Mining

GOLD (XAUUSD) Dominant Bias: Bullish Gold was quite choppy in the first three weeks of April 2016, characterized by short-term upswings and downswings, all in the context of an uptrend. In the last week of April, Gold experienced a sustained trending movement. Price moved upwards by 6500 pips last week alone, breaking one resistance level […]

Jubilee Platinum stock (LSE:JLP) is clearly a rough and volatile market, also caught in an equilibrium phase for the past several months. Right now, there seems to be a breakout to the downside. The price has gone below the lower Trendline, as the RSI period 14 is below the level 50. This is a “sell” […]

GOLD (XAUUSD) Dominant Bias: Bullish On the daily chart, Gold is in an uptrend; whereas a lower timeframe like the 4-hour chart shows that there is bearish pressure on the market. In the context of an uptrend, price was engaged in a bearish correction throughout the month of March, causing price to reach a monthly […]

BP shares (NYSE:BP) have been very volatile for the past several months. The bullish effort that was made in October 2015 has been rendered useless by the bears. Though the volatility in the market is high, the dominant bias is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold has been going upwards since the beginning of this year, with first 7 trading days in February being quite significant as far as the bullish journey was concerned. Price topped at 1263.13 on February 11, 2016. On the daily chart, a Golden Cross had already taken place in early […]

…and Notice of Annual General Meeting Savannah Resources plc (AIM:SAV) announces the release of its audited financial results for the year ended 31 December 2015 along with the notice of its Annual General Meeting, which is to be held in London on 16 March 2016. Operations · Significant progress made in implementing our strategy of […]

Baoulé Diamond Export and Upcoming Sale Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced that it has exported a diamond parcel of 3,341 carats from trial mining of its Baoulé kimberlite project in the Aredor area of Guinea to Antwerp. These goods will be cleaned and […]

Appointment of Mineral Sands Industry Leaders to Assist in Development of Pituffik Titanium Project, Greenland FinnAust Mining, the AIM listed exploration company with projects in Greenland, Finland and Austria, has announced that, in line with its strategy to rapidly assess the near term production potential of the Pituffik Titanium Project in Greenland, it has appointed […]

Cash Placing of £1.75 million Savannah Resources (AIM:SAV) has raised £1,747,473 (before expenses) through the placing of 98,295,329 ordinary shares of 1.0p each at a placing price of 1.777778p per ordinary share to Al Marjan Limited, an existing investor. HIGHLIGHTS: · Raised gross proceeds of £1,747,473 · Funds will predominantly be used to fund the […]

Q4 2015 Operations Update Magnolia Petroleum, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi Lime and the Hunton in Oklahoma. Q4 […]