ALL THE NEWS
Cockatoo Coal to sell 49 per cent of Woori project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Emerging Australian metallurgical and thermal coal producer Cockatoo Coal has reached an agreement with Mitsui Coal Holdings for the sale of a 49% in the Woori coal project. The Agreement involves the two companies and subsidiaries and will see Mitsui subsidiary MCH Surat Basin Investment acquire a 49% participating interest in the Woori […]
YTC hits best copper yet at Nymagee
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: YTC Resources has scored its strongest copper results so far from an ongoing drilling program being carried out on its Nymagee copper project (YTC-90%) in the Cobar Basin, New South Wales. The company has undertaken drilling at the southern end of the Nymagee mineralisation to test shallow copper sulphide mineralisation associated […]
Elvis has left the building July 8
/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 Chief Operating […]
Foreign Investment opens domestic development
/in Uncategorized /by Wally GrahamI’m thinking of going on a holiday to Greece, but I reckon it might have a bit of sovereign risk at the moment. The sovereign risk is entirely physically related, as the joint is basically bankrupt and the locals aren’t really happy with an American born Greek Prime Minister. It’s getting a bit xenophobic over […]
Maintaining perspective and ignoring the ‘noise’
/in Uncategorized /by Wally GrahamInvestors can be forgiven each morning for scratching their heads when they pick up their daily newspaper, fire up their PC, or switch on their iPad. The business headlines are either screaming doom and gloom, or conversely suggesting that the worst is over and that recovery is on the way. Certainly, there is little in […]
Winmar Resources signs $3M MOU
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Iron ore-focused exploration play Winmar Resources is set to raise $3 million having signed a Memorandum of Understanding with Santosh S Lad, a representative of Indian mining and steel producer VS Lad & Sons. In accordance with the MOU, Winmar has agreed to place 10 million 10 million shares in the capital […]
GBM Resources makes REE discovery
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Perth-based resources exploration company GBM Resources has discovered Rare Earth Element Yttrium Oxide (REEY) mineralisation at its Brightlands copper-gold project in northwest Queensland. The discovery was made while the company was undertaking a program of RC drilling on the Brightlands project at the Milo prospect. This current program is part of a […]
Cape Lambert increases Marampa
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Western Australian-based resources and investment company Cape Lambert Resources has announced a 245 per cent increase to the Mineral Resources at its 100 per cent owned Marampa iron ore project located in Sierra Leone. The total Indicated and Inferred Mineral Resource now stands at 680 million tonnes at 28.2% iron. “This is […]
Aguia to acquire Brazilian phosphate projects
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Australian potash and phosphate-focused exploration and development company Aguia Resources has signed an Option Agreement to acquire, what it describes as, two potentially large-scale phosphate projects located in the state of Rio Grande do Sul in southeast Brazil. Aguia has an exclusive option to acquire 100% of the Tres Estradas and Joca […]
Easy China
/in Uncategorized /by Wally GrahamThe rise of China as an economic powerhouse has been a fairly substantial contributing factor to Australia’s recent economic prosperity. This was made very clear in a speech given by Ouyang Cheng, who is currently Second Secretary for economic and commercial affairs of the Chinese Embassy in Australia. Speaking at the Australian Resources China Investment […]