Mining

GOLD (XAUUSD) Dominant Bias: Bearish Gold was bearish for the most part of the last month and there is a possibility that it would continue to be bearish this month. There has been a series of higher lows and lower lows in the market and the current higher low may be another opportunity to sell […]

Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching […]

Includes acquisition of Yanfolila gold project Hummingbird Resources, the multi-project gold company, has announced its unaudited financial results for the six months ended 30 November 2014. Operational Highlights: · Completed acquisition of Yanfolila gold project in Mali from Gold Fields Ltd (‘Gold Fields’) in July 2014 · Drilling results reported at the Yanfolila Project ·...

Shares of mining major, Rio Tinto (LSE:RIO) have been up this afternoon in fairly light trading following its announcement of its next step in the transformation of its operational structure. Although its shares were in decline for most of the day, hitting a low of 3,189 in early trading, most of the day has been […]

Horizonte Minerals Plc, (LSE:HZM)the exploration and development company focused in Brazil, announces its results for the year ended 31 December 2014. Overview: · Completion of NI 43-101 compliant Pre-Feasibility Study on the 100% owned Araguaia Nickel Project in Brazil, demonstrating robust project economics for a 15,000 tpa nickel in Fe-Ni product with post-tax Net Present […]

Financial Results for the Year Ended 31 December 2014 Savannah Resources plc (LSE:SAV) announces its audited financial results for the year ended 31 December 2014. · Transformational move into mineral rich Oman, diversifying commodity and geographic reach – acquired interests in Blocks 4, 5 and 6 copper projects in the Sultanate of Oman, which includes […]

Placing and Subscription of 167 million new Ordinary Shares to raise £835,000 Ferrex, an AIM quoted manganese development and iron-ore exploration company focused in Africa, has raised £835,000, before expenses (£768,250 net of expenses) through the placing of 127,500,000 new Ordinary Shares and subscription of 39,500,000 million new Ordinary Shares at 0.5p each in the […]

MINING LAW MODIFICATIONS APPROVED Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, is pleased to announce that several modifications to the Mining Law were recently approved by the Turkish Parliament and have now been brought in to effect by the President. The Company believes this will hasten the mining permitting process […]

Final Results Ferrex plc, the AIM quoted manganese development and iron-ore exploration company focused in Africa, has published final results for the year ended 30 September 2014. · Manganese development and iron ore exploration in Africa focused on advancing low-capex, simple open-pit, low strip ratio projects which are located near to infrastructure and can be […]

Significant Coal Exploration Target Confirmed at Workington and Maryport Licence Areas in Cumbria, UK Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced an initial Exploration Target in accordance with the JORC Code of between 384 million and 640 million tonnes of coal within its 100% owned coal exploration licences located […]