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Envirogold completes trial mining Australian-based mineral resources company, EnviroGold has completed a trial mining exercise on its Las Lagunas gold tailings project in the Dominican Republic. The company said the trial demonstrated ease of operations under dry conditions, and confirmed contractor’s pricing. “It is exciting for the company to be nearing gold and silver production […]

Ovoot coal gets the nod

THE BOURSE WHISPERER: Mongolia-focused coal play Aspire Mining has received the thumbs up for the coal at its wholly-owned Ovoot coking coal project, located in northern Mongolia Ovoot project. In a recently prepared marketing report international coal market consultants Wood Mackenzie confirmed coking coal from Aspire’s Ovoot project had highly attractive properties that would meet […]

Hong Kong Hothouse keeps Humming along

Well, the footy season is almost over, it is for my footy team anyway. They seem to think Bali, Phuket, or Hong Kong to be better options than the MCG in September…have for most of their history actually. I digress, but having just come back from Hong Kong, I can actually see what they are […]

Australian M&A activity reaches record high

Australian M&A activity reaches record high Merger and acquisition activity has been fairly hot recently according to a recent report. In its Australasia Investment Banking Snapshot released last week Thomson Reuters said Australian-involvement in mergers and acquisitions had reached a record high of US$130.3 billion so far this year. The business information group said this […]

Heritage eyes gold potential at Rahu

THE BOURSE WHISPERER: New Zealand and Australian dual-listed exploration play Heritage Gold has received results from a geophysical survey of the Rahu gold prospect, situated within the Karangahake project in New Zealand Heritage said the results show wide low to moderate grade gold zones appearing to narrow at depth to what it considers may be […]

Altura and Atlas increase Pilbara reserves

THE DRILL SERGEANT: Pilbara-focused Atlas iron Joint Venture partner Altura Mining has announced an increase to the Ore Reserve estimate for the Mt Webber Direct Shipping Ore project. The standings for each partner in the Mt Webber JV are 30% Altura Mining / 70% Atlas Iron. The new JORC compliant Ore Reserve estimate for Mt […]

Copper gold hits for Golden Rim Resources

THE DRILL SERGEANT: West Africa-focused gold play Golden Rim Resources has hit copper and gold intersections during a second program of reverse circulation drilling on its Balogo project in Burkina Faso. Golden rim completed a total of 35 RC drill holes in the Phase 2 drilling program, which focussed on the southwest part of the […]

Elvis has left the building August 19

THE 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: Resignation of Non-executive Director […]

Voyager acquires 50 per cent of KM project

THE BOURSE WHISPERER: Perth-based Voyager Resources has acquired a 50 per cent interest in the KM copper porphyry project in the South Gobi Region of southern Mongolia. The KM copper project is located in the Edrene Island Arc Terrain, which extends across the Gobi and southern regions of Mongolia. The region hosts a number of […]

Toro confirms Theseus uranium discovery

THE DRILL SERGEANT: Almost uranium miner Toro Energy has confirmed current drilling from its Theseus prospect in Western Australia has demonstrated it to be a large uranium mineralised system measuring at least 7.5 square kilometres in area. The company said uranium mineralisation reported has defined grades at levels that it considers, warrant further economic analysis. […]