ALL THE NEWS

Leighton consortium awarded $130M wind farm contract

THE BOURSE WHISPERER: Leighton Contractors, in consortium with New York-listed advanced technology, services and finance company GE, has been awarded a $130 million contract by the Verve Energy and Macquarie Capital joint venture for the Mumbida Wind Farm development, 40 kilometres South-East of Geraldton in Western Australia. According to the Leighton announcement the development will […]

Castlemaine hits impressive gold

THE DRILL SERGEANT: Castlemaine Goldfields has released results from exploration diamond drilling on the Sulieman Line of mineralisation at its Ballarat gold project. These results are from the Basking Fault Zone (BFZ) in the Llanberris compartment and build on the knowledge Castlemaine has gained from exploration success in the adjacent Britannia compartment. Best results came […]

Hastings acquires rare earths project

THE BOURSE WHISPERER: Hastings Rare Metals has entered into an agreement with Artemis Resources to acquire a 60% interest in the Yangibana rare earth project located in the Gascoyne region of Western Australia. The deal will result in a boost to Artemis’ coffers to the tune of four million dollars. “The sale to Hastings Rare […]

BC Iron gets ready to roll

A protracted and ultimately unsuccessful take-over bid for the company has given burgeoning Pilbara-focused iron ore producer BC Iron a steely resolve. In January 2011, BC Iron announced Hong Kong-listed Regent Pacific was offering to acquire all existing BC Iron shares not already owned by it for cash consideration of $3.30 per BC Iron share. […]

Peninsula Energy upgrades Wyoming uranium

THE DRILL SERGEANT: Peninsula Energy Limited has announced an upgrade to the JORC-compliant Resource Estimate for its Lance uranium projects in Wyoming, USA. The revised JORC compliant resource estimate of 41.4 million pounds of uranium represents a 25% increase to the total resource estimate. It also includes a 7% increase in Measured and Indicated Resource […]

TFS Raises US$150 Million

THE BOURSE WHISPERER: ASX-listed Indian Sandalwood producer TFS Corporation has priced an offering in the international markets to raise US$150 million. TFS has over 4,500 hectares of Indian Sandalwood trees established in the Kimberley region of Western Australia. The money will be raised through the issue of 11% Senior Secured Notes due 2018 and Warrants […]

Centaurus acquires Brazilian iron ore project

THE BOURSE WHISPERER: Centaurus Metals has acquired a portfolio of tenements in south-eastern Brazil known as the Serra do Lontra project. The company views the acquisition to be the initial basis of its strategy to export one to two million tonnes per annum of high-grade hematite to international markets by mid-2014. The Serra do Lontra […]

Elvis has left the building No. 4

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: ZYL Limited director resignation […]

ADG Global Supply joins up with Airland

THE BOURSE WHISPERER: Australian integrated supply concern ADG Global Supply has entered into a formal Joint Venture arrangement with Danish global logistics group Airland. The purpose of the JV is to create an integrated project logistics, procurement and supply chain solutions offering to major mining projects globally. The JV has completed similar tasks previously and […]

White Rock defines new and potential gold zones

THE DRILL SERGEANT: White Rock Minerals has received assay results for its Mt Carrington gold-silver project in northern New South Wales, which the company says, may suggest potential extensions to the current Inferred Mineral Resources at the shallow Strauss and Kylo deposits. The Strauss and Kylo gold deposits are located on the central Mining Leases […]