Commodities

Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has provided a positive operational update from its 1.1 million carat Tongo dyke kimberlite diamond project in Sierra Leone. Highlights: · Significant progress has been made in advancing the project up the development curve towards production with Definitive Feasibility Study (“DFS”) […]

Anglo Asian Mining plc, the AIM listed gold producer in Azerbaijan, have provided investors with an update for the three months to 31 December 2013 and the year ended 31 December 2013) on production and operations at its flagship Gedabek gold/copper/silver mine in western Azerbaijan. Overview: · Gold production at Gedabek for Q4 2013 totalled […]

Beacon Hill Resources, an AIM and ASX listed coal producer, have announced further significant progress with its logistics and rolling stock for the transportation of coking coal from the Tete coking coal fields to the Port of Beira in Mozambique. · Completion of locomotives and wagons which will enable the Company to utilise its 0.5 […]

Alecto Minerals plc (LSE:ALO), the AIM quoted mining exploration company focusing on West and East Africa, has said that it has raised £1,500,000, before expenses, through the issue of 100,000,000 new ordinary shares of 0.01p each at 1.5p per share. The net proceeds of the Placing will be used to further advance the Company’s flagship […]

Armadale, an AIM quoted investment company focused on natural resource projects in Africa, has welcomed the announcement by Mine Restoration Investments Limited, in which Armadale holds an interest of approximately 40%, to commence full coal briquetting commercial production. MRI is listed on the Alt-X Exchange of the Johannesburg Stock Exchange and aims to develop profitable […]

North River has submitted its Environmental Impact Assessment and Environmental Management Plan to the Namibian Ministry of Environment and Tourism, for its Namib Lead & Zinc Project. Colin Christian and Associates, an experienced Namibian environmental consultancy, completed the EIA on behalf of North River. The report is the culmination of almost two years of an […]

Atlantic Coal, an AIM listed anthracite coal mining company operating in Pennsylvania, USA, has announced a production and sales update for both the quarter and full year ended 31 December 2013 from its Stockton Anthracite Mine , located near Hazleton, Pennsylvania. Q4 2013 Key production and sales fundamentals: ● 45% increase in clean coal production […]

If there was an albatross around the neck of the FTSE during 2013, it had to have been the entire mining sector. If the sector had performed better as a hole – er, I mean as a whole – who knows what heights the FTSE could have hit during the year. But, as was the […]

DekelOil Public Limited (LSE:DKL), operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has announced that it has received 400,000,000 FCFA (approximately 610,000 Euros) out of a total advance payment of 600,000,000 FCFA (approximately 915,000 Euros), as part of an off-take agreement signed with Societe Africaine de Raffinerie, a […]

“When historians write this story 10 or 20 years from now, they are going to look at a very different U.S. Everything has changed.” That was the forecast of Philip Verleger, energy sector guru and former director of energy policy at the U.S. Treasury Department, in an article published this week. Energy Investors, Beware! Your […]