ALL THE NEWS
Monto revises Baal Gammon resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Monto Minerals has released a revised Resource calculation for the Baal Gammon mine located within the Herberton Tin Field of Northern Queensland. The new calculation was derived from a 28 hole diamond drilling program conducted by Kagara at the Baal Gammon mine, which was completed in October 2011. The revised Baal Gammon […]
Discovery announces Maiden Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Discovery Metals has reported an initial Mineral Resource estimate at the Selene deposit, located in north western Botswana. The Resource calculation stems from the completion of 52 drill holes totalling 5,343 metres. The Maiden Inferred Mineral Resource for the Selene deposit totals 16 million tonnes at 1.0 per cent copper and 15.9 […]
Bassari hits more gold in Senegal
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Melbourne based gold explorer Bassari Resources has received initial results from a reverse circulation (RC) drilling program carried out during December 2011 at its Konkouto prospect in Senegal, West Africa. According to the company the results have indicated a zone of gold mineralisation, which Bassari claims confirms the discovery of a new […]
Lincoln awarded new EL
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Emerging iron ore miner, Lincoln Minerals has been granted an additional iron ore prospective Exploration License, named Nantuma, located near Warramboo on South Australia’s central Eyre Peninsula. Nantuma is immediately adjacent Iron Road’s 2.1 billion tonne iron ore deposits. Lincoln said the new license adds to its portfolio of near mining and […]
Mincor picks up Kambalda tenement package
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian nickel miner Mincor Resources has added a further tenement package to its land-holdings in the Kambalda nickel district. Mincor is acquiring the tenements from fellow ASX-listed Jupiter Mines through the execution of a Sale Agreement. The acquisition comes at a total cost of $200,000, however it remains subject to a number […]
IronClad raises $6M on eve of construction
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: As it prepares to begin construction work on its Wilcherry Hill mine on the Eyre Peninsula in South Australia IronClad has announced the raising of $6 million. The cash has been raised through the placement of 7.5 million shares with Hong Kong-based resources industry investor, New Page Investments. The agreed price for […]
LogiCamms awarded Rio Tinto contracts
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Engineering and project delivery company LogiCamms has been awarded two design contracts for work to be carried out at Rio Tinto’s iron ore port assets in Western Australia. The contracts have a combined value of $8.3 million and will entail the initial phase for the upgrade of significant electrical infrastructure. LogiCamms said […]
Perseus completes Edikan commissioning
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perseus Mining has completed commissioning at its Edikan gold mine, located in Ghana, West Africa taking the company through the transition of becoming a commercial gold producer. The commissioning was carried out during December 2011 and, according to the company, resulted in similar throughput and gold production as it had achieved in […]
Carpentaria locks up Braemar province
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Carpentaria Exploration says it has strengthened its position as a leading tenement holder in the Braemar Iron Province. The company’s pronouncement was supported by the announcement of a new joint venture agreement with Maosen Australia that gives Carpentaria the chance to earn a 100 per cent interest an exploration licence in South […]
Ram identifies new Greenland targets
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Greenland-focused rare earths explorer Ram Resources has received final results from reconnaissance exploration work recently completed at the Voskop and Drysdale targets within the company’s Motzfeldt project in South Greenland. Ram currently holds 51 per cent of the Motzfeldt project, with the right to move to 100 per cent. “Regional exploration during […]