ALL THE NEWS

CO2 Group secures NZ carbon sequestration project

THE BOURSE WHISPERER: The New Zealand-based partner of ASX-listed CO2 Group Limited, CO2 New Zealand has secured a $10 million carbon sequestration project in with the Iwi Maori community on the Land of the Long White Cloud’s North Island. CO2 Group holds a 45 per cent interest in CO2 New Zealand. The project is to […]

Excelsior to commence drilling Kalgoorlie North

THE DRILL SERGEANT: Excelsior Gold is set to commence a further phase of reverse circulation and diamond drilling at its Kalgoorlie North project. The drilling is designed to provide the company with metallurgical samples and additional resource information at the Excelsior deposit. It will also test high-grade intercepts previously identified in historical drilling at Bulletin […]

Bass commences drilling campaign

THE DRILL SERGEANT: Bass Metals has commenced an expanded drilling program in the vicinity of its producing Hellyer Mine operations in northwest Tasmania. The company has recently completed a capital raising program of entitlements offer to shareholders resulting in $8.8 million hitting the company’s coffers. The raising has allowed Bass to announce an immediate doubling […]

West African recommences Burkina drilling

THE DRILL SERGEANT: West African Resources has resumed exploration following the recent wet season in Burkina Faso. The company’s 2011-12 field season program will include an extensive 200,000 metre drilling campaign, targeting further mineralisation at its 100 per cent-owned Boulsa gold project. Once the wet season ended in October, West African embarked upon its 2011-12 […]

Julian Hanna to step down as Western Areas Managing Director

THE BOURSE WHISPERER: After 12 years at the helm of Australian-based nickel sulphide explorer and producer Western Areas Julian Hanna has announced he will be stepping down as managing director of the company at the end of January 2012.   Hanna was one of the founders of a small nickel exploration play in January 200 […]

Peel lands kiwi tenements

THE BOURSE WHISPERER: New Zealand-focused exploration play Peel Mining has been awarded two exploration licences covering the Rise and Shine gold project, located about 20 kilometres northeast of Cromwell in Central Otago. The Rise and Shine gold project hosts a number of historic gold workings with historic production estimated at more than 180,000 ounces gold. […]

Sandfire inks DSO sale

THE BOURSE WHISPERER: Sandfire Resources has entered into a sales contract with international trading company MRI Trading AG where the latter will purchase 50 per cent of the Direct Shipping Ore to be produced from the former’s 100 per cent-owned DeGrussa copper-gold project in Western Australia. DeGrusa project location. Source: Company announcement Swiss based MRI […]

Greenearth signs $25M deal with Vic Government

THE BOURSE WHISPERER: Greenearth Energy has concluded negotiations with the Victorian State Government to execute a $25 million funding agreement for its Geelong Geothermal Power Project (GGPP). The $25 million Victorian Government grant funding was awarded to the company in December 2009 under the government’s Energy Technology Innovation Strategy (ETIS). The funding was awarded to […]

Wolf Minerals to list on AIM

THE BOURSE WHISPERER: ASX-listed Wolf Minerals is soon to be a multi-listed company as it seeks admission to the AIM market of the London Stock Exchange. AIM (Alternative Investment Market) is the London Stock Exchange’s international market for smaller emerging companies. It is considered to be the most successful growth market in the world, and […]

Westgold intercepts high-grades at South Fingall.

THE DRILL SERGEANT: Drilling carried out recently by Westgold Resources at the South Fingall prospect located in the Day Dawn Goldfield at the company’s Central Murchison gold project has intercepted a high-grade reef structure. According to Westgold the area has previously been subjected to wide-spaced shallow drilling, which defined a small open-pittable mineral resource of […]