Mining

FORESTRY PERMITTING REGULATIONS & TRIAL MINING UPDATE Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced that newly introduced forestry regulations for the mining industry will significantly reduce the cost of obtaining forestry permits. Additionally, trial mining undertaken within a granted forestry permit area at the...

MOU to acquire Mothae Kimberlite Diamond Project in Lesotho from Lucara Paragon Diamonds Limited, the AIM quoted diamond development company, announces that it has signed a Memorandum of Understanding with Lucara Diamond Corporation, a TSX quoted mining company, to acquire a 75% interest in and operate the defined Mothae Kimberlite Resource, which is located only […]

TomCo Energy shares (LSE:TOM) are expected to experience a breakout to the upside, which may happen this week or next. The volatile market has been making shallow but protracted bearish attempt, but there would soon be a breakout to the upside. The ADX period 14 is not above the level 30, meaning that the momentum […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been a highly volatile market, with upswings alternated by downswings. In spite of this high volatility, the bias remains bearish and the price has a high probability of going further south, reaching the support levels at 1160.00 and 1150.00 this month. However, this would not happen without visible […]

For several months in a row, Kefi Minerals stock (LSE:KEFI) has been unable to close below the great support level at 1.00, in spite of the cut-throat attempts from the bears. The bears are desperate to push the price below the support level, but the bulls are too stubborn to allow that (while they themselves […]

Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has completed of the bulk sample collection ahead of the full scale pilot plant campaign for its 100% owned Araguaia nickel project in Para State, north central Brazil. Highlights: · High grade nickel intersections received from bulk sampling drilling include: o 11.45 meters grading […]

The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20%  at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]

Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]

Africa Potash stock (LSE:AFPO) is a bear market; and the bulls regret buying the stock. For the past 6 months, the price has been trending downwards slowly and gradually. This is a bias that is expected to continue for the next several weeks and months. There are currently conflicting signals in the chart. Although the […]

Commences First Phase of Exploration at Walchen VMS Deposit, Austria Noricum Gold Limited, the Austrian focused precious and base metal exploration and development company, has announced that the first stage of exploration work at the Walchen VMS deposit in Austria, acquired in late March 2015, is now underway. Highlights: · Noricum management and field staff […]