Mining

Director Appointment African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has appointed Mr Elias Pungong to the Board as a non-executive Director. Mr Pungong will support the Company in its growth strategy as it looks to realise value from its Lac Dinga […]

Q3 2015 operations and production update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided an operations and production update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 30 September 2015. Production […]

Corporate and Mothae acquisition update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced an update and progress regarding the proposed acquisition from Lucara Diamond Corporation of the Mothae Kimberlite Resource, which is only 5 km from the world class Letšeng le Terai Diamond Mine in Lesotho, and the Company’s nearby Lemphane Kimberlite […]

Continued Positive Results from Mapping and Sampling, Walchen, Austria Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided an update on its exploration activities at the Company’s 100% owned Walchen VMS Deposit, located in Austria. Highlights: · Walchen’s potential to host significant multi element mineralisation...

Update on Phase One Fundraising North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has announced that it has now closed its Open Offer and Placing, and has consequently completed its Phase One Fundraising raising in aggregate US$4 million under the Open Offer, Placing and Greenstone Placing. The […]

Oxus Gold stock (LSE:OXS) is now rated a buy because of the current bullish price action. The breakout that has been performed this month can still be sustained in spite of the correction that is currently happening. We cannot enter a market simply because of a strong volume. There are other factors to be considered. […]

Leading up to its October meeting from the 9th to the 11th of this month in Lima, Peru, the International Monetary Fund released its World Economic Outlook today. The release was skillfully crafted, including its title, “Uncertainty, Complex Forces Weigh on Global Growth.” Maurice Obstfeld, IMR Economic Counsellor and Director of Research, described the global […]

Signing of Fertiliser Sale Agreement African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has announced that it has signed a legally binding fertiliser sale agreement with a Zambian based purchaser introduced by COMESA/ACTESA. This follows the signing of a framework fertiliser supply […]

Disposal of the Company’s Ethiopian assets Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on Africa, has announced the disposal of its wholly owned subsidiaries Nubian Gold Exploration Limited and Rift Valley Resources Limited, which hold all of the Company’s interests in the Federal Democratic Republic of Ethiopia, namely the Wayu Boda and […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards for several weeks, with intermittent rallies along the way. The intermittent rallies were sometimes strong enough to threaten the existing bearish bias in the short term. On October 2, 2015, price spiked upwards seriously, threatening the existing bearish bias again; but the bias would not […]