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Barnes Hill Drilling

Proto provides an update on Barnes Hill

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 […]

Plants, Refinery & Assay Lab

NWM Mining, Quo Vadis?

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 […]

Caballo Blanco - Aerial View

Goldgroup Mining – General Update

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 publishes ‘Graphite in Tanzania’ presentation

Global Metals has published a presentation about their Tanzanian graphite project on their website. [download_link link=””]You can download the presentation here.[/download_link] Disclosure: Global Metals Exploration NL is a sponsoring company. Please see our disclaimer for current positions.

Mgusu Target, Tembo Project - Phase 1 Drilling Status

Tembo reports excellent intercepts in Tanzania

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 files an updated Technical Report

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 […]

Vale SA

Betting on Iron Ore

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 […]

Northland Resources SA - Kaunisvaara mine site

Northland Resources – Europe’s next iron ore producer

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 […]