ALL THE NEWS
Mining states approve rail links
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The synergy between resources and infrastructure has been highlighted by the approval of new railway projects in both of the country’s major mining jurisdictions. Aquila Resources announced it has received conditional approval from the Western Australian Minister for the Environment for the construction and operation of mining and associated infrastructure, including a […]
Doray delivers Christmas bonus
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Doray Minerals has added to the high-grade Wilber Lode Resource at the Andy Well gold project (Doray 80 per cent). The combined Inferred and Indicated Resource for the Wilber Lode and two associated quartz vein lodes now totals: – 691,000 tonnes at 14.8 grams per tonne gold for a total of 329,000 […]
Hillgrove produces first Kanmantoo concentrate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hillgrove Resources has produced the first copper concentrate at the company’s Kanmantoo copper mine project, south-east of Adelaide in South Australia. The grades of the initial concentrate are in the range of 24 per cent to 27 per cent, which the company said it considers being excellent given the low-grade feed that […]
Aquila completes Gravenhage DFS
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aquila Steel SA, a wholly owned subsidiary of ASX-listed Aquila Resources, has completed a Definitive Feasibility Study for the Gravenhage manganese project situated in the north of its Avontuur prospecting right in the Kalahari region of South Africa. Aquila said it considers the project to hold potentialfor the discovery of high-grade manganese […]
AMMG signs MoU No2
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australia Minerals and Mining Group, through its wholly-owned subsidiary Yilgarn Iron, has signed a further memorandum of understanding (MOU) with Queensland-based Anhui Lianghuai Resources, the wholly owned subsidiary of the Anhui Provincial Bureau of Coal and Geology. Both parties signed an earlier MOU in August 2011 relating to the development of […]
NuCoal secures Waratah berth
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: NuCoal Resources has secured port allocation with Port Waratah Coal Services for the company’s 100 per cent-owned Doyles Creek Underground coal project. The company said the allocation will provide it with one million tonnes of capacity per year at the port commencing in 2015. The commencement of the allocation ties in with […]
Laconia makes move to Peru
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perth-based Laconia Resources has reached an agreement to acquire the Rasuhuilca project, an advanced gold-silver development project in Peru. The project has been acquired from Gold Mines of Peru and as part of the transaction, Laconia will also pick up GMP’s other Peruvian projects, the Motil and Porcuchia gold-silver tailings projects. […]
Kalgoorlie boosted by Bullant bite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kalgoorlie Mining Company has reported the latest instalment of drilling results of the East Lode at the company’s Bullant gold mine. KMC has completed a further 22 holes, which have provided the final drill results from an exercise the company carried out that was aimed at defining extensions along strike and at […]
Bassari starts Senegal program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bassari Resources has commenced a program of combined reverse circulation and diamond drilling at the company’s Konkouto prospect in Senegal, West Africa. Konkouto is one of 13 gold prospects Bassari has identified along 80 kilometres of strike situated within the Birimian Gold Belt in Senegal. The company’s exploration permits are surrounded by […]
Global Resources commences Turkey drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Global Resources Corporation has kicked off an initial program of 10 diamond drill holes at its Aktarma gold project, located in western Turkey. Global Resources described Aktarma as a low sulphidation hydrothermal system, with a structure identified over 1.5 kilometres, which is open. “It is great to see that we are making […]