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Articles by BPH Energy
BPH Energy gains further confidence in Baleen drill target [Promoted]
BPH Energy gains further confidence in Baleen drill target [Promoted] BPH Energy Limited (ASX: BPH) has continued its extensive work at its exploration well at the Baleen drill target in the PEP11 offshore permit in NSW. Today, the company provided a report on the geochemical support for the planned exploration well within PEP11, in the offshore Sydney Basin.
Rare CBD hemp strain found
SPONSORED NEWS: BPH Energy Limited () investee Patagonia Genetics has acquired the rights to a recently discovered and rare high CBD hemp strain. Known as the Carmangola Italian Hemp strain, it is an industrial hemp strain derived from Italy and cultivated for more than 15 years. The hemp seeds are dioecious meaning that both male and female plants can be grown. The strain is mainly grown for fibre production as well as for Cannabidiol (CBD) oil extraction and resin.
Vimy to raise $6.9m
Vimy says capital raised will go towards funding for its uranium projects in Western Australia and Northern Territory. facebook twitter linkedin print West Perth-based Vimy Resources has announced commitments to raise $3.9 million through a share placement and up to $3 million through a share purchase plan to fund the development of its uranium projects in Western Australia and Northern Territory. To read more, please Login below or Subscribe.
Flinders strikes BBI Group deal for iron ore project
Flinders will retain control of the PIOP until the final investment decision. facebook twitter linkedin print Investors have welcomed Flinders Mines entering into a non-binding agreement with the Balla Balla Infrastructure Group, which could deliver the infrastructure and funding needed to help get its stranded Pilbara iron ore project (PIOP) into production. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Blackstone to resume drilling at Little Gem cobalt play
Blackstone Minerals has announced it will resume drilling at its flagship Little Gem cobalt-gold project in British Columbia, Canada in the coming weeks. The first drill hole from the previous campaign returned an exceptional 4.3 metre intersection grading 1.0% cobalt and 15 g/t gold, including 1.1 m @ 3.0% cobalt and 44 g/t gold.
Argosy taps investors for $17m
Lithium explorer Argosy Minerals has announced a $17 million capital raising that will replace a previously announced $26 million investment in the business by a Chinese offtake partner. Perth-based Argosy said it would raise $15 million through the placement of shares at 22 cents each, plus a further $2 million by way of a share purchase plan at the same price.
Gold, lithium driving new mines investment
The number of mining projects under development in Western Australia is is double that of a year ago, with the go ahead on a series of lithium and gold projects taking total investment in progress to about $3 billion. Business News has identified 19 mining projects currently being built in the state, including seven gold projects worth about $1 billion.
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