Commodities

Platinum miner Lonmin (LSE:LMI) watched its share price gain 19.4 pence to 347.50 this morning, a leap of 5.91%, following the release of its impressive, 38-page final report for the year ending 30 September 2013. Financial Focal Points Although Lonmin’s total revenue declined to $1.52 billion from $1.61 billion in 2012, the company’s focus on […]

Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has appointed a resource consultant to prepare a Mineral Resource Estimate for the Rotgülden underground mine for gold, silver and copper and assess the exploration potential of the Company’s 100% owned Rotgülden Gold and Precious Metals Project (‘Rotgülden’) as a whole. In addition, an […]

National Milk Records (ISDX:NMRP), an ISDX-quoted leading supplier of dairy and livestock services, have released interim results for the six months ended 30 September 2013. Overview: · 60% increase in operating profit to GBP657,000 resulting from consolidation of testing facilities · Increased turnover from expanded testing capabilities such as milk pregnancy testing · Increased profit...

Goldplat (LSE:GDP), the AIM listed gold producer, have released preliminary results for the year ended 30 June 2013. Overview: · Market leaders in gold recovery in Africa – gold production from Ghana and South Africa totalled 35,099 ounces generating a gross profit of £5,308,892 · Undertaken a strategic review – refocus Goldplat’s business model to […]

Sula Iron & Gold (LSE:SULA), an iron ore and gold exploration company focussed on Sierra Leone, have announced the appointment of Mr. Matt Wood as a Non-Executive Director with immediate effect. Mr. Wood brings a broad range of managerial skills to the role, gained during a career spanning more than 15 years in the financial […]

Mariana Resources (LSE:MARL), an AIM quoted exploration and development company focused in Peru and southern Argentina, has announced that following successful due diligence, it is proceeding with the option to earn a 70% interest in Condor Resources Inc. (TSX-V:CN) 100% owned 7.13 sq km gold-silver-copper Soledad prospect in Peru. The Soledad property is located in […]

Mining giant GlencoreXstrata (LSE:GLEN) and its cousin, Antofagasta (LSE:ANTO) released their production reports for the third quarter today.  Drops in the share price of both companies help to drag the FTSE 100 down from it ethereal heights. Antofagasta shares dropped 3.68% to 864.50, a difference of 33.0 pence.  By comparison GlencoreXtrata shares slid 0.55% to […]

Mariana Resources (LSE:MARL), the AIM quoted exploration and development company focused in Peru and southern Argentina, have released details about an initial drilling programme at its Condor de Oro Gold-Copper-Silver Project, located along the prolific gold-copper Cordillera del Condor belt in Northern Peru. Overview: · Initial 5 hole/1,500m diamond drill programme to test the Pucayacu...

The share price of African Barrick Gold (LSE:ABG) continued to gain ground on the London Exchange today.  A 9.9% increase over yesterday’s close to 186.70 continues a recovery that began on 13 July, when the share price was at 105.10,  and an unabated upward trend that commenced on 14 October.  ABG shares were valued at […]

Savannah Resources (LSE:SAV), an AIM listed exploration company,has announced that it has commenced an initial drilling programme at the Company’s 80% owned 180 sq km Jangamo heavy mineral sands project, located in a world-class mineral sands province in southern Mozambique. Highlights: ·Commenced 2,000m, reverse circulation (‘RC’) drilling programme to further define prospectivity of Jangamo...