ALL THE NEWS
Elvis has left the building Sept 15
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Appointment of CEO and […]
Consolidated Tin secures cornerstone investor
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian tin exploration and development company Consolidated Tin Mines has secured a major cornerstone investor for the Company’s Mt Garnet tin project, near Cairns in northern Queensland. The new investor is Hong Kong based investment company, Snow Peak International Investment. Snow Peak has taken an initial placement of $1.6 million into Consolidated […]
Cleveland completes $10M capital raising
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: South America-focused Cleveland Mining Company has completed a $10.1 million placement to sophisticated, professional and institutional investors. The placement will result in the issue of 29.7 million new ordinary shares at a price of 34 cents per share. A large portion of the shares have been allocated to Chinese businessman Wang Zhe, […]
Potash West extends landholding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Potash West has extended its exploration tenure in the Dandaragan Trough in Western Australia. The company has increased its landholding from an area of 2,107 square kilometres to 2,905 square kilometres. Potash West listed on the boards of the Australian Securities Exchange in May after closing a heavily oversubscribed $6 million Initial […]
Burns drilling encourages Octagonal
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Octagonal Resources has received results from a recently completed infill aircore drilling program carried out at the Burns prospect, located within the company’s Hogan’s project in Western Australia, which the company said have defined two zones of gold. Octagonal considers the Burns prospect to be a priority exploration target area that […]
Insider trading probe for Chinese predator
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australia’s corporate regulator, the Australian Securities and Investment Commission has commenced an insider-trading probe into a number of executives at private Chinese firm Hanlong Mining. The announcement of the investigation saw the shares of two mining companies; Sundance Resources and Bannerman Resources receive a belting on the Australian bourse as both are […]
Ark buys Indonesian project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sydney-based Ark Mines is about to gain control of a highly prospective and advanced exploration project known as the Masuparia Contract of Work (COW) located in Central Kalimantan, Indonesia. Control of the COW comes to Ark through the acquisition of 100 per cent Sphere Complex Limited, a company which is the indirect […]
Barra executes Burbanks agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Barra Resources has formalised a tribute mining agreement with FMR Investments that it says will enable it to resume gold production at its Burbanks gold project in Coolgardie, Western Australia. Barra said the new alliance gives the company a revenue stream in times of record gold prices at the lowest possible risk […]
Sheffield scores at Irwin
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bulk minerals explorer Sheffield Resources has received results from a 31 hole drilling program at its Irwin heavy mineral sand (HMS) project located 80 kilometres southeast of the port of Geraldton in the Mid West region of Western Australia. Sheffield said the latest drill results from Irwin, combined with results of drilling […]
Gryphon Minerals sharpens Stinger
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: West Africa-focused gold play Gryphon Minerals has received encouraging results from an initial round of RC and diamond drilling on its new Stinger discovery located only 10 kilometres to the east of the Nogbele gold deposit and planned processing plant, at the company’s Banfora gold project in Burkina Faso. Gryphon said the […]