Commodities

Operational update Alecto Minerals (AIM:ALO), an AIM quoted mineral exploration company focussed on West and East Africa, has provided an update on its operational, exploration and corporate activities. Alecto, a gold and base metals exploration company with a focus on Africa, currently operates in four countries across the continent with projects at varying levels of […]

Drilling has commenced on the Hot Maden Gold-Copper Project in Turkey Mariana Resources, the AIM listed exploration and development company with projects in South America, announces that drilling has commenced on the Hot Maden gold-copper project in Turkey. This project is subject to a signed arrangement agreement pursuant to which, and in accordance with the […]

++BREAKING NEWS++ Appointment of Chief Operating Officer Cluff Natural Resources Plc, the natural resources investing company, has announced the appointment of Andrew Nunn as the Company’s Chief Operating Officer. In a statement Cluff said “Andrew joined the Company in May 2014 as Senior Project Manager and has been promoted to the Board with immediate effect. […]

Termination of Yorkville equity swap and issue of equity Alecto Minerals plc (AIM:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, announces that the equity swap agreement, announced on 7 November 2013 between the Company and YA Global Master SPV Ltd has been terminated by mutual consent. Following termination of the […]

Raises US$5 million in Conjunction with Nairobi Stock Exchange Listing Atlas Development (AIM:ADSS), the African focussed support services and logistics company, has announced that in connection with its previously announced cross listing on the Growth Enterprise Market Segment of the Nairobi Securities Exchange it has successfully raised US$5 million (KES 450 million) through a private...

GOLD (XAUUSD) Dominant Bias: Bearish The long-term bias on Gold is bearish, but the medium-term bias is bullish. Even the medium-term bullish bias has been put in a precarious condition, because price has been trending downwards this week. Any movement below the support level at 1187.00 would make it illogical to seek long trades, while […]

I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

Drilling Highlights Potential for Increase in Kimberlite Tonnage at Lemphane Pipe, Lesotho Paragon Diamonds Limited, the AIM quoted diamond development company, is pleased to announce a recently completed drilling programme at its flagship Lemphane Kimberlite Project in Lesotho has demonstrated the potential for a further increase in the Project’s present tonnage estimate of 48Mt of...

Gold futures traded in a tight range on Thursday in what was a relatively quiet session across most financial assets. Traders had one eye on Friday’s non-farm payroll numbers and stock markets retreated across the board. The S&P 500 pared early losses to finish lower by -0.12% on the day. ECB Chief Mario Draghi said […]

I really did expect to write about something other than oil today, but you know what they say about the best laid plans of mice and men. The mere mention of ExxonMobil (NYSE:XOM) in my article yesterday led me to think a bit more about the issue, especially as XOM makes for a good example […]