Public Company News

Middle Island first mover in East Tennant greenfields

19 Nov 2019

WA-based explorer, Middle Island Resources, has added another notch to its exploration belt by becoming a first mover in the Northern Territory’s unexplored East Tennant province, where it has so far been awarded six out of 10 exploration licences covering part of its proposed Barkly “super-project”. The company is now confident East Tennant is, like the well-established Tennant Creek mineral field to the west, hosting IOCG ore bodies.

ClearVue Technologies

ClearVue inks manufacturing agreement for solar window glass tech

Matt Birney

19 Nov 2019

Green energy innovator, ClearVue Technologies, has consolidated its position in the global renewables sector after securing a lucrative manufacturing and supply agreement with Taiwan’s BeyondPV Company that will significantly boost its hopes of full commercialisation of its unique solar window glass. The Taiwanese group is interested in ClearVue’s advanced Insulated Glass Unit technology that is used in windows and building facades to convert sunlight into energy.

Blina Minerals

Tennant Creek beckons for Blina as RC campaign starts

Matt Birney

18 Nov 2019

Blina Minerals has hit the ground running at its recently acquired Barkly copper gold project in the Northern Territory’s rich Tennant Creek mineral province. The explorer has launched a six-hole RC program that will focus on a 600m copper anomaly overlaying a zone of gold-copper-bismuth at the Bluebird prospect. Given this target is largely under cover, the company is confident it may have been overlooked by previous explorers.

Northern Minerals

Northern Minerals on hunt for Dazzler rare earth lookalikes

Matt Birney

18 Nov 2019

Northern Minerals has kicked off an RC drill campaign in search of rare earths at its Brown’s Range project in the East Kimberly of Western Australia. The company is confident that its new targets are underpinned by strong predictive science and will sink approximately 4000 meters of RC into the Gambit West and Cyclops deposits whilst undertaking more regional drilling at the Rouge target, located about six kilometres along strike from Dazzler-Iceman

Hammer Metals

Hammer hits on emerging discovery at Bronzewing South

Matt Birney

18 Nov 2019

Hammer Metals, has hit the nail on the head with some striking first pass aircore results from Target 1 within the 14km long Orelia trend at its Bronzewing South gold project. Results include 4 meters grading 2.40 grams per tonne gold from 16 metres downhole and point to an emerging discovery for Hammer who has now identified a 500m long gold mineralised trend at Target 1.

TNG

TNG banks $2m R&D tax windfall

Matt Birney

14 Nov 2019

Strategic metals company, TNG Limited has received a healthy $2.18 million refund under the Federal Government’s lucrative Research and Development, or “R&D” tax incentive scheme. The company received the funds in relation to test work for the commercial extraction of rare metals using its patented “TIVAN” process. Recently the company submitted the mine plan for its wholly-owned Mount Peake vanadium-titanium-iron project in the Northern Territory, which has an initial 37-year mine life.

AMA Group

S.M.A.R.T deal drives AMA Group to $1b market cap

Matt Birney

14 Nov 2019

ASX-listed, heavyweight automotive conglomerate, AMA Group, has completed a multi-million dollar, transformational acquisition of Insurance giant, Suncorp’s Capital S.M.A.R.T panel business, at an implied enterprise value of $420m. It has also purchased Suncorp’s complimentary ACM Parts business for $20m. The deal has propelled AMA into the exclusive ranks of billion-dollar market capped companies and comes gift wrapped with a 25-year service agreement with Suncorp.

High tech move recovers fine gold for Novo in Pilbara

Matt Birney

13 Nov 2019

Ore sorting could be the panacea for nuggety conglomerate gold projects that are notoriously hard to develop after Novo Resources reported very positive gold recovery numbers from its Egina conglomerate gold project in the Pilbara. Novo is rapidly gaining credibility as a conglomerate specialist as it looks to add this new ore sorting technology to its suite of tools to effectively process its various styles of conglomerate mineralisation.

Neometals

Neometals gets serious about nickel with resource boost

Matt Birney

13 Nov 2019

Neometals is continuing its push into nickel with the expeditious upgrading of its inferred nickel resource at the Munda deposit, which is now a strategic part of the company’s Mt Edwards project near Widgiemooltha in WA. The update has significantly impacted Mt Edwards’ growing inventory, boosting its contained nickel resources to over 130,400t of contained metal, clearing the way for mining studies.

AVZ Minerals

African mining veteran to add gravitas to AVZ board

Matt Birney

13 Nov 2019

Emerging global lithium player, AVZ Minerals, has recruited the services of African mining veteran, Dr John Clarke, as it prepares to take its massive Manono lithium project in the Democratic Republic of Congo to the next level. Dr Clarke, a former Ashanti Goldfields executive, will become AVZ’s non-executive chairman at the end of the year, bringing to the table a vast wealth of experience from across the Continent.

Ardiden

Ardiden drill-ready with new targets at Canadian gold play

Matt Birney

13 Nov 2019

ASX listed explorer, Ardiden, has identified a swathe of new targets across the West Pickle and Pickle Lake prospects at its gold play in Ontario, Canada. The targets were identified using a combination of airborne magnetic, electromagnetic or “EM” geophysical surveys and historical data. The company also holds the Kasagiminnis deposit that holds a resource of 110,000 ounces grading at a very respectable 4.4g/t gold.

Image Resources

Image spoilt for choice as off-takers line up for mineral sands

Matt Birney

13 Nov 2019

Despite a drop in the zircon price earlier this year, the value of Image Resources’ zircon-rich heavy mineral sands concentrate from its Boonanarring operation in WA has not been diminished as offtake partners continue to pay a premium for its product. The company, which has enjoyed a stellar run since production started at the mine last December, is now looking at new ways to add value to its mineral sands ore body.

Market Charts View all

View full chart >>

Runners of the week

Company Name	Open	Peak
Parkway Minerals	0.0060	0.0130
Pancontinental Oil & Gas	0.0010	0.0020
Carnegie Clean Energy	0.0010	0.0020
EHR Resources	0.0400	0.0740
Aspire Mining	0.1200	0.1900
rent.com.au	0.0380	0.0590
Sabre Resources	0.0020	0.0030
Amani Gold	0.0020	0.0030
Lithium Australia	0.0360	0.0540
Dateline Resources	0.0020	0.0030

Corporate Finance Deals

Company Name
Danakali
NRW Holdings
Mincor Resources
Primewest
IMF Bentham

Director Share Trades

Director Name	Change
Patrick Glovac at Tao Commodities
Justin Mannolini at Jindalee Resources
Michael Davy at Riversgold
Mark Connelly at Tao Commodities
Richard Monti at Pacifico Minerals
Jonathan Pearce at Stemify
Simon Noon at Pacifico Minerals
Tim Grice at Stemify
Aidan Platel at Fraser Range Metals
Zane Lewis at Fraser Range Metals