Matt Birney

Matt Birney is the author and a Director of Bulls N Bears which is a joint venture between Business News and Birney Corporate Communications. Bulls N Bears is an ASX release distribution platform that "turbo charges" the reach of public company announcements by utilizing the significant resources and public following of Business News. Bulls N Bears delivers information driven by public company announcements to the tens of thousands of Business News subscribers, distributes it on Twitter to targeted financial markets participants and sends it to its 1000 strong database of financial journalists at every significant media outlet across Australia. Bulls N Bears also records and distributes radio interviews with public company CEO's for the purposes of thoroughly exploring the ramifications of a company announcement before uploading the link to each interview to its unique web portal that sits inside the Business News website. 

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King River eyes further cut to Speewah capex

King River Resources has flagged the potential to further reduce the estimated capital cost of its giant Speewah vanadium/titanium/iron project in WA’s Kimberley region by USD$152m to USD$524m. According to a recommendation by Perth-based engineering firm, Como Engineers, the cost reduction could be achieved by reducing the planned start-up mining rate to correspond with a more standard-sized acid plant installation.

Alterra teams-up with WA avocado grower

Alterra has executed a three-year local partner services agreement with West Australian-based avocado grower, French’s Group. French’s Group will provide local representation, assistance with origination and assessment of investment opportunities, localised production experience and technical support to Alterra in the Peel, South West and Great Southern regions of WA.

Horizon knocks out more gold hits near Kalgoorlie

Horizon Minerals has firmed up confidence in the Crake prospect within its Binduli gold project near Kalgoorlie after drilling returned a top intersection of 3 metres grading 7.41 grams per tonne gold from 81m down-hole. The results demonstrate both width and grade continuity across a 450m strike length with the company saying that mineralisation remains open in all directions.

Calidus dials up drilling for Pilbara gold project

Calidus Resources has kicked off a major drilling campaign at its Warrawoona gold project located near Marble Bar in WA’s eastern Pilbara region, which is aimed at improving confidence in the existing mineral resources and expanding the mine-life beyond the initial six years. The work will be centred around the Klondyke open pit and underground resources, but will also include regional greenfields exploration at Klondyke West.

ClearVue in Swedish micro homes tie-up

ClearVue Technologies is jumping on the growing micro-home bandwagon with the signing of a collaboration agreement with Swedish developer Attefallshus AB. Under the agreement, Attefallshus will integrate ClearVue’s proprietary solar glass window technology into its micro-homes and other construction projects where appropriate, exclusively in Sweden, Denmark, Norway and Finland.

Spectrum extends high-grade gold shoot at Penny North

Spectrum Metals’ ongoing drilling campaign at the Penny North gold discovery near Youanmi in WA continues to impress. The company has now extended the length of its high-grade ore shoot to 260 metres with exceptional new intersections like 3m @ 83.7g/t gold. Spectrum has also revealed more gold mineralisation from Penny South, beneath the historical Penny West pit, with 2m @ 17.1g/t gold from 182m down-hole.

Lithium Australia strikes more lepidolite at Youanmi

Lithium Australia has now extended the strike of lithium-bearing pegmatites at its Youanmi project near Sandstone in WA’s Murchison region to over 2,500 metres after its recent drill campaign returned more lithium hits. The results include a top hit of 1 metre grading 4.1% lithium oxide from 23m down-hole within a broader intercept of 6m @ 1.6% lithium oxide from 22m.

Blackstone unearths new nickel targets in Vietnam

Blackstone Minerals has nailed a plethora of new nickel sulphide exploration targets from its maiden geophysical survey program at the emerging Ta Khoa project, west of Hanoi, in northern Vietnam. The induced polarisation survey showed a strong correlation with existing positions of nickel mineralisation at the flagship Ban Phuc prospect and outlined new targets at the Ban Khoa and King Snake prospects nearby.

