Strickland Metals has entered the lucrative Serbian gold game after grabbing the Rogozna project that has a resource of 5.44 million ounces of gold equivalent.
The Australian sharemarket retreated in late trading to finish in negative territory for the fifth consecutive session despite making up some of the ground it had lost over the past week.
The Australian sharemarket was a sea of red on Tuesday,weighed down by a “perfect storm” of factors.
Terrain Minerals is preparing to stare into a Nova-style “eye” magnetic feature at its Lort River project,with an AEM survey to kick off early next month.
Lincoln Minerals has doubled its graphite resource to a whopping 973,000 tonnes of contained graphite at its Kookaburra project on SA’s Eyre Peninsula.
The Australian sharemarket dropped on Monday following rising tensions in the Middle East and a mixed start to the US profit reporting season which dragged down Wall Street over the weekend.
Toubani Resources has unveiled more high-grade gold hits at its Kobada project in Mali as part of its push to prove up an existing 2.4-million-ounce resource.
Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower,despite a US equities rebound overnight following its steep sell-off.
Empire Energy will pay down its US debt to Macquarie and put a bit over A$3m in the tin to chase gas in the NT’s Beetaloo basin after offloading its US oil and gas assets.
Interest-rate sensitive sectors drag the local bourse lower after US stocks slump following a report revealing larger-than-expected US inflation.
Sarytogan Graphite will use the by-product graphite from its lithium battery product to enter the substantial consumer goods battery market.