ALL THE NEWS
Mining States enter skills agreement.
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: If there is to be at least one certainty to emerge out of the current burgeoning mining industry boom in Australia it is that we will run out of skilled workers. It happened last time and mining companies spent a lot of time complaining about the shortage. Mining companies also spent a […]
Arafura Resources completes key technology
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Australian rare earths company Arafura Resources has successfully completed its Hydrochloric acid regeneration program. The program is an integral part of the company’s wider, previously reported Technology program. The process involves taking calcium chloride residues from the Phosphate circuit and re-acting them with Sulphuric acid to produce re-useable Hydrochloric acid, a key […]
Assays confirm gold at Restdown Joint Venture
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Helix Resources recently completed a total of 59 drill holes, completing around 6,000 metres of RC drilling, on its Restdown gold joint venture (Helix earning 70% by expending $700,000 by June 2012; Glencore International AG 100%) during April. The program was carried out to test extensions and continuity of significant gold results […]
Mincor Resources strikes $30 million gold – copper deal
/in Uncategorized /by Wally GrahamASX-listed Perth-based nickel miner Mincor Resources has advanced its growth and diversification strategy after striking a $30 million joint venture deal covering a suite of high-potential gold and copper exploration projects in Papua New Guinea. The transaction with PNG exploration company Niuminco Limited and its subsidiaries, provides Mincor access to a pipeline of growth assets […]
Laconia lines up Pilbara portfolio
/in Uncategorized /by Wally GrahamA lot of junior resources companies claim to be flying under the market radar but there are times when you actually have to ask if that radar is really turned on. One case in point is Perth-based base metals explorer Laconia Resources. Having listed in 2009 Laconia has put together an impressive portfolio of advanced […]
Blackthorn Resources to fly solo after BHP withdrawal
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Blackthorn Resources has found out that its major Joint Venture partner BHP Billiton intends to withdraw from direct involvement in the Mumbwa JV Project in Zambia. Not all is lost for the junior member of the partnership however, as under the terms of the JV agreement BHP will assign its interest to […]
MacPhersons and Reed enter Nimbus MOU
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Some interesting acquisition activity on the Goldfields has resulted in MacPhersons Reward Gold enter a binding Memorandum of Understanding with regional mainstay Reed Resources/ Under the MOU MacPhersons is set to acquire the assets of Reed’s Nimbus silver project, located at Kalgoorlie, including mine, mill and polymetallic deposits. The package comes […]
SA-NSW iron ore alliance formed
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: An interstate consortium of iron ore explorers has formed the Braemar Iron Alliance, to promote common infrastructure development for mining and to advance their common interests. The companies all are actively exploring to define iron ore deposits within the Braemar Iron Formation, an iron ore province starting west of Broken Hill and […]
Glory Resources maiden drill identifies 4km PGM-Cu-Ni Target
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: The maiden drilling program of Glory Resources on its flagship Onion Lake project has intersected a mafic intrusion. According to Glory the intersected mafic intrusion sequence is geochemically similar and is likely to represent an extension to the adjacent Magma Metals mafic-ultramafic conduits, namely the Current Lake Intrusive Complex. At Current Lake, […]
ERO Mining on the search for lithium
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: ERO Mining has commenced an initial sonic drilling program at its Wertaloona lithium project adjacent to the Frome saltpan in central-northern South Australia. The commencement of the program comes after the company received Aboriginal Heritage clearance with the Adnyamathanha people, The Wertaloona project is part of two exploration licences ERO procured via […]