TNG poised to cut Mount Peake capex

TNG Limited has flagged the potential to reduce mining costs and costs associated with waste haulage of tailings at its flagship Mount Peake vanadium-titanium-iron mine in the Northern Territory. The company said this could be achieved by focussing on two higher grade vanadium pits during the first 10 years of operation, which will lower ore mining and processing rates without affecting production.

Vonex takes off with Qantas rewards partnership

Australian telco disruptor, Vonex, has officially launched its partnership with Australia’s largest business to business loyalty program, Qantas Business Rewards. The partnership allows businesses of any size in the QBR program to earn reward points for their expenditure on the company’s products and has the potential to grow its brand awareness, recognition and sales growth.

Classic gets gold fever at Kat Gap

Clutching an armoury of excellent previous gold drilling results, Classic Minerals is now well and truly blooded and up for the hunt at Kat Gap near Southern Cross. The ASX minnow has kicked off a new drilling campaign aimed at testing down-dip projections of high-grade mineralisation it previously intersected with drilling to focus on the 400 metres of strike to a depth of about 100m, double the average depth of previous holes.

Venus/Rox target more high grade gold near Youanmi

Venus Metals and Rox Resources have recommenced reverse circulation drilling to follow up on high-grade hits of more than two ounces to the tonne gold at the Currans Find North prospect, near Youanmi in Western Australia. The current drill program will explore the down-plunge and along-strike extensions of the high-grade gold mineralisation that was intersected in previous drilling.

Hammer poised to kick off Bronzewing drilling

Hammer Metals is gearing up to kick off its maiden drill program at the Bronzewing South gold project in Western Australia over several targets that are located immediately south and along strike of Echo Resources’ 4 million ounce Bronzewing mine. A recent survey over these targets identified conductive zones that are in most cases spatially associated with areas of higher gold accumulation anomalies in historical drilling.

Buru firms up potential oil zone at Adoxa-1

Buru Energy has identified the potential for an 11 metre oil pay zone in the Upper Anderson section after completing wireline operations at its Adoxa-1 conventional oil exploration well on shore in the Canning Basin, Western Australia. The company will now case the well before mobilising the NGD 405 rig to drill the nearby Ungani-7H production well at the Ungani oil field before returning to Adoza-1.

AVZ improves met work at giant lithium play

AVZ Minerals has improved on initial metallurgical test work at its giant Manono project in Africa with the production of a lithium concentrate grading 6.6% with recoveries of 70.4% from ores crushed to a finer size than in previous tests. The company has also updated President Tshisekedi Tshilombo from the Democratic Republic of Congo and senior government officials on the progress being made at the project.

ClearVue puts foot into US sustainability door

ClearVue Technologies, has secured a significant foothold in the US for its solar glass “PV technology” after signing a collaboration agreement with sustainable infrastructure specialist AquaGen Infrastructure Systems. Under the agreement, AquaGen will integrate ClearVue’s energy generating windows into all of its planned sustainable village developments, some of which are already at an advanced planning stage.

Altech green lights USD$100m German equity strategy

Altech Chemicals is proceeding with its German equity strategy to sell up to a 49% stake in its high purity alumina, or “HPA” project for USD$100 million to Frankfurt Stock Exchange-listed company, Youbisheng Green Paper. Altech is also acquiring a 29% stake in Youbisheng, which will change its name to Altech Advanced Materials and seek to raise up to €70 million in new equity to fund the acquisition.

Novo plucks 162 nuggets from trench

TSX-listed conglomerate gold explorer, Novo Resources, has unearthed an Aladdin’s cave of gold nuggets in a single pathfinder trench at its exciting Egina gold project, near Port Hedland in WA’s Pilbara region. 162 gold nuggets weighing 324 grams were plucked from the trench in the first pass with most of them recovered from a swale in the underlying basement rock near the northern end.

