Proto Resources (ASX:PRW) has updated the market on their Tasmanian Barnes Hill Project, which should go into production in 2014. The company received the results from iron ore beneficiation tests which show the possibility to extract the iron ore from the Barnes Hill project and produce saleable concentrate. The company […]
It’s been a while since we reported on NWM Mining Corp. (NWM.V), so now we’ll give our comments on the most recent developments. Q2 Production Numbers The production numbers in Q2 were slightly disappointing. Whilst we were counting on production in excess of 5250 ounces of gold, the company reported […]
It’s been a while since Goldgroup updated the market on its projects, so we got in touch with the company and asked for an update. Cerro Colorado Based on the last NI43 resource estimate, Cerro Colorado currently has a remaining life of mine of approximately 15 months. Goldgroup has been […]
Global Metals has published a presentation about their Tanzanian graphite project on their website. [download_link link=”http://gmetex.com.au/sites/default/files/asx/120906%20-%20Graphite%20in%20Tanzania%20Presentation.pdf”]You can download the presentation here.[/download_link] Disclosure: Global Metals Exploration NL is a sponsoring company. Please see our disclaimer for current positions.
Tembo Gold Corp. (TEM.V) continues to release excellent news regarding its Tanzanian project. Drill hole TRC0423 intercepted 3 meters of 19.1 grammes per ton of gold at a depth of 39 meters, beneath artisanal mining. These widths and grades are very similar to the veins at the Bulyanhulu mine next […]
Tembo Gold Corp. (TEM.V) filed an updated technical report on their Tembo-property in Tanzania, where 43 diamond and 84 reverse circulation holes have been completed at the date of the report (July 31st). As stated in earlier press releases, Tembo discovered continuous gold mineralization in a number of structures along […]
Today, Global Metals Exploration (ASX:GXN) announced they are acquiring a graphite project in Tanzania through the takeover of Hatua Resources Ltd., a Tanzanian company holding tenements of approximately 1.200 km², adjacent to ASX-listed Syrah Resources Ltd. (ASX:SYR). Assay results from Injaa Hill returned grades from 8.9% to 10.9% carbon, and […]
As said in our blogpost on Northland Resources yesterday, iron ore prices have been sliding for almost 2 months now. 62%Fe is currently trading between $90 and $95 per tonne, which is a 3-year low. We believe iron ore prices are relatively cheap now, and even though we don’t believe […]
After today’s drop, Northland Resources SA (NAU.TO) is getting interesting. At a shareprice of C$0.62, their market capitalization dropped to about C$320M, which isn’t very expensive if the company can reach its targets over the next 3-5 years. As there is no recent news, the drop of 25% over the […]
Simba is an oil and gas exploration junior focused on onshore frontier areas of Africa. We had an interview with Mr. Mark Sommer, Vice President of Corporate Communications for Simba Energy.