ALL THE NEWS
Nemex Resources receives XRF results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Iron ore-focused explorer Nemex Resources has received the first five x-ray fluorescence spectrometry (XRF) results from surface outcrops of an ironstone formation collected from its Télimélé license in western Guinea. Nemex’s Télimélé license is one of three exploration licenses that comprise the Coastal Project in western Guinea. The five samples were collected […]
Middle Island in West African expansion
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Having just listed in December 2010 one of the ASX’s newest gold plays in West Africa has wasted little time making itself noticed by moving into an area dominated by some of the bigger players in the field. Middle Island Resources has entered a five year, US$5 million joint venture agreement to […]
Navigator to sell interest in Cummins Range
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Western Australian gold producer Navigator Resources has agreed terms with Kimberley Rare Earths for the sale of Navigator’s additional interest in the Cummins Range Rare Earths project. Under the terms of the conditional agreement, Navigator will sell 30% of the Cummins Range project to KRE for the total consideration of $6.5 million […]
Key rail agreement signed for Karara project
/in Uncategorized /by Wally GrahamAs the interminable wait for third party rail access lingers in Western Australia Gindalbie Metals has opted to look outside the square. Gindalbie Metals has actually looked further than outside the square and has broadened its view to beyond state borders and conformity to sign a 10-year above rail haulage agreement with QR National for […]
AusQuest and Cliffs to form JV in Peru
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Diversified Australian exploration company AusQuest Limited has agreed to form a joint venture with US‐based Cliffs Natural Resources Exploration (CNRE), a wholly‐owned subsidiary of Cliffs Natural Resources. The JV will be charged with the objective of identifying, exploring and evaluating potential Iron Oxide Copper Gold (IOCG) and other mineral deposits in south‐western […]
Navarre Minerals returns encouraging drill results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Having received all results from recently completed 21 hole drilling campaign Victoria-focused gold play Navarre Minerals says it is encouraged by the intersection of a prominent quartz reef structure and significant quartz veining in 16 of the 21 holes drilled. The 1,600 metre air-core drilling program was carried out at the West […]
Galaxy Resources moves shipment forward
/in Uncategorized /by Wally GrahamGalaxy Resources moves shipment forward THE BOURSE WHISPERER: A recent run of solid production from the Mt Cattlin spodumene project of S&P/ASX 300 Index company Galaxy Resources has resulted in the re-scheduling of the company’s second shipment of spodumene to China to mid June 2011, a month earlier than expected. Production at Mt Cattlin, located […]
Elvis has left the building. No2.
/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: Warathah Resources appoints new […]
Commodity Overview – What’s really going on with copper?
/in Uncategorized /by Wally GrahamCopper is regarded as one of the bellwether commodities of international economic growth and rightly so, as it’s used extensively in everything from homes to cars to electronics. Despite comments over recent months that have predicted dire price falls based on weakening world demand, the fundamentals for copper have, in my view, been signalling something […]
Catalpa scores encouraging drill hits
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Rising mid-tier Australian gold producer Catalpa Resources has received some encouraging results from three drill holes carried out during its on-going diamond drilling program. The current “Deeps” program is testing the potential of the company’s multi-million ounce Edna May gold system at Westonia in Western Australia. The ‘Deeps’ drilling program has been […]