ALL THE NEWS
Atlas aquires remaining Daltons iron ore rights at Mt Webber
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Atlas Iron has announced that it has entered into a binding Heads of Agreement to acquire the remaining 25 per cent of the iron ore rights on the relevant Daltons joint venture tenements it does not already own from Haoma Mining. “The acquisition of this remaining interest in the Daltons tenements is […]
Trafford Enters into Iron Ore Agreement with Independence Group
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Trafford Resources has announced to the ASX that it has signed a letter agreement with Independence Group NL whereby Trafford can enter into a Joint Venture for the iron ore rights of two Mid-West iron ore projects, Twin Peaks and Moorarie, northwest of Geraldton, Western Australia. The Twin Peaks project covers […]
Silver Lake to acquire Phillips River assets
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gold exploration and production company Silver Lake Resources announced today that an agreement had been reached for Phillips River Mining to sell its assets to Silver Lake for a transaction value of approximately 20 million dollars. The agreement comes after a proposed Scheme of Agreement was terminated on 12 March 2012. Under […]
Monax identifies graphite potential on Waddikee Project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: In a release to the ASX today, Monax Mining announced plans for a drilling program to test widespread graphite evident from previous exploration at its Waddikee Project on the central Eyre Peninsula, South Australia. The planned exploration program follows a comprehensive review by the company of historical exploration data showing in excess […]
Taruga unearths historic Kossa data
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Recently-listed West Africa-focused exploration play Taruga Gold has gained access to a trove of historic drill results for the company’s Kossa project in Niger. Taruga recovered the data through the Niger Ministry of Mines from archival searches, which was not available at the time of the company’s Initial Public Offering in February. […]
Accountants on watch as pollies play MRRT word bingo
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: As politicians from both sides of the House on the Hill in Canberra set sail on a point-scoring free-for-all over the passage of the MRRT on national accounting firm reminded us all of what it means. The Minerals Resource Rent tax passed through the Australian Senate on Monday giving the perfect opportunity […]
Castle intersects gold at Wa South
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: West Africa-focused gold exploration play Castle Minerals has kicked off its maiden RC drill testing program at the Wa South prospect, part of company’s 100 per cent-owned Wa Project located in Ghana. The first-up wide-spaced RC drilling has intersected zones of oxide and bedrock gold mineralisation within Birimian meta‐sediments. RC drill […]
Phillip Gallagher – Canyon Resources
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Canyon Resources managing director Phillip Gallagher is a busy man with his company currently working up five greenfields projects in the gold boom African country Burkina Faso. As busy as he is he was still able to take a few minutes to tell us what progress Canyon is making. You have […]
Breakaway to start new exploration at Eloise
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Breakaway Resources is about to embark on a new phase of exploration activities at its 100 per cent-owned Eloise exploration project in North Queensland. The new raft of exploration activity will concentrate on the Sandy Creek copper-gold discovery and new target areas immediately along strike from the operating Eloise copper mine. The […]
Kaboko signs offtake with Sinosteel
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Zambia-focused manganese play Kaboko Mining has signed a strategic offtake agreement with Sinosteel Australia for exports of high quality, high grade lump manganese ore to China. Sinosteel Australia is a subsidiary of Chinese conglomerate Sinosteel Corporation, one of China’s largest State-owned enterprises. Under the terms of the binding off-take agreement with Sinosteel, […]