Rex looms as key local copper play
January 25 - 31, 2012
WITH Chile and the likes of Peru all the rage these days for many keen on copper-gold exposure, it would seem all too easy for investors to overlook the opportunity on their doorstep in the form of Rex Minerals and its Hillside project in South Australia.
Year of the rig
January 25 - 31, 2012
IRRESPECTIVE of what happens on the corporate front, Terry Burgess and the broader market will be keeping a very close eye on what the OZ Minerals’ geology team in South Australia can come up with in 2012.
Bell focus turns to Nigeria
February 1 - 7, 2012
FOR those not familiar with Western Australia, Katanning is a major farming town in the heart of the state’s wheat and sheep country whose uniqueness in that part of the world probably doesn’t extend much past it being the location of a significant halal slaughterhouse. How much cultural knowledge geologist Benjamin Bell gleaned from the local Muslims when he was (up until recently) overseeing the Katanning gold project isn’t known, but any he did would surely be of some use now he’s re-emerged in the Muslim stronghold of northern Nigeria.
Betting on billions of tonnes
December 1 - 7, 2011
MARKET interest in Intrepid Mines has increased over the past week or two and it would be little surprise if funds and investors associated with Cormack Securities were behind the buying after the Canadian firm last month initiated coverage of the junior with a very positive report on the Tujuh Bukit project in Indonesia.
Cullen has promising year ahead
December 1 - 7, 2011
LEVERAGE with a capital “L” remains the most obvious assessment of Cullen Resources given a capitalisation of little more than $A20 million and a highly promising, prospective exploration portfolio that includes arguably one of the best discoveries made on (or slightly beneath) Canadian soil this year.
More tonnes key lever for manganese project
November 24 - 30, 2011
UNLIKE its competitors in southern Africa, manganese explorer and would-be developer Spitfire Resources claims it has got the key infrastructure requirement for projects of this ilk covered. However, it still needs more tonnes to make its project viable. Managing director John Mackenzie is obviously confident, contending that Spitfire’s aim to be the next major Australian manganese producer is “fait accompli”.
Hits start to speak volumes about strategy
November 10 - 16, 2011
LAST month Emmerson Resources managing director Rob Bills was wondering when ‘the penny would drop’ for the market that the company’s exploration strategy was looking very promising in the bonanza gold country around Tennant Creek in the Northern Territory. It seems he should now be able to stop wondering.
Finnish timing great for Hanna
November 10 - 16, 2011
ALL things being equal, Julian Hanna’s new job just got a whole lot easier, with the highly successful (and exiting) Western Areas managing director able to thank Anglo American for giving the company he’s now getting ready to IPO early in 2012 a very big leg-up.
A taste of things to come, maybe
November 3 - 9, 2011
CHESSER Resources managing director Rick Valenta gave the audience at the recent Mining 2011 Resources Convention in Brisbane a taste of what his company could be worth ... and surprise, surprise, it was a long way north of its current value.
Drilling en masse at Tujuh Bukit
November 3 - 9, 2011
INTREPID Mines will employ a veritable flotilla of drill rigs at the emerging and massive Tujuh Bukit project in Indonesia this quarter as the company seeks to grow the porphyry resources at its mainstay Tumpangpitu prospect past 1.5 billion tonnes by the end of the year and begin work on potential development options.
Kincora rollercoaster on the way back up
October 27 - November 2, 2011
IT’S been an eventful start to Kincora Copper’s public life since it listed its potentially mammoth Mongolian copper-gold project in July. The explorer has celebrated corporate triumphs including securing a decorated chief executive; has suffered at the hands of Mongolian politics and commodity markets; and, most importantly, has extracted good news from rocks within its Bronze Fox project, which, after all, is the reason the company exists.
Finnis talks Turkey
October 27 - November 2, 2011
GLOBAL Resources Corp is a rather low profile junior that’s talking big about potential drilling success in the months immediately ahead at its projects in one of the new boom exploration addresses in the gold world ... Turkey.
Wait nearly over for Renaissance man
October 27 - November 2, 2011
OCTOBER 27: RENAISSANCE Minerals is a gold explorer with all the key ingredients for success, including proven management and backers, and prospective ground. But as with the smallest to the largest company, it now needs the final, critical ingredient to add to the mix to deliver the piece de resistance for shareholders.
Mulholland’s Gold Road-style drive
October 20 - 26, 2011
OCTOBER 27: ACCORDING to Rox Resources managing director Ian Mulholland, the Mt Fisher greenstone belt in the back country 450km north of Kalgoorlie in Western Australia “is just waiting for a major discovery to be made”. He’d no doubt be hopeful a 5000m drill campaign that started there this week means he and his shareholders won’t be waiting too much longer, but either way it seems clear this veritable minnow will be making some significant strides toward a cashflow situation in the months ahead.
Location key for Kestanelik
October 13 - 19, 2011
SOME have enjoyed success in Turkey – Alacer Gold currently being a good example – and some have endured shabby failure. For investors, being able to see the wood for the trees, so to speak, would seem one of the keys to maximising the chances of having success backing companies operating in this Eurasian country – companies such as Chesser Resources, which claims to potentially have the “beginnings of a world class, high grade gold discovery”.
Naracoota drilling underway
October 13 - 19, 2011
NARACOOTA Resources is the latest junior to test its luck drilling Australia’s newest emerging copper-gold hotspot with a campaign now underway targeting geophysical anomalies interpreted as being potential sources of significant surface mineralisation.
Kagara plans big exploration spend
September 29 - October 5, 2011
WITH a budget of $A50 million over the next couple of years, Kagara is pinning its future largely on exploration success and Macquarie believes the rejuvenating company has the wherewithal to meet its ambitions.
Veteran geo likes Tollu indicators
September 29 - October 5, 2011
HIGHLY experienced geologist and resource sector executive Tony Howland-Rose has a CV that dates back to the 1960s and in more recent times features the Avebury project sold to Zinifex for $A860 million just before the GFC exploded in 2008. One of his gigs these days is as a “strategic consultant” to Redstone Resources and he’s indicated he very much likes what he’s seeing at the greenfields explorer that’s active out in the isolated Musgrave back country near the border of South Australia and Western Australia.
Oregon theory to be tested
September 29 - October 5, 2011
KRUCIBLE Metals boss Tony Alston was one of the first geologists in Australia to structure his exploration strategies around the idea that the Diamantina Orogen linked three serious geological provinces that hosted some of the country’s largest mines.
Market needs to see a little more of Huckitta
September 29 - October 5, 2011
THE Mexican standoff between heavyweight greenfield explorer Mithril Resources and the market continues but with drilling ongoing over the next six-to-12 months, the stalemate has the potential to come to an end at any moment. And in a big way too!