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Hammer copper-molybdenum grade in Mt Isa jumps by nearly 40%

Hammer Metals continues to shake up the Mt Isa exploration scene with a boost to its Kalman resource the latest in a run of exceptional news. The copper equivalent grade at Kalman has jumped from 1.3% to 1.8% following recent successful drilling and Hammer believes the deposit, which is open along strike and down plunge, still has more to offer.

Global tech magazine nominates Perth listed Weebit in top 60 hot start-ups

American global electronics magazine EE Times has added a company that was backdoor listed in Perth to its highly anticipated annual list of hot tech start-ups to watch. ASX listed Weebit, that was recently backdoor listed into Radar Iron by Nedlands based corporate advisory firm Armada Capital, has made the EE Times "Silicon 60" list this year.

Blackham locks in near record prices for 1/3 of Matilda gold output for next 18 months

Blackham Resources has provided some certainty for investors by locking in forward gold sales at near record prices for part of its production from the 100,000+ oz-per annum Matilda gold project. More than 1/3rd of gold sales over the next 18 months are locked away providing Blackham with a solid foundation to launch big expansion plans.

MGC Pharma teams with Sydney Uni to create white paper on medical marijuana

MGC Pharma and The University of Sydney have released a new report on the clinically proven benefits of medicinal cannabis in a bid to increase its acceptance and draw attention to its potential medical benefits. More than 100 studies are currently underway which will provide a base load of clinical evidence for doctors and patients.

Pilbara Minerals to inject $550m a year into Pilbara region from world scale Lithium mine

Well its official - Lithium mining is very lucrative and the hype surrounding the industry is real and justified. Pilbara Minerals had the market sitting upright with eyes and ears at the ready this week when they released their stunning financial projections for what could be the world's largest Lithium mine just 100km south of Port Hedland in W.A.

Sky and Space Global in deal with $7b tech giant

Sky and Space Global has attracted another big name partner as it counts down to the launch of its first nano-satellites in the second quarter of next year. The company has entered an MOU with US$7 billion tech giant Flextronics, just one week after signing with Sir Richard Branson's Virgin Galactic to ferry its nano-satellites into orbit.

New trials of PharmAust cancer drug underway at Cambridge Uni

The University of Cambridge has begun a second phase of canine trials of PharmAust's promising anti-cancer drug, taking it a step closer to widespread availability for pet owners. The trial will also provide information on the potential for the Perth-based company's new drug as a breakthrough cancer treatment for humans.

Sipa kicks off drilling at second project in a month

With a swag of drill results from two exciting projects on two different continents due out over the next few weeks, ASX punters will no doubt be watching Sipa Resources closely with one hand on the buy button. Sipa this week starts a new phase of drilling at Akelikongo, its highly-rated nickel-copper prospect in Uganda. 

Perth biotech lab achieves globally recognised ISO accreditation

ASX listed PharmAust subsidiary Epichem has been elevated to a select group of biotech companies that have achieved ISO 9001:2015, an internationally recognised certification for quality, continual improvement and customer focus. Epichem unertakes biotech research for some of the world's largest pharmaceutical companies in Perth. 

Drake takeover target develops mobile cyber security App

The transformation of Drake Resources into a stock riding the global cyber security boom is reaching its final stages, with a shareholder meeting to approve the reverse takeover of Israeli firm Genome expected in November. Genome are also about to release a mobile version of their unique technology that finds human weeknesses in IT systems. 

Branson’s Virgin Galactic in deal with Perth based nano-satellite company

Sky and Space Global has announced a deal with Richard Branson's Virgin Galactic to use its LauncherOne spacecraft to deliver a "constellation" of miniature satellites into space. The agreement is a major step forward for the Perth-headquartered company as it rapidly moves ahead with establishing its own global satellite telecommunications network. 

Hammer to produce maiden resource at Millennium after strong drill results

Hammer Metals will shortly produce a maiden copper-cobalt-gold resource estimate at the Millennium prospect in Mt Isa just months after acquiring the project for a song. Hammer has also identified a promising new target on the Millennium leases that boasts small scale historic production with copper grades of 26%. The project is also looking good for Cobalt. 

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Runners of the week

Company NameOpenPeak
TTE Petroleum0.00800.2200
Regal Resources0.01400.2200
Premiere Eastern Energy0.01800.0370
Kingston Resources0.02200.0390
3D Resources0.00400.0070
Metals Australia0.01000.0160
Samson Oil & Gas0.00400.0060
Acacia Coal0.00400.0060
Jacka Resources0.00400.0060
Caeneus Minerals0.00200.0030

Share Price

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Source: Morningstar

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