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Commodities

Anglo Asian Mining enter into loan facility agreement

09 Oct 2013 @ 21:22
Anglo Asian Mining (LSE:AAZ), a gold producer in Azerbaijan, has announced that it has entered into a loan facility agreement (‘Facility Agreement’) with Amsterdam Trade Bank N.V. (‘ATB’). Under the terms of the Facility Agreement, ATB has agreed to provide a committed term loan facility of up to US$37 million (the ‘ATB Facility’) to Azerbaijan […]
 

Wishbone Gold holds AGM

09 Oct 2013 @ 20:13
Wishbone Gold (LSE:WSBN), an exploration and acquisition company focused on precious metals, is holding its Annual General Meeting (‘AGM’) later today. At the meeting, Executive Chairman Richard Poulden will make the following statement: “Since listing on AIM in July 2012, the Company has made a great deal of progress towards achieving our stated strategy of […]
 

Black Mountain Resources announces silver grades detail

09 Oct 2013 @ 20:06
How resourceful of them. Black Mountain Resources (LSE:BMZ) have announced further exploration success at their New Departure project with silver grades exceeding 5,000g/t. The company had previously made number of announcements this year of positive grab sample results at its New Departure mine in Montana. Today, the company announced the results of grab samples from […]
 

Alecto announce mineral findings

09 Oct 2013 @ 07:30
Alecto Minerals (LSE:ALO), a mining exploration company focusing on West and East Africa, is has provided a market update on the Company’s exploration activities at its Kossanto Gold Project, West Mali. Highlights: • Trenching and soil sampling at Gourbassi East demonstrated the following positive results: o Trenching over the Gourbassi East Main Zone reveals high […]
 

Noricum raises £2m for Rotgulden gold and precious metals projects

03 Oct 2013 @ 20:28
Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has announced that it has raised £2 million (before expenses) by way of an oversubscribed placing of 200,000,000 new ordinary shares of no par value in the capital of the compmay, with new and existing shareholders in the Company at a price of 1 […]
 

Premier African Mineral amass "multi-commodity suite" of African assets

03 Oct 2013 @ 20:01
Follows positive August results. Explorer-developer Premier African Minerals (LSE:PREM) has announced that it has amassed a multi-commodity suite of assets in Africa. In late August 2013, PREM released positive results from a Preliminary Economic Assessment (PEA) and concept mining study on the flagship RHA tungsten (WO3) project in Zimbabwe. The PEA envisaged a six-year operation […]
 

Grocers Drag FTSE to Three-Month Low

03 Oct 2013 @ 00:18
UK grocers Sainsbury (LSE:SBRY) and Tesco (LSE:TSCO) published their interim results this morning.  The overall news for Sainsbury was not so bad; for Tesco, not so much.  Nonetheless, the share price of both grocery chains placed a burden on the FTSE from which has spent the day trying to recover. Follow a good report, Sainsbury […]
 

Weekly currency roundup – US budget concerns dominate sentiment

01 Oct 2013 @ 01:24
Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]
 

Noricum Gold announce Rotgülden Gold and Precious Metals Project results

30 Sep 2013 @ 21:36
Golden results? Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has announced further significant high grade gold and silver mineralisation from its 2013 underground drill programme at the Company’s 100% owned Rotgulden Gold and Precious Metals Project (‘Rotgulden’). Highlights: · Significant gold (‘Au’), silver (‘Ag’) and copper (‘Cu’) mineralisation...
 

Mind Your Miners

26 Sep 2013 @ 00:30
Sometimes investing makes you smile.  Other times it can make you want to jump off the nearest tall building.  Although certainly not the only sector that can take you through those highs and lows, mining provides a pretty good example that investing is not for the faint of heart.  Take these recent headlines, for example: […]
 
 
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