ALL THE NEWS

Catalpa and Conquest score big institutional backing

THE BOURSE WHISPERER: The proposed merger between two of Australia’s highly regarded junior gold producers Catalpa Resources and Conquest Mining has attracted the attention of some big hitting new investors to the newly formed shareholder registry. Catalpa and Conquest announced an all scrip merger of equals and concurrent acquisition of Newcrest’s Cracow and Mt Rawdon […]

Golden Gecko nominations received

THE BOURSE WHISPERER: Western Australia’s Golden Gecko Awards for Environmental Excellence are celebrating their 20th anniversary this year. The Golden Gecko is a piece of objet d’art that is highly prized by mining companies to demonstrate their environmental awareness. The awards have again attracted a number of big name entries including BHP Billiton, Argyle Diamond […]

Carrick Gold encouraged by recent drilling

THE DRILL SERGEANT: Western Australia-focused gold explorer Carrick Gold has released the first results from drilling being undertaken at the company’s Brilliant deposit at the Kurnalpi project located 90 kilometres from Kalgoorlie. The Kurnalpi project comprises six deposits: Brilliant, Sparkle, Tinsel, Dazzle Discovery Hill and Half Way Hill. Brilliant is the largest of the six […]

Dragon Mining intercepts more Finnish gold

THE DRILL SERGEANT: Scandinavia-focused ASX-listed Dragon Mining informed the market regarding results from the second phase of drilling from the Juomasuo gold deposit at the company’s Kuusamo gold project in northern Finland. Analysis of the last three holes in the program returned promising gold intercepts, including 4.15m at 6.10 grams per tonne gold and 5.25m […]

Cove to acquire Alcoyne projects

THE BOURSE WHISPERER: Recently ASX-listed Cove Resources has entered into an agreement to acquire 100% of the Tally Ho and Mt Scott projects from Alcyone Resources. Tally Ho is located approximately 50 kilometres southwest of Mackay on the central Queensland coast and just seven kilometres from the Peak Downs Highway, which heads to the port […]

Impact to sell Nowthanna stake to Toro

THE BOURSE WHISPERER: Diversified exploration play Impact Minerals told the Australian Securities Exchange it has signed a non‐binding Term Sheet to sell its entire 40% beneficial share of the Nowthanna uranium deposit in Western Australia. The sale will be to fellow ASX-listed uranium explorer Toro Energy, which is the sole owner of the Wiluna uranium […]

Drake Resources expands West African footprint

THE BOURSE WHISPERER: Having acquired a portfolio of prospective gold exploration properties in Mauritania over the past 18 months, Perth-based Drake Resources set out earlier this year to identify areas of high gold potential in other West African countries. Drake was attracted to West Africa by, what it described as, the region’s outstanding discovery success […]

Battler takes shape for Southern Cross

THE DRILL SERGEANT: Southern Cross Goldfields told the Australian Securities Exchange that it has completed in-fill and extensional RC and diamond drilling undertaken at the Battler gold deposit in Western Australia. It also said that he drilling has reinforced the Battler deposit’s potential to become a high-grade feed source for the company’s proposed 400,000 tonnes […]

Galaxy suffers Chinese labour woes

THE BOURSE WHISPERER: Perth-based lithium company Galaxy Resources has learnt that labour shortages are not confined within Australian borders. The company has had to revise commissioning schedule of its Jiangsu lithium carbonate project due to construction and fabrication labour shortages in China’s Jiangsu region. The project’s Engineering, Procurement, Construction Management (EPCM) contractor, Hatch Engineering has […]

Elvis has left the building July 15

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: Gloucester Coal appoints new […]