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Liontown to Roar After $12.5 Million Raising. Liontown Resources (ASX: LTR) has confirmed it has accepted firm commitments for a $12.5 million capital raising to underpin the continued advancement of its 100%-owned Kathleen Valley Lithium-Tantalum and Moora Gold-PGE- Nickel-Copper Projects in Western Australia. As a result of the raising the Company’s flagship Kathleen Valley Lithium- …
Todays Top Story – The EV and Battery Storage Revolution Is Now, Are We Ready?
There is a lot of talk about the future of motor vehicles, battery storage and all things green when it comes to electricity. But the talk doesn’t seem to be reflected in the commodity prices of those materials required to make up batteries for our EV and home battery storage future. Is it because that …
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Morning News Bites – October 28
Galileo Confirm Prospective Nature of Fraser Range Lantern South Project. Galileo Mining has announced assay results from recent diamond drilling have confirmed the prospective nature of the Company’s Lantern area in the Fraser Range Nickel Belt of Western Australia. Commenting on the assay results Galileo Managing Director Brad Underwood said; “These results are a very important …
Todays Top Story – Australia Post CEO Christine Holgate Is Under The Pump, But Why?
Most people you ask wouldn’t know who Christine Holgate is and what she does. Those that do know of her, know that she has been a highly successful CEO at Blackmores and now at Australia Post. But it would seem she is doomed to be the fall guy because four expensive watches were given to …
Morning News Bites – October 27
Wiluna Mining Excited About Latest Drill Results. Wiluna Mining has released high-grade results from a further 45 holes and 10,534m of resource development drilling “under the headframe” at the Wiluna Mining Centre. So excited are they by the results that they titled their announcement: “The Giant is Now Very Much Awake.” The Company is targeting infill …
Tonight’s Top Story – Will the New Work Health and Safety Bill Solve More Problems Than it Causes?
The new Work Health and Safety Bill introduced and passed in the WA State parliament lower house in February and last week passed in the upper house, advances new industrial manslaughter laws that have been mooted for some time now. In essence it means that individuals and business entities can be held responsible for the …
Morning News Bites – October 26
Saturn Expands Apollo Hill Gold System. Saturn Metals (STN) has released further strong results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. The project is on the Leonora – Wiluna belt and is on strike in the Keith …
Morning News Bites – October 23
Dacian Hits High Grades at Mt Marven Troubled miner Dacian Gold (DCN) has released drilling results from its initial drilling program along strike from the Mt Marven open pit at its 100%-owned Mt Morgans Gold Operation, located near Laverton in Western Australia. The newly defined continuation of high-grade mineralisation is currently delineated over a length …
Tonight’s Top Story – Is Modern Communication Leading to Social Isolation?
Modern Communication; Or at least that what it is called. Having been born in 1957 I can remember when the forms of conversations we had were face to face and telephone chats. Other means of communication were radio, newspapers and the telex that was mainly used in business. Wonder of all wonders in Australia in …
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Morning News Bites – October 22
Saracen Releases Quarterly. Hot of the press is Saracen Minerals (SAR) quarterly report. In brief the main points from the report are; – Quarterly gold production – 154,388oz at AISC A$1,169/oz. – At 30 September – Cash / liquids A$467m, debt A$321m. – Quarterly cash build – A$98m. – Record quarterly unaudited NPAT – A$70m …
