ALL THE NEWS
Bassari drills while awaiting Resource upgrade
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Melbourne-based gold explorer Bassari Resources has commenced reverse circulation (RC) drilling at the company’s Bennajiggi prospect, situated within its Moura permit in Senegal, West Africa. The company is awaiting results for a resource upgrade at its Makabingui gold project, which it said is on track to be released before the end of […]
Centaurus commences new drilling program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Centaurus Metals has commenced a round of Reverse Circulation (RC) drilling its Jambreiro iron ore project in south-east Brazil. The new drilling program is part of a Bankable Feasibility Study work program. RC Rig drilling at Jambreiro project. Source: Company announcement “The RC in-fill program, which is one of several […]
Be it ever so humble…????
/in Uncategorized /by Wally GrahamWorking on a mine site is hard, dirty work, which is more often than not carried out in the most remote locations. Fly In Fly Out employees work rosters that require leaving their ‘real’ homes behind for days, sometimes weeks, on end. Speak with any mining company executive and they will tell you one of […]
Stock Picking is Far From Dead!
/in Uncategorized /by Wally GrahamFor speculators and market participants the last eight months have been extremely tough going and for the stock pickers amongst us the viability of our strategy would have been tested. The junior resource sector after a positive start in January/February 2011 has been decimated due to extreme Dow volatility and European debt concerns despite strong […]
Stonehenge divests Tassie assets
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perth-based South Korea-focused exploration play Stonehenge Metals has reached an agreement with fellow Western Australian ASX-listed RMG Limited. The agreement will result in Stonehenge selling off two of its non-core tenements in Tasmania. Under the terms of the agreement RMG will purchase 100 per cent of the two tenements in question, which […]
Blackthorn un-wraps first Perkoa parcel
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackthorn Resources has extracted the first parcel of mineralised ore from underground workings at the Perkoa zinc project in Burkina Faso, West Africa. The Perkoa Project is currently being developed by a joint venture between Blackthorn Resources (39.9%) and Glencore International (50.1%), with the remaining interest held by the Government of Burkina […]
Hillgrove moves first concentrate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hillgrove Resources has commenced trucking concentrate from its Kanmantoo copper mine to Port Adelaide, where it is to be stored awaiting ship-loading in early 2012. Hillgrove has approximately 1,000 tonnes of copper concentrate in the concentrate storage shed at Kanmantoo. This stash is currently being added to by production of between 150 […]
EPA waives Poseidon Windarra assessment
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Andrew Forrest-led Poseidon Nickel has received news that its Windarra nickel project in Western Australia will not require formal assessment by the Environmental Protection Agency (EPA). Instead the environmental approval for the project is to be managed under Part V of the Environmental Protection Act of 1986. Receipt of this conditional waiver […]
Iron Road upgrades Central Eyre Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Iron Road has announced resource upgrade at the company’s 100 per cent-owned Central Eyre iron project (CEIP) in South Australia. Iron Road has increased the Mineral Resources at CEIP from 1.33 billion tonnes to 2.10 billion tonnes, with 1.11 billion tonnes in the Indicated category. The upgrade comes as part of an […]
MacPhersons adds tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: MacPhersons Reward Gold has entered binding agreements to acquire 40 square kilometres of additional tenements situated around and between the company’s recently acquired Nimbus and Boorara tenements. The agreements are with four neighbouring tenement holders that will result in the acquisition of various tenements situated adjacent to the Nimbus silver-gold-zinc mine site, […]