Commodities

Lucy MacDonald, who manages some $7.3 billion in assets in her position as CIO of Allianz Global Investors, has declared that BP (LSE:BP.) (NYSE:BP) is now “more investable” as a result of the company’s entering into an administrative agreement with the U.S. Environmental Protection Agency four years past the Deepwater Horizon catastrophe in the Gulf […]

ADVFN is keeping a close watch on AIM-listed Gulf Keystone Petroleum (LSE:GKP) as it progresses toward its admission to the Main Market, a move that is scheduled for 24 March. The Gulf Keystone share price is continuing to decline, falling another 9.72% to 130.00 as of noon today, despite a favorable operational report released this […]

Goldplat plc, the AIM listed gold producer, has released interim results for the six months ended 31 December 2013. Overview: – Focussed on restructuring Goldplat’s gold recovery and mining business in Africa to be profitable in the changed economic environment – Weak gold prices impacted revenues for the period, but cost control measures across operations […]

African Consolidated Resources PLC, the AIM listed resources and development company, has confirmation of an Ore Reserve Estimate in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, 2012 Edition (“the 2012 JORC Code”) of 16.6Mt grading at 1.9g/t for 1.02Moz of contained metal at its flagship Pickstone Peerless […]

Atlantic Coal plc, the AIM listed open cast coal production and processing company with activities in Pennsylvania, USA, has announced that it has ordered six Komatsu Model HD785-7 100 ton haul trucks and two CAT D9 dozers. This equipment purchase is expected to enable the Company to continue to increase the run-of-mine (“ROM”) production profile […]

One week ago today, on 24 February, Gulf Keystone Petroleum (LSE:GKP) announced that it plans to bid adieu to the AIM and step into the LSE Main Market on 24 March. That is three weeks from today. Although GKP dominated headlines last Monday, the news has been eerily devoid of anything to do with the […]

The petroleum sector is, almost without debate, the single largest economic and political force in the world. Petroleum can used to leverage peace and prosperity, but it can also be used to dictate power and to decimate entire economies and political entities. Which raises my personal concern over how President Obama will use the current […]

James Bullard is the President of the St. Louis Federal Reserve Bank. While all eyes have been on Janet Yellin the past several days, Bullard was in New York City this morning, speaking to representatives of the European American Chamber or Commerce. Aside from his address, he made a comment to reporters that, as Lincoln […]

After closing yesterday at its highest point since 20 November 2013 Randgold’s share price (LSE:RRS) has slipped by 111.00 pence , a drop of 2.49% from yesterday’s close of 4456, during the first half of the day. Frankly, this is absurd. It would appear that the drawback was initiated by an inane reporter’s description of […]

Randgold Resources (LSE:RRS) proved the positive implication of the old axiom, “If you fail to plan, you plan to fail.” The company’s keen understanding of the gold market and its anticipation of a decline in the price of gold during 2013, positioned itself to described its annual results for 2013 this morning for “one of […]