St George hits more nickel-copper sulphides in WA

St George Mining has intersected nickel-copper sulphide mineralisation that extends known zones of high-grade mineralisation at the Investigators prospect within its Mt Alexander base metals play near Leonora in WA. The drilling includes a top intersection of 15.1m of sulphide mineralisation from 172.2m down-hole in an area where there has been very limited drilling to date.

MGC builds medical cannabis patient numbers

MGC Pharmaceuticals has added another notch to its belt with 100 patients that have been prescribed or are being processed to receive prescriptions of its medical cannabis-based pharmaceutical products in Australia. The company has also extended its local reach after Tetra Health, who assists medical professionals and patients to obtain safe access to medicinal cannabis products, added MGC’s products to their product range.

Lithium Australia perfecting battery recycling tech

Lithium Australia has hit another milestone on its road towards recycling lithium-ion batteries with the successful production of lithium phosphate from mixed metal dust derived from waste battery electrodes. The company is currently in the process of using this lithium phosphate to produce lithium-ferro-phosphate cathode powder that will then be used to manufacture coin cells for testing.

BlackEarth aces spherical graphite testing

BlackEarth Minerals’ ongoing test work has confirmed that spherical graphite produced using concentrates from its flagship Maniry project in Madagascar, meets specifications required by lithium-ion anode manufacturers. Additionally, the test work by German testing outfit, Dorfner ANZAPLAN, has achieved production yields of up to 52%, well above the industry average of around 40%.

Surefire to drill for gold near Sandstone

Surefire Resources is finalising a drilling program to test anomalous zones of gold mineralisation previously identified within greenstones at its Victory Bore project located near Sandstone in Western Australia’s Mid-West region. Previous drilling in the 1990s defined a gold-in-soil anomaly about 4.4 kilometres long and up to 750 metres wide with a top intersection of 8m @ 10.2g/t gold from just 20m down-hole.

Rods are turning for Venus/Rox near Penny West gold mine

Venus Metals and Rox Resources have commenced a 5,000m aircore drill program at their Venus JV near the topical Penny West gold mine in the Youanmi region. The companies are targeting a prominent magnetic low identified by an airborne survey which includes the historical Penny West gold mine, the historical Magenta and Columbia prospects and Spectrum Metals’ recent Penny North discovery.

Strike marks 300% increase in Perth Basin gas pay

Strike Energy has inked a fourfold increase in the net reservoir within the secondary objective Wagina sandstone to 10.2 metres with porosities of up to 14% at its multi-target West Erregulla-2 well in the Perth Basin, Western Australia. The company said this compares favourably to the nearby producing Beharra Springs fields, which flowed up to 38 million cubic feet of gas per day from a 10.4 metre net gas reservoir in the Wagina sandstone.

Northern Minerals locks down offtake for Browns Range

Northern Minerals has signed an offtake agreement with German raw material distributor thyssenkrupp Materials Trading for the purchase of all heavy rare earth carbonate produced from its Browns Range pilot plant project near Halls Creek, WA. The offtake agreement will commence immediately, with all current stockpiled product and future production included in the agreement.

Black Rock nails large-scale graphite trial

Black Rock Mining’s Mahenge project in Tanzania has successfully produced spherical graphite that exceeds industry standards for battery anode materials with yields of up to 53% and purity of 99.98% TGC during a large-scale trial in a commercial environment. The results are higher than Chinese industrial benchmark yields of between 35% and 45% and purity of 99.5% TGC and replicate results achieved during laboratory testing.

MGC inks milestone lease for Malta cannabis facility

MGC Pharmaceuticals has received the green light to start construction of its large scale, GMP compliant medical cannabis production facility in Malta that will increase its existing production capacity after signing a long-term lease agreement for the 6,000 square metre site. The site works for the facility will commence immediately and the company plans to start construction of the multi-storey building during the current quarter.

Buru intersects more hydrocarbons in the Canning Basin

Buru Energy has observed hydrocarbon shows after intersecting the secondary target Anderson Formation at its Adoxa-1 conventional oil exploration well in the Canning Basin, Western Australia. The significance of these individual sand bodies with hydrocarbon shows in cuttings samples will be evaluated with wireline logs once the well is completed to its total planned depth of 2,200m.

