ALL THE NEWS
Chalice fills up on Eritrean agreement
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: ASX and TSX-listed gold exploration company Chalice Gold Mines has signed an agreement with the Eritrean National Mining Corporation (ENAMCO) for ENAMCO’s acquisition of a 30% participating interest in Chalice’s Zara gold project in Eritrea, East Africa. Chalice said the agreement sets the pendulum swinging for final permitting, financing and development of […]
Golden Orb continues to shine
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Western Australian gold exploration play Southern Cross Goldfields has received results from a recently completed drilling program undertaken at the company’s 100 per cent owned Marda gold project. Infill drilling has returned a series of wide, high grade intersections from close to surface at the Golden Orb deposit located 15km south-west of […]
Gunson Resources Funding Decision Required
/in Uncategorized /by Wally GrahamWhile there has been a broad based correction in the resources sector in recent months, on the back of heightened concerns that growth in the major global economies is stalling, one sub-sector that is firing on all cylinders is the mineral sands industry. Indeed, mineral sands industry leader Iluka Resources recently announced stunning price increases […]
Wildhorse Energy raises $7 Million
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Central Europe-focused ASX-listed Underground Coal Gasification play Wildhorse Energy has entered into agreements with institutional and sophisticated private investors who will undertake a placement of just over 22.6 million ordinary shares at an issue price of 31 cents per share, in order to raise gross proceeds of $7 million. The placement, undertaken […]
Finders gets permitting for Wetar copper project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Indonesia-focused copper cathode producer Finders Resources has been granted key mining permits for the development of its Wetar Copper Project in Indonesia. The permits have been issued by the District of Maluku Barat Daya under the new Indonesian Mining Law and are valid for 20 years. Combined, the permits are equivalent to […]
Crusader increases Borborema gold project
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Brazil-focused gold exploration play Crusader Resources has increased the JORC compliant Mineral Resource estimate for its Borborema gold project in north east Brazil. The estimate has been increased to 44.65 million tonnes at 1.30 grams per tonne for 1.86 million ounces of gold using a 0.5 g/t cut off. The new figures […]
Wasabi Energy signs on for German geothermal
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Clean energy technology play Wasabi Energy has signed a term sheet to jointly develop, own and operate the Taufkirchen Geothermal Power Plant in Southern Germany. Wasabi Energy will join an experienced consortium consisting of Swiss utility Axpo, German geothermal developer Geysir Europe GmbH and its wholly owned subsidiary Exorka GmbH, a Kalina […]
BHP Billiton goes to the Dogs
/in Uncategorized /by Wally GrahamThree BHP Billiton staff members are about to call the Shenton Park Dogs’ Refuge in Western Australia home. The three BHP staffers won’t exactly be taking up residential status at the Refuge but they will be central to an important fundraising campaign. The fundraising three-some – James Pregnell, Gabriel Gnavi and Jeremy Thornett – are […]
YTC receives encouraging drilling results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: New South Wales-focused gold explorer YTC Resources has received encouraging results from an ongoing drilling program at its Nymagee copper project (YTC-90%) in the Cobar Basin. Drilling was carried out in the western lead-zinc-silver lens located approximately 10 to 15 metres west of the Nymagee main lode. Hole NMD032 was drilled from […]
Infigen closes Woodlawn loan facility
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Renewable energy wind famers Infigen Energy announced financial close under the Woodlawn Wind Farm project finance facility and that it has successfully imported electricity to the grid as part of the wind farm’s pre-commissioning testing procedures. In December 2010 Infigen signed a project finance facility agreement with Westpac for the 48.3 Mega […]