ALL THE NEWS

Azimuth extends Smarts

THE DRILL SERGEANT: South America-focused Azimuth Resources has received more results from drilling at its 100% owned Smarts prospect located within the company’s West Omai gold project in Guyana. Assay results of the first two deeper resource holes have been received with both reporting healthy intersections and demonstrating continuity with mineralisation intersected immediately up dip […]

The disconnect between gold prices and gold equities

One of the curious aspects of the surge in gold prices over the past few years has been the relative lack of performance by the companies that actually dig, produce and make the stuff – gold producers. And it’s not just Australian gold companies either; this has essentially been a worldwide phenomenon. Unfortunate and bewildered […]

Glenn McGrath maintains line and length

Line and length were always vital elements of Glenn McGrath’s armoury now he is out to maintain the line and length of the industry’s conveyor belts. While visiting an old mate during a family ski holiday to Canada, Australian cricket legend Glenn McGrath was introduced to a totally new playing field. McGrath first met his new […]

Nemex confirms iron ore mineralisation

THE BOURSE WHISPERER: West Africa-focused iron ore exploration play Nemex Resources has announced results of 17 ironstone samples from its Coastal project located in western Guinea. The samples were collected as part of a program to target a regionally extensive ironstone unit across the company’s exploration licence portfolio. These samples are from the 244 square […]

Cortona signs processing agreement for Dargues Reef

THE BOURSE WHISPERER: Emerging Australia gold company Cortona Resources has entered into a License Agreement with Westlime. As a result of the agreement Cortona will operate the London Victoria gold processing plant near Parkes in New South Wales. The arrangement comes as an ideal solution to the company’s processing conundrum for gold-silver-pyrite concentrate from its […]

Southern Cross to acquire two deposits

THE BOURSE WHISPERER: Southern Cross Goldfields has entered into an option agreement with unlisted company Barranco Resources to acquire two oxide gold deposits. The two deposits, Red Legs and Die Hardy, are located 30 kilometres north of Southern Cross’ Marda gold project in Western Australia. Together they comprise total JORC Inferred Resources of 1.7 million […]

Barnett lets off embarrassing gas gaffe

The understanding of the Liquefied Natural Gas industry by Western Australian Premier Colin Barnett came under scrutiny this week. Barnett told ABC Radio’s AM program there were two ways LNG could be transported around the country. “You can pipe it – that’s possible but probably the more expensive option,” he said. “What Australia could well […]

Ark combs over Bald Hills

THE DRILL SERGEANT: Recent drilling carried out by Ark Mines has provided the New South Wales-focused polymetallic exploration play with encouragement. The drilling was undertaken on the company’s 100% owned Mt. Dijou project at Bald Hills and has returned gold intercepts at shallow depths. The 500 metre Reverse Circulation program was designed to test shallow […]

Sheffield announces maiden resource at Yandanooka

THE BOURSE WHISPERER: Bulk minerals explorer Sheffield Resources has announced a maiden Resource estimate for its Yandanooka heavy mineral sand (HMS) project located in the Mid West region of Western Australia. The estimate has come in at 1.84 million tonnes of contained heavy mineral (71.75 million tonne at 2.6 per cent heavy mineral in Indicated […]

Tawana acquires Liberian land package

THE BOURSE WHISPERER: West Africa-focused Tawana Resources has acquired, what it described to be, “a highly prospective land package” located in Sinoe County, south-eastern Liberia. Called the Sinoe project, the acquisition is considered by Tawana to be an opportunity for the company to explore prospective Birimian geology in Liberia along strike to an emerging gold […]