Premium titania product from Sovereign rutile play

Sovereign Metals’ new Wofiira rutile prospect in Malawi just got interesting, with analyses of the titanium-rich ore concentrate showing the products are likely suitable for all major markets, including the chloride pigment, titanium metal and welding flux sectors. Metallurgical studies show that the ores have a favourable particle grain size distribution, comparable to other leading natural rutile products in the market.

MGC targets Chinese nutraceuticals market

MGC Pharmaceuticals and Chinese e-commerce marketplace YuShop Global have kicked off a full marketing and sales campaign for MGC’s cannabis-based nutraceuticals following a successful eight-week test campaign. Under the distribution agreement between the two companies, YuShop will sell MGC’s nutraceutical products to consumers via its online platform and network of retail channel partners, which include 1,500 luxury spas.



King River set to power the world with amazing vanadium resource

High purity vanadium is being tipped for greatness as a revolutionary force in battery storage of renewable energy. Perth’s King River Copper may well have the largest and highest purity in-ground resource in the world in W.A. Last week the company proved it could produce the holy grail of purity levels at 99.5%, placing it amongst elite company around the world.

88 Energy rubbing shoulders with oil majors in Alaska

A Perth based ASX listed junior has quietly been sweeping up big swathes of lucrative acreage in Alaska’s hottest oil province known as the North Slope with the truth diviner in the form of a drill rig about to be put to the test in coming months. 88 Energy will soon drill a well targeting up to 400 million barrels at its Western Blocks project in the region.

Tantalising gold recoveries for Novo in the Pilbara

Pilbara conglomerate gold theorist Novo Resources has generated rich concentrates from ore sorting trials at its Comet Well project near Karratha, producing ore grades up to 792.4g/t gold. The company also separated coarse gold nuggets from gravelly ore horizons at its Egina project near Port Hedland using gravity techniques and it has suggested that the procedure could be ramped up to a larger scale in the future.

Novo has nearly 90% gold recoveries in the Pilbara

Pilbara conglomerate gold theorist, Novo Resources, has generated encouraging gold recoveries of up to nearly 90% from ore sorting trials at its Comet Well project located near Karratha in WA. The trials produced ore grades up to 792.4g/t in sorted gold concentrates and additional work will now be undertaken at smaller crush sizes and on oxidised ore samples to optimise gold recoveries even further.

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Weebit makes breakthrough with game changing memory tech

Technology company Weebit-Nano continues to make big strides in the development of its game changing “Re-Ram” memory storage technology with the announcement of successful electrical testing.  Weebit believes Re-RAM has the capacity to revolutionise memory storage due it being faster, cheaper and requiring less energy than current flash storage methods.

Sharks wary of SMS patterned wetsuit says UWA

ASX listed Shark Mitigation Systems have achieved scientific validation of their unique, patented, shark deterrent wetsuits after the University of W.A completed a ground breaking trial of the company’s “SAMS” wetsuit technology with live white sharks in South Africa. The results, which are quite stunning, show that it took a shark 400% longer to engage with a SAMS wetsuit.

Pilbara Minerals to move into Lithium downstream processing with Chinese

In the Lithium business it can be very profitable to own a mine, however, turning that Lithium into battery grade chemicals, commonly known as downstream processing, can be even more lucrative. Market darling Pilbara Minerals have given a hint of their medium term strategy after signing an MOU to move into the Lithium downstream processing business with the Chinese. 

Weebit to collaborate with Global tech powerhouse to commercialize revolutionary computer memory

It doesn’t happen often but every now and then a tech story comes along that looks like it just might survive the tech bubble and create a real business that makes real money. One such story at least at face value is ASX listed Weebit Nano that was back door listed by Perth connections into Radar Iron earlier this year and is now headquartered in Nedlands.