The Digger

The Digger Articles

Australian Copper Conference 18 - 19 June at the Sofitel Brisbane.   12-Jun-2013

You are invited to attend the Australian Copper Conference as our guest, the 2013 Australian Copper Conference brings together Australia's leading players in the copper mining sector with an audience of industry experts eager to discover who the big winners will be in this valuable market sector going forward.

You are invited to attend the Australian Copper Conference as our guest,
the 2013 Australian Copper Conference brings together Australia's
leading players in the copper mining sector with an audience of industry
experts eager to discover who the big winners will be in this valuable
market sector going forward
Pura Vida Energy NL is ideally positioned for its planned well to be
drilled in Morocco early 2014. The Company is free carried on two wells
(to a total cost of US$215m) and retains a 23% in the permit. In
addition to nearby drilling in Morocco, news flow related to its
recently acquired Nkembe block in Gabon will fill the gap between now
and drilling of the Toubkal prospect.
Maiden Bollinger Resource expected soon Sirius Resources NL continues to
report significant nickel and copper mineralisation within the
Bollinger deposit. The latest assay results from recent infill drilling
confirm more continuous, thick, high grade mineralisatIon, with nickel
grades over 5% and copper grades over 2%. The resource drill-out is now
nearing completion and is expected to be finished in the coming weeks.
Once all drill assays have been received Sirius will estimate the maiden
resource for the deposit, which could be released as early as July
2013.
The long-term chart for gold suggests that there is still tremendous upward potential for the price in the coming years.  If we focus in on the more medium to shorter-term outlook we find that when the price reached $1911 in September 2011 it encountered a speed resistance line and suffered a peak in momentum.  With marked similarities to the March 2008 peak the price entered a phase in much the same fashion as it did at that time.
The 3rd annual Resources & Energy Investment Symposium (REIS) is on 20-22 May, once again held in the unique city of Broken Hill; Last year’s event exceeded the expectations of all that attended - including over 350 delegates, 12 keynote speakers and more than 30 resource companies presenting their investment opportunities.
Perth-headquartered Range Resources Ltd is predicting a major increase in oil production from its onshore Trinidad projects following some promising recent drilling results.
Global Strategic Metals NL is an Australian-based exploration and development company with interests in precious, base metals and lithium. The company’s flagship project is its 80 per cent owned, advanced Wolfsberg Lithium Project in Austria, which recently received approval from the Austrian Government to proceed with mining two 500t bulk samples, putting the project firmly on the road to full mine development and commercial production
Metallurgical test work undertaken at Sheffield’s Thunderbird deposit demonstrates a high quality zircon, ilmenite, rutile and leucoxene products can be achieved using conventional processing methods. Scoping level studies are well advanced which will lead to pre-feasibility studies expected in 2H2013. An active drill program at Dampier and at the Fraser Range ‘Red Bull’ nickel copper-project will commence imminently and will likely lead to positive news flow.
In a further demonstration of the irrationality of financial markets at present, the price of gold has fallen sharply over the past few weeks, despite a host of supporting factors that under normal circumstances would result in a stampede towards the precious metal. We’ve recently witnessed a ratcheting-up of the rhetoric from the rogue state of North Korea, more poor economic news emanating out of the USA, and a host of deteriorating economic indicators out of Europe (hot on the heels of the Cyprus bail-out).
The company being cashed up is able to aggressively explore a large strategic acreage that’s positioned in one of the world’s best uranium provinces, the Northern Territory’s Alligator River region. Alligator has conducted extensive drill programs over its project area, with a total of 10,991 metres of drilling completed during 2012. Results to date justify a more systematic drill out of the Caramal deposit area during 2013, which will likely lead to a revised and upgraded Resource estimate. 
The 500km2 Matilda Gold Project has been very fertile for discovering new gold resources, proving the adage that the best place to explore is close to old mine workings. To date, the discovery and acquisition cost is ~$4.00/oz and with a 30,000m drilling programme underway, further resource upgrades are likely. Since acquisition in late 2011, the global resource for MGP has increased 384% to 24.5Mt @ 1.9g/t for ~1.5Moz gold. A recently agreed funding agreement with GCG provides the necessary capital to complete exploration and feasibility studies. A near term production opportunity exists should Blackham Resources reach an agreement to treat their ore through Apex Minerals’ Wiluna Gold Processing Plant.
The economic potential of Avalon Minerals Ltd’s, Viscaria Copper-Magnetite Project in northern Sweden has been further enhanced by recent drill results which continue to extend the known mineralisation at higher grades than previously estimated, suggesting that a significant increase to the overall NPV of the project will be able to be achieved