ALL THE NEWS
Mining industry supports Bicycle charity
/in Uncategorized /by Wally GrahamA number of mining industry-related companies are getting behind Bicycles for Humanity. Bicycles for Humanity, or B4H in modern technology speak, describes itself as, “A world-wide, grass roots, volunteer run organisation focused on simple, sustainable empowerment in the developing world”. It does this in the most elementary and practical way – by sending used donated bikes […]
Cleveland hits encouraging drill results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Recent drilling carried out by Perth-based South America-focused Cleveland Mining Company at its O Capitão gold project has discovered gold‐bearing mineralisation located less than 10 kilometres from the company’s Premier gold project in Brazil. The drilling delineated a 250 metre strike‐length of multiple, stacked, mineralised zones with variable down‐hole widths ranging from […]
Black Fire checks out DRC copper prospect
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Perth-based diversified exploration play Black Fire Minerals has entered into an exclusive due diligence and option agreement with Canadian private company, Rift Valley Minerals and private Democratic Republic of Congo company, TSM Entreprise. The agreement is for the acquisition of up to 54% effective equity in the Kangeshi copper-silver project located in […]
Avanco Resources defines new Brazilian anomaly
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Brazil-focused copper exploration play Avanco Resources has been active in the nickel-platinum sphere having defined a third nickel-copper anomaly has at its Conceição project. The latest soil survey carried out by Avanco at Conceição has continued the company’s runoff identification of priority drill targets with the most recent being a nickel-copper anomaly […]
Centaurus provides Brazil map for Atlas
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Leading Pilbara iron ore producer Atlas Iron has added an international outlook to its portfolio by agreeing to take a strategic 19.9% stake in Brazil-focused Centaurus Metals. The deal is part of what the companies have referred to as, “a wide-ranging strategic alliance that includes technical, development and product marketing support”. Under […]
Busy quarter for Bauxite Resources
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: It was a busy June quarter for Australian bauxite exploration play Bauxite Resources with the announcement of two maiden resources. The two resources have increased the company’s total bauxite resource to 24.8 million tonne at 41.1% Total Alumina, 30.6% Available Alumina with 3.9% Reactive Silica. All of these resources are within the […]
Norton to raise $27.7 million
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: West Australian-based gold producer Norton Gold Fields has executed a Subscription Agreement with Zijin Mining Group for the private placement of just over 138 million shares at a price of $0.20 per share. Once completed, the placement will raise $27.67 million giving Zijin’s a 16.98 per cent shareholding in Norton. “We are […]
Artemis Resources increases Mt Clement
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Gold-focused exploration company Artemis Resources has announced a JORC-compliant resource estimate for the Mt Clement gold project located in Western Australia. Artemis is the operator of the Mt Clement in a joint venture with Northern Star Resources (20%). The new estimate indicates a total Inferred Resource of 1,131,600 tonnes at 1.77 grams […]
Altona Mining smells the Roseby
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Perth-based copper exploration play Altona Mining has upgraded the resource at its 100% owned Roseby project in Queensland. The global resource estimate for the project has increased to: – 177 million tonnes at 0.6% copper and 0.06g/t gold for 1.1 million tonnes of copper and 296,000 ounces of gold. Altona said the new […]
Havilah to Acquire 100 per cent of Kalkaroo project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Multi-commodity junior exploration company Havilah Resources is set to acquire from Glencore International, that company’s rights in the mining tenements and the Feasibility Study of the Kalkaroo project. The Kalkaroo project is a medium-size copper-gold deposit containing over 320,000 tonnes of copper and almost 1 million ounces of gold in a measured […]