ALL THE NEWS
Navarre hits more high-grades at Tandarra
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Victorian gold exploration play Navarre Minerals has announced further high-grade gold results from a Reverse Circulation (“RC”) drill program currently underway at the Tandarra prospect, part of the company’s Bendigo North project, located 40 kilometres north of Bendigo. Highlights from the current drilling campaign include: – 4 metres at 9.2 grams per […]
IMX inks new sales contract and revises work plan
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IMX Resources has struck a Life Of Mine sales contract with Vingo Resources for 50 per cent of all ore produced from the Cairn Hill mining operation located 55 kilometres south-east of Coober Pedy in South Australia, close to the Darwin – Adelaide railway. The Cairn Hill mining operation operates under a […]
Focus increases production in March quarter
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Focus Minerals produced 47,489 ounces of gold for the March 2012 Quarter, representing a 28 per cent increase on the company’s production from the December 2011 Quarter of 37,098 ounces. The company put the growth spurt down to an improved performance from its recently acquired Laverton operations and ongoing, consistent output from […]
De Grey announces 40 per cent increase in Turner River gold
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The news has been good for De Grey Mining with its farm-in partner on the Turner River gold project, Lansdowne Resources providing maiden estimates of gold resources for the Amanda and Mt Berghaus deposits. Using a cut-off grade of 0.5 grams per tonne gold the estimated resources are: Amanda: 687,000 tonnes at […]
Maiden Brazil drilling returns strong results for Centaurus
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Centaurus Metals has completed a maiden drilling program on the Fittipaldi prospect at its Serra da Lontra iron ore project in south-east Brazil, which has returned significant widths and grades of iron mineralisation. The company expects Serra da Lontra, located 110 kilometres from the export port of Ilhéus in the State […]
IOH banks final payment from Mineral Resources
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Iron Ore Holdings has received the final $21 million payment in cleared funds for the sale of the Lamb Creek and Yandicoogina Creek satellite tenements to Mineral Resources. The sale of these tenements was part of a transaction with Process Minerals International (PMI), a wholly owned subsidiary of Mineral Resources. The transaction […]
Silex subsidiary signs California solar deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: ASX-listed solar energy research and development company Silex Systems announced its wholly-owned subsidiary Solar Systems has secured a site in Beaumont, California for the construction of its first Concentrating Photovoltaic (CPV) solar power demonstration facility in the United States of America. According to Silex the grid-connected facility of up to one megawatt […]
Ironclad gets SA government nod for new port facilities
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IronClad mining has received approval from the South Australian Government on development application for port facilities designed for iron ore shipments from the company’s new Wilcherry Hill mine. The Wilcherry Hill iron ore project is located on the Eyre Peninsula and is an 80:20 Joint Venture between IronClad and Trafford Resources. The […]
Blackham fires up new drilling program at Matilda
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources has re-commenced drilling at the company’s Matilda gold project with a program of approximately 2,000 metres targeting the Matilda Mine area. The drilling will pay particular attention to shallow oxide mineralisation at the M10 prospect. The current drilling follows on from the company’s first campaign at Matilda in February, which […]
Reserve upgrade extends life of Nullagine JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian iron ore producer BC Iron has updated the ore Reserve at the Nullagine Iron Ore Joint Venture. The Nullagine JV is a 50:50 unincorporated joint venture between BC Iron and Fortescue Metals Group. The upgraded ore Reserve follows an assessment of the updated Mineral Resource at the Bonnie East deposit. […]