ALL THE NEWS

Minbos increases Cabinda phosphate Resource

THE BOURSE WHISPERER: Emerging phosphate developer Minbos Resources has announced Inferred Resource Estimates for the company’s Chivovo and Chibuete deposits. The new estimatyes have, in-turn, increased in the total resource estimate for Minbos’ Cabinda phosphate project located in the Republic of Angola. The Chivovo deposit contains a JORC compliant inferred resource of 6.7 million tonnes […]

Wolf signs up big money

THE BOURSE WHISPERER: Specialty metal exploration and development company Wolf Minerals has appointed UniCredit Bank AG (UniCredit Corporate & Investment Banking), ING Bank N.V. and Caterpillar Financial SARL to provide senior debt finance facilities totalling GBP£55 million (AUD$80.1 million). The company will use the monies to fund the commercial development of its Hemerdon tungsten and […]

Forge buys Balla Balla

THE BOURSE WHISPERER: Forge Resources has signed all the necessary legally binding agreements with Atlas Iron to acquire the Balla Balla magnetite, vanadium and titanium project in Western Australia. The Balla Balla project came into Atlas’ possession after it acquired Aurox Resources in August 2010. Balla Balla is located near the Pilbara coastline, approximately 100 […]

Metaliko enters JV with KMC

THE BOURSE WHISPERER: Perth-based gold explorer Metaliko Resources has entered into a mining and treatment Joint Venture agreement with Kalgoorlie Mining Company at the former’s Anthill gold project. Metaliko has defined a gold resource of 160,600 ounces of contained gold at Anthill from five million tonnes at a grade of one gram per tonne gold. […]

Millennium updates Nullagine numbers

THE BOURSE WHISPERER: Millennium Minerals has reported an update of the gold Mineral Resource and Ore Reserve Inventories for the company’s Nullagine gold project in in the East Pilbara District of Western Australia. The global Mineral Resource estimate for the Nullagine project now stands at 34.68 million tonnes grading at 1.19 grams per tonne gold […]

Aphrodite re-estimates Chameleon

THE DRILL SERGEANT: Aphrodite Gold has estimated a new Exploration Target for its Chameleon prospect. The new target for Chameleon is 2.1 to 2.5 million tonnes at between 1.4 and 1.9 grams per tonne gold for approximately 100,000 to 140,000 ounces of gold at a cut-off of 0.5 grams per tonne gold. The Chameleon prospect […]

Cove encouraged by Goongarrie drilling

THE DRILL SERGEANT: Cove Resources has been encouraged by results it has received from a second drilling program carried out on the company’s Goongarrie project in Western Australia. The Goongarrie project is made up of five Prospecting Licences that cover the historic Goongarrie gold mining centre situated in the Eastern Goldfields of Western Australia. Cove […]

Chalice fills up on drill results

THE DRILL SERGEANT: Chalice Gold Mines has received high-grade gold intercepts from diamond drilling carried out at the company’s recently discovered Debre Konate prospect. The Debre Konate prospect is situated immediately south of the soon to be developed Koka gold deposit at its Zara project in northern Eritrea.   Location of Zara Project and other […]

ZYL considers EOIs

THE BOURSE WHISPERER: Perth-based coal play ZYL Limited has been on the receiving end of two unsolicited expressions of interest from industry participants to either partner with or acquire the company. ZYL has two coal projects located in South Africa, the Kangwane project and the Mbila project.   Kangwane location map. Source: Company web site. […]

Carnegie makes waves in Chile

THE BOURSE WHISPERER: Carnegie Wave Energy has completed a site assessment study for projects using its CETO technology along the Chilean coast and the appointment of a South American Development Partner. Carnegie has been working in conjunction with its Chilean representative and local development on opportunities for its CETO technology within the South American country. […]