ALL THE NEWS
Minemakers signs MoU for Wonarah
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: ASX, TSX and NXS-listed Australian phosphate play Minemakers Limited has signed a non-binding Memorandum of Understanding with Bombay Stock Exchange-listed NMDC Limited to establish a pathway for the development of its 100% owned Wonarah phosphate deposit in the Northern Territory. Under the MOU relevant NMDC management staff will join the Minemakers team […]
Continental Coal secures funding for Penumbra mine.
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The board of Perth-based South Africa-focused coal mining company Continental Coal has received a credit approved and committed financing offer. The offer will provide debt and related coal and foreign exchange risk management facilities that will be used for the development of the company’s Penumbra coal project. The new facility, in conjunction […]
Discovery Metals reports initial drill results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Discovery Metals has reported first results from an 11 hole deep drilling program of the Plutus deposit at the company’s 100% owned Boseto copper project in Botswana. The reported results stem from the first three holes of a deep drilling program that the company has designed in order to investigate the potential […]
Train them and they will work
/in Uncategorized /by Wally GrahamThe skills shortage currently being suffered across the resources industry is one subject that is not going to fall off the radar in a hurry. The obvious way, of course, of filling the ever expanding competence void is to train people to become proficient in the skills each particular sector is demanding. So the next […]
Black Fire Minerals eyes REE project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Diversified Perth-based resources house Black Fire Minerals has completed a due diligence program and has subsequently entered into an Option to Purchase Agreement to acquire a 70% equity interest in the 3,600 square kilometres Longonjo rare earth project located in central Angola. Under the agreement, Black Fire has made a A$100,000 option […]
Centaurus Metals test work produces high-grade hematite
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Recent dry magnetic separation beneficiation test work carried out by Brazilian-focused iron ore company Centaurus Metals has demonstrated the capability to produce a high-grade hematite product grading 65.8 per cent iron with low impurities at a strong mass recovery of 50% and metal recovery above 90%. The positive results stem from test […]
Intrepid hits gold-copper at Gama
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: ASX-listed Intrepid Mines and TSX-listed Cornerstone Capital Resources have announced the completion of the first six holes of an 11-hole (2,900 metres) drilling program. The Phase 1 diamond drilling program was carried out on the Gama prospect, located in the north western part of the Shyri property in southern Ecuador. Intrepid is […]
Second iron ore resource for Centrex Metals
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The strategic partnerships of iron ore developer Centrex Metals with Top 10 China-based steel mills to explore for and develop iron projects on South Australia’s Eyre Peninsula continues to deliver good news with the announcement of a second major resource milestone in under a month. Centrex has announced that Eyre Iron, its […]
Aphrodite Gold beefs up Phi
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Kalgoorlie-focused gold play Aphrodite Gold has confirmed a major extension to the Phi gold zone at its flagship Aphrodite Gold Project near Kalgoorlie Western Australia. The Phi gold zone, together with the Alpha zone, hosts the existing Aphrodite gold resource containing 1.03 million ounces. Results from the recent RC drilling program, combined […]
Potash West gets straight to work
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Newly-ASX-listed Potash West has wasted no time in announcing results from its first drilling campaign. The company recently completed an aircore drilling program on its E70/3100 licence, which is located on the western margin of the prospective Dandaragan Trough some 100 kilometres north of Perth. The company’s maiden drilling program has come […]