ALL THE NEWS
Middle Island cuts out assay middle man
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The frustration being caused by delays on assay results felt by companies exploring in West African nations has reached breaking point for Middle Island Resources. After doing a bit of shopping around for the best equipment available Middle Island has ordered a dedicated, fully equipped, containerised sample preparation laboratory from South Africa. […]
Green Rock scores WA Government funding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Geothermal play Green Rock Energy has received notice from Western Australia Minister for Environment and Water Bill Marmion that its application for Low Emissions Energy Development (LEED) funding for its Mid West Geothermal Power Project has been successful. Green Rock had applied for, and has received all of, $5.38 million. The company […]
Phoenix Gold strengthens Castle Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Phoenix Gold has increased its Total Mineral Resources to 32.4 million tonnes at 1.8 grams per tonne gold for 1.835 million ounces of gold. This represents an increase of 208 per cent since the company acquired the project in 2010. The upgrade includes increases to resources at the company’s Castle Hill project […]
MOD increases Sams Creek estimate
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MOD Resources has increased the inferred mineral resource estimate for the company’s Sams Creek gold project in New Zealand by 33 per cent. The new JORC-compliant inferred resource estimate for Sams Creek now stands at 18.65 million tonnes at 1.71 grams per tonne gold, at 0.7grams per tonne cut-off to a revised […]
Australian Uranium Conference
/in Uncategorized /by Wally GrahamSubscribers to The Resources Roadhouse who are retail investors have been offered free admission to the Australian Uranium Conference by organisers Vertical Events. To take advantage of the offer you must pre-register by contacting prue@verticalevents.com.au The Australian uranium industry has consolidated in the past year and is looking forward to better times, with an upswing […]
FMG launches MRRT challenge
/in Uncategorized /by Wally GrahamTHE BAR EXAMINER: The gloves are off and the Australian Law Society is set to establish a third tier to the existing two-speed economy. The big smiles beneath the wigs came as Andrew Forrest’s Fortescue Metals Group lodged a challenge in the High Court of Australia today against the Federal Government’s Mineral Resources Rent Tax […]
Octagonal processing gold at Porcupine Flats
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Octagonal Resources has commenced processing gold-bearing ore from the A1 gold mine at the company’s Porcupine Flat gold processing facility at Maldon in Central Victoria. Location of the A1 gold mine with respect to Maldon. Source: Company announcement The A1 gold mine historically produced more than 450,000 ounces of gold […]
Silver Lake to commemorate 250,000oz production
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Silver Lake Resources has reached a production milestone with the first 250,000 ounces of gold bullion having been produced from the company’s Mount Monger operations. Ore mined at the Mount Monger operations is processed at the company’s Lakewood gold processing facility, located five kilometres south east of Kalgoorlie in Western Australia. […]
What the Brokers say
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Japan has hinted at reopening a couple of nuclear power reactors and we receive a couple of Broker’s notes on uranium plays; Coincident? BLACK RANGE MINERALS We see Black Range Minerals as a quality investment opportunity that offers exposure to the growing domestic uranium demand of the US market. We believe the […]
Sooner it’s dug, sooner you’re out!
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: During the week Rio Tinto announced it would be committing US$4.2 billion to develop its tier one iron ore business. The investment covers US$3.7 billion for expansion of the mining giant’s Pilbara iron ore operations in Western Australia. Also included in the announced spend-up is US$501 million earmarked for further infrastructure […]