has received results from drilling carried out at the company’s 100 per cent-owned Ngualla rare earth project in Tanzania. The drilling encountered new high-grade mineralised intersections from surface, which Peak said has confirmed exceptional grades exist at the project it claims to be the fifth largest rare earth project in […]
Gunson attracts Korean funding for zircon project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gunson Resources has struck a major funding deal with Korean steel producer POSCO in regards to Gunson’s Coburn zircon project. The Board of POSCO has approved an investment in the project, which will be within an unincorporated joint venture structure, through a special purpose investment vehicle (POSCO SPV), majority owned by POSCO, […]
Altura receives 18 per cent increase to Mt Webber estimate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Altura Mining has received an increase to the Ore Reserve estimates for the company’s Mt Webber Joint Venture Direct Shipping Ore project located in the Pilbara region of Western Australia. The new revised Ore Reserve estimate stands at 29.7 million tonnes of DSO at 57.3 per cent iron and replaces the previous […]
Clancy enters $3 Million JV with Mitsubishi
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Clancy Exploration has entered into a joint venture with Mitsubishi Materials Corporation of Japan on three copper-gold projects in New South Wales. Under the terms of the agreement, Mitsubishi has the right to earn 49 per cent of the Cundumbul, Currumburrama and Genaren projects by funding $3 million over three years with […]
Kentor pours first gold at Murchison
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kentor Gold can now add ‘Australian Gold Producer’ to its resume following the pouring of the first gold doré bar from the company’s Murchison gold project in Western Australia. The first gold doré bar weighed 1.13 kilograms (36.3 ounces) and has been estimated to be approximately 90 per cent gold. “This is […]
Mutiny receives permitting nods
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mutiny Gold has achieved a couple of key permitting milestones having had the Works Approval and a Groundwater Operating Licence granted for its Deflector gold-copper deposit. The Deflector gold-copper deposit is situated within the company’s Gullewa tenements located in the South Murchison region of Western Australia, east of Geraldton. Deflector deposit […]
Perseus granted Sissingue exploitation permit
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perseus Mining has been granted an Exploitation Permit (EP) by the Côte d’Ivoire government to the company’s Côte d’Ivoire subsidiary company Occidental Gold. The EP covers the development of the company’s Sissingué gold deposit (Perseus 85 per cent, Government and local partner 15 per cent), which is part of the Tengrela gold […]