ALL THE NEWS
Minotaur sell Roxby Downs tenements to BHP for $10M
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minotaur Exploration has entered into a Sale and Purchase Deed with BHP Billiton Olympic Dam Corporation relating to the sale of five of the former’s exploration tenements in the Gawler Craton in South Australia. The deal has been struck between Minotaur’s wholly-owned subsidiary Minotaur Operations (MinOps) and BHP Billiton and Billiton Exploration […]
South Boulder hits new potash zone in Eritrea
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Resource extension diamond drilling undertaken by Eritrea-focused potash exploration play South Boulder Mines has intersected further high-grade shallow potash situated between two existing resource zones at the company’s Colluli project. South Boulder said the combination of the shallow nature of the additional mineralisation with its high-grade and location provides potential to boost […]
Straits hits spectacular copper intersection
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Straits Resources released a short yet fairly succinct announcement to the Australian Securities Exchange proving that in some situations words can be superfluous. The company has received assay results from a hole recently drilled at its Avoca Tank prospect in New South Wales. The assay results for Hole TATD017 returned: – 84 […]
Tunkillia scoping study provides good news for Mungana
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mungana Goldmines has completed a scoping study on the Tunkillia gold project, located in the Gawler Craton of South Australia. Mungana holds a 55 per cent majority interest in the project, which has a JORC-compliant resource of 15.6 million tonnes at 1.6 grams per tonne gold for 803,000 ounces of gold to […]
Ivanhoe gets Rio funding while Friedland gets the push
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rio Tinto and Canada-based Ivanhoe Mines have finally reached an agreement concerning the development of the Oyu Tolgoi copper-gold mine in Mongolia. Ivanhoe Mines is the majority stakeholder of Ivanhoe Australia with a 59 per cent majority shareholding. Rio Tinto has agreed to support and provide certain elements of a comprehensive funding […]
What the Brokers say
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Every now and then The Roadhouse obtains research notes from different broking establishments. Here’s a couple that hit our inbox this week. Jacka Resources (ASX:JKA) Recommendation: Speculative Buy The Most Undervalued African Explorer on the Market. Scott Spencer (chairman) and Richard Aden (executive director) from JKA gave a highly impressive […]
Investigator extends Paris gaiety
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources has received the final batch of assays for a program of reverse circulation percussion (RCP) drilling the company completed at its Paris prospect, located on the Eyre Peninsula of South Australia in late February. The company said the final batch of assay results has produced a number of high silver […]
Blackham looks to unlock secrets of Wiluna
/in Uncategorized /by Wally GrahamOUT AND ABOUT: Perth-based gold explorer Blackham Resources has told the Paydirt 2012 Australian Gold Conference making up for an historic lack of detailed drilling is the key to unlocking its future gold opportunity in one of Western Australia’s oldest goldfields. Presenting on the second day of the Perth conference Blackham Resources managing director Bryan […]
Ian Fairnie – Edutravel
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Ian Fairnie is a member of the Stockwatch Group, which conducts regular top performing ASX-listed company briefings at the Western Australia Club in Perth. He is also executive director with Edutravel, which is gearing up to lead a group of investors on a business-focused educational tour of China in October. […]
Gold price to hit US$5,000 by 2016
/in Uncategorized /by Wally GrahamOUT AND ABOUT: Opening his address to the Paydirt 2012 Australian Gold Conference, Barry Dawes managing director of Sydney-based Martin Place Securities held a quick poll via a show of hands to ascertain the audience’s bull or bear sentiments towards gold. The bulls took the result, which is probably not so surprising given the […]